Air Canada (TSX:AC) Profitability Rank: 7 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSX:AC Air Canada TSX:AC
83 GF Score
Price C$25.37
GF Value C$24.46
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Air Canada Profitability Rank?

Air Canada TSX:AC -3.32% 83 Profitability Rank is 7 as of Mar. 2026, which is at its 10-year median of 7.00. GuruFocus rates TSX:AC with a GF Score™ of 83/100 and a GF Value™ of C$24.46 (Fairly Valued). The stock has 5 warning signs investors should review.

Air Canada has the Profitability Rank of 7.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is rated on a scale of 1 to 10 and is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

A higher score indicates superior profitability, with companies rated 7 or above considered to have more robust and sustainable profit generation. Conversely, a score of 3 or lower suggests challenges in generating consistent profits.

Air Canada's Operating Margin % for the quarter that ended in Mar. 2026 was 2.02%. As of today, Air Canada's Piotroski F-Score is 6.


Air Canada Profitability Rank Related Terms


TSX:AC vs DAL, UAL, LUV: Profitability Rank Comparison

For the Airlines subindustry, Air Canada's Profitability Rank, along with its competitors' market caps and Profitability Rank 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 Profitability Rank vs Transportation Industry

For the Transportation industry and Industrials sector, Air Canada's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Air Canada's Profitability Rank falls into.


TSX:AC
83GF Score
Air Canada TSX:AC
Profitability Rank is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Air Canada Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The rank is rated on a scale of 1 to 10. A higher score indicates superior profitability, with companies rated 7 or above considered to have more robust and sustainable profit generation. Conversely, a score of 3 or lower suggests challenges in generating consistent profits.

Air Canada has the Profitability Rank of 7.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Air Canada's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=117 / 5785
=2.02 %

* 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.

2. Piotroski F-Score

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

Air Canada has an F-score of 6 indicating the company's financial situation is typical for a stable company.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

4. Consistency of the profitability

5. Predictability Rank

Frequently Asked Questions Learn more about Profitability Rank →
What does a Profitability Rank of 7 mean?
Air Canada (TSX:AC) has a Profitability Rank of 7 as of Mar. 2026. Profitability and Growth ranks a company based on its profit margins and earnings growth. View historical data on Air Canada and its competitors. This is near median its historical median of 7.00. Over the past decade, Air Canada's Profitability Rank has ranged from 7.00 to 8.00.
Is Air Canada's Profitability Rank too high?
Air Canada's current Profitability Rank of 7 is near median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 7.00 to a high of 8.00. Overall, Air Canada has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Air Canada's Profitability Rank compare to DAL and UAL?
Air Canada's Profitability Rank of 7 can be compared against companies in the Transportation industry. Historically, Air Canada's own Profitability Rank has ranged from 7.00 to 8.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Profitability Rank for a Transportation company?
A good Profitability Rank depends on the Transportation industry context. However, Profitability Rank 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 Profitability Rank mean?
A high Profitability Rank can signal that a stock is expensive relative to its fundamentals. Profitability and Growth ranks a company based on its profit margins and earnings growth. View historical data on Air Canada and its competitors. Air Canada's current Profitability Rank is 7, which is near median its own 10-year median of 7.00. 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$24.46, compared to a current price of C$25.37 — trading 3.7% above its estimated fair value. The current Profitability Rank is 7, which is near median its 10-year median of 7.00. Air Canada's overall GF Score™ is 83/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Profitability Rank calculated?
Profitability Rank is calculated from a company's financial statements. For Air Canada (TSX:AC), the current Profitability Rank is 7 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 overvalued. The current stock price of C$25.37 is trading 3.7% above its estimated GF Value™ of C$24.46. GuruFocus considers Air Canada to be Fairly Valued.

Key valuation signals for TSX:AC:

  • Profitability Rank: 7 (near median its 10-year median of 7.00)
  • GF Value™: C$24.46 vs. price of C$25.37 (3.7% above fair value)
  • GF Score™: 83/100 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.
83GF Score

Get the complete analysis for TSX:AC

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

C$25.37
Price
C$24.46
GF Value