Ocean Bio-Chem Past Earnings Performance
Past criteria checks 1/6
Ocean Bio-Chem has been growing earnings at an average annual rate of 27.8%, while the Household Products industry saw earnings growing at 15.6% annually. Revenues have been growing at an average rate of 12.7% per year. Ocean Bio-Chem's return on equity is 10.2%, and it has net margins of 7.7%.
Key information
27.8%
Earnings growth rate
27.1%
EPS growth rate
| Household Products Industry Growth | 2.6% |
| Revenue growth rate | 12.7% |
| Return on equity | 10.2% |
| Net Margin | 7.7% |
| Last Earnings Update | 30 Jun 2022 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Ocean Bio-Chem 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 22 | 63 | 5 | 14 | 0 |
| 31 Mar 22 | 64 | 8 | 14 | 0 |
| 31 Dec 21 | 64 | 8 | 13 | 0 |
| 30 Sep 21 | 63 | 9 | 13 | 0 |
| 30 Jun 21 | 61 | 10 | 12 | 0 |
| 31 Mar 21 | 61 | 11 | 12 | 0 |
| 31 Dec 20 | 56 | 10 | 11 | 0 |
| 30 Sep 20 | 52 | 9 | 11 | 0 |
| 30 Jun 20 | 46 | 6 | 11 | 0 |
| 31 Mar 20 | 41 | 3 | 11 | 0 |
| 31 Dec 19 | 42 | 3 | 11 | 0 |
| 30 Sep 19 | 41 | 3 | 11 | 0 |
| 30 Jun 19 | 42 | 3 | 11 | 0 |
| 31 Mar 19 | 42 | 3 | 11 | 0 |
| 31 Dec 18 | 42 | 3 | 11 | 0 |
| 30 Sep 18 | 42 | 3 | 11 | 0 |
| 30 Jun 18 | 40 | 3 | 11 | 0 |
| 31 Mar 18 | 38 | 3 | 10 | 0 |
| 31 Dec 17 | 38 | 3 | 10 | 0 |
| 30 Sep 17 | 38 | 3 | 10 | 0 |
| 30 Jun 17 | 39 | 3 | 10 | 0 |
| 31 Mar 17 | 38 | 3 | 10 | 0 |
| 31 Dec 16 | 36 | 2 | 10 | 0 |
| 30 Sep 16 | 36 | 2 | 10 | 0 |
| 30 Jun 16 | 35 | 0 | 9 | 0 |
| 31 Mar 16 | 35 | 0 | 10 | 0 |
| 31 Dec 15 | 34 | 0 | 9 | 0 |
| 30 Sep 15 | 34 | 1 | 9 | 0 |
Quality Earnings: OBC has a high level of non-cash earnings.
Growing Profit Margin: OBC's current net profit margins (7.7%) are lower than last year (16.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: OBC's earnings have grown significantly by 27.8% per year over the past 5 years.
Accelerating Growth: OBC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: OBC had negative earnings growth (-51.4%) over the past year, making it difficult to compare to the Household Products industry average (67.4%).
Return on Equity
High ROE: OBC's Return on Equity (10.2%) is considered low.