VRG Past Earnings Performance
Past criteria checks 4/6
VRG has been growing earnings at an average annual rate of 24.6%, while the Luxury industry saw earnings growing at 24.6% annually. Revenues have been growing at an average rate of 8.8% per year. VRG's return on equity is 10.2%, and it has net margins of 7.8%.
Key information
24.6%
Earnings growth rate
21.6%
EPS growth rate
| Luxury Industry Growth | 27.7% |
| Revenue growth rate | 8.8% |
| Return on equity | 10.2% |
| Net Margin | 7.8% |
| Next Earnings Update | 21 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How VRG 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 | 1,302 | 102 | 586 | 0 |
| 30 Sep 23 | 1,268 | 99 | 574 | 0 |
| 30 Jun 23 | 1,291 | 107 | 566 | 0 |
| 31 Mar 23 | 1,297 | 99 | 555 | 0 |
| 31 Dec 22 | 1,274 | 93 | 540 | 0 |
| 30 Sep 22 | 1,254 | 85 | 522 | 0 |
| 30 Jun 22 | 1,239 | 100 | 509 | 0 |
| 31 Mar 22 | 1,142 | 82 | 486 | 0 |
| 31 Dec 21 | 1,070 | 66 | 464 | 0 |
| 30 Sep 21 | 953 | 13 | 447 | 0 |
| 30 Jun 21 | 897 | -5 | 434 | 0 |
| 31 Mar 21 | 828 | -27 | 407 | 0 |
| 31 Dec 20 | 854 | -40 | 417 | 0 |
| 30 Sep 20 | 954 | 18 | 427 | 0 |
| 30 Jun 20 | 956 | 11 | 436 | 0 |
| 31 Mar 20 | 1,051 | 34 | 469 | 0 |
| 31 Dec 19 | 1,068 | 64 | 469 | 0 |
| 30 Sep 19 | 1,008 | 52 | 441 | 0 |
| 30 Jun 19 | 937 | 61 | 406 | 0 |
| 31 Mar 19 | 860 | 51 | 371 | 0 |
| 01 Jan 19 | 806 | 54 | 340 | 0 |
| 30 Sep 18 | 757 | 45 | 324 | 0 |
| 30 Jun 18 | 734 | 44 | 314 | 0 |
| 31 Mar 18 | 713 | 44 | 302 | 0 |
| 31 Dec 17 | 689 | 43 | 293 | 0 |
| 30 Sep 17 | 654 | 39 | 281 | 0 |
| 30 Jun 17 | 633 | 36 | 273 | 0 |
| 31 Mar 17 | 615 | 35 | 269 | 0 |
| 31 Dec 16 | 599 | 35 | 261 | 0 |
| 30 Sep 16 | 570 | 28 | 252 | 0 |
| 30 Jun 16 | 552 | 27 | 246 | 0 |
| 31 Mar 16 | 530 | 27 | 234 | 0 |
| 31 Dec 15 | 514 | 25 | 227 | 0 |
| 30 Sep 15 | 495 | 27 | 218 | 0 |
| 30 Jun 15 | 477 | 24 | 211 | 0 |
| 31 Mar 15 | 459 | 21 | 207 | 0 |
| 31 Dec 14 | 443 | 20 | 201 | 0 |
| 30 Sep 14 | 424 | 17 | 195 | 0 |
| 30 Jun 14 | 414 | 47 | 195 | 0 |
| 31 Mar 14 | 402 | 49 | 188 | 0 |
| 31 Dec 13 | 398 | 45 | 187 | 0 |
| 30 Sep 13 | 394 | 43 | 186 | 0 |
| 30 Jun 13 | 394 | 14 | 182 | 0 |
Quality Earnings: VRG has high quality earnings.
Growing Profit Margin: VRG's current net profit margins (7.8%) are higher than last year (7.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VRG's earnings have grown significantly by 24.6% per year over the past 5 years.
Accelerating Growth: VRG's earnings growth over the past year (9.4%) is below its 5-year average (24.6% per year).
Earnings vs Industry: VRG earnings growth over the past year (9.4%) exceeded the Luxury industry -10.1%.
Return on Equity
High ROE: VRG's Return on Equity (10.2%) is considered low.