Covivio Hotels Past Earnings Performance
Past criteria checks 1/6
Covivio Hotels has been growing earnings at an average annual rate of 5.8%, while the Hotel and Resort REITs industry saw earnings growing at 26.1% annually. Revenues have been growing at an average rate of 5.9% per year. Covivio Hotels's return on equity is 1.6%, and it has net margins of 17.1%.
Key information
5.8%
Earnings growth rate
1.1%
EPS growth rate
| Hotel and Resort REITs Industry Growth | 11.2% |
| Revenue growth rate | 5.9% |
| Return on equity | 1.6% |
| Net Margin | 17.1% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Covivio Hotels 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 Jun 24 | 350 | 60 | -1 | 0 |
| 31 Mar 24 | 346 | 24 | 0 | 0 |
| 31 Dec 23 | 342 | -12 | 1 | 0 |
| 30 Sep 23 | 344 | 91 | 0 | 0 |
| 30 Jun 23 | 345 | 194 | 0 | 0 |
| 31 Mar 23 | 335 | 336 | -5 | 0 |
| 31 Dec 22 | 325 | 479 | -11 | 0 |
| 30 Sep 22 | 291 | 457 | -5 | 0 |
| 30 Jun 22 | 256 | 436 | 1 | 0 |
| 31 Mar 22 | 236 | 243 | 7 | 0 |
| 31 Dec 21 | 216 | 50 | 13 | 0 |
| 30 Sep 21 | 198 | -82 | 13 | 0 |
| 30 Jun 21 | 180 | -213 | 14 | 0 |
| 31 Mar 21 | 164 | -275 | 14 | 0 |
| 31 Dec 20 | 148 | -337 | 14 | 0 |
| 30 Sep 20 | 199 | -128 | 8 | 0 |
| 30 Jun 20 | 251 | 82 | 1 | 0 |
| 31 Mar 20 | 295 | 217 | 1 | 0 |
| 31 Dec 19 | 339 | 352 | 0 | 0 |
| 30 Sep 19 | 335 | 282 | 0 | 0 |
| 30 Jun 19 | 331 | 211 | 0 | 0 |
| 31 Mar 19 | 323 | 203 | 0 | 0 |
| 31 Dec 18 | 315 | 194 | 0 | 0 |
| 30 Sep 18 | 289 | 197 | 0 | 0 |
| 30 Jun 18 | 263 | 199 | 0 | 0 |
| 31 Mar 18 | 246 | 226 | 0 | 0 |
| 31 Dec 17 | 228 | 252 | 0 | 0 |
| 30 Jun 17 | 196 | 165 | 0 | 0 |
| 31 Mar 17 | 193 | 144 | 0 | 0 |
| 31 Dec 16 | 189 | 123 | 0 | 0 |
| 30 Jun 16 | 211 | 177 | 0 | 0 |
| 31 Mar 16 | 211 | 191 | 0 | 0 |
| 31 Dec 15 | 211 | 204 | 0 | 0 |
| 30 Sep 15 | 208 | 203 | 0 | 0 |
| 30 Jun 15 | 206 | 202 | 0 | 0 |
| 31 Mar 15 | 202 | 150 | 0 | 0 |
| 31 Dec 14 | 199 | 98 | 0 | 0 |
| 30 Sep 14 | 201 | 94 | 0 | 0 |
| 30 Jun 14 | 203 | 90 | 0 | 0 |
| 31 Mar 14 | 207 | 132 | 0 | 0 |
| 31 Dec 13 | 211 | 175 | 0 | 0 |
Quality Earnings: 9FM has a large one-off loss of €131.2M impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: 9FM's current net profit margins (17.1%) are lower than last year (56.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 9FM's earnings have grown by 5.8% per year over the past 5 years.
Accelerating Growth: 9FM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 9FM had negative earnings growth (-69.3%) over the past year, making it difficult to compare to the Hotel and Resort REITs industry average (0.4%).
Return on Equity
High ROE: 9FM's Return on Equity (1.6%) is considered low.