Airtel Africa is forecast to grow earnings and revenue by 27.3% and 14.3% per annum respectively. EPS is expected to grow by 24.1% per annum. Return on equity is forecast to be 43.9% in 3 years.
Key information
27.3%
Earnings growth rate
24.07%
EPS growth rate
Wireless Telecom earnings growth
23.2%
Revenue growth rate
14.3%
Future return on equity
43.89%
Analyst coverage
Good
Last updated
02 Jun 2026
Recent future growth updates
No updates
Recent updates
Earnings and Revenue Growth Forecasts
DB:9AA0 - Analysts future estimates and past financials data (USD Millions)
Date
Revenue
Earnings
Free Cash Flow
Cash from Op
Avg. No. Analysts
3/31/2029
10,137
1,829
1,159
N/A
5
3/31/2028
8,906
1,425
1,393
3,086
8
3/31/2027
7,702
1,014
777
2,651
8
3/31/2026
6,442
679
2,320
3,195
N/A
12/31/2025
6,012
536
2,180
2,949
N/A
9/30/2025
5,591
492
1,972
2,675
N/A
6/30/2025
5,234
339
1,645
2,420
N/A
3/31/2025
4,977
220
1,407
2,266
N/A
12/31/2024
4,776
60
1,189
2,116
N/A
9/30/2024
4,743
-79
1,100
2,117
N/A
6/30/2024
4,780
12
1,162
2,093
N/A
3/31/2024
5,000
-165
1,230
2,259
N/A
12/31/2023
5,224
134
1,251
2,284
N/A
9/30/2023
5,336
312
1,015
2,339
N/A
6/30/2023
5,393
330
1,073
2,420
N/A
3/31/2023
5,268
663
948
2,229
N/A
12/31/2022
5,146
659
951
2,223
N/A
9/30/2022
5,015
642
1,195
2,100
N/A
6/30/2022
4,868
669
1,090
1,953
N/A
3/31/2022
4,724
631
1,272
2,011
N/A
12/31/2021
4,570
573
1,098
1,948
N/A
9/30/2021
4,383
513
981
1,844
N/A
6/30/2021
4,180
422
956
1,805
N/A
3/31/2021
3,919
339
751
1,666
N/A
12/31/2020
3,752
271
759
1,548
N/A
9/30/2020
3,604
266
714
1,508
N/A
6/30/2020
3,493
287
599
1,414
N/A
3/31/2020
3,439
370
576
1,387
N/A
12/31/2019
3,322
331
N/A
1,416
N/A
9/30/2019
3,224
374
N/A
1,267
N/A
6/30/2019
3,148
394
N/A
1,078
N/A
3/31/2019
3,103
388
N/A
1,071
N/A
3/31/2018
2,927
-138
N/A
831
N/A
3/31/2017
2,891
-630
N/A
421
N/A
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 9AA0's forecast earnings growth (27.3% per year) is above the savings rate (1.9%).
Earnings vs Market: 9AA0's earnings (27.3% per year) are forecast to grow faster than the German market (17% per year).
High Growth Earnings: 9AA0's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 9AA0's revenue (14.3% per year) is forecast to grow faster than the German market (6.6% per year).
High Growth Revenue: 9AA0's revenue (14.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 9AA0's Return on Equity is forecast to be very high in 3 years time (43.9%).
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/06/17 02:58
End of Day Share Price
2026/06/17 00:00
Earnings
2026/03/31
Annual Earnings
2026/03/31
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.
* 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.
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Industry and Sector Metrics
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Analyst Sources
Airtel Africa Plc is covered by 14 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.