Sato Foods Past Earnings Performance
Past criteria checks 5/6
Sato Foods has been growing earnings at an average annual rate of 22%, while the Food industry saw earnings growing at 5.5% annually. Revenues have been declining at an average rate of 1.5% per year. Sato Foods's return on equity is 12.2%, and it has net margins of 6.1%.
Key information
22.0%
Earnings growth rate
22.0%
EPS growth rate
| Food Industry Growth | 4.1% |
| Revenue growth rate | -1.5% |
| Return on equity | 12.2% |
| Net Margin | 6.1% |
| Next Earnings Update | 13 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Sato Foods 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 Jan 24 | 41,548 | 2,528 | 7,927 | 0 |
| 31 Oct 23 | 40,334 | 2,025 | 7,846 | 0 |
| 31 Jul 23 | 39,856 | 1,783 | 7,870 | 0 |
| 30 Apr 23 | 39,666 | 1,841 | 7,755 | 0 |
| 31 Jan 23 | 40,220 | 1,608 | 8,135 | 0 |
| 31 Oct 22 | 40,214 | 2,029 | 8,004 | 0 |
| 31 Jul 22 | 39,796 | 2,122 | 7,852 | 0 |
| 30 Apr 22 | 39,051 | 1,938 | 7,721 | 0 |
| 31 Jan 22 | 39,562 | 1,907 | 9,048 | 0 |
| 31 Oct 21 | 44,247 | 1,460 | 14,019 | 0 |
| 31 Jul 21 | 45,954 | 1,335 | 16,127 | 0 |
| 30 Apr 21 | 46,944 | 1,489 | 17,108 | 0 |
| 31 Jan 21 | 48,074 | 1,573 | 17,332 | 0 |
| 31 Oct 20 | 45,941 | 1,509 | 16,556 | 0 |
| 31 Jul 20 | 45,693 | 1,159 | 16,542 | 0 |
| 30 Apr 20 | 44,888 | 688 | 16,584 | 0 |
| 31 Jan 20 | 42,216 | 516 | 15,573 | 0 |
| 31 Oct 19 | 41,951 | 612 | 15,245 | 0 |
| 31 Jul 19 | 41,184 | 733 | 14,871 | 0 |
| 30 Apr 19 | 40,900 | 892 | 14,735 | 0 |
| 31 Jan 19 | 40,389 | 950 | 14,723 | 0 |
| 31 Oct 18 | 39,996 | 819 | 14,455 | 0 |
| 31 Jul 18 | 39,204 | 782 | 14,217 | 0 |
| 30 Apr 18 | 38,686 | 650 | 14,163 | 0 |
| 31 Jan 18 | 38,659 | 668 | 14,089 | 0 |
| 31 Oct 17 | 38,517 | 857 | 13,987 | 0 |
| 31 Jul 17 | 37,626 | 798 | 13,560 | 0 |
| 30 Apr 17 | 37,085 | 840 | 13,183 | 0 |
| 31 Jan 17 | 36,972 | 808 | 13,164 | 0 |
| 31 Oct 16 | 36,927 | 899 | 12,863 | 0 |
| 31 Jul 16 | 36,601 | 826 | 12,743 | 0 |
| 30 Apr 16 | 36,205 | 794 | 12,650 | 0 |
| 31 Jan 16 | 35,718 | 377 | 12,165 | 0 |
| 31 Oct 15 | 34,972 | 116 | 12,043 | 0 |
| 30 Apr 15 | 33,551 | 119 | 11,170 | 0 |
Quality Earnings: 2923 has high quality earnings.
Growing Profit Margin: 2923's current net profit margins (6.1%) are higher than last year (4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2923's earnings have grown significantly by 22% per year over the past 5 years.
Accelerating Growth: 2923's earnings growth over the past year (57.2%) exceeds its 5-year average (22% per year).
Earnings vs Industry: 2923 earnings growth over the past year (57.2%) exceeded the Food industry 18.4%.
Return on Equity
High ROE: 2923's Return on Equity (12.2%) is considered low.