SPDR Series Trust - SPDR Bloomberg High Yield Bond ETF Past Earnings Performance
Past criteria checks 2/6
SPDR Series Trust - SPDR Bloomberg High Yield Bond ETF's earnings have been declining at an average annual rate of -15.3%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been declining at an average rate of 3.7% per year. SPDR Series Trust - SPDR Bloomberg High Yield Bond ETF's return on equity is 11.5%, and it has net margins of 172.8%.
Key information
-15.3%
Earnings growth rate
-13.0%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | -3.7% |
| Return on equity | 11.5% |
| Net Margin | 172.8% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
No updates
Revenue & Expenses BreakdownBeta
How SPDR Series Trust - SPDR Bloomberg High Yield Bond 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 Dec 23 | 559 | 966 | 32 | 0 |
| 30 Sep 23 | 553 | 788 | 32 | 0 |
| 30 Jun 23 | 548 | 610 | 33 | 0 |
| 31 Mar 23 | 479 | -184 | 32 | 0 |
| 31 Dec 22 | 409 | -979 | 30 | 0 |
| 30 Sep 22 | 385 | -1,030 | 32 | 0 |
| 30 Jun 22 | 360 | -1,080 | 33 | 0 |
| 31 Mar 22 | 395 | -328 | 36 | 0 |
| 31 Dec 21 | 430 | 424 | 39 | 0 |
| 30 Sep 21 | 485 | 976 | 43 | 0 |
| 30 Jun 21 | 540 | 1,528 | 46 | 0 |
| 31 Mar 21 | 560 | 1,365 | 46 | 0 |
| 31 Dec 20 | 580 | 1,201 | 45 | 0 |
| 30 Sep 20 | 564 | 781 | 42 | 0 |
| 30 Jun 20 | 548 | 360 | 40 | 0 |
| 31 Mar 20 | 551 | 772 | 39 | 0 |
| 31 Dec 19 | 554 | 1,184 | 37 | 0 |
| 30 Sep 19 | 545 | 907 | 36 | 0 |
| 30 Jun 19 | 536 | 629 | 35 | 0 |
| 31 Mar 19 | 547 | 186 | 36 | 0 |
| 31 Dec 18 | 558 | -258 | 38 | 0 |
| 30 Sep 18 | 599 | -56 | 41 | 0 |
| 30 Jun 18 | 641 | 147 | 45 | 0 |
| 31 Mar 18 | 679 | 441 | 47 | 0 |
| 31 Dec 17 | 718 | 734 | 48 | 0 |
| 30 Sep 17 | 735 | 1,006 | 48 | 0 |
| 30 Jun 17 | 752 | 1,279 | 47 | 0 |
| 31 Mar 17 | 761 | 1,467 | 47 | 0 |
| 31 Dec 16 | 771 | 1,655 | 46 | 0 |
| 30 Sep 16 | 745 | 808 | 45 | 0 |
| 30 Jun 16 | 719 | -38 | 43 | 0 |
Quality Earnings: JNK has a large one-off gain of $439.0M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: JNK became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: JNK has become profitable over the past 5 years, growing earnings by -15.3% per year.
Accelerating Growth: JNK has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: JNK 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: JNK's Return on Equity (11.5%) is considered low.