Nextracker Past Earnings Performance
Past criteria checks 5/6
Nextracker's earnings have been declining at an average annual rate of -11.4%, while the Electrical industry saw earnings growing at 16.5% annually. Revenues have been growing at an average rate of 20.4% per year. Nextracker's return on equity is 40%, and it has net margins of 4.5%.
Key information
-11.4%
Earnings growth rate
1,202.9%
EPS growth rate
| Electrical Industry Growth | 9.9% |
| Revenue growth rate | 20.4% |
| Return on equity | 40.0% |
| Net Margin | 4.5% |
| Next Earnings Update | 14 May 2024 |
Recent past performance updates
Recent updates
Are Investors Undervaluing Nextracker Inc. (NASDAQ:NXT) By 42%?
May 05
These 4 Measures Indicate That Nextracker (NASDAQ:NXT) Is Using Debt Safely
Apr 13Nextracker: Multiple Drivers To Aim For A Prosperous Future
Apr 11There's Reason For Concern Over Nextracker Inc.'s (NASDAQ:NXT) Price
Mar 01Nextracker's (NASDAQ:NXT) Performance Is Even Better Than Its Earnings Suggest
Feb 07Nextracker: Q3 Earnings, The 'Skeletal System' For Solar Power
Feb 03A Look At The Fair Value Of Nextracker Inc. (NASDAQ:NXT)
Jan 19Nextracker Inc.: Riding The Solar Power Tide While Growing Profitably
Jan 14A Look At The Fair Value Of Nextracker Inc. (NASDAQ:NXT)
Oct 03Revenue & Expenses BreakdownBeta
How Nextracker 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 | 2,282 | 102 | 167 | 38 |
| 29 Sep 23 | 2,085 | 61 | 141 | 26 |
| 30 Jun 23 | 1,978 | 22 | 113 | 23 |
| 31 Mar 23 | 1,902 | 1 | 95 | 22 |
| 31 Dec 22 | 1,824 | 6 | 70 | 17 |
| 30 Sep 22 | 1,648 | 18 | 65 | 16 |
| 01 Jul 22 | 1,519 | 34 | 57 | 15 |
| 31 Mar 22 | 1,458 | 51 | 54 | 14 |
| 31 Dec 21 | 1,323 | 78 | 53 | 14 |
| 01 Oct 21 | 1,290 | 98 | 55 | 14 |
| 02 Jul 21 | 1,241 | 114 | 58 | 14 |
| 31 Mar 21 | 1,196 | 124 | 60 | 13 |
| 31 Mar 20 | 1,171 | 118 | 55 | 9 |
| 31 Mar 19 | 661 | -2 | 47 | 9 |
Quality Earnings: NXT has high quality earnings.
Growing Profit Margin: NXT's current net profit margins (4.5%) are higher than last year (0.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NXT's earnings have declined by 11.4% per year over the past 5 years.
Accelerating Growth: NXT's earnings growth over the past year (1664.3%) exceeds its 5-year average (-11.4% per year).
Earnings vs Industry: NXT earnings growth over the past year (1664.3%) exceeded the Electrical industry 5.2%.
Return on Equity
High ROE: NXT's Return on Equity (40%) is considered high.