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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 Growth23.3%
Revenue growth rate-25.3%
Return on equity-4.2%
Net Marginn/a
Last Earnings Update30 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

DB:ND6 Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 230-10100
31 Mar 230-880
31 Dec 220-660
30 Sep 220860
30 Jun 220-1160
31 Mar 220-1150
31 Dec 210-1150
30 Sep 210-2440
30 Jun 210-440
31 Mar 21-12430
31 Dec 200-350
30 Sep 200-460
30 Jun 200-250
31 Mar 2023-1870
31 Dec 190-230
30 Sep 190-120
30 Jun 190-130
31 Mar 190030
31 Dec 180020
30 Sep 180020
30 Jun 180-110
31 Mar 180-110

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.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/05/01 04:42
End of Day Share Price 2024/05/01 00:00
Earnings2023/06/30
Annual Earnings2022/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Northern Drilling Ltd. is covered by 9 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Chr. Frederik LundeCarnegie Investment Bank AB
Steffen EvjenDanske Bank
Martin KarlsenDNB Markets