ADNOC Gas Past Earnings Performance

Past criteria checks 4/6

ADNOC Gas has been growing earnings at an average annual rate of 10.8%, while the Oil and Gas industry saw earnings growing at 19.8% annually. Revenues have been growing at an average rate of 4.2% per year. ADNOC Gas's return on equity is 22%, and it has net margins of 25.8%.

Key information

10.8%

Earnings growth rate

10.9%

EPS growth rate

Oil and Gas Industry Growth27.8%
Revenue growth rate4.2%
Return on equity22.0%
Net Margin25.8%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

ADNOC Gas plc (ADX:ADNOCGAS) Investors Are Less Pessimistic Than Expected

Dec 19
ADNOC Gas plc (ADX:ADNOCGAS) Investors Are Less Pessimistic Than Expected

Analysts Are Betting On ADNOC Gas plc (ADX:ADNOCGAS) With A Big Upgrade This Week

Aug 16
Analysts Are Betting On ADNOC Gas plc (ADX:ADNOCGAS) With A Big Upgrade This Week

ADNOC Gas (ADX:ADNOCGAS) Has More To Do To Multiply In Value Going Forward

Jul 24
ADNOC Gas (ADX:ADNOCGAS) Has More To Do To Multiply In Value Going Forward

Returns On Capital At ADNOC Gas (ADX:ADNOCGAS) Have Stalled

Apr 08
Returns On Capital At ADNOC Gas (ADX:ADNOCGAS) Have Stalled

Revenue & Expenses Breakdown

How ADNOC Gas makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

ADX:ADNOCGAS Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2419,2674,9661,2250
30 Jun 2419,1664,8381,2220
31 Mar 2418,3714,6321,1490
31 Dec 2317,9054,7201,0560
31 Dec 2117,0493,6001,2750

Quality Earnings: ADNOCGAS has high quality earnings.

Growing Profit Margin: ADNOCGAS's current net profit margins (25.8%) are higher than last year (25.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if ADNOCGAS's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare ADNOCGAS's past year earnings growth to its 5-year average.

Earnings vs Industry: ADNOCGAS earnings growth over the past year (8.5%) exceeded the Oil and Gas industry -7%.


Return on Equity

High ROE: ADNOCGAS's Return on Equity (22%) is considered high.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 18:35
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

ADNOC Gas plc is covered by 15 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sidharth SabooArqaam Capital Research Offshore S.A.L.
Soha SaniourArqaam Capital Research Offshore S.A.L.
Sadnan AliBNP Paribas Exane