Australian Foundation Investment Past Earnings Performance
Past criteria checks 1/6
Australian Foundation Investment's earnings have been declining at an average annual rate of -0.9%, while the Capital Markets industry saw earnings growing at 5.9% annually. Revenues have been declining at an average rate of 0.2% per year. Australian Foundation Investment's return on equity is 3.7%, and it has net margins of 87.5%.
Key information
-0.9%
Earnings growth rate
-1.9%
EPS growth rate
| Capital Markets Industry Growth | 6.6% |
| Revenue growth rate | -0.2% |
| Return on equity | 3.7% |
| Net Margin | 87.5% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Australian Foundation Investment (ASX:AFI) Will Pay A Dividend Of A$0.115
Jan 27
Australian Foundation Investment Company Limited's (ASX:AFI) Business Is Yet to Catch Up With Its Share Price
Dec 26Australian Foundation Investment (ASX:AFI) Is Due To Pay A Dividend Of A$0.14
Jul 28Should You Be Adding Australian Foundation Investment (ASX:AFI) To Your Watchlist Today?
May 30Does Australian Foundation Investment (ASX:AFI) Deserve A Spot On Your Watchlist?
Feb 02Australian Foundation Investment (ASX:AFI) Is Due To Pay A Dividend Of A$0.14
Jul 27Australian Foundation Investment (ASX:AFI) Has Affirmed Its Dividend Of AU$0.10
Jan 27Australian Foundation Investment (ASX:AFI) Has Re-Affirmed Its Dividend Of AU$0.14
Aug 02Should Australian Foundation Investment Company Limited (ASX:AFI) Be Part Of Your Income Portfolio?
Apr 05How Should Investors Feel About Australian Foundation Investment's (ASX:AFI) CEO Remuneration?
Mar 01It Might Not Be A Great Idea To Buy Australian Foundation Investment Company Limited (ASX:AFI) For Its Next Dividend
Feb 03Did You Participate In Any Of Australian Foundation Investment's (ASX:AFI) Respectable 60% Return?
Jan 22
How Does Australian Foundation Investment Company Limited (ASX:AFI) Fare As A Dividend Stock?
Dec 27Our View On Australian Foundation Investment's (ASX:AFI) CEO Pay
Nov 19Revenue & Expenses BreakdownBeta
How Australian Foundation Investment 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 | 339 | 296 | 18 | 0 |
| 30 Sep 23 | 344 | 303 | 18 | 0 |
| 30 Jun 23 | 350 | 310 | 18 | 0 |
| 31 Mar 23 | 382 | 344 | 18 | 0 |
| 31 Dec 22 | 414 | 378 | 18 | 0 |
| 30 Sep 22 | 404 | 369 | 19 | 0 |
| 30 Jun 22 | 394 | 361 | 19 | 0 |
| 31 Mar 22 | 362 | 329 | 19 | 0 |
| 31 Dec 21 | 330 | 297 | 19 | 0 |
| 30 Sep 21 | 298 | 266 | 17 | 0 |
| 30 Jun 21 | 265 | 235 | 16 | 0 |
| 31 Mar 21 | 236 | 206 | 15 | 0 |
| 31 Dec 20 | 206 | 178 | 14 | 0 |
| 30 Sep 20 | 240 | 209 | 15 | 0 |
| 30 Jun 20 | 274 | 240 | 15 | 0 |
| 31 Mar 20 | 310 | 276 | 15 | 0 |
| 31 Dec 19 | 346 | 312 | 14 | 0 |
| 30 Sep 19 | 391 | 359 | 14 | 0 |
| 30 Jun 19 | 437 | 406 | 14 | 0 |
| 31 Mar 19 | 423 | 394 | 14 | 0 |
| 31 Dec 18 | 409 | 382 | 15 | 0 |
| 30 Sep 18 | 359 | 330 | 15 | 0 |
| 30 Jun 18 | 309 | 279 | 15 | 0 |
| 31 Mar 18 | 302 | 271 | 14 | 0 |
| 31 Dec 17 | 296 | 263 | 14 | 0 |
| 30 Sep 17 | 287 | 254 | 14 | 0 |
| 30 Jun 17 | 278 | 245 | 14 | 0 |
| 31 Mar 17 | 275 | 242 | 14 | 0 |
| 31 Dec 16 | 273 | 238 | 14 | 0 |
| 30 Sep 16 | 283 | 252 | 14 | 0 |
| 30 Jun 16 | 294 | 266 | 15 | 0 |
| 31 Mar 16 | 315 | 286 | 15 | 0 |
| 31 Dec 15 | 336 | 307 | 15 | 0 |
| 30 Sep 15 | 331 | 300 | 15 | 0 |
| 30 Jun 15 | 326 | 294 | 15 | 0 |
| 31 Mar 15 | 303 | 271 | 15 | 0 |
| 31 Dec 14 | 281 | 249 | 14 | 0 |
| 30 Sep 14 | 283 | 252 | 14 | 0 |
| 30 Jun 14 | 285 | 254 | 14 | 0 |
| 31 Mar 14 | 281 | 251 | 14 | 0 |
| 31 Dec 13 | 277 | 248 | 13 | 0 |
| 30 Sep 13 | 269 | 245 | 13 | 0 |
| 30 Jun 13 | 261 | 243 | 13 | 0 |
Quality Earnings: AFI has high quality earnings.
Growing Profit Margin: AFI's current net profit margins (87.5%) are lower than last year (91.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AFI's earnings have declined by 0.9% per year over the past 5 years.
Accelerating Growth: AFI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AFI had negative earnings growth (-21.6%) over the past year, making it difficult to compare to the Capital Markets industry average (-1.5%).
Return on Equity
High ROE: AFI's Return on Equity (3.7%) is considered low.