Waterco Past Earnings Performance

Past criteria checks 4/6

Waterco has been growing earnings at an average annual rate of 22.1%, while the Leisure industry saw earnings growing at 12.2% annually. Revenues have been growing at an average rate of 17.3% per year. Waterco's return on equity is 10.7%, and it has net margins of 5.7%.

Key information

22.1%

Earnings growth rate

22.6%

EPS growth rate

Leisure Industry Growth	17.1%
Revenue growth rate	17.3%
Return on equity	10.7%
Net Margin	5.7%
Last Earnings Update	30 Jun 2024

Recent past performance updates

Recent updates

Waterco Limited's (ASX:WAT) Prospects Need A Boost To Lift Shares

Oct 29

Shareholders Would Not Be Objecting To Waterco Limited's (ASX:WAT) CEO Compensation And Here's Why

Oct 19

Waterco (ASX:WAT) Has Announced That It Will Be Increasing Its Dividend To AU$0.04

Sep 15

Robust Earnings May Not Tell The Whole Story For Waterco (ASX:WAT)

Sep 02

Waterco (ASX:WAT) Is Increasing Its Dividend To AU$0.04

Aug 29

Estimating The Intrinsic Value Of Waterco Limited (ASX:WAT)

Jul 05

Do Waterco's (ASX:WAT) Earnings Warrant Your Attention?

Apr 06

Calculating The Intrinsic Value Of Waterco Limited (ASX:WAT)

Mar 18

What Do The Returns On Capital At Waterco (ASX:WAT) Tell Us?

Feb 22

Shareholders Of Waterco (ASX:WAT) Must Be Happy With Their 260% Total Return

Feb 02

Are Waterco Limited's (ASX:WAT) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?

Jan 11

Is Waterco Limited (ASX:WAT) The Right Choice For A Smart Dividend Investor?

Dec 22

What We Learned About Waterco's (ASX:WAT) CEO Compensation

Dec 03

Is Waterco (ASX:WAT) Likely To Turn Things Around?

Nov 18

Revenue & Expenses Breakdown

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

Earnings and Revenue History

ASX:WAT Revenue, expenses and earnings (AUD Millions)
Date	Revenue	Earnings	G+A Expenses	R&D Expenses
30 Jun 24	245	14	68	2
31 Mar 24	214	13	59	2
31 Dec 23	182	13	49	2
30 Sep 23	158	12	43	2
30 Jun 23	134	11	36	2
31 Mar 23	134	12	35	2
31 Dec 22	135	13	35	2
30 Sep 22	131	12	34	2
30 Jun 22	128	12	33	2
31 Mar 22	123	9	34	2
31 Dec 21	118	6	34	2
30 Sep 21	118	10	33	2
30 Jun 21	118	13	33	2
31 Dec 20	108	10	31	2
30 Sep 20	103	7	30	1
30 Jun 20	98	3	30	1
31 Dec 19	94	4	29	1
30 Sep 19	91	4	29	1
30 Jun 19	88	3	29	1
31 Mar 19	90	3	29	2
31 Dec 18	90	3	28	2
30 Sep 18	89	3	27	2
30 Jun 18	88	4	27	2
31 Mar 18	88	4	26	1
31 Dec 17	89	4	26	1
30 Sep 17	87	4	26	1
30 Jun 17	85	4	25	1
31 Mar 17	84	3	25	1
31 Dec 16	82	3	24	2
30 Sep 16	83	3	24	1
30 Jun 16	84	3	24	1
31 Mar 16	87	2	24	1
31 Dec 15	91	2	24	0
30 Sep 15	90	2	23	0
30 Jun 15	88	1	23	0
31 Mar 15	84	1	23	0
31 Dec 14	80	0	22	0
30 Sep 14	79	1	22	0
30 Jun 14	78	1	23	0
31 Mar 14	75	1	22	0
31 Dec 13	72	2	22	0

Quality Earnings: WAT has high quality earnings.

Growing Profit Margin: WAT's current net profit margins (5.7%) are lower than last year (8.1%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: WAT's earnings have grown significantly by 22.1% per year over the past 5 years.

Accelerating Growth: WAT's earnings growth over the past year (28.2%) exceeds its 5-year average (22.1% per year).

Earnings vs Industry: WAT earnings growth over the past year (28.2%) exceeded the Leisure industry -4.2%.

Return on Equity

High ROE: WAT's Return on Equity (10.7%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 01:35
End of Day Share Price	2024/12/18 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Waterco Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution

Waterco Past Earnings Performance

Past criteria checks 4/6

Key information

Recent past performance updates

Full year 2024 earnings released

First half 2024 earnings released: EPS: AU$0.20 (vs AU$0.14 in 1H 2023)

Full year 2023 earnings released: EPS: AU$0.31 (vs AU$0.33 in FY 2022)

First half 2023 earnings released: EPS: AU$0.14 (vs AU$0.12 in 1H 2022)

Full year 2022 earnings released: EPS: AU$0.33 (vs AU$0.36 in FY 2021)

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Recent updates

Waterco Limited's (ASX:WAT) Prospects Need A Boost To Lift Shares

Upcoming dividend of AU$0.08 per share

Final dividend of AU$0.08 announced

Full year 2024 earnings released

Waterco Limited, Annual General Meeting, Oct 25, 2024

Upcoming dividend of AU$0.07 per share

First half 2024 earnings released: EPS: AU$0.20 (vs AU$0.14 in 1H 2023)

Upcoming dividend of AU$0.05 per share at 2.4% yield

Waterco Limited Announces Resignation of Cheng Fah Ling as A Non-Executive Director

Shareholders Would Not Be Objecting To Waterco Limited's (ASX:WAT) CEO Compensation And Here's Why

Waterco (ASX:WAT) Is Paying Out A Dividend Of A$0.05

Waterco (ASX:WAT) Has Announced A Dividend Of A$0.05

Waterco (ASX:WAT) Will Pay A Dividend Of A$0.05

Full year 2023 earnings released: EPS: AU$0.31 (vs AU$0.33 in FY 2022)

Waterco Limited, Annual General Meeting, Oct 25, 2023

New minor risk - Financial data availability

Waterco Limited (ASX:WAT) signed a share sale agreement to acquire Davey Water Products Pty Ltd. from GUD Holdings Limited (ASX:GUD) for an enterprise value of AUD 64.9 million.

Waterco Limited Appoints Wayne Beauman as Non-Executive Director

Insufficient new directors

Upcoming dividend of AU$0.05 per share at 2.5% yield

Waterco's (ASX:WAT) Upcoming Dividend Will Be Larger Than Last Year's

Waterco's (ASX:WAT) Shareholders Will Receive A Bigger Dividend Than Last Year

First half 2023 earnings released: EPS: AU$0.14 (vs AU$0.12 in 1H 2022)

Waterco Limited Declares Fully-Franked Interim Dividend for the Six Months Ended December 31, 2022, Payable on 15 June 2023

Upcoming dividend of AU$0.05 per share

Waterco (ASX:WAT) Is Paying Out A Larger Dividend Than Last Year

Waterco (ASX:WAT) Is Increasing Its Dividend To A$0.05

Waterco Limited Announces Ordinary Full Paid Dividend for the Year Ended June 30, 2022, Payable on December 15, 2022