Select Sector SPDR Trust - The Technology Select Sector SPDR Fund Past Earnings Performance
Past criteria checks 2/6
Select Sector SPDR Trust - The Technology Select Sector SPDR Fund's earnings have been declining at an average annual rate of -2.9%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been growing at an average rate of 7.6% per year. Select Sector SPDR Trust - The Technology Select Sector SPDR Fund's return on equity is 28.6%, and it has net margins of 2975.8%.
Key information
-2.9%
Earnings growth rate
-3.2%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | 7.6% |
| Return on equity | 28.6% |
| Net Margin | 2,975.8% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How Select Sector SPDR Trust - The Technology 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 | 458 | 13,622 | 40 | 0 |
| 30 Jun 23 | 449 | 5,761 | 39 | 0 |
| 31 Mar 23 | 440 | -2,099 | 38 | 0 |
| 31 Dec 22 | 428 | -5,609 | 41 | 0 |
| 30 Sep 22 | 415 | -9,119 | 44 | 0 |
| 30 Jun 22 | 401 | -721 | 46 | 0 |
| 31 Mar 22 | 387 | 7,678 | 47 | 0 |
| 31 Dec 21 | 377 | 8,717 | 45 | 0 |
| 30 Sep 21 | 368 | 9,757 | 44 | 0 |
| 30 Jun 21 | 367 | 12,782 | 43 | 0 |
| 31 Mar 21 | 367 | 15,807 | 41 | 0 |
| 31 Dec 20 | 376 | 13,429 | 38 | 0 |
| 30 Sep 20 | 386 | 11,051 | 35 | 0 |
| 30 Jun 20 | 373 | 6,501 | 33 | 0 |
| 31 Mar 20 | 360 | 1,951 | 30 | 0 |
| 31 Dec 19 | 337 | 1,657 | 28 | 0 |
| 30 Sep 19 | 315 | 1,363 | 26 | 0 |
| 30 Jun 19 | 315 | 2,020 | 26 | 0 |
| 31 Mar 19 | 316 | 2,677 | 26 | 0 |
| 31 Dec 18 | 314 | 3,886 | 26 | 0 |
| 30 Sep 18 | 312 | 5,095 | 26 | 0 |
| 30 Jun 18 | 305 | 4,451 | 25 | 0 |
| 31 Mar 18 | 297 | 3,807 | 24 | 0 |
| 31 Dec 17 | 287 | 3,745 | 23 | 0 |
| 30 Sep 17 | 277 | 3,683 | 21 | 0 |
| 30 Jun 17 | 266 | 3,215 | 20 | 0 |
| 31 Mar 17 | 254 | 2,747 | 19 | 0 |
| 31 Dec 16 | 258 | 2,554 | 18 | 0 |
| 30 Sep 16 | 261 | 2,360 | 17 | 0 |
| 30 Jun 16 | 258 | 1,637 | 17 | 0 |
| 31 Mar 16 | 256 | 915 | 17 | 0 |
| 31 Dec 15 | 253 | 470 | 18 | 0 |
| 30 Sep 15 | 251 | 24 | 19 | 0 |
| 30 Jun 15 | 256 | 911 | 19 | 0 |
| 31 Mar 15 | 262 | 1,798 | 18 | 0 |
| 31 Dec 14 | 260 | 2,398 | 19 | 0 |
| 30 Sep 14 | 258 | 2,999 | 19 | 0 |
| 30 Jun 14 | 252 | 2,689 | 19 | 0 |
| 31 Mar 14 | 246 | 2,379 | 19 | 0 |
| 31 Dec 13 | 230 | 1,451 | 18 | 0 |
| 30 Sep 13 | 215 | 522 | 17 | 0 |
| 30 Jun 13 | 198 | 327 | 16 | 0 |
Quality Earnings: XLK has a large one-off gain of $13.2B impacting its last 12 months of financial results to 30th September, 2023.
Growing Profit Margin: XLK became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: XLK's earnings have declined by 2.9% per year over the past 5 years.
Accelerating Growth: XLK has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: XLK has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (3.9%).
Return on Equity
High ROE: XLK's Return on Equity (28.6%) is considered high.