Refrigeration Electrical Engineering Past Earnings Performance
Past criteria checks 2/6
Refrigeration Electrical Engineering has been growing earnings at an average annual rate of 10.6%, while the Industrials industry saw earnings growing at 15% annually. Revenues have been growing at an average rate of 15.2% per year. Refrigeration Electrical Engineering's return on equity is 10.9%, and it has net margins of 23.9%.
Key information
10.6%
Earnings growth rate
10.7%
EPS growth rate
| Industrials Industry Growth | 11.7% |
| Revenue growth rate | 15.2% |
| Return on equity | 10.9% |
| Net Margin | 23.9% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Refrigeration Electrical Engineering 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 Mar 24 | 8,038,557 | 1,923,716 | 749,195 | 0 |
| 31 Dec 23 | 8,569,918 | 2,188,317 | 755,616 | 0 |
| 30 Sep 23 | 9,575,042 | 2,405,659 | 740,057 | 0 |
| 30 Jun 23 | 9,846,568 | 2,636,864 | 749,070 | 0 |
| 31 Mar 23 | 9,695,350 | 2,744,261 | 684,206 | 0 |
| 31 Dec 22 | 9,371,928 | 2,692,517 | 666,533 | 0 |
| 30 Sep 22 | 8,199,458 | 2,763,233 | 526,582 | 0 |
| 30 Jun 22 | 7,058,892 | 2,346,021 | 487,611 | 0 |
| 31 Mar 22 | 6,672,371 | 2,132,605 | 477,271 | 0 |
| 31 Dec 21 | 5,809,811 | 1,855,080 | 455,535 | 0 |
| 30 Sep 21 | 5,577,769 | 1,714,263 | 420,538 | 0 |
| 30 Jun 21 | 5,988,702 | 1,797,632 | 413,958 | 0 |
| 31 Mar 21 | 5,641,844 | 1,787,994 | 377,208 | 0 |
| 31 Dec 20 | 5,639,753 | 1,628,076 | 366,449 | 0 |
| 30 Sep 20 | 5,298,734 | 1,426,201 | 323,318 | 0 |
| 30 Jun 20 | 5,022,267 | 1,482,170 | 303,451 | 0 |
| 31 Mar 20 | 4,991,358 | 1,542,710 | 314,105 | 0 |
| 31 Dec 19 | 4,889,832 | 1,638,894 | 299,953 | 0 |
| 30 Sep 19 | 5,200,284 | 1,740,271 | 309,339 | 0 |
| 30 Jun 19 | 5,166,500 | 1,630,960 | 316,253 | 0 |
| 31 Mar 19 | 5,129,570 | 1,754,641 | 306,502 | 0 |
| 31 Dec 18 | 5,100,655 | 1,783,972 | 313,294 | 0 |
| 30 Sep 18 | 5,133,053 | 1,571,183 | 336,533 | 0 |
| 30 Jun 18 | 5,022,824 | 1,648,898 | 329,066 | 0 |
| 31 Mar 18 | 4,957,178 | 1,427,725 | 343,737 | 0 |
| 31 Dec 17 | 4,995,173 | 1,377,087 | 336,419 | 0 |
| 30 Sep 17 | 4,629,132 | 1,641,211 | 337,612 | 0 |
| 30 Jun 17 | 4,483,671 | 1,515,802 | 343,270 | 0 |
| 31 Mar 17 | 4,194,764 | 1,322,981 | 317,993 | 0 |
| 31 Dec 16 | 3,659,363 | 1,090,960 | 309,318 | 0 |
| 30 Sep 16 | 3,019,881 | 750,976 | 244,328 | 0 |
| 30 Jun 16 | 2,703,325 | 713,289 | 227,871 | 0 |
| 31 Mar 16 | 2,519,922 | 806,935 | 234,228 | 0 |
| 31 Dec 15 | 2,643,384 | 853,082 | 236,308 | 0 |
| 30 Sep 15 | 2,785,391 | 971,785 | 239,554 | 0 |
| 30 Jun 15 | 2,818,482 | 1,006,972 | 231,313 | 0 |
| 31 Mar 15 | 2,753,931 | 975,140 | 193,352 | 0 |
| 31 Dec 14 | 2,629,386 | 1,061,971 | 176,694 | 0 |
| 30 Sep 14 | 2,554,853 | 817,365 | 184,433 | 0 |
| 30 Jun 14 | 2,461,410 | 773,756 | 172,435 | 0 |
| 31 Mar 14 | 2,452,478 | 822,809 | 218,215 | 0 |
| 31 Dec 13 | 2,413,407 | 975,819 | 215,780 | 0 |
| 30 Sep 13 | 2,343,690 | 1,004,416 | 204,745 | 0 |
| 30 Jun 13 | 2,334,984 | 892,136 | 217,327 | 0 |
Quality Earnings: REE has high quality earnings.
Growing Profit Margin: REE's current net profit margins (23.9%) are lower than last year (28.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: REE's earnings have grown by 10.6% per year over the past 5 years.
Accelerating Growth: REE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: REE had negative earnings growth (-29.9%) over the past year, making it difficult to compare to the Industrials industry average (-7.4%).
Return on Equity
High ROE: REE's Return on Equity (10.9%) is considered low.