CIC Insurance Group Past Earnings Performance
Past criteria checks 5/6
CIC Insurance Group has been growing earnings at an average annual rate of 44.2%, while the Insurance industry saw earnings growing at 8.3% annually. Revenues have been growing at an average rate of 11% per year. CIC Insurance Group's return on equity is 18.9%, and it has net margins of 5.2%.
Key information
44.2%
Earnings growth rate
44.1%
EPS growth rate
| Insurance Industry Growth | 18.5% |
| Revenue growth rate | 11.0% |
| Return on equity | 18.9% |
| Net Margin | 5.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How CIC Insurance Group 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 | 28,916 | 1,498 | 3 | 0 |
| 30 Sep 23 | 28,389 | 935 | -4,062 | 0 |
| 30 Jun 23 | 24,368 | 1,500 | 5,364 | 0 |
| 31 Mar 23 | 23,147 | 1,279 | 5,364 | 0 |
| 31 Dec 22 | 23,381 | 156 | -1 | 0 |
| 30 Sep 22 | 20,952 | 488 | 4,664 | 0 |
| 30 Jun 22 | 19,582 | 706 | 5,270 | 0 |
| 31 Mar 22 | 19,144 | 648 | 4,938 | 0 |
| 31 Dec 21 | 18,665 | 589 | 4,602 | 0 |
| 30 Sep 21 | 18,439 | 476 | 4,538 | 0 |
| 30 Jun 21 | 18,256 | 362 | 4,509 | 0 |
| 31 Mar 21 | 17,523 | 65 | 4,244 | 0 |
| 31 Dec 20 | 16,746 | -233 | 3,944 | 0 |
| 30 Sep 20 | 16,842 | -140 | 3,897 | 0 |
| 30 Jun 20 | 16,857 | -47 | 3,849 | 0 |
| 31 Mar 20 | 17,070 | 131 | 4,022 | 0 |
| 31 Dec 19 | 17,364 | 309 | 4,195 | 0 |
| 30 Sep 19 | 16,918 | 132 | 4,088 | 0 |
| 30 Jun 19 | 16,471 | 99 | 3,981 | 0 |
| 31 Mar 19 | 16,465 | 357 | 3,911 | 0 |
| 31 Dec 18 | 16,459 | 471 | 3,842 | 0 |
| 30 Sep 18 | 16,027 | 575 | 4,143 | 0 |
| 30 Jun 18 | 15,595 | 679 | 4,320 | 0 |
| 31 Mar 18 | 15,160 | 584 | 4,241 | 0 |
| 31 Dec 17 | 14,725 | 489 | 4,162 | 0 |
| 30 Sep 17 | 14,096 | 262 | 4,219 | 0 |
| 30 Jun 17 | 13,354 | 162 | 4,426 | 0 |
| 31 Mar 17 | 12,590 | 140 | 4,133 | 0 |
| 31 Dec 16 | 11,826 | 118 | 3,840 | 0 |
| 30 Sep 16 | 11,829 | 693 | 3,477 | 0 |
| 30 Jun 16 | 11,866 | 1,204 | 3,101 | 0 |
| 31 Mar 16 | 12,337 | 1,125 | 3,095 | 0 |
| 31 Dec 15 | 12,830 | 1,046 | 3,089 | 0 |
| 31 Dec 14 | 13,813 | 1,088 | 3,106 | 0 |
| 31 Dec 13 | 10,263 | 1,305 | 2,264 | 0 |
Quality Earnings: CIC has high quality earnings.
Growing Profit Margin: CIC's current net profit margins (5.2%) are higher than last year (0.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CIC's earnings have grown significantly by 44.2% per year over the past 5 years.
Accelerating Growth: CIC's earnings growth over the past year (857.4%) exceeds its 5-year average (44.2% per year).
Earnings vs Industry: CIC earnings growth over the past year (857.4%) exceeded the Insurance industry 43.2%.
Return on Equity
High ROE: CIC's Return on Equity (18.9%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 19:30 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
The CIC Insurance Group Plc is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Victor Koech | AIB-AXYS Africa Limited |