WH Smith Past Earnings Performance

Past criteria checks 1/6

WH Smith has been growing earnings at an average annual rate of 10.5%, while the Specialty Retail industry saw earnings growing at 10.5% annually. Revenues have been growing at an average rate of 8.4% per year. WH Smith's return on equity is 22%, and it has net margins of 3.4%.

Key information

10.5%

Earnings growth rate

7.1%

EPS growth rate

Specialty Retail Industry Growth4.1%
Revenue growth rate8.4%
Return on equity22.0%
Net Margin3.4%
Last Earnings Update29 Feb 2024

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

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


Earnings and Revenue History

DB:21Q0 Revenue, expenses and earnings (GBP Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
29 Feb 241,860649780
30 Nov 231,827729610
31 Aug 231,793799430
31 May 231,722739080
28 Feb 231,651678720
30 Nov 221,526578100
31 Aug 221,400477470
31 May 221,23766870
28 Feb 221,074-356270
30 Nov 21980-585920
31 Aug 21886-825570
31 May 21790-2017220
28 Feb 21694-3218870
30 Nov 20858-2807590
31 Aug 201,021-2396300
31 May 201,235-686600
29 Feb 201,4491026900
30 Nov 191,4231046910
31 Aug 191,3971066910
31 May 191,356996550
28 Feb 191,314926180
30 Nov 181,2881006180
31 Aug 181,2621086180
31 May 181,2481115590
28 Feb 181,2341144990
30 Nov 171,2341155470
31 Aug 171,2341165950
31 May 171,2281146340
28 Feb 171,2221116730
30 Nov 161,2171106260
31 Aug 161,2121085790
31 May 161,2061085690
29 Feb 161,2001075590
30 Nov 151,1891045590
31 Aug 151,1781015580
31 May 151,169995530
28 Feb 151,159965470
30 Nov 141,160945470
31 Aug 141,161925470
31 May 141,161895500
28 Feb 141,161855520
30 Nov 131,174835520

Quality Earnings: 21Q0 has a large one-off loss of £30.0M impacting its last 12 months of financial results to 29th February, 2024.

Growing Profit Margin: 21Q0's current net profit margins (3.4%) are lower than last year (4.1%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 21Q0's earnings have grown by 10.5% per year over the past 5 years.

Accelerating Growth: 21Q0's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 21Q0 had negative earnings growth (-4.5%) over the past year, making it difficult to compare to the Specialty Retail industry average (77.9%).


Return on Equity

High ROE: Whilst 21Q0's Return on Equity (21.99%) is high, this metric is skewed due to their high level of debt.


Return on Assets


Return on Capital Employed


Discover strong past performing companies