Qantas Airways Limited
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
Qantas Airways Limited (QUBSF) - Net Assets
Latest net assets as of June 2025: $783.00 Million USD
Based on the latest financial reports, Qantas Airways Limited (QUBSF) has net assets worth $783.00 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($23.36 Billion) and total liabilities ($22.57 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $783.00 Million |
| % of Total Assets | 3.35% |
| Annual Growth Rate | -3.23% |
| 5-Year Change | 51.74% |
| 10-Year Change | -75.98% |
| Growth Volatility | 511.81 |
Qantas Airways Limited - Net Assets Trend (1994–2025)
This chart illustrates how Qantas Airways Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Qantas Airways Limited (1994–2025)
The table below shows the annual net assets of Qantas Airways Limited from 1994 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $783.00 Million | +166.33% |
| 2024-06-30 | $294.00 Million | +2840.00% |
| 2023-06-30 | $10.00 Million | +105.26% |
| 2022-06-30 | $-190.00 Million | -136.82% |
| 2021-06-30 | $516.00 Million | -66.19% |
| 2020-06-30 | $1.53 Billion | -55.59% |
| 2019-06-30 | $3.44 Billion | -13.21% |
| 2018-06-30 | $3.96 Billion | +11.84% |
| 2017-06-30 | $3.54 Billion | +8.59% |
| 2016-06-30 | $3.26 Billion | -5.43% |
| 2015-06-30 | $3.45 Billion | +20.27% |
| 2014-06-30 | $2.87 Billion | -51.86% |
| 2013-06-30 | $5.95 Billion | +1.10% |
| 2012-06-30 | $5.89 Billion | -4.26% |
| 2011-06-30 | $6.15 Billion | +2.84% |
| 2010-06-30 | $5.98 Billion | +3.75% |
| 2009-06-30 | $5.76 Billion | +0.52% |
| 2008-06-30 | $5.73 Billion | -7.43% |
| 2007-06-30 | $6.20 Billion | +1.87% |
| 2006-06-30 | $6.08 Billion | -5.38% |
| 2005-06-30 | $6.43 Billion | +10.04% |
| 2004-06-30 | $5.84 Billion | +10.99% |
| 2003-06-30 | $5.26 Billion | +23.71% |
| 2002-06-30 | $4.25 Billion | +28.28% |
| 2001-06-30 | $3.32 Billion | +15.76% |
| 2000-06-30 | $2.86 Billion | -6.39% |
| 1999-06-30 | $3.06 Billion | +3.29% |
| 1998-06-30 | $2.96 Billion | +10.91% |
| 1997-06-30 | $2.67 Billion | +9.62% |
| 1996-06-30 | $2.44 Billion | +6.97% |
| 1995-06-30 | $2.28 Billion | +5.15% |
| 1994-06-30 | $2.17 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Qantas Airways Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 113.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $742.00 Million | 95.37% |
| Other Comprehensive Income | $117.00 Million | 15.04% |
| Total Equity | $778.00 Million | 100.00% |
Qantas Airways Limited Competitors by Market Cap
The table below lists competitors of Qantas Airways Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AeroVironment Inc
NASDAQ:AVAV
|
$8.29 Billion |
|
Sysmex Corporation
PINK:SSMXF
|
$8.29 Billion |
|
Old National Bancorp
NASDAQ:ONB
|
$8.29 Billion |
|
Popular Inc
NASDAQ:BPOP
|
$8.30 Billion |
|
BE Semiconductor Industries N.V
PINK:BESVF
|
$8.27 Billion |
|
Military Commercial Joint Stock Bank
VN:MBB
|
$8.27 Billion |
|
AptarGroup Inc
NYSE:ATR
|
$8.27 Billion |
|
Knight Transportation Inc
NYSE:KNX
|
$8.27 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Qantas Airways Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 289,000,000 to 778,000,000, a change of 489,000,000 (169.2%).
- Net income of 1,605,000,000 contributed positively to equity growth.
- Dividend payments of 400,000,000 reduced retained earnings.
- Share repurchases of 581,000,000 reduced equity.
- Other comprehensive income decreased equity by 207,000,000.
- Other factors increased equity by 72,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.60 Billion | +206.3% |
| Dividends Paid | $400.00 Million | -51.41% |
| Share Repurchases | $581.00 Million | -74.68% |
| Other Comprehensive Income | $-207.00 Million | -26.61% |
| Other Changes | $72.00 Million | +9.25% |
| Total Change | $- | 169.20% |
Book Value vs Market Value Analysis
This analysis compares Qantas Airways Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 11.03x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 2.43x to 11.03x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-06-30 | $2.29 | $5.56 | x |
| 1995-06-30 | $2.40 | $5.56 | x |
| 1996-06-30 | $2.53 | $5.56 | x |
| 1997-06-30 | $2.68 | $5.56 | x |
| 1998-06-30 | $2.65 | $5.56 | x |
| 1999-06-30 | $2716607.43 | $5.56 | x |
| 2000-06-30 | $2.50 | $5.56 | x |
| 2001-06-30 | $2.77 | $5.56 | x |
| 2002-06-30 | $3.05 | $5.56 | x |
| 2003-06-30 | $3.25 | $5.56 | x |
| 2004-06-30 | $3.42 | $5.56 | x |
| 2005-06-30 | $3.65 | $5.56 | x |
| 2006-06-30 | $3.36 | $5.56 | x |
| 2007-06-30 | $3.33 | $5.56 | x |
| 2008-06-30 | $3.16 | $5.56 | x |
| 2009-06-30 | $2.92 | $5.56 | x |
| 2010-06-30 | $2.79 | $5.56 | x |
| 2011-06-30 | $2.89 | $5.56 | x |
| 2012-06-30 | $2.77 | $5.56 | x |
| 2013-06-30 | $2.80 | $5.56 | x |
| 2014-06-30 | $1.39 | $5.56 | x |
| 2015-06-30 | $1.67 | $5.56 | x |
| 2016-06-30 | $1.58 | $5.56 | x |
| 2017-06-30 | $1.91 | $5.56 | x |
| 2018-06-30 | $2.25 | $5.56 | x |
| 2019-06-30 | $2.09 | $5.56 | x |
| 2020-06-30 | $1.00 | $5.56 | x |
| 2021-06-30 | $0.27 | $5.56 | x |
| 2022-06-30 | $-0.10 | $5.56 | x |
| 2023-06-30 | $0.00 | $5.56 | x |
| 2024-06-30 | $0.17 | $5.56 | x |
| 2025-06-30 | $0.50 | $5.56 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Qantas Airways Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 206.30%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.86%
- • Asset Turnover: 1.00x
- • Equity Multiplier: 30.02x
- Recent ROE (206.30%) is below the historical average (1098.99%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | -0.01% | 0.00% | 0.79x | 3.79x | $-216.72 Million |
| 1995 | -0.01% | 0.00% | 0.80x | 3.92x | $-227.86 Million |
| 1996 | -0.02% | -0.01% | 0.82x | 3.79x | $-243.98 Million |
| 1997 | 9.47% | 3.04% | 0.84x | 3.71x | $-14.20 Million |
| 1998 | -0.01% | 0.00% | 0.00x | 3.50x | $-296.24 Million |
| 1999 | 0.02% | 0.00% | 0.00x | 3.67x | $-305.19 Million |
| 2000 | -0.02% | 0.00% | 0.00x | 4.19x | $-286.88 Million |
| 2001 | -0.13% | -0.05% | 0.73x | 3.79x | $-334.83 Million |
| 2002 | -0.03% | -0.01% | 0.73x | 3.49x | $-425.50 Million |
| 2003 | -0.06% | -0.03% | 0.63x | 3.23x | $-527.88 Million |
| 2004 | -0.01% | 0.00% | 0.61x | 3.02x | $-582.96 Million |
| 2005 | -0.01% | -0.01% | 0.69x | 2.82x | $-643.07 Million |
| 2006 | 7.89% | 3.81% | 0.66x | 3.16x | $-128.12 Million |
| 2007 | 11.62% | 5.13% | 0.71x | 3.17x | $100.49 Million |
| 2008 | 16.91% | 6.54% | 0.75x | 3.44x | $395.88 Million |
| 2009 | 2.05% | 0.90% | 0.65x | 3.50x | $-455.10 Million |
| 2010 | 1.89% | 0.86% | 0.65x | 3.35x | $-481.90 Million |
| 2011 | 4.07% | 1.75% | 0.68x | 3.39x | $-364.70 Million |
| 2012 | -4.16% | -1.61% | 0.72x | 3.60x | $-833.50 Million |
| 2013 | 0.08% | 0.03% | 0.77x | 3.40x | $-589.90 Million |
| 2014 | -99.34% | -18.76% | 0.88x | 6.05x | $-3.13 Billion |
| 2015 | 16.18% | 3.59% | 0.89x | 5.09x | $212.80 Million |
| 2016 | 31.61% | 6.52% | 0.94x | 5.13x | $703.50 Million |
| 2017 | 24.09% | 5.43% | 0.91x | 4.87x | $498.30 Million |
| 2018 | 24.77% | 5.89% | 0.89x | 4.71x | $584.40 Million |
| 2019 | 25.95% | 5.06% | 0.91x | 5.64x | $547.70 Million |
| 2020 | -128.96% | -13.97% | 0.70x | 13.15x | $-2.12 Billion |
| 2021 | -336.84% | -29.12% | 0.33x | 34.85x | $-1.78 Billion |
| 2022 | 0.00% | -9.44% | 0.46x | 0.00x | $-840.30 Million |
| 2023 | 34920.00% | 8.81% | 0.97x | 4070.80x | $1.75 Billion |
| 2024 | 434.26% | 5.81% | 1.05x | 71.16x | $1.23 Billion |
| 2025 | 206.30% | 6.86% | 1.00x | 30.02x | $1.53 Billion |
Industry Comparison
This section compares Qantas Airways Limited's net assets metrics with peer companies in the Airlines industry.
Industry Context
- Industry: Airlines
- Average net assets among peers: $84,221,809,251
- Average return on equity (ROE) among peers: 148.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Qantas Airways Limited (QUBSF) | $783.00 Million | -0.01% | 28.83x | $8.29 Billion |
| American Airlines Group (AAL) | $-581.00 Million | 0.00% | 0.00x | $6.80 Billion |
| Air Canada (ACDVF) | $2.59 Billion | 24.86% | 11.05x | $2.83 Billion |
| Grupo Aeroméxico, S.A.B. de C.V. (AERO) | $-730.83 Million | 0.00% | 0.00x | $260.71 Million |
| Air France-KLM SA (AFRAF) | $-5.42 Billion | 0.00% | 0.00x | $1.02 Billion |
| Aegean Airlines S.A (AGZNF) | $277.88 Million | 24.44% | 1.61x | $461.90 Million |
| AirAsia Group Berhad (AIABF) | $935.30 Million | 1390.41% | 6.89x | $418.10 Million |
| Air China Limited (AICAF) | $49.50 Billion | 15.10% | 2.50x | $2.97 Billion |
| Allegiant Travel Company (ALGT) | $401.72 Million | 19.56% | 0.99x | $1.25 Billion |
| Alaska Air Group Inc (ALK) | $340.50 Million | 5.05% | 2.00x | $4.48 Billion |
| ANA Holdings Inc (ALNPF) | $794.90 Billion | 9.83% | 1.80x | $7.63 Billion |