MPC Container Ships Past Earnings Performance
Past criteria checks 2/6
MPC Container Ships has been growing earnings at an average annual rate of 65%, while the Shipping industry saw earnings growing at 51.6% annually. Revenues have been growing at an average rate of 34.8% per year. MPC Container Ships's return on equity is 43.1%, and it has net margins of 45.7%.
Key information
65.0%
Earnings growth rate
63.3%
EPS growth rate
| Shipping Industry Growth | 61.1% |
| Revenue growth rate | 34.8% |
| Return on equity | 43.1% |
| Net Margin | 45.7% |
| Next Earnings Update | 28 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How MPC Container Ships 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 Dec 23 | 711 | 325 | 15 | 0 |
| 30 Sep 23 | 721 | 393 | 15 | 0 |
| 30 Jun 23 | 697 | 449 | 14 | 0 |
| 31 Mar 23 | 654 | 438 | 13 | 0 |
| 31 Dec 22 | 617 | 435 | 14 | 0 |
| 30 Sep 22 | 597 | 459 | 18 | 0 |
| 30 Jun 22 | 556 | 381 | 22 | 0 |
| 31 Mar 22 | 473 | 303 | 21 | 0 |
| 31 Dec 21 | 385 | 190 | 20 | 0 |
| 30 Sep 21 | 288 | 44 | 13 | 0 |
| 30 Jun 21 | 210 | -21 | 9 | 0 |
| 31 Mar 21 | 181 | -50 | 8 | 0 |
| 31 Dec 20 | 172 | -64 | 8 | 0 |
| 30 Sep 20 | 171 | -60 | 8 | 0 |
| 30 Jun 20 | 175 | -54 | 9 | 0 |
| 31 Mar 20 | 184 | -43 | 9 | 0 |
| 31 Dec 19 | 185 | -40 | 9 | 0 |
| 30 Sep 19 | 193 | -31 | 9 | 0 |
| 30 Jun 19 | 203 | -18 | 9 | 0 |
| 31 Mar 19 | 202 | -10 | 9 | 0 |
| 31 Dec 18 | 183 | -2 | 9 | 0 |
| 30 Sep 18 | 144 | 1 | 8 | 0 |
| 30 Jun 18 | 95 | 0 | 5 | 0 |
| 31 Mar 18 | 49 | -2 | 3 | 0 |
| 31 Dec 17 | 21 | -3 | 2 | 0 |
Quality Earnings: MP2 has a large one-off loss of $81.5M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: MP2's current net profit margins (45.7%) are lower than last year (70.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MP2 has become profitable over the past 5 years, growing earnings by 65% per year.
Accelerating Growth: MP2's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MP2 had negative earnings growth (-25.3%) over the past year, making it difficult to compare to the Shipping industry average (6.9%).
Return on Equity
High ROE: MP2's Return on Equity (43.1%) is considered outstanding.