Golden Growers Cooperative Past Earnings Performance
Past criteria checks 1/6
Golden Growers Cooperative's earnings have been declining at an average annual rate of -1.8%, while the Food industry saw earnings growing at 11.8% annually. Revenues have been growing at an average rate of 16.1% per year. Golden Growers Cooperative's return on equity is 20.2%, and it has net margins of 5.7%.
Key information
-1.8%
Earnings growth rate
-1.8%
EPS growth rate
| Food Industry Growth | 16.0% |
| Revenue growth rate | 16.1% |
| Return on equity | 20.2% |
| Net Margin | 5.7% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How Golden Growers Cooperative 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 | 94 | 5 | 1 | 0 |
| 30 Sep 23 | 103 | 6 | 1 | 0 |
| 30 Jun 23 | 108 | 6 | 1 | 0 |
| 31 Mar 23 | 114 | 6 | 1 | 0 |
| 31 Dec 22 | 114 | 7 | 1 | 0 |
| 30 Sep 22 | 110 | 7 | 1 | 0 |
| 30 Jun 22 | 108 | 8 | 1 | 0 |
| 31 Mar 22 | 106 | 9 | 1 | 0 |
| 31 Dec 21 | 98 | 8 | 0 | 0 |
| 30 Sep 21 | 91 | 7 | 0 | 0 |
| 30 Jun 21 | 82 | 7 | 0 | 0 |
| 31 Mar 21 | 65 | 6 | 0 | 0 |
| 31 Dec 20 | 56 | 6 | 1 | 0 |
| 30 Sep 20 | 54 | 6 | 1 | 0 |
| 30 Jun 20 | 56 | 6 | 1 | 0 |
| 31 Mar 20 | 61 | 7 | 1 | 0 |
| 31 Dec 19 | 62 | 7 | 1 | 0 |
| 30 Sep 19 | 62 | 7 | 1 | 0 |
| 30 Jun 19 | 60 | 7 | 1 | 0 |
| 31 Mar 19 | 58 | 7 | 1 | 0 |
| 31 Dec 18 | 57 | 6 | 1 | 0 |
| 30 Sep 18 | 57 | 7 | 1 | 0 |
| 30 Jun 18 | 57 | 8 | 1 | 0 |
| 31 Mar 18 | 56 | 9 | 1 | 0 |
| 31 Dec 17 | 60 | 9 | 1 | 0 |
| 30 Sep 17 | 56 | 8 | 1 | 0 |
| 30 Jun 17 | 58 | 7 | 1 | 0 |
| 31 Mar 17 | 58 | 6 | 1 | 0 |
| 31 Dec 16 | 58 | 5 | 1 | 0 |
| 30 Sep 16 | 59 | 5 | 1 | 0 |
| 30 Jun 16 | 58 | 5 | 1 | 0 |
| 31 Mar 16 | 60 | 5 | 1 | 0 |
| 31 Dec 15 | 62 | 5 | 1 | 0 |
| 30 Sep 15 | 64 | 5 | 1 | 0 |
| 30 Jun 15 | 65 | 4 | 1 | 0 |
| 31 Mar 15 | 65 | 5 | 1 | 0 |
| 31 Dec 14 | 67 | 5 | 1 | 0 |
| 30 Sep 14 | 67 | 5 | 1 | 0 |
| 30 Jun 14 | 74 | 5 | 1 | 0 |
| 31 Mar 14 | 83 | 5 | 1 | 0 |
| 31 Dec 13 | 89 | 5 | 1 | 0 |
| 30 Sep 13 | 101 | 5 | 1 | 0 |
| 30 Jun 13 | 101 | 5 | 1 | 0 |
Quality Earnings: GGRO.U has a high level of non-cash earnings.
Growing Profit Margin: GGRO.U's current net profit margins (5.7%) are lower than last year (5.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GGRO.U's earnings have declined by 1.8% per year over the past 5 years.
Accelerating Growth: GGRO.U's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GGRO.U had negative earnings growth (-20.2%) over the past year, making it difficult to compare to the Food industry average (8%).
Return on Equity
High ROE: GGRO.U's Return on Equity (20.2%) is considered high.