Resideo Technologies Past Earnings Performance
Past criteria checks 1/6
Resideo Technologies has been growing earnings at an average annual rate of 5.9%, while the Building industry saw earnings growing at 14.9% annually. Revenues have been growing at an average rate of 6.9% per year. Resideo Technologies's return on equity is 7.6%, and it has net margins of 3.4%.
Key information
5.9%
Earnings growth rate
0.7%
EPS growth rate
| Building Industry Growth | 8.0% |
| Revenue growth rate | 6.9% |
| Return on equity | 7.6% |
| Net Margin | 3.4% |
| Next Earnings Update | 02 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Resideo Technologies 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 Dec 23 | 6,242 | 210 | 951 | 109 |
| 30 Sep 23 | 6,265 | 167 | 927 | 114 |
| 01 Jul 23 | 6,329 | 209 | 931 | 115 |
| 01 Apr 23 | 6,413 | 253 | 932 | 114 |
| 31 Dec 22 | 6,370 | 283 | 935 | 111 |
| 01 Oct 22 | 6,264 | 311 | 937 | 104 |
| 02 Jul 22 | 6,142 | 316 | 927 | 95 |
| 02 Apr 22 | 5,933 | 280 | 918 | 89 |
| 31 Dec 21 | 5,846 | 242 | 899 | 86 |
| 02 Oct 21 | 5,893 | 234 | 901 | 82 |
| 03 Jul 21 | 5,759 | 241 | 895 | 80 |
| 03 Apr 21 | 5,311 | 107 | 866 | 95 |
| 31 Dec 20 | 5,071 | 37 | 891 | 74 |
| 26 Sep 20 | 4,874 | -31 | 818 | 142 |
| 27 Jun 20 | 4,738 | -98 | 836 | 124 |
| 28 Mar 20 | 4,951 | -33 | 900 | 87 |
| 31 Dec 19 | 4,988 | 36 | 931 | 80 |
| 28 Sep 19 | 4,950 | 61 | 981 | 0 |
| 30 Jun 19 | 4,924 | 364 | 961 | 0 |
| 31 Mar 19 | 4,878 | 408 | 908 | 0 |
| 31 Dec 18 | 4,827 | 405 | 867 | 59 |
| 30 Sep 18 | 4,770 | -60 | 870 | 0 |
| 30 Jun 18 | 4,722 | -348 | 865 | 0 |
| 31 Mar 18 | 4,622 | -365 | 861 | 0 |
| 31 Dec 17 | 4,519 | -394 | 871 | 0 |
| 31 Dec 16 | 4,455 | 177 | 851 | 0 |
| 31 Dec 15 | 4,154 | 147 | 808 | 0 |
Quality Earnings: 3RT has a large one-off loss of $220.0M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: 3RT's current net profit margins (3.4%) are lower than last year (4.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 3RT's earnings have grown by 5.9% per year over the past 5 years.
Accelerating Growth: 3RT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 3RT had negative earnings growth (-25.8%) over the past year, making it difficult to compare to the Building industry average (-11.3%).
Return on Equity
High ROE: 3RT's Return on Equity (7.6%) is considered low.