Mitsubishi Past Earnings Performance
Past criteria checks 3/6
Mitsubishi has been growing earnings at an average annual rate of 22.2%, while the Trade Distributors industry saw earnings growing at 16.8% annually. Revenues have been growing at an average rate of 9.5% per year. Mitsubishi's return on equity is 12%, and it has net margins of 5.8%.
Key information
22.2%
Earnings growth rate
24.2%
EPS growth rate
| Trade Distributors Industry Growth | 41.7% |
| Revenue growth rate | 9.5% |
| Return on equity | 12.0% |
| Net Margin | 5.8% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Mitsubishi 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 | 19,361,341 | 1,116,013 | 1,743,772 | 0 |
| 30 Jun 24 | 19,517,889 | 1,000,672 | 1,733,012 | 0 |
| 31 Mar 24 | 19,567,601 | 964,034 | 1,692,282 | 0 |
| 31 Dec 23 | 19,993,011 | 921,549 | 1,659,971 | 0 |
| 30 Sep 23 | 20,411,106 | 926,764 | 1,656,491 | 0 |
| 30 Jun 23 | 20,864,199 | 964,464 | 1,625,046 | 0 |
| 31 Mar 23 | 21,571,973 | 1,180,694 | 1,607,518 | 0 |
| 31 Dec 22 | 21,178,234 | 1,248,520 | 1,559,313 | 0 |
| 30 Sep 22 | 20,259,971 | 1,296,975 | 1,508,037 | 0 |
| 30 Jun 22 | 18,914,537 | 1,283,908 | 1,467,792 | 0 |
| 31 Mar 22 | 17,264,828 | 937,529 | 1,432,039 | 0 |
| 31 Dec 21 | 16,145,123 | 648,172 | 1,411,771 | 0 |
| 30 Sep 21 | 14,882,909 | 446,423 | 1,396,630 | 0 |
| 30 Jun 21 | 14,010,816 | 323,461 | 1,391,941 | 0 |
| 31 Mar 21 | 12,884,521 | 172,550 | 1,397,707 | 0 |
| 31 Dec 20 | 12,460,770 | 331,191 | 1,389,429 | 0 |
| 30 Sep 20 | 12,784,189 | 379,681 | 1,408,192 | 0 |
| 30 Jun 20 | 13,505,857 | 410,775 | 1,421,432 | 0 |
| 31 Mar 20 | 14,779,734 | 535,353 | 1,431,232 | 0 |
| 31 Dec 19 | 15,344,984 | 521,868 | 1,427,454 | 0 |
| 30 Sep 19 | 15,884,407 | 523,787 | 1,422,490 | 0 |
| 30 Jun 19 | 16,169,614 | 547,623 | 1,415,440 | 0 |
| 31 Mar 19 | 16,103,763 | 590,737 | 1,403,322 | 0 |
| 31 Dec 18 | 14,071,701 | 586,179 | 1,411,006 | 0 |
| 30 Sep 18 | 11,853,556 | 615,484 | 1,402,769 | 0 |
| 30 Jun 18 | 9,646,151 | 646,714 | 1,391,623 | 0 |
| 31 Mar 18 | 7,567,394 | 560,173 | 1,387,266 | 0 |
| 31 Dec 17 | 7,420,710 | 484,929 | 1,271,164 | 0 |
| 30 Sep 17 | 7,150,227 | 514,467 | 1,153,557 | 0 |
| 30 Jun 17 | 6,694,686 | 457,261 | 1,046,657 | 0 |
| 31 Mar 17 | 6,425,761 | 440,293 | 932,607 | 0 |
| 31 Dec 16 | 6,198,525 | -17,842 | 948,604 | 0 |
| 30 Sep 16 | 6,252,924 | -124,494 | 963,388 | 0 |
| 30 Jun 16 | 6,633,320 | -123,505 | 982,905 | 0 |
| 31 Mar 16 | 6,925,582 | -149,395 | 1,015,968 | 0 |
| 31 Dec 15 | 7,241,445 | 325,238 | 1,018,382 | 0 |
| 30 Sep 15 | 7,470,731 | 300,443 | 1,026,047 | 0 |
| 30 Jun 15 | 7,595,065 | 365,471 | 1,018,774 | 0 |
| 31 Mar 15 | 7,669,489 | 400,574 | 998,751 | 0 |
| 31 Dec 14 | 7,753,882 | 342,211 | 990,188 | 0 |
| 30 Sep 14 | 7,739,122 | 394,538 | 978,101 | 0 |
| 30 Jun 14 | 7,641,839 | 338,999 | 963,937 | 0 |
| 31 Mar 14 | 7,635,168 | 361,359 | 952,898 | 0 |
| 31 Dec 13 | 7,379,272 | 374,320 | 924,539 | 0 |
Quality Earnings: MBI has a large one-off gain of ¥538.7B impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: MBI's current net profit margins (5.8%) are higher than last year (4.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MBI's earnings have grown significantly by 22.2% per year over the past 5 years.
Accelerating Growth: MBI's earnings growth over the past year (20.4%) is below its 5-year average (22.2% per year).
Earnings vs Industry: MBI earnings growth over the past year (20.4%) exceeded the Trade Distributors industry -17.8%.
Return on Equity
High ROE: MBI's Return on Equity (12%) is considered low.