Okeanis Eco Tankers Past Earnings Performance
Past criteria checks 2/6
Okeanis Eco Tankers's earnings have been declining at an average annual rate of -1.1%, while the Oil and Gas industry saw earnings growing at 37.3% annually. Revenues have been declining at an average rate of 2.1% per year. Okeanis Eco Tankers's return on equity is 20%, and it has net margins of 31.2%.
Key information
-1.1%
Earnings growth rate
0.2%
EPS growth rate
| Oil and Gas Industry Growth | 37.3% |
| Revenue growth rate | -2.1% |
| Return on equity | 20.0% |
| Net Margin | 31.2% |
| Next Earnings Update | 07 Apr 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Okeanis Eco Tankers 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 22 | 271 | 85 | 13 | 0 |
| 30 Sep 22 | 196 | 41 | 11 | 0 |
| 30 Jun 22 | 165 | 17 | 11 | 0 |
| 31 Mar 22 | 163 | 1 | 11 | 0 |
| 31 Dec 21 | 169 | -1 | 13 | 0 |
| 30 Sep 21 | 187 | 2 | 13 | 0 |
| 30 Jun 21 | 206 | 22 | 12 | 0 |
| 31 Mar 21 | 240 | 68 | 14 | 0 |
| 31 Dec 20 | 283 | 101 | 12 | 0 |
| 30 Sep 20 | 290 | 112 | 12 | 0 |
| 30 Jun 20 | 261 | 93 | 11 | 0 |
| 31 Mar 20 | 199 | 52 | 8 | 0 |
| 31 Dec 19 | 128 | 11 | 7 | 0 |
| 31 Dec 18 | 58 | -6 | 4 | 0 |
Quality Earnings: 7OK has high quality earnings.
Growing Profit Margin: 7OK became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 7OK's earnings have declined by 1.1% per year over the past 5 years.
Accelerating Growth: 7OK has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 7OK has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-56%).
Return on Equity
High ROE: Whilst 7OK's Return on Equity (20.03%) is high, this metric is skewed due to their high level of debt.