StandardAero, Inc.SARO
NYSE•Industrials•Aerospace & Defense
StandardAero, Inc. provides aerospace engine aftermarket services for fixed and rotary wing aircraft in the United States, Canada, the United Kingdom, Rest of Europe, Asia, and internationally. It operates in two segments, Engine Services and Component Repair Services. The Engine Services segment provides a suite of aftermarket services, including maintenance, repair and overhaul, on-wing and field service support, asset management, and engineering and related solutions to customers in the commercial aerospace, military and helicopter, and business aviation end markets. The Component Repair Services segment offers engine component and accessory repairs to the commercial aerospace, military and helicopter, land and marine, and oil and gas end markets. StandardAero, Inc. was formerly known as Dynasty Parent Co., Inc. and changed its name to StandardAero, Inc. in September 2024. The company was founded in 1911 and is headquartered in Scottsdale, Arizona.
StandardAero, Inc. (SARO) reported trailing twelve months revenue of $6.25B as of March 2026, a Infinity% increase year-over-year. Quarterly revenue reached $1.63B, reflecting continued top-line momentum.
StandardAero, Inc. generated $294.40M in TTM net income, with quarterly EBITDA of $189.56M. The operating margin contracted from 9.0% to 8.8%, suggesting rising cost pressures or pricing headwinds.
The spread between operating margin (8.8%) and net margin (4.9%) indicates tight cost control with minimal non-operating drag. Net margin has improved from 4.4% a year ago, signaling stronger bottom-line efficiency.
SARO trades at a P/E of 28.0x (in line with broad market averages) and a P/S of 1.3x. The price-to-book ratio of 3.1x reflects a moderate premium to book value.
The company reported negative free cash flow of $-135.15M, indicating cash consumption over the period. The balance sheet shows $6.70B in total assets with $2.19B in long-term debt against $2.69B in stockholders equity for a debt-to-equity ratio of 0.8. Data based on the most recent quarterly reports.
Competitive analysis based on 7 quarters of fundamental data
Operating margins are positive at ~8.7% on average, but show some variability — pricing power may be sensitive to market conditions.
ROE is positive at ~8.6% on average, adequate but below the threshold typically associated with wide moats.
Only 2 of the last 7 quarters had positive FCF — the business may require external capital to sustain operations.
Revenue has been flat or declining over recent quarters, which may indicate eroding demand or competitive pressure.
Data-driven red flags and warnings across 7 quarters
Margins are stable or improving at ~9.0% — no sign of cost or pricing stress.
Free cash flow has been negative in 5 of the last 7 quarters — earnings are not translating to cash.
D/E ratio is 0.8 — conservative capital structure with low financial risk.
Revenue is stable or growing over recent quarters — demand appears durable.
5 of the last 7 quarters had negative FCF — inconsistent cash generation raises sustainability concerns.
Shares decreased 99.9% — net buybacks are reducing shares outstanding and boosting per-share value.
Quarterly standardized metrics.
Stock price and market valuation
Revenue and earnings growth across quarters
Assets, cash, debt, and leverage
Price multiples and return ratios
Operating efficiency and return metrics
Free cash flow, earnings quality, and capital allocation