SAROStandardAero, Inc.
Is the business good?
The checks split: 8 of 9 health tests passed, but thin cash backing (0.6×).
High fundamental quality. Nine pass/fail tests of year-over-year health from the filings.
Operating profit outpaces operating cash flow, watch accruals and working capital. Conversion is improving vs a year ago.
Positive operating leverage, operating profit is growing faster than sales, so margins widen as the business scales.
A balanced mix of margins, efficiency, and leverage. ROE 10% = margin × turnover × leverage.
Unless marked, from derived.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is SARO?
StandardAero, Inc. earns 9.6% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
Return on invested capital · cost of capital 9.0% · 0.64 points above what the capital costs: growth creates value
- Operating margin
- 9.5%
Operating margin · Aerospace & Defense median 9.6% · 12 months to Q2 2026
- Cash conversion
- 0.65×
Cash conversion · 0.26× a year ago · the operating profit has not turned into cash yet
- Share count, year on year
- −0.60%
Share count, year on year · flat: no meaningful dilution
| Year | Operating margin |
|---|---|
| FY2022 | 6.3% |
| FY2023 | 7.4% |
| FY2024 | 7.7% |
| FY2025 | 9.1% |
Details›
- Gross margin12 months to Q2 2026
- 15%
- Operating margin12 months to Q2 2026
- 9.5%
- Net margin12 months to Q2 2026
- 5.1%
- Free cash flow margin
- 3.5%
- Revenue, trailing twelve months
- $6.32B
- Free cash flow, trailing twelve months
- $219M
- Net income, trailing twelve months
- $324M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 9.6%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.
Aerospace & Defense
Ranks #1 of 36 by RyuScore