Wesfarmers Limited

ASX:WES Stock Report

Market Cap: AU$95.3b

Wesfarmers Future Growth

Future criteria checks 2/6

Wesfarmers is forecast to grow earnings and revenue by 5.5% and 3.8% per annum respectively. EPS is expected to grow by 5.6% per annum. Return on equity is forecast to be 37.1% in 3 years.

Key information

5.5%

Earnings growth rate

5.58%

EPS growth rate

Multiline Retail earnings growth5.7%
Revenue growth rate3.8%
Future return on equity37.14%
Analyst coverage

Good

Last updated30 Oct 2025

Recent future growth updates

Wesfarmers Limited Just Beat EPS By 7.8%: Here's What Analysts Think Will Happen Next

Aug 30
Wesfarmers Limited Just Beat EPS By 7.8%: Here's What Analysts Think Will Happen Next

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

There's Reason For Concern Over Wesfarmers Limited's (ASX:WES) Price

Oct 27
There's Reason For Concern Over Wesfarmers Limited's (ASX:WES) Price

Wesfarmers (ASX:WES) Has A Pretty Healthy Balance Sheet

Oct 09
Wesfarmers (ASX:WES) Has A Pretty Healthy Balance Sheet

Why We Like The Returns At Wesfarmers (ASX:WES)

Sep 21
Why We Like The Returns At Wesfarmers (ASX:WES)

Wesfarmers Limited Just Beat EPS By 7.8%: Here's What Analysts Think Will Happen Next

Aug 30
Wesfarmers Limited Just Beat EPS By 7.8%: Here's What Analysts Think Will Happen Next

If EPS Growth Is Important To You, Wesfarmers (ASX:WES) Presents An Opportunity

Aug 28
If EPS Growth Is Important To You, Wesfarmers (ASX:WES) Presents An Opportunity

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?
User avatar

Construction Slowdown May Challenge Bunnings, But Tech Investments May Improve Customer Experience

Construction sector challenges and global commodity volatility could affect Wesfarmers' revenue growth and profitability.

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)?

Earnings and Revenue Growth Forecasts

ASX:WES - Analysts future estimates and past financials data (AUD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
6/30/202851,6363,3633,7215,02811
6/30/202749,6793,1473,2054,75113
6/30/202647,3062,8232,9664,51613
6/30/202545,7002,9263,4214,568N/A
3/31/202545,3532,7633,3004,420N/A
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
12/31/201827,3371,811N/A3,170N/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

Analyst Future Growth Forecasts

Earnings vs Savings Rate: WES's forecast earnings growth (5.5% per year) is above the savings rate (3.1%).

Earnings vs Market: WES's earnings (5.5% per year) are forecast to grow slower than the Australian market (11.7% per year).

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

Revenue vs Market: WES's revenue (3.8% per year) is forecast to grow slower than the Australian market (5.9% per year).

High Growth Revenue: WES's revenue (3.8% 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 (37.1%)

Discover growth companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/31 10:08
End of Day Share Price 2025/10/31 00:00
Earnings2025/06/30
Annual Earnings2025/06/30

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 19 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Thomas KierathBarrenjoey Markets Pty Limited
David ErringtonBofA Global Research
Daniel BroerenCGS International