Spec Products Past Earnings Performance
Past criteria checks 1/6
Spec Products has been growing earnings at an average annual rate of 33.9%, while the Machinery industry saw earnings growing at 10% annually. Revenues have been growing at an average rate of 8.5% per year. Spec Products's return on equity is 17.7%, and it has net margins of 9.2%.
Key information
33.9%
Earnings growth rate
33.8%
EPS growth rate
Machinery Industry Growth | 10.0% |
Revenue growth rate | 8.5% |
Return on equity | 17.7% |
Net Margin | 9.2% |
Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
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 |
---|---|---|---|---|
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 (9.2%) are lower than last year (9.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if 7718's year-on-year earnings growth rate was positive 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 (-23.6%) over the past year, making it difficult to compare to the Machinery industry average (-2.8%).
Return on Equity
High ROE: 7718's Return on Equity (17.7%) is considered low.