TSX · Airlines · CAD

Exchange Income Corporation (EIF.TO) Stock Analysis

Exchange Income Corporation (EIF.TO) is a Airlines stock listed on TSX and quoted in Canadian Dollar.

EIF.TO

CA$120.46

+CA$1.28 (+1.07%)

Sep 4, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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EIF.TO Key Statistics

As of Sep 4, 2026

Trading

Open: CA$118.60
Previous Close: CA$119.18
Day's Range: 118.60–120.46
52-Week Range: 69.67–136.75
Volume: 108.50K
Beta: 0.90

Valuation

Market Cap: CA$6.79B
P/E Ratio: 32.64
Forward P/E: 22.73
P/S ratio: 1.83
EPS (ttm): 3.69

Financials (FY)

Revenue (FY): CA$3.28B+23.22%
Net Income (FY): CA$167.52M+38.18%
Profit margin: 5.53%
Shares Outstanding: 56.39M
1-Year Return: +74.40%

Dividend and dates

Dividend: CA$2.88+2.42%
Ex-Dividend Date: August 31, 2026
Earnings Date: November 5, 2026
Avg Volume: 154.73K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

EIF.TO Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

−15.09%+67.92%+49.13%

2016*2017201820192020202120222023202420252026*

Year	Return
2026 (partial year)	+49.13%
2025	+45.29%
2024	+37.59%
2023	−9.76%
2022	+31.82%
2021	+21.59%
2020	−11.59%
2019	+67.92%
2018	−15.09%
2017	−9.33%
2016 (partial year)	+22.10%

As of September 4, 2026.

EIF.TO Revenue and Earnings by Fiscal Year

FY ends December

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	CA$3.28B	CA$167.52M	5.1%
2024	CA$2.66B	CA$121.24M	4.6%
2023	CA$2.50B	CA$122.31M	4.9%
2022	CA$2.06B	CA$109.67M	5.3%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	CA$3.28B	CA$812.15M	CA$369.46M	CA$167.52M	5.1%
2024	CA$2.66B	CA$657.74M	CA$317.65M	CA$121.24M	4.6%
2023	CA$2.50B	CA$594.49M	CA$289.70M	CA$122.31M	4.9%
2022	CA$2.06B	CA$491.35M	CA$236.73M	CA$109.67M	5.3%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

EIF.TO Dividend History

’16’17’18’19’20’21’22’23’24’25’26*

CA$2.66+0.8% vs 2024

Dividends per share, 2025 · 12 payments

Year	Dividends per share	Payments	Change
2026*	CA$1.85	8	—
2025	CA$2.66	12	+0.8%
2024	CA$2.64	12	+3.9%
2023	CA$2.54	12	+5.4%

Year	Dividends per share	Payments	Change
2026 (partial year)	CA$1.85	8	—
2025	CA$2.66	12	+0.8%
2024	CA$2.64	12	+3.9%
2023	CA$2.54	12	+5.4%
2022	CA$2.41	12	+5.7%
2021	CA$2.28	12	+0.0%
2020	CA$2.28	12	+2.2%
2019	CA$2.23	12	+2.3%
2018	CA$2.18	12	+3.8%
2017	CA$2.10	12	+206.1%
2016	CA$0.69	4	—

Most recent payment: CA$0.23 per share, ex-dividend August 31, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

EIF.TO Valuation vs Airlines Median

Median of 22 stocks

Metric	EIF.TO	Airlines median	vs median
P/E	32.64	13.12	149% above
P/S ratio	1.83	0.57	3.2x the median
Profit margin	5.53%	3.54%	2.0 pts above

Medians across 22 Airlines stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Analysis

Data-derived

Company Overview

Exchange Income Corporation (EIF.TO) carries a market capitalisation of CA$6.79B. It is classified in the Airlines industry, within the Industrials sector.

The 52-week range on file runs from CA$69.67 to CA$136.75. The most recent close on file for EIF.TO is CA$120.46, dated September 4, 2026. That is +CA$1.28 (+1.07%) against the previous close. The latest close sits 72.9% above that 52-week low.

Financial Health

In fiscal 2025, Exchange Income Corporation reported revenue of CA$3.28B. Against the prior fiscal year total of CA$2.66B, that is a change of +23.22%. Net income for the same year was CA$167.52M. That is +38.18% against the prior fiscal year. Profit margin runs at 5.53%. That is 2 percentage points above the Airlines median of 3.54%. Trailing earnings per share are 3.69.

Across the 4 fiscal years on file, revenue moves from CA$2.06B in 2022 to CA$3.28B in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 32.64. That is 148.78% above the Airlines median of 13.12. The forward P/E on file is 22.73. Measured against sales, the shares trade at 1.83 times revenue. On price-to-sales that is 3.2 times the Airlines median of 0.57. The medians here are taken across 22 Airlines companies that report the metric.

The reported beta is 0.9. Annualized volatility over the trailing 10 years is 32.83%. Over the trailing twelve months the price has returned +74.40%. Across 10 years the annualized return works out at +19.74%.

Growth & Income

The trailing dividend yield is 2.42%. That is 0.5 percentage points above the Airlines median yield of 1.89%. At the indicated rate that is CA$2.88 a share a year. The ex-dividend date on file is August 31, 2026. Dividends are recorded for 11 calendar years; 2026 shows 8 payments totalling CA$1.85 a share. The year before, 2025, totalled CA$2.66 a share.

2026 is still running; the price is +49.13% year to date. The strongest complete calendar year on file is 2019 at +67.92%; the weakest is 2018 at −15.09%. Of the 9 complete calendar years on file, 5 finished higher.

Peer Comparison

Exchange Income Corporation (EIF.TO) operates in the Airlines industry. Here is how it compares to its closest peers by market capitalization:

Company	Ticker	Market Cap	P/E Ratio
Exchange Income Corporation	EIF.TO	CA$6.79B	32.6
Delta Air Lines, Inc.	DAL	CA$52.72B	13.1
United Airlines Holdings, Inc.	UAL	CA$36.15B	10.4
Ryanair Holdings plc	RYAAY	CA$28.70B	13.2

The Airlines industry average P/E ratio is 13.1x. Exchange Income Corporation trades at a P/E of 32.6.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About Exchange Income Corporation

Exchange Income Corporation, together with its subsidiaries, engages in aerospace and aviation, and manufacturing markets worldwide. The company operates in two segments, Aerospace & Aviation, and Manufacturing. The Aerospace & Aviation segment offers fixed wing and rotary wing; and medevac, passenger, charter, freight services, and auxiliary services; and operates flight schools. This segment also provides mission systems design and integration, aircraft modifications, intelligence, surveillance, reconnaissance operations, software development, logistics, and in-service support; and aftermarket aircraft, engine and parts sales, aircraft and engine leasing, and aircraft management services. The Manufacturing segment turnkey services, such as planning, consultation, delivery and installation, logistical support, and removal and washing solutions; design, manufacture, and installation of the exteriors of residential and mixed-use high rise buildings which integrate residential, retail, and office spaces; and wireless and wireline construction and maintenance services; manufacture services of precision parts and components and portable hydronic climate control equipment, as well as specialized heavy-duty pressure washing and steam systems, commercial water recycling systems, and custom tanks. Exchange Income Corporation is headquartered in Winnipeg, Canada.

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