InvestSMART

Qantas Airways Limited (ASX: QAN) - Financials

- Current share price for QAN : $8.800

Qantas Airways Limited (QAN) is an ASX-listed company and is held by a number of exchange traded funds (ETFs). It operates international and domestic air transportation services, provides freight services, and runs a frequent flyer loyalty program.

QAN Per Share

Year to Jun Sales Cashflow Earnings Dividends Franking Book Value Average
Annual P/E		 Relative P/E Shareholder Return
2026 $16.50 255.2 ¢ 87.4 ¢ 39.6 ¢ 100% $0.99 11.53 78.6% 3.7%
2025 $15.20 275.6 ¢ 106.5 ¢ 52.8 ¢ 100% $0.51 7.88 56.5% 88.9%
2024 $12.90 205.9 ¢ 83.2 ¢ 0 ¢ 0% $0.18 6.79 49.1% -5.7%

QAN Capital Structure

Total Debt Interest Long Term Debt Percent Debt Preferred Stock Share Equity Percent Equity
$10,352,000 $390,000 $9,447,000 86% $0.00 $1,499,000 14%
Note: All dollars in thousands ('000) for the table above

QAN Historical Financials

2026 2025 2024
Revenue ($M) 25,189 23,409 21,616
Operating Margin (%) 17.6 19.5 18.5
Depreciation ($M) -2,243 -1,972 -1,724
Amortisation ($M) -35 -40 -49
Net Profit Before Abs ($M) 1,333 1,644 1,390
Net Profit After Abs ($M) 1,289 1,605 1,255
Income Tax Rate (%) 29.5 29 33.6
Net Profit Margin (%) 5.3 7 6.4
Employees ($T)
Long Term Debt ($M) 9,447 7,313 5,991
Shareholders Equity ($M) 1,499 778 289
Return on Capital (%) 15 23 26
Return on Equity (%) 88.9 211.3 481
Payout Ratio (%) 45 50

QAN Cashflow

2026 2025 2024
Customer Receipts ($M) 27,077 25,215 23,153
Net Operating Cashflow ($M) 3,893 4,253 3,441
Net Investing Cashflow ($M) -3,968 -3,813 -2,887
Net Financing Cashflow ($M) 1,160 42 -2,010

QAN Market & Earnings

2026 2025 2024
Market Cap ($M) 16,070 16,252 9,174
Net Gearing (%) 470.6 733.5 1,657.5
Net Interest Cover (%) 7.59 10.39 11.04
Dividend Yield (%) 3.7 2.5
NTA Per Share ($) 0.62 0.12 -0.22
EBITDA ($M) 4,434 4,558 3,993
EBIT ($M) 2,156 2,546 2,220
EBT Before Abs ($M) 1,872 2,301 2,019

QAN Balance Sheet

2026 2025 2024
Cash ($M) 3,274 2,213 1,718
Debtors ($M) 1,140 1,205 1,124
Other Debtors ($M) 118 14 10
Prepayments ($M) 317 370 357
Inventories ($M) 481 405 343
Current Investments ($M) 312 150 261
Other Current Assets ($M) 69 119 121
Total Current Assets ($M) 5,711 4,515 3,979
Receivables ($M) 120 42 59
Inventories ($M)
Property, Plant & Equipment ($M) 41,001 37,381 34,344
Accumulated Depreciation ($M) -21,449 -20,221 -19,471
Intangibles ex. Goodwill ($M) 293 328 368
Goodwill ($M) 270 270 270
Future Income Tax Benefit ($M)
Non-Current Investments ($M) 247 226 231
Other Non-Current Assets ($M) 841 815 784
Total Non-Current Assets ($M) 21,323 18,841 16,585
Total Assets ($M) 27,034 23,356 20,564
Accounts Payable ($M) 3,516 3,146 2,908
Provisions ($M) 1,412 1,647 1,473
Short Term Debt ($M) 905 643 600
Other Current Liabilities ($M) 7,393 7,280 6,763
Total Current Liabilities ($M) 13,226 12,716 11,744
Creditors ($M)
Long Term Debt ($M) 9,447 7,313 5,991
Provisions ($M) 987 750 623
Other Non-Current Liabilities ($M) 1,870 1,794 1,912
Total Non-Current Liabilities ($M) 12,304 9,857 8,526
Total Liabilities ($M) 25,530 22,573 20,270
Share Capital ($M) 717 742 1,255
Reserves ex. Share Premium ($M) 269 117 324
Share Premium Reserve ($M)
Retained Profits ($M) 513 -81 -1,290
Other Shareholders Equity ($M)
Convertible Equity ($M)
Outside Equity Interest ($M) 5 5 5
Total Shareholders Equity ($M) 1,504 783 294

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