2020 Bulkers Past Earnings Performance
Past criteria checks 2/6
2020 Bulkers has been growing earnings at an average annual rate of 39.5%, while the Shipping industry saw earnings growing at 57.3% annually. Revenues have been growing at an average rate of 35.8% per year. 2020 Bulkers's return on equity is 15.9%, and it has net margins of 36.2%.
Key information
39.5%
Earnings growth rate
40.0%
EPS growth rate
| Shipping Industry Growth | 48.6% |
| Revenue growth rate | 35.8% |
| Return on equity | 15.9% |
| Net Margin | 36.2% |
| Next Earnings Update | 08 May 2024 |
Recent past performance updates
Recent updates
Does 2020 Bulkers (OB:2020) Have A Healthy Balance Sheet?
Apr 12
Need 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 02The Trend Of High Returns At 2020 Bulkers (OB:2020) Has Us Very Interested
Oct 07Investors Don't See Light At End Of 2020 Bulkers Ltd.'s (OB:2020) Tunnel
May 21Is 2020 Bulkers (OB:2020) Using Too Much Debt?
Feb 10Investors Will Want 2020 Bulkers' (OB:2020) Growth In ROCE To Persist
Jan 22Revenue & Expenses BreakdownBeta
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 |
|---|---|---|---|---|
| 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 (36.2%) are lower than last year (41.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2020 has become profitable over the past 5 years, growing earnings by 39.5% per year.
Accelerating Growth: 2020's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 2020 had negative earnings growth (-19.7%) over the past year, making it difficult to compare to the Shipping industry average (16.5%).
Return on Equity
High ROE: 2020's Return on Equity (15.9%) is considered low.