Rural Funds Group Past Earnings Performance
Past criteria checks 1/6
Rural Funds Group has been growing earnings at an average annual rate of 29.7%, while the Specialized REITs industry saw earnings growing at 19.9% annually. Revenues have been growing at an average rate of 12.2% per year. Rural Funds Group's return on equity is 8%, and it has net margins of 95.6%.
Key information
29.7%
Earnings growth rate
26.3%
EPS growth rate
| Specialized REITs Industry Growth | 34.0% |
| Revenue growth rate | 12.2% |
| Return on equity | 8.0% |
| Net Margin | 95.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Rural Funds 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 | 107 | 102 | 0 | 0 |
| 30 Sep 23 | 103 | 107 | 0 | 0 |
| 30 Jun 23 | 98 | 112 | 0 | 0 |
| 31 Mar 23 | 95 | 170 | 0 | 0 |
| 31 Dec 22 | 91 | 228 | 0 | 0 |
| 30 Sep 22 | 88 | 218 | 0 | 0 |
| 30 Jun 22 | 85 | 207 | 0 | 0 |
| 31 Mar 22 | 81 | 151 | 0 | 0 |
| 31 Dec 21 | 76 | 96 | 0 | 0 |
| 30 Sep 21 | 74 | 107 | 0 | 0 |
| 30 Jun 21 | 71 | 118 | 0 | 0 |
| 31 Dec 20 | 74 | 74 | 0 | 0 |
| 30 Sep 20 | 73 | 59 | 0 | 0 |
| 30 Jun 20 | 71 | 43 | 0 | 0 |
| 31 Dec 19 | 65 | 40 | 0 | 0 |
| 30 Sep 19 | 62 | 36 | 0 | 0 |
| 30 Jun 19 | 58 | 31 | 0 | 0 |
| 31 Mar 19 | 57 | 31 | 0 | 0 |
| 31 Dec 18 | 55 | 30 | 0 | 0 |
| 30 Sep 18 | 54 | 30 | 0 | 0 |
| 30 Jun 18 | 52 | 29 | 0 | 0 |
| 31 Mar 18 | 49 | 36 | 0 | 0 |
| 31 Dec 17 | 46 | 43 | 0 | 0 |
| 30 Sep 17 | 44 | 43 | 0 | 0 |
| 30 Jun 17 | 43 | 43 | 0 | 0 |
| 31 Mar 17 | 39 | 28 | -1 | 0 |
| 31 Dec 16 | 36 | 13 | -1 | 0 |
| 30 Sep 16 | 31 | 6 | -1 | 0 |
| 30 Jun 16 | 27 | 0 | 0 | 0 |
| 31 Mar 16 | 25 | 5 | 1 | 0 |
| 31 Dec 15 | 24 | 10 | 2 | 0 |
| 30 Sep 15 | 23 | 10 | 2 | 0 |
| 30 Jun 15 | 22 | 10 | 2 | 0 |
| 31 Mar 15 | 23 | 19 | 3 | 0 |
| 31 Dec 14 | 23 | 28 | 3 | 0 |
| 30 Sep 14 | 20 | 24 | 3 | 0 |
| 30 Jun 14 | 17 | 20 | 3 | 0 |
| 31 Mar 14 | 14 | 9 | 2 | 0 |
| 31 Dec 13 | 10 | -3 | 1 | 0 |
| 30 Sep 13 | 9 | 3 | 1 | 0 |
| 30 Jun 13 | 8 | 9 | 1 | 0 |
Quality Earnings: RFF has a large one-off gain of A$73.8M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: RFF's current net profit margins (95.6%) are lower than last year .
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RFF's earnings have grown significantly by 29.7% per year over the past 5 years.
Accelerating Growth: RFF's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: RFF had negative earnings growth (-55.4%) over the past year, making it difficult to compare to the Specialized REITs industry average (-74%).
Return on Equity
High ROE: RFF's Return on Equity (8%) is considered low.