Altus Power Past Earnings Performance
Past criteria checks 2/6
Altus Power has been growing earnings at an average annual rate of 12.9%, while the Renewable Energy industry saw earnings growing at 27.3% annually. Revenues have been growing at an average rate of 37.5% per year. Altus Power's return on equity is 0.7%, and it has net margins of 13.5%.
Key information
12.9%
Earnings growth rate
-5.4%
EPS growth rate
| Renewable Energy Industry Growth | 36.0% |
| Revenue growth rate | 37.5% |
| Return on equity | 0.7% |
| Net Margin | 13.5% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Altus Power 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 | 172 | 23 | 47 | 0 |
| 31 Mar 24 | 166 | -7 | 52 | 0 |
| 31 Dec 23 | 155 | -9 | 47 | 0 |
| 30 Sep 23 | 148 | 85 | 43 | 0 |
| 30 Jun 23 | 133 | -16 | 40 | 0 |
| 31 Mar 23 | 111 | 1 | 37 | 0 |
| 31 Dec 22 | 101 | 55 | 34 | 0 |
| 30 Sep 22 | 96 | -5 | 28 | 0 |
| 30 Jun 22 | 86 | 90 | 26 | 0 |
| 31 Mar 22 | 79 | 65 | 20 | 0 |
| 31 Dec 21 | 72 | 6 | 17 | 0 |
| 30 Sep 21 | 61 | 9 | 16 | 0 |
| 30 Jun 21 | 54 | 7 | 14 | 0 |
| 31 Mar 21 | 48 | 5 | 12 | 0 |
| 31 Dec 20 | 45 | 7 | 10 | 0 |
| 31 Dec 19 | 37 | -6 | 9 | 0 |
Quality Earnings: 8770 has a large one-off gain of $11.5M impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: 8770 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 8770's earnings have grown by 12.9% per year over the past 5 years.
Accelerating Growth: 8770 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 8770 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Renewable Energy industry (-57.1%).
Return on Equity
High ROE: 8770's Return on Equity (0.7%) is considered low.