Reach Machinery Past Earnings Performance
Past criteria checks 4/6
Reach Machinery has been growing earnings at an average annual rate of 20.5%, while the Machinery industry saw earnings growing at 7.3% annually. Revenues have been growing at an average rate of 8.6% per year. Reach Machinery's return on equity is 12.3%, and it has net margins of 16.6%.
Key information
20.5%
Earnings growth rate
19.5%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | 8.6% |
| Return on equity | 12.3% |
| Net Margin | 16.6% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Reach Machinery 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 | 599 | 100 | 51 | 31 |
| 30 Jun 24 | 586 | 96 | 48 | 32 |
| 31 Mar 24 | 582 | 98 | 46 | 33 |
| 31 Dec 23 | 585 | 97 | 47 | 33 |
| 31 Dec 22 | 587 | 75 | 44 | 28 |
| 31 Dec 21 | 567 | 65 | 43 | 21 |
| 31 Dec 20 | 410 | 47 | 38 | 16 |
| 31 Dec 19 | 372 | 26 | 43 | 16 |
Quality Earnings: 301596 has high quality earnings.
Growing Profit Margin: 301596's current net profit margins (16.6%) are higher than last year (15.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 301596's earnings have grown significantly by 20.5% per year over the past 5 years.
Accelerating Growth: 301596's earnings growth over the past year (9.3%) is below its 5-year average (20.5% per year).
Earnings vs Industry: 301596 earnings growth over the past year (9.3%) exceeded the Machinery industry -0.4%.
Return on Equity
High ROE: 301596's Return on Equity (12.3%) is considered low.