iShares Core S&P 500 Index ETF (CAD-Hedged) Past Earnings Performance
Past criteria checks 4/6
iShares Core S&P 500 Index ETF (CAD-Hedged) has been growing earnings at an average annual rate of 2.5%, while the Capital Markets industry saw earnings growing at 7.4% annually. Revenues have been growing at an average rate of 3.6% per year. iShares Core S&P 500 Index ETF (CAD-Hedged)'s return on equity is 20.2%, and it has net margins of 107.4%.
Key information
2.5%
Earnings growth rate
0.2%
EPS growth rate
| Capital Markets Industry Growth | 12.1% |
| Revenue growth rate | 3.6% |
| Return on equity | 20.2% |
| Net Margin | 107.4% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
No updates
Revenue & Expenses BreakdownBeta
How iShares Core S&P 500 Index ETF (CAD-Hedged) 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 | 1,669 | 1,793 | 5 | 0 |
| 30 Sep 23 | 1,615 | 1,550 | 5 | 0 |
| 31 Dec 22 | -1,070 | -1,659 | 5 | 0 |
| 30 Sep 22 | -818 | -1,295 | 5 | 0 |
| 30 Jun 22 | -566 | -932 | 5 | 0 |
| 31 Mar 22 | 635 | 450 | 5 | 0 |
| 31 Dec 21 | 1,836 | 1,831 | 5 | 0 |
| 30 Sep 21 | 1,719 | 1,982 | 5 | 0 |
| 30 Jun 21 | 1,602 | 2,134 | 4 | 0 |
| 31 Mar 21 | 1,280 | 1,593 | 4 | 0 |
| 31 Dec 20 | 958 | 1,053 | 4 | 0 |
| 30 Sep 20 | 789 | 713 | 3 | 0 |
| 30 Jun 20 | 620 | 372 | 3 | 0 |
| 31 Mar 20 | 816 | 773 | 3 | 0 |
| 31 Dec 19 | 1,012 | 1,174 | 3 | 0 |
| 30 Sep 19 | 714 | 767 | 3 | 0 |
| 30 Jun 19 | 415 | 360 | 3 | 0 |
| 31 Mar 19 | 295 | 45 | 3 | 0 |
| 31 Dec 18 | 174 | -269 | 3 | 0 |
| 30 Sep 18 | 386 | 113 | 3 | 0 |
| 30 Jun 18 | 599 | 495 | 3 | 0 |
| 31 Mar 18 | 554 | 625 | 3 | 0 |
| 31 Dec 17 | 509 | 755 | 3 | 0 |
| 30 Sep 17 | 564 | 677 | 3 | 0 |
| 30 Jun 17 | 618 | 600 | 2 | 0 |
| 31 Mar 17 | 476 | 504 | 2 | 0 |
| 31 Dec 16 | 333 | 407 | 2 | 0 |
| 30 Sep 16 | 300 | 270 | 1 | 0 |
| 30 Jun 16 | 267 | 133 | 1 | 0 |
| 31 Mar 16 | 416 | 76 | 1 | 0 |
| 31 Dec 15 | 564 | 19 | 1 | 0 |
| 30 Sep 15 | 575 | 97 | 1 | 0 |
| 30 Jun 15 | 586 | 176 | 1 | 0 |
| 31 Mar 15 | 540 | 234 | 1 | 0 |
| 31 Dec 14 | 493 | 291 | 1 | 0 |
| 30 Sep 14 | 470 | 361 | 2 | 0 |
| 30 Jun 14 | 448 | 430 | 3 | 0 |
| 31 Mar 14 | 534 | 467 | 3 | 0 |
| 31 Dec 13 | 620 | 505 | 3 | 0 |
| 30 Sep 13 | 475 | 406 | 3 | 0 |
| 30 Jun 13 | 330 | 307 | 3 | 0 |
Quality Earnings: XSP has high quality earnings.
Growing Profit Margin: XSP became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: XSP has become profitable over the past 5 years, growing earnings by 2.5% per year.
Accelerating Growth: XSP has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: XSP 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: XSP's Return on Equity (20.2%) is considered high.