MDA Space (TSX:MDA) Gross Margin %: 24.82% (As of Mar. 2026) — 18% Below Median


TSX:MDA MDA Space Ltd TSX:MDA
47 GF Score
Price C$50.48
GF Value C$31.65
Valuation Significantly Overvalued
! 2 Warning Signs
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What is MDA Space Gross Margin %?

MDA Space TSX:MDA -1.37% 47 Gross Margin % is 24.82% as of Mar. 2026, which is 18% below its 10-year median of 30.21. GuruFocus rates TSX:MDA with a GF Score™ of 47/100 and a GF Value™ of C$31.65 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 342 Aerospace & Defense companies, MDA Space ranks worse than 52.34% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. MDA Space's Gross Profit for the three months ended in Mar. 2026 was C$115 Mil. MDA Space's Revenue for the three months ended in Mar. 2026 was C$464 Mil. Therefore, MDA Space's Gross Margin % for the quarter that ended in Mar. 2026 was 24.82%.


The historical rank and industry rank for MDA Space's Gross Margin % or its related term are showing as below:

TSX:MDA' s Gross Margin % Range Over the Past 10 Years
Min: 25.09   Med: 30.21   Max: 35.62
Current: 25.49


During the past 6 years, the highest Gross Margin % of MDA Space was 35.62%. The lowest was 25.09%. And the median was 30.21%.

TSX:MDA's Gross Margin % is ranked worse than
52.34% of 342 companies
in the Aerospace & Defense industry
Industry Median: 26.65 vs TSX:MDA: 25.49

MDA Space had a gross margin of 24.82% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for MDA Space was 0.00% per year.


MDA Space  (TSX:MDA) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

MDA Space had a gross margin of 24.82% for the quarter that ended in Mar. 2026 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


MDA Space Gross Margin % Related Terms


MDA Space Gross Margin % Historical Data

* Premium members only.

The historical data trend for MDA Space's Gross Margin % 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.

MDA Space Gross Margin % Chart

MDA Space Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 35.19 35.62 30.21 26.08 25.09

MDA Space Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % 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 22.71 25.40 26.38 25.47 24.82

TSX:MDA vs GE, RTX, BA: Gross Margin % Comparison

For the Aerospace & Defense subindustry, MDA Space's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


MDA Space Gross Margin % vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, MDA Space's Gross Margin % distribution charts can be found below:

* The bar in red indicates where MDA Space's Gross Margin % falls into.


TSX:MDA
47GF Score
MDA Space Ltd TSX:MDA
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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MDA Space Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

MDA Space's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=409.7 / 1633.2
=(Revenue - Cost of Goods Sold) / Revenue
=(1633.2 - 1223.5) / 1633.2
=25.09 %

MDA Space's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=115.2 / 464.1
=(Revenue - Cost of Goods Sold) / Revenue
=(464.1 - 348.9) / 464.1
=24.82 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 24.82% mean?
MDA Space (TSX:MDA) has a Gross Margin % of 24.82% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on MDA Space and its competitors. This is 18% below median its historical median of 30.21. Over the past decade, MDA Space's Gross Margin % has ranged from 25.09 to 35.62. According to the industry distribution chart, MDA Space ranks #179 out of 342 companies in the Aerospace & Defense industry, placing it in the top 52.3%.
Is MDA Space's Gross Margin % too high?
MDA Space's current Gross Margin % of 24.82% is 18% below median its 10-year median of 30.21. Over the past 10 years, this metric has ranged from a low of 25.09 to a high of 35.62. The Aerospace & Defense industry median Gross Margin % is 26.65. MDA Space's value of 24.82% is 6.9% below this industry median. Based on the distribution chart, MDA Space ranks #179 out of 342 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, MDA Space has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MDA Space's Gross Margin % compare to GE and RTX?
According to the Aerospace & Defense industry distribution chart, MDA Space ranks #179 out of 342 companies for Gross Margin %. This places MDA Space in the lower half of its industry. The industry median Gross Margin % is 26.65. MDA Space's value of 24.82% is 6.9% below this benchmark. Historically, MDA Space's own Gross Margin % has ranged from 25.09 to 35.62 over the past decade. While the company's 10-year median is 30.21 vs. the industry median of 26.65, MDA Space has consistently been below 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 Gross Margin % for an Aerospace & Defense company?
The median Gross Margin % among Aerospace & Defense companies is 26.65, based on 342 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MDA Space's current Gross Margin % of 24.82% is 6.9% below 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on MDA Space and its competitors. For the Aerospace & Defense industry, the median Gross Margin % is 26.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MDA Space's current Gross Margin % is 24.82%, which is 18% below median its own 10-year median of 30.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MDA Space stock overvalued right now?
Based on GuruFocus' analysis, MDA Space (TSX:MDA) is currently considered Significantly Overvalued. The stock's GF Value™ is C$31.65, compared to a current price of C$50.48 — trading 59.5% above its estimated fair value. The current Gross Margin % is 24.82%, which is 18% below median its 10-year median of 30.21 and 6.9% below the Aerospace & Defense industry median of 26.65. MDA Space's overall GF Score™ is 47/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For MDA Space (TSX:MDA), the current Gross Margin % is 24.82% 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 MDA Space (TSX:MDA) Overvalued in 2026?

Based on GuruFocus' analysis, MDA Space stock appears to be overvalued. The current stock price of C$50.48 is trading 59.5% above its estimated GF Value™ of C$31.65. GuruFocus considers MDA Space to be Significantly Overvalued.

Key valuation signals for TSX:MDA:

  • Gross Margin %: 24.82% (18% below median its 10-year median of 30.21)
  • GF Value™: C$31.65 vs. price of C$50.48 (59.5% above fair value)
  • GF Score™: 47/100 with 2 warning signs
  • Industry Position: 6.9% below the Aerospace & Defense median (#179 of 342)

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


MDA Space Business Description

Other Exchanges MDA:USA
Address 7500 Financial Drive, Brampton, ON, CAN, L6Y 6K7
MDA Space Ltd is a developer and manufacturer of technology and services to the space industry. It is an international space mission partner and robotics, satellite systems, and geo-intelligence pioneer. It is engaged in communications satellites, Earth and space observation, space exploration, and infrastructure. The Company collaborates and partners with governments and space agencies, commercial space companies, and defence and aerospace prime contractors in the space industry. Geographically, it generates the majority of its revenue from Canada.
47GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$50.48
Price
C$31.65
GF Value