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Canadian (TSX) Aerospace & Defense Industry Analysis

UpdatedJun 23, 2026
DataAggregated Company Financials
Companies9
  • 7D1.4%
  • 3M11.7%
  • 1Y27.5%
  • YTD13.6%

Over the last 7 days, the Aerospace & Defense industry has risen 3.8%, driven by gains from Bombardier of 1.8%. Meanwhile, Maritime Launch Services actually underperformed within the industry, shrinking 6.6% in the last week. This takes the industry's 12 month performance to a gain of 30%. As for the next few years, earnings are expected to grow by 18% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 23 Jun 2026CA$22.8bCA$7.8bCA$345.9m40.4x65.9x2.9x
Thu, 21 May 2026CA$22.0bCA$7.7bCA$407.0m33.8x54.1x2.8x
Sat, 18 Apr 2026CA$21.1bCA$7.6bCA$432.9m35.6x48.6x2.8x
Mon, 16 Mar 2026CA$19.1bCA$7.5bCA$491.0m32.2x38.8x2.5x
Wed, 11 Feb 2026CA$20.1bCA$7.3bCA$550.3m32.6x36.5x2.7x
Fri, 09 Jan 2026CA$19.1bCA$7.3bCA$550.3m33.3x34.8x2.6x
Sun, 07 Dec 2025CA$16.7bCA$7.3bCA$550.4m27.9x30.3x2.3x
Tue, 04 Nov 2025CA$17.6bCA$7.1bCA$532.3m30.1x33.1x2.5x
Thu, 02 Oct 2025CA$19.0bCA$7.1bCA$533.4m31.2x35.5x2.7x
Sat, 30 Aug 2025CA$18.7bCA$7.1bCA$533.4m28.7x35.1x2.6x
Mon, 28 Jul 2025CA$18.9bCA$6.9bCA$509.2m31.1x37x2.7x
Wed, 25 Jun 2025CA$16.8bCA$6.9bCA$509.2m28.7x33x2.4x
Fri, 23 May 2025CA$15.2bCA$6.9bCA$509.6m27.3x29.9x2.2x
Sun, 20 Apr 2025CA$14.2bCA$6.6b-CA$155,116,347.0029.3x-91.7x2.2x
Tue, 18 Mar 2025CA$15.3bCA$6.6b-CA$154,582,760.0030.1x-99.1x2.3x
Thu, 13 Feb 2025CA$14.5bCA$6.3b-CA$290,446,923.0035.3x-49.8x2.3x
Sat, 11 Jan 2025CA$16.1bCA$7.0b-CA$238,270,923.0030.9x-67.6x2.3x
Mon, 09 Dec 2024CA$15.9bCA$7.0b-CA$238,353,204.0032.2x-66.8x2.3x
Wed, 06 Nov 2024CA$12.7bCA$6.8b-CA$248,773,895.0034.5x-51.1x1.9x
Fri, 04 Oct 2024CA$12.0bCA$6.8b-CA$249,720,880.0031x-48.1x1.8x
Sun, 01 Sep 2024CA$11.4bCA$6.8b-CA$257,655,032.0031.5x-44.1x1.7x
Tue, 30 Jul 2024CA$11.2bCA$6.6b-CA$278,245,632.0033.9x-40.1x1.7x
Thu, 27 Jun 2024CA$11.1bCA$6.6b-CA$278,245,632.0031x-40.1x1.7x
Sat, 25 May 2024CA$11.2bCA$6.9bCA$311.5m30.3x35.9x1.6x
Mon, 22 Apr 2024CA$11.2bCA$6.9bCA$296.3m32.6x37.9x1.6x
Wed, 20 Mar 2024CA$11.7bCA$6.9bCA$283.9m33.2x41.4x1.7x
Fri, 16 Feb 2024CA$11.1bCA$6.8bCA$256.0m30.2x43.5x1.6x
Sun, 14 Jan 2024CA$11.5bCA$6.7bCA$273.9m29.9x42.1x1.7x
Tue, 12 Dec 2023CA$11.4bCA$6.7bCA$273.9m31.6x41.7x1.7x
Thu, 09 Nov 2023CA$11.9bCA$6.5bCA$230.0m29.8x51.8x1.8x
Sat, 07 Oct 2023CA$12.8bCA$6.5bCA$202.4m32.4x63x2x
Mon, 04 Sep 2023CA$13.2bCA$6.5bCA$202.6m32.2x65.3x2x
Wed, 02 Aug 2023CA$12.1bCA$6.3bCA$125.6m39.6x96.6x1.9x
Fri, 30 Jun 2023CA$11.7bCA$6.3bCA$125.6m38x93.1x1.9x
Price to Earnings Ratio

93.1x


Total Market Cap: CA$11.7bTotal Earnings: CA$125.6mTotal Revenue: CA$6.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Aerospace & Defense Industry Price to Earnings3Y Average 11.2x202420252026
Current Industry PE
  • Investors are optimistic on the Canadian Aerospace & Defense industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 66.0x which is higher than its 3-year average PE of 11.2x.
  • The 3-year average PS ratio of 2.2x is lower than the industry's current PS ratio of 2.9x.
Past Earnings Growth
  • The earnings for companies in the Aerospace & Defense industry have grown 40% per year over the last three years.
  • Revenues for these companies have grown 7.3% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Canadian Industrials industry?

CA Market-0.94%
Industrials-0.89%
Aerospace & Defense1.36%
Aerospace and Defense1.36%
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$315.051.8%
+CA$545.7m		181.8%PE23x
MDA MDA SpaceCA$56.024.9%
+CA$366.3m		75.9%PE73.9x
FLT Volatus AerospaceCA$0.613.4%
+CA$14.7m		134.6%PS13.1x

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