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Last updated: April 2026

FLT FINANCIAL STATEMENTS

Flight Centre Travel Group Ltd — balance sheet, income statement and cash flow trends

FLTFlight Centre Travel Group Ltd

🇦🇺 Australia · AU · Consumer Cyclical · Travel Services

Value itDuel
PriceFinancialsPeers

Income Statement

Quarterly progression — trailing-twelve-month values
RevenueNet Income
02 B202020212022202320242025

Profit Funnel

Q2 2025 · TTM
Revenue2.9 B A$Gross Profit1.1 B A$ · 38%Operating Income220.8 M A$ · 8%Pre-tax Income211 M A$ · 7%Net Income109.5 M A$ · 4%

Percentages are relative to revenue.

Key Figures

YoY change
Revenue2.9 B A$+11.6%
Gross Profit1.1 B A$+9.0%
Operating Income220.8 M A$+7.2%
EBITDA398.3 M A$+2.6%
Net Income109.5 M A$-28.8%

Peer Comparison· Travel Services

CompanyRev. GrowthGross MarginEBITDA MarginNet Margin
FLT4.2%37.9%13.9%3.8%
TRIP2.0%76.6%11.9%1.0%
LIND19.2%35.9%11.7%-3.1%
GBTG20.7%59.0%12.7%2.9%
TNL4.3%43.2%17.3%5.9%
TCKRC———39.7%
Industry median5.2%43.3%18.4%5.8%
CompanyRev. GrowthGross MarginEBITDA MarginNet Margin
FLT4.2%37.9%13.9%3.8%
CTD-4.3%48.3%18.4%9.2%
Industry median5.2%43.3%18.4%5.8%

Balance Sheet

Quarterly period-end values
Total AssetsTotal LiabilitiesEquity
02 B4 B202020212022202320242025

Capital Structure

Q2 2025
Total Assets4.7 B
  • Equity1.2 B A$25%
  • Current Liabilities2.2 B A$48%
  • Long-term Liabilities1.2 B A$27%

Key Figures

YoY change
Total Assets4.7 B A$+20.2%
Total Liabilities3.5 B A$+28.2%
Total Equity1.2 B A$+1.8%
Cash & ST Investments733.9 M A$-15.2%
Total Debt1.5 B A$+55.5%
Net Debt811.6 M A$+411.6%

Peer Comparison· Travel Services

CompanyCurrent RatioDebt/EquityNetDebt/EBITDAEquity/Assets
FLT1.07130.6%2.0425.4%
TRIP1.25199.8%0.5622.9%
LIND0.81-349.6%3.68-19.3%
GBTG1.1899.8%3.1131.7%
TNL1.15-562.5%7.85-15.0%
TCKRC14.2618.1%0.4573.0%
Industry median1.1643.0%1.3026.9%
CompanyCurrent RatioDebt/EquityNetDebt/EBITDAEquity/Assets
FLT1.07130.6%2.0425.4%
CTD1.422.9%-0.3176.6%
Industry median1.1643.0%1.3026.9%

Cash Flow Statement

Quarterly progression — trailing-twelve-month values
Operating Cash FlowCapital ExpendituresFree Cash Flow
-1 B-500 M0202020212022202320242025

Cash Flow Bridge

Q2 2025 · TTM
0100 M200 M245.9 M A$Operating-236.5 M A$Investing41.5 M A$Financing51 M A$Net Change

Key Figures

YoY change
Operating Cash Flow245.9 M A$-4.9%
Capital Expenditures35.4 M A$-66.8%
Free Cash Flow210.5 M A$+38.7%
Dividends Paid-87.2 M A$-196.1%

Peer Comparison· Travel Services

CompanyCF MarginFCF MarginCapEx RatioCF/Net Income
FLT8.6%7.3%1.2%224.6%
TRIP13.9%9.7%4.2%1,402.2%
LIND15.6%10.4%5.2%-509.9%
GBTG5.6%0.9%4.7%191.9%
TNL22.5%18.2%4.3%384.0%
TCKRC23.5%-9.5%33.0%59.2%
Industry median22.3%9.3%4.5%151.1%
CompanyCF MarginFCF MarginCapEx RatioCF/Net Income
FLT8.6%7.3%1.2%224.6%
CTD13.9%16.1%2.2%150.3%
Industry median22.3%9.3%4.5%151.1%

Amounts are in the company’s reporting currency. Peer comparison tables use ratio-based metrics so currency differences do not distort the picture.

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Data on this page refreshes once per day. Price data as of Jul 6, 26. This content is for informational purposes only and is not investment advice.