Airtel Africa's earnings have been declining at an average annual rate of -12.3%, while the Wireless Telecom industry saw earnings growing at 19.6% annually. Revenues have been growing at an average rate of 5.6% per year. Airtel Africa's return on equity is 23.3%, and it has net margins of 10.5%.
Key information
-12.33%
Earnings growth rate
-11.63%
EPS growth rate
Wireless Telecom Industry Growth
23.12%
Revenue growth rate
5.60%
Return on equity
23.31%
Net Margin
10.54%
Last Earnings Update
31 Mar 2026
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Airtel Africa makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
OTCPK:AART.Y Revenue, expenses and earnings (USD Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
31 Mar 26
6,442
679
852
0
31 Dec 25
6,012
536
790
0
30 Sep 25
5,591
492
734
0
30 Jun 25
5,234
339
687
0
31 Mar 25
4,977
220
650
0
31 Dec 24
4,776
60
622
0
30 Sep 24
4,743
-79
598
0
30 Jun 24
4,780
12
585
0
31 Mar 24
5,000
-165
576
0
31 Dec 23
5,224
134
778
0
30 Sep 23
5,336
312
692
0
30 Jun 23
5,393
330
601
0
31 Mar 23
5,268
663
521
0
31 Dec 22
5,146
659
240
0
30 Sep 22
5,015
642
239
0
30 Jun 22
4,868
669
236
0
31 Mar 22
4,724
631
224
0
31 Dec 21
4,570
573
350
0
30 Sep 21
4,383
513
290
0
30 Jun 21
4,180
422
196
0
31 Mar 21
3,919
339
187
0
31 Dec 20
3,752
271
46
0
30 Sep 20
3,604
266
65
0
30 Jun 20
3,493
287
150
0
31 Mar 20
3,439
370
148
0
31 Dec 19
3,322
331
142
0
30 Sep 19
3,224
374
159
0
30 Jun 19
3,148
394
156
0
31 Mar 19
3,103
388
152
0
31 Mar 18
2,927
-138
140
0
31 Mar 17
2,891
-630
210
0
Quality Earnings: AART.Y has high quality earnings.
Growing Profit Margin: AART.Y's current net profit margins (10.5%) are higher than last year (4.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AART.Y's earnings have declined by 12.3% per year over the past 5 years.
Accelerating Growth: AART.Y's earnings growth over the past year (208.6%) exceeds its 5-year average (-12.3% per year).
Earnings vs Industry: AART.Y earnings growth over the past year (208.6%) exceeded the Wireless Telecom industry -11.5%.
Return on Equity
High ROE: AART.Y's Return on Equity (23.3%) is considered high.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/06/11 20:01
End of Day Share Price
2026/06/11 00:00
Earnings
2026/03/31
Annual Earnings
2026/03/31
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.
* 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.
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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
Airtel Africa Plc is covered by 14 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.