Top 10 Split Trust Past Earnings Performance
Past criteria checks 3/6
Top 10 Split Trust has been growing earnings at an average annual rate of 17.6%, while the Capital Markets industry saw earnings growing at 7.4% annually. Revenues have been growing at an average rate of 9.4% per year. Top 10 Split Trust's return on equity is 47.6%, and it has net margins of 40.3%.
Key information
17.6%
Earnings growth rate
11.4%
EPS growth rate
| Capital Markets Industry Growth | 12.1% |
| Revenue growth rate | 9.4% |
| Return on equity | 47.6% |
| Net Margin | 40.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How Top 10 Split Trust 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 | 1 | 1 | 0 | 0 |
| 30 Sep 23 | 1 | 0 | 0 | 0 |
| 30 Jun 23 | 1 | 0 | 0 | 0 |
| 31 Mar 23 | 0 | -1 | 0 | 0 |
| 31 Dec 22 | -1 | -2 | 0 | 0 |
| 30 Sep 22 | -1 | -1 | 0 | 0 |
| 30 Jun 22 | 0 | -1 | 0 | 0 |
| 31 Mar 22 | 2 | 1 | 0 | 0 |
| 31 Dec 21 | 4 | 3 | 0 | 0 |
| 30 Sep 21 | 5 | 3 | 0 | 0 |
| 30 Jun 21 | 5 | 4 | 0 | 0 |
| 31 Mar 21 | 2 | 1 | 0 | 0 |
| 31 Dec 20 | -1 | -2 | 0 | 0 |
| 30 Sep 20 | -2 | -3 | 0 | 0 |
| 30 Jun 20 | -2 | -3 | 0 | 0 |
| 31 Mar 20 | 1 | 0 | 0 | 0 |
| 31 Dec 19 | 4 | 2 | 0 | 0 |
| 30 Sep 19 | 2 | 1 | 0 | 0 |
| 30 Jun 19 | 1 | -1 | 0 | 0 |
| 31 Mar 19 | -1 | -2 | 0 | 0 |
| 31 Dec 18 | -2 | -3 | 0 | 0 |
| 30 Sep 18 | 0 | -2 | 0 | 0 |
| 30 Jun 18 | 1 | 0 | 0 | 0 |
| 31 Mar 18 | 2 | 0 | 0 | 0 |
| 31 Dec 17 | 2 | 1 | 0 | 0 |
| 30 Sep 17 | 3 | 1 | 0 | 0 |
| 30 Jun 17 | 4 | 2 | 0 | 0 |
| 31 Mar 17 | 4 | 2 | 0 | 0 |
| 31 Dec 16 | 3 | 2 | 0 | 0 |
| 30 Sep 16 | 2 | 0 | 0 | 0 |
| 30 Jun 16 | 0 | -2 | 0 | 0 |
| 31 Mar 16 | 0 | -2 | 0 | 0 |
| 31 Dec 15 | -1 | -2 | 0 | 0 |
| 30 Sep 15 | 0 | -2 | 0 | 0 |
| 30 Jun 15 | 1 | -1 | 0 | 0 |
| 31 Mar 15 | 2 | 0 | 0 | 0 |
| 31 Dec 14 | 3 | 1 | 0 | 0 |
| 30 Sep 14 | 4 | 3 | 0 | 0 |
| 30 Jun 14 | 6 | 4 | 0 | 0 |
| 31 Mar 14 | 6 | 5 | 0 | 0 |
| 31 Dec 13 | 7 | 5 | 0 | 0 |
| 30 Sep 13 | 5 | 4 | 0 | 0 |
| 30 Jun 13 | 3 | 3 | 0 | 0 |
Quality Earnings: TXT.UN has high quality earnings.
Growing Profit Margin: TXT.UN became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TXT.UN has become profitable over the past 5 years, growing earnings by 17.6% per year.
Accelerating Growth: TXT.UN has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: TXT.UN has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (7.2%).
Return on Equity
High ROE: Whilst TXT.UN's Return on Equity (47.59%) is outstanding, this metric is skewed due to their high level of debt.