profit from every A$100 of sales.
A$0A$100
Qantas Airways
A$9.96+0.61% today
-0.2% in 1 year
1-year low A$8.151-year high A$10.74
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay A$9.39 for every A$1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Qantas Airways sold, what it kept, and what it did with the cash.
Sales went from A$8.70 billion in 2022 to A$23.4 billion in 2025, with A$1.61 billion of profit last year.
SalesProfit
Qantas Airways handed back more cash to shareholders than it generated last year.
Buybacks A$581MA$400M
Free cash flow 2025A$448M
Bought back its own sharesA$581M
Paid as dividendsA$400M
Cash vs. debtA$2.2B vs. A$8.0B
Qantas Airways vs. similar companies
Qantas Airways grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from A$100 of sales | Sales growth a year | Price per A$1 of profit |
|---|---|---|---|
| Qantas Airways | 9.4× · Cheap | ||
 Delta Air Lines | 12.0× · Cheap | ||
 International Consolidated Airlines Group | 7.1× · Cheap | ||
 InterGlobe Aviation | No profit yet | ||
 Air China | No profit yet |
AI analysis
An AI analyst reads Qantas Airways's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of AUD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 8,700 | 19,521 | 21,616 | 23,409 | |
| 4,524 | 10,970 | 11,459 | 12,761 | |
| -1,824 | 2,440 | 1,873 | 2,041 | |
| 928 | 4,524 | 3,898 | 4,536 | |
| -860 | 1,746 | 1,255 | 1,605 | |
| -0.46 | 0.93 | 0.75 | 1.04 | |
| 52.0% | 56.2% | 53.0% | 54.5% | |
| -21.0% | 12.5% | 8.7% | 8.7% | |
| -9.9% | 8.9% | 5.8% | 6.9% |
Balance sheet
| In millions of AUD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 19,653 | 20,354 | 20,564 | 23,356 |
| Cash | 3,343 | 3,171 | 1,718 | 2,213 |
| Total debt | 7,232 | 6,726 | 6,591 | 7,956 |
| Total liabilities | 19,843 | 20,344 | 20,270 | 22,573 |
| -197 | 5 | 289 | 778 | |
| 1,886 | 1,877 | 1,671 | 1,543 | |
| -8.7% | 28.7% | 21.6% | 20.2% | |
| 436.5% | 34,920.0% | 434.3% | 206.3% |
Cash flow
| In millions of AUD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| – | – | – | – | |
| 906 | 2,563 | 2,673 | 3,805 | |
| 1,764 | 2,522 | 768 | 448 | |
| Dividends paid | 1 | – | – | 400 |
| 2 | 1,103 | 1,144 | 581 | |
| – | – | – | – |
Valuation
- 9.4×
- –
- –
- 10.0×
- 0.6×
- 33.6×
- 4.6×
- 3.0%
- 10.6%
- 2.7%
Profitability
- 54.5%
- 8.7%
- 6.9%
- –
- 12.6%
- 20.8%
- –
- –
- –
- –
Growth
- +39.1%
- –
- –
- –
- −6.7%
Financial health
- 1.6×
- 6.91
- –
- 7.1×
- 0.43
- –
- –
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 20%of 982
Top 50%of 989
Top 7%of 870
Top 4%of 986
Bottom 44%of 988
2.7%of the share price, paid each year
On $1,000 invested$27a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
24.9% of its profit
Room to growStretchedMore than it earns: 89.3%
News
Qantas to start selling tickets next year for its New York to Sydney nonstop flightCNBC · Sep 22, 2026The newest story we have is from Sep 22, 2026.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
3/7Passes 3 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
58No pass
Benjamin Graham
47No pass
Philip Fisher
68Pass
Peter Lynch
60Pass
Joel Greenblatt
60Pass
Charlie Munger
50No pass
Terry Smith
41No pass
Questions about Qantas Airways
Is Qantas Airways a good stock to buy?
A business with weak numbers, and the price looks low. 3 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Qantas Airways AI analysis
What does Qantas Airways do?
Qantas Airways Limited provides air transportation services in Australia and internationally. The company operates through Qantas Domestic, Qantas International, Jetstar Group, and Qantas Loyalty segments. It is in Airlines, based in Mascot, NSW, Australia.
Does Qantas Airways pay a dividend?
Yes. At today's price the dividend is 2.7% a year, about 25% of its yearly profit. In 2025 it paid out A$400 million in dividends.
Is Qantas Airways stock halal?
No. Qantas Airways does not pass our halal screen: its debt is 53% of its market value, at or above the 33% limit. How we check
How has Qantas Airways stock done over the past year?
Down 0.2% over the past twelve months, to A$9.96. It traded between A$8.15 and A$10.74 and is 7.3% below its high.
Who are Qantas Airways's competitors?
The largest listed companies in the same industry are Delta Air Lines, International Consolidated Airlines Group, InterGlobe Aviation and Air China. The peers table on this page compares their profit, growth and price with Qantas Airways's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.