Core Laboratories Past Earnings Performance
Past criteria checks 4/6
Core Laboratories's earnings have been declining at an average annual rate of -31.5%, while the Energy Services industry saw earnings growing at 23.5% annually. Revenues have been declining at an average rate of 10.1% per year. Core Laboratories's return on equity is 12%, and it has net margins of 4.7%.
Key information
-31.5%
Earnings growth rate
-32.0%
EPS growth rate
| Energy Services Industry Growth | 12.9% |
| Revenue growth rate | -10.1% |
| Return on equity | 12.0% |
| Net Margin | 4.7% |
| Last Earnings Update | 31 Mar 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Core Laboratories 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 Mar 23 | 503 | 24 | 41 | 0 |
| 31 Dec 22 | 490 | 19 | 38 | 0 |
| 30 Sep 22 | 487 | 15 | 40 | 0 |
| 30 Jun 22 | 479 | 9 | 45 | 0 |
| 31 Mar 22 | 477 | 10 | 48 | 0 |
| 31 Dec 21 | 470 | 20 | 44 | 0 |
| 30 Sep 21 | 459 | 31 | 28 | 0 |
| 30 Jun 21 | 446 | 33 | 22 | 0 |
| 31 Mar 21 | 443 | 19 | 21 | 0 |
| 31 Dec 20 | 487 | -97 | 33 | 0 |
| 30 Sep 20 | 530 | -101 | 47 | 0 |
| 30 Jun 20 | 598 | -80 | 50 | 0 |
| 31 Mar 20 | 651 | -55 | 50 | 0 |
| 31 Dec 19 | 668 | 94 | 47 | 0 |
| 30 Sep 19 | 685 | 92 | 63 | 0 |
| 30 Jun 19 | 694 | 90 | 65 | 0 |
| 31 Mar 19 | 700 | 96 | 68 | 0 |
| 31 Dec 18 | 701 | 80 | 63 | 0 |
| 30 Sep 18 | 698 | 93 | 50 | 0 |
| 30 Jun 18 | 678 | 91 | 48 | 0 |
| 31 Mar 18 | 661 | 87 | 47 | 0 |
| 31 Dec 17 | 648 | 81 | 48 | 0 |
| 30 Sep 17 | 627 | 75 | 45 | 0 |
| 30 Jun 17 | 608 | 71 | 41 | 0 |
| 31 Mar 17 | 598 | 67 | 41 | 0 |
| 31 Dec 16 | 590 | 65 | 39 | 0 |
| 30 Sep 16 | 628 | 64 | 43 | 0 |
| 30 Jun 16 | 682 | 81 | 47 | 0 |
Quality Earnings: CLB * has high quality earnings.
Growing Profit Margin: CLB *'s current net profit margins (4.7%) are higher than last year (2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CLB *'s earnings have declined by 31.5% per year over the past 5 years.
Accelerating Growth: CLB *'s earnings growth over the past year (143.6%) exceeds its 5-year average (-31.5% per year).
Earnings vs Industry: CLB * earnings growth over the past year (143.6%) exceeded the Energy Services industry 49.7%.
Return on Equity
High ROE: CLB *'s Return on Equity (12%) is considered low.