NEM Insurance Past Earnings Performance
Past criteria checks 5/6
NEM Insurance has been growing earnings at an average annual rate of 46%, while the Insurance industry saw earnings growing at 43% annually. Revenues have been growing at an average rate of 27.7% per year. NEM Insurance's return on equity is 54.5%, and it has net margins of 43.2%.
Key information
46.0%
Earnings growth rate
46.0%
EPS growth rate
| Insurance Industry Growth | 25.4% |
| Revenue growth rate | 27.7% |
| Return on equity | 54.5% |
| Net Margin | 43.2% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How NEM Insurance 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 24 | 62,135 | 26,852 | 7,510 | 0 |
| 30 Jun 24 | 51,313 | 25,633 | 7,750 | 0 |
| 31 Mar 24 | 54,329 | 27,237 | 6,293 | 0 |
| 31 Dec 23 | 37,955 | 18,502 | 5,957 | 0 |
| 30 Sep 23 | 39,367 | 6,692 | 4,649 | 0 |
| 31 Mar 23 | 26,700 | 5,701 | 3,845 | 0 |
| 31 Dec 22 | 25,511 | 5,440 | 3,635 | 0 |
| 30 Sep 22 | 24,386 | 6,321 | 4,539 | 0 |
| 31 Mar 22 | 24,380 | 4,885 | 4,430 | 0 |
| 31 Dec 21 | 22,288 | 4,432 | 4,127 | 0 |
| 31 Dec 20 | 19,134 | 5,085 | 3,163 | 0 |
| 31 Dec 19 | 14,913 | 2,395 | 3,452 | 0 |
| 31 Dec 18 | 12,288 | 2,037 | 2,726 | 0 |
| 31 Dec 17 | 11,750 | 2,775 | 2,947 | 0 |
| 31 Dec 16 | 9,627 | 1,818 | 2,046 | 0 |
| 31 Dec 15 | 9,603 | 714 | 2,036 | 0 |
| 31 Dec 14 | 9,072 | 1,525 | 1,722 | 0 |
| 31 Dec 13 | 8,260 | 395 | 1,758 | 0 |
Quality Earnings: NEM has a high level of non-cash earnings.
Growing Profit Margin: NEM's current net profit margins (43.2%) are higher than last year (17%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NEM's earnings have grown significantly by 46% per year over the past 5 years.
Accelerating Growth: NEM's earnings growth over the past year (301.2%) exceeds its 5-year average (46% per year).
Earnings vs Industry: NEM earnings growth over the past year (301.2%) exceeded the Insurance industry 159.2%.
Return on Equity
High ROE: NEM's Return on Equity (54.5%) is considered outstanding.