Cardinal Ethanol Past Earnings Performance
Past criteria checks 3/6
Cardinal Ethanol has been growing earnings at an average annual rate of 57.8%, while the Oil and Gas industry saw earnings growing at 36.8% annually. Revenues have been growing at an average rate of 17.8% per year. Cardinal Ethanol's return on equity is 33.2%, and it has net margins of 13%.
Key information
57.8%
Earnings growth rate
57.8%
EPS growth rate
| Oil and Gas Industry Growth | 33.7% |
| Revenue growth rate | 17.8% |
| Return on equity | 33.2% |
| Net Margin | 13.0% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How Cardinal Ethanol 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 | 437 | 57 | 9 | 0 |
| 30 Sep 23 | 503 | 70 | 9 | 0 |
| 30 Jun 23 | 514 | 54 | 9 | 0 |
| 31 Mar 23 | 528 | 74 | 9 | 0 |
| 31 Dec 22 | 531 | 69 | 8 | 0 |
| 30 Sep 22 | 547 | 86 | 8 | 0 |
| 30 Jun 22 | 513 | 89 | 8 | 0 |
| 31 Mar 22 | 497 | 62 | 8 | 0 |
| 31 Dec 21 | 461 | 61 | 8 | 0 |
| 30 Sep 21 | 404 | 27 | 7 | 0 |
| 30 Jun 21 | 371 | 17 | 7 | 0 |
| 31 Mar 21 | 305 | 9 | 7 | 0 |
| 31 Dec 20 | 274 | -4 | 7 | 0 |
| 30 Sep 20 | 245 | -1 | 7 | 0 |
| 30 Jun 20 | 265 | -8 | 7 | 0 |
| 31 Mar 20 | 277 | -8 | 7 | 0 |
| 31 Dec 19 | 274 | -2 | 7 | 0 |
| 30 Sep 19 | 261 | -7 | 7 | 0 |
| 30 Jun 19 | 252 | 0 | 7 | 0 |
| 31 Mar 19 | 260 | 2 | 7 | 0 |
| 31 Dec 18 | 261 | 3 | 7 | 0 |
| 30 Sep 18 | 267 | 8 | 7 | 0 |
| 30 Jun 18 | 253 | 9 | 7 | 0 |
| 31 Mar 18 | 233 | 6 | 6 | 0 |
| 31 Dec 17 | 226 | 8 | 6 | 0 |
| 30 Sep 17 | 228 | 13 | 6 | 0 |
| 30 Jun 17 | 228 | 16 | 5 | 0 |
| 31 Mar 17 | 231 | 21 | 5 | 0 |
| 31 Dec 16 | 223 | 19 | 5 | 0 |
| 30 Sep 16 | 223 | 14 | 5 | 0 |
| 30 Jun 16 | 224 | 16 | 5 | 0 |
| 31 Mar 16 | 224 | 18 | 5 | 0 |
| 31 Dec 15 | 232 | 20 | 5 | 0 |
| 30 Sep 15 | 241 | 39 | 5 | 0 |
| 30 Jun 15 | 262 | 48 | 5 | 0 |
| 31 Mar 15 | 307 | 73 | 5 | 0 |
| 31 Dec 14 | 320 | 86 | 5 | 0 |
| 30 Sep 14 | 337 | 87 | 5 | 0 |
| 30 Jun 14 | 342 | 79 | 5 | 0 |
| 31 Mar 14 | 339 | 59 | 5 | 0 |
| 31 Dec 13 | 356 | 48 | 5 | 0 |
| 30 Sep 13 | 358 | 26 | 5 | 0 |
| 30 Jun 13 | 357 | 12 | 5 | 0 |
Quality Earnings: CRDE has high quality earnings.
Growing Profit Margin: CRDE's current net profit margins (13%) are lower than last year (13%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CRDE's earnings have grown significantly by 57.8% per year over the past 5 years.
Accelerating Growth: CRDE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CRDE had negative earnings growth (-18.2%) over the past year, making it difficult to compare to the Oil and Gas industry average (-21.7%).
Return on Equity
High ROE: CRDE's Return on Equity (33.2%) is considered high.