Stock Analysis

ANA Holdings Full Year 2024 Earnings: EPS Beats Expectations

Simply Wall St

April 29, 2024

ANA Holdings (TSE:9202) Full Year 2024 Results

Key Financial Results

Revenue: JP¥2.06t (up 20% from FY 2023).
Net income: JP¥157.1b (up 76% from FY 2023).
Profit margin: 7.6% (up from 5.2% in FY 2023). The increase in margin was driven by higher revenue.
EPS: JP¥335 (up from JP¥190 in FY 2023).

9202 Operational Performance

Available seat kilometres (ASK): 107.51b (up 25% from FY 2023).
Passenger load factor: 73.7% (up from 68.3% in FY 2023).

revenue-and-expenses-breakdown — TSE:9202 Revenue and Expenses Breakdown April 29th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

ANA Holdings EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 13%.

The primary driver behind last 12 months revenue was the Air Transportation segment contributing a total revenue of JP¥1.87t (91% of total revenue). Notably, cost of sales worth JP¥1.64t amounted to 80% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to JP¥126.9b (49% of total expenses). Explore how 9202's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Airlines industry in Asia.

Performance of the market in Japan.

The company's shares are up 3.4% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for ANA Holdings (1 is potentially serious) you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.