BAE Systems plc

LSE:BA. Stock Report

Market Cap: UK£54.6b

BAE Systems Future Growth

Future criteria checks 2/6

BAE Systems is forecast to grow earnings and revenue by 11.3% and 8.2% per annum respectively. EPS is expected to grow by 11.6% per annum. Return on equity is forecast to be 18.8% in 3 years.

Key information

11.3%

Earnings growth rate

11.55%

EPS growth rate

Aerospace & Defense earnings growth-2.9%
Revenue growth rate8.2%
Future return on equity18.76%
Analyst coverage

Good

Last updated08 Oct 2025

Recent future growth updates

Recent updates

BAE Systems' (LON:BA.) Dividend Will Be £0.135

Oct 16
BAE Systems' (LON:BA.) Dividend Will Be £0.135

Risks To Shareholder Returns Are Elevated At These Prices For BAE Systems plc (LON:BA.)

Oct 03
Risks To Shareholder Returns Are Elevated At These Prices For BAE Systems plc (LON:BA.)

BAE Systems (LON:BA.) Has Announced A Dividend Of £0.135

Sep 19
BAE Systems (LON:BA.) Has Announced A Dividend Of £0.135

BAE Systems' (LON:BA.) Dividend Will Be £0.135

Sep 05
BAE Systems' (LON:BA.) Dividend Will Be £0.135

BAE Systems (LON:BA.) Seems To Use Debt Quite Sensibly

Aug 26
BAE Systems (LON:BA.) Seems To Use Debt Quite Sensibly

BAE Systems (LON:BA.) Will Pay A Dividend Of £0.135

Aug 14
BAE Systems (LON:BA.) Will Pay A Dividend Of £0.135

The Returns At BAE Systems (LON:BA.) Aren't Growing

Aug 13
The Returns At BAE Systems (LON:BA.) Aren't Growing

Does BAE Systems (LON:BA.) Deserve A Spot On Your Watchlist?

Jul 27
Does BAE Systems (LON:BA.) Deserve A Spot On Your Watchlist?

BAE Systems plc's (LON:BA.) Share Price Not Quite Adding Up

Jun 17
BAE Systems plc's (LON:BA.) Share Price Not Quite Adding Up

Is BAE Systems (LON:BA.) A Risky Investment?

May 12
Is BAE Systems (LON:BA.) A Risky Investment?

It's Unlikely That BAE Systems plc's (LON:BA.) CEO Will See A Huge Pay Rise This Year

Apr 30
It's Unlikely That BAE Systems plc's (LON:BA.) CEO Will See A Huge Pay Rise This Year

BAE Systems plc (LON:BA.) Shares Could Be 23% Below Their Intrinsic Value Estimate

Apr 21
BAE Systems plc (LON:BA.) Shares Could Be 23% Below Their Intrinsic Value Estimate

BAE Systems (LON:BA.) Ticks All The Boxes When It Comes To Earnings Growth

Apr 09
BAE Systems (LON:BA.) Ticks All The Boxes When It Comes To Earnings Growth

BAE Systems' (LON:BA.) Upcoming Dividend Will Be Larger Than Last Year's

Mar 28
BAE Systems' (LON:BA.) Upcoming Dividend Will Be Larger Than Last Year's

Slowing Rates Of Return At BAE Systems (LON:BA.) Leave Little Room For Excitement

Mar 17
Slowing Rates Of Return At BAE Systems (LON:BA.) Leave Little Room For Excitement

BAE Systems plc's (LON:BA.) 32% Price Boost Is Out Of Tune With Earnings

Mar 04
BAE Systems plc's (LON:BA.) 32% Price Boost Is Out Of Tune With Earnings
User avatar

Investments In Space, AI, And Drones Will Secure Future Leadership In Defense Technologies

Record order backlog and alignment with global defense spending will drive revenue growth and margin expansion through strategic national defense alignments.

BAE Systems (LON:BA.) Has Announced That It Will Be Increasing Its Dividend To £0.206

Feb 22
BAE Systems (LON:BA.) Has Announced That It Will Be Increasing Its Dividend To £0.206

Pinning Down BAE Systems plc's (LON:BA.) P/E Is Difficult Right Now

Dec 26
Pinning Down BAE Systems plc's (LON:BA.) P/E Is Difficult Right Now

A Look At The Intrinsic Value Of BAE Systems plc (LON:BA.)

Nov 20
A Look At The Intrinsic Value Of BAE Systems plc (LON:BA.)

Earnings and Revenue Growth Forecasts

LSE:BA. - Analysts future estimates and past financials data (GBP Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202735,2912,6152,7034,27615
12/31/202632,8152,3402,3623,87417
12/31/202530,6152,1141,5522,91917
6/30/202527,4061,9772,0793,242N/A
3/31/202526,8591,9672,4213,584N/A
12/31/202426,3121,9562,7623,925N/A
9/30/202425,4351,8982,3783,479N/A
6/30/202424,5581,8401,9943,033N/A
3/31/202423,8181,8492,3993,397N/A
12/31/202323,0781,8572,8033,760N/A
9/30/202322,7971,8992,9173,795N/A
6/30/202322,5161,9413,0313,830N/A
3/31/202321,8871,7662,5893,335N/A
12/31/202221,2581,5912,1462,839N/A
9/30/202220,5901,4821,8802,578N/A
6/30/202219,9211,3731,6142,317N/A
3/31/202219,7211,5661,7252,382N/A
12/31/202119,5211,7581,8352,447N/A
9/30/202119,4791,7631,9462,482N/A
6/30/202119,4361,7672,0562,516N/A
3/31/202119,3571,5331,3731,841N/A
12/31/202019,2771,2996891,166N/A
9/30/202019,0441,2566611,134N/A
6/30/202018,8111,2136321,102N/A
3/31/202018,5581,3458801,350N/A
12/31/201918,3051,4761,1281,597N/A
9/30/201917,8201,4009941,481N/A
6/30/201917,3341,3248601,365N/A
3/31/201917,0781,162N/A1,283N/A
12/31/201816,8211,000N/A1,200N/A
9/30/201816,646865N/A1,180N/A
6/30/201816,470729N/A1,159N/A
3/31/201816,847778N/A1,528N/A
12/31/201717,224827N/A1,897N/A
9/30/201717,826951N/A1,695N/A
6/30/201718,4271,074N/A1,493N/A
3/31/201718,109994N/A1,361N/A
12/31/201617,790913N/A1,229N/A
9/30/201617,427925N/A1,265N/A
6/30/201617,064936N/A1,300N/A
3/31/201616,926927N/A1,054N/A
12/31/201516,787918N/A808N/A
9/30/201516,548810N/A619N/A
6/30/201516,309701N/A430N/A
3/31/201515,870721N/A550N/A
12/31/201415,430740N/A669N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: BA.'s forecast earnings growth (11.3% per year) is above the savings rate (2.7%).

Earnings vs Market: BA.'s earnings (11.3% per year) are forecast to grow slower than the UK market (14.3% per year).

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

Revenue vs Market: BA.'s revenue (8.2% per year) is forecast to grow faster than the UK market (4.1% per year).

High Growth Revenue: BA.'s revenue (8.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: BA.'s Return on Equity is forecast to be low in 3 years time (18.8%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/17 06:54
End of Day Share Price 2025/10/17 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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

BAE Systems plc is covered by 34 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Joseph CampbellBarclays
Andrew GollanBerenberg
George McwhirterBerenberg