Air Canada

TSX:AC Stock Report

Market Cap: CA$7.9b

Air Canada Future Growth

Future criteria checks 1/6

Air Canada's earnings are forecast to decline at 33.8% per annum while its annual revenue is expected to grow at 5.7% per year. EPS is expected to decline by 26.3% per annum. Return on equity is forecast to be 32.1% in 3 years.

Key information

-33.8%

Earnings growth rate

-26.3%

EPS growth rate

Airlines earnings growth17.8%
Revenue growth rate5.7%
Future return on equity32.1%
Analyst coverage

Good

Last updated19 Dec 2024

Recent future growth updates

Recent updates

Is Air Canada (TSE:AC) Using Too Much Debt?

Dec 19
Is Air Canada (TSE:AC) Using Too Much Debt?

Does Air Canada (TSE:AC) Deserve A Spot On Your Watchlist?

Nov 28
Does Air Canada (TSE:AC) Deserve A Spot On Your Watchlist?

Air Canada (TSE:AC) Held Back By Insufficient Growth Even After Shares Climb 32%

Nov 02
Air Canada (TSE:AC) Held Back By Insufficient Growth Even After Shares Climb 32%

Air Canada (TSE:AC) Is Experiencing Growth In Returns On Capital

Oct 22
Air Canada (TSE:AC) Is Experiencing Growth In Returns On Capital

Does Air Canada (TSE:AC) Have A Healthy Balance Sheet?

Sep 04
Does Air Canada (TSE:AC) Have A Healthy Balance Sheet?

Pinning Down Air Canada's (TSE:AC) P/S Is Difficult Right Now

Aug 07
Pinning Down Air Canada's (TSE:AC) P/S Is Difficult Right Now

The Return Trends At Air Canada (TSE:AC) Look Promising

Jul 11
The Return Trends At Air Canada (TSE:AC) Look Promising

Does Air Canada (TSE:AC) Have A Healthy Balance Sheet?

May 14
Does Air Canada (TSE:AC) Have A Healthy Balance Sheet?

Air Canada's (TSE:AC) Popularity With Investors Is Under Threat From Overpricing

Apr 17
Air Canada's (TSE:AC) Popularity With Investors Is Under Threat From Overpricing

Air Canada (TSE:AC) Is Looking To Continue Growing Its Returns On Capital

Mar 21
Air Canada (TSE:AC) Is Looking To Continue Growing Its Returns On Capital

Air Canada's (TSE:AC) Price In Tune With Revenues

Jan 03
Air Canada's (TSE:AC) Price In Tune With Revenues

Earnings and Revenue Growth Forecasts

TSX:AC - Analysts future estimates and past financials data (CAD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202624,621991-7083,67913
12/31/202523,052859-563,61716
12/31/202421,9722,4139983,47816
9/30/202422,0262,5482,4584,238N/A
6/30/202422,2641,7632,3113,909N/A
3/31/202422,1722,1912,8254,475N/A
12/31/202321,8332,2762,7564,320N/A
9/30/202321,3382,2602,4073,982N/A
6/30/202320,3165022,2293,864N/A
3/31/202318,870-7221,6923,438N/A
12/31/202216,556-1,7007962,368N/A
9/30/202214,607-2,3616062,229N/A
6/30/202211,388-2,4937552,194N/A
3/31/20228,244-3,272-1,316-247N/A
12/31/20216,400-3,602-2,575-1,502N/A
9/30/20214,496-4,270-3,836-2,806N/A
6/30/20213,150-4,315-4,510-3,347N/A
3/31/20212,840-4,902-4,330-3,221N/A
12/31/20205,833-4,647-3,555-2,353N/A
9/30/20209,435-3,334-1,998-880N/A
6/30/202014,208-2,013-897240N/A
3/31/202018,419821,1032,581N/A
12/31/201919,1311,4763,6875,712N/A
9/30/201918,8869643,5495,583N/A
6/30/201918,7711,0303,3205,299N/A
3/31/201918,3665852,9075,290N/A
12/31/201818,003371,0343,470N/A
9/30/201817,6394057033,311N/A
6/30/201817,1041,426N/A3,254N/A
3/31/201816,6811,839N/A3,002N/A
12/31/201716,2522,029N/A2,738N/A
9/30/201715,8571,842N/A2,700N/A
6/30/201715,428887N/A2,645N/A
3/31/201714,976762N/A2,474N/A
12/31/201614,677876N/A2,421N/A
9/30/201614,434938N/A2,321N/A
6/30/201614,006605N/A2,335N/A
3/31/201613,962714N/A2,189N/A
12/31/201513,868303N/A2,025N/A
9/30/201513,790319N/A1,807N/A
6/30/201513,565205N/A1,546N/A
3/31/201513,456132N/A1,420N/A
12/31/201413,272100N/A954N/A
9/30/201413,062194N/A989N/A
6/30/201412,743171N/A789N/A
3/31/201412,495-75N/A814N/A
12/31/201312,3826N/A731N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: AC's earnings are forecast to decline over the next 3 years (-33.8% per year).

Earnings vs Market: AC's earnings are forecast to decline over the next 3 years (-33.8% per year).

High Growth Earnings: AC's earnings are forecast to decline over the next 3 years.

Revenue vs Market: AC's revenue (5.7% per year) is forecast to grow slower than the Canadian market (7.1% per year).

High Growth Revenue: AC's revenue (5.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: AC's Return on Equity is forecast to be high in 3 years time (32.1%)

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:46
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Air Canada is covered by 40 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christopher MurrayATB Capital Markets
Ahmad ShaathBeacon Securities Limited
Fadi ChamounBMO Capital Markets Equity Research