Ashtead Technology Holdings Past Earnings Performance
Past criteria checks 6/6
Ashtead Technology Holdings has been growing earnings at an average annual rate of 42.3%, while the Trade Distributors industry saw earnings growing at 19.8% annually. Revenues have been growing at an average rate of 30.7% per year. Ashtead Technology Holdings's return on equity is 22.1%, and it has net margins of 19.5%.
Key information
42.3%
Earnings growth rate
72.3%
EPS growth rate
| Trade Distributors Industry Growth | 41.7% |
| Revenue growth rate | 30.7% |
| Return on equity | 22.1% |
| Net Margin | 19.5% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Ashtead Technology Holdings 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 | 110 | 22 | 53 | 0 |
| 30 Sep 23 | 101 | 19 | 49 | 0 |
| 30 Jun 23 | 91 | 17 | 45 | 0 |
| 31 Mar 23 | 82 | 15 | 41 | 0 |
| 31 Dec 22 | 73 | 13 | 37 | 0 |
| 30 Sep 22 | 68 | 10 | 36 | 0 |
| 30 Jun 22 | 63 | 7 | 35 | 0 |
| 31 Mar 22 | 59 | 5 | 34 | 0 |
| 31 Dec 21 | 56 | 3 | 33 | 0 |
| 31 Dec 20 | 42 | -1 | 30 | 0 |
| 31 Dec 19 | 48 | 8 | 15 | 0 |
Quality Earnings: Y9R has high quality earnings.
Growing Profit Margin: Y9R's current net profit margins (19.5%) are higher than last year (17.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Y9R's earnings have grown significantly by 42.3% per year over the past 5 years.
Accelerating Growth: Y9R's earnings growth over the past year (70.4%) exceeds its 5-year average (42.3% per year).
Earnings vs Industry: Y9R earnings growth over the past year (70.4%) exceeded the Trade Distributors industry -17.2%.
Return on Equity
High ROE: Y9R's Return on Equity (22.1%) is considered high.