Eneti Past Earnings Performance

Past criteria checks 0/6

Eneti has been growing earnings at an average annual rate of 6%, while the Construction industry saw earnings growing at 19.6% annually. Revenues have been declining at an average rate of 9.4% per year.

Key information

6.0%

Earnings growth rate

4.5%

EPS growth rate

Construction Industry Growth20.2%
Revenue growth rate-9.4%
Return on equity-5.4%
Net Margin-24.0%
Last Earnings Update30 Sep 2023

Recent past performance updates

Recent updates

Eneti: The Merger Looks Good, But The Offshore Wind Market Does Not

Oct 02

Strong Strategic Rationale Behind Eneti's Proposed Combination With Cadeler - Buy

Jun 16

Returns Are Gaining Momentum At Eneti (NYSE:NETI)

Apr 14
Returns Are Gaining Momentum At Eneti (NYSE:NETI)

Eneti Inc. (NYSE:NETI) Analysts Just Cut Their EPS Forecasts

Feb 12
Eneti Inc. (NYSE:NETI) Analysts Just Cut Their EPS Forecasts

Eneti Q4 2022 Earnings Preview

Feb 08

Eneti announces contract awards for its Seajacks UK unit

Jan 24

Eneti: Still Cheap, Although The Low-Hanging Fruit Is Gone

Jan 03

Eneti: Set For Solid Growth Over The Next Few Years

Dec 16

Eneti (NYSE:NETI) Shareholders Will Want The ROCE Trajectory To Continue

Nov 11
Eneti (NYSE:NETI) Shareholders Will Want The ROCE Trajectory To Continue

Eneti Q3 2022 Earnings Preview

Nov 07

Eneti: Scorpio Tankers Stake Sale Supports Further Share Buybacks

Sep 27

Eneti repurchases stock from INCJ for $17M

Aug 31

Need To Know: Analysts Are Much More Bullish On Eneti Inc. (NYSE:NETI)

Aug 06
Need To Know: Analysts Are Much More Bullish On Eneti Inc. (NYSE:NETI)

Eneti declares $0.01 dividend

Aug 03

Eneti's related party purchases 153.8K shares in open market

Jul 12

We Think Eneti (NYSE:NETI) Has A Fair Chunk Of Debt

Jul 05
We Think Eneti (NYSE:NETI) Has A Fair Chunk Of Debt

Eneti announces share purchases by Scorpio

Jul 01

Eneti: Buy On Discounted Valuation, Improved Outlook, And Near-Term Catalysts

May 26

Need To Know: Analysts Are Much More Bullish On Eneti Inc. (NYSE:NETI) Revenues

May 15
Need To Know: Analysts Are Much More Bullish On Eneti Inc. (NYSE:NETI) Revenues

Eneti: Discounted Play In Renewable Energy Markets

Mar 30

Analysts Just Slashed Their Eneti Inc. (NYSE:NETI) Earnings Forecasts

Feb 24
Analysts Just Slashed Their Eneti Inc. (NYSE:NETI) Earnings Forecasts

Eneti: New All-Time Lows After Weak Q4 Results And Conference Call

Feb 24

Industry Analysts Just Made A Substantial Upgrade To Their Eneti Inc. (NYSE:NETI) Revenue Forecasts

Jan 23
Industry Analysts Just Made A Substantial Upgrade To Their Eneti Inc. (NYSE:NETI) Revenue Forecasts

What Does The Future Hold For Eneti Inc. (NYSE:NETI)? These Analysts Have Been Cutting Their Estimates

Dec 16
What Does The Future Hold For Eneti Inc. (NYSE:NETI)? These Analysts Have Been Cutting Their Estimates

Eneti - Bargain ESG Play Hampered By Limited Visibility And Management Concerns

Dec 13

Eneti: After The Share Offering

Nov 17

Returns At Eneti (NYSE:NETI) Are On The Way Up

Oct 28
Returns At Eneti (NYSE:NETI) Are On The Way Up

New Forecasts: Here's What Analysts Think The Future Holds For Eneti Inc. (NYSE:NETI)

Aug 08
New Forecasts: Here's What Analysts Think The Future Holds For Eneti Inc. (NYSE:NETI)

Eneti: Attractive Risk/Reward Due To Business Transition

Jul 20

Revenue & Expenses Breakdown

How Eneti makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:NETI Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 23152-37370
30 Jun 23168-19360
31 Mar 2319184390
31 Dec 22199106410
30 Sep 2216559-20
30 Jun 2213022430
31 Mar 22107-17370
31 Dec 2114420340
30 Sep 21182-412250
30 Jun 21194-447250
31 Mar 21183-505270
31 Dec 20164-672260
30 Sep 20174-191280
30 Jun 20190-157290
31 Mar 20215-77310
31 Dec 1922545320
30 Sep 1922922330
30 Jun 1922924320
31 Mar 19239-10310
31 Dec 18243-13320
30 Sep 18228-6300
30 Jun 18205-17300
31 Mar 18182-31300
31 Dec 17162-60290
30 Sep 17138-79310
30 Jun 17123-90330
31 Mar 17103-101340
31 Dec 1678-125340
30 Sep 1674-406350
30 Jun 1665-403350
31 Mar 1660-517350
31 Dec 1563-511350
30 Sep 1558-281340
30 Jun 1555-282330
31 Mar 1556-158330
31 Dec 1449-117320
30 Sep 1431-50300

Quality Earnings: NETI is currently unprofitable.

Growing Profit Margin: NETI is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: NETI is unprofitable, but has reduced losses over the past 5 years at a rate of 6% per year.

Accelerating Growth: Unable to compare NETI's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: NETI is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (33%).


Return on Equity

High ROE: NETI has a negative Return on Equity (-5.44%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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