TPI Composites Past Earnings Performance
Past criteria checks 0/6
TPI Composites's earnings have been declining at an average annual rate of -44.4%, while the Electrical industry saw earnings growing at 16.4% annually. Revenues have been growing at an average rate of 2.5% per year.
Key information
-44.4%
Earnings growth rate
-40.9%
EPS growth rate
| Electrical Industry Growth | 9.9% |
| Revenue growth rate | 2.5% |
| Return on equity | n/a |
| Net Margin | -15.1% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
What Does TPI Composites, Inc.'s (NASDAQ:TPIC) Share Price Indicate?
May 29
Analysts 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 11Should You Think About Buying TPI Composites, Inc. (NASDAQ:TPIC) Now?
Sep 21We Think TPI Composites' (NASDAQ:TPIC) Profit Is Only A Baseline For What They Can Achieve
Aug 12TPI Composites: Lofty But Not Outrageous
Jul 27Revenue & 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 |
|---|---|---|---|---|
| 31 Mar 24 | 1,350 | -204 | 89 | 1 |
| 31 Dec 23 | 1,455 | -172 | 69 | 1 |
| 30 Sep 23 | 1,560 | -226 | 65 | 1 |
| 30 Jun 23 | 1,572 | -175 | 44 | 1 |
| 31 Mar 23 | 1,583 | -119 | 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 |
| 31 Dec 13 | 215 | -13 | 14 | 1 |
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 44.4% 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 (10.5%).
Return on Equity
High ROE: TPIC's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.