CAE
CAE Inc.
NYSE: CAE · INDUSTRIALS · AEROSPACE & DEFENSE
$25.42
-0.55% today
Updated 2026-04-29
Market cap
$8.18B
P/E ratio
29.56
P/S ratio
1.68x
EPS (TTM)
$0.86
Dividend yield
—
52W range
$24 – $34
Volume
0.8M
CAE Inc. (CAE) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.11B | $1.25B | $1.42B | $1.66B | $1.53B | $1.63B | $1.82B | $2.10B | $2.11B | $2.25B | $2.51B | $2.70B | $2.83B | $3.30B | $2.55B | $2.98B | $3.37B | $4.01B | $4.28B | $4.71B |
| Revenue growth (YoY) | — | +13.0% | +13.8% | +16.8% | -8.2% | +6.7% | +11.8% | +15.6% | +0.5% | +6.2% | +11.9% | +7.6% | +4.6% | +16.8% | -23.0% | +17.1% | +13.1% | +19.0% | +6.8% | +9.9% |
| Cost of revenue | $972.30M | $1.05B | $1.17B | $1.36B | $1.26B | $1.37B | $1.22B | $1.48B | $1.52B | $1.64B | $1.82B | $1.89B | $1.95B | $2.36B | $1.82B | $2.22B | $2.42B | $2.93B | $3.13B | $3.41B |
| Gross profit | $134.90M | $197.50M | $251.50M | $303.60M | $264.10M | $258.30M | $600.10M | $621.70M | $596.90M | $603.70M | $695.90M | $811.20M | $876.90M | $941.50M | $729.83M | $765.00M | $955.50M | $1.08B | $1.15B | $1.30B |
| Gross margin | 12.2% | 15.8% | 17.7% | 18.3% | 17.3% | 15.9% | 33.0% | 29.5% | 28.2% | 26.9% | 27.7% | 30.0% | 31.0% | 28.5% | 28.7% | 25.7% | 28.3% | 27.0% | 27.0% | 27.6% |
| R&D | $82.00M | $69.42M | $76.11M | $72.72M | $0.00 | $0.00 | $62.80M | $60.60M | $68.40M | $64.10M | $87.60M | $111.00M | $114.90M | $101.40M | $68.99M | $104.70M | $120.80M | $129.00M | $149.80M | $123.20M |
| SG&A | $0.00 | $0.00 | $0.00 | $0.00 | $185.25M | $242.84M | $256.00M | $269.90M | $287.10M | $264.60M | $311.50M | $364.40M | $380.80M | $415.20M | $437.50M | $398.90M | $494.40M | $504.80M | $536.80M | $565.40M |
| Operating income | $134.90M | $197.50M | $251.50M | $303.60M | $230.00M | $-259.30M | $302.10M | $245.70M | $291.80M | $332.80M | $335.50M | $364.70M | $461.00M | $480.60M | $357.33M | $48.40M | $284.20M | $466.00M | $-185.40M | $729.20M |
| Operating margin | 12.2% | 15.8% | 17.7% | 18.3% | 15.1% | -15.9% | 16.6% | 11.7% | 13.8% | 14.8% | 13.4% | 13.5% | 16.3% | 14.5% | 14.0% | 1.6% | 8.4% | 11.6% | -4.3% | 15.5% |
| EBITDA | $246.50M | $269.10M | $329.80M | $398.70M | $323.20M | $396.70M | $412.30M | $364.10M | $442.00M | $531.70M | $540.70M | $565.20M | $644.00M | $682.60M | $573.23M | $351.00M | $577.10M | $785.90M | $164.60M | $1.12B |
| EBITDA margin | 22.3% | 21.5% | 23.2% | 24.0% | 21.2% | 24.4% | 22.6% | 17.3% | 20.9% | 23.7% | 21.5% | 20.9% | 22.8% | 20.7% | 22.5% | 11.8% | 17.1% | 19.6% | 3.8% | 23.8% |
| EBIT | $168.90M | $197.50M | $251.50M | $307.70M | $229.20M | $298.80M | $298.50M | $206.80M | $274.90M | $342.60M | $322.90M | $353.30M | $444.40M | $470.10M | $362.17M | $31.50M | $266.60M | $443.70M | $-210.20M | $707.60M |
| Interest expense | $75.60M | $28.50M | $138.60M | $24.20M | $26.00M | $30.70M | $35.80M | $58.30M | $58.90M | $80.70M | $62.60M | $59.01M | $58.80M | $68.42M | $105.60M | $113.14M | $110.37M | $135.83M | $180.20M | $193.90M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $64.90M | $127.40M | $43.70M | $199.40M | $144.50M | $169.80M | $180.30M | $139.40M | $190.00M | $201.80M | $229.70M | $251.50M | $347.00M | $330.00M | $218.78M | $-47.20M | $141.70M | $222.70M | $-304.00M | $405.30M |
| Net income growth (YoY) | — | +96.3% | -65.7% | +356.3% | -27.5% | +17.5% | +6.2% | -22.7% | +36.3% | +6.2% | +13.8% | +9.5% | +38.0% | -4.9% | -33.7% | -121.6% | +400.2% | +57.2% | -236.5% | +233.3% |
| Profit margin | 5.9% | 10.2% | 3.1% | 12.0% | 9.5% | 10.4% | 9.9% | 6.6% | 9.0% | 9.0% | 9.1% | 9.3% | 12.3% | 10.0% | 8.6% | -1.6% | 4.2% | 5.6% | -7.1% | 8.6% |