Norwegian Air Shuttle Past Earnings Performance
Past criteria checks 5/6
Norwegian Air Shuttle has been growing earnings at an average annual rate of 25.5%, while the Airlines industry saw earnings growing at 7.4% annually. Revenues have been declining at an average rate of 24% per year. Norwegian Air Shuttle's return on equity is 30.1%, and it has net margins of 6.3%.
Key information
25.5%
Earnings growth rate
79.0%
EPS growth rate
| Airlines Industry Growth | 0.5% |
| Revenue growth rate | -24.0% |
| Return on equity | 30.1% |
| Net Margin | 6.3% |
| Next Earnings Update | 12 Jul 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Norwegian Air Shuttle 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 | 25,539 | 1,611 | 0 | 0 |
| 30 Sep 23 | 23,394 | 1,341 | 0 | 0 |
| 30 Jun 23 | 21,862 | 219 | 0 | 0 |
| 31 Mar 23 | 20,005 | 943 | 0 | 0 |
| 31 Dec 22 | 18,869 | 920 | 0 | 0 |
| 30 Sep 22 | 16,281 | 1,146 | 0 | 0 |
| 30 Jun 22 | 11,204 | 428 | 0 | 0 |
| 31 Mar 22 | 6,670 | 1,978 | 0 | 0 |
| 31 Dec 21 | 5,068 | 1,839 | 0 | 0 |
| 30 Sep 21 | 3,048 | -14,869 | 0 | 0 |
| 30 Jun 21 | 2,431 | -16,058 | 0 | 0 |
| 31 Mar 21 | 5,782 | -21,538 | 0 | 0 |
| 31 Dec 20 | 9,096 | -23,051 | 0 | 0 |
| 30 Sep 20 | 17,370 | -8,298 | 0 | 0 |
| 30 Jun 20 | 30,486 | -5,607 | 0 | 0 |
| 31 Mar 20 | 39,099 | -2,832 | 0 | 0 |
| 31 Dec 19 | 43,522 | -1,615 | 0 | 0 |
| 30 Sep 19 | 44,235 | -2,752 | 229 | 0 |
| 30 Jun 19 | 43,218 | -3,122 | 229 | 0 |
| 31 Mar 19 | 41,264 | -2,900 | 229 | 0 |
| 31 Dec 18 | 40,266 | -1,461 | 229 | 0 |
| 30 Sep 18 | 38,452 | 829 | 158 | 0 |
| 30 Jun 18 | 35,139 | 636 | 158 | 0 |
| 31 Mar 18 | 32,686 | -357 | 158 | 0 |
| 31 Dec 17 | 30,948 | -1,795 | 158 | 0 |
| 30 Sep 17 | 29,131 | -875 | 74 | 0 |
| 30 Jun 17 | 27,388 | -991 | 74 | 0 |
| 31 Mar 17 | 26,245 | 452 | 74 | 0 |
| 31 Dec 16 | 25,951 | 1,135 | 74 | 0 |
| 30 Sep 16 | 25,243 | 564 | 63 | 0 |
| 30 Jun 16 | 24,188 | 405 | 63 | 0 |
| 31 Mar 16 | 23,417 | -16 | 63 | 0 |
| 31 Dec 15 | 22,491 | 246 | 63 | 0 |
| 30 Sep 15 | 21,775 | -359 | 60 | 0 |
| 30 Jun 15 | 20,835 | -818 | 60 | 0 |
| 31 Mar 15 | 20,018 | -1,015 | 60 | 0 |
| 31 Dec 14 | 19,540 | -1,070 | 60 | 0 |
| 30 Sep 14 | 18,655 | -285 | 48 | 0 |
| 30 Jun 14 | 17,195 | -223 | 48 | 0 |
| 31 Mar 14 | 16,164 | -155 | 48 | 0 |
| 31 Dec 13 | 15,511 | 322 | 48 | 0 |
| 30 Sep 13 | 14,881 | 539 | 46 | 0 |
| 30 Jun 13 | 14,228 | 731 | 46 | 0 |
Quality Earnings: 0FGH has high quality earnings.
Growing Profit Margin: 0FGH's current net profit margins (6.3%) are higher than last year (4.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 0FGH has become profitable over the past 5 years, growing earnings by 25.5% per year.
Accelerating Growth: 0FGH's earnings growth over the past year (75.1%) exceeds its 5-year average (25.5% per year).
Earnings vs Industry: 0FGH earnings growth over the past year (75.1%) did not outperform the Airlines industry 92.7%.
Return on Equity
High ROE: 0FGH's Return on Equity (30.1%) is considered high.