Okeanis Eco Tankers Past Earnings Performance
Past criteria checks 3/6
Okeanis Eco Tankers has been growing earnings at an average annual rate of 31.2%, while the Oil and Gas industry saw earnings growing at 38% annually. Revenues have been growing at an average rate of 33.5% per year. Okeanis Eco Tankers's return on equity is 31.6%, and it has net margins of 32.8%.
Key information
31.2%
Earnings growth rate
31.6%
EPS growth rate
| Oil and Gas Industry Growth | 33.7% |
| Revenue growth rate | 33.5% |
| Return on equity | 31.6% |
| Net Margin | 32.8% |
| Next Earnings Update | 09 Aug 2024 |
Recent past performance updates
Recent updates
Okeanis Eco Tankers: Recent Dip Is An Opportunity To Accumulate
Jun 17Okeanis Eco Tankers: The Best Fleet Plus Generous Dividends; Rating Unchanged
Apr 13Okeanis Eco Tankers: A Much Stronger Quarter Could Be Ahead
Mar 04Okeanis Eco Tankers: Bet On Crude Tankers Deficit With The Youngest Fleet In The Industry
Feb 12Okeanis: Armed With The Most Modern Fleet And Heightened Operating Leverage
Jan 26Revenue & Expenses Breakdown
How Okeanis Eco Tankers 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 Mar 24 | 412 | 135 | 21 | 0 |
| 31 Dec 23 | 413 | 145 | 20 | 0 |
| 30 Sep 23 | 432 | 172 | 20 | 0 |
| 30 Jun 23 | 412 | 172 | 19 | 0 |
| 31 Mar 23 | 342 | 127 | 16 | 0 |
| 31 Dec 22 | 271 | 85 | 13 | 0 |
| 30 Sep 22 | 196 | 41 | 11 | 0 |
| 30 Jun 22 | 165 | 17 | 11 | 0 |
| 31 Mar 22 | 163 | 1 | 11 | 0 |
| 31 Dec 21 | 169 | -1 | 13 | 0 |
| 30 Sep 21 | 187 | 2 | 13 | 0 |
| 30 Jun 21 | 206 | 22 | 12 | 0 |
| 31 Mar 21 | 240 | 68 | 14 | 0 |
| 31 Dec 20 | 283 | 101 | 12 | 0 |
| 30 Sep 20 | 290 | 112 | 12 | 0 |
| 30 Jun 20 | 261 | 93 | 11 | 0 |
| 31 Mar 20 | 199 | 52 | 8 | 0 |
| 31 Dec 19 | 128 | 11 | 7 | 0 |
| 31 Dec 18 | 58 | -6 | 4 | 0 |
Quality Earnings: ECO has high quality earnings.
Growing Profit Margin: ECO's current net profit margins (32.8%) are lower than last year (37.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ECO has become profitable over the past 5 years, growing earnings by 31.2% per year.
Accelerating Growth: ECO's earnings growth over the past year (6.6%) is below its 5-year average (31.2% per year).
Earnings vs Industry: ECO earnings growth over the past year (6.6%) exceeded the Oil and Gas industry -37.6%.
Return on Equity
High ROE: Whilst ECO's Return on Equity (31.56%) is high, this metric is skewed due to their high level of debt.