STMicroelectronics Past Earnings Performance
Past criteria checks 2/6
STMicroelectronics has been growing earnings at an average annual rate of 33.6%, while the Semiconductor industry saw earnings growing at 27.7% annually. Revenues have been growing at an average rate of 15.1% per year. STMicroelectronics's return on equity is 25.1%, and it has net margins of 24.4%.
Key information
33.6%
Earnings growth rate
33.4%
EPS growth rate
| Semiconductor Industry Growth | 15.0% |
| Revenue growth rate | 15.1% |
| Return on equity | 25.1% |
| Net Margin | 24.4% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How STMicroelectronics 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 | 17,286 | 4,211 | 1,650 | 2,087 |
| 30 Sep 23 | 17,428 | 4,745 | 1,574 | 1,605 |
| 01 Jul 23 | 17,318 | 4,754 | 1,517 | 1,549 |
| 01 Apr 23 | 16,829 | 4,620 | 1,467 | 1,508 |
| 31 Dec 22 | 16,128 | 3,960 | 1,465 | 1,863 |
| 01 Oct 22 | 15,260 | 3,173 | 1,422 | 1,495 |
| 02 Jul 22 | 14,136 | 2,549 | 1,394 | 1,465 |
| 02 Apr 22 | 13,291 | 2,094 | 1,353 | 1,420 |
| 31 Dec 21 | 12,761 | 2,000 | 1,333 | 1,723 |
| 02 Oct 21 | 12,440 | 1,832 | 1,291 | 1,743 |
| 03 Jul 21 | 11,909 | 1,600 | 1,239 | 1,688 |
| 03 Apr 21 | 11,004 | 1,278 | 1,175 | 1,617 |
| 31 Dec 20 | 10,219 | 1,106 | 1,121 | 1,548 |
| 26 Sep 20 | 9,738 | 917 | 1,099 | 1,513 |
| 27 Jun 20 | 9,625 | 976 | 1,097 | 1,497 |
| 28 Mar 20 | 9,711 | 1,046 | 1,107 | 1,505 |
| 31 Dec 19 | 9,556 | 1,032 | 1,109 | 1,498 |
| 28 Sep 19 | 9,450 | 1,400 | 1,110 | 1,182 |
| 29 Jun 19 | 9,419 | 1,467 | 1,109 | 1,169 |
| 30 Mar 19 | 9,514 | 1,568 | 1,116 | 1,144 |
| 31 Dec 18 | 9,664 | 1,287 | 1,106 | 1,398 |
| 29 Sep 18 | 9,483 | 1,177 | 1,086 | 1,380 |
| 30 Jun 18 | 9,097 | 1,044 | 1,061 | 1,343 |
| 31 Mar 18 | 8,752 | 933 | 1,024 | 1,313 |
| 31 Dec 17 | 8,347 | 802 | 993 | 1,296 |
| 30 Sep 17 | 7,740 | 562 | 978 | 1,095 |
| 01 Jul 17 | 7,401 | 397 | 955 | 1,101 |
| 01 Apr 17 | 7,181 | 270 | 941 | 1,111 |
| 31 Dec 16 | 6,973 | 165 | 920 | 1,331 |
| 01 Oct 16 | 6,781 | 55 | 912 | 1,348 |
| 02 Jul 16 | 6,748 | 74 | 906 | 1,361 |
| 02 Apr 16 | 6,805 | 85 | 904 | 1,398 |
| 31 Dec 15 | 6,897 | 104 | 897 | 1,425 |
| 26 Sep 15 | 7,058 | 145 | 902 | 1,449 |
| 27 Jun 15 | 7,180 | 127 | 910 | 1,495 |
| 28 Mar 15 | 7,284 | 130 | 921 | 1,511 |
| 31 Dec 14 | 7,404 | 128 | 927 | 1,520 |
| 27 Sep 14 | 7,590 | 49 | 940 | 1,551 |
| 28 Jun 14 | 7,716 | -165 | 967 | 1,597 |
| 29 Mar 14 | 7,898 | -353 | 1,015 | 1,661 |
| 31 Dec 13 | 8,082 | -500 | 1,066 | 1,816 |
| 28 Sep 13 | 8,229 | -892 | 1,107 | 1,994 |
| 29 Jun 13 | 8,383 | -1,228 | 1,128 | 2,149 |
| 30 Mar 13 | 8,485 | -1,153 | 1,135 | 2,313 |
Quality Earnings: STMMIM has a high level of non-cash earnings.
Growing Profit Margin: STMMIM's current net profit margins (24.4%) are lower than last year (24.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: STMMIM's earnings have grown significantly by 33.6% per year over the past 5 years.
Accelerating Growth: STMMIM's earnings growth over the past year (6.3%) is below its 5-year average (33.6% per year).
Earnings vs Industry: STMMIM earnings growth over the past year (6.3%) did not outperform the Semiconductor industry 39.4%.
Return on Equity
High ROE: STMMIM's Return on Equity (25.1%) is considered high.