AB K2 LT Past Earnings Performance
Past criteria checks 4/6
AB K2 LT has been growing earnings at an average annual rate of 0.4%, while the Consumer Services industry saw earnings growing at 15.6% annually. Revenues have been growing at an average rate of 5.4% per year. AB K2 LT's return on equity is 11.1%, and it has net margins of 31%.
Key information
0.4%
Earnings growth rate
-1.3%
EPS growth rate
| Consumer Services Industry Growth | 10.5% |
| Revenue growth rate | 5.4% |
| Return on equity | 11.1% |
| Net Margin | 31.0% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How AB K2 LT 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 Jun 24 | 2 | 1 | 1 | 0 |
| 31 Mar 24 | 2 | 1 | 1 | 0 |
| 31 Dec 23 | 2 | 1 | 1 | 0 |
| 30 Jun 23 | 2 | 1 | 1 | 0 |
| 31 Mar 23 | 2 | 1 | 1 | 0 |
| 31 Dec 22 | 2 | 1 | 1 | 0 |
| 30 Sep 22 | 2 | 1 | 1 | 0 |
| 30 Jun 22 | 2 | 1 | 1 | 0 |
| 31 Mar 22 | 3 | 1 | 1 | 0 |
| 31 Dec 21 | 3 | 1 | 1 | 0 |
| 30 Sep 21 | 2 | 1 | 1 | 0 |
| 30 Jun 21 | 2 | 1 | 1 | 0 |
| 31 Mar 21 | 2 | 1 | 1 | 0 |
| 31 Dec 20 | 2 | 1 | 1 | 0 |
| 30 Sep 20 | 2 | 1 | 1 | 0 |
| 30 Jun 20 | 2 | 1 | 1 | 0 |
| 31 Mar 20 | 2 | 1 | 1 | 0 |
| 31 Dec 19 | 1 | 1 | 1 | 0 |
| 30 Sep 19 | 1 | 0 | 1 | 0 |
| 30 Jun 19 | 1 | 0 | 1 | 0 |
| 31 Mar 19 | 1 | 0 | 1 | 0 |
| 31 Dec 18 | 1 | 0 | 1 | 0 |
| 31 Dec 17 | 1 | 0 | 1 | 0 |
| 31 Dec 16 | 1 | 1 | 0 | 0 |
Quality Earnings: K2LT has high quality earnings.
Growing Profit Margin: K2LT's current net profit margins (31%) are higher than last year (26.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: K2LT's earnings have grown by 0.4% per year over the past 5 years.
Accelerating Growth: K2LT's earnings growth over the past year (12.9%) exceeds its 5-year average (0.4% per year).
Earnings vs Industry: K2LT earnings growth over the past year (12.9%) did not outperform the Consumer Services industry 12.9%.
Return on Equity
High ROE: K2LT's Return on Equity (11.1%) is considered low.