Fundo de Investimento Imobiliário - FII BTG Pactual Office Fund Past Earnings Performance
Past criteria checks 1/6
Fundo de Investimento Imobiliário - FII BTG Pactual Office Fund's earnings have been declining at an average annual rate of -7.5%, while the Office REITs industry saw earnings growing at 2.4% annually. Revenues have been declining at an average rate of 47.6% per year. Fundo de Investimento Imobiliário - FII BTG Pactual Office Fund's return on equity is 3.8%, and it has net margins of 48.3%.
Key information
-7.5%
Earnings growth rate
-11.0%
EPS growth rate
| Office REITs Industry Growth | 0.06% |
| Revenue growth rate | -47.6% |
| Return on equity | 3.8% |
| Net Margin | 48.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Fundo de Investimento Imobiliário - FII BTG Pactual Office Fund 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 | 205 | 99 | 22 | 0 |
| 30 Sep 23 | 230 | 127 | 24 | 0 |
| 30 Jun 23 | 232 | 131 | 23 | 0 |
| 31 Mar 23 | 135 | -11 | 25 | 0 |
| 31 Dec 22 | 139 | -2 | 24 | 0 |
| 30 Sep 22 | 133 | -31 | 10 | 0 |
| 30 Jun 22 | 133 | -21 | 26 | 0 |
| 31 Mar 22 | 184 | 89 | 29 | 0 |
| 31 Dec 21 | 192 | 100 | 29 | 0 |
| 30 Sep 21 | 221 | 185 | 24 | 0 |
| 30 Jun 21 | 220 | 189 | 16 | 0 |
| 31 Mar 21 | 206 | 177 | 5 | 0 |
| 31 Dec 20 | 182 | 160 | 5 | 0 |
| 30 Sep 20 | 166 | 189 | 5 | 0 |
| 30 Jun 20 | 164 | 188 | 8 | 0 |
| 31 Mar 20 | 178 | 221 | 6 | 0 |
| 31 Dec 19 | 1,520 | 110 | 5 | 0 |
| 30 Sep 19 | 1,523 | 36 | 5 | 0 |
| 30 Jun 19 | 1,552 | 27 | 7 | 0 |
| 31 Mar 19 | 1,505 | -13 | 6 | 0 |
| 31 Dec 18 | 187 | 111 | 8 | 0 |
| 30 Sep 18 | 179 | 416 | 7 | 0 |
| 30 Jun 18 | 165 | 429 | 4 | 0 |
| 31 Mar 18 | 187 | 379 | 6 | 0 |
| 31 Dec 17 | 208 | 409 | 4 | 0 |
| 30 Sep 17 | 227 | -58 | 7 | 0 |
| 30 Jun 17 | 248 | -44 | 7 | 0 |
| 31 Mar 17 | 293 | -197 | 8 | 0 |
| 31 Dec 16 | 295 | -207 | 8 | 0 |
| 30 Sep 16 | 674 | -119 | 10 | 0 |
| 30 Jun 16 | 665 | -129 | 11 | 0 |
| 31 Mar 16 | 668 | -16 | 13 | 0 |
| 31 Dec 15 | 668 | -15 | 13 | 0 |
| 30 Sep 15 | 305 | 56 | 18 | 0 |
| 30 Jun 15 | 391 | 61 | 11 | 0 |
| 31 Mar 15 | 394 | 119 | 11 | 0 |
| 31 Dec 14 | 405 | 132 | 10 | 0 |
| 30 Sep 14 | 417 | 126 | 3 | 0 |
| 30 Jun 14 | 350 | 138 | 10 | 0 |
| 31 Mar 14 | 345 | 325 | 10 | 0 |
| 31 Dec 13 | 327 | 306 | 10 | 0 |
| 30 Sep 13 | 296 | 461 | 3 | 0 |
| 30 Jun 13 | 263 | 441 | 2 | 0 |
Quality Earnings: BRCR11 has a large one-off gain of R$21.5M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: BRCR11 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BRCR11's earnings have declined by 7.5% per year over the past 5 years.
Accelerating Growth: BRCR11 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: BRCR11 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Office REITs industry (-10.5%).
Return on Equity
High ROE: BRCR11's Return on Equity (3.8%) is considered low.