Gulf Marine Services Past Earnings Performance
Past criteria checks 4/6
Gulf Marine Services has been growing earnings at an average annual rate of 42.5%, while the Energy Services industry saw earnings growing at 17.3% annually. Revenues have been growing at an average rate of 5.5% per year. Gulf Marine Services's return on equity is 12.7%, and it has net margins of 27.3%.
Key information
42.5%
Earnings growth rate
38.7%
EPS growth rate
| Energy Services Industry Growth | 1.7% |
| Revenue growth rate | 5.5% |
| Return on equity | 12.7% |
| Net Margin | 27.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Additional Considerations Required While Assessing Gulf Marine Services' (LON:GMS) Strong Earnings
Apr 25
Why Gulf Marine Services' (LON:GMS) Shaky Earnings Are Just The Beginning Of Its Problems
May 01Recent updates
Additional Considerations Required While Assessing Gulf Marine Services' (LON:GMS) Strong Earnings
Apr 25Gulf Marine Services PLC's (LON:GMS) Price Is Right But Growth Is Lacking After Shares Rocket 26%
Apr 05Gulf Marine Services (LON:GMS) Takes On Some Risk With Its Use Of Debt
Dec 23We Like These Underlying Return On Capital Trends At Gulf Marine Services (LON:GMS)
Oct 16Here's Why Gulf Marine Services (LON:GMS) Has A Meaningful Debt Burden
Sep 19Why Gulf Marine Services' (LON:GMS) Shaky Earnings Are Just The Beginning Of Its Problems
May 01Gulf Marine Services (LON:GMS) Has Some Way To Go To Become A Multi-Bagger
Dec 14Is Gulf Marine Services (LON:GMS) A Risky Investment?
Sep 27Gulf Marine Services (LON:GMS) Will Be Hoping To Turn Its Returns On Capital Around
May 06Returns On Capital Signal Difficult Times Ahead For Gulf Marine Services (LON:GMS)
Jun 02Revenue & Expenses BreakdownBeta
How Gulf Marine Services 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 | 152 | 41 | 15 | 0 |
| 30 Sep 23 | 146 | 31 | 15 | 0 |
| 30 Jun 23 | 141 | 21 | 16 | 0 |
| 31 Mar 23 | 137 | 23 | 15 | 0 |
| 31 Dec 22 | 133 | 25 | 15 | 0 |
| 30 Sep 22 | 132 | 34 | 14 | 0 |
| 30 Jun 22 | 130 | 42 | 13 | 0 |
| 31 Mar 22 | 123 | 37 | 13 | 0 |
| 31 Dec 21 | 115 | 31 | 12 | 0 |
| 30 Sep 21 | 110 | -33 | 12 | 0 |
| 30 Jun 21 | 104 | -97 | 13 | 0 |
| 31 Mar 21 | 103 | -110 | 13 | 0 |
| 31 Dec 20 | 102 | -124 | 13 | 0 |
| 30 Sep 20 | 103 | -110 | 13 | 0 |
| 30 Jun 20 | 104 | -95 | 14 | 0 |
| 31 Mar 20 | 106 | -90 | 16 | 0 |
| 31 Dec 19 | 109 | -86 | 18 | 0 |
| 30 Sep 19 | 115 | -52 | 18 | 0 |
| 30 Jun 19 | 122 | -18 | 17 | 0 |
| 31 Mar 19 | 123 | -12 | 17 | 0 |
| 31 Dec 18 | 123 | -6 | 17 | 0 |
| 30 Sep 18 | 117 | -15 | 17 | 0 |
| 30 Jun 18 | 110 | -24 | 17 | 0 |
| 31 Mar 18 | 112 | -21 | 16 | 0 |
| 31 Dec 17 | 113 | -19 | 15 | 0 |
| 30 Sep 17 | 120 | -8 | 15 | 0 |
| 30 Jun 17 | 128 | 2 | 15 | 0 |
| 31 Mar 17 | 153 | 16 | 18 | 0 |
| 31 Dec 16 | 179 | 30 | 20 | 0 |
| 30 Sep 16 | 206 | 49 | 21 | 0 |
| 30 Jun 16 | 232 | 68 | 22 | 0 |
| 31 Mar 16 | 226 | 71 | 21 | 0 |
| 31 Dec 15 | 220 | 75 | 20 | 0 |
| 30 Sep 15 | 212 | 76 | 13 | 0 |
| 30 Jun 15 | 204 | 77 | 6 | 0 |
| 31 Mar 15 | 200 | 76 | 5 | 0 |
| 31 Dec 14 | 197 | 75 | 5 | 0 |
| 30 Sep 14 | 192 | 72 | 7 | 0 |
| 30 Jun 14 | 188 | 69 | 10 | 0 |
| 31 Mar 14 | 186 | 69 | 9 | 0 |
| 31 Dec 13 | 184 | 68 | 9 | 0 |
Quality Earnings: GMS has a large one-off gain of $33.4M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: GMS's current net profit margins (27.3%) are higher than last year (19%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GMS has become profitable over the past 5 years, growing earnings by 42.5% per year.
Accelerating Growth: GMS's earnings growth over the past year (63.2%) exceeds its 5-year average (42.5% per year).
Earnings vs Industry: GMS earnings growth over the past year (63.2%) exceeded the Energy Services industry 16%.
Return on Equity
High ROE: GMS's Return on Equity (12.7%) is considered low.