DIRTT Environmental Solutions Past Earnings Performance
Past criteria checks 3/6
DIRTT Environmental Solutions's earnings have been declining at an average annual rate of -5.4%, while the Building industry saw earnings growing at 17.2% annually. Revenues have been declining at an average rate of 5.3% per year. DIRTT Environmental Solutions's return on equity is 29.2%, and it has net margins of 6.6%.
Key information
-5.4%
Earnings growth rate
-5.0%
EPS growth rate
| Building Industry Growth | 15.1% |
| Revenue growth rate | -5.3% |
| Return on equity | 29.2% |
| Net Margin | 6.6% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Health Check: How Prudently Does DIRTT Environmental Solutions (TSE:DRT) Use Debt?
Aug 23
Is DIRTT Environmental Solutions (TSE:DRT) Using Debt Sensibly?
Apr 05Is DIRTT Environmental Solutions (TSE:DRT) Using Debt In A Risky Way?
Dec 11Is DIRTT Environmental Solutions Ltd. (TSE:DRT) Trading At A 50% Discount?
Aug 17Estimating The Fair Value Of DIRTT Environmental Solutions Ltd. (TSE:DRT)
May 07Is DIRTT Environmental Solutions (TSE:DRT) Using Debt In A Risky Way?
Mar 01What Type Of Returns Would DIRTT Environmental Solutions'(TSE:DRT) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?
Feb 08
Revenue & Expenses Breakdown
How DIRTT Environmental Solutions 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 24 | 176 | 12 | 54 | 6 |
| 30 Jun 24 | 183 | -2 | 54 | 6 |
| 31 Mar 24 | 186 | 0 | 55 | 6 |
| 31 Dec 23 | 182 | -15 | 59 | 6 |
| 30 Sep 23 | 173 | -21 | 57 | 6 |
| 30 Jun 23 | 171 | -22 | 59 | 6 |
| 31 Mar 23 | 171 | -43 | 63 | 7 |
| 31 Dec 22 | 172 | -55 | 66 | 8 |
| 30 Sep 22 | 173 | -65 | 74 | 8 |
| 30 Jun 22 | 160 | -74 | 77 | 8 |
| 31 Mar 22 | 156 | -64 | 77 | 8 |
| 31 Dec 21 | 148 | -54 | 76 | 8 |
| 30 Sep 21 | 147 | -42 | 72 | 8 |
| 30 Jun 21 | 159 | -28 | 71 | 8 |
| 31 Mar 21 | 160 | -18 | 67 | 8 |
| 31 Dec 20 | 172 | -11 | 66 | 8 |
| 30 Sep 20 | 183 | -15 | 68 | 8 |
| 30 Jun 20 | 202 | -7 | 68 | 8 |
| 31 Mar 20 | 224 | -4 | 70 | 8 |
| 31 Dec 19 | 248 | -4 | 76 | 8 |
| 30 Sep 19 | 269 | 6 | 79 | 7 |
| 30 Jun 19 | 278 | -1 | 83 | 6 |
| 31 Mar 19 | 279 | -2 | 85 | 5 |
| 31 Dec 18 | 275 | 6 | 81 | 4 |
| 30 Sep 18 | 258 | -3 | 89 | 10 |
| 30 Jun 18 | 247 | 1 | 88 | 9 |
| 31 Mar 18 | 240 | -2 | 93 | 9 |
| 31 Dec 17 | 227 | -8 | 85 | 6 |
| 30 Sep 17 | 238 | 3 | 85 | 0 |
| 30 Jun 17 | 220 | 3 | 77 | 0 |
| 31 Mar 17 | 208 | 4 | 72 | 0 |
| 31 Dec 16 | 199 | 5 | 68 | 0 |
| 30 Sep 16 | 193 | 9 | 65 | 0 |
| 30 Jun 16 | 188 | 10 | 63 | 0 |
| 31 Mar 16 | 182 | 10 | 60 | 0 |
| 31 Dec 15 | 171 | 13 | 55 | 0 |
| 30 Sep 15 | 171 | 11 | 56 | 0 |
| 30 Jun 15 | 172 | 9 | 57 | 0 |
| 31 Mar 15 | 161 | 8 | 53 | 0 |
| 31 Dec 14 | 162 | 5 | 54 | 0 |
| 30 Sep 14 | 146 | -10 | 52 | 0 |
| 30 Jun 14 | 144 | -12 | 52 | 0 |
| 31 Mar 14 | 136 | -11 | 49 | 0 |
| 31 Dec 13 | 132 | -16 | 47 | 0 |
Quality Earnings: DRT has a large one-off gain of $9.0M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: DRT became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: DRT has become profitable over the past 5 years, growing earnings by -5.4% per year.
Accelerating Growth: DRT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: DRT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Building industry (3.1%).
Return on Equity
High ROE: DRT's Return on Equity (29.2%) is considered high.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 16:07 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
DIRTT Environmental Solutions Ltd. is covered by 10 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Spencer Churchill | Beacon Securities Limited |
| Gavin Fairweather | Cormark Securities Inc. |
| Gregory Palm | Craig-Hallum Capital Group LLC |