StandardAero, Inc. (SARO)

StandardAero Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	4,840	4,563	4,150	3,480
Revenue Growth (YoY)	39.09%	9.95%	19.27%	-
Cost of Revenue	4,165	3,928	3,605	3,063
Gross Profit	675.45	635.32	545.7	416.48
Selling, General & Admin	216.41	202.77	188.1	156.38
Operating Expenses	310.22	296.45	281.78	250.38
Operating Income	365.23	338.87	263.91	166.1
Interest Expense	-313.92	-309.65	-242.99	-205.26
Other Non Operating Income (Expenses)	-	3.51	2.35	2.84
EBT Excluding Unusual Items	51.31	32.74	23.28	-36.33
Merger & Restructuring Charges	-0.01	-1.51	-1.28	-8.43
Other Unusual Items	-34.62	-26.1	-	-
Pretax Income	16.68	5.12	22	-44.76
Income Tax Expense	30.58	40.18	43	-13.77
Earnings From Continuing Operations	-13.9	-35.06	-21	-30.99
Minority Interest in Earnings	-	-	-	0.28
Net Income	-13.9	-35.06	-21	-30.71
Net Income to Common	-13.9	-35.06	-21	-30.71
Shares Outstanding (Basic)	3	3	3	3
Shares Outstanding (Diluted)	3	3	3	3
EPS (Basic)	-5.09	-12.84	-7.69	-11.25
EPS (Diluted)	-5.09	-12.84	-7.69	-11.25
Free Cash Flow	170.32	12.76	-13.98	94.18
Free Cash Flow Per Share	62.38	4.68	-5.12	34.50
Gross Margin	13.96%	13.92%	13.15%	11.97%
Operating Margin	7.55%	7.43%	6.36%	4.77%
Profit Margin	-0.29%	-0.77%	-0.51%	-0.88%
Free Cash Flow Margin	3.52%	0.28%	-0.34%	2.71%
EBITDA	556.71	535.98	459.14	362.46
EBITDA Margin	11.50%	11.75%	11.06%	10.42%
D&A For EBITDA	191.49	197.1	195.22	196.36
EBIT	365.23	338.87	263.91	166.1
EBIT Margin	7.55%	7.43%	6.36%	4.77%
Effective Tax Rate	183.33%	784.92%	195.47%	-

Source: S&P Capital IQ. Standard template. Financial Sources.