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Employees: 4,158
Size Chorus Aviation (CHR.TO) is a Canada Industrials company (Airlines) with a market value of $505M, the 340th largest of 420 Canada companies the cockpit tracks. Shares closed at C$31.33 on 6 Nov 2026.
Performance Over six months the shares gained 30.1%, against +8.0% for the median peer and +5.2% for the Canada market (cap-weighted) — 4th highest of 17 in its peer set.
Growth Revenue fell 3.6% over the last twelve months (peer median +11.3%); the operating margin is 6.7% (peer median 2.4%).
Valuation It trades at 13.2× forward earnings against a peer median of 16.8× (5th cheapest of 12).
Price implies For today's price to make sense, revenue must grow about 2% a year for seven years (Req g). Recent delivered growth is +7%, so the hurdle is -5 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 1.0 points below its cost of capital (9.3% WACC).
Next results Next results expected around 9 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | C$1.32B | C$1.32B | C$1.40B | C$1.40B | C$1.60B |
| Revenue growth | — | -6% | 0% | -12% | — |
| Gross profit | C$88.8M | C$99.6M | C$92.6M | C$159M | C$209M |
| EBITDA | C$193M | C$207M | C$209M | C$250M | C$391M |
| Net income | C$48.2M | C$78.7M | -C$169M | C$101M | C$48.9M |
| Free cash flow | C$122M | C$27.9M | C$212M | C$257M | C$217M |
| Capital expenditure | C$42.7M | C$34.9M | C$52.9M | C$42.3M | C$62.3M |
| Total debt | C$308M | C$374M | C$516M | C$1.76B | C$2.03B |
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.
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 | CHR.TO | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +6.9% | +7.7% | 9th highest of 17 |
| 6-month return | +30.1% | +8.0% | 4th highest of 17 |
| Distance from 52-week high | -1.2% | -25.1% | highest of 17 |
| Revenue growth (TTM) | -3.6% | +11.3% | 3rd lowest of 17 |
| Operating margin | 6.7% | 2.4% | 7th highest of 17 |
| Forward P/E | 13.2× | 16.8× | 5th cheapest of 12 |
| Growth the price implies (Req g, 7 yrs) | 2.2% | -9.6% | 4th most demanding of 10 |
| Growth delivered (Del g) | +6.8% | +25.2% | 2nd lowest of 10 |
| Hurdle (Req g minus delivered) | -4.6 pp | -37.5 pp | 2nd most demanding of 10 |
| ROIC minus cost of capital | -1.0 pp | -3.2 pp | 8th highest of 17 |
| EV / EBITDA | 5.1× | 4.6× | 5th most expensive of 11 |
| Net debt / EBITDA | 1.5× | 4.2× | 5th least indebted of 13 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Chorus Aviation CHR.TO | Canada | $505M | +30% | -4% | 7% | 13.2× | 2.2% | +6.8% |
| Jejuair 089590.KS | South Korea | $379M | +20% | +12% | -1% | 8.9× | n/a | n/a |
| Tigerair Taiwan 6757.TW | Taiwan | $753M | +8% | +13% | 19% | 9.8× | -20.2% | +55.1% |
| Controladora Vuela Compania de Aviacion SAB de CV Sponsored ADR VLRS | United States | $850M | +3% | +19% | -5% | n/a | -13.7% | +23.8% |
| Azul S.A. Sponsored ADR AZUL | United States | $915M | +86% | +12% | 14% | 13.3× | n/a | n/a |
| Republic Airways RJET | United States | $942M | -12% | +438% | 11% | n/a | 2.8% | +25.2% |
| Finnair FIA1S.HE | Finland | $1.14B | +38% | +11% | 4% | 9.4× | -9.6% | +30.2% |
| Asiana Airlines 020560.KS | South Korea | $1.21B | +13% | -17% | -12% | n/a | n/a | n/a |
| China Express Airlines 002928.SZ | China | $1.34B | -12% | +4% | -17% | 155.2× | n/a | n/a |
| JetBlue Airways JBLU | United States | $1.38B | -28% | +10% | -6% | n/a | n/a | n/a |
| CITIC Offshore Helicopter 000099.SZ | China | $1.41B | -31% | -9% | 12% | 30.3× | 1.8% | +7.5% |
| Norwegian Air Shuttle NAS.OL | Norway | $1.47B | -11% | +3% | 6% | 22.0× | -16.5% | +35.8% |
| Wizz Air WIZZ.L | United Kingdom | $1.48B | +8% | +11% | -2% | n/a | 3.4% | +49.5% |
| Virgin Australia VGN.AX | Australia | $1.48B | +18% | +9% | 11% | 6.6× | -13.4% | +4.9% |
| Frontier ULCC | United States | $1.71B | +40% | +24% | -15% | 1,818.4× | 31.6% | +24.4% |
| Starlux Airlines 2646.TW | Taiwan | $1.76B | -6% | +23% | 1% | 52.3× | n/a | n/a |
| Milkyway Intelligent Supply Chain Service 603713.SS | China | $1.90B | +29% | +15% | 8% | 16.8× | n/a | n/a |