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Westpac Banking (ASX:WBCPK.PFD) Revenue : A$21,587.00 Mil (TTM As of Sep. 2024)


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What is Westpac Banking Revenue?

Westpac Banking's revenue for the six months ended in Sep. 2024 was A$10,999.00 Mil. Its revenue for the trailing twelve months (TTM) ended in Sep. 2024 was A$21,587.00 Mil. Westpac Banking's Revenue per Share for the six months ended in Sep. 2024 was A$0.00. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was A$0.00.

During the past 12 months, the average Revenue per Share Growth Rate of Westpac Banking was 0.90% per year. During the past 3 years, the average Revenue per Share Growth Rate was 2.80% per year. During the past 10 years, the average Revenue per Share Growth Rate was -1.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Westpac Banking's highest 3-Year average Revenue per Share Growth Rate was 14.50% per year. The lowest was -17.60% per year. And the median was 2.05% per year.


Westpac Banking Revenue Historical Data

The historical data trend for Westpac Banking's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Westpac Banking Revenue Chart

Westpac Banking Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19,870.00 21,020.00 20,427.00 21,376.00 21,587.00

Westpac Banking Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10,495.00 10,734.00 10,642.00 10,588.00 10,999.00

Competitive Comparison of Westpac Banking's Revenue

For the Banks - Diversified subindustry, Westpac Banking's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Westpac Banking's Revenue Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Westpac Banking's Revenue distribution charts can be found below:

* The bar in red indicates where Westpac Banking's Revenue falls into.



Westpac Banking Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$21,587.00 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Westpac Banking  (ASX:WBCPK.PFD) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Westpac Banking Revenue Related Terms

Thank you for viewing the detailed overview of Westpac Banking's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Westpac Banking Business Description

Address
275 Kent Street, Sydney, NSW, AUS, 2000
Westpac is Australia's oldest bank and financial services group, with a significant franchise in Australia and New Zealand in the consumer, small business, corporate, and institutional sectors, in addition to its major presence in wealth management. Westpac is among a handful of banks around the globe currently retaining very high credit ratings. The bank benefits from a large national branch network and significant market share, particularly in home loans and retail deposits.

Westpac Banking Headlines

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