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Air Canada TSX:AC Stock Report

Last Price

CA$18.40

Market Cap

CA$6.6b

7D

-1.9%

1Y

-15.4%

Updated

24 May, 2024

Data

Company Financials +

Air Canada Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Air Canada
Historical stock prices
Current Share PriceCA$18.40
52 Week HighCA$26.04
52 Week LowCA$16.04
Beta2.4
1 Month Change-7.68%
3 Month Change1.27%
1 Year Change-15.40%
3 Year Change-32.30%
5 Year Change-53.88%
Change since IPO-6.03%

Recent News & Updates

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

Recent updates

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

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

Dec 07
Is Air Canada (TSE:AC) A Risky Investment?

Air Canada (TSE:AC) Has More To Do To Multiply In Value Going Forward

Nov 08
Air Canada (TSE:AC) Has More To Do To Multiply In Value Going Forward

Estimating The Intrinsic Value Of Air Canada (TSE:AC)

Dec 21
Estimating The Intrinsic Value Of Air Canada (TSE:AC)

Health Check: How Prudently Does Air Canada (TSE:AC) Use Debt?

Mar 25
Health Check: How Prudently Does Air Canada (TSE:AC) Use Debt?

Air Canada (TSE:AC) Shares Could Be 22% Below Their Intrinsic Value Estimate

Apr 30
Air Canada (TSE:AC) Shares Could Be 22% Below Their Intrinsic Value Estimate

How Many Air Canada (TSE:AC) Shares Did Insiders Buy, In The Last Year?

Dec 17
How Many Air Canada (TSE:AC) Shares Did Insiders Buy, In The Last Year?

Is Air Canada (TSE:AC) Using Debt In A Risky Way?

Nov 19
Is Air Canada (TSE:AC) Using Debt In A Risky Way?

Shareholder Returns

ACCA AirlinesCA Market
7D-1.9%-3.6%-0.6%
1Y-15.4%7.6%12.4%

Return vs Industry: AC underperformed the Canadian Airlines industry which returned 7.6% over the past year.

Return vs Market: AC underperformed the Canadian Market which returned 12.4% over the past year.

Price Volatility

Is AC's price volatile compared to industry and market?
AC volatility
AC Average Weekly Movement3.8%
Airlines Industry Average Movement6.5%
Market Average Movement8.8%
10% most volatile stocks in CA Market17.8%
10% least volatile stocks in CA Market2.9%

Stable Share Price: AC has not had significant price volatility in the past 3 months.

Volatility Over Time: AC's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
193736,900Mike Rousseauwww.aircanada.com

Air Canada provides domestic, U.S. transborder, and international airline services. The company provides scheduled passenger services under the Air Canada Vacations and Air Canada Rouge brand names in the Canadian market, the Canada-U.S. transborder market, and in the international market to and from Canada, as well as through capacity purchase agreements on other regional carriers.

Air Canada Fundamentals Summary

How do Air Canada's earnings and revenue compare to its market cap?
AC fundamental statistics
Market capCA$6.60b
Earnings (TTM)CA$2.19b
Revenue (TTM)CA$22.17b

3.0x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AC income statement (TTM)
RevenueCA$22.17b
Cost of RevenueCA$14.75b
Gross ProfitCA$7.42b
Other ExpensesCA$5.23b
EarningsCA$2.19b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)6.11
Gross Margin33.48%
Net Profit Margin9.88%
Debt/Equity Ratio1,416.9%

How did AC perform over the long term?

See historical performance and comparison
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