LGI Past Earnings Performance
Past criteria checks 3/6
LGI has been growing earnings at an average annual rate of 35.4%, while the Renewable Energy industry saw earnings growing at 35.4% annually. Revenues have been growing at an average rate of 0.4% per year. LGI's return on equity is 13.6%, and it has net margins of 22.2%.
Key information
35.4%
Earnings growth rate
30.5%
EPS growth rate
| Renewable Energy Industry Growth | -6.3% |
| Revenue growth rate | 0.4% |
| Return on equity | 13.6% |
| Net Margin | 22.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses Breakdown
How LGI 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 | 32 | 7 | 8 | 0 |
| 30 Sep 23 | 32 | 7 | 8 | 0 |
| 30 Jun 23 | 32 | 6 | 7 | 0 |
| 31 Mar 23 | 32 | 6 | 7 | 0 |
| 31 Dec 22 | 32 | 6 | 7 | 0 |
| 30 Sep 22 | 29 | 5 | 6 | 0 |
| 30 Jun 22 | 25 | 5 | 6 | 0 |
| 31 Mar 22 | 18 | 3 | 5 | 0 |
| 31 Dec 21 | 10 | 2 | 5 | 0 |
| 30 Sep 21 | 8 | 2 | 4 | 0 |
| 30 Jun 21 | 7 | 2 | 4 | 0 |
| 30 Jun 20 | 4 | 1 | 3 | 0 |
| 30 Jun 19 | 5 | 2 | 3 | 0 |
| 30 Jun 18 | 5 | 1 | 3 | 0 |
Quality Earnings: LGI has a high level of non-cash earnings.
Growing Profit Margin: LGI's current net profit margins (22.2%) are higher than last year (18.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: LGI's earnings have grown significantly by 35.4% per year over the past 5 years.
Accelerating Growth: LGI's earnings growth over the past year (21.1%) is below its 5-year average (35.4% per year).
Earnings vs Industry: LGI earnings growth over the past year (21.1%) exceeded the Renewable Energy industry 4.1%.
Return on Equity
High ROE: LGI's Return on Equity (13.6%) is considered low.