PT. Garuda Indonesia (Persero) Past Earnings Performance
Past criteria checks 1/6
PT. Garuda Indonesia (Persero) has been growing earnings at an average annual rate of 23.5%, while the Airlines industry saw earnings growing at 25.9% annually. Revenues have been declining at an average rate of 14.7% per year.
Key information
23.5%
Earnings growth rate
22.3%
EPS growth rate
| Airlines Industry Growth | 0.5% |
| Revenue growth rate | -14.7% |
| Return on equity | n/a |
| Net Margin | 9.0% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How PT. Garuda Indonesia (Persero) 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 Mar 24 | 3,046 | 273 | 328 | 0 |
| 31 Dec 23 | 2,937 | 250 | 320 | 0 |
| 30 Sep 23 | 2,828 | -35 | 361 | 0 |
| 30 Jun 23 | 2,617 | -100 | 349 | 0 |
| 31 Mar 23 | 2,353 | 3,852 | 373 | 0 |
| 31 Dec 22 | 2,100 | 3,738 | 347 | 0 |
| 30 Sep 22 | 1,903 | 1,203 | 327 | 0 |
| 30 Jun 22 | 1,519 | 501 | 328 | 0 |
| 31 Mar 22 | 1,334 | -4,000 | 262 | 0 |
| 31 Dec 21 | 1,337 | -4,159 | 265 | 0 |
| 30 Sep 21 | 1,293 | -3,031 | 330 | 0 |
| 30 Jun 21 | 1,272 | -2,629 | 305 | 0 |
| 31 Mar 21 | 1,077 | -2,707 | 357 | 0 |
| 31 Dec 20 | 1,492 | -2,443 | 434 | 0 |
| 30 Sep 20 | 2,171 | -1,236 | 474 | 0 |
| 30 Jun 20 | 3,296 | -776 | 553 | 0 |
| 31 Mar 20 | 4,241 | -180 | 576 | 0 |
| 31 Dec 19 | 4,573 | -39 | 564 | 0 |
| 30 Sep 19 | 4,651 | 5 | 520 | 0 |
| 30 Jun 19 | 4,525 | -90 | 515 | 0 |
| 31 Mar 19 | 4,447 | -145 | 508 | 0 |
| 31 Dec 18 | 4,330 | -231 | 511 | 0 |
| 30 Sep 18 | 4,286 | -109 | 550 | 0 |
| 30 Jun 18 | 4,289 | -52 | 562 | 0 |
| 31 Mar 18 | 4,249 | -181 | 573 | 0 |
| 31 Dec 17 | 4,177 | -217 | 578 | 0 |
| 30 Sep 17 | 4,110 | -170 | 557 | 0 |
| 30 Jun 17 | 3,987 | -210 | 553 | 0 |
| 31 Mar 17 | 3,919 | -94 | 554 | 0 |
| 31 Dec 16 | 3,864 | 8 | 529 | 0 |
| 30 Sep 16 | 3,834 | -18 | 518 | 0 |
| 30 Jun 16 | 3,739 | -15 | 507 | 0 |
| 31 Mar 16 | 3,744 | 66 | 486 | 0 |
| 31 Dec 15 | 3,815 | 76 | 500 | 0 |
| 30 Sep 15 | 3,948 | -98 | 530 | 0 |
| 30 Jun 15 | 4,017 | -139 | 540 | 0 |
| 31 Mar 15 | 4,043 | -191 | 563 | 0 |
| 31 Dec 14 | 3,934 | -370 | 567 | 0 |
| 30 Sep 14 | 3,904 | -196 | 559 | 0 |
| 30 Jun 14 | 3,791 | -181 | 556 | 0 |
| 31 Mar 14 | 3,770 | -124 | 545 | 0 |
| 31 Dec 13 | 3,759 | 11 | 535 | 0 |
| 30 Sep 13 | 3,773 | 40 | 550 | 0 |
Quality Earnings: GIAA has a large one-off gain of $309.6M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: GIAA's current net profit margins (9%) are lower than last year .
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GIAA has become profitable over the past 5 years, growing earnings by 23.5% per year.
Accelerating Growth: GIAA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GIAA had negative earnings growth (-92.9%) over the past year, making it difficult to compare to the Airlines industry average (59%).
Return on Equity
High ROE: GIAA's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.