Wesfarmers Limited

ASX:WES Stock Report

Market Cap: AU$79.1b

Wesfarmers Future Growth

Future criteria checks 2/6

Wesfarmers is forecast to grow earnings and revenue by 9.1% and 3.7% per annum respectively. EPS is expected to grow by 9% per annum. Return on equity is forecast to be 34% in 3 years.

Key information

9.1%

Earnings growth rate

9.0%

EPS growth rate

Multiline Retail earnings growth8.9%
Revenue growth rate3.7%
Future return on equity34.0%
Analyst coverage

Good

Last updated24 Feb 2025

Recent future growth updates

Wesfarmers Limited (ASX:WES) Just Released Its Half-Yearly Results And Analysts Are Updating Their Estimates

Feb 21
Wesfarmers Limited (ASX:WES) Just Released Its Half-Yearly Results And Analysts Are Updating Their Estimates

Recent updates

Wesfarmers (ASX:WES) Will Pay A Dividend Of A$0.95

Feb 22
Wesfarmers (ASX:WES) Will Pay A Dividend Of A$0.95

Wesfarmers Limited (ASX:WES) Just Released Its Half-Yearly Results And Analysts Are Updating Their Estimates

Feb 21
Wesfarmers Limited (ASX:WES) Just Released Its Half-Yearly Results And Analysts Are Updating Their Estimates

At AU$76.24, Is It Time To Put Wesfarmers Limited (ASX:WES) On Your Watch List?

Feb 09
At AU$76.24, Is It Time To Put Wesfarmers Limited (ASX:WES) On Your Watch List?

Shareholders Are Optimistic That Wesfarmers (ASX:WES) Will Multiply In Value

Dec 28
Shareholders Are Optimistic That Wesfarmers (ASX:WES) Will Multiply In Value

Does Wesfarmers (ASX:WES) Have A Healthy Balance Sheet?

Nov 22
Does Wesfarmers (ASX:WES) Have A Healthy Balance Sheet?

Is It Time To Consider Buying Wesfarmers Limited (ASX:WES)?

Nov 04
Is It Time To Consider Buying Wesfarmers Limited (ASX:WES)?

Wesfarmers Limited's (ASX:WES) Business Is Yet to Catch Up With Its Share Price

Oct 03
Wesfarmers Limited's (ASX:WES) Business Is Yet to Catch Up With Its Share Price

Shareholders Are Optimistic That Wesfarmers (ASX:WES) Will Multiply In Value

Sep 17
Shareholders Are Optimistic That Wesfarmers (ASX:WES) Will Multiply In Value

Is Wesfarmers Limited (ASX:WES) Expensive For A Reason? A Look At Its Intrinsic Value

Aug 04
Is Wesfarmers Limited (ASX:WES) Expensive For A Reason? A Look At Its Intrinsic Value

Is Now An Opportune Moment To Examine Wesfarmers Limited (ASX:WES)?

Jul 18
Is Now An Opportune Moment To Examine Wesfarmers Limited (ASX:WES)?

Wesfarmers (ASX:WES) Seems To Use Debt Quite Sensibly

Jun 26
Wesfarmers (ASX:WES) Seems To Use Debt Quite Sensibly

Wesfarmers (ASX:WES) Is Aiming To Keep Up Its Impressive Returns

Jun 08
Wesfarmers (ASX:WES) Is Aiming To Keep Up Its Impressive Returns

Some Shareholders Feeling Restless Over Wesfarmers Limited's (ASX:WES) P/E Ratio

May 03
Some Shareholders Feeling Restless Over Wesfarmers Limited's (ASX:WES) P/E Ratio

Estimating The Intrinsic Value Of Wesfarmers Limited (ASX:WES)

Apr 15
Estimating The Intrinsic Value Of Wesfarmers Limited (ASX:WES)

Earnings and Revenue Growth Forecasts

ASX:WES - Analysts future estimates and past financials data (AUD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
6/30/202749,2213,2533,3754,67213
6/30/202647,2052,9623,0694,34614
6/30/202545,7682,6332,8914,25314
12/31/202445,0062,5993,1784,271N/A
9/30/202444,5982,5783,3484,433N/A
6/30/202444,1892,5573,5184,594N/A
3/31/202443,9272,5323,7184,850N/A
12/31/202343,6652,5063,9175,106N/A
9/30/202343,6082,4863,4044,643N/A
6/30/202343,5502,4652,8914,179N/A
3/31/202342,5942,4942,1853,448N/A
12/31/202241,6382,5231,4792,716N/A
9/30/202239,2382,4381,3182,509N/A
6/30/202236,8382,3521,1572,301N/A
3/31/202235,3822,2781,4062,512N/A
12/31/202133,9252,2031,6542,723N/A
9/30/202133,9332,2922,0713,053N/A
6/30/202133,9412,3802,4873,383N/A
3/31/202133,6562,1333,1484,007N/A
12/31/202033,3711,8853,8094,631N/A
9/30/202032,1091,7543,7444,589N/A
6/30/202030,8461,6223,6794,546N/A
3/31/202029,8141,8052,8433,704N/A
12/31/201928,7811,9872,0062,862N/A
9/30/201928,3511,9641,6842,790N/A
6/30/201927,9201,9401,3622,718N/A
3/31/201927,6291,876N/AN/AN/A
12/31/201827,3371,8111,4043,170N/A
9/30/201827,0501,610N/A3,625N/A
6/30/201826,7631,409N/A4,080N/A
12/31/201743,8101,861N/A4,475N/A
9/30/201754,3622,311N/A4,351N/A
6/30/201764,9132,760N/A4,226N/A
3/31/201767,9401,732N/A3,918N/A
12/31/201667,436591N/A3,609N/A
9/30/201666,709499N/A3,487N/A
6/30/201665,981407N/A3,365N/A
3/31/201664,9601,432N/A3,640N/A
12/31/201563,9392,457N/A3,914N/A
9/30/201563,1932,449N/A3,853N/A
6/30/201562,4472,440N/A3,791N/A
3/31/201561,9282,028N/AN/AN/A
12/31/201461,4081,615N/A3,750N/A
9/30/201460,7951,563N/A3,488N/A
6/30/201460,1811,510N/A3,226N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: WES's forecast earnings growth (9.1% per year) is above the savings rate (2.7%).

Earnings vs Market: WES's earnings (9.1% per year) are forecast to grow slower than the Australian market (12% per year).

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

Revenue vs Market: WES's revenue (3.7% per year) is forecast to grow slower than the Australian market (5.8% per year).

High Growth Revenue: WES's revenue (3.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: WES's Return on Equity is forecast to be high in 3 years time (34%)

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/12 03:57
End of Day Share Price 2025/03/12 00:00
Earnings2024/12/31
Annual Earnings2024/06/30

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

Wesfarmers Limited is covered by 29 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Russell WrightAPP Securities Pty Ltd.
Russell WrightBarclay Pearce Capital Pty Limited
Thomas KierathBarrenjoey Markets Pty Limited