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Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Air Canada's share price for the quarter that ended in Mar. 2026 was лв10.99. Air Canada's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 287 Mil. Therefore, Air Canada's market cap for the quarter that ended in Mar. 2026 was лв3,155 Mil.
Air Canada's quarterly market cap
declined
from Sep. 2025 (лв3,255 Mil) to Dec. 2025 (лв3,237 Mil) and
declined
from Dec. 2025 (лв3,237 Mil) to Mar. 2026 (лв3,155 Mil).
Air Canada's annual market cap
increased
from Dec. 2023 (лв0 Mil) to Dec. 2024 (лв5,623 Mil) but then
declined
from Dec. 2024 (лв5,623 Mil) to Dec. 2025 (лв3,237 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Air Canada's Enterprise Value for Today is лв14,996 Mil.
Air Canada (XBUL:ADH2) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Air Canada Market Cap Related Terms
Air Canada Market Cap Historical Data
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The historical data trend for Air Canada's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Airlines subindustry, Air Canada's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Transportation Industry
For the Transportation industry and Industrials sector, Air Canada's Market Cap distribution charts can be found below:
* The bar in red indicates where Air Canada's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Air Canada's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Air Canada (XBUL:ADH2) has a Market Cap of лв8,389 Mil as of Jul. 23, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Air Canada and its competitors. According to the industry distribution chart, Air Canada ranks #125 out of 1028 companies in the Transportation industry, placing it in the top 12.2%.
Is Air Canada's Market Cap too high?
Air Canada's current Market Cap is лв8,389 Mil. Based on the distribution chart, Air Canada ranks #125 out of 1028 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Air Canada has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Air Canada's Market Cap compare to DAL and UAL?
According to the Transportation industry distribution chart, Air Canada ranks #125 out of 1028 companies for Market Cap. This places Air Canada in the top 12% of its industry — outperforming the majority of peers. The industry median Market Cap is 265.17. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Transportation company?
The median Market Cap among Transportation companies is 265.17, based on 1,028 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Air Canada and its competitors. For the Transportation industry, the median Market Cap is 265.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air Canada's current Market Cap is лв8,389 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air Canada stock overvalued right now?
Air Canada (XBUL:ADH2) has a current Market Cap of лв8,389 Mil. The stock's GF Value™ is лв11.77, compared to a current price of лв10.99 — trading 6.6% below its estimated fair value. The current Market Cap is лв8,389 Mil. Air Canada's overall GF Score™ is 84/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Air Canada (XBUL:ADH2), the current Market Cap is лв8,389 Mil as of Jul. 23, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Air Canada (XBUL:ADH2) Overvalued in 2026?
Based on GuruFocus' analysis, Air Canada stock appears to be undervalued.
The current stock price of лв10.99 is trading 6.6% below its estimated GF Value™ of лв11.77.
Key valuation signals for XBUL:ADH2:
Market Cap: лв8,389 Mil
GF Value™: лв11.77 vs. price of лв10.99 (6.6% below fair value)
No single metric tells the full story. See the XBUL:ADH2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Air Canada is Canada's largest airline, serving nearly 50 million passengers each year, together with its low-cost subbrand, Rouge, and contracts for regional connection flights into its network. Air Canada is a sixth-freedom airline, which flies many passengers on long-haul trips to and from the US with a layover in Canada.
84GF Score
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Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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