Qantas' fiscal 2026 underlying pretax profit was AUD 2.1 billion, down 14% on last year despite 7% revenue growth. Fuel costs have surged too quickly for higher ticket prices to meaningfully offset, and Qantas' Brent crude hedges were insufficient amid spiking refining margins.
Qantas' earnings are highly leveraged to improving macroeconomic conditions and unrestricted air travel.
Qantas is exposed to cyclical factors outside management's control, including passenger demand, fuel prices, and exchange rates.
|
Metric
|
QAN
|
DAL
|
AIR
|
|---|---|---|---|
Price/Earnings (Normalized) | 8.96 | 15.41 | 34.22 |
Price/Book Value | 8.87 | 2.54 | 0.75 |
Price/Sales | 0.53 | 0.81 | 0.18 |
Price/Cash Flow | 3.44 | 6.79 | 1.55 |
|
Metric
|
QAN
|
DAL
|
AIR
|
|---|---|---|---|
Quick Ratio | 0.37 | 0.27 | 0.35 |
Current Ratio | 0.43 | 0.42 | 0.47 |
Interest Coverage | 4.37 | 9.13 | −1.78 |
|
Metric
|
QAN
|
DAL
|
AIR
|
|---|---|---|---|
Return on Assets (Normalized) | 5.20% | 4.53% | −2.69% |
Return on Equity (Normalized) | 106.62% | 18.71% | −13.31% |
Return on Invested Capital (Normalized) | 11.94% | 10.39% | −3.77% |
|
1-Day Chart
|
Name
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Price
|
Morningstar Rating for Stocks
|
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Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
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United States