RIT Capital Partners Past Earnings Performance
Past criteria checks 2/6
RIT Capital Partners's earnings have been declining at an average annual rate of -23.1%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been declining at an average rate of 20.6% per year. RIT Capital Partners's return on equity is 1.8%, and it has net margins of 46.4%.
Key information
-23.1%
Earnings growth rate
-23.2%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | -20.6% |
| Return on equity | 1.8% |
| Net Margin | 46.4% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How RIT Capital Partners 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 | 142 | 66 | 34 | 0 |
| 30 Sep 23 | -11 | -80 | 33 | 0 |
| 30 Jun 23 | -164 | -227 | 32 | 0 |
| 31 Mar 23 | -346 | -402 | 34 | 0 |
| 31 Dec 22 | -529 | -577 | 36 | 0 |
| 30 Sep 22 | -347 | -397 | 41 | 0 |
| 30 Jun 22 | -165 | -217 | 46 | 0 |
| 31 Mar 22 | 377 | 321 | 47 | 0 |
| 31 Dec 21 | 918 | 859 | 48 | 0 |
| 30 Sep 21 | 1,124 | 1,063 | 48 | 0 |
| 30 Jun 21 | 1,329 | 1,266 | 49 | 0 |
| 31 Mar 21 | 935 | 885 | 43 | 0 |
| 31 Dec 20 | 541 | 504 | 37 | 0 |
| 30 Sep 20 | 305 | 266 | 30 | 0 |
| 30 Jun 20 | 69 | 28 | 23 | 0 |
| 31 Mar 20 | 238 | 185 | 23 | 0 |
| 31 Dec 19 | 408 | 342 | 23 | 0 |
| 30 Sep 19 | 312 | 260 | 23 | 0 |
| 30 Jun 19 | 216 | 179 | 23 | 0 |
| 31 Mar 19 | 135 | 103 | 22 | 0 |
| 31 Dec 18 | 54 | 27 | 22 | 0 |
| 30 Sep 18 | 149 | 116 | 20 | 0 |
| 30 Jun 18 | 245 | 204 | 19 | 0 |
| 31 Mar 18 | 260 | 212 | 20 | 0 |
| 31 Dec 17 | 276 | 221 | 21 | 0 |
| 30 Sep 17 | 323 | 272 | 22 | 0 |
| 30 Jun 17 | 370 | 323 | 23 | 0 |
| 31 Mar 17 | 375 | 313 | 22 | 0 |
| 31 Dec 16 | 381 | 302 | 22 | 0 |
| 30 Sep 16 | 305 | 215 | 21 | 0 |
| 30 Jun 16 | 229 | 127 | 20 | 0 |
| 31 Mar 16 | 229 | 158 | 21 | 0 |
| 31 Dec 15 | 230 | 188 | 22 | 0 |
| 30 Sep 15 | 278 | 245 | 25 | 0 |
| 30 Jun 15 | 326 | 302 | 29 | 0 |
| 31 Mar 15 | 281 | 252 | 27 | 0 |
| 31 Dec 14 | 237 | 201 | 25 | 0 |
| 30 Sep 14 | 193 | 167 | 24 | 0 |
| 30 Jun 14 | 149 | 132 | 23 | 0 |
| 31 Mar 14 | 253 | 233 | 24 | 0 |
| 31 Dec 13 | 358 | 334 | 25 | 0 |
| 30 Jun 13 | 211 | 175 | 27 | 0 |
Quality Earnings: RITP.F has high quality earnings.
Growing Profit Margin: RITP.F became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RITP.F's earnings have declined by 23.1% per year over the past 5 years.
Accelerating Growth: RITP.F has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: RITP.F 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: RITP.F's Return on Equity (1.8%) is considered low.