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Australian (ASX) Airlines Industry Analysis

UpdatedApr 01, 2026
DataAggregated Company Financials
Companies2
  • 7D0.4%
  • 3M-19.8%
  • 1Y-9.7%
  • YTD-20.6%

Over the last 7 days, the Airlines industry has remained flat, although notably Virgin Australia Holdings declined by 4.0%. As for the longer term, the industry has declined 9.7% in the last year. Looking forward, earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

Has the Australian Airlines Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 02 Apr 2026AU$12.5bAU$25.4bAU$1.5b7.7x8.2x0.5x
Sat, 28 Feb 2026AU$14.9bAU$25.4bAU$1.5b9.2x9.7x0.6x
Mon, 26 Jan 2026AU$15.5bAU$24.6bAU$1.7b6.4x9.3x0.6x
Wed, 24 Dec 2025AU$15.6bAU$24.6bAU$1.7b6.5x9.4x0.6x
Fri, 21 Nov 2025AU$14.5bAU$24.6bAU$1.7b6.2x8.7x0.6x
Sun, 19 Oct 2025AU$16.1bAU$24.6bAU$1.7b8.3x9.7x0.7x
Tue, 16 Sep 2025AU$17.1bAU$24.6bAU$1.7b8.4x10.3x0.7x
Thu, 14 Aug 2025AU$17.6bAU$23.6bAU$1.4b9.9x12.9x0.7x
Sat, 12 Jul 2025AU$16.4bAU$23.6bAU$1.4b9.5x12x0.7x
Mon, 09 Jun 2025AU$16.4bAU$23.6bAU$1.4b9.4x12x0.7x
Wed, 07 May 2025AU$14.1bAU$23.6bAU$1.4b8.6x10.3x0.6x
Fri, 04 Apr 2025AU$13.2bAU$23.6bAU$1.4b8.3x9.6x0.6x
Sun, 02 Mar 2025AU$14.5bAU$23.6bAU$1.4b8.9x10.6x0.6x
Tue, 28 Jan 2025AU$449.1mAU$646.1mAU$60.5m7.4x7.4x0.7x
Thu, 26 Dec 2024AU$463.0mAU$646.1mAU$60.5m7.7x7.7x0.7x
Sat, 23 Nov 2024AU$418.0mAU$646.1mAU$60.5m6.9x6.9x0.6x
Mon, 21 Oct 2024AU$530.6mAU$1.3bAU$88.1m5x6x0.4x
Wed, 18 Sep 2024AU$509.7mAU$1.3bAU$88.1m4.8x5.8x0.4x
Fri, 16 Aug 2024AU$546.7mAU$1.2bAU$83.8m5.5x6.5x0.4x
Sun, 14 Jul 2024AU$573.2mAU$1.2bAU$83.8m5.7x6.8x0.5x
Tue, 11 Jun 2024AU$562.5mAU$1.2bAU$83.8m5.7x6.7x0.5x
Thu, 09 May 2024AU$595.8mAU$1.2bAU$83.8m6.1x7.1x0.5x
Sat, 06 Apr 2024AU$557.2mAU$1.2bAU$83.8m5.8x6.6x0.5x
Mon, 04 Mar 2024AU$570.6mAU$1.2bAU$70.5m7.6x8.1x0.5x
Wed, 31 Jan 2024AU$633.1mAU$1.2bAU$50.8m10.8x12.5x0.5x
Fri, 29 Dec 2023AU$615.9mAU$1.2bAU$50.8m10.4x12.1x0.5x
Sun, 26 Nov 2023AU$564.2mAU$1.2bAU$50.8m9.8x11.1x0.5x
Tue, 24 Oct 2023AU$586.0mAU$1.2bAU$50.8m10.1x11.5x0.5x
Thu, 21 Sep 2023AU$631.9mAU$1.2bAU$50.8m11.1x12.4x0.5x
Sat, 19 Aug 2023AU$649.7mAU$1.1bAU$10.5m14.5x62x0.6x
Mon, 17 Jul 2023AU$668.9mAU$972.6m-AU$21,218,000.00115.5x-31.5x0.7x
Wed, 14 Jun 2023AU$576.2mAU$972.6m-AU$21,218,000.0091.5x-27.2x0.6x
Fri, 12 May 2023AU$635.7mAU$972.6m-AU$21,218,000.00103.7x-30x0.7x
Sun, 09 Apr 2023AU$728.4mAU$972.6m-AU$21,218,000.00120.9x-34.3x0.7x
Price to Earnings Ratio

-34.3x


Total Market Cap: AU$728.4mTotal Earnings: -AU$21,218,000.00Total Revenue: AU$972.6mTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Airlines Industry Price to Earnings3Y Average 5.4x202420252026
Current Industry PE
    There are only 2 companies in the Australian Airlines industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • Total earnings for the Airlines industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 197% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

Which industries have driven the changes within the Australian Industrials industry?

AU Market1.07%
Industrials0.96%
Airlines0.42%
Airlines0.42%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
No data available