Ionics Past Earnings Performance
Past criteria checks 3/6
Ionics has been growing earnings at an average annual rate of 7.3%, while the Electronic industry saw earnings growing at 11.8% annually. Revenues have been growing at an average rate of 12.2% per year. Ionics's return on equity is 7.2%, and it has net margins of 4.7%.
Key information
7.3%
Earnings growth rate
7.6%
EPS growth rate
| Electronic Industry Growth | 14.2% |
| Revenue growth rate | 12.2% |
| Return on equity | 7.2% |
| Net Margin | 4.7% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Ionics 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 | 98 | 5 | 5 | 0 |
| 30 Sep 23 | 101 | 4 | 5 | 0 |
| 30 Jun 23 | 106 | 4 | 6 | 0 |
| 31 Mar 23 | 89 | 5 | 5 | 0 |
| 31 Dec 22 | 78 | 4 | 4 | 0 |
| 30 Sep 22 | 68 | 4 | 4 | 0 |
| 30 Jun 22 | 50 | 3 | 3 | 0 |
| 31 Mar 22 | 62 | 3 | 4 | 0 |
| 31 Dec 21 | 62 | 3 | 4 | 0 |
| 30 Sep 21 | 63 | 2 | 4 | 0 |
| 30 Jun 21 | 65 | 3 | 4 | 0 |
| 31 Mar 21 | 58 | 1 | 3 | 0 |
| 31 Dec 20 | 54 | 0 | 3 | 0 |
| 30 Sep 20 | 53 | 1 | 3 | 0 |
| 30 Jun 20 | 52 | 1 | 3 | 0 |
| 31 Mar 20 | 56 | 2 | 3 | 0 |
| 31 Dec 19 | 60 | 4 | 3 | 0 |
| 30 Sep 19 | 60 | 4 | 4 | 0 |
| 30 Jun 19 | 58 | 4 | 4 | 0 |
| 31 Mar 19 | 59 | 4 | 4 | 0 |
| 31 Dec 18 | 57 | 4 | 4 | 0 |
| 30 Sep 18 | 61 | 5 | 4 | 0 |
| 30 Jun 18 | 61 | 4 | 4 | 0 |
| 31 Mar 18 | 58 | 4 | 4 | 0 |
| 31 Dec 17 | 55 | 4 | 4 | 0 |
| 30 Sep 17 | 50 | 3 | 4 | 0 |
| 30 Jun 17 | 48 | 3 | 4 | 0 |
| 31 Mar 17 | 49 | 3 | 4 | 0 |
| 31 Dec 16 | 51 | 3 | 4 | 0 |
| 30 Sep 16 | 56 | 2 | 3 | 0 |
| 30 Jun 16 | 60 | 3 | 3 | 0 |
| 31 Mar 16 | 63 | 3 | 3 | 0 |
| 31 Dec 15 | 66 | 3 | 3 | 0 |
| 30 Sep 15 | 66 | 3 | 4 | 0 |
| 30 Jun 15 | 67 | 2 | 4 | 0 |
| 31 Mar 15 | 67 | 2 | 4 | 0 |
| 31 Dec 14 | 66 | 1 | 4 | 0 |
| 30 Sep 14 | 65 | -2 | 5 | 0 |
| 30 Jun 14 | 64 | -2 | 5 | 0 |
| 31 Mar 14 | 64 | -2 | 5 | 0 |
| 31 Dec 13 | 66 | -3 | 5 | 0 |
| 30 Sep 13 | 72 | -1 | 4 | 0 |
| 30 Jun 13 | 75 | -1 | 4 | 0 |
Quality Earnings: ION has high quality earnings.
Growing Profit Margin: ION's current net profit margins (4.7%) are lower than last year (5.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ION's earnings have grown by 7.3% per year over the past 5 years.
Accelerating Growth: ION's earnings growth over the past year (3%) is below its 5-year average (7.3% per year).
Earnings vs Industry: ION earnings growth over the past year (3%) exceeded the Electronic industry -9.8%.
Return on Equity
High ROE: ION's Return on Equity (7.2%) is considered low.