Migdal Insurance and Financial Holdings Past Earnings Performance
Past criteria checks 2/6
Migdal Insurance and Financial Holdings has been growing earnings at an average annual rate of 20%, while the Insurance industry saw earnings growing at 10.9% annually. Revenues have been growing at an average rate of 0.2% per year. Migdal Insurance and Financial Holdings's return on equity is 6.8%, and it has net margins of 2.1%.
Key information
20.0%
Earnings growth rate
20.1%
EPS growth rate
| Insurance Industry Growth | 15.1% |
| Revenue growth rate | 0.2% |
| Return on equity | 6.8% |
| Net Margin | 2.1% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses BreakdownBeta
How Migdal Insurance and Financial Holdings 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 | 28,379 | 587 | 1,292 | 0 |
| 30 Sep 23 | 26,582 | 412 | 1,208 | 0 |
| 30 Jun 23 | 22,178 | 398 | 1,176 | 0 |
| 31 Mar 23 | 10,296 | -93 | 1,129 | 0 |
| 31 Dec 22 | 6,164 | 751 | 1,123 | 0 |
| 30 Sep 22 | 11,451 | 951 | 1,109 | 0 |
| 30 Jun 22 | 16,933 | 1,047 | 1,112 | 0 |
| 31 Mar 22 | 29,789 | 2,009 | 1,119 | 0 |
| 31 Dec 21 | 36,681 | 1,388 | 1,113 | 0 |
| 30 Sep 21 | 38,316 | 1,282 | 1,139 | 0 |
| 30 Jun 21 | 39,835 | 1,078 | 1,122 | 0 |
| 31 Mar 21 | 40,498 | 809 | 1,084 | 0 |
| 31 Dec 20 | 22,114 | 389 | 1,074 | 0 |
| 30 Sep 20 | 18,539 | 136 | 1,082 | 0 |
| 30 Jun 20 | 15,583 | -577 | 1,101 | 0 |
| 31 Mar 20 | 12,174 | -515 | 1,145 | 0 |
| 31 Dec 19 | 30,783 | -125 | 1,101 | 0 |
| 30 Sep 19 | 21,149 | -341 | 1,028 | 0 |
| 30 Jun 19 | 22,581 | 488 | 1,031 | 0 |
| 31 Mar 19 | 21,276 | 762 | 1,036 | 0 |
| 31 Dec 18 | 15,659 | 420 | 1,030 | 0 |
| 30 Sep 18 | 23,801 | 664 | 1,083 | 0 |
| 30 Jun 18 | 22,775 | 343 | 1,073 | 0 |
| 31 Mar 18 | 22,443 | 111 | 1,050 | 0 |
| 31 Dec 17 | 23,995 | 379 | 1,052 | 0 |
| 30 Sep 17 | 21,960 | 725 | 1,054 | 0 |
| 30 Jun 17 | 21,497 | 1,145 | 1,027 | 0 |
| 31 Mar 17 | 20,626 | 966 | 1,008 | 0 |
| 31 Dec 16 | 17,442 | 203 | 993 | 0 |
| 30 Sep 16 | 17,120 | -22 | 1,010 | 0 |
| 30 Jun 16 | 12,533 | -573 | 999 | 0 |
| 31 Mar 16 | 10,537 | 155 | 1,049 | 0 |
| 31 Dec 15 | 15,376 | 352 | 1,062 | 0 |
| 30 Sep 15 | 14,050 | 220 | 1,090 | 0 |
| 30 Jun 15 | 17,806 | 491 | 1,114 | 0 |
| 31 Mar 15 | 19,373 | -91 | 1,070 | 0 |
| 31 Dec 14 | 17,266 | 422 | 1,074 | 0 |
| 30 Sep 14 | 20,023 | 576 | 1,164 | 0 |
| 30 Jun 14 | 21,311 | 665 | 1,150 | 0 |
| 31 Mar 14 | 20,915 | 660 | 1,158 | 0 |
| 31 Dec 13 | 20,852 | 618 | 1,141 | 0 |
| 30 Sep 13 | 18,901 | 555 | 1,098 | 0 |
| 30 Jun 13 | 18,802 | 492 | 1,078 | 0 |
Quality Earnings: MGDL has high quality earnings.
Growing Profit Margin: MGDL's current net profit margins (2.1%) are lower than last year (12.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MGDL's earnings have grown significantly by 20% per year over the past 5 years.
Accelerating Growth: MGDL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MGDL had negative earnings growth (-21.8%) over the past year, making it difficult to compare to the Insurance industry average (-12.7%).
Return on Equity
High ROE: MGDL's Return on Equity (6.8%) is considered low.