Grainger Past Earnings Performance

Past criteria checks 1/6

Grainger has been growing earnings at an average annual rate of 8.8%, while the Real Estate industry saw earnings growing at 2.8% annually. Revenues have been growing at an average rate of 3.5% per year. Grainger's return on equity is 1.3%, and it has net margins of 9.6%.

Key information

8.8%

Earnings growth rate

0.1%

EPS growth rate

Real Estate Industry Growth	-2.1%
Revenue growth rate	3.5%
Return on equity	1.3%
Net Margin	9.6%
Next Earnings Update	16 May 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

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

Earnings and Revenue History

DB:1U4 Revenue, expenses and earnings (GBP Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 23	267	26	36
30 Jun 23	265	92	36
31 Mar 23	263	159	36
31 Dec 22	271	194	36
30 Sep 22	279	229	36
30 Jun 22	277	190	32
31 Mar 22	274	151	29
31 Dec 21	262	130	31
30 Sep 21	249	110	33
30 Jun 21	239	93	35
31 Mar 21	228	77	37
31 Dec 20	221	80	34
30 Sep 20	214	83	31
30 Jun 20	208	99	30
31 Mar 20	203	106	30
31 Dec 19	213	110	30
30 Sep 19	223	115	30
30 Jun 19	233	105	31
31 Mar 19	242	95	32
31 Dec 18	257	91	32
30 Sep 18	271	87	32
30 Jun 18	277	85	32
31 Mar 18	283	82	31
31 Dec 17	274	78	31
30 Sep 17	265	74	31
30 Jun 17	246	76	32
31 Mar 17	228	78	32
31 Dec 16	224	76	34
30 Sep 16	220	75	35
30 Jun 16	209	64	36
31 Mar 16	199	54	37
31 Dec 15	196	49	36
30 Sep 15	193	44	35
30 Jun 15	134	47	33
31 Mar 15	75	50	30
31 Dec 14	118	63	33
30 Sep 14	162	75	35
30 Jun 14	221	81	37
31 Mar 14	281	88	39
31 Dec 13	223	71	36
30 Sep 13	165	54	34
30 Jun 13	162	26	33

Quality Earnings: 1U4 has a large one-off loss of £65.7M impacting its last 12 months of financial results to 30th September, 2023.

Growing Profit Margin: 1U4's current net profit margins (9.6%) are lower than last year (82.2%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 1U4's earnings have grown by 8.8% per year over the past 5 years.

Accelerating Growth: 1U4's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 1U4 had negative earnings growth (-88.8%) over the past year, making it difficult to compare to the Real Estate industry average (-15.7%).

Grainger Past Earnings Performance

Past criteria checks 1/6

Key information

Recent past performance updates

Full year 2023 earnings released: EPS: UK£0.035 (vs UK£0.31 in FY 2022)

Grainger plc to Report Fiscal Year 2024 Results on Nov 21, 2024

First half 2023 earnings released: EPS: UK£0.006 (vs UK£0.10 in 1H 2022)

Full year 2022 earnings released: EPS: UK£0.31 (vs UK£0.16 in FY 2021)

Grainger plc to Report First Half, 2023 Results on May 11, 2023

First half 2022 earnings released

Recent updates

Upcoming dividend of UK£0.044 per share at 2.5% yield

Full year 2023 earnings released: EPS: UK£0.035 (vs UK£0.31 in FY 2022)

Grainger plc to Report Fiscal Year 2024 Results on Nov 21, 2024

Less than half of directors are independent

Investor sentiment improves as stock rises 16%

Investor sentiment improves as stock rises 15%

Upcoming dividend of UK£0.023 per share at 2.3% yield

First half 2023 earnings released: EPS: UK£0.006 (vs UK£0.10 in 1H 2022)

Grainger plc Provides Sales Guidance for the Second Half of Fiscal 2023

Grainger plc Appoints Michael Brodtman as Director

Upcoming dividend of UK£0.039 per share

Full year 2022 earnings released: EPS: UK£0.31 (vs UK£0.16 in FY 2021)

Grainger plc Appoints Carol Hui as Chairman of New Board-Level Responsible Business Committee

Grainger plc to Report First Half, 2023 Results on May 11, 2023

Grainger plc Appoints Michael Brodtman to Board as Non-Executive Director, Effective on 1 January 2023

Investor sentiment deteriorated over the past week

Upcoming dividend of UK£0.021 per share

First half 2022 earnings released

Grainger plc Announces Interim Dividend, Payable on 1 July 2022

Upcoming dividend of UK£0.033 per share

Full year 2021 earnings released: EPS UK£0.16 (vs UK£0.14 in FY 2020)

Grainger plc has completed a Follow-on Equity Offering in the amount of £208.876044 million.

Grainger plc (LSE:GRI) acquired The Forge, a stabilised income producing Build-to-Rent asset in Newcastle from Moorfield Real Estate Fund III, managed by Moorfield Investment Management Limited for £57 million.

Upcoming dividend of UK£0.018 per share

First half 2021 earnings released: EPS UK£0.06 (vs UK£0.064 in 1H 2020)

Grainger plc Announces Executive Changes

Upcoming Dividend of UK£0.036 Per Share

New 90-day low: €3.00

CFO & Executive Director recently sold €86k worth of stock

Full year 2020 earnings released: EPS UK£0.14

Grainger plc to Report Fiscal Year 2021 Results on Nov 18, 2021

Grainger plc, Annual General Meeting, Feb 10, 2021

New 90-day low: €3.04

Grainger plc Announces Resignation of Vanessa Simms as Chief Financial Officer

Grainger plc Receives Approval for New Rental Homes by Southall Station

New 90-day high - €3.53

New 90-day high - €3.45

Grainger plc (LSE:GRI) agreed to forward fund and acquire 98-home, PRS scheme at Guildford Station for £37 million.

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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