iShares Trust - iShares Preferred and Income Securities ETF Past Earnings Performance
Past criteria checks 1/6
iShares Trust - iShares Preferred and Income Securities ETF's earnings have been declining at an average annual rate of -23%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been declining at an average rate of 0.9% per year. iShares Trust - iShares Preferred and Income Securities ETF's return on equity is 1.7%, and it has net margins of 24.4%.
Key information
-23.0%
Earnings growth rate
-967.0%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | -0.9% |
| Return on equity | 1.7% |
| Net Margin | 24.4% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
No updates
Recent updates
PFF: Attractive 6.5% Yield To Diversify, While Introducing Price Appreciation Potential
Apr 09PFF: 4 Reasons To Exit Preferred Share Fund
Jan 22PFF: Preferred Shares Investing Attractiveness
Aug 08PFF: Reasonable Preferred Shares ETF, But Better Choices Out There
May 29PFF: Preferred Equities' Downside Potential Grows With Commodity-Shock
Mar 25PFF: A Deep Dive Into This Preferred Stock ETF
Feb 24PFF: Preferred Equities Are Riskier Than Common Stocks Today
Dec 15PFF: Yield Spread And Leveraged Model Portfolio
Jul 26iShares Preferred And Income Securities ETF: Consistency Is Key
Jun 13iShares Preferred And Income Securities ETF: Reasonably Bullish
Dec 28Revenue & Expenses BreakdownBeta
How iShares Trust - iShares Preferred and Income Securities 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 |
|---|---|---|---|---|
| 30 Sep 23 | 891 | 217 | 61 | 0 |
| 30 Jun 23 | 905 | -674 | 64 | 0 |
| 31 Mar 23 | 919 | -1,565 | 67 | 0 |
| 31 Dec 22 | 932 | -2,137 | 74 | 0 |
| 30 Sep 22 | 945 | -2,709 | 80 | 0 |
| 30 Jun 22 | 960 | -1,440 | 84 | 0 |
| 31 Mar 22 | 976 | -171 | 88 | 0 |
| 31 Dec 21 | 971 | 962 | 87 | 0 |
| 30 Sep 21 | 966 | 2,094 | 86 | 0 |
| 30 Jun 21 | 945 | 2,982 | 82 | 0 |
| 31 Mar 21 | 924 | 3,870 | 79 | 0 |
| 31 Dec 20 | 924 | 2,007 | 77 | 0 |
| 30 Sep 20 | 925 | 144 | 75 | 0 |
| 30 Jun 20 | 922 | -696 | 75 | 0 |
| 31 Mar 20 | 920 | -1,536 | 75 | 0 |
| 31 Dec 19 | 915 | -309 | 72 | 0 |
| 30 Sep 19 | 910 | 917 | 69 | 0 |
| 30 Jun 19 | 935 | 640 | 70 | 0 |
| 31 Mar 19 | 960 | 363 | 72 | 0 |
| 31 Dec 18 | 995 | 248 | 75 | 0 |
| 30 Sep 18 | 1,029 | 133 | 79 | 0 |
| 30 Jun 18 | 1,051 | 271 | 81 | 0 |
| 31 Mar 18 | 1,073 | 408 | 83 | 0 |
| 31 Dec 17 | 1,069 | 552 | 82 | 0 |
| 30 Sep 17 | 1,064 | 695 | 82 | 0 |
| 30 Jun 17 | 1,038 | 728 | 80 | 0 |
| 31 Mar 17 | 1,012 | 762 | 78 | 0 |
| 31 Mar 16 | 848 | 381 | 64 | 0 |
| 31 Mar 15 | 697 | 941 | 51 | 0 |
| 31 Mar 14 | 661 | 153 | 47 | 0 |
Quality Earnings: PFF has a large one-off loss of $613.2M impacting its last 12 months of financial results to 30th September, 2023.
Growing Profit Margin: PFF became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PFF's earnings have declined by 23% per year over the past 5 years.
Accelerating Growth: PFF has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PFF has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (3.3%).
Return on Equity
High ROE: PFF's Return on Equity (1.7%) is considered low.