Triple Point Social Housing REIT Past Earnings Performance
Past criteria checks 4/6
Triple Point Social Housing REIT has been growing earnings at an average annual rate of 5.2%, while the Residential REITs industry saw earnings growing at 25.5% annually. Revenues have been growing at an average rate of 19% per year. Triple Point Social Housing REIT's return on equity is 7.8%, and it has net margins of 87.8%.
Key information
5.2%
Earnings growth rate
-2.1%
EPS growth rate
| Residential REITs Industry Growth | 14.7% |
| Revenue growth rate | 19.0% |
| Return on equity | 7.8% |
| Net Margin | 87.8% |
| Last Earnings Update | 31 Dec 2023 |
Revenue & Expenses BreakdownBeta
How Triple Point Social Housing 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 | 40 | 35 | 8 | 0 |
| 30 Sep 23 | 39 | 25 | 8 | 0 |
| 30 Jun 23 | 39 | 15 | 8 | 0 |
| 31 Mar 23 | 38 | 20 | 7 | 0 |
| 31 Dec 22 | 37 | 25 | 5 | 0 |
| 30 Sep 22 | 36 | 34 | 4 | 0 |
| 30 Jun 22 | 36 | 43 | 3 | 0 |
| 31 Mar 22 | 34 | 36 | 3 | 0 |
| 31 Dec 21 | 33 | 28 | 2 | 0 |
| 30 Sep 21 | 32 | 27 | 2 | 0 |
| 30 Jun 21 | 31 | 26 | 3 | 0 |
| 31 Mar 21 | 30 | 25 | 3 | 0 |
| 31 Dec 20 | 29 | 25 | 3 | 0 |
| 30 Sep 20 | 27 | 24 | 2 | 0 |
| 30 Jun 20 | 25 | 23 | 2 | 0 |
| 31 Mar 20 | 23 | 23 | 2 | 0 |
| 31 Dec 19 | 21 | 24 | 2 | 0 |
| 30 Sep 19 | 19 | 24 | 2 | 0 |
| 30 Jun 19 | 16 | 24 | 2 | 0 |
| 31 Mar 19 | 14 | 22 | 2 | 0 |
| 31 Dec 18 | 11 | 20 | 2 | 0 |
| 31 Dec 17 | 2 | 10 | 1 | 0 |
Quality Earnings: SOHO has a large one-off gain of £15.5M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: SOHO's current net profit margins (87.8%) are higher than last year (66.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SOHO's earnings have grown by 5.2% per year over the past 5 years.
Accelerating Growth: SOHO's earnings growth over the past year (40.5%) exceeds its 5-year average (5.2% per year).
Earnings vs Industry: SOHO earnings growth over the past year (40.5%) exceeded the Residential REITs industry 35.5%.
Return on Equity
High ROE: SOHO's Return on Equity (7.8%) is considered low.