Qantas Airways
QAN.ASXIndustrials
The operation of international and domestic air transportation services, the sale of worldwide and domestic holiday tours and associated support activities including catering, information technology, ground handling and engineering and maintenance.
Market Data
$9.360
-0.0%$14.3B
9.0x
$1.054
4.89%
-0.1%
Latest Earnings
Qantas Group FY25 Appendix 4E and Preliminary Final Report
28 August 2025
Qantas Group delivered strong FY25 results with Underlying PBT of $2,394M (+15.2% YoY) and Statutory NPAT of $1,605M (+28.3% YoY), driven by 8.6% revenue growth to $23.8B, higher international capacity, and robust domestic demand. The company maintained net debt of $5.0B within target range, returned $431M via buybacks, and reinstated fully franked dividends of 33 cents per share (interim and final combined). The group faces headwinds from Jetstar Asia closure ($39M costs), moderation in yields, and elevated legal provisions, but outlook remains supported by fleet renewal investments and strong loyalty program momentum. Key points: Strong earnings growth with Underlying PBT +15.2% to $2,394M and Statutory NPAT +28.3% to $1,605M despite yield headwinds; Revenue growth of 8.6% to $23.8B supported by 8% ASK expansion with international capacity restoration and A380 return; Excellent cash generation with $4,253M operating cash flow and net debt of $5.0B maintained within $4.6-5.7B target range
Recent Announcements
Becoming a substantial holder
AustralianSuper Pty Ltd became a substantial holder (5.27%).
Qantas Group Market Update
Qantas Group issued a market update revising its FY26 outlook due to Middle East conflict impacts, noting jet fuel prices have more than doubled with 2H26 fuel costs now estimated at $3.1-3.3 billion, while the airline is mitigating impacts through network changes, capacity reductions (5% domestic capacity cut in 4Q26), and fare increases, with international unit revenue growth guidance doubled to 4-6% for 2H26.
Becoming a substantial holder
L1 Capital Pty Ltd and each of the entities set out in Annexure A became a substantial holder (5.02%).
Ceasing to be a substantial holder
L1 Capital Pty Ltd and L1 Capital Strategic Equity Management Pty Ltd ceased to be a substantial holder.
Qantas Group FY25 Appendix 4E and Preliminary Final Report
Qantas Group delivered strong FY25 results with Underlying PBT of $2,394M (+15.2% YoY) and Statutory NPAT of $1,605M (+28.3% YoY), driven by 8.6% revenue growth to $23.8B, higher international capacity, and robust domestic demand. The company maintained net debt of $5.0B within target range, returned $431M via buybacks, and reinstated fully franked dividends of 33 cents per share (interim and final combined). The group faces headwinds from Jetstar Asia closure ($39M costs), moderation in yields, and elevated legal provisions, but outlook remains supported by fleet renewal investments and strong loyalty program momentum. Key points: Strong earnings growth with Underlying PBT +15.2% to $2,394M and Statutory NPAT +28.3% to $1,605M despite yield headwinds; Revenue growth of 8.6% to $23.8B supported by 8% ASK expansion with international capacity restoration and A380 return; Excellent cash generation with $4,253M operating cash flow and net debt of $5.0B maintained within $4.6-5.7B target range
Get real-time alerts for QAN
Receive AI-powered earnings summaries and instant notifications when Qantas Airways releases results.
Register Free