Oman Reinsurance Company SAOG Past Earnings Performance
Past criteria checks 2/6
Oman Reinsurance Company SAOG has been growing earnings at an average annual rate of 19.5%, while the Insurance industry saw earnings growing at 15.2% annually. Revenues have been growing at an average rate of 30.3% per year. Oman Reinsurance Company SAOG's return on equity is 6%, and it has net margins of 4.4%.
Key information
19.5%
Earnings growth rate
17.3%
EPS growth rate
| Insurance Industry Growth | 0.5% |
| Revenue growth rate | 30.3% |
| Return on equity | 6.0% |
| Net Margin | 4.4% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Oman Reinsurance 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 | 48 | 2 | 2 | 0 |
| 30 Jun 24 | 48 | 2 | 2 | 0 |
| 31 Mar 24 | 45 | 3 | 2 | 0 |
| 31 Dec 23 | 45 | 3 | 2 | 0 |
| 30 Sep 23 | 45 | 3 | 2 | 0 |
| 30 Jun 23 | 45 | 3 | 1 | 0 |
| 31 Mar 23 | 40 | 2 | 1 | 0 |
| 31 Dec 22 | 35 | 2 | 2 | 0 |
| 30 Sep 22 | 30 | 2 | 2 | 0 |
| 30 Jun 22 | 23 | 1 | 3 | 0 |
| 31 Mar 22 | 22 | 1 | 2 | 0 |
| 31 Dec 21 | 20 | 1 | 2 | 0 |
| 31 Dec 20 | 17 | 1 | 2 | 0 |
Quality Earnings: ORIC has high quality earnings.
Growing Profit Margin: ORIC's current net profit margins (4.4%) are lower than last year (5.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ORIC's earnings have grown by 19.5% per year over the past 5 years.
Accelerating Growth: ORIC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ORIC had negative earnings growth (-18.9%) over the past year, making it difficult to compare to the Insurance industry average (8.5%).
Return on Equity
High ROE: ORIC's Return on Equity (6%) is considered low.