General American Investors Company Past Earnings Performance
Past criteria checks 2/6
General American Investors Company has been growing earnings at an average annual rate of 8.6%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been growing at an average rate of 0.9% per year. General American Investors Company's return on equity is 19.2%, and it has net margins of 1003.8%.
Key information
8.6%
Earnings growth rate
9.0%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | 0.9% |
| Return on equity | 19.2% |
| Net Margin | 1,003.8% |
| Last Earnings Update | 31 Dec 2023 |
Revenue & Expenses BreakdownBeta
How General American Investors Company 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 | 26 | 262 | 15 | 0 |
| 30 Sep 23 | 24 | 239 | 14 | 0 |
| 30 Jun 23 | 22 | 226 | 13 | 0 |
| 31 Mar 23 | 20 | -76 | 13 | 0 |
| 31 Dec 22 | 18 | -189 | 12 | 0 |
| 30 Sep 22 | 17 | -165 | 13 | 0 |
| 30 Jun 22 | 16 | -132 | 13 | 0 |
| 31 Mar 22 | 15 | 180 | 14 | 0 |
| 31 Dec 21 | 15 | 282 | 15 | 0 |
| 30 Sep 21 | 15 | 293 | 15 | 0 |
| 30 Jun 21 | 15 | 362 | 15 | 0 |
| 31 Mar 21 | 15 | 396 | 13 | 0 |
| 31 Dec 20 | 15 | 66 | 12 | 0 |
| 30 Sep 20 | 17 | 28 | 11 | 0 |
| 30 Jun 20 | 18 | -37 | 11 | 0 |
| 31 Mar 20 | 21 | -109 | 12 | 0 |
| 31 Dec 19 | 21 | 286 | 13 | 0 |
| 30 Sep 19 | 21 | 14 | 12 | 0 |
| 30 Jun 19 | 21 | 93 | 12 | 0 |
| 31 Mar 19 | 21 | 56 | 12 | 0 |
| 31 Dec 18 | 21 | -83 | 12 | 0 |
| 30 Sep 18 | 21 | 125 | 14 | 0 |
| 30 Jun 18 | 21 | 95 | 13 | 0 |
| 31 Mar 18 | 22 | 83 | 13 | 0 |
| 31 Dec 17 | 22 | 159 | 14 | 0 |
| 30 Sep 17 | 22 | 147 | 13 | 0 |
| 30 Jun 17 | 21 | 152 | 13 | 0 |
| 31 Mar 17 | 21 | 142 | 14 | 0 |
| 31 Dec 16 | 21 | 73 | 13 | 0 |
| 30 Sep 16 | 25 | 92 | 13 | 0 |
| 30 Jun 16 | 26 | -58 | 13 | 0 |
| 31 Mar 16 | 26 | -55 | 13 | 0 |
| 31 Dec 15 | 28 | -40 | 14 | 0 |
| 30 Sep 15 | 26 | -68 | 14 | 0 |
| 30 Jun 15 | 26 | 27 | 13 | 0 |
| 31 Mar 15 | 25 | 86 | 14 | 0 |
| 31 Dec 14 | 23 | 73 | 13 | 0 |
| 30 Sep 14 | 22 | 151 | 14 | 0 |
| 30 Jun 14 | 21 | 247 | 14 | 0 |
| 31 Mar 14 | 20 | 206 | 14 | 0 |
| 31 Dec 13 | 19 | 307 | 14 | 0 |
| 30 Sep 13 | 24 | 245 | 14 | 0 |
| 30 Jun 13 | 23 | 208 | 15 | 0 |
Quality Earnings: GAM has a large one-off gain of $264.7M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: GAM became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GAM has become profitable over the past 5 years, growing earnings by 8.6% per year.
Accelerating Growth: GAM has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: GAM has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (6.1%).
Return on Equity
High ROE: GAM's Return on Equity (19.2%) is considered low.