Air Canada (TSX:AC)
27.71
-0.35 (-1.25%)
Sep 2, 2026, 1:39 PM EST
Air Canada Ratios and Metrics
Market cap in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Total Valuation
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 |
| 7,858 | 5,703 | 7,779 | 6,700 | 6,963 | 7,561 | |
Market Cap Growth | 36.07% | -26.69% | 16.11% | -3.78% | -7.91% | -0.03% |
Enterprise Value | 13,641 | 11,075 | 11,767 | 12,780 | 15,508 | 15,541 |
Last Close Price | 28.06 | 19.29 | 22.26 | 18.69 | 19.39 | 21.13 |
Price Ratios
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 |
PS Ratio | 0.33 | 0.26 | 0.35 | 0.31 | 0.42 | 1.18 |
PB Ratio | 2.94 | 2.20 | 3.26 | 8.42 | -4.48 | 840.12 |
P/FCF Ratio | 7.78 | 7.64 | 6.01 | 2.43 | 8.75 | - |
P/OCF Ratio | 2.13 | 1.56 | 1.98 | 1.55 | 2.94 | - |
PEG Ratio | 0.54 | 0.46 | 0.46 | 0.46 | 0.46 | 0.46 |
EV Ratios
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 |
EV/Sales Ratio | 0.58 | 0.50 | 0.53 | 0.59 | 0.94 | 2.43 |
EV/EBITDA Ratio | 5.52 | 4.95 | 4.83 | 3.81 | 19.01 | - |
EV/EBIT Ratio | 25.55 | 11.76 | 9.02 | 5.55 | - | - |
EV/FCF Ratio | 13.51 | 14.83 | 9.09 | 4.64 | 19.48 | - |
Financial Efficiency
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 |
Debt / Equity Ratio | 4.78 | 4.47 | 5.31 | 17.42 | -10.49 | 1835.89 |
Debt / EBITDA Ratio | 5.17 | 4.11 | 4.26 | 3.56 | 11.93 | - |
Debt / FCF Ratio | 12.67 | 15.50 | 9.79 | 5.03 | 20.49 | - |
Net Debt / Equity Ratio | 2.16 | 2.34 | 2.38 | 6.67 | -5.35 | 857.89 |
Net Debt / EBITDA Ratio | 3.05 | 2.70 | 2.33 | 1.58 | 10.19 | -4.06 |
Net Debt / FCF Ratio | 5.73 | 8.10 | 4.40 | 1.93 | 10.45 | -3.00 |
Asset Turnover | 0.73 | 0.72 | 0.73 | 0.73 | 0.55 | 0.22 |
Inventory Turnover | 35.10 | 35.74 | 42.93 | 44.31 | 46.35 | 32.80 |
Quick Ratio | 0.53 | 0.48 | 0.71 | 0.97 | 0.97 | 1.37 |
Current Ratio | 0.60 | 0.56 | 0.79 | 1.03 | 1.03 | 1.45 |
Return on Equity (ROE) | 19.27% | 25.87% | 108.04% | - | - | -417.87% |
Return on Assets (ROA) | 1.03% | 1.89% | 2.66% | 4.83% | -0.33% | -5.97% |
Return on Invested Capital (ROIC) | 4.14% | 9.20% | 18.40% | 17.55% | -1.14% | -38.09% |
Return on Capital Employed (ROCE) | 3.00% | 5.50% | 6.60% | 11.40% | -0.80% | -12.00% |
Yields
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 |
Earnings Yield | 5.47% | 11.29% | 22.11% | 33.97% | -24.41% | -47.64% |
FCF Yield | 12.85% | 13.10% | 16.63% | 41.14% | 11.43% | -34.06% |
Buyback Yield / Dilution | 18.89% | 14.89% | - | -5.03% | -1.99% | -24.47% |