Reading the annual reports…
First time this company is opened: we are analysing its official reports. This can take up to a minute; after that the page loads instantly.
First time this company is opened: we are analysing its official reports. This can take up to a minute; after that the page loads instantly.
CAE · Nasdaq · United States · Miscellaneous Electrical Machinery, Equipment & Supplies
In shortCAE INC is profitable, generates cash and carries moderate debt, with revenue growing (+9.9% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 15.5% | 68/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 8.6% | 54/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 8.9% | 44/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 7.0% | 47/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 0.80× | 0/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.71× | 72/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 2.78× | 35/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 3.08× | 15/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 1.56 | 12/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 11.5% | 66/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 1.33× | 100/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 3 of 5 | 60/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 5 | 67/100 |
| Revenue growth volatility | 14.1% | 59/100 |
| Operating margin volatility | 7.9% | 37/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 11.8% | 82/100 |
|---|---|---|
| EPS growth, 3-year average | 41.3% | 100/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
4 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
CAD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 2,982 | 3,371 | 4,011 | 4,283 | 4,708 |
| Cost of revenue | 2,217 | 2,416 | 2,927 | 3,128 | 3,408 |
| Gross profit | 765 | 956 | 1,084 | 1,155 | 1,300 |
| Research & development | 105 | 121 | 129 | 150 | 123 |
| Selling, general & admin | 399 | 489 | 502 | 535 | 565 |
| Operating income | 48 | 284 | 466 | (185) | 729 |
| Interest expense | 149 | 143 | 187 | 223 | 237 |
| Pre-tax income | (87) | 154 | 292 | (390) | 514 |
| Income tax | (40) | 3.6 | 63 | (73) | 99 |
| Net income | (47) | 142 | 223 | (304) | 405 |
| Diluted EPS | −C$0.17 | C$0.45 | C$0.69 | −C$1.02 | C$1.27 |
| Diluted shares (millions) | 272 | 313 | 318 | 318 | 320 |
4 older years available with the 10-year history. Essential plan, from €8.25/month →
1.56 Grey zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
7/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Mar 31, 2026 · Data updated Jun 20, 2025