Air Canada (TSX:AC)
Canada · Delayed Price · Currency is CAD 27.64
-0.42 (-1.50%)
Sep 2, 2026, 12:50 PM EST
Air Canada Financials Overview
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 23,595 | 22,372 | 22,255 | 21,833 | 16,556 | 6,400 |
Revenue Growth | 5.63% | 0.53% | 1.93% | 31.87% | 158.69% | 9.72% |
Gross Profit Gross Profit Growth | 6,432 | 6,630 | 6,627 | 7,323 | 3,995 | 4 |
Operating Income Operating Income Growth | 534 | 942 | 1,305 | 2,304 | -159 | -2,844 |
Net Income Net Income Growth | 430 | 644 | 1,720 | 2,276 | -1,700 | -3,602 |
Earnings Per Share EPS Growth | 1.47 | 1.87 | 4.72 | 5.97 | -4.75 | -10.26 |
EPS Growth | -64.25% | -60.50% | -20.82% | - | - | - |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Canada Passenger Canada Passenger Growth | 5,495 | 5,273 | 5,255 | 5,106 | 4,424 | 2,050 |
US Transborder Passenger US Transborder Passenger Growth | 3,924 | 3,831 | 4,275 | 4,123 | 3,017 | 770 |
Atlantic Passenger Atlantic Passenger Growth | 6,291 | 5,979 | 5,754 | 6,049 | 4,381 | 1,100 |
Pacific Passenger Pacific Passenger Growth | 2,867 | 2,703 | 2,792 | 2,380 | 1,118 | 245 |
Other Passenger Other Passenger Growth | 2,033 | 1,818 | 1,684 | 1,745 | 1,298 | 333 |
Canada Cargo Canada Cargo Growth | 160 | 126 | 106 | 94 | 114 | 124 |
US Transborder Cargo US Transborder Cargo Growth | 50 | 53 | 58 | 45 | 51 | 62 |
Atlantic Cargo Atlantic Cargo Growth | 382 | 366 | 375 | 432 | 556 | 538 |
Pacific Cargo Pacific Cargo Growth | 347 | 322 | 311 | 222 | 409 | 667 |
Other Cargo Other Cargo Growth | 175 | 166 | 141 | 131 | 136 | 104 |
Revenue (Total) Revenue (Total) Growth | 23,595 | 22,372 | 22,255 | 21,833 | 16,556 | 6,400 |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 7,011 | 5,525 | 6,982 | 8,551 | 7,988 | 8,802 |
Total Debt Total Debt Growth | 12,794 | 11,576 | 12,670 | 13,862 | 16,306 | 16,523 |
Net Cash (Debt) Net Cash Growth | -5,783 | -6,051 | -5,688 | -5,311 | -8,318 | -7,721 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -19.80 | -18.91 | -15.13 | -14.13 | -23.23 | -22.00 |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | 3,685 | 3,657 | 3,930 | 4,320 | 2,368 | -1,502 |
Capital Expenditures CapEx Growth | -2,675 | -2,910 | -2,636 | -1,564 | -1,572 | -1,073 |
Free Cash Flow Free Cash Flow Growth | 1,010 | 747 | 1,294 | 2,756 | 796 | -2,575 |
Free Cash Flow Growth | 26.09% | -42.27% | -53.05% | 246.23% | - | - |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Gross Margin | 27.26% | 29.64% | 29.78% | 33.54% | 24.13% | 0.06% |
Operating Margin | 2.26% | 4.21% | 5.86% | 10.55% | -0.96% | -44.44% |
Pretax Margin | 2.80% | 3.53% | 2.31% | 10.13% | -9.21% | -62.20% |
Profit Margin | 1.82% | 2.88% | 7.73% | 10.42% | -10.27% | -56.28% |
FCF Margin | 4.28% | 3.34% | 5.81% | 12.62% | 4.81% | -40.23% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 2, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 19.05 | 8.86 | 4.52 | 2.94 | - | - |
Forward PE | 21.14 | 8.57 | 7.93 | 6.11 | 31.29 | 20.28 |
P/FCF Ratio | 7.78 | 7.64 | 6.01 | 2.43 | 8.75 | - |
PS Ratio | 0.33 | 0.26 | 0.35 | 0.31 | 0.42 | 1.18 |