Spec Products Past Earnings Performance
Past criteria checks 3/6
Spec Products has been growing earnings at an average annual rate of 22.2%, while the Machinery industry saw earnings growing at 11% annually. Revenues have been declining at an average rate of 5.1% per year. Spec Products's return on equity is 17.6%, and it has net margins of 9.4%.
Key information
22.2%
Earnings growth rate
20.6%
EPS growth rate
| Machinery Industry Growth | 10.0% |
| Revenue growth rate | -5.1% |
| Return on equity | 17.6% |
| Net Margin | 9.4% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Spec Products 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 | 2,386 | 223 | 237 | 14 |
| 30 Jun 24 | 2,286 | 236 | 231 | 13 |
| 31 Mar 24 | 2,285 | 223 | 224 | 12 |
| 31 Dec 23 | 2,285 | 209 | 217 | 12 |
| 30 Sep 23 | 2,446 | 229 | 231 | 11 |
| 30 Jun 23 | 2,608 | 248 | 244 | 10 |
| 31 Mar 23 | 2,725 | 261 | 246 | 8 |
| 31 Dec 22 | 2,843 | 274 | 249 | 6 |
| 31 Dec 21 | 2,425 | 112 | 212 | 4 |
| 31 Dec 20 | 1,744 | 50 | 173 | 5 |
Quality Earnings: 7718 has high quality earnings.
Growing Profit Margin: 7718's current net profit margins (9.4%) are higher than last year (9.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 7718's earnings have grown significantly by 22.2% per year over the past 5 years.
Accelerating Growth: 7718's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 7718 had negative earnings growth (-2.4%) over the past year, making it difficult to compare to the Machinery industry average (9.7%).
Return on Equity
High ROE: 7718's Return on Equity (17.6%) is considered low.