TAQA ArabiaE Past Earnings Performance
Past criteria checks 2/6
TAQA ArabiaE has been growing earnings at an average annual rate of 16%, while the Integrated Utilities industry saw earnings growing at 8.2% annually. Revenues have been growing at an average rate of 16.7% per year. TAQA ArabiaE's return on equity is 21.4%, and it has net margins of 4.1%.
Key information
16.0%
Earnings growth rate
16.0%
EPS growth rate
| Integrated Utilities Industry Growth | 8.1% |
| Revenue growth rate | 16.7% |
| Return on equity | 21.4% |
| Net Margin | 4.1% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How TAQA ArabiaE 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 | 13,464 | 557 | 457 | 0 |
| 30 Sep 23 | 12,859 | 560 | 402 | 0 |
| 30 Jun 23 | 12,100 | 514 | 391 | 0 |
| 31 Mar 23 | 11,414 | 526 | 345 | 0 |
| 31 Dec 22 | 10,728 | 539 | 299 | 0 |
| 31 Dec 21 | 9,102 | 480 | 260 | 0 |
| 31 Dec 20 | 7,924 | 410 | 212 | 0 |
| 31 Dec 19 | 7,724 | 213 | 201 | 0 |
Quality Earnings: TAQA has high quality earnings.
Growing Profit Margin: TAQA's current net profit margins (4.1%) are lower than last year (5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TAQA's earnings have grown by 16% per year over the past 5 years.
Accelerating Growth: TAQA's earnings growth over the past year (3.5%) is below its 5-year average (16% per year).
Earnings vs Industry: TAQA earnings growth over the past year (3.5%) did not outperform the Integrated Utilities industry 11.6%.
Return on Equity
High ROE: Whilst TAQA's Return on Equity (21.41%) is high, this metric is skewed due to their high level of debt.