Oman Reinsurance Company SAOG Past Earnings Performance
Past criteria checks 5/6
Oman Reinsurance Company SAOG has been growing earnings at an average annual rate of 23.3%, while the Insurance industry saw earnings growing at 2.9% annually. Revenues have been growing at an average rate of 56.6% per year. Oman Reinsurance Company SAOG's return on equity is 9.3%, and it has net margins of 6.7%.
Key information
23.3%
Earnings growth rate
20.1%
EPS growth rate
| Insurance Industry Growth | 0.5% |
| Revenue growth rate | 56.6% |
| Return on equity | 9.3% |
| Net Margin | 6.7% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
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 |
|---|---|---|---|---|
| 31 Mar 24 | 45 | 3 | 2 | 0 |
| 31 Dec 23 | 45 | 3 | 2 | 0 |
| 30 Sep 23 | 36 | 2 | 3 | 0 |
| 30 Jun 23 | 31 | 2 | 3 | 0 |
| 31 Mar 23 | 29 | 1 | 3 | 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 (6.7%) are higher than last year (3.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ORIC's earnings have grown significantly by 23.3% per year over the past 5 years.
Accelerating Growth: ORIC's earnings growth over the past year (229.4%) exceeds its 5-year average (23.3% per year).
Earnings vs Industry: ORIC earnings growth over the past year (229.4%) exceeded the Insurance industry 52%.
Return on Equity
High ROE: ORIC's Return on Equity (9.3%) is considered low.