StandardAero (SARO)

NYSE Industrials Aerospace & Defense S&P MidCap 400

$27.63

+2.33 (+9.21%)

Close of Nov 06, 2026 · end-of-day data

Source: StandardAero's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2022	FY2023	FY2024	FY2025
Revenue	$4.15B	$4.56B	$5.24B	$6.06B
Cost of revenue	$3.60B	$3.93B	$4.48B	$5.17B
Gross profit	$545.70M	$635.32M	$754.14M	$897.45M
Selling, general & admin	$188.10M	$202.77M	$254.09M	$247.70M
Operating income	$262.63M	$337.36M	$403.22M	$551.07M
Interest expense	$242.99M	$309.64M	$282.51M	$174.22M
Pre-tax income	$22.00M	$5.12M	$81.76M	$376.85M
Income tax	$43.00M	$40.18M	$70.78M	$99.44M
Net income	-$21.00M	-$35.06M	$10.97M	$277.42M
EBITDA	$457.86M	$534.46M	$590.30M	$744.73M
EPS (basic)	$-0.08	$-0.13	$0.04	$0.84
EPS (diluted)	$-0.08	$-0.13	$0.04	$0.83
Diluted shares	275.18M	275.18M	289.80M	334.32M
Gross margin	13.1%	13.9%	14.4%	14.8%
Operating margin	6.3%	7.4%	7.7%	9.1%
Net margin	-0.5%	-0.8%	0.2%	4.6%

Balance sheet

fiscal years · USD

Fiscal year	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$120.06M	$57.98M	$102.58M	$289.72M
Receivables	—	$518.33M	$580.67M	$654.39M
Inventory	—	$698.80M	$847.02M	$827.69M
Total current assets	—	$2.14B	$2.49B	$2.90B
Goodwill	$1.61B	$1.63B	$1.69B	$1.68B
Total assets	—	$5.76B	$6.21B	$6.56B
Total current liabilities	—	$1.07B	$1.27B	$1.32B
Short-term debt	—	$26.68M	$23.45M	$23.44M
Long-term debt	—	$3.17B	$2.21B	$2.19B
Total debt	—	$3.20B	$2.23B	$2.21B
Total liabilities	—	$4.61B	$3.84B	$3.89B
Shareholders' equity	$1.20B	$1.15B	$2.37B	$2.67B

Cash flow

fiscal years · USD

Fiscal year	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$27.26M	$67.89M	$76.33M	$316.70M
Capital expenditures	$41.24M	$55.13M	$102.94M	$82.41M
Free cash flow	-$13.98M	$12.76M	-$26.61M	$234.30M
Investing cash flow	-$60.75M	-$112.86M	-$235.45M	-$106.40M
Financing cash flow	-$25.78M	-$14.69M	$203.76M	-$25.51M
Stock-based compensation	—	—	$17.38M	$13.24M
Depreciation & amortization	$195.22M	$197.10M	$187.08M	$193.66M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$1.16B	$1.24B	$1.35B	$1.24B	$1.41B	$1.44B	$1.53B	$1.50B	$1.60B	$1.63B	$1.60B	$1.56B
Cost of revenue	$999.74M	$1.05B	$1.16B	$1.06B	$1.21B	$1.22B	$1.29B	$1.27B	$1.38B	$1.39B	$1.33B	$1.30B
Gross profit	$158.03M	$181.41M	$184.61M	$186.23M	$201.89M	$217.73M	$236.18M	$223.16M	$220.39M	$239.37M	$268.78M	$261.91M
Selling, general & admin	$54.55M	$52.61M	$56.24M	$62.90M	$82.35M	$64.47M	$76.00M	$60.94M	$46.28M	$71.94M	$75.60M	$75.87M
Operating income	$79.87M	$105.51M	$105.08M	$98.05M	$94.59M	$128.92M	$135.57M	$137.34M	$149.23M	$143.10M	$168.48M	$161.06M
Interest expense	$79.13M	$77.55M	$78.05M	$79.90M	$47.01M	$43.79M	$43.84M	$44.57M	$42.02M	$38.15M	$41.28M	$40.50M
Pre-tax income	$744.00K	$20.10M	$26.37M	$16.65M	$18.64M	$85.13M	$91.73M	$92.78M	$107.21M	$104.95M	$127.20M	$120.56M
Income tax	$5.30M	$16.91M	$20.97M	$211.00K	$32.69M	$22.19M	$24.02M	$24.66M	$28.57M	$25.02M	$29.93M	$27.76M
Net income	-$4.56M	$3.19M	$5.40M	$16.44M	-$14.05M	$62.94M	$67.71M	$68.12M	$78.64M	$79.93M	$97.28M	$92.80M
EBITDA	$129.18M	$152.88M	$150.58M	$145.19M	$141.65M	$177.60M	$184.12M	$185.45M	$197.57M	$189.56M	$215.53M	$214.75M
EPS (basic)	$-0.02	$0.01	$0.02	$0.06	$-0.05	$0.19	$0.21	$0.21	$0.23	$0.24	$0.30	$0.29
EPS (diluted)	$-0.02	$0.02	$0.02	$0.06	$-0.05	$0.19	$0.20	$0.20	$0.24	$0.24	$0.29	$0.28
Diluted shares	-280.94B	275.18M	275.18M	275.18M	14.62M	334.16M	334.30M	334.41M	34.00K	333.36M	332.31M	331.05M
Gross margin	13.6%	14.7%	13.7%	15.0%	14.3%	15.2%	15.4%	14.9%	13.8%	14.7%	16.8%	16.8%
Operating margin	6.9%	8.5%	7.8%	7.9%	6.7%	9.0%	8.9%	9.2%	9.3%	8.8%	10.5%	10.3%
Net margin	-0.4%	0.3%	0.4%	1.3%	-1.0%	4.4%	4.4%	4.5%	4.9%	4.9%	6.1%	6.0%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$57.98M	$34.16M	$60.27M	$51.27M	$102.58M	$140.82M	$91.51M	$97.50M	$289.72M	$89.17M	$179.06M	$191.33M
Receivables	$518.33M	—	—	$621.30M	$580.67M	$733.27M	$677.26M	$703.25M	$654.39M	$880.03M	$815.63M	$912.77M
Inventory	$698.80M	—	—	$778.45M	$847.02M	$875.84M	$851.60M	$956.73M	$827.69M	$762.63M	$772.10M	$752.72M
Total current assets	$2.14B	—	—	$2.36B	$2.49B	$2.79B	$2.77B	$2.96B	$2.90B	$3.06B	$3.03B	$3.25B
Goodwill	$1.63B	$1.63B	$1.63B	$1.69B	$1.69B	$1.69B	$1.68B	$1.68B	$1.68B	$1.68B	$1.71B	$1.71B
Total assets	$5.76B	—	—	$6.06B	$6.21B	$6.50B	$6.48B	$6.65B	$6.56B	$6.70B	$6.85B	$7.06B
Total current liabilities	$1.07B	—	—	$1.12B	$1.27B	$1.40B	$1.29B	$1.36B	$1.32B	$1.44B	$1.42B	$1.44B
Short-term debt	$26.68M	—	—	$30.61M	$23.45M	$23.49M	$23.46M	$23.48M	$23.44M	$23.26M	$23.32M	$23.32M
Long-term debt	$3.17B	—	—	$3.39B	$2.21B	$2.31B	$2.30B	$2.31B	$2.19B	$2.19B	$2.30B	$2.45B
Total debt	$3.20B	—	—	$3.42B	$2.23B	$2.34B	$2.32B	$2.33B	$2.21B	$2.21B	$2.33B	$2.47B
Total liabilities	$4.61B	—	—	$4.90B	$3.84B	$4.06B	$3.97B	$4.06B	$3.89B	$4.02B	$4.10B	$4.26B
Shareholders' equity	$1.15B	$1.15B	$1.16B	$1.16B	$2.37B	$2.44B	$2.51B	$2.58B	$2.67B	$2.69B	$2.75B	$2.80B

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$163.75M	-$83.55M	$65.40M	-$13.87M	$108.35M	-$23.99M	$2.88M	$14.80M	$323.01M	-$119.56M	$72.33M	$128.90M
Capital expenditures	—	$18.49M	$26.61M	$25.32M	$32.51M	$25.34M	$21.92M	$19.47M	$15.68M	$15.59M	$21.05M	$30.70M
Free cash flow	$163.75M	-$102.04M	$38.79M	-$39.19M	$75.84M	-$49.32M	-$19.04M	-$4.67M	$307.33M	-$135.15M	$51.28M	$98.20M
Investing cash flow	-$19.14M	-$18.01M	-$26.76M	-$139.36M	-$51.31M	-$40.07M	-$32.30M	-$18.74M	-$15.29M	-$14.18M	-$55.37M	-$209.73M
Financing cash flow	-$157.94M	$77.50M	-$11.59M	$143.20M	-$5.36M	$102.43M	-$20.72M	$9.21M	-$116.43M	-$66.23M	$73.46M	$93.80M
Share buybacks	—	—	—	—	—	—	—	—	—	$60.06M	$40.02M	$50.05M
Stock-based compensation	—	—	—	—	$17.40M	$2.04M	$3.83M	$4.14M	$3.22M	$3.46M	$6.27M	$6.02M
Depreciation & amortization	$49.30M	$47.38M	$45.50M	$47.15M	$47.06M	$48.68M	$48.55M	$48.11M	$48.34M	$46.46M	$47.04M	$53.69M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.