This company has been acquired
Aerojet Rocketdyne Holdings Past Earnings Performance
Past criteria checks 1/6
Aerojet Rocketdyne Holdings has been growing earnings at an average annual rate of 6.4%, while the Aerospace & Defense industry saw earnings growing at 6.1% annually. Revenues have been growing at an average rate of 3.6% per year. Aerojet Rocketdyne Holdings's return on equity is 13.1%, and it has net margins of 3.2%.
Key information
6.4%
Earnings growth rate
5.2%
EPS growth rate
| Aerospace & Defense Industry Growth | 5.4% |
| Revenue growth rate | 3.6% |
| Return on equity | 13.1% |
| Net Margin | 3.2% |
| Last Earnings Update | 31 Mar 2023 |
Recent past performance updates
Recent updates
The Aerojet Rocketdyne Lesson: Eyes On Facts And Opportunity
Jul 31Aerojet Rocketdyne Stock: Time To Sell?
Feb 24L3Harris close to deal to buy Aerojet Rocketdyne for $4.7B - report
Dec 17Aerojet Rocketdyne gets $98.5M contract to produce motors, sleds for new rockets
Dec 08Aerojet Rocketdyne Q3 2022 Earnings Preview
Oct 31Aerojet Rocketdyne selected to power Navy’s CRAW Torpedo
Oct 24Aerojet Rocketdyne gains on report of talks with strategic buyers
Aug 23Elliott Management takes new stakes in Aerojet, Pinterest, PayPal; exits Twitter
Aug 15Aerojet Ordnance Tennessee wins contract for additional M67 body assemblies
Aug 08Aerojet Rocketdyne Q2 2022 Earnings Preview
Jul 29Aerojet Rocketdyne to redeem all outstanding 2.25% convertible senior notes
Jul 15Revenue & Expenses Breakdown
How Aerojet Rocketdyne Holdings 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 23 | 2,293 | 74 | 57 | 0 |
| 31 Dec 22 | 2,238 | 74 | 58 | 0 |
| 30 Sep 22 | 2,179 | 96 | 51 | 0 |
| 30 Jun 22 | 2,175 | 124 | 59 | 0 |
| 31 Mar 22 | 2,203 | 155 | 71 | 0 |
| 31 Dec 21 | 2,188 | 146 | 80 | 0 |
| 30 Sep 21 | 2,155 | 140 | 88 | 0 |
| 30 Jun 21 | 2,137 | 129 | 94 | 0 |
| 31 Mar 21 | 2,093 | 123 | 92 | 0 |
| 31 Dec 20 | 2,073 | 136 | 93 | 0 |
| 30 Sep 20 | 2,039 | 126 | 74 | 0 |
| 30 Jun 20 | 1,993 | 127 | 76 | 0 |
| 31 Mar 20 | 1,966 | 131 | 79 | 0 |
| 31 Dec 19 | 1,982 | 138 | 80 | 0 |
| 30 Sep 19 | 1,896 | 137 | 91 | 0 |
| 30 Jun 19 | 1,913 | 168 | 97 | 0 |
| 31 Mar 19 | 1,896 | 159 | 99 | 0 |
| 31 Dec 18 | 1,896 | 134 | 101 | 0 |
| 30 Sep 18 | 1,986 | 60 | 99 | 0 |
| 30 Jun 18 | 1,972 | 9 | 107 | 0 |
| 31 Mar 18 | 1,964 | -1 | 110 | 0 |
| 31 Dec 17 | 1,877 | -9 | 120 | 0 |
| 30 Sep 17 | 1,881 | 60 | 113 | 0 |
| 30 Jun 17 | 1,861 | 36 | 88 | 0 |
| 31 Mar 17 | 1,810 | 18 | 74 | 0 |
| 31 Dec 16 | 1,761 | 18 | 104 | 0 |
| 31 Dec 15 | 1,156 | 82 | 34 | 0 |
| 30 Nov 15 | 1,708 | -16 | 49 | 32 |
| 31 Aug 15 | 1,666 | -11 | 51 | 11 |
| 31 May 15 | 1,646 | 17 | 49 | 2 |
| 28 Feb 15 | 1,593 | -50 | 45 | 0 |
| 30 Nov 14 | 1,602 | -49 | 38 | 0 |
| 31 Aug 14 | 1,643 | -66 | 42 | 0 |
| 31 May 14 | 1,589 | 138 | 46 | 0 |
| 28 Feb 14 | 1,472 | 176 | 51 | 0 |
| 30 Nov 13 | 1,378 | 160 | 54 | 0 |
| 31 Aug 13 | 1,196 | 168 | 50 | 0 |
| 31 May 13 | 1,073 | -35 | 46 | 0 |
| 28 Feb 13 | 1,037 | -22 | 44 | 0 |
| 30 Nov 12 | 995 | -6 | 42 | 0 |
| 31 Aug 12 | 949 | -6 | 43 | 0 |
Quality Earnings: AJRD has a high level of non-cash earnings.
Growing Profit Margin: AJRD's current net profit margins (3.2%) are lower than last year (7.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AJRD has become profitable over the past 5 years, growing earnings by 6.4% per year.
Accelerating Growth: AJRD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AJRD had negative earnings growth (-52.5%) over the past year, making it difficult to compare to the Aerospace & Defense industry average (12.8%).
Return on Equity
High ROE: AJRD's Return on Equity (13.1%) is considered low.
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 | 2023/07/29 22:28 |
| End of Day Share Price | 2023/07/27 00:00 |
| Earnings | 2023/03/31 |
| Annual Earnings | 2022/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| 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
Aerojet Rocketdyne Holdings, Inc. is covered by 11 analysts. 3 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 |
|---|---|
| null null | Argus Research Company |
| Kenneth Herbert | Canaccord Genuity |
| George Godfrey | CL King & Associates, Inc. |