Revenue increased 21% to CAD 7 billion on 5.7% more capacity than a year ago, and operating income of CAD 261 million resulted from a 3.7% margin. Air Canada's fuel costs jumped 75% to CAD 2.1 billion from last year, and it recovered about half that amount in passenger fares.
International travel, including long haul, is approaching prepandemic levels, and Air Canada is well placed to serve demand.
Air Canada’s business model is predicated on international travel, which has recovered more slowly than domestic travel.
Metric | AC | UAL | DAL |
|---|---|---|---|
Price/Earnings (Normalized) | 15.10 | 13.31 | 17.54 |
Price/Book Value | 2.80 | 2.21 | 2.69 |
Price/Sales | 0.27 | 0.60 | 0.84 |
Price/Cash Flow | 2.52 | 4.83 | 7.57 |
Metric | AC | UAL | DAL |
|---|---|---|---|
Quick Ratio | 0.55 | 0.65 | 0.24 |
Current Ratio | 0.64 | 0.75 | 0.40 |
Interest Coverage | 1.29 | 4.50 | 8.30 |
Metric | AC | UAL | DAL |
|---|---|---|---|
Return on Assets (Normalized) | 0.36% | 3.58% | 4.13% |
Return on Equity (Normalized) | 4.74% | 18.05% | 16.54% |
Return on Invested Capital (Normalized) | 2.46% | 6.88% | 9.53% |
1-Day Chart | Name | Price | Morningstar Rating for Stocks | Capital Allocation | Economic Moat | Market Cap |
|---|---|---|---|---|---|---|
| Delta Air Lines Inc DAL | LOCK|S%Yz?! | LOCK|SD | $61B | |||
| United Airlines Holdings Inc UAL | LOCK|wmSj#T | LOCK|Gw | $39B | |||
| Ryanair Holdings PLC ADR RYAAY | — | LOCK|hLX | $31B | |||
| International Consolidated Airlines Group SA ADR ICAGY | — | LOCK|^Q$ | $27B | |||
| International Consolidated Airlines Group SA BABWF | — | LOCK|$G | $27B | |||
| Southwest Airlines Co LUV | LOCK|K^>L?Lv | LOCK|&>f | $23B | |||
| Singapore Airlines Ltd SINGF | — | LOCK|#l | $18B | |||
| Singapore Airlines Ltd ADR SINGY | — | LOCK|n^ | $18B | |||
| Air China Ltd ADR AIRYY | — | LOCK|$F | $18B | |||
| American Airlines Group Inc AAL | LOCK|n^$!$% | LOCK|t! | $9B |
United States