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 3.5%, while the Residential REITs industry saw earnings growing at 18.9% annually. Revenues have been growing at an average rate of 14.8% per year. Triple Point Social Housing REIT's return on equity is 5.8%, and it has net margins of 62.9%.
Key information
3.5%
Earnings growth rate
-0.5%
EPS growth rate
| Residential REITs Industry Growth | 14.7% |
| Revenue growth rate | 14.8% |
| Return on equity | 5.8% |
| Net Margin | 62.9% |
| Last Earnings Update | 30 Jun 2024 |
Revenue & Expenses Breakdown
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 |
|---|---|---|---|---|
| 30 Jun 24 | 41 | 26 | 6 | 0 |
| 31 Mar 24 | 40 | 30 | 7 | 0 |
| 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 high quality earnings.
Growing Profit Margin: SOHO's current net profit margins (62.9%) are higher than last year (37.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SOHO's earnings have grown by 3.5% per year over the past 5 years.
Accelerating Growth: SOHO's earnings growth over the past year (76%) exceeds its 5-year average (3.5% per year).
Earnings vs Industry: SOHO earnings growth over the past year (76%) did not outperform the Residential REITs industry 101.3%.
Return on Equity
High ROE: SOHO's Return on Equity (5.8%) is considered low.