Metal and Recycling Company K.S.C. (Public) Past Earnings Performance
Past criteria checks 2/6
Metal and Recycling Company K.S.C. (Public) has been growing earnings at an average annual rate of 35.7%, while the Commercial Services industry saw earnings growing at 10.1% annually. Revenues have been declining at an average rate of 12% per year. Metal and Recycling Company K.S.C. (Public)'s return on equity is 7.2%, and it has net margins of 1.8%.
Key information
35.7%
Earnings growth rate
35.7%
EPS growth rate
| Commercial Services Industry Growth | 12.2% |
| Revenue growth rate | -12.0% |
| Return on equity | 7.2% |
| Net Margin | 1.8% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Metal and Recycling Company K.S.C. (Public) 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 | 14 | 0 | 2 | 0 |
| 30 Sep 23 | 13 | 1 | 2 | 0 |
| 30 Jun 23 | 12 | 1 | 2 | 0 |
| 31 Mar 23 | 12 | 0 | 2 | 0 |
| 31 Dec 22 | 13 | 0 | 2 | 0 |
| 30 Sep 22 | 13 | 0 | 2 | 0 |
| 30 Jun 22 | 13 | -1 | 3 | 0 |
| 31 Mar 22 | 14 | -1 | 3 | 0 |
| 31 Dec 21 | 15 | -1 | 4 | 0 |
| 30 Sep 21 | 17 | -3 | 5 | 0 |
| 30 Jun 21 | 18 | -2 | 5 | 0 |
| 31 Mar 21 | 18 | -2 | 5 | 0 |
| 31 Dec 20 | 18 | -2 | 5 | 0 |
| 30 Sep 20 | 18 | -2 | 5 | 0 |
| 30 Jun 20 | 18 | -2 | 5 | 0 |
| 31 Mar 20 | 19 | -2 | 5 | 0 |
| 31 Dec 19 | 20 | -2 | 5 | 0 |
| 30 Sep 19 | 21 | -1 | 5 | 0 |
| 30 Jun 19 | 21 | -2 | 5 | 0 |
| 31 Mar 19 | 21 | -1 | 5 | 0 |
| 31 Dec 18 | 19 | -1 | 5 | 0 |
| 30 Sep 18 | 19 | -1 | 4 | 0 |
| 30 Jun 18 | 20 | 0 | 4 | 0 |
| 31 Mar 18 | 20 | 0 | 4 | 0 |
| 31 Dec 17 | 18 | 0 | 3 | 0 |
| 30 Sep 17 | 17 | 0 | 3 | 0 |
| 30 Jun 17 | 15 | 0 | 3 | 0 |
| 31 Mar 17 | 13 | 0 | 3 | 0 |
| 31 Dec 16 | 12 | 0 | 2 | 0 |
| 30 Sep 16 | 13 | -2 | 3 | 0 |
| 30 Jun 16 | 12 | -2 | 3 | 0 |
| 31 Mar 16 | 11 | -2 | 3 | 0 |
| 31 Dec 15 | 11 | -3 | 3 | 0 |
| 30 Sep 15 | 11 | -1 | 2 | 0 |
| 30 Jun 15 | 12 | 0 | 2 | 0 |
| 31 Mar 15 | 14 | 0 | 2 | 0 |
| 31 Dec 14 | 15 | 0 | 1 | 0 |
| 30 Sep 14 | 16 | 0 | 2 | 0 |
| 30 Jun 14 | 16 | 0 | 2 | 0 |
| 31 Mar 14 | 16 | -1 | 2 | 0 |
| 31 Dec 13 | 16 | -1 | 2 | 0 |
| 30 Sep 13 | 17 | -2 | 2 | 0 |
| 30 Jun 13 | 16 | -2 | 2 | 0 |
Quality Earnings: MRC has high quality earnings.
Growing Profit Margin: MRC's current net profit margins (1.8%) are lower than last year (3.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MRC has become profitable over the past 5 years, growing earnings by 35.7% per year.
Accelerating Growth: MRC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MRC had negative earnings growth (-39.9%) over the past year, making it difficult to compare to the Commercial Services industry average (7.9%).
Return on Equity
High ROE: MRC's Return on Equity (7.2%) is considered low.