BT Group plc

Report azionario LSE:BT.A

Capitalizzazione di mercato: UK£21.5b

BT Group Performance degli utili passati

Criteri Il passato verificati 3/6

Gli utili di BT Group sono diminuiti a un tasso medio annuo di -8.3%, mentre il settore Telecom ha visto gli utili crescere a un tasso medio annuo di 8.5%. I ricavi sono cresciuti diminuire a un tasso medio annuo di 2.2%. Il ritorno sul capitale proprio di BT Group è 7.5% e ha margini netti di 4.7%.

Informazioni chiave

-8.28%

Tasso di crescita degli utili

-11.41%

Tasso di crescita dell'EPS

Telecom Crescita del settore14.50%
Tasso di crescita dei ricavi-2.22%
Rendimento del capitale proprio7.54%
Margine netto4.74%
Prossimo aggiornamento sugli utili22 May 2026

Aggiornamenti sulle prestazioni recenti

Articolo di analisi May 29

BT Group's (LON:BT.A) Solid Earnings Have Been Accounted For Conservatively

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

Recent updates

Aggiornamento della narrazione 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.
Aggiornamento della narrazione 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.
Aggiornamento della narrazione 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.
Aggiornamento della narrazione 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.
Aggiornamento della narrazione 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.
Aggiornamento della narrazione 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.
Aggiornamento della narrazione 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.
Aggiornamento della narrazione 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.
Aggiornamento della narrazione 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.
Articolo di analisi 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...
Aggiornamento della narrazione 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.
Aggiornamento della narrazione 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.
Articolo di analisi 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...
Aggiornamento della narrazione 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.
Articolo di analisi 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...
Articolo di analisi 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...
Aggiornamento della narrazione 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.
Aggiornamento della narrazione 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.
Aggiornamento della narrazione 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.
Articolo di analisi 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...
Articolo di analisi 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...
Aggiornamento della narrazione 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.
Articolo di analisi 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...
Articolo di analisi 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...
Articolo di analisi 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...
Articolo di analisi Jun 12

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

BT Group plc ( LON:BT.A ) has announced that it will be increasing its periodic dividend on the 10th of September to...
Articolo di analisi May 29

BT Group's (LON:BT.A) Solid Earnings Have Been Accounted For Conservatively

The market seemed underwhelmed by last week's earnings announcement from BT Group plc ( LON:BT.A ) despite the healthy...
Articolo di analisi May 25

BT Group (LON:BT.A) Is 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...
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Nuova narrazione 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.

Ripartizione dei ricavi e delle spese

Come BT Group guadagna e spende denaro. In base agli ultimi utili dichiarati, su base LTM.


Storico di utili e ricavi

LSE:BT.A Ricavi, spese e utili (GBP Millions )
DataRicaviUtiliSpese G+ASpese di R&S
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

Guadagni di qualità: BT.A ha un grande una tantum perdita di £812.0M che ha avuto un impatto sui suoi ultimi 12 mesi di risultati finanziari pari a 31st March, 2026.

Margine di profitto in crescita: Gli attuali margini di profitto netti di BT.A (4.7%) BT.A sono più alti rispetto allo scorso anno (3.7%).


Flusso di cassa libero e analisi degli utili


Analisi della crescita degli utili nel passato

Andamento degli utili: Gli utili di BT.A sono diminuiti del 8.3% all'anno negli ultimi 5 anni.

Accelerare la crescita: La crescita degli utili di BT.A nell'ultimo anno ( 24% ) supera la media quinquennale ( -8.3% all'anno).

Guadagni vs Settore: La crescita degli utili BT.A nell'ultimo anno ( 24% ) ha superato la percentuale del settore Telecom -1.3%.


Rendimento del capitale proprio

ROE elevato: Il Return on Equity ( 7.5% ) di BT.A è considerato basso.


Rendimento delle attività


Rendimento del capitale investito


Scoprire le aziende con forti performance passate

Analisi aziendale e situazione dei dati finanziari

DatiUltimo aggiornamento (ora UTC)
Analisi dell'azienda2026/05/21 08:06
Prezzo dell'azione a fine giornata2026/05/21 00:00
Utili2026/03/31
Utili annuali2026/03/31

Fonti dei dati

I dati utilizzati nella nostra analisi aziendale provengono da S&P Global Market Intelligence LLC. I seguenti dati sono utilizzati nel nostro modello di analisi per generare questo report. I dati sono normalizzati, il che può comportare un ritardo nella disponibilità della fonte.

PacchettoDatiTempisticaEsempio Fonte USA *
Dati finanziari della società10 anni
  • Conto economico
  • Rendiconto finanziario
  • Bilancio
Stime di consenso degli analisti+3 anni
  • Previsioni finanziarie
  • Obiettivi di prezzo degli analisti
Prezzi di mercato30 anni
  • Prezzi delle azioni
  • Dividendi, scissioni e azioni
Proprietà10 anni
  • Top azionisti
  • Insider trading
Gestione10 anni
  • Team di leadership
  • Consiglio di amministrazione
Sviluppi principali10 anni
  • Annunci aziendali

* Esempio per i titoli statunitensi, per i titoli non statunitensi si utilizzano forme e fonti normative equivalenti.

Se non specificato, tutti i dati finanziari si basano su un periodo annuale ma vengono aggiornati trimestralmente. Si tratta dei cosiddetti dati TTM (Trailing Twelve Month) o LTM (Last Twelve Month). Per saperne di più.

Modello di analisi e Snowflake

I dettagli del modello di analisi utilizzato per generare questo report sono disponibili sulla nostra pagina Github; abbiamo anche guide su come utilizzare i nostri report e tutorial su Youtube.

Scoprite il team di livello mondiale che ha progettato e realizzato il modello di analisi Simply Wall St.

Metriche di settore e industriali

Le nostre metriche di settore e di sezione sono calcolate ogni 6 ore da Simply Wall St; i dettagli del nostro processo sono disponibili su Github.

Fonti analitiche

BT Group plc è coperta da 40 analisti. 13 di questi analisti ha fornito le stime di fatturato o di utile utilizzate come input per il nostro report. Le stime degli analisti vengono aggiornate nel corso della giornata.

AnalistaIstituzione
Andrew Charles BealeArete Research Services LLP
John DaviesBanco Santander
Maurice PatrickBarclays