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Canadian manufacturer of business jets (Global, Challenger series) and related aftermarket services.
Canadian manufacturer of business jets (Global, Challenger series) and related aftermarket services.
Earns from jet deliveries, with a growing stream of parts, repairs and service work on jets already flying. Since 2021 it has been only a business-jet maker, having sold off its commercial aircraft, train and aerostructures (aircraft body parts) businesses. Its founding family keeps voting control.
In one line: Canada's Gulfstream (General Dynamics).
Moat: narrow (scale, IP / patents, installed base). Certified long-range business-jet platforms and a large in-service fleet driving aftermarket revenue.
Headquarters: Montreal, Canada · Founded: 1942 · Employees: 18,900
Size Bombardier (BBD-B.TO) is a Canada Industrials company (Aerospace & Defense) with a market value of $22.5B, the 43rd largest of 420 Canada companies the cockpit tracks. Shares closed at C$317.02 on 6 Nov 2026.
Performance Over six months the shares gained 8.3%, against -9.0% for the median peer and +5.2% for the Canada market (cap-weighted) — 6th highest of 21 in its peer set.
Growth Revenue grew 10.9% over the last twelve months (peer median +19.0%); the operating margin is 11.3% (peer median 9.9%).
Valuation It trades at 22.1× forward earnings against a peer median of 27.4× (8th cheapest of 20).
Price implies For today's price to make sense, revenue must grow about 19% a year for seven years (Req g). Recent delivered growth is +9%, so the hurdle is +10 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 16.0 points above its cost of capital (12.9% WACC).
Next results Next results expected around 11 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | C$13.5B | C$13.3B | C$11.9B | C$10.9B | C$9.00B |
| Revenue growth | — | +12% | +9% | +21% | — |
| Gross profit | C$2.19B | C$2.20B | C$1.99B | C$1.76B | C$1.21B |
| EBITDA | C$2.19B | C$2.23B | C$1.91B | C$1.68B | C$1.19B |
| Net income | C$1.36B | C$1.36B | C$507M | C$661M | -C$167M |
| Free cash flow | C$2.97B | C$1.50B | C$318M | C$347M | C$933M |
| Capital expenditure | C$314M | C$215M | C$237M | C$494M | C$462M |
| Total debt | C$6.39B | C$7.67B | C$8.58B | C$7.98B | C$8.71B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Bombardier BBD-B.TO | $22.5B | +8% | +11% | 11% | 22.1× | 19.0% |
| General Dynamics GD | $95.7B | +3% | +10% | 10% | 19.4× | -2.5% |
| Dassault Aviation AM.PA | $26.0B | +6% | +33% | 9% | 19.6× | 5.2% |
| Textron TXT | $14.2B | -8% | +9% | 7% | 11.9× | 8.3% |
| Embraer S.A. Sponsored ADR EMBJ | $14.1B | +23% | +20% | 8% | 23.6× | 16.9% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | BBD-B.TO | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +5.8% | +4.0% | 6th highest of 21 |
| 6-month return | +8.3% | -9.0% | 6th highest of 21 |
| Distance from 52-week high | -16.1% | -23.7% | 4th highest of 21 |
| Revenue growth (TTM) | +10.9% | +19.0% | 7th lowest of 21 |
| Operating margin | 11.3% | 9.9% | 9th highest of 21 |
| Forward P/E | 22.1× | 27.4× | 8th cheapest of 20 |
| Growth the price implies (Req g, 7 yrs) | 19.0% | 12.2% | 5th most demanding of 15 |
| Growth delivered (Del g) | +8.9% | +11.5% | 7th lowest of 14 |
| Hurdle (Req g minus delivered) | +10.0 pp | +2.3 pp | 4th most demanding of 14 |
| ROIC minus cost of capital | +16.0 pp | +6.5 pp | 3rd highest of 20 |
| EV / EBITDA | 16.6× | 21.6× | 7th cheapest of 16 |
| Net debt / EBITDA | 2.0× | 0.8× | 5th most indebted of 17 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Bombardier BBD-B.TO | Canada | $22.5B | +8% | +11% | 11% | 22.1× | 19.0% | +8.9% |
| Singapore Technologies Engineering S63.SI | Singapore | $22.6B | -13% | +11% | 9% | 27.3× | 5.3% | +11.5% |
| Arxis ARXS | United States | $21.5B | +42% | +114% | 20% | 54.2× | 58.8% | n/a |
| MTU Aero Engines MTX.DE | Germany | $20.9B | +21% | +12% | 13% | 18.5× | 6.3% | +17.1% |
| AVIC Shenyang Aircraft 600760.SS | China | $20.8B | +4% | -1% | 8% | 45.1× | n/a | n/a |
| Hanwha Aerospace 012450.KS | South Korea | $25.0B | -53% | +28% | 11% | 17.2× | -7.0% | +38.1% |
| Axon Enterprise AXON | United States | $25.4B | -22% | +35% | 1% | 36.5× | n/a | n/a |
| Dassault Aviation AM.PA | France | $26.0B | +6% | +33% | 9% | 19.6× | 5.2% | +6.2% |
| FTAI Aviation FTAI | United States | $18.4B | -33% | +46% | 23% | 16.7× | n/a | n/a |
| Curtiss-Wright CW | United States | $17.1B | -36% | +11% | 19% | 27.4× | 16.2% | +7.9% |
| Bharat Electronics BEL.NS | India | $30.6B | -10% | +20% | 26% | 41.5× | 38.2% | +14.3% |
| Leonardo LDO.MI | Italy | $31.0B | -4% | +10% | 7% | 20.2× | 14.3% | +7.8% |
| Rocket Lab RKLB | United States | $31.8B | -50% | +53% | -29% | n/a | n/a | n/a |
| Kongsberg Gruppen KOG.OL | Norway | $31.8B | +13% | -28% | 17% | 46.3× | 21.7% | +4.3% |
| AECC Aviation Power 600893.SS | China | $15.8B | -15% | +18% | 2% | 173.7× | n/a | n/a |
| Elbit Systems ESLT | United States | $32.0B | -13% | +12% | 9% | 46.5× | 10.1% | +11.5% |
| Saab SAAB-B.ST | Sweden | $33.3B | +19% | +28% | 10% | 40.2× | 6.0% | +17.4% |
| Csg CSG.AS | Netherlands | $14.6B | -20% | +72% | 25% | 11.7× | n/a | n/a |
| Hindustan Aeronautics HAL.NS | India | $35.2B | +4% | +7% | 23% | 33.6× | 42.7% | +7.2% |
| Textron TXT | United States | $14.2B | -8% | +9% | 7% | 11.9× | 8.3% | +4.9% |
| Embraer S.A. Sponsored ADR EMBJ | United States | $14.1B | +23% | +20% | 8% | 23.6× | 16.9% | +14.5% |