Earth Tech Environment Past Earnings Performance
Past criteria checks 1/6
Earth Tech Environment's earnings have been declining at an average annual rate of -3.4%, while the Renewable Energy industry saw earnings growing at 0.8% annually. Revenues have been growing at an average rate of 13.9% per year. Earth Tech Environment's return on equity is 1.2%, and it has net margins of 4.4%.
Key information
-3.4%
Earnings growth rate
-9.1%
EPS growth rate
| Renewable Energy Industry Growth | 6.6% |
| Revenue growth rate | 13.9% |
| Return on equity | 1.2% |
| Net Margin | 4.4% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Earth Tech Environment 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 | 708 | 31 | 113 | 0 |
| 30 Sep 23 | 699 | -4 | 136 | 0 |
| 30 Jun 23 | 704 | 27 | 130 | 0 |
| 31 Mar 23 | 738 | 85 | 121 | 0 |
| 31 Dec 22 | 738 | 131 | 114 | 0 |
| 30 Sep 22 | 747 | 180 | 107 | 0 |
| 30 Jun 22 | 738 | 191 | 106 | 0 |
| 31 Mar 22 | 734 | 190 | 100 | 0 |
| 31 Dec 21 | 730 | 187 | 100 | 0 |
| 30 Sep 21 | 725 | 225 | 72 | 0 |
| 30 Jun 21 | 722 | 221 | 70 | 0 |
| 31 Mar 21 | 708 | 216 | 69 | 0 |
| 31 Dec 20 | 671 | 194 | 78 | 0 |
| 30 Sep 20 | 593 | 134 | 93 | 0 |
| 30 Jun 20 | 512 | 103 | 93 | 0 |
| 31 Mar 20 | 422 | 67 | 98 | 0 |
| 31 Dec 19 | 362 | 58 | 83 | 0 |
| 30 Sep 19 | 336 | 66 | 74 | 0 |
| 31 Dec 18 | 325 | 67 | 72 | 0 |
| 31 Dec 17 | 184 | -2 | 65 | 0 |
| 31 Dec 16 | 1 | -28 | 27 | 0 |
| 31 Dec 15 | 2 | -21 | 22 | 0 |
Quality Earnings: ETC has high quality earnings.
Growing Profit Margin: ETC's current net profit margins (4.4%) are lower than last year (17.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ETC's earnings have declined by 3.4% per year over the past 5 years.
Accelerating Growth: ETC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ETC had negative earnings growth (-76.4%) over the past year, making it difficult to compare to the Renewable Energy industry average (-10.6%).
Return on Equity
High ROE: ETC's Return on Equity (1.2%) is considered low.