Pakistan International Airlines Past Earnings Performance

Past criteria checks 0/6

Pakistan International Airlines's earnings have been declining at an average annual rate of -11.1%, while the Airlines industry saw earnings growing at 13.4% annually. Revenues have been growing at an average rate of 6.9% per year.

Key information

-11.1%

Earnings growth rate

-20.8%

EPS growth rate

Airlines Industry Growth	0.5%
Revenue growth rate	6.9%
Return on equity	n/a
Net Margin	-50.9%
Last Earnings Update	30 Jun 2023

Recent past performance updates

No updates

Recent updates

Revenue & Expenses Breakdown

How Pakistan International Airlines makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

KASE:PIAB Revenue, expenses and earnings (PKR Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 23	231,823	-117,892	22,709
31 Mar 23	204,469	-120,959	18,854
31 Dec 22	178,551	-97,302	16,792
30 Sep 22	159,670	-79,693	14,047
30 Jun 22	133,649	-70,392	14,548
31 Mar 22	107,623	-60,350	13,497
31 Dec 21	88,089	-53,374	12,965
30 Sep 21	74,323	-42,851	12,228
30 Jun 21	72,298	-30,106	10,949
31 Mar 21	76,077	-31,699	12,192
31 Dec 20	99,197	-43,555	13,806
30 Sep 20	122,730	-53,672	15,756
30 Jun 20	146,167	-57,311	16,583
31 Mar 20	170,195	-62,701	18,206
31 Dec 19	164,646	-55,979	17,282
30 Sep 19	152,557	-70,691	19,133
30 Jun 19	139,153	-67,098	17,185
31 Mar 19	123,231	-65,194	15,645
31 Dec 18	117,982	-66,690	15,671
30 Jun 18	107,097	-60,290	14,582
31 Dec 17	103,911	-51,004	13,784
30 Sep 17	103,237	-48,959	14,040
30 Jun 17	103,356	-47,635	13,911
31 Mar 17	102,275	-50,736	14,107
31 Dec 16	90,018	-44,768	13,883
30 Sep 16	102,794	-40,515	12,103
30 Jun 16	100,207	-40,092	13,376
31 Mar 16	100,796	-36,703	12,289
31 Dec 15	104,515	-32,149	12,324
30 Sep 15	107,002	-28,247	10,896
30 Jun 15	106,348	-32,324	11,155
31 Mar 15	111,825	-29,954	12,228
31 Dec 14	113,780	-30,743	12,634
30 Sep 14	114,215	-35,744	16,796
30 Jun 14	115,725	-38,936	15,524
31 Mar 14	112,626	-39,791	15,857
31 Dec 13	109,811	-45,114	16,364
30 Sep 13	115,359	-39,733	18,057
30 Jun 13	115,359	-36,981	20,005

Quality Earnings: PIAB is currently unprofitable.

Growing Profit Margin: PIAB is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: PIAB is unprofitable, and losses have increased over the past 5 years at a rate of 11.1% per year.

Accelerating Growth: Unable to compare PIAB's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PIAB is unprofitable, making it difficult to compare its past year earnings growth to the Airlines industry (54.9%).

Return on Equity

High ROE: PIAB's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/05/28 04:18
End of Day Share Price	2024/03/11 00:00
Earnings	2023/06/30
Annual Earnings	2022/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

PIA Holding Company Limited is covered by 2 analysts. 0 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
MUNEEZA IMTIAZ	AKD Research
null null	AL Habib Capital Markets (Private) Limited