Drax Group Past Earnings Performance
Past criteria checks 6/6
Drax Group has been growing earnings at an average annual rate of 56.8%, while the Renewable Energy industry saw earnings declining at 7.6% annually. Revenues have been growing at an average rate of 16.2% per year. Drax Group's return on equity is 28.3%, and it has net margins of 6.9%.
Key information
56.8%
Earnings growth rate
56.9%
EPS growth rate
| Renewable Energy Industry Growth | -5.8% |
| Revenue growth rate | 16.2% |
| Return on equity | 28.3% |
| Net Margin | 6.9% |
| Next Earnings Update | 26 Jul 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Drax Group 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 | 8,125 | 562 | 570 | 0 |
| 30 Sep 23 | 8,217 | 373 | 567 | 0 |
| 30 Jun 23 | 8,309 | 184 | 563 | 0 |
| 31 Mar 23 | 8,042 | 135 | 522 | 0 |
| 31 Dec 22 | 7,775 | 85 | 481 | 0 |
| 30 Sep 22 | 7,123 | 148 | 446 | 0 |
| 30 Jun 22 | 6,471 | 211 | 412 | 0 |
| 31 Mar 22 | 5,780 | 133 | 384 | 0 |
| 31 Dec 21 | 5,088 | 56 | 356 | 0 |
| 30 Sep 21 | 4,695 | -35 | 322 | 0 |
| 30 Jun 21 | 4,302 | -125 | 289 | 0 |
| 31 Mar 21 | 4,273 | -160 | 290 | 0 |
| 31 Dec 20 | 4,245 | -195 | 291 | 0 |
| 30 Jun 20 | 4,352 | -89 | 295 | 0 |
| 31 Mar 20 | 4,410 | -49 | 304 | 0 |
| 31 Dec 19 | 4,468 | -10 | 313 | 0 |
| 30 Sep 19 | 4,553 | 14 | 330 | 0 |
| 30 Jun 19 | 4,393 | 28 | 323 | 0 |
| 31 Mar 19 | 4,311 | 24 | 299 | 0 |
| 31 Dec 18 | 4,229 | 20 | 274 | 0 |
| 30 Sep 18 | 4,091 | -33 | 287 | 0 |
| 30 Jun 18 | 3,952 | -86 | 299 | 0 |
| 31 Mar 18 | 3,818 | -127 | 282 | 0 |
| 31 Dec 17 | 3,684 | -168 | 266 | 0 |
| 30 Sep 17 | 3,474 | -104 | 233 | 0 |
| 30 Jun 17 | 3,264 | -40 | 199 | 0 |
| 31 Mar 17 | 3,107 | 77 | 184 | 0 |
| 31 Dec 16 | 2,950 | 194 | 168 | 0 |
| 30 Sep 16 | 2,995 | 180 | 174 | 0 |
| 30 Jun 16 | 3,040 | 166 | 179 | 0 |
| 31 Mar 16 | 3,053 | 111 | 180 | 0 |
| 31 Dec 15 | 3,065 | 56 | 181 | 0 |
| 30 Sep 15 | 3,062 | 115 | 184 | 0 |
| 30 Jun 15 | 3,060 | 174 | 187 | 0 |
| 31 Mar 15 | 2,932 | 151 | 181 | 0 |
| 31 Dec 14 | 2,805 | 129 | 175 | 0 |
| 30 Sep 14 | 2,603 | 5 | 170 | 0 |
| 30 Jun 14 | 2,400 | -119 | 164 | 0 |
| 31 Mar 14 | 2,231 | -34 | 161 | 0 |
| 31 Dec 13 | 2,062 | 51 | 158 | 0 |
| 30 Sep 13 | 1,946 | 129 | 143 | 0 |
| 30 Jun 13 | 1,830 | 207 | 128 | 0 |
Quality Earnings: DRXG.F has high quality earnings.
Growing Profit Margin: DRXG.F's current net profit margins (6.9%) are higher than last year (1.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: DRXG.F's earnings have grown significantly by 56.8% per year over the past 5 years.
Accelerating Growth: DRXG.F's earnings growth over the past year (560.6%) exceeds its 5-year average (56.8% per year).
Earnings vs Industry: DRXG.F earnings growth over the past year (560.6%) exceeded the Renewable Energy industry 124.5%.
Return on Equity
High ROE: DRXG.F's Return on Equity (28.3%) is considered high.