Mears Group Past Earnings Performance
Past criteria checks 5/6
Mears Group has been growing earnings at an average annual rate of 23.9%, while the Commercial Services industry saw earnings growing at 29.3% annually. Revenues have been growing at an average rate of 6% per year. Mears Group's return on equity is 18.3%, and it has net margins of 3.2%.
Key information
23.9%
Earnings growth rate
23.2%
EPS growth rate
| Commercial Services Industry Growth | 27.5% |
| Revenue growth rate | 6.0% |
| Return on equity | 18.3% |
| Net Margin | 3.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Shareholders Will Be Pleased With The Quality of Mears Group's (LON:MER) Earnings
May 03
Mears Group plc Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Apr 14Mears Group (LON:MER) Is Increasing Its Dividend To £0.037
Sep 22Mears Group (LON:MER) Has Announced That It Will Be Increasing Its Dividend To £0.037
Sep 08Mears Group's (LON:MER) Dividend Will Be Increased To £0.037
Aug 25Mears Group's (LON:MER) Dividend Will Be Increased To £0.037
Aug 06Mears Group plc Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
May 02Mears Group (LON:MER) Has Announced That It Will Be Increasing Its Dividend To £0.0325
Aug 21Mears Group (LON:MER) Is Increasing Its Dividend To £0.0325
Aug 07Is Now An Opportune Moment To Examine Mears Group plc (LON:MER)?
Aug 17Here's Why Shareholders Should Examine Mears Group plc's (LON:MER) CEO Compensation Package More Closely
Jun 24Is Mears Group plc (LON:MER) Worth UK£1.8 Based On Its Intrinsic Value?
Mar 05What Type Of Returns Would Mears Group's(LON:MER) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?
Jan 29Here's Why We Think Mears Group's (LON:MER) Statutory Earnings Might Be Conservative
Dec 25
Is Mears Group (LON:MER) Using Too Much Debt?
Dec 04Revenue & Expenses BreakdownBeta
How Mears Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 1,089 | 35 | 164 | 0 |
| 30 Sep 23 | 1,045 | 32 | 159 | 0 |
| 30 Jun 23 | 1,000 | 29 | 154 | 0 |
| 31 Mar 23 | 980 | 29 | 153 | 0 |
| 31 Dec 22 | 960 | 28 | 152 | 0 |
| 30 Sep 22 | 940 | 25 | 149 | 0 |
| 30 Jun 22 | 920 | 23 | 146 | 0 |
| 31 Mar 22 | 899 | 18 | 146 | 0 |
| 31 Dec 21 | 878 | 13 | 147 | 0 |
| 30 Sep 21 | 866 | 9 | 150 | 0 |
| 30 Jun 21 | 853 | 5 | 152 | 0 |
| 31 Mar 21 | 829 | -4 | 151 | 0 |
| 31 Dec 20 | 806 | -12 | 150 | 0 |
| 30 Sep 20 | 822 | -9 | 154 | 0 |
| 30 Jun 20 | 839 | -5 | 158 | 0 |
| 31 Mar 20 | 860 | 6 | 162 | 0 |
| 31 Dec 19 | 881 | 17 | 165 | 0 |
| 30 Jun 19 | 776 | 22 | 149 | 0 |
| 31 Mar 19 | 774 | 22 | 147 | 0 |
| 31 Dec 18 | 772 | 23 | 145 | 0 |
| 30 Jun 18 | 865 | 22 | 170 | 0 |
| 31 Mar 18 | 882 | 21 | 177 | 0 |
| 31 Dec 17 | 900 | 21 | 184 | 0 |
| 30 Jun 17 | 945 | 21 | 197 | 0 |
| 31 Mar 17 | 942 | 21 | 200 | 0 |
| 31 Dec 16 | 940 | 22 | 202 | 0 |
| 30 Jun 16 | 917 | 19 | 201 | 0 |
| 31 Mar 16 | 899 | 20 | 197 | 0 |
| 31 Dec 15 | 881 | 21 | 193 | 0 |
| 30 Jun 15 | 841 | 27 | 180 | 0 |
| 31 Mar 15 | 840 | 26 | 180 | 0 |
| 31 Dec 14 | 839 | 25 | 180 | 0 |
| 30 Sep 14 | 847 | 24 | 181 | 0 |
| 30 Jun 14 | 855 | 23 | 182 | 0 |
| 31 Mar 14 | 860 | 20 | 182 | 0 |
| 31 Dec 13 | 866 | 17 | 182 | 0 |
| 30 Jun 13 | 749 | 15 | 172 | 0 |
Quality Earnings: MER has high quality earnings.
Growing Profit Margin: MER's current net profit margins (3.2%) are higher than last year (2.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MER's earnings have grown significantly by 23.9% per year over the past 5 years.
Accelerating Growth: MER's earnings growth over the past year (26.6%) exceeds its 5-year average (23.9% per year).
Earnings vs Industry: MER earnings growth over the past year (26.6%) exceeded the Commercial Services industry 17.2%.
Return on Equity
High ROE: MER's Return on Equity (18.3%) is considered low.