Slate Grocery REIT Past Earnings Performance
Past criteria checks 3/6
Slate Grocery REIT has been growing earnings at an average annual rate of 4%, while the Retail REITs industry saw earnings growing at 2.6% annually. Revenues have been growing at an average rate of 12.4% per year. Slate Grocery REIT's return on equity is 4.7%, and it has net margins of 13.9%.
Key information
4.0%
Earnings growth rate
-2.4%
EPS growth rate
| Retail REITs Industry Growth | 21.2% |
| Revenue growth rate | 12.4% |
| Return on equity | 4.7% |
| Net Margin | 13.9% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Slate Grocery REIT 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 | 214 | 30 | 16 | 0 |
| 30 Jun 24 | 209 | 34 | 16 | 0 |
| 31 Mar 24 | 209 | 38 | 15 | 0 |
| 31 Dec 23 | 207 | 15 | 15 | 0 |
| 30 Sep 23 | 205 | 26 | 15 | 0 |
| 30 Jun 23 | 209 | 44 | 15 | 0 |
| 31 Mar 23 | 209 | 89 | 14 | 0 |
| 31 Dec 22 | 207 | 128 | 14 | 0 |
| 30 Sep 22 | 220 | 134 | 13 | 0 |
| 30 Jun 22 | 197 | 115 | 12 | 0 |
| 31 Mar 22 | 177 | 53 | 11 | 0 |
| 31 Dec 21 | 159 | 87 | 10 | 0 |
| 30 Sep 21 | 128 | 88 | 9 | 0 |
| 30 Jun 21 | 129 | 87 | 10 | 0 |
| 31 Mar 21 | 125 | 97 | 10 | 0 |
| 31 Dec 20 | 125 | 42 | 10 | 0 |
| 30 Sep 20 | 127 | 34 | 17 | 0 |
| 30 Jun 20 | 131 | 31 | 14 | 0 |
| 31 Mar 20 | 137 | 31 | 12 | 0 |
| 31 Dec 19 | 141 | 26 | 10 | 0 |
| 30 Sep 19 | 143 | 3 | 0 | 0 |
| 30 Jun 19 | 144 | -3 | 0 | 0 |
| 31 Mar 19 | 144 | -23 | 0 | 0 |
| 31 Dec 18 | 144 | 2 | 0 | 0 |
| 30 Sep 18 | 143 | 43 | 0 | 0 |
| 30 Jun 18 | 137 | 35 | 0 | 0 |
| 31 Mar 18 | 128 | 65 | 0 | 0 |
| 31 Dec 17 | 119 | 47 | 0 | 0 |
| 30 Sep 17 | 109 | 3 | 0 | 0 |
| 30 Jun 17 | 103 | -3 | 0 | 0 |
| 31 Mar 17 | 100 | -20 | 0 | 0 |
| 31 Dec 16 | 97 | -29 | 0 | 0 |
| 30 Sep 16 | 95 | -18 | 0 | 0 |
| 30 Jun 16 | 94 | 1 | 0 | 0 |
| 31 Mar 16 | 88 | -16 | 0 | 0 |
| 31 Dec 15 | 80 | 0 | 0 | 0 |
| 30 Sep 15 | 71 | -3 | -1 | 0 |
| 30 Jun 15 | 60 | 17 | 1 | 0 |
| 31 Mar 15 | 52 | 33 | 2 | 0 |
| 31 Dec 14 | 41 | 23 | 2 | 0 |
| 30 Sep 14 | 32 | 20 | 4 | 0 |
| 30 Jun 14 | 25 | -1 | 2 | 0 |
| 31 Mar 14 | 17 | 5 | 2 | 0 |
| 31 Dec 13 | 13 | 0 | 2 | 0 |
Quality Earnings: SGR.UN has a large one-off loss of $25.3M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: SGR.UN's current net profit margins (13.9%) are higher than last year (12.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SGR.UN's earnings have grown by 4% per year over the past 5 years.
Accelerating Growth: SGR.UN's earnings growth over the past year (15.9%) exceeds its 5-year average (4% per year).
Earnings vs Industry: SGR.UN earnings growth over the past year (15.9%) did not outperform the Retail REITs industry 15.9%.
Return on Equity
High ROE: SGR.UN's Return on Equity (4.7%) is considered low.
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 | 2024/12/19 09:59 |
| End of Day Share Price | 2024/12/19 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 |
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* 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
Slate Grocery REIT is covered by 13 analysts. 2 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 |
|---|---|
| Heather Kirk | BMO Capital Markets Equity Research |
| Troy MacLean | BMO Capital Markets Equity Research |
| Sumayya Syed Hussain | CIBC Capital Markets |