MERLIN Properties SOCIMI Past Earnings Performance
Past criteria checks 1/6
MERLIN Properties SOCIMI's earnings have been declining at an average annual rate of -40.3%, while the REITs industry saw earnings growing at 11.1% annually. Revenues have been declining at an average rate of 0.8% per year. MERLIN Properties SOCIMI's return on equity is 1.7%, and it has net margins of 26.3%.
Key information
-40.3%
Earnings growth rate
-40.7%
EPS growth rate
| REITs Industry Growth | 12.2% |
| Revenue growth rate | -0.8% |
| Return on equity | 1.7% |
| Net Margin | 26.3% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How MERLIN Properties SOCIMI 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 Sep 24 | 492 | 129 | 37 | 0 |
| 30 Jun 24 | 480 | 97 | 35 | 0 |
| 31 Mar 24 | 505 | -83 | 31 | 0 |
| 31 Dec 23 | 505 | -83 | 35 | 0 |
| 30 Sep 23 | 505 | -291 | 39 | 0 |
| 30 Jun 23 | 503 | -276 | 40 | 0 |
| 31 Mar 23 | 472 | 33 | 41 | 0 |
| 31 Dec 22 | 463 | 41 | 40 | 0 |
| 30 Sep 22 | 534 | 675 | 42 | 0 |
| 30 Jun 22 | 454 | 528 | 40 | 0 |
| 31 Mar 22 | 512 | 550 | 41 | 0 |
| 31 Dec 21 | 417 | 395 | 41 | 0 |
| 30 Sep 21 | 462 | 199 | 41 | 0 |
| 30 Jun 21 | 421 | 123 | 41 | 0 |
| 31 Mar 21 | 438 | 73 | 38 | 0 |
| 31 Dec 20 | 443 | 56 | 42 | 0 |
| 30 Sep 20 | 499 | 359 | 52 | 0 |
| 30 Jun 20 | 484 | 373 | 60 | 0 |
| 31 Mar 20 | 521 | 542 | 74 | 0 |
| 31 Dec 19 | 525 | 564 | 77 | 0 |
| 30 Sep 19 | 602 | 666 | 77 | 0 |
| 30 Jun 19 | 533 | 637 | 76 | 0 |
| 31 Mar 19 | 612 | 801 | 73 | 0 |
| 31 Dec 18 | 600 | 855 | 74 | 0 |
| 30 Sep 18 | 515 | 1,107 | 68 | 0 |
| 30 Jun 18 | 562 | 1,159 | 69 | 0 |
| 31 Mar 18 | 450 | 1,148 | 77 | 0 |
| 31 Dec 17 | 480 | 1,100 | 72 | 0 |
| 30 Sep 17 | 486 | 803 | 94 | 0 |
| 30 Jun 17 | 438 | 793 | 76 | 0 |
| 31 Mar 17 | 392 | 604 | 54 | 0 |
| 31 Dec 16 | 353 | 583 | 44 | 0 |
| 30 Sep 16 | 309 | 434 | 19 | 0 |
| 30 Jun 16 | 308 | 141 | 18 | 0 |
| 31 Mar 16 | 262 | 75 | 19 | 0 |
| 31 Dec 15 | 215 | 49 | 16 | 0 |
| 30 Sep 15 | 186 | -93 | 37 | 0 |
| 31 Dec 14 | 75 | 66 | 4 | 0 |
Quality Earnings: MRL has a large one-off loss of €128.5M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: MRL became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MRL's earnings have declined by 40.3% per year over the past 5 years.
Accelerating Growth: MRL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MRL has become profitable in the last year, making it difficult to compare its past year earnings growth to the REITs industry (7.5%).
Return on Equity
High ROE: MRL's Return on Equity (1.7%) is considered low.