Euronav Past Earnings Performance
Past criteria checks 5/6
Euronav has been growing earnings at an average annual rate of 23.5%, while the Oil and Gas industry saw earnings growing at 22.5% annually. Revenues have been growing at an average rate of 3.4% per year. Euronav's return on equity is 36.4%, and it has net margins of 69.5%.
Key information
23.5%
Earnings growth rate
24.6%
EPS growth rate
| Oil and Gas Industry Growth | 21.8% |
| Revenue growth rate | 3.4% |
| Return on equity | 36.4% |
| Net Margin | 69.5% |
| Next Earnings Update | 08 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Euronav 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 23 | 1,235 | 858 | 59 | 0 |
| 30 Sep 23 | 1,335 | 687 | 50 | 0 |
| 30 Jun 23 | 1,280 | 588 | 51 | 0 |
| 31 Mar 23 | 1,080 | 422 | 53 | 0 |
| 31 Dec 22 | 855 | 203 | 47 | 0 |
| 30 Sep 22 | 604 | -104 | 43 | 0 |
| 30 Jun 22 | 475 | -226 | 35 | 0 |
| 31 Mar 22 | 425 | -311 | 32 | 0 |
| 31 Dec 21 | 420 | -339 | 29 | 0 |
| 30 Sep 21 | 455 | -325 | 59 | 0 |
| 30 Jun 21 | 567 | -173 | 19 | 0 |
| 31 Mar 21 | 928 | 177 | 60 | 0 |
| 31 Dec 20 | 1,210 | 473 | 34 | 0 |
| 30 Sep 20 | 1,447 | 686 | 63 | 0 |
| 30 Jun 20 | 1,382 | 617 | 59 | 0 |
| 31 Mar 20 | 1,116 | 318 | 64 | 0 |
| 31 Dec 19 | 915 | 112 | 41 | 0 |
| 30 Sep 19 | 813 | -42 | 62 | 0 |
| 30 Jun 19 | 799 | -77 | 67 | 0 |
| 31 Mar 19 | 734 | -51 | 67 | 0 |
| 31 Dec 18 | 600 | -110 | 57 | 0 |
| 30 Sep 18 | 482 | -91 | 64 | 0 |
| 30 Jun 18 | 426 | -60 | 56 | 0 |
| 31 Mar 18 | 447 | -72 | 50 | 0 |
| 31 Dec 17 | 513 | 1 | 47 | 0 |
| 30 Sep 17 | 542 | 32 | 45 | 0 |
| 30 Jun 17 | 570 | 60 | 45 | 0 |
| 31 Mar 17 | 634 | 125 | 44 | 0 |
| 31 Dec 16 | 684 | 204 | 44 | 0 |
| 30 Sep 16 | 764 | 259 | 49 | 0 |
| 30 Jun 16 | 834 | 331 | 47 | 0 |
| 31 Mar 16 | 857 | 383 | 47 | 0 |
| 31 Dec 15 | 847 | 350 | 46 | 0 |
| 30 Sep 15 | 766 | 242 | 42 | 0 |
| 30 Jun 15 | 689 | 149 | 44 | 0 |
| 31 Mar 15 | 572 | 34 | 42 | 0 |
| 31 Dec 14 | 474 | -46 | 41 | 0 |
| 30 Sep 14 | 409 | -65 | 44 | 0 |
| 30 Jun 14 | 352 | -72 | 44 | 0 |
| 31 Mar 14 | 429 | -78 | 0 | 0 |
| 31 Dec 13 | 305 | -90 | 27 | 0 |
| 30 Sep 13 | 220 | -130 | 1 | 0 |
| 30 Jun 13 | 243 | -138 | 1 | 0 |
Quality Earnings: 0K9A has a large one-off gain of $372.4M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: 0K9A's current net profit margins (69.5%) are higher than last year (23.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 0K9A has become profitable over the past 5 years, growing earnings by 23.5% per year.
Accelerating Growth: 0K9A's earnings growth over the past year (322.2%) exceeds its 5-year average (23.5% per year).
Earnings vs Industry: 0K9A earnings growth over the past year (322.2%) exceeded the Oil and Gas industry -42.1%.
Return on Equity
High ROE: 0K9A's Return on Equity (36.4%) is considered high.