Innomet Advanced Materials Past Earnings Performance
Past criteria checks 1/6
Innomet Advanced Materials has been growing earnings at an average annual rate of 60.2%, while the Metals and Mining industry saw earnings growing at 27.8% annually. Revenues have been growing at an average rate of 24.4% per year. Innomet Advanced Materials's return on equity is 17.1%, and it has net margins of 8.5%.
Key information
60.2%
Earnings growth rate
50.1%
EPS growth rate
| Metals and Mining Industry Growth | 25.9% |
| Revenue growth rate | 24.4% |
| Return on equity | 17.1% |
| Net Margin | 8.5% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Innomet Advanced Materials 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 | 296 | 25 | 56 | 0 |
| 31 Mar 23 | 271 | 32 | 42 | 0 |
| 31 Mar 22 | 224 | 6 | 47 | 0 |
| 31 Mar 21 | 125 | 2 | 31 | 0 |
| 31 Mar 20 | 104 | 1 | 36 | 0 |
Quality Earnings: INNOMET has a high level of non-cash earnings.
Growing Profit Margin: INNOMET's current net profit margins (8.5%) are lower than last year (11.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: INNOMET's earnings have grown significantly by 60.2% per year over the past 5 years.
Accelerating Growth: INNOMET's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: INNOMET had negative earnings growth (-21.7%) over the past year, making it difficult to compare to the Metals and Mining industry average (19.3%).
Return on Equity
High ROE: INNOMET's Return on Equity (17.1%) is considered low.