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 -8.6%, while the Luxury industry saw earnings growing at 19.1% annually. Revenues have been declining at an average rate of 7.7% per year. G.M. Leather's return on equity is 8.6%, and it has net margins of 3%.
Key information
-8.6%
Earnings growth rate
1.4%
EPS growth rate
| Luxury Industry Growth | 15.4% |
| Revenue growth rate | -7.7% |
| Return on equity | 8.6% |
| Net Margin | 3.0% |
| Last Earnings Update | 30 Jun 2024 |
Revenue & Expenses Breakdown
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 |
|---|---|---|---|---|
| 30 Jun 24 | 39 | 1 | 6 | 0 |
| 31 Mar 24 | 40 | 2 | 6 | 0 |
| 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 high quality earnings.
Growing Profit Margin: GML's current net profit margins (3%) are lower than last year (4.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GML's earnings have declined by 8.6% per year over the past 5 years.
Accelerating Growth: GML's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GML had negative earnings growth (-35.5%) over the past year, making it difficult to compare to the Luxury industry average (8.7%).
Return on Equity
High ROE: GML's Return on Equity (8.6%) is considered low.