Fonterra Co-operative Group Limited

NZSE:FCG Stock Report

Market Cap: NZ$9.5b

Fonterra Co-operative Group Past Earnings Performance

Past criteria checks 2/6

Fonterra Co-operative Group has been growing earnings at an average annual rate of 18.1%, while the Food industry saw earnings declining at 2.2% annually. Revenues have been growing at an average rate of 4.1% per year. Fonterra Co-operative Group's return on equity is 12%, and it has net margins of 4.2%.

Key information

18.08%

Earnings growth rate

18.21%

EPS growth rate

Food Industry Growth-2.91%
Revenue growth rate4.15%
Return on equity12.04%
Net Margin4.16%
Last Earnings Update31 Jul 2025

Recent past performance updates

Recent updates

Fonterra Co-operative Group (NZSE:FCG) Will Pay A Larger Dividend Than Last Year At NZ$0.4118

Sep 28
Fonterra Co-operative Group (NZSE:FCG) Will Pay A Larger Dividend Than Last Year At NZ$0.4118

Investors Still Aren't Entirely Convinced By Fonterra Co-operative Group Limited's (NZSE:FCG) Earnings Despite 27% Price Jump

Aug 22
Investors Still Aren't Entirely Convinced By Fonterra Co-operative Group Limited's (NZSE:FCG) Earnings Despite 27% Price Jump

Investors Will Want Fonterra Co-operative Group's (NZSE:FCG) Growth In ROCE To Persist

Apr 28
Investors Will Want Fonterra Co-operative Group's (NZSE:FCG) Growth In ROCE To Persist

A Piece Of The Puzzle Missing From Fonterra Co-operative Group Limited's (NZSE:FCG) Share Price

Feb 11
A Piece Of The Puzzle Missing From Fonterra Co-operative Group Limited's (NZSE:FCG) Share Price

Here's Why Fonterra Co-operative Group (NZSE:FCG) Has A Meaningful Debt Burden

Dec 06
Here's Why Fonterra Co-operative Group (NZSE:FCG) Has A Meaningful Debt Burden

Revenue & Expenses Breakdown

How Fonterra Co-operative Group makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NZSE:FCG Revenue, expenses and earnings (NZD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Jul 2524,1111,0041,5360
30 Apr 2525,5191,3052,0490
31 Jan 2524,3291,1752,0620
31 Oct 2423,5761,1722,0230
31 Jul 2420,4231,0471,4460
30 Apr 2423,1521,2611,7570
31 Jan 2423,3321,4111,7100
31 Oct 2323,9561,3261,7640
31 Jul 2324,5801,2411,8170
30 Apr 2325,7081,5162,3000
31 Jan 2324,1498291,9500
31 Oct 2223,0257251,8090
31 Jul 2221,9016211,6680
30 Apr 2222,4665682,1250
31 Jan 2221,0535271,7600
31 Oct 2120,8095191,8130
31 Jul 2120,5655111,8660
30 Apr 2120,1875161,8550
31 Jan 2119,8085211,8430
31 Oct 2020,0456761,8560
31 Jul 2020,2828301,8680
31 Jan 2019,8984631,7170
31 Oct 1919,5771951,7610
31 Jul 1919,255-741,8050
30 Apr 1919,912-1581,9340
31 Jan 1920,0272252,0050
31 Oct 1820,23322,0510
31 Jul 1820,438-2212,0960
30 Apr 1820,134-1272,0650
31 Jan 1819,830-332,0340
31 Oct 1719,5313512,0180
31 Jul 1719,2327342,0010
30 Apr 1718,4177772,0330
31 Jan 1717,6028192,0650
31 Oct 1617,4018152,0990
31 Jul 1617,1998102,1320
30 Apr 1617,5687582,2000
31 Jan 1617,9377052,2680
31 Oct 1518,3915862,2680
31 Jul 1518,8454662,2670
30 Apr 1519,7872912,1450
31 Jan 1520,7291162,0230

Quality Earnings: FCG has high quality earnings.

Growing Profit Margin: FCG's current net profit margins (4.2%) are lower than last year (5.1%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: FCG's earnings have grown by 18.1% per year over the past 5 years.

Accelerating Growth: FCG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: FCG had negative earnings growth (-4.1%) over the past year, making it difficult to compare to the Food industry average (73.5%).


Return on Equity

High ROE: FCG's Return on Equity (12%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/08 23:38
End of Day Share Price 2025/11/07 00:00
Earnings2025/07/31
Annual Earnings2025/07/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Fonterra Co-operative Group Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.