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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Trinity Capital's retained earnings for the quarter that ended in Mar. 2026 was $-19.3 Mil.
Trinity Capital's quarterly retained earnings
increased
from Sep. 2025 ($-16.9 Mil) to Dec. 2025 ($-6.4 Mil) but then
declined
from Dec. 2025 ($-6.4 Mil) to Mar. 2026 ($-19.3 Mil).
Trinity Capital's annual retained earnings
increased
from Dec. 2023 ($-22.6 Mil) to Dec. 2024 ($-6.7 Mil) and
increased
from Dec. 2024 ($-6.7 Mil) to Dec. 2025 ($-6.4 Mil).
Trinity Capital (NYSE:TRIN) 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.
Trinity Capital Retained Earnings Historical Data
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The historical data trend for Trinity Capital'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.
Trinity Capital (TRIN) has a Retained Earnings of $-19.3 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Trinity Capital and its competitors.
Is Trinity Capital's Retained Earnings too high?
Trinity Capital's current Retained Earnings is $-19.3 Mil. Overall, Trinity Capital has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Trinity Capital's Retained Earnings compare to CET and GAM?
Trinity Capital's Retained Earnings of $-19.3 Mil can be compared against companies in the Asset Management 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 Asset Management company?
A good Retained Earnings depends on the Asset Management 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 Trinity Capital and its competitors. Trinity Capital's current Retained Earnings is $-19.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trinity Capital stock overvalued right now?
Based on GuruFocus' analysis, Trinity Capital (TRIN) is currently considered Fairly Valued. The stock's GF Value™ is $18.75, compared to a current price of $17.67 — trading 5.8% below its estimated fair value. The current Retained Earnings is $-19.3 Mil. Trinity Capital's overall GF Score™ is 75/100 with 14 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 Trinity Capital (TRIN), the current Retained Earnings is $-19.3 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 Trinity Capital (TRIN) Overvalued in 2026?
Based on GuruFocus' analysis, Trinity Capital stock appears to be undervalued.
The current stock price of $17.67 is trading 5.8% below its estimated GF Value™ of $18.75.
GuruFocus considers Trinity Capital to be Fairly Valued.
Key valuation signals for TRIN:
Retained Earnings: $-19.3 Mil
GF Value™: $18.75 vs. price of $17.67 (5.8% below fair value)
No single metric tells the full story. See the TRIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Trinity Capital Inc is an internally managed, closed-end, non-diversified management investment company. Its investment objective is to generate current income and, to a lesser extent, capital appreciation through investments across five distinct vertical markets. The company is focused on achieving its investment objective by operating as a specialty lending company that provides debt, including loans, equipment financings, and asset-based lending, to growth-oriented companies, including institutional investor-backed companies. Its investment portfolio mainly comprises private companies that have begun to have success selling their products to the market and need additional capital to expand their operations and sales.
75GF Score
Get the complete analysis for TRIN
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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