Garo Aktiebolag Past Earnings Performance
Past criteria checks 1/6
Garo Aktiebolag has been growing earnings at an average annual rate of 11.5%, while the Electrical industry saw earnings growing at 8.6% annually. Revenues have been growing at an average rate of 11% per year. Garo Aktiebolag's return on equity is 11.4%, and it has net margins of 5.2%.
Key information
11.5%
Earnings growth rate
11.5%
EPS growth rate
| Electrical Industry Growth | 8.6% |
| Revenue growth rate | 11.0% |
| Return on equity | 11.4% |
| Net Margin | 5.2% |
| Next Earnings Update | 10 Nov 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Garo Aktiebolag 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 23 | 1,415 | 74 | 511 | 0 |
| 31 Mar 23 | 1,379 | 88 | 494 | 0 |
| 31 Dec 22 | 1,391 | 121 | 481 | 0 |
| 30 Sep 22 | 1,417 | 160 | 458 | 0 |
| 30 Jun 22 | 1,394 | 173 | 441 | 0 |
| 31 Mar 22 | 1,386 | 182 | 431 | 0 |
| 31 Dec 21 | 1,296 | 167 | 410 | 0 |
| 30 Sep 21 | 1,235 | 155 | 395 | 0 |
| 30 Jun 21 | 1,189 | 144 | 383 | 0 |
| 31 Mar 21 | 1,088 | 119 | 359 | 0 |
| 31 Dec 20 | 1,046 | 95 | 356 | 0 |
| 30 Sep 20 | 1,015 | 85 | 348 | 0 |
| 30 Jun 20 | 1,004 | 75 | 351 | 0 |
| 31 Mar 20 | 1,012 | 76 | 358 | 0 |
| 31 Dec 19 | 1,011 | 86 | 358 | 0 |
| 30 Sep 19 | 1,004 | 87 | 357 | 0 |
| 30 Jun 19 | 981 | 92 | 350 | 0 |
| 31 Mar 19 | 947 | 88 | 335 | 0 |
| 31 Dec 18 | 906 | 83 | 321 | 0 |
| 30 Sep 18 | 876 | 83 | 313 | 0 |
| 30 Jun 18 | 847 | 84 | 305 | 0 |
| 31 Mar 18 | 824 | 86 | 297 | 0 |
| 31 Dec 17 | 797 | 86 | 283 | 0 |
| 30 Sep 17 | 758 | 81 | 266 | 0 |
| 30 Jun 17 | 723 | 76 | 249 | 0 |
| 31 Mar 17 | 691 | 73 | 233 | 0 |
| 31 Dec 16 | 659 | 57 | 221 | 0 |
| 30 Sep 16 | 629 | 46 | 212 | 0 |
| 30 Jun 16 | 616 | 45 | 205 | 0 |
| 31 Mar 16 | 588 | 39 | 198 | 0 |
| 31 Dec 15 | 557 | 46 | 189 | 0 |
| 31 Dec 14 | 442 | 23 | 166 | 0 |
| 31 Dec 13 | 383 | 15 | 157 | 0 |
Quality Earnings: GAROS has a high level of non-cash earnings.
Growing Profit Margin: GAROS's current net profit margins (5.2%) are lower than last year (12.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GAROS's earnings have grown by 11.5% per year over the past 5 years.
Accelerating Growth: GAROS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GAROS had negative earnings growth (-57.2%) over the past year, making it difficult to compare to the Electrical industry average (-9.7%).
Return on Equity
High ROE: GAROS's Return on Equity (11.4%) is considered low.