SARO financial statements
The full income statement, balance sheet, and cash-flow statement for StandardAero Inc. (SARO), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | |
| Revenue | 6.06B+15.8% | 5.24B+14.8% | 4.56B+9.9% | 4.15B | |
| Cost of revenue | 5.17B+15.2% | 4.48B+14.1% | 3.93B+9.0% | 3.60B | |
| Selling, general & administrative | 248M-2.5% | 254M+25.3% | 203M+7.8% | 188M | |
| Amortization of intangibles | 98.7M+3.4% | 95.5M+1.9% | 93.7M+0.0% | 93.7M | |
| Provision for credit losses | -380K+77.3% | -1.67M+47.8% | -3.20M+19.8% | -3.99M | |
| Operating income | 551M+36.7% | 403M+19.5% | 337M+28.5% | 263M | |
| Interest expense | 174M-38.3% | 283M-8.8% | 310M+27.4% | 243M | |
| Pre-tax income | 377M+360.9% | 81.8M+1497.1% | 5.12M-76.7% | 22.0M | |
| Income tax | 99.4M+40.5% | 70.8M+76.2% | 40.2M-6.5% | 43.0M | |
| Net income | 277M+2427.9% | 11.0M+131.3% | -35.1M-67.0% | -21.0M | |
| $0.83+1975.0% | $0.04+130.8% | -$0.13-62.5% | -$0.08 | ||
| EPS (basic) | $0.84+2000.0% | $0.04+130.8% | -$0.13-62.5% | -$0.08 | |
| Weighted-avg shares (basic) | 328M+13.9% | 288M+4.8% | 275M+0.0% | 275M | |
| Weighted-avg shares (diluted) | 334M+15.4% | 290M+5.3% | 275M+0.0% | 275M | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | |
| 2.90B+16.6% | 2.49B+16.4% | 2.14B | — | ||
| Cash & equivalents | 290M+182.4% | 103M+76.9% | 58.0M-51.7% | 120M | |
| Accounts receivable | 654M+12.7% | 581M+12.0% | 518M | — | |
| Inventory | 828M-2.3% | 847M+21.2% | 699M | — | |
| 6.56B+5.5% | 6.21B+7.9% | 5.76B | — | ||
| Property, plant & equipment | 580M+2.0% | 569M+8.9% | 522M | — | |
| Operating lease right-of-use | 222M+29.0% | 172M+2.2% | 169M | — | |
| Goodwill | 1.68B-0.1% | 1.69B+3.3% | 1.63B+1.4% | 1.61B | |
| Intangible assets | 1.17B-10.1% | 1.30B+0.0% | 1.30B | — | |
| Deferred tax assets | 2.83M+162.5% | 1.08M-77.2% | 4.73M | — | |
| 1.32B+3.4% | 1.27B+19.1% | 1.07B | — | ||
| Accounts payable | 680M+5.3% | 646M+37.8% | 469M | — | |
| Deferred revenue | 411M+2.8% | 400M+12.5% | 356M | — | |
| Short-term & current debt | 23.4M-0.0% | 23.4M-12.1% | 26.7M | — | |
| Current lease liability | 22.3M+26.3% | 17.7M+3.7% | 17.0M | — | |
| Finance lease liability (current) | 777K-6.9% | 835K-0.2% | 837K | — | |
| 3.89B+1.3% | 3.84B-16.7% | 4.61B | — | ||
| Long-term debt | 2.19B-0.8% | 2.21B-30.4% | 3.17B | — | |
| Non-current lease liability | 212M+29.3% | 164M+3.0% | 159M | — | |
| Operating lease liability (total) | 235M+29.0% | 182M | — | — | |
| Finance lease liability | 17.7M+1.2% | 17.5M-9.7% | 19.4M | — | |
| Deferred tax liabilities | 157M-7.4% | 170M | — | — | |
| Other non-current liabilities | 7.26M-70.5% | 24.6M-6.1% | 26.2M | — | |
| 2.67B+12.4% | 2.37B+107.0% | 1.15B-4.4% | 1.20B | ||
| Common stock | 3.35M+0.0% | 3.35M+19.0% | 2.81M | — | |
| Additional paid-in capital | 3.96B+0.3% | 3.94B+44.8% | 2.73B | — | |
| Retained earnings | -1.29B+17.7% | -1.56B+0.7% | -1.57B | — | |
| Accumulated other comprehensive income | -8.17M+28.5% | -11.4M-64.1% | -6.96M | — | |
| Total liabilities & equity | 6.56B+5.5% | 6.21B+7.9% | 5.76B | — | |
| Common shares issued | 334M+0.0% | 334M+18.9% | 281M | — | |
| Common shares outstanding | 334M-0.1% | 334M+18.9% | 281M | — | |
| Shares outstanding (cover) | 333M-0.5% | 334M | — | — | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | |
| 317M+314.9% | 76.3M+12.4% | 67.9M+149.0% | 27.3M | ||
| Depreciation & amortization | 194M+3.5% | 187M-5.1% | 197M+1.0% | 195M | |
| Intangible amortization | 98.7M+3.4% | 95.5M+1.9% | 93.7M+0.0% | 93.7M | |
| Share-based compensation | 13.2M-23.8% | 17.4M | — | — | |
| Deferred income taxes | -15.8M+29.9% | -22.5M-13.4% | -19.8M+25.2% | -26.5M | |
| Change in receivables | 73.7M+26.5% | 58.3M+411.4% | -18.7M-118.4% | 102M | |
| Change in inventory | -19.3M-114.0% | 138M+51.2% | 91.2M+72.0% | 53.1M | |
| -106M+54.8% | -235M-108.6% | -113M-85.8% | -60.8M | ||
| Capital expenditure | 82.4M-19.9% | 103M+86.7% | 55.1M+33.7% | 41.2M | |
| Free cash flow | 234M+980.7% | -26.6M-308.4% | 12.8M+191.3% | -14.0M | |
| Acquisitions | 0.00-100.0% | 114M+267.3% | 31.1M+56.0% | 19.9M | |
| -25.5M-112.5% | 204M+1487.3% | -14.7M+43.0% | -25.8M | ||
| Long-term debt issued | 715M-78.0% | 3.25B+119.5% | 1.48B+920.4% | 145M | |
| Long-term debt repaid | 738M-82.6% | 4.24B+184.6% | 1.49B+779.1% | 169M | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | |
| FX effect on cash | 2.34M+5807.3% | -41.0K+98.3% | -2.43M+36.7% | -3.85M | |
| Net change in cash | 187M+319.6% | 44.6M+171.8% | -62.1M+1.6% | -63.1M | |
| Interest paid | 167M-42.7% | 291M-2.1% | 297M+30.3% | 228M | |
| Income taxes paid | 102M+0.8% | 102M+2.2% | 99.5M+145.5% | 40.5M | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | |
| Market cap | 9.54B+15.2% | 8.28B | — | — | |
| P/E | 34.4×-95.4% | 754.6× | — | — | |
| P/S | 1.6×-0.5% | 1.6× | — | — | |
| P/B | 3.6×+2.5% | 3.5× | — | — | |
| P/FCF | 40.7× | — | — | — | |
| Earnings yield | 2.9%+2094.3% | 0.13% | — | — | |
| FCF yield | 2.5% | — | — | — | |
| Source filing | 10-K | 10-K | 10-K | 10-K |
About this data
Source: SARO’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all SARO filings on SEC EDGAR → Not investment advice.