Air Canada Stock Net Income
| AC Stock | CAD 17.46 -0.32 -1.80% |
Momentum 39
Sell Extended
Oversold | Overbought |
As of the 10th of March, Air Canada is marked at 17.46 per share. Recent trend indicators show Mean Deviation of 1.58, standard deviation of 2.18, and Risk Adjusted Performance of -0.03. Trend analytics rely on normalized volatility and volume metrics. Trend metrics are reviewed within historical sector ranges.
Total Revenue is evolving in line with broader financial reporting trends. Last year, Air Canada recorded Total Revenue of 22.37 Billion.Pretax Profit Margin is evolving in line with broader financial reporting trends. Last year, Air Canada recorded Pretax Profit Margin of 0.04.. Per market data dated March 10, 2026, Operating Profit Margin is projected to grow to 0.04, whereas our analysis places Gross Profit near about 3.5 B following downward revisions.Air Canada Total Revenue | 14.49 Billion |
Gross Profit | Profit Margin | Market Capitalization | Enterprise Value Revenue 0.5031 | Revenue |
| Last Reported | Projected for Next Year | ||
| Net Income | 644 M | 676.2 M | |
| Net Income From Continuing Ops | 644 M | 676.2 M | |
| Net Income Applicable To Common Shares | 644 M | 676.2 M | |
| Net Income Per Share | 2.07 | 2.17 | |
| Net Income Per E B T | 0.82 | 0.73 |
Air | Net Income |
Evaluating Air Canada's Net Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Air Canada's fundamental strength.
Latest Air Canada's Net Income Growth Pattern
Below is the plot of the Net Income of Air Canada over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Air Canada financial statement analysis. It represents the amount of money remaining after all of Air Canada operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Air Canada's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Air Canada's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 644 M | 10 Years Trend |
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Net Income |
| Timeline |
Air Net Income Regression Statistics
| Arithmetic Mean | -65,282,353 | |
| Coefficient Of Variation | -2,851 | |
| Mean Deviation | 1,316,775,087 | |
| Median | 167,000,000 | |
| Standard Deviation | 1,861,394,472 | |
| Sample Variance | 3464789.4T | |
| Range | 6.9B | |
| R-Value | 0.08 | |
| Mean Square Error | 3669802.9T | |
| R-Squared | 0.01 | |
| Significance | 0.75 | |
| Slope | 30,900,980 | |
| Total Sum of Squares | 55436630.1T |
Air Net Income History
Air Net Income Driver Correlations
Sound financial modeling for Air Canada requires a clear understanding of how Air Canada's accounts, including Net Income, are correlated. Because Air Canada's income statement, balance sheet, and cash flow items are all interconnected, a correlation-based approach to analysis is more effective than examining each statement independently.
Click cells to compare fundamentals
Air Canada 'What if' Analysis
Running a what-if backtest on Air Canada gives investors a practical way to test how changes in horizon, position size, or market timing might have affected the result. Used properly, this review helps investors decide whether Air Canada's historical reward profile was stable enough to support the current thesis.
| 12/10/2025 |
| 03/10/2026 |
A 0.00 position in Air Canada initiated on December 10, 2025 and held to today would record 0.00 in net gains. This reflects a 0.0% cumulative return in Air Canada in total across 90 days.. Air Canada competes with or is related to Exchange Income, Bombardier, MDA, Brookfield Business, Secure Energy, Chorus Aviation, and Groupe Dynamite. This provides context for relative positioning. Air Canada provides domestic, U.S. transborder, and international airline services More
Momentum Range Indicators for Air Canada Snapshot
Upside/downside measures for Air Canada frame directional pressure and range behavior. They provide a structured view of short-term momentum and range behavior.
| Information Ratio | -0.05 | |||
| Maximum Drawdown | 12.26 | |||
| Value At Risk | -3.92 | |||
| Potential Upside | 3.74 |
Volatility and Risk Indicators for Air Canada Snapshot
These indicators track Air Canada's volatility and return range dynamics. The signals are informational and describe volatility patterns.| Risk Adjusted Performance | -0.03 | |||
| Jensen Alpha | -0.12 | |||
| Total Risk Alpha | -0.12 | |||
| Treynor Ratio | -0.12 |
The degree to which Air Canada's exhibits mean reversion depends on how efficiently the market prices new information. In highly covered equities, the mean reversion window tends to be shorter.
Air Canada Technical Indicators
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | -0.03 | |||
| Market Risk Adjusted Performance | -0.11 | |||
| Mean Deviation | 1.58 | |||
| Coefficient Of Variation | -2,102 | |||
| Standard Deviation | 2.18 | |||
| Variance | 4.76 | |||
| Information Ratio | -0.05 | |||
| Jensen Alpha | -0.12 | |||
| Total Risk Alpha | -0.12 | |||
| Treynor Ratio | -0.12 | |||
| Maximum Drawdown | 12.26 | |||
| Value At Risk | -3.92 | |||
| Potential Upside | 3.74 | |||
| Skewness | -0.16 | |||
| Kurtosis | 0.9648 |
Air Canada Backtested Returns
Air Canada registers a low volatility profile across the specified investment window. It maintains a Sharpe Ratio (Efficiency) of close to zero, representing negative adjusted performance consistency. We identified twenty-three technical indicators influencing the company's volatility profile. Please evaluate metrics such as standard deviation of 2.18, risk-adjusted performance of -0.03, and mean deviation of 1.58 to validate implied downside exposure. The entity owns a Beta (Systematic Risk) of 0.92, which means possible diversification benefits within a given portfolio. Air Canada returns are very sensitive to returns on the market. As the market goes up or down, Air Canada is expected to follow. At this point, Air Canada has a negative expected return of -0.0187%. Please make sure to confirm Air Canada's the relationship between the daily balance of power and price action indicator , to decide if Air Canada performance from the past will be repeated in the future.
Auto-correlation | 0.46 |
Average predictability
Air Canada exhibits average predictability. Autocorrelation measures the degree of predictability between Air Canada time series from 10th of December 2025 to 24th of January 2026 and from 24th of January 2026 to 10th of March 2026. The stronger the relationship between the current interval and its lagged values, the more accurately future price behavior of Air Canada may be projected. A serial correlation of 0.46 indicates that about 46.0% of current Air Canada price fluctuations can be explained by its historical price movements.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 1.19 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Air Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income | -54.6 Million |
Based on the recorded statements, Air Canada reported net income of 644 M. This is 148.22% higher than that of the Passenger Airlines sector and 28.76% lower than that of the Industrials industry. The net income for all Canada stocks is 12.79% lower than that of the firm.
Air Net Income Peer Comparison
Stock peer comparison using Net Income is a reliable method for evaluating Air Canada against comparable stocks. Investors use Air Canada's Net Income relative to peers to identify whether the stock is attractively or expensively valued.Air Canada is currently under evaluation. in net income category among its top compatitors.
Fund Asset Allocation for Air Canada
The fund invests 56.18% of asset under management in tradable equity instruments, with the rest of investments concentrated in bonds (40.66%) , cash (2.79%) and various exotic instruments.Asset allocation determines how Air Canada's portfolio is distributed across different investment categories to manage risk while pursuing return objectives. A well-structured allocation across diverse instruments aligned with investor preferences helps Air Canada's manage market.
The asset allocation of a mutual fund reflects its investment strategy and may include a mix of equities, fixed-income securities, cash, and other instruments. Fund managers make ongoing decisions about how to adjust this mix in response to market changes and strategic.
Air Fundamentals
Air Canada Multi-Period Financial Review
Air Canada's operating framework provides insight into margin behavior and earnings persistence. Cash reserves enhance macroeconomic adaptability. The review considers how Air Canada may influence portfolio-level risk dispersion.
Methodology
Unless otherwise specified, financial data for Air Canada is derived from periodic company reporting (annual and quarterly where available). Asset-level metrics are computed daily by Macroaxis LLC and refreshed regularly based on asset type. Air (CA:AC) prices are typically delayed by approximately 20 minutes from primary exchanges for listed equities. Data may be delayed depending on reporting sources and market conventions Income statement, balance sheet, and cash flow figures follow GAAP or IFRS conventions as reported and may be restated by the company.
Assumptions
We use public filings and market reference sources with disclosures published by U.S. Securities and Exchange Commission (SEC) via EDGAR as reference inputs. Data may be normalized and can be delayed. All analytics are generated using standardized, rules-based models designed to promote consistency and comparability across instruments. Model assumptions, reference parameters, and selected computational inputs are available in the Model Inputs section. If you have questions about our data sources or methodology, please contact Macroaxis Support.Analyst Sources
Air Canada may have analyst coverage included in Macroaxis-derived consensus inputs when available. Updates may occur throughout the day.
Pair Trading with Air Canada
Pair trading with Air Canada can help investors hedge some company-specific exposure by balancing a long view with an offsetting position. The key question is whether the second leg adds real hedge value instead of just creating a more complex version of the same risk.
Moving against Air Stock
The information in the correlation table below can inform Air Canada tax-loss harvesting decisions, showing which instruments historically move in lockstep with Air Canada and can serve as viable temporary replacements.
Negative correlation assets provide natural hedges against Air Canada positions. When Air Canada's value declines, a negatively correlated instrument tends to rise, partially offsetting portfolio losses.
Pair evaluation and Correlation analysis for Air Canada provide hedging context. This approach is commonly reviewed within sectors and across broader groups.More Resources for Air Stock Analysis
Other Information on Investing in Air Stock
Air Canada financial ratios provide valuation context across profits, cash flow, and enterprise value. They help compare Air across valuation measures in a consistent way.