Equity Two Past Earnings Performance
Past criteria checks 4/6
Equity Two has been growing earnings at an average annual rate of 12.3%, while the Real Estate industry saw earnings growing at 9.6% annually. Revenues have been growing at an average rate of 7% per year. Equity Two's return on equity is 14.1%, and it has net margins of 125.1%.
Key information
12.3%
Earnings growth rate
11.2%
EPS growth rate
| Real Estate Industry Growth | 3.9% |
| Revenue growth rate | 7.0% |
| Return on equity | 14.1% |
| Net Margin | 125.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Equity Two 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 |
|---|---|---|---|---|
| 30 Sep 24 | 200 | 251 | 18 | 0 |
| 30 Jun 24 | 189 | 243 | 18 | 0 |
| 31 Mar 24 | 181 | 238 | 17 | 0 |
| 31 Dec 23 | 168 | 195 | 16 | 0 |
| 30 Sep 23 | 161 | 111 | 17 | 0 |
| 30 Jun 23 | 153 | 109 | 16 | 0 |
| 31 Mar 23 | 146 | 101 | 15 | 0 |
| 31 Dec 22 | 140 | 31 | 13 | 0 |
| 30 Sep 22 | 136 | 106 | 10 | 0 |
| 30 Jun 22 | 135 | 102 | 9 | 0 |
| 31 Mar 22 | 134 | 104 | 8 | 0 |
| 31 Dec 21 | 133 | 116 | 8 | 0 |
| 30 Sep 21 | 131 | 117 | 8 | 0 |
| 30 Jun 21 | 129 | 118 | 8 | 0 |
| 31 Mar 21 | 125 | 116 | 8 | 0 |
| 31 Dec 20 | 126 | 74 | 8 | 0 |
| 30 Sep 20 | 129 | 75 | 8 | 0 |
| 30 Jun 20 | 134 | 78 | 8 | 0 |
| 31 Mar 20 | 141 | 82 | 9 | 0 |
| 31 Dec 19 | 141 | 196 | 9 | 0 |
| 30 Sep 19 | 145 | 192 | 8 | 0 |
| 30 Jun 19 | 145 | 191 | 8 | 0 |
| 31 Mar 19 | 144 | 190 | 8 | 0 |
| 31 Dec 18 | 144 | 129 | 8 | 0 |
| 30 Sep 18 | 140 | 133 | 8 | 0 |
| 30 Jun 18 | 137 | 133 | 8 | 0 |
| 31 Mar 18 | 136 | 133 | 8 | 0 |
| 31 Dec 17 | 134 | 75 | 8 | 0 |
| 30 Sep 17 | 131 | 70 | 10 | 0 |
| 30 Jun 17 | 127 | 63 | 11 | 0 |
| 31 Mar 17 | 119 | 57 | 11 | 0 |
| 31 Dec 16 | 111 | 174 | 11 | 0 |
| 30 Sep 16 | 106 | 171 | 10 | 0 |
| 30 Jun 16 | 104 | 172 | 10 | 0 |
| 31 Mar 16 | 105 | 174 | 10 | 0 |
| 31 Dec 15 | 105 | 153 | 9 | 0 |
| 30 Sep 15 | 102 | 151 | 8 | 0 |
| 30 Jun 15 | 98 | 151 | 6 | 0 |
| 31 Mar 15 | 95 | 152 | 5 | 0 |
| 31 Dec 14 | 92 | 94 | 7 | 0 |
| 30 Sep 14 | 93 | 101 | 8 | 0 |
| 30 Jun 14 | 78 | 89 | 9 | 0 |
| 31 Mar 14 | 61 | 79 | 9 | 0 |
| 31 Dec 13 | 43 | 66 | 6 | 0 |
Quality Earnings: ETWO.N0000 has a large one-off gain of LKR192.4M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: ETWO.N0000's current net profit margins are higher than last year (69.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ETWO.N0000's earnings have grown by 12.3% per year over the past 5 years.
Accelerating Growth: ETWO.N0000's earnings growth over the past year (125.5%) exceeds its 5-year average (12.3% per year).
Earnings vs Industry: ETWO.N0000 earnings growth over the past year (125.5%) exceeded the Real Estate industry 47.9%.
Return on Equity
High ROE: ETWO.N0000's Return on Equity (14.1%) is considered low.