Altus Power Past Earnings Performance
Past criteria checks 1/6
Altus Power has been growing earnings at an average annual rate of 15.2%, while the Renewable Energy industry saw earnings growing at 14.9% annually. Revenues have been growing at an average rate of 34.3% per year. Altus Power's return on equity is 1%, and it has net margins of 19.1%.
Key information
15.2%
Earnings growth rate
-1.6%
EPS growth rate
| Renewable Energy Industry Growth | -5.8% |
| Revenue growth rate | 34.3% |
| Return on equity | 1.0% |
| Net Margin | 19.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Beyond Lackluster Earnings: Potential Concerns For Altus Power's (NYSE:AMPS) Shareholders
Nov 19
Subdued Growth No Barrier To Altus Power, Inc. (NYSE:AMPS) With Shares Advancing 25%
Nov 14Altus Power: A Bright Future Amid Looming Debt Challenges
Oct 13Is Altus Power (NYSE:AMPS) Using Too Much Debt?
Oct 11Why We're Not Concerned Yet About Altus Power, Inc.'s (NYSE:AMPS) 30% Share Price Plunge
Aug 11Should You Investigate Altus Power, Inc. (NYSE:AMPS) At US$3.16?
Aug 10Altus Power (NYSE:AMPS) Use Of Debt Could Be Considered Risky
Jul 12Altus Power: Valuable Partnerships And Competitive Advantage To Outperform
Mar 16Altus Power, Inc.'s (NYSE:AMPS) 31% Jump Shows Its Popularity With Investors
Feb 16Altus Power: Unico Solar Acquisition Should Accelerate Growth
Dec 23Altus Power, Inc.'s (NYSE:AMPS) 29% Jump Shows Its Popularity With Investors
Dec 16Altus Power: H2 2023 EBITDA Guidance Is Achievable And FY24 Outlook Is Positive
Sep 15Altus Power: Assessing An Alt-Energy Play
Jul 26Altus Power: Incredible EBITDA Growth Ahead Ignited By Expansion
Jul 01Altus Power Shows Renewed Vigor
Jan 11Altus Power to acquire 220 MW of construction solar assets for $293M
Dec 27Altus Power, Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Nov 17Revenue & Expenses Breakdown
How Altus Power 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 Sep 24 | 186 | 35 | 47 | 0 |
| 30 Jun 24 | 172 | 23 | 45 | 0 |
| 31 Mar 24 | 166 | -7 | 52 | 0 |
| 31 Dec 23 | 155 | -9 | 47 | 0 |
| 30 Sep 23 | 148 | 85 | 43 | 0 |
| 30 Jun 23 | 133 | -16 | 40 | 0 |
| 31 Mar 23 | 111 | 1 | 37 | 0 |
| 31 Dec 22 | 101 | 55 | 34 | 0 |
| 30 Sep 22 | 96 | -5 | 28 | 0 |
| 30 Jun 22 | 86 | 90 | 26 | 0 |
| 31 Mar 22 | 79 | 65 | 20 | 0 |
| 31 Dec 21 | 72 | 6 | 17 | 0 |
| 30 Sep 21 | 61 | 9 | 16 | 0 |
| 30 Jun 21 | 54 | 7 | 14 | 0 |
| 31 Mar 21 | 48 | 5 | 12 | 0 |
| 31 Dec 20 | 45 | 7 | 10 | 0 |
| 31 Dec 19 | 37 | -6 | 9 | 0 |
Quality Earnings: AMPS has a large one-off gain of $17.1M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: AMPS's current net profit margins (19.1%) are lower than last year (57.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AMPS's earnings have grown by 15.2% per year over the past 5 years.
Accelerating Growth: AMPS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AMPS had negative earnings growth (-58.3%) over the past year, making it difficult to compare to the Renewable Energy industry average (11.2%).
Return on Equity
High ROE: AMPS's Return on Equity (1%) is considered low.