Argo Group Past Earnings Performance
Past criteria checks 1/6
Argo Group's earnings have been declining at an average annual rate of -46.4%, while the Capital Markets industry saw earnings growing at 15.3% annually. Revenues have been declining at an average rate of 18.3% per year. Argo Group's return on equity is 1.4%, and it has net margins of 9.7%.
Key information
-46.4%
Earnings growth rate
-46.0%
EPS growth rate
| Capital Markets Industry Growth | 16.3% |
| Revenue growth rate | -18.3% |
| Return on equity | 1.4% |
| Net Margin | 9.7% |
| Last Earnings Update | 30 Jun 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Argo Group 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 | 3 | 0 | 2 | 0 |
| 31 Mar 23 | 3 | -2 | 2 | 0 |
| 31 Dec 22 | 3 | -3 | 2 | 0 |
| 30 Sep 22 | 3 | -3 | 2 | 0 |
| 30 Jun 22 | 4 | -3 | 2 | 0 |
| 31 Mar 22 | 4 | -1 | 2 | 0 |
| 31 Dec 21 | 4 | 0 | 2 | 0 |
| 30 Sep 21 | 4 | 1 | 2 | 0 |
| 30 Jun 21 | 4 | 1 | 2 | 0 |
| 31 Mar 21 | 3 | 1 | 2 | 0 |
| 31 Dec 20 | 3 | 2 | 2 | 0 |
| 30 Sep 20 | 3 | 0 | 2 | 0 |
| 30 Jun 20 | 3 | -1 | 2 | 0 |
| 31 Mar 20 | 4 | 0 | 2 | 0 |
| 31 Dec 19 | 4 | 1 | 2 | 0 |
| 30 Sep 19 | 5 | 1 | 2 | 0 |
| 30 Jun 19 | 5 | 1 | 2 | 0 |
| 31 Mar 19 | 5 | 0 | 3 | 0 |
| 31 Dec 18 | 5 | -1 | 3 | 0 |
| 30 Sep 18 | 7 | 1 | 2 | 0 |
| 30 Jun 18 | 10 | 3 | 2 | 0 |
| 31 Mar 18 | 10 | 4 | 2 | 0 |
| 31 Dec 17 | 10 | 5 | 2 | 0 |
| 30 Sep 17 | 7 | 1 | 4 | 0 |
| 30 Jun 17 | 5 | -3 | 5 | 0 |
| 31 Mar 17 | 5 | -1 | 3 | 0 |
| 31 Dec 16 | 6 | 1 | 2 | 0 |
| 30 Sep 16 | 7 | 3 | 1 | 0 |
| 30 Jun 16 | 7 | 6 | 1 | 0 |
| 31 Mar 16 | 6 | 1 | 2 | 0 |
| 31 Dec 15 | 6 | -3 | 3 | 0 |
| 30 Sep 15 | 6 | -4 | 4 | 0 |
| 30 Jun 15 | 7 | -6 | 5 | 0 |
| 31 Mar 15 | 7 | -4 | 5 | 0 |
| 31 Dec 14 | 7 | -2 | 6 | 0 |
| 30 Sep 14 | 8 | -1 | 5 | 0 |
| 30 Jun 14 | 8 | 0 | 4 | 0 |
| 31 Mar 14 | 8 | 1 | 4 | 0 |
| 31 Dec 13 | 9 | 2 | 4 | 0 |
| 30 Sep 13 | 9 | 2 | 4 | 0 |
| 30 Jun 13 | 10 | 3 | 4 | 0 |
Quality Earnings: ARGO has a large one-off gain of $736.0K impacting its last 12 months of financial results to 30th June, 2023.
Growing Profit Margin: ARGO became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ARGO's earnings have declined by 46.4% per year over the past 5 years.
Accelerating Growth: ARGO has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ARGO has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (-9%).
Return on Equity
High ROE: ARGO's Return on Equity (1.4%) is considered low.