Foran Energy Group Past Earnings Performance
Past criteria checks 4/6
Foran Energy Group has been growing earnings at an average annual rate of 17%, while the Gas Utilities industry saw earnings growing at 9.7% annually. Revenues have been growing at an average rate of 33.9% per year. Foran Energy Group's return on equity is 10.3%, and it has net margins of 3.1%.
Key information
17.0%
Earnings growth rate
15.4%
EPS growth rate
| Gas Utilities Industry Growth | 5.6% |
| Revenue growth rate | 33.9% |
| Return on equity | 10.3% |
| Net Margin | 3.1% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses BreakdownBeta
How Foran Energy Group 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 | 27,217 | 847 | 479 | 349 |
| 31 Dec 23 | 25,538 | 844 | 456 | 337 |
| 30 Sep 23 | 23,100 | 688 | 366 | 302 |
| 30 Jun 23 | 21,763 | 661 | 432 | 295 |
| 31 Mar 23 | 20,101 | 658 | 475 | 300 |
| 01 Jan 23 | 18,923 | 655 | 403 | 286 |
| 30 Sep 22 | 17,368 | 605 | 450 | 250 |
| 30 Jun 22 | 16,325 | 602 | 404 | 315 |
| 31 Mar 22 | 14,718 | 600 | 350 | 314 |
| 01 Jan 22 | 13,531 | 595 | 356 | 301 |
| 30 Sep 21 | 12,180 | 469 | 314 | 314 |
| 30 Jun 21 | 10,050 | 497 | 291 | 216 |
| 31 Mar 21 | 8,523 | 487 | 299 | 169 |
| 31 Dec 20 | 7,572 | 469 | 273 | 148 |
| 30 Sep 20 | 6,896 | 448 | 259 | 106 |
| 30 Jun 20 | 6,392 | 419 | 250 | 69 |
| 31 Mar 20 | 6,279 | 405 | 255 | 44 |
| 31 Dec 19 | 6,427 | 412 | 261 | 31 |
| 30 Sep 19 | 6,064 | 384 | 260 | 26 |
| 30 Jun 19 | 5,720 | 349 | 256 | 17 |
| 31 Mar 19 | 5,287 | 338 | 250 | 8 |
| 31 Dec 18 | 5,094 | 362 | 245 | 6 |
| 30 Sep 18 | 4,840 | 404 | 236 | 4 |
| 30 Jun 18 | 4,646 | 392 | 234 | 2 |
| 31 Mar 18 | 4,473 | 374 | 227 | 0 |
| 31 Dec 17 | 4,292 | 347 | 218 | 0 |
| 30 Sep 17 | 4,116 | 340 | 204 | 0 |
| 31 Dec 16 | 3,769 | 337 | 196 | 0 |
| 31 Dec 15 | 4,094 | 369 | 227 | 0 |
| 31 Dec 14 | 3,869 | 305 | 199 | 0 |
Quality Earnings: 002911 has high quality earnings.
Growing Profit Margin: 002911's current net profit margins (3.1%) are lower than last year (3.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 002911's earnings have grown by 17% per year over the past 5 years.
Accelerating Growth: 002911's earnings growth over the past year (28.7%) exceeds its 5-year average (17% per year).
Earnings vs Industry: 002911 earnings growth over the past year (28.7%) exceeded the Gas Utilities industry 7%.
Return on Equity
High ROE: 002911's Return on Equity (10.3%) is considered low.