Air New Zealand Limited

NZSE:AIR Stock Report

Market Cap: NZ$1.9b

Air New Zealand Past Earnings Performance

Past criteria checks 2/6

Air New Zealand has been growing earnings at an average annual rate of 19.4%, while the Airlines industry saw earnings growing at 33.4% annually. Revenues have been growing at an average rate of 6.7% per year. Air New Zealand's return on equity is 7.3%, and it has net margins of 2.2%.

Key information

19.4%

Earnings growth rate

11.5%

EPS growth rate

Airlines Industry Growth0.5%
Revenue growth rate6.7%
Return on equity7.3%
Net Margin2.2%
Last Earnings Update30 Jun 2024

Recent past performance updates

Recent updates

Fewer Investors Than Expected Jumping On Air New Zealand Limited (NZSE:AIR)

Nov 27
Fewer Investors Than Expected Jumping On Air New Zealand Limited (NZSE:AIR)

Some Investors May Be Worried About Air New Zealand's (NZSE:AIR) Returns On Capital

Oct 31
Some Investors May Be Worried About Air New Zealand's (NZSE:AIR) Returns On Capital

Air New Zealand Limited Just Missed EPS By 10%: Here's What Analysts Think Will Happen Next

Sep 02
Air New Zealand Limited Just Missed EPS By 10%: Here's What Analysts Think Will Happen Next

Air New Zealand Limited (NZSE:AIR) Investors Are Less Pessimistic Than Expected

Aug 20
Air New Zealand Limited (NZSE:AIR) Investors Are Less Pessimistic Than Expected

Air New Zealand (NZSE:AIR) Hasn't Managed To Accelerate Its Returns

Jul 22
Air New Zealand (NZSE:AIR) Hasn't Managed To Accelerate Its Returns

Investors Met With Slowing Returns on Capital At Air New Zealand (NZSE:AIR)

Apr 19
Investors Met With Slowing Returns on Capital At Air New Zealand (NZSE:AIR)

Analysts Have Been Trimming Their Air New Zealand Limited (NZSE:AIR) Price Target After Its Latest Report

Feb 25
Analysts Have Been Trimming Their Air New Zealand Limited (NZSE:AIR) Price Target After Its Latest Report

Calculating The Intrinsic Value Of Air New Zealand Limited (NZSE:AIR)

Feb 20
Calculating The Intrinsic Value Of Air New Zealand Limited (NZSE:AIR)

These 4 Measures Indicate That Air New Zealand (NZSE:AIR) Is Using Debt Extensively

Dec 15
These 4 Measures Indicate That Air New Zealand (NZSE:AIR) Is Using Debt Extensively

Shareholders Will Probably Be Cautious Of Increasing Air New Zealand Limited's (NZSE:AIR) CEO Compensation At The Moment

Sep 19
Shareholders Will Probably Be Cautious Of Increasing Air New Zealand Limited's (NZSE:AIR) CEO Compensation At The Moment

Air New Zealand (NZSE:AIR) Has A Somewhat Strained Balance Sheet

Aug 28
Air New Zealand (NZSE:AIR) Has A Somewhat Strained Balance Sheet

Is Air New Zealand (NZSE:AIR) Using Debt In A Risky Way?

Nov 22
Is Air New Zealand (NZSE:AIR) Using Debt In A Risky Way?

Here's Why Shareholders Should Examine Air New Zealand Limited's (NZSE:AIR) CEO Compensation Package More Closely

Sep 15
Here's Why Shareholders Should Examine Air New Zealand Limited's (NZSE:AIR) CEO Compensation Package More Closely

Is Air New Zealand (NZSE:AIR) A Risky Investment?

Mar 31
Is Air New Zealand (NZSE:AIR) A Risky Investment?

When Should You Buy Air New Zealand Limited (NZSE:AIR)?

Feb 27
When Should You Buy Air New Zealand Limited (NZSE:AIR)?

The Air New Zealand Limited (NZSE:AIR) Half-Yearly Results Are Out And Analysts Have Published New Forecasts

Feb 27
The Air New Zealand Limited (NZSE:AIR) Half-Yearly Results Are Out And Analysts Have Published New Forecasts

If You Had Bought Air New Zealand's (NZSE:AIR) Shares Three Years Ago You Would Be Down 45%

Feb 09
If You Had Bought Air New Zealand's (NZSE:AIR) Shares Three Years Ago You Would Be Down 45%

Should You Review Recent Insider Transactions At Air New Zealand Limited (NZSE:AIR)?

Jan 13
Should You Review Recent Insider Transactions At Air New Zealand Limited (NZSE:AIR)?

What You Need To Know About Air New Zealand Limited's (NZSE:AIR) Investor Composition

Dec 18
What You Need To Know About Air New Zealand Limited's (NZSE:AIR) Investor Composition

Revenue & Expenses Breakdown

How Air New Zealand makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NZSE:AIR Revenue, expenses and earnings (NZD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 246,7521463330
31 Mar 246,7392373300
31 Dec 236,7263283260
30 Sep 236,5283703130
30 Jun 236,3304122990
31 Mar 235,5081532650
31 Dec 224,686-1062300
30 Sep 223,710-3481840
30 Jun 222,733-5911380
31 Mar 222,569-5411150
31 Dec 212,405-491920
30 Sep 212,460-391860
30 Jun 212,514-292800
31 Mar 212,784-460980
31 Dec 203,054-6281160
30 Sep 203,945-5411890
30 Jun 204,835-4542610
31 Mar 205,354-1133040
31 Dec 195,8732273460
30 Sep 195,8292523480
30 Jun 195,7852763500
31 Mar 195,7382923530
31 Dec 185,6903083550
30 Sep 185,5933493500
30 Jun 185,4953903440
31 Mar 185,3763743450
31 Dec 175,2573583460
30 Sep 175,1833703490
30 Jun 175,1093823520
31 Mar 175,1133823470
31 Dec 165,1173813420
30 Sep 165,1744223450
30 Jun 165,2314633480
31 Mar 165,2264983450
31 Dec 155,2205323420
30 Sep 155,0734303230
30 Jun 154,9253273030
31 Mar 154,8282912910
31 Dec 144,7312552780
30 Sep 144,6922592790
30 Jun 144,6522632800
31 Mar 144,6122432770
31 Dec 134,5712222730

Quality Earnings: AIR has high quality earnings.

Growing Profit Margin: AIR's current net profit margins (2.2%) are lower than last year (6.5%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: AIR's earnings have grown by 19.4% per year over the past 5 years.

Accelerating Growth: AIR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: AIR had negative earnings growth (-64.6%) over the past year, making it difficult to compare to the Airlines industry average (12.7%).

Return on Equity

High ROE: AIR's Return on Equity (7.3%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 10:41
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

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 here.

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 .

Analyst Sources

Air New Zealand Limited is covered by 13 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Wade GardinerDeutsche Bank
Russell WrightEverBlu Research Pty Ltd
Andrew BowleyForsyth Barr Group Ltd.