undamentalytics Newsletter

Standardaero, Inc. (SARO) stock

Add holding +

NYSE: SARO NYSE Aerospace & Defense Next results ~November 5, 2026

C Fundamentals grade

Standardaero, Inc. is a US-listed company in the aerospace & defense industry. Its financial year ends in December.

Stock price today

Loading chart…

Third-party market data · may be delayed

Fair value per share

Under review: after-tax interest is 90% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy.

Price vs value

Under review: after-tax interest is 90% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy. We'll show the comparison once resolved.

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

Value diary

Our note on each quarter Standardaero files

Where Standardaero stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $6.32bn, up 12.6% on a year earlier, slower than 15.0% a quarter earlier. Free-cash-flow margin rose to 3.5% from -0.6% a year earlier. The diluted share count is up 4.5% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades D. It passes 2 of our 6 financial-health checks.

Our model value for Standardaero is under review, so past values are not shown until it is resolved.

Source: 10-Q filed August 7, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 5, 2026 (estimated)

Standardaero, Inc.'s trailing-twelve-month revenue grew 12.6% year on year, with a free-cash-flow margin of 3.5%. Where it stands out: stock pay as % of revenue of 0.3% ranks 2 of 53 aerospace & defense companies we cover. Where it lags: gross margin of 15.0% ranks 41 of 46 aerospace & defense companies we cover.

Our discounted-cash-flow model values the business at ~$17 per share in the base case (~$11–$25 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Revenue growth decelerating: TTM revenue growth slowed to 12.6% (-2.5pp vs the prior quarter), the 3rd consecutive quarterly slowdown.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Strengths

Nothing in Standardaero, Inc.'s latest figures clears our strength thresholds.

Things to watch

  • Results due soon. Results are expected around 5 November; the share price can move sharply on the day.
  • Share dilution. Diluted shares rose 4.5% in a year.
  • Growth easing. The growth rate is 2.5 points lower than a quarter earlier.
  • Weak cash conversion. Free cash flow was 68% of net income over the last 12 months.
  • Below peers: gross margin. Gross margin of 15.0% ranks 41 of 46 aerospace & defense companies we cover (median 28.3%).
  • Below peers: long-term debt as % of assets. Long-term debt as % of assets of 33.6% ranks 39 of 47 aerospace & defense companies we cover (median 22.1%).

Latest results: FY2026 Q2

Filed August 7, 2026
Earnings per share
$0.29 against an average estimate of $0.30: missed by 2.9%
Revenue
$1.60bn, up 4.6% on a year earlier
Share reaction
-5.9% in the first session after the results on August 6, 2026, against +0.5% for the S&P 500
Guidance given
revenue $6,375m to $6,500m (Full Year 2026); engine Services $5,600m to $5,700m (Full Year 2026)
Next report
November 5, 2026; average EPS estimate $0.38

Standardaero's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+7.5%
  • 1 week+12.0%
  • 1 month+19.4%
  • This year-12.4%
  • 1 year-13.0%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$6.3B
Operating margin
9.5%
Net margin
5.1%
EPS (TTM, diluted)
$0.97

Growth

Revenue growth
+12.6%
Change in growth rate
−2.5 pts
Share count change
+4.5%

Cash

Free cash flow (TTM)
$219M
FCF margin
3.5%
Stock pay % of revenue
0.3%

Earnings

Last results
August 6, 2026
Next results (est.)
November 5, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Announcement
  2. Partnership
  3. Leadership
  4. Announcement
  5. Announcement
  6. Announcement
  7. Results
  8. Insider trade
  9. Guidance
  10. Insider trade
  11. Insider trade
  12. Announcement
  13. Partnership
  14. Announcement
  15. Insider trade
  16. Insider trade

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: held for review: after-tax interest is 90% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Standardaero, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 10.2%: the 10-year Treasury yield (4.9%) plus a beta of 1.16 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. — Does not apply: This model is withheld pending its input or assumption review.
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$35 ~$29–$50 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$4.7 ~$3.1–$7.2 Left out: out of range vs price (0.19x)
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$3.6 ~$3.2–$4.2 Left out: out of range vs price (0.14x)
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Standardaero, Inc. with Aerospace & Defense in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

Standardaero, Inc.: market value and multiples by fiscal year
At fiscal year end 20242025Now
Share price$24.76$28.68$25.13
Market value$7.2bn$9.6bn$8.4bn
+ Net debt (− = net cash)$2.2bn$2.0bn$2.2bn
Enterprise value$9.3bn$11.5bn$10.6bn
Multiples
Price / sales 1.4x1.6x1.3x
Price / earnings n/m34.6x25.9x
Price / free cash flow —40.9x38.3x
EV / EBITDA 15.8x15.5x13.4x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Low.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 5, 2026, after the close. Analysts expect revenue of $1.6bn and EPS of $0.38 (range $0.36 to $0.40) for the quarter.

Analysts' consensus

Standardaero, Inc.: consensus estimates
Fiscal yearEPSGrowthRevenueGrowth
Current $1.18 +42% $6.4bn +6%
Next $1.47 +25% $7.0bn +9%

Next year's EPS estimate has moved −0.8% in 90 days, across 11 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −0.0% on 90 days ago. In the last 30 days, 0 analysts raised Standardaero, Inc.'s forecast and 5 cut it.

Consensus EPS forecast Standardaero, Inc., last 90 days
$1.10 $1.20 $1.30 $1.40 $1.50 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $1.18 Current fiscal year, 60 days ago: $1.20 Current fiscal year, 30 days ago: $1.18 Current fiscal year, 7 days ago: $1.18 Current fiscal year, Now: $1.18 $1.18 Next fiscal year, 90 days ago: $1.48 Next fiscal year, 60 days ago: $1.50 Next fiscal year, 30 days ago: $1.48 Next fiscal year, 7 days ago: $1.47 Next fiscal year, Now: $1.47 $1.47

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $1.18$1.48
60 days ago $1.20$1.50
30 days ago $1.18$1.48
7 days ago $1.18$1.47
Now $1.18$1.47

Earnings against estimates

Standardaero, Inc.: reported EPS against the consensus estimate
Quarter toEstimateActualSurprise
Jun 2026 $0.30 $0.29 −2.9%
Mar 2026 $0.24 $0.24 +1.5%
Dec 2025 $0.24 $0.24 −1.3%
Sept 2025 $0.20 $0.20 −0.5%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 6, 2026
  • Revenue Full Year 2026 $6,375m to $6,500m Raised
    “Revenue 1 (increase) $6,375 to $6,500” source
  • Adjusted Diluted Earnings Per Share Full Year 2026 $1.50 to $1.57 Non-GAAP Raised
    “Adjusted Diluted Earnings Per Share 3 (revised) $1.50 to $1.57” source
  • Engine Services Full Year 2026 $5,600m to $5,700m Raised
    “Engine Services 1 (increase) $5,600 to $5,700” source
  • Component Repair Services Full Year 2026 $775m to $800m
    “Component Repair Services $775 to $800” source
  • Adjusted EBITDA Full Year 2026 $885m to $910m Non-GAAP Raised
    “Adjusted EBITDA (increase) $885 to $910” source
  • Engine Services Segment Full Year 2026 $770m to $785m Non-GAAP Raised
    “Engine Services Segment (increase) $770 to $785” source
Show 2 more items
  • Component Repair Services Segment Full Year 2026 $220m to $230m Non-GAAP
    “Component Repair Services Segment $220 to $230” source
  • Adjusted Free Cash Flow Full Year 2026 $270m to $300m Non-GAAP
    “Adjusted Free Cash Flow 2 (revised) $270 to $300” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

Analyst recommendations

15 analysts, Oct 2026
Buy1173%
Hold427%
Sell00%

Monthly trend

  1. Oct 202629415
  2. Sep 202629415
  3. Aug 202629314
  4. Jul 202629213

Counts of recommendations published by analysts covering Standardaero, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
13.8%
of tradable shares
Days to cover
6.82
at average volume
Short interest, 1 month
+19%
to October 15, 2026
Held by institutions
—
of shares
Held by insiders
0.3%
of shares
Employees
8,000
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −13.0%

$28.89 on October 31, 2025 to $25.13

Standardaero, Inc.: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $5.6bn $6.3bn +12.6%
Net margin 2.4% 5.1% +116.3%
P/E multiple 69.3x 25.9x −62.7%
Share count 319m 334m −4.3%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Standardaero, Inc.: yearly return, monthly win rate and worst fall against the S&P 500
Calendar year 20252026 to date
Return
SARO+16%−12%
Industry peers (median)+19%−11%
S&P 500+18%+11%
Months that ended higher
SARO67%46%
S&P 50075%46%
Largest fall from a high during the year
SARO−24%−40%
S&P 500−19%−9%

Worst fall since October 2, 2024: 40% from January 27, 2026 to October 14, 2026. Getting back needed a 68% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$19.76 – $33.12
From 52-week high
−24.1%
vs 50-day average
+11.1%
vs 200-day average
−5.5%
Volatility (1 year)
37%
Beta vs S&P 500
1.25

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
3 up, 5 down
typical move ±5.1%
After a week
3 up, 5 down
typical move ±6.2%
After a month
1 up, 7 down
typical move ±11.2%
Standardaero, Inc.: share-price change after each results release
Results releasedNext dayS&P 500 next day5 days21 days
August 6, 2026 −5.9% +0.5% −12.5% −20.0%
May 7, 2026 −4.3% +0.5% +0.2% −5.6%
February 25, 2026 +0.2% +0.3% −5.4% −17.4%
January 27, 2026 −3.5% +0.4% −6.7% −2.5%
August 13, 2025 −5.8% +0.4% −7.1% −5.3%
May 12, 2025 +7.4% +4.0% +7.7% +10.6%
March 10, 2025 +6.3% −3.5% +7.6% −17.2%
November 13, 2024 −7.6% −0.6% −2.7% −11.0%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Standardaero, Inc. in five measures

Fundamentals grade C
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Standardaero, Inc.
$3B $4B $5B $6B $7B FY21 Q4 FY24 Q3 FY25 Q1 FY25 Q3 FY26 Q2 Revenue (TTM), FY21 Q4: $3.5B Revenue (TTM), FY24 Q2: $4.8B Revenue (TTM), FY24 Q3: $5B Revenue (TTM), FY24 Q4: $5.2B Revenue (TTM), FY25 Q1: $5.4B Revenue (TTM), FY25 Q2: $5.6B Revenue (TTM), FY25 Q3: $5.9B Revenue (TTM), FY25 Q4: $6.1B Revenue (TTM), FY26 Q1: $6.3B Revenue (TTM), FY26 Q2: $6.3B $6.3B

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Revenue (TTM)
FY21 Q4 $3.5B
FY24 Q2 $4.8B
FY24 Q3 $5B
FY24 Q4 $5.2B
FY25 Q1 $5.4B
FY25 Q2 $5.6B
FY25 Q3 $5.9B
FY25 Q4 $6.1B
FY26 Q1 $6.3B
FY26 Q2 $6.3B
Revenue growth, TTM YoY Standardaero, Inc.
12% 14% 16% 18% FY25 Q2 FY25 Q3 FY25 Q4 FY26 Q1 FY26 Q2 Revenue growth, TTM YoY, FY25 Q2: 16.1% Revenue growth, TTM YoY, FY25 Q3: 17.8% Revenue growth, TTM YoY, FY25 Q4: 15.8% Revenue growth, TTM YoY, FY26 Q1: 15.0% Revenue growth, TTM YoY, FY26 Q2: 12.6% 12.6%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Revenue growth, TTM YoY
FY25 Q2 16.1%
FY25 Q3 17.8%
FY25 Q4 15.8%
FY26 Q1 15.0%
FY26 Q2 12.6%
Operating margin (TTM) Standardaero, Inc.
4% 6% 8% 10% FY21 Q4 FY24 Q3 FY25 Q1 FY25 Q3 FY26 Q2 Operating margin (TTM), FY21 Q4: 4.5% Operating margin (TTM), FY24 Q2: 7.5% Operating margin (TTM), FY24 Q3: 7.8% Operating margin (TTM), FY24 Q4: 7.7% Operating margin (TTM), FY25 Q1: 7.8% Operating margin (TTM), FY25 Q2: 8.1% Operating margin (TTM), FY25 Q3: 8.5% Operating margin (TTM), FY25 Q4: 9.1% Operating margin (TTM), FY26 Q1: 9.0% Operating margin (TTM), FY26 Q2: 9.5% 9.5%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Operating margin (TTM)
FY21 Q4 4.5%
FY24 Q2 7.5%
FY24 Q3 7.8%
FY24 Q4 7.7%
FY25 Q1 7.8%
FY25 Q2 8.1%
FY25 Q3 8.5%
FY25 Q4 9.1%
FY26 Q1 9.0%
FY26 Q2 9.5%
FCF margin (TTM) Standardaero, Inc.
-2% 0% 2% 4% FY21 Q4 FY24 Q4 FY25 Q2 FY25 Q4 FY26 Q2 FCF margin (TTM), FY21 Q4: 2.7% FCF margin (TTM), FY24 Q2: 3.5% FCF margin (TTM), FY24 Q4: -0.5% FCF margin (TTM), FY25 Q1: 0.5% FCF margin (TTM), FY25 Q2: -0.6% FCF margin (TTM), FY25 Q3: 0.0% FCF margin (TTM), FY25 Q4: 3.9% FCF margin (TTM), FY26 Q1: 2.4% FCF margin (TTM), FY26 Q2: 3.5% 3.5%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period FCF margin (TTM)
FY21 Q4 2.7%
FY24 Q2 3.5%
FY24 Q4 -0.5%
FY25 Q1 0.5%
FY25 Q2 -0.6%
FY25 Q3 0.0%
FY25 Q4 3.9%
FY26 Q1 2.4%
FY26 Q2 3.5%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q, 424B4. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Standardaero took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $6.1B
  2. Cost of revenue $5.2B · 85.2%
  3. Gross profit $897M · 14.8%
  4. Selling, general and admin $248M · 4.1%
  5. Other operating costs $98.7M · 1.6%
  6. Operating income $551M · 9.1%
  7. Income tax $99.4M · 1.6%
  8. Interest and other $174M · 2.9%
  9. Net income $277M · 4.6%
Where Standardaero's revenue went, FY2025
Revenue $6.1B
Cost of revenue $5.2B 85.2% of revenue
Gross profit $897M 14.8% of revenue
Selling, general and admin $248M 4.1% of revenue
Other operating costs $98.7M 1.6% of revenue
Operating income $551M 9.1% of revenue
Income tax $99.4M 1.6% of revenue
Interest and other $174M 2.9% of revenue
Net income $277M 4.6% of revenue

Shares of revenue. Source: Standardaero's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Standardaero, Inc.: annual financial statements
Fiscal year 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 3,480 4,150 4,563 5,237 6,063 6,325
Gross profit — 546 635 754 897 952
EBITDA — 458 534 590 745 788
Operating income 158 263 337 403 551 598
Net income — −21 −35 11 277 324
Diluted EPS −$0.11 −$0.08 −$0.13 $0.04 $0.83 $0.97
Growth (year on year)
Revenue — +19.3% +9.9% +14.8% +15.8% +12.6%
EBITDA — — +16.7% +10.4% +26.2% +21.5%
Operating income — +66.6% +28.5% +19.5% +36.7% +30.9%
Net income — — — — — +143.5%
Diluted EPS — — — — — +133.1%
Margins
Gross margin — 13.1% 13.9% 14.4% 14.8% 15.0%
EBITDA margin — 11.0% 11.7% 11.3% 12.3% 12.5%
Operating margin 4.5% 6.3% 7.4% 7.7% 9.1% 9.5%
Net margin — −0.5% −0.8% 0.2% 4.6% 5.1%
Free-cash-flow margin 2.7% −0.3% 0.3% −0.5% 3.9% 3.5%
Cash flow
Cash from operations 131 27 68 76 317 291
Capital spending 37 41 55 103 82 72
Free cash flow 94 −14 13 −27 234 219
Stock-based pay — — — 17 13 17
Free cash flow after stock pay — — — −44 221 202
Balance sheet
Cash 183 120 58 103 290 179
Total debt 0 0 3,259 2,270 2,247 2,355
Net debt (negative = net cash) −183 −120 3,201 2,167 1,957 2,176
Diluted shares — 275m 275m 290m 334m 334m

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 6 checks passed · June 30, 2026
What it owns · $6.9bn
Short-term assets $3.0bnLonger-term assets $3.8bn
What it owes, and who funded it · $6.9bn
Short-term liabilities $1.4bnLonger-term liabilities $2.7bnShareholders' equity $2.8bn
  • Short-term assets cover short-term liabilities $3.0bn of assets due within a year against $1.4bn of liabilities due within a year.
  • Short-term assets cover long-term liabilities $3.0bn short-term assets against $2.7bn of longer-dated liabilities.
  • More cash than debt $179m of cash against $2.3bn of debt.
  • Debt below 40% of shareholders' equity Debt is 84% of equity.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt $291m of operating cash flow against $2.3bn of debt.
  • Operating profit covers interest at least five times over Operating income of $598m against $166m of interest.

From Standardaero, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Diluted share count
+4.5%
year over year
Sales & admin spending
4.0%
of revenue
Days sales outstanding
47 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in aerospace & defense
Growth, margins and cash generation against peers
Last 12 months unless stated SARO HEI ESLT ATI VVX MOG.A Median
Revenue, last 12 months $6.3bn $5.2bn $7.9bn $5.0bn $5.0bn $4.3bn $769m
Revenue growth, last 12 months 12.6% 20.7% 16.3% 9.4% 13.2% 15.7% 15.5%
Revenue growth, 3-year average — 25.1% 39.5% 6.8% 8.6% 10.3% 12.6%
Revenue growth, latest quarter 4.6% 23.1% — 26.5% 8.9% 15.2% 15.8%
Gross margin 15.0% 40.4% 24.4% 24.5% 8.5% 28.2% 27.8%
Operating margin 9.5% 24.0% 8.5% 16.5% 4.2% 13.3% 9.0%
Operating margin, 3-year average 8.4% 22.5% 8.7% 14.4% 4.0% 11.9% 6.0%
Net margin 5.1% 16.4% 6.7% 11.1% 2.0% 8.7% 5.5%
Cash from operations / revenue 4.6% 21.5% 9.8% 14.6% 3.4% 11.2% 5.5%
Free-cash-flow margin 3.5% 19.9% 7.0% 8.4% 3.2% 8.1% 3.4%
Free-cash-flow margin, 3-year average 1.9% 17.6% 3.7% 7.6% 3.0% 3.4% 3.0%
Stock pay / revenue 0.3% 0.4% 0.3% 0.6% 0.3% 0.5% 1.2%
Change in share count 4.5% 0.3% 4.9% −3.3% −1.8% −0.3% 3.9%

Median of all 57 companies we cover in aerospace & defense. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

57 aerospace & defense companies
Measures ranked against peers
Measure Company Peer median Rank
Revenue growth Growth 12.6% 15.5% 33 of 57
Change in growth rate Growth -2.5pp +2.2pp 46 of 57
Gross margin Profitability 15.0% 28.3% 41 of 46
Operating margin Profitability 9.5% 8.5% 25 of 51
Net margin Profitability 5.1% 5.5% 32 of 57
Free-cash-flow margin Cash generation 3.5% 3.4% 28 of 57
Stock pay as % of revenue Cash generation 0.3% 1.5% 2 of 53
Long-term debt as % of assets Balance sheet 33.6% 22.1% 39 of 47
Change in share count Balance sheet 4.5% 2.4% 28 of 51
Days sales outstanding Balance sheet 47 days 53 days 17 of 45

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Engine Services $5.4B 88.3% ▲ 15.3%
Component Repair Services $709M 11.7% ▲ 19.6%
Products and services
Line of business Revenue YoY
Engine Services $5.4B ▲ 15.3%
Commercial Aerospace $3.6B ▲ 17.6%
Business Aviation $1.2B ▲ 12.1%
Military and Helicopter $1.1B ▲ 9.4%
Component Repair Services $709M ▲ 19.6%
Other $217M ▲ 44.5%
Rental Engines $85.9M ▲ 2.8%

These categories overlap or exclude eliminations, so shares aren't shown.

Geography
Region Revenue Share YoY
United States $3.4B 55.9% ▲ 10.3%
Canada $757M 12.5% ▲ 28.0%
Rest of Europe $545M 9.0% ▲ 35.5%
Asia $509M 8.4% ▲ 117.7%
United Kingdom $446M 7.4% ▼ 26.2%
Rest of World $417M 6.9% ▲ 25.5%

From Standardaero, Inc.'s 10-K filed February 26, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Reported value
$10.8B
Institutions reporting
361
Shares held vs prior quarter
▲ 9.7%
Positions opened / closed
98 / 65

Top buyers and sellers, Q2 2026: 237 institutions bought and 160 sold ; the biggest buyer was River Road Asset Management, LLC (+6.6M shares) and the biggest seller T. Rowe Price Investment Management, Inc (−6.8M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Carlyle Group Inc. $2.5B 84.6M 23.5% 0.0%
Price T Rowe Associates Inc $1.4B 45.3M 12.6% ▲ 16.1%
Blackrock, Inc. $646M 21.6M 6.0% ▼ 0.8%
Allspring Global Investments Holdings, LLC $457M 15.2M 4.2% ▲ 1.0%
State Street Corp $390M 13.0M 3.6% ▲ 2.8%
Jupiter Topco LLC $367M 12.3M 3.4% —
Vanguard Capital Management LLC $315M 10.5M 2.9% ▲ 35.3%
Vanguard Portfolio Management LLC $298M 10.0M 2.8% ▲ 39.0%
Victory Capital Management Inc $294M 9.8M 2.7% ▲ 3.5%
Norges Bank $219M 7.3M 2.0% —
River Road Asset Management, LLC $197M 6.6M 1.8% New
T. Rowe Price Investment Management, Inc. $195M 6.5M 1.8% ▼ 51.1%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Standardaero, Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Recent insider open-market transactions
Insider Date Trade Shares Price Value
Kaplan Michael L. Chief Legal Officer October 16, 2026 Sell 780 $21.24 $16,567
Ford Russell Wayne Chief Executive Officer August 10, 2026 Sell pre-set plan 41 $30.00 $1,230
Ford Russell Wayne Chief Executive Officer August 7, 2026 Sell pre-set plan 20,413 $30.56 $623,821
Ford Russell Wayne Chief Executive Officer August 6, 2026 Sell pre-set plan 40,000 $31.42 $1.3M
Ford Russell Wayne Chief Executive Officer August 5, 2026 Sell pre-set plan 40,000 $30.89 $1.2M
Ford Russell Wayne Chief Executive Officer August 4, 2026 Sell pre-set plan 40,000 $30.24 $1.2M
Ford Russell Wayne Chief Executive Officer August 3, 2026 Sell pre-set plan 10,969 $30.04 $329,509
Ford Russell Wayne Chief Executive Officer July 7, 2026 Sell pre-set plan 40,000 $30.12 $1.2M
Ford Russell Wayne Chief Executive Officer July 6, 2026 Sell pre-set plan 40,000 $30.44 $1.2M
Ford Russell Wayne Chief Executive Officer July 2, 2026 Sell pre-set plan 40,000 $30.24 $1.2M
Ford Russell Wayne Chief Executive Officer July 1, 2026 Sell pre-set plan 40,000 $30.23 $1.2M
Ford Russell Wayne Chief Executive Officer April 16, 2026 Sell 10,638 $27.36 $291,056

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 9 trades and filings

In the last 12 months, 1 member of Congress disclosed 4 purchases and 0 sales of Standardaero, Inc. shares.

  • Gilbert Ray Cisneros, Jr.(D-CA 31):Purchase, $1,001 - $15,000, traded May 11, 2026, filed June 8, 2026
  • Gilbert Ray Cisneros, Jr.(D-CA 31):Purchase, $1,001 - $15,000, traded March 27, 2026, filed April 7, 2026
  • Gilbert Ray Cisneros, Jr.(D-CA 31):Purchase, $1,001 - $15,000, traded December 10, 2025, filed January 12, 2026

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around November 5, 2026 estimated from the company's past filing pattern, not announced

  • August 6, 2026
  • May 7, 2026
  • February 25, 2026
  • January 27, 2026
  • August 13, 2025
  • May 12, 2025

Recent SEC filings

Data status

When each part of this page on Standardaero, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Standardaero, Inc. in brief

What does Standardaero, Inc. do?
Standardaero, Inc. is a US-listed company in the aerospace & defense industry. Its financial year ends in December.
What is Standardaero, Inc.'s stock ticker?
Standardaero, Inc. trades under the ticker SARO on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Standardaero, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Standardaero, Inc. reported revenue of $6.3B, 12.6% higher than a year earlier, according to its SEC filings.
What is Standardaero, Inc.'s free cash flow?
Standardaero, Inc.'s free-cash-flow margin is 3.5% of revenue over the trailing twelve months, ranking 28 of the 57 aerospace & defense companies we cover.
Who are Standardaero, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Carlyle Group Inc., Price T Rowe Associates Inc and Blackrock, Inc. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Standardaero, Inc.'s market cap?
On November 2, 2026, Standardaero, Inc.'s market capitalisation was about $8.4B, with a price-to-earnings ratio of 25.9 and net debt of $2.2B. Market figures come from third-party market data and may be delayed.
How much debt does Standardaero, Inc. have?
Standardaero, Inc.'s debt-to-equity ratio is 84.4%, from its latest balance sheet. The financial health section below sets out its other solvency checks.
Who are Standardaero, Inc.'s competitors?
In our Aerospace & Defense peer group, the companies closest to Standardaero, Inc. are Heico Corp, Elbit Systems LTD, ATI Inc, V2x, Inc. and Moog Inc. The side-by-side comparison below sets their revenue, margins and growth against Standardaero, Inc.'s.
Are insiders buying or selling Standardaero, Inc. stock?
Over the last 12 months, Standardaero, Inc.'s directors and officers reported 1 open-market purchases and 35 sales on Form 4. The insider trading page charts every trade.
When is Standardaero, Inc.'s next earnings date?
Around November 5, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Standardaero, Inc. announces its own schedule.