Okeanis Eco Tankers Past Earnings Performance
Past criteria checks 2/6
Okeanis Eco Tankers has been growing earnings at an average annual rate of 27.4%, while the Oil and Gas industry saw earnings growing at 40.4% annually. Revenues have been growing at an average rate of 18.5% per year. Okeanis Eco Tankers's return on equity is 28.4%, and it has net margins of 29.3%.
Key information
27.4%
Earnings growth rate
27.7%
EPS growth rate
| Oil and Gas Industry Growth | 33.7% |
| Revenue growth rate | 18.5% |
| Return on equity | 28.4% |
| Net Margin | 29.3% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Okeanis Eco Tankers Remains A Top Pick Post Earnings, Maintain Buy
Nov 15Okeanis Eco Tankers: Top Management, Long-Term Double-Digit Yield Potential
Sep 23Okeanis Eco Tankers: Top-Spec Fleet, Solid Balance Sheet, And Tempting Yield
Sep 11Okeanis Eco Tankers To Benefit From Crude Tanker Rate Rebound
Aug 20Okeanis 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 |
|---|---|---|---|---|
| 30 Sep 24 | 400 | 117 | 21 | 0 |
| 30 Jun 24 | 404 | 122 | 21 | 0 |
| 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 (29.3%) are lower than last year (39.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ECO's earnings have grown significantly by 27.4% per year over the past 5 years.
Accelerating Growth: ECO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ECO had negative earnings growth (-32.2%) over the past year, making it difficult to compare to the Oil and Gas industry average (-15.3%).
Return on Equity
High ROE: Whilst ECO's Return on Equity (28.4%) is high, this metric is skewed due to their high level of debt.