TerraVest Industries Past Earnings Performance

Past criteria checks 6/6

TerraVest Industries has been growing earnings at an average annual rate of 18.3%, while the Energy Services industry saw earnings growing at 51% annually. Revenues have been growing at an average rate of 22.8% per year. TerraVest Industries's return on equity is 24.6%, and it has net margins of 8%.

Key information

18.3%

Earnings growth rate

18.2%

EPS growth rate

Energy Services Industry Growth	32.2%
Revenue growth rate	22.8%
Return on equity	24.6%
Net Margin	8.0%
Last Earnings Update	31 Mar 2024

Recent past performance updates

Recent updates

TerraVest Industries (TSE:TVK) Has A Pretty Healthy Balance Sheet

Mar 28

TerraVest Industries Inc.'s (TSE:TVK) Shares Climb 25% But Its Business Is Yet to Catch Up

Feb 15

TerraVest Industries (TSE:TVK) Has More To Do To Multiply In Value Going Forward

Apr 06

What Type Of Shareholders Make Up TerraVest Industries Inc.'s (TSE:TVK) Share Registry?

Mar 16

Is It Worth Buying TerraVest Industries Inc. (TSE:TVK) For Its 2.3% Dividend Yield?

Mar 02

What We Learned About TerraVest Industries' (TSE:TVK) CEO Compensation

Feb 16

Revenue & Expenses Breakdown

How TerraVest Industries makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TSX:TVK Revenue, expenses and earnings (CAD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 24	767	61	100
31 Dec 23	729	48	91
30 Sep 23	678	42	84
30 Jun 23	667	45	86
31 Mar 23	662	47	84
31 Dec 22	623	46	79
30 Sep 22	577	45	73
30 Jun 22	495	38	60
31 Mar 22	418	33	50
31 Dec 21	356	35	41
30 Sep 21	307	37	34
30 Jun 21	295	38	32
31 Mar 21	288	38	31
31 Dec 20	298	32	34
30 Sep 20	304	27	36
30 Jun 20	316	22	38
31 Mar 20	326	23	38
31 Dec 19	316	23	35
30 Sep 19	306	22	34
30 Jun 19	305	24	34
31 Mar 19	300	22	34
31 Dec 18	286	18	35
30 Sep 18	270	17	33
30 Jun 18	243	13	32
31 Mar 18	223	12	31
31 Dec 17	207	11	30
30 Sep 17	193	9	29
30 Jun 17	183	7	28
31 Mar 17	174	6	26
31 Dec 16	171	6	25
30 Sep 16	179	7	25
30 Jun 16	189	11	22
31 Mar 16	200	14	22
31 Dec 15	198	15	21
30 Sep 15	195	15	21
30 Jun 15	192	12	22
31 Mar 15	175	12	20
31 Dec 14	164	11	19
30 Sep 14	132	8	15
30 Jun 14	97	7	11
31 Mar 14	79	5	9
31 Dec 13	68	6	6
30 Sep 13	64	0	7

Quality Earnings: TVK has high quality earnings.

Growing Profit Margin: TVK's current net profit margins (8%) are higher than last year (7.1%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: TVK's earnings have grown by 18.3% per year over the past 5 years.

Accelerating Growth: TVK's earnings growth over the past year (30%) exceeds its 5-year average (18.3% per year).

Earnings vs Industry: TVK earnings growth over the past year (30%) exceeded the Energy Services industry 24.1%.

TerraVest Industries Past Earnings Performance

Past criteria checks 6/6

Key information

Recent past performance updates

Second quarter 2024 earnings released: EPS: CA$1.23 (vs CA$0.50 in 2Q 2023)

Full year 2023 earnings released: EPS: CA$2.35 (vs CA$2.53 in FY 2022)

Full year 2023 earnings released: EPS: CA$2.35 (vs CA$2.53 in FY 2022)

Third quarter 2023 earnings released: EPS: CA$0.45 (vs CA$0.54 in 3Q 2022)

Second quarter 2023 earnings released: EPS: CA$0.50 (vs CA$0.47 in 2Q 2022)

First quarter 2023 earnings released: EPS: CA$0.67 (vs CA$0.60 in 1Q 2022)

Recent updates

Independent Director recently sold CA$6.3m worth of stock

Insider recently bought CA$31m worth of stock

Insider recently sold CA$770k worth of stock

TerraVest Industries Inc. has completed a Follow-on Equity Offering in the amount of CAD 84.1995 million.

Second quarter dividend of CA$0.15 announced

New minor risk - Shareholder dilution

TerraVest Industries Inc. has filed a Follow-on Equity Offering in the amount of CAD 64.5975 million.

Second quarter 2024 earnings released: EPS: CA$1.23 (vs CA$0.50 in 2Q 2023)

New minor risk - Insider selling

TerraVest Industries Inc. (TSX:TVK) entered into an agreement to acquire Advance Engineered Products Ltd.

TerraVest Industries (TSE:TVK) Has A Pretty Healthy Balance Sheet

Upcoming dividend of CA$0.15 per share

TerraVest Industries Inc.'s (TSE:TVK) Shares Climb 25% But Its Business Is Yet to Catch Up

First quarter dividend of CA$0.15 announced

Full year 2023 earnings released: EPS: CA$2.35 (vs CA$2.53 in FY 2022)

Investor sentiment improves as stock rises 17%

TerraVest Industries Inc. Declares Quarterly Dividend, Payable on April 10, 2024

Upcoming dividend of CA$0.15 per share at 1.5% yield

Full year 2023 earnings released: EPS: CA$2.35 (vs CA$2.53 in FY 2022)

Is Now The Time To Put TerraVest Industries (TSE:TVK) On Your Watchlist?

TerraVest Industries Inc. Announces Quarterly Dividend, Payable on January 10, 2024

TerraVest Industries Inc., Annual General Meeting, Feb 07, 2024

Investor sentiment improves as stock rises 16%

TerraVest Industries Inc. (TSX:TVK) entered into an agreement to acquire Assets of Highland Tank for $78 million.

Upcoming dividend of CA$0.13 per share at 1.3% yield

Third quarter 2023 earnings released: EPS: CA$0.45 (vs CA$0.54 in 3Q 2022)

TerraVest Industries Inc. Declares Quarterly Dividend, Payable on October 10, 2023

Investor sentiment improves as stock rises 18%

Insider recently sold CA$1.1m worth of stock

Upcoming dividend of CA$0.13 per share at 1.8% yield

Chief Investment Officer recently sold CA$389k worth of stock

TerraVest Industries Inc. (TSX:TVK) completed the acquisition of the assets of Secure Energy (Drilling Services) Inc.

Second quarter 2023 earnings released: EPS: CA$0.50 (vs CA$0.47 in 2Q 2022)

CEO, President & Director exercised options to buy CA$2.2m worth of stock.

Chief Investment Officer recently sold CA$84k worth of stock

Upcoming dividend of CA$0.13 per share at 1.9% yield

First quarter 2023 earnings released: EPS: CA$0.67 (vs CA$0.60 in 1Q 2022)

TerraVest Industries Inc. (TSX:TVK) acquired T.S.X. Transport Inc. for CAD 3.5 million.

Upcoming dividend of CA$0.13 per share

TerraVest Industries Inc., Annual General Meeting, Feb 08, 2023

Terravest Industries Inc. Declares Quarterly Dividend, Payable on January 10, 2023

Full year 2022 earnings released: EPS: CA$2.53 (vs CA$2.02 in FY 2021)

Insufficient new directors

Upcoming dividend of CA$0.10 per share

TerraVest Industries (TSE:TVK) Will Pay A Dividend Of CA$0.10

Third quarter 2022 earnings released: EPS: CA$0.54 (vs CA$0.25 in 3Q 2021)

Terravest Industries Inc. Declares Its Quarterly Dividend Payable on October 11, 2022

Executive Chairman recently bought CA$230k worth of stock

TerraVest Industries Inc. (TSX:TVK) acquired Platinum Energy Services Corp.

Upcoming dividend of CA$0.10 per share

TerraVest Industries (TSE:TVK) Takes On Some Risk With Its Use Of Debt

TerraVest Industries' (TSE:TVK) Dividend Will Be CA$0.10

Second quarter 2022 earnings released: EPS: CA$0.47 (vs CA$0.58 in 2Q 2021)

TerraVest Industries Inc. Declares Quarterly Dividend, Payable on July 11, 2022

Insufficient new directors

TerraVest Industries (TSE:TVK) Is Due To Pay A Dividend Of CA$0.10

Upcoming dividend of CA$0.10 per share

First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Terravest Industries Inc. Declares Its Quarterly Dividend, Payable on April 11, 2022

Upcoming dividend of CA$0.10 per share

TerraVest Industries (TSE:TVK) Will Pay A Dividend Of CA$0.10

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Upcoming dividend of CA$0.10 per share

Investor sentiment improved over the past week

TerraVest Industries (TSE:TVK) Has Affirmed Its Dividend Of CA$0.10

TerraVest Industries Inc. (TSX:TVK) acquired ECR International, Inc.

TerraVest Industries (TSE:TVK) Has Announced A Dividend Of CA$0.10

Third quarter 2021 earnings released: EPS CA$0.25 (vs CA$0.21 in 3Q 2020)

Upcoming dividend of CA$0.10 per share