Magellan Aerospace Corporation (TSX:MAL)
Canada
· Delayed Price · Currency is CAD | Market Cap | 1.40B |
| Revenue (ttm) | 1.01B |
| Net Income (ttm) | 44.75M |
| Shares Out | 57.08M |
| EPS (ttm) | 0.78 |
| PE Ratio | 31.31 |
| Forward PE | 22.10 |
| Dividend | 0.20 (0.82%) |
| Ex-Dividend Date | Dec 17, 2025 |
| Volume | 71,308 |
| Average Volume | 33,382 |
| Open | 23.50 |
| Previous Close | 23.60 |
| Day's Range | 23.50 - 24.51 |
| 52-Week Range | 9.64 - 24.51 |
| Beta | 0.04 |
| RSI | 71.65 |
| Earnings Date | Mar 9, 2026 |
About Magellan Aerospace
Magellan Aerospace Corporation, through its subsidiaries, engineers and manufactures aeroengine and aerostructure components for aerospace markets in Canada, the United States, and Europe. The company offers aero engine products, such as laser welded honeycomb and filament wound tubes, frames, compressor components, bypass ducts, hot section components, and aeroengine and helicopter drive shafts, as well as other flight safety critical machined components, including discs, seals, and spacers; and aerostructures comprising landing gear systems, ... [Read more]
Financial Performance
In 2024, Magellan Aerospace's revenue was 942.37 million, an increase of 7.13% compared to the previous year's 879.62 million. Earnings were 35.49 million, an increase of 283.76%.
Financial StatementsNews
Magellan Aerospace: Strong Buy After Tariff Fears Trigger Profit Taking
Magellan Aerospace remains a strong buy as I raise my price target to $17.45, reflecting improved EBITDA estimates for 2027. The recent share price retreat was driven by U.S.-Canada trade turmoil and ...
Magellan Aerospace: 'Strong Buy' On Aerospace Production Ramp Up
Magellan Aerospace remains a "Strong Buy," supported by robust demand in aerospace and defense and improving operating leverage. Q3 2025 results showed double-digit revenue and margin growth, driven b...
Magellan Aerospace Corporation Announces Financial Results
TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan” or the “Corporation”) released its financial results for the third quarter of 2025. All amounts are expressed in Canadian dollars u...
Magellan Aerospace Announces Quarterly Dividend
TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation ("Magellan Aerospace") (TSX: MAL) announced today that its Board of Directors declared a quarterly cash dividend of $0.05 (five cents) per shar...
Magellan Aerospace: Q2 Earnings Disappoint, But Long-Term Upside Remains Strong
Magellan Aerospace's Q2 earnings were underwhelming, with modest revenue growth driven mainly by a prior-year work stoppage and declining EBITDA margins. Despite lackluster quarterly results, Magellan...
Magellan Aerospace Announces Renewal of Normal Course Issuer Bid
MISSISSAUGA, Ontario--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan or Corporation") (TSX: MAL) announced today that the Toronto Stock Exchange has accepted notice filed by Magellan to ma...
Magellan Aerospace Announces Report on Voting Results for Directors
MISSISSAUGA, Ontario--(BUSINESS WIRE)--Magellan Aerospace Corporation (the "Corporation") announces that today at the annual meeting of shareholders of the Corporation (the “Meeting”) the proposed nom...
Magellan Aerospace Signs Long-Term Agreements With Pratt & Whitney Canada
TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan”) announced today the signing of important agreements (LTAs) with Pratt & Whitney Canada. Pratt & Whitney is an RTX business. These ...
Magellan Aerospace Upgraded To Strong Buy On Aerospace Growth
Magellan Aerospace's stock price surged 38% since my December buy rating, outperforming the S&P 500's 2.6% increase, prompting a price target upgrade. Despite limited program details, Magellan's expos...
Magellan Aerospace Partners With Aequs Private Limited to Explore Setting Up a Sand Casting Facility in India
TORONTO & BELAGAVI, India--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan”) announced the signing of a Memorandum of Understanding (MOU) today with Aequs Private Limited (“Aequs”) to explo...
Magellan Aerospace: A Stock To Buy On Boeing And Airbus Production Ramp-Up
Magellan Aerospace Corporation's stock is currently undervalued despite uncertainties in commercial airplane program production ramp-ups, making it a buy with a price target of $11.68. Sales grew by 4...
Magellan Aerospace: A Strong Stock To Buy On Aerospace Growth
Magellan Aerospace, a Canadian aerospace and defense company, shows potential due to its involvement in key Boeing and Airbus programs despite limited transparency. Revenue grew 10.6% with notable inc...
Magellan Aerospace Partners With Aequs to Explore Setting up India Based Engine MRO Business
FARNBOROUGH, England--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan”) announced today the signing of a Memorandum of Understanding (MOU) with Aequs Private Limited (“Aequs”) to explore th...
Magellan Aerospace Signs Agreement With Peraton to Support NASA Sounding Rocket Program
TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan”) announced today that it would provide Black Brant vehicles and hardware to Peraton in support of the NASA Sounding Rocket Program....
Magellan Aerospace Awarded Multi-Year Contract for Airbus Single Aisle Aircraft Components
TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan”) announced today an agreement between Magellan Aerospace (UK) Limited and Airbus to continue to supply major structural wing compon...
Magellan Aerospace Announces Contracts to Produce Aircraft Illumination Flares
TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan”) announced today, an agreement with the Canadian government for the provision of LUU-2 illumination flares for the Royal Canadian A...
Magellan Aerospace Signs Agreement With the Boeing Company for Exhaust Systems
TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan”) announced today the signing of a contract extension with The Boeing Company (“Boeing”), to manufacture large and complex nacelle e...
Magellan Aerospace Awarded Redwing Space Domain Awareness Microsatellite Contract From the Government of Canada
TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan”) announced today a contract with the Government of Canada to design, build, launch, and operate the Redwing microsatellite. Directe...
Magellan Aerospace Signs Agreement With Collins Aerospace for Complex Castings
TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan”) announced today the signing of a significant long-term agreement (“LTA”) extension with Collins Aerospace (“Collins”), a Raytheon ...
Magellan Aerospace Signs Agreement With BAE Systems for F-35 Aircraft Assemblies
TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan”) announced today that it will continue producing F-35 Lightning II (“F-35”) horizontal tail assemblies under an agreement with BA...
Magellan Aerospace Signs Multi-Year F-35 Lightning II Contract
TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan”) announced today, the award of a multi-year contract from Lockheed Martin Corporation (“LMCO”) for complex machined titanium comp...
Magellan Aerospace Awarded Multi-Year Contract From Sikorsky Aircraft Corporation
TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan”) announced today a contract award from Sikorsky Aircraft Corporation (“Sikorsky”), a Lockheed Martin Company for low rate initial p...
Magellan Aerospace Signs Contract Extension with Safran Landing Systems
TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan”) announced it has reached a five-year agreement with Safran Landing Systems (“Safran”) to manufacture complex machined landing gear...
Magellan Aerospace Signs Long Term Agreement With General Electric Aviation
TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan”) announced today that it has signed a long-term agreement with General Electric Aviation (“GE”) for the repair and overhaul (R&O) o...
Magellan Aerospace to Provide Satellite Avionics Subsystems for CHORUS, MDA's Next Generation Commercial Earth Observation Mission
TORONTO, Ontario--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan”) announced today a contract award from MDA Ltd. (“MDA”) to provide spacecraft avionics for their next Earth observation mi...