Mercury NZ Past Earnings Performance
Past criteria checks 0/6
Mercury NZ's earnings have been declining at an average annual rate of -8.5%, while the Electric Utilities industry saw earnings declining at 1.4% annually. Revenues have been growing at an average rate of 9.9% per year. Mercury NZ's return on equity is 0.8%, and it has net margins of 1.3%.
Key information
-8.5%
Earnings growth rate
-8.7%
EPS growth rate
| Electric Utilities Industry Growth | 7.3% |
| Revenue growth rate | 9.9% |
| Return on equity | 0.8% |
| Net Margin | 1.3% |
| Next Earnings Update | 19 Aug 2024 |
Recent past performance updates
Recent updates
Mercury NZ Limited's (NZSE:MCY) Intrinsic Value Is Potentially 53% Above Its Share Price
Jun 30
Does Mercury NZ (NZSE:MCY) Have A Healthy Balance Sheet?
Jun 11Subdued Growth No Barrier To Mercury NZ Limited's (NZSE:MCY) Price
May 21Mercury NZ Limited Just Beat Revenue By 19%: Here's What Analysts Think Will Happen Next
Feb 22Mercury NZ Limited's (NZSE:MCY) Share Price Could Signal Some Risk
Dec 29Is Mercury NZ (NZSE:MCY) A Risky Investment?
Oct 04Here's Why Mercury NZ Limited's (NZSE:MCY) CEO Compensation Is The Least Of Shareholders' Concerns
Sep 12Mercury NZ (NZSE:MCY) Is Increasing Its Dividend To NZ$0.1541
Sep 06Mercury NZ's (NZSE:MCY) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 23Estimating The Intrinsic Value Of Mercury NZ Limited (NZSE:MCY)
Jun 29Here's Why Mercury NZ (NZSE:MCY) Can Manage Its Debt Responsibly
May 22Is There An Opportunity With Mercury NZ Limited's (NZSE:MCY) 29% Undervaluation?
Mar 25Mercury NZ (NZSE:MCY) Is Increasing Its Dividend To NZ$0.1024
Feb 26Does Mercury NZ (NZSE:MCY) Deserve A Spot On Your Watchlist?
Feb 05Does Mercury NZ (NZSE:MCY) Have A Healthy Balance Sheet?
Dec 19Is There An Opportunity With Mercury NZ Limited's (NZSE:MCY) 20% Undervaluation?
Dec 05We Ran A Stock Scan For Earnings Growth And Mercury NZ (NZSE:MCY) Passed With Ease
Oct 24Mercury NZ (NZSE:MCY) Seems To Use Debt Quite Sensibly
Sep 02Mercury NZ (NZSE:MCY) Is Paying Out A Larger Dividend Than Last Year
Aug 18Analysts Are Betting On Mercury NZ Limited (NZSE:MCY) With A Big Upgrade This Week
Aug 16Mercury NZ Limited (NZSE:MCY) Shares Could Be 24% Below Their Intrinsic Value Estimate
May 18Here's Why Mercury NZ (NZSE:MCY) Has A Meaningful Debt Burden
Mar 28The Consensus EPS Estimates For Mercury NZ Limited (NZSE:MCY) Just Fell Dramatically
Feb 26Mercury NZ (NZSE:MCY) Will Pay A Larger Dividend Than Last Year At NZ$0.094
Feb 24Mercury NZ (NZSE:MCY) Has A Somewhat Strained Balance Sheet
Oct 07Mercury NZ (NZSE:MCY) Has Announced That It Will Be Increasing Its Dividend To NZ$0.12
Sep 02Mercury NZ (NZSE:MCY) Will Pay A Larger Dividend Than Last Year At NZ$0.12
Aug 19Returns At Mercury NZ (NZSE:MCY) Appear To Be Weighed Down
Jul 28Estimating The Intrinsic Value Of Mercury NZ Limited (NZSE:MCY)
Jun 25Would Mercury NZ Limited (NZSE:MCY) Be Valuable To Income Investors?
May 03Revenue & Expenses Breakdown
How Mercury NZ 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 | 3,035 | 38 | 0 | 0 |
| 30 Sep 23 | 2,883 | 71 | 0 | 0 |
| 30 Jun 23 | 2,730 | 103 | 0 | 0 |
| 31 Mar 23 | 2,673 | 197 | 0 | 0 |
| 31 Dec 22 | 2,615 | 281 | 0 | 0 |
| 30 Sep 22 | 2,402 | 375 | 0 | 0 |
| 30 Jun 22 | 2,188 | 469 | 0 | 0 |
| 31 Mar 22 | 2,081 | 454 | 0 | 0 |
| 31 Dec 21 | 1,974 | 438 | 0 | 0 |
| 30 Sep 21 | 2,010 | 290 | 0 | 0 |
| 30 Jun 21 | 2,045 | 141 | 0 | 0 |
| 31 Mar 21 | 1,915 | 199 | 0 | 0 |
| 31 Dec 20 | 1,784 | 256 | 0 | 0 |
| 30 Sep 20 | 1,776 | 233 | 0 | 0 |
| 30 Jun 20 | 1,768 | 209 | 0 | 0 |
| 31 Mar 20 | 1,809 | 273 | 0 | 0 |
| 31 Dec 19 | 1,850 | 336 | 0 | 0 |
| 30 Sep 19 | 1,926 | 347 | 0 | 0 |
| 30 Jun 19 | 2,001 | 357 | 0 | 0 |
| 31 Mar 19 | 1,962 | 282 | 0 | 0 |
| 31 Dec 18 | 1,922 | 207 | 0 | 0 |
| 30 Sep 18 | 1,860 | 221 | 0 | 0 |
| 30 Jun 18 | 1,798 | 234 | 0 | 0 |
| 31 Mar 18 | 1,777 | 218 | 0 | 0 |
| 31 Dec 17 | 1,756 | 202 | 0 | 0 |
| 30 Sep 17 | 1,677 | 193 | 0 | 0 |
| 30 Jun 17 | 1,597 | 184 | 0 | 0 |
| 31 Mar 17 | 1,572 | 192 | 0 | 0 |
| 31 Dec 16 | 1,547 | 199 | 0 | 0 |
| 30 Sep 16 | 1,556 | 180 | 0 | 0 |
| 30 Jun 16 | 1,564 | 160 | 0 | 0 |
| 31 Mar 16 | 1,591 | 137 | 0 | 0 |
| 31 Dec 15 | 1,617 | 113 | 0 | 0 |
| 30 Sep 15 | 1,648 | 80 | 0 | 0 |
| 30 Jun 15 | 1,678 | 47 | 0 | 0 |
| 31 Mar 15 | 1,708 | 72 | 0 | 0 |
| 31 Dec 14 | 1,737 | 96 | 0 | 0 |
| 30 Sep 14 | 1,721 | 154 | 0 | 0 |
| 30 Jun 14 | 1,705 | 212 | 0 | 0 |
| 31 Mar 14 | 1,722 | 188 | 38 | 0 |
| 31 Dec 13 | 1,739 | 164 | 75 | 0 |
| 30 Sep 13 | 1,788 | 139 | 106 | 0 |
Quality Earnings: MCY has a large one-off loss of NZ$53.0M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: MCY's current net profit margins (1.3%) are lower than last year (10.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MCY's earnings have declined by 8.5% per year over the past 5 years.
Accelerating Growth: MCY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MCY had negative earnings growth (-86.5%) over the past year, making it difficult to compare to the Electric Utilities industry average (6.4%).
Return on Equity
High ROE: MCY's Return on Equity (0.8%) is considered low.