Meritage Hospitality Group Past Earnings Performance
Past criteria checks 1/6
Meritage Hospitality Group's earnings have been declining at an average annual rate of -13.3%, while the Hospitality industry saw earnings growing at 31.3% annually. Revenues have been growing at an average rate of 9% per year. Meritage Hospitality Group's return on equity is 4.9%, and it has net margins of 0.6%.
Key information
-13.3%
Earnings growth rate
-14.4%
EPS growth rate
| Hospitality Industry Growth | 19.5% |
| Revenue growth rate | 9.0% |
| Return on equity | 4.9% |
| Net Margin | 0.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
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 |
|---|---|---|---|---|
| 31 Dec 23 | 672 | 4 | 37 | 0 |
| 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 high quality earnings.
Growing Profit Margin: MHGU's current net profit margins (0.6%) are lower than last year (1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MHGU's earnings have declined by 13.3% per year 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 (-39%) over the past year, making it difficult to compare to the Hospitality industry average (14%).
Return on Equity
High ROE: MHGU's Return on Equity (4.9%) is considered low.