Tritax Big Box REIT Past Earnings Performance
Past criteria checks 1/6
Tritax Big Box REIT's earnings have been declining at an average annual rate of -22.2%, while the Industrial REITs industry saw earnings growing at 11.4% annually. Revenues have been growing at an average rate of 11.1% per year. Tritax Big Box REIT's return on equity is 2.1%, and it has net margins of 30.6%.
Key information
-22.2%
Earnings growth rate
-22.7%
EPS growth rate
| Industrial REITs Industry Growth | 62.8% |
| Revenue growth rate | 11.1% |
| Return on equity | 2.1% |
| Net Margin | 30.6% |
| Next Earnings Update | 24 Aug 2024 |
Revenue & Expenses BreakdownBeta
How Tritax Big Box REIT 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 | 229 | 70 | 32 | 0 |
| 30 Sep 23 | 225 | -444 | 31 | 0 |
| 30 Jun 23 | 221 | -957 | 31 | 0 |
| 31 Mar 23 | 217 | -778 | 32 | 0 |
| 31 Dec 22 | 213 | -599 | 34 | 0 |
| 30 Sep 22 | 209 | 227 | 36 | 0 |
| 30 Jun 22 | 204 | 1,054 | 37 | 0 |
| 31 Mar 22 | 197 | 1,013 | 34 | 0 |
| 31 Dec 21 | 190 | 973 | 31 | 0 |
| 30 Sep 21 | 182 | 848 | 30 | 0 |
| 30 Jun 21 | 175 | 724 | 29 | 0 |
| 31 Mar 21 | 171 | 587 | 29 | 0 |
| 31 Dec 20 | 166 | 449 | 29 | 0 |
| 30 Sep 20 | 162 | 313 | 27 | 0 |
| 30 Jun 20 | 159 | 177 | 26 | 0 |
| 31 Mar 20 | 154 | 159 | 26 | 0 |
| 31 Dec 19 | 149 | 141 | 25 | 0 |
| 30 Sep 19 | 145 | 177 | 23 | 0 |
| 30 Jun 19 | 141 | 213 | 21 | 0 |
| 31 Mar 19 | 139 | 233 | 20 | 0 |
| 31 Dec 18 | 138 | 253 | 18 | 0 |
| 30 Sep 18 | 133 | 263 | 17 | 0 |
| 30 Jun 18 | 128 | 274 | 16 | 0 |
| 31 Mar 18 | 120 | 261 | 15 | 0 |
| 31 Dec 17 | 111 | 248 | 14 | 0 |
| 30 Sep 17 | 103 | 183 | 9 | 0 |
| 30 Jun 17 | 96 | 119 | 4 | 0 |
| 31 Mar 17 | 86 | 105 | 3 | 0 |
| 31 Dec 16 | 77 | 92 | 2 | 0 |
| 30 Sep 16 | 67 | 104 | 3 | 0 |
| 30 Jun 16 | 58 | 117 | 4 | 0 |
| 31 Mar 16 | 51 | 125 | 3 | 0 |
| 31 Dec 15 | 45 | 134 | 1 | 0 |
| 31 Dec 14 | 16 | 36 | 1 | 0 |
Quality Earnings: BBOX has a large one-off loss of £64.0M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: BBOX became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BBOX's earnings have declined by 22.2% per year over the past 5 years.
Accelerating Growth: BBOX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: BBOX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Industrial REITs industry (6.9%).
Return on Equity
High ROE: BBOX's Return on Equity (2.1%) is considered low.