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Air Canada (LTS:0SE9) Net Margin % : -1.55% (As of Mar. 2024)


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What is Air Canada Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Air Canada's Net Income for the three months ended in Mar. 2024 was C$-81 Mil. Air Canada's Revenue for the three months ended in Mar. 2024 was C$5,226 Mil. Therefore, Air Canada's net margin for the quarter that ended in Mar. 2024 was -1.55%.

The historical rank and industry rank for Air Canada's Net Margin % or its related term are showing as below:

LTS:0SE9' s Net Margin % Range Over the Past 10 Years
Min: -79.67   Med: 1.47   Max: 12.48
Current: 9.88


LTS:0SE9's Net Margin % is ranked better than
65.33% of 972 companies
in the Transportation industry
Industry Median: 5.395 vs LTS:0SE9: 9.88

Air Canada Net Margin % Historical Data

The historical data trend for Air Canada's Net Margin % 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.

* Premium members only.

Air Canada Net Margin % Chart

Air Canada Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.72 -79.67 -56.28 -10.27 10.42

Air Canada Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % 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 0.08 15.44 19.70 3.56 -1.55

Competitive Comparison of Air Canada's Net Margin %

For the Airlines subindustry, Air Canada's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution in the Transportation Industry

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

* The bar in red indicates where Air Canada's Net Margin % falls into.



Air Canada Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Air Canada's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=2276/21833
=10.42 %

Air Canada's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-81/5226
=-1.55 %

* 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  (LTS:0SE9) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Air Canada Net Margin % Related Terms

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Air Canada (LTS:0SE9) Business Description

Traded in Other Exchanges
Address
7373 Cote Vertu Boulevard West, Air Canada Centre, Saint-Laurent, QC, CAN, H4S 1Z3
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.

Air Canada (LTS:0SE9) Headlines

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