Tanzania Breweries Past Earnings Performance
Past criteria checks 2/6
Tanzania Breweries has been growing earnings at an average annual rate of 1.8%, while the Beverage industry saw earnings growing at 9.9% annually. Revenues have been growing at an average rate of 3.8% per year. Tanzania Breweries's return on equity is 16.3%, and it has net margins of 14%.
Key information
1.8%
Earnings growth rate
2.0%
EPS growth rate
| Beverage Industry Growth | 11.1% |
| Revenue growth rate | 3.8% |
| Return on equity | 16.3% |
| Net Margin | 14.0% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Tanzania Breweries 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 | 921,009 | 128,790 | 191,072 | 0 |
| 30 Jun 23 | 896,844 | 151,237 | 237,153 | 0 |
| 31 Mar 23 | 855,874 | 140,343 | 241,230 | 0 |
| 31 Dec 22 | 840,711 | 143,605 | 213,219 | 0 |
| 31 Dec 21 | 748,919 | 129,085 | 185,825 | 0 |
| 31 Dec 20 | 706,245 | 79,806 | 192,301 | 0 |
| 30 Sep 20 | 707,237 | 97,821 | 184,991 | 0 |
| 30 Jun 20 | 708,229 | 115,836 | 177,681 | 0 |
| 31 Mar 20 | 730,462 | 129,748 | 173,314 | 0 |
| 31 Dec 19 | 752,694 | 143,660 | 168,946 | 0 |
| 30 Sep 19 | 761,677 | 139,546 | 170,203 | 0 |
| 30 Jun 19 | 770,659 | 135,431 | 171,459 | 0 |
| 31 Mar 19 | 777,646 | 130,939 | 177,162 | 0 |
| 31 Dec 18 | 784,633 | 126,446 | 182,865 | 0 |
| 31 Dec 17 | 865,940 | 74,623 | 256,684 | 0 |
| 30 Sep 17 | 868,790 | 167,751 | 198,487 | 0 |
| 30 Jun 17 | 838,817 | 166,603 | 201,452 | 0 |
| 31 Mar 17 | 808,844 | 165,454 | 204,416 | 0 |
| 31 Dec 16 | 820,926 | 185,764 | 199,077 | 0 |
| 30 Sep 16 | 833,007 | 206,074 | 193,738 | 0 |
| 30 Jun 16 | 851,154 | 214,491 | 198,053 | 0 |
| 31 Mar 16 | 869,301 | 222,908 | 202,368 | 0 |
| 31 Dec 15 | 866,152 | 220,155 | 205,250 | 0 |
| 30 Sep 15 | 863,002 | 217,401 | 208,132 | 0 |
| 30 Jun 15 | 846,388 | 212,419 | 209,142 | 0 |
| 31 Mar 15 | 829,774 | 207,436 | 210,151 | 0 |
| 31 Dec 14 | 822,696 | 209,425 | 207,197 | 0 |
| 30 Sep 14 | 815,618 | 211,414 | 204,242 | 0 |
| 30 Jun 14 | 797,240 | 203,932 | 204,255 | 0 |
| 31 Mar 14 | 778,862 | 196,450 | 204,267 | 0 |
| 31 Dec 13 | 764,352 | 185,399 | 198,992 | 0 |
Quality Earnings: TBL has high quality earnings.
Growing Profit Margin: TBL's current net profit margins (14%) are lower than last year (17.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TBL's earnings have grown by 1.8% per year over the past 5 years.
Accelerating Growth: TBL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TBL had negative earnings growth (-10.3%) over the past year, making it difficult to compare to the Beverage industry average (23.3%).
Return on Equity
High ROE: TBL's Return on Equity (16.3%) is considered low.