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 Growth | 27.8% |
| Revenue growth rate | 4.2% |
| Return on equity | 22.0% |
| Net Margin | 25.8% |
| Last Earnings Update | 30 Sep 2024 |
Revenue & Expenses Breakdown
How ADNOC Gas 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 |
|---|---|---|---|---|
| 30 Sep 24 | 19,267 | 4,966 | 1,225 | 0 |
| 30 Jun 24 | 19,166 | 4,838 | 1,222 | 0 |
| 31 Mar 24 | 18,371 | 4,632 | 1,149 | 0 |
| 31 Dec 23 | 17,905 | 4,720 | 1,056 | 0 |
| 31 Dec 21 | 17,049 | 3,600 | 1,275 | 0 |
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 -7.4%.
Return on Equity
High ROE: ADNOCGAS's Return on Equity (22%) is considered high.