Vector Past Earnings Performance

Past criteria checks 0/6

Vector's earnings have been declining at an average annual rate of -4.3%, while the Integrated Utilities industry saw earnings growing at 8% annually. Revenues have been declining at an average rate of 3.9% per year. Vector's return on equity is 2.1%, and it has net margins of 6.8%.

Key information

-4.3%

Earnings growth rate

-4.3%

EPS growth rate

Integrated Utilities Industry Growth8.1%
Revenue growth rate-3.9%
Return on equity2.1%
Net Margin6.8%
Next Earnings Update25 Feb 2025

Recent past performance updates

Recent updates

Is Vector (NZSE:VCT) A Risky Investment?

Dec 10
Is Vector (NZSE:VCT) A Risky Investment?

Vector (NZSE:VCT) Is Increasing Its Dividend To NZ$0.1475

Aug 29
Vector (NZSE:VCT) Is Increasing Its Dividend To NZ$0.1475

Time To Worry? Analysts Just Downgraded Their Vector Limited (NZSE:VCT) Outlook

Aug 28
Time To Worry? Analysts Just Downgraded Their Vector Limited (NZSE:VCT) Outlook

With Vector Limited (NZSE:VCT) It Looks Like You'll Get What You Pay For

Aug 16
With Vector Limited (NZSE:VCT) It Looks Like You'll Get What You Pay For

Vector (NZSE:VCT) Is Reinvesting At Lower Rates Of Return

Jun 28
Vector (NZSE:VCT) Is Reinvesting At Lower Rates Of Return

Is Vector (NZSE:VCT) Using Too Much Debt?

May 07
Is Vector (NZSE:VCT) Using Too Much Debt?

Estimating The Intrinsic Value Of Vector Limited (NZSE:VCT)

Apr 12
Estimating The Intrinsic Value Of Vector Limited (NZSE:VCT)

Vector (NZSE:VCT) Is Paying Out A Dividend Of NZ$0.0925

Feb 29
Vector (NZSE:VCT) Is Paying Out A Dividend Of NZ$0.0925

Market Participants Recognise Vector Limited's (NZSE:VCT) Earnings

Feb 12
Market Participants Recognise Vector Limited's (NZSE:VCT) Earnings

Vector Limited's (NZSE:VCT) Intrinsic Value Is Potentially 22% Below Its Share Price

Dec 20
Vector Limited's (NZSE:VCT) Intrinsic Value Is Potentially 22% Below Its Share Price

These 4 Measures Indicate That Vector (NZSE:VCT) Is Using Debt Extensively

Oct 26
These 4 Measures Indicate That Vector (NZSE:VCT) Is Using Debt Extensively

Are Investors Undervaluing Vector Limited (NZSE:VCT) By 41%?

Jul 07
Are Investors Undervaluing Vector Limited (NZSE:VCT) By 41%?

The Returns At Vector (NZSE:VCT) Aren't Growing

Apr 10
The Returns At Vector (NZSE:VCT) Aren't Growing

A Look At The Intrinsic Value Of Vector Limited (NZSE:VCT)

Feb 09
A Look At The Intrinsic Value Of Vector Limited (NZSE:VCT)

Here's Why Vector (NZSE:VCT) Has A Meaningful Debt Burden

Dec 16
Here's Why Vector (NZSE:VCT) Has A Meaningful Debt Burden

Calculating The Intrinsic Value Of Vector Limited (NZSE:VCT)

Nov 05
Calculating The Intrinsic Value Of Vector Limited (NZSE:VCT)

The Returns At Vector (NZSE:VCT) Aren't Growing

Oct 18
The Returns At Vector (NZSE:VCT) Aren't Growing

Vector (NZSE:VCT) Will Pay A Dividend Of NZ$0.0895

Aug 29
Vector (NZSE:VCT) Will Pay A Dividend Of NZ$0.0895

Vector (NZSE:VCT) Has Some Way To Go To Become A Multi-Bagger

Jul 19
Vector (NZSE:VCT) Has Some Way To Go To Become A Multi-Bagger

Slowing Rates Of Return At Vector (NZSE:VCT) Leave Little Room For Excitement

Apr 14
Slowing Rates Of Return At Vector (NZSE:VCT) Leave Little Room For Excitement

Vector (NZSE:VCT) Is Due To Pay A Dividend Of NZ$0.087

Feb 28
Vector (NZSE:VCT) Is Due To Pay A Dividend Of NZ$0.087

Is There An Opportunity With Vector Limited's (NZSE:VCT) 41% Undervaluation?

Feb 13
Is There An Opportunity With Vector Limited's (NZSE:VCT) 41% Undervaluation?

Returns At Vector (NZSE:VCT) Appear To Be Weighed Down

Nov 27
Returns At Vector (NZSE:VCT) Appear To Be Weighed Down

These 4 Measures Indicate That Vector (NZSE:VCT) Is Using Debt Extensively

Nov 04
These 4 Measures Indicate That Vector (NZSE:VCT) Is Using Debt Extensively

Vector Limited (NZSE:VCT) Shares Could Be 37% Below Their Intrinsic Value Estimate

Sep 30
Vector Limited (NZSE:VCT) Shares Could Be 37% Below Their Intrinsic Value Estimate

Vector (NZSE:VCT) Is Increasing Its Dividend To NZ$0.09

Aug 26
Vector (NZSE:VCT) Is Increasing Its Dividend To NZ$0.09

Slowing Rates Of Return At Vector (NZSE:VCT) Leave Little Room For Excitement

May 10
Slowing Rates Of Return At Vector (NZSE:VCT) Leave Little Room For Excitement

These 4 Measures Indicate That Vector (NZSE:VCT) Is Using Debt Extensively

Apr 06
These 4 Measures Indicate That Vector (NZSE:VCT) Is Using Debt Extensively

Does Vector Limited (NZSE:VCT) Have A Place In Your Dividend Stock Portfolio?

Mar 19
Does Vector Limited (NZSE:VCT) Have A Place In Your Dividend Stock Portfolio?

Should You Be Worried About Vector Limited's (NZSE:VCT) 5.2% Return On Equity?

Mar 01
Should You Be Worried About Vector Limited's (NZSE:VCT) 5.2% Return On Equity?

Did You Participate In Any Of Vector's (NZSE:VCT) Respectable 74% Return?

Feb 11
Did You Participate In Any Of Vector's (NZSE:VCT) Respectable 74% Return?

Are Vector's (NZSE:VCT) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Jan 24
Are Vector's (NZSE:VCT) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Returns On Capital At Vector (NZSE:VCT) Paint An Interesting Picture

Jan 06
Returns On Capital At Vector (NZSE:VCT) Paint An Interesting Picture

Read This Before Buying Vector Limited (NZSE:VCT) For Its Dividend

Dec 17
Read This Before Buying Vector Limited (NZSE:VCT) For Its Dividend

Vector (NZSE:VCT) Has A Somewhat Strained Balance Sheet

Dec 02
Vector (NZSE:VCT) Has A Somewhat Strained Balance Sheet

Read This Before Judging Vector Limited's (NZSE:VCT) ROE

Nov 17
Read This Before Judging Vector Limited's (NZSE:VCT) ROE

Revenue & Expenses Breakdown

How Vector makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NZSE:VCT Revenue, expenses and earnings (NZD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 241,1417800
31 Mar 241,1186800
31 Dec 231,2046900
30 Sep 231,1989000
30 Jun 231,08310100
31 Mar 231,0898900
31 Dec 221,0957800
30 Sep 221,0998900
30 Jun 221,10310100
31 Mar 221,15213900
31 Dec 211,20017700
30 Sep 211,24018500
30 Jun 211,27919300
31 Mar 211,26115500
31 Dec 201,24211700
30 Sep 201,26810600
30 Jun 201,2949500
31 Mar 201,31288810
31 Dec 191,330801630
30 Sep 191,324811630
30 Jun 191,319831630
31 Mar 191,3301181580
31 Dec 181,3411531540
30 Sep 181,3351501540
30 Jun 181,3281481540
31 Mar 181,3031441490
31 Dec 171,2771401440
30 Sep 171,2521531440
30 Jun 171,2271661440
31 Mar 171,2031311370
31 Dec 161,180971300
30 Sep 161,162761300
30 Jun 161,145561300
31 Mar 161,135741310
31 Dec 151,125911330
30 Sep 151,139881330
30 Jun 151,153851330
31 Mar 151,1871041300
31 Dec 141,2201231270
30 Sep 141,2391461270
30 Jun 141,2591691270
31 Mar 141,2631791260
31 Dec 131,2681901250

Quality Earnings: VCT has a large one-off loss of NZ$60.0M impacting its last 12 months of financial results to 30th June, 2024.

Growing Profit Margin: VCT's current net profit margins (6.8%) are lower than last year (9.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: VCT's earnings have declined by 4.3% per year over the past 5 years.

Accelerating Growth: VCT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: VCT had negative earnings growth (-23%) over the past year, making it difficult to compare to the Integrated Utilities industry average (3.3%).


Return on Equity

High ROE: VCT's Return on Equity (2.1%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 10:17
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Vector Limited is covered by 11 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Grant SwanepoelCredit Suisse
Grant SwanepoelDeutsche Bank
Andrew Harvey-GreenForsyth Barr Group Ltd.