Greenhill Past Earnings Performance

Past criteria checks 0/6

Greenhill's earnings have been declining at an average annual rate of -5.2%, while the Capital Markets industry saw earnings growing at 18.2% annually. Revenues have been declining at an average rate of 2.9% per year.

Key information

-5.2%

Earnings growth rate

-1.6%

EPS growth rate

Capital Markets Industry Growth	15.2%
Revenue growth rate	-2.9%
Return on equity	-93.8%
Net Margin	-12.1%
Last Earnings Update	30 Sep 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Greenhill makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:GH3 Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 23	223	-27	222
30 Jun 23	277	15	218
31 Mar 23	244	-8	222
31 Dec 22	243	3	208
30 Sep 22	266	12	221
30 Jun 22	275	18	221
31 Mar 22	282	28	217
31 Dec 21	305	42	217
30 Sep 21	329	77	205
30 Jun 21	296	47	211
31 Mar 21	300	41	221
31 Dec 20	296	31	229
30 Sep 20	260	-8	228
30 Jun 20	289	17	222
31 Mar 20	291	19	220
31 Dec 19	274	11	211
30 Sep 19	255	-2	217
30 Jun 19	255	-6	221
31 Mar 19	293	17	223
31 Dec 18	330	39	228
30 Sep 18	308	2	218
30 Jun 18	275	-15	206
31 Mar 18	258	-20	196
31 Dec 17	232	-27	189
30 Sep 17	271	23	201
30 Jun 17	299	42	204
31 Mar 17	322	56	209
31 Dec 16	332	61	209
30 Sep 16	306	45	199
30 Jun 16	281	33	189
31 Mar 16	264	22	185
31 Dec 15	259	26	175
30 Sep 15	261	33	169
30 Jun 15	302	52	184
31 Mar 15	292	51	179
31 Dec 14	274	43	172
30 Sep 14	274	44	175
30 Jun 14	226	26	155
31 Mar 14	250	33	166
31 Dec 13	286	47	179
30 Sep 13	302	46	187
30 Jun 13	320	53	193
31 Mar 13	281	40	176
31 Dec 12	284	42	175

Quality Earnings: GH3 is currently unprofitable.

Growing Profit Margin: GH3 is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: GH3 is unprofitable, and losses have increased over the past 5 years at a rate of 5.2% per year.

Accelerating Growth: Unable to compare GH3's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: GH3 is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (-14.7%).

Return on Equity

High ROE: GH3 has a negative Return on Equity (-93.84%), as it is currently unprofitable.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2023/12/02 12:46
End of Day Share Price	2023/11/30 00:00
Earnings	2023/09/30
Annual Earnings	2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Greenhill & Co., Inc. is covered by 18 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Michael Needham	BofA Global Research
James Mitchell	Buckingham Research Group Inc.
William Tanona	Collins Stewart LLC

Greenhill Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Third quarter 2023 earnings released: US$1.50 loss per share (vs US$0.79 profit in 3Q 2022)

Second quarter 2023 earnings released: EPS: US$0.24 (vs US$1.03 loss in 2Q 2022)

First quarter 2023 earnings released: US$1.27 loss per share (vs US$0.66 loss in 1Q 2022)

Full year 2022 earnings released: EPS: US$0.18 (vs US$2.21 in FY 2021)

Full year 2022 earnings released: EPS: US$0.18 (vs US$2.21 in FY 2021)

Greenhill & Co., Inc. to Report Q4, 2022 Results on Feb 01, 2023

Recent updates

Greenhill & Co., Inc. Files Form 15

Mizuho Americas LLC completed the acquisition of Greenhill & Co., Inc. (NYSE:GHL) from Bok Family Partners, L.P. and others.

Greenhill & Co., Inc. Announces Directors Changes

Greenhill & Co., Inc. Declares Dividend, Payable on December 27, 2023

Third quarter 2023 earnings released: US$1.50 loss per share (vs US$0.79 profit in 3Q 2022)

Upcoming dividend of US$0.10 per share at 2.7% yield

Second quarter 2023 earnings released: EPS: US$0.24 (vs US$1.03 loss in 2Q 2022)

Upcoming dividend of US$0.10 per share at 2.8% yield

Mizuho Americas LLC entered into an agreement and plan of merger to acquire Greenhill & Co., Inc. (NYSE:GHL) from Bok Family Partners, L.P. and others for approximately $380 million.

First quarter 2023 earnings released: US$1.27 loss per share (vs US$0.66 loss in 1Q 2022)

Greenhill & Co., Inc. Declares Dividend, Payable on June 21, 2023

Investor sentiment deteriorates as stock falls 23%

Investor sentiment deteriorates as stock falls 18%

Now 20% undervalued

Full year 2022 earnings released: EPS: US$0.18 (vs US$2.21 in FY 2021)

Upcoming dividend of US$0.10 per share at 3.6% yield

Investor sentiment deteriorates as stock falls 16%

Full year 2022 earnings released: EPS: US$0.18 (vs US$2.21 in FY 2021)

Greenhill & Co. Declares Dividend, Payable on March 22, 2023

Greenhill & Co., Inc. to Report Q4, 2022 Results on Feb 01, 2023

Investor sentiment improved over the past week

Upcoming dividend of US$0.10 per share

Chairman & CEO recently bought €466k worth of stock

Investor sentiment improved over the past week

Third quarter 2022 earnings released: EPS: US$0.79 (vs US$1.06 in 3Q 2021)

Greenhill & Co., Inc. Declares Dividend, Payable on December 21, 2022

Greenhill & Co., Inc. to Report Q3, 2022 Results on Nov 02, 2022

Chairman & CEO recently bought €233k worth of stock

Upcoming dividend of US$0.10 per share

Chairman & CEO recently bought €1.0m worth of stock

Second quarter 2022 earnings released: US$1.03 loss per share (vs US$0.45 loss in 2Q 2021)

Greenhill & Co., Inc. Has Declares Dividend, Payable on September 28, 2022

Greenhill & Co., Inc. to Report Q2, 2022 Results on Aug 02, 2022

Greenhill & Co., Inc.(NYSE:GHL) dropped from Russell 2000 Dynamic Index

Investor sentiment deteriorated over the past week

Chairman & CEO recently bought €853k worth of stock

Upcoming dividend of US$0.10 per share

Independent Director recently bought €116k worth of stock

Now 22% undervalued after recent price drop

First quarter 2022 earnings released: US$0.66 loss per share (vs US$0.11 profit in 1Q 2021)

Greenhill & Co., Inc. Declares Dividend, Payable on June 15, 2022

Greenhill & Co., Inc. to Report Q1, 2022 Results on Apr 27, 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

President recently sold €1.1m worth of stock

Upcoming dividend of US$0.10 per share

Chairman & CEO recently bought €316k worth of stock

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Greenhill & Co., Inc. Declares Dividend, Payable on March 16, 2022

Upcoming dividend of US$0.05 per share

Chairman & CEO recently bought €689k worth of stock

Third quarter 2021 earnings released: EPS US$1.06 (vs US$0.49 loss in 3Q 2020)

Upcoming dividend of US$0.05 per share

Independent Director Karen Robards has left the company

Second quarter 2021 earnings released: US$0.45 loss per share (vs US$0.79 loss in 2Q 2020)

Upcoming dividend of US$0.05 per share

Independent Director recently bought €554k worth of stock

Investor sentiment deteriorated over the past week

First quarter 2021 earnings released: EPS US$0.11 (vs US$0.40 loss in 1Q 2020)

Greenhill & Co., Inc. Declares Dividend, to Be Paid on June 16, 2021

Investor sentiment improved over the past week

Greenhill & Co., Inc. Announces Executive Changes

New 90-day high: €13.30

Full year 2020 earnings released: EPS US$1.65 (vs US$0.46 in FY 2019)

Revenue beats expectations

Chairman & CEO recently bought €407k worth of stock

Upcoming Dividend of US$0.05 Per Share

President recently sold €359k worth of stock

Investor sentiment improved over the past week

Full year 2020 earnings released: EPS US$1.65 (vs US$0.46 in FY 2019)