Hera Past Earnings Performance

Past criteria checks 5/6

Hera has been growing earnings at an average annual rate of 1%, while the Integrated Utilities industry saw earnings growing at 8.1% annually. Revenues have been growing at an average rate of 27.8% per year. Hera's return on equity is 13.9%, and it has net margins of 2.6%.

Key information

1.0%

Earnings growth rate

1.3%

EPS growth rate

Integrated Utilities Industry Growth	12.9%
Revenue growth rate	27.8%
Return on equity	13.9%
Net Margin	2.6%
Next Earnings Update	26 Mar 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Hera makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

BMV:HER N Revenue, expenses and earnings (EUR Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 23	17,295	452	629
30 Jun 23	19,983	389	623
31 Mar 23	20,901	323	612
31 Dec 22	20,564	255	601
30 Sep 22	18,912	131	601
30 Jun 22	15,704	238	600
31 Mar 22	13,955	328	597
31 Dec 21	10,915	334	593
30 Sep 21	8,914	378	591
30 Jun 21	8,200	353	584
31 Mar 21	7,715	311	576
31 Dec 20	7,508	303	573
30 Sep 20	7,144	388	567
30 Jun 20	7,393	386	559
31 Mar 20	7,416	386	566
31 Dec 19	7,312	386	561
30 Sep 19	7,205	304	592
30 Jun 19	6,884	290	568
31 Mar 19	6,669	286	586
31 Dec 18	6,445	282	583
30 Sep 18	6,241	277	596
30 Jun 18	6,139	269	603
31 Mar 18	6,095	262	598
31 Dec 17	5,926	251	595
30 Sep 17	5,871	248	575
30 Jun 17	5,649	227	575
31 Mar 17	5,750	226	560
31 Dec 16	5,391	207	556
30 Sep 16	5,132	198	548
30 Jun 16	4,979	194	559
31 Mar 16	4,655	186	541
31 Dec 15	4,729	181	539
30 Sep 15	4,683	179	549
30 Jun 15	4,568	176	547
31 Mar 15	4,518	168	542
31 Dec 14	4,427	165	538
30 Sep 14	4,403	146	535
30 Jun 14	4,408	127	528
31 Mar 14	4,490	125	525
31 Dec 13	4,639	165	521
30 Sep 13	4,637	182	486
30 Jun 13	4,712	179	466
31 Mar 13	4,662	177	440

Quality Earnings: HER N has high quality earnings.

Growing Profit Margin: HER N's current net profit margins (2.6%) are higher than last year (0.7%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: HER N's earnings have grown by 1% per year over the past 5 years.

Accelerating Growth: HER N's earnings growth over the past year (246%) exceeds its 5-year average (1% per year).

Earnings vs Industry: HER N earnings growth over the past year (246%) exceeded the Integrated Utilities industry 10.5%.

Return on Equity

High ROE: HER N's Return on Equity (13.9%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/02/12 06:41
End of Day Share Price	2023/11/16 00:00
Earnings	2023/09/30
Annual Earnings	2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Hera S.p.A. is covered by 17 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Juan Rodriguez	AlphaValue
Pierre-Yves Gauthier	AlphaValue
Andrea Belloli	Banca Akros S.p.A. (ESN)