Log in
FREE 15-Day Trial
Intelligent Investor
Intelligent Investor
  1. Home
  2. Research & Advice
  3. Research Tools
  4. Shares
  5. Wesfarmers Limited (WES)
  6. Company Financials

Wesfarmers Limited (ASX: WES) - Financials

Current share price for WES : $65.250 0.49 (0.75%)

Wesfarmers Limited (WES) is a diversified business operating in supermarkets, department stores, home improvement and office supplies, resources, chemicals, energy & fertilisers and industrials & safety products. WES is headquartered in Western Australia.

The Intelligent Investor Australian Equity Income Fund (ASX:INIF), Intelligent Investor Ethical Share Fund (ASX:INES), Intelligent Investor Australian Equity Growth Fund (ASX:IIGF) owns shares in Wesfarmers Limited (ASX: WES)

Intelligent Investor free trial for buy hold sell stock recommendations

WES Per Share

Year to Jun Sales Cashflow Earnings Dividends Franking Book Value Average
Annual P/E		 Relative P/E Shareholder Return
2023 $38.30 368.9 ¢ 218.8 ¢ 191 ¢ 100% $7.30 21.9 144.6% 22.4%
2022 $32.40 203.1 ¢ 209.4 ¢ 180 ¢ 100% $7.04 26 156.7% -24.2%
2021 $29.80 298.8 ¢ 218.6 ¢ 178 ¢ 100% $8.57 23.1 195.9% 36.9%

WES Capital Structure

Total Debt Interest Long Term Debt Percent Debt Preferred Stock Share Equity Percent Equity
$11,169,000 $354,000 $10,034,000 55% $0.00 $8,281,000 45%
Note: All dollars in thousands ('000) for the table above

WES Historical Financials

2023 2022 2021
Revenue ($M) 43,417 36,679 33,797
Operating Margin (%) 12.8 14.2 15.8
Depreciation ($M) -1,510 -1,417 -1,365
Amortisation ($M) -191 -158 -144
Net Profit Before Abs ($M) 2,479 2,373 2,475
Net Profit After Abs ($M) 2,465 2,352 2,380
Income Tax Rate (%) 29.8 29.2 29.4
Net Profit Margin (%) 5.7 6.5 7.3
Employees ($T)
Long Term Debt ($M) 10,034 9,993 8,208
Shareholders Equity ($M) 8,281 7,981 9,715
Return on Capital (%) 15 14 15
Return on Equity (%) 29.9 29.7 25.5
Payout Ratio (%) 87 86 81

WES Cashflow

2023 2022 2021
Customer Receipts ($M) 48,253 40,557 37,403
Net Operating Cashflow ($M) 4,179 2,301 3,383
Net Investing Cashflow ($M) -552 -1,191 -642
Net Financing Cashflow ($M) -3,659 -3,428 -2,631

WES Market & Earnings

2023 2022 2021
Market Cap ($M) 55,977 47,532 67,010
Net Gearing (%) 126.8 142.5 73.1
Net Interest Cover (%) 11.4 11.8 11.5
Dividend Yield (%) 3.9 4.3 3
NTA Per Share ($) 3.16 2.94 5.13
EBITDA ($M) 5,562 5,224 5,328
EBIT ($M) 3,861 3,649 3,819
EBT Before Abs ($M) 3,523 3,341 3,486

WES Balance Sheet

2023 2022 2021
Cash ($M) 673 705 3,023
Debtors ($M) 1,829 1,883 1,037
Other Debtors ($M) 217 211 210
Prepayments ($M)
Inventories ($M) 6,039 6,084 4,502
Current Investments ($M) 116 452 152
Other Current Assets ($M) 280 270 172
Total Current Assets ($M) 9,154 9,605 9,096
Receivables ($M)
Inventories ($M)
Property, Plant & Equipment ($M) 20,857 19,215 17,617
Accumulated Depreciation ($M) -9,816 -8,430 -7,221
Intangibles ex. Goodwill ($M) 1,340 1,360 936
Goodwill ($M) 3,352 3,291 2,967
Future Income Tax Benefit ($M) 624 572 613
Non-Current Investments ($M) 985 1,619 2,181
Other Non-Current Assets ($M) 50 39 25
Total Non-Current Assets ($M) 17,392 17,666 17,118
Total Assets ($M) 26,546 27,271 26,214
Accounts Payable ($M) 5,268 5,362 4,234
Provisions ($M) 1,127 1,156 1,544
Short Term Debt ($M) 1,135 2,088 1,919
Other Current Liabilities ($M) 327 287 218
Total Current Liabilities ($M) 7,857 8,893 7,915
Creditors ($M)
Long Term Debt ($M) 10,034 9,993 8,208
Provisions ($M) 374 404 376
Other Non-Current Liabilities ($M)
Total Non-Current Liabilities ($M) 10,408 10,397 8,584
Total Liabilities ($M) 18,265 19,290 16,499
Share Capital ($M) 13,574 13,574 15,826
Reserves ex. Share Premium ($M) -6,111 -6,078 -6,171
Share Premium Reserve ($M)
Retained Profits ($M) 818 485 60
Other Shareholders Equity ($M)
Convertible Equity ($M)
Outside Equity Interest ($M)
Total Shareholders Equity ($M) 8,281 7,981 9,715

DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
© 2017 Morningstar. All rights reserved. Neither any Morningstar company nor any of their content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice has been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Limited, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. You should consider the advice in light of these matters and, if applicable, the relevant Product Disclosure Statement (in respect of Australian products) or Investment Statement (in respect of New Zealand products) before making any decision to invest. No Morningstar-affiliated company or any of their employees is providing you with personalised financial advice. To obtain advice tailored to your particular circumstances, please contact a professional financial adviser. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only.