Harn Engineering Solutions Past Earnings Performance
Past criteria checks 4/6
Harn Engineering Solutions's earnings have been declining at an average annual rate of -11.2%, while the Trade Distributors industry saw earnings growing at 2.2% annually. Revenues have been declining at an average rate of 2.4% per year. Harn Engineering Solutions's return on equity is 8.2%, and it has net margins of 8.6%.
Key information
-11.2%
Earnings growth rate
-11.2%
EPS growth rate
| Trade Distributors Industry Growth | 5.8% |
| Revenue growth rate | -2.4% |
| Return on equity | 8.2% |
| Net Margin | 8.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Harn Engineering Solutions 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 | 1,326 | 114 | 273 | 0 |
| 30 Sep 23 | 1,301 | 105 | 264 | 0 |
| 30 Jun 23 | 1,291 | 104 | 261 | 0 |
| 31 Mar 23 | 1,260 | 96 | 258 | 0 |
| 31 Dec 22 | 1,242 | 89 | 255 | 0 |
| 30 Sep 22 | 1,206 | 89 | 246 | 0 |
| 30 Jun 22 | 1,115 | 71 | 244 | 0 |
| 31 Mar 22 | 1,074 | 66 | 243 | 0 |
| 31 Dec 21 | 1,046 | 72 | 240 | 0 |
| 30 Sep 21 | 1,046 | 69 | 245 | 0 |
| 30 Jun 21 | 1,095 | 77 | 245 | 0 |
| 31 Mar 21 | 1,129 | 86 | 245 | 0 |
| 31 Dec 20 | 1,171 | 98 | 248 | 0 |
| 30 Sep 20 | 1,272 | 125 | 252 | 0 |
| 30 Jun 20 | 1,311 | 143 | 252 | 0 |
| 31 Mar 20 | 1,365 | 152 | 259 | 0 |
| 31 Dec 19 | 1,393 | 150 | 258 | 0 |
| 30 Sep 19 | 1,354 | 140 | 259 | 0 |
| 30 Jun 19 | 1,373 | 140 | 257 | 0 |
| 31 Mar 19 | 1,380 | 138 | 259 | 0 |
| 31 Dec 18 | 1,356 | 134 | 257 | 0 |
| 30 Sep 18 | 1,345 | 138 | 263 | 0 |
| 30 Jun 18 | 1,345 | 135 | 262 | 0 |
| 31 Mar 18 | 1,318 | 132 | 249 | 0 |
| 31 Dec 17 | 1,301 | 130 | 242 | 0 |
| 30 Sep 17 | 1,167 | 103 | 213 | 0 |
| 30 Jun 17 | 999 | 82 | 183 | 0 |
| 31 Mar 17 | 794 | 53 | 155 | 0 |
| 31 Dec 16 | 663 | 41 | 124 | 0 |
| 30 Sep 16 | 618 | 40 | 106 | 0 |
| 30 Jun 16 | 589 | 36 | 103 | 0 |
| 31 Mar 16 | 609 | 49 | 101 | 0 |
| 31 Dec 15 | 568 | 46 | 101 | 0 |
| 30 Sep 15 | 575 | 49 | 102 | 0 |
| 30 Jun 15 | 573 | 56 | 97 | 0 |
| 31 Mar 15 | 557 | 55 | 87 | 0 |
| 31 Dec 14 | 572 | 61 | 84 | 0 |
| 30 Sep 14 | 573 | 63 | 81 | 0 |
| 30 Jun 14 | 552 | 63 | 76 | 0 |
| 31 Mar 14 | 534 | 62 | 74 | 0 |
| 31 Dec 13 | 519 | 61 | 74 | 0 |
Quality Earnings: HARN has high quality earnings.
Growing Profit Margin: HARN's current net profit margins (8.6%) are higher than last year (7.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: HARN's earnings have declined by 11.2% per year over the past 5 years.
Accelerating Growth: HARN's earnings growth over the past year (28.4%) exceeds its 5-year average (-11.2% per year).
Earnings vs Industry: HARN earnings growth over the past year (28.4%) exceeded the Trade Distributors industry 5%.
Return on Equity
High ROE: HARN's Return on Equity (8.2%) is considered low.