Muscat City Desalination Company SAOG Past Earnings Performance
Past criteria checks 2/6
Muscat City Desalination Company SAOG has been growing earnings at an average annual rate of 9%, while the Water Utilities industry saw earnings growing at 6.3% annually. Revenues have been growing at an average rate of 2.6% per year. Muscat City Desalination Company SAOG's return on equity is 10%, and it has net margins of 12.8%.
Key information
9.0%
Earnings growth rate
9.0%
EPS growth rate
| Water Utilities Industry Growth | 4.8% |
| Revenue growth rate | 2.6% |
| Return on equity | 10.0% |
| Net Margin | 12.8% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Muscat City Desalination 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 | 18 | 2 | 1 | 0 |
| 30 Jun 24 | 18 | 2 | 1 | 0 |
| 31 Mar 24 | 19 | 2 | 1 | 0 |
| 31 Dec 23 | 19 | 2 | 1 | 0 |
| 30 Sep 23 | 19 | 2 | 1 | 0 |
| 30 Jun 23 | 19 | 2 | 1 | 0 |
| 31 Mar 23 | 19 | 2 | 1 | 0 |
| 31 Dec 22 | 19 | 2 | 1 | 0 |
| 30 Sep 22 | 19 | 2 | 1 | 0 |
| 30 Jun 22 | 18 | 2 | 1 | 0 |
| 31 Mar 22 | 18 | 2 | 0 | 0 |
| 31 Dec 21 | 18 | 2 | 0 | 0 |
| 30 Sep 21 | 18 | 2 | 0 | 0 |
| 30 Jun 21 | 17 | 2 | 0 | 0 |
| 31 Mar 21 | 17 | 2 | 0 | 0 |
| 31 Dec 20 | 17 | 2 | 0 | 0 |
| 30 Sep 20 | 17 | 2 | 0 | 0 |
| 30 Jun 20 | 17 | 2 | 1 | 0 |
| 31 Mar 20 | 17 | 2 | 1 | 0 |
| 31 Dec 19 | 17 | 1 | 1 | 0 |
| 30 Sep 19 | 17 | 1 | 1 | 0 |
| 30 Jun 19 | 16 | 1 | 1 | 0 |
| 31 Mar 19 | 16 | 1 | 1 | 0 |
| 31 Dec 18 | 16 | 1 | 1 | 0 |
| 30 Sep 18 | 16 | 1 | 1 | 0 |
| 30 Jun 18 | 16 | 1 | 1 | 0 |
| 31 Mar 18 | 16 | 1 | 1 | 0 |
| 31 Dec 17 | 16 | 0 | 1 | 0 |
| 30 Sep 17 | 15 | 0 | 1 | 0 |
| 30 Jun 17 | 15 | 1 | 1 | 0 |
| 31 Mar 17 | 15 | 1 | 1 | 0 |
| 31 Dec 16 | 13 | 1 | 1 | 0 |
| 31 Dec 15 | 0 | 0 | 0 | 0 |
Quality Earnings: MCDE has high quality earnings.
Growing Profit Margin: MCDE's current net profit margins (12.8%) are lower than last year (13.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MCDE's earnings have grown by 9% per year over the past 5 years.
Accelerating Growth: MCDE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MCDE had negative earnings growth (-5.5%) over the past year, making it difficult to compare to the Water Utilities industry average (-2.6%).
Return on Equity
High ROE: MCDE's Return on Equity (10%) is considered low.