Algoma Central (TSX:ALC) Retained Earnings: C$944.7 Mil (As of Mar. 2026)

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TSX:ALC Algoma Central Corp TSX:ALC
72 GF Score
Price C$23.75
GF Value C$16.36
Valuation Significantly Overvalued
! 11 Warning Signs
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What is Algoma Central Retained Earnings?

Algoma Central TSX:ALC +0.93% 72 Retained Earnings is C$944.7 Mil as of Mar. 2026. GuruFocus rates TSX:ALC with a GF Score™ of 72/100 and a GF Value™ of C$16.36 (Significantly Overvalued). The stock has 11 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Algoma Central's retained earnings for the quarter that ended in Mar. 2026 was C$944.7 Mil.

Algoma Central's quarterly retained earnings increased from Sep. 2025 (C$863.4 Mil) to Dec. 2025 (C$950.8 Mil) but then declined from Dec. 2025 (C$950.8 Mil) to Mar. 2026 (C$944.7 Mil).

Algoma Central's annual retained earnings increased from Dec. 2023 (C$769.4 Mil) to Dec. 2024 (C$833.4 Mil) and increased from Dec. 2024 (C$833.4 Mil) to Dec. 2025 (C$950.8 Mil).


Algoma Central  (TSX:ALC) 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.


Algoma Central Retained Earnings Historical Data

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The historical data trend for Algoma Central'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.

Algoma Central Retained Earnings Chart

Algoma Central Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 660.20 719.55 769.38 833.43 950.78

Algoma Central Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only 803.06 830.33 863.38 950.78 944.68
TSX:ALC
72GF Score
Algoma Central Corp TSX:ALC
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Algoma Central 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 C$944.7 Mil mean?
Algoma Central (TSX:ALC) has a Retained Earnings of C$944.7 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Algoma Central and its competitors.
Is Algoma Central's Retained Earnings too high?
Algoma Central's current Retained Earnings is C$944.7 Mil. Overall, Algoma Central has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Algoma Central's Retained Earnings compare to KEX?
Algoma Central's Retained Earnings of C$944.7 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Retained Earnings depends on the Transportation 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 Algoma Central and its competitors. Algoma Central's current Retained Earnings is C$944.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Algoma Central stock overvalued right now?
Based on GuruFocus' analysis, Algoma Central (TSX:ALC) is currently considered Significantly Overvalued. The stock's GF Value™ is C$16.36, compared to a current price of C$23.75 — trading 45.2% above its estimated fair value. The current Retained Earnings is C$944.7 Mil. Algoma Central's overall GF Score™ is 72/100 with 11 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 Algoma Central (TSX:ALC), the current Retained Earnings is C$944.7 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 Algoma Central (TSX:ALC) Overvalued in 2026?

Based on GuruFocus' analysis, Algoma Central stock appears to be overvalued. The current stock price of C$23.75 is trading 45.2% above its estimated GF Value™ of C$16.36. GuruFocus considers Algoma Central to be Significantly Overvalued.

Key valuation signals for TSX:ALC:

  • Retained Earnings: C$944.7 Mil
  • GF Value™: C$16.36 vs. price of C$23.75 (45.2% above fair value)
  • GF Score™: 72/100 with 11 warning signs

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


Algoma Central Business Description

Other Exchanges AGMJF:USAACH:Germany
Address 63 Church Street, Suite 600, St. Catharines, ON, CAN, L2R 3C4
Algoma Central Corp owns and operates a fleet of dry and liquid bulk carriers on the Great Lakes, St. Lawrence Waterway. The company's Canadian flag fleet consists of self-unloading dry-bulk carriers, gearless dry-bulk carriers, and product tankers. The company operates its business through segments that are Domestic Dry-Bulk which generates key revenue, Product Tankers, Ocean Self-Unloaders, and Corporate. The company also earns revenues from marine operations through contracts of affreightment, time charters, and pool revenue.
72GF Score

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

C$23.75
Price
C$16.36
GF Value