Air Canada (TSX:AC)
Canada · Delayed Price · Currency is CAD 27.71
-0.35 (-1.25%)
Sep 2, 2026, 1:39 PM EST
Air Canada Balance Sheet
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Assets
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 |
Cash & Equivalents | 4,517 | 2,795 | 2,518 | 2,817 | 2,693 | 4,248 |
Short-Term Investments | 2,494 | 2,730 | 4,464 | 5,734 | 5,295 | 4,554 |
Cash & Short-Term Investments | 7,011 | 5,525 | 6,982 | 8,551 | 7,988 | 8,802 |
Cash Growth | 10.25% | -20.87% | -18.35% | 7.05% | -9.25% | 17.34% |
Accounts Receivable | 1,416 | 1,292 | 1,089 | 1,121 | 1,037 | 691 |
Receivables | 1,416 | 1,292 | 1,089 | 1,121 | 1,037 | 691 |
Inventory | 593 | 490 | 391 | 337 | 318 | 224 |
Prepaid Expenses | 578 | 478 | 476 | 124 | 189 | 83 |
Restricted Cash | - | - | - | - | - | 167 |
Other Current Assets | - | 131 | 124 | 127 | 133 | 86 |
Total Current Assets | 9,598 | 7,916 | 9,062 | 10,260 | 9,665 | 10,053 |
Property, Plant & Equipment | 15,272 | 12,570 | 11,635 | 11,222 | 11,480 | 11,191 |
Long-Term Investments | 870 | 715 | 857 | 820 | 887 | 653 |
Goodwill | 3,273 | 3,273 | 3,273 | 3,273 | 3,273 | 3,273 |
Other Intangible Assets | 1,261 | 1,265 | 1,170 | 1,084 | 1,054 | 1,080 |
Long-Term Deferred Tax Assets | 740 | 774 | 1,039 | 50 | 48 | 39 |
Other Long-Term Assets | 2,711 | 4,702 | 4,172 | 3,462 | 3,100 | 4,325 |
Total Assets | 33,725 | 31,215 | 31,208 | 30,171 | 29,507 | 30,614 |
Liabilities
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 |
Accounts Payable | 4,719 | 4,105 | 3,324 | 3,029 | 2,552 | 2,359 |
Accrued Expenses | - | 132 | 307 | 252 | 98 | 206 |
Current Portion of Long-Term Debt | 2,765 | 2,429 | 1,163 | 359 | 713 | 511 |
Current Portion of Leases | 612 | 538 | 592 | 507 | 550 | 501 |
Current Unearned Revenue | 7,867 | 6,654 | 5,975 | 5,814 | 5,399 | 3,309 |
Other Current Liabilities | - | 276 | 87 | 38 | 41 | 38 |
Total Current Liabilities | 15,963 | 14,134 | 11,448 | 9,999 | 9,353 | 6,924 |
Long-Term Debt | 6,654 | 6,675 | 9,074 | 10,966 | 12,555 | 12,833 |
Long-Term Leases | 2,763 | 1,934 | 1,841 | 2,030 | 2,488 | 2,678 |
Long-Term Unearned Revenue | 2,801 | 2,779 | 2,952 | 2,989 | 3,160 | 3,656 |
Pension & Post-Retirement Benefits | 1,481 | 1,534 | 1,842 | 1,875 | 1,770 | 2,588 |
Long-Term Deferred Tax Liabilities | 73 | 73 | 73 | 73 | 73 | 73 |
Other Long-Term Liabilities | 1,314 | 1,495 | 1,590 | 1,443 | 1,663 | 1,853 |
Total Liabilities | 31,049 | 28,624 | 28,820 | 29,375 | 31,062 | 30,605 |
Shareholders' Equity
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 |
Common Stock | 2,164 | 2,275 | 2,612 | 2,744 | 2,743 | 2,735 |
Additional Paid-In Capital | 173 | 166 | 149 | 133 | 118 | 104 |
Retained Earnings | 416 | 202 | -325 | -2,024 | -4,370 | -2,785 |
Comprehensive Income & Other | -77 | -52 | -48 | -57 | -46 | -45 |
Total Common Equity | 2,676 | 2,591 | 2,388 | 796 | -1,555 | 9 |
Shareholders' Equity | 2,676 | 2,591 | 2,388 | 796 | -1,555 | 9 |
Total Liabilities & Equity | 33,725 | 31,215 | 31,208 | 30,171 | 29,507 | 30,614 |
Additional Metrics
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 |
Total Debt | 12,794 | 11,576 | 12,670 | 13,862 | 16,306 | 16,523 |
Net Cash (Debt) | -5,783 | -6,051 | -5,688 | -5,311 | -8,318 | -7,721 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -19.80 | -18.91 | -15.13 | -14.13 | -23.23 | -22.00 |
Filing Date Shares Outstanding | 280.06 | 294.55 | 339.84 | 358.47 | 358.36 | 357.84 |
Total Common Shares Outstanding | 280.06 | 294.55 | 339.84 | 358.47 | 358.36 | 357.84 |
Working Capital | -6,365 | -6,218 | -2,386 | 261 | 312 | 3,129 |
Book Value Per Share | 9.56 | 8.80 | 7.03 | 2.22 | -4.34 | 0.03 |
Tangible Book Value | -1,858 | -1,947 | -2,055 | -3,561 | -5,882 | -4,344 |
Tangible Book Value Per Share | -6.63 | -6.61 | -6.05 | -9.93 | -16.41 | -12.14 |
Buildings | - | 1,287 | 1,225 | 1,122 | 1,091 | 1,050 |
Machinery | - | 17,906 | 16,581 | 15,801 | 15,016 | 13,960 |