Shockwave Medical Past Earnings Performance
Past criteria checks 4/6
Shockwave Medical has been growing earnings at an average annual rate of 73.5%, while the Medical Equipment industry saw earnings growing at 12.3% annually. Revenues have been growing at an average rate of 63.5% per year. Shockwave Medical's return on equity is 40.6%, and it has net margins of 36.3%.
Key information
73.5%
Earnings growth rate
87.2%
EPS growth rate
| Medical Equipment Industry Growth | 12.9% |
| Revenue growth rate | 63.5% |
| Return on equity | 40.6% |
| Net Margin | 36.3% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Shockwave Medical 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 23 | 671 | 244 | 293 | 127 |
| 30 Jun 23 | 617 | 244 | 277 | 108 |
| 31 Mar 23 | 557 | 241 | 244 | 92 |
| 31 Dec 22 | 490 | 216 | 219 | 82 |
| 30 Sep 22 | 430 | 88 | 201 | 73 |
| 30 Jun 22 | 364 | 55 | 183 | 66 |
| 31 Mar 22 | 299 | 29 | 163 | 57 |
| 31 Dec 21 | 237 | -9 | 146 | 51 |
| 30 Sep 21 | 176 | -38 | 126 | 45 |
| 30 Jun 21 | 130 | -53 | 108 | 39 |
| 31 Mar 21 | 84 | -71 | 90 | 35 |
| 31 Dec 20 | 68 | -66 | 76 | 37 |
| 30 Sep 20 | 59 | -65 | 67 | 38 |
| 30 Jun 20 | 51 | -65 | 59 | 38 |
| 31 Mar 20 | 51 | -57 | 53 | 37 |
| 31 Dec 19 | 43 | -51 | 45 | 33 |
| 30 Sep 19 | 34 | -48 | 37 | 29 |
| 30 Jun 19 | 26 | -45 | 32 | 26 |
| 31 Mar 19 | 18 | -44 | 28 | 25 |
| 31 Dec 18 | 12 | -41 | 24 | 23 |
| 31 Dec 17 | 2 | -31 | 12 | 18 |
Quality Earnings: SWAV * has a high level of non-cash earnings.
Growing Profit Margin: SWAV *'s current net profit margins (36.3%) are higher than last year (20.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SWAV * has become profitable over the past 5 years, growing earnings by 73.5% per year.
Accelerating Growth: SWAV *'s earnings growth over the past year (177.1%) exceeds its 5-year average (73.5% per year).
Earnings vs Industry: SWAV * earnings growth over the past year (177.1%) exceeded the Medical Equipment industry -3%.
Return on Equity
High ROE: Whilst SWAV *'s Return on Equity (40.56%) is outstanding, this metric is skewed due to their high level of debt.