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Canadian (TSX) Aerospace and Defense Industry Analysis

UpdatedFeb 20, 2026
DataAggregated Company Financials
Companies6
  • 7D0.7%
  • 3M22.0%
  • 1Y25.8%
  • YTDn/a

Over the last 7 days, the Aerospace and Defense industry has remained flat, although notably Bombardier gained 13%. The past year has been better, since the industry has gained 26% in that time. Looking forward, earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

Has the Canadian Aerospace and Defense Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 20 Feb 2026CA$19.7bCA$7.4bCA$492.0m34.8x40.1x2.7x
Sun, 18 Jan 2026CA$21.6bCA$7.3bCA$550.3m35x39.3x2.9x
Tue, 16 Dec 2025CA$17.8bCA$7.3bCA$550.4m29.6x32.4x2.4x
Thu, 13 Nov 2025CA$16.6bCA$7.2bCA$553.7m27.2x30x2.3x
Sat, 11 Oct 2025CA$18.9bCA$7.1bCA$533.4m29.5x35.5x2.7x
Mon, 08 Sep 2025CA$18.5bCA$7.1bCA$533.4m28.5x34.7x2.6x
Wed, 06 Aug 2025CA$19.4bCA$6.9bCA$509.2m31.4x38.1x2.8x
Fri, 04 Jul 2025CA$18.4bCA$6.9bCA$509.2m32x36.2x2.7x
Sun, 01 Jun 2025CA$15.9bCA$6.9bCA$509.6m27.9x31.2x2.3x
Tue, 29 Apr 2025CA$14.9bCA$6.6b-CA$155,116,347.0031.4x-96.2x2.3x
Thu, 27 Mar 2025CA$16.1bCA$6.6b-CA$154,582,760.0032.5x-104.1x2.4x
Sat, 22 Feb 2025CA$14.9bCA$6.4b-CA$183,304,965.0036.8x-81.1x2.3x
Mon, 20 Jan 2025CA$16.2bCA$7.0b-CA$238,270,923.0029.1x-68.1x2.3x
Wed, 18 Dec 2024CA$15.9bCA$7.0b-CA$238,353,204.0030.4x-66.8x2.3x
Fri, 15 Nov 2024CA$14.6bCA$6.9b-CA$244,972,895.0031.9x-59.5x2.1x
Sun, 13 Oct 2024CA$12.5bCA$6.8b-CA$249,720,880.0035x-49.9x1.8x
Tue, 10 Sep 2024CA$11.4bCA$6.8b-CA$249,720,880.0030.1x-45.5x1.7x
Thu, 08 Aug 2024CA$10.5bCA$6.7b-CA$264,203,632.0028.4x-39.9x1.6x
Sat, 06 Jul 2024CA$11.4bCA$6.6b-CA$278,245,632.0033.5x-41x1.7x
Mon, 03 Jun 2024CA$11.0bCA$6.7b-CA$288,139,006.0030.4x-38.3x1.7x
Wed, 01 May 2024CA$11.5bCA$6.9bCA$294.0m32.8x39x1.7x
Fri, 29 Mar 2024CA$11.9bCA$6.9bCA$296.3m34.2x40.3x1.7x
Sun, 25 Feb 2024CA$11.3bCA$6.8bCA$257.8m29.9x43.7x1.7x
Tue, 23 Jan 2024CA$11.2bCA$6.7bCA$273.9m30.4x41.1x1.7x
Thu, 21 Dec 2023CA$11.7bCA$6.7bCA$273.9m30.9x42.8x1.8x
Sat, 18 Nov 2023CA$11.7bCA$6.7bCA$271.0m31x43.3x1.8x
Mon, 16 Oct 2023CA$12.6bCA$6.5bCA$202.5m31.2x62.2x1.9x
Wed, 13 Sep 2023CA$13.1bCA$6.5bCA$202.7m32.7x64.7x2x
Fri, 11 Aug 2023CA$12.5bCA$6.5bCA$185.9m32x67.2x1.9x
Sun, 09 Jul 2023CA$11.7bCA$6.3bCA$125.6m39.6x93.3x1.9x
Tue, 06 Jun 2023CA$11.6bCA$6.3bCA$125.5m33x92.1x1.8x
Thu, 04 May 2023CA$11.8bCA$5.9bCA$74.3m28.7x158.5x2x
Sat, 01 Apr 2023CA$11.9bCA$5.9bCA$65.6m31.6x181.9x2x
Mon, 27 Feb 2023CA$12.1bCA$5.8bCA$104.3m51.7x116x2.1x
Price to Earnings Ratio

116x


Total Market Cap: CA$12.1bTotal Earnings: CA$104.3mTotal Revenue: CA$5.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Aerospace and Defense Industry Price to Earnings3Y Average 21.1x202420252026
Current Industry PE
  • Investors are optimistic on the Canadian Aerospace and Defense industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 40.1x which is higher than its 3-year average PE of 21.1x.
  • The 3-year average PS ratio of 2.1x is lower than the industry's current PS ratio of 2.7x.
Past Earnings Growth
  • The earnings for companies in the Aerospace and Defense industry have grown 68% per year over the last three years.
  • Revenues for these companies have grown 8.3% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Canadian Aerospace and Defense compare with similar industries?

CA Market2.64%
Industrials2.57%
Aerospace & Defense0.73%
Aerospace and Defense0.73%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
BBD.B BombardierCA$275.8413.2%
+CA$3.2b		206.5%PE21.1x
MDA MDA SpaceCA$39.0016.1%
+CA$685.6m		57.4%PE45x
MAL Magellan AerospaceCA$21.618.3%
+CA$94.8m		115.7%PE27.6x
DPRO DraganflyCA$10.1210.5%
+CA$22.3m		131.6%PS31.7x
MAXQ Maritime Launch ServicesCA$0.464.5%
+CA$15.1m		922.2%PE-32.9x

Latest News

DPRO
CA$10.12
Draganfly
7D
10.5%
1Y
131.6%
MDA
CA$39.00
MDA Space
7D
16.1%
1Y
57.4%
BBD.B
CA$275.84
Bombardier
7D
13.2%
1Y
206.5%

Bombardier (TSE:BBD.B) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Feb 19
Bombardier (TSE:BBD.B) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
XTRA
CA$0.52
Xtract One Technologies
7D
-1.9%
1Y
7.2%
CAE
CA$40.67
CAE
7D
-4.6%
1Y
12.6%
DFSC
CA$2.59
DEFSEC Technologies
7D
5.7%
1Y
-85.0%
MAL
CA$21.61
Magellan Aerospace
7D
8.3%
1Y
115.7%

Do Magellan Aerospace's (TSE:MAL) Earnings Warrant Your Attention?

Jan 31
Do Magellan Aerospace's (TSE:MAL) Earnings Warrant Your Attention?
MAXQ
CA$0.46
Maritime Launch Services
7D
4.5%
1Y
922.2%