Telefónica Past Earnings Performance
Past criteria checks 4/6
Telefónica has been growing earnings at an average annual rate of 6.7%, while the Telecom industry saw earnings growing at 14.8% annually. Revenues have been declining at an average rate of 5.7% per year. Telefónica's return on equity is 6.6%, and it has net margins of 3.7%.
Key information
6.7%
Earnings growth rate
3.6%
EPS growth rate
| Telecom Industry Growth | 11.5% |
| Revenue growth rate | -5.7% |
| Return on equity | 6.6% |
| Net Margin | 3.7% |
| Next Earnings Update | 08 Nov 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Telefónica 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 Jun 23 | 41,504 | 1,536 | 116 | 0 |
| 31 Mar 23 | 41,411 | 1,379 | 125 | 0 |
| 31 Dec 22 | 40,776 | 1,802 | 125 | 0 |
| 30 Sep 22 | 39,862 | 35 | 143 | 0 |
| 30 Jun 22 | 38,788 | 281 | 136 | 0 |
| 31 Mar 22 | 39,118 | 7,726 | 121 | 0 |
| 31 Dec 21 | 40,048 | 7,884 | 121 | 0 |
| 30 Sep 21 | 40,959 | 10,191 | 206 | 0 |
| 30 Jun 21 | 42,270 | 9,325 | 186 | 0 |
| 31 Mar 21 | 42,923 | 1,826 | 151 | 0 |
| 31 Dec 20 | 43,949 | 1,332 | 89 | 0 |
| 30 Sep 20 | 46,459 | 207 | 238 | 0 |
| 30 Jun 20 | 47,580 | -76 | 238 | 0 |
| 31 Mar 20 | 48,353 | 341 | 238 | 0 |
| 31 Dec 19 | 49,312 | 860 | 123 | 0 |
| 30 Sep 19 | 49,160 | 1,676 | 2,100 | 0 |
| 30 Jun 19 | 49,150 | 3,258 | 2,100 | 0 |
| 31 Mar 19 | 49,448 | 3,140 | 2,100 | 0 |
| 31 Dec 18 | 49,508 | 2,929 | 1,071 | 0 |
| 30 Sep 18 | 49,752 | 2,798 | 2,280 | 0 |
| 30 Jun 18 | 50,828 | 2,498 | 2,280 | 0 |
| 31 Mar 18 | 51,916 | 2,703 | 2,280 | 0 |
| 31 Dec 17 | 52,871 | 2,856 | 2,280 | 0 |
| 30 Sep 17 | 53,442 | 2,327 | 2,332 | 0 |
| 30 Jun 17 | 53,762 | 2,471 | 2,332 | 0 |
| 31 Mar 17 | 53,519 | 2,344 | 2,332 | 0 |
| 31 Dec 16 | 52,903 | 2,113 | 2,332 | 0 |
| 30 Sep 16 | 53,091 | -259 | 2,530 | 0 |
| 30 Jun 16 | 53,939 | -532 | 2,530 | 0 |
| 31 Mar 16 | 56,873 | 418 | 2,530 | 0 |
| 31 Dec 15 | 55,862 | 368 | 2,530 | 0 |
| 30 Sep 15 | 53,802 | 2,863 | 1,879 | 0 |
| 30 Jun 15 | 50,586 | 2,899 | 1,879 | 0 |
| 31 Mar 15 | 45,429 | 2,278 | 1,879 | 0 |
| 31 Dec 14 | 51,151 | 2,814 | 2,265 | 0 |
| 30 Sep 14 | 46,174 | 3,785 | 2,237 | 0 |
| 30 Jun 14 | 50,007 | 4,128 | 2,237 | 0 |
| 31 Mar 14 | 53,924 | 4,259 | 2,237 | 0 |
| 31 Dec 13 | 51,228 | 4,124 | 2,000 | 0 |
| 30 Sep 13 | 59,056 | 3,618 | 2,687 | 0 |
| 30 Jun 13 | 60,758 | 3,909 | -4,021 | 0 |
| 31 Mar 13 | 61,804 | 4,082 | 2,442 | 0 |
| 31 Dec 12 | 63,178 | 3,928 | 2,687 | 0 |
Quality Earnings: TFA has a large one-off gain of €508.0M impacting its last 12 months of financial results to 30th June, 2023.
Growing Profit Margin: TFA's current net profit margins (3.7%) are higher than last year (0.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TFA's earnings have grown by 6.7% per year over the past 5 years.
Accelerating Growth: TFA's earnings growth over the past year (446.6%) exceeds its 5-year average (6.7% per year).
Earnings vs Industry: TFA earnings growth over the past year (446.6%) exceeded the Telecom industry 12.6%.
Return on Equity
High ROE: TFA's Return on Equity (6.6%) is considered low.