SARO
StandardAero, Inc.
SARO's fundamentals are mixed: earnings per share grew more than tenfold, while it turned 5% of its revenue into free cash flow. At 26x earnings, it's trading below its usual 30x. Analysts expect strong earnings growth.
SARO Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Stable | |
| Stable |
SARO's profitability is currently healthy, and its revenue, cash flow and balance sheet are stable.
SARO PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 16x | $27.56 | — |
| Cheap | 25x | $25.85 | -6.2% |
| Current | 26x | $27.56 | — |
| Fair | 30x | $31.90 | +16% |
| Expensive | 33x | $35.00 | +27% |
Historical ranges are pointers, not guarantees.
SARO's PE is in its cheap range at 26x. If earnings grow as analysts expect, today's price would be 16x next year's earnings.
SARO Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for SARO, with profitability improving.
SARO Earnings Per Share
SARO's earnings per share have climbed steadily: $1.05 over the past year, more than ten times what it earned the year before, and higher year over year every quarter since late 2025.
SARO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.6B | +4% |
| Q2 2026 | $1.6B | +4.6% |
| Q1 2026 | $1.6B | +13% |
| Q4 2025 | $1.6B | +14% |
| Q3 2025 | $1.5B | +20% |
| Q2 2025 | $1.5B | +13% |
| Q1 2025 | $1.4B | +16% |
| Q4 2024 | $1.4B | +22% |
SARO's revenue has grown year over year every quarter since early 2024: $1.6B last quarter, up 4% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 10% | +1.2 points |
| Q2 2026 | 11% | +1.7 points |
| Q1 2026 | 8.8% | -0.2 points |
| Q4 2025 | 9.3% | +2.6 points |
| Q3 2025 | 9.2% | +1.3 points |
| Q2 2025 | 8.9% | +1.1 points |
| Q1 2025 | 9% | +0.4 points |
| Q4 2024 | 6.7% | -0.2 points |
SARO's operating margin was 10% last quarter, up 1.2 points from the same quarter a year ago.
SARO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $98.2M | +$102.9M |
| Q2 2026 | $51.3M | +$70.3M |
| Q1 2026 | -$135.1M | -$85.8M |
| Q2 2025 | -$19M | -149% |
| Q1 2025 | -$49.3M | +$52.8M |
| Q2 2024 | $38.6M | +$149M |
| Q1 2024 | -$102.1M | +$8.3M |
SARO's free cash flow has turned positive after two years mostly in the red: $322M over the past year.
SARO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.4% | -1.3M shares |
| 1 year | -1% | -3.4M shares |
| 3 years | -1% | -3.4M shares |
SARO has 331M diluted shares, down 1% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $50M |
| Q2 2026 | $40M |
| Q1 2026 | $60.1M |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
SARO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.8x | Moderate |
| Q2 2026 | 2.7x | Moderate |
| Q1 2026 | 2.8x | Moderate |
| Q4 2025 | 2.6x | Moderate |
| Q3 2025 | 3.2x | Elevated |
| Q2 2025 | 3.4x | Elevated |
| Q1 2025 | 3.6x | Elevated |
| Q4 2024 | 3.7x | Elevated |
SARO's net debt is about 2.8 years of its operating earnings (EBITDA), down from 3.2 years a year ago.
SARO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 57.0 | Neutral |
| Stochastic | 58.4 | Neutral |
SARO's weekly RSI is 57 (neutral) and its Stochastic is 58 (neutral).
SARO PE vs Industrials Sector
| Metric | SARO | Sector median | Relative |
|---|---|---|---|
| PE | 26x | 24x | 9.2% above |
| PE % | 27 | 31 | 4 pts below |
SARO is trading at 26x earnings, in line with the Industrials sector's median of 24x.
SARO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $23.2 | 19% above |
| 20 week MA | $25.3 | 8.8% above |
| 50 week MA | $27.0 | 2.1% above |
| 100 week MA | $27.1 | 1.5% above |
SARO is in an uptrend: it's above all four of its weekly moving averages, and 1.5% above its 100-week average.
SARO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2024 | $32.5 | $25.6 | -21% |
| 2025 | $25.6 | $29.2 | +14% |
| 2026 YTD | $29.2 | $27.6 | -5.5% |
SARO has finished lower in one of the last two years. It's down 5.5% so far in 2026.