Qantas Airways Ltd (AU:QAN) — Market Cap & Net Worth

$9.85 Billion USD · AU$13.92 Billion AUD · Rank #2072

Market Cap & Net Worth: Qantas Airways Ltd (QAN)

Qantas Airways Ltd (AU:QAN) has a market capitalization of $9.85 Billion (AU$13.92 Billion) as of April 21, 2026. Listed on the AU stock exchange, this Australia-based company holds position #2072 globally and #35 in its home market, demonstrating a 0.11% increase in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Qantas Airways Ltd's stock price AU$9.20 by its total outstanding shares 1513199279 (1.51 Billion).

Qantas Airways Ltd Market Cap History: 2015 to 2026

Qantas Airways Ltd's market capitalization history from 2015 to 2026. Data shows growth from $3.78 Billion to $9.85 Billion (10.03% CAGR).

Index Memberships

Qantas Airways Ltd is a constituent of 8 market indices:

Index	Total Market Cap	Weight (%)	Rank by Market Cap
S&P/ASX 50 AFLI	$1.24 Trillion	0.79%	#25 of 50
Australia All Ordinaries AORD	$1.61 Trillion	0.61%	#31 of 495
S&P/ASX 100 ATOI	$1.46 Trillion	0.68%	#31 of 100
S&P/ASX All Australian 50 AXAF	$1.14 Trillion	0.86%	#25 of 50
S&P/ASX All Australian 200 AXAT	$1.49 Trillion	0.66%	#29 of 200
S&P/ASX 200 AXJO	$1.46 Trillion	0.67%	#30 of 200
S&P/ASX 200 Accumulated AXJOA	$1.46 Trillion	0.67%	#30 of 200
S&P/ASX 300 AXKO	$1.70 Trillion	0.58%	#32 of 300

Weight: Qantas Airways Ltd's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

Qantas Airways Ltd Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Qantas Airways Ltd's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.

Latest Price to Sales (P/S) Ratio

0.47x

Qantas Airways Ltd's market cap is 0.47 times its annual revenue

Industry average: 0.84x Lower than industry average

Latest Price to Earnings (P/E) Ratio

6.92x

Qantas Airways Ltd's market cap is 6.92 times its annual earnings

Industry average: 17.94x Lower than industry average

What These Ratios Tell Investors:

Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
Industry comparison provides context for whether the company is valued higher or lower than peers.

Year	Market Cap (USD)	Revenue (USD)	Net Income (USD)	P/S Ratio	P/E Ratio
2016	$3.14 Billion	$15.78 Billion	$1.03 Billion	0.20x	3.05x
2017	$4.91 Billion	$15.68 Billion	$852.00 Million	0.31x	5.76x
2018	$5.79 Billion	$16.80 Billion	$980.00 Million	0.34x	5.91x
2019	$7.43 Billion	$17.60 Billion	$891.00 Million	0.42x	8.34x
2020	$5.19 Billion	$14.05 Billion	-$1.96 Billion	0.37x	N/A
2021	$5.36 Billion	$5.38 Billion	-$1.69 Billion	1.00x	N/A
2022	$6.43 Billion	$8.70 Billion	-$860.00 Million	0.74x	N/A
2023	$5.75 Billion	$19.52 Billion	$1.75 Billion	0.29x	3.29x
2024	$9.60 Billion	$21.62 Billion	$1.25 Billion	0.44x	7.65x
2025	$11.11 Billion	$23.82 Billion	$1.60 Billion	0.47x	6.92x

Competitor Companies of QAN by Market Capitalization

Companies near Qantas Airways Ltd in the global market cap rankings as of April 21, 2026.

Key companies related to Qantas Airways Ltd by market ranking:

Delta Air Lines Inc (NYSE:DAL): Ranked #638 globally with a market cap of $37.84 Billion USD.
United Airlines Holdings Inc (NASDAQ:UAL): Ranked #736 globally with a market cap of $32.02 Billion USD.
Ryanair Holdings plc (IR:RYA): Ranked #828 globally with a market cap of $28.00 Billion USD ( €23.95 Billion EUR).
Southwest Airlines Company (NYSE:LUV): Ranked #1112 globally with a market cap of $20.55 Billion USD.

Market capitalization comparison (in billions USD)

Rank	Company	Symbol	Market Cap	Price
#638	Delta Air Lines Inc	NYSE:DAL	$37.84 Billion	$71.21
#736	United Airlines Holdings Inc	NASDAQ:UAL	$32.02 Billion	$98.91
#828	Ryanair Holdings plc	IR:RYA	$28.00 Billion	€24.97
#1112	Southwest Airlines Company	NYSE:LUV	$20.55 Billion	$41.82

Qantas Airways Ltd Historical Marketcap From 2015 to 2026

Between 2015 and today, Qantas Airways Ltd's market cap moved from $3.78 Billion to $ 9.85 Billion, with a yearly change of 10.03%.

Year	Market Cap	Change (%)
2026	AU$9.85 Billion	-11.37%
2025	AU$11.11 Billion	+15.72%
2024	AU$9.60 Billion	+67.04%
2023	AU$5.75 Billion	-10.65%
2022	AU$6.43 Billion	+19.96%
2021	AU$5.36 Billion	+3.30%
2020	AU$5.19 Billion	-30.08%
2019	AU$7.43 Billion	+28.18%
2018	AU$5.79 Billion	+18.12%
2017	AU$4.91 Billion	+56.17%
2016	AU$3.14 Billion	-16.86%
2015	AU$3.78 Billion	--

End of Day Market Cap According to Different Sources

On Apr 21st, 2026 the market cap of Qantas Airways Ltd was reported to be:

Source	Market Cap
Yahoo Finance	$9.85 Billion USD
MoneyControl	$9.85 Billion USD
MarketWatch	$9.85 Billion USD
marketcap.company	$9.85 Billion USD
Reuters	$9.85 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Qantas Airways Ltd

AU:QAN Australia Airlines

Market Cap

$9.85 Billion

AU$13.92 Billion AUD

Market Cap Rank

#2072 Global

#35 in Australia

Share Price

AU$9.20

Change (1 day)

+1.32%

52-Week Range

AU$8.15 - AU$12.12

All Time High

AU$12.12