Definity Financial Past Earnings Performance
Past criteria checks 5/6
Definity Financial has been growing earnings at an average annual rate of 39.3%, while the Insurance industry saw earnings growing at 4.4% annually. Revenues have been growing at an average rate of 10.8% per year. Definity Financial's return on equity is 11.8%, and it has net margins of 9.1%.
Key information
39.3%
Earnings growth rate
33.1%
EPS growth rate
| Insurance Industry Growth | 5.9% |
| Revenue growth rate | 10.8% |
| Return on equity | 11.8% |
| Net Margin | 9.1% |
| Next Earnings Update | 09 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Definity Financial 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 | 3,862 | 350 | 0 | 0 |
| 30 Sep 23 | 4,008 | 450 | 435 | 0 |
| 30 Jun 23 | 3,977 | 534 | 435 | 0 |
| 31 Mar 23 | 3,689 | 386 | 435 | 0 |
| 31 Dec 22 | 3,049 | 111 | 0 | 0 |
| 30 Sep 22 | 2,878 | -40 | 107 | 0 |
| 30 Jun 22 | 2,797 | -23 | 204 | 0 |
| 31 Mar 22 | 2,819 | 98 | 302 | 0 |
| 31 Dec 21 | 2,963 | 213 | 392 | 0 |
| 30 Sep 21 | 2,875 | 246 | 377 | 0 |
| 30 Jun 21 | 2,795 | 239 | 365 | 0 |
| 31 Mar 21 | 2,692 | 216 | 351 | 0 |
| 31 Dec 20 | 2,582 | 154 | 345 | 0 |
| 31 Dec 19 | 2,498 | 17 | 310 | 0 |
| 31 Dec 18 | 2,426 | -73 | 369 | 0 |
Quality Earnings: XR6 has high quality earnings.
Growing Profit Margin: XR6's current net profit margins (9.1%) are higher than last year (3.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: XR6 has become profitable over the past 5 years, growing earnings by 39.3% per year.
Accelerating Growth: XR6's earnings growth over the past year (215.7%) exceeds its 5-year average (39.3% per year).
Earnings vs Industry: XR6 earnings growth over the past year (215.7%) exceeded the Insurance industry 10%.
Return on Equity
High ROE: XR6's Return on Equity (11.8%) is considered low.