Aerodrom Nikola Tesla ad (XBEL:AERO) Retained Earnings: RSD331 Mil (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

XBEL:AERO Aerodrom Nikola Tesla ad XBEL:AERO
81 GF Score
Price RSD2,089.00
GF Value RSD2,521.47
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Aerodrom Nikola Tesla ad Retained Earnings?

Aerodrom Nikola Tesla ad XBEL:AERO -0.05% 81 Retained Earnings is RSD331 Mil as of Jun. 2026. GuruFocus rates XBEL:AERO with a GF Score™ of 81/100 and a GF Value™ of RSD2,521.47 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Aerodrom Nikola Tesla ad's retained earnings for the quarter that ended in Jun. 2026 was RSD331 Mil.

Aerodrom Nikola Tesla ad's quarterly retained earnings increased from Dec. 2025 (RSD394 Mil) to Mar. 2026 (RSD529 Mil) but then declined from Mar. 2026 (RSD529 Mil) to Jun. 2026 (RSD331 Mil).

Aerodrom Nikola Tesla ad's annual retained earnings increased from Dec. 2023 (RSD250 Mil) to Dec. 2024 (RSD441 Mil) but then declined from Dec. 2024 (RSD441 Mil) to Dec. 2025 (RSD394 Mil).


Aerodrom Nikola Tesla ad  (XBEL:AERO) 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.


Aerodrom Nikola Tesla ad Retained Earnings Historical Data

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The historical data trend for Aerodrom Nikola Tesla ad'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.

Aerodrom Nikola Tesla ad Retained Earnings Chart

Aerodrom Nikola Tesla ad 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 -289.94 38.14 250.18 441.30 393.90

Aerodrom Nikola Tesla ad Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 245.39 368.04 393.90 528.73 331.39
XBEL:AERO
81GF Score
Aerodrom Nikola Tesla ad XBEL:AERO
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Aerodrom Nikola Tesla ad 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 RSD331 Mil mean?
Aerodrom Nikola Tesla ad (XBEL:AERO) has a Retained Earnings of RSD331 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Aerodrom Nikola Tesla ad and its competitors.
Is Aerodrom Nikola Tesla ad's Retained Earnings too high?
Aerodrom Nikola Tesla ad's current Retained Earnings is RSD331 Mil. Overall, Aerodrom Nikola Tesla ad has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aerodrom Nikola Tesla ad's Retained Earnings compare to JOBY and CAAP?
Aerodrom Nikola Tesla ad's Retained Earnings of RSD331 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 Aerodrom Nikola Tesla ad and its competitors. Aerodrom Nikola Tesla ad's current Retained Earnings is RSD331 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aerodrom Nikola Tesla ad stock overvalued right now?
Based on GuruFocus' analysis, Aerodrom Nikola Tesla ad (XBEL:AERO) is currently considered Modestly Undervalued. The stock's GF Value™ is RSD2,521.47, compared to a current price of RSD2,089.00 — trading 17.2% below its estimated fair value. The current Retained Earnings is RSD331 Mil. Aerodrom Nikola Tesla ad's overall GF Score™ is 81/100 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 Aerodrom Nikola Tesla ad (XBEL:AERO), the current Retained Earnings is RSD331 Mil as of Jun. 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 Aerodrom Nikola Tesla ad (XBEL:AERO) Overvalued in 2026?

Based on GuruFocus' analysis, Aerodrom Nikola Tesla ad stock appears to be undervalued. The current stock price of RSD2,089.00 is trading 17.2% below its estimated GF Value™ of RSD2,521.47. GuruFocus considers Aerodrom Nikola Tesla ad to be Modestly Undervalued.

Key valuation signals for XBEL:AERO:

  • Retained Earnings: RSD331 Mil
  • GF Value™: RSD2,521.47 vs. price of RSD2,089.00 (17.2% below fair value)
  • GF Score™: 81/100 with 5 warning signs

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


Aerodrom Nikola Tesla ad Business Description

Address Belgrade Airport 47, surcin, Belgrade, SRB, 11271
Aerodrom Nikola Tesla ad provides airport services such as aircraft landing, take-off, taxing and parking, and passenger and cargo handling. The group also provides ancillary services and airport complex services, satisfying the needs of service users, and domestic and foreign air carriers.
81GF Score

Get the complete analysis for XBEL:AERO

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

RSD2,089.00
Price
RSD2,521.47
GF Value