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CAE Inc (CAE) stock

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NASDAQ: CAE Nasdaq Aerospace & Defense Next results ~November 11, 2026

C+ Fundamentals grade

CAE Inc is a US-listed company in the aerospace & defense industry. Its financial year ends in March.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$20

Cash-flow model

Base case. Range ~$14–$29 across our lower- and higher-growth cases (0.2%–10.2% a year).

Price vs value

Modestly overvalued

The price is inside our value range, 31% above our base value.

Price used: $26.37, November 2, 2026

CAE Inc valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Funds141 adding, 137 cuttingOf 44 active managers that changed their stake, 18 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter CAE files

Where CAE stands after its latest Filing

Revenue for the twelve months was $3.56bn, up 5.0% on a year earlier, slower than the 6.6% growth a quarter earlier. That puts it 48 of 57 for growth among the aerospace & defense companies we cover. Free-cash-flow margin rose to 10.3% from 4.3% a year earlier. Operating margin widened to 12.5% from 8.4%. Against its peers on growth, profitability, cash generation and balance sheet, it grades C+. It passes 2 of our 7 financial-health checks. Our cash-flow model value is $20.15 a share, against a share price of $25.80. At that price, our model says the market is pricing in about 8.7% a year of cash-flow growth for five years, close to the 9.5% a year revenue growth it has delivered.

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 11, 2026 (estimated)

CAE Inc's trailing-twelve-month revenue grew 5.0% year on year, with a free-cash-flow margin of 10.3%. Where it lags: revenue growth of 5.0% ranks 48 of 57 aerospace & defense companies we cover.

Our discounted-cash-flow model values the business at ~$20 per share in the base case (~$14–$29 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 6.1% while net income fell 22.3%: a 16pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.

Things to watch

  • Priced above our value. The share price of $26.37 is 24% above our value per share of $20.
  • Margins narrowing. Operating margin is down 3.0 points on a year ago.
  • Below peers: revenue growth. Revenue growth of 5.0% ranks 48 of 57 aerospace & defense companies we cover (median 15.5%).

Latest results

Earnings per share
$0.26 against an average estimate of $0.23: beat by 13.2%
Next report
November 11, 2026

CAE's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+2.2%
  • 1 week+1.1%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$3.6B
Operating margin
12.5%
Net margin
6.4%
EPS (TTM, diluted)
$0.70

Growth

Revenue growth
+5.0%
Change in growth rate
−1.6 pts
Share count change
+0.8%

Cash

Free cash flow (TTM)
$365M
FCF margin
10.3%
Stock pay % of revenue
0.7%

Earnings

Last results
February 18, 2005

News & updates

Updated November 2, 2026

Company announcements, filed results and changes that matter to shareholders.

No recent updates are available for CAE from the sources we follow. See filings →

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

CAE Inc valuation models and calculator

What the price is pricing in

The share price implies about 9.0% a year of cash-flow growth for five years.That is close to the 9.5% a year revenue growth CAE has delivered.

  • Priced in9.0%
  • Last 12 months5.0%
  • 3 years a year5.4%
  • 5 years a year9.5%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($26.38, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Sell12-month view
12-month price target
~$20
Price used
$26.38close November 3, 2026
Implied change
▼ 24%
Uncertainty
Medium

How we got here: a discounted-cash-flow model of CAE Inc's free cash flow after stock-based pay with after-tax interest added back ($424M, FY2026 Q4 TTM), growing 5.2% a year for five years and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$14–~$29 ; that spread sets a 25% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of CAE Inc's free cash flow after stock-based pay ( $424M, FY2026 Q4 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value CAE Inc as an operating company, with every model that fits that kind of business. Cost of equity 10.2%: the 10-year Treasury yield (4.9%) plus a beta of 1.16 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$20 ~$14–$29 Primary model, counts double
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. ~$19 ~$15–$25 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$5.1 ~$3.4–$7.4 Left out: out of range vs price (0.19x)
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$2.0 ~$1.8–$2.3 Left out: out of range vs price (0.08x)
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$20 ~$19–$20 2 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare CAE Inc with Aerospace & Defense in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −32%
  • Revenue growth 5 points higher ▲ +41%
  • Free-cash-flow margin 1 point lower ▼ −9%
  • Last year's free-cash-flow margin change, if it persists ▼ −10%
  • Discount rate 1 point higher ▼ −19%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $13$20$29$41$56$76
8.5% $8$13$20$28$39$54
10% $6$10$15$21$29$40

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Low.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 11, 2026, after the close.

Analysts' consensus

No analyst estimates are published for CAE Inc: too few analysts cover it.

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.23 $0.26 +13.2%
Mar 2026 $0.42 $0.42 +0.7%
Dec 2025 $0.30 $0.34 +11.5%
Sept 2025 $0.20 $0.23 +14.9%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

15 analysts, Nov 2026
Buy1173%
Hold320%
Sell17%

Monthly trend

  1. Nov 202665315
  2. Oct 2026553114
  3. Sep 2026553114

Counts of recommendations published by analysts covering CAE Inc, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
—
of tradable shares
Days to cover
7.79
at average volume
Short interest, 1 month
+3%
to October 15, 2026
Held by institutions
88%
of shares
Held by insiders
0.0%
of shares

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

Price behaviour

52-week range
Not enough history
From 52-week high
—
vs 50-day average
—
vs 200-day average
—
Volatility (1 year)
—
Beta vs S&P 500
—

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Options strategies

All options ideas

How CAE Inc’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Cash-secured put

Not offered: rated Sell.

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: no liquid put and call pair for the same expiry.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

CAE Inc in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) CAE Inc
$2B $2.5B $3B $3.5B $4B FY17 Q4 FY19 Q4 FY21 Q4 FY23 Q4 FY26 Q4 Revenue (TTM), FY17 Q4: $2.1B Revenue (TTM), FY18 Q4: $2.2B Revenue (TTM), FY19 Q4: $2.5B Revenue (TTM), FY20 Q4: $2.7B Revenue (TTM), FY21 Q4: $2.3B Revenue (TTM), FY22 Q4: $2.7B Revenue (TTM), FY23 Q4: $3B Revenue (TTM), FY24 Q4: $3.2B Revenue (TTM), FY25 Q4: $3.4B Revenue (TTM), FY26 Q4: $3.6B $3.6B

Source: SEC EDGAR filings. Retrieved November 2, 2026.

View chart data
Period Revenue (TTM)
FY17 Q4 $2.1B
FY18 Q4 $2.2B
FY19 Q4 $2.5B
FY20 Q4 $2.7B
FY21 Q4 $2.3B
FY22 Q4 $2.7B
FY23 Q4 $3B
FY24 Q4 $3.2B
FY25 Q4 $3.4B
FY26 Q4 $3.6B
Revenue growth, TTM YoY CAE Inc
-20% -10% 0% 10% 20% FY18 Q4 FY20 Q4 FY22 Q4 FY24 Q4 FY26 Q4 Revenue growth, TTM YoY, FY18 Q4: 6.8% Revenue growth, TTM YoY, FY19 Q4: 14.5% Revenue growth, TTM YoY, FY20 Q4: 8.1% Revenue growth, TTM YoY, FY21 Q4: -17.1% Revenue growth, TTM YoY, FY22 Q4: 19.2% Revenue growth, TTM YoY, FY23 Q4: 12.8% Revenue growth, TTM YoY, FY24 Q4: 4.7% Revenue growth, TTM YoY, FY25 Q4: 6.6% Revenue growth, TTM YoY, FY26 Q4: 5.0% 5.0%

Source: SEC EDGAR filings. Retrieved November 2, 2026.

View chart data
Period Revenue growth, TTM YoY
FY18 Q4 6.8%
FY19 Q4 14.5%
FY20 Q4 8.1%
FY21 Q4 -17.1%
FY22 Q4 19.2%
FY23 Q4 12.8%
FY24 Q4 4.7%
FY25 Q4 6.6%
FY26 Q4 5.0%
Operating margin (TTM) CAE Inc
-10% 0% 10% 20% FY17 Q4 FY19 Q4 FY21 Q4 FY23 Q4 FY26 Q4 Operating margin (TTM), FY17 Q4: 13.5% Operating margin (TTM), FY18 Q4: 16.4% Operating margin (TTM), FY19 Q4: 14.5% Operating margin (TTM), FY20 Q4: 14.8% Operating margin (TTM), FY21 Q4: 1.6% Operating margin (TTM), FY22 Q4: 8.4% Operating margin (TTM), FY23 Q4: 11.6% Operating margin (TTM), FY24 Q4: -4.3% Operating margin (TTM), FY25 Q4: 15.5% Operating margin (TTM), FY26 Q4: 12.5% 12.5%

Source: SEC EDGAR filings. Retrieved November 2, 2026.

View chart data
Period Operating margin (TTM)
FY17 Q4 13.5%
FY18 Q4 16.4%
FY19 Q4 14.5%
FY20 Q4 14.8%
FY21 Q4 1.6%
FY22 Q4 8.4%
FY23 Q4 11.6%
FY24 Q4 -4.3%
FY25 Q4 15.5%
FY26 Q4 12.5%
FCF margin (TTM) CAE Inc
0% 5% 10% 15% FY17 Q4 FY19 Q4 FY21 Q4 FY23 Q4 FY26 Q4 FCF margin (TTM), FY17 Q4: 8.9% FCF margin (TTM), FY18 Q4: 8.1% FCF margin (TTM), FY19 Q4: 8.4% FCF margin (TTM), FY20 Q4: 7.2% FCF margin (TTM), FY21 Q4: 8.7% FCF margin (TTM), FY22 Q4: 4.3% FCF margin (TTM), FY23 Q4: 3.5% FCF margin (TTM), FY24 Q4: 5.5% FCF margin (TTM), FY25 Q4: 11.5% FCF margin (TTM), FY26 Q4: 10.3% 10.3%

Source: SEC EDGAR filings. Retrieved November 2, 2026.

View chart data
Period FCF margin (TTM)
FY17 Q4 8.9%
FY18 Q4 8.1%
FY19 Q4 8.4%
FY20 Q4 7.2%
FY21 Q4 8.7%
FY22 Q4 4.3%
FY23 Q4 3.5%
FY24 Q4 5.5%
FY25 Q4 11.5%
FY26 Q4 10.3%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 40-F. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2026, from the 10-K

Each dollar CAE took in during FY2026, followed through to profit: what it cost to make, what went on research and running the business, and what was left after tax.

  1. Revenue $3.6B
  2. Cost of revenue $2.6B · 71.7%
  3. Gross profit $1B · 28.3%
  4. Research and development $104M · 2.9%
  5. Other operating costs $459M · 12.9%
  6. Operating income $443M · 12.5%
  7. Income tax $56.1M · 1.6%
  8. Interest and other $160M · 4.5%
  9. Net income $227M · 6.4%

Shares of revenue. Source: CAE's 10-K for FY2026, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2017 Mar 2017 2018 Mar 2018 2019 Mar 2019 2020 Mar 2020 2021 Mar 2021 2022 Mar 2022 2023 Mar 2023 2024 Mar 2024 2025 Mar 2025 2026 Mar 2026
Income
Revenue 2,061 2,201 2,520 2,723 2,257 2,690 3,034 3,177 3,386 3,557
Gross profit 618 684 718 814 579 762 820 856 935 1,007
EBITDA — — 532 633 278 475 611 140 823 776
Operating income 278 361 367 404 37 227 353 −138 524 443
Net income 192 270 252 234 −36 113 168 −225 292 227
Diluted EPS — — — — — — — — $0.91 $0.70
Growth (year on year)
Revenue — +6.8% +14.5% +8.1% −17.1% +19.2% +12.8% +4.7% +6.6% +5.0%
EBITDA — — — +19.0% −56.0% +70.4% +28.9% −77.0% +485.7% −5.7%
Operating income — +29.8% +1.6% +10.1% −90.9% — +55.5% −139.0% — −15.5%
Net income — +40.7% −6.7% −7.0% −115.3% — +49.0% −233.8% — −22.3%
Diluted EPS — — — — — — — — — −23.1%
Margins
Gross margin 30.0% 31.1% 28.5% 29.9% 25.7% 28.3% 27.0% 27.0% 27.6% 28.3%
EBITDA margin — — 21.1% 23.3% 12.3% 17.6% 20.2% 4.4% 24.3% 21.8%
Operating margin 13.5% 16.4% 14.5% 14.8% 1.6% 8.4% 11.6% −4.3% 15.5% 12.5%
Net margin 9.3% 12.3% 10.0% 8.6% −1.6% 4.2% 5.6% −7.1% 8.6% 6.4%
Free-cash-flow margin 8.9% 8.1% 8.4% 7.2% 8.7% 4.3% 3.5% 5.5% 11.5% 10.3%
Cash flow
Cash from operations 354 314 405 410 278 334 309 420 645 573
Capital spending 170 136 192 213 81 217 203 245 256 208
Free cash flow 184 179 213 197 196 116 106 176 389 365
Stock-based pay 22 18 7 11 7 5 5 11 18 27
Free cash flow after stock pay 162 161 205 186 189 111 101 165 370 338
Balance sheet
Cash 379 474 334 670 737 277 161 118 204 396
Total debt — 978 — 2,345 1,871 2,440 2,403 2,271 2,414 2,318
Net debt (negative = net cash) −379 504 −334 1,675 1,134 2,163 2,242 2,152 2,209 1,922
Diluted shares 270m 269m 268m 268m 272m 313m 318m 318m 320m 322m
Returned to shareholders
Dividends 61 70 76 83 0 — — — — —
Buybacks — — — — — — — 0 15 5
Total returned 61 70 76 83 0 — — 0 15 5

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 7 checks passed · March 31, 2026
What it owns · $8.0bn
Short-term assets $1.6bnLonger-term assets $6.4bn
What it owes, and who funded it · $7.9bn
Short-term liabilities $1.7bnLonger-term liabilities $2.4bnShareholders' equity $3.8bn
  • Short-term assets cover short-term liabilities $1.6bn of assets due within a year against $1.7bn of liabilities due within a year.
  • Short-term assets cover long-term liabilities $1.6bn short-term assets against $2.4bn of longer-dated liabilities.
  • More cash than debt $396m of cash against $2.3bn of debt.
  • Debt below 40% of shareholders' equity Debt is 61% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 68% to 61% over five years.
  • A year's operating cash flow covers at least 20% of debt $573m of operating cash flow against $2.3bn of debt.
  • Operating profit covers interest at least five times over Operating income of $443m against $139m of interest.

From CAE Inc's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q4 TTM
Buybacks (TTM)
$5.1M
Buybacks, last 3 fiscal years
$20.4M
Diluted share count
+0.8%
year over year
Total shareholder yield
0.1%
dividends 0.0% + buybacks 0.1% of market value
R&D spending
2.9%
of revenue
Days sales outstanding
46 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in aerospace & defense
Last 12 months unless stated CAE BWXT AIR CW DRS AXON Median
Revenue, last 12 months $3.6bn $3.6bn $3.5bn $3.7bn $3.9bn $3.2bn $769m
Revenue growth, last 12 months 5.0% 17.7% 22.0% 10.5% 8.9% 34.6% 15.5%
Revenue growth, 3-year average — 14.6% 18.5% 10.3% 12.6% 33.2% 12.6%
Revenue growth, latest quarter — 10.0% 24.1% 5.4% 11.0% 35.3% 15.8%
Gross margin 28.3% 22.6% 19.1% 37.7% 25.3% 59.4% 27.8%
Operating margin 12.5% 12.4% — 18.8% 10.8% 0.7% 9.0%
Operating margin, 3-year average 12.4% 13.6% — 17.9% 9.7% 3.0% 6.0%
Net margin 6.4% 10.4% 5.5% 14.8% 9.4% 6.2% 5.5%
Cash from operations / revenue 16.1% 16.1% 5.7% 19.7% 12.6% 8.3% 5.5%
Free-cash-flow margin 10.3% 10.3% 4.6% 17.1% 8.9% 4.1% 3.4%
Free-cash-flow margin, 3-year average 7.6% 11.0% 1.4% 15.8% 8.2% 7.6% 3.0%
Stock pay / revenue 0.7% 1.0% 0.6% 0.7% 0.2% 19.7% 1.2%
Change in share count 0.8% 0.2% 9.8% −2.2% −0.0% 2.4% 3.9%

Median of all 57 companies we cover in aerospace & defense. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

57 aerospace & defense companies
Measure Company Peer median Rank
Revenue growth Growth 5.0% 15.5% 48 of 57
Change in growth rate Growth -1.6pp +2.2pp 42 of 57
Gross margin Profitability 28.3% 28.3% 23 of 46
Operating margin Profitability 12.5% 8.5% 13 of 51
Net margin Profitability 6.4% 5.5% 25 of 57
Free-cash-flow margin Cash generation 10.3% 3.4% 15 of 57
Stock pay as % of revenue Cash generation 0.7% 1.5% 19 of 53
Long-term debt as % of assets Balance sheet 26.8% 22.1% 32 of 47
Change in share count Balance sheet 0.8% 2.4% 21 of 51
Days sales outstanding Balance sheet 46 days 53 days 16 of 45

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Who owns it

Funds buying and selling
Reported value
$5.9B
Institutions reporting
281
Shares held vs prior quarter
▲ 5.4%
Positions opened / closed
27 / 40

Top buyers and sellers, Q2 2026: 141 institutions bought and 137 sold ; the biggest buyer was 1832 Asset Management L.P (+3.2M shares) and the biggest seller Mackenzie Financial Corp (−4.0M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Caisse De Depot Et Placement Du Quebec $774M 30.9M 13.1% 0.0%
1832 Asset Management L.P. $490M 19.6M 8.3% ▲ 19.3%
Brandes Investment Partners, LP $461M 18.4M 7.8% ▲ 15.9%
Browning West LP $316M 12.6M 5.4% ▼ 0.1%
Mackenzie Financial Corp $281M 7.9M 4.8% ▼ 33.7%
Vanguard Capital Management LLC $222M 8.9M 3.8% ▲ 1.8%
Select Equity Group, L.P. $176M 7.0M 3.0% ▼ 14.9%
Royal Bank Of Canada $173M 6.9M 2.9% ▲ 12.6%
Jupiter Topco LLC $163M 6.5M 2.8% —
Bank Of Montreal $149M 6.0M 2.5% ▲ 20.2%
Beutel, Goodman & Co Ltd. $136M 5.4M 2.3% ▼ 13.0%
Snyder Capital Management L P $124M 4.9M 2.1% ▲ 0.5%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not CAE Inc's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $0 net buying

No open-market insider trades reported in the last 12 months.

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 2 trades and filings

No trades in CAE Inc disclosed in the last 12 months; 2 earlier trades on record.

  • Rick W. Allen(R-GA 12):Sale (full), $1,001 - $15,000, traded October 31, 2019, filed August 10, 2023
  • Rick W. Allen(R-GA 12):Purchase, $1,001 - $15,000, traded April 9, 2019, filed August 10, 2023

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

  • February 18, 2005
  • November 12, 2004

Recent SEC filings

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When each part of this page on CAE Inc was last updated.

DataLast updatedSource
Share priceExchange closing prices
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

CAE Inc in brief

What does CAE Inc do?
CAE Inc is a US-listed company in the aerospace & defense industry. Its financial year ends in March.
What is CAE Inc's stock ticker?
CAE Inc trades under the ticker CAE on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is CAE Inc's revenue, and how fast is it growing?
Over its most recent trailing twelve months, CAE Inc reported revenue of $3.6B, 5.0% higher than a year earlier, according to its SEC filings.
What is CAE Inc's free cash flow?
CAE Inc's free-cash-flow margin is 10.3% of revenue over the trailing twelve months, ranking 15 of the 57 aerospace & defense companies we cover.
What is CAE Inc's fair value (intrinsic value) per share?
Our discounted-cash-flow model of CAE Inc's free cash flow after stock-based pay gives ~$20 per share in the base case, and ~$14–$29 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are CAE Inc's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Caisse De Depot Et Placement Du Quebec, 1832 Asset Management L.P. and Brandes Investment Partners, LP. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is CAE Inc buying back stock, and does it pay a dividend?
CAE Inc spent $5.1M on share repurchases over the trailing twelve months, and its diluted share count still rose 0.8% over the year.
How much debt does CAE Inc have?
CAE Inc's debt-to-equity ratio is 61.0%, from its latest balance sheet (68.0% five years earlier). The financial health section below sets out its other solvency checks.
Who are CAE Inc's competitors?
In our Aerospace & Defense peer group, the companies closest to CAE Inc are BWX Technologies, Inc., AAR Corp, Curtiss Wright Corp, Leonardo DRS, Inc. and Axon Enterprise. The side-by-side comparison below sets their revenue, margins and growth against CAE Inc's.
When is CAE Inc's next earnings date?
Around November 11, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — CAE Inc announces its own schedule.