Air Canada Free Cash Flow Generation Index

Latest as of March 2026: 0.73x

Air Canada free cash flow generation index. Air Canada (AC) has a Free Cash Flow Generation Index of 0.73x as of March 2026. Free cash flow of CA$1.32 Billion represents 1% of operating cash flow (CA$1.80 Billion).

FCF Generation Index

0.73x
Free Cash Flow / Operating CF

Free Cash Flow

CA$1.32 Billion
CAD

Operating Cash Flow

CA$1.80 Billion
CAD

Capital Expenditures

CA$477.00 Million
CAD

Free Cash Flow Generation Index of Air Canada (2003–2025)

Free cash flow generation index of Air Canada from 2003 to 2025. Historical FCF Generation Index trend for Air Canada across 18 annual periods. See Air Canada financial flexibility index to measure the company's free cash flow as a share of total liabilities.

Air Canada Free Cash Flow Generation Index by Year (2003–2025)

Air Canada free cash flow generation index by year from 2003 to 2025. Year-by-year Free Cash Flow Generation Index for Air Canada. For the full cash flow conversion analysis, see cash efficiency ratio of Air Canada.

Year FCG Index Free Cash Flow (CAD) Operating CF Capital Expenditures YoY Change
2025 0.20x CA$747.00 Million CA$3.66 Billion CA$2.91 Billion ▼ -38.0%
2024 0.33x CA$1.29 Billion CA$3.93 Billion CA$2.64 Billion ▼ -48.4%
2023 0.64x CA$2.76 Billion CA$4.32 Billion CA$1.56 Billion ▲ +89.8%
2022 0.34x CA$796.00 Million CA$2.37 Billion CA$1.57 Billion ▼ -47.9%
2019 0.65x CA$3.69 Billion CA$5.71 Billion CA$2.02 Billion ▲ +116.6%
2018 0.30x CA$1.03 Billion CA$3.47 Billion CA$2.20 Billion ▲ +158.2%
2017 0.12x CA$316.00 Million CA$2.74 Billion CA$2.42 Billion ▲ +155.9%
2016 -0.21x CA$-500.00 Million CA$2.42 Billion CA$2.92 Billion ▼ -310.9%
2015 0.10x CA$197.00 Million CA$2.01 Billion CA$1.81 Billion ▲ +116.5%
2014 -0.60x CA$-560.00 Million CA$941.00 Million CA$1.50 Billion ▼ -88.3%
2013 -0.32x CA$-231.00 Million CA$731.00 Million CA$962.00 Million ▼ -202.1%
2012 0.31x CA$199.00 Million CA$643.00 Million CA$462.00 Million ▼ -50.4%
2011 0.62x CA$366.00 Million CA$586.00 Million CA$220.00 Million ▼ -21.9%
2010 0.80x CA$746.00 Million CA$933.00 Million CA$118.00 Million ▲ +115.8%
2007 -5.07x CA$-2.18 Billion CA$429.00 Million CA$2.61 Billion ▼ -302.9%
2006 -1.26x CA$-495.00 Million CA$393.00 Million CA$888.00 Million ▼ -1.8%
2005 -1.24x CA$-480.00 Million CA$388.00 Million CA$868.00 Million ▼ -223.7%
2003 1.00x CA$139.00 Million CA$139.00 Million CA$0.00 —
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).