Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SBM Offshore NV's retained earnings for the quarter that ended in Dec. 2025 was $3,126 Mil.
SBM Offshore NV's quarterly retained earnings
increased
from Dec. 2024 ($2,489 Mil) to Jun. 2025 ($2,644 Mil) and
increased
from Jun. 2025 ($2,644 Mil) to Dec. 2025 ($3,126 Mil).
SBM Offshore NV's annual retained earnings
increased
from Dec. 2023 ($2,478 Mil) to Dec. 2024 ($2,489 Mil) and
increased
from Dec. 2024 ($2,489 Mil) to Dec. 2025 ($3,126 Mil).
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.
SBM Offshore NV Retained Earnings Historical Data
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The historical data trend for SBM Offshore NV'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.
SBM Offshore NV (SBFFF) has a Retained Earnings of $3,126 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on SBM Offshore NV and its competitors.
Is SBM Offshore NV's Retained Earnings too high?
SBM Offshore NV's current Retained Earnings is $3,126 Mil. Overall, SBM Offshore NV has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SBM Offshore NV's Retained Earnings compare to SLB and BKR?
SBM Offshore NV's Retained Earnings of $3,126 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Retained Earnings depends on the Oil & Gas 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 SBM Offshore NV and its competitors. SBM Offshore NV's current Retained Earnings is $3,126 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SBM Offshore NV stock overvalued right now?
Based on GuruFocus' analysis, SBM Offshore NV (SBFFF) is currently considered Significantly Overvalued. The stock's GF Value™ is $22.68, compared to a current price of $38.00 — trading 67.5% above its estimated fair value. The current Retained Earnings is $3,126 Mil. SBM Offshore NV's overall GF Score™ is 78/100 with 4 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 SBM Offshore NV (SBFFF), the current Retained Earnings is $3,126 Mil as of Dec. 2025. 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 SBM Offshore NV (SBFFF) Overvalued in 2026?
Based on GuruFocus' analysis, SBM Offshore NV stock appears to be overvalued.
The current stock price of $38.00 is trading 67.5% above its estimated GF Value™ of $22.68.
GuruFocus considers SBM Offshore NV to be Significantly Overvalued.
Key valuation signals for SBFFF:
Retained Earnings: $3,126 Mil
GF Value™: $22.68 vs. price of $38.00 (67.5% above fair value)
No single metric tells the full story. See the SBFFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SBM Offshore NV provides floating production solutions to the offshore energy industry both in hydrocarbon and renewable markets. Its main activities are the design, supply, installation, operation, and life extension of Floating Production Storage and Offloading (FPSO) vessels. The company is also working on floating offshore wind, wave energy, and research and development of products for future energy markets. It has dedicated product lines to provide specific floating equipment and products such as Turret Mooring Systems (TMS) and offshore (off)loading Terminals. The company has two segments: Lease and Operate segment includes all earned day rates on operating lease and operate contracts, and the turnkey segment includes revenues from Turnkey supply contracts and after-sales services.
78GF Score
Get the complete analysis for SBFFF
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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