Cae Inc (CAE)
Cae Inc reported revenue of CA$4.7B in fiscal 2025, up 9.9% from a year earlier. Net income was CA$405.3M, a net margin of 8.6%. Operating cash flow minus capital spending left CA$540.3M of free cash flow in fiscal 2025. At March 31, 2025 it held CA$293.7M in cash. Its latest periodic report to the SEC is the annual report (Canadian issuer) (40-F) filed on June 22, 2026.
Key facts about Cae Inc
- Net worth
- Cae Inc has a market value (market cap) of $8.9B at the latest share price, and shareholders' equity of CA$4.9B on its balance sheet at March 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was CA$4.7B (+9.9% year on year), with net income of CA$405.3M.
- Cash flow
- In fiscal 2025 operations brought in CA$896.5M of cash; after CA$356.2M of capital spending, free cash flow was CA$540.3M.
- Latest report
- The latest periodic report (annual report (Canadian issuer), 40-F) was filed with the SEC on June 22, 2026 and covers the period to March 31, 2026. Open on SEC EDGAR
What Cae Inc does
Cae Inc is registered with the SEC under industry code SIC 3690 (Miscellaneous Electrical Machinery, Equipment & Supplies). Its shares trade on NASDAQ under the ticker CAE.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | CA$4.7B | CA$405.3M | n/a | CA$540.3M |
| 2024 | CA$4.3B | -CA$304M | n/a | CA$237.1M |
| 2023 | CA$4B | CA$222.7M | n/a | CA$139.6M |
| 2022 | CA$3.4B | CA$141.7M | n/a | CA$146M |
| 2021 | CA$3B | -CA$47.2M | n/a | CA$259M |
| 2020 | CA$3.6B | CA$311.4M | n/a | CA$261.7M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where CAE ranks in Other
Dividends
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2021 | n/a | CA$0 | n/a |
| 2020 | n/a | CA$110.9M | 36% |
| 2019 | n/a | CA$99.9M | 30% |
| 2018 | n/a | CA$89.9M | 26% |
| 2018 | n/a | CA$80.6M | 32% |
Latest SEC filings
What Cae Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 3, 2026Passive stake changed SCHEDULE 13G/A
- August 13, 2026
- August 13, 2026Passive stake (5% or more) SCHEDULE 13G
- August 12, 2026
- August 12, 2026Passive stake changed SCHEDULE 13G/A
- July 22, 2026
- July 9, 2026
- June 22, 2026Annual report (Canadian issuer) 40-F · period to March 31, 2026
- June 22, 2026
- June 5, 2026
Insider trades
What the people running Cae Inc did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider trades were reported in the last 90 days.
Who owns CAE
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Caisse depot et placement du Quebec13D, may seek influence | 9.7% | February 14, 2025 |
| Jarislowsky, Fraser Limited13G, passive with 3 related filers | 6.99% | November 12, 2024 |
| 1832 Asset Management L.P.13G, passive with 2 related filers | 6.3% | August 12, 2026 |
| Brandes Investment Partners, LP13G, passive | 5.8% | August 13, 2026 |
| Mackenzie Financial Corp13G, passive | 5% | May 13, 2025 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 281 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Caisse de depot et placement du Quebec | 30,917,402 | 0 |
| 1832 Asset Management L.P. | 19,559,409 | +3,163,902 |
| Brandes Investment Partners, LP | 18,397,515 | +2,522,848 |
| Browning West LP | 12,606,858 | -13,375 |
| Mackenzie Financial Corp | 7,916,812 | -4,027,289 |
| Vanguard Capital Management LLC | 8,882,455 | +159,196 |
| Select Equity Group, L.P. | 7,018,338 | -1,233,353 |
| Royal Bank of Canada | 6,888,675 | +770,519 |
| Jupiter Topco LLC | 6,509,035 | new |
| Bank of Montreal | 5,967,706 | +1,003,237 |
| Snyder Capital Management L P | 4,929,599 | +25,147 |
| Letko, Brosseau & Associates Inc | 3,981,832 | +859,392 |
| Morgan Stanley | 3,681,383 | +1,627,100 |
| National Bank of Canada | 3,468,309 | -686,418 |
| CIBC Asset Management Inc | 3,307,675 | -41,554 |
| TD Asset Management Inc | 3,293,456 | -235,081 |
| Norges Bank | 3,222,912 | new |
| Federation des caisses Desjardins du Quebec | 3,145,880 | +92,840 |
| Geode Capital Management, LLC | 3,054,271 | +175,223 |
| Fiera Capital Corp | 2,964,525 | +663,696 |
Insiders
Questions about CAE
What does Cae Inc do?
Cae Inc is a company in the Other sector, listed on NASDAQ as CAE. Its shares trade on NASDAQ under the ticker CAE.
What is Cae Inc's net worth?
Cae Inc has a market value (market cap) of $8.9B at the latest share price, and shareholders' equity of CA$4.9B on its balance sheet at March 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Cae Inc profitable?
Yes. In fiscal 2025 it reported net income of CA$405.3M on revenue of CA$4.7B, a net margin of 8.6%.
How much revenue does Cae Inc make?
In fiscal 2025 Cae Inc reported revenue of CA$4.7B. That is 9.9% more than a year earlier.
When did Cae Inc last report?
Its most recent periodic report is the annual report (Canadian issuer) (40-F) filed on June 22, 2026. It covers the period to March 31, 2026. Its newest filing of any kind is the passive stake changed from November 3, 2026.
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Where the numbers come from
Financial figures are the values Cae Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.