StandardAero (SARO)
Industrials · Aerospace engine aftermarket services and component repair
The world's largest independent aerospace engine aftermarket services provider, performing critical MRO and component repair across commercial, military, and business aviation.
What StandardAero does
StandardAero is the world's largest independent, pure-play provider of aerospace engine aftermarket services for fixed and rotary wing aircraft across commercial, military, and business aviation end markets. The company provides scheduled and unscheduled engine maintenance, repair and overhaul, engine component repair, on-wing and field service support, and asset management and engineering solutions. It also operates as one of the largest independent engine component repair platforms globally, serving commercial aerospace, military, land and marine, and oil and gas customers. StandardAero holds exclusive or semi-exclusive OEM authorizations with leading engine manufacturers including Rolls-Royce, Honeywell, Safran, and CFM International.
Themes: ["Aerospace engine aftermarket / MRO","Engine component repair","Aviation maintenance and support","OEM-authorized repair services","Commercial aviation","Military aviation","Business aviation"]
Fundamentals
- Price$28.06 as of 2026-07-09 close
- Market cap$9.3B as of 2026-07-10
- 1-year return-6.7% as of 2026-07-09 close
- P/E31.69 as of 2026-07-10
- Net margin+4.7% as of 2026-07-10
- Gross margin+14.6% as of 2026-07-10
- ROE+11.3% as of 2026-07-10
- Debt / equity0.82 as of 2026-07-10
- Revenue growth (YoY)+15.0% as of 2026-07-10
- Revenue CAGR (3y)+13.5% SEC XBRL
- Beta1.19 as of 2026-07-10
Key risks (from latest filing)
["Heavy reliance on a small number of customers; top four OEM customers accounted for approximately 36% of 2025 revenue, creating concentration risk","Substantial indebtedness ($2.25 billion in Senior Secured Credit Facilities) could limit financial flexibility and ability to invest in growth, with macroeconomic factors and interest rate increases affecting credit availability","Cybersecurity and data protection risks related to IT systems and handling of confidential information for customers and business partners could result in financial penalties, legal liability, and reputational damage"]
Competitors & peers
- GE Aviation
- Rolls-Royce
- Honeywell Aerospace
- Safran
- Pratt & Whitney
- Collins Aerospace
- AAR (AAR)
- Heico Corporation (HEI)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.