Austal Past Earnings Performance

Past criteria checks 1/6

Austal's earnings have been declining at an average annual rate of -33.5%, while the Aerospace & Defense industry saw earnings growing at 15.5% annually. Revenues have been declining at an average rate of 7.3% per year. Austal's return on equity is 1.5%, and it has net margins of 1%.

Key information

-33.5%

Earnings growth rate

-34.0%

EPS growth rate

Aerospace & Defense Industry Growth	25.7%
Revenue growth rate	-7.3%
Return on equity	1.5%
Net Margin	1.0%
Last Earnings Update	30 Jun 2024

Recent past performance updates

Recent updates

There's Been No Shortage Of Growth Recently For Austal's (ASX:ASB) Returns On Capital

Jul 01

Austal (ASX:ASB) Has Affirmed Its Dividend Of AU$0.04

Feb 28

These 4 Measures Indicate That Austal (ASX:ASB) Is Using Debt Reasonably Well

Sep 27

Austal's (ASX:ASB) Shareholders Will Receive A Smaller Dividend Than Last Year

Aug 26

Here's Why I Think Austal (ASX:ASB) Might Deserve Your Attention Today

Aug 24

We Like These Underlying Return On Capital Trends At Austal (ASX:ASB)

May 30

Is There An Opportunity With Austal Limited's (ASX:ASB) 49% Undervaluation?

Apr 30

How Does Austal Limited (ASX:ASB) Fare As A Dividend Stock?

Apr 18

Does Austal (ASX:ASB) Deserve A Spot On Your Watchlist?

Mar 25

Austal Limited (ASX:ASB) Looks Like A Good Stock, And It's Going Ex-Dividend Soon

Mar 12

Austal (ASX:ASB) Has A Rock Solid Balance Sheet

Mar 11

What You Need To Know About Austal Limited's (ASX:ASB) Investor Composition

Feb 27

Did You Participate In Any Of Austal's (ASX:ASB) Fantastic 145% Return ?

Feb 11

Is Austal Limited (ASX:ASB) Trading At A 35% Discount?

Jan 29

How Does Austal Limited (ASX:ASB) Stand Up To These Simple Dividend Safety Checks?

Jan 17

Does Austal (ASX:ASB) Have The Makings Of A Multi-Bagger?

Jan 04

Here's Why We Think Austal (ASX:ASB) Is Well Worth Watching

Dec 22

Is There More To The Story Than Austal's (ASX:ASB) Earnings Growth?

Dec 10

Revenue & Expenses Breakdown

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

Earnings and Revenue History

ASX:ASB Revenue, expenses and earnings (AUD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	1,469	15	196
31 Mar 24	1,498	10	168
31 Dec 23	1,528	6	141
30 Sep 23	1,556	-4	134
30 Jun 23	1,585	-14	128
31 Mar 23	1,533	7	128
31 Dec 22	1,482	27	127
30 Sep 22	1,455	53	122
30 Jun 22	1,429	80	117
31 Mar 22	1,442	77	118
31 Dec 21	1,454	74	118
30 Sep 21	1,513	77	117
30 Jun 21	1,572	81	116
31 Mar 21	1,730	91	114
31 Dec 20	1,888	101	111
30 Sep 20	1,987	95	115
30 Jun 20	2,086	89	119
31 Mar 20	2,062	84	122
31 Dec 19	2,039	78	125
30 Sep 19	1,945	70	118
30 Jun 19	1,851	61	110
31 Mar 19	1,721	50	99
31 Dec 18	1,591	38	87
30 Sep 18	1,491	38	83
30 Jun 18	1,390	38	80
31 Mar 18	1,351	33	77
31 Dec 17	1,311	29	74
30 Sep 17	1,311	22	73
30 Jun 17	1,310	15	72
31 Mar 17	1,276	-38	72
31 Dec 16	1,242	-92	73
30 Sep 16	1,291	-88	74
30 Jun 16	1,340	-84	76
31 Mar 16	1,411	-22	74
31 Dec 15	1,482	41	73
30 Sep 15	1,448	47	68
30 Jun 15	1,415	53	64
31 Mar 15	1,356	52	58
31 Dec 14	1,297	51	52
30 Sep 14	1,210	41	56
30 Jun 14	1,123	32	60
31 Mar 14	1,069	36	74
31 Dec 13	1,016	40	87

Quality Earnings: ASB has a large one-off gain of A$53.8M impacting its last 12 months of financial results to 30th June, 2024.

Growing Profit Margin: ASB became profitable in the past.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: ASB's earnings have declined by 33.5% per year over the past 5 years.

Accelerating Growth: ASB has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ASB has become profitable in the last year, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (17.9%).

Austal Past Earnings Performance

Past criteria checks 1/6

Key information

Recent past performance updates

Full year 2024 earnings: EPS and revenues miss analyst expectations

Austal Limited to Report Fiscal Year 2024 Results on Aug 30, 2024

First half 2024 earnings released: EPS: AU$0.033 (vs AU$0.02 loss in 1H 2023)

Austal Limited to Report First Half, 2024 Results on Feb 23, 2024

Full year 2023 earnings: EPS in line with analyst expectations despite revenue beat

Austal Limited to Report Fiscal Year 2023 Results on Aug 31, 2023

Recent updates

Austal Limited, Annual General Meeting, Nov 01, 2024

Hanwha Corporation (KOSE:A000880) cancelled the acquisition of Austal Limited (ASX:ASB).

Investor sentiment improves as stock rises 29%

Consensus revenue estimates decrease by 10%, EPS upgraded

Price target increased by 14% to AU$3.12

Full year 2024 earnings: EPS and revenues miss analyst expectations

Austal Limited to Report Fiscal Year 2024 Results on Aug 30, 2024

Hanwha Corporation (KOSE:A000880) made a proposal to acquire Austal Limited (ASX:ASB) for AUD 1 billion

Hanwha's Bid for Austal Rejected by Target's Board

Price target increased by 9.0% to AU$2.68

Austal Limited Announces Resignation of Michael McCormack as Non-Executive Director, Effective 31 March 2024

First half 2024 earnings released: EPS: AU$0.033 (vs AU$0.02 loss in 1H 2023)

Austal Limited to Report First Half, 2024 Results on Feb 23, 2024

Now 22% overvalued after recent price rise

What You Can Learn From Austal Limited's (ASX:ASB) P/S

Austal Limited, Annual General Meeting, Oct 26, 2023

Upcoming dividend of AU$0.03 per share at 3.1% yield

Austal (ASX:ASB) Has Announced That Its Dividend Will Be Reduced To A$0.03

Price target decreased by 7.3% to AU$2.28

Full year 2023 earnings: EPS in line with analyst expectations despite revenue beat

Austal Limited to Report Fiscal Year 2023 Results on Aug 31, 2023

A Look At The Fair Value Of Austal Limited (ASX:ASB)

Consensus EPS estimates fall from profit to AU$0.038 loss

Austal Limited Revises Earnings Guidance for the Fiscal Year 2023

Austal (ASX:ASB) Might Be Having Difficulty Using Its Capital Effectively

Investor sentiment improves as stock rises 16%

Price target increased by 16% to AU$2.35

Investor sentiment improves as stock rises 19%

Investor sentiment improves as stock rises 20%

Upcoming dividend of AU$0.04 per share at 4.3% yield

Austal (ASX:ASB) Has Affirmed Its Dividend Of A$0.04

Consensus EPS estimates increase by 35%

Is Austal Limited (ASX:ASB) Worth AU$1.8 Based On Its Intrinsic Value?

Price target decreased by 11% to AU$2.26

Consensus forecasts updated

Austal Limited Announces Director Changes

Austal Limited Announces Board Changes

Austal Limited, Annual General Meeting, Nov 23, 2022

Austal Limited Announces ASIC Settlement Endorsement by Federal Court

Austal Limited Announces Future USNS Apalachicola Completes Acceptance Trials

Austal Limited Reaches Settlement with Australian Securities and Investments Commission

Upcoming dividend of AU$0.04 per share

Austal (ASX:ASB) Is Paying Out A Dividend Of A$0.04

Price target increased to AU$2.85

Austal Limited Announces Dividend for the Six Months Ended June 30, 2022, Payable on 13 October, 2022

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Austal Limited to Report Fiscal Year 2022 Results on Aug 26, 2022

Austal Limited Upgrades EBIT Guidance for the Fiscal Year 2022

Price target increased to AU$2.38

There's Been No Shortage Of Growth Recently For Austal's (ASX:ASB) Returns On Capital

Investor sentiment improved over the past week

Price target decreased to AU$2.24

Upcoming dividend of AU$0.04 per share

Austal (ASX:ASB) Has Affirmed Its Dividend Of AU$0.04

Price target decreased to AU$2.42

First half 2022 earnings: EPS and revenues exceed analyst expectations

Austal Limited Provides Earnings Guidance for the Financial Year 2022

Jianglong Shipbuilding Co., Ltd. (SZSE:300589) acquired remaining 40% stake in Aulong Shipbuilding Co., Ltd. from Austal Limited (ASX:ASB) for AUD 4.2 million.

These 4 Measures Indicate That Austal (ASX:ASB) Is Using Debt Reasonably Well

Upcoming dividend of AU$0.04 per share

Austal's (ASX:ASB) Shareholders Will Receive A Smaller Dividend Than Last Year

Full year 2021 earnings released: EPS AU$0.23 (vs AU$0.25 in FY 2020)

Investor sentiment deteriorated over the past week

Here's Why I Think Austal (ASX:ASB) Might Deserve Your Attention Today

Price target decreased to AU$2.83

Austal Limited Revised Earnings Guidance for Fiscal 2021

Austal Limited Announces Commencement of Civil Penalty Proceedings by ASIC

We Like These Underlying Return On Capital Trends At Austal (ASX:ASB)

Is There An Opportunity With Austal Limited's (ASX:ASB) 49% Undervaluation?