Globant Past Earnings Performance

Past criteria checks 3/6

Globant has been growing earnings at an average annual rate of 27.2%, while the IT industry saw earnings growing at 4.2% annually. Revenues have been growing at an average rate of 27.1% per year. Globant's return on equity is 8.7%, and it has net margins of 7.2%.

Key information

27.2%

Earnings growth rate

24.4%

EPS growth rate

IT Industry Growth17.7%
Revenue growth rate27.1%
Return on equity8.7%
Net Margin7.2%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Globant makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

LSE:0RIX Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 242,3541695880
30 Jun 242,2851695730
31 Mar 242,1951675480
31 Dec 232,0961595200
30 Sep 232,0061564870
30 Jun 231,9201494660
31 Mar 231,8511494510
31 Dec 221,7801494350
30 Sep 221,6691394040
30 Jun 221,5521283750
31 Mar 221,4281113450
31 Dec 211,297963220
30 Sep 211,150862790
30 Jun 211,015732450
31 Mar 21893632100
31 Dec 20814541940
30 Sep 20766491830
30 Jun 20730521710
31 Mar 20705551590
31 Dec 19659541470
30 Sep 19615521490
30 Jun 19578531440
31 Mar 19549541260
31 Dec 18522521290
30 Sep 18498521200
30 Jun 18473441140
31 Mar 18444321110
31 Dec 17413311040
30 Sep 1738528930
30 Jun 1735830890
31 Mar 1733837800
31 Dec 1632336770
30 Sep 1630735680
30 Jun 1629233610
31 Mar 1627332640
31 Dec 1525432670
30 Sep 1523731600
30 Jun 1522231560
31 Mar 1521129510
31 Dec 1420025490
30 Sep 1419113490
30 Jun 1417915480
31 Mar 1416715470
31 Dec 1315814460

Quality Earnings: 0RIX has high quality earnings.

Growing Profit Margin: 0RIX's current net profit margins (7.2%) are lower than last year (7.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 0RIX's earnings have grown significantly by 27.2% per year over the past 5 years.

Accelerating Growth: 0RIX's earnings growth over the past year (8.9%) is below its 5-year average (27.2% per year).

Earnings vs Industry: 0RIX earnings growth over the past year (8.9%) exceeded the IT industry -3.4%.


Return on Equity

High ROE: 0RIX's Return on Equity (8.7%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 23:15
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Globant S.A. is covered by 33 analysts. 24 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jason KupferbergBofA Global Research
Daniel FederleBradesco S.A. Corretora de Títulos e Valores Mobiliários
Osni CarfiBTG Pactual