Starts Past Earnings Performance
Past criteria checks 3/6
Starts has been growing earnings at an average annual rate of 7.9%, while the Real Estate industry saw earnings growing at 5.2% annually. Revenues have been growing at an average rate of 3.7% per year. Starts's return on equity is 13.4%, and it has net margins of 8.9%.
Key information
7.9%
Earnings growth rate
9.5%
EPS growth rate
| Real Estate Industry Growth | 5.9% |
| Revenue growth rate | 3.7% |
| Return on equity | 13.4% |
| Net Margin | 8.9% |
| Next Earnings Update | 10 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Starts 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 | 229,479 | 20,340 | 41,667 | 0 |
| 30 Sep 23 | 240,256 | 20,149 | 40,994 | 0 |
| 30 Jun 23 | 238,512 | 20,474 | 40,098 | 0 |
| 31 Mar 23 | 233,871 | 20,218 | 38,945 | 0 |
| 31 Dec 22 | 225,142 | 19,885 | 37,169 | 0 |
| 30 Sep 22 | 204,249 | 19,205 | 36,089 | 0 |
| 30 Jun 22 | 197,833 | 17,835 | 35,551 | 0 |
| 31 Mar 22 | 196,578 | 16,772 | 35,060 | 0 |
| 31 Dec 21 | 195,026 | 16,469 | 34,517 | 0 |
| 30 Sep 21 | 195,863 | 16,124 | 34,286 | 0 |
| 30 Jun 21 | 198,052 | 16,010 | 33,832 | 0 |
| 31 Mar 21 | 198,963 | 15,599 | 33,089 | 0 |
| 31 Dec 20 | 212,097 | 15,006 | 34,158 | 0 |
| 30 Sep 20 | 211,400 | 14,948 | 34,661 | 0 |
| 30 Jun 20 | 213,881 | 15,732 | 35,333 | 0 |
| 31 Mar 20 | 209,091 | 15,059 | 36,065 | 0 |
| 31 Dec 19 | 194,278 | 15,269 | 35,904 | 0 |
| 30 Sep 19 | 190,618 | 14,943 | 35,486 | 0 |
| 30 Jun 19 | 197,079 | 15,017 | 35,440 | 0 |
| 31 Mar 19 | 195,177 | 15,264 | 34,919 | 0 |
| 31 Dec 18 | 188,267 | 13,799 | 33,973 | 0 |
| 30 Sep 18 | 189,437 | 14,453 | 33,346 | 0 |
| 30 Jun 18 | 171,264 | 13,475 | 32,385 | 0 |
| 31 Mar 18 | 168,870 | 13,727 | 31,865 | 0 |
| 31 Dec 17 | 166,228 | 13,229 | 31,903 | 0 |
| 30 Sep 17 | 183,385 | 14,232 | 31,427 | 0 |
| 30 Jun 17 | 182,828 | 13,905 | 30,850 | 0 |
| 31 Mar 17 | 180,807 | 13,646 | 30,416 | 0 |
| 31 Dec 16 | 177,218 | 13,069 | 29,589 | 0 |
| 30 Sep 16 | 152,315 | 10,842 | 28,901 | 0 |
| 30 Jun 16 | 153,726 | 10,458 | 28,515 | 0 |
| 31 Mar 16 | 160,174 | 10,680 | 28,706 | 0 |
| 31 Dec 15 | 161,796 | 10,063 | 27,779 | 0 |
| 30 Sep 15 | 169,728 | 9,256 | 27,786 | 0 |
| 30 Jun 15 | 165,755 | 9,076 | 27,399 | 0 |
| 31 Mar 15 | 156,752 | 10,657 | 26,390 | 0 |
| 31 Dec 14 | 155,963 | 11,566 | 25,830 | 0 |
| 30 Sep 14 | 145,439 | 11,222 | 25,454 | 0 |
| 30 Jun 14 | 144,800 | 10,599 | 25,141 | 0 |
| 31 Mar 14 | 151,033 | 8,100 | 24,726 | 0 |
| 31 Dec 13 | 147,909 | 6,713 | 24,243 | 0 |
| 30 Sep 13 | 144,008 | 6,013 | 23,637 | 0 |
| 30 Jun 13 | 138,984 | 5,206 | 23,126 | 0 |
Quality Earnings: 8850 has high quality earnings.
Growing Profit Margin: 8850's current net profit margins (8.9%) are higher than last year (8.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 8850's earnings have grown by 7.9% per year over the past 5 years.
Accelerating Growth: 8850's earnings growth over the past year (2.3%) is below its 5-year average (7.9% per year).
Earnings vs Industry: 8850 earnings growth over the past year (2.3%) did not outperform the Real Estate industry 8.5%.
Return on Equity
High ROE: 8850's Return on Equity (13.4%) is considered low.