Retained earnings is the accumulated portion of net income that is not distributed to shareholders. DSM-Firmenich AG's retained earnings for the quarter that ended in Dec. 2025 was CHF7,844 Mil.
DSM-Firmenich AG's quarterly retained earnings
increased
from Dec. 2024 (CHF9,926 Mil) to Jun. 2025 (CHF10,072 Mil) but then
declined
from Jun. 2025 (CHF10,072 Mil) to Dec. 2025 (CHF7,844 Mil).
DSM-Firmenich AG's annual retained earnings
declined
from Dec. 2023 (CHF10,132 Mil) to Dec. 2024 (CHF9,926 Mil) and
declined
from Dec. 2024 (CHF9,926 Mil) to Dec. 2025 (CHF7,844 Mil).
DSM-Firmenich AG (XSWX:DSFIR) 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.
DSM-Firmenich AG Retained Earnings Historical Data
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The historical data trend for DSM-Firmenich AG'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.
What does a Retained Earnings of CHF7,844 Mil mean?
DSM-Firmenich AG (XSWX:DSFIR) has a Retained Earnings of CHF7,844 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on DSM-Firmenich AG and its competitors.
Is DSM-Firmenich AG's Retained Earnings too high?
DSM-Firmenich AG's current Retained Earnings is CHF7,844 Mil. Overall, DSM-Firmenich AG has a GF Score™ of 32/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DSM-Firmenich AG's Retained Earnings compare to LIN and SHW?
DSM-Firmenich AG's Retained Earnings of CHF7,844 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Retained Earnings depends on the Chemicals 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 DSM-Firmenich AG and its competitors. DSM-Firmenich AG's current Retained Earnings is CHF7,844 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DSM-Firmenich AG stock overvalued right now?
Based on GuruFocus' analysis, DSM-Firmenich AG (XSWX:DSFIR) is currently considered Fairly Valued. The stock's GF Value™ is CHF70.90, compared to a current price of CHF74.82 — trading 5.5% above its estimated fair value. The current Retained Earnings is CHF7,844 Mil. DSM-Firmenich AG's overall GF Score™ is 32/100 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 DSM-Firmenich AG (XSWX:DSFIR), the current Retained Earnings is CHF7,844 Mil as of Dec. 2025. 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 DSM-Firmenich AG (XSWX:DSFIR) Overvalued in 2026?
Based on GuruFocus' analysis, DSM-Firmenich AG stock appears to be overvalued.
The current stock price of CHF74.82 is trading 5.5% above its estimated GF Value™ of CHF70.90.
GuruFocus considers DSM-Firmenich AG to be Fairly Valued.
Key valuation signals for XSWX:DSFIR:
Retained Earnings: CHF7,844 Mil
GF Value™: CHF70.90 vs. price of CHF74.82 (5.5% above fair value)
No single metric tells the full story. See the XSWX:DSFIR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DSM-Firmenich is a global science-based company formed in 2023 through the merger of DSM, a Dutch nutrition, health, and sustainable living player, and Switzerland-based Firmenich, the third-largest player in the flavor and fragrance market. The company serves a wide range of end-consumer markets providing nutrition solutions ranging from medical and early-life nutrition, fragrances for personal-, home-, and laundry-care brands, prestige perfumes, and other ingredients for food and beverage, home, and personal care. DSM-Firmenich has nearly 30,000 employees, with more than 2,000 scientists and engineers spread across 15 research and development facilities.
32GF Score
Get the complete analysis for XSWX:DSFIR
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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