Odfjell Drilling Past Earnings Performance
Past criteria checks 5/6
Odfjell Drilling has been growing earnings at an average annual rate of 25.8%, while the Energy Services industry saw earnings growing at 25.5% annually. Revenues have been declining at an average rate of 3.3% per year. Odfjell Drilling's return on equity is 16.4%, and it has net margins of 31.8%.
Key information
25.8%
Earnings growth rate
25.4%
EPS growth rate
| Energy Services Industry Growth | 1.7% |
| Revenue growth rate | -3.3% |
| Return on equity | 16.4% |
| Net Margin | 31.8% |
| Next Earnings Update | 15 Feb 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Odfjell Drilling 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 Sep 23 | 708 | 225 | 247 | 0 |
| 30 Jun 23 | 686 | 50 | 230 | 0 |
| 31 Mar 23 | 666 | 58 | 217 | 0 |
| 31 Dec 22 | 650 | 75 | 207 | 0 |
| 30 Sep 22 | 626 | 66 | 204 | 0 |
| 30 Jun 22 | 615 | 82 | 204 | 0 |
| 31 Mar 22 | 612 | 86 | 208 | 0 |
| 31 Dec 21 | 572 | 53 | 201 | 0 |
| 30 Sep 21 | 784 | 140 | 265 | 0 |
| 30 Jun 21 | 841 | 131 | 307 | 0 |
| 31 Mar 21 | 847 | 100 | 312 | 0 |
| 31 Dec 20 | 930 | 135 | 344 | 0 |
| 30 Sep 20 | 795 | 38 | 323 | 0 |
| 30 Jun 20 | 799 | 39 | 318 | 0 |
| 31 Mar 20 | 819 | 46 | 337 | 0 |
| 31 Dec 19 | 823 | 33 | 332 | 0 |
| 30 Sep 19 | 770 | 41 | 312 | 0 |
| 30 Jun 19 | 737 | 29 | 308 | 0 |
| 31 Mar 19 | 725 | 38 | 306 | 0 |
| 31 Dec 18 | 698 | 23 | 316 | 0 |
| 30 Sep 18 | 702 | 20 | 319 | 0 |
| 30 Jun 18 | 699 | 32 | 308 | 0 |
| 31 Mar 18 | 689 | 36 | 294 | 0 |
| 31 Dec 17 | 662 | 35 | 272 | 0 |
| 30 Sep 17 | 640 | -53 | 233 | 0 |
| 30 Jun 17 | 629 | -50 | 211 | 0 |
| 31 Mar 17 | 647 | -52 | 221 | 0 |
| 31 Dec 16 | 657 | -64 | 233 | 0 |
| 30 Sep 16 | 688 | 50 | 261 | 0 |
| 30 Jun 16 | 742 | -123 | 297 | 0 |
| 31 Mar 16 | 845 | -356 | 347 | 0 |
| 31 Dec 15 | 927 | -319 | 382 | 0 |
| 30 Sep 15 | 1,015 | -385 | 422 | 0 |
| 30 Jun 15 | 1,069 | -216 | 467 | 0 |
| 31 Mar 15 | 1,054 | 37 | 473 | 0 |
| 31 Dec 14 | 1,088 | 42 | 501 | 0 |
| 30 Sep 14 | 1,109 | 94 | 531 | 0 |
| 30 Jun 14 | 1,134 | 108 | 540 | 0 |
| 31 Mar 14 | 1,151 | 70 | 544 | 0 |
| 31 Dec 13 | 1,174 | 67 | 547 | 0 |
| 30 Sep 13 | 1,173 | 74 | 538 | 0 |
| 30 Jun 13 | 1,154 | 76 | 516 | 0 |
| 31 Mar 13 | 1,127 | 104 | 505 | 0 |
Quality Earnings: ODLO has high quality earnings.
Growing Profit Margin: ODLO's current net profit margins (31.8%) are higher than last year (10.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ODLO's earnings have grown significantly by 25.8% per year over the past 5 years.
Accelerating Growth: ODLO's earnings growth over the past year (240.2%) exceeds its 5-year average (25.8% per year).
Earnings vs Industry: ODLO earnings growth over the past year (240.2%) exceeded the Energy Services industry 38.2%.
Return on Equity
High ROE: ODLO's Return on Equity (16.4%) is considered low.