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PGS Past Earnings Performance
Past criteria checks 2/6
PGS has been growing earnings at an average annual rate of 22.3%, while the Energy Services industry saw earnings growing at 28.8% annually. Revenues have been declining at an average rate of 1.5% per year. PGS's return on equity is 8%, and it has net margins of 5.3%.
Key information
22.3%
Earnings growth rate
29.0%
EPS growth rate
| Energy Services Industry Growth | 25.6% |
| Revenue growth rate | -1.5% |
| Return on equity | 8.0% |
| Net Margin | 5.3% |
| Next Earnings Update | 18 Jul 2024 |
Recent past performance updates
Recent updates
We Think PGS' (OB:PGS) Healthy Earnings Might Be Conservative
May 21
Is PGS (OB:PGS) Using Too Much Debt?
Nov 02An Intrinsic Calculation For PGS ASA (OB:PGS) Suggests It's 23% Undervalued
Aug 07Does PGS (OB:PGS) Have A Healthy Balance Sheet?
Jul 11Earnings Working Against PGS ASA's (OB:PGS) Share Price Following 25% Dive
Jun 20Here's Why PGS (OB:PGS) Can Manage Its Debt Responsibly
Mar 10Here's Why PGS (OB:PGS) Is Weighed Down By Its Debt Load
Oct 17These 4 Measures Indicate That PGS (OB:PGS) Is Using Debt Extensively
Oct 22Is PGS (OB:PGS) A Risky Investment?
Jun 30Shareholders May Find It Hard To Justify Increasing PGS ASA's (OB:PGS) CEO Compensation For Now
Apr 14Revenue & Expenses Breakdown
How PGS 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 Mar 24 | 796 | 42 | 40 | 6 |
| 31 Dec 23 | 722 | -14 | 42 | 6 |
| 30 Sep 23 | 673 | -80 | 40 | 6 |
| 30 Jun 23 | 714 | -70 | 40 | 7 |
| 31 Mar 23 | 832 | -42 | 40 | 7 |
| 31 Dec 22 | 825 | -33 | 39 | 7 |
| 30 Sep 22 | 813 | -81 | 37 | 7 |
| 30 Jun 22 | 756 | -145 | 37 | 7 |
| 31 Mar 22 | 668 | -189 | 36 | 7 |
| 31 Dec 21 | 698 | -179 | 36 | 7 |
| 30 Sep 21 | 662 | -186 | 38 | 6 |
| 30 Jun 21 | 606 | -158 | 37 | 6 |
| 31 Mar 21 | 510 | -243 | 37 | 7 |
| 31 Dec 20 | 473 | -321 | 39 | 9 |
| 30 Sep 20 | 637 | -250 | 42 | 10 |
| 30 Jun 20 | 828 | -186 | 47 | 11 |
| 31 Mar 20 | 930 | -124 | 50 | 11 |
| 31 Dec 19 | 931 | -72 | 52 | 10 |
| 30 Sep 19 | 868 | -106 | 52 | 10 |
| 30 Jun 19 | 755 | -173 | 52 | 9 |
| 31 Mar 19 | 802 | -113 | 48 | 10 |
| 31 Dec 18 | 874 | -88 | 52 | 11 |
| 30 Sep 18 | 840 | -259 | 47 | 13 |
| 30 Jun 18 | 885 | -414 | 44 | 16 |
| 31 Mar 18 | 885 | -457 | 44 | 17 |
| 31 Dec 17 | 839 | -523 | 36 | 18 |
| 30 Sep 17 | 757 | -485 | 37 | 18 |
| 30 Jun 17 | 774 | -324 | 35 | 17 |
| 31 Mar 17 | 716 | -343 | 35 | 17 |
| 31 Dec 16 | 764 | -294 | 38 | 20 |
| 30 Sep 16 | 840 | -472 | 42 | 19 |
| 30 Jun 16 | 841 | -553 | 44 | 20 |
| 31 Mar 16 | 914 | -565 | 46 | 20 |
| 31 Dec 15 | 962 | -528 | 44 | 20 |
| 30 Sep 15 | 1,163 | -287 | 47 | 22 |
| 30 Jun 15 | 1,331 | -168 | 51 | 30 |
| 31 Mar 15 | 1,412 | -75 | 54 | 35 |
| 31 Dec 14 | 1,454 | -51 | 60 | 38 |
| 30 Sep 14 | 1,383 | 73 | 61 | 41 |
| 30 Jun 14 | 1,355 | 139 | 63 | 40 |
| 31 Mar 14 | 1,399 | 180 | 64 | 39 |
| 31 Dec 13 | 1,502 | 238 | 63 | 39 |
| 30 Sep 13 | 1,502 | 248 | 62 | 40 |
Quality Earnings: PGS has a large one-off loss of $78.4M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: PGS became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PGS has become profitable over the past 5 years, growing earnings by 22.3% per year.
Accelerating Growth: PGS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PGS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Energy Services industry (68.2%).
Return on Equity
High ROE: PGS's Return on Equity (8%) is considered low.