Globant Past Earnings Performance
Past criteria checks 3/6
Globant has been growing earnings at an average annual rate of 27.2%, while the IT industry saw earnings growing at 14.5% annually. Revenues have been growing at an average rate of 27.1% per year. Globant's return on equity is 8.7%, and it has net margins of 7.2%.
Key information
27.2%
Earnings growth rate
24.4%
EPS growth rate
| IT Industry Growth | 15.3% |
| Revenue growth rate | 27.1% |
| Return on equity | 8.7% |
| Net Margin | 7.2% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Globant 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 | 2,354 | 169 | 588 | 0 |
| 30 Jun 24 | 2,285 | 169 | 573 | 0 |
| 31 Mar 24 | 2,195 | 167 | 548 | 0 |
| 31 Dec 23 | 2,096 | 159 | 520 | 0 |
| 30 Sep 23 | 2,006 | 156 | 487 | 0 |
| 30 Jun 23 | 1,920 | 149 | 466 | 0 |
| 31 Mar 23 | 1,851 | 149 | 451 | 0 |
| 31 Dec 22 | 1,780 | 149 | 435 | 0 |
| 30 Sep 22 | 1,669 | 139 | 404 | 0 |
| 30 Jun 22 | 1,552 | 128 | 375 | 0 |
| 31 Mar 22 | 1,428 | 111 | 345 | 0 |
| 31 Dec 21 | 1,297 | 96 | 322 | 0 |
| 30 Sep 21 | 1,150 | 86 | 279 | 0 |
| 30 Jun 21 | 1,015 | 73 | 245 | 0 |
| 31 Mar 21 | 893 | 63 | 210 | 0 |
| 31 Dec 20 | 814 | 54 | 194 | 0 |
| 30 Sep 20 | 766 | 49 | 183 | 0 |
| 30 Jun 20 | 730 | 52 | 171 | 0 |
| 31 Mar 20 | 705 | 55 | 159 | 0 |
| 31 Dec 19 | 659 | 54 | 147 | 0 |
| 30 Sep 19 | 615 | 52 | 149 | 0 |
| 30 Jun 19 | 578 | 53 | 144 | 0 |
| 31 Mar 19 | 549 | 54 | 126 | 0 |
| 31 Dec 18 | 522 | 52 | 129 | 0 |
| 30 Sep 18 | 498 | 52 | 120 | 0 |
| 30 Jun 18 | 473 | 44 | 114 | 0 |
| 31 Mar 18 | 444 | 32 | 111 | 0 |
| 31 Dec 17 | 413 | 31 | 104 | 0 |
| 30 Sep 17 | 385 | 28 | 93 | 0 |
| 30 Jun 17 | 358 | 30 | 89 | 0 |
| 31 Mar 17 | 338 | 37 | 80 | 0 |
| 31 Dec 16 | 323 | 36 | 77 | 0 |
| 30 Sep 16 | 307 | 35 | 68 | 0 |
| 30 Jun 16 | 292 | 33 | 61 | 0 |
| 31 Mar 16 | 273 | 32 | 64 | 0 |
| 31 Dec 15 | 254 | 32 | 67 | 0 |
| 30 Sep 15 | 237 | 31 | 60 | 0 |
| 30 Jun 15 | 222 | 31 | 56 | 0 |
| 31 Mar 15 | 211 | 29 | 51 | 0 |
| 31 Dec 14 | 200 | 25 | 49 | 0 |
| 30 Sep 14 | 191 | 13 | 49 | 0 |
| 30 Jun 14 | 179 | 15 | 48 | 0 |
| 31 Mar 14 | 167 | 15 | 47 | 0 |
| 31 Dec 13 | 158 | 14 | 46 | 0 |
Quality Earnings: GLOB has high quality earnings.
Growing Profit Margin: GLOB's current net profit margins (7.2%) are lower than last year (7.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GLOB's earnings have grown significantly by 27.2% per year over the past 5 years.
Accelerating Growth: GLOB's earnings growth over the past year (8.9%) is below its 5-year average (27.2% per year).
Earnings vs Industry: GLOB earnings growth over the past year (8.9%) exceeded the IT industry 7.1%.
Return on Equity
High ROE: GLOB's Return on Equity (8.7%) is considered low.