Latest Ratios: P/E Ratio 33.9x · EV/EBITDA 15.5x · ROE 11.0%. (2022–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Market Cap | $9.4B | $9.6B | $7.2B | — | — |
| Enterprise Value | $11.5B | $11.8B | $9.5B | — | — |
| P/E Ratio → | 33.90 | 34.55 | 653.30 | — | — |
| P/S Ratio | 1.54 | 1.58 | 1.37 | — | — |
| P/B Ratio | 3.53 | 3.60 | 3.02 | — | — |
| P/FCF | 39.93 | 40.93 | — | — | — |
| P/OCF | 29.54 | 30.28 | 94.01 | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| EV / Revenue | — | 1.94 | 1.81 | — | — |
| EV / EBITDA | 15.46 | 15.78 | 16.07 | — | — |
| EV / EBIT | 20.90 | 21.32 | 26.04 | — | — |
| EV / FCF | — | 50.15 | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Gross Margin | 14.8% | 14.8% | 14.4% | 13.9% | 13.1% |
| Operating Margin | 9.1% | 9.1% | 7.7% | 7.4% | 6.3% |
| Net Profit Margin | 4.6% | 4.6% | 0.2% | -0.8% | -0.5% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| ROE | 11.0% | 11.0% | 0.6% | -3.0% | -1.8% |
| ROA | 4.3% | 4.3% | 0.2% | -0.6% | -0.4% |
| ROIC | 8.7% | 8.7% | 6.6% | 5.7% | 4.4% |
| ROCE | 10.8% | 10.8% | 8.4% | 7.1% | 5.5% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Debt / Equity | 0.92 | 0.92 | 1.02 | 2.94 | 2.81 |
| Debt / EBITDA | 3.29 | 3.29 | 4.09 | 6.32 | 7.36 |
| Net Debt / Equity | — | 0.81 | 0.97 | 2.89 | 2.71 |
| Net Debt / EBITDA | 2.90 | 2.90 | 3.91 | 6.21 | 7.09 |
| Debt / FCF | — | 9.22 | — | — | — |
| Interest Coverage | 3.16 | 3.16 | 1.25 | 0.96 | 1.09 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Current Ratio | 2.20 | 2.20 | 1.95 | 2.00 | 2.08 |
| Quick Ratio | 1.57 | 1.57 | 1.29 | 1.34 | 1.45 |
| Cash Ratio | 0.22 | 0.22 | 0.08 | 0.05 | 0.12 |
| Asset Turnover | — | 0.92 | 0.84 | 0.79 | 0.72 |
| Inventory Turnover | 6.24 | 6.24 | 5.29 | 5.62 | 5.96 |
| Days Sales Outstanding | — | 39.40 | 104.95 | 107.16 | 107.02 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Earnings Yield | 2.9% | 2.9% | 0.2% | — | — |
| FCF Yield | 2.5% | 2.4% | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | — | — |
| Shares Outstanding | — | $334M | $290M | $334M | $334M |
OEM authorization dependency risk
Based on current market data, StandardAero trades at a forward P/E of 22.19, which suggests that investors are pricing in significant earnings expansion relative to the company's historical performance and its position within the broader aerospace aftermarket service sector.
The current valuation appears to reflect a premium compared to diversified industrial peers, likely driven by the company's role as a critical service provider for aging engine fleets. However, the lack of a PEG ratio and the high P/FCF of 39.93 warrant caution, as these multiples imply that future cash flow generation must accelerate significantly to justify the current share price.
As reported in recent financial statements, StandardAero's ROIC has remained in a narrow range between 1.5% and 4.8% over the last ten quarters, indicating that the company is currently struggling to generate returns that meaningfully exceed its cost of capital.
The low ROIC trend suggests that the business model is highly capital-intensive, requiring significant investment in specialized tooling and inventory to maintain its OEM authorizations. Investors should monitor whether management can improve asset utilization, as current returns appear insufficient to drive long-term compounding of shareholder value without further margin expansion.
According to quarterly filings, the company's cash conversion cycle has shown extreme volatility, peaking at 506 days in 2023Q4 before moderating to 46 days in 2026Q1, which highlights the inherent difficulty in managing inventory and receivables within the complex aerospace MRO supply chain.
The dramatic swings in the CCC suggest that the company's working capital management is highly sensitive to the timing of engine induction and parts procurement. This inconsistency in efficiency metrics may indicate that the company lacks the pricing power to dictate terms to its OEM suppliers or its airline customers, potentially pressuring liquidity during periods of high activity.
Based on the provided financial data, StandardAero has successfully reduced its debt-to-equity ratio from a high of 3.10 in 2024Q3 to 0.91 in 2026Q1, signaling a meaningful improvement in the company's balance sheet health following its transition to a public entity.
The reduction in leverage is a positive development that likely lowers the company's interest burden and improves its ability to navigate cyclical downturns in the aerospace sector. However, the interest coverage ratio, while improving, remains relatively low at 3.89, suggesting that the company must maintain disciplined capital allocation to avoid future refinancing risks in a volatile interest rate environment.
The P/E ratio is frequently misapplied to StandardAero because it fails to account for the significant non-cash charges and working capital volatility inherent in the long-term, percentage-of-completion accounting used for complex engine overhaul contracts.
Investors should prioritize FCF-based metrics or EV/EBITDA over P/E, as the latter is often distorted by accounting accruals that do not reflect the actual cash-generating capacity of the business. Relying on P/E may lead to an inaccurate assessment of the company's true earning power, especially given the lumpy nature of major maintenance events and the associated inventory requirements.
Includes 30+ ratios · 4 years · Updated daily
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Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying SARO stock.
StandardAero, Inc.'s current P/E ratio is 33.9x. The historical average is 34.6x.
StandardAero, Inc.'s current EV/EBITDA is 15.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 15.9x.
StandardAero, Inc.'s return on equity (ROE) is 11.0%. The historical average is 1.7%.
Based on historical data, StandardAero, Inc. is trading at a P/E of 33.9x. Compare with industry peers and growth rates for a complete picture.
StandardAero, Inc. has 14.8% gross margin and 9.1% operating margin.
StandardAero, Inc.'s Debt/EBITDA ratio is 3.3x, indicating high leverage. A ratio between 2-4x is manageable but warrants monitoring.