iShares S&P/TSX Capped Information Technology Index ETF Past Earnings Performance
Past criteria checks 3/6
iShares S&P/TSX Capped Information Technology Index ETF's earnings have been declining at an average annual rate of -5.7%, while the Capital Markets industry saw earnings growing at 7.4% annually. Revenues have been declining at an average rate of 5.3% per year. iShares S&P/TSX Capped Information Technology Index ETF's return on equity is 35%, and it has net margins of 98.6%.
Key information
-5.7%
Earnings growth rate
-11.6%
EPS growth rate
| Capital Markets Industry Growth | 12.1% |
| Revenue growth rate | -5.3% |
| Return on equity | 35.0% |
| Net Margin | 98.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
No updates
Revenue & Expenses BreakdownBeta
How iShares S&P/TSX Capped Information Technology 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 | 231 | 227 | 3 | 0 |
| 30 Sep 23 | 211 | 208 | 3 | 0 |
| 30 Jun 23 | 191 | 188 | 3 | 0 |
| 31 Mar 23 | -16 | -18 | 3 | 0 |
| 31 Dec 22 | -222 | -225 | 3 | 0 |
| 30 Sep 22 | -239 | -242 | 3 | 0 |
| 30 Jun 22 | -256 | -259 | 3 | 0 |
| 31 Mar 22 | -87 | -91 | 3 | 0 |
| 31 Dec 21 | 81 | 78 | 3 | 0 |
| 30 Sep 21 | 113 | 110 | 3 | 0 |
| 30 Jun 21 | 144 | 142 | 3 | 0 |
| 31 Mar 21 | 140 | 137 | 3 | 0 |
| 31 Dec 20 | 136 | 133 | 2 | 0 |
| 30 Sep 20 | 121 | 119 | 2 | 0 |
| 30 Jun 20 | 106 | 105 | 2 | 0 |
| 31 Mar 20 | 95 | 94 | 1 | 0 |
| 31 Dec 19 | 85 | 84 | 1 | 0 |
| 30 Sep 19 | 66 | 65 | 1 | 0 |
| 30 Jun 19 | 48 | 47 | 1 | 0 |
| 31 Mar 19 | 28 | 27 | 1 | 0 |
| 31 Dec 18 | 7 | 6 | 1 | 0 |
| 30 Sep 18 | 15 | 15 | 1 | 0 |
| 30 Jun 18 | 23 | 23 | 1 | 0 |
| 31 Mar 18 | 17 | 16 | 0 | 0 |
| 31 Dec 17 | 10 | 9 | 0 | 0 |
| 30 Sep 17 | 10 | 9 | 0 | 0 |
| 30 Jun 17 | 10 | 10 | 0 | 0 |
| 31 Mar 17 | 6 | 6 | 0 | 0 |
| 31 Dec 16 | 2 | 1 | 0 | 0 |
| 30 Sep 16 | 2 | 2 | 0 | 0 |
| 30 Jun 16 | 2 | 2 | 0 | 0 |
| 31 Mar 16 | 2 | 2 | 0 | 0 |
| 31 Dec 15 | 3 | 3 | 0 | 0 |
| 30 Sep 15 | 3 | 3 | 0 | 0 |
| 30 Jun 15 | 4 | 3 | 0 | 0 |
| 31 Mar 15 | 7 | 6 | 0 | 0 |
| 31 Dec 14 | 10 | 10 | 0 | 0 |
| 30 Sep 14 | 9 | 9 | 0 | 0 |
| 30 Jun 14 | 8 | 8 | 0 | 0 |
| 31 Mar 14 | 9 | 8 | 0 | 0 |
| 31 Dec 13 | 9 | 9 | 0 | 0 |
| 30 Sep 13 | 7 | 9 | 0 | 0 |
| 30 Jun 13 | 5 | 9 | 0 | 0 |
Quality Earnings: XIT has high quality earnings.
Growing Profit Margin: XIT became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: XIT's earnings have declined by 5.7% per year over the past 5 years.
Accelerating Growth: XIT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: XIT 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: XIT's Return on Equity (35%) is considered high.