Palestine Electric Company P.L.C Past Earnings Performance
Past criteria checks 5/6
Palestine Electric Company P.L.C has been growing earnings at an average annual rate of 8.5%, while the Renewable Energy industry saw earnings growing at 9% annually. Revenues have been growing at an average rate of 1.2% per year. Palestine Electric Company P.L.C's return on equity is 15.8%, and it has net margins of 51.8%.
Key information
8.5%
Earnings growth rate
8.4%
EPS growth rate
| Renewable Energy Industry Growth | 12.6% |
| Revenue growth rate | 1.2% |
| Return on equity | 15.8% |
| Net Margin | 51.8% |
| Last Earnings Update | 30 Jun 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Palestine Electric Company P.L.C 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 |
|---|---|---|---|---|
| 30 Jun 23 | 32 | 16 | 3 | 0 |
| 31 Mar 23 | 32 | 18 | 5 | 0 |
| 31 Dec 22 | 32 | 14 | 5 | 0 |
| 30 Sep 22 | 32 | 13 | 8 | 0 |
| 30 Jun 22 | 31 | 11 | 7 | 0 |
| 31 Mar 22 | 31 | 9 | 4 | 0 |
| 31 Dec 21 | 31 | 10 | 2 | 0 |
| 30 Sep 21 | 31 | 10 | 1 | 0 |
| 30 Jun 21 | 31 | 12 | 2 | 0 |
| 31 Mar 21 | 31 | 10 | 2 | 0 |
| 31 Dec 20 | 31 | 11 | 2 | 0 |
| 30 Sep 20 | 31 | 14 | 1 | 0 |
| 30 Jun 20 | 31 | 13 | 1 | 0 |
| 31 Mar 20 | 31 | 14 | 0 | 0 |
| 31 Dec 19 | 31 | 12 | 1 | 0 |
| 30 Sep 19 | 30 | 9 | 2 | 0 |
| 30 Jun 19 | 30 | 8 | 2 | 0 |
| 31 Mar 19 | 30 | 8 | 2 | 0 |
| 31 Dec 18 | 30 | 9 | 2 | 0 |
| 30 Sep 18 | 30 | 11 | 2 | 0 |
| 30 Jun 18 | 30 | 10 | 2 | 0 |
| 31 Mar 18 | 30 | 8 | 1 | 0 |
| 31 Dec 17 | 30 | 9 | 1 | 0 |
| 30 Sep 17 | 30 | -8 | 16 | 0 |
| 30 Jun 17 | 30 | -4 | 16 | 0 |
| 31 Mar 17 | 31 | -1 | 24 | 0 |
| 31 Dec 16 | 31 | -1 | 16 | 0 |
| 30 Sep 16 | 31 | 18 | 6 | 0 |
| 30 Jun 16 | 31 | 17 | 6 | 0 |
| 31 Mar 16 | 31 | 16 | 6 | 0 |
| 31 Dec 15 | 28 | 14 | 6 | 0 |
| 30 Sep 15 | 26 | 10 | 8 | 0 |
| 30 Jun 15 | 21 | 0 | 8 | 0 |
| 31 Mar 15 | 21 | 1 | 8 | 0 |
| 31 Dec 14 | 22 | 2 | 8 | 0 |
| 30 Sep 14 | 24 | -2 | 8 | 0 |
| 30 Jun 14 | 28 | 7 | 8 | 0 |
| 31 Mar 14 | 28 | 4 | 0 | 0 |
| 31 Dec 13 | 27 | 5 | 8 | 0 |
| 30 Sep 13 | 28 | 6 | 7 | 0 |
| 30 Jun 13 | 29 | 7 | 7 | 0 |
| 31 Mar 13 | 29 | 8 | 13 | 0 |
Quality Earnings: PEC has high quality earnings.
Growing Profit Margin: PEC's current net profit margins (51.8%) are higher than last year (34.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PEC's earnings have grown by 8.5% per year over the past 5 years.
Accelerating Growth: PEC's earnings growth over the past year (51.9%) exceeds its 5-year average (8.5% per year).
Earnings vs Industry: PEC earnings growth over the past year (51.9%) exceeded the Renewable Energy industry 13.1%.
Return on Equity
High ROE: PEC's Return on Equity (15.8%) is considered low.