TCW Strategic Income Fund Past Earnings Performance
Past criteria checks 1/6
TCW Strategic Income Fund's earnings have been declining at an average annual rate of -22.4%, while the Capital Markets industry saw earnings growing at 8.9% annually. Revenues have been declining at an average rate of 2.9% per year. TCW Strategic Income Fund's return on equity is 9.3%, and it has net margins of 139.7%.
Key information
-22.4%
Earnings growth rate
-22.5%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | -2.9% |
| Return on equity | 9.3% |
| Net Margin | 139.7% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
TSI: Time To Buy Mortgages
Jul 09TCW Strategic Income Fund declares $0.06 dividend & special year-end distribution of $0.0125
Dec 16TCW Strategic Income Fund declares $0.06 dividend
Sep 16TSI: Old School Fixed Income CEF
Sep 07TCW Strategic Income Fund declares $0.055 dividend
Jun 16TCW Strategic Income Fund cuts dividend by ~41%
Dec 17Revenue & Expenses BreakdownBeta
How TCW Strategic Income Fund 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 | 16 | 23 | 2 | 0 |
| 30 Sep 23 | 15 | 16 | 2 | 0 |
| 30 Jun 23 | 15 | 9 | 2 | 0 |
| 31 Mar 23 | 15 | -6 | 2 | 0 |
| 31 Dec 22 | 15 | -20 | 2 | 0 |
| 30 Sep 22 | 16 | -20 | 3 | 0 |
| 30 Jun 22 | 16 | -20 | 3 | 0 |
| 31 Mar 22 | 17 | -5 | 3 | 0 |
| 31 Dec 21 | 18 | 10 | 3 | 0 |
| 30 Sep 21 | 17 | 18 | 3 | 0 |
| 30 Jun 21 | 17 | 25 | 2 | 0 |
| 31 Mar 21 | 17 | 22 | 2 | 0 |
| 31 Dec 20 | 16 | 19 | 3 | 0 |
| 30 Sep 20 | 17 | 14 | 3 | 0 |
| 30 Jun 20 | 18 | 10 | 3 | 0 |
| 31 Mar 20 | 18 | 16 | 2 | 0 |
| 31 Dec 19 | 18 | 22 | 2 | 0 |
| 30 Sep 19 | 18 | 20 | 2 | 0 |
| 30 Jun 19 | 17 | 18 | 2 | 0 |
| 31 Mar 19 | 17 | 12 | 2 | 0 |
| 31 Dec 18 | 17 | 5 | 2 | 0 |
| 30 Sep 18 | 16 | 8 | 2 | 0 |
| 30 Jun 18 | 15 | 11 | 2 | 0 |
| 31 Mar 18 | 15 | 15 | 2 | 0 |
| 31 Dec 17 | 15 | 20 | 2 | 0 |
| 30 Sep 17 | 15 | 20 | 2 | 0 |
| 30 Jun 17 | 15 | 19 | 2 | 0 |
| 31 Mar 17 | 15 | 16 | 2 | 0 |
| 31 Dec 16 | 15 | 12 | 2 | 0 |
| 30 Sep 16 | 14 | 9 | 2 | 0 |
| 30 Jun 16 | 14 | 5 | 2 | 0 |
| 31 Mar 16 | 13 | 5 | 2 | 0 |
| 31 Dec 15 | 13 | 4 | 2 | 0 |
| 30 Sep 15 | 13 | 7 | 2 | 0 |
| 30 Jun 15 | 13 | 10 | 2 | 0 |
| 31 Mar 15 | 14 | 14 | 2 | 0 |
| 31 Dec 14 | 14 | 19 | 2 | 0 |
| 30 Sep 14 | 15 | 23 | 2 | 0 |
| 30 Jun 14 | 16 | 28 | 2 | 0 |
| 31 Mar 14 | 17 | 28 | 2 | 0 |
| 31 Dec 13 | 17 | 29 | 3 | 0 |
| 30 Sep 13 | 18 | 37 | 3 | 0 |
| 30 Jun 13 | 19 | 45 | 3 | 0 |
Quality Earnings: TSI has a large one-off gain of $7.7M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: TSI became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TSI's earnings have declined by 22.4% per year over the past 5 years.
Accelerating Growth: TSI has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: TSI has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (-0.3%).
Return on Equity
High ROE: TSI's Return on Equity (9.3%) is considered low.