TNLIF (Trainline) Retained Earnings: $1,775.5 Mil (As of Feb. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TNLIF Trainline PLC TNLIF
69 GF Score
Price $2.97
GF Value $5.59
! 2 Warning Signs
View Full Analysis

What is Trainline Retained Earnings?

Trainline TNLIF 69 Retained Earnings is $1,775.5 Mil as of Feb. 2026. GuruFocus rates TNLIF with a GF Score™ of 69/100 and a GF Value™ of $5.59. The stock has 2 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Trainline's retained earnings for the quarter that ended in Feb. 2026 was $1,775.5 Mil.

Trainline's quarterly retained earnings increased from Feb. 2025 ($1,740.9 Mil) to Aug. 2025 ($1,818.5 Mil) but then declined from Aug. 2025 ($1,818.5 Mil) to Feb. 2026 ($1,775.5 Mil).

Trainline's annual retained earnings declined from Feb. 2024 ($1,790.1 Mil) to Feb. 2025 ($1,740.9 Mil) but then increased from Feb. 2025 ($1,740.9 Mil) to Feb. 2026 ($1,775.5 Mil).


Trainline  (OTCPK:TNLIF) 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.


Trainline Retained Earnings Historical Data

* Premium members only.

The historical data trend for Trainline'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.

Trainline Retained Earnings Chart

Trainline Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 258.71 256.99 1,790.15 1,740.88 1,775.48

Trainline Semi-Annual Data
Feb17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,790.15 1,821.58 1,740.88 1,818.50 1,775.48
TNLIF
69GF Score
Trainline PLC TNLIF
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trainline Retained Earnings Calculation

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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $1,775.5 Mil mean?
Trainline (TNLIF) has a Retained Earnings of $1,775.5 Mil as of Feb. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Trainline and its competitors.
Is Trainline's Retained Earnings too high?
Trainline's current Retained Earnings is $1,775.5 Mil. Overall, Trainline has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Trainline's Retained Earnings compare to BKNG and ABNB?
Trainline's Retained Earnings of $1,775.5 Mil can be compared against companies in the Travel & Leisure 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 a Travel & Leisure company?
A good Retained Earnings depends on the Travel & Leisure 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 Trainline and its competitors. Trainline's current Retained Earnings is $1,775.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trainline stock overvalued right now?
Trainline (TNLIF) has a current Retained Earnings of $1,775.5 Mil. The stock's GF Value™ is $5.59, compared to a current price of $2.97 — trading 47% below its estimated fair value. The current Retained Earnings is $1,775.5 Mil. Trainline's overall GF Score™ is 69/100 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 Trainline (TNLIF), the current Retained Earnings is $1,775.5 Mil as of Feb. 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 Trainline (TNLIF) Overvalued in 2026?

Based on GuruFocus' analysis, Trainline stock appears to be undervalued. The current stock price of $2.97 is trading 47% below its estimated GF Value™ of $5.59.

Key valuation signals for TNLIF:

  • Retained Earnings: $1,775.5 Mil
  • GF Value™: $5.59 vs. price of $2.97 (47% below fair value)
  • GF Score™: 69/100 with 2 warning signs

No single metric tells the full story. See the TNLIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Trainline Business Description

Address 1 Stonecutter Street, London, GBR, EC4A 4AH
Trainline PLC are the main independent rail and coach travel platform selling rail and coach tickets world'wide. The Group has three operating segments UK Consumer includes Travel apps and websites for individual travellers for journeys within the UK; International Consumer includes Travel apps and websites for individual travellers for journeys outside the UK including journeys between the UK and outside the UK, and Trainline Solutions1 includes Travel portal platforms for Trainline's own branded business units, in addition to external corporates, travel management companies and whitelabel ecommerce platforms for Train Operating Companies. It generates majority of revenue from UK Consumer. It has presence in UK and Rest of world of which majority of revenue comes from UK.
69GF Score

Get the complete analysis for TNLIF

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.97
Price
$5.59
GF Value