Insurance Australia Group Future Growth

Future criteria checks 1/6

Insurance Australia Group's revenue is forecast to decline at 7.4% per annum while its annual earnings are expected to grow at 5.8% per year. EPS is expected to grow by 5% per annum. Return on equity is forecast to be 15.3% in 3 years.

Key information

5.8%

Earnings growth rate

5.0%

EPS growth rate

Insurance earnings growth	8.1%
Revenue growth rate	-7.4%
Future return on equity	15.3%
Analyst coverage	Good
Last updated	27 Sep 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

ASX:IAGPF - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2027	11,111	1,102	1,794	1,721	7
6/30/2026	10,676	1,062	1,720	1,634	7
6/30/2025	10,185	1,024	1,666	1,698	7
6/30/2024	15,994	898	1,800	1,800	N/A
3/31/2024	15,557	821	1,384	1,384	N/A
12/31/2023	9,698	750	968	968	N/A
9/30/2023	9,258	791	710	710	N/A
6/30/2023	14,239	825	452	452	N/A
3/31/2023	12,389	745	614	614	N/A
12/31/2022	10,538	664	776	776	N/A
9/30/2022	9,056	506	838	838	N/A
6/30/2022	7,574	347	899	899	N/A
3/31/2022	7,765	281	1,061	1,061	N/A
12/31/2021	7,956	214	1,222	1,222	N/A
9/30/2021	7,917	-100	1,416	1,416	N/A
6/30/2021	7,878	-414	1,610	1,610	N/A
3/31/2021	7,633	-359	1,304	1,304	N/A
12/31/2020	7,388	-304	998	998	N/A
9/30/2020	7,304	68	690	690	N/A
6/30/2020	7,219	439	381	381	N/A
12/31/2019	7,856	865	407	407	N/A
9/30/2019	7,831	868	498	498	N/A
6/30/2019	7,806	871	589	589	N/A
12/31/2018	7,366	681	289	289	N/A
9/30/2018	7,722	814	118	118	N/A
6/30/2018	8,078	947	-53	-53	N/A
12/31/2017	8,730	1,051	N/A	190	N/A
9/30/2017	8,711	995	N/A	413	N/A
6/30/2017	8,692	938	N/A	636	N/A
3/31/2017	8,567	767	N/A	121	N/A
12/31/2016	8,166	605	N/A	-395	N/A
9/30/2016	8,135	615	N/A	-1,170	N/A
6/30/2016	8,104	625	N/A	-1,946	N/A
3/31/2016	8,916	620	N/A	-1,310	N/A
12/31/2015	9,727	615	N/A	-674	N/A
9/30/2015	10,425	672	N/A	12	N/A
6/30/2015	11,122	728	N/A	698	N/A
3/31/2015	10,840	949	N/A	795	N/A
12/31/2014	10,557	1,170	N/A	892	N/A
9/30/2014	10,020	1,202	N/A	985	N/A
6/30/2014	9,483	1,233	N/A	1,077	N/A
12/31/2013	9,105	1,062	N/A	1,323	N/A
9/30/2013	9,032	1,063	N/A	1,557	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: IAGPF's forecast earnings growth (5.8% per year) is above the savings rate (2.4%).

Earnings vs Market: IAGPF's earnings (5.8% per year) are forecast to grow slower than the Australian market (12.2% per year).

High Growth Earnings: IAGPF's earnings are forecast to grow, but not significantly.

Revenue vs Market: IAGPF's revenue is expected to decline over the next 3 years (-7.4% per year).

High Growth Revenue: IAGPF's revenue is forecast to decline over the next 3 years (-7.4% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: IAGPF's Return on Equity is forecast to be low in 3 years time (15.3%).