Sanlam Past Earnings Performance

Past criteria checks 4/6

Sanlam has been growing earnings at an average annual rate of 24%, while the Insurance industry saw earnings growing at 14.1% annually. Revenues have been growing at an average rate of 5.8% per year. Sanlam's return on equity is 19.9%, and it has net margins of 9.3%.

Key information

24.0%

Earnings growth rate

24.0%

EPS growth rate

Insurance Industry Growth	2.1%
Revenue growth rate	5.8%
Return on equity	19.9%
Net Margin	9.3%
Last Earnings Update	30 Jun 2024

Recent past performance updates

Recent updates

Sanlam Limited's (JSE:SLM) Business Is Trailing The Market But Its Shares Aren't

Apr 03

Sanlam Limited's (JSE:SLM) Share Price Could Signal Some Risk

Dec 18

We Ran A Stock Scan For Earnings Growth And Sanlam (JSE:SLM) Passed With Ease

Jun 21

Looking For Steady Income For Your Dividend Portfolio? Is Sanlam Limited (JSE:SLM) A Good Fit?

Mar 04

Did Sanlam Limited (JSE:SLM) Insiders Sell Shares?

Feb 08

What Is The Ownership Structure Like For Sanlam Limited (JSE:SLM)?

Jan 13

Does Sanlam Limited's (JSE:SLM) Weak Fundamentals Mean That The Market Could Correct Its Share Price?

Dec 23

Are Dividend Investors Making A Mistake With Sanlam Limited (JSE:SLM)?

Dec 02

Revenue & Expenses Breakdown

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

Earnings and Revenue History

JSE:SLM Revenue, expenses and earnings (ZAR Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	179,063	16,635	20,957
31 Mar 24	185,567	14,115	19,095
31 Dec 23	192,071	11,595	17,232
30 Sep 23	186,009	11,141	14,806
30 Jun 23	178,653	11,021	12,545
31 Mar 23	141,197	11,124	12,575
31 Dec 22	103,741	11,227	12,605
30 Sep 22	115,871	10,848	15,380
30 Jun 22	128,000	10,468	18,155
31 Mar 22	161,132	9,747	20,739
31 Dec 21	194,263	9,026	23,322
30 Sep 21	181,484	8,317	24,719
30 Jun 21	168,704	7,607	26,116
31 Mar 21	149,074	4,163	26,945
31 Dec 20	129,443	718	27,773
30 Sep 20	126,726	450	27,076
30 Jun 20	124,009	182	26,378
31 Mar 20	140,852	3,666	26,845
31 Dec 19	157,695	7,150	27,311
30 Sep 19	138,408	8,583	26,789
30 Jun 19	119,120	10,016	26,267
31 Mar 19	98,978	10,822	23,915
31 Dec 18	78,835	11,627	21,562
30 Sep 18	95,622	11,367	19,771
30 Jun 18	112,409	11,106	17,980
31 Mar 18	115,217	11,015	17,535
31 Dec 17	118,025	10,923	17,090
30 Sep 17	102,771	9,948	16,811
30 Jun 17	87,516	8,973	16,532
31 Mar 17	88,390	9,298	16,402
31 Dec 16	89,264	9,623	16,271
30 Sep 16	89,912	9,914	16,170
30 Jun 16	90,560	10,205	16,068
31 Mar 16	88,965	9,798	15,737
31 Dec 15	87,370	9,391	15,406
30 Sep 15	89,382	9,142	15,093
30 Jun 15	91,393	8,893	14,779
31 Mar 15	93,600	8,811	14,416
31 Dec 14	95,806	8,729	14,052
30 Sep 14	107,310	8,946	13,625
30 Jun 14	118,813	9,162	13,197
31 Mar 14	113,319	8,647	12,746
31 Dec 13	107,825	8,131	12,295

Quality Earnings: SLM has a high level of non-cash earnings.

Growing Profit Margin: SLM's current net profit margins (9.3%) are higher than last year (6.2%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: SLM's earnings have grown significantly by 24% per year over the past 5 years.

Accelerating Growth: SLM's earnings growth over the past year (50.9%) exceeds its 5-year average (24% per year).

Earnings vs Industry: SLM earnings growth over the past year (50.9%) exceeded the Insurance industry 23.9%.

Sanlam Past Earnings Performance

Past criteria checks 4/6

Key information

Recent past performance updates

Sanlam Limited to Report Q2, 2024 Results on Sep 05, 2024

Full year 2023 earnings released: EPS: R5.63 (vs R5.44 in FY 2022)

Sanlam Limited to Report Fiscal Year 2023 Results on Mar 07, 2024

Full year 2022 earnings released

First half 2022 earnings released: EPS: R2.74 (vs R1.80 in 1H 2021)

Sanlam Limited to Report Fiscal Year 2022 Results on Mar 09, 2023

Recent updates

Here's Why We Think Sanlam (JSE:SLM) Is Well Worth Watching

There's Reason For Concern Over Sanlam Limited's (JSE:SLM) Price

Sanlam Limited to Report Q2, 2024 Results on Sep 05, 2024

Pinning Down Sanlam Limited's (JSE:SLM) P/E Is Difficult Right Now

Investor sentiment improves as stock rises 16%

Sanlam Limited Announces Board and Committee Changes

Sanlam Limited's (JSE:SLM) Business Is Trailing The Market But Its Shares Aren't

Upcoming dividend of R4.00 per share

Full year 2023 earnings released: EPS: R5.63 (vs R5.44 in FY 2022)

Dividend of R4.00 announced

Sanlam Limited, Annual General Meeting, Jun 05, 2024

Sanlam Limited and Sanlam Life Insurance Limited Announce Resignation of Heinie Werth as Executive Director with Effect from 31 December 2023

Sanlam Limited's (JSE:SLM) Share Price Could Signal Some Risk

Sanlam Limited Appoints Nicolaas Kruger as Member of the Nominations Committee

Sanlam Limited Appoints Nicolaas Kruger as Member of the Nominations Committee

Price target increased by 10% to R75.33

New minor risk - Shareholder dilution

Sanlam Limited to Report Fiscal Year 2023 Results on Mar 07, 2024

We Ran A Stock Scan For Earnings Growth And Sanlam (JSE:SLM) Passed With Ease

Board Member recently sold R534k worth of stock

Upcoming dividend of R3.60 per share at 6.4% yield

Full year 2022 earnings released

BCorp in Talks MCIS Insurance for Asset Acquisition

Sanlam Limited, Annual General Meeting, Jun 07, 2023

Price target decreased to R68.47

Price target decreased to R68.47

Sanlam Limited (JSE:SLM) made an offer to acquire a 43.9% stake in AfroCentric Investment Corporation Limited (JSE:ACT).

First half 2022 earnings released: EPS: R2.74 (vs R1.80 in 1H 2021)

Sanlam Limited to Report Fiscal Year 2022 Results on Mar 09, 2023

Allianz SE (XTRA:ALV) agreed to acquire Sanlam Limited.

Sanlam Limited to Report Q1, 2022 Results on Jun 09, 2022

Upcoming dividend of R3.34 per share

Sanlam Limited and Sanlam Life Insurance Limited Announces the Retirement of Dr Rejoice Simelane from the Board of Directors

Brait PLC Reportedly Revives Plans to Exit Consol Glass

First half 2021 earnings released: EPS R1.80 (vs R1.71 loss in 1H 2020)

Sanlam Limited Provides Earnings Guidance for the Six Months Ended June 30, 2021

Upcoming dividend of R3.00 per share

Full year 2020 earnings released: EPS R1.39 (vs R3.46 in FY 2019)

New 90-day high: R64.05

Sanlam Limited Declares Cash Dividend for the Year Ended December 31, 2020, Payable on April 12, 2021

Looking For Steady Income For Your Dividend Portfolio? Is Sanlam Limited (JSE:SLM) A Good Fit?

Sanlam Limited, Annual General Meeting, Jun 09, 2021

Did Sanlam Limited (JSE:SLM) Insiders Sell Shares?

New 90-day high: R60.10

What Is The Ownership Structure Like For Sanlam Limited (JSE:SLM)?

New 90-day high: R58.75

Does Sanlam Limited's (JSE:SLM) Weak Fundamentals Mean That The Market Could Correct Its Share Price?

New 90-day high: R58.36

Sanlam Scouts Bidders for 52% Nucleus Stake

Are Dividend Investors Making A Mistake With Sanlam Limited (JSE:SLM)?

New 90-day low: R47.27

Sanlam Limited and Sanlam Life Insurance Limited Appoint Abigail Mukhuba as an Executive Director to the Board

Price target lowered to R69.00

New 90-day low: R50.75

African Rainbow Capital Proprietary Limited agreed to acquire 25% stake in Sanlam Investment Holdings Limited from Sanlam Limited (JSE:SLM) for ZAR 815 million.

First half earnings released

New 90-day low - R54.98

New 90-day high - R63.89

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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