Warehouses Estates Belgium S.C.A Past Earnings Performance
Past criteria checks 1/6
Warehouses Estates Belgium S.C.A's earnings have been declining at an average annual rate of -1%, while the REITs industry saw earnings growing at 14% annually. Revenues have been growing at an average rate of 4.3% per year. Warehouses Estates Belgium S.C.A's return on equity is 5.2%, and it has net margins of 33.5%.
Key information
-1.0%
Earnings growth rate
-1.0%
EPS growth rate
| REITs Industry Growth | 12.2% |
| Revenue growth rate | 4.3% |
| Return on equity | 5.2% |
| Net Margin | 33.5% |
| Last Earnings Update | 31 Dec 2023 |
Revenue & Expenses BreakdownBeta
How Warehouses Estates Belgium S.C.A 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 | 26 | 9 | 2 | 0 |
| 30 Sep 23 | 25 | 10 | 2 | 0 |
| 30 Jun 23 | 25 | 11 | 2 | 0 |
| 31 Mar 23 | 24 | 12 | 2 | 0 |
| 31 Dec 22 | 24 | 12 | 2 | 0 |
| 30 Sep 22 | 23 | 14 | 1 | 0 |
| 30 Jun 22 | 22 | 17 | 1 | 0 |
| 31 Mar 22 | 22 | 15 | 1 | 0 |
| 31 Dec 21 | 21 | 14 | 1 | 0 |
| 30 Sep 21 | 21 | 15 | 1 | 0 |
| 30 Jun 21 | 22 | 16 | 2 | 0 |
| 31 Mar 21 | 22 | 13 | 2 | 0 |
| 31 Dec 20 | 20 | 9 | 3 | 0 |
| 30 Sep 20 | 21 | 8 | 3 | 0 |
| 30 Jun 20 | 22 | 6 | 3 | 0 |
| 31 Mar 20 | 22 | 8 | 2 | 0 |
| 31 Dec 19 | 22 | 10 | 2 | 0 |
| 31 Dec 18 | 20 | 20 | 1 | 0 |
| 31 Mar 18 | 21 | 26 | 1 | 0 |
| 31 Dec 17 | 20 | 22 | 1 | 0 |
| 30 Sep 17 | 20 | 17 | 1 | 0 |
| 30 Jun 17 | 20 | 20 | 1 | 0 |
| 31 Mar 17 | 19 | 22 | 1 | 0 |
| 31 Dec 16 | 19 | 21 | 2 | 0 |
| 30 Sep 16 | 19 | 20 | 2 | 0 |
| 30 Jun 16 | 19 | 17 | 2 | 0 |
| 31 Mar 16 | 18 | 14 | 2 | 0 |
| 31 Dec 15 | 18 | 14 | 2 | 0 |
| 30 Sep 15 | 19 | 14 | 1 | 0 |
| 30 Jun 15 | 19 | 13 | 1 | 0 |
| 31 Mar 15 | 19 | 13 | 2 | 0 |
| 31 Dec 14 | 19 | 12 | 1 | 0 |
| 30 Sep 14 | 18 | 11 | 1 | 0 |
| 30 Jun 14 | 18 | 14 | 1 | 0 |
| 31 Mar 14 | 18 | 16 | 1 | 0 |
| 31 Dec 13 | 18 | 17 | 1 | 0 |
| 30 Sep 13 | 18 | 17 | 1 | 0 |
| 30 Jun 13 | 17 | 16 | 1 | 0 |
Quality Earnings: WEB has high quality earnings.
Growing Profit Margin: WEB's current net profit margins (33.5%) are lower than last year (51.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: WEB's earnings have declined by 1% per year over the past 5 years.
Accelerating Growth: WEB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: WEB had negative earnings growth (-28.6%) over the past year, making it difficult to compare to the REITs industry average (-15.3%).
Return on Equity
High ROE: WEB's Return on Equity (5.2%) is considered low.