BT Group plc

LSE:BT.A Rapport sur les actions

Capitalisation boursière : UK£19.4b

BT Group Résultats passés

Passé contrôle des critères 3/6

Les bénéfices de BT Group ont diminué à un taux annuel moyen de -8.1%, tandis que le secteur Telecom a vu ses bénéfices augmenter de en à 8.5% par an. Les revenus ont augmenté de en baisse à un taux moyen de 1.2% par an. Le rendement des capitaux propres de BT Group est 8.6% et ses marges nettes sont de 5.5%.

Informations clés

-8.13%

Taux de croissance des bénéfices

-10.61%

Taux de croissance du BPA

Telecom Croissance de l'industrie14.50%
Taux de croissance des recettes-1.23%
Rendement des fonds propres8.57%
Marge nette5.48%
Prochaine mise à jour des résultats23 Jul 2026

Mises à jour récentes des performances passées

Article d’analyse May 31

BT Group (LON:BT.A) Is Posting Promising Earnings But The Good News Doesn’t Stop There

The market seemed underwhelmed by last week's earnings announcement from BT Group plc ( LON:BT.A ) despite the healthy...

Recent updates

Mise à jour du récit Jun 11

BT.A: Higher Earnings Confidence And Dividend Support Will Shape Balanced Future Upside

BT Group's analyst price target has risen from £2.06 to £2.23 per share, reflecting recent increases in Street targets toward £3.00 as analysts factor in updated views on fair value, profit margins, and future P/E multiples. Analyst Commentary Recent Street research has centered on how BT Group's updated valuation stacks up against its earnings profile and execution risks, with several price targets now referenced around 300 GBp. Bullish analysts and more cautious voices are looking at many of the same factors, but reaching different conclusions about how much of the potential is already reflected in the stock.
Article d’analyse May 31

BT Group (LON:BT.A) Is Posting Promising Earnings But The Good News Doesn’t Stop There

The market seemed underwhelmed by last week's earnings announcement from BT Group plc ( LON:BT.A ) despite the healthy...
Mise à jour du récit May 28

BT.A: Fibre Monetisation And Cash Generation Will Support Future Re Rating

BT Group's latest analyst price target moves higher to £1.50, with analysts pointing to improved fibre monetisation potential, inclusion on key conviction lists, and updated expectations for margins and valuation multiples as key drivers of the change. Analyst Commentary Bullish analysts are highlighting a more constructive view on BT Group, with recent research updates pointing to shifts in both ratings and price targets that reflect greater confidence in execution and cash generation.
Mise à jour du récit May 03

BT.A: Fibre Monetisation Execution Risks Will Likely Restrain Free Cash Flow Upside

Analysts have nudged their average price targets on BT Group higher, with recent moves to around £1.50 per share, helped by views that fibre monetisation could support stronger free cash flow over time. Analyst Commentary Recent research on BT Group has included both positive and cautious viewpoints, giving you a mixed picture of how the market is framing the current setup.
Mise à jour du récit Apr 19

BT.A: Fibre Monetisation And Execution Risks Will Likely Cap Future Upside

Narrative Update on BT Group The analyst price target for BT Group has increased to £1.43 from £1.40. Analysts attribute this change to updated assumptions around softer expected revenue declines, a much stronger profit margin profile, a lower discount rate, a recalibrated future P/E, recent target increases from £1.40 to £1.50, and a continued focus on fibre-driven free cash flow potential.
Mise à jour du récit Apr 04

BT.A: Fiber Monetisation Will Support Future Re Rating On Cash Generation Potential

BT Group's analyst price targets have moved higher, with recent raises to £1.50 and £2.50 and fresh conviction list inclusion, as analysts point to updated fair value assumptions, expectations around fiber monetization, and future P/E levels. Analyst Commentary Recent research updates cluster around higher price targets and renewed attention on BT Group, with several bullish analysts highlighting valuation support and execution on long term initiatives such as fiber.
Mise à jour du récit Mar 21

BT.A: Execution Risks In Fiber Monetization Will Limit Future Upside

The analyst price target for BT Group has moved higher into a £1.50 to £2.50 range, with analysts pointing to improving fiber monetization and free cash flow potential as key reasons for the shift. Analyst Commentary Recent Street research highlights a mixed backdrop for BT Group, with price targets now spread across a relatively wide £1.50 to £2.50 range and different views on how quickly fiber investments might translate into cash returns.
Mise à jour du récit Mar 06

BT.A: Fiber Monetisation Will Support Re-Rating On Stronger Cash Generation

Analysts have nudged their average price target on BT Group higher, with recent moves ranging from £1.40 to £2.50. They point to fibre monetisation and improved cash flow expectations, alongside slightly adjusted discount rate, revenue growth and profit margin assumptions.
Mise à jour du récit Feb 20

BT.A: Execution Risks Around Margin Assumptions Will Limit Future Upside

Analysts have lifted their fair value estimate for BT Group from £1.35 to £1.40, reflecting updated assumptions around the discount rate, margins, future P/E and a recent move in Street price targets, including an increase from £2.40 to £2.50 by one firm. Analyst Commentary While the latest fair value adjustment and some Street targets support a modestly higher valuation for BT Group, not every analyst is leaning positive.
Mise à jour du récit Feb 05

BT.A: Fiber And 5G Execution Will Support Re-Rating On Improved Confidence

Analysts recently lifted their price target on BT Group to £2.50 from £2.40, citing updated assumptions around discount rates, profit margins, and forward P/E expectations as key drivers of the revised view. Analyst Commentary Bullish analysts are signaling increased confidence in BT Group's equity story, reflected in the adjusted price target to £2.50.
Mise à jour du récit Jan 22

BT.A: Fiber And 5G Execution Will Support Re-Rating On Rising Confidence

Analysts have nudged their price target on BT Group from £2.40 to £2.50, reflecting updated assumptions on discount rate, revenue growth, profit margin and future P/E that support a slightly higher valuation. Analyst Commentary Bullish Takeaways Bullish analysts lifting the price target to £2.50 signal increased confidence that recent assumptions on discount rate, revenue trends, margins and future P/E can justify a higher valuation range.
Mise à jour du récit Jan 08

BT.A: Higher Cybersecurity Spend And Thin Margins Will Restrain Future Upside

Analysts have lifted their price target for BT Group to £1.35, highlighting updated assumptions for revenue trends, profit margins, and a higher future P/E multiple as key drivers of the revised view. What's in the News BT partnered with Pindrop to offer voice security solutions to UK enterprise customers, integrating technologies such as Pindrop Protect and Pindrop Passport to address rising contact centre fraud and deepfake risks.
Article d’analyse Dec 30

What You Can Learn From BT Group plc's (LON:BT.A) P/E

BT Group plc's ( LON:BT.A ) price-to-earnings (or "P/E") ratio of 18.8x might make it look like a sell right now...
Mise à jour du récit Dec 17

BT.A: Fiber And 5G Execution Will Drive Re-Rating Potential Ahead

Analysts have trimmed their price target on BT Group to GBP 1.50 from GBP 2.25, reflecting more cautious expectations for sector consolidation benefits and a modestly lower projected valuation multiple, despite slightly improved growth and margin assumptions. Analyst Commentary Recent Street research indicates that sentiment around BT Group remains mixed, with some caution on execution and sector dynamics offset by pockets of optimism on valuation and potential strategic catalysts.
Mise à jour du récit Dec 03

BT.A: Sector Mergers Will Drive Future Upside Despite Recent Rating Downgrades

Analysts have trimmed their average price target on BT Group from 225 GBp to 150 GBp, citing a less favorable relative outlook as sector merger dynamics and modestly softer growth expectations temper the company’s risk reward profile. Analyst Commentary Recent rating changes reflect a more balanced, wait and see stance on BT Group, with analysts reassessing the companys relative positioning as sector consolidation and shifting capital allocation priorities reshape the competitive landscape.
Article d’analyse Nov 24

BT Group (LON:BT.A) Is Due To Pay A Dividend Of £0.0245

BT Group plc ( LON:BT.A ) has announced that it will pay a dividend of £0.0245 per share on the 11th of February. This...
Mise à jour du récit Nov 19

BT.A: Sector Mergers Will Drive Near-Term Share Momentum Despite Operational Risks

BT Group's analyst price target has been adjusted slightly lower to approximately £2.06 per share from £2.07. This reflects analysts’ updated views on sector dynamics and modest changes to growth and profitability expectations.
Article d’analyse Nov 09

BT Group's (LON:BT.A) Dividend Will Be £0.0245

BT Group plc's ( LON:BT.A ) investors are due to receive a payment of £0.0245 per share on 11th of February. Based on...
Article d’analyse Nov 07

BT Group's (LON:BT.A) Returns Have Hit A Wall

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Mise à jour du récit Nov 01

BT.A: Telecom Sector Resilience And Industry Mergers Will Drive Near-Term Outperformance

Analysts have lowered their price targets on BT Group, with reductions ranging from £2.25 to £1.40 per share. They cite concerns about ongoing revenue pressures and expected further declines in key business segments.
Mise à jour du récit Oct 18

UK Fiber And 5G Expansion Will Drive Future Customer Acquisition

BT Group’s updated analyst price targets reflect a modest range of downward and upward revisions, now spanning from £1.40 to £2.25 per share. Analysts cite imminent telecom sector mergers and declining Openreach performance among the key factors behind these changed outlooks.
Mise à jour du récit Oct 03

UK Fiber And 5G Expansion Will Drive Future Customer Acquisition

The consensus analyst price target for BT Group has decreased slightly, falling by £0.03 to £2.07. Analysts cite sector downgrades and expectations of slower revenue growth as key drivers for the revised outlook.
Article d’analyse Sep 26

Is BT Group (LON:BT.A) Using Too Much Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Article d’analyse Sep 08

Some Confidence Is Lacking In BT Group plc's (LON:BT.A) P/E

BT Group plc's ( LON:BT.A ) price-to-earnings (or "P/E") ratio of 19x might make it look like a sell right now compared...
Mise à jour du récit Sep 04

UK Fiber And 5G Expansion Will Drive Future Customer Acquisition

Analysts maintain a cautious view on BT Group due to persistent concerns over Openreach’s declining external revenue and ongoing business uncertainty, resulting in an unchanged consensus price target of £2.10. Analyst Commentary Bearish analysts highlight continued concerns about Openreach's external revenue, which transitioned to decline in 2024/25 with expectations for further deterioration.
Article d’analyse Jul 24

BT Group (LON:BT.A) Has Announced That It Will Be Increasing Its Dividend To £0.0576

BT Group plc ( LON:BT.A ) will increase its dividend on the 10th of September to £0.0576, which is 1.2% higher than...
Article d’analyse Jul 09

BT Group's (LON:BT.A) Upcoming Dividend Will Be Larger Than Last Year's

BT Group plc ( LON:BT.A ) will increase its dividend on the 10th of September to £0.0576, which is 1.2% higher than...
Article d’analyse Jul 02

Returns On Capital At BT Group (LON:BT.A) Have Stalled

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
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Nouveau récit Nov 08

Fiber And 5G Expansion To Drive Growth Amidst Global Transformation

Focus on UK fiber expansion and 5G growth is key for revenue and earnings through increased customer acquisition and ARPU growth.

Ventilation des recettes et des dépenses

Comment BT Group gagne et dépense de l'argent. Sur la base des derniers bénéfices déclarés, sur une base LTM.


Historique des gains et des recettes

LSE:BT.A Recettes, dépenses et bénéfices (GBP Millions )
DateRecettesLes revenusDépenses G+ADépenses de R&D
31 Mar 2619,6541,0778480
31 Dec 2519,8531,0148740
30 Sep 2520,0519509000
30 Jun 2520,2051,0029210
31 Mar 2520,3581,0549410
31 Dec 2420,4339109700
30 Sep 2420,5077669980
30 Jun 2420,6528111,0180
31 Mar 2420,7978551,0380
31 Dec 2320,6901,4351,8650
30 Sep 2320,7221,8561,0310
30 Jun 2320,7521,9051,3460
31 Mar 2320,6811,9051,0900
31 Dec 2220,7671,7084140
30 Sep 2220,9111,7361,1250
30 Jun 2220,9131,6944140
31 Mar 2220,8501,2741,0420
31 Dec 2120,9491,0824050
30 Sep 2121,0461,0478930
30 Jun 2121,1541,0264050
31 Mar 2121,3311,4724050
31 Dec 2021,7171,4843030
30 Sep 2022,0281,5224270
30 Jun 2022,5201,6773030
31 Mar 2022,9051,7344270
31 Dec 1923,1162,0393220
30 Sep 1923,3072,1753220
30 Jun 1923,3462,1153220
31 Mar 1923,4282,1593220
31 Dec 1823,5252,36800
30 Sep 1823,5252,2753170
30 Jun 1823,6042,29600
31 Mar 1823,7232,0323170
31 Dec 1723,8781,69000
30 Sep 1724,0361,56300
30 Jun 1724,1221,60500
31 Mar 1724,0621,9083650
31 Dec 1623,5102,23600
30 Sep 1622,0122,62800
30 Jun 1620,4272,54300
31 Mar 1619,0122,46600
31 Dec 1518,1512,44800
30 Sep 1517,9962,24000
30 Jun 1517,9852,20500

Des revenus de qualité: BT.A a un important ponctuel perte de £488.0M impactant ses 12 derniers mois de résultats financiers à 31st March, 2026.

Augmentation de la marge bénéficiaire: Les marges bénéficiaires nettes actuelles de BT.A sont plus élevées que l'année dernière BT.A. (5.5%) sont plus élevées que l'année dernière (5.2%).


Analyse des flux de trésorerie disponibles par rapport aux bénéfices


Analyse de la croissance passée des bénéfices

Tendance des revenus: Les bénéfices de BT.A ont diminué de 8.1% par an au cours des 5 dernières années.

Accélération de la croissance: La croissance des bénéfices de BT.A au cours de l'année écoulée ( 2.2% ) dépasse sa moyenne sur 5 ans ( -8.1% par an).

Bénéfices par rapport au secteur d'activité: La croissance des bénéfices BT.A au cours de l'année écoulée ( 2.2% ) a dépassé celle du secteur Telecom -1.2%.


Rendement des fonds propres

ROE élevé: Le retour sur capitaux propres de BT.A ( 8.6% ) est considéré comme faible.


Rendement des actifs


Rendement des capitaux employés


Découvrir des entreprises performantes dans le passé

Analyse de l'entreprise et données financières

DonnéesDernière mise à jour (heure UTC)
Analyse de l'entreprise2026/06/16 00:43
Cours de l'action en fin de journée2026/06/16 00:00
Les revenus2026/03/31
Revenus annuels2026/03/31

Sources de données

Les données utilisées dans notre analyse de l'entreprise proviennent de S&P Global Market Intelligence LLC. Les données suivantes sont utilisées dans notre modèle d'analyse pour générer ce rapport. Les données sont normalisées, ce qui peut entraîner un délai avant que la source ne soit disponible.

PaquetDonnéesCadre temporelExemple de source américaine *
Finances de l'entreprise10 ans
  • Compte de résultat
  • Tableau des flux de trésorerie
  • Bilan
Estimations consensuelles des analystes+3 ans
  • Prévisions financières
  • Objectifs de prix des analystes
Prix du marché30 ans
  • Cours des actions
  • Dividendes, scissions et actions
Propriété10 ans
  • Actionnaires principaux
  • Délits d'initiés
Gestion10 ans
  • L'équipe dirigeante
  • Conseil d'administration
Principaux développements10 ans
  • Annonces de l'entreprise

* Exemple pour les titres américains ; pour les titres non américains, des formulaires réglementaires et des sources équivalentes sont utilisés.

Sauf indication contraire, toutes les données financières sont basées sur une période annuelle mais mises à jour trimestriellement. C'est ce qu'on appelle les données des douze derniers mois (TTM) ou des douze derniers mois (LTM). En savoir plus.

Modèle d'analyse et flocon de neige

Les détails du modèle d’analyse utilisé pour générer ce rapport sont disponibles sur notre page Github; nous proposons également des guides expliquant comment utiliser nos rapports et des tutoriels sur Youtube.

Découvrez l'équipe de classe mondiale qui a conçu et construit le modèle d'analyse Simply Wall St.

Indicateurs de l'industrie et du secteur

Nos indicateurs de secteur et de section sont calculés toutes les 6 heures par Simply Wall St. Les détails de notre processus sont disponibles sur Github.

Sources des analystes

BT Group plc est couverte par 38 analystes. 12 de ces analystes ont soumis les estimations de revenus ou de bénéfices utilisées comme données d'entrée dans notre rapport. Les soumissions des analystes sont mises à jour tout au long de la journée.

AnalysteInstitution
John DaviesBanco Santander
Maurice PatrickBarclays
Nicholas LyallBerenberg