2020 Bulkers Past Earnings Performance
Past criteria checks 6/6
2020 Bulkers has been growing earnings at an average annual rate of 34.7%, while the Shipping industry saw earnings growing at 51.4% annually. Revenues have been growing at an average rate of 25.3% per year. 2020 Bulkers's return on equity is 54.5%, and it has net margins of 68.7%.
Key information
34.7%
Earnings growth rate
34.2%
EPS growth rate
| Shipping Industry Growth | 48.6% |
| Revenue growth rate | 25.3% |
| Return on equity | 54.5% |
| Net Margin | 68.7% |
| Next Earnings Update | 12 Feb 2025 |
Recent past performance updates
2020 Bulkers (OB:2020) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Nov 20
Recent updates
2020 Bulkers (OB:2020) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Nov 202020 Bulkers (OB:2020) Is Paying Out Less In Dividends Than Last Year
Nov 192020 Bulkers Ltd.'s (OB:2020) Intrinsic Value Is Potentially 59% Above Its Share Price
Oct 012020 Bulkers Ltd. Just Beat Revenue Estimates By 112%
Aug 18Revenue Beat: 2020 Bulkers Ltd. Exceeded Revenue Forecasts By 111% And Analysts Are Updating Their Estimates
May 11Does 2020 Bulkers (OB:2020) Have A Healthy Balance Sheet?
Apr 12Need To Know: Analysts Just Made A Substantial Cut To Their 2020 Bulkers Ltd. (OB:2020) Estimates
Aug 13Investors Will Want 2020 Bulkers' (OB:2020) Growth In ROCE To Persist
Feb 25Here's Why 2020 Bulkers (OB:2020) Has A Meaningful Debt Burden
Feb 02Revenue & Expenses Breakdown
How 2020 Bulkers 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 | 125 | 86 | 4 | 0 |
| 30 Jun 24 | 121 | 80 | 4 | 0 |
| 31 Mar 24 | 99 | 53 | 4 | 0 |
| 31 Dec 23 | 71 | 26 | 3 | 0 |
| 30 Sep 23 | 61 | 18 | 4 | 0 |
| 30 Jun 23 | 66 | 20 | 4 | 0 |
| 31 Mar 23 | 72 | 27 | 5 | 0 |
| 31 Dec 22 | 76 | 32 | 4 | 0 |
| 30 Sep 22 | 96 | 52 | 4 | 0 |
| 30 Jun 22 | 108 | 66 | 4 | 0 |
| 31 Mar 22 | 114 | 71 | 3 | 0 |
| 31 Dec 21 | 114 | 71 | 3 | 0 |
| 30 Sep 21 | 91 | 48 | 4 | 0 |
| 30 Jun 21 | 76 | 31 | 4 | 0 |
| 31 Mar 21 | 58 | 17 | 4 | 0 |
| 31 Dec 20 | 49 | 11 | 4 | 0 |
| 30 Sep 20 | 41 | 9 | 4 | 0 |
| 30 Jun 20 | 28 | 5 | 4 | 0 |
| 31 Mar 20 | 17 | 1 | 4 | 0 |
| 31 Dec 19 | 9 | 0 | 5 | 0 |
| 30 Sep 19 | 2 | -2 | 4 | 0 |
| 30 Jun 19 | 0 | -3 | 3 | 0 |
| 31 Mar 19 | 0 | -2 | 2 | 0 |
| 31 Dec 18 | 0 | -1 | 1 | 0 |
Quality Earnings: 2020 has high quality earnings.
Growing Profit Margin: 2020's current net profit margins (68.7%) are higher than last year (28.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2020 has become profitable over the past 5 years, growing earnings by 34.7% per year.
Accelerating Growth: 2020's earnings growth over the past year (391.4%) exceeds its 5-year average (34.7% per year).
Earnings vs Industry: 2020 earnings growth over the past year (391.4%) exceeded the Shipping industry 31.1%.
Return on Equity
High ROE: 2020's Return on Equity (54.5%) is considered outstanding.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/22 04:33 |
| End of Day Share Price | 2025/01/22 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
2020 Bulkers Ltd. is covered by 8 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | ABG Sundal Collier |
| Gregory Lewis | BTIG |
| Hans Rettedal Christiansen | Danske Bank |