PIMCO Municipal Income Fund III Past Earnings Performance
Past criteria checks 1/6
PIMCO Municipal Income Fund III's earnings have been declining at an average annual rate of -41.2%, while the Capital Markets industry saw earnings growing at 10% annually. Revenues have been declining at an average rate of 7.8% per year. PIMCO Municipal Income Fund III's return on equity is 7.4%, and it has net margins of 96.2%.
Key information
-41.2%
Earnings growth rate
-41.3%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | -7.8% |
| Return on equity | 7.4% |
| Net Margin | 96.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
PMX: Momentum And Relative Valuation Continue To Make This Muni Fund A Buy
Feb 23PIMCO Municipal Income Fund III: A Solid Closed-End Fund Holding
Feb 05PMX: Relative Value And High Yield Could Make A Buy For Right Investor
Aug 29PIMCO Municipal Income Fund III declares $0.033 dividend
Feb 09PIMCO Municipal Income Fund III declares $0.046 dividend
Dec 08PIMCO Municipal Income Fund III declares $0.046 dividend
Nov 04PIMCO Has 3 National Muni CEFs; PMX Is The Best Value Right Now
Oct 11PIMCO Municipal Income Fund III declares $0.046 dividend
Oct 03PIMCO Municipal Income Fund III declares $0.046 dividend
Sep 02PIMCO Municipal Income Fund III goes ex-dividend tomorrow
Jul 07PIMCO Municipal Income Fund III declares $0.046 dividend
May 07PIMCO Municipal Income Fund III declares $0.046 dividend
Jan 04PMX: Be Careful Not To Overpay For Munis Right Now
Dec 18PIMCO Municipal Income Fund III declares $0.08 dividend
Dec 08PIMCO Municipal Income Fund III declares $0.046 dividend
Dec 02PIMCO Municipal Income Fund III declares $0.046 dividend
Nov 04Revenue & Expenses BreakdownBeta
How PIMCO Municipal Income Fund III 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 | 22 | 21 | 4 | 0 |
| 30 Sep 23 | 23 | 11 | 4 | 0 |
| 30 Jun 23 | 23 | 0 | 3 | 0 |
| 31 Mar 23 | 24 | -47 | 4 | 0 |
| 31 Dec 22 | 24 | -95 | 4 | 0 |
| 30 Sep 22 | 25 | -86 | 4 | 0 |
| 30 Jun 22 | 25 | -78 | 4 | 0 |
| 31 Mar 22 | 25 | -29 | 4 | 0 |
| 31 Dec 21 | 25 | 20 | 4 | 0 |
| 30 Sep 21 | 25 | 31 | 4 | 0 |
| 30 Jun 21 | 25 | 41 | 4 | 0 |
| 31 Mar 21 | 26 | 30 | 4 | 0 |
| 31 Dec 20 | 26 | 19 | 4 | 0 |
| 30 Sep 20 | 28 | 15 | 4 | 0 |
| 30 Jun 20 | 29 | 10 | 4 | 0 |
| 31 Mar 20 | 30 | 29 | 4 | 0 |
| 31 Dec 19 | 31 | 49 | 4 | 0 |
| 30 Sep 19 | 32 | 41 | 4 | 0 |
| 30 Jun 19 | 32 | 33 | 4 | 0 |
| 31 Mar 19 | 32 | 18 | 4 | 0 |
| 31 Dec 18 | 32 | 2 | 4 | 0 |
| 30 Sep 18 | 31 | 8 | 4 | 0 |
| 30 Jun 18 | 30 | 14 | 4 | 0 |
| 31 Mar 18 | 30 | 25 | 4 | 0 |
| 31 Dec 17 | 30 | 35 | 4 | 0 |
| 30 Sep 17 | 30 | 16 | 4 | 0 |
| 30 Jun 17 | 31 | -2 | 4 | 0 |
| 31 Mar 17 | 30 | 4 | 4 | 0 |
| 31 Dec 16 | 30 | 9 | 4 | 0 |
| 31 Dec 15 | 31 | 57 | 4 | 0 |
| 30 Sep 15 | 30 | 28 | 4 | 0 |
| 30 Jun 15 | 30 | 42 | 4 | 0 |
| 31 Mar 15 | 29 | 57 | 4 | 0 |
| 31 Dec 14 | 29 | 61 | 4 | 0 |
| 30 Sep 14 | 29 | 65 | 4 | 0 |
| 30 Jun 14 | 29 | 30 | 4 | 0 |
| 31 Mar 14 | 28 | -4 | 4 | 0 |
| 31 Dec 13 | 29 | -12 | 4 | 0 |
| 30 Sep 13 | 29 | -20 | 4 | 0 |
| 30 Jun 13 | 30 | 15 | 4 | 0 |
Quality Earnings: PMX has a large one-off gain of $13.9M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: PMX became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PMX's earnings have declined by 41.2% per year over the past 5 years.
Accelerating Growth: PMX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PMX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (-2.3%).
Return on Equity
High ROE: PMX's Return on Equity (7.4%) is considered low.