growth rate of eps.
what is the groth rate of an eps of 2.40 to 4.48 in the past 5 years...
4.48 - 2.40 = 2.08
2.08/ 2.4 = 0.87 = 87%
87/5 = 17.3% per year
To calculate the growth rate of EPS (Earnings Per Share) over a certain period, you need to follow these steps:
Step 1: Determine the initial EPS value. In this case, the initial EPS is 2.40.
Step 2: Determine the final EPS value. In this case, the final EPS is 4.48.
Step 3: Calculate the change in EPS. Subtract the initial EPS from the final EPS:
Change in EPS = Final EPS - Initial EPS
= 4.48 - 2.40
= 2.08
Step 4: Calculate the growth rate. Divide the change in EPS by the initial EPS, and then multiply by 100 to express the growth rate as a percentage:
Growth Rate = (Change in EPS / Initial EPS) * 100
= (2.08 / 2.40) * 100
= 86.7%
Therefore, the growth rate of EPS from 2.40 to 4.48 over the past 5 years is approximately 86.7%.