OKE Precision Cutting Tools Past Earnings Performance
Past criteria checks 1/6
OKE Precision Cutting Tools has been growing earnings at an average annual rate of 4.9%, while the Machinery industry saw earnings growing at 7.3% annually. Revenues have been growing at an average rate of 10.2% per year. OKE Precision Cutting Tools's return on equity is 3.7%, and it has net margins of 8.6%.
Key information
4.9%
Earnings growth rate
-2.5%
EPS growth rate
| Machinery Industry Growth | 11.8% |
| Revenue growth rate | 10.2% |
| Return on equity | 3.7% |
| Net Margin | 8.6% |
| Next Earnings Update | 02 Dec 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How OKE Precision Cutting Tools 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 | 1,117 | 96 | 94 | 82 |
| 30 Jun 24 | 1,073 | 118 | 87 | 79 |
| 31 Mar 24 | 1,007 | 137 | 87 | 71 |
| 31 Dec 23 | 1,026 | 166 | 87 | 64 |
| 30 Sep 23 | 1,060 | 213 | 87 | 47 |
| 30 Jun 23 | 1,062 | 236 | 92 | 46 |
| 31 Mar 23 | 1,077 | 245 | 83 | 50 |
| 31 Dec 22 | 1,055 | 242 | 78 | 53 |
| 30 Sep 22 | 1,031 | 241 | 70 | 60 |
| 30 Jun 22 | 1,021 | 233 | 61 | 59 |
| 31 Mar 22 | 1,027 | 233 | 59 | 54 |
| 31 Dec 21 | 990 | 222 | 56 | 49 |
| 30 Sep 21 | 966 | 200 | 65 | 43 |
| 30 Jun 21 | 890 | 164 | 63 | 40 |
| 31 Mar 21 | 802 | 137 | 57 | 36 |
| 31 Dec 20 | 702 | 107 | 52 | 33 |
| 30 Sep 20 | 662 | 103 | 47 | 35 |
| 31 Dec 19 | 603 | 88 | 48 | 31 |
| 31 Dec 18 | 584 | 67 | 42 | 21 |
| 31 Dec 17 | 428 | 45 | 39 | 16 |
Quality Earnings: 688308 has a high level of non-cash earnings.
Growing Profit Margin: 688308's current net profit margins (8.6%) are lower than last year (20.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 688308's earnings have grown by 4.9% per year over the past 5 years.
Accelerating Growth: 688308's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 688308 had negative earnings growth (-54.8%) over the past year, making it difficult to compare to the Machinery industry average (-0.4%).
Return on Equity
High ROE: 688308's Return on Equity (3.7%) is considered low.