Systems Past Earnings Performance
Past criteria checks 2/6
Systems has been growing earnings at an average annual rate of 42.9%, while the IT industry saw earnings growing at 13.9% annually. Revenues have been growing at an average rate of 46.5% per year. Systems's return on equity is 26.9%, and it has net margins of 16.3%.
Key information
42.9%
Earnings growth rate
41.6%
EPS growth rate
| IT Industry Growth | 29.7% |
| Revenue growth rate | 46.5% |
| Return on equity | 26.9% |
| Net Margin | 16.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Systems 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 | 53,435 | 8,689 | 5,745 | 0 |
| 30 Sep 23 | 48,949 | 8,659 | 5,230 | 0 |
| 30 Jun 23 | 43,486 | 8,957 | 4,658 | 0 |
| 31 Mar 23 | 37,126 | 9,308 | 3,794 | 0 |
| 31 Dec 22 | 31,760 | 6,629 | 3,184 | 0 |
| 30 Sep 22 | 24,925 | 6,982 | 2,803 | 0 |
| 30 Jun 22 | 20,219 | 5,871 | 2,368 | 0 |
| 31 Mar 22 | 17,589 | 5,045 | 2,072 | 0 |
| 31 Dec 21 | 15,304 | 4,462 | 1,821 | 0 |
| 30 Sep 21 | 13,332 | 3,174 | 1,328 | 0 |
| 30 Jun 21 | 11,866 | 2,687 | 1,133 | 0 |
| 31 Mar 21 | 10,693 | 2,295 | 948 | 0 |
| 31 Dec 20 | 9,877 | 2,210 | 928 | 0 |
| 30 Sep 20 | 9,132 | 1,986 | 1,111 | 0 |
| 30 Jun 20 | 8,514 | 1,782 | 1,006 | 0 |
| 31 Mar 20 | 8,166 | 1,808 | 1,011 | 0 |
| 31 Dec 19 | 7,536 | 1,587 | 904 | 0 |
| 30 Sep 19 | 7,098 | 1,623 | 844 | 0 |
| 30 Jun 19 | 6,574 | 1,500 | 821 | 0 |
| 31 Mar 19 | 5,819 | 1,154 | 743 | 0 |
| 31 Dec 18 | 5,324 | 1,074 | 701 | 0 |
| 30 Sep 18 | 4,864 | 803 | 766 | 0 |
| 30 Jun 18 | 4,481 | 748 | 704 | 0 |
| 31 Mar 18 | 4,121 | 661 | 700 | 0 |
| 31 Dec 17 | 3,832 | 570 | 646 | 0 |
| 30 Sep 17 | 3,431 | 571 | 509 | -2 |
| 30 Jun 17 | 3,232 | 538 | 473 | -2 |
| 31 Mar 17 | 3,176 | 529 | 431 | -4 |
| 31 Dec 16 | 3,112 | 487 | 440 | 0 |
| 30 Sep 16 | 3,148 | 480 | 421 | 7 |
| 30 Jun 16 | 2,882 | 433 | 443 | 14 |
| 31 Mar 16 | 2,678 | 406 | 460 | 24 |
| 31 Dec 15 | 2,471 | 410 | 434 | 29 |
| 30 Sep 15 | 2,183 | 417 | 382 | 12 |
| 30 Jun 15 | 2,176 | 441 | 343 | 11 |
| 31 Mar 15 | 2,041 | 449 | 286 | 6 |
| 31 Dec 14 | 1,923 | 411 | 269 | 2 |
| 31 Dec 13 | 1,423 | 401 | 206 | 5 |
Quality Earnings: SYS has a high level of non-cash earnings.
Growing Profit Margin: SYS's current net profit margins (16.3%) are lower than last year (20.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SYS's earnings have grown significantly by 42.9% per year over the past 5 years.
Accelerating Growth: SYS's earnings growth over the past year (31.1%) is below its 5-year average (42.9% per year).
Earnings vs Industry: SYS earnings growth over the past year (31.1%) did not outperform the IT industry 31.1%.
Return on Equity
High ROE: SYS's Return on Equity (26.9%) is considered high.