Thule Group Past Earnings Performance
Past criteria checks 2/6
Thule Group has been growing earnings at an average annual rate of 8.2%, while the Leisure industry saw earnings growing at 16.9% annually. Revenues have been growing at an average rate of 9.2% per year. Thule Group's return on equity is 16%, and it has net margins of 12%.
Key information
8.2%
Earnings growth rate
7.9%
EPS growth rate
| Leisure Industry Growth | 16.9% |
| Revenue growth rate | 9.2% |
| Return on equity | 16.0% |
| Net Margin | 12.0% |
| Next Earnings Update | 26 Apr 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Thule Group 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 Dec 23 | 9,132 | 1,099 | 2,238 | 0 |
| 30 Sep 23 | 9,217 | 1,059 | 2,223 | 0 |
| 30 Jun 23 | 9,045 | 935 | 2,195 | 0 |
| 31 Mar 23 | 9,330 | 1,023 | 2,169 | 0 |
| 31 Dec 22 | 10,138 | 1,275 | 2,157 | 0 |
| 30 Sep 22 | 10,333 | 1,445 | 2,071 | 0 |
| 30 Jun 22 | 10,966 | 1,824 | 1,994 | 0 |
| 31 Mar 22 | 10,882 | 1,870 | 1,903 | 0 |
| 31 Dec 21 | 10,386 | 1,790 | 1,837 | 0 |
| 30 Sep 21 | 10,145 | 1,800 | 1,807 | 0 |
| 30 Jun 21 | 9,809 | 1,732 | 1,802 | 0 |
| 31 Mar 21 | 8,622 | 1,372 | 1,709 | 0 |
| 31 Dec 20 | 7,828 | 1,166 | 1,641 | 0 |
| 30 Sep 20 | 7,434 | 1,031 | 1,657 | 0 |
| 30 Jun 20 | 6,680 | 763 | 1,607 | 0 |
| 31 Mar 20 | 6,948 | 871 | 1,622 | 0 |
| 31 Dec 19 | 7,038 | 883 | 1,638 | 0 |
| 30 Sep 19 | 6,984 | 897 | 1,595 | 0 |
| 30 Jun 19 | 6,863 | 905 | 1,540 | 0 |
| 31 Mar 19 | 6,707 | 870 | 1,510 | 0 |
| 31 Dec 18 | 6,484 | 837 | 1,467 | 0 |
| 30 Sep 18 | 6,333 | 754 | 1,427 | 0 |
| 30 Jun 18 | 6,157 | 750 | 1,395 | 0 |
| 31 Mar 18 | 5,957 | 713 | 1,364 | 0 |
| 31 Dec 17 | 5,872 | 690 | 1,357 | 0 |
| 30 Sep 17 | 5,849 | 760 | 1,346 | 0 |
| 30 Jun 17 | 5,759 | 732 | 1,342 | 0 |
| 31 Mar 17 | 5,529 | 687 | 1,309 | 0 |
| 31 Dec 16 | 5,304 | 653 | 1,273 | 0 |
| 30 Sep 16 | 5,300 | 645 | 1,245 | 0 |
| 30 Jun 16 | 5,349 | 636 | 1,239 | 0 |
| 31 Mar 16 | 5,312 | 611 | 1,235 | 0 |
| 31 Dec 15 | 5,320 | 587 | 1,229 | 0 |
| 30 Sep 15 | 5,241 | 463 | 1,253 | 0 |
| 30 Jun 15 | 5,079 | 396 | 1,222 | 0 |
| 31 Mar 15 | 4,790 | 297 | 1,173 | 0 |
| 31 Dec 14 | 4,556 | 236 | 1,134 | 0 |
| 30 Sep 14 | 4,581 | 285 | 1,094 | 0 |
| 31 Dec 13 | 4,331 | 299 | 1,098 | 0 |
Quality Earnings: THLP.F has high quality earnings.
Growing Profit Margin: THLP.F's current net profit margins (12%) are lower than last year (12.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: THLP.F's earnings have grown by 8.2% per year over the past 5 years.
Accelerating Growth: THLP.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: THLP.F had negative earnings growth (-13.8%) over the past year, making it difficult to compare to the Leisure industry average (-45.4%).
Return on Equity
High ROE: THLP.F's Return on Equity (16%) is considered low.