iShares Core Canadian Universe Bond Index ETF Past Earnings Performance
Past criteria checks 2/6
iShares Core Canadian Universe Bond Index ETF's earnings have been declining at an average annual rate of -24.8%, while the Capital Markets industry saw earnings growing at 7.4% annually. Revenues have been declining at an average rate of 24.5% per year. iShares Core Canadian Universe Bond Index ETF's return on equity is 6.1%, and it has net margins of 98.8%.
Key information
-24.8%
Earnings growth rate
-33.4%
EPS growth rate
| Capital Markets Industry Growth | 12.1% |
| Revenue growth rate | -24.5% |
| Return on equity | 6.1% |
| Net Margin | 98.8% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
No updates
Revenue & Expenses BreakdownBeta
How iShares Core Canadian Universe Bond Index ETF 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 | 434 | 429 | 5 | 0 |
| 30 Sep 23 | 292 | 287 | 5 | 0 |
| 30 Jun 23 | 149 | 144 | 5 | 0 |
| 31 Mar 23 | -214 | -219 | 5 | 0 |
| 31 Dec 22 | -577 | -582 | 5 | 0 |
| 30 Sep 22 | -567 | -571 | 5 | 0 |
| 30 Jun 22 | -556 | -561 | 5 | 0 |
| 31 Mar 22 | -333 | -337 | 5 | 0 |
| 31 Dec 21 | -110 | -114 | 5 | 0 |
| 30 Sep 21 | -108 | -112 | 5 | 0 |
| 30 Jun 21 | -106 | -110 | 5 | 0 |
| 31 Mar 21 | 121 | 116 | 4 | 0 |
| 31 Dec 20 | 348 | 343 | 4 | 0 |
| 30 Sep 20 | 325 | 321 | 4 | 0 |
| 30 Jun 20 | 303 | 299 | 4 | 0 |
| 31 Mar 20 | 236 | 233 | 3 | 0 |
| 31 Dec 19 | 169 | 166 | 3 | 0 |
| 30 Sep 19 | 174 | 172 | 3 | 0 |
| 30 Jun 19 | 179 | 177 | 2 | 0 |
| 31 Mar 19 | 102 | 100 | 2 | 0 |
| 31 Dec 18 | 25 | 23 | 2 | 0 |
| 30 Sep 18 | 19 | 17 | 2 | 0 |
| 30 Jun 18 | 13 | 11 | 2 | 0 |
| 31 Mar 18 | 34 | 31 | 3 | 0 |
| 31 Dec 17 | 55 | 51 | 4 | 0 |
| 30 Sep 17 | 28 | 23 | 5 | 0 |
| 30 Jun 17 | 1 | -5 | 7 | 0 |
| 31 Mar 17 | 18 | 11 | 7 | 0 |
| 31 Dec 16 | 34 | 27 | 7 | 0 |
| 30 Sep 16 | 69 | 62 | 7 | 0 |
| 30 Jun 16 | 105 | 98 | 7 | 0 |
| 31 Mar 16 | 82 | 75 | 6 | 0 |
| 31 Dec 15 | 59 | 53 | 6 | 0 |
| 30 Sep 15 | 78 | 72 | 6 | 0 |
| 30 Jun 15 | 98 | 92 | 6 | 0 |
| 31 Mar 15 | 114 | 109 | 5 | 0 |
| 31 Dec 14 | 131 | 126 | 5 | 0 |
| 30 Sep 14 | 105 | 99 | 5 | 0 |
| 30 Jun 14 | 78 | 73 | 5 | 0 |
| 31 Mar 14 | 27 | 21 | 6 | 0 |
| 31 Dec 13 | -25 | -31 | 6 | 0 |
| 30 Jun 13 | 4 | -8 | 7 | 0 |
Quality Earnings: XBB has high quality earnings.
Growing Profit Margin: XBB became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: XBB's earnings have declined by 24.8% per year over the past 5 years.
Accelerating Growth: XBB has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: XBB has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (7.2%).
Return on Equity
High ROE: XBB's Return on Equity (6.1%) is considered low.