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Novelis Past Earnings Performance

Past criteria checks 3/6

Novelis has been growing earnings at an average annual rate of 12%, while the Metals and Mining industry saw earnings growing at 24.7% annually. Revenues have been growing at an average rate of 11% per year. Novelis's return on equity is 15.7%, and it has net margins of 3.7%.

Key information

11.95%

Earnings growth rate

n/a

EPS growth rate

Metals and Mining Industry Growth	26.40%
Revenue growth rate	10.97%
Return on equity	15.75%
Net Margin	3.70%
Last Earnings Update	31 Mar 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Novelis makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:NVL Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses	R&D Expenses
31 Mar 24	16,210	600	714	98
31 Dec 23	16,530	590	708	98
30 Sep 23	16,796	481	684	97
30 Jun 23	17,488	508	684	97
31 Mar 23	18,486	660	675	95
31 Dec 22	18,938	720	683	93
30 Sep 22	19,063	967	675	93
30 Jun 22	18,383	1,022	633	91
31 Mar 22	17,149	1,017	626	92
31 Dec 21	15,931	981	608	94
30 Sep 21	14,846	916	608	91
30 Jun 21	13,705	821	609	88
31 Mar 21	12,276	457	584	83
31 Dec 20	11,371	340	522	83
30 Sep 20	10,845	253	505	84
30 Jun 20	10,718	232	496	84
31 Mar 20	11,217	420	532	84
31 Dec 19	11,575	460	532	80
30 Sep 19	11,869	431	522	77
30 Jun 19	12,154	424	519	76
31 Mar 19	12,326	434	502	72
31 Dec 18	12,308	437	498	66
30 Sep 18	12,232	480	491	65
30 Jun 18	11,890	671	482	64
31 Mar 18	11,462	635	466	64
31 Dec 17	11,017	576	459	65
30 Sep 17	10,397	518	440	62
30 Jun 17	9,964	122	430	60
31 Mar 17	9,591	45	396	58
31 Dec 16	9,372	27	406	56
30 Sep 16	9,413	-30	407	55
30 Jun 16	9,534	46	399	54
31 Mar 16	9,872	-38	407	54
31 Dec 15	10,259	-38	412	51
30 Sep 15	10,752	2	416	52
30 Jun 15	11,101	53	419	51
31 Mar 15	11,147	148	427	50
31 Dec 14	10,907	173	436	49
30 Sep 14	10,463	140	443	47
30 Jun 14	10,046	125	449	47
31 Mar 14	9,767	104	461	45
31 Dec 13	9,718	109	437	44
30 Sep 13	9,636	99	423	43
30 Jun 13	9,663	125	416	44

Quality Earnings: NVL has high quality earnings.

Growing Profit Margin: NVL's current net profit margins (3.7%) are higher than last year (3.6%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: NVL's earnings have grown by 12% per year over the past 5 years.

Accelerating Growth: NVL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: NVL had negative earnings growth (-9.1%) over the past year, making it difficult to compare to the Metals and Mining industry average (-29.4%).

Return on Equity

High ROE: NVL's Return on Equity (15.7%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/06/06 06:16
End of Day Share Price	2024/06/06 00:00
Earnings	2024/03/31
Annual Earnings	2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Novelis Inc. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Vikash Singh	PhillipCapital (India)