Safaricom Past Earnings Performance

Past criteria checks 2/6

Safaricom's earnings have been declining at an average annual rate of -1.7%, while the Wireless Telecom industry saw earnings growing at 0.6% annually. Revenues have been growing at an average rate of 6.2% per year. Safaricom's return on equity is 12.7%, and it has net margins of 18.2%.

Key information

-1.7%

Earnings growth rate

-1.4%

EPS growth rate

Wireless Telecom Industry Growth13.0%
Revenue growth rate6.2%
Return on equity12.7%
Net Margin18.2%
Last Earnings Update31 Mar 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Safaricom makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NASE:SCOM Revenue, expenses and earnings (KES Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 24345,89362,9925,8070
31 Dec 23333,12462,9779,8590
30 Sep 23319,18962,96113,9100
30 Jun 23313,75162,61510,0960
31 Mar 23308,31362,2696,2820
31 Dec 22304,40464,1099,2450
30 Sep 22301,66165,94812,2080
30 Jun 22298,74967,7988,1920
31 Mar 22295,83869,6484,1770
31 Dec 21289,76171,2134,8640
30 Sep 21283,68572,7795,5500
30 Jun 21272,81570,7275,1400
31 Mar 21261,94568,6764,7310
31 Dec 20259,52770,1043,6680
30 Sep 20257,10971,5322,6060
30 Jun 20259,80472,5952,9030
31 Mar 20262,49973,6583,1990
31 Dec 19260,01970,087-10,1970
30 Sep 19257,37966,5162,2270
30 Jun 19253,75164,5033,7420
31 Mar 19250,12362,4915,2570
31 Dec 18246,21661,37519,3820
30 Sep 18242,44960,2595,3080
30 Jun 18238,32957,7744,4630
31 Mar 18234,20955,2893,6180
31 Dec 17230,90453,00324,0030
30 Sep 17227,60050,7146,5780
30 Jun 17221,44049,5794,8580
31 Mar 17215,27848,4443,1380
31 Dec 16208,01646,198-6,9880
30 Sep 16200,75943,9542,3860
30 Jun 16198,32541,0292,3860
31 Mar 16195,89038,1042,3860
31 Dec 15188,81536,672-6,6500
30 Sep 15181,74035,240-15,6050
30 Jun 15172,79833,555-6,8850
31 Mar 15163,85631,8711,8350
31 Dec 14159,37429,169-4,5930
30 Sep 14154,89526,4683,4380
30 Jun 14149,82524,7432,4980
31 Mar 14144,75523,0181,5580
31 Dec 13139,57822,0216,8150
30 Sep 13134,37121,02516,7440
30 Jun 13129,32919,28314,9320

Quality Earnings: SCOM has a large one-off gain of KES22.4B impacting its last 12 months of financial results to 31st March, 2024.

Growing Profit Margin: SCOM's current net profit margins (18.2%) are lower than last year (20.2%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: SCOM's earnings have declined by 1.7% per year over the past 5 years.

Accelerating Growth: SCOM's earnings growth over the past year (1.2%) exceeds its 5-year average (-1.7% per year).

Earnings vs Industry: SCOM earnings growth over the past year (1.2%) exceeded the Wireless Telecom industry -2.8%.


Return on Equity

High ROE: SCOM's Return on Equity (12.7%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.