BWP Trust Past Earnings Performance

Past criteria checks 3/6

BWP Trust's earnings have been declining at an average annual rate of -10.7%, while the Retail REITs industry saw earnings growing at 19.1% annually. Revenues have been growing at an average rate of 1.4% per year. BWP Trust's return on equity is 6.7%, and it has net margins of 103.3%.

Key information

-10.7%

Earnings growth rate

-10.8%

EPS growth rate

Retail REITs Industry Growth	18.8%
Revenue growth rate	1.4%
Return on equity	6.7%
Net Margin	103.3%
Last Earnings Update	30 Jun 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

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

Earnings and Revenue History

CHIA:BWP Revenue, expenses and earnings (AUD Millions)
Date	Revenue	Earnings
30 Jun 24	174	180
31 Mar 24	168	79
31 Dec 23	162	-21
30 Sep 23	160	8
30 Jun 23	158	37
31 Mar 23	157	143
31 Dec 22	156	250
30 Sep 22	155	368
30 Jun 22	153	487
31 Mar 22	153	477
31 Dec 21	152	467
30 Sep 21	152	365
30 Jun 21	152	263
31 Mar 21	154	241
31 Dec 20	156	219
30 Sep 20	156	215
30 Jun 20	156	211
31 Mar 20	155	218
31 Dec 19	153	226
30 Sep 19	155	198
30 Jun 19	156	169
31 Mar 19	156	164
31 Dec 18	155	159
30 Sep 18	154	171
30 Jun 18	153	183
31 Mar 18	154	218
31 Dec 17	154	254
30 Sep 17	153	239
30 Jun 17	152	224
31 Mar 17	152	190
31 Dec 16	151	157
30 Sep 16	151	234
30 Jun 16	150	311
31 Mar 16	149	315
31 Dec 15	148	320
30 Sep 15	147	265
30 Jun 15	145	210
31 Mar 15	142	205
31 Dec 14	139	200
30 Sep 14	133	174
30 Jun 14	127	149
31 Mar 14	121	139
31 Dec 13	115	128
30 Sep 13	112	120

Quality Earnings: BWP has a large one-off gain of A$61.3M impacting its last 12 months of financial results to 30th June, 2024.

Growing Profit Margin: BWP's current net profit margins are higher than last year (23.2%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: BWP's earnings have declined by 10.7% per year over the past 5 years.

Accelerating Growth: BWP's earnings growth over the past year (391.2%) exceeds its 5-year average (-10.7% per year).

Earnings vs Industry: BWP earnings growth over the past year (391.2%) exceeded the Retail REITs industry 5.3%.

BWP Trust Past Earnings Performance

Past criteria checks 3/6

Key information

Recent past performance updates

Full year 2024 earnings released: EPS: AU$0.27 (vs AU$0.057 in FY 2023)

First half 2024 earnings released: EPS: AU$0.083 (vs AU$0.17 in 1H 2023)

BWP Trust to Report First Half, 2024 Results on Feb 07, 2024

Full year 2023 earnings released: EPS: AU$0.057 (vs AU$0.76 in FY 2022)

First half 2023 earnings released: EPS: AU$0.17 (vs AU$0.54 in 1H 2022)

BWP Trust to Report First Half, 2023 Results on Feb 08, 2023

Recent updates

Full year 2024 earnings released: EPS: AU$0.27 (vs AU$0.057 in FY 2023)

First half dividend of AU$0.093 announced

New minor risk - Shareholder dilution

Now 20% undervalued after recent price drop

First half 2024 earnings released: EPS: AU$0.083 (vs AU$0.17 in 1H 2023)

Upcoming dividend of AU$0.09 per share at 5.1% yield

BWP Trust Announces December 2023 Distribution Estimate, Payable on 28 February 2024

BWP Trust to Report First Half, 2024 Results on Feb 07, 2024

Full year 2023 earnings released: EPS: AU$0.057 (vs AU$0.76 in FY 2022)

BWP Trust Announces Management Changes

BWP Trust Announces Distribution Estimates for the Six Month Period to 30 June 2023, Payment Is Expected to Be Made on 25 August 2023

BWP Trust Declares Distribution for the Half-Year Ended 31 December 2022, Payable on 24 February 2023

First half 2023 earnings released: EPS: AU$0.17 (vs AU$0.54 in 1H 2022)

Upcoming dividend of AU$0.09 per share

BWP Trust Estimates Distribution for the Six Months Period to 31 December 2022, Payable on 24 February 2023

BWP Trust to Report First Half, 2023 Results on Feb 08, 2023

BWP Trust Announces Ordinary Dividend on BWP - Ordinary Units Fully Paid for the Six Months Ended 30 June 2022, Payable on 19 August 2022

Full year 2022 earnings released: EPS: AU$0.76 (vs AU$0.41 in FY 2021)

BWP Trust Estimates Distribution for the Six Months Period to June 30, 2022, Payable on August 19, 2022

Now 20% undervalued after recent price drop

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

BWP Trust Declares Distribution for the Six Months Ending 31 December 2021, Payable on February 25, 2022

Now 21% undervalued after recent price drop

Upcoming dividend of AU$0.09 per share

Full year 2021 earnings released: EPS AU$0.41 (vs AU$0.33 in FY 2020)

New 90-day low: AU$3.80

New 90-day low: AU$4.09

First half 2021 earnings released: EPS AU$0.22 (vs AU$0.21 in 1H 2020)

Revenue beats expectations

Upcoming Dividend of AU$0.09 Per Share

New 90-day high: AU$4.36

New 90-day high: AU$4.19

New 90-day high: AU$4.18

New 90-day high: AU$4.12

BWP Trust to Report First Half, 2021 Results on Feb 03, 2021

New 90-day high - AU$4.05

Full year earnings released

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

Discover strong past performing companies