NEM Insurance Past Earnings Performance
Past criteria checks 5/6
NEM Insurance has been growing earnings at an average annual rate of 30.7%, while the Insurance industry saw earnings growing at 25.4% annually. Revenues have been growing at an average rate of 18.9% per year. NEM Insurance's return on equity is 42%, and it has net margins of 48.7%.
Key information
30.7%
Earnings growth rate
30.7%
EPS growth rate
| Insurance Industry Growth | 25.4% |
| Revenue growth rate | 18.9% |
| Return on equity | 42.0% |
| Net Margin | 48.7% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
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 |
|---|---|---|---|---|
| 31 Dec 23 | 37,955 | 18,502 | 5,957 | 0 |
| 30 Sep 23 | 34,523 | 6,692 | 4,649 | 0 |
| 31 Mar 23 | 27,743 | 6,748 | 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 (48.7%) are higher than last year (21.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NEM's earnings have grown significantly by 30.7% per year over the past 5 years.
Accelerating Growth: NEM's earnings growth over the past year (240.1%) exceeds its 5-year average (30.7% per year).
Earnings vs Industry: NEM earnings growth over the past year (240.1%) exceeded the Insurance industry 104%.
Return on Equity
High ROE: NEM's Return on Equity (42%) is considered outstanding.