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- Cargojet
Cargojet Valuation Multiples
Discover revenue and EBITDA valuation multiples for Cargojet and similar public comparables like Heartland Express, Logwin, Grindrod, ReysaÅŸ Lojistik and more.
Cargojet Overview
About Cargojet
Cargojet Inc operates a domestic air cargo co-load network between several Canadian cities. The company also provides dedicated aircraft to customers on an Aircraft, Crew, Maintenance, and Insurance basis, operating between points in Canada, the USA, South America, Europe, and Asia. In addition, it operates scheduled international routes for multiple cargo customers between the USA and Bermuda, between Canada, the UK, and Germany, between Canada and Asia, and between Canada and Mexico.
Founded
2010
HQ

Employees
2.0K
Website
Sectors
Financials (LTM)
EV
$2B
Cargojet Financials
Cargojet reported last 12-month revenue of $730M and EBITDA of $238M.
In the same LTM period, Cargojet generated $147M in gross profit, $238M in EBITDA, and $54M in net income.
Revenue (LTM)
Cargojet P&L
In the most recent fiscal year, Cargojet reported revenue of $726M and EBITDA of $255M.
Cargojet expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $730M | XXX | $726M | XXX | XXX | XXX |
| Gross Profit | $147M | XXX | $144M | XXX | XXX | XXX |
| Gross Margin | 20% | XXX | 20% | XXX | XXX | XXX |
| EBITDA | $238M | XXX | $255M | XXX | XXX | XXX |
| EBITDA Margin | 33% | XXX | 35% | XXX | XXX | XXX |
| EBIT Margin | 12% | XXX | 12% | XXX | XXX | XXX |
| Net Profit | $54M | XXX | $59M | XXX | XXX | XXX |
| Net Margin | 7% | XXX | 8% | XXX | XXX | XXX |
| Net Debt | — | — | $583M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Cargojet Stock Performance
Cargojet has current market cap of $903M, and enterprise value of $2B.
Market Cap Evolution
Cargojet's stock price is $60.64.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $2B | $903M | -0.5% | XXX | XXX | XXX | $3.93 |
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Start Free TrialCargojet Valuation Multiples
Cargojet trades at 2.2x EV/Revenue multiple, and 6.8x EV/EBITDA.
EV / Revenue (LTM)
Cargojet Financial Valuation Multiples
As of April 19, 2026, Cargojet has market cap of $903M and EV of $2B.
Equity research analysts estimate Cargojet's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Cargojet has a P/E ratio of 16.9x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $903M | XXX | $903M | XXX | XXX | XXX |
| EV (current) | $2B | XXX | $2B | XXX | XXX | XXX |
| EV/Revenue | 2.2x | XXX | 2.2x | XXX | XXX | XXX |
| EV/EBITDA | 6.8x | XXX | 6.4x | XXX | XXX | XXX |
| EV/EBIT | 18.9x | XXX | 19.3x | XXX | XXX | XXX |
| EV/Gross Profit | 11.0x | XXX | 11.2x | XXX | XXX | XXX |
| P/E | 16.9x | XXX | 15.4x | XXX | XXX | XXX |
| EV/FCF | 410.5x | XXX | (54.4x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Cargojet Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Cargojet Margins & Growth Rates
Cargojet's revenue in the last 12 month grew by 3%.
Cargojet's revenue per employee in the last FY averaged $0.4M, while opex per employee averaged $0.0M for the same period.
Cargojet's rule of 40 is 35% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Cargojet's rule of X is 39% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Cargojet Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 3% | XXX | 2% | XXX | XXX | XXX |
| EBITDA Margin | 33% | XXX | 35% | XXX | XXX | XXX |
| EBITDA Growth | 2% | XXX | (7%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 35% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 39% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.4M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.0M | XXX | XXX | XXX |
| G&A Expenses to Revenue | 8% | XXX | 8% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 11% | XXX | XXX | XXX |
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Cargojet Public Comps
See public comps and valuation multiples for other Logistics & Air Freight comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Cargojet | XXX | XXX | XXX | XXX | XXX | XXX |
| Heartland Express | XXX | XXX | XXX | XXX | XXX | XXX |
| Logwin | XXX | XXX | XXX | XXX | XXX | XXX |
| Grindrod | XXX | XXX | XXX | XXX | XXX | XXX |
| ReysaÅŸ Lojistik | XXX | XXX | XXX | XXX | XXX | XXX |
| Ferrari Group | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Cargojet M&A Activity
Cargojet acquired XXX companies to date.
Last acquisition by Cargojet was on XXXXXXXX, XXXXX. Cargojet acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Cargojet
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialCargojet Investment Activity
Cargojet invested in XXX companies to date.
Cargojet made its latest investment on XXXXXXXX, XXXXX. Cargojet invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Cargojet
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Cargojet
| When was Cargojet founded? | Cargojet was founded in 2010. |
| Where is Cargojet headquartered? | Cargojet is headquartered in Canada. |
| How many employees does Cargojet have? | As of today, Cargojet has over 2K employees. |
| Who is the CEO of Cargojet? | Cargojet's CEO is Pauline Dhillon. |
| Is Cargojet publicly listed? | Yes, Cargojet is a public company listed on Tokyo Stock Exchange. |
| What is the stock symbol of Cargojet? | Cargojet trades under CJT ticker. |
| When did Cargojet go public? | Cargojet went public in 2005. |
| Who are competitors of Cargojet? | Cargojet main competitors are Heartland Express, Logwin, Grindrod, ReysaÅŸ Lojistik. |
| What is the current market cap of Cargojet? | Cargojet's current market cap is $903M. |
| What is the current revenue of Cargojet? | Cargojet's last 12 months revenue is $730M. |
| What is the current revenue growth of Cargojet? | Cargojet revenue growth (NTM/LTM) is 3%. |
| What is the current EV/Revenue multiple of Cargojet? | Current revenue multiple of Cargojet is 2.2x. |
| Is Cargojet profitable? | Yes, Cargojet is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Cargojet? | Cargojet's last 12 months EBITDA is $238M. |
| What is Cargojet's EBITDA margin? | Cargojet's last 12 months EBITDA margin is 33%. |
| What is the current EV/EBITDA multiple of Cargojet? | Current EBITDA multiple of Cargojet is 6.8x. |
| What is the current FCF of Cargojet? | Cargojet's last 12 months FCF is $4M. |
| What is Cargojet's FCF margin? | Cargojet's last 12 months FCF margin is 1%. |
| What is the current EV/FCF multiple of Cargojet? | Current FCF multiple of Cargojet is 410.5x. |
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