Airport City Past Earnings Performance
Past criteria checks 0/6
Airport City's earnings have been declining at an average annual rate of -2.7%, while the Real Estate industry saw earnings growing at 17.1% annually. Revenues have been growing at an average rate of 0.2% per year. Airport City's return on equity is 2.6%, and it has net margins of 24.8%.
Key information
-2.7%
Earnings growth rate
-1.4%
EPS growth rate
| Real Estate Industry Growth | 20.5% |
| Revenue growth rate | 0.2% |
| Return on equity | 2.6% |
| Net Margin | 24.8% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Airport City's (TLV:ARPT) Conservative Accounting Might Explain Soft Earnings
Apr 06
Here's Why Airport City (TLV:ARPT) Has A Meaningful Debt Burden
Jan 06Estimating The Intrinsic Value Of Airport City Ltd. (TLV:ARPT)
Nov 03We Think Airport City (TLV:ARPT) Is Taking Some Risk With Its Debt
Sep 12Here's Why Airport City (TLV:ARPT) Has A Meaningful Debt Burden
Jun 03Calculating The Fair Value Of Airport City Ltd. (TLV:ARPT)
Dec 01Airport City (TLV:ARPT) Has A Pretty Healthy Balance Sheet
Oct 05Here's Why Airport City (TLV:ARPT) Can Manage Its Debt Responsibly
Jun 24What Type Of Shareholders Own The Most Number of Airport City Ltd. (TLV:ARPT) Shares?
Jan 15
Airport City's (TLV:ARPT) Earnings Are Growing But Is There More To The Story?
Nov 23Revenue & Expenses BreakdownBeta
How Airport City 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 | 1,021 | 253 | 59 | 0 |
| 30 Sep 23 | 986 | 271 | 67 | 0 |
| 30 Jun 23 | 953 | 404 | 68 | 0 |
| 31 Mar 23 | 952 | 447 | 63 | 0 |
| 31 Dec 22 | 903 | 616 | 58 | 0 |
| 30 Sep 22 | 884 | 1,169 | 44 | 0 |
| 30 Jun 22 | 858 | 1,457 | 41 | 0 |
| 31 Mar 22 | 818 | 1,444 | 37 | 0 |
| 31 Dec 21 | 816 | 1,405 | 38 | 0 |
| 30 Sep 21 | 835 | 867 | 37 | 0 |
| 30 Jun 21 | 867 | 438 | 40 | 0 |
| 31 Mar 21 | 858 | 373 | 45 | 0 |
| 31 Dec 20 | 889 | 192 | 45 | 0 |
| 30 Sep 20 | 891 | 946 | 51 | 0 |
| 30 Jun 20 | 894 | 958 | 46 | 0 |
| 31 Mar 20 | 921 | 988 | 45 | 0 |
| 31 Dec 19 | 910 | 1,069 | 46 | 0 |
| 30 Sep 19 | 915 | 509 | 44 | 0 |
| 30 Jun 19 | 912 | 556 | 46 | 0 |
| 31 Mar 19 | 931 | 602 | 44 | 0 |
| 31 Dec 18 | 1,025 | 638 | 42 | 0 |
| 30 Sep 18 | 997 | 902 | 38 | 0 |
| 30 Jun 18 | 948 | 822 | 40 | 0 |
| 31 Mar 18 | 898 | 781 | 40 | 0 |
| 31 Dec 17 | 781 | 742 | 39 | 0 |
| 30 Sep 17 | 783 | 401 | 40 | 0 |
| 30 Jun 17 | 787 | 387 | 38 | 0 |
| 31 Mar 17 | 790 | 415 | 37 | 0 |
| 31 Dec 16 | 795 | 493 | 37 | 0 |
| 30 Sep 16 | 804 | 434 | 38 | 0 |
| 30 Jun 16 | 809 | 419 | 40 | 0 |
| 31 Mar 16 | 798 | 392 | 40 | 0 |
| 31 Dec 15 | 782 | 323 | 42 | 0 |
| 30 Sep 15 | 762 | 334 | 37 | 0 |
| 30 Jun 15 | 746 | 321 | 35 | 0 |
| 31 Mar 15 | 746 | 336 | 37 | 0 |
| 31 Dec 14 | 753 | 334 | 35 | 0 |
| 30 Sep 14 | 759 | 339 | 45 | 0 |
| 30 Jun 14 | 759 | 313 | 43 | 0 |
| 31 Mar 14 | 756 | 277 | 40 | 0 |
| 31 Dec 13 | 752 | 244 | 37 | 0 |
| 30 Sep 13 | 739 | 310 | 32 | 0 |
| 30 Jun 13 | 726 | 334 | 33 | 0 |
Quality Earnings: ARPT has a large one-off loss of ₪168.7M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: ARPT's current net profit margins (24.8%) are lower than last year (68.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ARPT's earnings have declined by 2.7% per year over the past 5 years.
Accelerating Growth: ARPT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ARPT had negative earnings growth (-58.9%) over the past year, making it difficult to compare to the Real Estate industry average (-41.5%).
Return on Equity
High ROE: ARPT's Return on Equity (2.6%) is considered low.