SARO
StandardAero, Inc.
Next earnings Aug 11, 2026 · consensus $0.35 EPS, $1.63B rev
Last earnings -0.9% on 2026-05-07
$30.11
▲ +5.13%$30.11▼ -4.81%
over 1Y
L $24.27H $33.12
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+5.1%
1W+8.3%
1M+19.8%
3M+14.7%
YTD+1.6%
1Y-4.8%
Buy
Conviction
Horizon
Long (>12mo)
12-mo target
$•••
Street · 20 analysts
Buy
Engine-MRO leader riding a structural aftermarket boom: revenue +16%, operating income +37%, cash flow inflecting — but 33x and levered.
Revenue $6.06B · FY2025
The read
Solid fundamentals at a roughly fair price — reasonable risk/reward at today's level.
StandardAero is a pure-play independent provider of aircraft-engine maintenance, repair and overhaul (MRO) — a business benefiting from a powerful structural tailwind as airlines fly aging fleets harder amid new-aircraft delivery constraints, driving heavy shop-visit demand. FY2025 revenue grew 15.8% to $6.06B, continuing a steady climb from $4.15B in FY2022, while operating income rose 36.7% to $551M as the company captured operating leverage and improved the operating margin to 9.1%.
The earnings inflection is dramatic but partly mechanical. Net income jumped to $277M from just $11M in FY2024 (and losses in FY2022-2023), and EPS reached $0.83. A large part of that swing reflects post-IPO deleveraging: cash more than doubled to $290M, operating cash flow surged 314.9% to $317M, and long-term debt held roughly flat at $2.19B, lowering the interest burden that previously consumed operating profit. The negative retained earnings (-$1.29B) are a legacy of the prior leveraged-buyout structure, not current operating losses, and equity grew 12.4% to $2.67B.
AI-generated analysis, produced by our proprietary engine from SEC filing data.
Investment recommendation produced by TENK/calls (tenkcalls.com), Luxembourg. Completed Jun 21, 2026, 4:49 PM ET. Ratings & methodology: definitions · All recommendations to date: track record · Conflicts: disclosures. Not investment advice.
Financials · annual, by fiscal year
| Line item | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Revenue | $4.15B | $4.56B | $5.24B | $6.06B |
| Gross profit | — | — | — | — |
| Operating income | $263M | $337M | $403M | $551M |
| Net income | -$21.0M | -$35.1M | $11.0M | $277M |
| Diluted EPS | -$0.08 | -$0.13 | $0.04 | $0.83 |
| Net margin | -0.5% | -0.8% | 0.2% | 4.6% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value$11.9B
EV / EBITDA16.0
EV / Sales2.0
EV / FCF50.9
P / FCF42.7
PEG (trailing)0.01
Earnings yield2.8%
FCF yield2.3%
Quality & risk
ROIC (est.)8.9%
Free cash flow$234M
Total debt$2.21B
Net cash-$1.92B
Altman Z-Score2.76 grey
Piotroski F-Score8/8
Capital returns
Buyback yield—
Dividend yield (est.)—
Shareholder yield—
Shares Δ YoY-0.5%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsSome governance/structural items recently, but no outright red flags.
Recent filings
all on EDGAR ↗144Filing2026-07-01open ↗4Period ending 2026-06-252026-06-26open ↗4Period ending 2026-06-252026-06-26open ↗4Period ending 2026-06-252026-06-26open ↗4Period ending 2026-06-252026-06-26open ↗4Period ending 2026-06-252026-06-26open ↗4Period ending 2026-06-252026-06-26open ↗8-KPeriod ending 2026-06-252026-06-26open ↗4Period ending 2026-06-122026-06-15open ↗4Period ending 2026-06-122026-06-15open ↗4Period ending 2026-06-122026-06-15open ↗4Period ending 2026-06-122026-06-15open ↗
Frequently asked
- Is StandardAero, Inc. (SARO) a buy?
- SARO currently carries a Buy rating with 3/5 conviction, derived from its latest SEC filings. Engine-MRO leader riding a structural aftermarket boom: revenue +16%, operating income +37%, cash flow inflecting — but 33x and levered.
- What is SARO's fair value?
- A Modified-Graham model based on SARO's SEC fundamentals estimates a fair value of about $31.54. It is an estimate from reported earnings, not a price target.
- Is SARO overvalued or undervalued?
- Against a Modified-Graham fair-value estimate, SARO currently appears fairly valued relative to its SEC-grounded earnings power.
- What is StandardAero, Inc.'s quality score?
- SARO scores 72.3487157939589/100 (grade B) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0002025410, latest 10-Q filed 2026-05-08) · EODHD · Proprietary analysis · as of 6/21/2026, 8:49:19 PM.
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