Vanguard Index Funds - Vanguard Small-Cap Growth ETF Past Earnings Performance
Past criteria checks 2/6
Vanguard Index Funds - Vanguard Small-Cap Growth ETF's earnings have been declining at an average annual rate of -17.5%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been growing at an average rate of 7.2% per year. Vanguard Index Funds - Vanguard Small-Cap Growth ETF's return on equity is 17.5%, and it has net margins of 2681.6%.
Key information
-17.5%
Earnings growth rate
-17.2%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | 7.2% |
| Return on equity | 17.5% |
| Net Margin | 2,681.6% |
| 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 Growth 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 | 212 | 5,673 | 19 | 0 |
| 30 Sep 23 | 224 | 5,066 | 19 | 0 |
| 30 Jun 23 | 236 | 4,459 | 18 | 0 |
| 31 Mar 23 | 234 | -2,987 | 19 | 0 |
| 31 Dec 22 | 232 | -10,434 | 19 | 0 |
| 30 Sep 22 | 220 | -11,192 | 21 | 0 |
| 30 Jun 22 | 207 | -11,951 | 23 | 0 |
| 31 Mar 22 | 200 | -5,039 | 24 | 0 |
| 31 Dec 21 | 194 | 1,873 | 25 | 0 |
| 30 Sep 21 | 178 | 6,776 | 23 | 0 |
| 30 Jun 21 | 161 | 11,679 | 22 | 0 |
| 31 Mar 21 | 162 | 10,341 | 20 | 0 |
| 31 Dec 20 | 163 | 9,003 | 18 | 0 |
| 30 Sep 20 | 171 | 5,439 | 17 | 0 |
| 30 Jun 20 | 180 | 1,875 | 16 | 0 |
| 31 Mar 20 | 176 | 4,193 | 17 | 0 |
| 31 Dec 19 | 171 | 6,511 | 17 | 0 |
| 30 Sep 19 | 170 | 4,025 | 17 | 0 |
| 30 Jun 19 | 169 | 1,538 | 17 | 0 |
| 31 Mar 19 | 173 | 140 | 17 | 0 |
| 31 Dec 18 | 176 | -1,257 | 17 | 0 |
| 30 Sep 18 | 178 | 1,422 | 16 | 0 |
| 30 Jun 18 | 180 | 4,101 | 15 | 0 |
| 31 Mar 18 | 183 | 3,948 | 14 | 0 |
| 31 Dec 17 | 186 | 3,795 | 13 | 0 |
| 30 Sep 17 | 186 | 3,370 | 13 | 0 |
| 30 Jun 17 | 186 | 2,946 | 12 | 0 |
| 31 Mar 17 | 186 | 2,248 | 12 | 0 |
| 31 Dec 16 | 187 | 1,550 | 12 | 0 |
| 30 Sep 16 | 181 | 180 | 12 | 0 |
| 30 Jun 16 | 176 | -1,190 | 13 | 0 |
| 31 Mar 16 | 171 | -835 | 14 | 0 |
| 31 Dec 15 | 166 | -481 | 14 | 0 |
| 30 Sep 15 | 164 | 260 | 15 | 0 |
| 30 Jun 15 | 163 | 1,000 | 15 | 0 |
| 31 Mar 15 | 166 | 800 | 16 | 0 |
| 31 Dec 14 | 168 | 599 | 16 | 0 |
| 30 Sep 14 | 154 | 1,798 | 16 | 0 |
| 30 Jun 14 | 139 | 2,998 | 16 | 0 |
| 31 Mar 14 | 124 | 3,479 | 16 | 0 |
| 31 Dec 13 | 109 | 3,960 | 15 | 0 |
| 30 Sep 13 | 112 | 3,114 | 14 | 0 |
| 30 Jun 13 | 116 | 2,268 | 13 | 0 |
Quality Earnings: VBK has a large one-off gain of $5.5B impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: VBK became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VBK has become profitable over the past 5 years, growing earnings by -17.5% per year.
Accelerating Growth: VBK has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: VBK 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: VBK's Return on Equity (17.5%) is considered low.