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.
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.
Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Petrol dd Ljubljana's retained earnings for the quarter that ended in Mar. 2026 was €461 Mil.
Petrol dd Ljubljana's quarterly retained earnings
declined
from Sep. 2025 (€500 Mil) to Dec. 2025 (€452 Mil) but then
increased
from Dec. 2025 (€452 Mil) to Mar. 2026 (€461 Mil).
Petrol dd Ljubljana's annual retained earnings
increased
from Dec. 2023 (€403 Mil) to Dec. 2024 (€430 Mil) and
increased
from Dec. 2024 (€430 Mil) to Dec. 2025 (€452 Mil).
Petrol dd Ljubljana (WBO:PETG) 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.
Petrol dd Ljubljana Retained Earnings Historical Data
* Premium members only.
The historical data trend for Petrol dd Ljubljana'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.
Petrol dd Ljubljana (WBO:PETG) has a Retained Earnings of €461 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Petrol dd Ljubljana and its competitors.
Is Petrol dd Ljubljana's Retained Earnings too high?
Petrol dd Ljubljana's current Retained Earnings is €461 Mil. Overall, Petrol dd Ljubljana has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Petrol dd Ljubljana's Retained Earnings compare to MMM and HON?
Petrol dd Ljubljana's Retained Earnings of €461 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Retained Earnings depends on the Conglomerates 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 Petrol dd Ljubljana and its competitors. Petrol dd Ljubljana's current Retained Earnings is €461 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petrol dd Ljubljana stock overvalued right now?
Based on GuruFocus' analysis, Petrol dd Ljubljana (WBO:PETG) is currently considered Significantly Overvalued. The stock's GF Value™ is €28.57, compared to a current price of €65.40 — trading 128.9% above its estimated fair value. The current Retained Earnings is €461 Mil. Petrol dd Ljubljana's overall GF Score™ is 48/100 with 5 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 Petrol dd Ljubljana (WBO:PETG), the current Retained Earnings is €461 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 Petrol dd Ljubljana (WBO:PETG) Overvalued in 2026?
Based on GuruFocus' analysis, Petrol dd Ljubljana stock appears to be overvalued.
The current stock price of €65.40 is trading 128.9% above its estimated GF Value™ of €28.57.
GuruFocus considers Petrol dd Ljubljana to be Significantly Overvalued.
Key valuation signals for WBO:PETG:
Retained Earnings: €461 Mil
GF Value™: €28.57 vs. price of €65.40 (128.9% above fair value)
No single metric tells the full story. See the WBO:PETG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Petrol dd Ljubljana is a Slovenia-based energy company, which provides oil and other energy products. The company's segment includes Fuels and petroleum products; Merchandise and services; Energy and solutions and others. It generates maximum revenue from the Fuels and petroleum products segment. The Fuels and petroleum products segment includes sales of petroleum products, sales of liquefied petroleum gas and other alternative energy products, transport, storage, and handling of fuels, revenue from payment cards, biomass sales, and sale of tyres, inner tubes, and batteries. Geographically, the company derives key revenue from Slovenia and the rest from Croatia, Austria, Serbia, Montenegro, Romania, and other countries.
48GF Score
Get the complete analysis for WBO:PETG
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
WBO:PETG has been successfully added to your 
