Al-Mashreq Insurance Public Shareholding Past Earnings Performance
Past criteria checks 3/6
Al-Mashreq Insurance Public Shareholding's earnings have been declining at an average annual rate of -14%, while the Insurance industry saw earnings declining at 12.7% annually. Revenues have been growing at an average rate of 13.5% per year. Al-Mashreq Insurance Public Shareholding's return on equity is 15.4%, and it has net margins of 6.4%.
Key information
-14.0%
Earnings growth rate
-11.4%
EPS growth rate
| Insurance Industry Growth | -6.4% |
| Revenue growth rate | 13.5% |
| Return on equity | 15.4% |
| Net Margin | 6.4% |
| Last Earnings Update | 31 Mar 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Al-Mashreq Insurance Public Shareholding 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 Mar 23 | 42 | 3 | 10 | 0 |
| 31 Dec 22 | 42 | 3 | 10 | 0 |
| 30 Sep 22 | 41 | 2 | 8 | 0 |
| 30 Jun 22 | 41 | 1 | 8 | 0 |
| 31 Mar 22 | 39 | 1 | 8 | 0 |
| 31 Dec 21 | 36 | 1 | 9 | 0 |
| 30 Sep 21 | 34 | 0 | 9 | 0 |
| 30 Jun 21 | 32 | 1 | 9 | 0 |
| 31 Mar 21 | 29 | 1 | 8 | 0 |
| 31 Dec 20 | 28 | 1 | 8 | 0 |
| 30 Sep 20 | 28 | 2 | 8 | 0 |
| 30 Jun 20 | 28 | 2 | 7 | 0 |
| 31 Mar 20 | 28 | 1 | 7 | 0 |
| 31 Dec 19 | 28 | 1 | 7 | 0 |
| 30 Sep 19 | 26 | 1 | 7 | 0 |
| 30 Jun 19 | 25 | 2 | 6 | 0 |
| 31 Mar 19 | 24 | 2 | 6 | 0 |
| 31 Dec 18 | 23 | 2 | 6 | 0 |
| 30 Sep 18 | 24 | 4 | 6 | 0 |
| 30 Jun 18 | 24 | 3 | 6 | 0 |
| 31 Mar 18 | 23 | 3 | 6 | 0 |
| 31 Dec 17 | 23 | 2 | 6 | 0 |
| 30 Sep 17 | 21 | 2 | 6 | 0 |
| 30 Jun 17 | 20 | 2 | 5 | 0 |
| 31 Mar 17 | 19 | 1 | 5 | 0 |
| 31 Dec 16 | 18 | 1 | 4 | 0 |
| 30 Sep 16 | 17 | 1 | 4 | 0 |
| 30 Jun 16 | 16 | 1 | 4 | 0 |
| 31 Mar 16 | 15 | 1 | 4 | 0 |
| 31 Dec 15 | 14 | 0 | 4 | 0 |
| 30 Sep 15 | 13 | 0 | 4 | 0 |
| 30 Jun 15 | 14 | 0 | 4 | 0 |
| 31 Mar 15 | 14 | 0 | 5 | 0 |
| 31 Dec 14 | 13 | 0 | 5 | 0 |
| 30 Sep 14 | 13 | 1 | 5 | 0 |
| 30 Jun 14 | 13 | 0 | 4 | 0 |
| 31 Mar 14 | 12 | 0 | 4 | 0 |
| 31 Dec 13 | 11 | 0 | 4 | 0 |
| 30 Sep 13 | 10 | -1 | 3 | 0 |
| 30 Jun 13 | 9 | -1 | 3 | 0 |
| 31 Mar 13 | 8 | -1 | 3 | 0 |
| 31 Dec 12 | 7 | -1 | 3 | 0 |
Quality Earnings: MIC has a high level of non-cash earnings.
Growing Profit Margin: MIC's current net profit margins (6.4%) are higher than last year (2.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MIC's earnings have declined by 14% per year over the past 5 years.
Accelerating Growth: MIC's earnings growth over the past year (206.5%) exceeds its 5-year average (-14% per year).
Earnings vs Industry: MIC earnings growth over the past year (206.5%) exceeded the Insurance industry 5.7%.
Return on Equity
High ROE: MIC's Return on Equity (15.4%) is considered low.