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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%

The Aerospace & Defense industry is up 1.4% in the last week, with Bombardier up 1.8%. In the same time, Maritime Launch Services was down 6.6%. This takes the industry's 12 month performance to a gain of 28%. Earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 24 Jun 2026CA$22.8bCA$7.8bCA$345.9m40.4x65.9x2.9x
Fri, 22 May 2026CA$22.4bCA$7.7bCA$407.0m36.3x55x2.9x
Sun, 19 Apr 2026CA$20.9bCA$7.6bCA$432.9m35.6x48.3x2.8x
Tue, 17 Mar 2026CA$19.1bCA$7.5bCA$491.0m32.2x38.8x2.5x
Thu, 12 Feb 2026CA$20.3bCA$7.3bCA$550.3m31.6x36.8x2.8x
Sat, 10 Jan 2026CA$19.8bCA$7.3bCA$550.3m33.9x36x2.7x
Mon, 08 Dec 2025CA$16.7bCA$7.3bCA$550.4m27.9x30.3x2.3x
Wed, 05 Nov 2025CA$17.4bCA$7.1bCA$532.3m28.5x32.7x2.5x
Fri, 03 Oct 2025CA$18.7bCA$7.1bCA$533.4m30.9x35x2.6x
Sun, 31 Aug 2025CA$18.6bCA$7.1bCA$533.4m28.7x34.9x2.6x
Tue, 29 Jul 2025CA$18.9bCA$6.9bCA$509.2m30.9x37x2.7x
Thu, 26 Jun 2025CA$16.8bCA$6.9bCA$509.2m28.6x33x2.4x
Sat, 24 May 2025CA$15.6bCA$6.9bCA$509.6m27.2x30.6x2.2x
Mon, 21 Apr 2025CA$14.2bCA$6.6b-CA$155,116,347.0029.3x-91.7x2.2x
Wed, 19 Mar 2025CA$15.4bCA$6.6b-CA$154,582,760.0030x-99.3x2.3x
Fri, 14 Feb 2025CA$14.3bCA$6.3b-CA$290,446,923.0036.1x-49.2x2.3x
Sun, 12 Jan 2025CA$16.1bCA$7.0b-CA$238,270,923.0030.9x-67.7x2.3x
Tue, 10 Dec 2024CA$15.9bCA$7.0b-CA$238,353,204.0032.1x-66.8x2.3x
Thu, 07 Nov 2024CA$13.1bCA$6.8b-CA$246,602,895.0030x-53x1.9x
Sat, 05 Oct 2024CA$12.0bCA$6.8b-CA$249,720,880.0031.5x-47.9x1.8x
Mon, 02 Sep 2024CA$11.4bCA$6.8b-CA$257,655,032.0031.5x-44.1x1.7x
Wed, 31 Jul 2024CA$11.3bCA$6.6b-CA$278,245,632.0033.5x-40.6x1.7x
Fri, 28 Jun 2024CA$11.2bCA$6.6b-CA$278,245,632.0035.2x-40.4x1.7x
Sun, 26 May 2024CA$11.1bCA$6.9bCA$311.5m30.3x35.5x1.6x
Tue, 23 Apr 2024CA$11.2bCA$6.9bCA$296.3m32.6x37.9x1.6x
Thu, 21 Mar 2024CA$11.7bCA$6.9bCA$283.9m33.2x41.4x1.7x
Sat, 17 Feb 2024CA$11.3bCA$6.8bCA$257.8m29.7x43.9x1.7x
Mon, 15 Jan 2024CA$11.5bCA$6.7bCA$273.9m29.9x42.1x1.7x
Wed, 13 Dec 2023CA$11.4bCA$6.7bCA$273.9m31.3x41.7x1.7x
Fri, 10 Nov 2023CA$12.1bCA$6.6bCA$233.1m30.3x52x1.8x
Sun, 08 Oct 2023CA$12.8bCA$6.5bCA$202.5m32.4x63x2x
Tue, 05 Sep 2023CA$13.2bCA$6.5bCA$202.6m32.2x65.3x2x
Thu, 03 Aug 2023CA$12.0bCA$6.3bCA$125.5m39.4x95.8x1.9x
Sat, 01 Jul 2023CA$12.0bCA$6.3bCA$125.6m38.2x95.5x1.9x
Price to Earnings Ratio

95.5x


Total Market Cap: CA$12.0bTotal 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 65.9x 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$318.642.9%
+CA$895.1m		178.8%PE23.2x
MDA MDA SpaceCA$55.054.7%
+CA$344.1m		71.3%PE72.6x
XTRA Xtract One TechnologiesCA$0.617.0%
+CA$10.4m		86.3%PS6.6x
FLT Volatus AerospaceCA$0.591.7%
+CA$7.3m		81.5%PS12.7x

Latest News

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CA$2.55
Sparc AI
7D
-8.9%
1Y
900.0%
Analysis Article • 18h

SPARC AI’s AUKUS Registration Removes a Barrier to US and UK Defence Expansion

SPARC AI’s latest approval could support expansion into larger defence markets. It also removes a practical barrier to collaboration.
CAE
CA$35.33
CAE
7D
-1.1%
1Y
-2.6%
MDA
CA$55.05
MDA Space
7D
4.7%
1Y
71.3%
BBD.B
CA$318.64
Bombardier
7D
2.9%
1Y
178.8%
Analysis Article • Jun 21

Bombardier (TSX:BBD.B) Stock Could Be 2.4% Overvalued After Global 8000 Milestones

Bombardier (TSX:BBD.B) has drawn fresh investor interest after delivering the first Global 8000 aircraft in Africa to Nigeria’s BUA Group, shortly after unveiling a bespoke Global 8000 cabin collaboration with ELIE SAAB. See our latest analysis for Bombardier. These Global 8000 milestones appear to line up with strong momentum in Bombardier’s stock, with the CA$314.87 share price supported by a 90 day share price return of 35.4% and a five year total shareholder return approaching 9x. If you...
DPRO
CA$7.67
Draganfly
7D
-4.1%
1Y
119.1%
XTRA
CA$0.61
Xtract One Technologies
7D
7.0%
1Y
86.3%
MAL
CA$30.99
Magellan Aerospace
7D
-1.6%
1Y
64.5%
FLT
CA$0.59
Volatus Aerospace
7D
1.7%
1Y
81.5%
DFSC
CA$4.72
DEFSEC Technologies
7D
-11.6%
1Y
-59.1%
MAXQ
CA$0.49
Maritime Launch Services
7D
-6.6%
1Y
890.0%