Arabian Drilling Past Earnings Performance
Past criteria checks 2/6
Arabian Drilling has been growing earnings at an average annual rate of 18.6%, while the Energy Services industry saw earnings growing at 17.2% annually. Revenues have been growing at an average rate of 26.2% per year. Arabian Drilling's return on equity is 8.3%, and it has net margins of 12.8%.
Key information
18.6%
Earnings growth rate
-65.6%
EPS growth rate
| Energy Services Industry Growth | 23.3% |
| Revenue growth rate | 26.2% |
| Return on equity | 8.3% |
| Net Margin | 12.8% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Some Investors May Be Willing To Look Past Arabian Drilling's (TADAWUL:2381) Soft Earnings
Aug 13
Arabian Drilling Company (TADAWUL:2381) Consensus Forecasts Have Become A Little Darker Since Its Latest Report
Aug 10Slowing Rates Of Return At Arabian Drilling (TADAWUL:2381) Leave Little Room For Excitement
Jun 19Results: Arabian Drilling Company Exceeded Expectations And The Consensus Has Updated Its Estimates
Mar 22Returns 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 Breakdown
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 |
|---|---|---|---|---|
| 30 Jun 24 | 3,813 | 489 | 205 | 0 |
| 31 Mar 24 | 3,664 | 609 | 205 | 0 |
| 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 (12.8%) are lower than last year (20.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2381's earnings have grown by 18.6% per year over the past 5 years.
Accelerating Growth: 2381's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 2381 had negative earnings growth (-22.6%) over the past year, making it difficult to compare to the Energy Services industry average (23.2%).
Return on Equity
High ROE: 2381's Return on Equity (8.3%) is considered low.