Drilling Tools International Past Earnings Performance
Past criteria checks 1/6
Drilling Tools International has been growing earnings at an average annual rate of 54.7%, while the Energy Services industry saw earnings growing at 48.3% annually. Revenues have been declining at an average rate of 2.7% per year. Drilling Tools International's return on equity is 12.5%, and it has net margins of 7.8%.
Key information
54.7%
Earnings growth rate
16.3%
EPS growth rate
| Energy Services Industry Growth | 23.7% |
| Revenue growth rate | -2.7% |
| Return on equity | 12.5% |
| Net Margin | 7.8% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Drilling Tools International (NASDAQ:DTI) Posted Weak Earnings But There Is More To Worry About
Aug 16
Does Drilling Tools International (NASDAQ:DTI) Have A Healthy Balance Sheet?
Jul 15DTI Has Better Margins And Lower Valuation Than Its Peers
May 15A Piece Of The Puzzle Missing From Drilling Tools International Corporation's (NASDAQ:DTI) 37% Share Price Climb
Apr 04Returns On Capital Are A Standout For Drilling Tools International (NASDAQ:DTI)
Feb 06Drilling Tools International (NASDAQ:DTI) Is Achieving High Returns On Its Capital
Jun 23Revenue & Expenses Breakdown
How Drilling Tools International 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 Jun 24 | 148 | 12 | 69 | 0 |
| 31 Mar 24 | 148 | 12 | 68 | 0 |
| 31 Dec 23 | 152 | 14 | 68 | 0 |
| 30 Sep 23 | 154 | 17 | 68 | 0 |
| 30 Jun 23 | 152 | 20 | 67 | 0 |
| 31 Mar 23 | 144 | 24 | 58 | 0 |
| 31 Dec 22 | 130 | 20 | 52 | 0 |
| 30 Sep 22 | 117 | 15 | 47 | 0 |
| 31 Dec 21 | 77 | 1 | 38 | 0 |
| 31 Dec 20 | 68 | -20 | 41 | 0 |
Quality Earnings: DTI has a high level of non-cash earnings.
Growing Profit Margin: DTI's current net profit margins (7.8%) are lower than last year (12.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: DTI's earnings have grown significantly by 54.7% per year over the past 5 years.
Accelerating Growth: DTI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: DTI had negative earnings growth (-40.6%) over the past year, making it difficult to compare to the Energy Services industry average (12.1%).
Return on Equity
High ROE: DTI's Return on Equity (12.5%) is considered low.