Morison Industries Plc

NGSE:MORISON Stock Report

Market Cap: ₦15.2b

Morison Industries Past Earnings Performance

Past criteria checks 3/6

Morison Industries has been growing earnings at an average annual rate of 20%, while the Household Products industry saw earnings growing at 6.6% annually. Revenues have been growing at an average rate of 29.8% per year. Morison Industries's return on equity is 6.5%, and it has net margins of 10.6%.

Key information

20.05%

Earnings growth rate

18.84%

EPS growth rate

Household Products Industry Growth2.58%
Revenue growth rate29.75%
Return on equity6.51%
Net Margin10.60%
Last Earnings Update31 Dec 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

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


Earnings and Revenue History

NGSE:MORISON Revenue, expenses and earnings (NGN Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 25514542390
30 Sep 25442-252410
30 Jun 25398-532290
31 Mar 25346-692170
31 Dec 24287-792040
30 Sep 24239-771810
30 Jun 24204-821710
31 Mar 24147-1061620
31 Dec 23145-991570
30 Sep 23142-911590
30 Jun 23124-1081620
31 Mar 23130-1161650
31 Dec 22155-1071680
30 Sep 22149-1091700
30 Jun 22160-981670
31 Mar 22167-871630
31 Dec 21141-941590
30 Sep 21137-1161610
30 Jun 21122-1151580
31 Mar 21112-1141560
31 Dec 20122-1071530
30 Sep 20111-711340
30 Jun 20108-801310
31 Mar 20100-871290
31 Dec 1986-1051310
30 Sep 19120-1621890
30 Jun 19108-1811970
31 Mar 19155-1792060
31 Dec 18138-1902030
30 Sep 18111-1901640
30 Jun 18172-1881630
31 Mar 18142-2041640
31 Dec 17151-1811530
30 Sep 17151-1241310
30 Jun 17109-1171330
31 Mar 17113-821160
31 Dec 16132-791200
30 Sep 16153-1541200
30 Jun 16176-1211090
31 Mar 16175-1201150
31 Dec 15183-1081180
30 Sep 15199-661670
30 Jun 15197-741690
31 Mar 15207-781690

Quality Earnings: MORISON has high quality earnings.

Growing Profit Margin: MORISON became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: MORISON has become profitable over the past 5 years, growing earnings by 20% per year.

Accelerating Growth: MORISON has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: MORISON has become profitable in the last year, making it difficult to compare its past year earnings growth to the Household Products industry (1%).


Return on Equity

High ROE: MORISON's Return on Equity (6.5%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/04 01:47
End of Day Share Price 2026/03/04 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

Morison Industries Plc is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.