NETSTREIT Past Earnings Performance
Past criteria checks 1/6
NETSTREIT has been growing earnings at an average annual rate of 38.8%, while the Retail REITs industry saw earnings growing at 13.5% annually. Revenues have been growing at an average rate of 36.2% per year. NETSTREIT's return on equity is 0.4%, and it has net margins of 3.3%.
Key information
38.8%
Earnings growth rate
13.8%
EPS growth rate
| Retail REITs Industry Growth | n/a |
| Revenue growth rate | 36.2% |
| Return on equity | 0.4% |
| Net Margin | 3.3% |
| Next Earnings Update | 04 Nov 2024 |
Recent past performance updates
No updates
Recent updates
No updates
Revenue & Expenses Breakdown
How NETSTREIT 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 24 | 148 | 5 | 21 | 0 |
| 31 Mar 24 | 140 | 6 | 21 | 0 |
| 31 Dec 23 | 131 | 7 | 20 | 0 |
| 30 Sep 23 | 122 | 8 | 20 | 0 |
| 30 Jun 23 | 113 | 5 | 19 | 0 |
| 31 Mar 23 | 104 | 8 | 19 | 0 |
| 31 Dec 22 | 96 | 8 | 18 | 0 |
| 30 Sep 22 | 87 | 7 | 18 | 0 |
| 30 Jun 22 | 77 | 9 | 17 | 0 |
| 31 Mar 22 | 69 | 4 | 16 | 0 |
| 31 Dec 21 | 59 | 3 | 15 | 0 |
| 30 Sep 21 | 53 | 5 | 14 | 0 |
| 30 Jun 21 | 47 | 0 | 15 | 0 |
| 31 Mar 21 | 40 | 3 | 13 | 0 |
| 31 Dec 20 | 34 | 1 | 11 | 0 |
| 30 Sep 20 | 26 | 1 | 9 | 0 |
| 30 Jun 20 | 22 | 0 | 5 | 0 |
| 31 Mar 20 | 20 | 2 | 4 | 0 |
| 31 Dec 19 | 20 | 0 | 4 | 0 |
| 31 Dec 18 | 24 | -20 | 4 | 0 |
Quality Earnings: NTST34 has a large one-off loss of $9.7M impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: NTST34's current net profit margins (3.3%) are lower than last year (4.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NTST34 has become profitable over the past 5 years, growing earnings by 38.8% per year.
Accelerating Growth: NTST34's earnings growth over the past year (0.8%) is below its 5-year average (38.8% per year).
Earnings vs Industry: NTST34 earnings growth over the past year (0.8%) did not outperform the Retail REITs industry 1.8%.
Return on Equity
High ROE: NTST34's Return on Equity (0.4%) is considered low.