Air Canada (TSX:AC) Shareholder Yield % : 19.32% (As of Mar. 2026)


TSX:AC Air Canada TSX:AC
86 GF Score
Price C$24.67
GF Value C$24.10
Valuation Fairly Valued
! 5 Warning Signs
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What is Air Canada Shareholder Yield %?

Air Canada TSX:AC +0.65% 86 Shareholder Yield % is 19.32% as of Mar. 2026. GuruFocus rates TSX:AC with a GF Score™ of 86/100 and a GF Value™ of C$24.10 (Fairly Valued). The stock has 5 warning signs investors should review. Among 982 Transportation companies, Air Canada ranks better than 91.45% on this metric.

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. It is a measure of shareholder return. As of today, Air Canada's Shareholder Yield % was 19.32%.


Air Canada  (TSX:AC) Shareholder Yield % Explanation

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. The term was coined by William W. Priest of Epoch Investment Partners in a paper in 2005 entitled The Case for Shareholder Yield as a Dominant Driver of Future Equity Returns. William Priest indicated that "shareholder yield is a term that we came up with to reflect the various ways dividends can be paid to owners of a business in a publicly-traded company."

Shareholder Yield % is calculated by three components: Dividend Yield %, Buyback Yield %, and Net Debt Paydown Yield %.

Dividend Yield % shows how much a company pays out in dividends each year relative to its stock price, which is most obvious form of shareholder return.

Buyback Yield % is the net repurchase of shares outstanding over the market capital of the company. Shares repurchases also increase shareholder value by returning the money back to shareholders.

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced.


Air Canada Shareholder Yield % Related Terms


Air Canada Shareholder Yield % Historical Data

* Premium members only.

The historical data trend for Air Canada's Shareholder Yield % 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 Shareholder Yield % Chart

Air Canada Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shareholder Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -34.37 -26.88 25.98 36.67 24.37

Air Canada Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shareholder Yield % 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 36.35 27.73 26.52 24.37 26.30

TSX:AC vs DAL, UAL, LUV: Shareholder Yield % Comparison

For the Airlines subindustry, Air Canada's Shareholder Yield %, along with its competitors' market caps and Shareholder Yield % 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 Shareholder Yield % vs Transportation Industry

For the Transportation industry and Industrials sector, Air Canada's Shareholder Yield % distribution charts can be found below:

* The bar in red indicates where Air Canada's Shareholder Yield % falls into.


TSX:AC
86GF Score
Air Canada TSX:AC
Shareholder Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
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Air Canada Shareholder Yield % Calculation

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

Shareholder Yield %=Dividend Yield %+Buyback Yield %+Net Debt Paydown Yield %
=0.00 %+12.84 %+13.46 %
=26.3 %

* 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.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Shareholder Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.

Frequently Asked Questions Learn more about Shareholder Yield % →
What does a Shareholder Yield % of 19.32% mean?
Air Canada (TSX:AC) has a Shareholder Yield % of 19.32% as of Mar. 2026. Shareholder Yield is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. View historical data on Air Canada and its competitors. According to the industry distribution chart, Air Canada ranks #84 out of 982 companies in the Transportation industry, placing it in the top 8.6%.
Is Air Canada's Shareholder Yield % too high?
Air Canada's current Shareholder Yield % is 19.32%. The Transportation industry median Shareholder Yield % is 0.98. Air Canada's value of 19.32% is 1871.4% above this industry median. Based on the distribution chart, Air Canada ranks #84 out of 982 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 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Air Canada's Shareholder Yield % compare to DAL and UAL?
According to the Transportation industry distribution chart, Air Canada ranks #84 out of 982 companies for Shareholder Yield %. This places Air Canada in the top 9% of its industry — outperforming the majority of peers. The industry median Shareholder Yield % is 0.98. Air Canada's value of 19.32% is 1871.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shareholder Yield % for a Transportation company?
The median Shareholder Yield % among Transportation companies is 0.98, based on 982 companies in the industry. Companies in the top quartile (top 25%) have a Shareholder Yield % significantly above this median, while those in the bottom quartile fall well below. However, Shareholder Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Air Canada's current Shareholder Yield % of 19.32% is 1871.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shareholder Yield % mean?
A high Shareholder Yield % can signal that a stock is expensive relative to its fundamentals. Shareholder Yield is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. View historical data on Air Canada and its competitors. For the Transportation industry, the median Shareholder Yield % is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air Canada's current Shareholder Yield % is 19.32%. 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$24.10, compared to a current price of C$24.67 — trading 2.4% above its estimated fair value. The current Shareholder Yield % is 19.32% and 1871.4% above the Transportation industry median of 0.98. Air Canada's overall GF Score™ is 86/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shareholder Yield % calculated?
Shareholder Yield % is calculated from a company's financial statements. For Air Canada (TSX:AC), the current Shareholder Yield % is 19.32% 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$24.67 is trading 2.4% above its estimated GF Value™ of C$24.10. GuruFocus considers Air Canada to be Fairly Valued.

Key valuation signals for TSX:AC:

  • Shareholder Yield %: 19.32%
  • GF Value™: C$24.10 vs. price of C$24.67 (2.4% above fair value)
  • GF Score™: 86/100 with 5 warning signs
  • Industry Position: 1871.4% above the Transportation median (#84 of 982)

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.
86GF Score

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

C$24.67
Price
C$24.10
GF Value