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Canadian (TSX) Airlines Industry Analysis

UpdatedAug 11, 2025
DataAggregated Company Financials
Companies4
  • 7D1.2%
  • 3M12.6%
  • 1Y30.4%
  • YTD-2.2%

Over the last 7 days, the Airlines industry has risen 1.2%, driven by gains in Exchange Income and Air Canada of 2.5% and 1.4%, respectively. This takes the industry's 12 month performance to a gain of 30%. Earnings are forecast to grow by 3.5% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 11 Aug 2025CA$10.1bCA$26.5bCA$1.5b16x6.6x0.4x
Wed, 09 Jul 2025CA$10.7bCA$26.4bCA$1.7b15.9x6.3x0.4x
Fri, 06 Jun 2025CA$9.6bCA$26.4bCA$1.7b13.4x5.6x0.4x
Sun, 04 May 2025CA$8.0bCA$26.3bCA$1.7b12.4x4.7x0.3x
Tue, 01 Apr 2025CA$7.8bCA$26.4bCA$1.7b11.8x4.6x0.3x
Thu, 27 Feb 2025CA$8.9bCA$26.3bCA$1.7b12.3x5.2x0.3x
Sat, 25 Jan 2025CA$10.1bCA$26.4bCA$2.7b15.8x3.8x0.4x
Mon, 23 Dec 2024CA$11.2bCA$26.4bCA$2.7b16.3x4.2x0.4x
Wed, 20 Nov 2024CA$11.9bCA$26.3bCA$2.7b18.4x4.4x0.5x
Fri, 18 Oct 2024CA$9.7bCA$26.6bCA$1.9b13.6x5x0.4x
Sun, 15 Sep 2024CA$8.6bCA$26.6bCA$1.9b12.2x4.5x0.3x
Tue, 13 Aug 2024CA$8.3bCA$26.6bCA$1.9b11.7x4.3x0.3x
Thu, 11 Jul 2024CA$2.6bCA$4.3bCA$163.2m14.9x16.2x0.6x
Sat, 08 Jun 2024CA$2.6bCA$4.3bCA$163.2m14.3x16x0.6x
Mon, 06 May 2024CA$2.7bCA$4.2bCA$177.3m12.3x15x0.6x
Wed, 03 Apr 2024CA$2.8bCA$4.2bCA$177.3m12.6x15.7x0.7x
Fri, 01 Mar 2024CA$2.8bCA$4.2bCA$177.3m12.6x15.7x0.7x
Sun, 28 Jan 2024CA$2.8bCA$4.1bCA$186.3m12.6x14.9x0.7x
Tue, 26 Dec 2023CA$2.7bCA$4.1bCA$186.3m12.2x14.4x0.6x
Thu, 23 Nov 2023CA$2.7bCA$4.1bCA$188.1m12x14.1x0.6x
Sat, 21 Oct 2023CA$2.5bCA$4.0bCA$192.8m11.2x13.1x0.6x
Mon, 18 Sep 2023CA$2.7bCA$4.0bCA$192.8m12x13.9x0.7x
Wed, 16 Aug 2023CA$2.9bCA$4.0bCA$193.8m13.2x15.2x0.7x
Fri, 14 Jul 2023CA$3.1bCA$3.9bCA$130.4m23.1x23.7x0.8x
Sun, 11 Jun 2023CA$2.9bCA$3.9bCA$130.4m21.8x22.3x0.7x
Tue, 09 May 2023CA$2.9bCA$3.7bCA$128.7m22.2x22.9x0.8x
Thu, 06 Apr 2023CA$3.0bCA$3.7bCA$129.6m22.7x22.8x0.8x
Sat, 04 Mar 2023CA$3.0bCA$3.7bCA$129.6m23.2x22.8x0.8x
Mon, 30 Jan 2023CA$3.2bCA$3.4bCA$99.5m22.2x31.8x0.9x
Wed, 28 Dec 2022CA$2.9bCA$3.4bCA$99.5m21x29.4x0.9x
Fri, 25 Nov 2022CA$2.8bCA$3.4bCA$99.5m19.5x27.7x0.8x
Sun, 23 Oct 2022CA$2.4bCA$3.1bCA$46.7m23.6x51.8x0.8x
Tue, 20 Sep 2022CA$2.6bCA$3.1bCA$46.7m25.6x56.7x0.9x
Thu, 18 Aug 2022CA$2.6bCA$3.1bCA$46.1m24.7x56.6x0.8x
Price to Earnings Ratio

56.6x


Total Market Cap: CA$2.6bTotal Earnings: CA$46.1mTotal Revenue: CA$3.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Airlines Industry Price to Earnings3Y Average 17.9x202320242025
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 6.6x which is lower than its 3-year average PE of 17.9x.
  • The industry is trading close to its 3-year average PS ratio of 0.61x.
Past Earnings Growth
  • The earnings for companies in the Airlines industry have grown 220% per year over the last three years.
  • Revenues for these companies have grown 105% 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 Market1.31%
Industrials-2.35%
Airlines1.20%
Airlines1.20%
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$67.622.5%
+CA$84.1m		44.6%PE28.1x
AC Air CanadaCA$19.321.4%
+CA$77.0m		28.5%PE3.9x
TRZ Transat A.TCA$2.564.5%
+CA$4.4m		31.3%PS0.03x

Latest News

CHR
CA$20.73
Chorus Aviation
7D
-5.0%
1Y
17.5%

Results: Chorus Aviation Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

Aug 08
Results: Chorus Aviation Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
FLT
CA$0.53
Volatus Aerospace
7D
-3.6%
1Y
n/a
AC
CA$19.32
Air Canada
7D
1.4%
1Y
28.5%

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

Aug 04
Air Canada's (TSE:AC) Problems Go Beyond Weak Profit
EIF
CA$67.62
Exchange Income
7D
2.5%
1Y
44.6%

Exchange Income (TSE:EIF) Is Paying Out A Dividend Of CA$0.22

Jul 21
Exchange Income (TSE:EIF) Is Paying Out A Dividend Of CA$0.22
TRZ
CA$2.56
Transat A.T
7D
4.5%
1Y
31.3%