Air Canada Debt to Equity Ratio 2018-2026 | ACDVF

Current and historical debt to equity ratio values for Air Canada (ACDVF) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. Air Canada debt/equity for the three months ending June 30, 2026 was 3.52.
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Air Canada Debt/Equity Ratio Historical Data
Date Long Term Debt Shareholder's Equity Debt to Equity Ratio
2026-06-30 $22.43B $1.93B 11.60
2026-03-31 $22.14B $1.98B 11.17
2025-12-31 $20.49B $1.85B 11.05
2025-09-30 $20.94B $1.58B 13.22
2025-06-30 $21.23B $1.29B 16.43
2025-03-31 $20.87B $1.39B 15.04
2024-12-31 $21.03B $1.74B 12.07
2024-09-30 $20.82B $2.27B 9.19
2024-06-30 $21.32B $0.85B 25.05
2024-03-31 $21.50B $0.52B 41.15
2023-12-31 $21.78B $0.59B 36.94
2023-09-30 $21.72B $0.41B 53.00
2023-06-30 $23.33B $-0.43B -53.98
2023-03-31 $23.65B $-1.12B -21.13
2022-12-31 $23.89B $-1.20B -19.98
2022-09-30 $24.28B $-1.48B -16.41
2022-06-30 $24.92B $-1.14B -21.83
2022-03-31 $24.39B $-0.92B -26.65
2021-12-31 $24.42B $0.01B 3400.56
2021-09-30 $23.96B $0.12B 207.97
2021-06-30 $21.11B $0.47B 44.93
2021-03-31 $20.98B $0.71B 29.38
2020-12-31 $20.30B $1.28B 15.86
2020-09-30 $20.15B $1.29B 15.65
2020-06-30 $19.74B $1.47B 13.39
2020-03-31 $17.95B $3.18B 5.65
2019-12-31 $17.60B $3.32B 5.31
2019-09-30 $17.77B $3.06B 5.80
2019-06-30 $18.17B $2.52B 7.22
2019-03-31 $18.01B $2.47B 7.28
2018-12-31 $11.70B $3.11B 3.76
2018-09-30 $11.66B $3.48B 3.35
2018-06-30 $12.58B $3.03B 4.15
2018-03-31 $12.39B $2.62B 4.74
2017-12-31 $11.05B $2.61B 4.24
2017-09-30 $11.45B $2.45B 4.68
2017-06-30 $11.50B $0.89B 12.92
2017-03-31 $11.29B $0.70B 16.15
Sector Industry Market Cap Revenue
Transportation Transportation - Airlines $5.548B $16.011B
Air Canada provides airline and scheduled passenger services primarily in the Canadian market, the Canada-U.S. transborder market and in the international market to and from Canada. It operates primarily in Canada, the United States, Europe, Asia, the Middle East and the Caribbean. Air Canada is based in Montreal, Canada.
Stock Name Country Market Cap PE Ratio
Delta Air Lines (DAL) United States $52.478B 14.61
United Airlines Holdings Inc (UAL) United States $35.367B 12.03
Ryanair Holdings (RYAAY) Ireland $27.556B 12.22
International Consolidated Airlines Group SA (ICAGY) Spain $24.409B 2.81
Southwest Airlines (LUV) United States $19.334B 19.00
LATAM Airlines Group S.A (LTM) Chile $14.588B 9.11
Cathay Pacific Airways (CPCAY) Hong Kong, SAR China $12.278B 0.00
Deutsche Lufthansa AG (DLAKY) Germany $10.542B 12.90
ANA Holdings (ALNPY) Japan $9.490B 9.69
American Airlines Group (AAL) United States $8.672B 0.00
Japan Airlines (JAPSY) Japan $8.379B 11.40
Air China (AIRYY) China $7.893B 28.27
Easyjet (EJTTF) United Kingdom $6.739B 0.00
Copa Holdings, S.A (CPA) Panama $5.245B 8.38
Alaska Air (ALK) United States $4.536B 0.00
Flughafen Wien AG (VIAAY) Austria $4.351B 19.36
Corporacion America Airports S.A (CAAP) Luxembourg $4.020B 13.67
SkyWest (SKYW) United States $3.769B 9.94
Air France-KLM SA (AFLYY) France $3.363B 2.72
Allegiant Travel (ALGT) United States $2.146B 11.66
JetBlue Airways (JBLU) United States $1.645B 0.00
Frontiers (ULCC) United States $1.296B 0.00
Bristow Group (VTOL) United States $1.243B 12.08
Azul S.A - (AZUL) Brazil $1.233B 0.00
Sun Country Airlines Holdings (SNCY) United States $0.939B 17.50
Republic Airways Holdings (RJET) United States $0.826B 8.46
Controladora Vuela Compania De Aviacion, S.A.B De C.V (VLRS) Mexico $0.749B 0.00
XCF Global Capital (SAFX) United States $0.180B 0.00
Harbor Diversified (HRBR) United States $0.157B 0.00
Surf Air Mobility (SRFM) United States $0.060B 0.00
China Eastern Airlines (CEA) China $0.000B 0.00
China Southern Airlines (ZNH) China $0.000B 0.00