Warehouses Estates Belgium S.C.A Past Earnings Performance
Past criteria checks 0/6
Warehouses Estates Belgium S.C.A's earnings have been declining at an average annual rate of -0.4%, while the REITs industry saw earnings growing at 11.1% annually. Revenues have been growing at an average rate of 9.4% per year. Warehouses Estates Belgium S.C.A's return on equity is 3.8%, and it has net margins of 23.8%.
Key information
-0.4%
Earnings growth rate
-0.5%
EPS growth rate
| REITs Industry Growth | 12.2% |
| Revenue growth rate | 9.4% |
| Return on equity | 3.8% |
| Net Margin | 23.8% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Warehouses Estates Belgium S.C.A 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 | 28 | 7 | 2 | 0 |
| 31 Mar 24 | 27 | 8 | 2 | 0 |
| 31 Dec 23 | 26 | 9 | 2 | 0 |
| 30 Sep 23 | 25 | 10 | 2 | 0 |
| 30 Jun 23 | 25 | 11 | 2 | 0 |
| 31 Mar 23 | 24 | 12 | 2 | 0 |
| 31 Dec 22 | 24 | 12 | 2 | 0 |
| 30 Sep 22 | 23 | 14 | 1 | 0 |
| 30 Jun 22 | 22 | 17 | 1 | 0 |
| 31 Mar 22 | 22 | 15 | 1 | 0 |
| 31 Dec 21 | 21 | 14 | 1 | 0 |
| 30 Sep 21 | 21 | 15 | 1 | 0 |
| 30 Jun 21 | 22 | 16 | 2 | 0 |
| 31 Mar 21 | 22 | 13 | 2 | 0 |
| 31 Dec 20 | 20 | 9 | 3 | 0 |
| 30 Sep 20 | 21 | 8 | 3 | 0 |
| 30 Jun 20 | 22 | 6 | 3 | 0 |
| 31 Mar 20 | 22 | 8 | 2 | 0 |
| 31 Dec 19 | 22 | 10 | 2 | 0 |
| 31 Dec 18 | 20 | 20 | 1 | 0 |
| 31 Mar 18 | 21 | 26 | 1 | 0 |
| 31 Dec 17 | 20 | 22 | 1 | 0 |
| 30 Sep 17 | 20 | 17 | 1 | 0 |
| 30 Jun 17 | 20 | 20 | 1 | 0 |
| 31 Mar 17 | 19 | 22 | 1 | 0 |
| 31 Dec 16 | 19 | 21 | 2 | 0 |
| 30 Sep 16 | 19 | 20 | 2 | 0 |
| 30 Jun 16 | 19 | 17 | 2 | 0 |
| 31 Mar 16 | 18 | 14 | 2 | 0 |
| 31 Dec 15 | 18 | 14 | 2 | 0 |
| 30 Sep 15 | 19 | 14 | 1 | 0 |
| 30 Jun 15 | 19 | 13 | 1 | 0 |
| 31 Mar 15 | 19 | 13 | 2 | 0 |
| 31 Dec 14 | 19 | 12 | 1 | 0 |
| 30 Sep 14 | 18 | 11 | 1 | 0 |
| 30 Jun 14 | 18 | 14 | 1 | 0 |
| 31 Mar 14 | 18 | 16 | 1 | 0 |
| 31 Dec 13 | 18 | 17 | 1 | 0 |
Quality Earnings: WPK has a large one-off loss of €5.3M impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: WPK's current net profit margins (23.8%) are lower than last year (46.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: WPK's earnings have declined by 0.4% per year over the past 5 years.
Accelerating Growth: WPK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: WPK had negative earnings growth (-42.2%) over the past year, making it difficult to compare to the REITs industry average (7.5%).
Return on Equity
High ROE: WPK's Return on Equity (3.8%) is considered low.