Air Canada Market Cap ($4.38 Billion)
Market Cap & Net Worth: Air Canada (AC)
Air Canada market cap. Air Canada (TO:AC) has a market capitalization of $4.38 Billion (CA$6.06 Billion) as of November 4, 2026. Listed on the TO stock exchange, this Canada-based company holds position #3784 globally and #129 in its home market, demonstrating a -2.09% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Air Canada's stock price CA$21.10 by its total outstanding shares 287071362 (287.07 Million). Also see Air Canada (AC) cash flow conversion for how efficiently the company converts equity into cash flow.
Air Canada Market Cap History (2015–2026)
Air Canada market cap history from 2015 to 2026. Data shows growth from $2.12 Billion to $4.38 Billion (6.37% CAGR). Check Air Canada (AC) stock price for real-time trading data and today's change.
Index Memberships
Air Canada is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
S&P TSX Composite Index (Canada)
GSPTSE
|
$3.87 Trillion | 0.11% | #113 of 225 |
Weight: Air Canada's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Air Canada Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Air Canada's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Explore net asset growth rate of Air Canada to track how rapidly the company is growing its equity base year over year.
Latest Price to Sales (P/S) Ratio
0.18x
Air Canada's market cap is 0.18 times its annual revenue
Latest Price to Earnings (P/E) Ratio
6.22x
Air Canada's market cap is 6.22 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $2.84 Billion | $14.68 Billion | $876.00 Million | 0.19x | 3.24x |
| 2017 | $5.37 Billion | $16.25 Billion | $2.04 Billion | 0.33x | 2.64x |
| 2018 | $5.39 Billion | $18.00 Billion | $167.00 Million | 0.30x | 32.28x |
| 2019 | $10.07 Billion | $19.13 Billion | $1.48 Billion | 0.53x | 6.83x |
| 2020 | $4.73 Billion | $5.83 Billion | -$4.65 Billion | 0.81x | N/A |
| 2021 | $4.39 Billion | $6.40 Billion | -$3.60 Billion | 0.69x | N/A |
| 2022 | $4.03 Billion | $16.56 Billion | -$1.70 Billion | 0.24x | N/A |
| 2023 | $3.88 Billion | $21.83 Billion | $2.28 Billion | 0.18x | 1.71x |
| 2024 | $4.62 Billion | $22.25 Billion | $1.72 Billion | 0.21x | 2.69x |
| 2025 | $4.01 Billion | $22.37 Billion | $644.00 Million | 0.18x | 6.22x |
Competitor Companies of AC by Market Capitalization
Companies near Air Canada in the global market cap rankings as of November 4, 2026. Also see how large is Air Canada's balance sheet for a full breakdown of the balance sheet.
Key companies related to Air Canada by market ranking:
- Delta Air Lines Inc (NYSE:DAL): Ranked #488 globally with a market cap of $54.77 Billion USD.
- United Airlines Holdings Inc (NASDAQ:UAL): Ranked #767 globally with a market cap of $34.80 Billion USD.
- Ryanair Holdings plc (IR:RYA): Ranked #947 globally with a market cap of $28.00 Billion USD ( €23.95 Billion EUR).
- RYANAIR HLDGS ADR NEW/5 (F:RY4D): Ranked #957 globally with a market cap of $27.87 Billion USD ( €23.84 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #488 | Delta Air Lines Inc | NYSE:DAL | $54.77 Billion | $83.28 |
| #767 | United Airlines Holdings Inc | NASDAQ:UAL | $34.80 Billion | $107.21 |
| #947 | Ryanair Holdings plc | IR:RYA | $28.00 Billion | €23.90 |
| #957 | RYANAIR HLDGS ADR NEW/5 | F:RY4D | $27.87 Billion | €51.50 |
Market Capitalization of Air Canada (2015–2026)
Market capitalization of Air Canada from 2015 to today. Between 2015 and today, Air Canada's market cap moved from $2.12 Billion to $ 4.38 Billion, with a yearly change of 6.37%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CA$4.38 Billion | +9.38% |
| 2025 | CA$4.01 Billion | -13.34% |
| 2024 | CA$4.62 Billion | +19.10% |
| 2023 | CA$3.88 Billion | -3.61% |
| 2022 | CA$4.03 Billion | -8.23% |
| 2021 | CA$4.39 Billion | -7.20% |
| 2020 | CA$4.73 Billion | -53.06% |
| 2019 | CA$10.07 Billion | +86.86% |
| 2018 | CA$5.39 Billion | +0.31% |
| 2017 | CA$5.37 Billion | +89.32% |
| 2016 | CA$2.84 Billion | +33.89% |
| 2015 | CA$2.12 Billion | -- |
End of Day Market Cap According to Different Sources
On Nov 4th, 2026 the market cap of Air Canada was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $4.38 Billion USD |
| MoneyControl | $4.38 Billion USD |
| MarketWatch | $4.38 Billion USD |
| marketcap.company | $4.38 Billion USD |
| Reuters | $4.38 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
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