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.