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Chorus Aviation
(TSX:CHR)
Chorus Aviation (CHR) vs. iShares MSCI Canada ETF (EWC)
Chorus Aviation Business Overview & Revenue Model
Chorus Aviation Earnings Call Summary
Chorus Aviation Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.37B | 1.40B | 1.40B | 1.60B | 1.02B | 948.72M |
| Gross Profit | 264.48M | 270.89M | 337.13M | 423.40M | 205.63M | 230.12M |
| EBITDA | 196.87M | 165.54M | 271.36M | 381.35M | 270.46M | 363.12M |
| Net Income | 63.52M | -158.50M | 101.35M | 48.89M | -20.48M | 41.49M |
Balance Sheet | ||||||
| Total Assets | 1.35B | 1.61B | 3.85B | 4.06B | 3.18B | 3.34B |
| Cash, Cash Equivalents and Short-Term Investments | 56.09M | 222.22M | 88.83M | 100.03M | 123.57M | 165.72M |
| Total Debt | 384.28M | 516.38M | 1.76B | 2.03B | 1.91B | 2.19B |
| Total Liabilities | 816.19M | 1.10B | 2.57B | 2.79B | 2.49B | 2.70B |
| Stockholders Equity | 537.23M | 511.95M | 1.19B | 1.18B | 690.47M | 641.34M |
Cash Flow | ||||||
| Free Cash Flow | 48.69M | 212.13M | 256.51M | 217.23M | 110.26M | -249.50M |
| Operating Cash Flow | 84.56M | 265.02M | 299.68M | 279.51M | 184.97M | 156.64M |
| Investing Cash Flow | 719.51M | 818.67M | 37.56M | -231.37M | -45.74M | -407.59M |
| Financing Cash Flow | -949.54M | -1.06B | -325.55M | -71.46M | -180.93M | 334.56M |
Chorus Aviation Technical Analysis
Chorus Aviation Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | 3.75B | 27.10 | 9.07% | 3.75% | 6.87% | 8.42% | |
72 Outperform | 566.39M | 16.48 | ― | 3.85% | -5.62% | 88.69% | |
65 Neutral | 19.23B | 30.35 | -28.41% | ― | 6.69% | 64.89% | |
61 Neutral | 5.27B | 4.30 | 82.54% | ― | 0.33% | -15.99% | |
56 Neutral | C$578.23M | ― | 2.81% | 0.35% | -16.92% | 77.04% | |
48 Neutral | 1.15B | -2.81 | -46.67% | ― | -28.34% | -61.59% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
Chorus Aviation Corporate Events
Chorus Aviation Inc. has announced its intention to redeem all remaining 6.00% convertible senior unsecured debentures due June 30, 2026, on September 30, 2025. This move involves paying holders approximately $1,015 for each $1,000 principal amount, including accrued interest, and marks a strategic financial decision by Chorus to utilize cash on hand for this redemption. The redemption could potentially impact the company’s financial structure and market positioning, as it aims to streamline its financial obligations.
The most recent analyst rating on (TSE:CHR) stock is a Buy with a C$21.00 price target. To see the full list of analyst forecasts on Chorus Aviation stock, see the TSE:CHR Stock Forecast page.
Chorus Aviation Inc. reported a significant turnaround in its financial performance for the second quarter of 2025, with a net income of $32.4 million compared to a net loss of $180.6 million in the same period last year. The improvement is attributed to the sale of the RAL business, growth at Voyageur, and reduced corporate costs. The company also announced strategic moves such as acquiring Elisen & Associates Inc. to support future growth, delivering specialized aircraft for firefighting, and initiating a quarterly dividend to enhance shareholder value. Additionally, Chorus completed share buybacks and plans to redeem outstanding debentures to strengthen its balance sheet.
The most recent analyst rating on (TSE:CHR) stock is a Buy with a C$21.00 price target. To see the full list of analyst forecasts on Chorus Aviation stock, see the TSE:CHR Stock Forecast page.
Jazz Aviation LP has been awarded the 5-Star Diversity, Equity and Inclusion Employer recognition for 2025 by Canadian HR Reporter. This accolade underscores Jazz’s commitment to fostering an inclusive workplace culture, enhancing its industry positioning and reinforcing its reputation as a leader in diversity and inclusion initiatives. The award is based on a comprehensive evaluation of Jazz’s DEI practices and employee feedback, highlighting the company’s dedication to creating a supportive environment where employees can thrive.
The most recent analyst rating on (TSE:CHR) stock is a Buy with a C$21.00 price target. To see the full list of analyst forecasts on Chorus Aviation stock, see the TSE:CHR Stock Forecast page.
Chorus Aviation Inc. announced its agreement to acquire Elisen & Associates Inc., a Montreal-based aerospace engineering firm known for its work on complex aircraft modifications and sustainable aviation projects. This acquisition is expected to enhance Chorus’s defense and specialized MRO capabilities by leveraging Elisen’s expertise and industry relationships, although it is not anticipated to significantly impact Chorus’s financial metrics.
The most recent analyst rating on (TSE:CHR) stock is a Buy with a C$21.00 price target. To see the full list of analyst forecasts on Chorus Aviation stock, see the TSE:CHR Stock Forecast page.
Chorus Aviation Inc. announced that it will present its second quarter 2025 financial results on August 6, 2025. The presentation will be led by the company’s President and CEO, Colin Copp, along with CFO Gary Osborne, and will be accessible to analysts and media. This announcement is significant as it provides stakeholders with insights into the company’s financial performance and strategic direction for the upcoming quarters.
The most recent analyst rating on (TSE:CHR) stock is a Buy with a C$21.00 price target. To see the full list of analyst forecasts on Chorus Aviation stock, see the TSE:CHR Stock Forecast page.
Chorus Aviation Inc. has announced the initiation of a quarterly cash dividend of $0.08 per share, starting with its 2025 third-quarter earnings release. This move is part of Chorus’ strategy to enhance shareholder value following the sale of its Regional Aircraft Leasing business, alongside debt reduction and share buybacks. The company aims to distribute approximately 25% of its free cash flow as dividends while maintaining a leverage ratio within its target range and pursuing growth opportunities, reflecting its commitment to delivering shareholder value and investing in future growth.
The most recent analyst rating on (TSE:CHR) stock is a Buy with a C$21.00 price target. To see the full list of analyst forecasts on Chorus Aviation stock, see the TSE:CHR Stock Forecast page.
Chorus Aviation Inc. has initiated an automatic share purchase plan (ASPP) to facilitate the repurchase of its Class A and Class B shares under its normal course issuer bid (NCIB), which had been suspended during a substantial issuer bid. The ASPP allows Chorus to buy shares during trading blackout periods, with the plan reviewed by the Toronto Stock Exchange. This move is expected to optimize the company’s capital structure and potentially enhance shareholder value, although there is no assurance on the number of shares to be acquired.
The most recent analyst rating on (TSE:CHR) stock is a Buy with a C$21.00 price target. To see the full list of analyst forecasts on Chorus Aviation stock, see the TSE:CHR Stock Forecast page.
Chorus Aviation Inc. announced the final results of its substantial issuer bid, purchasing 471,319 shares at $21.00 per share for approximately $9.9 million. This move represents about 1.78% of its outstanding shares, and the company plans to resume its normal course issuer bid, continuing share purchases opportunistically until November 2025.
The most recent analyst rating on (TSE:CHR) stock is a Buy with a C$21.00 price target. To see the full list of analyst forecasts on Chorus Aviation stock, see the TSE:CHR Stock Forecast page.
Chorus Aviation Inc. announced the preliminary results of its substantial issuer bid, aiming to purchase and cancel up to $25 million of its shares. The company successfully tendered 471,319 shares at $21.00 each, representing approximately 1.78% of its outstanding shares. Following this transaction, Chorus will have 25,992,518 shares remaining. The issuer bid was less than the maximum allowed, so all validly tendered shares will be purchased without proration. The company plans to resume its normal course issuer bid, purchasing shares opportunistically until November 2025.
The most recent analyst rating on (TSE:CHR) stock is a Buy with a C$21.00 price target. To see the full list of analyst forecasts on Chorus Aviation stock, see the TSE:CHR Stock Forecast page.
Chorus Aviation Inc. announced that it has received exemptive relief from the Nova Scotia Securities Commission, allowing it to extend its substantial issuer bid if undersubscribed, without needing to first purchase shares already tendered. This move is part of Chorus’s offer to buy back up to $25 million worth of its Class A and Class B shares through a modified Dutch auction. The decision to extend the offer has not yet been made, but it could impact the company’s financial strategy and shareholder value.
The most recent analyst rating on (TSE:CHR) stock is a Buy with a C$21.00 price target. To see the full list of analyst forecasts on Chorus Aviation stock, see the TSE:CHR Stock Forecast page.
Chorus Aviation Inc. announced the election results for its Board of Directors during its virtual annual meeting of shareholders on May 7, 2025. The meeting saw 11,754,727 shares represented, accounting for 43.92% of the company’s voting shares, with all business items receiving approval. The election results highlight the continued support for the company’s leadership, which could positively impact its operational strategies and stakeholder confidence.