Air Canada (AC) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Air Canada (AC) has a cash flow conversion efficiency ratio of 0.661x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CA$1.80 Billion ≈ $1.30 Billion USD) by net assets (CA$2.72 Billion ≈ $1.97 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see AC company net worth for the company's overall valuation and market capitalisation.
Air Canada - Cash Flow Conversion Efficiency Trend (2001–2025)
This chart illustrates how Air Canada's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Air Canada Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Air Canada ranked by their cash flow conversion efficiency. Explore Air Canada (AC) cash earnings ratio to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
CNOOC Energy Technology & Services Ltd
SHG:600968
|
0.156x |
|
Weatherford International plc
NASDAQ:WFRD
|
0.158x |
|
Shan Dong Sun Paper Industry Joint Stock Co Ltd
SHE:002078
|
0.046x |
|
Soitec SA
PA:SOI
|
0.017x |
|
Fortnox AB
ST:FNOX
|
0.058x |
|
Sigma Foods, S.A.B. de C.V.
MX:SIGMAFA
|
0.310x |
|
Compagnie du Cambodge
PA:CBDG
|
0.004x |
|
COSCO SHIPPING Holdings Co. Ltd
F:C6G
|
0.025x |
Annual Cash Flow Conversion Efficiency for Air Canada (2001–2025)
The table below shows the annual cash flow conversion efficiency of Air Canada from 2001 to 2025. View AC share price today for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CA$2.59 Billion ≈ $1.87 Billion |
CA$3.66 Billion ≈ $2.65 Billion |
1.411x | -14.24% |
| 2024-12-31 | CA$2.39 Billion ≈ $1.73 Billion |
CA$3.93 Billion ≈ $2.84 Billion |
1.646x | -69.68% |
| 2023-12-31 | CA$796.00 Million ≈ $575.81 Million |
CA$4.32 Billion ≈ $3.13 Billion |
5.427x | +456.38% |
| 2022-12-31 | CA$-1.55 Billion ≈ $-1.12 Billion |
CA$2.37 Billion ≈ $1.71 Billion |
-1.523x | +99.12% |
| 2021-12-31 | CA$9.00 Million ≈ $6.51 Million |
CA$-1.56 Billion ≈ $-1.13 Billion |
-173.667x | -12557.81% |
| 2020-12-31 | CA$1.72 Billion ≈ $1.24 Billion |
CA$-2.35 Billion ≈ $-1.70 Billion |
-1.372x | -205.71% |
| 2019-12-31 | CA$4.40 Billion ≈ $3.18 Billion |
CA$5.71 Billion ≈ $4.13 Billion |
1.298x | +50.85% |
| 2018-12-31 | CA$4.03 Billion ≈ $2.92 Billion |
CA$3.47 Billion ≈ $2.51 Billion |
0.860x | +7.53% |
| 2017-12-31 | CA$3.42 Billion ≈ $2.48 Billion |
CA$2.74 Billion ≈ $1.98 Billion |
0.800x | -59.71% |
| 2016-12-31 | CA$1.22 Billion ≈ $881.81 Million |
CA$2.42 Billion ≈ $1.75 Billion |
1.986x | -96.05% |
| 2015-12-31 | CA$40.00 Million ≈ $28.94 Million |
CA$2.01 Billion ≈ $1.46 Billion |
50.300x | +6156.31% |
| 2014-12-31 | CA$-1.13 Billion ≈ $-819.59 Million |
CA$941.00 Million ≈ $680.71 Million |
-0.831x | -58.72% |
| 2013-12-31 | CA$-1.40 Billion ≈ $-1.01 Billion |
CA$731.00 Million ≈ $528.79 Million |
-0.523x | -172.37% |
| 2012-12-31 | CA$-3.35 Billion ≈ $-2.42 Billion |
CA$643.00 Million ≈ $465.14 Million |
-0.192x | -31.33% |
| 2011-12-31 | CA$-4.01 Billion ≈ $-2.90 Billion |
CA$586.00 Million ≈ $423.90 Million |
-0.146x | +79.81% |
| 2010-12-31 | CA$-1.29 Billion ≈ $-931.72 Million |
CA$933.00 Million ≈ $674.92 Million |
-0.724x | -614.40% |
| 2009-12-31 | CA$1.65 Billion ≈ $1.19 Billion |
CA$-167.00 Million ≈ $-120.81 Million |
-0.101x | +5.36% |
| 2008-12-31 | CA$952.00 Million ≈ $688.66 Million |
CA$-102.00 Million ≈ $-73.79 Million |
-0.107x | -165.61% |
| 2007-12-31 | CA$2.63 Billion ≈ $1.90 Billion |
CA$429.00 Million ≈ $310.33 Million |
0.163x | -7.50% |
| 2006-12-31 | CA$2.23 Billion ≈ $1.61 Billion |
CA$393.00 Million ≈ $284.29 Million |
0.177x | -38.53% |
| 2005-12-31 | CA$1.35 Billion ≈ $977.29 Million |
CA$388.00 Million ≈ $280.67 Million |
0.287x | +958.48% |
| 2003-12-31 | CA$-4.16 Billion ≈ $-3.01 Billion |
CA$139.00 Million ≈ $100.55 Million |
-0.033x | -180.57% |
| 2002-12-31 | CA$-2.29 Billion ≈ $-1.66 Billion |
CA$-95.00 Million ≈ $-68.72 Million |
0.042x | -94.35% |
| 2001-12-31 | CA$-1.46 Billion ≈ $-1.06 Billion |
CA$-1.07 Billion ≈ $-775.47 Million |
0.734x | -- |
About Air Canada
Air Canada provides domestic, U.S. transborder, and international airline services. It 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. As of December 31, 202… Read more