Prime Insurance Past Earnings Performance
We're still processing the latest earnings report of this company
Past criteria checks 1/6
Prime Insurance has been growing earnings at an average annual rate of 21.5%, while the Insurance industry saw earnings growing at 10.1% annually. Revenues have been growing at an average rate of 24.7% per year. Prime Insurance's return on equity is 9.4%, and it has net margins of 10.7%.
Key information
21.5%
Earnings growth rate
21.5%
EPS growth rate
| Insurance Industry Growth | 11.0% |
| Revenue growth rate | 24.7% |
| Return on equity | 9.4% |
| Net Margin | 10.7% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Prime Insurance 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 |
|---|---|---|---|---|
| 30 Sep 23 | 785 | 84 | 356 | 0 |
| 30 Jun 23 | 580 | 73 | 321 | 0 |
| 31 Mar 23 | 704 | 95 | 293 | 0 |
| 31 Dec 22 | 731 | 97 | 299 | 0 |
| 30 Sep 22 | 856 | 110 | 341 | 0 |
| 30 Jun 22 | 814 | 137 | 328 | 0 |
| 31 Mar 22 | 638 | 90 | 293 | 0 |
| 31 Dec 21 | 499 | 82 | 250 | 0 |
| 30 Sep 21 | 399 | 91 | 170 | 0 |
| 30 Jun 21 | 385 | 97 | 145 | 0 |
| 31 Mar 21 | 383 | 78 | 132 | 0 |
| 31 Dec 20 | 350 | 54 | 127 | 0 |
| 30 Sep 20 | 312 | 44 | 124 | 0 |
| 30 Jun 20 | 241 | -21 | 127 | 0 |
| 31 Mar 20 | 246 | -3 | 124 | 0 |
| 31 Dec 19 | 270 | 17 | 131 | 0 |
| 30 Sep 19 | 307 | 58 | 135 | 0 |
| 30 Jun 19 | 295 | 69 | 135 | 0 |
| 31 Mar 19 | 291 | 49 | 148 | 0 |
| 31 Dec 18 | 305 | 46 | 135 | 0 |
| 30 Sep 18 | 328 | 52 | 134 | 0 |
| 30 Jun 18 | 323 | 52 | 132 | 0 |
| 31 Mar 18 | 424 | 72 | 134 | 0 |
| 31 Dec 17 | 413 | 89 | 133 | 0 |
| 30 Sep 17 | 387 | 81 | 128 | 0 |
| 30 Jun 17 | 374 | 75 | 125 | 0 |
| 31 Mar 17 | 326 | 92 | 126 | 0 |
| 31 Dec 16 | 304 | 74 | 125 | 0 |
| 30 Sep 16 | 329 | 85 | 122 | 0 |
| 30 Jun 16 | 315 | 90 | 131 | 0 |
| 31 Mar 16 | 325 | 89 | 133 | 0 |
| 31 Dec 15 | 329 | 86 | 140 | 0 |
| 30 Sep 15 | 399 | 84 | 155 | 0 |
| 30 Jun 15 | 424 | 110 | 142 | 0 |
| 31 Mar 15 | 402 | 101 | 142 | 0 |
| 31 Dec 14 | 400 | 98 | 143 | 0 |
| 30 Sep 14 | 313 | 80 | 122 | 0 |
| 30 Jun 14 | 347 | 75 | 132 | 0 |
| 31 Mar 14 | 345 | 81 | 129 | 0 |
| 31 Dec 13 | 340 | 87 | 119 | 0 |
| 30 Sep 13 | 352 | 83 | 122 | 0 |
| 30 Jun 13 | 345 | 79 | 113 | 0 |
Quality Earnings: PRIMEINSUR has a high level of non-cash earnings.
Growing Profit Margin: PRIMEINSUR's current net profit margins (10.7%) are lower than last year (12.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PRIMEINSUR's earnings have grown significantly by 21.5% per year over the past 5 years.
Accelerating Growth: PRIMEINSUR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PRIMEINSUR had negative earnings growth (-24%) over the past year, making it difficult to compare to the Insurance industry average (-7.3%).
Return on Equity
High ROE: PRIMEINSUR's Return on Equity (9.4%) is considered low.