Oceanic Foods Past Earnings Performance
Past criteria checks 3/6
Oceanic Foods has been growing earnings at an average annual rate of 2.5%, while the Food industry saw earnings growing at 14.1% annually. Revenues have been growing at an average rate of 5.1% per year. Oceanic Foods's return on equity is 9.2%, and it has net margins of 2.6%.
Key information
2.5%
Earnings growth rate
2.5%
EPS growth rate
| Food Industry Growth | 17.6% |
| Revenue growth rate | 5.1% |
| Return on equity | 9.2% |
| Net Margin | 2.6% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Oceanic Foods 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 |
|---|---|---|---|---|
| 30 Jun 24 | 1,212 | 31 | 33 | 0 |
| 31 Mar 24 | 1,087 | 25 | 39 | 0 |
| 30 Jun 23 | 825 | 28 | 42 | 0 |
| 31 Mar 23 | 878 | 30 | 42 | 0 |
| 31 Dec 22 | 1,038 | 19 | 36 | 0 |
| 30 Sep 22 | 1,169 | 24 | 41 | 0 |
| 30 Jun 22 | 1,214 | 24 | 34 | 0 |
| 31 Mar 22 | 1,218 | 27 | 42 | 0 |
| 31 Dec 21 | 1,207 | 42 | 38 | 0 |
| 30 Sep 21 | 1,121 | 33 | 36 | 0 |
| 30 Jun 21 | 1,080 | 22 | 33 | 0 |
| 31 Mar 21 | 1,063 | 22 | 33 | 0 |
| 31 Dec 20 | 938 | 16 | 23 | 0 |
| 30 Sep 20 | 926 | 19 | 22 | 0 |
| 30 Jun 20 | 852 | 30 | 22 | 0 |
| 31 Mar 20 | 881 | 29 | 22 | 0 |
| 31 Dec 19 | 880 | 30 | 28 | 0 |
| 30 Sep 19 | 872 | 25 | 34 | 0 |
| 30 Jun 19 | 836 | 22 | 36 | 0 |
| 31 Mar 19 | 758 | 25 | 28 | 0 |
| 31 Dec 18 | 778 | 19 | 37 | 0 |
| 30 Sep 18 | 771 | 16 | 36 | 0 |
| 30 Jun 18 | 793 | 14 | 36 | 0 |
| 31 Mar 18 | 815 | 13 | 37 | 0 |
| 31 Dec 17 | 808 | 20 | 33 | 0 |
| 30 Sep 17 | 770 | 29 | 34 | 0 |
| 30 Jun 17 | 769 | 25 | 33 | 0 |
| 31 Mar 17 | 783 | 20 | 32 | 0 |
| 31 Mar 16 | 626 | 16 | 33 | 0 |
| 31 Mar 15 | 812 | 12 | 26 | 0 |
| 31 Mar 14 | 714 | 13 | 30 | 0 |
Quality Earnings: 540405 has high quality earnings.
Growing Profit Margin: 540405's current net profit margins (2.6%) are lower than last year (3.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 540405's earnings have grown by 2.5% per year over the past 5 years.
Accelerating Growth: 540405's earnings growth over the past year (10.1%) exceeds its 5-year average (2.5% per year).
Earnings vs Industry: 540405 earnings growth over the past year (10.1%) did not outperform the Food industry 13.9%.
Return on Equity
High ROE: 540405's Return on Equity (9.2%) is considered low.