Westpac Banking (ASX:WBC) Revenue : A$21,380 Mil (TTM As of Sep. 2023)

Westpac Banking Revenue Chart

Westpac Banking Annual Data
	Trend	Sep14	Sep15	Sep16	Sep17	Sep18	Sep19	Sep20	Sep21	Sep22	Sep23
Revenue		Get a 7-Day Free Trial					20,631.00	19,870.00	21,020.00	20,409.00	21,380.00

Westpac Banking Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Revenue	Get a 7-Day Free Trial															10,333.00	9,932.00	10,477.00	10,736.00	10,644.00

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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$21,380 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:WBC) 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:

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

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Westpac Banking (ASX:WBC) Business Description