Cross Timbers Royalty Trust Past Earnings Performance
Past criteria checks 3/6
Cross Timbers Royalty Trust has been growing earnings at an average annual rate of 17.1%, while the Oil and Gas industry saw earnings growing at 37% annually. Revenues have been growing at an average rate of 16.2% per year. Cross Timbers Royalty Trust's return on equity is 432.2%, and it has net margins of 93.4%.
Key information
17.1%
Earnings growth rate
17.1%
EPS growth rate
| Oil and Gas Industry Growth | 33.7% |
| Revenue growth rate | 16.2% |
| Return on equity | 432.2% |
| Net Margin | 93.4% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Cross Timbers Royalty Trust: Quality Of Reports Needs To Improve Before I Would Buy
Jan 29Cross Timbers Royalty Trust Is Risky, Even After A 39% Decline
Oct 13Cross Timbers Royalty Trust Is Unattractive Despite Its Recent Correction
Jun 27Cross Timbers Royalty Trust dividend declines by 63.4% to $0.1146
Feb 17Cross Timbers Royalty Trust raises dividend by 108% to $0.3127
Jan 20Cross Timbers Royalty Trust: Solid Returns Still Ahead
Jan 12Cross Timbers Royalty Trust declares $0.1503 dividend
Dec 19Cross Timbers Royalty Trust declines monthly dividend by -25.6% to $0.1491/share
Oct 25Cross Timbers Royalty Trust goes ex dividend tomorrow
Sep 28Cross Timbers Royalty Trust: Consistent In Times Of Uncertainty
Sep 07Cross Timbers Royalty Trust raises dividend by 20% to $0.2306 dividend
Aug 19Cross Timbers Royalty Trust cuts dividend by 29% to $0.1917
Jul 19Cross Timbers Royalty Trust's (NYSE:CRT) Shareholders Will Receive A Bigger Dividend Than Last Year
May 26
Cross Timbers Royalty Trust: A Modest Income Play
May 05Cross Timbers Royalty Trust (NYSE:CRT) Is Increasing Its Dividend To US$0.16
Apr 22Cross Timbers Royalty Trust's (NYSE:CRT) Upcoming Dividend Will Be Larger Than Last Year's
Sep 23Cross Timbers Royalty Trust's (NYSE:CRT) Upcoming Dividend Will Be Larger Than Last Year's
Jul 23Cross Timbers Royalty Trust Has Become Less Attractive
Jul 06Cross Timbers Royalty Trust declares $0.1041 dividend
Jun 18Consider This Before Buying Cross Timbers Royalty Trust (NYSE:CRT) For The 7.7% Dividend
Mar 21Don't Buy Cross Timbers Royalty Trust (NYSE:CRT) For Its Next Dividend Without Doing These Checks
Jan 23
Cross Timbers Royalty Trust increases dividend by ~20%
Dec 18Despite Its Recent Rally, Cross Timbers Royalty Trust Remains Attractive
Dec 11Read This Before Buying Cross Timbers Royalty Trust (NYSE:CRT) For Its Dividend
Nov 23Cross Timbers Royalty Trust declares $0.0518 dividend
Nov 19Revenue & Expenses BreakdownBeta
How Cross Timbers Royalty Trust 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 | 12 | 12 | 1 | 0 |
| 30 Sep 23 | 13 | 12 | 1 | 0 |
| 30 Jun 23 | 14 | 13 | 1 | 0 |
| 31 Mar 23 | 14 | 14 | 1 | 0 |
| 31 Dec 22 | 13 | 12 | 1 | 0 |
| 30 Sep 22 | 11 | 11 | 1 | 0 |
| 30 Jun 22 | 10 | 9 | 1 | 0 |
| 31 Mar 22 | 8 | 7 | 1 | 0 |
| 31 Dec 21 | 7 | 7 | 1 | 0 |
| 30 Sep 21 | 7 | 6 | 1 | 0 |
| 30 Jun 21 | 5 | 4 | 1 | 0 |
| 31 Mar 21 | 5 | 4 | 1 | 0 |
| 31 Dec 20 | 5 | 5 | 1 | 0 |
| 30 Sep 20 | 6 | 5 | 1 | 0 |
| 30 Jun 20 | 6 | 5 | 1 | 0 |
| 31 Mar 20 | 7 | 6 | 1 | 0 |
| 31 Dec 19 | 6 | 5 | 1 | 0 |
| 30 Sep 19 | 7 | 6 | 1 | 0 |
| 30 Jun 19 | 8 | 7 | 1 | 0 |
| 31 Mar 19 | 8 | 8 | 1 | 0 |
| 31 Dec 18 | 9 | 9 | 1 | 0 |
| 30 Sep 18 | 9 | 8 | 1 | 0 |
| 30 Jun 18 | 8 | 7 | 1 | 0 |
| 31 Mar 18 | 7 | 7 | 1 | 0 |
| 31 Dec 17 | 7 | 6 | 1 | 0 |
| 30 Sep 17 | 7 | 6 | 1 | 0 |
| 30 Jun 17 | 7 | 6 | 1 | 0 |
| 31 Mar 17 | 6 | 6 | 1 | 0 |
| 31 Dec 16 | 8 | 6 | 1 | 0 |
| 30 Sep 16 | 8 | 7 | 1 | 0 |
| 30 Jun 16 | 8 | 7 | 1 | 0 |
| 31 Mar 16 | 9 | 8 | 1 | 0 |
| 31 Dec 15 | 9 | 8 | 1 | 0 |
| 30 Sep 15 | 10 | 10 | 1 | 0 |
| 30 Jun 15 | 13 | 12 | 1 | 0 |
| 31 Mar 15 | 15 | 14 | 1 | 0 |
| 31 Dec 14 | 16 | 16 | 1 | 0 |
| 30 Sep 14 | 17 | 16 | 0 | 0 |
| 30 Jun 14 | 16 | 16 | 0 | 0 |
| 31 Mar 14 | 16 | 15 | 0 | 0 |
| 31 Dec 13 | 14 | 14 | 0 | 0 |
| 30 Sep 13 | 14 | 13 | 0 | 0 |
| 30 Jun 13 | 13 | 13 | 0 | 0 |
Quality Earnings: CRT has high quality earnings.
Growing Profit Margin: CRT's current net profit margins (93.4%) are lower than last year (93.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CRT's earnings have grown by 17.1% per year over the past 5 years.
Accelerating Growth: CRT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CRT had negative earnings growth (-1.7%) over the past year, making it difficult to compare to the Oil and Gas industry average (-22.4%).
Return on Equity
High ROE: CRT's Return on Equity (432.2%) is considered outstanding.