TPI Composites Past Earnings Performance
Past criteria checks 0/6
TPI Composites's earnings have been declining at an average annual rate of -36.8%, while the Electrical industry saw earnings growing at 16.2% annually. Revenues have been declining at an average rate of 1.5% per year.
Key information
-36.8%
Earnings growth rate
-32.6%
EPS growth rate
| Electrical Industry Growth | 9.9% |
| Revenue growth rate | -1.5% |
| Return on equity | n/a |
| Net Margin | -14.7% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
TPI Composites: High Potential Return Undermined By Multiple Risks
Oct 17TPI Composites, Inc. (NASDAQ:TPIC) Soars 25% But It's A Story Of Risk Vs Reward
Oct 09
TPI Composites, Inc. (NASDAQ:TPIC) Not Doing Enough For Some Investors As Its Shares Slump 27%
Jun 30TPI Composites Could Be A Bad Idea
Jun 30What Does TPI Composites, Inc.'s (NASDAQ:TPIC) Share Price Indicate?
May 29Analysts Have Made A Financial Statement On TPI Composites, Inc.'s (NASDAQ:TPIC) First-Quarter Report
May 05Improved Revenues Required Before TPI Composites, Inc. (NASDAQ:TPIC) Stock's 33% Jump Looks Justified
May 03TPI Composites: Turnaround Is In Sight (Rating Upgrade)
Feb 26TPI Composites, Inc. (NASDAQ:TPIC) Consensus Forecasts Have Become A Little Darker Since Its Latest Report
Feb 25TPI Composites, Inc. (NASDAQ:TPIC) Surges 80% Yet Its Low P/S Is No Reason For Excitement
Dec 23TPI Composites, Inc. (NASDAQ:TPIC) Analysts Just Slashed Next Year's Estimates
Nov 10Would TPI Composites (NASDAQ:TPIC) Be Better Off With Less Debt?
Aug 21Is TPI Composites (NASDAQ:TPIC) Using Too Much Debt?
Jan 12TPI Composites: Massive Incoming Revenue And Cash Flow
Sep 16Is TPI Composites (NASDAQ:TPIC) Weighed On By Its Debt Load?
Aug 03TPI Composites - Down But Not Out
May 23Circling Back On TPI Composites
Apr 17What Is TPI Composites, Inc.'s (NASDAQ:TPIC) Share Price Doing?
Feb 23TPI Composites : Good Play In Wind Energy, Despite Operational Challenges
Dec 15TPI Composites (NASDAQ:TPIC) Use Of Debt Could Be Considered Risky
Nov 22TPI Composites: Still Missing A Strong Tailwind
Nov 17TPI Composites (NASDAQ:TPIC) Might Be Having Difficulty Using Its Capital Effectively
Oct 11Revenue & Expenses Breakdown
How TPI Composites 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 |
|---|---|---|---|---|
| 30 Sep 24 | 1,302 | -191 | 110 | 1 |
| 30 Jun 24 | 1,291 | -195 | 111 | 1 |
| 31 Mar 24 | 1,355 | -208 | 91 | 1 |
| 31 Dec 23 | 1,455 | -172 | 69 | 1 |
| 30 Sep 23 | 1,540 | -184 | 45 | 1 |
| 30 Jun 23 | 1,555 | -163 | 44 | 1 |
| 31 Mar 23 | 1,573 | -114 | 48 | 1 |
| 31 Dec 22 | 1,523 | -114 | 57 | 1 |
| 30 Sep 22 | 1,250 | -162 | 61 | 1 |
| 30 Jun 22 | 1,345 | -171 | 71 | 1 |
| 31 Mar 22 | 1,411 | -186 | 74 | 1 |
| 31 Dec 21 | 1,472 | -162 | 79 | 1 |
| 30 Sep 21 | 1,809 | -67 | 83 | 1 |
| 30 Jun 21 | 1,803 | 6 | 78 | 1 |
| 31 Mar 21 | 1,718 | -20 | 79 | 1 |
| 31 Dec 20 | 1,143 | -85 | 75 | 1 |
| 30 Sep 20 | 1,627 | -25 | 73 | 1 |
| 30 Jun 20 | 1,536 | -72 | 89 | 1 |
| 31 Mar 20 | 1,493 | -4 | 103 | 1 |
| 31 Dec 19 | 1,437 | -16 | 107 | 1 |
| 30 Sep 19 | 1,304 | -24 | 124 | 0 |
| 30 Jun 19 | 1,176 | -10 | 121 | 1 |
| 31 Mar 19 | 1,075 | -15 | 118 | 1 |
| 31 Dec 18 | 1,030 | 5 | 110 | 8 |
| 30 Sep 18 | 993 | 16 | 108 | 1 |
| 30 Jun 18 | 992 | 29 | 98 | 1 |
| 31 Mar 18 | 1,001 | 42 | 91 | 2 |
| 31 Dec 17 | 955 | 39 | 79 | 2 |
| 30 Sep 17 | 887 | 34 | 72 | 2 |
| 30 Jun 17 | 833 | 15 | 70 | 2 |
| 31 Mar 17 | 787 | 14 | 57 | 2 |
| 31 Dec 16 | 769 | 22 | 51 | 2 |
| 30 Sep 16 | 748 | 20 | 39 | 1 |
| 30 Jun 16 | 711 | 13 | 27 | 1 |
| 31 Mar 16 | 666 | 6 | 30 | 1 |
| 31 Dec 15 | 586 | -2 | 29 | 1 |
| 30 Sep 15 | 511 | -13 | 35 | 1 |
| 31 Mar 15 | 355 | -22 | 30 | 1 |
| 31 Dec 14 | 321 | -21 | 25 | 1 |
| 30 Sep 14 | 284 | -15 | 19 | 0 |
Quality Earnings: TPIC is currently unprofitable.
Growing Profit Margin: TPIC is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TPIC is unprofitable, and losses have increased over the past 5 years at a rate of 36.8% per year.
Accelerating Growth: Unable to compare TPIC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TPIC is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (5.1%).
Return on Equity
High ROE: TPIC's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 16:59 |
| End of Day Share Price | 2025/01/08 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
TPI Composites, Inc. is covered by 19 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jonathan Windham | Barclays |
| Julien Dumoulin-Smith | BofA Global Research |
| Dimple Gosai | BofA Global Research |