AREIT Past Earnings Performance
Past criteria checks 5/6
AREIT has been growing earnings at an average annual rate of 7%, while the Office REITs industry saw earnings growing at 4.3% annually. Revenues have been growing at an average rate of 35.7% per year. AREIT's return on equity is 6%, and it has net margins of 70.5%.
Key information
7.0%
Earnings growth rate
-14.5%
EPS growth rate
| Office REITs Industry Growth | 5.1% |
| Revenue growth rate | 35.7% |
| Return on equity | 6.0% |
| Net Margin | 70.5% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How AREIT 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 Dec 23 | 7,140 | 5,031 | 126 | 0 |
| 30 Sep 23 | 6,521 | 3,718 | 92 | 0 |
| 30 Jun 23 | 5,679 | 3,300 | 77 | 0 |
| 31 Mar 23 | 5,364 | 3,088 | 79 | 0 |
| 31 Dec 22 | 5,073 | 2,888 | 79 | 0 |
| 30 Sep 22 | 4,755 | 3,077 | 121 | 0 |
| 30 Jun 22 | 4,267 | 2,744 | 119 | 0 |
| 31 Mar 22 | 3,797 | 2,548 | 109 | 0 |
| 31 Dec 21 | 3,316 | 2,433 | 103 | 0 |
| 30 Sep 21 | 2,704 | 2,516 | 33 | 0 |
| 30 Jun 21 | 2,480 | 6,562 | 64 | 0 |
| 31 Mar 21 | 2,293 | 6,425 | 53 | 0 |
| 31 Dec 20 | 2,036 | 6,265 | 49 | 0 |
| 30 Sep 20 | 1,851 | 5,791 | 50 | 0 |
| 31 Mar 20 | 1,633 | 1,564 | 19 | 0 |
| 01 Jan 20 | 1,672 | 3,704 | 14 | 0 |
| 30 Sep 19 | 1,491 | 1,223 | 15 | 0 |
| 31 Dec 18 | 865 | 537 | 4 | 0 |
| 31 Dec 17 | 698 | 447 | 6 | 0 |
| 31 Dec 16 | 826 | 368 | 21 | 0 |
Quality Earnings: AREIT has high quality earnings.
Growing Profit Margin: AREIT's current net profit margins (70.5%) are higher than last year (56.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AREIT's earnings have grown by 7% per year over the past 5 years.
Accelerating Growth: AREIT's earnings growth over the past year (74.2%) exceeds its 5-year average (7% per year).
Earnings vs Industry: AREIT earnings growth over the past year (74.2%) exceeded the Office REITs industry -2.2%.
Return on Equity
High ROE: AREIT's Return on Equity (6%) is considered low.