BW Offshore Past Earnings Performance
Past criteria checks 4/6
BW Offshore has been growing earnings at an average annual rate of 16.4%, while the Energy Services industry saw earnings growing at 23.1% annually. Revenues have been declining at an average rate of 3.9% per year. BW Offshore's return on equity is 8.7%, and it has net margins of 14%.
Key information
16.4%
Earnings growth rate
16.7%
EPS growth rate
| Energy Services Industry Growth | 23.7% |
| Revenue growth rate | -3.9% |
| Return on equity | 8.7% |
| Net Margin | 14.0% |
| Next Earnings Update | 16 Nov 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How BW Offshore 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 23 | 720 | 101 | 20 | 0 |
| 31 Mar 23 | 747 | 101 | 20 | 0 |
| 31 Dec 22 | 774 | 130 | 20 | 0 |
| 30 Sep 22 | 766 | 43 | 9 | 0 |
| 30 Jun 22 | 789 | 20 | 9 | 0 |
| 31 Mar 22 | 804 | 13 | 9 | 0 |
| 31 Dec 21 | 829 | 63 | 9 | 0 |
| 30 Sep 21 | 849 | 72 | 39 | 0 |
| 30 Jun 21 | 844 | 66 | 39 | 0 |
| 31 Mar 21 | 848 | 100 | 39 | 0 |
| 31 Dec 20 | 886 | -320 | 39 | 0 |
| 30 Sep 20 | 1,068 | -210 | 37 | 0 |
| 30 Jun 20 | 934 | -292 | 63 | 0 |
| 31 Mar 20 | 1,180 | -233 | 37 | 0 |
| 31 Dec 19 | 947 | 8 | 63 | 0 |
| 30 Sep 19 | 1,105 | 83 | 33 | 0 |
| 30 Jun 19 | 959 | 43 | 33 | 0 |
| 31 Mar 19 | 974 | 44 | 33 | 0 |
| 31 Dec 18 | 870 | 34 | 33 | 0 |
| 30 Sep 18 | 765 | 67 | 33 | 0 |
| 30 Jun 18 | 696 | 58 | 33 | 0 |
| 31 Mar 18 | 659 | 73 | 33 | 0 |
| 31 Dec 17 | 626 | 40 | 33 | 0 |
| 30 Sep 17 | 578 | -120 | 15 | 0 |
| 30 Jun 17 | 585 | -135 | 15 | 0 |
| 31 Mar 17 | 594 | -145 | 15 | 0 |
| 31 Dec 16 | 649 | -133 | 15 | 0 |
| 30 Sep 16 | 563 | -253 | 35 | 0 |
| 30 Jun 16 | 712 | -249 | 35 | 0 |
| 31 Mar 16 | 783 | -225 | 35 | 0 |
| 31 Dec 15 | 805 | -216 | 35 | 0 |
| 30 Sep 15 | 1,054 | 31 | 61 | 0 |
| 30 Jun 15 | 994 | 78 | 61 | 0 |
| 31 Mar 15 | 1,070 | 160 | 61 | 0 |
| 31 Dec 14 | 1,070 | 187 | 61 | 0 |
| 30 Sep 14 | 1,066 | 189 | 60 | 0 |
| 30 Jun 14 | 1,050 | 166 | 60 | 0 |
| 31 Mar 14 | 978 | 86 | 60 | 0 |
| 31 Dec 13 | 956 | 81 | 60 | 0 |
| 30 Sep 13 | 929 | 168 | 54 | 0 |
| 30 Jun 13 | 933 | 93 | 54 | 0 |
| 31 Mar 13 | 908 | 25 | 54 | 0 |
| 31 Dec 12 | 909 | 1 | 54 | 0 |
| 30 Sep 12 | 884 | -251 | 51 | 0 |
Quality Earnings: BWOF.Y has a high level of non-cash earnings.
Growing Profit Margin: BWOF.Y's current net profit margins (14%) are higher than last year (2.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BWOF.Y has become profitable over the past 5 years, growing earnings by 16.4% per year.
Accelerating Growth: BWOF.Y's earnings growth over the past year (415.9%) exceeds its 5-year average (16.4% per year).
Earnings vs Industry: BWOF.Y earnings growth over the past year (415.9%) exceeded the Energy Services industry 58.6%.
Return on Equity
High ROE: BWOF.Y's Return on Equity (8.7%) is considered low.