Methanex Future Growth

Future criteria checks 1/6

Methanex is forecast to grow earnings and revenue by 8% and 4.3% per annum respectively. EPS is expected to decline by 25.9% per annum. Return on equity is forecast to be 14.8% in 3 years.

Key information

8.0%

Earnings growth rate

-25.9%

EPS growth rate

Chemicals earnings growth	15.1%
Revenue growth rate	4.3%
Future return on equity	14.8%
Analyst coverage	Good
Last updated	29 Apr 2024

Recent future growth updates

Recent updates

Methanex: New G3 Project, Natural Gas Supply Agreement Highlight Positive Outlook

Feb 06

Earnings and Revenue Growth Forecasts

NasdaqGS:MEOH - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	3,928	N/A	697	908	2
12/31/2025	4,012	176	545	815	8
12/31/2024	3,878	45	359	590	8
3/31/2024	3,601	167	220	589	N/A
12/31/2023	3,723	174	212	660	N/A
9/30/2023	3,787	182	157	692	N/A
6/30/2023	3,976	227	371	914	N/A
3/31/2023	4,174	295	256	824	N/A
12/31/2022	4,311	354	410	987	N/A
9/30/2022	4,578	513	557	1,043	N/A
6/30/2022	4,644	515	611	1,016	N/A
3/31/2022	4,575	496	836	1,153	N/A
12/31/2021	4,415	482	749	994	N/A
9/30/2021	3,973	255	577	809	N/A
6/30/2021	3,476	97	292	543	N/A
3/31/2021	2,920	-75	200	486	N/A
12/31/2020	2,650	-157	119	461	N/A
9/30/2020	2,608	-121	89	478	N/A
6/30/2020	2,792	-43	141	514	N/A
3/31/2020	3,127	72	90	445	N/A
12/31/2019	3,284	88	192	515	N/A
9/30/2019	4,042	240	323	619	N/A
6/30/2019	4,320	378	511	776	N/A
3/31/2019	4,422	439	672	949	N/A
12/31/2018	4,483	569	736	980	N/A
9/30/2018	3,817	476	774	968	N/A
6/30/2018	3,493	380	668	857	N/A
3/31/2018	3,212	353	671	811	N/A
12/31/2017	3,061	316	N/A	780	N/A
9/30/2017	2,785	273	N/A	623	N/A
6/30/2017	2,575	229	N/A	580	N/A
3/31/2017	2,374	142	N/A	371	N/A
12/31/2016	1,998	-13	N/A	227	N/A
9/30/2016	1,897	-28	N/A	222	N/A
6/30/2016	1,914	61	N/A	282	N/A
3/31/2016	2,084	169	N/A	330	N/A
12/31/2015	2,226	201	N/A	297	N/A
9/30/2015	2,475	324	N/A	464	N/A
6/30/2015	2,678	298	N/A	501	N/A
3/31/2015	2,832	318	N/A	659	N/A
12/31/2014	3,223	455	N/A	801	N/A
9/30/2014	3,371	449	N/A	752	N/A
6/30/2014	3,399	485	N/A	762	N/A
3/31/2014	3,341	414	N/A	647	N/A
12/31/2013	3,024	329	N/A	586	N/A
9/30/2013	2,811	62	N/A	504	N/A
6/30/2013	2,660	-28	N/A	445	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MEOH's forecast earnings growth (8% per year) is above the savings rate (2.3%).

Earnings vs Market: MEOH's earnings (8% per year) are forecast to grow slower than the US market (14.8% per year).

High Growth Earnings: MEOH's earnings are forecast to grow, but not significantly.

Revenue vs Market: MEOH's revenue (4.3% per year) is forecast to grow slower than the US market (8.2% per year).

High Growth Revenue: MEOH's revenue (4.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: MEOH's Return on Equity is forecast to be low in 3 years time (14.8%).

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Methanex Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Methanex Corporation Updates Production Guidance for the Year 2024

Methanex Corporation Provides Update on Geismar 3 Methanol Plant in Geismar, Louisiana

Methanex Corporation Provides Update on Egypt Operations

Methanex Corporation Provides Production Guidance for the Year 2023

Price target increased by 18% to US$52.45

Price target decreased to US$48.09

Recent updates

Methanex Corporation Approves Appointment of Roger Perreault to its Board of Directors

Methanex Corporation Updates Production Guidance for the Year 2024

Methanex Corporation to Report Q1, 2024 Results on Apr 24, 2024

Methanex Corporation Provides Update on Geismar 3 Methanol Plant in Geismar, Louisiana

Methanex: New G3 Project, Natural Gas Supply Agreement Highlight Positive Outlook

Methanex Corporation Declares Quarterly Dividend, Payable on March 28, 2024

Methanex Corporation to Report Fiscal Year 2023 Results on Jan 31, 2024

Methanex Corporation Provides Update on Egypt Operations

Methanex Corporation Declares Quarterly Dividend, Payable on December 29, 2023

New major risk - Revenue and earnings growth

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Methanex Corporation Provides Production Guidance for the Year 2023

Methanex Corporation Appoints John Sampson to Its Board of Directors

Upcoming dividend of US$0.18 per share at 1.8% yield

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Methanex Corporation to Report Q3, 2023 Results on Oct 25, 2023

Methanex Corporation Declares Quarterly Dividend, Payable on September 30, 2023

New major risk - Revenue and earnings growth

Upcoming dividend of US$0.18 per share at 1.6% yield

Independent Director recently bought US$142k worth of stock

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of US$0.17 per share at 1.4% yield

Price target increased by 18% to US$52.45

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Methanex Corporation, Annual General Meeting, Apr 27, 2023

Methanex Corporation Declares Quarterly Cash Dividend, Payable on March 31, 2023

Independent Director recently bought US$251k worth of stock

Methanex Corporation Announces Changes to Executive Leadership Team

Methanex Corporation Announces Changes to Executive Leadership Team

Upcoming dividend of US$0.17 per share

Methanex Corporation to Report Q4, 2022 Results on Feb 02, 2023

Methanex Corporation Announces Quarterly Dividend, Payable on December 31, 2022

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Methanex: Ignore The Short-Term Noise, Grab A Long-Term Bargain

Independent Director recently bought US$63k worth of stock

Methanex Corporation Announces Executive Changes

Methanex says CEO John Floren to retire, announces NCIB to buy back stock

Upcoming dividend of US$0.17 per share

Methanex Corporation to Report Q3, 2022 Results on Oct 26, 2022

Price target decreased to US$48.09

Second quarter 2022 earnings: EPS misses analyst expectations

Methanex: Premier Methanol Producer But Commodity Pricing On The Downswing

Methanex Corporation Announces 20% Dividend Increase, Payable on September 30, 2022

Methanex raises dividend by 21% to $0.175

Methanex Corporation to Report Q2, 2022 Results on Jul 27, 2022

Investor sentiment deteriorated over the past week

Upcoming dividend of US$0.14 per share

Insider recently bought US$392k worth of stock

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Methanex Corporation Approves 16% Dividend Increase, Payable on June 30, 2022

Insider recently sold US$409k worth of stock

Earth Focused Investments 3: Methanex Is A Volatile Take On Alternative Fuels

Insider recently sold US$61k worth of stock

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Insider recently sold US$164k worth of stock

Upcoming dividend of US$0.13 per share

Methanex Corporation, Annual General Meeting, Apr 28, 2022

Methanex: A New Era Of Higher Shareholder Returns, Potential Near 16% Yield

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Methanex Corporation Declares Quarterly Dividend, Payable on March 31, 2022

Independent Director recently bought US$304k worth of stock

Upcoming dividend of US$0.13 per share

Insider recently sold US$119k worth of stock

Methanex: An Exciting 10% Yield May Follow As Soon As Early 2022

Third quarter 2021 earnings released: EPS US$0.93 (vs US$1.15 loss in 3Q 2020)

Price target increased to US$52.92

Investor sentiment improved over the past week

Upcoming dividend of US$0.13 per share

Investor sentiment improved over the past week