Litgrid Past Earnings Performance
Past criteria checks 3/6
Litgrid has been growing earnings at an average annual rate of 20.2%, while the Electric Utilities industry saw earnings growing at 14.7% annually. Revenues have been growing at an average rate of 21.3% per year. Litgrid's return on equity is 20.3%, and it has net margins of 13.2%.
Key information
20.2%
Earnings growth rate
20.3%
EPS growth rate
| Electric Utilities Industry Growth | 7.3% |
| Revenue growth rate | 21.3% |
| Return on equity | 20.3% |
| Net Margin | 13.2% |
| Next Earnings Update | 10 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Litgrid 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 | 367 | 48 | 18 | 0 |
| 30 Sep 23 | 403 | 37 | 20 | 0 |
| 30 Jun 23 | 474 | -17 | 20 | 0 |
| 31 Mar 23 | 473 | -35 | 19 | 0 |
| 31 Dec 22 | 419 | -49 | 16 | 0 |
| 30 Sep 22 | 384 | -44 | 15 | 0 |
| 30 Jun 22 | 301 | -7 | 15 | 0 |
| 31 Mar 22 | 274 | 7 | 15 | 0 |
| 31 Dec 21 | 268 | 20 | 15 | 0 |
| 30 Sep 21 | 229 | 29 | 14 | 0 |
| 30 Jun 21 | 217 | 30 | 13 | 0 |
| 31 Mar 21 | 214 | 29 | 13 | 0 |
| 31 Dec 20 | 206 | 27 | 13 | 0 |
| 30 Sep 20 | 195 | 21 | 13 | 0 |
| 30 Jun 20 | 192 | 14 | 12 | 0 |
| 31 Mar 20 | 186 | 9 | 10 | 0 |
| 31 Dec 19 | 183 | 3 | 11 | 0 |
| 30 Sep 19 | 185 | -41 | 13 | 0 |
| 30 Jun 19 | 190 | -40 | 15 | 0 |
| 31 Mar 19 | 191 | -40 | 17 | 0 |
| 31 Dec 18 | 189 | -39 | 17 | 0 |
| 30 Sep 18 | 183 | 5 | 16 | 0 |
| 30 Jun 18 | 172 | 8 | 16 | 0 |
| 31 Mar 18 | 166 | 9 | 16 | 0 |
| 31 Dec 17 | 159 | 10 | 16 | 0 |
| 30 Sep 17 | 160 | 13 | 16 | 0 |
| 30 Jun 17 | 159 | 14 | 16 | 0 |
| 31 Mar 17 | 169 | 19 | 17 | 0 |
| 31 Dec 16 | 166 | 18 | 17 | 0 |
| 30 Sep 16 | 149 | 10 | 17 | 0 |
| 30 Jun 16 | 135 | 8 | 17 | 0 |
| 31 Mar 16 | 112 | 2 | 16 | 0 |
| 31 Dec 15 | 98 | 1 | 16 | 0 |
| 30 Sep 15 | 104 | -104 | 16 | 0 |
| 30 Jun 15 | 108 | -106 | 16 | 0 |
| 31 Mar 15 | 112 | -110 | 16 | 0 |
| 31 Dec 14 | 118 | -111 | 15 | 0 |
| 30 Sep 14 | 134 | -5 | 15 | 0 |
| 30 Jun 14 | 156 | -3 | 15 | 0 |
| 31 Mar 14 | 165 | 2 | 15 | 0 |
| 31 Dec 13 | 169 | 7 | 15 | 0 |
| 30 Sep 13 | 163 | 11 | 15 | 0 |
| 30 Jun 13 | 149 | 12 | 15 | 0 |
Quality Earnings: LGD1L has a high level of non-cash earnings.
Growing Profit Margin: LGD1L became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: LGD1L has become profitable over the past 5 years, growing earnings by 20.2% per year.
Accelerating Growth: LGD1L has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: LGD1L has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electric Utilities industry (6.7%).
Return on Equity
High ROE: LGD1L's Return on Equity (20.3%) is considered high.