CAE Inc. logo

CAE Inc.

CAE

NASDAQIndustrialsAerospace & Defense

Previous close

$24.91

−$0.08 · -0.32%

Aug 21, 4:00 PM ET

CAE company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

66

Undervalued

Momentum

40

Weakening

Sentiment

58

Mixed

Risk resilience

62

Moderate Risk

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Company profile

Company website

CAE Inc. is a global entity dedicated to delivering advanced simulation-based training and vital operational assistance. The company structures its diverse operations into three primary business segments: Civil Aviation, Defense and Security, and Healthcare. Its Civil Aviation division offers an extensive suite of training solutions for various aviation professionals, including flight, cabin, maintenance, and ground personnel, across commercial, business, and helicopter sectors. This segment also manufactures cutting-edge flight simulation training devices, provides initial pilot (ab initio) instruction, and offers crew placement services. Furthermore, it supplies integrated digital platforms for crew management, training operations, and optimization software. The Defense and Security segment is focused on providing crucial training and mission support capabilities for military forces engaged in multi-domain operations. Its services also cater to original equipment manufacturers (OEMs), governmental bodies, and public safety organizations. Within the Healthcare segment, CAE develops comprehensive educational and training systems. These offerings include simulations for interventional procedures and imaging, structured curricula, audiovisual debriefing tools, platforms for managing simulation centers, and lifelike patient simulators. These resources are utilized by a broad range of clients, from healthcare students and clinical professionals to hospital and university simulation centers, medical and nursing schools, paramedic services, military medical units, professional societies, public health agencies, and OEMs. Founded in 1947, the company was originally known as CAE Industries Ltd. before officially adopting the name CAE Inc. in 1993. Its corporate headquarters are located in Saint-Laurent, Canada.

Industry
Aerospace & Defense
Sector
Industrials
Headquarters
CA
CEO
Matthew F. Bromberg
Listed since
Jul 29, 2002
Employees
13,000

Market position

Day range

Current $24.91

52-week range

Current $24.91

Open
$25.07
Previous close
$24.99
Volume
521.08K
0.65× average
Average volume
799.06K
Average daily volume
Market cap
8.01B USD
Beta
1.04
Market reference 1
50-day average
$25.648
-2.88% below average
200-day average
$27.6323
-9.85% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
14.34B CAD
P/E (TTM)
38.29×
P/B (TTM)
2.04×
P/S (TTM)
2.21×
EV / EBITDA
13.22×
Earnings yield
2.70%
Free cash flow yield
5.03%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
28.57%
Operating margin
13.48%
Net margin
5.75%
Return on equity
5.90%
Return on assets
2.81%
Return on invested capital
5.55%

Financial health

Debt / equity
0.59×
Current ratio
0.96×
Altman Z-score
2.02
Piotroski F-score
7 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends32%18%4%-11%Gross margin, FY2022: 28.34%Gross margin, FY2023: 27.02%Gross margin, FY2024: 26.96%Gross margin, FY2025: 27.62%Gross margin, FY2026: 27.27%Operating margin, FY2022: 8.43%Operating margin, FY2023: 11.62%Operating margin, FY2024: -4.33%Operating margin, FY2025: 15.49%Operating margin, FY2026: 12.67%Net margin, FY2022: 4.20%Net margin, FY2023: 5.55%Net margin, FY2024: -7.10%Net margin, FY2025: 8.61%Net margin, FY2026: 6.37%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 28.34%. Gross margin FY2023 27.02%. Gross margin FY2024 26.96%. Gross margin FY2025 27.62%. Gross margin FY2026 27.27%. Operating margin FY2022 8.43%. Operating margin FY2023 11.62%. Operating margin FY2024 -4.33%. Operating margin FY2025 15.49%. Operating margin FY2026 12.67%. Net margin FY2022 4.20%. Net margin FY2023 5.55%. Net margin FY2024 -7.10%. Net margin FY2025 8.61%. Net margin FY2026 6.37%.

Income trends

Revenue

4.93B CAD+4.65%

Operating income

624.11M CAD-14.41%

Net income

313.91M CAD-22.55%
Income trends across reported periods5.45B CAD3.36B CAD1.27B CAD−827.07M CADRevenue, FY2022: 3.37B CADRevenue, FY2023: 4.01B CADRevenue, FY2024: 4.28B CADRevenue, FY2025: 4.71B CADRevenue, FY2026: 4.93B CADOperating income, FY2022: 284.2M CADOperating income, FY2023: 466M CADOperating income, FY2024: −185.4M CADOperating income, FY2025: 729.2M CADOperating income, FY2026: 624.11M CADNet income, FY2022: 141.7M CADNet income, FY2023: 222.7M CADNet income, FY2024: −304M CADNet income, FY2025: 405.3M CADNet income, FY2026: 313.91M CADFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 3.37B CAD. Revenue FY2023 4.01B CAD. Revenue FY2024 4.28B CAD. Revenue FY2025 4.71B CAD. Revenue FY2026 4.93B CAD. Operating income FY2022 284.2M CAD. Operating income FY2023 466M CAD. Operating income FY2024 −185.4M CAD. Operating income FY2025 729.2M CAD. Operating income FY2026 624.11M CAD. Net income FY2022 141.7M CAD. Net income FY2023 222.7M CAD. Net income FY2024 −304M CAD. Net income FY2025 405.3M CAD. Net income FY2026 313.91M CAD.
Metric (CAD)FY2026FY2025FY2024FY2023FY2022
Revenue4.93B CAD4.71B CAD4.28B CAD4.01B CAD3.37B CAD
Cost of goods sold3.58B CAD3.41B CAD3.13B CAD2.93B CAD2.42B CAD
Gross profit1.34B CAD1.3B CAD1.15B CAD1.08B CAD955.5M CAD
Research and development95.25M CAD123.2M CAD149.8M CAD129M CAD120.8M CAD
Selling, general, and administrative624.21M CAD565.4M CAD536.8M CAD504.8M CAD494.4M CAD
Operating expenses719.45M CAD570.9M CAD1.34B CAD617.5M CAD671.3M CAD
Interest income18.65M CAD13.8M CAD11M CAD9.91M CAD10.23M CAD
Interest expense231.3M CAD193.9M CAD180.2M CAD135.83M CAD110.37M CAD
Depreciation and amortization452.17M CAD414.7M CAD374.8M CAD342.2M CAD310.5M CAD
Operating income624.11M CAD729.2M CAD−185.4M CAD466M CAD284.2M CAD
Net income313.91M CAD405.3M CAD−304M CAD222.7M CAD141.7M CAD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
64%
7 beats, 1 miss, 3 met estimates
Average EPS surprise
+1.93%
11 comparable reports
Latest EPS result
0.19
Estimate 0.17 · Beat by 11.76%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.370.290.20.12Q1 '25BeatQ2 '25BeatQ3 '25MetQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 13, 2025: actual 0.21, estimate 0.2, surprise +5.00%, Beat. Q2 2025, reported May 13, 2025: actual 0.33, estimate 0.32, surprise +3.13%, Beat. Q3 2025, reported Aug 12, 2025: actual 0.15, estimate 0.15, surprise 0.00%, Met estimate. Q4 2025, reported Nov 11, 2025: actual 0.17, estimate 0.14, surprise +21.43%, Beat. Q1 2026, reported Feb 12, 2026: actual 0.24, estimate 0.22, surprise +9.09%, Beat. Q2 2026, reported May 21, 2026: actual 0.31, estimate 0.3, surprise +3.33%, Beat. Q3 2026, reported Aug 12, 2026: actual 0.19, estimate 0.17, surprise +11.76%, Beat. Q4 2026, reported Nov 10, 2026: actual —, estimate 0.19, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates991.94M914.2M836.45M758.71MQ1 '25BeatQ2 '25MissQ3 '25MissQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 13, 2025: actual 850.14M USD, estimate 809.36M USD, surprise +5.04%, Beat. Q2 2025, reported May 13, 2025: actual 886.2M USD, estimate 889.52M USD, surprise -0.37%, Miss. Q3 2025, reported Aug 12, 2025: actual 806.92M USD, estimate 826.47M USD, surprise -2.37%, Miss. Q4 2025, reported Nov 11, 2025: actual 887.88M USD, estimate 814.09M USD, surprise +9.06%, Beat. Q1 2026, reported Feb 12, 2026: actual 911.78M USD, estimate 918.99M USD, surprise -0.78%, Miss. Q2 2026, reported May 21, 2026: actual 953.79M USD, estimate 924.83M USD, surprise +3.13%, Beat. Q3 2026, reported Aug 12, 2026: actual 826.07M USD, estimate 796.86M USD, surprise +3.67%, Beat. Q4 2026, reported Nov 10, 2026: actual —, estimate 906.53M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$30.00

20.43% upside
Past 12 months12-month forecastHigh $34.00Average $30.00Low $26.00

Recent analyst actions

4 institutions
National Bank Financial IncmaintainOutperform

CAE news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.3169

2019 complete year+34.3% since 2015

Corporate action history

Dividend

Ex-dividend Mar 12, 2020

$0.0793

Quarterly

Record Mar 13, 2020 · Payment Mar 31, 2020

Dividend

Ex-dividend Dec 12, 2019

$0.0834

Quarterly

Record Dec 13, 2019 · Payment Dec 31, 2019

Dividend

Ex-dividend Sep 12, 2019

$0.0834

Quarterly

Record Sep 13, 2019 · Payment Sep 30, 2019

Dividend

Ex-dividend Jun 13, 2019

$0.0751

Quarterly

Record Jun 14, 2019 · Payment Jun 28, 2019

Dividend

Ex-dividend Mar 14, 2019

$0.0751

Quarterly

Record Mar 15, 2019 · Payment Mar 29, 2019

Dividend

Ex-dividend Dec 13, 2018

$0.0749

Quarterly

Record Dec 14, 2018 · Payment Dec 31, 2018

CAE peers

ETFs holding CAE

Funds reporting this stock among their holdings, ordered by reported position size.

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