Ackerstein Group Past Earnings Performance
Past criteria checks 4/6
Ackerstein Group has been growing earnings at an average annual rate of 6.8%, while the Basic Materials industry saw earnings growing at 7% annually. Revenues have been growing at an average rate of 8.7% per year. Ackerstein Group's return on equity is 8.1%, and it has net margins of 9%.
Key information
6.8%
Earnings growth rate
6.1%
EPS growth rate
| Basic Materials Industry Growth | 8.2% |
| Revenue growth rate | 8.7% |
| Return on equity | 8.1% |
| Net Margin | 9.0% |
| Last Earnings Update | 31 Dec 2023 |
Revenue & Expenses BreakdownBeta
How Ackerstein Group 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 | 1,037 | 94 | 154 | 0 |
| 30 Sep 23 | 985 | 104 | 148 | 0 |
| 30 Jun 23 | 942 | 98 | 144 | 0 |
| 31 Mar 23 | 867 | 87 | 140 | 0 |
| 31 Dec 22 | 782 | 76 | 134 | 0 |
| 30 Sep 22 | 755 | 63 | 131 | 0 |
| 30 Jun 22 | 688 | 58 | 126 | 0 |
| 31 Mar 22 | 655 | 56 | 123 | 0 |
| 31 Dec 21 | 640 | 60 | 120 | 0 |
| 30 Sep 21 | 632 | 63 | 123 | 0 |
| 30 Jun 21 | 647 | 67 | 125 | 0 |
| 31 Mar 21 | 660 | 71 | 125 | 0 |
| 31 Dec 20 | 663 | 59 | 121 | 0 |
| 31 Dec 19 | 680 | 77 | 133 | 0 |
| 31 Dec 18 | 735 | 76 | 135 | 0 |
Quality Earnings: ACKR has high quality earnings.
Growing Profit Margin: ACKR's current net profit margins (9%) are lower than last year (9.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ACKR's earnings have grown by 6.8% per year over the past 5 years.
Accelerating Growth: ACKR's earnings growth over the past year (23.6%) exceeds its 5-year average (6.8% per year).
Earnings vs Industry: ACKR earnings growth over the past year (23.6%) exceeded the Basic Materials industry 12.3%.
Return on Equity
High ROE: ACKR's Return on Equity (8.1%) is considered low.