Magellan Aerospace
OverviewSuggest Edit
Magellan Aerospace is an integrated aerospace company that provides complex assemblies and systems solutions to aircraft and engine manufacturers, and defense and space agencies. The company designs and manufactures aeroengine and aerostructure assemblies and components for aerospace markets, advanced products for military and space markets, industrial power generation, and specialty products. Its products include aerostructure components, engine nacelles, sounding rockets, target systems, small satellites, precision magnesium and aluminum sand castings, aircraft engines, gas turbines, and other industrial components.
| Type | Public | |
| Founded | 1996 | |
| HQ | Mississauga, CA | Map |
| Website | magellan.aero |
Recent NewsAll News
- Magellan to Exhibit at the Aerospace and Defense Supplier Summit
- Magellan and Euravia to Exhibit in the Canadian Pavilion at the Singapore Airshow
- Magellan and Euravia to Exhibit at Heli-Expo 2020
- Magellan Aerospace Congratulates the Canadian Space Agency on the Successful Launch of the RADARSAT Constellation Mission
Key People/Management at Magellan Aerospace
Phillip Underwood
Elena Milantoni
Jo-Ann Ball
Karen Yoshiki-Gravelsins
Mark Allcock
Jim Powell
Magellan Aerospace Office Locations
Magellan Aerospace Financials and Metrics
Magellan Aerospace Revenue
| CAD | |
|---|---|
Revenue (Q1, 2020) | 238.8m |
Gross profit (Q1, 2020) | 36.8m |
Gross profit margin (Q1, 2020), % | 15.4% |
Net income (Q1, 2020) | 20.1m |
EBIT (Q1, 2020) | 27.0m |
Market capitalization (13-Jan-2021) | 516.1m |
Closing stock price (13-Jan-2021) | 8.9 |
Cash (31-Mar-2020) | 32.4m |
EV | 601.2m |
| CAD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 247.2m | 253.5m | 232.6m | 244.6m | 241.2m | 226.5m | 269.9m | 264.1m | 235.6m | 238.8m |
Cost of goods sold | 204.0m | 207.2m | 191.3m | 204.2m | 199.9m | 188.8m | 227.1m | 219.0m | 200.5m | 202.0m |
Gross profit | 43.2m | 46.2m | 41.3m | 40.4m | 41.3m | 37.7m | 42.8m | 45.1m | 35.1m | 36.8m |
Gross profit Margin, % | 17% | 18% | 18% | 17% | 17% | 17% | 16% | 17% | 15% | 15% |
| CAD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash | 5.0m | 11.9m | 13.3m | 12.1m | 17.5m | 22.9m | 38.5m | 41.4m | 48.2m | 32.4m |
Prepaid Expenses | 17.2m | 17.9m | 16.8m | 18.0m | 19.9m | 21.6m | 23.2m | 22.9m | 23.1m | 26.5m |
Inventories | 213.4m | 210.8m | 209.0m | 172.9m | 173.0m | 179.3m | 177.3m | 179.5m | 188.1m | 217.6m |
Current Assets | 476.0m | 468.6m | 457.3m | 462.4m | 471.7m | 467.8m | 526.4m | 527.8m | 537.4m | 579.9m |
| CAD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 39.4m | 59.8m | 79.1m | 17.5m | 40.9m | 59.5m | 20.4m | 42.1m | 58.0m | 20.1m |
Depreciation and Amortization | 12.5m | 24.7m | 35.6m | 10.6m | 21.5m | 32.6m | 13.5m | 27.2m | 40.6m | 14.5m |
Inventories | (4.8m) | (3.1m) | (4.4m) | 3.9m | 1.5m | (7.1m) | (2.1m) | (6.0m) | (17.3m) | (13.5m) |
Accounts Payable | (10.4m) | (20.4m) | (19.0m) | (14.3m) | (13.5m) | (15.5m) | 12.4m | (7.9m) | 4.5m | (2.8m) |
| CAD | FY, 2016 |
|---|---|
Revenue/Employee | 257.4k |
Debt/Equity | 0.3 x |
Debt/Assets | 0.2 x |
Financial Leverage | 1.6 x |
Magellan Aerospace Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Euravia Engineering & Supply Co Ltd | June 29, 2015 | |
| Bristol Aerospace Limited | ||
| Chicopee Manufacturing Limited | ||
| Haley Industries Limited | ||
| Magellan Aerospace Glendale, Inc. | ||
| Magellan Aerospace Haverhill, Inc. | ||
| Magellan Aerospace (India) Pvt. Ltd. | ||
| Magellan Aerospace Limited | ||
| Magellan Aerospace Middletown, Inc. | ||
| Magellan Aerospace New York, Inc. |
Magellan Aerospace Revenue Breakdown
Magellan Aerospace revenue breakdown by business segment: 14.6% from Services and 85.4% from Sale of Goods
Magellan Aerospace revenue breakdown by geographic segment: 32.1% from Europe, 31.8% from United States and 36.1% from Canada
Magellan Aerospace Cybersecurity Score
Magellan Aerospace Online and Social Media Presence
Magellan Aerospace's Trends
Magellan Aerospace Blogs
Magellan to Exhibit at the Aerospace and Defense Supplier Summit
Magellan and Euravia to Exhibit in the Canadian Pavilion at the Singapore Airshow
Magellan and Euravia to Exhibit at Heli-Expo 2020
Magellan Aerospace Congratulates the Canadian Space Agency on the Successful Launch of the RADARSAT Constellation Mission
Magellan to Exhibit at the 2019 Paris Air Show
Magellan Aerospace Signs Agreement with BAE Systems for F-35 Aircraft Assemblies
Magellan Aerospace Frequently Asked Questions
When was Magellan Aerospace founded?
Magellan Aerospace was founded in 1996.
Who are Magellan Aerospace key executives?
Magellan Aerospace's key executives are Phillip Underwood, Elena Milantoni and Jo-Ann Ball.
How many employees does Magellan Aerospace have?
Magellan Aerospace has 4,200 employees.
What is Magellan Aerospace revenue?
Latest Magellan Aerospace annual revenue is C$1 b.
What is Magellan Aerospace revenue per employee?
Latest Magellan Aerospace revenue per employee is C$242 k.
Who are Magellan Aerospace competitors?
Competitors of Magellan Aerospace include Heroux-Devtek, GKN Aerospace and Curtiss-Wright.
Where is Magellan Aerospace headquarters?
Magellan Aerospace headquarters is located at 3160 Derry Rd E, Mississauga.
Where are Magellan Aerospace offices?
Magellan Aerospace has offices in Mississauga, Haley Station, Kitchener, Winnipeg and in 14 other locations.
How many offices does Magellan Aerospace have?
Magellan Aerospace has 19 offices.
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