CTT - Correios De Portugal Past Earnings Performance

Past criteria checks 3/6

CTT - Correios De Portugal has been growing earnings at an average annual rate of 19.7%, while the Logistics industry saw earnings growing at 18.8% annually. Revenues have been growing at an average rate of 8% per year. CTT - Correios De Portugal's return on equity is 18.1%, and it has net margins of 5%.

Key information

19.7%

Earnings growth rate

20.8%

EPS growth rate

Logistics Industry Growth	19.0%
Revenue growth rate	8.0%
Return on equity	18.1%
Net Margin	5.0%
Next Earnings Update	29 Jul 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How CTT - Correios De Portugal makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OTCPK:CTTP.Y Revenue, expenses and earnings (EUR Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 24	1,032	52	428
31 Dec 23	1,011	61	398
30 Sep 23	971	44	368
30 Jun 23	952	48	356
31 Mar 23	908	47	347
31 Dec 22	901	36	347
30 Sep 22	894	40	347
30 Jun 22	878	36	343
31 Mar 22	870	35	343
31 Dec 21	841	38	333
30 Sep 21	818	39	315
30 Jun 21	802	36	298
31 Mar 21	764	22	280
31 Dec 20	739	17	262
30 Sep 20	728	11	255
30 Jun 20	727	18	253
31 Mar 20	736	29	252
31 Dec 19	733	29	251
30 Sep 19	719	33	245
30 Jun 19	704	23	238
31 Mar 19	704	19	236
31 Dec 18	704	21	232
30 Sep 18	704	19	228
30 Jun 18	696	17	235
31 Mar 18	688	23	242
31 Dec 17	690	27	243
30 Sep 17	684	36	236
30 Jun 17	683	48	228
31 Mar 17	682	52	224
31 Dec 16	676	62	223
30 Sep 16	681	67	230
30 Jun 16	686	65	235
31 Mar 16	693	70	225
31 Dec 15	709	72	225
30 Sep 15	726	75	229
30 Jun 15	733	80	228
31 Mar 15	734	81	233
31 Dec 14	711	77	235
30 Sep 14	695	68	235
30 Jun 14	690	65	237
31 Mar 14	687	61	239
31 Dec 13	699	61	240
30 Sep 13	701	46	243
30 Jun 13	697	31	241

Quality Earnings: CTTP.Y has high quality earnings.

Growing Profit Margin: CTTP.Y's current net profit margins (5%) are lower than last year (5.2%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: CTTP.Y's earnings have grown by 19.7% per year over the past 5 years.

Accelerating Growth: CTTP.Y's earnings growth over the past year (9.9%) is below its 5-year average (19.7% per year).

Earnings vs Industry: CTTP.Y earnings growth over the past year (9.9%) exceeded the Logistics industry -44.8%.

Return on Equity

High ROE: CTTP.Y's Return on Equity (18.1%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/05/06 02:31
End of Day Share Price	2024/02/07 00:00
Earnings	2024/03/31
Annual Earnings	2023/12/31

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 here.

Analysis Model and Snowflake

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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 .

Analyst Sources

CTT - Correios De Portugal, S.A. is covered by 15 analysts. 3 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
Bruno Silva	Banco BPI, S.A.
Filipe Leite	Banco BPI, S.A.
Joao Safara Silva	Banco Santander