Globe Industries Past Earnings Performance
Past criteria checks 5/6
Globe Industries has been growing earnings at an average annual rate of 45%, while the Commercial Services industry saw earnings growing at 13% annually. Revenues have been declining at an average rate of 4.3% per year. Globe Industries's return on equity is 4.1%, and it has net margins of 4.3%.
Key information
45.0%
Earnings growth rate
44.9%
EPS growth rate
| Commercial Services Industry Growth | 7.7% |
| Revenue growth rate | -4.3% |
| Return on equity | 4.1% |
| Net Margin | 4.3% |
| Next Earnings Update | 08 May 2024 |
Revenue & Expenses BreakdownBeta
How Globe Industries 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 | 921 | 39 | 142 | 15 |
| 30 Sep 23 | 942 | 43 | 140 | 14 |
| 30 Jun 23 | 928 | 24 | 135 | 15 |
| 31 Mar 23 | 958 | 14 | 135 | 14 |
| 31 Dec 22 | 983 | 5 | 138 | 15 |
| 30 Sep 22 | 1,020 | 3 | 135 | 15 |
| 30 Jun 22 | 1,075 | 0 | 140 | 15 |
| 31 Mar 22 | 1,081 | 1 | 139 | 16 |
| 31 Dec 21 | 1,077 | 1 | 139 | 16 |
| 30 Sep 21 | 1,044 | -2 | 115 | 18 |
| 30 Jun 21 | 1,028 | 5 | 115 | 19 |
| 31 Mar 21 | 1,011 | 5 | 119 | 21 |
| 31 Dec 20 | 1,042 | 16 | 121 | 23 |
| 30 Sep 20 | 1,074 | 17 | 146 | 23 |
| 30 Jun 20 | 1,085 | 10 | 148 | 23 |
| 31 Mar 20 | 1,128 | 15 | 150 | 24 |
| 31 Dec 19 | 1,136 | 3 | 152 | 24 |
| 30 Sep 19 | 1,147 | -4 | 153 | 24 |
| 30 Jun 19 | 1,154 | 1 | 154 | 23 |
| 31 Mar 19 | 1,167 | 3 | 155 | 23 |
| 31 Dec 18 | 1,137 | 1 | 155 | 22 |
| 30 Sep 18 | 1,188 | 5 | 165 | 23 |
| 30 Jun 18 | 1,217 | -1 | 171 | 23 |
| 31 Mar 18 | 1,202 | -22 | 181 | 24 |
| 31 Dec 17 | 1,227 | 60 | 179 | 24 |
| 30 Sep 17 | 1,213 | 75 | 180 | 24 |
| 30 Jun 17 | 1,200 | 88 | 178 | 25 |
| 31 Mar 17 | 1,238 | 124 | 172 | 24 |
| 31 Dec 16 | 1,236 | 65 | 178 | 24 |
| 30 Sep 16 | 1,213 | 64 | 175 | 24 |
| 30 Jun 16 | 1,243 | 75 | 175 | 24 |
| 31 Mar 16 | 1,242 | 68 | 173 | 24 |
| 31 Dec 15 | 1,274 | 58 | 170 | 24 |
| 30 Sep 15 | 1,322 | 50 | 168 | 24 |
| 30 Jun 15 | 1,365 | 40 | 168 | 24 |
| 31 Mar 15 | 1,387 | 35 | 169 | 25 |
| 31 Dec 14 | 1,447 | 43 | 171 | 24 |
| 30 Sep 14 | 1,496 | 45 | 178 | 24 |
| 30 Jun 14 | 1,469 | 42 | 171 | 23 |
| 31 Mar 14 | 1,478 | 45 | 169 | 24 |
| 31 Dec 13 | 1,488 | 44 | 167 | 24 |
| 30 Sep 13 | 1,449 | 49 | 162 | 23 |
| 30 Jun 13 | 1,478 | 57 | 166 | 25 |
Quality Earnings: 1324 has high quality earnings.
Growing Profit Margin: 1324's current net profit margins (4.3%) are higher than last year (0.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1324's earnings have grown significantly by 45% per year over the past 5 years.
Accelerating Growth: 1324's earnings growth over the past year (721.5%) exceeds its 5-year average (45% per year).
Earnings vs Industry: 1324 earnings growth over the past year (721.5%) exceeded the Commercial Services industry -1.8%.
Return on Equity
High ROE: 1324's Return on Equity (4.1%) is considered low.