20 years of historical data (2005–2024) · Industrials · Aerospace & Defense
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Spirit AeroSystems Holdings, Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $4.6B | $4.0B | $3.4B | $3.1B | $4.5B | $4.1B | $7.6B | $7.9B | $10.3B | $7.4B | $7.0B |
| Enterprise Value | $9.5B | $8.8B | $6.9B | $6.4B | $6.9B | $6.1B | $8.4B | $9.0B | $11.0B | $7.8B | $7.2B |
| P/E Ratio → | -2.16 | — | — | — | — | — | 14.40 | 12.74 | 28.99 | 15.77 | 8.85 |
| P/S Ratio | 0.73 | 0.63 | 0.56 | 0.62 | 1.14 | 1.19 | 0.97 | 1.09 | 1.47 | 1.09 | 1.05 |
| P/B Ratio | — | — | — | — | 10.00 | 4.74 | 4.33 | 6.35 | 5.71 | 3.84 | 3.29 |
| P/FCF | — | — | — | — | — | — | 11.05 | 15.77 | 34.22 | 16.01 | 7.51 |
| P/OCF | — | — | — | — | — | — | 8.27 | 10.22 | 17.93 | 10.34 | 5.41 |
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 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.40 | 1.14 | 1.27 | 1.74 | 1.80 | 1.06 | 1.24 | 1.58 | 1.15 | 1.08 |
| EV / EBITDA | — | — | 38.15 | 114.49 | — | — | 8.00 | 8.27 | 10.00 | 7.27 | 6.79 |
| EV / EBIT | — | — | — | — | — | — | 11.08 | 10.75 | 19.11 | 10.87 | 8.31 |
| EV / FCF | — | — | — | — | — | — | 12.11 | 18.02 | 36.64 | 16.85 | 7.70 |
Margins and return-on-capital ratios measuring operating efficiency
Spirit AeroSystems Holdings, Inc. earns an operating margin of -28.3%, below the Industrials sector average of 4.3%. Operating margins have compressed from -5.6% to -28.3% over the past 3 years, signaling potential cost pressures or competitive headwinds.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | -21.7% | -21.7% | 3.4% | 1.0% | -3.0% | -12.0% | 13.7% | 15.1% | 16.1% | 16.4% | 16.9% |
| Operating Margin | -28.3% | -28.3% | -2.2% | -5.6% | -11.6% | -19.1% | 10.1% | 11.8% | 12.7% | 12.7% | 13.1% |
| Net Profit Margin | -33.9% | -33.9% | -10.2% | -10.8% | -13.7% | -25.6% | 6.7% | 8.5% | 5.1% | 6.9% | 11.9% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | — | — | -532.4% | -82.8% | -66.5% | 35.3% | 40.6% | 19.0% | 23.2% | 42.1% |
| ROA | -31.2% | -31.2% | -9.1% | -7.6% | -6.7% | -10.9% | 8.0% | 11.3% | 6.6% | 8.4% | 14.4% |
| ROIC | -50.9% | -50.9% | -3.3% | -7.1% | -11.9% | -18.0% | 24.5% | 26.2% | 27.5% | 28.1% | 27.8% |
| ROCE | -44.9% | -44.9% | -2.8% | -5.3% | -7.3% | -10.4% | 16.0% | 22.2% | 23.6% | 21.1% | 21.2% |
Solvency and debt-coverage ratios — lower is generally safer
Net debt stands at $4.8B ($5.4B total debt minus $537M cash).
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | — | 8.64 | 4.60 | 1.75 | 1.53 | 0.64 | 0.56 | 0.53 |
| Debt / EBITDA | — | — | 24.02 | 70.88 | — | — | 2.95 | 1.74 | 1.04 | 1.01 | 1.08 |
| Net Debt / Equity | — | — | — | — | 5.35 | 2.42 | 0.42 | 0.91 | 0.40 | 0.20 | 0.08 |
| Net Debt / EBITDA | — | — | 19.48 | 59.10 | — | — | 0.70 | 1.03 | 0.66 | 0.36 | 0.17 |
| Debt / FCF | — | — | — | — | — | — | 1.06 | 2.25 | 2.42 | 0.84 | 0.19 |
| Interest Coverage | -5.05 | -5.05 | -0.42 | -1.15 | -1.89 | -3.34 | 8.63 | 10.69 | 21.28 | 15.07 | 16.57 |
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.05x means Spirit AeroSystems Holdings, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The quick ratio of 0.52x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has declined from 1.62x to 1.05x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.05 | 1.05 | 1.71 | 1.62 | 2.03 | 2.62 | 2.64 | 1.76 | 1.64 | 1.88 | 2.26 |
| Quick Ratio | 0.52 | 0.52 | 0.90 | 0.86 | 1.29 | 1.79 | 2.00 | 1.13 | 0.74 | 0.90 | 1.05 |
| Cash Ratio | 0.15 | 0.15 | 0.37 | 0.34 | 0.79 | 1.10 | 1.34 | 0.48 | 0.26 | 0.45 | 0.66 |
| Asset Turnover | — | 0.93 | 0.87 | 0.75 | 0.51 | 0.41 | 1.03 | 1.27 | 1.33 | 1.26 | 1.15 |
| Inventory Turnover | 4.06 | 4.06 | 3.31 | 3.39 | 2.94 | 2.68 | 6.07 | 6.05 | 4.04 | 3.75 | 3.11 |
| Days Sales Outstanding | — | 68.17 | 67.21 | 72.16 | 84.84 | 125.22 | 53.33 | 30.28 | 37.75 | 35.49 | 29.50 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Spirit AeroSystems Holdings, Inc. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | 0.1% | 0.1% | 0.4% | 0.7% | 0.6% | 0.5% | — | — |
| Payout Ratio | — | — | — | — | — | — | 9.5% | 7.8% | 13.3% | — | — |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | 6.9% | 7.9% | 3.4% | 6.3% | 11.3% |
| FCF Yield | — | — | — | — | — | — | 9.0% | 6.3% | 2.9% | 6.2% | 13.3% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 1.0% | 10.2% | 4.8% | 8.8% | 4.3% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.1% | 0.1% | 0.4% | 1.7% | 10.9% | 5.3% | 8.8% | 4.3% |
| Shares Outstanding | — | $117M | $107M | $105M | $104M | $104M | $105M | $109M | $118M | $127M | $139M |
Compare SPR with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| $5B | -2.2 | — | — | -21.7% | -28.3% | — | -50.9% | — | |
| $75B | 41.4 | 22.6 | 41.3 | 60.1% | 47.2% | — | 20.9% | 6.6 | |
| $7B | 71.3 | 28.2 | 24.0 | 23.0% | 9.1% | 7.9% | 6.0% | 3.4 | |
| $28B | 60.0 | 46.1 | 51.5 | 37.2% | 18.2% | 19.4% | 14.1% | 2.1 | |
| $10B | 417.0 | 112.5 | — | 22.1% | 2.1% | 1.3% | 1.4% | 2.1 | |
| $12B | 44.7 | 27.5 | 54.2 | 23.2% | 9.5% | 10.5% | 10.5% | 1.1 | |
| $374B | 43.8 | 38.2 | 51.4 | 36.8% | 19.1% | 45.3% | 24.7% | 2.1 | |
| $250B | 37.4 | 21.9 | 31.5 | 20.1% | 10.0% | 10.4% | 6.7% | 3.1 | |
| $11B | 18.5 | 14.5 | 14.2 | 12.7% | 4.9% | 12.4% | 6.2% | 3.4 | |
| $16B | 17.5 | 10.8 | 17.6 | 16.9% | 8.4% | 12.2% | 9.4% | 2.6 | |
| $26B | 59.8 | 41.7 | 75.3 | 26.8% | 14.3% | 18.6% | 13.3% | 1.2 | |
| Industrials Median | — | 25.6 | 13.8 | 20.0 | 32.0% | 4.3% | 8.2% | 6.1% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Includes 30+ ratios · 20 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying SPR stock.
Spirit AeroSystems Holdings, Inc.'s current P/E ratio is -2.2x. The historical average is 19.4x.
Based on historical data, Spirit AeroSystems Holdings, Inc. is trading at a P/E of -2.2x. Compare with industry peers and growth rates for a complete picture.
Spirit AeroSystems Holdings, Inc. has -21.7% gross margin and -28.3% operating margin.