Flotek Industries Past Earnings Performance
Past criteria checks 2/6
Flotek Industries has been growing earnings at an average annual rate of 25.8%, while the Chemicals industry saw earnings growing at 12.4% annually. Revenues have been declining at an average rate of 2.2% per year. Flotek Industries's return on equity is 3.6%, and it has net margins of 1.8%.
Key information
25.8%
Earnings growth rate
30.5%
EPS growth rate
| Chemicals Industry Growth | 12.4% |
| Revenue growth rate | -2.2% |
| Return on equity | 3.6% |
| Net Margin | 1.8% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Flotek Industries 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 Sep 23 | 194 | 4 | 27 | 3 |
| 30 Jun 23 | 192 | -16 | 30 | 3 |
| 31 Mar 23 | 171 | -10 | 29 | 4 |
| 31 Dec 22 | 136 | -42 | 27 | 4 |
| 30 Sep 22 | 100 | -39 | 27 | 5 |
| 30 Jun 22 | 65 | -20 | 22 | 5 |
| 31 Mar 22 | 44 | -33 | 19 | 5 |
| 31 Dec 21 | 43 | -31 | 20 | 6 |
| 30 Sep 21 | 43 | -32 | 25 | 6 |
| 30 Jun 21 | 46 | -78 | 23 | 6 |
| 31 Mar 21 | 45 | -81 | 24 | 6 |
| 31 Dec 20 | 53 | -136 | 23 | 7 |
| 30 Sep 20 | 61 | -156 | 22 | 8 |
| 30 Jun 20 | 70 | -122 | 25 | 9 |
| 31 Mar 20 | 96 | -125 | 25 | 9 |
| 31 Dec 19 | 119 | -76 | 28 | 9 |
| 30 Sep 19 | 143 | -29 | 26 | 9 |
| 30 Jun 19 | 175 | -23 | 28 | 9 |
| 31 Mar 19 | 180 | -79 | 30 | 10 |
| 31 Dec 18 | 178 | -73 | 31 | 10 |
| 30 Sep 18 | 133 | -95 | 3 | 11 |
| 30 Jun 18 | 159 | -94 | 16 | 12 |
| 31 Mar 18 | 204 | -26 | 27 | 13 |
| 31 Dec 17 | 243 | -18 | 41 | 13 |
| 30 Sep 17 | 315 | -1 | 86 | 13 |
| 30 Jun 17 | 300 | 0 | 86 | 13 |
| 31 Mar 17 | 279 | 1 | 83 | 11 |
| 31 Dec 16 | 188 | -4 | 44 | 9 |
| 30 Sep 16 | 205 | 17 | 57 | 8 |
| 30 Jun 16 | 228 | 21 | 61 | 7 |
| 31 Mar 16 | 251 | 9 | 66 | 7 |
| 31 Dec 15 | 270 | 7 | 70 | 7 |
| 30 Sep 15 | 382 | 4 | 93 | 7 |
| 30 Jun 15 | 411 | 16 | 91 | 6 |
| 31 Mar 15 | 429 | 40 | 89 | 6 |
| 31 Dec 14 | 320 | 40 | 61 | 5 |
| 30 Sep 14 | 426 | 48 | 81 | 5 |
| 30 Jun 14 | 407 | 43 | 79 | 4 |
| 31 Mar 14 | 395 | 40 | 79 | 4 |
| 31 Dec 13 | 371 | 36 | 77 | 4 |
| 30 Sep 13 | 347 | 48 | 77 | 4 |
| 30 Jun 13 | 327 | 49 | 75 | 4 |
| 31 Mar 13 | 312 | 54 | 70 | 3 |
| 31 Dec 12 | 313 | 50 | 66 | 3 |
Quality Earnings: F2I0 has a large one-off gain of $27.0M impacting its last 12 months of financial results to 30th September, 2023.
Growing Profit Margin: F2I0 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: F2I0 has become profitable over the past 5 years, growing earnings by 25.8% per year.
Accelerating Growth: F2I0 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: F2I0 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Chemicals industry (-34.6%).
Return on Equity
High ROE: F2I0's Return on Equity (3.6%) is considered low.