Qantas
Financial Performance
Qantas Revenue & Financials
Revenue
~$14.1B (FY2024)
Market Cap
$10.5B
Net Income
~$806.9M
Employees
30,000
What is Qantas's revenue?
Qantas had ~$14.1B in revenue for fiscal year 2024, up 10.6% from 2023. Net income was ~$806.9M.
- Latest revenue
- ~$14.1B (FY2024)
- Year-over-year
- +10.6%
- Growth rate (CAGR)
- 3.7% over 9 years
- Peak revenue
- ~$14.1B (FY2024)
- Years of data
- 10
- Employees
- 30,000
- How much profit does Qantas make?
- Qantas reported net income of ~$806.9M for fiscal year 2024. qantas.com
- How many employees does Qantas have?
- Qantas has about 30,000 employees.
Financial Analysis
Qantas exhibits a transformed financial structure characterized by strong free cash flow generation, disciplined net debt targets, and substantial capital returns. In fiscal year 2023/2024, Qantas generated total revenue of AUD $21.91 billion, up 10.7% year-over-year. Underlying profit before tax was AUD $2.08 billion, with statutory net profit after tax reaching AUD $1.25 billion. Operating cash flow exceeded AUD $3.5 billion, enabling Qantas to self-fund its massive multi-billion-dollar fleet renewal while returning hundreds of millions to shareholders through share buybacks and maintaining an investment-grade balance sheet with net debt well within its target range of AUD $4.0B to $5.0B.
Revenue Trend Analysis
YoY Change
+10.6%
9-Year CAGR
+3.7%
Peak Year
2024
Trend
Mostly Growing
Qantas has 10 full fiscal year figures on this page, compounding at +3.7% annually over 9 years. The most recent year saw a 10.6% increase versus the prior year. Annual revenue peaked in fiscal year 2024 at ~$14.1B. Of 9 comparable year-over-year steps, 6 showed growth and 3 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Net Income | YoY Change | Source |
|---|---|---|---|---|
| FY2024 | ~$14.1B | ~$806.9M | +10.6% | Qantas Airways Limited Annual Report FY2024 |
| FY2023 | ~$12.8B | ~$1.1B | +117.6% | Qantas Airways Limited Annual Report FY2023 |
| FY2022 | ~$5.9B | -~$554.7M | +53.5% | Qantas Airways Limited Annual Report FY2022 |
| FY2021 | ~$3.8B | -~$1.1B | -58.4% | Qantas Airways Limited Annual Report FY2021 |
| FY2020 | ~$9.2B | -~$1.3B | -20.6% | Qantas Airways Limited Annual Report FY2020 |
| FY2019 | ~$11.6B | ~$574.7M | +4.9% | Qantas Airways Limited Annual Report FY2019 |
| FY2018 | ~$11B | ~$614.7M | +6.7% | Qantas Airways Limited Annual Report FY2018 (AASB 15 restated) |
| FY2017 | ~$10.4B | ~$550.2M | -0.9% | Qantas Airways Limited Annual Report FY2017 |
| FY2016 | ~$10.4B | ~$663.7M | +2.4% | Qantas Airways Limited Annual Report FY2016 |
| FY2015 | ~$10.2B | ~$361.2M | — | Qantas Airways Limited Annual Report FY2015 |
Click any row to see year details.
Keep researching Qantas
Qantas Revenue and Financial FAQ
What was Qantas's latest reported annual revenue?
In its latest audited financial reporting period, Qantas recorded consolidated net revenue of AUD $21.9B ($14.5B), demonstrating durable revenue growth across its primary operating divisions.
How profitable is Qantas?
Qantas generates industry-leading profitability, combining disciplined cost management with high gross margins to deliver substantial net earnings and superior return on equity (ROE) throughout changing economic cycles.
What is Qantas's capital and liquidity position?
Qantas maintains a fortress balance sheet equipped with ample liquid cash reserves, conservative debt leverage, and capital adequacy ratios that provide substantial safety margins above statutory regulatory requirements.
Does Qantas distribute capital to shareholders?
Qantas executes a disciplined capital allocation strategy that balances internal reinvestment into digital innovation and strategic growth with sustainable ordinary dividends and accretive share repurchase programs.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Qantas Revenue & Financials." CorpDigest, https://corpdigest.com/company/qantas/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Qantas reported ~$14.1B in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/qantas/financials" target="_blank" rel="noopener">CorpDigest — Qantas financials</a></div>Related Financial Audits
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