Macquarie Group Future Growth

Future criteria checks 2/6

Macquarie Group is forecast to grow earnings and revenue by 9.3% and 5.4% per annum respectively. EPS is expected to grow by 9.4% per annum. Return on equity is forecast to be 13.1% in 3 years.

Key information

9.3%

Earnings growth rate

9.4%

EPS growth rate

Capital Markets earnings growth	10.3%
Revenue growth rate	5.4%
Future return on equity	13.1%
Analyst coverage	Good
Last updated	26 Jul 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

DB:4M42 - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	19,976	4,881	N/A	N/A	7
3/31/2026	19,130	4,596	N/A	N/A	7
3/31/2025	17,925	4,065	N/A	N/A	7
3/31/2024	16,915	3,385	-19,527	-17,570	N/A
12/31/2023	17,673	3,767	-26,517	-24,825	N/A
9/30/2023	18,430	4,149	-33,508	-32,081	N/A
6/30/2023	18,786	4,582	-39,372	-38,246	N/A
3/31/2023	19,141	5,015	-45,236	-44,412	N/A
12/31/2022	18,658	4,915	-17,782	-16,939	N/A
9/30/2022	18,174	4,814	9,671	10,533	N/A
6/30/2022	17,789	4,687	20,840	21,760	N/A
3/31/2022	17,403	4,559	32,009	32,986	N/A
12/31/2021	16,328	4,250	21,296	22,247	N/A
9/30/2021	15,253	3,941	10,583	11,508	N/A
6/30/2021	14,087	3,429	-2,265	-1,422	N/A
3/31/2021	12,920	2,916	-15,114	-14,353	N/A
12/31/2020	12,280	2,551	-12,931	-12,138	N/A
9/30/2020	11,639	2,185	-10,748	-9,924	N/A
6/30/2020	11,984	2,411	-5,357	-4,362	N/A
3/31/2020	12,328	2,636	34	1,199	N/A
12/31/2019	12,728	2,823	-5,313	-4,409	N/A
9/30/2019	13,128	3,009	-10,661	-10,018	N/A
6/30/2019	12,852	2,936	-9,487	-8,849	N/A
3/31/2019	12,576	2,862	-8,314	-7,681	N/A
12/31/2018	11,634	2,686	-2,911	-2,217	N/A
9/30/2018	10,691	2,509	2,492	3,246	N/A
6/30/2018	10,566	2,477	3,011	3,516	N/A
3/31/2018	10,440	2,445	3,530	3,785	N/A
12/31/2017	10,361	2,375	N/A	-2,503	N/A
9/30/2017	10,282	2,304	N/A	-8,792	N/A
6/30/2017	10,106	2,208	N/A	-10,030	N/A
3/31/2017	9,930	2,112	N/A	-11,269	N/A
12/31/2016	9,869	2,028	N/A	-2,531	N/A
9/30/2016	9,807	1,944	N/A	6,207	N/A
6/30/2016	9,945	1,948	N/A	9,515	N/A
3/31/2016	10,083	1,951	N/A	12,823	N/A
12/31/2015	10,266	1,913	N/A	7,348	N/A
9/30/2015	10,448	1,875	N/A	1,873	N/A
6/30/2015	9,939	1,686	N/A	-270	N/A
3/31/2015	9,430	1,497	N/A	-2,413	N/A
12/31/2014	9,100	1,419	N/A	-2,298	N/A
9/30/2014	8,769	1,340	N/A	-2,183	N/A
6/30/2014	8,465	1,257	N/A	-1,324	N/A
3/31/2014	8,160	1,174	N/A	-466	N/A
12/31/2013	7,732	1,077	N/A	N/A	N/A
9/30/2013	7,303	980	N/A	-2,564	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 4M42's forecast earnings growth (9.3% per year) is above the savings rate (0.8%).

Earnings vs Market: 4M42's earnings (9.3% per year) are forecast to grow slower than the German market (19.8% per year).

High Growth Earnings: 4M42's earnings are forecast to grow, but not significantly.

Revenue vs Market: 4M42's revenue (5.4% per year) is forecast to grow faster than the German market (5.2% per year).

High Growth Revenue: 4M42's revenue (5.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 4M42's Return on Equity is forecast to be low in 3 years time (13.1%).