TAQA Morocco Past Earnings Performance
We're still processing the latest earnings report of this company
Past criteria checks 3/6
TAQA Morocco has been growing earnings at an average annual rate of 3.9%, while the Renewable Energy industry saw earnings growing at 12% annually. Revenues have been growing at an average rate of 12.1% per year. TAQA Morocco's return on equity is 20.5%, and it has net margins of 9.7%.
Key information
3.9%
Earnings growth rate
3.9%
EPS growth rate
| Renewable Energy Industry Growth | 12.6% |
| Revenue growth rate | 12.1% |
| Return on equity | 20.5% |
| Net Margin | 9.7% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How TAQA Morocco 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 | 11,394 | 1,105 | 299 | 0 |
| 31 Mar 24 | 12,060 | 1,078 | 295 | 0 |
| 31 Dec 23 | 13,191 | 1,037 | 295 | 0 |
| 30 Sep 23 | 14,168 | 1,097 | 297 | 0 |
| 30 Jun 23 | 15,146 | 1,156 | 299 | 0 |
| 31 Mar 23 | 15,036 | 1,266 | 301 | 0 |
| 31 Dec 22 | 13,604 | 1,303 | 301 | 0 |
| 30 Sep 22 | 11,929 | 1,235 | 301 | 0 |
| 30 Jun 22 | 10,254 | 1,166 | 302 | 0 |
| 31 Mar 22 | 8,558 | 1,056 | 312 | 0 |
| 31 Dec 21 | 7,812 | 1,005 | 312 | 0 |
| 30 Sep 21 | 7,525 | 950 | 317 | 0 |
| 30 Jun 21 | 7,237 | 895 | 322 | 0 |
| 31 Mar 21 | 7,693 | 895 | 243 | 0 |
| 31 Dec 20 | 7,789 | 880 | 317 | 0 |
| 30 Sep 20 | 8,206 | 928 | 306 | 0 |
| 30 Jun 20 | 8,622 | 975 | 294 | 0 |
| 31 Mar 20 | 8,870 | 1,015 | 284 | 0 |
| 31 Dec 19 | 9,118 | 1,054 | 274 | 0 |
| 30 Sep 19 | 8,985 | 1,034 | 267 | 0 |
| 30 Jun 19 | 8,852 | 1,013 | 261 | 0 |
| 31 Mar 19 | 8,681 | 1,031 | 260 | 0 |
| 31 Dec 18 | 8,511 | 1,049 | 258 | 0 |
| 30 Sep 18 | 8,346 | 1,035 | 260 | 0 |
| 30 Jun 18 | 8,181 | 1,021 | 261 | 0 |
| 31 Mar 18 | 8,132 | 1,017 | 258 | 0 |
| 31 Dec 17 | 8,082 | 1,014 | 255 | 0 |
| 30 Sep 17 | 8,076 | 1,031 | 249 | 0 |
| 30 Jun 17 | 8,069 | 1,047 | 242 | 0 |
| 31 Mar 17 | 8,059 | 1,013 | 236 | 0 |
| 31 Dec 16 | 8,049 | 978 | 230 | 0 |
| 30 Sep 16 | 8,317 | 983 | 225 | 0 |
| 30 Jun 16 | 8,584 | 988 | 219 | 0 |
| 31 Mar 16 | 8,736 | 977 | 226 | 0 |
| 31 Dec 15 | 8,888 | 966 | 234 | 0 |
| 30 Sep 15 | 8,702 | 912 | 240 | 0 |
| 30 Jun 15 | 8,622 | 859 | 245 | 0 |
| 31 Mar 15 | 8,017 | 829 | 243 | 0 |
| 31 Dec 14 | 7,411 | 799 | 241 | 0 |
| 30 Sep 14 | 6,639 | 761 | 230 | 0 |
| 30 Jun 14 | 5,760 | 723 | 219 | 0 |
| 31 Mar 14 | 5,348 | 559 | 209 | 0 |
| 31 Dec 13 | 4,936 | 395 | 199 | 0 |
Quality Earnings: TQM has high quality earnings.
Growing Profit Margin: TQM's current net profit margins (9.7%) are higher than last year (7.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TQM's earnings have grown by 3.9% per year over the past 5 years.
Accelerating Growth: TQM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TQM had negative earnings growth (-4.4%) over the past year, making it difficult to compare to the Renewable Energy industry average (2.9%).
Return on Equity
High ROE: Whilst TQM's Return on Equity (20.45%) is high, this metric is skewed due to their high level of debt.