SPDR S&P 500 ETF Trust

ARCA:SPY Stock Report

Market Cap: US$632.9b

SPDR S&P 500 ETF Trust Past Earnings Performance

Past criteria checks 5/6

SPDR S&P 500 ETF Trust has been growing earnings at an average annual rate of 22.4%, while the Capital Markets industry saw earnings growing at 7.1% annually. Revenues have been growing at an average rate of 5.5% per year. SPDR S&P 500 ETF Trust's return on equity is 25.7%, and it has net margins of 2092.8%.

Key information

22.4%

Earnings growth rate

18.7%

EPS growth rate

Capital Markets Industry Growth10.3%
Revenue growth rate5.5%
Return on equity25.7%
Net Margin2,092.8%
Last Earnings Update30 Sep 2024

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

How SPDR S&P 500 ETF Trust makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

ARCA:SPY Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 247,238151,4674640
30 Jun 246,991134,6824330
31 Mar 246,745117,8984030
31 Dec 236,53894,8263800
30 Sep 236,33071,7543570
30 Jun 236,21520,7753500
31 Mar 236,099-30,2053420
31 Dec 225,965-45,1553550
30 Sep 225,831-60,1063670
30 Jun 225,601-3,9903680
31 Mar 225,37252,1253690
31 Dec 215,22569,0083470
30 Sep 215,07885,8903250
30 Jun 215,090106,4203010
31 Mar 215,102126,9492780
31 Dec 205,23183,6252700
30 Sep 205,36040,3012610
30 Jun 205,58711,9862610
31 Mar 205,814-16,3292610
31 Dec 195,699-3,4232530
30 Sep 195,5849,4822460
30 Jun 195,36916,0282440
31 Mar 195,15422,5742430
31 Dec 185,08131,6212450
30 Sep 185,00940,6682470
30 Jun 184,96235,3522400
31 Mar 184,91630,0372340
31 Dec 174,83234,3652230
30 Sep 174,74938,6932130
30 Jun 174,51335,4142020
31 Mar 174,27632,1341910
31 Dec 164,11628,5811800
30 Sep 163,95525,0291700
30 Jun 163,99114,3251670
31 Mar 164,0273,6221630
31 Dec 154,0201,4141660
30 Sep 154,013-7941700
30 Jun 153,8509,1431680
31 Mar 153,68619,0811670
31 Dec 143,48823,0371590
30 Sep 143,29026,9931510
30 Jun 143,21127,5231450
31 Mar 143,13128,0521390

Quality Earnings: SPY has a large one-off gain of $144.7B impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: SPY's current net profit margins are higher than last year .

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: SPY's earnings have grown significantly by 22.4% per year over the past 5 years.

Accelerating Growth: SPY's earnings growth over the past year (111.1%) exceeds its 5-year average (22.4% per year).

Earnings vs Industry: SPY earnings growth over the past year (111.1%) exceeded the Capital Markets industry 12.8%.

Return on Equity

High ROE: SPY's Return on Equity (25.7%) is considered high.

Return on Assets

Return on Capital Employed

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/05 02:03
End of Day Share Price 2025/01/03 00:00
Earnings2024/09/30
Annual Earnings2024/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

SPDR S&P 500 ETF Trust is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael HartnettBofA Global Research