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Qantas Airways Limited (QAN) Ratios
Qantas Airways Limited Ratios
AU:QAN's free cash flow for Q4 2026 was $-52.00M. For the 2026 fiscal year, AU:QAN's free cash flow was decreased by $-2.14B and operating cash flow was $2.08B. See a summary of the company’s cash flow.
| Ratios | Jun 26 | Jun 25 | Jun 24 | Jun 23 | Jun 22 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 0.43 | 0.36 | 0.34 | 0.42 | 0.53 |
| Quick Ratio | 0.40 | 0.32 | 0.31 | 0.40 | 0.51 |
| Cash Ratio | 0.25 | 0.17 | 0.15 | 0.26 | 0.32 |
| Solvency Ratio | 0.14 | 0.16 | 0.15 | 0.17 | 0.05 |
| Operating Cash Flow Ratio | 0.29 | 0.33 | 0.29 | 0.42 | 0.25 |
| Short-Term Operating Cash Flow Coverage | 4.17 | 17.22 | 16.12 | 6.33 | 3.97 |
| Net Current Asset Value | $ -19.82B | $ -18.06B | $ -16.29B | $ -15.24B | $ -14.21B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.38 | 0.34 | 0.32 | 0.33 | 0.37 |
| Debt-to-Equity Ratio | 6.91 | 10.23 | 22.81 | 1345.20 | -36.71 |
| Debt-to-Capital Ratio | 0.87 | 0.91 | 0.96 | 1.00 | 1.03 |
| Long-Term Debt-to-Capital Ratio | 0.84 | 0.89 | 0.94 | 1.00 | 1.04 |
| Financial Leverage Ratio | 18.03 | 30.02 | 71.16 | 4070.80 | -99.76 |
| Debt Service Coverage Ratio | 2.96 | 7.11 | 7.27 | 3.53 | 1.33 |
| Interest Coverage Ratio | 5.73 | 26.46 | 9.06 | 9.08 | -6.29 |
| Debt to Market Cap | 0.56 | 0.39 | 0.52 | 0.46 | 0.71 |
| Interest Debt Per Share | 7.07 | 5.34 | 4.13 | 3.86 | 3.99 |
| Net Debt to EBITDA | 1.69 | 1.28 | 1.25 | 0.77 | 4.12 |
| Profitability Margins | |||||
| Gross Profit Margin | 19.11% | 33.36% | 53.01% | 56.20% | 52.00% |
| EBIT Margin | 7.53% | 10.31% | 9.83% | 14.42% | -10.03% |
| EBITDA Margin | 16.64% | 18.84% | 18.03% | 23.58% | 10.86% |
| Operating Profit Margin | 7.53% | 32.44% | 10.10% | 13.87% | -20.97% |
| Pretax Profit Margin | 7.26% | 9.50% | 8.72% | 12.89% | -13.69% |
| Net Profit Margin | 5.12% | 6.74% | 5.81% | 8.94% | -9.89% |
| Continuous Operations Profit Margin | 5.12% | 6.74% | 5.79% | 8.93% | -9.89% |
| Net Income Per EBT | 70.51% | 70.95% | 66.61% | 69.40% | 72.21% |
| EBT Per EBIT | 96.41% | 29.27% | 86.26% | 92.94% | 65.30% |
| Return on Assets (ROA) | 4.77% | 6.87% | 6.10% | 8.58% | -4.38% |
| Return on Equity (ROE) | 85.99% | 206.30% | 434.26% | 34920.00% | 436.55% |
| Return on Capital Employed (ROCE) | 13.73% | 72.62% | 24.76% | 32.78% | -20.05% |
| Return on Invested Capital (ROIC) | 9.09% | 48.59% | 15.39% | 19.96% | -12.98% |
| Return on Tangible Assets | 4.87% | 7.05% | 6.30% | 9.00% | -4.62% |
| Earnings Yield | 8.04% | 9.68% | 12.85% | 15.49% | -10.20% |
| Efficiency Ratios | |||||
| Receivables Turnover | 20.02 | 19.54 | 18.72 | 18.49 | 7.83 |
| Payables Turnover | 0.00 | 5.05 | 3.49 | 5.37 | 1.69 |
| Inventory Turnover | 42.36 | 39.20 | 29.61 | 50.58 | 15.52 |
| Fixed Asset Turnover | 1.29 | 1.39 | 1.45 | 1.48 | 0.78 |
| Asset Turnover | 0.93 | 1.02 | 1.05 | 0.96 | 0.44 |
| Working Capital Turnover Ratio | -3.21 | -2.98 | -2.93 | -3.28 | -1.91 |
| Cash Conversion Cycle | 26.85 | -44.34 | -72.67 | -41.02 | -146.12 |
| Days of Sales Outstanding | 18.23 | 18.68 | 19.50 | 19.74 | 46.61 |
| Days of Inventory Outstanding | 8.62 | 9.31 | 12.33 | 7.22 | 23.51 |
| Days of Payables Outstanding | 0.00 | 72.33 | 104.50 | 67.98 | 216.24 |
| Operating Cycle | 26.85 | 27.99 | 31.83 | 26.96 | 70.12 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 2.50 | 2.76 | 2.03 | 2.78 | 1.41 |
| Free Cash Flow Per Share | -0.13 | 0.22 | 0.41 | 1.37 | 0.93 |
| Dividend Paid and CapEx Coverage Ratio | 0.81 | 0.98 | 1.25 | 1.97 | 2.93 |
| Capital Expenditure Coverage Ratio | 0.95 | 1.09 | 1.25 | 1.97 | 2.93 |
| Operating Cash Flow Coverage Ratio | 0.36 | 0.53 | 0.51 | 0.75 | 0.37 |
| Operating Cash Flow to Sales Ratio | 0.15 | 0.18 | 0.16 | 0.26 | 0.31 |
| Free Cash Flow Yield | -1.25% | 2.02% | 6.96% | 22.10% | 20.75% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 12.49 | 10.23 | 7.78 | 6.46 | -9.80 |
| Price-to-Sales (P/S) Ratio | 0.64 | 0.70 | 0.45 | 0.58 | 0.97 |
| Price-to-Book (P/B) Ratio | 10.70 | 21.30 | 33.80 | 2254.32 | -42.79 |
| Price-to-Free Cash Flow (P/FCF) Ratio | -79.78 | 49.48 | 14.37 | 4.52 | 4.82 |
| Price-to-Operating Cash Flow Ratio | 4.25 | 3.90 | 2.91 | 2.23 | 3.18 |
| Price-to-Earnings Growth (PEG) Ratio | -0.66 | 0.27 | -0.37 | -0.02 | 0.20 |
| Enterprise Value Multiple | 5.51 | 4.97 | 3.76 | 3.22 | 13.04 |
| Enterprise Value | 23.11B | 22.32B | 14.64B | 14.83B | 12.32B |
| EV to EBITDA | 5.51 | 4.97 | 3.76 | 3.22 | 13.04 |
| EV to Sales | 0.92 | 0.94 | 0.68 | 0.76 | 1.42 |
| EV to Free Cash Flow | -115.00 | 66.62 | 21.53 | 5.95 | 7.04 |
| EV to Operating Cash Flow | 6.13 | 5.25 | 4.37 | 2.93 | 4.64 |
| Tangible Book Value Per Share | 0.62 | -0.06 | -0.21 | -0.52 | -0.66 |
| Shareholders’ Equity Per Share | 0.99 | 0.50 | 0.17 | 0.00 | -0.10 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.29 | 0.29 | 0.34 | 0.29 | 0.28 |
| Revenue Per Share | 16.68 | 15.44 | 13.08 | 10.74 | 4.61 |
| Net Income Per Share | 0.85 | 1.04 | 0.76 | 0.96 | -0.46 |
| Tax Burden | 0.71 | 0.71 | 0.67 | 0.69 | 0.72 |
| Interest Burden | 0.96 | 0.92 | 0.89 | 0.89 | 1.36 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.12 | 0.01 | 0.25 | 0.25 | 0.38 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 |
| Income Quality | 2.93 | 2.65 | 2.67 | 2.89 | -3.09 |
Currency in AUD
