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AI brief of an SEC Form 8-K · StandardAero (SARO)

StandardAero Q3 revenue rises 13.2% to $1.24 billion; net income $16.4 million

Positive Impact 3 of 5 earnings Written later

StandardAero reported third quarter 2024 revenue of $1.24 billion, up 13.2% from a year earlier, and net income of $16.4 million, compared with a net loss of $17.9 million in the prior-year quarter. Adjusted EBITDA rose 26.0% to $168.4 million, and the company said its October 2024 IPO and debt refinancing are expected to produce more than $130 million in annual interest savings compared with pre-IPO levels.

Key points

  • Revenue was $1.24 billion ($1,244.6 million), up 13.2% from $1.10 billion a year earlier, led by commercial aerospace (up 20%) and business aviation (up 15%).
  • Net income was $16.4 million, or $0.06 per share, versus a net loss of $17.9 million, or $(0.06) per share, in the prior-year quarter.
  • Adjusted EBITDA was $168.4 million, up 26.0%, with margin of 13.5%, up 137 basis points.
  • The IPO closed October 2, 2024 at $24.00 per share, with about $1.2 billion of net proceeds used to repay debt; new credit facilities were put in place October 31, 2024.

The filing

CompanyStandardAero (SARO)
Form8-K, current report
Filed with the SECNov 13, 2024, 4:11 PM ET
Accession number0000950170-24-126325

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 13, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.