NEC Past Earnings Performance
Past criteria checks 5/6
NEC has been growing earnings at an average annual rate of 14.4%, while the IT industry saw earnings growing at 13% annually. Revenues have been growing at an average rate of 3% per year. NEC's return on equity is 7.9%, and it has net margins of 4.3%.
Key information
14.4%
Earnings growth rate
13.8%
EPS growth rate
| IT Industry Growth | 14.0% |
| Revenue growth rate | 3.0% |
| Return on equity | 7.9% |
| Net Margin | 4.3% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How NEC 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 Mar 24 | 3,477,262 | 149,521 | 814,013 | 0 |
| 31 Dec 23 | 3,437,035 | 122,171 | 812,966 | 0 |
| 30 Sep 23 | 3,406,448 | 123,441 | 806,602 | 0 |
| 30 Jun 23 | 3,359,891 | 120,974 | 798,813 | 0 |
| 31 Mar 23 | 3,313,018 | 114,500 | 793,700 | 0 |
| 31 Dec 22 | 3,186,998 | 142,713 | 788,072 | 0 |
| 30 Sep 22 | 3,086,661 | 131,908 | 777,050 | 0 |
| 30 Jun 22 | 3,021,823 | 127,189 | 772,602 | 0 |
| 31 Mar 22 | 3,014,095 | 141,277 | 762,970 | 0 |
| 31 Dec 21 | 3,045,943 | 120,003 | 764,739 | 0 |
| 30 Sep 21 | 3,061,798 | 151,940 | 754,382 | 0 |
| 30 Jun 21 | 3,058,235 | 154,834 | 742,568 | 0 |
| 31 Mar 21 | 2,994,023 | 149,606 | 731,691 | 0 |
| 31 Dec 20 | 2,964,056 | 105,307 | 731,767 | 0 |
| 30 Sep 20 | 2,961,271 | 81,813 | 739,403 | 0 |
| 30 Jun 20 | 3,029,108 | 91,700 | 746,868 | 0 |
| 31 Mar 20 | 3,095,234 | 99,967 | 752,690 | 0 |
| 31 Dec 19 | 3,054,407 | 81,219 | 745,205 | 0 |
| 30 Sep 19 | 3,026,015 | 59,678 | 744,631 | 0 |
| 30 Jun 19 | 2,954,339 | 48,700 | 741,161 | 0 |
| 31 Mar 19 | 2,913,446 | 39,675 | 741,893 | 0 |
| 31 Dec 18 | 2,907,818 | 35,940 | 736,182 | 0 |
| 30 Sep 18 | 2,892,860 | 36,212 | 736,493 | 0 |
| 30 Jun 18 | 2,874,953 | 32,279 | 733,143 | 0 |
| 31 Mar 18 | 2,844,447 | 45,870 | 728,849 | 0 |
| 31 Dec 17 | 2,841,848 | 47,738 | 720,064 | 0 |
| 30 Sep 17 | 2,751,984 | 33,009 | 710,706 | 0 |
| 30 Jun 17 | 2,728,788 | 55,245 | 700,562 | 0 |
| 31 Mar 17 | 2,665,035 | 27,310 | 698,171 | 0 |
| 31 Dec 16 | 2,666,554 | 65,561 | 563,454 | 117,965 |
| 30 Sep 16 | 2,714,111 | 81,649 | 573,576 | 117,965 |
| 30 Jun 16 | 2,753,293 | 58,661 | 593,611 | 117,965 |
| 31 Mar 16 | 2,821,181 | 68,749 | 607,111 | 117,965 |
| 31 Dec 15 | 2,882,589 | 34,881 | 637,734 | 128,742 |
| 30 Sep 15 | 2,918,825 | 45,065 | 646,039 | 128,742 |
| 30 Jun 15 | 2,923,407 | 57,386 | 779,396 | 0 |
| 31 Mar 15 | 2,935,517 | 57,302 | 648,816 | 128,742 |
| 31 Dec 14 | 2,961,623 | 71,591 | 639,014 | 137,662 |
| 30 Sep 14 | 2,984,834 | 72,347 | 643,401 | 137,662 |
| 30 Jun 14 | 3,001,669 | 45,118 | 654,553 | 137,662 |
| 31 Mar 14 | 3,043,114 | 33,742 | 677,755 | 137,662 |
| 31 Dec 13 | 2,985,284 | 3,890 | 657,993 | 147,036 |
| 30 Sep 13 | 3,006,904 | -3,714 | 663,910 | 147,036 |
| 30 Jun 13 | 3,080,222 | 26,818 | 665,330 | 147,036 |
Quality Earnings: NEC1 has high quality earnings.
Growing Profit Margin: NEC1's current net profit margins (4.3%) are higher than last year (3.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NEC1's earnings have grown by 14.4% per year over the past 5 years.
Accelerating Growth: NEC1's earnings growth over the past year (30.6%) exceeds its 5-year average (14.4% per year).
Earnings vs Industry: NEC1 earnings growth over the past year (30.6%) exceeded the IT industry -0.2%.
Return on Equity
High ROE: NEC1's Return on Equity (7.9%) is considered low.