Block Past Earnings Performance

Past criteria checks 3/6

Block's earnings have been declining at an average annual rate of -1.5%, while the Diversified Financial industry saw earnings growing at 0.6% annually. Revenues have been growing at an average rate of 26.4% per year. Block's return on equity is 5.1%, and it has net margins of 4.4%.

Key information

-1.5%

Earnings growth rate

-9.0%

EPS growth rate

Diversified Financial Industry Growth9.1%
Revenue growth rate26.4%
Return on equity5.1%
Net Margin4.4%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Block makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

XTRA:SQ3 Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2423,8621,0533,9302,830
30 Jun 2423,5036813,9032,833
31 Mar 2422,8833834,0162,814
31 Dec 2321,916104,0302,721
30 Sep 2320,793-2063,9732,640
30 Jun 2319,692-1323,9102,474
31 Mar 2318,561-2383,7782,304
31 Dec 2217,532-5413,7292,136
30 Sep 2216,959-5043,4711,922
30 Jun 2216,288-4893,2661,735
31 Mar 2216,565-772,9341,532
31 Dec 2117,6611662,6001,384
30 Sep 2116,7425372,3041,247
30 Jun 2115,9315742,1301,114
31 Mar 2113,1743581,9101,001
31 Dec 209,4982131,689882
30 Sep 207,6523101,504804
30 Jun 205,8853031,267746
31 Mar 205,1353081,150711
31 Dec 194,7143751,062674
30 Sep 194,333-44972639
30 Jun 193,948-53909606
31 Mar 193,589-53833547
31 Dec 183,298-38750497
30 Sep 182,982-26679448
30 Jun 182,685-62608395
31 Mar 182,421-72550358
31 Dec 172,214-63504322
30 Sep 172,050-62463294
30 Jun 171,904-79431282
31 Mar 171,791-90400273
31 Dec 161,709-172378269
30 Sep 161,631-237359263
30 Jun 161,524-259337247
31 Mar 161,396-261309225
31 Dec 151,267-212289200
30 Sep 151,144-169261180
30 Jun 151,039-152234165
31 Mar 15936-158221153
31 Dec 14850-154206145
31 Dec 13552-10413383

Quality Earnings: SQ3 has high quality earnings.

Growing Profit Margin: SQ3 became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: SQ3 has become profitable over the past 5 years, growing earnings by -1.5% per year.

Accelerating Growth: SQ3 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: SQ3 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Diversified Financial industry (-11%).


Return on Equity

High ROE: SQ3's Return on Equity (5.1%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 15:55
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Block, Inc. is covered by 80 analysts. 38 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Oliver LesterArete Research Services LLP
Stephen BiggarArgus Research Company
null nullArgus Research Company