Air Canada Cash Flow Quality Index
Air Canada cash flow quality index. Air Canada (AC) has a Cash Flow Quality Index of 37.46x as of March 2026. Operating cash flow of CA$1.80 Billion exceeds net income of CA$48.00 Million, indicating high earnings quality where cash backs reported profits. See AC free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Air Canada (2007–2025)
Cash flow quality index of Air Canada from 2007 to 2025. Historical Cash Flow Quality Index for Air Canada across 11 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore Air Canada (AC) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Air Canada Cash Flow Quality Index by Year (2007–2025)
Air Canada cash flow quality index by year from 2007 to 2025. Year-by-year earnings quality comparison for Air Canada. For the full cash flow conversion analysis, see Air Canada operating cash flow efficiency.
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 5.68x | CA$3.66 Billion | CA$644.00 Million | ▲ +148.5% |
| 2024 | 2.28x | CA$3.93 Billion | CA$1.72 Billion | ▲ +20.4% |
| 2023 | 1.90x | CA$4.32 Billion | CA$2.28 Billion | ▼ -50.9% |
| 2019 | 3.87x | CA$5.71 Billion | CA$1.48 Billion | ▼ -95.9% |
| 2018 | 93.78x | CA$3.47 Billion | CA$37.00 Million | ▲ +6849.9% |
| 2017 | 1.35x | CA$2.74 Billion | CA$2.03 Billion | ▼ -51.2% |
| 2016 | 2.76x | CA$2.42 Billion | CA$876.00 Million | ▼ -58.4% |
| 2015 | 6.64x | CA$2.01 Billion | CA$303.00 Million | ▼ -29.4% |
| 2014 | 9.41x | CA$941.00 Million | CA$100.00 Million | ▼ -92.3% |
| 2013 | 121.83x | CA$731.00 Million | CA$6.00 Million | ▲ +12083.3% |
| 2007 | 1.00x | CA$429.00 Million | CA$429.00 Million | — |