The Company We believe that we are the world’s largest independent, pure-play provider of aerospace engine aftermarket services for fixed and rotary wing aircraft, serving the commercial, military and business aviation end markets. We provide a comprehensive suite of critical, value-added aftermarket solutions, including scheduled and unscheduled engine maintenance, repair and overhaul, engine component repair, on-wing and field service support, asset management and engineering solutions. We serve a crucial role in the engine aftermarket value chain, connecting engine original equipment manufacturers ("OEMs") with aircraft operators through our aftermarket services, maintaining longstanding relationships with both. We command a leading reputation that is based upon our strong track record of safety, reliability and operational performance built over our more than 100 years of successful operations in the aerospace aftermarket.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| Revenue | 6.1B | 6.1B | 5.2B | 4.6B | 4.2B |
| Net Income | 277M | 277M | 11M | -35M | -21M |
| EPS | $0.83 | $0.83 | $0.04 | $-0.13 | $-0.08 |
| Free Cash Flow | 234M | 234M | -27M | 13M | -14M |
| ROIC | 8.4% | 8.7% | 5.4% | 7.1% | - |
| Gross Margin | 14.8% | 14.8% | 14.4% | 13.9% | 13.1% |
| Debt/Equity | 0.92 | 0.92 | 1.02 | 2.94 | - |
| Dividends/Share | $0.00 | - | - | - | - |
| Operating Income | 551M | 551M | 403M | 337M | 263M |
| Operating Margin | 9.1% | 9.1% | 7.7% | 7.4% | 6.3% |
| ROE | 10.4% | 11.0% | 0.6% | -3.0% | - |
| Shares Outstanding | 334M | 334M | 274M | 270M | 263M |
| Metric | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | 4.2B | 4.6B | 5.2B | 6.1B | 6.1B |
| Gross Margin | 13.1% | 13.9% | 14.4% | 14.8% | 14.8% |
| R&D | N/A | N/A | N/A | N/A | N/A |
| SG&A | 188M | 203M | 254M | 248M | 248M |
| EBIT | 263M | 337M | 403M | 551M | 551M |
| Op. Margin | 6.3% | 7.4% | 7.7% | 9.1% | 9.1% |
| Net Income | -21M | -35M | 11M | 277M | 277M |
| Net Margin | -0.5% | -0.8% | 0.2% | 4.6% | 4.6% |
| Non-Recurring | 202K | 14K | -482K | -2.8M | -2.8M |
| Returns on Capital | |||||
| ROIC | N/A | 7.1% | 5.4% | 8.7% | 8.4% |
| ROE | N/A | -3.0% | 0.6% | 11.0% | 10.4% |
| ROA | N/A | -1.2% | 0.2% | 4.3% | 4.2% |
| Cash Flow | |||||
| Op. Cash Flow | 27M | 68M | 76M | 317M | 317M |
| Free Cash Flow | -14M | 13M | -27M | 234M | 234M |
| Owner Earnings | -168M | -129M | -128M | 110M | 110M |
| CapEx | 41M | 55M | 103M | 82M | 82M |
| Maint. CapEx | 195M | 197M | 187M | 194M | 194M |
| Growth CapEx | 0 | 0 | 0 | 0 | 0 |
| D&A | 195M | 197M | 187M | 194M | 194M |
| CapEx/OCF | N/A | N/A | 134.9% | 26.0% | 26.0% |
| Capital Allocation | |||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Dividend Yield | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | 0 | 0 | 0 | 0 | 0 |
| Buyback Yield | 0.0% | N/A | N/A | N/A | 0.0% |
| Stock-Based Comp | N/A | N/A | 17M | 13M | 13M |
| Debt Repayment | 169M | 1.5B | 4.2B | 738M | 738M |
| Balance Sheet | |||||
| Net Debt | 25M | 3.3B | 2.3B | 2.2B | 2.2B |
| Cash & Equiv. | 120M | 58M | 103M | 290M | 290M |
| Long-Term Debt | 145M | 3.2B | 2.2B | 2.2B | 2.2B |
| Debt/Equity | N/A | 2.94 | 1.02 | 0.92 | 0.92 |
| Interest Coverage | 1.1 | 1.1 | 1.4 | 3.2 | 3.2 |
| Equity | N/A | 1.1B | 2.4B | 2.7B | 2.7B |
| Total Assets | N/A | 5.8B | 6.2B | 6.6B | 6.6B |
| Total Liabilities | N/A | 4.6B | 3.8B | 3.9B | 3.9B |
| Intangibles | N/A | 1.3B | 1.3B | 1.2B | 1.2B |
| Retained Earnings | N/A | -1.6B | -1.6B | -1.3B | -1.3B |
| Working Capital | N/A | 1.1B | 1.2B | 1.6B | 1.6B |
| Current Assets | N/A | 2.1B | 2.5B | 2.9B | 2.9B |
| Current Liabilities | N/A | 1.1B | 1.3B | 1.3B | 1.3B |
| Per Share Data | |||||
| EPS | -0.08 | -0.13 | 0.04 | 0.83 | 0.83 |
| Owner EPS | -0.64 | -0.48 | -0.47 | 0.33 | 0.33 |
| Book Value | N/A | 4.25 | 8.65 | 7.98 | 7.98 |
| Cash Flow/Share | 0.10 | 0.25 | 0.28 | 0.95 | 1.41 |
| Dividends/Share | N/A | N/A | N/A | N/A | 0.00 |
| Shares Out. | 262.5M | 269.7M | 274.4M | 334.2M | 334.2M |
| Valuation | |||||
| P/E Ratio | N/A | N/A | 639.5 | 35.1 | 33.2 |
| P/FCF | N/A | N/A | N/A | 41.6 | 39.3 |
| EV/EBIT | N/A | N/A | 22.5 | 20.7 | 20.6 |
| Price/Book | N/A | N/A | 3.0 | 3.7 | 3.5 |
| Price/Sales | N/A | N/A | 1.5 | 1.5 | 1.5 |
| FCF Yield | N/A | N/A | -0.4% | 2.4% | 2.5% |
| Market Cap | 0 | N/A | 7.0B | 9.7B | 9.2B |
| Avg. Price | 0.00 | N/A | 29.07 | 27.47 | 27.57 |
| Year-End Price | 0.00 | N/A | 25.58 | 29.16 | 27.57 |
StandardAero, Inc. passes 3 of 9 quality checks, indicating weak fundamentals.
StandardAero, Inc. trades at 33.2x trailing earnings, compared to its 15-year median P/E of 35.1x, suggesting it is currently Cheap relative to its historical range. On a free-cash-flow basis, the stock trades at 39.1x vs a median of 41.6x. The company's 5-year average ROIC is 7.1% with a gross margin of 14.1%.
StandardAero, Inc. (SARO) has a current P/E ratio of 33.2, compared to its historical median P/E of 35.1. The stock is currently considered Cheap based on its historical valuation range.
StandardAero, Inc. (SARO) has a 5-year average return on invested capital (ROIC) of 7.1%. This is below average and may indicate limited pricing power.
StandardAero, Inc. (SARO) has a market capitalization of $9.2B. It is classified as a mid-cap stock.
StandardAero, Inc. (SARO) does not currently pay a regular dividend.
Based on historical P/E analysis, StandardAero, Inc. (SARO) appears cheap. The current P/E of 33.2 is 5% below its historical median of 35.1.
StandardAero, Inc. (SARO) operates in the Aircraft Engines & Engine Parts industry, within the Industrials sector.
StandardAero, Inc. (SARO) reported annual revenue of $6.1 billion in its most recent fiscal year, based on SEC EDGAR filings.
StandardAero, Inc. (SARO) has a net profit margin of 4.6%. This is a modest margin.
StandardAero, Inc. (SARO) generated $234 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
StandardAero, Inc. (SARO) has a debt-to-equity ratio of 0.92. This indicates moderate leverage.
StandardAero, Inc. (SARO) reported earnings per share (EPS) of $0.83 in its most recent fiscal year.
StandardAero, Inc. (SARO) has a return on equity (ROE) of 11.0%. This indicates moderate shareholder returns.
StandardAero, Inc. (SARO) has a 5-year average gross margin of 14.1%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 4 years of financial data for StandardAero, Inc. (SARO), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
StandardAero, Inc. (SARO) has a book value per share of $7.98, based on its most recent annual SEC filing.