Meyer Past Earnings Performance
Past criteria checks 2/6
Meyer has been growing earnings at an average annual rate of 2.7%, while the Chemicals industry saw earnings growing at 24.6% annually. Revenues have been growing at an average rate of 24.4% per year. Meyer's return on equity is 20.1%, and it has net margins of 12.6%.
Key information
2.7%
Earnings growth rate
3.4%
EPS growth rate
| Chemicals Industry Growth | 6.3% |
| Revenue growth rate | 24.4% |
| Return on equity | 20.1% |
| Net Margin | 12.6% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Meyer 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 | 2,806 | 353 | 833 | 0 |
| 30 Jun 24 | 2,578 | 277 | 807 | 0 |
| 31 Mar 24 | 2,363 | 217 | 740 | 0 |
| 31 Dec 23 | 2,267 | 236 | 704 | 0 |
| 30 Sep 23 | 1,892 | 540 | 640 | 0 |
| 30 Jun 23 | 1,762 | 467 | 625 | 0 |
| 31 Mar 23 | 1,627 | 427 | 603 | 0 |
| 31 Dec 22 | 1,435 | 394 | 566 | 0 |
| 30 Sep 22 | 1,442 | -3 | 554 | 0 |
| 30 Jun 22 | 1,320 | 26 | 526 | 0 |
| 31 Mar 22 | 1,236 | 30 | 502 | 0 |
| 31 Dec 21 | 1,118 | 34 | 483 | 0 |
| 30 Sep 21 | 1,020 | 1,228 | 538 | 0 |
| 30 Jun 21 | 919 | 1,169 | 545 | 0 |
| 31 Mar 21 | 787 | 1,151 | 545 | 0 |
| 31 Dec 20 | 828 | 1,118 | 563 | 0 |
| 30 Sep 20 | 814 | -80 | 500 | 0 |
| 30 Jun 20 | 896 | -45 | 495 | 0 |
| 31 Mar 20 | 1,043 | -38 | 546 | 0 |
| 31 Dec 19 | 1,106 | -14 | 527 | 0 |
| 30 Sep 19 | 1,076 | 99 | 531 | 0 |
| 30 Jun 19 | 1,062 | 384 | 553 | 0 |
| 31 Mar 19 | 1,053 | 387 | 506 | 0 |
| 31 Dec 18 | 970 | 319 | 524 | 0 |
| 30 Sep 18 | 1,071 | 75 | 577 | 0 |
| 30 Jun 18 | 1,091 | -264 | 568 | 0 |
| 31 Mar 18 | 1,080 | -271 | 570 | 0 |
| 31 Dec 17 | 1,097 | -268 | 564 | 0 |
| 30 Sep 17 | 1,032 | -304 | 518 | 0 |
| 30 Jun 17 | 996 | -324 | 517 | 0 |
| 31 Mar 17 | 1,004 | -304 | 524 | 0 |
| 31 Dec 16 | 1,091 | -219 | 529 | 0 |
| 30 Sep 16 | 1,187 | 57 | 538 | 0 |
| 30 Jun 16 | 1,244 | 136 | 528 | 0 |
| 31 Mar 16 | 1,265 | 120 | 540 | 0 |
| 31 Dec 15 | 1,187 | 54 | 545 | 0 |
| 30 Sep 15 | 1,269 | -10 | 544 | 0 |
| 30 Jun 15 | 1,264 | -51 | 542 | 0 |
| 31 Mar 15 | 1,228 | -84 | 531 | 0 |
| 31 Dec 14 | 1,340 | -36 | 530 | 0 |
| 30 Sep 14 | 1,410 | -101 | 529 | 0 |
| 30 Jun 14 | 1,500 | -75 | 530 | 0 |
| 31 Mar 14 | 1,647 | 72 | 540 | 0 |
| 31 Dec 13 | 1,588 | 47 | 534 | 0 |
Quality Earnings: MEYER has a high level of non-cash earnings.
Growing Profit Margin: MEYER's current net profit margins (12.6%) are lower than last year (28.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MEYER's earnings have grown by 2.7% per year over the past 5 years.
Accelerating Growth: MEYER's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MEYER had negative earnings growth (-34.5%) over the past year, making it difficult to compare to the Chemicals industry average (18.8%).
Return on Equity
High ROE: MEYER's Return on Equity (20.1%) is considered high.