Oman Qatar Insurance Company SAOG Past Earnings Performance
Past criteria checks 4/6
Oman Qatar Insurance Company SAOG has been growing earnings at an average annual rate of 21.8%, while the Insurance industry saw earnings growing at 15.2% annually. Revenues have been growing at an average rate of 49.8% per year. Oman Qatar Insurance Company SAOG's return on equity is 9.9%, and it has net margins of 5.1%.
Key information
21.8%
Earnings growth rate
11.5%
EPS growth rate
| Insurance Industry Growth | 0.5% |
| Revenue growth rate | 49.8% |
| Return on equity | 9.9% |
| Net Margin | 5.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Oman Qatar Insurance Company SAOG 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 | 72 | 4 | 2 | 0 |
| 30 Jun 24 | 74 | 6 | 2 | 0 |
| 31 Mar 24 | 73 | 5 | 2 | 0 |
| 31 Dec 23 | 67 | 4 | 2 | 0 |
| 30 Sep 23 | 58 | 2 | 1 | 0 |
| 30 Jun 23 | 60 | 1 | 1 | 0 |
| 31 Mar 23 | 45 | 2 | 1 | 0 |
| 31 Dec 22 | 38 | 4 | 1 | 0 |
| 30 Sep 22 | 31 | 5 | 1 | 0 |
| 30 Jun 22 | 11 | 3 | 2 | 0 |
| 31 Mar 22 | 12 | 4 | 2 | 0 |
| 31 Dec 21 | 11 | 3 | 2 | 0 |
| 30 Sep 21 | 12 | 4 | 2 | 0 |
| 30 Jun 21 | 12 | 4 | 2 | 0 |
| 31 Mar 21 | 11 | 4 | 2 | 0 |
| 31 Dec 20 | 10 | 2 | 2 | 0 |
| 30 Sep 20 | 8 | 1 | 2 | 0 |
| 30 Jun 20 | 8 | 1 | 2 | 0 |
| 31 Mar 20 | 9 | 0 | 2 | 0 |
| 31 Dec 19 | 9 | 1 | 2 | 0 |
| 30 Sep 19 | 9 | 1 | 2 | 0 |
| 30 Jun 19 | 9 | 1 | 2 | 0 |
| 31 Mar 19 | 10 | 1 | 2 | 0 |
| 31 Dec 18 | 10 | 1 | 2 | 0 |
| 30 Sep 18 | 10 | 1 | 2 | 0 |
| 30 Jun 18 | 9 | 1 | 2 | 0 |
| 31 Mar 18 | 9 | 1 | 2 | 0 |
| 31 Dec 17 | 10 | 2 | 2 | 0 |
| 30 Sep 17 | 10 | 2 | 2 | 0 |
| 30 Jun 17 | 11 | 2 | 2 | 0 |
| 31 Mar 17 | 12 | 2 | 2 | 0 |
| 31 Dec 16 | 11 | 1 | 2 | 0 |
| 31 Dec 15 | 10 | -1 | 2 | 0 |
| 31 Dec 14 | 11 | 1 | 2 | 0 |
| 31 Dec 13 | 10 | 2 | 2 | 0 |
Quality Earnings: OQIC has a large one-off gain of OMR1.9M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: OQIC's current net profit margins (5.1%) are higher than last year (3.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: OQIC's earnings have grown significantly by 21.8% per year over the past 5 years.
Accelerating Growth: OQIC's earnings growth over the past year (84.3%) exceeds its 5-year average (21.8% per year).
Earnings vs Industry: OQIC earnings growth over the past year (84.3%) exceeded the Insurance industry 8.5%.
Return on Equity
High ROE: OQIC's Return on Equity (9.9%) is considered low.