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Flight Centre Travel Group Limited
(Sydney:FLT)
Flight Centre Travel Group Limited (FLT) vs. iShares MSCI Australia ETF (EWA)
Flight Centre Travel Group Limited Business Overview & Revenue Model
Flight Centre Travel Group Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.78B | 2.78B | 2.71B | 2.28B | 1.01B | 395.91M |
| Gross Profit | 1.13B | 2.62B | 2.56B | 2.18B | -25.53M | 393.58M |
| EBITDA | 391.57M | 415.88M | 461.37M | 301.43M | -202.71M | -444.10M |
| Net Income | 109.49M | 109.49M | 139.64M | 47.46M | -286.65M | -433.13M |
Balance Sheet | ||||||
| Total Assets | 4.11B | 4.11B | 4.21B | 4.53B | 3.86B | 3.36B |
| Cash, Cash Equivalents and Short-Term Investments | 835.14M | 835.14M | 1.17B | 1.35B | 1.23B | 1.36B |
| Total Debt | 884.11M | 884.11M | 988.15M | 1.36B | 1.32B | 1.28B |
| Total Liabilities | 2.89B | 2.89B | 3.01B | 3.40B | 3.09B | 2.41B |
| Stockholders Equity | 1.22B | 1.22B | 1.20B | 1.14B | 775.83M | 956.04M |
Cash Flow | ||||||
| Free Cash Flow | 106.49M | 36.50M | 325.88M | 64.14M | -141.75M | -948.03M |
| Operating Cash Flow | 140.83M | 139.16M | 421.48M | 156.17M | -101.37M | -910.68M |
| Investing Cash Flow | -98.78M | -97.11M | -75.70M | -240.46M | -83.90M | -33.73M |
| Financing Cash Flow | -422.50M | -422.50M | -489.00M | 134.11M | 92.93M | 355.88M |
Flight Centre Travel Group Limited Technical Analysis
Flight Centre Travel Group Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | AU$2.35B | 36.55 | ― | 1.37% | -4.98% | -42.11% | |
69 Neutral | $3.23B | 30.47 | 8.85% | 2.63% | 2.70% | -22.30% | |
66 Neutral | AU$304.45M | 10.28 | 9.92% | 7.57% | -14.10% | -5.99% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
60 Neutral | AU$2.13B | 12.85 | 10.29% | 3.56% | -48.80% | -35.88% | |
55 Neutral | AU$1.53B | 5,825.00 | 0.12% | ― | -8.73% | -99.88% | |
42 Neutral | AU$8.69M | -0.96 | ― | ― | -55.08% | 65.45% |
Flight Centre Travel Group Limited Corporate Events
Flight Centre Travel Group Limited has reported ongoing activity under its on-market share buy-back program, involving its ordinary fully paid shares listed on the ASX under code FLT. In the latest daily notification dated 15 January 2026, the company disclosed that it has repurchased a cumulative 9,666,544 shares prior to the previous trading day and bought back an additional 21,672 shares on the previous day, signalling continued execution of its capital management strategy through reducing its share count.
The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.86 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.
Flight Centre Travel Group Limited has cancelled 831,016 fully paid ordinary shares as part of an on‑market buy‑back completed on 13 January 2026. The reduction in issued capital through this buy‑back signals ongoing capital management efforts that may enhance earnings per share and potentially support shareholder value, while modestly tightening the company’s free float in the market.
The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.86 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.
Flight Centre Travel Group Limited has notified the market of the issue of 183,327 unquoted performance rights under its employee incentive scheme, with an issue date of 31 December 2025. These performance rights, which are subject to transfer restrictions and will not be quoted on the ASX until those restrictions lapse, underscore the company’s use of equity-based incentives to align employees with shareholder interests and support long‑term performance and retention objectives.
The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.86 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.
Flight Centre Travel Group Limited has notified the market that 30,640 performance rights (ASX code FLTAP) have lapsed as of 31 December 2025 because the conditions attached to those rights were not satisfied or became incapable of being satisfied. The cessation slightly reduces the company’s potential future share issuance under this incentive scheme and clarifies the current composition of its issued capital for investors and other stakeholders.
The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.86 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.
Flight Centre Travel Group Limited has notified the market of the issue of 63,174 fully paid ordinary shares following the exercise or conversion of previously unquoted securities, with an effective issue date of 31 December 2025. The move modestly increases the company’s share capital and reflects ongoing participation in equity-based incentive or financing arrangements, with implications for dilution that existing shareholders and prospective investors may factor into their assessment of the group’s capital structure and ownership base.
The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.86 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.
Flight Centre Travel Group Limited has issued an updated notification to the ASX confirming the ongoing execution of its on‑market share buy-back program for its ordinary fully paid shares. As at the date of the latest notice, the company has bought back a total of 9,597,982 shares prior to the previous trading day and a further 68,562 shares on the previous day, reflecting continued capital management activity that reduces the number of shares on issue and may enhance earnings per share and shareholder value over time.
The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.86 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.
Flight Centre Travel Group Limited has issued an updated notification to the ASX confirming the continuation of its on‑market share buy-back program for its ordinary fully paid shares. As of 12 January 2026, the company reported that a total of 9,596,634 shares had been repurchased prior to the previous trading day, with an additional 1,348 shares bought back on the prior day, indicating ongoing execution of capital management initiatives that may support earnings per share and signal confidence in the firm’s financial position to investors.
The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.86 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.
JPMorgan Chase & Co. and its affiliates have notified Flight Centre Travel Group Limited that they have ceased to be a substantial shareholder in the company as of 7 January 2026, following a series of transactions including securities lending and principal trading by various JPMorgan entities. The change in holding status, disclosed under Australian substantial shareholding rules, indicates that JPMorgan’s aggregate interest has fallen below the substantial holder threshold, potentially altering the company’s institutional investor base and marginally reshaping the ownership structure seen by market participants.
The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.86 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.
Flight Centre Travel Group Limited has provided an update on its ongoing on-market share buy-back program for its ordinary fully paid shares. As of 9 January 2026, the company reports that it has repurchased a cumulative total of 9,576,296 shares prior to the previous trading day, with an additional 20,338 shares bought back on the previous day, signalling continued active capital management and potential efforts to enhance shareholder value by reducing the number of shares on issue.
The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.86 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.
Flight Centre Travel Group Limited has released an updated notification to the ASX confirming the ongoing execution of its on-market share buy-back program for its ordinary fully paid shares. As of 8 January 2026, the company reported that a total of 9,574,521 shares had been repurchased prior to the previous trading day, with an additional 1,775 shares bought back on the previous day, indicating the continued, incremental reduction of its share count under the buy-back initiative, which can support capital management objectives and potentially enhance shareholder value.
The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.86 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.
Flight Centre Travel Group Limited has provided a daily update on its on‑market share buy‑back program for its ordinary fully paid shares, reporting that it has repurchased a total of 9,370,829 shares prior to the latest trading day and a further 203,692 shares on the previous day. The continued execution of this buy‑back, first notified in April 2025 and now updated as of 7 January 2026, signals an active capital management strategy that may support earnings per share and shareholder value, while potentially consolidating the company’s ownership structure and reflecting management’s confidence in the business outlook.
The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.86 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.
Flight Centre Travel Group Limited has provided an updated daily notification to the ASX on its ongoing on-market share buy-back program for its ordinary fully paid shares. As of 6 January 2026, the company reports that a total of 9,201,131 shares had been repurchased prior to the previous trading day, with an additional 169,698 shares bought back on that previous day, signalling continued execution of its capital management strategy and potential implications for share supply, earnings per share, and shareholder value.
The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.86 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.
Flight Centre Travel Group Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program for its ordinary fully paid shares (FLT). As of 5 January 2026, the company reported that it had repurchased a cumulative total of 9,192,336 shares prior to the previous trading day, and a further 8,795 shares on the previous day, as part of the buy-back that was initially notified in April 2025 and is being reported via daily updates, signaling continued capital management activity that may support earnings per share and shareholder value.
The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.86 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.
Flight Centre Travel Group Limited has provided an update on its on-market share buy-back program for its ordinary fully paid shares, reporting that a total of 9,178,520 securities had been repurchased before the previous trading day, with an additional 13,816 shares bought back on the previous day. The ongoing daily buy-back notifications, first initiated in April 2025 and most recently updated on 2 January 2026, indicate the company’s continued use of capital management through share repurchases, which may support earnings per share and signal management’s confidence in the business to investors.
The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.86 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.
Flight Centre Travel Group Limited has provided an update on its on-market share buy-back program for its ordinary fully paid shares, reporting that it has repurchased a total of 9,027,845 shares to date, including 50,335 shares bought back on the previous trading day. The continued execution of the buy-back, first notified in April 2025 and now updated with the latest daily activity, underscores the company’s ongoing capital management strategy, which may support earnings per share and signal management’s confidence in the business to investors.
The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.86 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.
Flight Centre Travel Group Limited has provided an update on its ongoing on-market share buy-back program, confirming that it repurchased a further 23,066 ordinary fully paid shares on 23 December 2025. This brings the total number of shares bought back under the current program to 9,004,779, signalling continued capital management activity that may support earnings per share and reflects management’s confidence in the company’s valuation and long-term outlook.
The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.86 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.
Flight Centre Travel Group Limited has provided a daily update on its on-market share buy-back program for its ordinary fully paid shares (ASX: FLT), confirming that a total of 8,949,576 shares had been repurchased prior to the latest reporting day, with an additional 55,203 shares bought back on the previous day. The ongoing buy-back, first notified in April 2025 and now updated to 23 December 2025, signals the company’s continued capital management efforts, potentially supporting earnings per share and indicating management’s confidence in the company’s valuation, which may be viewed positively by shareholders and the market.
The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.86 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.
Flight Centre Travel Group Limited has cancelled 223,405 ordinary fully paid shares following an on‑market buy-back completed on 17 December 2025, formalised in an Appendix 3H notification of cessation of securities lodged with the ASX on 22 December 2025. The reduction in shares on issue marginally enhances remaining shareholders’ proportional ownership and reflects the company’s ongoing capital management initiatives aimed at optimising its balance sheet and shareholder returns.
The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.86 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.
Flight Centre Travel Group Limited has provided an update on its on-market share buy-back, confirming that a total of 8,912,856 ordinary fully paid shares had been repurchased before the previous trading day, with a further 36,720 shares bought back on the prior day. The ongoing daily notifications underline the company’s active capital management program, which reduces the number of shares on issue and may enhance earnings per share and shareholder value over time.
The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.86 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.
Flight Centre Travel Group Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program for its ordinary fully paid shares. As at 19 December 2025, the company reported that a total of 8,835,528 shares had been repurchased prior to the previous trading day, with a further 77,328 shares bought back on the previous day, underscoring the continued execution of its capital management strategy and potential implications for shareholder value and earnings per share through a reduced share count.
The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.86 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.
JPMorgan Chase & Co. and its affiliates have notified Flight Centre Travel Group Limited that they have ceased to be a substantial holder in the company as of 16 December 2025. The change reflects a series of securities lending, collateral and proprietary trading transactions across several JPMorgan entities, resulting in their aggregate holding falling below the substantial shareholder threshold, which may signal a reduced level of institutional influence from JPMorgan over Flight Centre’s share register and potentially alter the company’s institutional ownership profile.
The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.86 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.
Flight Centre Travel Group Limited has provided an update regarding its ongoing on-market share buy-back program. As part of this initiative, the company repurchased 2,779 fully paid ordinary shares on the previous day, bringing the total number of shares bought back under the program to 8,832,749. This buy-back reflects the company’s efforts to manage its capital structure effectively, potentially delivering value to its shareholders and strengthening its position in the market.
The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.86 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.
Flight Centre Travel Group Limited has announced an update on its ongoing on-market buy-back program, with a total of 8,767,822 securities bought back before the previous day and an additional 64,927 securities bought back on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.86 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.
Flight Centre Travel Group Limited has announced an update regarding its ongoing on-market buy-back program. As of December 16, 2025, the company has repurchased a total of 8,767,822 ordinary fully paid securities, including 4,134 securities bought back on the previous day. This buy-back initiative is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.00 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.
Flight Centre Travel Group Limited has announced an update regarding its ongoing buy-back program, indicating a total of 151,565 ordinary fully paid securities were bought back on the previous day. This initiative is part of a broader strategy to manage the company’s capital structure and potentially enhance shareholder value, reflecting the company’s proactive approach in optimizing its financial operations.
The most recent analyst rating on (AU:FLT) stock is a Buy with a A$16.00 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.
Flight Centre Travel Group Limited (FLT) has announced its acquisition of Iglu, a leading UK online cruise agency, to accelerate its growth in the high-margin cruise sector. This strategic move is expected to significantly expand FLT’s cruise footprint, enhance its digital and omni-channel capabilities, and provide immediate shareholder value through earnings per share accretion. The acquisition, valued at GBP122 million, is set to increase FLT’s cruise-related total transaction value to over $2 billion annually by FY26, two years ahead of schedule. It also positions FLT to leverage Iglu’s advanced technology platform for global expansion, particularly into the US market, and to capitalize on the growing demand in the cruise industry.
The most recent analyst rating on (AU:FLT) stock is a Buy with a A$18.00 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.
Citigroup Global Markets Australia Pty Limited has ceased to be a substantial holder in Flight Centre Travel Group Ltd as of November 26, 2025. This change in holding reflects a decrease in relevant interest by Citibank, N.A. Sydney Branch and Citigroup Global Markets Limited, while Citigroup Global Markets Australia Pty Limited saw a minor increase in its relevant interest. This shift in shareholding could impact the company’s market perception and stakeholder dynamics.
The most recent analyst rating on (AU:FLT) stock is a Buy with a A$15.40 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.
JPMorgan Chase & Co. and its affiliates have ceased to be substantial holders in Flight Centre Travel Group Limited, a company involved in the travel industry. This change in substantial holding involves various transactions and securities lending activities conducted by JPMorgan entities, impacting the voting securities of the company.
The most recent analyst rating on (AU:FLT) stock is a Buy with a A$15.40 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.
Flight Centre Travel Group Limited, a prominent player in the travel industry, has announced that JPMorgan Chase & Co. and its affiliates have ceased to be substantial holders in the company as of November 20, 2025. This change in holdings could impact the company’s stock market dynamics and influence investor perceptions, as JPMorgan’s involvement in the company has been significant. The cessation of substantial holding by such a major financial entity may lead to shifts in stakeholder confidence and market strategies.
The most recent analyst rating on (AU:FLT) stock is a Buy with a A$15.40 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.
Flight Centre Travel Group Limited has addressed media speculation regarding a potential acquisition in the United Kingdom. The company clarified that while it routinely evaluates strategic mergers and acquisitions, no agreements have been finalized, and any discussions remain ongoing, incomplete, and confidential.
The most recent analyst rating on (AU:FLT) stock is a Buy with a A$15.40 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.
Flight Centre Travel Group Limited’s Annual General Meeting results indicate strong shareholder support for all resolutions, including the re-election of directors and approval of remuneration reports. The outcomes reflect confidence in the company’s strategic direction and governance, potentially impacting its market positioning positively.
The most recent analyst rating on (AU:FLT) stock is a Buy with a A$15.20 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.
Citigroup Global Markets Australia Pty Limited has ceased to be a substantial holder in Flight Centre Travel Group Limited as of October 24, 2025. This change reflects a decrease in Citigroup’s relevant interest in the company’s shares due to securities lending agreements and standard stock market transactions, potentially impacting the company’s shareholder structure and market perception.
The most recent analyst rating on (AU:FLT) stock is a Hold with a A$13.00 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.
Flight Centre Travel Group Limited has sold its Asia-based hotel management business, Cross Hotels and Resorts, to South Korea’s Sono International Co. Ltd. This strategic move allows Flight Centre to concentrate on other growth opportunities within its Horizon Three business, such as relaunching Topdeck as a small group tour operator and expanding Discova’s community development projects in Asia.
The most recent analyst rating on (AU:FLT) stock is a Hold with a A$13.00 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.
Citigroup Global Markets Australia Pty Limited and its related entities have ceased to be substantial holders in Flight Centre Travel Group Ltd as of October 22, 2025. This change in holding reflects a decrease in Citigroup’s interest in Flight Centre’s shares, which may impact the company’s shareholder composition and influence in the market.
The most recent analyst rating on (AU:FLT) stock is a Hold with a A$12.50 price target. To see the full list of analyst forecasts on Flight Centre Travel Group Limited stock, see the AU:FLT Stock Forecast page.