BAE Systems Past Earnings Performance
Past criteria checks 2/6
BAE Systems has been growing earnings at an average annual rate of 7.6%, while the Aerospace & Defense industry saw earnings growing at 16.4% annually. Revenues have been growing at an average rate of 6.2% per year. BAE Systems's return on equity is 16.8%, and it has net margins of 7.5%.
Key information
7.6%
Earnings growth rate
8.8%
EPS growth rate
| Aerospace & Defense Industry Growth | 11.8% |
| Revenue growth rate | 6.2% |
| Return on equity | 16.8% |
| Net Margin | 7.5% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How BAE Systems 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 | 24,558 | 1,840 | 7,953 | 0 |
| 31 Mar 24 | 23,818 | 1,849 | 7,947 | 0 |
| 31 Dec 23 | 23,078 | 1,857 | 7,940 | 0 |
| 30 Sep 23 | 22,797 | 1,899 | 7,667 | 0 |
| 30 Jun 23 | 22,516 | 1,941 | 7,393 | 0 |
| 31 Mar 23 | 21,887 | 1,766 | 7,412 | 0 |
| 31 Dec 22 | 21,258 | 1,591 | 7,431 | 0 |
| 30 Sep 22 | 20,590 | 1,482 | 7,029 | 0 |
| 30 Jun 22 | 19,921 | 1,373 | 6,626 | 0 |
| 31 Mar 22 | 19,721 | 1,566 | 6,633 | 0 |
| 31 Dec 21 | 19,521 | 1,758 | 6,640 | 0 |
| 30 Sep 21 | 19,479 | 1,763 | 6,656 | 0 |
| 30 Jun 21 | 19,436 | 1,767 | 6,671 | 0 |
| 31 Mar 21 | 19,357 | 1,533 | 6,676 | 0 |
| 31 Dec 20 | 19,277 | 1,299 | 6,681 | 0 |
| 30 Sep 20 | 19,044 | 1,256 | 6,562 | 0 |
| 30 Jun 20 | 18,811 | 1,213 | 6,442 | 0 |
| 31 Mar 20 | 18,558 | 1,345 | 6,450 | 0 |
| 31 Dec 19 | 18,305 | 1,476 | 6,457 | 0 |
| 30 Sep 19 | 17,820 | 1,400 | 6,333 | 0 |
| 30 Jun 19 | 17,334 | 1,324 | 6,209 | 0 |
| 31 Mar 19 | 17,078 | 1,162 | 6,206 | 0 |
| 31 Dec 18 | 16,821 | 1,000 | 6,203 | 0 |
| 30 Sep 18 | 16,646 | 865 | 6,200 | 0 |
| 30 Jun 18 | 16,470 | 729 | 6,197 | 0 |
| 31 Mar 18 | 16,847 | 778 | 6,213 | 0 |
| 31 Dec 17 | 17,224 | 827 | 6,229 | 0 |
| 30 Sep 17 | 17,826 | 951 | 6,033 | 0 |
| 30 Jun 17 | 18,427 | 1,074 | 5,836 | 0 |
| 31 Mar 17 | 18,109 | 994 | 5,837 | 0 |
| 31 Dec 16 | 17,790 | 913 | 5,838 | 0 |
| 30 Sep 16 | 17,427 | 925 | 5,515 | 0 |
| 30 Jun 16 | 17,064 | 936 | 5,191 | 0 |
| 31 Mar 16 | 16,926 | 927 | 5,196 | 0 |
| 31 Dec 15 | 16,787 | 918 | 5,200 | 0 |
| 30 Sep 15 | 16,548 | 810 | 5,088 | 0 |
| 30 Jun 15 | 16,309 | 701 | 4,975 | 0 |
| 31 Mar 15 | 15,870 | 721 | 4,968 | 0 |
| 31 Dec 14 | 15,430 | 740 | 4,960 | 0 |
| 30 Sep 14 | 15,713 | 463 | 5,081 | 0 |
| 30 Jun 14 | 15,995 | 186 | 5,201 | 0 |
| 31 Mar 14 | 16,430 | 177 | 5,210 | 0 |
| 31 Dec 13 | 16,864 | 168 | 5,219 | 0 |
Quality Earnings: BAL has high quality earnings.
Growing Profit Margin: BAL's current net profit margins (7.5%) are lower than last year (8.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BAL's earnings have grown by 7.6% per year over the past 5 years.
Accelerating Growth: BAL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BAL had negative earnings growth (-5.2%) over the past year, making it difficult to compare to the Aerospace & Defense industry average (34.9%).
Return on Equity
High ROE: BAL's Return on Equity (16.8%) is considered low.