Growth & profitability
- Revenue has grown 62.6% per year over the past 5 years.
- Operating margin has expanded, at 80.5% in the latest year.
GSG Financials Ishares S&P Gsci Commodity-Indexed Trust
15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $43M | $57M | 0.0% | 80.5% | — | — | — |
| 2024 | $51M | $70M | 0.0% | 84.2% | — | — | — |
| 2023 | $53M | -$67M | 0.0% | 83.0% | — | — | — |
| 2022 | $22M | $391M | 0.0% | 33.7% | — | — | $5M |
| 2021 | $426034 | $366M | 0.0% | -2437.6% | — | — | $42M |
| 2020 | $4M | -$184M | 0.0% | -60.8% | — | — | $21M |
| 2019 | $21M | $175M | 0.0% | 60.9% | — | — | $31M |
| 2018 | $24M | -$190M | 0.0% | 51.3% | — | — | $10M |
| 2017 | $10M | $80M | 0.0% | -1.7% | — | — | $42M |
| 2016 | $2M | $84M | 0.0% | -222.4% | — | — | $35M |
| 2015 | $235603 | -$303M | 0.0% | -2676.5% | — | — | $8M |
| 2014 | $517085 | -$379M | 0.0% | -1547.2% | — | — | $12M |
| 2013 | $664549 | -$31M | 0.0% | -1194.8% | — | — | $11M |
| 2012 | $969621 | -$14M | 0.0% | -904.4% | — | — | $188035 |
| 2011 | $2M | -$38M | 0.0% | -684.7% | — | — | $77927 |
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $9M | $317M | 0.0% | 78.1% | — | — | — |
| Sep '25 | $11M | $39M | 0.0% | 81.0% | — | — | — |
| Jun '25 | $10M | -$36M | 0.0% | 80.6% | — | — | — |
| Mar '25 | $11M | $46M | 0.0% | 81.0% | — | — | — |
| Dec '24 | $11M | $33M | 0.0% | 82.6% | — | — | — |
| Sep '24 | $13M | -$60M | 0.0% | 85.0% | — | — | — |
| Jun '24 | $14M | $4M | 0.0% | 84.3% | — | — | — |
| Mar '24 | $13M | $92M | 0.0% | 84.5% | — | — | — |
| Dec '23 | $14M | -$125M | 0.0% | 84.7% | — | — | — |
| Sep '23 | $14M | $154M | 0.0% | 83.9% | — | — | — |
| Jun '23 | $12M | -$33M | 0.0% | 81.9% | — | — | — |
| Mar '23 | $12M | -$63M | 0.0% | 81.3% | — | — | — |
| Dec '22 | $12M | $37M | 0.0% | 74.5% | — | — | $5M |
| Sep '22 | $7M | -$190M | 0.0% | 51.4% | — | — | $15M |
| Jun '22 | $3M | $35M | 0.0% | -50.8% | — | — | $34M |
| Mar '22 | $447870 | $509M | 0.0% | -764.0% | — | — | $36M |
| Dec '21 | $135628 | $13M | 0.0% | -2132.4% | — | — | $42M |
| Sep '21 | $94407 | $60M | 0.0% | -2871.0% | — | — | $14M |
| Jun '21 | $52562 | $179M | 0.0% | -5141.4% | — | — | $15M |
| Mar '21 | $143437 | $113M | 0.0% | -1450.4% | — | — | $2M |
Valuation over time
How the market has priced GSG against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
- The price-to-earnings ratio has risen from 1.6× (Mar '23) to 15.8× (Jun '26).
- The price-to-sales ratio has fallen from 28.3× (Mar '23) to 21.1× (Jun '26).
P/E
P/S
Frequently asked questions
Is GSG growing its revenue and profit?
Over the past 5 years, Ishares S&P Gsci Commodity-Indexed Trust's revenue has grown 62.6% per year. These are computed facts, not advice.
How much debt does GSG have?
As of FY2025, Ishares S&P Gsci Commodity-Indexed Trust reported — of total debt against — of cash.
What is GSG's profit margin?
In FY2025, gross margin was —, operating margin 80.5%, and net margin 133.9%.
What is GSG's P/E ratio?
As of Jun '26, Ishares S&P Gsci Commodity-Indexed Trust traded at a price-to-earnings ratio of about 15.8× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.