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 ≈ $1.19 Billion USD) by net assets (AU$1.35 Billion ≈ $954.50 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Qantas Airways Ltd (QAN) balance sheet quality index to measure how much of total assets are equity-financed.

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. Check Qantas Airways Ltd earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.

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
Guangzhou Tinci Materials Technology Co Ltd
SHE:002709
0.040x
Insulet Corporation
NASDAQ:PODD
0.087x
Nordex SE
F:NDX1
0.492x
Strabag SE
VI:STR
-0.037x
Gartner Inc
NYSE:IT
0.921x
BrightSpring Health Services, Inc. Common Stock
NASDAQ:BTSG
0.062x
REC Limited
NSE:RECLTD
-0.035x
Laurus Labs Limited
NSE:LAURUSLABS
0.222x

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. For the full company profile with market capitalisation and key ratios, see Qantas Airways Ltd stock valuation.

Year Net Assets Operating Cash Flow Cash Flow Conversion Efficiency Change
2025-06-30 AU$783.00 Million
≈ $554.02 Million
AU$4.25 Billion
≈ $3.01 Billion
5.432x -52.37%
2024-06-30 AU$294.00 Million
≈ $208.02 Million
AU$3.35 Billion
≈ $2.37 Billion
11.405x -97.74%
2023-06-30 AU$10.00 Million
≈ $7.08 Million
AU$5.05 Billion
≈ $3.58 Billion
505.400x +3696.48%
2022-06-30 AU$-190.00 Million
≈ $-134.44 Million
AU$2.67 Billion
≈ $1.89 Billion
-14.053x -1429.56%
2021-06-30 AU$443.00 Million
≈ $313.45 Million
AU$-407.00 Million
≈ $-287.98 Million
-0.919x -229.45%
2020-06-30 AU$1.53 Billion
≈ $1.08 Billion
AU$1.08 Billion
≈ $766.29 Million
0.710x -32.39%
2019-06-30 AU$3.01 Billion
≈ $2.13 Billion
AU$3.16 Billion
≈ $2.24 Billion
1.050x +21.65%
2018-06-30 AU$3.96 Billion
≈ $2.80 Billion
AU$3.41 Billion
≈ $2.41 Billion
0.863x +12.98%
2017-06-30 AU$3.54 Billion
≈ $2.50 Billion
AU$2.70 Billion
≈ $1.91 Billion
0.764x -11.67%
2016-06-30 AU$3.26 Billion
≈ $2.31 Billion
AU$2.82 Billion
≈ $1.99 Billion
0.865x +45.54%
2015-06-30 AU$3.45 Billion
≈ $2.44 Billion
AU$2.05 Billion
≈ $1.45 Billion
0.594x +59.29%
2014-06-30 AU$2.87 Billion
≈ $2.03 Billion
AU$1.07 Billion
≈ $756.39 Million
0.373x +53.73%
2013-06-30 AU$5.84 Billion
≈ $4.13 Billion
AU$1.42 Billion
≈ $1.00 Billion
0.243x -21.06%
2012-06-30 AU$5.89 Billion
≈ $4.17 Billion
AU$1.81 Billion
≈ $1.28 Billion
0.307x +11.73%
2011-06-30 AU$6.15 Billion
≈ $4.35 Billion
AU$1.69 Billion
≈ $1.20 Billion
0.275x +25.88%
2010-06-30 AU$5.98 Billion
≈ $4.23 Billion
AU$1.31 Billion
≈ $924.79 Million
0.219x +11.59%
2009-06-30 AU$5.76 Billion
≈ $4.08 Billion
AU$1.13 Billion
≈ $798.84 Million
0.196x -47.23%
2008-06-30 AU$5.73 Billion
≈ $4.06 Billion
AU$2.13 Billion
≈ $1.51 Billion
0.371x -2.30%
2007-06-30 AU$6.20 Billion
≈ $4.38 Billion
AU$2.35 Billion
≈ $1.67 Billion
0.380x +14.02%
2006-06-30 AU$6.08 Billion
≈ $4.30 Billion
AU$2.03 Billion
≈ $1.43 Billion
0.333x +9.81%
2005-06-30 AU$6.43 Billion
≈ $4.55 Billion
AU$1.95 Billion
≈ $1.38 Billion
0.303x -11.37%
2004-06-30 AU$5.84 Billion
≈ $4.13 Billion
AU$2.00 Billion
≈ $1.41 Billion
0.342x +39.56%
2003-06-30 AU$5.26 Billion
≈ $3.72 Billion
AU$1.29 Billion
≈ $913.32 Million
0.245x -8.74%
2002-06-30 AU$4.25 Billion
≈ $3.01 Billion
AU$1.14 Billion
≈ $808.96 Million
0.269x -19.03%
2001-06-30 AU$3.32 Billion
≈ $2.35 Billion
AU$1.10 Billion
≈ $778.82 Million
0.332x -40.57%
2000-06-30 AU$2.86 Billion
≈ $2.03 Billion
AU$1.60 Billion
≈ $1.13 Billion
0.559x +41.44%
1999-06-30 AU$3.06 Billion
≈ $2.17 Billion
AU$1.21 Billion
≈ $854.95 Million
0.395x -3.99%
1998-06-30 AU$2.96 Billion
≈ $2.10 Billion
AU$1.22 Billion
≈ $862.10 Million
0.411x -1.10%
1997-06-30 AU$2.67 Billion
≈ $1.89 Billion
AU$1.11 Billion
≈ $785.96 Million
0.416x +10.95%
1995-06-30 AU$2.28 Billion
≈ $1.61 Billion
AU$853.80 Million
≈ $604.12 Million
0.375x +11.38%
1994-06-30 AU$2.17 Billion
≈ $1.53 Billion
AU$729.00 Million
≈ $515.81 Million
0.337x --

About Qantas Airways Ltd

AU:QAN Australia Airlines
Market Cap
$10.65 Billion
AU$15.06 Billion AUD
Market Cap Rank
#2121 Global
#41 in Australia
Share Price
AU$9.95
Change (1 day)
-1.58%
52-Week Range
AU$8.15 - AU$12.12
All Time High
AU$12.12
About

Qantas Airways Limited provides air transportation services in Australia and internationally. The company operates through Qantas Domestic, Qantas International, Jetstar Group, and Qantas Loyalty segments. It offers cargo, passengers, and air freight services; and customer loyalty recognition programs. The company operates under the Qantas and Jetstar brands. Qantas Airways Limited was founded in… Read more