Vector Group Past Earnings Performance
Past criteria checks 4/6
Vector Group has been growing earnings at an average annual rate of 18.9%, while the Tobacco industry saw earnings growing at 9.7% annually. Revenues have been declining at an average rate of 11.8% per year.
Key information
18.9%
Earnings growth rate
18.0%
EPS growth rate
| Tobacco Industry Growth | 8.0% |
| Revenue growth rate | -11.8% |
| Return on equity | n/a |
| Net Margin | 19.0% |
| Next Earnings Update | 02 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Vector Group 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 23 | 938 | 179 | 113 | 0 |
| 30 Sep 23 | 931 | 169 | 109 | 0 |
| 30 Jun 23 | 930 | 155 | 97 | 0 |
| 31 Mar 23 | 941 | 156 | 106 | 0 |
| 31 Dec 22 | 920 | 154 | 104 | 0 |
| 30 Sep 22 | 887 | 137 | 117 | 0 |
| 30 Jun 22 | 839 | 128 | 121 | 0 |
| 31 Mar 22 | 809 | 152 | 126 | 0 |
| 31 Dec 21 | 786 | 141 | 132 | 0 |
| 30 Sep 21 | 258 | 178 | -35 | 0 |
| 30 Jun 21 | 493 | 186 | 12 | 0 |
| 31 Mar 21 | 599 | 149 | 53 | 0 |
| 31 Dec 20 | 767 | 124 | 120 | 0 |
| 30 Sep 20 | 1,429 | 68 | 326 | 0 |
| 30 Jun 20 | 1,384 | 65 | 342 | 0 |
| 31 Mar 20 | 1,478 | 77 | 364 | 0 |
| 31 Dec 19 | 668 | 86 | 105 | 0 |
| 30 Sep 19 | 1,452 | 103 | 366 | 0 |
| 30 Jun 19 | 1,454 | 80 | 361 | 0 |
| 31 Mar 19 | 1,401 | 59 | 354 | 0 |
| 31 Dec 18 | 1,400 | 51 | 348 | 0 |
| 30 Sep 18 | 1,392 | 73 | 343 | 0 |
| 30 Jun 18 | 1,366 | 80 | 339 | 0 |
| 31 Mar 18 | 1,357 | 90 | 336 | 0 |
| 31 Dec 17 | 1,347 | 79 | 333 | 0 |
| 30 Sep 17 | 1,321 | 42 | 335 | 0 |
| 30 Jun 17 | 1,306 | 47 | 338 | 0 |
| 31 Mar 17 | 1,281 | 44 | 339 | 0 |
| 31 Dec 16 | 1,265 | 69 | 334 | 0 |
| 30 Sep 16 | 1,274 | 72 | 310 | 0 |
| 30 Jun 16 | 1,268 | 62 | 303 | 0 |
| 31 Mar 16 | 1,244 | 56 | 297 | 0 |
| 31 Dec 15 | 1,218 | 57 | 313 | 0 |
| 30 Sep 15 | 1,207 | 61 | 303 | 0 |
| 30 Jun 15 | 1,174 | 63 | 294 | 0 |
| 31 Mar 15 | 1,164 | 54 | 280 | 0 |
| 31 Dec 14 | 1,145 | 36 | 269 | 0 |
| 30 Sep 14 | 1,032 | 88 | 220 | 0 |
| 30 Jun 14 | 884 | 37 | 181 | 0 |
| 31 Mar 14 | 731 | 42 | 143 | 0 |
| 31 Dec 13 | 623 | 36 | 104 | 0 |
| 30 Sep 13 | 586 | -9 | 107 | 0 |
| 30 Jun 13 | 576 | 45 | 101 | 0 |
Quality Earnings: VGR has high quality earnings.
Growing Profit Margin: VGR's current net profit margins (19%) are higher than last year (16.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VGR's earnings have grown by 18.9% per year over the past 5 years.
Accelerating Growth: VGR's earnings growth over the past year (16.1%) is below its 5-year average (18.9% per year).
Earnings vs Industry: VGR earnings growth over the past year (16.1%) exceeded the Tobacco industry -0.1%.
Return on Equity
High ROE: VGR's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.