Qantas Airways (FRA:QAN) EBITDA Margin %: 20.42% (As of Dec. 2025) — 13% Above Median


FRA:QAN Qantas Airways Ltd FRA:QAN
83 GF Score
Price €6.48
GF Value €6.71
Valuation Fairly Valued
! 6 Warning Signs
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What is Qantas Airways EBITDA Margin %?

Qantas Airways FRA:QAN +2.16% 83 EBITDA Margin % is 20.42% as of Dec. 2025, which is 13% above its 10-year median of 18.00. GuruFocus rates FRA:QAN with a GF Score™ of 83/100 and a GF Value™ of €6.71 (Fairly Valued). The stock has 6 warning signs investors should review. Among 999 Transportation companies, Qantas Airways ranks better than 61.16% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Qantas Airways's EBITDA for the six months ended in Dec. 2025 was €1,473 Mil. Qantas Airways's Revenue for the six months ended in Dec. 2025 was €7,216 Mil. Therefore, Qantas Airways's EBITDA margin for the quarter that ended in Dec. 2025 was 20.42%.


Qantas Airways  (FRA:QAN) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Qantas Airways EBITDA Margin % Related Terms


Qantas Airways EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Qantas Airways's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Qantas Airways EBITDA Margin % Chart

Qantas Airways Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.77 10.67 23.18 18.03 19.38

Qantas Airways Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.65 15.34 20.78 17.91 20.42

FRA:QAN vs DAL, UAL, LUV: EBITDA Margin % Comparison

For the Airlines subindustry, Qantas Airways's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Qantas Airways EBITDA Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Qantas Airways's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Qantas Airways's EBITDA Margin % falls into.


FRA:QAN
83GF Score
Qantas Airways Ltd FRA:QAN
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Qantas Airways EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Qantas Airways's EBITDA Margin % for the fiscal year that ended in Jun. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Jun. 2025 )/Revenue (A: Jun. 2025 )
=2560.359/13213.283
=19.38 %

Qantas Airways's EBITDA Margin % for the quarter that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=1473.079/7215.591
=20.42 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 20.42% mean?
Qantas Airways (FRA:QAN) has a EBITDA Margin % of 20.42% as of Dec. 2025. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Qantas Airways and its competitors. This is 13% above median its historical median of 18.00. According to the industry distribution chart, Qantas Airways ranks #388 out of 999 companies in the Transportation industry, placing it in the top 38.8%.
Is Qantas Airways' EBITDA Margin % too high?
Qantas Airways' current EBITDA Margin % of 20.42% is 13% above median its 10-year median of 18.00. The Transportation industry median EBITDA Margin % is 13.77. Qantas Airways' value of 20.42% is 48.3% above this industry median. Based on the distribution chart, Qantas Airways ranks #388 out of 999 companies in the Transportation industry, which is above the industry midpoint. Overall, Qantas Airways has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Qantas Airways' EBITDA Margin % compare to DAL and UAL?
According to the Transportation industry distribution chart, Qantas Airways ranks #388 out of 999 companies for EBITDA Margin %. This puts Qantas Airways in the upper half of its industry. The industry median EBITDA Margin % is 13.77. Qantas Airways' value of 20.42% is 48.3% above this benchmark. While the company's 10-year median is 18.00 vs. the industry median of 13.77, Qantas Airways has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Transportation company?
The median EBITDA Margin % among Transportation companies is 13.77, based on 999 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Qantas Airways's current EBITDA Margin % of 20.42% is 48.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Qantas Airways and its competitors. For the Transportation industry, the median EBITDA Margin % is 13.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qantas Airways's current EBITDA Margin % is 20.42%, which is 13% above median its own 10-year median of 18.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qantas Airways stock overvalued right now?
Based on GuruFocus' analysis, Qantas Airways (FRA:QAN) is currently considered Fairly Valued. The stock's GF Value™ is €6.71, compared to a current price of €6.48 — trading 3.5% below its estimated fair value. The current EBITDA Margin % is 20.42%, which is 13% above median its 10-year median of 18.00 and 48.3% above the Transportation industry median of 13.77. Qantas Airways' overall GF Score™ is 83/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Qantas Airways (FRA:QAN), the current EBITDA Margin % is 20.42% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Qantas Airways (FRA:QAN) Overvalued in 2026?

Based on GuruFocus' analysis, Qantas Airways stock appears to be undervalued. The current stock price of €6.48 is trading 3.5% below its estimated GF Value™ of €6.71. GuruFocus considers Qantas Airways to be Fairly Valued.

Key valuation signals for FRA:QAN:

  • EBITDA Margin %: 20.42% (13% above median its 10-year median of 18.00)
  • GF Value™: €6.71 vs. price of €6.48 (3.5% below fair value)
  • GF Score™: 83/100 with 6 warning signs
  • Industry Position: 48.3% above the Transportation median (#388 of 999)

No single metric tells the full story. See the FRA:QAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Qantas Airways Business Description

Address 10 Bourke Road, Mascot, Sydney, NSW, AUS, 2020
Qantas Airways is Australia's largest domestic airline with typically a two thirds market share, effectively competing in a duopoly with Virgin. The company operates a multibrand strategy, with low-cost carrier Jetstar complementing the full-service Qantas brand. Its frequent-flyer loyalty program continues to expand with new partnerships, which are integral to retaining customer loyalty for its core airline business.
83GF Score

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EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€6.48
Price
€6.71
GF Value