Vanguard Index Funds - Vanguard Small-Cap ETF Past Earnings Performance
Past criteria checks 2/6
Vanguard Index Funds - Vanguard Small-Cap ETF's earnings have been declining at an average annual rate of -2.8%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been growing at an average rate of 10.5% per year. Vanguard Index Funds - Vanguard Small-Cap ETF's return on equity is 15.3%, and it has net margins of 1002.4%.
Key information
-2.8%
Earnings growth rate
-3.1%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | 10.5% |
| Return on equity | 15.3% |
| Net Margin | 1,002.4% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
No updates
Revenue & Expenses BreakdownBeta
How Vanguard Index Funds - Vanguard Small-Cap 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 | 2,048 | 20,529 | 54 | 0 |
| 30 Sep 23 | 2,039 | 18,201 | 53 | 0 |
| 30 Jun 23 | 2,030 | 15,873 | 52 | 0 |
| 31 Mar 23 | 1,933 | -4,407 | 53 | 0 |
| 31 Dec 22 | 1,836 | -24,687 | 53 | 0 |
| 30 Sep 22 | 1,852 | -26,686 | 56 | 0 |
| 30 Jun 22 | 1,869 | -28,686 | 59 | 0 |
| 31 Mar 22 | 1,826 | -4,133 | 60 | 0 |
| 31 Dec 21 | 1,782 | 20,420 | 60 | 0 |
| 30 Sep 21 | 1,614 | 34,368 | 56 | 0 |
| 30 Jun 21 | 1,445 | 48,316 | 51 | 0 |
| 31 Mar 21 | 1,392 | 33,279 | 46 | 0 |
| 31 Dec 20 | 1,339 | 18,241 | 41 | 0 |
| 30 Sep 20 | 1,367 | 6,512 | 40 | 0 |
| 30 Jun 20 | 1,394 | -5,217 | 40 | 0 |
| 31 Mar 20 | 1,394 | 7,981 | 41 | 0 |
| 31 Dec 19 | 1,395 | 21,180 | 43 | 0 |
| 30 Sep 19 | 1,354 | 11,623 | 43 | 0 |
| 30 Jun 19 | 1,314 | 2,066 | 43 | 0 |
| 31 Mar 19 | 1,327 | -3,009 | 43 | 0 |
| 31 Dec 18 | 1,340 | -8,084 | 43 | 0 |
| 30 Sep 18 | 1,305 | 2,287 | 38 | 0 |
| 30 Jun 18 | 1,270 | 12,657 | 34 | 0 |
| 31 Mar 18 | 1,224 | 12,178 | 33 | 0 |
| 31 Dec 17 | 1,177 | 11,699 | 32 | 0 |
| 30 Sep 17 | 1,136 | 11,667 | 34 | 0 |
| 30 Jun 17 | 1,095 | 11,635 | 35 | 0 |
| 31 Mar 17 | 1,056 | 10,981 | 35 | 0 |
| 31 Dec 16 | 1,018 | 10,326 | 35 | 0 |
| 30 Sep 16 | 969 | 4,396 | 39 | 0 |
| 30 Jun 16 | 921 | -1,534 | 43 | 0 |
| 31 Mar 16 | 878 | -1,848 | 43 | 0 |
| 31 Dec 15 | 835 | -2,161 | 43 | 0 |
| 30 Sep 15 | 802 | 269 | 43 | 0 |
| 30 Jun 15 | 768 | 2,699 | 43 | 0 |
| 31 Mar 15 | 769 | 3,096 | 44 | 0 |
| 31 Dec 14 | 769 | 3,492 | 45 | 0 |
Quality Earnings: VB has a large one-off gain of $18.5B impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: VB became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VB has become profitable over the past 5 years, growing earnings by -2.8% per year.
Accelerating Growth: VB has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: VB 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: VB's Return on Equity (15.3%) is considered low.