ADNOC Gas Past Earnings Performance
Past criteria checks 3/6
ADNOC Gas has been growing earnings at an average annual rate of 9.5%, while the Oil and Gas industry saw earnings growing at 22.3% annually. Revenues have been declining at an average rate of 1.6% per year. ADNOC Gas's return on equity is 19.5%, and it has net margins of 26.4%.
Key information
9.5%
Earnings growth rate
12.8%
EPS growth rate
| Oil and Gas Industry Growth | 27.8% |
| Revenue growth rate | -1.6% |
| Return on equity | 19.5% |
| Net Margin | 26.4% |
| Next Earnings Update | 06 May 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
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 |
|---|---|---|---|---|
| 31 Dec 23 | 16,528 | 4,357 | 975 | 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 (26.4%) are higher than last year (23.7%).
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 (9.5%) exceeded the Oil and Gas industry -9.8%.
Return on Equity
High ROE: ADNOCGAS's Return on Equity (19.5%) is considered low.