Plains Acquisition Past Earnings Performance
Past criteria checks 3/6
Plains Acquisition has been growing earnings at an average annual rate of 35.5%, while the Banks industry saw earnings growing at 9.6% annually. Revenues have been growing at an average rate of 17.7% per year. Plains Acquisition's return on equity is 17.1%, and it has net margins of 42.4%.
Key information
35.5%
Earnings growth rate
34.8%
EPS growth rate
Banks Industry Growth | 11.2% |
Revenue growth rate | 17.7% |
Return on equity | 17.1% |
Net Margin | 42.4% |
Last Earnings Update | 31 Dec 2022 |
Recent past performance updates
No updates
Recent updates
No updates
Revenue & Expenses BreakdownBeta
How Plains Acquisition 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 22 | 37 | 16 | 16 | 0 |
31 Dec 21 | 32 | 12 | 15 | 0 |
31 Dec 20 | 25 | 8 | 13 | 0 |
31 Dec 19 | 25 | 8 | 13 | 0 |
31 Dec 18 | 21 | 7 | 11 | 0 |
Quality Earnings: PLQC has high quality earnings.
Growing Profit Margin: PLQC's current net profit margins (42.4%) are higher than last year (36.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if PLQC's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare PLQC's past year earnings growth to its 5-year average.
Earnings vs Industry: PLQC earnings growth over the past year (35.5%) exceeded the Banks industry -13.7%.
Return on Equity
High ROE: PLQC's Return on Equity (17.1%) is considered low.