Middle East Insurance Past Earnings Performance
Past criteria checks 2/6
Middle East Insurance has been growing earnings at an average annual rate of 17.4%, while the Insurance industry saw earnings growing at 9.5% annually. Revenues have been growing at an average rate of 2.4% per year. Middle East Insurance's return on equity is 3.7%, and it has net margins of 5.4%.
Key information
17.4%
Earnings growth rate
17.4%
EPS growth rate
| Insurance Industry Growth | 8.2% |
| Revenue growth rate | 2.4% |
| Return on equity | 3.7% |
| Net Margin | 5.4% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Middle East Insurance 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 Sep 23 | 27 | 1 | 6 | 0 |
| 30 Jun 23 | 23 | 2 | 6 | 0 |
| 31 Mar 23 | 26 | 2 | 6 | 0 |
| 31 Dec 22 | 25 | 2 | 6 | 0 |
| 30 Sep 22 | 25 | 3 | 1 | 0 |
| 30 Jun 22 | 26 | 1 | 6 | 0 |
| 31 Mar 22 | 24 | 2 | 6 | 0 |
| 31 Dec 21 | 24 | 2 | 6 | 0 |
| 30 Sep 21 | 24 | 2 | 6 | 0 |
| 30 Jun 21 | 24 | 3 | 6 | 0 |
| 31 Mar 21 | 23 | 2 | 6 | 0 |
| 31 Dec 20 | 22 | 1 | 6 | 0 |
| 30 Sep 20 | 22 | 1 | 6 | 0 |
| 30 Jun 20 | 22 | 0 | 5 | 0 |
| 31 Mar 20 | 23 | 1 | 5 | 0 |
| 31 Dec 19 | 24 | 1 | 5 | 0 |
| 30 Sep 19 | 24 | 1 | 5 | 0 |
| 30 Jun 19 | 23 | 1 | 5 | 0 |
| 31 Mar 19 | 23 | 1 | 5 | 0 |
| 31 Dec 18 | 24 | 1 | 5 | 0 |
| 30 Sep 18 | 23 | 1 | 5 | 0 |
| 30 Jun 18 | 23 | 1 | 5 | 0 |
| 31 Mar 18 | 23 | 1 | 5 | 0 |
| 31 Dec 17 | 22 | 1 | 5 | 0 |
| 30 Sep 17 | 22 | 1 | 5 | 0 |
| 30 Jun 17 | 22 | 1 | 5 | 0 |
| 31 Mar 17 | 22 | 1 | 5 | 0 |
| 31 Dec 16 | 26 | 5 | 5 | 0 |
| 30 Sep 16 | 26 | 6 | 5 | 0 |
| 30 Jun 16 | 25 | 6 | 4 | 0 |
| 31 Mar 16 | 25 | 6 | 4 | 0 |
| 31 Dec 15 | 20 | 2 | 4 | 0 |
| 30 Sep 15 | 19 | 1 | 4 | 0 |
| 30 Jun 15 | 19 | 1 | 4 | 0 |
| 31 Mar 15 | 18 | 1 | 4 | 0 |
| 31 Dec 14 | 20 | 2 | 4 | 0 |
| 30 Sep 14 | 22 | 3 | 4 | 0 |
| 30 Jun 14 | 23 | 4 | 4 | 0 |
| 31 Mar 14 | 23 | 4 | 4 | 0 |
| 31 Dec 13 | 21 | 3 | 4 | 0 |
| 30 Sep 13 | 19 | 2 | 4 | 0 |
| 30 Jun 13 | 18 | 2 | 4 | 0 |
Quality Earnings: MEIN has high quality earnings.
Growing Profit Margin: MEIN's current net profit margins (5.4%) are lower than last year (10.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MEIN's earnings have grown by 17.4% per year over the past 5 years.
Accelerating Growth: MEIN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MEIN had negative earnings growth (-44.2%) over the past year, making it difficult to compare to the Insurance industry average (20.7%).
Return on Equity
High ROE: MEIN's Return on Equity (3.7%) is considered low.