Heineken Holding Past Earnings Performance
Past criteria checks 1/6
Heineken Holding has been growing earnings at an average annual rate of 11.3%, while the Beverage industry saw earnings growing at 2.3% annually. Revenues have been growing at an average rate of 8.3% per year. Heineken Holding's return on equity is 5.4%, and it has net margins of 1.8%.
Key information
11.3%
Earnings growth rate
11.5%
EPS growth rate
| Beverage Industry Growth | -0.09% |
| Revenue growth rate | 8.3% |
| Return on equity | 5.4% |
| Net Margin | 1.8% |
| Next Earnings Update | 12 Feb 2025 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Heineken Holding 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 24 | 30,662 | 537 | 4,549 | 0 |
| 31 Mar 24 | 30,512 | 856 | 4,471 | 0 |
| 31 Dec 23 | 30,362 | 1,174 | 4,392 | 0 |
| 30 Sep 23 | 30,060 | 1,237 | 4,354 | 0 |
| 30 Jun 23 | 29,758 | 1,299 | 4,315 | 0 |
| 31 Mar 23 | 29,239 | 1,321 | 4,227 | 0 |
| 31 Dec 22 | 28,719 | 1,343 | 4,139 | 0 |
| 30 Sep 22 | 27,068 | 1,561 | 4,007 | 0 |
| 30 Jun 22 | 25,416 | 1,779 | 3,875 | 0 |
| 31 Mar 22 | 23,679 | 1,721 | 3,731 | 0 |
| 31 Dec 21 | 21,941 | 1,663 | 3,586 | 0 |
| 30 Sep 21 | 21,212 | 1,114 | 3,491 | 0 |
| 30 Jun 21 | 20,482 | 564 | 3,395 | 0 |
| 31 Mar 21 | 20,099 | 231 | 3,431 | 0 |
| 31 Dec 20 | 19,715 | -102 | 3,466 | 0 |
| 30 Sep 20 | 20,742 | 183 | 3,609 | 0 |
| 30 Jun 20 | 21,769 | 467 | 3,752 | 0 |
| 31 Mar 20 | 22,869 | 777 | 3,843 | 0 |
| 31 Dec 19 | 23,969 | 1,087 | 3,934 | 0 |
| 30 Sep 19 | 23,553 | 1,023 | 4,010 | 0 |
| 30 Jun 19 | 23,137 | 958 | 4,085 | 0 |
| 31 Mar 19 | 22,813 | 962 | 4,065 | 0 |
| 31 Dec 18 | 22,489 | 966 | 4,044 | 0 |
| 30 Sep 18 | 22,276 | 991 | 4,006 | 0 |
| 30 Jun 18 | 22,062 | 1,016 | 3,967 | 0 |
| 31 Mar 18 | 21,836 | 997 | 3,888 | 0 |
| 31 Dec 17 | 21,609 | 977 | 3,809 | 0 |
| 30 Sep 17 | 21,325 | 950 | 3,731 | 0 |
| 30 Jun 17 | 21,040 | 923 | 3,653 | 0 |
| 31 Mar 17 | 20,916 | 851 | 3,610 | 0 |
| 31 Dec 16 | 20,792 | 779 | 3,567 | 0 |
| 30 Sep 16 | 20,751 | 728 | 3,549 | 0 |
| 30 Jun 16 | 20,709 | 677 | 3,530 | 0 |
| 31 Mar 16 | 20,610 | 817 | 3,554 | 0 |
| 31 Dec 15 | 20,511 | 957 | 3,577 | 0 |
| 30 Sep 15 | 20,195 | 989 | 3,497 | 0 |
| 30 Jun 15 | 19,879 | 1,020 | 3,416 | 0 |
| 31 Mar 15 | 19,568 | 890 | 3,368 | 0 |
| 31 Dec 14 | 19,257 | 760 | 3,319 | 0 |
| 30 Sep 14 | 19,190 | 720 | 3,256 | 0 |
| 30 Jun 14 | 19,123 | 679 | 3,192 | 0 |
| 31 Mar 14 | 19,163 | 681 | 3,279 | 0 |
| 31 Dec 13 | 19,203 | 683 | 3,366 | 0 |
Quality Earnings: 4H5 has a large one-off loss of €659.0M impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: 4H5's current net profit margins (1.8%) are lower than last year (4.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 4H5's earnings have grown by 11.3% per year over the past 5 years.
Accelerating Growth: 4H5's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 4H5 had negative earnings growth (-58.7%) over the past year, making it difficult to compare to the Beverage industry average (1.3%).
Return on Equity
High ROE: 4H5's Return on Equity (5.4%) is considered low.