Icelandair Group hf Past Earnings Performance
Past criteria checks 2/6
Icelandair Group hf has been growing earnings at an average annual rate of 36.6%, while the Airlines industry saw earnings growing at 16.5% annually. Revenues have been growing at an average rate of 2.4% per year. Icelandair Group hf's return on equity is 0.4%, and it has net margins of 0.03%.
Key information
36.6%
Earnings growth rate
54.5%
EPS growth rate
| Airlines Industry Growth | 0.5% |
| Revenue growth rate | 2.4% |
| Return on equity | 0.4% |
| Net Margin | 0.03% |
| Next Earnings Update | 19 Jul 2024 |
Recent past performance updates
Recent updates
Icelandair Group hf's (ICE:ICEAIR) Promising Earnings May Rest On Soft Foundations
Feb 09
Does Icelandair Group hf (ICE:ICEAIR) Have A Healthy Balance Sheet?
Jan 26Revenues Not Telling The Story For Icelandair Group hf. (ICE:ICEAIR)
Jul 27Investors Could Be Concerned With Icelandair Group hf's (ICE:ICEAIR) Returns On Capital
May 05Is Icelandair Group hf (ICE:ICEAIR) Using Debt Sensibly?
Jan 06Is Icelandair Group hf (ICE:ICEAIR) Using Debt In A Risky Way?
Sep 23Icelandair Group hf (ICE:ICEAIR) Has Debt But No Earnings; Should You Worry?
May 06Shareholders Will Probably Hold Off On Increasing Icelandair Group hf.'s (ICE:ICEAIR) CEO Compensation For The Time Being
Feb 24Icelandair Group hf (ICE:ICEAIR) Has Debt But No Earnings; Should You Worry?
Dec 07Does Icelandair Group hf (ICE:ICEAIR) Have A Healthy Balance Sheet?
Dec 07Revenue & Expenses BreakdownBeta
How Icelandair Group hf 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 | 1,549 | 0 | 25 | 0 |
| 31 Dec 23 | 1,523 | 11 | 25 | 0 |
| 30 Sep 23 | 1,498 | 31 | 30 | 0 |
| 30 Jun 23 | 1,424 | 2 | 29 | 0 |
| 31 Mar 23 | 1,339 | -8 | 29 | 0 |
| 31 Dec 22 | 1,263 | -8 | 24 | 0 |
| 30 Sep 22 | 1,164 | -30 | 21 | 0 |
| 30 Jun 22 | 934 | -66 | 17 | 0 |
| 31 Mar 22 | 679 | -124 | 16 | 0 |
| 31 Dec 21 | 577 | -104 | 13 | 0 |
| 30 Sep 21 | 437 | -148 | 11 | 0 |
| 30 Jun 21 | 284 | -130 | 10 | 0 |
| 31 Mar 21 | 272 | -165 | 7 | 0 |
| 31 Dec 20 | 426 | -367 | 9 | 0 |
| 30 Sep 20 | 692 | -314 | 15 | 0 |
| 30 Jun 20 | 1,123 | -290 | 17 | 0 |
| 31 Mar 20 | 1,469 | -232 | 21 | 0 |
| 31 Dec 19 | 1,502 | -56 | 24 | 0 |
| 30 Sep 19 | 1,480 | -83 | 23 | 0 |
| 30 Jun 19 | 1,491 | -83 | 26 | 0 |
| 31 Mar 19 | 1,483 | -77 | 28 | 0 |
| 31 Dec 18 | 1,506 | -56 | 29 | 0 |
| 30 Sep 18 | 1,500 | -38 | 33 | 0 |
| 30 Jun 18 | 1,492 | -3 | 31 | 0 |
| 31 Mar 18 | 1,461 | 33 | 30 | 0 |
| 31 Dec 17 | 1,418 | 37 | 30 | 0 |
| 30 Sep 17 | 1,383 | 54 | 29 | 0 |
| 30 Jun 17 | 1,331 | 60 | 30 | 0 |
| 31 Mar 17 | 1,295 | 76 | 30 | 0 |
| 31 Dec 16 | 1,285 | 89 | 29 | 0 |
| 30 Sep 16 | 1,258 | 112 | 28 | 0 |
| 30 Jun 16 | 1,201 | 113 | 27 | 0 |
| 31 Mar 16 | 1,164 | 109 | 25 | 0 |
| 31 Dec 15 | 1,138 | 111 | 24 | 0 |
| 30 Sep 15 | 1,114 | 97 | 24 | 0 |
| 30 Jun 15 | 1,104 | 79 | 34 | 0 |
| 31 Mar 15 | 1,108 | 77 | 24 | 0 |
| 31 Dec 14 | 1,113 | 64 | 24 | 0 |
| 30 Sep 14 | 1,119 | 70 | 22 | 0 |
| 30 Jun 14 | 1,072 | 49 | 21 | 0 |
| 31 Mar 14 | 1,040 | 48 | 21 | 0 |
| 31 Dec 13 | 1,022 | 56 | 21 | 0 |
| 30 Sep 13 | 999 | 57 | 20 | 0 |
| 30 Jun 13 | 945 | 43 | 9 | 0 |
Quality Earnings: ICEAIR has a large one-off gain of $2.0M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: ICEAIR became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ICEAIR has become profitable over the past 5 years, growing earnings by 36.6% per year.
Accelerating Growth: ICEAIR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ICEAIR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Airlines industry (75.1%).
Return on Equity
High ROE: ICEAIR's Return on Equity (0.4%) is considered low.