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Canadian (TSX) Airlines Industry Analysis

UpdatedJun 15, 2026
DataAggregated Company Financials
Companies3
  • 7D3.8%
  • 3M24.0%
  • 1Y53.7%
  • YTD30.0%

The Airlines industry is up 3.8% in the last week, with Exchange Income up 4.9%. In the last 12 months, the industry was up 54%. As for the next few years, earnings are expected to grow by 9.9% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 15 Jun 2026CA$13.9bCA$27.7bCA$1.0b8.9x13.2x0.5x
Wed, 13 May 2026CA$11.8bCA$27.7bCA$1.0b8.9x11.2x0.4x
Fri, 10 Apr 2026CA$12.3bCA$27.0bCA$868.9m8.3x14.1x0.5x
Sun, 08 Mar 2026CA$11.9bCA$27.0bCA$872.4m8x13.7x0.4x
Tue, 03 Feb 2026CA$11.8bCA$26.4b-CA$247,552,264.0038.3x-47.6x0.4x
Thu, 01 Jan 2026CA$11.1bCA$26.4b-CA$247,552,264.0030.9x-44.7x0.4x
Sat, 29 Nov 2025CA$10.9bCA$26.4b-CA$245,329,820.0030x-44.5x0.4x
Mon, 27 Oct 2025CA$10.5bCA$26.5bCA$1.5b17.2x6.9x0.4x
Wed, 24 Sep 2025CA$10.4bCA$26.5bCA$1.5b16.1x6.8x0.4x
Fri, 22 Aug 2025CA$10.3bCA$26.5bCA$1.5b16.2x6.8x0.4x
Sun, 20 Jul 2025CA$10.6bCA$26.4bCA$1.7b15.5x6.2x0.4x
Tue, 17 Jun 2025CA$9.6bCA$26.4bCA$1.7b13.8x5.6x0.4x
Thu, 15 May 2025CA$9.6bCA$26.4bCA$1.7b13.5x5.6x0.4x
Sat, 12 Apr 2025CA$7.3bCA$26.4bCA$1.7b11.5x4.3x0.3x
Mon, 10 Mar 2025CA$8.5bCA$26.4bCA$1.7b11.9x5x0.3x
Wed, 05 Feb 2025CA$9.5bCA$26.4bCA$2.7b15.8x3.5x0.4x
Fri, 03 Jan 2025CA$11.5bCA$26.4bCA$2.7b17.5x4.3x0.4x
Sun, 01 Dec 2024CA$12.4bCA$26.4bCA$2.7b18.8x4.6x0.5x
Tue, 29 Oct 2024CA$10.0bCA$26.6bCA$1.9b13.6x5.2x0.4x
Thu, 26 Sep 2024CA$8.9bCA$26.6bCA$1.9b12.2x4.6x0.3x
Sat, 24 Aug 2024CA$8.3bCA$26.6bCA$1.9b11.8x4.3x0.3x
Mon, 22 Jul 2024CA$2.8bCA$4.3bCA$163.2m15.7x17.3x0.7x
Wed, 19 Jun 2024CA$2.5bCA$4.3bCA$163.2m13.7x15.4x0.6x
Fri, 17 May 2024CA$2.8bCA$4.3bCA$153.7m14.6x17.9x0.6x
Sun, 14 Apr 2024CA$2.7bCA$4.2bCA$177.3m12.3x15.4x0.7x
Tue, 12 Mar 2024CA$2.7bCA$4.2bCA$177.3m12.5x15.4x0.6x
Thu, 08 Feb 2024CA$2.7bCA$4.1bCA$186.3m12.4x14.7x0.7x
Sat, 06 Jan 2024CA$2.7bCA$4.1bCA$186.3m12.3x14.3x0.6x
Mon, 04 Dec 2023CA$2.7bCA$4.1bCA$186.3m12x14.3x0.6x
Wed, 01 Nov 2023CA$2.5bCA$4.0bCA$192.8m10.9x12.8x0.6x
Fri, 29 Sep 2023CA$2.7bCA$4.0bCA$192.8m11.9x13.8x0.7x
Sun, 27 Aug 2023CA$2.8bCA$4.0bCA$193.8m12.5x14.4x0.7x
Tue, 25 Jul 2023CA$3.1bCA$3.9bCA$130.4m23.9x24.1x0.8x
Thu, 22 Jun 2023CA$3.1bCA$3.9bCA$130.4m22.5x23.8x0.8x
Price to Earnings Ratio

23.8x


Total Market Cap: CA$3.1bTotal Earnings: CA$130.4mTotal Revenue: CA$3.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Airlines Industry Price to Earnings3Y Average 5.7x202420252026
Current Industry PE
    There are only 3 companies in the Canadian Airlines industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Airlines industry have grown 100% per year over the last three years.
  • Revenues for these companies have grown 93% 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 Market1.37%
Industrials-0.98%
Airlines3.84%
Airlines3.84%
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
EIF Exchange IncomeCA$127.924.1%
+CA$282.8m		121.5%PE38.3x
AC Air CanadaCA$22.204.4%
+CA$260.4m		17.5%PE7.8x
CHR Chorus AviationCA$24.680.7%
+CA$4.4m		17.1%PE9x
TRZ Transat A.TCA$2.430.4%
+CA$408.5k		-6.2%PE0.4x

Latest News

EIF
CA$127.92
Exchange Income
7D
4.1%
1Y
121.5%
AC
CA$22.20
Air Canada
7D
4.4%
1Y
17.5%
TRZ
CA$2.43
Transat A.T
7D
0.4%
1Y
-6.2%
CHR
CA$24.68
Chorus Aviation
7D
0.7%
1Y
17.1%
Narrative Update • Jun 07

CHR: Higher Long Term P/E Assumptions Will Support Future Upside Potential

Analysts have slightly increased their price targets on Chorus Aviation by CA$1, reflecting updated assumptions around discount rates and long term P/E expectations, while keeping fair value estimates broadly steady. Analyst Commentary Bullish Takeaways Bullish analysts see the CA$1 upward adjustment in price targets as consistent with updated discount rate work and long term P/E assumptions, rather than a wholesale shift in the investment case.
JET
CA$1.06
Global Crossing Airlines Group
7D
-4.5%
1Y
29.3%