Gabelli Equity Trust Past Earnings Performance
Past criteria checks 2/6
Gabelli Equity Trust has been growing earnings at an average annual rate of 4.8%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been declining at an average rate of 1.9% per year. Gabelli Equity Trust's return on equity is 12.1%, and it has net margins of 616.7%.
Key information
4.8%
Earnings growth rate
3.6%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | -1.9% |
| Return on equity | 12.1% |
| Net Margin | 616.7% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
GAB: Multi-Year Lows In The Premium For This Equity CEF
Nov 01Tracking Mario Gabelli's Gabelli Funds 13F Portfolio - Q2 2023 Update
Aug 23GAB And USA: The Results After Making A Swap
Aug 01Gabelli Equity Trust declares $0.15 dividend
Feb 17Gabelli Equity Trust declares $0.15 dividend
Nov 11Gabelli Equity Trust goes ex-dividend tomorrow
Sep 14GAB: Playing With Fire, USA A Worthwhile Swap Candidate
Jun 14GAB: 10% Managed Distribution Plan Attracts Income Investors, Premium Is Climbing Higher
Nov 19GAB: Tempting Distribution Yield, Potential Opportunity
Aug 16Gabelli Equity Trust: Rights Offering Analysis
Jun 22Evaluating CEFs: A Look At GAB
Jan 13Gabelli Equity Trust declares $0.15 dividend
Nov 13Revenue & Expenses BreakdownBeta
How Gabelli Equity Trust 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 | 34 | 210 | 22 | 0 |
| 30 Sep 23 | 34 | 252 | 22 | 0 |
| 30 Jun 23 | 34 | 295 | 21 | 0 |
| 31 Mar 23 | 33 | 39 | 21 | 0 |
| 31 Dec 22 | 32 | -216 | 21 | 0 |
| 30 Sep 22 | 31 | -260 | 23 | 0 |
| 30 Jun 22 | 31 | -305 | 24 | 0 |
| 31 Mar 22 | 33 | 19 | 24 | 0 |
| 31 Dec 21 | 35 | 343 | 24 | 0 |
| 30 Sep 21 | 35 | 519 | 23 | 0 |
| 30 Jun 21 | 35 | 695 | 22 | 0 |
| 31 Mar 21 | 32 | 423 | 21 | 0 |
| 31 Dec 20 | 30 | 152 | 19 | 0 |
| 30 Sep 20 | 31 | -13 | 19 | 0 |
| 30 Jun 20 | 33 | -178 | 19 | 0 |
| 31 Mar 20 | 34 | 69 | 19 | 0 |
| 31 Dec 19 | 35 | 316 | 20 | 0 |
| 30 Sep 19 | 36 | 194 | 20 | 0 |
| 30 Jun 19 | 37 | 73 | 19 | 0 |
| 31 Mar 19 | 37 | -37 | 20 | 0 |
| 31 Dec 18 | 37 | -148 | 20 | 0 |
| 30 Sep 18 | 34 | 19 | 20 | 0 |
| 30 Jun 18 | 30 | 185 | 20 | 0 |
| 31 Mar 18 | 29 | 245 | 20 | 0 |
| 31 Dec 17 | 28 | 305 | 20 | 0 |
| 30 Sep 17 | 30 | 264 | 19 | 0 |
| 30 Jun 17 | 31 | 223 | 19 | 0 |
| 31 Mar 17 | 32 | 194 | 18 | 0 |
| 31 Dec 16 | 34 | 165 | 18 | 0 |
| 30 Sep 16 | 33 | 64 | 17 | 0 |
| 30 Jun 16 | 33 | -36 | 17 | 0 |
| 31 Mar 16 | 32 | -67 | 17 | 0 |
| 31 Dec 15 | 31 | -97 | 18 | 0 |
| 30 Sep 15 | 30 | -38 | 18 | 0 |
| 30 Jun 15 | 30 | 21 | 19 | 0 |
| 31 Mar 15 | 30 | 45 | 19 | 0 |
| 31 Dec 14 | 30 | 70 | 18 | 0 |
| 30 Sep 14 | 29 | 190 | 18 | 0 |
| 30 Jun 14 | 29 | 311 | 18 | 0 |
| 31 Mar 14 | 28 | 369 | 18 | 0 |
| 31 Dec 13 | 28 | 426 | 17 | 0 |
| 30 Sep 13 | 29 | 361 | 17 | 0 |
| 30 Jun 13 | 30 | 296 | 16 | 0 |
Quality Earnings: GAB has a large one-off gain of $222.1M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: GAB became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GAB has become profitable over the past 5 years, growing earnings by 4.8% per year.
Accelerating Growth: GAB has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: GAB has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (3.9%).
Return on Equity
High ROE: GAB's Return on Equity (12.1%) is considered low.