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Air Canada (AC)

	Symbol	Exchange	Currency
	AC	Toronto	CAD	Real-time
	AC	CBOE Canada	CAD	Real-time

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19.93 -0.07 -0.35%

24/04 - Closed. Currency in CAD ( Disclaimer )

Volume: 1,539,952
Bid/Ask: 19.92 / 19.94
Day's Range: 19.90 - 20.14

Type: Equity

Market: Canada

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TSX:AC Financials

This summary provides an overview of the most significant critical numbers from each of the Air Canada financial reports, including theAir Canada income statement, balance sheet, and cash flow statement. Additionally, it features several financial ratios that provide insight into the company's financial health.

Investors can select to view data from four periods of either annual or quarterly information, allowing them to track the TSX:AC financials over time via breakdowns of their annual reports.

Air Canada reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was CAD 6,344 million compared to CAD 5,322 million a year ago. Net income was CAD 1,250 million compared to net loss of CAD 508 million a year ago. Basic earnings per share from continuing operations was CAD 3.49 compared to basic loss per share from continuing operations of CAD 1.42 a year ago. Diluted earnings per share from continuing operations was CAD 3.08 compared to diluted loss per share from continuing operations of CAD 1.42 a year ago.For the nine months, revenue was CAD 16,658 million compared to CAD 11,876 million a year ago. Net income was CAD 2,092 million compared to net loss of CAD 1,868 million a year ago. Basic earnings per share from continuing operations was CAD 5.84 compared to basic loss per share from continuing operations of CAD 5.22 a year ago. Diluted earnings per share from continuing operations was CAD 5.55 compared to diluted loss per share from continuing operations of CAD 5.22 a year ago.

Annual Quarterly

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Advanced Financial Summary

TTM = Trailing Twelve Months

MRQ = Most Recent Quarter

AC Income Statement & Profits

Gross margin TTM 33.54%

Operating margin TTM 10.55%

Net Profit margin TTM 10.42%

Return on Investment TTM 0%

Total Revenue Net Income

Period Ending:	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023
Total Revenue	5175	6344	5427	4887
Gross Profit	1372	2717	2017	1217
Operating Income	104	1415	802	-17
Net Income	184	1250	838	4

AC Balance Sheet

Quick Ratio MRQ 0.97

Current Ratio MRQ 1.03

LT Debt to Equity MRQ 1,377.64%

Total Debt to Equity MRQ 1,741.46%

Total Assets Total Liabilities

Period Ending:	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023
Total Assets	30197	29697	30783	30476
Total Liabilities	29401	29147	31364	31990
Total Equity	796	550	-581	-1514

%ENGLISH_NAME% Latest Cash Flow Statement

Cash Flow/Share TTM 12.05

Revenue/Share TTM 60.91

Operating Cash Flow 9.84%

Cash Net Change in Cash

Period Ending:	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023
Period Length:	0 Months	0 Months	0 Months	0 Months
Cash From Operating Activities	985	408	1490	1437
Cash From Investing Activities	-289	-71	-718	-749
Cash From Financing Activities	-332	-809	-935	-292
Net Change in Cash	357	-466	-164	397

* In Millions of CAD (except for per share items)

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View advanced insights on financial statements, including growth rates and metrics that provide an in-depth view of the company's historical and forecasted financial performance.

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AC Price Commentary

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Adnan Gill Aug 11, 2023 14:47

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Great Q2 earnings. Significant improvement in EPS & revenue.

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Dennis Lantos Jun 13, 2023 15:25

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30 bucks furing summer then off to 40

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Dennis Lantos May 13, 2023 0:15

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30 bucks incoming record revenue great forcast will double soon amazing investment

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Dennis Lantos Feb 22, 2023 16:36

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23.5 came down to 20 good earning great near mid and long term numbers. Most analysts have it around 29 now should over 35 this year easy

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Dennis Lantos Oct 18, 2022 23:28

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24-26 coming up soon then depending on the maket 2023 we could see 35-40 if all goes well safe secure buy with strong returns great investment …

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Dennis Lantos Mar 11, 2021 17:27

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Guys going to 50 $ by june july freat stock best debt vs liquidity out of all airlines. Best growth potential and neae a futher governmental support which woukd be icing on the cake. 50 easy in the forseeble future 👍👌

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Dennis Lantos Mar 11, 2021 15:36

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As said it is flying :) will go further was 55 a year ago 👍

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Dennis Lantos Feb 03, 2021 17:03

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Going to fly buy guys!!!

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YuukiRbrn LeClavier May 05, 2020 22:11

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Air Canada is a definite buy right now. It's way below the fair value price and airline travel will open for Air Canada towards the middle of the month with provisions taken to avoid viral transmission

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