iShares - iShares MSCI Belgium ETF Past Earnings Performance
Past criteria checks 2/6
iShares - iShares MSCI Belgium ETF has been growing earnings at an average annual rate of 25.1%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been declining at an average rate of 29.3% per year. iShares - iShares MSCI Belgium ETF's return on equity is 9.4%, and it has net margins of 366.7%.
Key information
25.1%
Earnings growth rate
10.7%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | -29.3% |
| Return on equity | 9.4% |
| Net Margin | 366.7% |
| Last Earnings Update | 31 Aug 2023 |
Recent past performance updates
No updates
Recent updates
No updates
Revenue & Expenses BreakdownBeta
How iShares - iShares MSCI Belgium 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 |
|---|---|---|---|---|
| 31 Aug 23 | 1 | 2 | 0 | 0 |
| 31 May 23 | 1 | 0 | 0 | 0 |
| 28 Feb 23 | 1 | -2 | 0 | 0 |
| 30 Nov 22 | 1 | -4 | 0 | 0 |
| 31 Aug 22 | 1 | -7 | 0 | 0 |
| 31 May 22 | 1 | -3 | 0 | 0 |
| 28 Feb 22 | 1 | 1 | 0 | 0 |
| 30 Nov 21 | 1 | 5 | 0 | 0 |
| 31 Aug 21 | 1 | 8 | 0 | 0 |
| 31 May 21 | 1 | 7 | 0 | 0 |
| 28 Feb 21 | 1 | 6 | 0 | 0 |
| 30 Nov 20 | 1 | 3 | 0 | 0 |
| 31 Aug 20 | 1 | 0 | 0 | 0 |
| 31 May 20 | 1 | 0 | 0 | 0 |
| 29 Feb 20 | 1 | 0 | 0 | 0 |
| 30 Nov 19 | 1 | -1 | 0 | 0 |
| 31 Aug 19 | 1 | -2 | 0 | 0 |
| 31 May 19 | 2 | -7 | 0 | 0 |
| 28 Feb 19 | 2 | -11 | 0 | 0 |
| 30 Nov 18 | 2 | -6 | 0 | 0 |
| 31 Aug 18 | 2 | -1 | 0 | 0 |
| 31 May 18 | 2 | 9 | 0 | 0 |
| 28 Feb 18 | 2 | 19 | 0 | 0 |
| 30 Nov 17 | 2 | 16 | 0 | 0 |
| 31 Aug 17 | 3 | 13 | 0 | 0 |
| 31 May 17 | 3 | 12 | 1 | 0 |
| 28 Feb 17 | 4 | 12 | 1 | 0 |
| 30 Nov 16 | 4 | 8 | 1 | 0 |
| 31 Aug 16 | 4 | 3 | 1 | 0 |
| 31 May 16 | 4 | -3 | 1 | 0 |
| 29 Feb 16 | 4 | -9 | 1 | 0 |
| 30 Nov 15 | 4 | -4 | 1 | 0 |
| 31 Aug 15 | 4 | 2 | 1 | 0 |
| 31 May 15 | 3 | 1 | 1 | 0 |
| 28 Feb 15 | 2 | 1 | 1 | 0 |
| 30 Nov 14 | 2 | 7 | 0 | 0 |
| 31 Aug 14 | 2 | 13 | 0 | 0 |
| 31 May 14 | 2 | 14 | 0 | 0 |
| 28 Feb 14 | 2 | 15 | 0 | 0 |
| 30 Nov 13 | 2 | 13 | 0 | 0 |
| 31 Aug 13 | 2 | 10 | 0 | 0 |
| 31 May 13 | 1 | 9 | 0 | 0 |
Quality Earnings: EWK has a large one-off gain of $1.4M impacting its last 12 months of financial results to 31st August, 2023.
Growing Profit Margin: EWK became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: EWK has become profitable over the past 5 years, growing earnings by 25.1% per year.
Accelerating Growth: EWK has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: EWK 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: EWK's Return on Equity (9.4%) is considered low.