Bangkok Airways is forecast to grow earnings and revenue by 3.8% and 1.5% per annum respectively. EPS is expected to grow by 3.6% per annum. Return on equity is forecast to be 23.9% in 3 years.
Key information
3.8%
Earnings growth rate
3.56%
EPS growth rate
Airlines earnings growth
7.7%
Revenue growth rate
1.5%
Future return on equity
23.91%
Analyst coverage
Good
Last updated
28 May 2026
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
DB:8BA - Analysts future estimates and past financials data (THB Millions)
Date
Revenue
Earnings
Free Cash Flow
Cash from Op
Avg. No. Analysts
12/31/2028
26,057
4,178
6,417
5,649
4
12/31/2027
25,576
3,987
5,700
5,845
7
12/31/2026
23,895
3,291
4,326
4,086
6
3/31/2026
25,402
3,965
4,893
5,860
N/A
12/31/2025
25,497
3,549
4,825
5,915
N/A
9/30/2025
25,457
3,649
4,965
5,938
N/A
6/30/2025
25,487
3,279
4,700
5,449
N/A
3/31/2025
25,558
3,589
4,996
6,355
N/A
12/31/2024
25,512
3,788
5,329
6,519
N/A
9/30/2024
24,905
2,911
5,043
6,179
N/A
6/30/2024
23,955
4,151
5,736
6,794
N/A
3/31/2024
23,105
4,108
5,945
6,458
N/A
12/31/2023
21,055
3,110
5,009
5,546
N/A
9/30/2023
20,250
3,606
5,130
5,556
N/A
6/30/2023
18,604
1,302
4,001
4,423
N/A
3/31/2023
16,267
-215
3,249
3,580
N/A
12/31/2022
12,228
-2,110
1,348
1,568
N/A
9/30/2022
8,812
-2,402
131
294
N/A
6/30/2022
5,761
-8,986
-815
-675
N/A
3/31/2022
4,135
-8,824
-1,934
-1,845
N/A
12/31/2021
3,583
-8,550
-2,254
-2,174
N/A
9/30/2021
5,353
-8,809
-2,580
-2,434
N/A
6/30/2021
5,673
-3,401
-2,456
-2,307
N/A
3/31/2021
5,788
-5,690
-4,928
-4,633
N/A
12/31/2020
10,767
-5,283
-4,932
-4,268
N/A
9/30/2020
13,981
-4,400
-4,714
-3,841
N/A
6/30/2020
19,292
-2,773
-3,840
-2,870
N/A
3/31/2020
24,259
-492
-1,655
-18
N/A
12/31/2019
25,937
351
N/A
1,176
N/A
9/30/2019
26,161
-546
N/A
1,076
N/A
6/30/2019
26,825
-568
N/A
1,251
N/A
3/31/2019
26,824
43
N/A
1,646
N/A
12/31/2018
26,861
249
N/A
1,902
N/A
9/30/2018
26,928
1,594
N/A
1,849
N/A
6/30/2018
26,740
1,401
N/A
1,617
N/A
3/31/2018
26,597
950
N/A
1,420
N/A
12/31/2017
26,193
788
N/A
762
N/A
9/30/2017
25,873
-462
N/A
1,939
N/A
6/30/2017
25,685
358
N/A
2,036
N/A
3/31/2017
25,698
764
N/A
2,438
N/A
12/31/2016
25,972
1,768
N/A
3,495
N/A
9/30/2016
25,980
2,144
N/A
3,458
N/A
6/30/2016
25,600
2,061
N/A
4,506
N/A
3/31/2016
25,065
2,280
N/A
4,517
N/A
12/31/2015
24,044
1,797
N/A
3,901
N/A
9/30/2015
23,629
1,955
N/A
3,162
N/A
6/30/2015
22,761
1,325
N/A
1,764
N/A
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 8BA's forecast earnings growth (3.8% per year) is above the savings rate (1.9%).
Earnings vs Market: 8BA's earnings (3.8% per year) are forecast to grow slower than the German market (17.3% per year).
High Growth Earnings: 8BA's earnings are forecast to grow, but not significantly.
Revenue vs Market: 8BA's revenue (1.5% per year) is forecast to grow slower than the German market (6.7% per year).
High Growth Revenue: 8BA's revenue (1.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 8BA's Return on Equity is forecast to be high in 3 years time (23.9%)
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/06/05 21:52
End of Day Share Price
2026/06/05 00:00
Earnings
2026/03/31
Annual Earnings
2025/12/31
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
Bangkok Airways Public Company Limited is covered by 19 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.