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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	4,985	4,563	4,150	3,480
Revenue Growth (YoY)	20.11%	9.95%	19.27%	-
Cost of Revenue	4,275	3,928	3,605	3,063
Gross Profit	710.28	635.32	545.7	416.48
Selling, General & Admin	226.29	202.77	188.1	156.38
Operating Expenses	320.45	296.45	281.78	250.38
Operating Income	389.83	338.87	263.91	166.1
Interest Expense	-314.63	-309.65	-242.99	-205.26
Other Non Operating Income (Expenses)	-	3.51	2.35	2.84
EBT Excluding Unusual Items	75.2	32.74	23.28	-36.33
Merger & Restructuring Charges	-1.32	-1.51	-1.28	-8.43
Other Unusual Items	-10.02	-26.1	-	-
Pretax Income	63.86	5.12	22	-44.76
Income Tax Expense	43.39	40.18	43	-13.77
Earnings From Continuing Operations	20.47	-35.06	-21	-30.99
Minority Interest in Earnings	-	-	-	0.28
Net Income	20.47	-35.06	-21	-30.71
Net Income to Common	20.47	-35.06	-21	-30.71
Shares Outstanding (Basic)	281	281	281	281
Shares Outstanding (Diluted)	281	281	281	281
EPS (Basic)	0.07	-0.12	-0.07	-0.11
EPS (Diluted)	0.07	-0.12	-0.07	-0.11
Free Cash Flow	41.55	12.76	-13.98	94.18
Free Cash Flow Per Share	0.15	0.05	-0.05	0.33
Gross Margin	14.25%	13.92%	13.15%	11.97%
Operating Margin	7.82%	7.43%	6.36%	4.77%
Profit Margin	0.41%	-0.77%	-0.51%	-0.88%
Free Cash Flow Margin	0.83%	0.28%	-0.34%	2.71%
EBITDA	579.15	535.98	459.14	362.46
EBITDA Margin	11.62%	11.75%	11.06%	10.42%
D&A For EBITDA	189.32	197.1	195.22	196.36
EBIT	389.83	338.87	263.91	166.1
EBIT Margin	7.82%	7.43%	6.36%	4.77%
Effective Tax Rate	67.95%	784.92%	195.47%	-

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