Qantas Airways Future Growth

Future criteria checks 2/6

Qantas Airways is forecast to grow earnings and revenue by 9.8% and 4.1% per annum respectively. EPS is expected to grow by 12% per annum. Return on equity is forecast to be 61.2% in 3 years.

Key information

9.8%

Earnings growth rate

12.0%

EPS growth rate

Airlines earnings growth	17.1%
Revenue growth rate	4.1%
Future return on equity	61.2%
Analyst coverage	Good
Last updated	30 Oct 2024

Recent future growth updates

Earnings Miss: Qantas Airways Limited Missed EPS By 13% And Analysts Are Revising Their Forecasts

Aug 30

Here's What Analysts Are Forecasting For Qantas Airways Limited (ASX:QAN) After Its Half-Yearly Results

Feb 23

Recent updates

Qantas Airways (ASX:QAN) Knows How To Allocate Capital Effectively

Oct 19

Qantas Airways (ASX:QAN) Takes On Some Risk With Its Use Of Debt

Oct 01

Qantas Airways' (ASX:QAN) Shareholders Have More To Worry About Than Only Soft Earnings

Sep 04

Earnings Miss: Qantas Airways Limited Missed EPS By 13% And Analysts Are Revising Their Forecasts

Aug 30

Here's What Analysts Are Forecasting For Qantas Airways Limited (ASX:QAN) After Its Half-Yearly Results

Feb 23

Is Now The Time To Look At Buying Qantas Airways Limited (ASX:QAN)?

Feb 14

Qantas Airways (ASX:QAN) Is Investing Its Capital With Increasing Efficiency

Jan 18

Investor Optimism Abounds Qantas Airways Limited (ASX:QAN) But Growth Is Lacking

Dec 28

Is There An Opportunity With Qantas Airways Limited's (ASX:QAN) 49% Undervaluation?

Dec 10

Why Qantas Airways Limited (ASX:QAN) Could Be Worth Watching

Nov 01

These 4 Measures Indicate That Qantas Airways (ASX:QAN) Is Using Debt Extensively

Oct 08

Qantas Airways (ASX:QAN) Knows How To Allocate Capital Effectively

Sep 16

What Is Qantas Airways Limited's (ASX:QAN) Share Price Doing?

Jul 25

We Think Qantas Airways (ASX:QAN) Is Taking Some Risk With Its Debt

Jun 28

Qantas Airways (ASX:QAN) Hasn't Managed To Accelerate Its Returns

Jun 07

What Is Qantas Airways Limited's (ASX:QAN) Share Price Doing?

Apr 18

Does Qantas Airways (ASX:QAN) Have A Healthy Balance Sheet?

Mar 23

Qantas Airways Limited's (ASX:QAN) Intrinsic Value Is Potentially 92% Above Its Share Price

Jan 05

Should You Investigate Qantas Airways Limited (ASX:QAN) At AU$5.02?

Oct 01

Qantas Airways Limited (ASX:QAN) Shares Could Be 34% Below Their Intrinsic Value Estimate

Jun 09

Qantas Airways (ASX:QAN) Has Debt But No Earnings; Should You Worry?

Mar 21

Is There Now An Opportunity In Qantas Airways Limited (ASX:QAN)?

Jan 26

Is Qantas Airways (ASX:QAN) A Risky Investment?

Nov 04

Are Investors Undervaluing Qantas Airways Limited (ASX:QAN) By 31%?

May 15

Does Qantas Airways (ASX:QAN) Have A Healthy Balance Sheet?

Apr 19

Announcing: Qantas Airways (ASX:QAN) Stock Increased An Energizing 127% In The Last Year

Mar 19

Is Now An Opportune Moment To Examine Qantas Airways Limited (ASX:QAN)?

Feb 14

Earnings and Revenue Growth Forecasts

ASX:QAN - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2027	25,020	1,823	741	4,320	13
6/30/2026	24,214	1,731	337	4,220	15
6/30/2025	23,380	1,626	343	3,881	15
6/30/2024	21,939	1,255	680	3,441	N/A
3/31/2024	21,486	1,436	490	3,528	N/A
12/31/2023	21,033	1,616	300	3,615	N/A
9/30/2023	20,424	1,681	1,396	4,350	N/A
6/30/2023	19,815	1,746	2,491	5,085	N/A
3/31/2023	17,879	1,173	3,247	5,215	N/A
12/31/2022	15,943	599	4,002	5,344	N/A
9/30/2022	12,526	-130	2,876	4,007	N/A
6/30/2022	9,108	-860	1,749	2,670	N/A
3/31/2022	7,893	-972	N/A	N/A	N/A
12/31/2021	6,678	-1,085	112	612	N/A
9/30/2021	6,306	-1,388	-521	113	N/A
6/30/2021	5,934	-1,692	-1,154	-386	N/A
3/31/2021	6,529	-2,582	N/A	N/A	N/A
12/31/2020	7,123	-3,472	-2,139	-1,253	N/A
9/30/2020	10,690	-2,718	-1,326	-85	N/A
6/30/2020	14,257	-1,964	-514	1,083	N/A
3/31/2020	16,241	-571	315	2,144	N/A
12/31/2019	18,224	822	1,143	3,204	N/A
9/30/2019	18,095	831	1,161	3,184	N/A
6/30/2019	17,966	840	1,178	3,164	N/A
3/31/2019	17,801	831	1,038	3,139	N/A
12/31/2018	17,635	821	898	3,114	N/A
9/30/2018	17,382	887	1,154	3,264	N/A
6/30/2018	17,128	953	1,410	3,413	N/A
3/31/2018	16,850	943	N/A	3,339	N/A
12/31/2017	16,572	932	N/A	3,265	N/A
9/30/2017	16,315	892	N/A	2,985	N/A
6/30/2017	16,057	852	N/A	2,704	N/A
3/31/2017	15,989	854	N/A	2,662	N/A
12/31/2016	15,921	856	N/A	2,619	N/A
9/30/2016	16,061	943	N/A	2,719	N/A
6/30/2016	16,200	1,029	N/A	2,819	N/A
3/31/2016	16,211	1,036	N/A	2,769	N/A
12/31/2015	16,221	1,042	N/A	2,718	N/A
9/30/2015	16,019	800	N/A	2,383	N/A
6/30/2015	15,816	557	N/A	2,048	N/A
3/31/2015	15,662	-924	N/A	1,620	N/A
12/31/2014	15,508	-2,405	N/A	1,191	N/A
9/30/2014	15,431	-2,624	N/A	1,130	N/A
6/30/2014	15,353	-2,843	N/A	1,069	N/A
3/31/2014	15,396	-1,593	N/A	1,144	N/A
12/31/2013	15,438	-343	N/A	1,218	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: QAN's forecast earnings growth (9.8% per year) is above the savings rate (2.4%).

Earnings vs Market: QAN's earnings (9.8% per year) are forecast to grow slower than the Australian market (12.3% per year).

High Growth Earnings: QAN's earnings are forecast to grow, but not significantly.

Revenue vs Market: QAN's revenue (4.1% per year) is forecast to grow slower than the Australian market (5.6% per year).

High Growth Revenue: QAN's revenue (4.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: QAN's Return on Equity is forecast to be very high in 3 years time (61.2%).

Qantas Airways Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Price target increased by 8.3% to AU$8.23

Earnings Miss: Qantas Airways Limited Missed EPS By 13% And Analysts Are Revising Their Forecasts

Here's What Analysts Are Forecasting For Qantas Airways Limited (ASX:QAN) After Its Half-Yearly Results

Price target decreased by 7.1% to AU$7.61

Consensus EPS estimates fall by 10%

Consensus EPS estimates increase by 10%

Recent updates

Price target increased by 8.3% to AU$8.23

Qantas Airways (ASX:QAN) Knows How To Allocate Capital Effectively

Qantas Airways (ASX:QAN) Takes On Some Risk With Its Use Of Debt

Now 21% undervalued

Independent Non-Executive Director recently bought AU$512k worth of stock

Qantas Airways Limited to Report Fiscal Year 2025 Results on Aug 28, 2025

Qantas Airways' (ASX:QAN) Shareholders Have More To Worry About Than Only Soft Earnings

Earnings Miss: Qantas Airways Limited Missed EPS By 13% And Analysts Are Revising Their Forecasts

New minor risk - Profit margin trend

Full year 2024 earnings: EPS misses analyst expectations

Qantas Airways Limited (ASX:QAN) announces an Equity Buyback for AUD 400 million worth of its shares.

Is Now The Time To Put Qantas Airways (ASX:QAN) On Your Watchlist?

Why Qantas Airways Limited (ASX:QAN) Could Be Worth Watching

Qantas Airways Limited (ASX:QAN) agreed to acquire remaining 49% stake in Tripadeal Pty Ltd for approximately AUD 210 million.

Earnings Working Against Qantas Airways Limited's (ASX:QAN) Share Price

Investors Should Be Encouraged By Qantas Airways' (ASX:QAN) Returns On Capital

High number of new directors

Here's Why We Think Qantas Airways (ASX:QAN) Is Well Worth Watching

Is Qantas Airways (ASX:QAN) Using Too Much Debt?

First half 2024 earnings: EPS exceeds analyst expectations

Here's What Analysts Are Forecasting For Qantas Airways Limited (ASX:QAN) After Its Half-Yearly Results

New major risk - Earnings quality

Is Now The Time To Look At Buying Qantas Airways Limited (ASX:QAN)?

Now 22% overvalued after recent price rise

Qantas Airways (ASX:QAN) Is Investing Its Capital With Increasing Efficiency

Investor Optimism Abounds Qantas Airways Limited (ASX:QAN) But Growth Is Lacking

Is There An Opportunity With Qantas Airways Limited's (ASX:QAN) 49% Undervaluation?

Why Qantas Airways Limited (ASX:QAN) Could Be Worth Watching

The Qantas Group Announces Executive Changes

Independent Non-Executive Director recently bought AU$497k worth of stock

Qantas Announces Board Retirements

These 4 Measures Indicate That Qantas Airways (ASX:QAN) Is Using Debt Extensively

Price target decreased by 7.1% to AU$7.61

Qantas Airways Limited Announces Resignation of Richard Goyder as Chairman

Consensus EPS estimates fall by 10%

Qantas Airways Limited, Annual General Meeting, Oct 25, 2024

Qantas Airways (ASX:QAN) Knows How To Allocate Capital Effectively

Australia's Highest Court Finds Qantas Illegally Fired 1,700 Ground Staff

Australia's Highest Court Finds Qantas Illegally Fired 1,700 Ground Staff

Qantas Reportedly Grounded for Deals Like Ticketek as Funds Focus on Rebuilding Trust

Qantas Group Announces Executive Changes

Qantas Airways Limited (ASX:QAN) announces an Equity Buyback for AUD 500 million worth of its shares.

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

What Is Qantas Airways Limited's (ASX:QAN) Share Price Doing?

We Think Qantas Airways (ASX:QAN) Is Taking Some Risk With Its Debt

Qantas Airways Limited Announces Chief Financial Officer Changes

Qantas Airways (ASX:QAN) Hasn't Managed To Accelerate Its Returns

CEO, MD & Executive Director recently sold AU$17m worth of stock

Qantas Airways Limited Announces Board Changes

Qantas Airways Limited Announces CEO Changes

What Is Qantas Airways Limited's (ASX:QAN) Share Price Doing?

Does Qantas Airways (ASX:QAN) Have A Healthy Balance Sheet?

Consensus EPS estimates increase by 10%

First half 2023 earnings released: EPS: AU$0.54 (vs AU$0.24 loss in 1H 2022)

Qantas Airways Limited's (ASX:QAN) Intrinsic Value Is Potentially 92% Above Its Share Price

Insufficient new directors

Price target increased to AU$7.01

Now 20% undervalued

Should You Investigate Qantas Airways Limited (ASX:QAN) At AU$5.02?

Qantas Airways Limited, Annual General Meeting, Nov 03, 2023

Now 20% undervalued after recent price drop

Full year 2022 earnings: EPS in line with analyst expectations despite revenue beat

Qantas Airways Limited (ASX:QAN) announces an Equity Buyback for AUD 400 million worth of its shares.

Qantas Airways Limited Provides Production Guidance for the First Quarter, Second Quarter and First Half of Fiscal Year 2023

Qantas Airways Limited (ASX:QAN) Shares Could Be 34% Below Their Intrinsic Value Estimate

Consensus forecasts updated

Qantas Airways Limited (ASX:QAN) acquired a 51% stake in Tripadeal Pty Ltd.

Qantas Airways Limited (ASX:QAN) agreed to acquire a 51% stake in Tripadeal Pty Ltd.

Qantas Airways Limited (ASX:QAN) entered into a scheme implementation deed to acquire remaining 80% stake in Alliance Aviation Services Limited (ASX:AQZ) for approximately AUD 610 million.