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StandardAero (SARO) Financials

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$25.24 -1.08 (-4.09%)
Closing price 05/15/2026 03:59 PM Eastern
Extended Trading
$25.37 +0.12 (+0.49%)
As of 05/15/2026 07:57 PM Eastern
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Annual Income Statements for StandardAero

Annual Income Statements for StandardAero

This table shows StandardAero's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024 2025
Period end date 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders
-21 -42 11 277
Consolidated Net Income / (Loss)
-21 -35 11 277
Net Income / (Loss) Continuing Operations
-21 -42 11 277
Total Pre-Tax Income
22 5.12 82 377
Total Operating Income
263 337 403 551
Total Gross Profit
546 635 754 897
Total Revenue
4,150 4,563 5,237 6,063
Operating Revenue
4,150 4,563 5,237 6,063
Total Cost of Revenue
3,605 3,928 4,483 5,165
Operating Cost of Revenue
3,605 3,928 4,483 5,165
Total Operating Expenses
283 298 351 346
Selling, General & Admin Expense
188 203 254 248
Amortization Expense
94 94 95 99
Restructuring Charge
1.28 1.51 1.37 0.00
Total Other Income / (Expense), net
-241 -339 -321 -174
Interest Expense
243 336 321 174
Other Income / (Expense), net
2.35 -3.51 0.00 0.00
Income Tax Expense
43 40 71 99
Basic Earnings per Share
($0.08) ($0.13) $0.04 $0.84
Weighted Average Basic Shares Outstanding
275.18M 275.18M 288.42M 328.45M
Diluted Earnings per Share
($0.08) ($0.13) $0.04 $0.83
Weighted Average Diluted Shares Outstanding
275.18M 275.18M 289.80M 334.32M
Weighted Average Basic & Diluted Shares Outstanding
- - 334.46M 332.65M

Quarterly Income Statements for StandardAero

This table shows StandardAero's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Income / (Loss) Attributable to Common Shareholders
-18 3.19 5.40 16 -14 63 68 68 79 80
Consolidated Net Income / (Loss)
-18 3.19 5.40 16 -14 63 68 68 79 80
Net Income / (Loss) Continuing Operations
-18 3.19 5.40 16 -14 63 68 68 79 80
Total Pre-Tax Income
-31 20 26 17 19 85 92 93 107 105
Total Operating Income
75 106 105 98 95 129 136 137 149 143
Total Gross Profit
151 181 185 186 202 218 236 223 220 239
Total Revenue
1,099 1,236 1,347 1,245 1,410 1,436 1,529 1,498 1,600 1,627
Operating Revenue
1,099 1,236 1,347 1,245 1,410 1,436 1,529 1,498 1,600 1,627
Total Cost of Revenue
948 1,054 1,163 1,058 1,208 1,218 1,293 1,275 1,380 1,387
Operating Cost of Revenue
948 1,054 1,163 1,058 1,208 1,218 1,293 1,275 1,380 1,387
Total Operating Expenses
77 76 80 88 107 89 101 86 71 96
Selling, General & Admin Expense
53 53 56 63 82 64 76 61 46 72
Amortization Expense
24 23 23 24 25 24 25 25 25 24
Total Other Income / (Expense), net
-105 -85 -79 -81 -76 -44 -44 -45 -42 -38
Interest Expense
105 85 79 81 76 44 44 45 42 38
Other Income / (Expense), net
0.00 - - - - 0.00 - - - 0.00
Income Tax Expense
-13 17 21 0.21 33 22 24 25 29 25
Basic Earnings per Share
($0.06) $0.01 $0.02 $0.06 ($0.05) $0.19 $0.21 $0.21 $0.23 $0.24
Weighted Average Basic Shares Outstanding
281.21M 275.18M 275.18M 275.18M 288.42M 328.44M 328.45M 328.45M 328.45M 327.26M
Diluted Earnings per Share
($0.06) $0.01 $0.02 $0.06 ($0.05) $0.19 $0.20 $0.20 $0.24 $0.24
Weighted Average Diluted Shares Outstanding
281.21M 275.18M 275.18M 275.18M 289.80M 334.16M 334.30M 334.41M 334.32M 333.36M
Weighted Average Basic & Diluted Shares Outstanding
- - - 334.46M 334.46M 334.46M 334.47M 334.47M 332.65M 332.47M

Annual Cash Flow Statements for StandardAero

This table details how cash moves in and out of StandardAero's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024 2025
Period end date 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents
-63 -62 45 187
Net Cash From Operating Activities
27 68 76 317
Net Cash From Continuing Operating Activities
27 68 76 317
Net Income / (Loss) Continuing Operations
-21 -35 11 277
Consolidated Net Income / (Loss)
-21 -35 11 277
Depreciation Expense
195 197 187 194
Amortization Expense
14 20 22 16
Non-Cash Adjustments To Reconcile Net Income
-66 12 -25 -150
Changes in Operating Assets and Liabilities, net
-95 -126 -119 -21
Net Cash From Investing Activities
-61 -113 -235 -106
Net Cash From Continuing Investing Activities
-61 -113 -235 -106
Purchase of Property, Plant & Equipment
-41 -55 -103 -82
Acquisitions
-23 -61 -134 -29
Sale of Property, Plant & Equipment
3.37 3.51 1.81 5.12
Net Cash From Financing Activities
-26 -15 204 -26
Net Cash From Continuing Financing Activities
-26 -15 204 -26
Repayment of Debt
-171 -1,494 -4,246 -741
Issuance of Debt
145 1,480 3,247 715
Issuance of Common Equity
0.00 0.00 1,203 0.00
Effect of Exchange Rate Changes
-3.85 -2.43 -0.04 2.34
Cash Interest Paid
228 297 291 167
Cash Income Taxes Paid
41 100 102 102

Quarterly Cash Flow Statements for StandardAero

This table details how cash moves in and out of StandardAero's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Change in Cash & Equivalents
-13 -24 26 -9.01 51 38 -49 5.99 192 -201
Net Cash From Operating Activities
164 -84 65 -14 108 -24 2.88 15 323 -120
Net Cash From Continuing Operating Activities
164 -84 65 -14 108 -24 2.88 15 323 -120
Net Income / (Loss) Continuing Operations
-4.56 3.19 5.40 16 -14 63 68 68 79 80
Consolidated Net Income / (Loss)
-4.56 3.19 5.40 16 -14 63 68 68 79 80
Depreciation Expense
49 47 45 47 47 49 49 48 48 46
Amortization Expense
5.10 5.04 6.06 5.67 5.01 4.37 4.39 4.44 3.19 3.26
Non-Cash Adjustments To Reconcile Net Income
70 38 -44 5.43 -24 -57 -94 -54 56 -174
Changes in Operating Assets and Liabilities, net
44 -177 52 -89 95 -83 -24 -51 137 -75
Net Cash From Investing Activities
-19 -18 -27 -139 -51 -40 -32 -19 -15 -14
Net Cash From Continuing Investing Activities
-19 -18 -27 -139 -51 -40 -32 -19 -15 -14
Purchase of Property, Plant & Equipment
-20 -18 -27 -25 -33 -25 -22 -19 -16 -16
Acquisitions
0.26 -0.05 -0.16 -114 -20 -15 -14 0.03 -0.40 0.00
Sale of Property, Plant & Equipment
0.36 0.53 0.01 0.03 1.24 0.27 3.37 0.70 0.78 1.41
Net Cash From Financing Activities
-158 78 -12 143 -5.36 102 -21 9.21 -116 -66
Net Cash From Continuing Financing Activities
-158 78 -12 143 -5.36 102 -21 9.21 -116 -66
Repayment of Debt
-158 -310 -60 -186 -3,690 -93 -171 -191 -286 -106
Repurchase of Common Equity
- - - - - 0.00 - - - -60
Issuance of Debt
- 388 48 329 2,482 195 150 200 170 100
Effect of Exchange Rate Changes
0.09 0.24 -0.93 1.02 -0.37 -0.14 0.83 0.72 0.93 -0.57
Cash Interest Paid
- - - - - 0.00 - - - 0.00
Cash Income Taxes Paid
- - - - - 0.00 - - - 0.00

Annual Balance Sheets for StandardAero

This table presents StandardAero's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2023 2024 2025
Period end date 12/31/2023 12/31/2024 12/31/2025
Total Assets
5,759 6,214 6,557
Total Current Assets
2,136 2,485 2,896
Cash & Equivalents
58 103 290
Accounts Receivable
518 581 654
Inventories, net
699 847 828
Prepaid Expenses
39 30 43
Current Deferred & Refundable Income Taxes
11 9.96 10
Other Current Assets
810 915 1,072
Plant, Property, & Equipment, net
522 569 580
Total Noncurrent Assets
3,101 3,160 3,081
Goodwill
1,632 1,686 1,684
Intangible Assets
1,296 1,296 1,165
Noncurrent Deferred & Refundable Income Taxes
4.73 1.08 2.83
Other Noncurrent Operating Assets
169 177 229
Total Liabilities & Shareholders' Equity
5,759 6,214 6,557
Total Liabilities
4,613 3,840 3,890
Total Current Liabilities
1,069 1,274 1,316
Short-Term Debt
27 23 23
Accounts Payable
469 646 680
Accrued Expenses
116 100 91
Current Deferred Revenue
356 400 411
Current Deferred & Payable Income Tax Liabilities
9.34 6.66 14
Current Employee Benefit Liabilities
76 79 74
Other Current Liabilities
17 19 23
Total Noncurrent Liabilities
3,540 2,567 2,568
Long-Term Debt
3,172 2,208 2,191
Noncurrent Deferred & Payable Income Tax Liabilities
182 170 157
Other Noncurrent Operating Liabilities
186 189 220
Commitments & Contingencies
0.00 0.00 0.00
Total Equity & Noncontrolling Interests
1,147 2,373 2,667
Total Preferred & Common Equity
1,147 2,373 2,667
Preferred Stock
0.00 0.00 0.00
Total Common Equity
1,147 2,373 2,667
Common Stock
2,728 3,948 3,961
Retained Earnings
-1,574 -1,563 -1,286
Treasury Stock
- 0.00 0.00
Accumulated Other Comprehensive Income / (Loss)
-6.96 -11 -8.17

Quarterly Balance Sheets for StandardAero

This table presents StandardAero's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026
Period end date 9/30/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026
Total Assets
6,059 6,496 6,483 6,649 6,705
Total Current Assets
2,359 2,795 2,769 2,961 3,065
Cash & Equivalents
51 141 92 98 89
Accounts Receivable
621 733 677 703 880
Inventories, net
778 876 852 957 763
Prepaid Expenses
44 52 57 50 60
Current Deferred & Refundable Income Taxes
42 21 21 28 25
Other Current Assets
821 972 1,071 1,126 1,247
Plant, Property, & Equipment, net
552 578 576 580 583
Total Noncurrent Assets
3,149 3,123 3,138 3,108 3,057
Goodwill
1,686 1,685 1,684 1,684 1,684
Intangible Assets
1,278 1,264 1,231 1,198 1,134
Noncurrent Deferred & Refundable Income Taxes
4.73 1.08 1.08 1.08 2.83
Other Noncurrent Operating Assets
180 173 222 225 237
Total Liabilities & Shareholders' Equity
6,059 6,496 6,483 6,649 6,705
Total Liabilities
4,895 4,058 3,969 4,064 4,015
Total Current Liabilities
1,119 1,396 1,285 1,359 1,444
Short-Term Debt
31 23 23 23 23
Accounts Payable
553 739 644 712 809
Accrued Expenses
115 104 102 93 89
Current Deferred Revenue
322 407 420 429 377
Current Deferred & Payable Income Tax Liabilities
3.11 11 2.26 0.00 26
Current Employee Benefit Liabilities
76 93 73 81 93
Other Current Liabilities
19 18 20 21 26
Total Noncurrent Liabilities
3,776 2,662 2,684 2,706 2,566
Long-Term Debt
3,391 2,314 2,295 2,305 2,186
Noncurrent Deferred & Payable Income Tax Liabilities
186 164 160 170 155
Other Noncurrent Operating Liabilities
199 185 229 230 224
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
1,164 2,438 2,513 2,585 2,690
Total Preferred & Common Equity
1,164 2,438 2,513 2,585 2,690
Preferred Stock
- 0.00 0.00 0.00 0.00
Total Common Equity
1,164 2,438 2,513 2,585 2,690
Common Stock
2,728 3,950 3,954 3,958 3,965
Retained Earnings
-1,549 -1,500 -1,433 -1,365 -1,206
Treasury Stock
- - - - -61
Accumulated Other Comprehensive Income / (Loss)
-15 -12 -8.07 -8.67 -8.48

Annual Metrics And Ratios for StandardAero

This table displays calculated financial ratios and metrics derived from StandardAero's official financial filings.

Metric 2022 2023 2024 2025
Period end date 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Growth Metrics
- - - -
Revenue Growth
0.00% 9.95% 14.77% 15.76%
EBITDA Growth
0.00% 17.65% 9.66% 24.35%
EBIT Growth
0.00% 28.64% 18.29% 36.67%
NOPAT Growth
0.00% -821.52% 102.34% 649.53%
Net Income Growth
0.00% -66.96% 131.30% 2,427.95%
EPS Growth
0.00% -62.50% 130.77% 1,975.00%
Operating Cash Flow Growth
0.00% 149.05% 12.43% 314.92%
Free Cash Flow Firm Growth
0.00% 0.00% 97.61% 296.61%
Invested Capital Growth
0.00% 0.00% 4.94% 2.13%
Revenue Q/Q Growth
0.00% 0.00% 0.00% 3.24%
EBITDA Q/Q Growth
0.00% 0.00% 0.00% 7.65%
EBIT Q/Q Growth
0.00% 0.00% 0.00% 11.01%
NOPAT Q/Q Growth
0.00% 0.00% 0.00% 27.53%
Net Income Q/Q Growth
0.00% 0.00% 0.00% 50.18%
EPS Q/Q Growth
0.00% 0.00% 0.00% 53.70%
Operating Cash Flow Q/Q Growth
0.00% 0.00% 0.00% 210.36%
Free Cash Flow Firm Q/Q Growth
0.00% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth
0.00% 0.00% 0.00% -4.53%
Profitability Metrics
- - - -
Gross Margin
13.15% 13.92% 14.40% 14.80%
EBITDA Margin
11.43% 12.23% 11.69% 12.55%
Operating Margin
6.33% 7.39% 7.70% 9.09%
EBIT Margin
6.38% 7.47% 7.70% 9.09%
Profit (Net Income) Margin
-0.51% -0.77% 0.21% 4.58%
Tax Burden Percent
-95.47% -684.92% 13.42% 73.61%
Interest Burden Percent
8.30% 1.50% 20.28% 68.39%
Effective Tax Rate
195.47% 784.92% 86.58% 26.39%
Return on Invested Capital (ROIC)
0.00% -107.71% 1.23% 8.92%
ROIC Less NNEP Spread (ROIC-NNEP)
0.00% 37.06% -0.41% 2.60%
Return on Net Nonoperating Assets (RNNOA)
0.00% 101.59% -0.61% 2.09%
Return on Equity (ROE)
0.00% -6.12% 0.62% 11.01%
Cash Return on Invested Capital (CROIC)
0.00% -307.71% -3.59% 6.81%
Operating Return on Assets (OROA)
0.00% 5.92% 6.74% 8.63%
Return on Assets (ROA)
0.00% -0.61% 0.18% 4.34%
Return on Common Equity (ROCE)
0.00% -6.12% 0.62% 11.01%
Return on Equity Simple (ROE_SIMPLE)
0.00% -3.06% 0.46% 0.00%
Net Operating Profit after Tax (NOPAT)
-251 -2,311 54 406
NOPAT Margin
-6.04% -50.64% 1.03% 6.69%
Net Nonoperating Expense Percent (NNEP)
0.00% -144.77% 1.64% 6.32%
Return On Investment Capital (ROIC_SIMPLE)
- -53.17% 1.18% 8.31%
Cost of Revenue to Revenue
86.85% 86.08% 85.60% 85.20%
SG&A Expenses to Revenue
4.53% 4.44% 4.85% 4.09%
R&D to Revenue
0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
6.82% 6.53% 6.70% 5.71%
Earnings before Interest and Taxes (EBIT)
265 341 403 551
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
474 558 612 761
Valuation Ratios
- - - -
Price to Book Value (P/BV)
0.00 1.26 3.02 3.59
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)
0.35 0.32 1.37 1.58
Price to Earnings (P/E)
0.00 0.00 653.86 34.56
Dividend Yield
0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 0.15% 2.89%
Enterprise Value to Invested Capital (EV/IC)
0.00 1.07 2.07 2.50
Enterprise Value to Revenue (EV/Rev)
0.00 1.00 1.78 1.90
Enterprise Value to EBITDA (EV/EBITDA)
0.00 8.21 15.20 15.13
Enterprise Value to EBIT (EV/EBIT)
0.00 13.44 23.08 20.89
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 171.91 28.38
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 67.47 121.90 36.35
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 37.15
Leverage & Solvency
- - - -
Debt to Equity
0.00 2.79 0.94 0.83
Long-Term Debt to Equity
0.00 2.77 0.93 0.82
Financial Leverage
0.00 2.74 1.50 0.81
Leverage Ratio
0.00 5.02 3.40 2.53
Compound Leverage Factor
0.00 0.08 0.69 1.73
Debt to Total Capital
0.00% 73.61% 48.46% 45.36%
Short-Term Debt to Total Capital
0.00% 0.61% 0.51% 0.48%
Long-Term Debt to Total Capital
0.00% 73.00% 47.95% 44.88%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
0.00% 26.39% 51.54% 54.64%
Debt to EBITDA
0.00 5.73 3.65 2.91
Net Debt to EBITDA
0.00 5.63 3.48 2.53
Long-Term Debt to EBITDA
0.00 5.68 3.61 2.88
Debt to NOPAT
0.00 -1.38 41.23 5.46
Net Debt to NOPAT
0.00 -1.36 39.33 4.75
Long-Term Debt to NOPAT
0.00 -1.37 40.80 5.40
Altman Z-Score
0.00 1.01 2.06 2.70
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - -
Current Ratio
0.00 2.00 1.95 2.20
Quick Ratio
0.00 0.54 0.54 0.72
Cash Flow Metrics
- - - -
Free Cash Flow to Firm (FCFF)
0.00 -6,601 -158 310
Operating Cash Flow to CapEx
71.98% 131.52% 75.48% 409.79%
Free Cash Flow to Firm to Interest Expense
0.00 -19.66 -0.49 1.78
Operating Cash Flow to Interest Expense
0.11 0.20 0.24 1.82
Operating Cash Flow Less CapEx to Interest Expense
-0.04 0.05 -0.08 1.37
Efficiency Ratios
- - - -
Asset Turnover
0.00 0.79 0.87 0.95
Accounts Receivable Turnover
0.00 8.80 9.53 9.82
Inventory Turnover
0.00 5.62 5.80 6.17
Fixed Asset Turnover
0.00 8.74 9.60 10.56
Accounts Payable Turnover
0.00 8.38 8.05 7.79
Days Sales Outstanding (DSO)
0.00 41.46 38.30 37.18
Days Inventory Outstanding (DIO)
0.00 64.93 62.93 59.17
Days Payable Outstanding (DPO)
0.00 43.55 45.36 46.83
Cash Conversion Cycle (CCC)
0.00 62.85 55.86 49.52
Capital & Investment Metrics
- - - -
Invested Capital
0.00 4,290 4,502 4,598
Invested Capital Turnover
0.00 2.13 1.19 1.33
Increase / (Decrease) in Invested Capital
0.00 4,290 212 96
Enterprise Value (EV)
0.00 4,581 9,304 11,513
Market Capitalization
1,440 1,440 7,175 9,588
Book Value per Share
$0.00 $4.17 $7.10 $7.97
Tangible Book Value per Share
$0.00 ($6.47) ($1.82) ($0.54)
Total Capital
0.00 4,345 4,605 4,882
Total Debt
0.00 3,199 2,231 2,215
Total Long-Term Debt
0.00 3,172 2,208 2,191
Net Debt
0.00 3,141 2,129 1,925
Capital Expenditures (CapEx)
38 52 101 77
Debt-free, Cash-free Net Working Capital (DFCFNWC)
0.00 1,035 1,132 1,314
Debt-free Net Working Capital (DFNWC)
0.00 1,093 1,235 1,604
Net Working Capital (NWC)
0.00 1,066 1,212 1,580
Net Nonoperating Expense (NNE)
-230 -2,276 43 128
Net Nonoperating Obligations (NNO)
0.00 3,144 2,129 1,931
Total Depreciation and Amortization (D&A)
209 217 209 210
Debt-free, Cash-free Net Working Capital to Revenue
0.00% 22.68% 21.62% 21.67%
Debt-free Net Working Capital to Revenue
0.00% 23.95% 23.58% 26.45%
Net Working Capital to Revenue
0.00% 23.37% 23.13% 26.06%
Earnings Adjustments
- - - -
Adjusted Basic Earnings per Share
$0.00 $0.00 $0.04 $0.84
Adjusted Weighted Average Basic Shares Outstanding
0.00 0.00 288.42M 328.45M
Adjusted Diluted Earnings per Share
$0.00 $0.00 $0.04 $0.83
Adjusted Weighted Average Diluted Shares Outstanding
0.00 0.00 289.80M 334.32M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
0.00 0.00 334.46M 332.65M
Normalized Net Operating Profit after Tax (NOPAT)
185 237 283 406
Normalized NOPAT Margin
4.45% 5.20% 5.41% 6.69%
Pre Tax Income Margin
0.53% 0.11% 1.56% 6.22%
Debt Service Ratios
- - - -
EBIT to Interest Expense
1.09 1.02 1.25 3.16
NOPAT to Interest Expense
-1.03 -6.88 0.17 2.33
EBIT Less CapEx to Interest Expense
0.93 0.86 0.94 2.72
NOPAT Less CapEx to Interest Expense
-1.19 -7.04 -0.15 1.88
Payout Ratios
- - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
0.00% 0.00% 0.00% 0.00%

Quarterly Metrics And Ratios for StandardAero

This table displays calculated financial ratios and metrics derived from StandardAero's official financial filings.

Metric Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
DEI Shares Outstanding
- - - - - - - - - 332,654,814.00
DEI Adjusted Shares Outstanding
- - - - - - - - - 332,654,814.00
DEI Earnings Per Adjusted Shares Outstanding
- - - - - - - - - 0.24
Growth Metrics
- - - - - - - - - -
Revenue Growth
0.00% 0.00% 0.00% 13.21% 0.00% 16.17% 13.49% 20.35% 13.51% 13.32%
EBITDA Growth
0.00% 0.00% 0.00% 24.03% 0.00% 15.23% 20.35% 25.87% 36.89% 5.96%
EBIT Growth
0.00% 0.00% 0.00% 31.15% 0.00% 22.19% 29.02% 40.08% 57.77% 10.99%
NOPAT Growth
0.00% 0.00% 0.00% 84.99% 0.00% 469.77% 364.73% 4.17% 253.51% 14.34%
Net Income Growth
0.00% 0.00% 0.00% 191.65% 0.00% 1,874.99% 1,153.02% 314.46% 659.60% 26.99%
EPS Growth
0.00% 0.00% 0.00% 200.00% 0.00% 1,800.00% 900.00% 233.33% 580.00% 26.32%
Operating Cash Flow Growth
0.00% 0.00% 0.00% 0.00% -33.83% 71.29% -95.59% 206.74% 198.12% -398.44%
Free Cash Flow Firm Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 95.93% 0.00% 98.39%
Invested Capital Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 6.21% 2.13% 3.93%
Revenue Q/Q Growth
0.00% 0.00% 9.02% 0.00% 13.26% 0.00% 6.50% -2.03% 6.81% 1.68%
EBITDA Q/Q Growth
0.00% 0.00% -0.81% 0.00% -2.79% 0.00% 3.60% 0.73% 5.72% -3.96%
EBIT Q/Q Growth
0.00% 0.00% -0.41% 0.00% -3.53% 0.00% 5.16% 1.31% 8.66% -4.11%
NOPAT Q/Q Growth
0.00% 0.00% 28.71% 0.00% -173.66% 0.00% 4.98% 0.77% 8.55% -0.44%
Net Income Q/Q Growth
0.00% 0.00% 69.56% 0.00% -185.50% 0.00% 7.58% 0.60% 15.44% 1.64%
EPS Q/Q Growth
0.00% 0.00% 100.00% 0.00% -183.33% 0.00% 5.26% 0.00% 20.00% 0.00%
Operating Cash Flow Q/Q Growth
0.00% -151.02% 178.27% 0.00% 881.46% -122.14% 112.02% 413.32% 2,082.64% -137.01%
Free Cash Flow Firm Q/Q Growth
0.00% 0.00% 0.00% 0.00% 100.00% 0.00% -2.24% 96.10% 107.60% -630.48%
Invested Capital Q/Q Growth
0.00% 0.00% 0.00% 0.00% -0.71% 0.00% 2.29% 1.60% -4.53% 4.74%
Profitability Metrics
- - - - - - - - - -
Gross Margin
13.77% 14.68% 13.70% 14.96% 14.32% 15.17% 15.45% 14.90% 13.77% 14.71%
EBITDA Margin
8.95% 12.78% 11.63% 9.80% 10.40% 12.68% 12.33% 12.68% 12.55% 11.85%
Operating Margin
6.80% 8.54% 7.80% 7.88% 6.71% 8.98% 8.87% 9.17% 9.33% 8.80%
EBIT Margin
6.80% 8.54% 7.80% 7.88% 6.71% 8.98% 8.87% 9.17% 9.33% 8.80%
Profit (Net Income) Margin
-1.63% 0.26% 0.40% 1.32% -1.00% 4.38% 4.43% 4.55% 4.92% 4.91%
Tax Burden Percent
58.74% 15.86% 20.49% 98.73% -75.39% 73.94% 73.81% 73.42% 73.35% 76.16%
Interest Burden Percent
-40.84% 19.05% 25.10% 16.98% 19.71% 66.03% 67.67% 67.55% 71.84% 73.34%
Effective Tax Rate
0.00% 84.14% 79.51% 1.27% 175.39% 26.06% 26.19% 26.58% 26.65% 23.84%
Return on Invested Capital (ROIC)
0.00% 0.00% 0.00% 0.00% -5.88% 15.58% 15.52% 8.46% 9.12% 8.87%
ROIC Less NNEP Spread (ROIC-NNEP)
0.00% 0.00% 0.00% 0.00% -3.20% 12.63% 12.61% 7.29% 7.60% 7.52%
Return on Net Nonoperating Assets (RNNOA)
0.00% 0.00% 0.00% 0.00% -2.87% 11.38% 11.17% 10.89% 6.12% 6.34%
Return on Equity (ROE)
0.00% 0.00% 0.00% 0.00% -8.75% 26.96% 26.69% 19.34% 15.23% 15.21%
Cash Return on Invested Capital (CROIC)
0.00% 0.00% 0.00% 0.00% -3.50% 0.00% 0.00% 0.00% 6.81% 5.03%
Operating Return on Assets (OROA)
0.00% 0.00% 0.00% 0.00% 5.87% 7.52% 7.69% 8.47% 8.86% 8.33%
Return on Assets (ROA)
0.00% 0.00% 0.00% 0.00% -0.87% 3.67% 3.84% 4.20% 4.67% 4.66%
Return on Common Equity (ROCE)
0.00% 0.00% 0.00% 0.00% -8.75% 26.96% 26.69% 19.34% 15.23% 15.21%
Return on Equity Simple (ROE_SIMPLE)
0.00% 0.00% 0.00% 0.00% 0.00% 2.90% 0.00% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)
52 17 22 97 -71 95 100 101 109 109
NOPAT Margin
4.76% 1.35% 1.60% 7.78% -5.06% 6.64% 6.55% 6.73% 6.84% 6.70%
Net Nonoperating Expense Percent (NNEP)
0.00% 0.00% 0.00% 4.77% -2.69% 2.95% 2.91% 1.17% 1.52% 1.34%
Return On Investment Capital (ROIC_SIMPLE)
- - - - -1.55% 2.00% 2.07% 2.05% 2.24% 2.22%
Cost of Revenue to Revenue
86.23% 85.32% 86.30% 85.04% 85.68% 84.83% 84.55% 85.10% 86.23% 85.29%
SG&A Expenses to Revenue
4.82% 4.26% 4.17% 5.05% 5.84% 4.49% 4.97% 4.07% 2.89% 4.42%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
6.97% 6.14% 5.90% 7.09% 7.61% 6.19% 6.58% 5.73% 4.45% 5.92%
Earnings before Interest and Taxes (EBIT)
75 106 105 98 95 129 136 137 149 143
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
98 158 157 122 147 182 189 190 201 193
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
0.00 0.00 0.00 1.24 3.02 3.65 4.21 3.53 3.59 3.20
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)
0.00 0.00 0.00 0.00 1.37 1.64 1.88 1.55 1.58 1.38
Price to Earnings (P/E)
0.00 0.00 0.00 0.00 653.86 125.86 79.53 49.40 34.56 29.25
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 0.00% 0.00% 0.15% 0.79% 1.26% 2.02% 2.89% 3.42%
Enterprise Value to Invested Capital (EV/IC)
0.00 0.00 0.00 1.06 2.07 2.39 2.70 2.36 2.50 2.23
Enterprise Value to Revenue (EV/Rev)
0.00 0.00 0.00 0.00 1.78 2.04 2.28 1.93 1.90 1.72
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 0.00 15.20 17.45 19.17 16.06 15.13 13.90
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 0.00 23.08 26.01 28.02 22.88 20.89 18.99
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 0.00 171.91 53.99 44.68 35.70 28.38 25.58
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 0.00 0.00 0.00 121.90 81.67 174.54 111.30 36.35 48.53
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 37.15 45.16
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.00 0.00 0.00 2.94 0.94 0.96 0.92 0.90 0.83 0.82
Long-Term Debt to Equity
0.00 0.00 0.00 2.91 0.93 0.95 0.91 0.89 0.82 0.81
Financial Leverage
0.00 0.00 0.00 2.90 0.90 0.90 0.89 1.49 0.81 0.84
Leverage Ratio
0.00 0.00 0.00 5.21 3.40 2.66 2.58 3.39 2.53 2.57
Compound Leverage Factor
0.00 0.00 0.00 0.88 0.67 1.76 1.75 2.29 1.82 1.89
Debt to Total Capital
0.00% 0.00% 0.00% 74.62% 48.46% 48.94% 47.99% 47.39% 45.36% 45.10%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.67% 0.51% 0.49% 0.49% 0.48% 0.48% 0.47%
Long-Term Debt to Total Capital
0.00% 0.00% 0.00% 73.95% 47.95% 48.45% 47.50% 46.92% 44.88% 44.63%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
0.00% 0.00% 0.00% 25.38% 51.54% 51.06% 52.01% 52.61% 54.64% 54.90%
Debt to EBITDA
0.00 0.00 0.00 0.00 3.65 3.67 3.47 3.29 2.91 2.86
Net Debt to EBITDA
0.00 0.00 0.00 0.00 3.48 3.45 3.33 3.16 2.53 2.75
Long-Term Debt to EBITDA
0.00 0.00 0.00 0.00 3.61 3.64 3.44 3.26 2.88 2.83
Debt to NOPAT
0.00 0.00 0.00 0.00 41.23 11.37 8.09 7.32 5.46 5.27
Net Debt to NOPAT
0.00 0.00 0.00 0.00 39.33 10.68 7.77 7.01 4.75 5.05
Long-Term Debt to NOPAT
0.00 0.00 0.00 0.00 40.80 11.25 8.01 7.25 5.40 5.21
Altman Z-Score
0.00 0.00 0.00 0.00 1.90 2.15 2.50 2.30 2.49 2.33
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
0.00 0.00 0.00 2.11 1.95 2.00 2.15 2.18 2.20 2.12
Quick Ratio
0.00 0.00 0.00 0.60 0.54 0.63 0.60 0.59 0.72 0.67
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
0.00 0.00 0.00 -4,438 0.00 -4,539 -4,640 -181 14 -73
Operating Cash Flow to CapEx
0.00% -465.26% 245.82% 0.00% 346.47% -95.68% 15.54% 78.86% 2,169.01% -842.89%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 -54.52 0.00 -103.65 -105.86 -4.06 0.33 -1.91
Operating Cash Flow to Interest Expense
0.00 -0.98 0.83 0.00 1.43 -0.55 0.07 0.33 7.69 -3.13
Operating Cash Flow Less CapEx to Interest Expense
0.00 -1.19 0.49 0.00 1.01 -1.12 -0.36 -0.09 7.33 -3.51
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.00 0.00 0.00 0.00 0.87 0.84 0.87 0.92 0.95 0.95
Accounts Receivable Turnover
0.00 0.00 0.00 0.00 9.53 7.41 8.30 8.87 9.82 7.75
Inventory Turnover
0.00 0.00 0.00 0.00 5.80 5.31 5.61 5.76 6.17 6.51
Fixed Asset Turnover
0.00 0.00 0.00 0.00 9.60 9.40 9.76 10.38 10.56 10.77
Accounts Payable Turnover
0.00 0.00 0.00 0.00 8.05 6.29 7.42 7.90 7.79 6.89
Days Sales Outstanding (DSO)
0.00 0.00 0.00 0.00 38.30 49.23 44.00 41.17 37.18 47.08
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 62.93 68.80 65.07 63.42 59.17 56.05
Days Payable Outstanding (DPO)
0.00 0.00 0.00 0.00 45.36 58.04 49.19 46.21 46.83 52.95
Cash Conversion Cycle (CCC)
0.00 0.00 0.00 0.00 55.86 59.98 59.88 58.38 49.52 50.18
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
0.00 0.00 0.00 4,535 4,502 4,634 4,740 4,816 4,598 4,816
Invested Capital Turnover
0.00 0.00 0.00 0.00 1.16 2.35 2.37 1.26 1.33 1.32
Increase / (Decrease) in Invested Capital
0.00 0.00 0.00 4,535 0.00 4,634 4,740 282 96 182
Enterprise Value (EV)
0.00 0.00 0.00 4,811 9,304 11,098 12,808 11,357 11,513 10,731
Market Capitalization
1,440 1,440 1,440 1,440 7,175 8,902 10,581 9,126 9,588 8,611
Book Value per Share
$0.00 $0.00 $0.00 $4.14 $7.10 $7.29 $7.51 $7.73 $7.97 $8.09
Tangible Book Value per Share
$0.00 $0.00 $0.00 ($6.40) ($1.82) ($1.53) ($1.20) ($0.89) ($0.54) ($0.39)
Total Capital
0.00 0.00 0.00 4,586 4,605 4,775 4,832 4,914 4,882 4,899
Total Debt
0.00 0.00 0.00 3,422 2,231 2,337 2,319 2,329 2,215 2,210
Total Long-Term Debt
0.00 0.00 0.00 3,391 2,208 2,314 2,295 2,305 2,191 2,186
Net Debt
0.00 0.00 0.00 3,371 2,129 2,196 2,227 2,231 1,925 2,121
Capital Expenditures (CapEx)
0.00 18 27 0.00 31 25 19 19 15 14
Debt-free, Cash-free Net Working Capital (DFCFNWC)
0.00 0.00 0.00 1,219 1,132 1,281 1,416 1,529 1,314 1,555
Debt-free Net Working Capital (DFNWC)
0.00 0.00 0.00 1,270 1,235 1,422 1,507 1,626 1,604 1,644
Net Working Capital (NWC)
0.00 0.00 0.00 1,240 1,212 1,399 1,484 1,603 1,580 1,621
Net Nonoperating Expense (NNE)
70 14 16 80 -57 32 32 33 31 29
Net Nonoperating Obligations (NNO)
0.00 0.00 0.00 3,371 2,129 2,196 2,227 2,231 1,931 2,126
Total Depreciation and Amortization (D&A)
24 52 52 24 52 53 53 53 52 50
Debt-free, Cash-free Net Working Capital to Revenue
0.00% 0.00% 0.00% 0.00% 21.62% 23.56% 25.20% 26.03% 21.67% 24.87%
Debt-free Net Working Capital to Revenue
0.00% 0.00% 0.00% 0.00% 23.58% 26.15% 26.83% 27.69% 26.45% 26.29%
Net Working Capital to Revenue
0.00% 0.00% 0.00% 0.00% 23.13% 25.72% 26.41% 27.29% 26.06% 25.92%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$0.00 $0.00 $0.00 $0.06 ($0.05) $0.19 $0.21 $0.21 $0.23 $0.24
Adjusted Weighted Average Basic Shares Outstanding
0.00 0.00 0.00 281.21M 288.42M 328.44M 328.45M 328.45M 328.45M 327.26M
Adjusted Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.06 ($0.05) $0.19 $0.20 $0.20 $0.24 $0.24
Adjusted Weighted Average Diluted Shares Outstanding
0.00 0.00 0.00 281.21M 289.80M 334.16M 334.30M 334.41M 334.32M 333.36M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
0.00 0.00 0.00 334.46M 334.46M 334.46M 334.47M 334.47M 332.65M 332.47M
Normalized Net Operating Profit after Tax (NOPAT)
52 74 74 98 66 95 100 101 109 109
Normalized NOPAT Margin
4.76% 5.98% 5.46% 7.88% 4.70% 6.64% 6.55% 6.73% 6.84% 6.70%
Pre Tax Income Margin
-2.78% 1.63% 1.96% 1.34% 1.32% 5.93% 6.00% 6.19% 6.70% 6.45%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
0.71 1.24 1.34 1.20 1.25 2.94 3.09 3.08 3.55 3.75
NOPAT to Interest Expense
0.50 0.20 0.27 1.19 -0.94 2.18 2.28 2.26 2.60 2.86
EBIT Less CapEx to Interest Expense
0.00 1.03 1.00 0.00 0.83 2.37 2.67 2.66 3.20 3.38
NOPAT Less CapEx to Interest Expense
0.00 -0.01 -0.06 0.00 -1.35 1.60 1.86 1.84 2.25 2.48
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Financials Breakdown Chart

Key Financial Trends

Here are the key trends for StandardAero (NYSE: SARO) based on the last four years of quarterly statements provided, focusing on the 2025 results and context from 2024 and 2023 data.

  • Q4 2025 profitability strong: net income $78.6M; diluted EPS $0.24 - Net income from continuing operations rose to $78.6 million in Q4 2025, with diluted earnings per share at $0.24, signaling clear year-end profitability.
  • Q4 2025 revenue & margins solid: revenue $1.60B; gross profit $220.39M - Total revenue reached $1.60 billion and gross profit was $220.39 million (gross margin around 13.8%), with operating income of $149.23M.
  • Q4 2025 cash flow from operations strong: $323.0M - Net cash from continuing operating activities was $323.0 million, indicating robust core cash generation.
  • Liquidity remains solid - As of the latest quarter, current assets (~$2.96B) vs current liabilities (~$1.36B) imply a rough current ratio of about 2.18, suggesting good near-term liquidity.
  • 2025 revenue trend shows growth with some quarterly volatility - Q1 2025 revenue around $1.436B, Q2 about $1.529B, Q3 about $1.499B, and Q4 up to $1.60B, indicating an overall upward trajectory with quarterly fluctuations.
  • Margins relatively stable in the mid-teens - Gross margins hover in the ~13–15% range across 2025 quarters, with operating margins modest and improving in Q4 as profitability strengthened.
  • Leverage and balance sheet structure - Long-term debt around $2.3B and total liabilities near $4.06B, with total equity near $2.58B, indicating a modestly leveraged capital structure typical for aerospace services peers.
  • Profitability dipped in late 2024 - Q4 2024 net income was negative (-$14.1M) and Q3 2024 also showed a loss, highlighting prior-year profitability volatility before the 2025 upturn.
  • Early 2025 operating cash flow weakness - Net cash from continuing operating activities was negative in Q1 2025 (approximately -$24M) before rebounding in subsequent quarters.
05/17/26 01:37 PM ETAI Generated. May Contain Errors.

StandardAero Financials - Frequently Asked Questions

According to the most recent income statement we have on file, StandardAero's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

StandardAero's net income appears to be on an upward trend, with a most recent value of $277.42 million in 2025, falling from -$21 million in 2022. The previous period was $10.97 million in 2024. Find out what analysts predict for StandardAero in the coming months.

StandardAero's total operating income in 2025 was $551.07 million, based on the following breakdown:
  • Total Gross Profit: $897.45 million
  • Total Operating Expenses: $346.38 million

Over the last 3 years, StandardAero's total revenue changed from $4.15 billion in 2022 to $6.06 billion in 2025, a change of 46.1%.

StandardAero's total liabilities were at $3.89 billion at the end of 2025, a 1.3% increase from 2024, and a 15.7% decrease since 2023.

In the past 2 years, StandardAero's cash and equivalents has ranged from $57.98 million in 2023 to $289.72 million in 2025, and is currently $289.72 million as of their latest financial filing in 2025.

Over the last 3 years, StandardAero's book value per share changed from 0.00 in 2022 to 7.97 in 2025, a change of 797.5%.



Financial statements for NYSE:SARO last updated on 5/12/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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