Air Canada (TSX:AC) Other Operating Expense: C$2,626 Mil (TTM As of Mar. 2026)

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TSX:AC Air Canada TSX:AC
85 GF Score
Price C$23.68
GF Value C$24.28
Valuation Fairly Valued
! 5 Warning Signs
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What is Air Canada Other Operating Expense?

Air Canada TSX:AC -3.15% 85 Other Operating Expense is C$2,626 Mil as of Mar. 2026. GuruFocus rates TSX:AC with a GF Score™ of 85/100 and a GF Value™ of C$24.28 (Fairly Valued). The stock has 5 warning signs investors should review.

Air Canada's Other Operating Expense for the three months ended in Mar. 2026 was C$553 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was C$2,626 Mil.

Air Canada's quarterly Other Operating Expense increased from Sep. 2025 (C$636 Mil) to Dec. 2025 (C$908 Mil) but then declined from Dec. 2025 (C$908 Mil) to Mar. 2026 (C$553 Mil).

Air Canada's annual Other Operating Expense increased from Dec. 2023 (C$2,219 Mil) to Dec. 2024 (C$2,458 Mil) and increased from Dec. 2024 (C$2,458 Mil) to Dec. 2025 (C$2,601 Mil).

Air Canada Other Operating Expense Historical Data

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The historical data trend for Air Canada's Other Operating Expense 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.

Air Canada Other Operating Expense Chart

Air Canada Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Other Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 946.00 1,717.00 2,219.00 2,458.00 2,601.00

Air Canada Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Other Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 528.00 529.00 636.00 908.00 553.00
TSX:AC
85GF Score
Air Canada TSX:AC
Other Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Air Canada Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$2,626 Mil.

* 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.

What does a Other Operating Expense of C$2,626 Mil mean?
Air Canada (TSX:AC) has a Other Operating Expense of C$2,626 Mil as of Mar. 2026. Other operating expenses that a company records on its income statement. View historical data on Air Canada and its competitors.
Is Air Canada's Other Operating Expense too high?
Air Canada's current Other Operating Expense is C$2,626 Mil. Overall, Air Canada has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Air Canada's Other Operating Expense compare to DAL and UAL?
Air Canada's Other Operating Expense of C$2,626 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Operating Expense for a Transportation company?
A good Other Operating Expense depends on the Transportation industry context. However, Other Operating Expense 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 Other Operating Expense mean?
A high Other Operating Expense can signal that a stock is expensive relative to its fundamentals. Other operating expenses that a company records on its income statement. View historical data on Air Canada and its competitors. Air Canada's current Other Operating Expense is C$2,626 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?
Based on GuruFocus' analysis, Air Canada (TSX:AC) is currently considered Fairly Valued. The stock's GF Value™ is C$24.28, compared to a current price of C$23.68 — trading 2.5% below its estimated fair value. The current Other Operating Expense is C$2,626 Mil. Air Canada's overall GF Score™ is 85/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Operating Expense calculated?
Other Operating Expense is calculated from a company's financial statements. For Air Canada (TSX:AC), the current Other Operating Expense is C$2,626 Mil as of Mar. 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 (TSX:AC) Overvalued in 2026?

Based on GuruFocus' analysis, Air Canada stock appears to be undervalued. The current stock price of C$23.68 is trading 2.5% below its estimated GF Value™ of C$24.28. GuruFocus considers Air Canada to be Fairly Valued.

Key valuation signals for TSX:AC:

  • Other Operating Expense: C$2,626 Mil
  • GF Value™: C$24.28 vs. price of C$23.68 (2.5% below fair value)
  • GF Score™: 85/100 with 5 warning signs

No single metric tells the full story. See the TSX:AC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Air Canada Business Description

Address 7373 Cote Vertu Boulevard West, Air Canada Centre, Saint-Laurent, Montreal, QC, CAN, H4S 1Z3
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.
85GF Score

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Other Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$23.68
Price
C$24.28
GF Value