Telefónica Past Earnings Performance
Past criteria checks 1/6
Telefónica has been growing earnings at an average annual rate of 12.4%, while the Telecom industry saw earnings growing at 29.7% annually. Revenues have been declining at an average rate of 6.2% per year. Telefónica's return on equity is 7.3%, and it has net margins of 4.4%.
Key information
12.4%
Earnings growth rate
8.8%
EPS growth rate
| Telecom Industry Growth | 11.5% |
| Revenue growth rate | -6.2% |
| Return on equity | 7.3% |
| Net Margin | 4.4% |
| Next Earnings Update | 11 May 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Telefónica 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 22 | 40,776 | 1,802 | 125 | 0 |
| 30 Sep 22 | 40,230 | 35 | 143 | 0 |
| 30 Jun 22 | 39,156 | 281 | 136 | 0 |
| 31 Mar 22 | 39,118 | 7,726 | 121 | 0 |
| 31 Dec 21 | 40,048 | 7,884 | 121 | 0 |
| 30 Sep 21 | 40,959 | 10,191 | 206 | 0 |
| 30 Jun 21 | 42,270 | 9,325 | 186 | 0 |
| 31 Mar 21 | 42,923 | 1,826 | 151 | 0 |
| 31 Dec 20 | 43,949 | 1,332 | 89 | 0 |
| 30 Sep 20 | 46,459 | 207 | 238 | 0 |
| 30 Jun 20 | 47,580 | -76 | 238 | 0 |
| 31 Mar 20 | 48,353 | 341 | 238 | 0 |
| 31 Dec 19 | 49,312 | 860 | 123 | 0 |
| 30 Sep 19 | 49,160 | 1,676 | 2,100 | 0 |
| 30 Jun 19 | 49,150 | 3,258 | 2,100 | 0 |
| 31 Mar 19 | 49,448 | 3,140 | 2,100 | 0 |
| 31 Dec 18 | 49,508 | 2,929 | 1,071 | 0 |
| 30 Sep 18 | 49,752 | 2,798 | 2,280 | 0 |
| 30 Jun 18 | 50,828 | 2,498 | 2,280 | 0 |
| 31 Mar 18 | 51,916 | 2,703 | 2,280 | 0 |
| 31 Dec 17 | 52,871 | 2,856 | 2,280 | 0 |
| 30 Sep 17 | 53,442 | 2,327 | 2,332 | 0 |
| 30 Jun 17 | 53,762 | 2,471 | 2,332 | 0 |
| 31 Mar 17 | 53,519 | 2,344 | 2,332 | 0 |
| 31 Dec 16 | 52,903 | 2,113 | 2,332 | 0 |
| 30 Sep 16 | 53,091 | -259 | 2,530 | 0 |
| 30 Jun 16 | 53,939 | -532 | 2,530 | 0 |
Quality Earnings: TEF1 N has a large one-off gain of €876.0M impacting its last 12 months of financial results to 31st December, 2022.
Growing Profit Margin: TEF1 N's current net profit margins (4.4%) are lower than last year (19.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TEF1 N's earnings have grown by 12.4% per year over the past 5 years.
Accelerating Growth: TEF1 N's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TEF1 N had negative earnings growth (-77.1%) over the past year, making it difficult to compare to the Telecom industry average (6.9%).
Return on Equity
High ROE: TEF1 N's Return on Equity (7.3%) is considered low.