iShares Trust - iShares Global Tech ETF

ARCA:IXN Stock Report

Market Cap: US$4.2b

iShares Trust - iShares Global Tech ETF Past Earnings Performance

Past criteria checks 2/6

iShares Trust - iShares Global Tech ETF's earnings have been declining at an average annual rate of -10.4%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been growing at an average rate of 3.1% per year. iShares Trust - iShares Global Tech ETF's return on equity is 27.9%, and it has net margins of 2686.7%.

Key information

-10.4%

Earnings growth rate

-217.6%

EPS growth rate

Capital Markets Industry Growth10.3%
Revenue growth rate3.1%
Return on equity27.9%
Net Margin2,686.7%
Last Earnings Update30 Sep 2023

Recent past performance updates

No updates

Recent updates

No updates

Revenue & Expenses Breakdown
Beta

How iShares Trust - iShares Global Tech ETF makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

ARCA:IXN Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2335950130
30 Jun 2337235130
31 Mar 2339-480140
31 Dec 2242-774160
30 Sep 2245-1,067180
30 Jun 2247-231200
31 Mar 2248604220
31 Dec 2150894210
30 Sep 21521,183210
30 Jun 21511,608200
31 Mar 21512,033190
31 Dec 20491,666170
30 Sep 20481,299150
30 Jun 2048766140
31 Mar 2048233130
31 Dec 1946208120
30 Sep 1945184120
30 Jun 1940179110
31 Mar 1935174110
31 Dec 182927890
30 Sep 182338280
30 Jun 182035670
31 Mar 181833060
31 Dec 171731460
30 Sep 171729850
30 Jun 171525350
31 Mar 171420840
31 Dec 161418340
30 Sep 161415840
30 Jun 16149040
31 Mar 16142140
31 Dec 1514740
30 Sep 1513-840
30 Jun 15135040
31 Mar 151210840
31 Dec 141212330
30 Sep 141113930
30 Jun 141113030
31 Mar 141012130
31 Dec 13108230
30 Sep 1394430
30 Jun 1391630

Quality Earnings: IXN has a large one-off gain of $924.5M impacting its last 12 months of financial results to 30th September, 2023.

Growing Profit Margin: IXN became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: IXN's earnings have declined by 10.4% per year over the past 5 years.

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

Earnings vs Industry: IXN 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: IXN's Return on Equity (27.9%) is considered high.


Return on Assets


Return on Capital Employed

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