SOL Past Earnings Performance
Past criteria checks 4/6
SOL has been growing earnings at an average annual rate of 23.2%, while the Chemicals industry saw earnings growing at 4.3% annually. Revenues have been growing at an average rate of 13% per year. SOL's return on equity is 16.9%, and it has net margins of 9.7%.
Key information
23.2%
Earnings growth rate
23.2%
EPS growth rate
| Chemicals Industry Growth | 4.3% |
| Revenue growth rate | 13.0% |
| Return on equity | 16.9% |
| Net Margin | 9.7% |
| Last Earnings Update | 30 Jun 2023 |
Recent past performance updates
No updates
Recent updates
No updates
Revenue & Expenses Breakdown
How SOL 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 | 1,526 | 149 | 0 | 0 |
| 31 Mar 23 | 1,489 | 141 | 0 | 0 |
| 31 Dec 22 | 1,452 | 134 | 0 | 0 |
| 30 Sep 22 | 1,359 | 119 | 0 | 0 |
| 30 Jun 22 | 1,266 | 104 | 0 | 0 |
| 31 Mar 22 | 1,199 | 97 | 0 | 0 |
| 31 Dec 21 | 1,132 | 90 | 0 | 0 |
| 30 Sep 21 | 1,094 | 102 | 0 | 0 |
| 30 Jun 21 | 1,056 | 115 | 0 | 0 |
| 31 Mar 21 | 1,022 | 109 | 0 | 0 |
| 31 Dec 20 | 987 | 103 | 0 | 0 |
| 30 Sep 20 | 966 | 83 | 0 | 0 |
| 30 Jun 20 | 945 | 65 | 0 | 0 |
| 31 Mar 20 | 932 | 59 | 0 | 0 |
| 31 Dec 19 | 919 | 52 | 0 | 0 |
| 30 Sep 19 | 899 | 49 | 0 | 0 |
| 30 Jun 19 | 880 | 49 | 0 | 0 |
| 31 Mar 19 | 863 | 51 | 0 | 0 |
| 31 Dec 18 | 845 | 52 | 0 | 0 |
| 30 Sep 18 | 828 | 52 | 0 | 0 |
| 30 Jun 18 | 810 | 51 | 0 | 0 |
| 31 Mar 18 | 789 | 46 | 0 | 0 |
| 31 Dec 17 | 768 | 40 | 0 | 0 |
| 30 Sep 17 | 752 | 41 | 0 | 0 |
| 30 Jun 17 | 736 | 42 | 0 | 0 |
| 31 Mar 17 | 726 | 43 | 0 | 0 |
| 31 Dec 16 | 715 | 44 | 0 | 0 |
| 30 Sep 16 | 708 | 40 | 0 | 0 |
| 30 Jun 16 | 702 | 35 | 0 | 0 |
| 31 Mar 16 | 695 | 34 | 0 | 0 |
| 31 Dec 15 | 689 | 32 | 0 | 0 |
| 30 Sep 15 | 683 | 31 | 0 | 0 |
| 30 Jun 15 | 677 | 30 | 0 | 0 |
| 31 Mar 15 | 664 | 30 | 0 | 0 |
| 31 Dec 14 | 651 | 29 | 0 | 0 |
| 30 Sep 14 | 636 | 26 | 0 | 0 |
| 30 Jun 14 | 621 | 22 | 0 | 0 |
| 31 Mar 14 | 614 | 22 | 0 | 0 |
| 31 Dec 13 | 606 | 22 | 0 | 0 |
| 30 Sep 13 | 602 | 25 | 0 | 0 |
| 30 Jun 13 | 598 | 29 | 0 | 0 |
| 31 Mar 13 | 595 | 29 | 0 | 0 |
Quality Earnings: SOLM has a large one-off gain of €37.4M impacting its last 12 months of financial results to 30th June, 2023.
Growing Profit Margin: SOLM's current net profit margins (9.7%) are higher than last year (8.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SOLM's earnings have grown significantly by 23.2% per year over the past 5 years.
Accelerating Growth: SOLM's earnings growth over the past year (43.1%) exceeds its 5-year average (23.2% per year).
Earnings vs Industry: SOLM earnings growth over the past year (43.1%) exceeded the Chemicals industry -18.4%.
Return on Equity
High ROE: SOLM's Return on Equity (16.9%) is considered low.