In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as iShares Trust - iShares 20+ Year Treasury Bond ETF has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Earnings and Revenue Growth Forecasts

NasdaqGM:TLT - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
2/28/2025	2,288	1,336	N/A	N/A	N/A
11/30/2024	2,137	2,109	N/A	N/A	N/A
8/31/2024	1,987	2,882	N/A	N/A	N/A
5/31/2024	1,777	758	N/A	N/A	N/A
2/29/2024	1,567	-1,365	N/A	N/A	N/A
11/30/2023	1,330	-2,518	N/A	N/A	N/A
8/31/2023	1,093	-3,672	N/A	N/A	N/A
5/31/2023	887	-4,976	N/A	N/A	N/A
2/28/2023	681	-6,280	N/A	N/A	N/A
8/31/2021	258	-1,442	N/A	N/A	N/A
5/31/2021	272	-1,330	N/A	N/A	N/A
2/28/2021	286	-1,217	N/A	N/A	N/A
11/30/2020	322	516	N/A	N/A	N/A
8/31/2020	358	2,248	N/A	N/A	N/A
5/31/2020	368	3,302	N/A	N/A	N/A
2/29/2020	377	4,357	N/A	N/A	N/A
11/30/2019	338	3,672	N/A	N/A	N/A
8/31/2019	300	2,988	N/A	N/A	N/A
5/31/2019	264	1,602	N/A	N/A	N/A
2/28/2019	227	217	N/A	N/A	N/A
11/30/2018	214	7	N/A	N/A	N/A
8/31/2018	200	-202	N/A	N/A	N/A
5/31/2018	196	-85	N/A	N/A	N/A
2/28/2018	192	32	N/A	N/A	N/A
11/30/2017	180	-170	N/A	N/A	N/A
8/31/2017	167	-372	N/A	N/A	N/A
5/31/2017	177	-254	N/A	N/A	N/A
2/28/2017	186	-136	N/A	N/A	N/A
11/30/2016	194	598	N/A	N/A	N/A
8/31/2016	202	1,332	N/A	N/A	N/A
5/31/2016	184	809	N/A	N/A	N/A
2/29/2016	165	286	N/A	N/A	N/A
11/30/2015	160	245	N/A	N/A	N/A
8/31/2015	155	203	N/A	N/A	N/A
5/31/2015	147	580	N/A	N/A	N/A
2/28/2015	140	957	N/A	N/A	N/A
11/30/2014	123	733	N/A	N/A	N/A
8/31/2014	106	509	N/A	N/A	N/A
5/31/2014	103	126	N/A	N/A	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if TLT's forecast earnings growth is above the savings rate (2.8%).

Earnings vs Market: Insufficient data to determine if TLT's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if TLT's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if TLT's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if TLT's revenue is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if TLT's Return on Equity is forecast to be high in 3 years time

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/19 22:10
End of Day Share Price	2025/05/16 00:00
Earnings	2025/02/28
Annual Earnings	2025/02/28

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 Github.

Analyst Sources

iShares Trust - iShares 20+ Year Treasury Bond ETF is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

iShares Trust - iShares 20+ Year Treasury Bond ETF Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Recent updates

U.S. Treasuries Could Be Further Downgraded, And Not Just Due To High Deficits

iShares Trust - iShares 20+ Year Treasury Bond ETF announces Monthly dividend, payable on May 06, 2025

TLT: Inflation Sparks A Unique, Huge Upside Play - Low-Risk, But Fleeting

The Fed Can't Save This One: Why Bonds May Break The Stock Market In 2025

TLT: An Unique Asymmetrical Opportunity

iShares Trust - iShares 20+ Year Treasury Bond ETF announces Monthly dividend, payable on April 04, 2025

Chart Of The Day: Buy Or Sell This 'Mystery' Fund?

The Trade War's Impact On Foreign Treasury Bond Investment

Chart Of The Day: The Divergence Of Bitcoin And Bonds

Brace For Volatility: 10Y Yields Are Pricing Stagflation

Trump Has De-Risked TLT: Everything Is Not What It Seems

Oil And Inflation Risks Could Send The TLT To New Lows

TLT: 2 Key Themes For A 2025 Recovery

Why TLT Looks Attractive Despite Trump Fears

Why Long Bond Exposure Is Prudent For 2025

TLTW: Bullish Bonds? Then Avoid TLTW

TLT: The Bessent Bottom?

Another Round In The TLT Vs. PGX Pair Trade

Fed Likely To Pause In December As Pre-Election Support Ends

TLT: A Strategic Play As Rate Cuts Loom In A Debt-Heavy Market

How The Treasury Issues $22 Trillion In Debt Each Year

TLT: What Is There To Like When The USA Is $35 Trillion In Debt?

TLT: Positioned For Upside During Fed Rate Cuts And Recession Risks

The TLT ETF Looks Ready To Break Out

Treasury Rally Enters Its Fourth Month

TLT And SCHQ - Potential Confirmation And Low-Cost Play

Is A Softer Trend In Interest Rates Coming? Why TLT Could Benefit

TLT: I Don't Love Bonds, But TLT Is Interesting For Appreciation And Generating Income

TLT: Why Surging U.S. Debt Levels Are Bullish For Bonds

The TLT May Drop Further Amid Higher Inflation And Term Premiums

TLT: Treasury Volatility Cools With Rate Cuts On The Horizon

TLT: Rebound In Inflation Remains A Threat, Model Says Yields Are Cheap

Real Yields And Real Returns

TLT: The Bond Rally Has More Room To Run

4 Major Catalysts For TLT In January

Buy TLT To Help Save Your Capital

ZROZ, TLT: Contrarians Are Locking In 3.5% Fixed For 30 Years

TLT, ZROZ: Duration Is A Double-Edged Sword

TLT: Holding My Nose And Buying Bonds

TLT: Long Bonds Are Signaling Peak Inflation (Technical Analysis)

Soaring Rates May Sink The TLT And TIP ETFs Even Further

Massive Opportunity For Bonds Is Coming

The Bond Bear Continues - Short TLT

A Hawkish Fed Could Be Good For TLT

TLT: If The Fed Blinks, Bonds Will Soar

Yes, 3% Treasuries Are A Bargain With 8% Inflation

Short The TLT ETF - Bonds Look To Challenge The October 2018 Low

Ignore Jobs, Buy Bonds

TLT: Our Outlook And Why We Do Not Do 40-60

TLT: Watch Out Below If Bond 'Support Wall' Cracks

Forget A Stock Market Crash, The Bond Market May Collapse First: Sell TLT

Still Long TLT

The Fed Speaks - Long TLT

Market Euphoria Reaches Fever Pitch As Economy Rolls Over

TLT: Federal Reserve Tapering May Cause A Large Bond Crash

TLT: Only To Lower Portfolio Volatility

TLT: Beware Of A Spike In Yields

TLT: Strong Gains Call For Profit Taking

TLT: Interest Rate Sensitivity And Conservative Model Portfolio