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Canadian (TSX) Airlines Industry Analysis

UpdatedJan 21, 2025
DataAggregated Company Financials
Companies4
  • 7D-2.5%
  • 3M4.1%
  • 1Y15.6%
  • YTD-7.2%

Over the last 7 days, the Airlines industry has dropped 2.5%, driven by declines from every company within the industry. Over the past 12 months, the industry was up 16%. As for the next few years, earnings are forecast to decline by 10% per annum.

Industry Valuation and Performance

Has the Canadian Airlines Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Jan 2025CA$10.2bCA$26.4bCA$2.7b15.6x3.8x0.4x
Thu, 19 Dec 2024CA$11.5bCA$26.4bCA$2.7b16.7x4.3x0.4x
Sat, 16 Nov 2024CA$12.2bCA$26.3bCA$2.7b18.6x4.5x0.5x
Mon, 14 Oct 2024CA$9.3bCA$26.6bCA$1.9b13.2x4.8x0.4x
Wed, 11 Sep 2024CA$8.2bCA$26.6bCA$1.9b12.2x4.3x0.3x
Fri, 09 Aug 2024CA$2.7bCA$4.3bCA$163.2m15.4x16.7x0.6x
Sun, 07 Jul 2024CA$2.6bCA$4.3bCA$163.2m14.6x16.1x0.6x
Tue, 04 Jun 2024CA$2.6bCA$4.3bCA$163.2m14x15.7x0.6x
Thu, 02 May 2024CA$2.7bCA$4.2bCA$177.3m12.4x15x0.6x
Sat, 30 Mar 2024CA$2.8bCA$4.2bCA$177.3m12.7x15.7x0.7x
Mon, 26 Feb 2024CA$2.8bCA$4.2bCA$177.3m12.9x15.8x0.7x
Wed, 24 Jan 2024CA$2.7bCA$4.1bCA$186.3m12.2x14.4x0.7x
Fri, 22 Dec 2023CA$2.7bCA$4.1bCA$186.3m12.1x14.2x0.6x
Sun, 19 Nov 2023CA$2.7bCA$4.1bCA$188.1m12x14.2x0.6x
Tue, 17 Oct 2023CA$2.6bCA$4.0bCA$192.8m11.7x13.6x0.7x
Thu, 14 Sep 2023CA$2.7bCA$4.0bCA$192.8m12.1x14x0.7x
Sat, 12 Aug 2023CA$2.9bCA$4.0bCA$193.8m13.2x15.1x0.7x
Mon, 10 Jul 2023CA$3.1bCA$3.9bCA$130.4m23.5x23.8x0.8x
Wed, 07 Jun 2023CA$3.0bCA$3.9bCA$130.4m22.6x23.3x0.8x
Fri, 05 May 2023CA$2.8bCA$3.7bCA$128.7m21.3x22x0.8x
Sun, 02 Apr 2023CA$3.0bCA$3.7bCA$129.6m23.2x23.2x0.8x
Tue, 28 Feb 2023CA$2.9bCA$3.7bCA$129.6m22.6x22.3x0.8x
Thu, 26 Jan 2023CA$3.1bCA$3.4bCA$99.5m22.1x31.6x0.9x
Sat, 24 Dec 2022CA$2.9bCA$3.4bCA$99.5m21x29.4x0.9x
Mon, 21 Nov 2022CA$2.7bCA$3.4bCA$99.5m19.3x27.4x0.8x
Wed, 19 Oct 2022CA$2.4bCA$3.1bCA$46.7m23.9x52.3x0.8x
Fri, 16 Sep 2022CA$2.7bCA$3.1bCA$46.7m25.9x57.7x0.9x
Sun, 14 Aug 2022CA$2.7bCA$3.1bCA$22.1m24.8x121.3x0.9x
Tue, 12 Jul 2022CA$2.5bCA$2.7bCA$76.0m21.2x32.6x0.9x
Thu, 09 Jun 2022CA$2.8bCA$2.7bCA$76.8m24.9x37.1x1x
Sat, 07 May 2022CA$2.3bCA$2.6bCA$80.6m19.5x29x0.9x
Mon, 04 Apr 2022CA$2.6bCA$2.5bCA$23.5m63.3x109.2x1x
Wed, 02 Mar 2022CA$2.4bCA$2.4bCA$27.4m61.5x88.4x1x
Fri, 28 Jan 2022CA$2.4bCA$2.2bCA$16.7m65.7x141x1.1x
Price to Earnings Ratio

141x


Total Market Cap: CA$2.4bTotal Earnings: CA$16.7mTotal Revenue: CA$2.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Airlines Industry Price to Earnings3Y Average 32.6x202320242025
Current Industry PE
  • Investors are pessimistic on the Canadian Airlines industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 3.8x which is lower than its 3-year average PE of 32.6x.
  • The industry is trading close to its 3-year average PS ratio of 0.73x.
Past Earnings Growth
  • The earnings for companies in the Airlines industry have grown 444% per year over the last three years.
  • Revenues for these companies have grown 128% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Canadian Industrials industry?

CA Market2.58%
Industrials2.64%
Airlines-2.48%
Airlines-2.48%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
No data available
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EIF

CA$54.73

Exchange Income

7D

-0.8%

1Y

19.7%

AC

CA$20.63

Air Canada

7D

-2.9%

1Y

14.2%

FLT

CA$0.18

Volatus Aerospace

7D

-7.5%

1Y

n/a

TRZ

CA$1.85

Transat A.T

7D

-3.1%

1Y

-53.9%

JET

CA$0.70

Global Crossing Airlines Group

7D

-1.4%

1Y

7.7%

CHR

CA$2.81

Chorus Aviation

7D

-4.4%

1Y

14.7%