Abu Dhabi National Energy Company PJSC Past Earnings Performance
Past criteria checks 4/6
Abu Dhabi National Energy Company PJSC has been growing earnings at an average annual rate of 48%, while the Integrated Utilities industry saw earnings growing at 21.8% annually. Revenues have been growing at an average rate of 15.3% per year. Abu Dhabi National Energy Company PJSC's return on equity is 18.9%, and it has net margins of 32.2%.
Key information
48.0%
Earnings growth rate
44.4%
EPS growth rate
| Integrated Utilities Industry Growth | 8.1% |
| Revenue growth rate | 15.3% |
| Return on equity | 18.9% |
| Net Margin | 32.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Some Shareholders Feeling Restless Over Abu Dhabi National Energy Company PJSC's (ADX:TAQA) P/E Ratio
Apr 16
Returns Are Gaining Momentum At Abu Dhabi National Energy Company PJSC (ADX:TAQA)
Jan 25Abu Dhabi National Energy Company PJSC's (ADX:TAQA) Share Price Not Quite Adding Up
Dec 21Returns At Abu Dhabi National Energy Company PJSC (ADX:TAQA) Are On The Way Up
Sep 27Returns On Capital Are Showing Encouraging Signs At Abu Dhabi National Energy Company PJSC (ADX:TAQA)
Jun 08A Look At The Intrinsic Value Of Abu Dhabi National Energy Company PJSC (ADX:TAQA)
Apr 10Abu Dhabi National Energy Company PJSC (ADX:TAQA) Shareholders Will Want The ROCE Trajectory To Continue
Feb 15Abu Dhabi National Energy Company PJSC's (ADX:TAQA) Intrinsic Value Is Potentially 48% Above Its Share Price
Jan 04Abu Dhabi National Energy Company PJSC (ADX:TAQA) Is Experiencing Growth In Returns On Capital
Oct 11Abu Dhabi National Energy Company PJSC's (ADX:TAQA) Dividend Will Be AED0.006
Aug 13Returns On Capital Are Showing Encouraging Signs At Abu Dhabi National Energy Company PJSC (ADX:TAQA)
Jul 11Abu Dhabi National Energy Company PJSC's (ADX:TAQA) Intrinsic Value Is Potentially 66% Above Its Share Price
May 13Abu Dhabi National Energy Company PJSC (ADX:TAQA) Is Increasing Its Dividend To د.إ0.031
Mar 13Abu Dhabi National Energy Company PJSC (ADX:TAQA) Is Increasing Its Dividend To د.إ0.011
Feb 27Abu Dhabi National Energy Company PJSC (ADX:TAQA) Has Announced That It Will Be Increasing Its Dividend To د.إ0.011
Feb 13The Return Trends At Abu Dhabi National Energy Company PJSC (ADX:TAQA) Look Promising
Feb 07Returns On Capital At Abu Dhabi National Energy Company PJSC (ADX:TAQA) Have Stalled
Aug 24Abu Dhabi National Energy Company PJSC (ADX:TAQA) Strong Profits May Be Masking Some Underlying Issues
Feb 22Revenue & Expenses BreakdownBeta
How Abu Dhabi National Energy Company PJSC 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 | 51,717 | 16,629 | 2,334 | 0 |
| 30 Sep 23 | 50,086 | 16,324 | 2,348 | 0 |
| 30 Jun 23 | 51,345 | 17,000 | 2,299 | 0 |
| 31 Mar 23 | 50,693 | 17,389 | 2,277 | 0 |
| 31 Dec 22 | 50,051 | 7,286 | 2,134 | 0 |
| 30 Sep 22 | 50,677 | 8,063 | 2,254 | 0 |
| 30 Jun 22 | 48,659 | 7,188 | 2,219 | 0 |
| 31 Mar 22 | 47,381 | 6,250 | 2,169 | 0 |
| 31 Dec 21 | 45,294 | 5,714 | 2,254 | 0 |
| 30 Sep 21 | 44,355 | 5,767 | 2,015 | 0 |
| 30 Jun 21 | 43,228 | 5,106 | 2,021 | 0 |
| 31 Mar 21 | 32,902 | 4,539 | 1,735 | 0 |
| 31 Dec 20 | 23,985 | 3,808 | 1,315 | 0 |
| 30 Sep 20 | 14,974 | 2,721 | 894 | 0 |
| 31 Dec 19 | 6,057 | 3,182 | 455 | 0 |
Quality Earnings: TAQA has a large one-off gain of AED10.8B impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: TAQA's current net profit margins (32.2%) are higher than last year (14.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TAQA's earnings have grown significantly by 48% per year over the past 5 years.
Accelerating Growth: TAQA's earnings growth over the past year (128.2%) exceeds its 5-year average (48% per year).
Earnings vs Industry: TAQA earnings growth over the past year (128.2%) exceeded the Integrated Utilities industry 37.4%.
Return on Equity
High ROE: TAQA's Return on Equity (18.9%) is considered low.