Air Canada (TSX:AC) 3-Year FCF Growth Rate : 0.00% (As of Dec. 2023)

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What is Air Canada 3-Year FCF Growth Rate?

Air Canada's Free Cash Flow per Share for the three months ended in Dec. 2023 was C$1.78.

During the past 12 months, Air Canada's average Free Cash Flow per Share Growth Rate was 229.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

During the past 13 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Air Canada was 73.40% per year. The lowest was -91.60% per year. And the median was -14.90% per year.

Competitive Comparison of Air Canada's 3-Year FCF Growth Rate

For the Airlines subindustry, Air Canada's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Air Canada's 3-Year FCF Growth Rate Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Air Canada's 3-Year FCF Growth Rate distribution charts can be found below:

* The bar in red indicates where Air Canada's 3-Year FCF Growth Rate falls into.

Air Canada 3-Year FCF Growth Rate Calculation

This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.

Air Canada (TSX:AC) 3-Year FCF Growth Rate Explanation

Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.

Air Canada 3-Year FCF Growth Rate Related Terms

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Air Canada (TSX:AC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Air Canada (TSX:AC) » Definitions » 3-Year FCF Growth Rate

Comparable Companies

Traded in Other Exchanges

ACDVF:USA ADH2:Germany

Address

7373 Cote Vertu Boulevard West, Air Canada Centre, Saint-Laurent, QC, CAN, H4S 1Z3

Website

https://www.aircanada.com

Air Canada is Canada's largest airline, generally serving nearly 50 million passengers each year together with its low-cost sub-brand called Rouge and contracts for regional connection flights to its network. Air Canada is a sixth freedom airline, similar to Gulf carriers, which flies many U.S. nationals on long-haul trips with a layover in Canada. In 2022, the company generated CAD 16.6 billion in total revenue, down from CAD 19 billion in 2019 as the airline is still recovering from the pandemic and related travel restrictions.