iShares Trust - iShares iBoxx $ High Yield Corporate Bond ETF

ARCA:HYG Stock Report

Market Cap: US$14.6b

iShares Trust - iShares iBoxx $ High Yield Bond ETF Past Earnings Performance

Past criteria checks 2/6

iShares Trust - iShares iBoxx $ High Yield Bond ETF's earnings have been declining 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 1.8% per year. iShares Trust - iShares iBoxx $ High Yield Bond ETF's return on equity is 6.7%, and it has net margins of 106.8%.

Key information

-25.1%

Earnings growth rate

-29.5%

EPS growth rate

Capital Markets Industry Growth10.3%
Revenue growth rate-1.8%
Return on equity6.7%
Net Margin106.8%
Last Earnings Update31 Aug 2023

Recent past performance updates

No updates

Recent updates

No updates

Revenue & Expenses Breakdown
Beta

How iShares Trust - iShares iBoxx $ High Yield Bond ETF makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

ARCA:HYG Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Aug 23926988730
31 May 23881164730
28 Feb 23836-660730
30 Nov 22789-1,219770
31 Aug 22742-1,779810
31 May 22774-861890
28 Feb 2280657970
30 Nov 219229411050
31 Aug 211,0381,8261130
31 May 211,1412,1461160
28 Feb 211,2442,4661180
30 Nov 201,1722,0261100
31 Aug 201,1001,5851010
31 May 201,0181,244940
29 Feb 20936903860
30 Nov 19911946810
31 Aug 19887990760
31 May 19869866750
28 Feb 19852743730
30 Nov 18888614770
31 Aug 18925485820
31 May 18966521860
28 Feb 181,007557900
30 Nov 171,011901890
31 Aug 171,0151,245880
31 May 171,0061,956850
28 Feb 179962,667830

Quality Earnings: HYG has high quality earnings.

Growing Profit Margin: HYG became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: HYG's earnings have declined by 25.1% per year over the past 5 years.

Accelerating Growth: HYG has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: HYG 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: HYG's Return on Equity (6.7%) is considered low.


Return on Assets


Return on Capital Employed

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