The thermophysical properties of carbon fiber‐based ultra‐high temperature ceramic matrix composites have been determined to aid designers who need these properties when considering using the composites in ultra‐high temperature aerospace applications. The coefficient of thermal expansion (CTE) and thermal diffusivity of the composites were measured parallel and perpendicular to the ply direction; the thermal conductivity was measured using the laser‐flash method and the heat capacity calculated from the relationship between the thermal diffusivity, density, and thermal conductivity. Both the CTE and thermal conductivity showed higher values across the ply and increased with increasing temperature as expected, whilst the thermal diffusivity showed higher values parallel to the ply and increased smoothly with temperature. In addition, two different but related oxyfuel torch tests, based on oxyacetylene and oxypropane, were used to evaluate the thermo‐ablation behavior of the composites. The tests showed how good the composites were at withstanding the ultra‐high temperatures, high heat fluxes, and gas velocities involved.