McGrath Past Earnings Performance

Past criteria checks 5/6

McGrath has been growing earnings at an average annual rate of 58.6%, while the Real Estate industry saw earnings growing at 10.6% annually. Revenues have been growing at an average rate of 1.1% per year. McGrath's return on equity is 22.1%, and it has net margins of 14.8%.

Key information

58.6%

Earnings growth rate

59.7%

EPS growth rate

Real Estate Industry Growth	11.8%
Revenue growth rate	1.1%
Return on equity	22.1%
Net Margin	14.8%
Last Earnings Update	31 Dec 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

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

Earnings and Revenue History

CHIA:MEA Revenue, expenses and earnings (AUD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	80	12	35
30 Sep 23	81	9	35
30 Jun 23	83	6	36
31 Mar 23	89	6	36
31 Dec 22	96	7	37
30 Sep 22	104	9	38
30 Jun 22	112	12	39
31 Mar 22	119	15	40
31 Dec 21	125	18	42
30 Sep 21	124	18	42
30 Jun 21	122	19	43
31 Mar 21	111	14	42
31 Dec 20	100	10	41
30 Sep 20	96	5	41
30 Jun 20	92	1	41
31 Mar 20	90	-3	44
31 Dec 19	89	-7	47
30 Sep 19	86	-11	48
30 Jun 19	83	-16	50
31 Mar 19	86	-31	50
31 Dec 18	90	-47	51
30 Sep 18	95	-55	53
30 Jun 18	99	-63	55
31 Mar 18	106	-43	55
31 Dec 17	114	-23	55
30 Sep 17	122	-9	54
30 Jun 17	129	5	53
31 Mar 17	132	8	51
31 Dec 16	134	11	50
30 Sep 16	127	10	50
30 Jun 16	121	8	50
31 Mar 16	110	7	47
31 Dec 15	99	5	43
30 Sep 15	93	6	38
30 Jun 15	86	7	32
30 Jun 14	72	9	26
30 Jun 13	56	4	22

Quality Earnings: MEA has a high level of non-cash earnings.

Growing Profit Margin: MEA's current net profit margins (14.8%) are higher than last year (6.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: MEA has become profitable over the past 5 years, growing earnings by 58.6% per year.

Accelerating Growth: MEA's earnings growth over the past year (79.1%) exceeds its 5-year average (58.6% per year).

Earnings vs Industry: MEA earnings growth over the past year (79.1%) exceeded the Real Estate industry 4%.

McGrath Past Earnings Performance

Past criteria checks 5/6

Key information

Recent past performance updates

First half 2024 earnings released: EPS: AU$0.048 (vs AU$0.012 in 1H 2023)

McGrath Limited to Report Q2, 2024 Results on Feb 19, 2024

Full year 2023 earnings released: EPS: AU$0.039 (vs AU$0.072 in FY 2022)

McGrath Limited to Report Fiscal Year 2023 Results on Aug 21, 2023

First half 2023 earnings released: EPS: AU$0.012 (vs AU$0.042 in 1H 2022)

McGrath Limited to Report First Half, 2023 Results on Feb 20, 2023

Recent updates

McGrath Limited to Delist from Exchange

First half dividend of AU$0.03 announced

First half 2024 earnings released: EPS: AU$0.048 (vs AU$0.012 in 1H 2023)

McGrath Limited to Report Q2, 2024 Results on Feb 19, 2024

McGrath Limited, Annual General Meeting, Nov 16, 2023

Full year 2023 earnings released: EPS: AU$0.039 (vs AU$0.072 in FY 2022)

McGrath Limited Announces Special Dividend for the Year Ended June 30, 2023, Payable on 14 September 2023

McGrath Limited to Report Fiscal Year 2023 Results on Aug 21, 2023

First half 2023 earnings released: EPS: AU$0.012 (vs AU$0.042 in 1H 2022)

McGrath Limited Announces Dividend for the Six Months Ended December 31, 2022, Payable on March 14, 2023

McGrath Limited Announces Changes to its Board

McGrath Limited to Report First Half, 2023 Results on Feb 20, 2023

McGrath Limited (ASX:MEA) acquired 30% stake in Central Coast franchisee from Jaimie Woodcock and Mat Steinwede.

McGrath Limited, Annual General Meeting, Nov 22, 2022

Full year 2022 earnings released: EPS: AU$0.072 (vs AU$0.11 in FY 2021)

McGrath Limited Announces Final Dividend for the Period of Six Months Ended June 30, 2022, Payable on September 20, 2022

McGrath Limited to Report Fiscal Year 2022 Results on Aug 22, 2022

McGrath Limited Provides Earnings Guidance for the Year 2022

Less than half of directors are independent

McGrath Limited Appoints John McGrath as Chief Executive Officer

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

Less than half of directors are independent

McGrath Limited (ASX:MEA) announces an Equity Buyback for 16,684,993 shares, representing 10% for AUD 2.5 million.

McGrath Limited Announces Special Dividend, Payable on 23 March 2022

McGrath Limited Announces Resignation of Eddie Law as Chief Executive Officer

Mcgrath Limited Announces Appointment of Juliana Nguyen as A Non-Executive Director

Insider recently sold AU$1.5m worth of stock

Full year 2021 earnings released: EPS AU$0.11 (vs AU$0.004 in FY 2020)

First half 2021 earnings released: EPS AU$0.049 (vs AU$0.006 loss in 1H 2020)

New 90-day high: AU$0.54

New 90-day high: AU$0.51

New 90-day high: AU$0.48

New 90-day high: AU$0.36

McGrath Limited Announces Change of CEO

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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Revenue & Expenses Breakdown
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