Tortoise Pipeline & Energy Fund Past Earnings Performance
Past criteria checks 1/6
Tortoise Pipeline & Energy Fund has been growing earnings at an average annual rate of 37.4%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been declining at an average rate of 18.9% per year. Tortoise Pipeline & Energy Fund's return on equity is 6.2%, and it has net margins of 169.8%.
Key information
37.4%
Earnings growth rate
37.0%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | -18.9% |
| Return on equity | 6.2% |
| Net Margin | 169.8% |
| Last Earnings Update | 30 Nov 2023 |
Recent past performance updates
No updates
Recent updates
TTP: A Lot To Like With This 8.12%-Yielding MLP CEF
Feb 06Tortoise Pipeline & Energy Fund: Better Choices Elsewhere
Dec 15Tortoise Pipeline & Energy Fund declares $0.59 dividend
Nov 10TTP: An Updated Look At This High Yield Pipeline And MLP Fund
Oct 02Tortoise Pipeline & Energy Fund goes ex-dividend tomorrow
Aug 22What's In Your Pipeline For Retirement? How About A CEF With A 9% Yield?
Jul 12Tortoise Pipeline & Energy Fund declares $0.16 dividend
May 10Tortoise Pipeline&Energy Fund declares $0.16 dividend
Nov 10Revenue & Expenses BreakdownBeta
How Tortoise Pipeline & Energy Fund 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 |
|---|---|---|---|---|
| 30 Nov 23 | 3 | 4 | 1 | 0 |
| 31 Aug 23 | 2 | -1 | 1 | 0 |
| 31 May 23 | 2 | -7 | 1 | 0 |
| 28 Feb 23 | 2 | 7 | 1 | 0 |
| 30 Nov 22 | 2 | 20 | 1 | 0 |
| 31 Aug 22 | 2 | 20 | 1 | 0 |
| 31 May 22 | 2 | 19 | 1 | 0 |
| 28 Feb 22 | 2 | 20 | 1 | 0 |
| 30 Nov 21 | 2 | 20 | 1 | 0 |
| 31 Aug 21 | 1 | 23 | 1 | 0 |
| 31 May 21 | 1 | 21 | 1 | 0 |
| 28 Feb 21 | 2 | -50 | 1 | 0 |
| 30 Nov 20 | 3 | -76 | 2 | 0 |
| 31 Aug 20 | 4 | -90 | 2 | 0 |
| 31 May 20 | 5 | -97 | 2 | 0 |
| 29 Feb 20 | 5 | -37 | 3 | 0 |
| 30 Nov 19 | 4 | -19 | 3 | 0 |
| 31 Aug 19 | 4 | -38 | 3 | 0 |
| 31 May 19 | 4 | -14 | 3 | 0 |
| 28 Feb 19 | 4 | 3 | 3 | 0 |
| 30 Nov 18 | 5 | -9 | 3 | 0 |
| 31 Aug 18 | 5 | 13 | 3 | 0 |
| 31 May 18 | 5 | -6 | 3 | 0 |
| 28 Feb 18 | 6 | -46 | 4 | 0 |
| 30 Nov 17 | 6 | -30 | 4 | 0 |
| 31 Aug 17 | 5 | -3 | 4 | 0 |
| 31 May 17 | 5 | 24 | 4 | 0 |
| 28 Feb 17 | 5 | 107 | 4 | 0 |
| 30 Nov 16 | 6 | 53 | 3 | 0 |
| 31 Aug 16 | 7 | -17 | 3 | 0 |
| 31 May 16 | 7 | -102 | 4 | 0 |
| 29 Feb 16 | 9 | -164 | 4 | 0 |
| 30 Nov 15 | 9 | -134 | 4 | 0 |
| 31 Aug 15 | 10 | -139 | 5 | 0 |
| 31 May 15 | 9 | -23 | 5 | 0 |
| 28 Feb 15 | 9 | 18 | 5 | 0 |
| 30 Nov 14 | 8 | 64 | 5 | 0 |
| 31 Aug 14 | 8 | 134 | 5 | 0 |
| 31 May 14 | 8 | 94 | 4 | 0 |
| 28 Feb 14 | 8 | 67 | 4 | 0 |
| 30 Nov 13 | 8 | 67 | 4 | 0 |
| 31 Aug 13 | 7 | 57 | 4 | 0 |
| 31 May 13 | 7 | 65 | 4 | 0 |
Quality Earnings: TTP has a large one-off gain of $4.0M impacting its last 12 months of financial results to 30th November, 2023.
Growing Profit Margin: TTP's current net profit margins are lower than last year .
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TTP has become profitable over the past 5 years, growing earnings by 37.4% per year.
Accelerating Growth: TTP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TTP had negative earnings growth (-78.4%) over the past year, making it difficult to compare to the Capital Markets industry average (3.3%).
Return on Equity
High ROE: TTP's Return on Equity (6.2%) is considered low.