Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Rheinmetall AG's retained earnings for the quarter that ended in Mar. 2026 was $4,213 Mil.
Rheinmetall AG's quarterly retained earnings
increased
from Sep. 2025 ($3,710 Mil) to Dec. 2025 ($4,102 Mil) and
increased
from Dec. 2025 ($4,102 Mil) to Mar. 2026 ($4,213 Mil).
Rheinmetall AG's annual retained earnings
increased
from Dec. 2023 ($2,762 Mil) to Dec. 2024 ($3,400 Mil) and
increased
from Dec. 2024 ($3,400 Mil) to Dec. 2025 ($4,102 Mil).
Rheinmetall AG (OTCPK:RNMBF) Retained Earnings Explanation
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
Rheinmetall AG Retained Earnings Historical Data
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The historical data trend for Rheinmetall AG's Retained Earnings can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
Rheinmetall AG (RNMBF) has a Retained Earnings of $4,213 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Rheinmetall AG and its competitors.
Is Rheinmetall AG's Retained Earnings too high?
Rheinmetall AG's current Retained Earnings is $4,213 Mil. Overall, Rheinmetall AG has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rheinmetall AG's Retained Earnings compare to SPCX and GE?
Rheinmetall AG's Retained Earnings of $4,213 Mil can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for an Aerospace & Defense company?
A good Retained Earnings depends on the Aerospace & Defense industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Rheinmetall AG and its competitors. Rheinmetall AG's current Retained Earnings is $4,213 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rheinmetall AG stock overvalued right now?
Based on GuruFocus' analysis, Rheinmetall AG (RNMBF) is currently considered Significantly Overvalued. The stock's GF Value™ is $954.51, compared to a current price of $1,290.01 — trading 35.1% above its estimated fair value. The current Retained Earnings is $4,213 Mil. Rheinmetall AG's overall GF Score™ is 83/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Rheinmetall AG (RNMBF), the current Retained Earnings is $4,213 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Rheinmetall AG (RNMBF) Overvalued in 2026?
Based on GuruFocus' analysis, Rheinmetall AG stock appears to be overvalued.
The current stock price of $1,290.01 is trading 35.1% above its estimated GF Value™ of $954.51.
GuruFocus considers Rheinmetall AG to be Significantly Overvalued.
Key valuation signals for RNMBF:
Retained Earnings: $4,213 Mil
GF Value™: $954.51 vs. price of $1,290.01 (35.1% above fair value)
No single metric tells the full story. See the RNMBF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rheinmetall is an international group active in various markets with leading technological products and services. The sales focus is on the security technology and mobility segments. Since February 2021, the group structure has been made up of five divisions—vehicle systems, weapons and ammunition, electronic solutions, sensors and actuators, and materials and trade. The vehicle systems, weapons and ammunition, and electronic solutions divisions are among the defense and security industry's leading suppliers of innovative products to German and international defense forces. The sensors and actuators, and materials and trade divisions' core area of expertise is the reduction of emissions, pollutants, and fuel consumption.
83GF Score
Get the complete analysis for RNMBF
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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