Care REIT Past Earnings Performance
Past criteria checks 4/6
Care REIT has been growing earnings at an average annual rate of 10.4%, while the Health Care REITs industry saw earnings growing at 0.7% annually. Revenues have been growing at an average rate of 17.2% per year. Care REIT's return on equity is 9.7%, and it has net margins of 88.9%.
Key information
10.4%
Earnings growth rate
-1.5%
EPS growth rate
| Health Care REITs Industry Growth | 7.7% |
| Revenue growth rate | 17.2% |
| Return on equity | 9.7% |
| Net Margin | 88.9% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How Care 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 |
|---|---|---|---|---|
| 30 Jun 24 | 54 | 48 | 7 | 0 |
| 31 Mar 24 | 51 | 48 | 7 | 0 |
| 31 Dec 23 | 49 | 49 | 7 | 0 |
| 30 Sep 23 | 47 | 33 | 7 | 0 |
| 30 Jun 23 | 45 | 17 | 7 | 0 |
| 31 Mar 23 | 44 | 17 | 7 | 0 |
| 31 Dec 22 | 42 | 17 | 7 | 0 |
| 30 Sep 22 | 40 | 31 | 7 | 0 |
| 30 Jun 22 | 38 | 45 | 6 | 0 |
| 31 Mar 22 | 37 | 38 | 6 | 0 |
| 31 Dec 21 | 36 | 32 | 6 | 0 |
| 30 Sep 21 | 35 | 32 | 6 | 0 |
| 30 Jun 21 | 34 | 32 | 6 | 0 |
| 31 Mar 21 | 32 | 31 | 5 | 0 |
| 31 Dec 20 | 31 | 29 | 5 | 0 |
| 30 Sep 20 | 29 | 28 | 5 | 0 |
| 30 Jun 20 | 28 | 26 | 5 | 0 |
| 31 Mar 20 | 26 | 26 | 5 | 0 |
| 31 Dec 19 | 24 | 26 | 4 | 0 |
| 30 Sep 19 | 22 | 23 | 4 | 0 |
| 30 Jun 19 | 20 | 19 | 4 | 0 |
| 31 Mar 19 | 19 | 18 | 4 | 0 |
| 31 Dec 18 | 17 | 16 | 4 | 0 |
| 30 Jun 18 | 14 | 14 | 3 | 0 |
| 31 Dec 17 | 8 | 8 | 2 | 0 |
Quality Earnings: CRT has a large one-off gain of £22.7M impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: CRT's current net profit margins (88.9%) are higher than last year (37.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CRT's earnings have grown by 10.4% per year over the past 5 years.
Accelerating Growth: CRT's earnings growth over the past year (176.9%) exceeds its 5-year average (10.4% per year).
Earnings vs Industry: CRT earnings growth over the past year (176.9%) exceeded the Health Care REITs industry 24.4%.
Return on Equity
High ROE: CRT's Return on Equity (9.7%) is considered low.