Magellan Financial Group Past Earnings Performance

Past criteria checks 2/6

Magellan Financial Group's earnings have been declining at an average annual rate of -12.5%, while the Capital Markets industry saw earnings growing at 10.8% annually. Revenues have been declining at an average rate of 8.5% per year. Magellan Financial Group's return on equity is 21.6%, and it has net margins of 50.6%.

Key information

-12.5%

Earnings growth rate

-13.3%

EPS growth rate

Capital Markets Industry Growth	15.2%
Revenue growth rate	-8.5%
Return on equity	21.6%
Net Margin	50.6%
Next Earnings Update	15 Aug 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How Magellan Financial Group makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

BST:NNA Revenue, expenses and earnings (AUD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	401	203	33
30 Sep 23	416	193	32
30 Jun 23	431	183	32
31 Mar 23	390	199	33
31 Dec 22	350	215	34
30 Sep 22	450	299	36
30 Jun 22	550	383	37
31 Mar 22	669	349	36
31 Dec 21	789	314	35
30 Sep 21	754	290	34
30 Jun 21	720	265	32
31 Mar 21	691	334	35
31 Dec 20	663	403	37
30 Sep 20	679	400	38
30 Jun 20	695	396	39
31 Mar 20	699	398	38
31 Dec 19	703	399	37
30 Sep 19	659	388	37
30 Jun 19	616	377	37
31 Mar 19	573	354	37
31 Dec 18	530	332	37
30 Sep 18	490	272	41
30 Jun 18	451	212	45
31 Mar 18	416	187	44
31 Dec 17	381	163	43
30 Sep 17	360	179	38
30 Jun 17	339	196	33
31 Mar 17	322	186	30
31 Dec 16	305	176	28
30 Sep 16	320	187	27
30 Jun 16	334	198	26
31 Mar 16	335	202	25
31 Dec 15	337	206	24
30 Sep 15	310	190	22
30 Jun 15	284	174	21
31 Mar 15	246	149	19
31 Dec 14	209	124	17
30 Sep 14	179	104	15
30 Jun 14	149	83	13
31 Mar 14	152	85	12
31 Dec 13	154	87	10
30 Sep 13	137	77	9
30 Jun 13	119	67	7

Quality Earnings: NNA has high quality earnings.

Growing Profit Margin: NNA's current net profit margins (50.6%) are lower than last year (61.5%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: NNA's earnings have declined by 12.5% per year over the past 5 years.

Accelerating Growth: NNA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: NNA had negative earnings growth (-5.7%) over the past year, making it difficult to compare to the Capital Markets industry average (-5.6%).

Return on Equity

High ROE: NNA's Return on Equity (21.6%) is considered high.

Return on Assets

Return on Capital Employed

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Magellan Financial Group Past Earnings Performance

Past criteria checks 2/6

Key information

Recent past performance updates

Magellan Financial Group Limited to Report Fiscal Year 2024 Results on Aug 15, 2024

First half 2023 earnings released: EPS: AU$0.46 (vs AU$1.36 in 1H 2022)

Magellan Financial Group Limited to Report First Half, 2023 Results on Feb 16, 2023

Full year 2022 earnings released: EPS: AU$2.07 (vs AU$1.45 in FY 2021)

First half 2022 earnings: EPS in line with analyst expectations despite revenue beat

First half 2021 earnings released: EPS AU$1.11 (vs AU$1.08 in 1H 2020)

Recent updates

Magellan Financial Group Limited to Report Fiscal Year 2024 Results on Aug 15, 2024

Investor sentiment improves as stock rises 33%

Magellan Financial Group Limited Appoints Andrew Formica as Executive Chairman, Effective 25 October 2023

Magellan Financial Group Limited Announces Board Changes

Magellan Financial Group Limited Declares A Final Dividend for the Six Months Ended 30 June 2023, Payable on 7 September 2023

Magellan Financial Group Limited Declares A Special Dividend in Respect of the Year Ended 30 June 2023, Payable on 7 September 2023

Investor sentiment deteriorates as stock falls 22%

First half 2023 earnings released: EPS: AU$0.46 (vs AU$1.36 in 1H 2022)

Magellan Financial Group Limited Announces Dividend for the Six Months Period Ending December 31, 2022, Payable on 8 March 2023

Magellan Financial Group Limited Appoints David Dixon as A Non-Executive Director

Magellan Financial Group Limited to Report First Half, 2023 Results on Feb 16, 2023

Magellan Financial Group Limited, Annual General Meeting, Oct 19, 2023

Investor sentiment deteriorated over the past week

Magellan Financial Group Limited to Appoint David Dixon to the Board

Magellan Financial Group Limited Announces Investment Team Leadership Changes

Magellan Financial Group Limited Announces Retirement of Karen Phin as Independent Non-Executive Director

Full year 2022 earnings released: EPS: AU$2.07 (vs AU$1.45 in FY 2021)

Magellan Financial Group Limited Declares Dividend for the Six Months Ended June 30, 2022, Payable on Sep. 6, 2022

Magellan Asset Management Limited and Magellan Financial Group Limited Appoints David George to the Board

Insider recently sold €6.5m worth of stock

Barrenjoey Capital Partners acquired 11.6% of Guzman y Gomez Pty Ltd from Magellan Financial Group Limited (ASX:MFG) for AUD 146 million.

Magellan Financial Group Limited Announces Resignation of Mariana Kolaroski as Joint Company Secretary

Magellan Financial Group Limited Appoints Mr. David George as Managing Director

Barrenjoey Capital Partners entered into an agreement to acquire 11.6% of Guzman y Gomez Pty Ltd from Magellan Financial Group Limited (ASX:MFG) for AUD 146 million.

Magellan Financial Group Limited(ASX:MFGO) dropped from FTSE All-World Index (USD)

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

First half 2022 earnings: EPS in line with analyst expectations despite revenue beat

Investor sentiment improved over the past week

Magellan Financial Group Limited Declares Distribution for the Six Months Ending December 31, 2021 Payable on March 8, 2022

Magellan Financial Group Limited Announces Board Changes

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Insufficient new directors

Independent Non-Executive Director recently bought €61k worth of stock

Less than half of directors are independent

New 90-day low: €29.20

CEO, MD & Executive Director recently bought €399k worth of stock

Revenue misses expectations

First half 2021 earnings released: EPS AU$1.11 (vs AU$1.08 in 1H 2020)

New 90-day low: €29.60

New 90-day low: €32.00

Magellan Financial Group Limited (ASX:MFG) entered into an agreement to acquire 10% stake in Guzman Y Gomez (Holdings) Pty Limited for AUD 86.8 million.

Magellan Financial Group Limited Launches MFG Core Series and Magellan Sustainable Fund

Magellan Financial Group Limited Appoints Colette Garnsey as Non-Executive Director,Effective 30 November, 2020

Magellan Financial Group Limited to Report First Half, 2021 Results on Feb 11, 2021

Magellan Financial Group Limited, Annual General Meeting, Oct 21, 2021

Independent Non-Executive Director recently sold €3.7m worth of stock

New 90-day low: €32.60

Non-Executive Director recently sold €5.5m worth of stock

New 90-day low: €33.00

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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Revenue & Expenses Breakdown
Beta