Qantas Airways Ltd (QAN) - Cash Flow Conversion Efficiency

Latest as of December 2025: 1.251x

Based on the latest financial reports, Qantas Airways Ltd (QAN) has a cash flow conversion efficiency ratio of 1.251x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (AU$1.69 Billion) by net assets (AU$1.35 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Qantas Airways Ltd - Cash Flow Conversion Efficiency Trend (1994–2025)

This chart illustrates how Qantas Airways Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.

Qantas Airways Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Qantas Airways Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Trade Desk Inc NASDAQ:TTD	0.125x
Alibaba Health Information Technology Limited STU:TWY	0.014x
Akbank TAS IS:AKBNK	-0.212x
Sanan Optoelectronics Co Ltd SHG:600703	0.020x
Getlink SE PA:GET	0.135x
OGE Energy Corporation NYSE:OGE	0.077x
Texas Pacific Land Trust NYSE:TPL	0.113x
Hensoldt AG F:HAG	0.106x

Annual Cash Flow Conversion Efficiency for Qantas Airways Ltd (1994–2025)

The table below shows the annual cash flow conversion efficiency of Qantas Airways Ltd from 1994 to 2025.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-06-30	AU$783.00 Million	AU$4.25 Billion	5.432x	-52.37%
2024-06-30	AU$294.00 Million	AU$3.35 Billion	11.405x	-97.74%
2023-06-30	AU$10.00 Million	AU$5.05 Billion	505.400x	+3696.48%
2022-06-30	AU$-190.00 Million	AU$2.67 Billion	-14.053x	-1429.56%
2021-06-30	AU$443.00 Million	AU$-407.00 Million	-0.919x	-229.45%
2020-06-30	AU$1.53 Billion	AU$1.08 Billion	0.710x	-32.39%
2019-06-30	AU$3.01 Billion	AU$3.16 Billion	1.050x	+21.65%
2018-06-30	AU$3.96 Billion	AU$3.41 Billion	0.863x	+12.98%
2017-06-30	AU$3.54 Billion	AU$2.70 Billion	0.764x	-11.67%
2016-06-30	AU$3.26 Billion	AU$2.82 Billion	0.865x	+45.54%
2015-06-30	AU$3.45 Billion	AU$2.05 Billion	0.594x	+59.29%
2014-06-30	AU$2.87 Billion	AU$1.07 Billion	0.373x	+53.73%
2013-06-30	AU$5.84 Billion	AU$1.42 Billion	0.243x	-21.06%
2012-06-30	AU$5.89 Billion	AU$1.81 Billion	0.307x	+11.73%
2011-06-30	AU$6.15 Billion	AU$1.69 Billion	0.275x	+25.88%
2010-06-30	AU$5.98 Billion	AU$1.31 Billion	0.219x	+11.59%
2009-06-30	AU$5.76 Billion	AU$1.13 Billion	0.196x	-47.23%
2008-06-30	AU$5.73 Billion	AU$2.13 Billion	0.371x	-2.30%
2007-06-30	AU$6.20 Billion	AU$2.35 Billion	0.380x	+14.02%
2006-06-30	AU$6.08 Billion	AU$2.03 Billion	0.333x	+9.81%
2005-06-30	AU$6.43 Billion	AU$1.95 Billion	0.303x	-11.37%
2004-06-30	AU$5.84 Billion	AU$2.00 Billion	0.342x	+39.56%
2003-06-30	AU$5.26 Billion	AU$1.29 Billion	0.245x	-8.74%
2002-06-30	AU$4.25 Billion	AU$1.14 Billion	0.269x	-19.03%
2001-06-30	AU$3.32 Billion	AU$1.10 Billion	0.332x	-40.57%
2000-06-30	AU$2.86 Billion	AU$1.60 Billion	0.559x	+41.44%
1999-06-30	AU$3.06 Billion	AU$1.21 Billion	0.395x	-3.99%
1998-06-30	AU$2.96 Billion	AU$1.22 Billion	0.411x	-1.10%
1997-06-30	AU$2.67 Billion	AU$1.11 Billion	0.416x	+10.95%
1995-06-30	AU$2.28 Billion	AU$853.80 Million	0.375x	+11.38%
1994-06-30	AU$2.17 Billion	AU$729.00 Million	0.337x	--

About Qantas Airways Ltd

AU:QAN Australia Airlines

Market Cap

$9.72 Billion

AU$13.74 Billion AUD

Market Cap Rank

#2097 Global

#36 in Australia

Share Price

AU$9.08

Change (1 day)

-0.87%

52-Week Range

AU$8.15 - AU$12.12

All Time High

AU$12.12