Select Sector SPDR Trust - The Materials Select Sector SPDR Fund Past Earnings Performance
Past criteria checks 2/6
Select Sector SPDR Trust - The Materials Select Sector SPDR Fund has been growing earnings at an average annual rate of 4.5%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been growing at an average rate of 11.1% per year. Select Sector SPDR Trust - The Materials Select Sector SPDR Fund's return on equity is 16.4%, and it has net margins of 692%.
Key information
4.5%
Earnings growth rate
5.1%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | 11.1% |
| Return on equity | 16.4% |
| Net Margin | 692.0% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
No updates
Recent updates
No updates
Revenue & Expenses BreakdownBeta
How Select Sector SPDR Trust - The Materials Select Sector SPDR Fund 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 |
|---|---|---|---|---|
| 30 Sep 23 | 117 | 812 | 5 | 0 |
| 30 Jun 23 | 127 | 58 | 5 | 0 |
| 31 Mar 23 | 136 | -696 | 5 | 0 |
| 31 Dec 22 | 143 | -735 | 6 | 0 |
| 30 Sep 22 | 149 | -774 | 7 | 0 |
| 30 Jun 22 | 150 | 33 | 8 | 0 |
| 31 Mar 22 | 151 | 840 | 9 | 0 |
| 31 Dec 21 | 145 | 986 | 8 | 0 |
| 30 Sep 21 | 139 | 1,132 | 8 | 0 |
| 30 Jun 21 | 122 | 1,681 | 7 | 0 |
| 31 Mar 21 | 105 | 2,229 | 6 | 0 |
| 31 Dec 20 | 95 | 1,238 | 5 | 0 |
| 30 Sep 20 | 85 | 247 | 5 | 0 |
| 30 Jun 20 | 85 | -202 | 5 | 0 |
| 31 Mar 20 | 86 | -651 | 5 | 0 |
| 31 Dec 19 | 90 | -281 | 5 | 0 |
| 30 Sep 19 | 93 | 88 | 5 | 0 |
| 30 Jun 19 | 94 | 24 | 5 | 0 |
| 31 Mar 19 | 94 | -41 | 5 | 0 |
| 31 Dec 18 | 94 | 19 | 6 | 0 |
| 30 Sep 18 | 94 | 79 | 6 | 0 |
| 30 Jun 18 | 88 | 204 | 6 | 0 |
| 31 Mar 18 | 82 | 328 | 6 | 0 |
| 31 Dec 17 | 78 | 508 | 5 | 0 |
| 30 Sep 17 | 75 | 687 | 5 | 0 |
| 30 Jun 17 | 71 | 613 | 5 | 0 |
| 31 Mar 17 | 68 | 538 | 4 | 0 |
| 31 Dec 16 | 61 | 483 | 4 | 0 |
| 30 Sep 16 | 54 | 428 | 3 | 0 |
| 30 Jun 16 | 52 | 118 | 3 | 0 |
| 31 Mar 16 | 51 | -192 | 3 | 0 |
| 31 Dec 15 | 56 | -367 | 4 | 0 |
| 30 Sep 15 | 61 | -542 | 4 | 0 |
| 30 Jun 15 | 76 | -163 | 5 | 0 |
| 31 Mar 15 | 90 | 217 | 6 | 0 |
| 31 Dec 14 | 97 | 545 | 7 | 0 |
| 30 Sep 14 | 104 | 874 | 7 | 0 |
| 30 Jun 14 | 96 | 824 | 7 | 0 |
| 31 Mar 14 | 88 | 775 | 6 | 0 |
| 31 Dec 13 | 80 | 586 | 5 | 0 |
| 30 Sep 13 | 73 | 398 | 5 | 0 |
| 30 Jun 13 | 67 | 294 | 4 | 0 |
Quality Earnings: XLB has a large one-off gain of $699.6M impacting its last 12 months of financial results to 30th September, 2023.
Growing Profit Margin: XLB became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: XLB's earnings have grown by 4.5% per year over the past 5 years.
Accelerating Growth: XLB has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: XLB 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: XLB's Return on Equity (16.4%) is considered low.