Qantas AirwaysFRA:QAN -0.49%83 Dividend Payout Ratio is 0.27 as of Dec. 2025, which is 4% below its 10-year median of 0.28. GuruFocus rates FRA:QAN with a GF Score™ of 83/100 and a GF Value™ of €6.73 (Fairly Valued). The stock has 4 warning signs investors should review. Among 562 Transportation companies, Qantas Airways ranks better than 67.97% on this metric.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Qantas Airways's Dividend Payout Ratio for the
months ended in Dec. 2025 was 0.27.
The historical rank and industry rank for Qantas Airways's Dividend Payout Ratio or its related term are showing as below:
FRA:QAN'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.16 Med: 0.28 Max: 0.44
Current: 0.31
During the past 13 years, the highest Dividend Payout Ratio of Qantas Airways was 0.44. The lowest was 0.16. And the median was 0.28.
FRA:QAN's Dividend Payout Ratio is ranked better than 67.97% of 562
companies
in the Transportation industry
Industry Median: 0.45
vs FRA:QAN: 0.31
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Qantas Airways was 20.20% per year. The lowest was -7.90% per year. And the median was 6.40% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Qantas Airways (FRA:QAN) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Qantas Airways Dividend Payout Ratio Related Terms
Qantas Airways Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Qantas Airways's Dividend Payout Ratio 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.
FRA:QAN vs DAL, UAL, LUV: Dividend Payout Ratio Comparison
For the Airlines subindustry, Qantas Airways's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Qantas Airways's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Qantas Airways's Dividend Payout Ratio falls into.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
Qantas Airways's Dividend Payout Ratio for the fiscal year that ended in Jun. 2025 is calculated as
* 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 (FRA:QAN) has a Dividend Payout Ratio of 0.27 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Qantas Airways and its competitors. This is near median its historical median of 0.28. Over the past decade, Qantas Airways' Dividend Payout Ratio has ranged from 0.16 to 0.44. According to the industry distribution chart, Qantas Airways ranks #180 out of 562 companies in the Transportation industry, placing it in the top 32%.
Is Qantas Airways' Dividend Payout Ratio too high?
Qantas Airways' current Dividend Payout Ratio of 0.27 is near median its 10-year median of 0.28. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.44. The Transportation industry median Dividend Payout Ratio is 0.45. Qantas Airways' value of 0.27 is 40% below this industry median. Based on the distribution chart, Qantas Airways ranks #180 out of 562 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' Dividend Payout Ratio compare to DAL and UAL?
According to the Transportation industry distribution chart, Qantas Airways ranks #180 out of 562 companies for Dividend Payout Ratio. This puts Qantas Airways in the upper half of its industry. The industry median Dividend Payout Ratio is 0.45. Qantas Airways' value of 0.27 is 40% below this benchmark. Historically, Qantas Airways' own Dividend Payout Ratio has ranged from 0.16 to 0.44 over the past decade. While the company's 10-year median is 0.28 vs. the industry median of 0.45, Qantas Airways has consistently been below 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 Dividend Payout Ratio for a Transportation company?
The median Dividend Payout Ratio among Transportation companies is 0.45, based on 562 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Qantas Airways's current Dividend Payout Ratio of 0.27 is 40% below 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Qantas Airways and its competitors. For the Transportation industry, the median Dividend Payout Ratio is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qantas Airways's current Dividend Payout Ratio is 0.27, which is near median its own 10-year median of 0.28. 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 €6.73, compared to a current price of €6.32 — trading 6.1% below its estimated fair value. The current Dividend Payout Ratio is 0.27, which is near median its 10-year median of 0.28 and 40% below the Transportation industry median of 0.45. Qantas Airways' overall GF Score™ is 83/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Qantas Airways (FRA:QAN), the current Dividend Payout Ratio is 0.27 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 €6.32 is trading 6.1% below its estimated GF Value™ of €6.73.
GuruFocus considers Qantas Airways to be Fairly Valued.
Key valuation signals for FRA:QAN:
Dividend Payout Ratio: 0.27 (near median its 10-year median of 0.28)
GF Value™: €6.73 vs. price of €6.32 (6.1% below fair value)
Industry Position: 40% below the Transportation median (#180 of 562)
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 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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Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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