Magellan Aerospace Corporation (TSX:MAL)

Canada flag Canada · Delayed Price · Currency is CAD
15.16
-0.33 (-2.13%)
May 12, 2025, 4:00 PM EDT
90.45%
Market Cap 866.22M
Revenue (ttm) 968.02M
Net Income (ttm) 40.00M
Shares Out 57.14M
EPS (ttm) 0.70
PE Ratio 21.65
Forward PE 12.79
Dividend 0.10 (0.66%)
Ex-Dividend Date Jun 16, 2025
Volume 63,690
Average Volume 34,969
Open 15.59
Previous Close 15.49
Day's Range 14.70 - 15.63
52-Week Range 7.83 - 15.63
Beta 0.49
RSI 68.00
Earnings Date May 2, 2025

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]

Sector Industrials
Founded 1996
Employees 3,815
Stock Exchange Toronto Stock Exchange
Ticker Symbol MAL
Full Company Profile

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 Statements

News

Magellan Aerospace Corporation Announces Financial Results

TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan” or the “Corporation”) released its financial results for the first quarter of 2025. All amounts are expressed in Canadian dollars u...

3 days ago - Business Wire

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...

6 days ago - Business Wire

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...

6 days ago - Business Wire

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 ...

12 days ago - Business Wire

Parts supplier sues Magellan Aerospace in Winnipeg for $1.5M, claiming invoices unpaid

A company that makes components for military aircraft in Winnipeg is being sued for more than $1.5 million by a supplier that claims it hasn't been paid for parts it supplied.

25 days ago - CBC News

Magellan Aerospace (MAL) Upgraded to Strong Buy Amid Record Order Backlog

Magellan Aerospace (MAL) Upgraded to Strong Buy Amid Record Order Backlog

6 weeks ago - GuruFocus

Magellan Aerospace Upgraded To Strong Buy On Aerospace Growth

Magellan Aerospace’s resilience and strong cash flow drive growth. Learn why MALJF stock is upgraded to a strong buy, anticipating continued growth in 2024.

6 weeks ago - Seeking Alpha

Magellan Aerospace reports Q4 results

2 months ago - Seeking Alpha

Magellan Aerospace Corporation Announces Financial Results

TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan” or the “Corporation”) released its financial results for the fourth quarter of 2024. All amounts are expressed in Canadian dollars ...

2 months ago - Business Wire

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 $0.025 (two and one-half ce...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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 2024. All amounts are expressed in Canadian dollars u...

6 months ago - Business Wire

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 $0.025 (two and one-half ce...

6 months ago - Business Wire

Microsatellite Project to Monitor Objects in Space Over Canada, South Pole

TORONTO — An exciting new satellite project to monitor and protect the Earth’s orbital environment is underway. University of Manitoba (UM) and Magellan Aerospace (Magellan), in collaboration with Can...

7 months ago - Financial Post

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...

8 months ago - Seeking Alpha

Magellan Aerospace Corporation Announces Financial Results

TORONTO--(BUSINESS WIRE)--Magellan Aerospace Corporation (“Magellan” or the “Corporation”) released its financial results for the second quarter of 2024. All amounts are expressed in Canadian dollars ...

9 months ago - Business Wire

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 $0.025 (two and one-half ce...

10 months ago - Business Wire

Magellan Aerospace signs MOU with Aequs

10 months ago - Seeking Alpha

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...

10 months ago - Business Wire

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...

1 year ago - Business Wire