StandardAero, Inc. ( (SARO) ) has released its Q4 earnings. Here is a breakdown of the information StandardAero, Inc. presented to its investors.
StandardAero, Inc., a leading independent provider of aerospace engine aftermarket services, operates in the commercial, military, and business aviation sectors, offering a comprehensive suite of maintenance, repair, and overhaul solutions.
In its latest earnings report, StandardAero announced a milestone year with record performance for the fourth quarter and full year 2024, highlighting a significant revenue increase and a strategic focus on continued growth. The company reported a 21.8% year-over-year revenue increase in the fourth quarter, reaching $1,409.6 million, although it faced a net loss of $14.1 million due to one-off transaction-related costs and investments.
Key financial metrics showed a robust performance with adjusted EBITDA increasing by 37.2% year-over-year to $186.2 million, and an adjusted EBITDA margin improvement to 13.2%. The company completed a $1.7 billion IPO, using $1.2 billion of the proceeds to pay down debt, significantly de-leveraging its business and refinancing its capital structure to achieve over $130 million in annual interest savings.
Looking ahead, StandardAero’s management remains optimistic about 2025, projecting continued double-digit growth in its core segments. The company plans to leverage its improved balance sheet to invest in new programs and pursue strategic acquisitions, positioning itself for further revenue growth and profitability.
StandardAero’s strategic initiatives and strong market demand suggest a positive outlook for 2025, as the company aims to capitalize on its leadership position in the aerospace engine aftermarket and deliver value to its stakeholders.