Golar LNG Past Earnings Performance
Past criteria checks 2/6
Golar LNG has been growing earnings at an average annual rate of 43.8%, while the Oil and Gas industry saw earnings growing at 40.4% annually. Revenues have been declining at an average rate of 12.6% per year. Golar LNG's return on equity is 1.3%, and it has net margins of 4.9%.
Key information
43.8%
Earnings growth rate
44.9%
EPS growth rate
Oil and Gas Industry Growth | 33.7% |
Revenue growth rate | -12.6% |
Return on equity | 1.3% |
Net Margin | 4.9% |
Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Golar LNG (NASDAQ:GLNG) Will Pay A Dividend Of $0.25
Nov 15Golar LNG Limited (NASDAQ:GLNG) Consensus Forecasts Have Become A Little Darker Since Its Latest Report
Nov 14Some Shareholders Feeling Restless Over Golar LNG Limited's (NASDAQ:GLNG) P/E Ratio
Nov 11These 4 Measures Indicate That Golar LNG (NASDAQ:GLNG) Is Using Debt Reasonably Well
Sep 30Golar LNG: Wait For A Better Entry Price
Aug 27Golar LNG Limited (NASDAQ:GLNG) Stocks Shoot Up 27% But Its P/E Still Looks Reasonable
Jul 16Golar LNG (NASDAQ:GLNG) Is Due To Pay A Dividend Of $0.25
May 31Golar LNG: A LNG Stock With Significant Upside Potential (Upgrade)
Apr 18The Golar LNG Limited (NASDAQ:GLNG) Annual Results Are Out And Analysts Have Published New Forecasts
Mar 02Golar LNG: Bet On Rising Floating LNG Demand
Feb 21Is Golar LNG (NASDAQ:GLNG) A Risky Investment?
Feb 14A Look At The Intrinsic Value Of Golar LNG Limited (NASDAQ:GLNG)
Oct 05Golar LNG Limited's (NASDAQ:GLNG) Prospects Need A Boost To Lift Shares
Jul 14Golar LNG Limited (NASDAQ:GLNG) Shares Could Be 48% Below Their Intrinsic Value Estimate
Jun 23Golar LNG's (NASDAQ:GLNG) Earnings Are Weaker Than They Seem
Nov 23Golar LNG reports Q2 results
Aug 11Here's Why Golar LNG (NASDAQ:GLNG) Can Manage Its Debt Responsibly
Jul 28An Intrinsic Calculation For Golar LNG Limited (NASDAQ:GLNG) Suggests It's 45% Undervalued
Jul 07RiverPark Advisors - Golar LNG Ltd: Rising Energy Prices, Changing Supply Lines
Jun 03Golar LNG: Changing Business Model Creates Opportunity For Investors
Apr 08Revenue & Expenses Breakdown
How Golar LNG 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 Sep 24 | 274 | 13 | 27 | 0 |
30 Jun 24 | 277 | 141 | 28 | 0 |
31 Mar 24 | 289 | 110 | 30 | 0 |
31 Dec 23 | 298 | -47 | 33 | 0 |
30 Sep 23 | 278 | 55 | 34 | 0 |
30 Jun 23 | 279 | 100 | 36 | 0 |
31 Mar 23 | 269 | 208 | 38 | 0 |
31 Dec 22 | 268 | 872 | 38 | 0 |
30 Sep 22 | 274 | 801 | 39 | 0 |
30 Jun 22 | 269 | 569 | 37 | 0 |
31 Mar 22 | 256 | 364 | 36 | 0 |
31 Dec 21 | 260 | -176 | 35 | 0 |
30 Sep 21 | 313 | -169 | 35 | 0 |
30 Jun 21 | 345 | -94 | 35 | 0 |
31 Mar 21 | 394 | -8 | 34 | 0 |
31 Dec 20 | 261 | -94 | 34 | 0 |
30 Sep 20 | 459 | -76 | 39 | 0 |
30 Jun 20 | 463 | -140 | 43 | 0 |
31 Mar 20 | 457 | -237 | 49 | 0 |
31 Dec 19 | 449 | -169 | 52 | 0 |
30 Sep 19 | 492 | -550 | 40 | 0 |
30 Jun 19 | 516 | -401 | 55 | 0 |
31 Mar 19 | 479 | -252 | 54 | 0 |
31 Dec 18 | 431 | -231 | 52 | 0 |
30 Sep 18 | 306 | 85 | 62 | 0 |
30 Jun 18 | 216 | -25 | 44 | 0 |
31 Mar 18 | 185 | -135 | 37 | 0 |
31 Dec 17 | 144 | -180 | 38 | 0 |
30 Sep 17 | 109 | -175 | 42 | 0 |
30 Jun 17 | 99 | -155 | 43 | 0 |
31 Mar 17 | 89 | -172 | 46 | 0 |
31 Dec 16 | 80 | -187 | 37 | 0 |
30 Sep 16 | 80 | -263 | 41 | 0 |
30 Jun 16 | 85 | -390 | 39 | 0 |
31 Mar 16 | 87 | -300 | 38 | 0 |
31 Dec 15 | 103 | -171 | 34 | 0 |
30 Sep 15 | 115 | -148 | 28 | 0 |
30 Jun 15 | 116 | 11 | 26 | 0 |
31 Mar 15 | 117 | -34 | 21 | 0 |
31 Dec 14 | 106 | -48 | 19 | 0 |
30 Sep 14 | 91 | 1 | 22 | 0 |
30 Jun 14 | 77 | -20 | 21 | 0 |
31 Mar 14 | 85 | 63 | 23 | 0 |
31 Dec 13 | 100 | 110 | 23 | 0 |
Quality Earnings: GLNG has high quality earnings.
Growing Profit Margin: GLNG's current net profit margins (4.9%) are lower than last year (19.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GLNG has become profitable over the past 5 years, growing earnings by 43.8% per year.
Accelerating Growth: GLNG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GLNG had negative earnings growth (-75.3%) over the past year, making it difficult to compare to the Oil and Gas industry average (-14.2%).
Return on Equity
High ROE: GLNG's Return on Equity (1.3%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2024/12/22 04:02 |
End of Day Share Price | 2024/12/20 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Golar LNG Limited is covered by 36 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
---|---|
Anders Holte | ABG Sundal Collier |
Glenn Lodden | ABN AMRO Bank N.V. |
Erik Stavseth | Arctic Securities ASA |