Royal GroupLtd Past Earnings Performance
Past criteria checks 3/6
Royal GroupLtd has been growing earnings at an average annual rate of 35.9%, while the Food industry saw earnings growing at 2.9% annually. Revenues have been growing at an average rate of 7.8% per year. Royal GroupLtd's return on equity is 4.1%, and it has net margins of 2.7%.
Key information
35.9%
Earnings growth rate
35.9%
EPS growth rate
| Food Industry Growth | 7.2% |
| Revenue growth rate | 7.8% |
| Return on equity | 4.1% |
| Net Margin | 2.7% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Royal GroupLtd 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 Mar 24 | 2,549 | 68 | 487 | 48 |
| 31 Dec 23 | 2,893 | 67 | 531 | 49 |
| 30 Sep 23 | 3,402 | 129 | 529 | 54 |
| 30 Jun 23 | 3,390 | 129 | 526 | 63 |
| 31 Mar 23 | 3,195 | -60 | 490 | 74 |
| 31 Dec 22 | 2,891 | 12 | 458 | 81 |
| 30 Sep 22 | 2,692 | -432 | 493 | 86 |
| 30 Jun 22 | 2,581 | -386 | 487 | 86 |
| 31 Mar 22 | 2,532 | -401 | 481 | 79 |
| 01 Jan 22 | 2,569 | -472 | 471 | 70 |
| 30 Sep 21 | 2,714 | -152 | 435 | 72 |
| 30 Jun 21 | 2,783 | -127 | 401 | 83 |
| 31 Mar 21 | 2,742 | -88 | 348 | 75 |
| 31 Dec 20 | 2,490 | -137 | 347 | 74 |
| 30 Sep 20 | 2,382 | 62 | 344 | 76 |
| 30 Jun 20 | 2,284 | 35 | 374 | 59 |
| 31 Mar 20 | 2,136 | -6 | 438 | 60 |
| 31 Dec 19 | 2,253 | 49 | 427 | 59 |
| 30 Sep 19 | 2,112 | -595 | 478 | 50 |
| 30 Jun 19 | 2,130 | -572 | 469 | 42 |
| 31 Mar 19 | 2,165 | -659 | 476 | 38 |
| 31 Dec 18 | 2,147 | -660 | 478 | 36 |
| 30 Sep 18 | 2,465 | -101 | 467 | 23 |
| 30 Jun 18 | 2,377 | -105 | 472 | 27 |
| 31 Mar 18 | 2,362 | 50 | 456 | 22 |
| 31 Dec 17 | 2,367 | 57 | 463 | 18 |
| 30 Sep 17 | 2,368 | 271 | 434 | 12 |
| 30 Jun 17 | 2,336 | 279 | 435 | 0 |
| 31 Mar 17 | 2,435 | 291 | 433 | 0 |
| 31 Dec 16 | 2,446 | 291 | 427 | 0 |
| 30 Sep 16 | 2,232 | 242 | 396 | 0 |
| 30 Jun 16 | 2,115 | 229 | 386 | 0 |
| 31 Mar 16 | 1,866 | 189 | 357 | 0 |
| 31 Dec 15 | 1,685 | 185 | 332 | 0 |
| 30 Sep 15 | 1,384 | 118 | 280 | 0 |
| 30 Jun 15 | 1,298 | 107 | 248 | 0 |
| 31 Mar 15 | 1,164 | 77 | 236 | 0 |
| 31 Dec 14 | 1,130 | 75 | 225 | 0 |
| 30 Sep 14 | 1,038 | 43 | 224 | 0 |
| 30 Jun 14 | 1,011 | 40 | 229 | 0 |
| 31 Mar 14 | 1,010 | 37 | 229 | 0 |
| 31 Dec 13 | 991 | 36 | 236 | 0 |
| 30 Sep 13 | 952 | 36 | 231 | 0 |
| 30 Jun 13 | 897 | 35 | 225 | 0 |
Quality Earnings: 002329 has high quality earnings.
Growing Profit Margin: 002329 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002329 has become profitable over the past 5 years, growing earnings by 35.9% per year.
Accelerating Growth: 002329 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 002329 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Food industry (1.1%).
Return on Equity
High ROE: 002329's Return on Equity (4.1%) is considered low.