CAE (CAE) Debt-to-Equity: 0.61 (As of Mar. 2026) — 15% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CAE CAE Inc CAE
80 GF Score
Price $27.68
GF Value $25.83
Valuation Fairly Valued
! 5 Warning Signs
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What is CAE Debt-to-Equity?

CAE CAE +1.88% 80 Debt-to-Equity is 0.61 as of Mar. 2026, which is 15% below its 10-year median of 0.72. GuruFocus rates CAE with a GF Score™ of 80/100 and a GF Value™ of $25.83 (Fairly Valued). The stock has 5 warning signs investors should review. Among 313 Aerospace & Defense companies, CAE ranks worse than 73.48% on this metric.

CAE's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $184 Mil. CAE's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $2,174 Mil. CAE's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $3,866 Mil. CAE's debt to equity for the quarter that ended in Mar. 2026 was 0.61.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for CAE's Debt-to-Equity or its related term are showing as below:

CAE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.57   Med: 0.72   Max: 1.33
Current: 0.61

During the past 13 years, the highest Debt-to-Equity Ratio of CAE was 1.33. The lowest was 0.57. And the median was 0.72.

CAE's Debt-to-Equity is ranked worse than
73.48% of 313 companies
in the Aerospace & Defense industry
Industry Median: 0.32 vs CAE: 0.61

CAE  (NAS:CAE) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


CAE Debt-to-Equity Related Terms


CAE Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for CAE's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CAE Debt-to-Equity Chart

CAE Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.72 0.73 0.71 0.61

CAE Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.71 0.69 0.66 0.63 0.61

CAE vs SPCX, GE, RTX: Debt-to-Equity Comparison

For the Aerospace & Defense subindustry, CAE's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CAE Debt-to-Equity vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, CAE's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where CAE's Debt-to-Equity falls into.


CAE
80GF Score
CAE Inc CAE
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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CAE Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CAE's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

CAE's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.61 mean?
CAE (CAE) has a Debt-to-Equity of 0.61 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on CAE and its competitors. This is 15% below median its historical median of 0.72. Over the past decade, CAE's Debt-to-Equity has ranged from 0.57 to 1.33. According to the industry distribution chart, CAE ranks #230 out of 313 companies in the Aerospace & Defense industry, placing it in the top 73.5%.
Is CAE's Debt-to-Equity too high?
CAE's current Debt-to-Equity of 0.61 is 15% below median its 10-year median of 0.72. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 1.33. The Aerospace & Defense industry median Debt-to-Equity is 0.32. CAE's value of 0.61 is 90.6% above this industry median. Based on the distribution chart, CAE ranks #230 out of 313 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, CAE has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CAE's Debt-to-Equity compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, CAE ranks #230 out of 313 companies for Debt-to-Equity. This places CAE in the lower half of its industry. The industry median Debt-to-Equity is 0.32. CAE's value of 0.61 is 90.6% above this benchmark. Historically, CAE's own Debt-to-Equity has ranged from 0.57 to 1.33 over the past decade. While the company's 10-year median is 0.72 vs. the industry median of 0.32, CAE has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Aerospace & Defense company?
The median Debt-to-Equity among Aerospace & Defense companies is 0.32, based on 313 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CAE's current Debt-to-Equity of 0.61 is 90.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on CAE and its competitors. For the Aerospace & Defense industry, the median Debt-to-Equity is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CAE's current Debt-to-Equity is 0.61, which is 15% below median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CAE stock overvalued right now?
Based on GuruFocus' analysis, CAE (CAE) is currently considered Fairly Valued. The stock's GF Value™ is $25.83, compared to a current price of $27.68 — trading 7.2% above its estimated fair value. The current Debt-to-Equity is 0.61, which is 15% below median its 10-year median of 0.72 and 90.6% above the Aerospace & Defense industry median of 0.32. CAE's overall GF Score™ is 80/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For CAE (CAE), the current Debt-to-Equity is 0.61 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CAE (CAE) Overvalued in 2026?

Based on GuruFocus' analysis, CAE stock appears to be overvalued. The current stock price of $27.68 is trading 7.2% above its estimated GF Value™ of $25.83. GuruFocus considers CAE to be Fairly Valued.

Key valuation signals for CAE:

  • Debt-to-Equity: 0.61 (15% below median its 10-year median of 0.72)
  • GF Value™: $25.83 vs. price of $27.68 (7.2% above fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 90.6% above the Aerospace & Defense median (#230 of 313)

No single metric tells the full story. See the CAE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CAE Business Description

Other Exchanges CE9:GermanyCAE:Canada
Address 8585 Cote de Liesse, Saint-Laurent, QC, CAN, H4T 1G6
CAE Inc provides training and aviation services, integrated enterprise solutions, in-service support, and crew-sourcing services. The company operations are managed through two segments: i) Civil Aviation: Provides comprehensive training solutions for flight, cabin, maintenance, ground personnel and air traffic controllers in commercial, business and helicopter aviation, a complete range of flight simulation training devices, ab initio pilot training and crew sourcing services, as well as airline operations digital solutions; and ii) Defense and Security which is a world-wide training and simulation provider delivering scalable, platform-independent solutions that enable and enhance force readiness and security. It generates the majority of its revenue from the Civil Aviation segment.
80GF Score

Get the complete analysis for CAE

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$27.68
Price
$25.83
GF Value