Diversified Royalty Corp.

TSX:DIV Stock Report

Market Cap: CA$476.2m

Diversified Royalty Past Earnings Performance

Past criteria checks 5/6

Diversified Royalty has been growing earnings at an average annual rate of 35.5%, while the Specialty Retail industry saw earnings growing at 13.6% annually. Revenues have been growing at an average rate of 17.4% per year. Diversified Royalty's return on equity is 11%, and it has net margins of 49.3%.

Key information

35.5%

Earnings growth rate

30.1%

EPS growth rate

Specialty Retail Industry Growth18.2%
Revenue growth rate17.4%
Return on equity11.0%
Net Margin49.3%
Last Earnings Update30 Sep 2024

Recent past performance updates

Diversified Royalty's (TSE:DIV) Earnings Are Of Questionable Quality

Mar 29
Diversified Royalty's (TSE:DIV) Earnings Are Of Questionable Quality

Recent updates

Diversified Royalty's (TSE:DIV) Dividend Will Be CA$0.0208

Nov 08
Diversified Royalty's (TSE:DIV) Dividend Will Be CA$0.0208

Diversified Royalty (TSE:DIV) Has Affirmed Its Dividend Of CA$0.0208

Oct 07
Diversified Royalty (TSE:DIV) Has Affirmed Its Dividend Of CA$0.0208

Diversified Royalty (TSE:DIV) Has Announced A Dividend Of CA$0.0208

Aug 08
Diversified Royalty (TSE:DIV) Has Announced A Dividend Of CA$0.0208

Diversified Royalty (TSE:DIV) Has Affirmed Its Dividend Of CA$0.0208

Jul 11
Diversified Royalty (TSE:DIV) Has Affirmed Its Dividend Of CA$0.0208

We Think Shareholders May Consider Being More Generous With Diversified Royalty Corp.'s (TSE:DIV) CEO Compensation Package

Jun 13
We Think Shareholders May Consider Being More Generous With Diversified Royalty Corp.'s (TSE:DIV) CEO Compensation Package

Diversified Royalty (TSE:DIV) Is Due To Pay A Dividend Of CA$0.0208

Apr 07
Diversified Royalty (TSE:DIV) Is Due To Pay A Dividend Of CA$0.0208

Diversified Royalty's (TSE:DIV) Earnings Are Of Questionable Quality

Mar 29
Diversified Royalty's (TSE:DIV) Earnings Are Of Questionable Quality

Diversified Royalty's (TSE:DIV) Dividend Will Be CA$0.0204

Dec 09
Diversified Royalty's (TSE:DIV) Dividend Will Be CA$0.0204

Diversified Royalty (TSE:DIV) Will Pay A Larger Dividend Than Last Year At CA$0.0204

Nov 09
Diversified Royalty (TSE:DIV) Will Pay A Larger Dividend Than Last Year At CA$0.0204

Diversified Royalty (TSE:DIV) Is Paying Out A Dividend Of CA$0.02

Oct 10
Diversified Royalty (TSE:DIV) Is Paying Out A Dividend Of CA$0.02

Diversified Royalty's (TSE:DIV) Dividend Will Be CA$0.02

Sep 10
Diversified Royalty's (TSE:DIV) Dividend Will Be CA$0.02

Diversified Royalty's (TSE:DIV) Dividend Will Be CA$0.02

Aug 08
Diversified Royalty's (TSE:DIV) Dividend Will Be CA$0.02

Diversified Royalty (TSE:DIV) Will Pay A Dividend Of CA$0.02

Jul 08
Diversified Royalty (TSE:DIV) Will Pay A Dividend Of CA$0.02

Diversified Royalty (TSE:DIV) Will Pay A Dividend Of CA$0.02

May 05
Diversified Royalty (TSE:DIV) Will Pay A Dividend Of CA$0.02

Diversified Royalty (TSE:DIV) Will Pay A Dividend Of CA$0.02

Mar 07
Diversified Royalty (TSE:DIV) Will Pay A Dividend Of CA$0.02

Diversified Royalty (TSE:DIV) Has Affirmed Its Dividend Of CA$0.02

Feb 07
Diversified Royalty (TSE:DIV) Has Affirmed Its Dividend Of CA$0.02

Diversified Royalty's (TSE:DIV) Dividend Will Be Increased To CA$0.02

Jan 08
Diversified Royalty's (TSE:DIV) Dividend Will Be Increased To CA$0.02

Diversified Royalty (TSE:DIV) Has Re-Affirmed Its Dividend Of CA$0.018

Jul 09
Diversified Royalty (TSE:DIV) Has Re-Affirmed Its Dividend Of CA$0.018

Diversified Royalty (TSE:DIV) Has Re-Affirmed Its Dividend Of CA$0.018

Jun 07
Diversified Royalty (TSE:DIV) Has Re-Affirmed Its Dividend Of CA$0.018

Revenue & Expenses Breakdown

How Diversified Royalty makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSX:DIV Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24643240
30 Jun 24623240
31 Mar 24593330
31 Dec 23563230
30 Sep 23531830
30 Jun 23511830
31 Mar 23481630
31 Dec 22451630
30 Sep 22432820
30 Jun 22412820
31 Mar 22392620
31 Dec 21372420
30 Sep 21361620
30 Jun 2134920
31 Mar 2131720
31 Dec 2030-920
30 Sep 2030-630
30 Jun 2030-120
31 Mar 2031020
31 Dec 19301420
30 Sep 19291120
30 Jun 19281020
31 Mar 19271020
31 Dec 18271020
30 Sep 18261320
30 Jun 18251220
31 Mar 18231220
31 Dec 17211220
30 Sep 17201320
30 Jun 17221020
31 Mar 17251120
31 Dec 16281120
30 Sep 1629710
30 Jun 16281010
31 Mar 1624710
31 Dec 1520610
30 Sep 1515610
30 Jun 15101220
31 Mar 156920
31 Dec 143730
30 Sep 140510
30 Jun 140-410
31 Mar 140-310

Quality Earnings: DIV has high quality earnings.

Growing Profit Margin: DIV's current net profit margins (49.3%) are higher than last year (34.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: DIV's earnings have grown significantly by 35.5% per year over the past 5 years.

Accelerating Growth: DIV's earnings growth over the past year (74.9%) exceeds its 5-year average (35.5% per year).

Earnings vs Industry: DIV earnings growth over the past year (74.9%) exceeded the Specialty Retail industry 36.1%.


Return on Equity

High ROE: DIV's Return on Equity (11%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 23:51
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Diversified Royalty Corp. is covered by 13 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Raveel AfzaalCanaccord Genuity
Matthew LeeCanaccord Genuity
Mark PetrieCIBC Capital Markets