Royalty Pharma Past Earnings Performance
Past criteria checks 3/6
Royalty Pharma's earnings have been declining at an average annual rate of -39.2%, while the Pharmaceuticals industry saw earnings growing at 10.4% annually. Revenues have been growing at an average rate of 5.7% per year. Royalty Pharma's return on equity is 16.9%, and it has net margins of 48.2%.
Key information
-39.2%
Earnings growth rate
-101.6%
EPS growth rate
| Pharmaceuticals Industry Growth | 7.3% |
| Revenue growth rate | 5.7% |
| Return on equity | 16.9% |
| Net Margin | 48.2% |
| Next Earnings Update | 09 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Royalty Pharma 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 | 2,355 | 1,135 | 250 | 52 |
| 30 Sep 23 | 2,324 | 184 | 264 | 102 |
| 30 Jun 23 | 2,361 | 255 | 257 | 77 |
| 31 Mar 23 | 2,359 | 332 | 261 | 77 |
| 31 Dec 22 | 2,237 | 43 | 227 | 177 |
| 30 Sep 22 | 2,247 | 507 | 200 | 230 |
| 30 Jun 22 | 2,259 | 466 | 198 | 295 |
| 31 Mar 22 | 2,278 | 602 | 191 | 298 |
| 31 Dec 21 | 2,289 | 620 | 183 | 200 |
| 30 Sep 21 | 2,286 | 783 | 187 | 104 |
| 30 Jun 21 | 2,239 | 972 | 189 | 19 |
| 31 Mar 21 | 2,195 | 493 | 187 | 21 |
| 31 Dec 20 | 2,122 | 495 | 182 | 26 |
| 30 Sep 20 | 2,008 | 1,745 | 155 | 34 |
| 30 Jun 20 | 1,934 | 1,863 | 130 | 52 |
| 31 Mar 20 | 1,880 | 2,052 | 117 | 68 |
| 31 Dec 19 | 1,814 | 2,349 | 103 | 83 |
| 31 Dec 18 | 1,795 | 1,378 | 62 | 393 |
| 31 Dec 17 | 1,598 | 1,210 | 106 | 118 |
Quality Earnings: RPD has a large one-off gain of $318.0M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: RPD's current net profit margins (48.2%) are higher than last year (1.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RPD's earnings have declined by 39.2% per year over the past 5 years.
Accelerating Growth: RPD's earnings growth over the past year (2549.5%) exceeds its 5-year average (-39.2% per year).
Earnings vs Industry: RPD earnings growth over the past year (2549.5%) exceeded the Pharmaceuticals industry 2.7%.
Return on Equity
High ROE: RPD's Return on Equity (16.9%) is considered low.