Meritage Hospitality Group Past Earnings Performance
Past criteria checks 0/6
Meritage Hospitality Group's earnings have been declining at an average annual rate of -58.1%, while the Hospitality industry saw earnings growing at 22.1% annually. Revenues have been growing at an average rate of 8.5% per year. Meritage Hospitality Group's return on equity is 7.8%, and it has net margins of 1%.
Key information
-58.1%
Earnings growth rate
-57.3%
EPS growth rate
Hospitality Industry Growth | 19.5% |
Revenue growth rate | 8.5% |
Return on equity | 7.8% |
Net Margin | 1.0% |
Last Earnings Update | 01 Jan 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How Meritage Hospitality 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 |
---|---|---|---|---|
01 Jan 23 | 626 | 6 | 38 | 0 |
02 Jan 22 | 577 | 15 | 36 | 0 |
03 Jan 21 | 516 | 13 | 36 | 0 |
29 Dec 19 | 468 | 10 | 27 | 0 |
30 Dec 18 | 435 | 12 | 25 | 0 |
31 Dec 17 | 313 | 8 | 20 | 0 |
01 Jan 17 | 236 | 6 | 16 | 0 |
03 Jan 16 | 210 | 6 | 13 | 0 |
28 Dec 14 | 160 | 2 | 8 | 0 |
29 Dec 13 | 138 | 2 | 17 | 0 |
Quality Earnings: MHGU has a large one-off gain of $4.2M impacting its last 12 months of financial results to 1st January, 2023.
Growing Profit Margin: MHGU's current net profit margins (1%) are lower than last year (2.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if MHGU's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: MHGU's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MHGU had negative earnings growth (-58.1%) over the past year, making it difficult to compare to the Hospitality industry average (7.6%).
Return on Equity
High ROE: MHGU's Return on Equity (7.8%) is considered low.