Fortress Real Estate Investments Past Earnings Performance
Past criteria checks 4/6
Fortress Real Estate Investments has been growing earnings at an average annual rate of 49.7%, while the Real Estate industry saw earnings growing at 21.2% annually. Revenues have been growing at an average rate of 4.8% per year. Fortress Real Estate Investments's return on equity is 16.6%, and it has net margins of 95.2%.
Key information
49.7%
Earnings growth rate
49.7%
EPS growth rate
Real Estate Industry Growth | 22.4% |
Revenue growth rate | 4.8% |
Return on equity | 16.6% |
Net Margin | 95.2% |
Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Fortress Real Estate Investments 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 | 6,393 | 6,088 | 341 | 0 |
30 Sep 23 | 6,284 | 6,003 | 309 | 0 |
30 Jun 23 | 6,175 | 5,917 | 278 | 0 |
31 Mar 23 | 5,818 | 3,991 | 273 | 0 |
31 Dec 22 | 5,460 | 2,065 | 269 | 0 |
30 Sep 22 | 5,077 | 1,421 | 266 | 0 |
30 Jun 22 | 4,693 | 778 | 264 | 0 |
31 Mar 22 | 4,543 | 2,251 | 258 | 0 |
31 Dec 21 | 4,394 | 3,725 | 253 | 0 |
30 Sep 21 | 4,167 | 3,539 | 250 | 0 |
30 Jun 21 | 3,939 | 3,353 | 247 | 0 |
31 Mar 21 | 3,262 | -2,329 | 262 | 0 |
31 Dec 20 | 2,584 | -8,010 | 277 | 0 |
30 Sep 20 | 3,031 | -8,190 | 269 | 0 |
30 Jun 20 | 3,477 | -8,369 | 261 | 0 |
31 Mar 20 | 4,365 | -2,640 | 318 | 0 |
31 Dec 19 | 5,252 | 3,090 | 376 | 0 |
30 Sep 19 | 5,217 | 2,854 | 360 | 0 |
30 Jun 19 | 5,182 | 2,618 | 345 | 0 |
31 Mar 19 | 5,490 | -5,003 | 241 | 0 |
31 Dec 18 | 5,799 | -12,623 | 137 | 0 |
30 Sep 18 | 5,673 | -8,764 | 124 | 0 |
30 Jun 18 | 5,547 | -4,904 | 110 | 0 |
31 Mar 18 | 4,974 | 2,987 | 111 | 0 |
31 Dec 17 | 4,400 | 10,879 | 111 | 0 |
30 Sep 17 | 4,467 | 7,650 | 117 | 0 |
30 Jun 17 | 4,534 | 4,420 | 123 | 0 |
31 Mar 17 | 4,782 | 4,210 | 128 | 0 |
31 Dec 16 | 5,030 | 4,001 | 134 | 0 |
30 Sep 16 | 3,909 | -686 | 119 | 0 |
30 Jun 16 | 2,788 | -5,372 | 105 | 0 |
31 Mar 16 | 2,073 | -5,648 | 77 | 0 |
31 Dec 15 | 1,358 | -5,924 | 50 | 0 |
30 Sep 15 | 1,467 | -1,463 | 44 | 0 |
30 Jun 15 | 1,576 | 2,997 | 37 | 0 |
31 Mar 15 | 1,300 | 2,658 | 37 | 0 |
31 Dec 14 | 1,023 | 2,318 | 37 | 0 |
30 Sep 14 | 1,008 | 2,057 | 35 | 0 |
30 Jun 14 | 993 | 1,796 | 33 | 0 |
31 Mar 14 | 878 | 1,838 | 29 | 0 |
31 Dec 13 | 763 | 1,879 | 26 | 0 |
30 Sep 13 | 729 | 1,792 | 26 | 0 |
30 Jun 13 | 694 | 1,706 | 26 | 0 |
Quality Earnings: FFB has a large one-off gain of ZAR2.8B impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: FFB's current net profit margins (95.2%) are higher than last year (37.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FFB has become profitable over the past 5 years, growing earnings by 49.7% per year.
Accelerating Growth: FFB's earnings growth over the past year (194.8%) exceeds its 5-year average (49.7% per year).
Earnings vs Industry: FFB earnings growth over the past year (194.8%) exceeded the Real Estate industry 23.4%.
Return on Equity
High ROE: FFB's Return on Equity (16.6%) is considered low.