Arabian Drilling Past Earnings Performance
Past criteria checks 2/6
Arabian Drilling has been growing earnings at an average annual rate of 24.9%, while the Energy Services industry saw earnings growing at 11.4% annually. Revenues have been growing at an average rate of 5% per year. Arabian Drilling's return on equity is 10.1%, and it has net margins of 17.4%.
Key information
24.9%
Earnings growth rate
-26.5%
EPS growth rate
| Energy Services Industry Growth | 23.3% |
| Revenue growth rate | 5.0% |
| Return on equity | 10.1% |
| Net Margin | 17.4% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Results: Arabian Drilling Company Exceeded Expectations And The Consensus Has Updated Its Estimates
Mar 22
Returns On Capital At Arabian Drilling (TADAWUL:2381) Have Stalled
Feb 22Slowing Rates Of Return At Arabian Drilling (TADAWUL:2381) Leave Little Room For Excitement
Nov 08Analysts Are Updating Their Arabian Drilling Company (TADAWUL:2381) Estimates After Its Third-Quarter Results
Nov 08Does This Valuation Of Arabian Drilling Company (TADAWUL:2381) Imply Investors Are Overpaying?
Jul 18Pinning Down Arabian Drilling Company's (TADAWUL:2381) P/E Is Difficult Right Now
Feb 13Revenue & Expenses BreakdownBeta
How Arabian Drilling 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 | 3,477 | 605 | 182 | 0 |
| 30 Sep 23 | 3,240 | 559 | 205 | 0 |
| 30 Jun 23 | 3,022 | 632 | 189 | 0 |
| 31 Mar 23 | 2,884 | 606 | 178 | 0 |
| 31 Dec 22 | 2,704 | 558 | 180 | 0 |
| 30 Sep 22 | 2,549 | 539 | 134 | 0 |
| 31 Dec 21 | 2,199 | 274 | 112 | 0 |
| 31 Dec 20 | 2,533 | 294 | 124 | 0 |
| 31 Dec 19 | 2,814 | 230 | 156 | 0 |
| 31 Dec 18 | 2,454 | 93 | 126 | 0 |
Quality Earnings: 2381 has high quality earnings.
Growing Profit Margin: 2381's current net profit margins (17.4%) are lower than last year (20.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2381's earnings have grown significantly by 24.9% per year over the past 5 years.
Accelerating Growth: 2381's earnings growth over the past year (8.4%) is below its 5-year average (24.9% per year).
Earnings vs Industry: 2381 earnings growth over the past year (8.4%) did not outperform the Energy Services industry 16.2%.
Return on Equity
High ROE: 2381's Return on Equity (10.1%) is considered low.