G.M. Leather Past Earnings Performance
Past criteria checks 1/6
G.M. Leather's earnings have been declining at an average annual rate of -1.5%, while the Luxury industry saw earnings growing at 29.2% annually. Revenues have been growing at an average rate of 5.8% per year. G.M. Leather's return on equity is 15.2%, and it has net margins of 4.9%.
Key information
-1.5%
Earnings growth rate
1.4%
EPS growth rate
| Luxury Industry Growth | 15.4% |
| Revenue growth rate | 5.8% |
| Return on equity | 15.2% |
| Net Margin | 4.9% |
| Last Earnings Update | 31 Dec 2023 |
Revenue & Expenses BreakdownBeta
How G.M. Leather 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 | 42 | 2 | 5 | 0 |
| 30 Sep 23 | 42 | 2 | 5 | 0 |
| 30 Jun 23 | 42 | 2 | 5 | 0 |
| 31 Mar 23 | 42 | 2 | 4 | 0 |
| 31 Dec 22 | 42 | 2 | 4 | 0 |
| 31 Dec 21 | 50 | 2 | 4 | 0 |
| 31 Dec 20 | 29 | 2 | 3 | 0 |
Quality Earnings: GML has a high level of non-cash earnings.
Growing Profit Margin: GML's current net profit margins (4.9%) are higher than last year (4.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if GML's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare GML's past year earnings growth to its 5-year average.
Earnings vs Industry: GML earnings growth over the past year (1.4%) did not outperform the Luxury industry 17.5%.
Return on Equity
High ROE: GML's Return on Equity (15.2%) is considered low.