Luceco Past Earnings Performance
Past criteria checks 4/6
Luceco's earnings have been declining at an average annual rate of -15%, while the Electrical industry saw earnings declining at 0.5% annually. Revenues have been growing at an average rate of 5.2% per year. Luceco's return on equity is 19.5%, and it has net margins of 7.5%.
Key information
-15.00%
Earnings growth rate
-14.65%
EPS growth rate
| Electrical Industry Growth | 8.55% |
| Revenue growth rate | 5.19% |
| Return on equity | 19.54% |
| Net Margin | 7.48% |
| Next Earnings Update | 22 Sep 2026 |
Recent past performance updates
Recent updates
LUCE: Fair Value Outlook Will Rely On 2026 Dividend And Leadership Transition
Analysts have increased their Luceco fair value estimate from £2.66 to £2.77, reflecting updated assumptions around discount rate, revenue growth, profit margin and a revised future P/E framework. What’s in the News for Luceco Luceco plans a leadership transition, with CEO John Hornby retiring from the Group on 31 December 2026 after 21 years and moving into an advisory role thereafter.LUCE: Steady Fair Value And 2026 Dividend Policy Will Shape Returns
Analysts have lifted their price target on Luceco to £2.66 from £2.16. This reflects updated assumptions for revenue growth, profit margins, a higher future P/E multiple, and a slightly lower discount rate.LUCE: Stable Fair Value And 2026 Dividend Plans Will Support Returns
Analysts have maintained their fair value estimate for Luceco at £2.16 per share, with a slightly higher discount rate and modestly adjusted long run P/E assumptions guiding the updated price target rationale. What's in the News Luceco plc's board has proposed a final dividend of 4.2 pence per share for the year ended 31 December 2025, subject to shareholder approval at the Annual General Meeting on 19 May 2026 (Key Developments).LUCE: Energy Transition Outlook And 2026 Dividend Plans Will Support Steady Returns
Analysts have kept their fair value view on Luceco broadly unchanged, with only minor tweaks to inputs such as the discount rate and future P/E. This has led to a small adjustment in the implied price target, which they attribute to fine tuning of their valuation assumptions rather than a shift in the core outlook.LUCE: Energy Transition Exposure And Dividend Outlook Will Support Steady Future Returns
Analysts have trimmed their price target on Luceco to £2.16, reflecting slightly updated assumptions around the discount rate, revenue growth, profit margins and the future P/E ratio. Their overall view of the company’s fair value remains broadly unchanged.Luceco's (LON:LUCE) Strong Earnings Are Of Good Quality
Luceco plc's ( LON:LUCE ) strong earnings report was rewarded with a positive stock price move. Our analysis found some...LUCE: Energy Transition Exposure And Dividend Policy Will Support Upside Potential
The analyst price target for Luceco has shifted from £1.89 to £2.16. Analysts attribute this change to updated assumptions on fair value, discount rates, revenue growth, profit margins and future P/E.Even With A 29% Surge, Cautious Investors Are Not Rewarding Luceco plc's (LON:LUCE) Performance Completely
Luceco plc ( LON:LUCE ) shareholders have had their patience rewarded with a 29% share price jump in the last month...There Are Reasons To Feel Uneasy About Luceco's (LON:LUCE) Returns On Capital
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...Luceco plc's (LON:LUCE) P/E Is Still On The Mark Following 26% Share Price Bounce
Luceco plc ( LON:LUCE ) shareholders are no doubt pleased to see that the share price has bounced 26% in the last...
New EV Products And Acquisitions Will Unveil Opportunities In Energy Management
New product launches in EV solutions are expected to drive revenue growth by expanding into residential and commercial markets.Luceco plc's (LON:LUCE) Price Is Right But Growth Is Lacking After Shares Rocket 26%
Luceco plc ( LON:LUCE ) shareholders have had their patience rewarded with a 26% share price jump in the last month...Should You Investigate Luceco plc (LON:LUCE) At UK£1.56?
Luceco plc ( LON:LUCE ), is not the largest company out there, but it saw a significant share price rise of 47% in the...Here's What's Concerning About Luceco's (LON:LUCE) Returns On Capital
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...A Look At The Intrinsic Value Of Luceco plc (LON:LUCE)
Key Insights Luceco's estimated fair value is UK£1.17 based on 2 Stage Free Cash Flow to Equity With UK£1.24 share...Be Wary Of Luceco (LON:LUCE) And Its Returns On Capital
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Are Investors Undervaluing Luceco plc (LON:LUCE) By 23%?
How far off is Luceco plc ( LON:LUCE ) from its intrinsic value? Using the most recent financial data, we'll take a...Is Luceco (LON:LUCE) A Risky Investment?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Revenue & Expenses Breakdown
How Luceco 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 25 | 271 | 20 | 84 | 0 |
| 30 Sep 25 | 265 | 17 | 83 | 0 |
| 30 Jun 25 | 259 | 14 | 82 | 0 |
| 31 Mar 25 | 251 | 14 | 78 | 0 |
| 31 Dec 24 | 243 | 15 | 74 | 0 |
| 30 Sep 24 | 230 | 16 | 69 | 0 |
| 30 Jun 24 | 218 | 18 | 64 | 0 |
| 31 Mar 24 | 213 | 18 | 62 | 0 |
| 31 Dec 23 | 209 | 17 | 61 | 0 |
| 30 Sep 23 | 205 | 14 | 60 | 0 |
| 30 Jun 23 | 201 | 12 | 60 | 0 |
| 31 Mar 23 | 204 | 12 | 57 | 0 |
| 31 Dec 22 | 206 | 11 | 55 | 0 |
| 30 Sep 22 | 216 | 14 | 52 | 0 |
| 30 Jun 22 | 226 | 18 | 49 | 0 |
| 31 Mar 22 | 227 | 23 | 48 | 0 |
| 31 Dec 21 | 228 | 27 | 46 | 0 |
| 30 Sep 21 | 221 | 31 | 45 | 0 |
| 30 Jun 21 | 213 | 35 | 44 | 0 |
| 31 Mar 21 | 195 | 31 | 42 | 0 |
| 31 Dec 20 | 176 | 28 | 41 | 0 |
| 30 Sep 20 | 169 | 22 | 42 | 0 |
| 30 Jun 20 | 161 | 16 | 43 | 0 |
| 31 Mar 20 | 167 | 14 | 44 | 0 |
| 31 Dec 19 | 172 | 13 | 45 | 0 |
| 30 Sep 19 | 172 | 12 | 44 | 0 |
| 30 Jun 19 | 172 | 10 | 44 | 0 |
| 31 Mar 19 | 168 | 6 | 43 | 0 |
| 31 Dec 18 | 164 | 2 | 43 | 0 |
| 30 Sep 18 | 166 | 0 | 41 | 0 |
| 30 Jun 18 | 167 | -1 | 40 | 0 |
| 31 Mar 18 | 168 | 5 | 37 | 0 |
| 31 Dec 17 | 168 | 10 | 34 | 0 |
| 30 Sep 17 | 158 | 10 | 32 | 0 |
| 30 Jun 17 | 149 | 9 | 30 | 0 |
| 31 Mar 17 | 141 | 8 | 29 | 0 |
| 31 Dec 16 | 134 | 7 | 29 | 0 |
| 30 Sep 16 | 124 | 7 | 27 | 0 |
| 30 Jun 16 | 115 | 8 | 26 | 0 |
| 31 Mar 16 | 109 | 7 | 24 | 0 |
| 31 Dec 15 | 103 | 6 | 22 | 0 |
Quality Earnings: LUCE has high quality earnings.
Growing Profit Margin: LUCE's current net profit margins (7.5%) are higher than last year (6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: LUCE's earnings have declined by 15% per year over the past 5 years.
Accelerating Growth: LUCE's earnings growth over the past year (39%) exceeds its 5-year average (-15% per year).
Earnings vs Industry: LUCE earnings growth over the past year (39%) exceeded the Electrical industry 16.9%.
Return on Equity
High ROE: LUCE's Return on Equity (19.5%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/17 18:55 |
| End of Day Share Price | 2026/07/17 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Luceco plc is covered by 5 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Edward Hugh Prest | Berenberg |
| Kevin Fogarty | Deutsche Bank |
| Andrew Douglas | Jefferies LLC |