Freightways Group Past Earnings Performance
Past criteria checks 4/6
Freightways Group has been growing earnings at an average annual rate of 9.5%, while the Logistics industry saw earnings growing at 11.7% annually. Revenues have been growing at an average rate of 12.5% per year. Freightways Group's return on equity is 16.4%, and it has net margins of 6.5%.
Key information
9.51%
Earnings growth rate
7.44%
EPS growth rate
| Logistics Industry Growth | 20.75% |
| Revenue growth rate | 12.48% |
| Return on equity | 16.39% |
| Net Margin | 6.51% |
| Last Earnings Update | 31 Dec 2025 |
Recent past performance updates
Recent updates
Narrative Update • Jun 24
FRW: Future Dividend Profile Will Support A More Balanced Earnings Outlook
Analysts have nudged their Freightways Group price target slightly higher to NZ$15.25 from NZ$15.18. This reflects updated assumptions for revenue growth, profit margins, discount rate and future P/E multiples.Analysis Article • Jun 17
Should You Be Adding Freightways Group (NZSE:FRW) To Your Watchlist Today?
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Narrative Update • Jun 05
FRW: Future Dividend Profile Will Support A More Balanced Earnings Outlook
Analysts have made a very small adjustment to their Freightways Group price target, moving it from NZ$15.19 to NZ$15.18, reflecting updated assumptions for the discount rate, revenue growth, profit margin and future P/E multiple. What's in the News No recent company specific news items were available from the provided sources for Freightways Group.Narrative Update • May 22
FRW: Future Dividend Profile Will Support A More Confident Earnings Outlook
Analysts have trimmed their price target on Freightways Group slightly, with fair value moving from NZ$15.36 to NZ$15.19 as they factor in updated assumptions for the discount rate, revenue growth, profit margin, and future P/E. Valuation Changes Fair Value: NZ$15.36 has edged down slightly to NZ$15.19.Narrative Update • Apr 29
FRW: Upcoming Dividend Schedule Will Support A More Confident Future Earnings Outlook
Analysts have nudged their fair value estimate for Freightways Group slightly higher to NZ$15.36 from NZ$15.34, reflecting small adjustments to the discount rate and long run assumptions on profit margins and future P/E multiples. What's in the News Freightways Group declared a cash dividend of NZ$0.24705882 per share for the six months ended December 31, 2025, giving investors clarity on the upcoming payout schedule.Narrative Update • Apr 12
FRW: Upcoming Dividend Timeline Will Support A More Confident Earnings Outlook
Analysts have made a small upward revision to their Freightways Group valuation, nudging the fair value estimate from NZ$15.31 to NZ$15.34 as they refresh assumptions around the discount rate, long run revenue growth, profit margins, and future P/E expectations. What's in the News Freightways Group declared a cash dividend of NZ$0.24705882 per share for the six months ended December 31, 2025, giving you clear visibility on the latest payout terms (Key Developments).Narrative Update • Mar 29
FRW: Upcoming Dividend Schedule Will Support A More Confident Earnings Outlook
Analysts have nudged their price target for Freightways Group slightly higher to NZ$15.31 from NZ$15.28. This reflects updated assumptions around the discount rate, long-term revenue growth, profit margins and future P/E multiples.Narrative Update • Mar 13
FRW: Dividend Timeline Will Support A More Confident Forward Earnings Outlook
Freightways Group's analyst price target has been adjusted slightly higher to around NZ$15.28 from NZ$15.27. Analysts point to updated assumptions on discount rates, revenue growth, profit margins and future P/E as the key drivers of this fine tuning.Narrative Update • Feb 25
FRW: Dividend Timeline And Refined Assumptions Will Support A Steady Outlook
Analysts have nudged their price target for Freightways Group higher to NZ$15.27 from NZ$14.79, reflecting updated assumptions for discount rates, revenue growth, profit margins and future P/E levels. What's in the News Freightways Group declared a cash dividend of NZ$0.24705882 per share for the six months ended December 31, 2025, giving investors clarity on the latest distribution per share (Key Developments).Narrative Update • Feb 11
FRW: Refreshed Assumptions Will Shape A Steady And Fairly Balanced Outlook
Analysts have lifted their price target for Freightways Group from $14.28 to $14.79 as they refresh assumptions around revenue growth, discount rate, profit margins and future P/E to reflect their latest views on the business. Valuation Changes Fair Value: updated from NZ$14.28 to NZ$14.79, a small uplift in the assessed value per share.Analysis Article • Feb 09
If EPS Growth Is Important To You, Freightways Group (NZSE:FRW) Presents An Opportunity
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Narrative Update • Jan 27
FRW: Updated Growth And Margin Assumptions Will Shape A Fairly Balanced Outlook
Analysts have raised their fair value estimate for Freightways Group from NZ$13.79 to NZ$14.28. They cite updated assumptions that include modestly higher revenue growth, slightly stronger profit margins, and small adjustments to the discount rate and future P/E multiple.Narrative Update • Jan 12
FRW: Future Discount Rate And P/E Assumptions Will Support Fairly Balanced Outlook
Analysts now see Freightways Group's fair value at $13.79, a small move from $13.69. This reflects updated assumptions around discount rate, revenue growth, profit margins and future P/E expectations.Narrative Update • Dec 26
FRW: Future Revenue And Margin Assumptions Will Shape Fairly Balanced Outlook
Analysts have raised their price target for Freightways Group slightly, from NZ$13.51 to NZ$13.69. This reflects modestly stronger expectations for revenue growth and margins, even as long term valuation multiples edge lower.Narrative Update • Dec 12
FRW: Future Margins And Discount Rate Tweaks Will Guide Near-Term Outlook
Analysts have made a marginal downward revision to their price target for Freightways Group, trimming fair value by about NZ$0.02 to approximately NZ$13.51, as they fine tune assumptions around discount rates, revenue growth, and long term profit margins. Valuation Changes Fair Value edged down slightly from NZ$13.53 to NZ$13.51 per share, reflecting a marginally lower central valuation estimate.Narrative Update • Nov 28
FRW: Dividend Payment And Forecast Adjustments Will Shape Near-Term Outlook
Freightways Group’s analyst price target has been modestly increased from $13.20 to $13.53 per share, as analysts cite a slight improvement in forward fair value assumptions. This reflects minor positive adjustments to long-term growth and profitability expectations.Narrative Update • Nov 14
FRW: Dividend Payment And Forecast Adjustments Will Shape Near-Term Outlook
Analysts have slightly reduced their price target for Freightways Group, lowering it from $13.21 to $13.20. This change reflects minor adjustments to discount rate assumptions and updated forecasts for growth and profitability.Analysis Article • Nov 01
If EPS Growth Is Important To You, Freightways Group (NZSE:FRW) Presents An Opportunity
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Narrative Update • Oct 31
FRW: Profitability Improvement Forecast Will Fail To Justify Current Valuation
Analysts have raised their price target for Freightways Group from $12.16 to $13.21, citing improved revenue growth and profit margin forecasts as the primary drivers for the upward revision. What's in the News Freightways Group Limited announced an increased ordinary, fully paid, foreign exempt NZX dividend of NZD 0.24705882 per share for the six months ended June 30, 2025.Analysis Article • Aug 20
Freightways Group's (NZSE:FRW) Shareholders Will Receive A Bigger Dividend Than Last Year
The board of Freightways Group Limited ( NZSE:FRW ) has announced that it will be paying its dividend of NZ$0.2471 on...Narrative Update • Aug 20
Express Package And Business Mail Will Gain Market Share Via Improved Service Quality
Freightways Group’s consensus price target was revised higher to NZ$12.12, primarily reflecting improvements in net profit margin and a reduction in the future P/E multiple. What's in the News Freightways Group announced an ordinary fully paid dividend of NZD 0.24705882 per share for the six months ended June 30, 2025, payable October 1, 2025.Analysis Article • Aug 19
Is Freightways Group Limited (NZSE:FRW) Trading At A 25% Discount?
Key Insights Using the 2 Stage Free Cash Flow to Equity, Freightways Group fair value estimate is NZ$15.64 Freightways...Analysis Article • Apr 24
Freightways Group Limited's (NZSE:FRW) Business Is Trailing The Market But Its Shares Aren't
With a price-to-earnings (or "P/E") ratio of 24x Freightways Group Limited ( NZSE:FRW ) may be sending bearish signals...
New Narrative • Mar 13
Express Package And Business Mail Will Gain Market Share Via Improved Service Quality
Strategic enhancements in air fleet and automated facilities should lower costs, boost efficiencies, and improve earnings.Analysis Article • Dec 17
What Does Freightways Group Limited's (NZSE:FRW) Share Price Indicate?
Freightways Group Limited ( NZSE:FRW ), is not the largest company out there, but it led the NZSE gainers with a...Analysis Article • Oct 16
Increases to Freightways Group Limited's (NZSE:FRW) CEO Compensation Might Cool off for now
Key Insights Freightways Group to hold its Annual General Meeting on 23rd of October Total pay for CEO Mark Troughear...Analysis Article • Oct 09
Are Investors Undervaluing Freightways Group Limited (NZSE:FRW) By 37%?
Key Insights The projected fair value for Freightways Group is NZ$15.55 based on 2 Stage Free Cash Flow to Equity...Analysis Article • Sep 22
These 4 Measures Indicate That Freightways Group (NZSE:FRW) Is Using Debt Reasonably Well
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • Aug 20
Freightways Group Limited (NZSE:FRW) Just Released Its Yearly Earnings: Here's What Analysts Think
Last week saw the newest full-year earnings release from Freightways Group Limited ( NZSE:FRW ), an important milestone...Analysis Article • Apr 24
There's Reason For Concern Over Freightways Group Limited's (NZSE:FRW) Price
Freightways Group Limited's ( NZSE:FRW ) price-to-earnings (or "P/E") ratio of 20.9x might make it look like a sell...Analysis Article • Apr 02
Freightways Group Limited's (NZSE:FRW) Intrinsic Value Is Potentially 34% Above Its Share Price
Key Insights Using the 2 Stage Free Cash Flow to Equity, Freightways Group fair value estimate is NZ$12.00 Freightways...Analysis Article • Feb 23
Freightways Group (NZSE:FRW) Will Pay A Dividend Of NZ$0.2118
Freightways Group Limited ( NZSE:FRW ) will pay a dividend of NZ$0.2118 on the 2nd of April. This makes the dividend...Analysis Article • Feb 21
NZ$9.19 - That's What Analysts Think Freightways Group Limited (NZSE:FRW) Is Worth After These Results
As you might know, Freightways Group Limited ( NZSE:FRW ) recently reported its interim numbers. Results overall were...Analysis Article • Nov 07
Freightways Group (NZSE:FRW) Seems To Use Debt Quite Sensibly
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analysis Article • Oct 19
It's Unlikely That Freightways Group Limited's (NZSE:FRW) CEO Will See A Huge Pay Rise This Year
Key Insights Freightways Group's Annual General Meeting to take place on 25th of October CEO Mark Troughear's total...Analysis Article • Oct 01
Capital Allocation Trends At Freightways Group (NZSE:FRW) Aren't Ideal
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Analysis Article • Sep 06
Freightways Group (NZSE:FRW) Is Paying Out A Dividend Of NZ$0.2235
Freightways Group Limited ( NZSE:FRW ) has announced that it will pay a dividend of NZ$0.2235 per share on the 2nd of...Analysis Article • Aug 23
Freightways Group (NZSE:FRW) Will Pay A Dividend Of NZ$0.2235
Freightways Group Limited ( NZSE:FRW ) has announced that it will pay a dividend of NZ$0.2235 per share on the 2nd of...Analysis Article • Jun 12
Is It Time To Consider Buying Freightways Group Limited (NZSE:FRW)?
While Freightways Group Limited ( NZSE:FRW ) might not be the most widely known stock at the moment, it saw significant...Analysis Article • Feb 03
Freightways Limited (NZSE:FRE) Shares Could Be 25% Above Their Intrinsic Value Estimate
In this article we are going to estimate the intrinsic value of Freightways Limited ( NZSE:FRE ) by taking the expected...Analysis Article • Dec 20
There Are Reasons To Feel Uneasy About Freightways' (NZSE:FRE) Returns On Capital
To find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is...Analysis Article • Nov 08
Is There Now An Opportunity In Freightways Limited (NZSE:FRE)?
Freightways Limited ( NZSE:FRE ), is not the largest company out there, but it received a lot of attention from a...Analysis Article • Oct 20
Why We Think Freightways Limited's (NZSE:FRE) CEO Compensation Is Not Excessive At All
Despite strong share price growth of 40% for Freightways Limited ( NZSE:FRE ) over the last few years, earnings growth...Analysis Article • Sep 27
With EPS Growth And More, Freightways (NZSE:FRE) Makes An Interesting Case
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Analysis Article • Aug 30
New Forecasts: Here's What Analysts Think The Future Holds For Freightways Limited (NZSE:FRE)
Shareholders in Freightways Limited ( NZSE:FRE ) may be thrilled to learn that the analysts have just delivered a major...Analysis Article • Aug 03
What Is Freightways Limited's (NZSE:FRE) Share Price Doing?
While Freightways Limited ( NZSE:FRE ) might not be the most widely known stock at the moment, it saw a decent share...Analysis Article • Jul 06
Calculating The Intrinsic Value Of Freightways Limited (NZSE:FRE)
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Freightways Limited...Analysis Article • Jun 08
Is Freightways (NZSE:FRE) A Risky Investment?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • May 06
Capital Allocation Trends At Freightways (NZSE:FRE) Aren't Ideal
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...Analysis Article • Mar 10
Should You Investigate Freightways Limited (NZSE:FRE) At NZ$11.80?
Freightways Limited ( NZSE:FRE ), might not be a large cap stock, but it saw significant share price movement during...Analysis Article • Feb 23
Freightways (NZSE:FRE) Is Increasing Its Dividend To NZ$0.21
Freightways Limited's ( NZSE:FRE ) dividend will be increasing to NZ$0.21 on 1st of April. This takes the dividend...Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How Freightways Group makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 25 | 1,346 | 88 | 139 | 0 |
| 30 Sep 25 | 1,318 | 84 | 136 | 0 |
| 30 Jun 25 | 1,290 | 80 | 133 | 0 |
| 31 Mar 25 | 1,270 | 77 | 130 | 0 |
| 31 Dec 24 | 1,251 | 75 | 126 | 0 |
| 30 Sep 24 | 1,230 | 73 | 121 | 0 |
| 30 Jun 24 | 1,209 | 71 | 115 | 0 |
| 31 Mar 24 | 1,200 | 71 | 116 | 0 |
| 31 Dec 23 | 1,190 | 71 | 118 | 0 |
| 30 Sep 23 | 1,156 | 73 | 118 | 0 |
| 30 Jun 23 | 1,122 | 75 | 118 | 0 |
| 31 Mar 23 | 1,052 | 73 | 111 | 0 |
| 31 Dec 22 | 983 | 72 | 105 | 0 |
| 30 Sep 22 | 928 | 71 | 96 | 0 |
| 30 Jun 22 | 873 | 70 | 87 | 0 |
| 31 Mar 22 | 853 | 70 | 85 | 0 |
| 31 Dec 21 | 832 | 70 | 82 | 0 |
| 30 Sep 21 | 816 | 59 | 81 | 0 |
| 30 Jun 21 | 801 | 48 | 79 | 0 |
| 31 Mar 21 | 761 | 44 | 75 | 0 |
| 31 Dec 20 | 722 | 40 | 71 | 0 |
| 30 Sep 20 | 677 | 43 | 68 | 0 |
| 30 Jun 20 | 631 | 47 | 65 | 0 |
| 31 Mar 20 | 625 | 53 | 69 | 0 |
| 31 Dec 19 | 620 | 59 | 73 | 0 |
| 30 Sep 19 | 618 | 61 | 80 | 0 |
| 30 Jun 19 | 616 | 63 | 87 | 0 |
| 31 Mar 19 | 610 | 64 | 87 | 0 |
| 31 Dec 18 | 604 | 64 | 87 | 0 |
| 30 Sep 18 | 592 | 63 | 86 | 0 |
| 30 Jun 18 | 581 | 62 | 84 | 0 |
| 31 Mar 18 | 573 | 60 | 83 | 0 |
| 31 Dec 17 | 565 | 58 | 82 | 0 |
| 30 Sep 17 | 555 | 60 | 80 | 0 |
| 30 Jun 17 | 545 | 61 | 78 | 0 |
| 31 Mar 17 | 534 | 58 | 76 | 0 |
| 31 Dec 16 | 523 | 56 | 75 | 0 |
| 30 Sep 16 | 514 | 53 | 74 | 0 |
| 30 Jun 16 | 505 | 50 | 73 | 0 |
| 31 Mar 16 | 499 | 48 | 72 | 0 |
| 31 Dec 15 | 493 | 45 | 71 | 0 |
| 30 Sep 15 | 486 | 45 | 69 | 0 |
Quality Earnings: FRW has high quality earnings.
Growing Profit Margin: FRW's current net profit margins (6.5%) are higher than last year (6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FRW's earnings have grown by 9.5% per year over the past 5 years.
Accelerating Growth: FRW's earnings growth over the past year (17.5%) exceeds its 5-year average (9.5% per year).
Earnings vs Industry: FRW earnings growth over the past year (17.5%) did not outperform the Logistics industry 17.5%.
Return on Equity
High ROE: FRW's Return on Equity (16.4%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/30 13:31 |
| End of Day Share Price | 2026/06/30 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/06/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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.
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 Github.
Analyst Sources
Freightways Group Limited is covered by 9 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.
| Analyst | Institution |
|---|---|
| Philip Campbell | Citigroup Inc |
| Geoff Zame | Deutsche Bank |
| Andrew Bowley | Forsyth Barr Group Ltd. |