Magellan Financial Group Past Earnings Performance
Past criteria checks 2/6
Magellan Financial Group's earnings have been declining at an average annual rate of -12.5%, while the Capital Markets industry saw earnings growing at 5.9% annually. Revenues have been declining at an average rate of 8.5% per year. Magellan Financial Group's return on equity is 21.6%, and it has net margins of 50.6%.
Key information
-12.5%
Earnings growth rate
-13.3%
EPS growth rate
| Capital Markets Industry Growth | 6.6% |
| Revenue growth rate | -8.5% |
| Return on equity | 21.6% |
| Net Margin | 50.6% |
| Next Earnings Update | 15 Aug 2024 |
Recent past performance updates
Recent updates
Magellan Financial Group Limited's (ASX:MFG) Earnings Are Not Doing Enough For Some Investors
Mar 18
Magellan Financial Group's (ASX:MFG) Shareholders Will Receive A Smaller Dividend Than Last Year
Feb 17Magellan Financial Group Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Feb 16There's No Escaping Magellan Financial Group Limited's (ASX:MFG) Muted Earnings Despite A 28% Share Price Rise
Dec 18It's Unlikely That Magellan Financial Group Limited's (ASX:MFG) CEO Will See A Huge Pay Rise This Year
Oct 14Should You Or Shouldn't You: A Dividend Analysis on Magellan Financial Group Limited (ASX:MFG)
Mar 10Trade Alert: The CEO, MD & Executive Director Of Magellan Financial Group Limited (ASX:MFG), Brett Cairns, Has Just Spent AU$623k Buying 1.1% More Shares
Feb 17Magellan Financial Group Limited (ASX:MFG) Just Released Its Half-Year Results And Analysts Are Updating Their Estimates
Feb 12Shareholders Of Magellan Financial Group (ASX:MFG) Must Be Happy With Their 184% Total Return
Feb 09How Much Are Magellan Financial Group Limited (ASX:MFG) Insiders Taking Off The Table?
Jan 19
What Kind Of Investors Own Most Of Magellan Financial Group Limited (ASX:MFG)?
Dec 29Should Magellan Financial Group Limited (ASX:MFG) Be Part Of Your Dividend Portfolio?
Dec 03Revenue & Expenses BreakdownBeta
How Magellan Financial Group 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 | 401 | 203 | 33 | 0 |
| 30 Sep 23 | 416 | 193 | 32 | 0 |
| 30 Jun 23 | 431 | 183 | 32 | 0 |
| 31 Mar 23 | 390 | 199 | 33 | 0 |
| 31 Dec 22 | 350 | 215 | 34 | 0 |
| 30 Sep 22 | 450 | 299 | 36 | 0 |
| 30 Jun 22 | 550 | 383 | 37 | 0 |
| 31 Mar 22 | 669 | 349 | 36 | 0 |
| 31 Dec 21 | 789 | 314 | 35 | 0 |
| 30 Sep 21 | 754 | 290 | 34 | 0 |
| 30 Jun 21 | 720 | 265 | 32 | 0 |
| 31 Mar 21 | 691 | 334 | 35 | 0 |
| 31 Dec 20 | 663 | 403 | 37 | 0 |
| 30 Sep 20 | 679 | 400 | 38 | 0 |
| 30 Jun 20 | 695 | 396 | 39 | 0 |
| 31 Mar 20 | 699 | 398 | 38 | 0 |
| 31 Dec 19 | 703 | 399 | 37 | 0 |
| 30 Sep 19 | 659 | 388 | 37 | 0 |
| 30 Jun 19 | 616 | 377 | 37 | 0 |
| 31 Mar 19 | 573 | 354 | 37 | 0 |
| 31 Dec 18 | 530 | 332 | 37 | 0 |
| 30 Sep 18 | 490 | 272 | 41 | 0 |
| 30 Jun 18 | 451 | 212 | 45 | 0 |
| 31 Mar 18 | 416 | 187 | 44 | 0 |
| 31 Dec 17 | 381 | 163 | 43 | 0 |
| 30 Sep 17 | 360 | 179 | 38 | 0 |
| 30 Jun 17 | 339 | 196 | 33 | 0 |
| 31 Mar 17 | 322 | 186 | 30 | 0 |
| 31 Dec 16 | 305 | 176 | 28 | 0 |
| 30 Sep 16 | 320 | 187 | 27 | 0 |
| 30 Jun 16 | 334 | 198 | 26 | 0 |
| 31 Mar 16 | 335 | 202 | 25 | 0 |
| 31 Dec 15 | 337 | 206 | 24 | 0 |
| 30 Sep 15 | 310 | 190 | 22 | 0 |
| 30 Jun 15 | 284 | 174 | 21 | 0 |
| 31 Mar 15 | 246 | 149 | 19 | 0 |
| 31 Dec 14 | 209 | 124 | 17 | 0 |
| 30 Sep 14 | 179 | 104 | 15 | 0 |
| 30 Jun 14 | 149 | 83 | 13 | 0 |
| 31 Mar 14 | 152 | 85 | 12 | 0 |
| 31 Dec 13 | 154 | 87 | 10 | 0 |
| 30 Sep 13 | 137 | 77 | 9 | 0 |
| 30 Jun 13 | 119 | 67 | 7 | 0 |
Quality Earnings: MFG has high quality earnings.
Growing Profit Margin: MFG's current net profit margins (50.6%) are lower than last year (61.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MFG's earnings have declined by 12.5% per year over the past 5 years.
Accelerating Growth: MFG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MFG had negative earnings growth (-5.7%) over the past year, making it difficult to compare to the Capital Markets industry average (-2.9%).
Return on Equity
High ROE: MFG's Return on Equity (21.6%) is considered high.