Dangote Cement Past Earnings Performance
Past criteria checks 5/6
Dangote Cement has been growing earnings at an average annual rate of 5.5%, while the Basic Materials industry saw earnings growing at 9.2% annually. Revenues have been growing at an average rate of 19% per year. Dangote Cement's return on equity is 26.4%, and it has net margins of 20.2%.
Key information
5.5%
Earnings growth rate
5.8%
EPS growth rate
| Basic Materials Industry Growth | 8.2% |
| Revenue growth rate | 19.0% |
| Return on equity | 26.4% |
| Net Margin | 20.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Dangote Cement 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 | 2,208,090 | 445,214 | 488,748 | 0 |
| 30 Sep 23 | 1,955,668 | 437,312 | 434,802 | 0 |
| 30 Jun 23 | 1,761,118 | 383,969 | 400,244 | 0 |
| 31 Mar 23 | 1,611,864 | 380,234 | 380,929 | 0 |
| 31 Dec 22 | 1,618,323 | 375,988 | 371,270 | 0 |
| 30 Sep 22 | 1,538,707 | 294,595 | 331,017 | 0 |
| 30 Jun 22 | 1,501,129 | 341,076 | 304,619 | 0 |
| 31 Mar 22 | 1,464,167 | 375,466 | 274,316 | 0 |
| 31 Dec 21 | 1,383,637 | 361,008 | 253,543 | 0 |
| 30 Sep 21 | 1,294,938 | 342,229 | 237,080 | 0 |
| 30 Jun 21 | 1,247,889 | 338,734 | 225,745 | 0 |
| 31 Mar 21 | 1,117,665 | 303,673 | 213,759 | 0 |
| 31 Dec 20 | 1,034,196 | 275,080 | 211,024 | 0 |
| 30 Sep 20 | 973,324 | 254,605 | 211,266 | 0 |
| 30 Jun 20 | 900,793 | 208,335 | 210,867 | 0 |
| 31 Mar 20 | 900,696 | 201,985 | 214,160 | 0 |
| 31 Dec 19 | 891,671 | 200,935 | 213,251 | 0 |
| 30 Sep 19 | 895,714 | 386,380 | 212,616 | 0 |
| 30 Jun 19 | 886,504 | 395,956 | 205,965 | 0 |
| 31 Mar 19 | 899,254 | 377,730 | 198,953 | 0 |
| 31 Dec 18 | 901,213 | 388,983 | 187,538 | 0 |
| 30 Sep 18 | 887,297 | 202,676 | 175,694 | 0 |
| 30 Jun 18 | 875,345 | 201,330 | 167,950 | 0 |
| 31 Mar 18 | 839,532 | 212,386 | 157,567 | 0 |
| 31 Dec 17 | 805,582 | 198,585 | 153,927 | 0 |
| 30 Sep 17 | 776,586 | 164,652 | 141,064 | 0 |
| 30 Jun 17 | 735,588 | 153,068 | 136,102 | 0 |
| 31 Mar 17 | 682,748 | 154,098 | 134,942 | 0 |
| 31 Dec 16 | 615,103 | 149,536 | 119,572 | 0 |
| 30 Sep 16 | 568,367 | 156,423 | 118,873 | 0 |
| 30 Jun 16 | 541,701 | 168,154 | 102,948 | 0 |
| 31 Mar 16 | 517,508 | 168,559 | 88,455 | 0 |
| 31 Dec 15 | 491,725 | 184,994 | 83,641 | 0 |
| 30 Sep 15 | 446,875 | 186,921 | 80,241 | 0 |
| 30 Jun 15 | 424,945 | 187,698 | 75,094 | 0 |
| 31 Mar 15 | 402,808 | 182,434 | 66,417 | 0 |
| 31 Dec 14 | 391,639 | 160,578 | 63,416 | 0 |
| 30 Sep 14 | 407,407 | 186,113 | 57,891 | 0 |
| 30 Jun 14 | 396,623 | 190,019 | 62,476 | 0 |
| 31 Mar 14 | 394,318 | 195,900 | 62,819 | 0 |
| 31 Dec 13 | 386,177 | 201,912 | 59,024 | 0 |
| 30 Sep 13 | 362,946 | 194,525 | 57,200 | 0 |
| 30 Jun 13 | 354,908 | 181,435 | 44,661 | 0 |
Quality Earnings: DANGCEM has high quality earnings.
Growing Profit Margin: DANGCEM's current net profit margins (20.2%) are lower than last year (23.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: DANGCEM's earnings have grown by 5.5% per year over the past 5 years.
Accelerating Growth: DANGCEM's earnings growth over the past year (18.4%) exceeds its 5-year average (5.5% per year).
Earnings vs Industry: DANGCEM earnings growth over the past year (18.4%) exceeded the Basic Materials industry -4.7%.
Return on Equity
High ROE: DANGCEM's Return on Equity (26.4%) is considered high.