Northern Drilling Past Earnings Performance
Past criteria checks 0/6
Northern Drilling's earnings have been declining at an average annual rate of -26.6%, while the Energy Services industry saw earnings growing at 17.3% annually. Revenues have been declining at an average rate of 25.3% per year.
Key information
-26.6%
Earnings growth rate
-40.5%
EPS growth rate
| Energy Services Industry Growth | 23.3% |
| Revenue growth rate | -25.3% |
| Return on equity | -4.2% |
| Net Margin | n/a |
| Last Earnings Update | 30 Jun 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Northern Drilling 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 Jun 23 | 0 | -10 | 10 | 0 |
| 31 Mar 23 | 0 | -8 | 8 | 0 |
| 31 Dec 22 | 0 | -6 | 6 | 0 |
| 30 Sep 22 | 0 | 8 | 6 | 0 |
| 30 Jun 22 | 0 | -11 | 6 | 0 |
| 31 Mar 22 | 0 | -11 | 5 | 0 |
| 31 Dec 21 | 0 | -11 | 5 | 0 |
| 30 Sep 21 | 0 | -24 | 4 | 0 |
| 30 Jun 21 | 0 | -4 | 4 | 0 |
| 31 Mar 21 | -12 | 4 | 3 | 0 |
| 31 Dec 20 | 0 | -3 | 5 | 0 |
| 30 Sep 20 | 0 | -4 | 6 | 0 |
| 30 Jun 20 | 0 | -2 | 5 | 0 |
| 31 Mar 20 | 23 | -18 | 7 | 0 |
| 31 Dec 19 | 0 | -2 | 3 | 0 |
| 30 Sep 19 | 0 | -1 | 2 | 0 |
| 30 Jun 19 | 0 | -1 | 3 | 0 |
| 31 Mar 19 | 0 | 0 | 3 | 0 |
| 31 Dec 18 | 0 | 0 | 2 | 0 |
| 30 Sep 18 | 0 | 0 | 2 | 0 |
| 30 Jun 18 | 0 | -1 | 1 | 0 |
| 31 Mar 18 | 0 | -1 | 1 | 0 |
Quality Earnings: ND6 is currently unprofitable.
Growing Profit Margin: ND6 is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ND6 is unprofitable, and losses have increased over the past 5 years at a rate of 26.6% per year.
Accelerating Growth: Unable to compare ND6's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ND6 is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (16%).
Return on Equity
High ROE: ND6 has a negative Return on Equity (-4.22%), as it is currently unprofitable.