iShares Trust - iShares iBoxx $ Investment Grade Bond ETF Past Earnings Performance
Past criteria checks 2/6
iShares Trust - iShares iBoxx $ Investment Grade Bond ETF's earnings have been declining at an average annual rate of -39.5%, while the Capital Markets industry saw earnings growing at 8.9% annually. Revenues have been declining at an average rate of 0.9% per year. iShares Trust - iShares iBoxx $ Investment Grade Bond ETF's return on equity is 1.6%, and it has net margins of 36.5%.
Key information
-39.5%
Earnings growth rate
-40.2%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | -0.9% |
| Return on equity | 1.6% |
| Net Margin | 36.5% |
| Last Earnings Update | 31 Aug 2023 |
Recent past performance updates
No updates
Recent updates
No updates
Revenue & Expenses BreakdownBeta
How iShares Trust - iShares iBoxx $ Investment Grade 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 Aug 23 | 1,438 | 525 | 50 | 0 |
| 31 May 23 | 1,330 | -1,793 | 49 | 0 |
| 28 Feb 23 | 1,223 | -4,110 | 49 | 0 |
| 30 Nov 22 | 1,090 | -5,319 | 49 | 0 |
| 31 Aug 22 | 958 | -6,528 | 50 | 0 |
| 31 May 22 | 946 | -3,951 | 52 | 0 |
| 28 Feb 22 | 934 | -1,374 | 55 | 0 |
| 30 Nov 21 | 1,066 | -165 | 61 | 0 |
| 31 Aug 21 | 1,198 | 1,044 | 67 | 0 |
| 31 May 21 | 1,317 | 2,141 | 70 | 0 |
| 28 Feb 21 | 1,435 | 3,238 | 73 | 0 |
| 29 Feb 20 | 1,209 | 5,714 | 50 | 0 |
| 28 Feb 19 | 1,216 | 786 | 47 | 0 |
| 30 Nov 18 | 1,228 | 104 | 49 | 0 |
| 31 Aug 18 | 1,241 | -578 | 51 | 0 |
| 31 May 18 | 1,225 | 50 | 52 | 0 |
| 28 Feb 18 | 1,209 | 677 | 52 | 0 |
| 30 Nov 17 | 1,142 | 605 | 50 | 0 |
| 31 Aug 17 | 1,075 | 533 | 47 | 0 |
| 31 May 17 | 1,038 | 1,095 | 45 | 0 |
| 28 Feb 17 | 1,002 | 1,657 | 44 | 0 |
| 30 Nov 16 | 965 | 2,256 | 41 | 0 |
| 31 Aug 16 | 929 | 2,854 | 39 | 0 |
| 31 May 16 | 869 | 1,181 | 36 | 0 |
| 29 Feb 16 | 810 | -491 | 33 | 0 |
| 30 Nov 15 | 762 | -419 | 32 | 0 |
| 31 Aug 15 | 715 | -346 | 30 | 0 |
| 31 May 15 | 680 | 469 | 29 | 0 |
| 28 Feb 15 | 645 | 1,285 | 27 | 0 |
| 30 Nov 14 | 633 | 1,479 | 26 | 0 |
| 31 Aug 14 | 620 | 1,673 | 25 | 0 |
| 31 May 14 | 672 | 818 | 27 | 0 |
| 28 Feb 14 | 723 | -36 | 28 | 0 |
| 30 Nov 13 | 809 | -223 | 32 | 0 |
| 31 Aug 13 | 895 | -411 | 35 | 0 |
| 31 May 13 | 913 | 556 | 35 | 0 |
Quality Earnings: LQD has a large one-off loss of $863.4M impacting its last 12 months of financial results to 31st August, 2023.
Growing Profit Margin: LQD became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: LQD has become profitable over the past 5 years, growing earnings by -39.5% per year.
Accelerating Growth: LQD has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: LQD 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: LQD's Return on Equity (1.6%) is considered low.