StandardAero, Inc.
IndustrialsNYSE:SARO · New York Stock Exchange
+$0.96 today
Vol 5.08M · Avg 3.96M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Earnings Waterfall
Revenue to Net Income
Key Ratios
Analysis
$6.3B of revenue converted into $294.4M of net income for the selected period. Gross margin is 14.3% and net margin is 4.7%, showing how much revenue survives after costs and taxes. EPS is $0.88, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.1B +15.8% | $5.2B +14.8% | $4.6B +9.9% | $4.2B +19.3% | $3.5B | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $5.2B +15.2% | $4.5B +14.1% | $3.9B +9.0% | $3.6B +17.7% | $3.1B | $725.6M | $804.0M | $882.4M |
| Gross Profit | $897.5M +19.0% | $754.2M +18.7% | $635.3M +16.4% | $545.7M +31.0% | $416.5M | $8.9B | $7.6B | $6.2B |
| Gross Margin | 14.8% +0.4pp | 14.4% +0.5pp | 13.9% +0.8pp | 13.1% +1.2pp | 12.0% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 | $0 | $0 | $0 | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $247.7M +19.5% | $207.3M +2.2% | $202.8M +7.8% | $188.1M +20.3% | $156.4M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $346.4M -1.3% | $350.9M +17.8% | $297.9M +5.3% | $283.0M +9.4% | $258.8M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $193.7M +3.5% | $187.1M -5.1% | $197.1M +1.0% | $195.2M -0.6% | $196.4M | $374.2M | $1.2B | $631.8M |
| EBITDA | $744.7M +35.1% | $551.3M +7.7% | $511.9M +11.5% | $459.1M +28.7% | $356.9M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 12.3% +1.8pp | 10.5% -0.7pp | 11.2% +0.2pp | 11.1% +0.8pp | 10.3% | 5.6% | 46.3% | 42.0% |
| Operating Income | $551.1M +36.7% | $403.2M +19.5% | $337.4M +28.5% | $262.6M +66.6% | $157.7M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 9.1% +1.4pp | 7.7% +0.3pp | 7.4% +1.1pp | 6.3% +1.8pp | 4.5% | 16.6% | 24.1% | 22.0% |
| Interest Income | $0 | $0 | $0 | $0 | $0 | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $174.2M -40.3% | $291.7M -11.1% | $328.0M +35.0% | $243.0M +18.4% | $205.3M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | -$174.2M +45.8% | -$321.5M +3.2% | -$332.2M -38.1% | -$240.6M -18.9% | -$202.4M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $376.9M +360.9% | $81.8M +1497.1% | $5.1M -76.7% | $22.0M +149.1% | -$44.8M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 6.2% +4.7pp | 1.6% +1.4pp | 0.1% -0.4pp | 0.5% +1.8pp | -1.3% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $99.4M +40.5% | $70.8M +76.2% | $40.2M -6.5% | $43.0M +412.2% | -$13.8M | $1.3B | -$1.6B | $745.2M |
| Net Income | $277.4M +2427.9% | $11.0M +131.3% | -$35.1M -67.0% | -$21.0M +31.6% | -$30.7M | $4.9B | $4.8B | $4.7B |
| Net Margin | 4.6% +4.4pp | 0.2% +1.0pp | -0.8% -0.3pp | -0.5% +0.4pp | -0.9% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $1 +2110.5% | $0 +138.0% | -$0 -59.2% | -$0 +31.6% | -$0 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $1 +2090.0% | $0 +137.9% | -$0 -59.2% | -$0 +31.6% | -$0 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $328.5M +13.9% | $288.4M -13.8% | $334.5M +0.0% | $334.5M +0.0% | $334.5M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $334.4M +15.4% | $289.8M -13.4% | $334.5M +0.0% | $334.5M +0.0% | $334.5M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
Generac Holdings Inc.
NYSE:GNRC
$15.44B
Leonardo DRS, Inc.
NASDAQ:DRS
$12.95B
U-Haul Holding Company
NYSE:UHAL
$11.85B
Embraer S.A.
ERJ
$11.85B
Applied Industrial Technologies, Inc.
NYSE:AIT
$11.83B
Donaldson Company, Inc.
NYSE:DCI
$10.01B
Flowserve Corporation
NYSE:FLS
$9.98B
CAE Inc.
NYSE:CAE
$8.14B
Pool Corporation
NASDAQ:POOL
$7.11B
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does SARO generate?
StandardAero, Inc. (SARO) reported $6.06B of revenue in fiscal 2025.
Is SARO profitable?
StandardAero, Inc. (SARO) reported $277.42M of net income, with a net margin of 4.6%.
Explore More
Continue the stock analysis
Jump to another research area for this company.