Cargojet Key Executives

This section highlights Cargojet's key executives, including their titles and compensation details.

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Cargojet Earnings

This section highlights Cargojet's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.

Next Earnings Date

Date: August 11, 2025
Time: Before Market
Est. EPS: $-
Status: Unconfirmed

Last Earnings Results

Date: April 23, 2025
EPS: $1.62
Est. EPS: $1.08
Revenue: $249.90M

Earnings Call Transcripts

Transcript Quarter Year Date Estimated EPS Actual EPS
Read Transcript Q1 2025 2025-04-24 N/A N/A
Read Transcript Q4 2024 2025-02-18 N/A N/A
Read Transcript Q3 2024 2024-11-05 N/A N/A
Read Transcript Q2 2024 2024-08-14 N/A N/A
Read Transcript Q1 2024 2024-04-29 $0.66 $1.86
Read Transcript Q4 2023 2024-02-26 $0.81 $-0.14
Read Transcript Q3 2023 2023-11-07 $0.73 $0.30
Read Transcript Q2 2023 2023-08-14 $0.93 $0.80
Read Transcript Q1 2023 2023-05-01 $1.03 $0.97

Financial Statements

Access annual & quarterly financial statements for Cargojet, including income statements, balance sheets, and cash flow statements..

Annual Income Statement

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Revenue $1.00B $877.50M $979.90M $757.80M $668.50M
Cost of Revenue $775.00M $741.40M $732.40M $526.90M $418.00M
Gross Profit $225.80M $136.10M $247.50M $230.90M $250.50M
Gross Profit Ratio 22.56% 15.51% 25.26% 30.47% 37.47%
Research and Development Expenses $- $- $- $- $-
General and Administrative Expenses $88.80M $68.90M $70.10M $55.90M $91.50M
Selling and Marketing Expenses $- $2.50M $2.70M $800.00K $4.20M
Selling General and Administrative Expenses $88.80M $71.40M $72.80M $56.70M $95.70M
Other Expenses $1.80M $- $2.20M $2.10M $2.00M
Operating Expenses $90.60M $71.40M $75.00M $58.80M $97.70M
Cost and Expenses $865.60M $812.80M $807.40M $585.70M $515.70M
Interest Income $- $5.00M $33.60M $30.90M $4.10M
Interest Expense $56.80M $61.80M $33.60M $30.90M $39.60M
Depreciation and Amortization $167.10M $221.00M $142.20M $116.40M $99.50M
EBITDA $361.60M $329.50M $397.80M $348.10M $95.30M
EBITDA Ratio 36.13% 37.55% 40.60% 45.94% 14.26%
Operating Income $135.20M $64.70M $170.50M $172.10M $156.90M
Operating Income Ratio 13.51% 7.37% 17.40% 22.71% 23.47%
Total Other Income Expenses Net $2.50M $-13.00M $47.60M $27.50M $-193.60M
Income Before Tax $137.70M $51.70M $220.00M $200.80M $-43.80M
Income Before Tax Ratio 13.76% 5.89% 22.45% 26.50% -6.55%
Income Tax Expense $29.30M $14.40M $29.40M $33.40M $44.00M
Net Income $108.40M $37.30M $190.60M $167.40M $-87.80M
Net Income Ratio 10.83% 4.25% 19.45% 22.09% -13.13%
EPS $6.69 $2.17 $11.02 $9.73 $-5.63
EPS Diluted $6.69 $2.17 $9.39 $9.51 $-5.63
Weighted Average Shares Outstanding 16.20M 17.20M 17.30M 17.20M 15.59M
Weighted Average Shares Outstanding Diluted 16.20M 17.20M 20.30M 17.60M 15.59M
SEC Filing Source Source Source Source Source


Breakdown March 31, 2025 December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020
Revenue $249.90M $293.20M $245.60M $230.80M $231.20M $221.90M $214.00M $209.70M $231.90M $267.00M $232.70M $246.60M $233.60M $235.90M $189.50M $172.10M $160.30M $187.10M $162.30M $196.10M
Cost of Revenue $197.10M $219.60M $183.70M $186.10M $187.00M $205.90M $180.50M $167.20M $186.40M $205.10M $175.10M $185.50M $166.70M $159.20M $135.50M $117.20M $115.00M $117.80M $104.00M $105.40M
Gross Profit $52.80M $73.60M $61.90M $44.70M $44.20M $16.00M $33.50M $42.50M $45.50M $61.90M $57.60M $61.10M $66.90M $76.70M $54.00M $54.90M $45.30M $69.30M $58.30M $90.70M
Gross Profit Ratio 21.13% 25.10% 25.20% 19.37% 19.12% 7.21% 15.65% 20.27% 19.62% 23.18% 24.75% 24.78% 28.64% 32.51% 28.50% 31.90% 28.26% 37.04% 35.92% 46.25%
Research and Development Expenses $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
General and Administrative Expenses $16.60M $46.10M $15.90M $22.70M $16.30M $21.80M $14.90M $14.80M $17.40M $29.80M $12.60M $8.90M $18.80M $14.60M $13.60M $16.90M $10.70M $26.40M $12.80M $24.50M
Selling and Marketing Expenses $- $-21.10M $7.70M $500.00K $700.00K $900.00K $500.00K $300.00K $800.00K $1.00M $500.00K $200.00K $1.00M $200.00K $400.00K $100.00K $100.00K $500.00K $300.00K $2.90M
Selling General and Administrative Expenses $16.60M $25.00M $23.60M $23.20M $17.00M $22.70M $15.40M $15.10M $18.20M $30.80M $13.10M $9.10M $19.80M $14.80M $14.00M $17.00M $10.80M $26.90M $13.10M $27.40M
Other Expenses $500.00K $400.00K $- $400.00K $- $- $- $- $500.00K $600.00K $500.00K $600.00K $500.00K $400.00K $600.00K $500.00K $600.00K $500.00K $-2.70M $500.00K
Operating Expenses $17.10M $25.40M $23.60M $23.20M $17.00M $22.70M $15.90M $15.60M $18.70M $31.40M $13.60M $9.70M $20.30M $15.20M $14.60M $17.50M $11.40M $27.40M $13.60M $27.90M
Cost and Expenses $214.20M $245.00M $207.30M $209.30M $204.00M $228.60M $196.40M $182.80M $205.10M $236.50M $188.70M $195.20M $187.00M $174.40M $150.10M $134.70M $126.40M $145.20M $117.60M $133.30M
Interest Income $- $- $- $- $- $- $16.20M $13.50M $10.10M $13.20M $7.40M $- $- $- $- $- $- $- $- $-
Interest Expense $12.00M $13.60M $12.70M $15.20M $15.30M $17.00M $16.20M $13.50M $10.10M $13.20M $7.40M $6.00M $7.00M $7.20M $7.50M $7.40M $8.80M $9.60M $10.40M $9.90M
Depreciation and Amortization $48.40M $48.20M $36.20M $42.50M $44.80M $48.70M $46.50M $43.20M $40.10M $41.50M $35.70M $33.60M $31.50M $30.60M $29.70M $28.20M $28.00M $400.00K $88.60M $21.80M
EBITDA $110.30M $117.00M $84.80M $44.00M $97.40M $42.00M $72.40M $87.00M $85.40M $64.50M $129.50M $209.10M $-5.20M $152.20M $33.40M $34.70M $127.90M $29.00M $28.60M $5.50M
EBITDA Ratio 44.14% 39.90% 34.53% 19.06% 42.13% 18.93% 33.83% 41.49% 36.83% 24.16% 55.65% 84.79% -2.23% 64.52% 17.63% 20.16% 79.79% 15.50% 17.62% 2.80%
Operating Income $35.70M $48.20M $38.30M $21.50M $27.20M $-6.70M $17.90M $27.30M $26.20M $30.80M $42.90M $51.10M $45.80M $121.60M $39.40M $37.40M $33.90M $41.90M $44.70M $62.80M
Operating Income Ratio 14.29% 16.44% 15.59% 9.32% 11.76% -3.02% 8.36% 13.02% 11.30% 11.54% 18.44% 20.72% 19.61% 51.55% 20.79% 21.73% 21.15% 22.39% 27.54% 32.02%
Total Other Income Expenses Net $14.20M $29.10M $-2.10M $-34.90M $10.10M $-17.00M $-7.60M $3.80M $7.80M $-20.40M $41.40M $117.80M $-91.10M $50.30M $-42.70M $-38.10M $57.20M $-46.40M $-51.60M $-79.80M
Income Before Tax $49.90M $77.30M $36.20M $-13.70M $37.30M $-23.50M $10.00M $30.70M $34.60M $10.10M $85.30M $169.20M $-44.50M $114.40M $-3.80M $-900.00K $91.10M $-7.50M $-6.90M $-28.50M
Income Before Tax Ratio 19.97% 26.36% 14.74% -5.94% 16.13% -10.59% 4.67% 14.64% 14.92% 3.78% 36.66% 68.61% -19.05% 48.50% -2.01% -0.52% 56.83% -4.01% -4.25% -14.53%
Income Tax Expense $1.90M $6.10M $6.50M $11.60M $5.10M $11.20M $-500.00K $-400.00K $4.10M $7.30M $1.90M $8.30M $11.90M $12.40M $9.10M $10.20M $1.70M $13.00M $13.50M $16.60M
Net Income $48.00M $71.20M $29.70M $-25.00M $32.50M $-34.90M $10.50M $31.10M $30.50M $2.80M $83.40M $160.90M $-56.40M $102.00M $-12.90M $-11.10M $89.40M $-20.50M $-20.40M $-45.10M
Net Income Ratio 19.21% 24.28% 12.09% -10.83% 14.06% -15.73% 4.91% 14.83% 13.15% 1.05% 35.84% 65.25% -24.14% 43.24% -6.81% -6.45% 55.77% -10.96% -12.57% -23.00%
EPS $3.07 $4.40 $1.86 $-1.52 $1.95 $-2.04 $0.61 $1.81 $1.77 $0.15 $4.85 $9.30 $-3.26 $5.90 $-0.74 $-0.71 $5.35 $-1.23 $-1.31 $-2.89
EPS Diluted $2.87 $4.40 $1.63 $-1.52 $1.70 $-2.04 $0.51 $1.50 $1.68 $0.13 $4.77 $9.14 $-3.26 $5.90 $-0.74 $-0.64 $5.23 $-1.20 $-1.31 $-2.89
Weighted Average Shares Outstanding 15.60M 16.20M 16.00M 16.40M 16.70M 17.15M 17.20M 17.20M 17.20M 17.20M 17.20M 17.30M 17.30M 17.30M 17.43M 15.60M 16.70M 16.70M 15.57M 15.60M
Weighted Average Shares Outstanding Diluted 17.10M 16.20M 18.20M 16.40M 19.10M 17.15M 20.70M 20.70M 20.40M 20.09M 17.50M 17.60M 17.30M 17.30M 17.50M 17.30M 17.10M 17.10M 15.60M 15.60M
SEC Filing Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source

Annual Balance Sheet

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Cash and Cash Equivalents $1.50M $31.80M $6.10M $94.70M $3.70M
Short Term Investments $- $- $- $- $-
Cash and Short Term Investments $1.50M $31.80M $6.10M $94.70M $3.70M
Net Receivables $103.10M $119.20M $95.70M $75.30M $41.40M
Inventory $2.50M $2.60M $3.30M $2.20M $1.50M
Other Current Assets $8.00M $124.50M $11.00M $27.90M $49.60M
Total Current Assets $115.10M $278.10M $116.10M $200.10M $96.20M
Property Plant Equipment Net $1.65B $1.57B $1.64B $1.16B $998.70M
Goodwill $48.30M $48.30M $48.30M $48.30M $48.30M
Intangible Assets $2.00M $2.00M $2.00M $2.00M $2.00M
Goodwill and Intangible Assets $50.30M $50.30M $50.30M $50.30M $50.30M
Long Term Investments $7.70M $129.20M $7.40M $9.40M $68.40M
Tax Assets $- $5.40M $3.10M $3.10M $3.20M
Other Non-Current Assets $101.50M $6.30M $165.80M $67.00M $7.10M
Total Non-Current Assets $1.81B $1.76B $1.87B $1.29B $1.13B
Other Assets $- $1 $- $- $-
Total Assets $1.93B $2.04B $1.99B $1.49B $1.22B
Account Payables $142.60M $147.00M $80.80M $60.10M $63.30M
Short Term Debt $34.30M $22.90M $31.40M $22.00M $103.80M
Tax Payables $- $- $- $- $-
Deferred Revenue $- $- $- $- $-
Other Current Liabilities $20.70M $16.40M $38.30M $16.10M $13.50M
Total Current Liabilities $197.60M $186.30M $150.50M $98.20M $180.60M
Long Term Debt $720.80M $776.30M $675.60M $376.60M $469.00M
Deferred Revenue Non-Current $- $- $- $- $-
Deferred Tax Liabilities Non-Current $178.70M $154.80M $138.10M $108.70M $79.50M
Other Non-Current Liabilities $90.90M $134.40M $190.60M $229.90M $319.60M
Total Non-Current Liabilities $990.40M $1.07B $1.00B $715.20M $868.10M
Other Liabilities $- $- $- $- $-
Total Liabilities $1.19B $1.25B $1.15B $813.40M $1.05B
Preferred Stock $- $- $- $- $-
Common Stock $588.50M $609.80M $650.90M $655.20M $300.00M
Retained Earnings $134.00M $160.80M $166.80M $7.80M $-140.20M
Accumulated Other Comprehensive Income Loss $13.10M $13.10M $13.10M $13.10M $13.10M
Other Total Stockholders Equity $2.10M $800.00K $700.00K $300.00K $2.30M
Total Stockholders Equity $737.70M $784.50M $831.50M $676.40M $175.20M
Total Equity $737.70M $784.50M $831.50M $676.40M $175.20M
Total Liabilities and Stockholders Equity $1.93B $2.04B $1.99B $1.49B $1.22B
Minority Interest $- $- $- $- $-
Total Liabilities and Total Equity $1.93B $2.04B $1.99B $1.49B $1.22B
Total Investments $7.70M $129.20M $7.40M $9.40M $68.40M
Total Debt $755.10M $799.20M $707.00M $398.60M $572.80M
Net Debt $753.60M $767.40M $700.90M $303.90M $569.10M


Balance Sheet Charts

Breakdown March 31, 2025 December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020
Cash and Cash Equivalents $7.40M $1.50M $6.70M $4.60M $19.90M $31.80M $42.80M $6.50M $6.90M $6.10M $6.30M $-95.20M $52.80M $94.70M $132.80M $151.50M $215.80M $3.70M $1.40M $-184.40M
Short Term Investments $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Cash and Short Term Investments $7.40M $1.50M $6.70M $4.60M $19.90M $31.80M $42.80M $6.50M $6.90M $6.10M $6.30M $-95.20M $52.80M $94.70M $132.80M $151.50M $215.80M $3.70M $1.40M $-184.40M
Net Receivables $94.90M $103.10M $106.10M $108.30M $108.40M $119.20M $116.00M $86.00M $103.60M $95.70M $104.00M $97.40M $70.70M $75.30M $62.50M $32.90M $44.80M $41.40M $47.60M $61.90M
Inventory $2.80M $2.50M $1.90M $1.80M $1.60M $2.60M $3.00M $2.20M $2.70M $3.30M $3.00M $3.30M $2.40M $2.20M $1.90M $1.70M $1.60M $1.50M $1.60M $2.00M
Other Current Assets $10.20M $8.00M $18.60M $27.70M $15.00M $124.50M $21.60M $94.70M $119.30M $11.00M $9.30M $21.90M $33.60M $27.90M $37.70M $36.80M $24.20M $49.60M $42.70M $40.50M
Total Current Assets $115.30M $115.10M $133.30M $142.40M $144.90M $278.10M $183.40M $189.40M $232.50M $116.10M $122.60M $122.60M $159.50M $200.10M $234.90M $222.90M $286.40M $96.20M $93.30M $104.40M
Property Plant Equipment Net $1.72B $1.65B $1.56B $1.54B $1.53B $1.57B $1.69B $1.60B $1.54B $1.64B $1.52B $1.44B $1.25B $1.16B $1.12B $1.09B $1.03B $998.70M $914.10M $908.90M
Goodwill $48.30M $48.30M $48.30M $48.30M $48.30M $48.30M $48.30M $48.30M $48.30M $48.30M $48.30M $48.30M $48.30M $48.30M $48.30M $48.30M $48.30M $48.30M $48.30M $48.30M
Intangible Assets $2.00M $2.00M $2.00M $2.00M $2.00M $2.00M $2.00M $2.00M $2.00M $2.00M $2.00M $2.00M $2.00M $2.00M $2.00M $2.00M $2.00M $2.00M $2.00M $2.00M
Goodwill and Intangible Assets $50.30M $50.30M $50.30M $50.30M $50.30M $50.30M $50.30M $50.30M $50.30M $50.30M $50.30M $50.30M $50.30M $50.30M $50.30M $50.30M $50.30M $50.30M $50.30M $50.30M
Long Term Investments $8.00M $7.70M $110.50M $117.60M $123.50M $129.20M $7.50M $7.20M $6.80M $7.40M $7.10M $8.30M $8.60M $9.40M $9.40M $64.10M $65.40M $- $- $-
Tax Assets $- $- $- $2.00M $5.40M $5.40M $3.10M $3.10M $3.10M $3.10M $3.10M $3.10M $3.10M $3.10M $3.20M $3.20M $3.20M $3.20M $3.20M $3.20M
Other Non-Current Assets $95.50M $101.50M $7.00M $4.40M $6.40M $6.30M $163.00M $166.00M $170.00M $165.80M $170.70M $171.40M $170.70M $67.00M $69.80M $6.70M $6.70M $75.50M $78.40M $79.70M
Total Non-Current Assets $1.87B $1.81B $1.72B $1.71B $1.72B $1.76B $1.91B $1.83B $1.77B $1.87B $1.75B $1.67B $1.49B $1.29B $1.25B $1.21B $1.16B $1.13B $1.05B $1.04B
Other Assets $- $- $- $1 $- $1 $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Assets $1.99B $1.93B $1.86B $1.86B $1.86B $2.04B $2.10B $2.02B $2.00B $1.99B $1.87B $1.80B $1.64B $1.49B $1.48B $1.43B $1.44B $1.22B $1.14B $1.15B
Account Payables $100.50M $142.60M $99.20M $100.30M $103.00M $147.00M $114.20M $104.50M $112.80M $100.40M $94.30M $90.70M $83.30M $60.10M $84.80M $64.90M $84.10M $70.40M $72.20M $79.60M
Short Term Debt $33.10M $34.30M $134.20M $136.10M $23.20M $22.90M $119.20M $113.90M $30.30M $31.40M $22.40M $42.40M $21.30M $22.00M $38.80M $39.10M $50.80M $103.80M $65.70M $139.20M
Tax Payables $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Deferred Revenue $- $- $- $- $5.20M $5.30M $4.90M $4.90M $- $- $- $- $- $- $- $- $- $- $- $-
Other Current Liabilities $40.40M $20.70M $5.60M $5.10M $24.10M $16.40M $47.50M $40.70M $25.70M $18.70M $23.50M $-16.20M $4.50M $16.10M $4.50M $4.50M $4.50M $3.60M $3.60M $-66.00M
Total Current Liabilities $174.00M $197.60M $239.00M $241.50M $150.30M $186.30M $280.90M $259.10M $168.80M $150.50M $140.20M $116.90M $109.10M $98.20M $128.10M $108.50M $139.40M $180.60M $141.50M $152.80M
Long Term Debt $807.30M $720.80M $568.80M $569.10M $651.30M $776.30M $687.20M $610.80M $670.40M $675.60M $577.40M $587.80M $371.60M $376.60M $382.80M $385.90M $390.90M $469.00M $476.20M $635.80M
Deferred Revenue Non-Current $- $- $- $90.00M $92.40M $96.20M $- $- $- $- $- $- $- $- $- $- $- $- $256.10M $-
Deferred Tax Liabilities Non-Current $180.60M $178.70M $172.60M $166.10M $159.90M $154.80M $141.30M $141.80M $142.20M $138.10M $130.80M $128.90M $120.60M $108.70M $97.00M $87.70M $77.30M $79.50M $66.50M $53.00M
Other Non-Current Liabilities $46.20M $90.90M $164.10M $172.30M $116.80M $134.40M $97.40M $124.30M $166.20M $190.60M $191.40M $206.20M $428.10M $229.90M $297.00M $255.60M $223.10M $319.60M $700.00K $82.50M
Total Non-Current Liabilities $1.03B $990.40M $905.50M $907.50M $928.00M $1.07B $925.90M $876.90M $978.80M $1.00B $899.60M $922.90M $920.30M $715.20M $776.80M $729.20M $691.30M $868.10M $799.50M $771.30M
Other Liabilities $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Liabilities $1.21B $1.19B $1.14B $1.15B $1.08B $1.25B $1.21B $1.14B $1.15B $1.15B $1.04B $1.04B $1.03B $813.40M $904.90M $837.70M $830.70M $1.05B $941.00M $924.10M
Preferred Stock $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Common Stock $590.40M $588.50M $603.10M $607.10M $622.30M $609.80M $651.80M $651.80M $651.80M $650.90M $650.90M $651.20M $655.20M $655.20M $654.60M $654.90M $655.10M $300.00M $300.00M $300.00M
Retained Earnings $175.90M $134.00M $94.60M $85.20M $150.60M $160.80M $224.00M $218.50M $192.20M $166.80M $169.30M $91.90M $-53.10M $7.80M $-89.70M $-72.30M $-56.70M $-140.20M $-116.10M $-92.10M
Accumulated Other Comprehensive Income Loss $13.10M $13.10M $13.10M $13.10M $13.10M $13.10M $13.10M $13.10M $13.10M $13.10M $13.10M $13.10M $13.10M $13.10M $13.10M $13.10M $13.10M $13.10M $13.10M $13.10M
Other Total Stockholders Equity $900.00K $2.10M $1.50M $900.00K $400.00K $800.00K $600.00K $300.00K $200.00K $700.00K $500.00K $-200.00K $300.00K $300.00K $300.00K $200.00K $200.00K $2.30M $1.30M $1.40M
Total Stockholders Equity $780.30M $737.70M $712.30M $706.30M $786.40M $784.50M $889.50M $883.70M $857.30M $831.50M $833.80M $756.00M $615.50M $676.40M $578.30M $595.90M $611.70M $175.20M $198.30M $222.40M
Total Equity $780.30M $737.70M $712.30M $706.30M $786.40M $784.50M $889.50M $883.70M $857.30M $831.50M $833.80M $756.00M $615.50M $676.40M $578.30M $595.90M $611.70M $175.20M $198.30M $222.40M
Total Liabilities and Stockholders Equity $1.99B $1.93B $1.86B $1.86B $1.86B $2.04B $2.10B $2.02B $2.00B $1.99B $1.87B $1.80B $1.64B $1.49B $1.48B $1.43B $1.44B $1.22B $1.14B $1.15B
Minority Interest $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Liabilities and Total Equity $1.99B $1.93B $1.86B $1.86B $1.86B $2.04B $2.10B $2.02B $2.00B $1.99B $1.87B $1.80B $1.64B $1.49B $1.48B $1.43B $1.44B $1.22B $1.14B $1.15B
Total Investments $8.00M $7.70M $110.50M $117.60M $123.50M $129.20M $7.50M $7.20M $6.80M $7.40M $7.10M $8.30M $8.60M $9.40M $9.40M $64.10M $65.40M $- $- $-
Total Debt $840.40M $755.10M $703.00M $705.20M $674.50M $799.20M $806.40M $724.70M $700.70M $707.00M $599.80M $535.00M $392.90M $398.60M $421.60M $425.00M $441.70M $572.80M $541.90M $590.60M
Net Debt $833.00M $753.60M $696.30M $700.60M $654.60M $767.40M $763.60M $718.20M $693.80M $700.90M $593.50M $630.20M $340.10M $303.90M $288.80M $273.50M $225.90M $569.10M $540.50M $775.00M

Annual Cash Flow

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Net Income $108.40M $37.30M $190.60M $167.40M $-87.80M
Depreciation and Amortization $189.20M $178.40M $153.70M $123.70M $109.10M
Deferred Income Tax $29.30M $14.40M $29.40M $33.40M $44.00M
Stock Based Compensation $7.30M $1.50M $-4.10M $-15.20M $32.90M
Change in Working Capital $40.20M $-39.20M $-11.10M $-27.50M $33.60M
Accounts Receivables $16.10M $-23.50M $-20.60M $-32.90M $10.00M
Inventory $100.00K $700.00K $-1.10M $-700.00K $800.00K
Accounts Payables $- $-14.20M $17.60M $5.10M $21.90M
Other Working Capital $24.00M $-2.20M $-7.00M $1.00M $900.00K
Other Non Cash Items $-45.80M $400.00K $-74.30M $-50.60M $160.80M
Net Cash Provided by Operating Activities $328.60M $192.80M $282.50M $245.00M $292.60M
Investments in Property Plant and Equipment $-250.00M $-266.70M $-611.20M $-277.60M $-146.60M
Acquisitions Net $- $127.00M $700.00K $-9.40M $800.00K
Purchases of Investments $- $- $- $- $-
Sales Maturities of Investments $- $- $- $- $-
Other Investing Activities $107.30M $12.20M $-4.60M $6.60M $18.10M
Net Cash Used for Investing Activities $-142.70M $-127.50M $-615.10M $-280.40M $-127.70M
Debt Repayment $-61.80M $16.50M $279.90M $-72.90M $-138.70M
Common Stock Issued $- $- $- $349.80M $-
Common Stock Repurchased $-127.70M $-35.50M $-16.70M $- $-7.10M
Dividends Paid $-26.70M $-19.70M $-18.90M $-17.10M $-14.60M
Other Financing Activities $- $-900.00K $-300.00K $-119.60M $-2.40M
Net Cash Used Provided by Financing Activities $-216.20M $-39.60M $244.00M $126.40M $-162.80M
Effect of Forex Changes on Cash $- $- $- $- $-
Net Change in Cash $-30.30M $25.70M $-88.60M $91.00M $2.10M
Cash at End of Period $1.50M $31.80M $6.10M $94.70M $3.70M
Cash at Beginning of Period $31.80M $6.10M $94.70M $3.70M $1.60M
Operating Cash Flow $328.60M $192.80M $282.50M $245.00M $292.60M
Capital Expenditure $-250.00M $-266.70M $-611.20M $-277.60M $-146.60M
Free Cash Flow $78.60M $-73.90M $-328.70M $-32.60M $146.00M

Cash Flow Charts

Breakdown March 31, 2025 December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022 September 30, 2022 June 30, 2022 March 31, 2022 December 31, 2021 September 30, 2021 June 30, 2021 March 31, 2021 December 31, 2020 September 30, 2020 June 30, 2020
Net Income $48.00M $71.20M $29.70M $-25.00M $32.50M $-34.90M $10.50M $31.20M $30.50M $2.80M $83.20M $161.00M $-56.40M $102.00M $-12.90M $-11.10M $89.40M $-20.50M $-20.40M $-45.10M
Depreciation and Amortization $48.40M $26.10M $36.20M $42.50M $44.80M $48.70M $56.30M $43.20M $40.10M $45.50M $43.20M $32.50M $32.50M $32.00M $31.20M $29.50M $31.00M $29.80M $27.90M $28.00M
Deferred Income Tax $1.90M $6.10M $6.50M $11.60M $5.10M $11.20M $-500.00K $-400.00K $4.10M $7.30M $1.90M $8.30M $11.90M $12.40M $9.10M $10.20M $1.70M $13.00M $13.50M $16.60M
Stock Based Compensation $-3.40M $-6.80M $3.40M $8.40M $-100.00K $-2.20M $2.20M $-100.00K $1.60M $-2.40M $5.00M $-12.40M $7.30M $5.80M $-3.20M $-18.40M $16.00M $8.40M $-8.30M $-10.90M
Change in Working Capital $-4.00M $10.80M $22.30M $-17.50M $24.60M $-24.00M $-20.90M $8.40M $-2.70M $5.10M $-4.00M $-28.00M $15.80M $-16.80M $-9.50M $-9.80M $8.60M $6.60M $8.40M $35.60M
Accounts Receivables $8.20M $3.00M $2.20M $100.00K $10.80M $-3.20M $-30.00M $17.60M $-7.90M $8.10M $-6.60M $-26.70M $4.60M $-11.80M $-29.60M $11.90M $-3.40M $6.00M $14.30M $-2.30M
Inventory $-300.00K $-600.00K $-100.00K $-200.00K $1.00M $400.00K $-800.00K $500.00K $600.00K $-300.00K $300.00K $-900.00K $-200.00K $-300.00K $-200.00K $-100.00K $-100.00K $100.00K $400.00K $-1.00M
Accounts Payables $- $- $17.90M $-16.30M $15.60M $-26.90M $8.20M $-6.40M $10.90M $-4.20M $8.50M $26.70M $-4.60M $-6.50M $19.90M $-19.20M $10.90M $- $- $-
Other Working Capital $-11.90M $8.40M $2.30M $-1.10M $-2.80M $5.70M $1.70M $-3.30M $-6.30M $1.50M $-6.20M $-27.10M $16.00M $-16.50M $-9.30M $-9.70M $8.70M $6.50M $8.00M $36.60M
Other Non Cash Items $-26.10M $-3.80M $-1.90M $138.30M $35.50M $32.70M $-8.20M $-24.80M $-9.20M $4.20M $-44.40M $-121.60M $87.50M $-66.10M $42.70M $28.80M $-56.00M $51.40M $33.90M $61.40M
Net Cash Provided by Operating Activities $64.80M $103.60M $96.20M $48.50M $80.30M $31.50M $39.40M $58.80M $63.10M $62.50M $78.00M $46.30M $95.70M $61.40M $63.70M $54.80M $65.10M $88.70M $72.10M $108.70M
Investments in Property Plant and Equipment $-111.90M $-136.90M $-52.20M $-48.00M $-12.90M $-37.00M $-68.00M $-113.80M $-47.90M $-164.10M $-115.30M $-207.50M $-124.30M $-74.80M $-58.90M $-84.20M $-59.70M $-53.50M $-27.40M $-33.60M
Acquisitions Net $- $- $3.80M $- $101.30M $31.20M $59.30M $36.50M $- $300.00K $100.00K $300.00K $- $-9.20M $100.00K $- $- $- $- $-
Purchases of Investments $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Sales Maturities of Investments $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Other Investing Activities $1.20M $- $2.20M $- $101.30M $12.20M $95.60M $36.50M $- $-2.30M $-700.00K $-1.60M $- $6.50M $-9.30M $- $- $100.00K $14.80M $3.70M
Net Cash Used for Investing Activities $-110.70M $-136.90M $-46.20M $-48.00M $88.40M $6.40M $-8.70M $-77.30M $-47.90M $-166.10M $-115.90M $-208.80M $-124.30M $-68.30M $-68.20M $-84.20M $-59.70M $-53.40M $-12.60M $-29.90M
Debt Repayment $83.40M $45.10M $4.40M $33.90M $-129.30M $10.00M $11.50M $23.00M $-2.20M $104.70M $55.60M $131.40M $-8.80M $-26.50M $-8.30M $-18.20M $-136.70M $-24.20M $-54.20M $-60.90M
Common Stock Issued $- $- $- $- $- $- $900.00K $- $- $13.10M $- $- $- $- $- $349.80M $349.80M $- $- $-
Common Stock Repurchased $-31.60M $-5.80M $-38.00M $-37.90M $-46.00M $-35.50M $-900.00K $- $- $-13.10M $-6.10M $-10.60M $- $-200.00K $-1.40M $-12.20M $- $-5.30M $- $-400.00K
Dividends Paid $- $-11.20M $-5.00M $-5.20M $-5.30M $-4.90M $-5.00M $-4.90M $-4.90M $-4.90M $-5.00M $-4.50M $-4.50M $-4.50M $-4.50M $-4.50M $-3.60M $-3.60M $-3.70M $-3.70M
Other Financing Activities $- $- $-9.30M $-6.60M $- $-18.50M $-900.00K $- $-7.30M $3.60M $-300.00K $-3.00M $- $- $- $-12.20M $-2.80M $100.00K $- $-16.40M
Net Cash Used Provided by Financing Activities $51.80M $28.10M $-47.90M $-15.80M $-180.60M $-48.90M $5.60M $18.10M $-14.40M $103.40M $44.20M $109.70M $-13.30M $-31.20M $-14.20M $-34.90M $206.70M $-33.00M $-58.10M $-81.00M
Effect of Forex Changes on Cash $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-59.50M $-78.80M
Net Change in Cash $5.90M $-5.20M $2.10M $-15.30M $-11.90M $-11.00M $36.30M $-400.00K $800.00K $-200.00K $6.30M $-52.80M $-41.90M $-38.10M $-18.70M $-64.30M $212.10M $2.30M $-58.10M $-81.00M
Cash at End of Period $7.40M $1.50M $6.70M $4.60M $19.90M $31.80M $42.80M $6.50M $6.90M $6.10M $6.30M $- $52.80M $94.70M $132.80M $151.50M $215.80M $3.70M $1.40M $-78.80M
Cash at Beginning of Period $1.50M $6.70M $4.60M $19.90M $31.80M $42.80M $6.50M $6.90M $6.10M $6.30M $- $52.80M $94.70M $132.80M $151.50M $215.80M $3.70M $1.40M $59.50M $2.20M
Operating Cash Flow $64.80M $103.60M $96.20M $48.50M $80.30M $31.50M $39.40M $58.80M $63.10M $62.50M $78.00M $46.30M $95.70M $61.40M $63.70M $54.80M $65.10M $88.70M $72.10M $108.70M
Capital Expenditure $-111.90M $-136.90M $-52.20M $-48.00M $-12.90M $-37.00M $-68.00M $-113.80M $-47.90M $-164.10M $-115.30M $-207.50M $-124.30M $-74.80M $-58.90M $-84.20M $-59.70M $-53.50M $-27.40M $-33.60M
Free Cash Flow $-47.10M $-33.30M $44.00M $500.00K $67.40M $-5.50M $-28.60M $-55.00M $15.20M $-101.60M $-37.30M $-161.20M $-28.60M $-13.40M $4.80M $-29.40M $5.40M $35.20M $44.70M $75.10M

Cargojet Inc. (CJT.TO)

Cargojet Inc. provides time sensitive overnight air cargo services in Canada. Its air cargo business activities include operation of domestic air cargo network services between fourteen cities in North America; and provision of dedicated aircraft to customers on an aircraft, crew, maintenance, and insurance (ACMI) basis operating between points in Canada, North and South America, and Europe. The company also operates scheduled international routes for various cargo customers between the United States and Bermuda; and between Canada, the United Kingdom, and Germany. In addition, it offers aircraft to customers on an adhoc charter basis operating between points in Canada, the United States, and other international destinations; and specialty charter services for livestock shipments, military equipment movements, emergency relief supplies, and virtually large shipments across North America, South America, the Caribbean, and Europe. Further, the company is involved in the flight planning and dispatch, crew planning and training, ground handling, and commercial airline cargo management businesses. As of December 31, 2021, it operated a fleet of 31 aircraft. The company was founded in 2005 and is headquartered in Mississauga, Canada.

Industrials Integrated Freight & Logistics

$85.30

Stock Price

$1.35B

Market Cap

-

Employees

Mississauga, ON

Location

Revenue (FY 2024)

$1.00B

14.1% YoY

Net Income (FY 2024)

$108.40M

190.6% YoY

EPS (FY 2024)

$6.69

208.3% YoY

Free Cash Flow (FY 2024)

$78.60M

206.4% YoY

Profitability

Gross Margin

22.6%

Net Margin

10.8%

ROE

14.7%

ROA

5.6%

Valuation

P/E Ratio

16.12

P/S Ratio

1.75

EV/EBITDA

6.92

Market Cap

$1.35B

Revenue & Net Income

Profit Margins

Cash Flow Summary

Operating Cash Flow

$328.60M

70.4% YoY

Free Cash Flow

$78.60M

206.4% YoY

Balance Sheet Summary

Total Assets

$1.93B

-5.4% YoY

Total Debt

$755.10M

5.5% YoY

Shareholder Equity

$737.70M

-0.2% YoY

Dividend Overview

$0.35

Latest Dividend

%

Dividend Yield

%

Payout Ratio

Recent Dividend History
Date Amount Type
2025-03-20 $0.35 March 20, 25
2024-12-20 $0.35 December 20, 24
2024-09-20 $0.35 September 20, 24
2024-06-20 $0.31 June 20, 24
2024-03-19 $0.31 March 19, 24
2023-12-19 $0.31 December 19, 23
2023-09-19 $0.29 September 19, 23
2023-06-19 $0.29 June 19, 23
2023-03-17 $0.29 March 17, 23
2022-12-19 $0.29 December 19, 22

Cargojet Dividends

Explore Cargojet's dividend history, including dividend yield, payout ratio, and historical payments.

Dividend Yield

1.53%

Dividend Payout Ratio

24.63%

Dividend Paid & Capex Coverage Ratio

1.19x

Cargojet Dividend History

Dividend Adjusted Dividend Date Record Date Payment Date Declaration Date
$0.35 $0.35 March 20, 2025 March 20, 2025 April 04, 2025
$0.35 $0.35 December 20, 2024 December 20, 2024 January 03, 2025
$0.35 $0.35 September 20, 2024 September 20, 2024 October 04, 2024
$0.3146 $0.3146 June 20, 2024 June 20, 2024 July 05, 2024
$0.3146 $0.3146 March 19, 2024 March 20, 2024 April 05, 2024
$0.3146 $0.3146 December 19, 2023 December 20, 2023 January 05, 2024 December 19, 2023
$0.286 $0.286 September 19, 2023 September 20, 2023 October 05, 2023 September 18, 2023
$0.286 $0.286 June 19, 2023 June 20, 2023 July 05, 2023 June 19, 2023
$0.286 $0.286 March 17, 2023 March 20, 2023 April 05, 2023 March 15, 2023
$0.286 $0.286 December 19, 2022 December 20, 2022 January 05, 2023 December 19, 2022
$0.286 $0.286 September 19, 2022 September 20, 2022 October 05, 2022 September 19, 2022
$0.286 $0.286 June 17, 2022 June 20, 2022 July 05, 2022 June 17, 2022
$0.26 $0.26 March 18, 2022 March 21, 2022 April 05, 2022 March 18, 2022
$0.26 $0.26 December 17, 2021 December 20, 2021 January 05, 2022 November 15, 2021
$0.26 $0.26 September 17, 2021 September 20, 2021 October 05, 2021 September 17, 2021
$0.26 $0.26 June 21, 2021 June 22, 2021 July 05, 2021 June 21, 2021
$0.26 $0.26 March 18, 2021 March 19, 2021 April 05, 2021 March 18, 2021
$0.234 $0.234 December 18, 2020 December 21, 2020 January 05, 2021 December 18, 2020
$0.234 $0.234 September 18, 2020 September 21, 2020 October 05, 2020 August 10, 2020
$0.234 $0.234 June 18, 2020 June 19, 2020 July 06, 2020 May 11, 2020

Cargojet News

Read the latest news about Cargojet, including recent articles, headlines, and updates.

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Related Metrics

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