Empiric Student Property Past Earnings Performance
Past criteria checks 1/6
Empiric Student Property has been growing earnings at an average annual rate of 10.5%, while the Residential REITs industry saw earnings growing at 31.7% annually. Revenues have been growing at an average rate of 3% per year. Empiric Student Property's return on equity is 7.3%, and it has net margins of 66.3%.
Key information
10.5%
Earnings growth rate
10.5%
EPS growth rate
| Residential REITs Industry Growth | 14.7% |
| Revenue growth rate | 3.0% |
| Return on equity | 7.3% |
| Net Margin | 66.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Empiric Student Property 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 | 81 | 53 | 13 | 0 |
| 30 Sep 23 | 80 | 38 | 13 | 0 |
| 30 Jun 23 | 79 | 22 | 13 | 0 |
| 31 Mar 23 | 76 | 45 | 13 | 0 |
| 31 Dec 22 | 73 | 68 | 13 | 0 |
| 30 Sep 22 | 69 | 80 | 12 | 0 |
| 30 Jun 22 | 66 | 93 | 11 | 0 |
| 31 Mar 22 | 61 | 61 | 11 | 0 |
| 31 Dec 21 | 56 | 29 | 10 | 0 |
| 30 Sep 21 | 54 | 13 | 10 | 0 |
| 30 Jun 21 | 51 | -3 | 10 | 0 |
| 31 Mar 21 | 55 | -13 | 10 | 0 |
| 31 Dec 20 | 59 | -24 | 10 | 0 |
| 30 Sep 20 | 64 | -6 | 10 | 0 |
| 30 Jun 20 | 69 | 12 | 9 | 0 |
| 31 Mar 20 | 70 | 33 | 9 | 0 |
| 31 Dec 19 | 71 | 55 | 9 | 0 |
| 30 Sep 19 | 70 | 51 | 9 | 0 |
| 30 Jun 19 | 69 | 47 | 9 | 0 |
| 31 Mar 19 | 66 | 44 | 9 | 0 |
| 31 Dec 18 | 64 | 40 | 9 | 0 |
| 30 Sep 18 | 61 | 34 | 9 | 0 |
| 30 Jun 18 | 58 | 28 | 8 | 0 |
| 31 Mar 18 | 55 | 24 | 10 | 0 |
| 31 Dec 17 | 51 | 21 | 11 | 0 |
| 30 Jun 17 | 44 | 31 | 12 | 0 |
| 31 Mar 17 | 38 | 31 | 10 | 0 |
| 31 Dec 16 | 32 | 31 | 9 | 0 |
| 30 Jun 16 | 22 | 28 | 7 | 0 |
| 30 Jun 15 | 6 | 10 | 3 | 0 |
| 31 Dec 14 | 4 | 4 | 2 | 0 |
Quality Earnings: ESPL has a large one-off gain of £29.5M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: ESPL's current net profit margins (66.3%) are lower than last year (92.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ESPL's earnings have grown by 10.5% per year over the past 5 years.
Accelerating Growth: ESPL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ESPL had negative earnings growth (-21.1%) over the past year, making it difficult to compare to the Residential REITs industry average (7.2%).
Return on Equity
High ROE: ESPL's Return on Equity (7.3%) is considered low.