Westpac Banking (WBKCY) EBIT Margin (2009 - 2024)
Westpac Banking (WBKCY) reported EBIT Margin of 100.0% for Q3 2024, up 7343.0% on a YoY basis from 1.34% in Q4 2023, and up 276.43% quarter-over-quarter from 26.57% in Q3 2023.
Westpac Banking (WBKCY) EBIT Margin (2009 - 2024) Analysis & Trends
Westpac Banking has reported EBIT Margin for 12 years, with the latest figure at 100.0% in Q3 2024.
- For the quarter ending Q3 2024, EBIT Margin rose 7343.0% year-over-year to 100.0%; the trailing twelve-month figure through Sep 2024 stood at 46.87% (up 1002.0% YoY), and the FY2025 full-year result was 78.74%, up 5951.0% from the prior year.
- EBIT Margin for Q3 2024 stood at 100.0%, up from 26.57% in the prior quarter.
- The five-year high for EBIT Margin was 100.0% in Q3 2024, with the low at 26.57% in Q3 2023.
- Historically, EBIT Margin has averaged 59.82% across 3 years, with a median of 52.91% in 2022.
- Annual changes were most pronounced in 2023 — EBIT Margin slumped 2634 bps — and 2024, when it surged 7343 bps.
- Westpac Banking's EBIT Margin stood at 52.91% in 2022, then sank by 50 bps to 26.57% in 2023, then surged by 276 bps to 100.0% in 2024.
- The last three EBIT Margin figures came in at 100.0% (Q3 2024), 26.57% (Q3 2023), and 52.91% (Q3 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Canadian Imperial Bank Of Commerce | 1,362,688,030.33 Bn | 1,362,688,030.55 Bn | - | 128.68% |
| 2 | Hsbc Holdings | 38,978.70 Bn | 38,979.15 Bn | - | 46.19% |
| 3 | Royal Bank Of Canada | 3,027.68 Bn | 2,956.13 Bn | - | 6.13% |
| 4 | Toronto Dominion Bank | 1,012.32 Bn | 1,005.51 Bn | - | - |
| 5 | Bank Of America | 408.37 Bn | -198.33 Bn | 29.24 Bn | 35.36% |
| 6 | Barclays | 379.37 Bn | -269.24 Bn | - | - |
| 7 | Bank Of Montreal | 375.83 Bn | 375.83 Bn | - | 130.75% |
| 8 | Mitsubishi Ufj Financial | 288.20 Bn | -398.08 Bn | 3.81 Bn | - |
| 9 | Citigroup | 263.31 Bn | -1,921.68 Bn | 19.85 Bn | 30.23% |
| 10 | Westpac Banking | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 100.00% |
| Sep 30, 2023 | 26.57% |
| Sep 30, 2022 | 52.91% |
| Sep 30, 2017 | -21.49% |
| Sep 30, 2016 | 110.57% |
| Sep 30, 2015 | -20.35% |
| Sep 30, 2014 | -35.97% |
| Sep 30, 2013 | 86.67% |
| Sep 30, 2012 | -12.18% |
| Mar 31, 2012 | -95.21% |
| Sep 30, 2011 | -1.36% |
| Mar 31, 2011 | -2,355.15% |
| Sep 30, 2010 | -2.93% |
| Sep 30, 2009 | -1.90% |