Qantas Airways Ltd (QAN) — Cash Flow Quality Index
Qantas Airways Ltd (QAN) has a Cash Flow Quality Index of 1.82x as of December 2025. Operating cash flow of AU$1.69 Billion exceeds net income of AU$925.00 Million, indicating high earnings quality where cash backs reported profits. Explore Qantas Airways Ltd cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Qantas Airways Ltd Cash Flow Quality Index (1999–2025)
Historical Cash Flow Quality Index for Qantas Airways Ltd across 16 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Qantas Airways Ltd (QAN) cash flow conversion.
Annual Cash Flow Quality Index for Qantas Airways Ltd (1999–2025)
Year-by-year earnings quality comparison for Qantas Airways Ltd.
| Year | Quality Index | Operating CF (AUD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.65x | AU$4.25 Billion | AU$1.60 Billion | ▼ -0.8% |
| 2024 | 2.67x | AU$3.35 Billion | AU$1.25 Billion | ▼ -7.7% |
| 2023 | 2.89x | AU$5.05 Billion | AU$1.75 Billion | ▼ -23.2% |
| 2019 | 3.77x | AU$3.16 Billion | AU$840.00 Million | ▲ +5.2% |
| 2018 | 3.58x | AU$3.41 Billion | AU$953.00 Million | ▲ +12.8% |
| 2017 | 3.17x | AU$2.70 Billion | AU$852.00 Million | ▲ +15.8% |
| 2016 | 2.74x | AU$2.82 Billion | AU$1.03 Billion | ▼ -25.5% |
| 2015 | 3.68x | AU$2.05 Billion | AU$557.00 Million | ▼ -99.7% |
| 2013 | 1417.00x | AU$1.42 Billion | AU$1.00 Million | ▲ +20836.8% |
| 2011 | 6.77x | AU$1.69 Billion | AU$250.00 Million | ▼ -42.0% |
| 2010 | 11.67x | AU$1.31 Billion | AU$112.00 Million | ▲ +20.9% |
| 2009 | 9.65x | AU$1.13 Billion | AU$117.00 Million | ▲ +339.3% |
| 2008 | 2.20x | AU$2.13 Billion | AU$969.00 Million | ▼ -32.9% |
| 2007 | 3.27x | AU$2.35 Billion | AU$719.40 Million | ▼ -22.6% |
| 2006 | 4.23x | AU$2.03 Billion | AU$479.50 Million | ▼ -99.8% |
| 1999 | 1726.14x | AU$1.21 Billion | AU$700.00K | — |