Air Canada

Informe acción TSX:AC

Capitalización de mercado: CA$6.2b

Air Canada Resultados de beneficios anteriores

Pasado controles de criterios 2/6

Air Canada ha aumentado sus beneficios a una tasa media anual de 61.3%, mientras que los beneficios de la industria de Airlines han experimentado un crecimiento de 42.6% anual. Los ingresos han ido creciendo a una tasa media de 25.5% al año. La rentabilidad financiera de Air Canada es de 29.2%, y sus márgenes netos son de 3.5%.

Información clave

61.30%

Tasa de crecimiento de los beneficios

62.95%

Tasa de crecimiento del BPA

Crecimiento de la industria Airlines 0.48%
Tasa de crecimiento de los ingresos25.47%
Rentabilidad financiera29.19%
Margen neto3.46%
Última actualización de beneficios31 Mar 2026

Actualizaciones de resultados anteriores recientes

Artículo de análisis Aug 04

Air Canada's (TSE:AC) Problems Go Beyond Weak Profit

Investors were disappointed by Air Canada's ( TSE:AC ) latest earnings release. We did some analysis, and found that...

Recent updates

Nueva narrativa May 25

(AC:TSX): Record Q1 EBITDA Despite Fuel Volatility, Fleet Modernization Underway, Guidance Pulled on Geopolitical Risk

Air Canada (AC:TSX) Just Proved It Can Still Deliver on Operational Excellence Look, let's be real about what happened with Air Canada (TSX:AC) on April 30, 2026. The airline reported earnings that should have made investors feel genuinely optimistic, and then immediately did something that feels uniquely airline-industry—suspended full-year guidance because jet fuel prices turned into a geopolitical lottery ticket.
Actualización de narrativa May 24

AC: Higher Fuel Costs And Fleet Investments Will Shape Future Pricing Power

Analysts have reduced the Air Canada fair value estimate from CA$23.48 to about CA$22.39 as recent price target cuts reflect higher jet fuel costs and more cautious revenue and margin expectations, even though modeled profit margins and P/E assumptions have been slightly adjusted. Analyst Commentary Recent research updates on Air Canada point to a more cautious stance as analysts reassess fuel assumptions, earnings power and valuation multiples.
Actualización de narrativa Apr 28

AC: Higher Fuel Costs Will Eventually Support Stronger Pricing Power

Analysts have trimmed the Air Canada target by CA$0.50 to CA$23.48, reflecting updated assumptions for fuel costs and slightly softer margin expectations, even as revenue growth estimates and P/E assumptions are adjusted. Analyst Commentary Recent research updates cluster around two themes for Air Canada, your upside case tied to execution on growth and pricing, and your risk case centered on fuel costs and capacity plans.
Actualización de narrativa Apr 14

AC: Fuel Cost Headwinds Will Present Opportunity For Future Margin Upside

Analysts have nudged the Air Canada fair value estimate slightly lower to CA$23.98 from CA$24.11, reflecting a series of recent price target cuts and rating downgrades that cite higher jet fuel costs and tighter margin expectations, even as revenue growth and profit margin assumptions in the model are adjusted upward and the future P/E assumption is marked lower. Analyst Commentary Recent research updates on Air Canada highlight a mixed setup, with some analysts trimming targets and ratings while others still see room for upside at current levels.
Actualización de narrativa Mar 31

AC: Fuel Headwinds Will Present Opportunity For Future Upside Potential

Analysts have trimmed the Air Canada price target by about CA$0.25 as higher jet fuel costs and more cautious long term estimates, including lower assumed revenue growth and a slightly higher discount rate, weigh against modestly better profit margin assumptions and a lower future P/E. Analyst Commentary Recent Street research on Air Canada clusters around two clear themes, with some analysts leaning constructive on execution and valuation, while others focus on fuel costs and capacity risk.
Actualización de narrativa Mar 16

AC: Higher Fuel Costs And Capacity Plans Will Shape Future Risk Reward

The updated fair value estimate for Air Canada shifts to CA$17.0 from CA$20.1. This reflects analysts' focus on higher discount rates, softer profit margin assumptions, and a higher future P/E multiple after a series of price target cuts tied to rising jet fuel costs and more cautious earnings estimates. Analyst Commentary Recent Street research on Air Canada tilts more cautious, with several bearish analysts revising ratings and price targets alongside higher fuel cost assumptions and more conservative margin outlooks.
Actualización de narrativa Mar 02

AC: Capacity Plans And Fleet Refresh Will Shape Balanced Risk Reward

Our updated Air Canada narrative reflects a higher fair value estimate of CA$20.10 from CA$18.69, in line with recent analyst price target increases into the CA$22 to CA$27 range, supported by refreshed earnings models and mixed views on the company’s longer term capacity growth plans. Analyst Commentary Street research on Air Canada has been active, with several firms updating their models and price targets following recent earnings.
Actualización de narrativa Feb 16

AC: Fleet Expansion And Partnerships Will Shape Balanced Risk Reward Outlook

Narrative Update The analyst price target for Air Canada has been raised by CA$4 to CA$22, with analysts pointing to updated post earnings models and revised assumptions on revenue growth, margins and future P/E to support the new level. Analyst Commentary Recent research updates around Air Canada have been cautious, even as published price targets move higher.
Actualización de narrativa Jan 21

AC: Share Repurchases Will Support Future Upside Despite Cautious Earnings Expectations

Air Canada's updated analyst price target edges up to about C$24.36 from roughly C$24.24, as analysts factor in slightly adjusted revenue growth, profit margin, and future P/E assumptions, alongside recent target revisions clustered in the C$21 to C$26 range. Analyst Commentary Recent research points to a mixed but fairly contained range of views on Air Canada, with price targets clustered around the low to mid C$20s.
Artículo de análisis Jan 09

Air Canada (TSE:AC) Shareholders Will Want The ROCE Trajectory To Continue

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Actualización de narrativa Jan 07

AC: Expanded Routes And Partnerships Will Support Constructive Long Term Upside

Analysts have modestly reduced their implied fair value for Air Canada from about C$31.59 to C$31.16. This reflects a series of slightly lower Street price targets and a view that near term upside to estimates may be limited, even as revenue growth assumptions and the future P/E expectation have been adjusted.
Actualización de narrativa Dec 19

AC: Share Repurchases Will Drive Future Upside Amid Near-Term Operational Headwinds

Analysts have modestly reduced their Air Canada price target by C$1. This reflects a series of lowered Street targets and a cautious outlook on near term upside amid operational headwinds and limited positive catalysts.
Actualización de narrativa Dec 05

AC: Share Repurchases Will Drive Future Upside Despite Near-Term Labor Headwinds

Air Canada’s analyst price target has been revised modestly lower, by roughly C$1 to C$2 per share, as analysts factor in softer near term upside, lingering labor and yield headwinds, and a lack of immediate positive catalysts despite largely unchanged long term fundamentals. Analyst Commentary Recent Street research reflects a more balanced stance on Air Canada, with analysts broadly trimming price targets while maintaining a mix of positive and cautious views on the company’s execution and valuation.
Actualización de narrativa Nov 21

AC: Summer Route Expansion And Share Buyback Will Drive Bullish Outlook

Analysts have modestly lowered their price target for Air Canada, with the fair value decreasing from C$24.36 to approximately C$24.24. They cite ongoing headwinds and a cautious near-term outlook for the airline sector as reasons for this adjustment.
Actualización de narrativa Oct 29

Labor Uncertainty And New Routes Will Shape Upcoming Performance

Analysts have lowered Air Canada's average price target in recent weeks, with cuts ranging from C$1 to C$2 per report. They cited headwinds such as weaker recent results, persistent labor risks, and a lack of near-term positive catalysts.
Actualización de narrativa Oct 14

International Travel Expansion And Rising Costs Will Define Future Prospects

Air Canada's fair value estimate has been revised downward to $24.36 from $24.89 as analysts cite recent price target reductions, concerns about operational headwinds, and a weaker near-term outlook. Analyst Commentary Recent Street research demonstrates a shift in sentiment surrounding Air Canada's outlook, with several firms adjusting their price targets and ratings in response to operational and market conditions.
Actualización de narrativa Sep 26

International Travel Expansion And Rising Costs Will Define Future Prospects

Air Canada’s consensus price target was slightly reduced to CA$24.89, reflecting analyst caution amid weak Q3 results, strike disruptions, ongoing labor risks, and few near-term catalysts. Analyst Commentary Recent downgrade driven by weak Q3 results due to strike disruptions, ongoing labor risks, and anticipated yield pressure.
Artículo de análisis Aug 04

Air Canada's (TSE:AC) Problems Go Beyond Weak Profit

Investors were disappointed by Air Canada's ( TSE:AC ) latest earnings release. We did some analysis, and found that...
Artículo de análisis Jul 21

Is Air Canada (TSE:AC) A Risky Investment?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Artículo de análisis May 11

There's No Escaping Air Canada's (TSE:AC) Muted Earnings Despite A 28% Share Price Rise

Air Canada ( TSE:AC ) shareholders are no doubt pleased to see that the share price has bounced 28% in the last month...
Artículo de análisis May 02

The Returns At Air Canada (TSE:AC) Aren't Growing

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...
Artículo de análisis Apr 04

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

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Artículo de análisis Mar 14

Air Canada's (TSE:AC) Business And Shares Still Trailing The Market

With a price-to-earnings (or "P/E") ratio of 2.9x Air Canada ( TSE:AC ) may be sending very bullish signals at the...
Artículo de análisis Jan 30

Return Trends At Air Canada (TSE:AC) Aren't Appealing

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Artículo de análisis Dec 19

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

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
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Nueva narrativa Dec 03

Capacity Expansion Amid Rising Costs Will Erode Profits And Limit Earnings Growth

Planned capacity expansion may undermine revenue growth if demand doesn't meet supply increases amid cost pressures.
Artículo de análisis Nov 28

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

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Artículo de análisis Nov 02

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

Despite an already strong run, Air Canada ( TSE:AC ) shares have been powering on, with a gain of 32% in the last...

Desglose de ingresos y gastos

Cómo gana y gasta dinero Air Canada. Basado en los últimos beneficios reportados, en base a los últimos doce meses (LTM).


Historial de beneficios e ingresos

TSX:AC Ingresos, gastos y beneficios (CAD Millions)
FechaIngresosBeneficiosGastos G+AGastos de I+D
31 Mar 2622,9617941,1780
31 Dec 2522,3726441,1510
30 Sep 2522,006-2961,1510
30 Jun 2522,3381,4751,1730
31 Mar 2522,2251,6991,1660
31 Dec 2422,2551,7201,1660
30 Sep 2422,0262,5481,1550
30 Jun 2422,2641,7631,1710
31 Mar 2422,1722,1911,1650
31 Dec 2321,8332,2761,1650
30 Sep 2321,3382,2601,1390
30 Jun 2320,3165021,0750
31 Mar 2318,870-7221,0040
31 Dec 2216,556-1,7008530
30 Sep 2214,607-2,3617670
30 Jun 2211,388-2,4935860
31 Mar 228,244-3,2724230
31 Dec 216,400-3,6023230
30 Sep 214,496-4,2702350
30 Jun 213,150-4,3151940
31 Mar 212,840-4,9021710
31 Dec 205,833-4,6473460
30 Sep 209,435-3,3344940
30 Jun 2014,208-2,0137470
31 Mar 2018,419829670
31 Dec 1919,1311,4769880
30 Sep 1918,8869649720
30 Jun 1918,7711,0309330
31 Mar 1918,3665859010
31 Dec 1818,003378720
30 Sep 1817,6394058400
30 Jun 1817,1041,4268160
31 Mar 1816,6811,8397910
31 Dec 1716,2522,0297700
30 Sep 1715,8571,8427730
30 Jun 1715,4288877140
31 Mar 1714,9767626970
31 Dec 1614,6778767030
30 Sep 1614,4349386710
30 Jun 1614,0066056690
31 Mar 1613,9627146450
31 Dec 1513,8683036080
30 Sep 1513,7903195670
30 Jun 1513,5652055490

Ingresos de calidad: AC tiene ganancias de alta calidad.

Margen de beneficios creciente: Los actuales márgenes de beneficio(3.5%) de AC son inferiores a los del año pasado (7.6%).


Análisis del flujo de caja libre vs. Beneficios


Análisis del crecimiento de los beneficios en el pasado

Tendencia de beneficios: AC ha pasado a ser rentable en los últimos 5 años, con un crecimiento de los beneficios de 61.3% al año.

Acelerando crecimiento: AC ha tenido un crecimiento negativo de los beneficios en el último año, por lo que no puede compararse con su media de 5 años.

Beneficios vs. Industria: AC tuvo un crecimiento negativo de los beneficios (-53.3%) durante el año pasado, lo que dificulta la comparación con la media de la industria Airlines (17.2%).


Rentabilidad financiera

Alta ROE: Aunque la rentabilidad financiera (29.19%) de AC es alta, esta métrica está sesgada debido a su elevado nivel de endeudamiento.


Rentabilidad económica


Rendimiento del capital invertido


Descubre empresas con buenos resultados en el pasado

Análisis de la empresa y estado de los datos financieros

DatosÚltima actualización (huso horario UTC)
Análisis de la empresa2026/05/28 22:53
Precio de las acciones al final del día2026/05/28 00:00
Beneficios2026/03/31
Ingresos anuales2025/12/31

Fuentes de datos

Los datos utilizados en nuestro análisis de empresas proceden de S&P Global Market Intelligence LLC. Los siguientes datos se utilizan en nuestro modelo de análisis para generar este informe. Los datos están normalizados, lo que puede introducir un retraso desde que la fuente está disponible.

PaqueteDatosMarco temporalEjemplo Fuente EE.UU. *
Finanzas de la empresa10 años
  • Cuenta de resultados
  • Estado de tesorería
  • Balance
Estimaciones del consenso de analistas+3 años
  • Previsiones financieras
  • Objetivos de precios de los analistas
Precios de mercado30 años
  • Precios de las acciones
  • Dividendos, escisiones y acciones
Propiedad10 años
  • Accionistas principales
  • Información privilegiada
Gestión10 años
  • Equipo directivo
  • Consejo de Administración
Principales avances10 años
  • Anuncios de empresas

* Ejemplo para valores de EE.UU., para no EE.UU. se utilizan formularios y fuentes normativas equivalentes.

A menos que se especifique lo contrario, todos los datos financieros se basan en un periodo anual, pero se actualizan trimestralmente. Esto se conoce como datos de los últimos doce meses (TTM) o de los últimos doce meses (LTM). Más información.

Modelo de análisis y copo de nieve

Los detalles del modelo de análisis utilizado para generar este informe están disponibles en nuestra página de Github, también tenemos guías sobre cómo utilizar nuestros informes y tutoriales en Youtube.

Conozca al equipo de talla mundial que diseñó y construyó el modelo de análisis Simply Wall St.

Métricas industriales y sectoriales

Simply Wall St calcula cada 6 horas nuestras métricas sectoriales y de sección. Los detalles de nuestro proceso están disponibles en Github.

Fuentes analistas

Air Canada está cubierta por 31 analistas. 13 de esos analistas presentaron las estimaciones de ingresos o ganancias utilizadas como datos para nuestro informe. Las estimaciones de los analistas se actualizan a lo largo del día.

AnalistaInstitución
Christopher MurrayATB Cormark
David OcampoATB Cormark Historical (Cormark Securities)
Ahmad ShaathBeacon Securities Limited