TMT Steel Past Earnings Performance
Past criteria checks 2/6
TMT Steel has been growing earnings at an average annual rate of 0.9%, while the Metals and Mining industry saw earnings growing at 20.1% annually. Revenues have been growing at an average rate of 6.9% per year. TMT Steel's return on equity is 6.2%, and it has net margins of 1.1%.
Key information
0.9%
Earnings growth rate
0.9%
EPS growth rate
| Metals and Mining Industry Growth | 15.5% |
| Revenue growth rate | 6.9% |
| Return on equity | 6.2% |
| Net Margin | 1.1% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How TMT Steel 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 Mar 24 | 19,529 | 211 | 785 | 0 |
| 31 Dec 23 | 19,992 | 333 | 797 | 0 |
| 30 Sep 23 | 20,323 | 356 | 764 | 0 |
| 30 Jun 23 | 20,659 | 191 | 708 | 0 |
| 31 Mar 23 | 21,400 | 320 | 696 | 0 |
| 31 Dec 22 | 22,188 | 242 | 651 | 0 |
| 30 Sep 22 | 22,956 | 367 | 623 | 0 |
| 30 Jun 22 | 23,169 | 794 | 659 | 0 |
| 31 Mar 22 | 22,707 | 1,234 | 690 | 0 |
| 31 Dec 21 | 21,559 | 1,530 | 724 | 0 |
| 30 Sep 21 | 19,697 | 1,543 | 710 | 0 |
| 30 Jun 21 | 17,818 | 1,357 | 690 | 0 |
| 31 Mar 21 | 16,144 | 838 | 607 | 0 |
| 31 Dec 20 | 14,576 | 538 | 583 | 0 |
| 30 Sep 20 | 14,548 | 385 | 586 | 0 |
| 30 Jun 20 | 14,967 | 256 | 571 | 0 |
| 31 Mar 20 | 15,582 | 277 | 599 | 0 |
| 31 Dec 19 | 16,483 | 230 | 555 | 0 |
| 30 Sep 19 | 16,909 | 273 | 553 | 0 |
| 30 Jun 19 | 17,291 | 326 | 550 | 0 |
| 31 Mar 19 | 17,412 | 340 | 534 | 0 |
| 31 Dec 18 | 17,370 | 406 | 534 | 0 |
| 30 Sep 18 | 16,952 | 485 | 520 | 0 |
| 30 Jun 18 | 15,993 | 613 | 503 | 0 |
| 31 Mar 18 | 15,043 | 528 | 480 | 0 |
| 31 Dec 17 | 14,320 | 641 | 487 | 0 |
| 30 Sep 17 | 13,627 | 703 | 436 | 0 |
| 30 Jun 17 | 13,317 | 641 | 428 | 0 |
| 31 Mar 17 | 12,977 | 887 | 469 | 0 |
| 31 Dec 16 | 12,465 | 912 | 457 | 0 |
| 30 Sep 16 | 12,081 | 771 | 505 | 0 |
| 30 Jun 16 | 11,644 | 709 | 495 | 0 |
| 31 Mar 16 | 11,583 | 530 | 453 | 0 |
| 31 Dec 15 | 11,569 | 321 | 436 | 0 |
| 30 Sep 15 | 11,713 | 308 | 409 | 0 |
| 30 Jun 15 | 11,897 | 307 | 403 | 0 |
| 31 Mar 15 | 11,954 | 270 | 405 | 0 |
| 31 Dec 14 | 12,251 | 334 | 416 | 0 |
| 30 Sep 14 | 12,771 | 356 | 447 | 0 |
| 30 Jun 14 | 13,184 | 357 | 463 | 0 |
| 31 Mar 14 | 13,327 | 353 | 454 | 0 |
| 31 Dec 13 | 13,055 | 440 | 464 | 0 |
| 30 Sep 13 | 12,509 | 499 | 464 | 0 |
Quality Earnings: TMT has high quality earnings.
Growing Profit Margin: TMT's current net profit margins (1.1%) are lower than last year (1.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TMT's earnings have grown by 0.9% per year over the past 5 years.
Accelerating Growth: TMT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TMT had negative earnings growth (-34.2%) over the past year, making it difficult to compare to the Metals and Mining industry average (-19.4%).
Return on Equity
High ROE: TMT's Return on Equity (6.2%) is considered low.