First Milling Past Earnings Performance
Past criteria checks 5/6
First Milling has been growing earnings at an average annual rate of 8.2%, while the Food industry saw earnings growing at 16.4% annually. Revenues have been growing at an average rate of 9% per year. First Milling's return on equity is 27.6%, and it has net margins of 23.6%.
Key information
8.2%
Earnings growth rate
-156.8%
EPS growth rate
| Food Industry Growth | 11.7% |
| Revenue growth rate | 9.0% |
| Return on equity | 27.6% |
| Net Margin | 23.6% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Revenue & Expenses Breakdown
How First Milling 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 | 1,027 | 242 | 133 | 0 |
| 30 Jun 24 | 1,014 | 235 | 129 | 0 |
| 31 Mar 24 | 985 | 224 | 129 | 0 |
| 31 Dec 23 | 964 | 220 | 127 | 0 |
| 30 Sep 23 | 944 | 183 | 147 | 0 |
| 30 Jun 23 | 934 | 192 | 146 | 0 |
| 31 Mar 23 | 927 | 219 | 138 | 0 |
| 31 Dec 22 | 914 | 217 | 142 | 0 |
| 30 Sep 22 | 923 | 255 | 127 | 0 |
| 31 Dec 21 | 801 | 198 | 111 | 0 |
| 31 Dec 20 | 716 | 191 | 59 | 0 |
| 31 Dec 19 | 644 | 126 | 67 | 0 |
| 31 Dec 18 | 581 | 104 | 56 | 0 |
Quality Earnings: 2283 has high quality earnings.
Growing Profit Margin: 2283's current net profit margins (23.6%) are higher than last year (19.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 2283's earnings have grown by 8.2% per year over the past 5 years.
Accelerating Growth: 2283's earnings growth over the past year (32.3%) exceeds its 5-year average (8.2% per year).
Earnings vs Industry: 2283 earnings growth over the past year (32.3%) exceeded the Food industry 25.1%.
Return on Equity
High ROE: Whilst 2283's Return on Equity (27.6%) is high, this metric is skewed due to their high level of debt.