Companies: 10,795·Total market cap: $144.5T
Air Canada

Air Canada

AC.TOTSXIndustrials● Active
$21.25
$-0.16(-0.75%)
Market Cap$6.1B
P/E Ratio
52W High$23.72
52W Low$16.45

Air Canada (AC.TO) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

AC.TO · net income · updated Jun 8, 2026

Core profitability metrics

Net income was $644.0M for FY2025 (fiscal year ending 2025-12-31), down 62.6% year-over-year. Net profit margin was 2.9%. Based on available data, Air Canada has been profitable since at least 2012.

FY2025 Net Income$644.0M▼ -62.6% YoY
Trailing 12M (TTM)$794.0Mtrailing 4 quarters sum
Net Profit Margin2.9%$644.0M ÷ $22.37B
YoY Change-62.6%
5-Year CAGRN/AN/A — contains loss years
FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net IncomeNet LossNet Margin %★ First Profit: 2012

▸ FMP /income-statement · Annual · AC.TO net income history · AC.TO profit margin

Annual net income data

Fiscal YearNet IncomeYoY ChangeNet Margin
FY2025$644.0M▼ 62.6%2.9%
FY2024$1.72B▼ 24.4%7.7%
FY2023$2.28B▲ +233.9%10.4%
FY2022Loss−$1.70B▲ +52.8%-10.3%
FY2021Loss−$3.60B▲ +22.5%-56.3%

Net income vs peers (Industrials)

#CompanyNet IncomeYoY
#1
Air Canada
Air CanadaYOU
AC.TO
$644.0M-62.6%
#2
Caterpillar Inc.
Caterpillar Inc.
CAT
$8.87B-17.8%
#3
GE Aerospace
GE Aerospace
GE
$8.70B+32.8%
#4
Union Pacific Corporation
Union Pacific Corporation
UNP
$7.14B+5.8%
#5
RTX Corporation
RTX Corporation
RTX
$6.73B+41.0%
#6
The Boeing Company
The Boeing Company
BA
$2.23B+118.9%
Industrials · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Air Canada (AC.TO) reported net income of $644.0M for FY2025 (fiscal year ending 2025-12-31), down 62.6% year-over-year. The net profit margin was 2.9% — meaning the company kept $0.03 of every dollar of revenue as profit.

Based on available data, Air Canada has been profitable since at least 2012. Net income reached a peak of $2.28B in FY2023. Data available for 15 fiscal years.

Air Canada's net profit margin was 2.9% for FY2025, based on the latest annual results.

Investors sometimes search for "Air Canada net worth" — the company's market capitalization is a separate figure from AC.TO net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.

Frequently asked questions

AC.TO net income · 5 questions

Air Canada is profitable. The company reported net income of $644.0M for FY2025, a net profit margin of 2.9%. Net income was down 62.6% year-over-year. Based on available data, Air Canada has been profitable since at least 2012.

is AC.TO profitabledoes AC.TO make a profitAC.TO profitabilityAC.TO profitable company

Source: FMP /income-statement · GAAP · Air Canada · Air Canada SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026