Greencoat Renewables Past Earnings Performance
Past criteria checks 2/6
Greencoat Renewables has been growing earnings at an average annual rate of 33%, while the Renewable Energy industry saw earnings growing at 30.4% annually. Revenues have been declining at an average rate of 36.2% per year. Greencoat Renewables's return on equity is 5.4%, and it has net margins of 13624.9%.
Key information
33.0%
Earnings growth rate
5.9%
EPS growth rate
| Renewable Energy Industry Growth | 48.6% |
| Revenue growth rate | -36.2% |
| Return on equity | 5.4% |
| Net Margin | 13,624.9% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Greencoat Renewables 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 | 1 | 69 | 13 | 0 |
| 30 Sep 23 | 0 | 88 | 13 | 0 |
| 30 Jun 23 | 0 | 107 | 13 | 0 |
| 31 Mar 23 | 0 | 122 | 13 | 0 |
| 31 Dec 22 | 0 | 137 | 13 | 0 |
| 30 Sep 22 | 0 | 130 | 12 | 0 |
| 30 Jun 22 | 0 | 123 | 11 | 0 |
| 31 Mar 22 | 0 | 97 | 10 | 0 |
| 31 Dec 21 | 0 | 71 | 9 | 0 |
| 30 Sep 21 | 2 | 47 | 8 | 0 |
| 30 Jun 21 | 4 | 23 | 7 | 0 |
| 31 Mar 21 | 4 | 19 | 7 | 0 |
| 31 Dec 20 | 4 | 14 | 7 | 0 |
| 30 Sep 20 | 3 | 15 | 7 | 0 |
| 30 Jun 20 | 3 | 17 | 7 | 0 |
| 31 Mar 20 | 3 | 17 | 6 | 0 |
| 31 Dec 19 | 3 | 17 | 6 | 0 |
| 30 Sep 19 | 2 | 31 | 5 | 0 |
| 30 Jun 19 | 2 | 46 | 5 | 0 |
| 31 Mar 19 | 2 | 45 | 4 | 0 |
| 31 Dec 18 | 2 | 44 | 3 | 0 |
| 30 Sep 18 | 3 | 28 | 3 | 0 |
| 31 Mar 18 | 2 | 3 | 0 | 0 |
| 31 Dec 17 | 2 | -3 | 2 | 0 |
Quality Earnings: GRP has high quality earnings.
Growing Profit Margin: GRP's current net profit margins are lower than last year .
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GRP's earnings have grown significantly by 33% per year over the past 5 years.
Accelerating Growth: GRP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GRP had negative earnings growth (-49.1%) over the past year, making it difficult to compare to the Renewable Energy industry average (17.2%).
Return on Equity
High ROE: GRP's Return on Equity (5.4%) is considered low.