SARO · NYSE · Aerospace & Defense

StandardAero (SARO)

Maintains aircraft engines and repairs components across commercial, military and business aviation.

$22.79
vs last close−0.09 (−0.42%)
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StandardAero, Inc.SARO
Industrials

Maintains and overhauls aircraft engines, repairs components and accessories, and supports operators through field service, engineering and asset management. Engine Services and Component Repair Services span commercial, military and helicopter, and business aviation, with access shaped by OEM authorizations and long-lived installed fleets.

Provides scheduled and unscheduled engine maintenance, repair and overhaul through Engine Services, alongside component and accessory repair and selected new-part manufacturing through Component Repair Services. Commercial, military and helicopter, and business aviation customers span a multinational facility network.

Connects aircraft operators with engine programs through OEM authorizations, licenses, technical specifications and support for long-lived installed fleets. Shop visits, field service, engineering and asset management make the operating model broader than depot repair alone.

Execution depends on skilled technical labor, supply availability, regulatory approvals and safe delivery. Government work adds procurement, export-control and program-compliance requirements, while acquisition integration remains recurring because purchased businesses assembled much of the service footprint. Revenue also depends on a limited customer group.

Company facts

CEORussell Ford
ListedOct 2, 2024
ExchangeNYSE
HeadquartersScottsdale, AZ
CountryUnited States
Employees8,000
CIK0002025410
ISINUS85423L1035

Market cap$7.61B
EPS (ttm)$0.9700
P/E (ttm)23.59
ROE12.1%
P/B2.76
P/S1.20
Dividend yieldDiv yield
Beta1.33vs XLI 1.20

Price target$36.00+57.3%Average of 8 analysts
ConsensusBuy5 of 8 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 14, 2026GuggenheimInitiate
Rating:
Rating: Neutral
Aug 10, 2026Morgan StanleyTarget
Target: $31
Target: $33
Aug 7, 2026UBSReiterate
Rating: Target: $34
Rating: BuyTarget: $36
Jul 15, 2026Morgan StanleyTarget
Target: $34
Target: $31
Jun 2, 2026JefferiesDowngrade
Rating: BuyTarget:
Rating: HoldTarget: $30

Next report
Nov 9, 26
in 48 days
EPS estimate
$0.39
Revenue estimate
$1.57B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$0.12$0.19$0.20$0.20$0.24$0.24$0.40Pending
Estimate$0.16$0.17$0.21$0.20$0.24$0.26$0.32$0.39
Surprise−25.0%+11.8%−4.8%−0.5%−1.7%−6.7%+25.9%

RevenueReportedEstimate

Mar '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$1.41B$1.44B$1.53B$1.50B$1.60B$1.63B$1.60BPending
Estimate$1.33B$1.50B$1.41B$1.42B$1.58B$1.49B$1.59B$1.57B
Surprise+6.4%−4.3%+8.1%+5.3%+1.0%+9.2%+0.5%
Estimate$0.39
ReportedDue Nov 9, 2026
Estimate$1.57B
ReportedDue Nov 9, 2026
View details

Debt to equity93.10%
Current ratio213.50%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$1.24B$1.41B$1.44B$1.53B$1.50B$1.60B$1.63B$1.60B
Net income$16.4M−$14.1M$62.9M$67.7M$68.1M$78.6M$79.9M$97.3M
Net margin1.3%0.0%4.4%4.4%4.5%4.9%4.9%6.1%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$98.0M$94.6M$128.9M$135.6M$137.3M$149.2M$148.5M$168.5M
YoY growth+31.2%+18.4%+22.2%+29.0%+40.1%+57.8%+15.2%+24.3%

Balance sheet, Jun 30, 2026Cash & short-term investments $179.1M · Total debt $2.56B · Total assets $6.85B · Shareholders' equity $2.75B

Revenue
$1.60B
Operating income
$168.5M
Net income
$97.3M
View details

No dividends on record.

Institutions≈ 107.25%356.59M shares
370 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail
Insiders0.24%791.0K shares
15 holders · as of Aug 12, 2026
Strategic holders5.74%19.09M shares
1 holder · as of May 7, 2026
Adds to113.23%

332.47M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.

These groups come from separate filings that can overlap, so they add to 113.23%; nothing is left for Other.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Carlyle Group Inc.Institution
25.44%84.59Mas of Jun 30, 2026
Price T Rowe Associates Inc /MD/Institution
13.63%45.32Mas of Jun 30, 2026
BlackRock, Inc.Institution
6.50%21.60Mas of Jun 30, 2026
GIC Private Ltd1Strategic10 percent owner
5.74%19.09Mfiled May 7, 2026
Allspring Global Investments Holdings, LLCInstitution
4.58%15.23Mas of Jun 30, 2026
  1. GIC Private Ltd's own ownership statement (13G, May 7, 2026) reports fewer shares than the transaction reports; the statement is used.

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 10, 2026Russell Wayne Forddirector, officer: Chief Executive Officer−41$30.00
Aug 7, 2026Russell Wayne Forddirector, officer: Chief Executive Officer−20,413$30.56
Aug 6, 2026Russell Wayne Forddirector, officer: Chief Executive Officer−40,000$31.42
Aug 5, 2026Russell Wayne Forddirector, officer: Chief Executive Officer−40,000$30.89
Aug 4, 2026Russell Wayne Forddirector, officer: Chief Executive Officer−40,000$30.24
View details

  • GE Aerospace

    OEM-backed overhaul rival on CF34, CFM56 and LEAP fleets

  • RTX

    OEM aftermarket rival across Pratt & Whitney engine families

Compare

CompanyPriceChange
StandardAero$22.79−0.42%$7.61B23.613.71.2+4.6%
GE Aerospace$319.50+0.15%$330.99B37.737.96.5+14.6%
RTX$191.47−1.48%$261.92B34.226.02.8+14.5%
Median35.932.04.7+14.6%