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Chorus Aviation Inc.

Chorus Aviation Inc.

CHR.TO
Chorus Aviation Inc.CA flagToronto Stock Exchange
24.26
CAD
-0.13
- -
557.55MMarket Cap
Chorus Aviation Inc.
CHR.TO
(Toronto Stock Exchange)

Recent

price

24.26

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
85.13
94.33
96.61
94.86
96.13
88.87
73.12
76.73
69.4
60.93
41.1
41.27
57.45
50.16
51.7
51.05
39.13
Revenue per Share
3.2
3.86
5.66
3.51
3.73
1.47
6.4
9.5
3.46
5.94
1.8
-0.83
0.94
2.36
-6.49
3.05
2.26
Basic EPS, GAAP
3.69
-3.12
-1.54
0.04
7.92
-5.29
-14.13
-16.86
-4.49
-27.38
-10.81
4.45
7.82
9.22
7.81
1.08
3.32
Free Cash Flow per Basic Share
4.58
3.16
4.2
3.16
3.68
3.3
3.36
3.36
2.75
2.47
0.81
- -
0.53
1.26
0.99
0.15
0.18
Dividend per Share
-51.49
-51.98
-52.45
-49.39
-52.48
-53.49
-51.68
-42.95
-32.31
-19.36
-17.15
-14.17
3.11
4.74
-16.27
-16.17
-16.98
Book Value per Share
8.83
7.73
7.08
10.17
7.12
5.79
7.39
15.44
21.57
26.58
27.4
27.49
44.66
45.04
18.51
19.22
19.65
Tangible Book Value per Share
17
18
18
18
17
17
17
18
20
22
23
25
28
28
27
26
25
Basic Weighted Avg Shares
1,486
1,664
1,711
1,672
1,666
1,545
1,277
1,352
1,353
1,366
949
1,023
1,596
1,400
1,405
1,316
970
Sales/Revenue/Turnover
5.84
6.12
7.45
7.43
8.28
9.68
11.86
12.8
16.01
14.67
12.07
6.94
11.8
11.33
6.59
7.57
6.51
Operating Margin (%)
44
44
57
63
66
60
81
103
118
137
224
201
203
91
116
107
79
Depreciation Expense
56
68
100
62
65
25
112
167
67
133
41
-20
49
101
-158
79
56
Net Income, GAAP
19.68
23.38
15.37
27.96
31.54
58.28
22.61
9.06
35.64
15.86
11.7
- -
29.7
25.84
- -
20.18
16.22
Effective Tax Rate (%)
3.76
4.09
5.86
3.7
3.88
1.65
8.75
12.37
4.98
9.74
4.37
-2
3.06
7.24
-11.28
5.98
5.79
Profit Margin (%)
11
-10
20
-28
-21
-89
-121
-124
-106
-136
-2
-42
-229
-174
-31
78
103
Working Capital
85
282
372
403
393
561
826
1,210
1,313
1,669
1,974
1,684
1,685
1,322
283
307
315
LT Debt
161
143
132
186
130
111
139
282
430
605
641
690
1,268
1,280
512
508
499
Total Equity
11.03
21.55
21.16
14.2
14.58
9.39
12.92
11.76
7.92
7.71
3.81
- -
4.44
3.67
- -
8.17
5.83
Return on Invested Capital (%)
65.16
-10.89
-20.4
-17.53
-18.31
-8.33
-87.51
70.77
14.97
17.53
7.65
- -
6.35
6.14
- -
591.96
-245.5
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
60.32
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
67
68
LT Borrowings
- -
296
304
LT Finance Leases
- -
11
11
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
25
23
23
Market Capitalization
602
569
556

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
337
374
Cash, Cash Equivalents & STI
- -
29
98
Accounts Receivable, Net
- -
109
82
Inventories
- -
159
158
Total Current Liabilities
- -
259
271
Payables & Accruals
- -
189
197
ST Debt
- -
67
68
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
25.89%
6.3%
-0.8%
Free Cash Flow
52.73%
-26.64%
-86.87%
Net Income, GAAP
-42.96%
-157.36%
-149.68%
Sales/Revenue/Turnover
0.46%
9.12%
-6.3%
Total Cash Common Dividend
- -
- -
-56.08%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
359
351
342
353
1,405
2025
348
325
- -
320
1,316
2026
325
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
-6.88
0.72
-0.28
-6.49
2025
0.71
1.24
- -
- -
3.05
2026
0.3
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.32
0.33
0.33
- -
0.99
2025
- -
- -
- -
- -
0.15
2026
0.11
- -
- -
- -
- -
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Business
Chorus Aviation Inc. (TSX: CHR) is a Canadian holding company that provides integrated regional aviation solutions through its subsidiaries, encompassing every stage of an aircraft's lifecycle; core services include contract flying and charter operations via Jazz Aviation and Voyageur Aviation, such as scheduled regional flights under capacity purchase agreements with Air Canada, specialized missions including medical, logistical, humanitarian, and defense-related flights; maintenance, repair, and overhaul (MRO) services covering component, sheet metal, avionics repairs, aircraft refurbishment, and engineering/certification support; and aircraft leasing through its former Regional Aircraft Leasing segment via Chorus Aviation Capital Corp., which leased regional jets, turboprops, and Airbus A220s to operators in 13 countries across five continents. The company operates primarily in two segments: Regional Aviation Services, which generates the majority of revenue from Jazz and Voyageur activities, and previously Regional Aircraft Leasing; it targets airlines, governments, and third-party operators with facilities in Nova Scotia, Ontario, New Brunswick, Quebec, and Ireland. Founded in 2010 and headquartered at 3 Spectacle Lake Drive in Dartmouth, Nova Scotia, Chorus focuses on North American and international markets with emphasis on predictable cash flows from long-term contracts. In recent developments, Chorus completed the sale of its Regional Aircraft Leasing segment to affiliates of HPS Investment Partners in 2024 for net proceeds representing a premium to market value, enabling debt reduction and a shift toward aviation services growth; it acquired Elisen & Associates Inc., a Montreal-based aerospace engineering and certification firm, in 2025 to enhance defense and specialized MRO capabilities; and announced the sale of three Dash 8-400 aircraft in September 2025 for approximately US$20 million as part of fleet optimization under its Jazz-Air Canada agreement.