Target Healthcare REIT Past Earnings Performance
Past criteria checks 1/6
Target Healthcare REIT's earnings have been declining at an average annual rate of -6%, while the Health Care REITs industry saw earnings declining at 6% annually. Revenues have been growing at an average rate of 16.4% per year. Target Healthcare REIT's return on equity is 8.8%, and it has net margins of 86.1%.
Key information
-6.0%
Earnings growth rate
-16.9%
EPS growth rate
| Health Care REITs Industry Growth | 7.7% |
| Revenue growth rate | 16.4% |
| Return on equity | 8.8% |
| Net Margin | 86.1% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Target Healthcare REIT PLC Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Oct 16
What Type Of Shareholders Own The Most Number of Target Healthcare REIT PLC (LON:THRL) Shares?
Mar 16Target Healthcare REIT PLC (LON:THRL) Has Fared Decently But Fundamentals Look Uncertain: What Lies Ahead For The Stock?
Jan 22Revenue & Expenses BreakdownBeta
How Target Healthcare 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 | 68 | 58 | 6 | 0 |
| 30 Sep 23 | 68 | 26 | 6 | 0 |
| 30 Jun 23 | 68 | -7 | 6 | 0 |
| 31 Mar 23 | 70 | -5 | 4 | 0 |
| 31 Dec 22 | 71 | -4 | 3 | 0 |
| 30 Sep 22 | 68 | 23 | 3 | 0 |
| 30 Jun 22 | 64 | 49 | 4 | 0 |
| 31 Mar 22 | 58 | 48 | 3 | 0 |
| 31 Dec 21 | 52 | 47 | 2 | 0 |
| 30 Sep 21 | 51 | 45 | 2 | 0 |
| 30 Jun 21 | 50 | 44 | 3 | 0 |
| 31 Mar 21 | 49 | 37 | 3 | 0 |
| 31 Dec 20 | 48 | 31 | 4 | 0 |
| 30 Sep 20 | 46 | 31 | 3 | 0 |
| 30 Jun 20 | 44 | 32 | 2 | 0 |
| 31 Mar 20 | 42 | 32 | 1 | 0 |
| 31 Dec 19 | 39 | 31 | 0 | 0 |
| 30 Sep 19 | 37 | 31 | 0 | 0 |
| 30 Jun 19 | 34 | 30 | 0 | 0 |
| 31 Mar 19 | 32 | 29 | 0 | 0 |
| 31 Dec 18 | 31 | 28 | 0 | 0 |
| 30 Sep 18 | 30 | 28 | 0 | 0 |
| 30 Jun 18 | 28 | 28 | 0 | 0 |
| 31 Mar 18 | 27 | 25 | 0 | 0 |
| 31 Dec 17 | 26 | 22 | 0 | 0 |
| 30 Sep 17 | 25 | 21 | 0 | 0 |
| 30 Jun 17 | 23 | 19 | 0 | 0 |
| 31 Mar 17 | 21 | 17 | 0 | 0 |
| 31 Dec 16 | 20 | 14 | 0 | 0 |
| 30 Sep 16 | 18 | 13 | 0 | 0 |
| 30 Jun 16 | 17 | 12 | 0 | 0 |
| 31 Mar 16 | 16 | 13 | 0 | 0 |
| 31 Dec 15 | 15 | 15 | 0 | 0 |
| 30 Sep 15 | 14 | 12 | 0 | 0 |
| 30 Jun 15 | 14 | 10 | 0 | 0 |
| 31 Dec 14 | 9 | 3 | 0 | 0 |
| 30 Sep 14 | 7 | 2 | 0 | 0 |
| 30 Jun 14 | 4 | 1 | 0 | 0 |
| 31 Dec 13 | 3 | -1 | 0 | 0 |
Quality Earnings: THRL has a large one-off gain of £12.3M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: THRL became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: THRL's earnings have declined by 6% per year over the past 5 years.
Accelerating Growth: THRL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: THRL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Health Care REITs industry (-19.3%).
Return on Equity
High ROE: THRL's Return on Equity (8.8%) is considered low.