GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Qantas Airways Ltd (ASX:QAN) » Definitions » Pretax Margin %

Qantas Airways (ASX:QAN) Pretax Margin % : 11.36% (As of Dec. 2023)


View and export this data going back to 1995. Start your Free Trial

What is Qantas Airways Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Qantas Airways's Pre-Tax Income for the six months ended in Dec. 2023 was A$1,245 Mil. Qantas Airways's Revenue for the six months ended in Dec. 2023 was A$10,958 Mil. Therefore, Qantas Airways's pretax margin for the quarter that ended in Dec. 2023 was 11.36%.

The historical rank and industry rank for Qantas Airways's Pretax Margin % or its related term are showing as below:

ASX:QAN' s Pretax Margin % Range Over the Past 10 Years
Min: -41.09   Med: 6.14   Max: 12.66
Current: 11.02


ASX:QAN's Pretax Margin % is ranked better than
62.68% of 970 companies
in the Transportation industry
Industry Median: 7.02 vs ASX:QAN: 11.02

Qantas Airways Pretax Margin % Historical Data

The historical data trend for Qantas Airways's Pretax 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.

* Premium members only.

Qantas Airways Pretax Margin % Chart

Qantas Airways Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.19 -19.27 -41.09 -13.69 12.66

Qantas Airways Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Pretax 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 -22.15 -9.66 14.68 10.64 11.36

Competitive Comparison of Qantas Airways's Pretax Margin %

For the Airlines subindustry, Qantas Airways's Pretax Margin %, along with its competitors' market caps and Pretax 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's Pretax Margin % Distribution in the Transportation Industry

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

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



Qantas Airways Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Qantas Airways's Pretax Margin for the fiscal year that ended in Jun. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=2472/19521
=12.66 %

Qantas Airways's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=1245/10958
=11.36 %

* 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  (ASX:QAN) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Qantas Airways Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Qantas Airways's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Qantas Airways (ASX:QAN) Business Description

Traded in Other Exchanges
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.

Qantas Airways (ASX:QAN) Headlines

No Headlines