Storebrand Past Earnings Performance

Past criteria checks 4/6

Storebrand has been growing earnings at an average annual rate of 2.2%, while the Insurance industry saw earnings growing at 4.4% annually. Revenues have been declining at an average rate of 8.2% per year. Storebrand's return on equity is 10.8%, and it has net margins of 4.1%.

Key information

2.2%

Earnings growth rate

2.5%

EPS growth rate

Insurance Industry Growth5.9%
Revenue growth rate-8.2%
Return on equity10.8%
Net Margin4.1%
Next Earnings Update12 Jul 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How Storebrand makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

DB:SKT Revenue, expenses and earnings (NOK Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2477,8993,2035,2110
31 Dec 2358,5813,3505,1470
30 Sep 2353,7262,9005,0410
30 Jun 2353,4622,6864,8910
31 Mar 2333,5012,3484,6310
31 Dec 22-10,1792,3624,4070
30 Sep 229,2222,7984,8450
30 Jun 2227,3293,0405,1560
31 Mar 2257,8133,7385,4350
31 Dec 21119,1903,1215,7840
30 Sep 21111,1443,0765,4080
30 Jun 21120,7743,2455,2010
31 Mar 21131,3682,5235,0500
31 Dec 2081,0312,3454,9140
30 Sep 2071,3702,1454,8890
30 Jun 2063,2971,8384,8860
31 Mar 2041,6501,8394,9550
31 Dec 1987,4032,0674,8280
30 Sep 1960,1633,2514,7790
30 Jun 1957,7233,3164,6400
31 Mar 1957,0393,4514,5400
31 Dec 1834,9183,6844,5420
30 Sep 1847,4142,3034,6950
30 Jun 1845,2752,4764,6440
31 Mar 1838,7592,6384,4200
31 Dec 1747,3622,3754,2660
30 Sep 1741,4032,5754,0860
30 Jun 1745,3702,3184,0030
31 Mar 1748,1332,2773,7650
31 Dec 1642,0092,1183,7880
30 Sep 1650,8192,0633,6360
30 Jun 1635,0081,6843,5700
31 Mar 1623,9581,2343,8000
31 Dec 1535,3471,1783,7270
30 Sep 1533,2201,2552,9610
30 Jun 1543,8581,5733,0130
31 Mar 1558,5781,8043,0120
31 Dec 1451,3812,0642,9130
30 Sep 1458,1161,7703,0940
30 Jun 1458,4512,0783,1150
31 Mar 1447,7822,1243,1470
31 Dec 1349,6331,9753,2650
30 Sep 1351,0391,6423,7470
30 Jun 1353,7541,2374,0010

Quality Earnings: SKT has high quality earnings.

Growing Profit Margin: SKT's current net profit margins (4.1%) are lower than last year (7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: SKT's earnings have grown by 2.2% per year over the past 5 years.

Accelerating Growth: SKT's earnings growth over the past year (36.4%) exceeds its 5-year average (2.2% per year).

Earnings vs Industry: SKT earnings growth over the past year (36.4%) exceeded the Insurance industry 10%.


Return on Equity

High ROE: SKT's Return on Equity (10.8%) is considered low.


Return on Assets


Return on Capital Employed


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