L.S. Starrett Past Earnings Performance

Past criteria checks 2/6

L.S. Starrett has been growing earnings at an average annual rate of 36.5%, while the Machinery industry saw earnings growing at 8% annually. Revenues have been growing at an average rate of 4.2% per year. L.S. Starrett's return on equity is 9.7%, and it has net margins of 5%.

Key information

36.5%

Earnings growth rate

35.5%

EPS growth rate

Machinery Industry Growth	8.8%
Revenue growth rate	4.2%
Return on equity	9.7%
Net Margin	5.0%
Last Earnings Update	31 Mar 2024

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

How L.S. Starrett makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OTCPK:SCXL.B Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses	R&D Expenses
31 Mar 24	251	13	53	4
31 Dec 23	252	19	51	4
30 Sep 23	256	23	51	4
30 Jun 23	256	23	50	4
31 Mar 23	259	17	60	4
31 Dec 22	258	14	59	4
30 Sep 22	253	14	58	4
30 Jun 22	254	15	57	4
31 Mar 22	245	15	56	3
31 Dec 21	239	13	55	3
30 Sep 21	232	15	55	3
30 Jun 21	220	16	53	3
31 Mar 21	201	-13	66	4
31 Dec 20	196	-16	68	4
30 Sep 20	199	-19	69	4
30 Jun 20	201	-22	72	4
31 Mar 20	220	4	61	4
31 Dec 19	229	6	62	4
30 Sep 19	228	6	61	4
30 Jun 19	228	6	61	4
31 Mar 19	224	5	61	4
31 Dec 18	221	5	61	4
30 Sep 18	216	-3	61	4
30 Jun 18	216	-4	61	4
31 Mar 18	213	-5	60	4
31 Dec 17	209	-7	60	4
30 Sep 17	210	1	59	4
30 Jun 17	207	1	59	4
31 Mar 17	207	-14	63	2
31 Dec 16	207	-13	61	2
30 Sep 16	208	-13	61	2
30 Jun 16	210	-14	60	3
31 Mar 16	216	0	59	2
31 Dec 15	222	2	60	2
30 Sep 15	232	4	64	2
30 Jun 15	242	5	66	2
31 Mar 15	250	9	69	1
31 Dec 14	252	8	69	1
30 Sep 14	250	7	69	1
30 Jun 14	247	7	68	1
31 Mar 14	245	5	69	1
31 Dec 13	246	2	70	1
30 Sep 13	244	0	70	1
30 Jun 13	244	0	72	1

Quality Earnings: SCXL.B has high quality earnings.

Growing Profit Margin: SCXL.B's current net profit margins (5%) are lower than last year (6.7%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: SCXL.B's earnings have grown significantly by 36.5% per year over the past 5 years.

Accelerating Growth: SCXL.B's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SCXL.B had negative earnings growth (-28%) over the past year, making it difficult to compare to the Machinery industry average (13.8%).

Return on Equity

High ROE: SCXL.B's Return on Equity (9.7%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/05/20 11:12
End of Day Share Price	2024/02/21 00:00
Earnings	2024/03/31
Annual Earnings	2023/06/30

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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

The L.S. Starrett Company is covered by 1 analysts. 0 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
Amol Modak	Virtua Research Inc.