What is Spirit Aerosystems Holdings, Inc.'s earnings per share (EPS)?

Spirit Aerosystems Holdings, Inc. (SPR) reported diluted earnings per share of -$18.32 for fiscal year 2024. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Spirit Aerosystems Holdings, Inc. (SPR) Financials

SPR

Trailing 12 months to October 2, 2025

Revenue $6.4B -1.3% YoY

Net Income $1.7B n/m YoY

EPS (Diluted) -$22.12 n/m YoY

Free Cash Flow $1.4B n/m YoY

Source SEC Filings (10-K/10-Q) Latest period Q4 FY2025, ended Oct 2, 2025 Reported Oct 31, 2025 Currency USD FYE December

Newest figures come from the 10-Q for Q4 FY2025, filed Oct 31, 2025. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the SPR SEC filings page.

Spirit Aerosystems Holdings, Inc. (SPR) reported $6.4B in revenue over the twelve months to Oct 2, 2025, down 1.3% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI SPR FY2024 2026-10-24

FY2024's reported profit came alongside a gross loss and heavier obligations, so accounting earnings obscure the operating business.

Revenue grew 4.4% in FY2024 while cost of revenue grew 31.6%, a mismatch that signals cost pressure rather than scale-driven improvement. Gross margin then moved from 3.4% in FY2023 to -21.7% in FY2024, showing deterioration concentrated in production economics rather than merely financing.

FY2024's net income of $2.1B contrasted with an operating loss of $1.8B, so reported profit was not produced by core operations. Operating cash flow of $1.1B still exceeded free cash flow of $968M after capital spending, meaning positive cash generation does not demonstrate that the underlying margin structure recovered.

Liabilities exceeded assets at 138.8%, while total equity was negative $2.6B, indicating obligations exceeded the recorded asset base. The current ratio fell from 1.7x in FY2023 to 1.1x in FY2024, pointing to a thinner short-term balance-sheet buffer alongside the deeper solvency imbalance.

Financial Health Signals

Financial Health Score 33/100

Scored against operating companies for FY2024. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Spirit Aerosystems Holdings, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Spirit Aerosystems Holdings, Inc. has an operating margin of -28.3%, meaning the company loses $28 on every $100 of revenue. This results in a profitability score of 21/100. This is down from -2.2% the prior year.

Growth

Spirit Aerosystems Holdings, Inc.'s revenue grew a modest 4.4% year-over-year to $6.3B. This slow but positive growth earns a score of 70/100.

Leverage

Liquidity

Spirit Aerosystems Holdings, Inc.'s current ratio of 1.05 is below the typical benchmark, resulting in a score of 22/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow

Spirit Aerosystems Holdings, Inc. has a free cash flow margin of 15.3%, earning a moderate score of 63/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

Altman Z-Score Distress

0.08

Spirit Aerosystems Holdings, Inc. scores 0.08, below the 1.81 distress threshold. The score is pulled down most by an operating loss of $1.8B against total assets of $6.8B. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Neutral

4/9

Spirit Aerosystems Holdings, Inc. passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 operating efficiency signals passes.

Earnings Quality Mixed

0.52x

For every $1 of reported earnings, Spirit Aerosystems Holdings, Inc. generates $0.52 in operating cash flow ($1.1B OCF vs $2.1B net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Interest Coverage At Risk

N/A

Spirit Aerosystems Holdings, Inc. reported an operating loss of $1.8B against $353.5M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

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Earnings & Revenue

Revenue

$1.6B

YoY-4.0%

QoQ-3.0%

5Y CAGR+14.5%

10Y CAGR-0.1%

Spirit Aerosystems Holdings, Inc. generated $1.6B in revenue in Q4 2025. This represents a decrease of 4.0% from the same quarter a year earlier. Against the prior quarter it is down 3.0%.

EBITDA

-$580.4M

YoYn/m

QoQn/m

5Y CAGRn/m

Spirit Aerosystems Holdings, Inc.'s EBITDA was -$580.4M in Q4 2025, measuring earnings before interest, taxes, depreciation, and amortization. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.

Net Income

-$724.3M

YoY-119.9%

QoQn/m

5Y CAGRn/m

Spirit Aerosystems Holdings, Inc. reported a net loss of $724.3M in Q4 2025. This represents a decrease of 119.9% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.

EPS (Diluted)

-$6.16

YoYn/m

QoQn/m

Spirit Aerosystems Holdings, Inc. earned -$6.16 per diluted share (EPS) in Q4 2025. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.

Cash & Balance Sheet

Free Cash Flow

-$229.7M

YoY-109.8%

QoQn/m

5Y CAGRn/m

Spirit Aerosystems Holdings, Inc. recorded an outflow of $229.7M in free cash flow in Q4 2025, representing a cash shortfall after capex. This represents a decrease of 109.8% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.

Cash & Debt

$299.0M

YoY-44.3%

QoQ-19.1%

5Y CAGR-27.0%

10Y CAGR-11.7%

Spirit Aerosystems Holdings, Inc. held $299.0M in cash against $3.6B in long-term debt as of Q4 2025.

Shares Outstanding

118M

YoY+0.2%

QoQ+0.1%

Spirit Aerosystems Holdings, Inc. had 118M shares outstanding in Q4 2025. This represents an increase of 0.2% from the same quarter a year earlier. Against the prior quarter it is up 0.1%.

Dividends Per Share

Not reported for Q4 2025.

Margins & Returns

Gross Margin

-39.1%

YoY-11.4pp

QoQ-24.9pp

5Y change-27.0pp

10Y change-54.9pp

Spirit Aerosystems Holdings, Inc.'s gross margin was -39.1% in Q4 2025, indicating the percentage of revenue retained after direct costs. This is down 11.4 percentage points from the same quarter a year earlier. Against the prior quarter it is down 24.9 percentage points.

Operating Margin

-40.8%

YoY-5.8pp

QoQ-11.4pp

5Y change-18.8pp

10Y change-52.8pp

Spirit Aerosystems Holdings, Inc.'s operating margin was -40.8% in Q4 2025, reflecting core business profitability. This is down 5.8 percentage points from the same quarter a year earlier. Against the prior quarter it is down 11.4 percentage points.

Net Margin

-45.7%

QoQ-7.1pp

5Y change-26.4pp

10Y change-65.4pp

Spirit Aerosystems Holdings, Inc.'s net profit margin was -45.7% in Q4 2025, showing the share of revenue converted to profit. Against the prior quarter it is down 7.1 percentage points. No change is given against Q4 2024: its reported ratio is above 100.0% of revenue, so it does not read as a share of revenue.

Return on Equity

Not reported for Q4 2025.

Capital Allocation

R&D Spending

$9.3M

YoY-29.0%

QoQ-23.8%

5Y CAGR+4.4%

Spirit Aerosystems Holdings, Inc. invested $9.3M in research and development in Q4 2025. This represents a decrease of 29.0% from the same quarter a year earlier. Against the prior quarter it is down 23.8%.

Capital Expenditures

$42.5M

YoY-7.0%

QoQ-8.4%

5Y CAGR+17.2%

10Y CAGR-15.0%

Spirit Aerosystems Holdings, Inc. invested $42.5M in capex in Q4 2025, funding long-term assets and infrastructure. This represents a decrease of 7.0% from the same quarter a year earlier. Against the prior quarter it is down 8.4%.

Share Buybacks

Not reported for Q4 2025.

SPR Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SPR quarterly income statement

Metric	TTM	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K
Revenue	$6.4B	$6.3B+4.4%	$6.0B+20.2%	$5.0B+27.2%	$4.0B+16.1%	$3.4B-56.7%	$7.9B+8.9%	$7.2B+3.4%	$7.0B+2.8%	$6.8B+2.2%	$6.6B-2.3%	$6.8B+14.1%	$6.0B+10.4%	$5.4B+11.0%	$4.9B	N/A
Cost of Revenue	$8.2B	$7.7B+31.6%	$5.8B+17.3%	$5.0B+22.4%	$4.1B+5.9%	$3.8B-43.3%	$6.8B+10.6%	$6.1B-1.0%	$6.2B+6.8%	$5.8B+4.8%	$5.5B-3.1%	$5.7B-5.8%	$6.1B+15.5%	$5.2B+21.6%	$4.3B	N/A
Gross Profit	-$1.8B	-$1.4B-765.6%	$206.2M+324.3%	$48.6Mn/m	-$117.8Mn/m	-$440.7M-140.9%	$1.1B-0.9%	$1.1B+37.9%	$787.7M-20.6%	$992.6M-10.7%	$1.1B+2.2%	$1.1Bn/m	-$98.5M-164.6%	$152.4M-72.4%	$551.7M	N/A
R&D Expenses	$49.1M	$47.5M+4.6%	$45.4M-9.9%	$50.4M-5.4%	$53.3M+37.4%	$38.8M-28.8%	$54.5M+28.2%	$42.5M+36.2%	$31.2M+31.1%	$23.8M-14.4%	$27.8M-5.1%	$29.3M-15.6%	$34.7M+1.8%	$34.1M-4.5%	$35.7M	N/A
SG&A Expenses	$346.2M	$365.5M+29.7%	$281.9M+1.0%	$279.2M-0.3%	$279.9M+17.9%	$237.4M-9.2%	$261.4M+24.2%	$210.4M+2.8%	$204.7M-11.3%	$230.9M+4.6%	$220.8M-5.6%	$233.8M+16.4%	$200.8M+16.6%	$172.2M+7.7%	$159.9M	N/A
Operating Income	-$2.2B	-$1.8Bn/m	-$134.2Mn/m	-$281.2Mn/m	-$459.2Mn/m	-$812.8M-206.8%	$760.8M-9.8%	$843.2M+58.5%	$531.9M-26.7%	$725.8M-15.9%	$863.0M+143.8%	$354.0Mn/m	-$364.3M-494.7%	$92.3M-74.1%	$356.1M	N/A
EBITDA	N/A	-$1.4B-718.5%	$230.8M+122.1%	$103.9Mn/m	-$88.8Mn/m	-$513.7M-150.1%	$1.0B-4.5%	$1.1B+44.0%	$746.0M-20.2%	$934.4M-10.5%	$1.0B+99.1%	$524.2Mn/m	-$200.7M-181.1%	$247.5M-49.4%	$489.4M	N/A
Interest Expense	$393.6M	$353.5M+10.9%	$318.7M+30.6%	$244.1M+0.6%	$242.6M+24.2%	$195.3M+112.5%	$91.9M+14.9%	$80.0M+91.8%	$41.7M-27.2%	$57.3M+8.7%	$52.7M-40.2%	$88.1M+25.7%	$70.1M-15.4%	$82.9M+7.0%	$77.5M	N/A
Income Tax	$11.4M	-$2.4M-110.7%	$22.5M+332.7%	$5.2Mn/m	-$17.2Mn/m	-$220.2M-265.8%	$132.8M-5.0%	$139.8M-22.3%	$180.0M-6.3%	$192.1M+832.5%	$20.6Mn/m	-$95.9M-150.2%	$191.1Mn/m	-$24.1M-127.7%	$86.9M	N/A
Net Income	$1.7B	$2.1B+247.3%	$616.2M+12.9%	$545.7M+0.9%	$540.8Mn/m	-$870.3M-264.2%	$530.1M-14.1%	$617.0M+73.9%	$354.9M-24.4%	$469.7M-40.4%	$788.7M+119.8%	$358.8Mn/m	-$621.4M-1885.6%	$34.8M-81.9%	$192.4M	N/A
EPS (Basic)	N/A	-$18.32n/m	-$5.78n/m	-$5.21n/m	-$5.19n/m	-$8.38-264.0%	$5.11-10.5%	$5.71+87.8%	$3.04-18.3%	$3.72-34.6%	$5.69+123.1%	$2.55n/m	-$4.40-1933.3%	$0.24-82.4%	$1.36-12.8%	$1.56
EPS (Diluted)	-$22.12	-$18.32n/m	-$5.78n/m	-$5.21n/m	-$5.19n/m	-$8.38-265.6%	$5.06-10.4%	$5.65+87.7%	$3.01-18.6%	$3.70-34.6%	$5.66+123.7%	$2.53n/m	-$4.40-1933.3%	$0.24-82.2%	$1.35-12.9%	$1.55
Diluted Shares (Avg)	N/A	117M+9.6%	107M+1.9%	105M+0.4%	104M+0.3%	104M-0.8%	105M-4.0%	109M-7.5%	118M-7.2%	127M-8.9%	139M-1.6%	142M+0.2%	141M-1.0%	143M+0.3%	142M+0.9%	141M

Metric	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q	Q1'2410-Q	Q4'2310-K
Revenue	$1.6B-4.0%	$1.6B+11.2%	$1.5B+2.0%	$1.7B-8.9%	$1.5B+2.2%	$1.5B+9.3%	$1.7B+19.0%	$1.8B+37.3%
Cost of Revenue	$2.2B+4.6%	$1.9B+8.7%	$2.0B+14.9%	$2.1B+38.6%	$1.7B+15.0%	$1.7B+23.6%	$2.1B+49.3%	$1.5B+11.1%
Gross Profit	-$619.6Mn/m	-$231.4Mn/m	-$461.1Mn/m	-$457.4M-257.0%	-$246.0Mn/m	-$233.5Mn/m	-$435.5Mn/m	$291.4Mn/m
R&D Expenses	$9.3M-29.0%	$12.2M+17.3%	$14.5M+8.2%	$13.1M+13.9%	$10.4M+3.0%	$13.4M+1.5%	$10.6M0.0%	$11.5M-17.3%
SG&A Expenses	$40.5M-62.0%	$107.3M+14.4%	$91.8M+9.8%	$106.6M+64.8%	$93.8M+35.5%	$83.6M+18.4%	$81.5M+5.3%	$64.7M-14.2%
Operating Income	-$646.5Mn/m	-$480.8Mn/m	-$487.0Mn/m	-$577.1M-368.4%	-$350.1Mn/m	-$331.3Mn/m	-$527.6Mn/m	$215.0Mn/m
EBITDA	-$580.4Mn/m	-$408.1Mn/m	-$407.7Mn/m	-$491.9M-261.2%	-$259.5Mn/m	-$239.8Mn/m	-$436.3Mn/m	$305.1Mn/m
Interest Expense	$94.5M-5.7%	$99.4M+9.5%	$99.5M+20.9%	$100.2M+2.7%	$90.8M+20.9%	$82.3M+11.8%	$80.2M+10.8%	$97.6M+33.2%
Income Tax	-$2.6Mn/m	$26.3M+839.3%	$6.0M+185.7%	-$18.3M-185.5%	$2.8M+16.7%	$2.1M-30.0%	$11.0Mn/m	$21.4Mn/m
Net Income	-$724.3M-119.9%	-$631.0Mn/m	-$612.9Mn/m	$3.6B+179.0%	-$476.9Mn/m	-$415.3Mn/m	-$616.7Mn/m	$1.3B+54.2%
EPS (Basic)	-$6.16n/m	-$5.36n/m	-$5.21n/m	-$5.39-773.7%	-$4.07n/m	-$3.56n/m	-$5.31n/m	$0.80n/m
EPS (Diluted)	-$6.16n/m	-$5.36n/m	-$5.21n/m	-$5.39-773.7%	-$4.07n/m	-$3.56n/m	-$5.31n/m	$0.80n/m
Diluted Shares (Avg)	118M	118M+0.4%	118M+0.9%	N/A	117M+11.4%	117M+10.8%	116M+10.8%	N/A

SPR Balance Sheet

SPR quarterly balance sheet

Metric	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K
Total Assets	$6.8B-2.7%	$7.0B+4.3%	$6.7B-13.8%	$7.7B-7.7%	$8.4B+10.2%	$7.6B+33.8%	$5.7B+7.9%	$5.3B-2.5%	$5.4B-6.2%	$5.8B+11.7%	$5.2B+1.1%	$5.1B-5.7%	$5.4B+7.4%	$5.0B+98831730.7%	$5K
Current Assets	$3.8B+0.2%	$3.8B+18.8%	$3.2B-17.0%	$3.8B-15.1%	$4.5B-3.4%	$4.6B+63.0%	$2.8B+7.5%	$2.7B-8.9%	$2.9B-11.8%	$3.3B+8.1%	$3.1B+3.7%	$2.9B-12.3%	$3.4B+6.3%	$3.2B+95784038.2%	$3K
Cash & Equivalents	$537.0M-34.8%	$823.5M+25.0%	$658.6M-55.5%	$1.5B-21.1%	$1.9B-20.3%	$2.4B+203.8%	$773.6M+82.8%	$423.3M-39.3%	$697.7M-27.1%	$957.3M+153.3%	$377.9M-10.2%	$420.7M-4.5%	$440.7M+147.9%	$177.8M	N/A
Short-Term Investments	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0-100.0%	$600K+50.0%	$400K+44444344.4%	$1
Inventory	$1.9B+7.0%	$1.8B+20.2%	$1.5B+6.4%	$1.4B-2.8%	$1.4B+27.1%	$1.1B+10.5%	$1.0B-30.2%	$1.4B-4.3%	$1.5B-14.6%	$1.8B+1.2%	$1.8B-4.9%	$1.8B-23.6%	$2.4B-8.4%	$2.6B+104904401.8%	$3K
Accounts Receivable	$395.3M-32.5%	$585.5M+19.6%	$489.5M+6.0%	$461.6M-4.7%	$484.4M-11.3%	$546.4M+0.2%	$545.1M-24.5%	$722.2M+9.3%	$660.5M+23.0%	$537.0M-11.3%	$605.6M+9.9%	$550.8M+30.9%	$420.7M+57.4%	$267.2M+133466433.5%	$200
Long-Term Investments	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0-100.0%	$3.1M+10.7%	$2.8M-9.7%	$3.1M+119230669.2%	$3
Goodwill	$630.0M-0.2%	$631.2M+0.1%	$630.5M+1.1%	$623.7M+10.3%	$565.3M+23454.2%	$2.4M0.0%	$2.4M-4.0%	$2.5M+8.7%	$2.3M-14.8%	$2.7M-6.9%	$2.9M-3.3%	$3.0M0.0%	$3.0M+3.4%	$2.9M	N/A
Total Liabilities	$9.4B+26.0%	$7.4B+7.8%	$6.9B-5.1%	$7.3B-3.2%	$7.5B+28.8%	$5.8B+31.4%	$4.4B+28.3%	$3.5B-0.3%	$3.5B-4.6%	$3.6B+2.9%	$3.5B-2.4%	$3.6B+6.1%	$3.4B+11.1%	$3.1B+93516730.7%	$3K
Current Liabilities	$3.6B+62.3%	$2.2B+12.6%	$2.0B+4.1%	$1.9B+9.7%	$1.7B-2.9%	$1.8B+11.3%	$1.6B-2.4%	$1.6B+5.0%	$1.5B+5.9%	$1.5B+15.8%	$1.3B-5.8%	$1.3B+25.2%	$1.1B+16.8%	$913.5M+78472539.8%	$1K
Non-Current Liabilities	$5.8B+10.8%	$5.3B+5.9%	$5.0B-8.3%	$5.4B-7.0%	$5.8B+42.5%	$4.1B+42.5%	$2.9B+55.3%	$1.8B-4.5%	$1.9B-11.6%	$2.2B-4.2%	$2.3B-0.4%	$2.3B-2.6%	$2.4B+8.6%	$2.2B+101748431.1%	$2K
Long-Term Debt	$4.0B-1.2%	$4.0B+5.3%	$3.8B+1.9%	$3.7B+5.9%	$3.5B+18.4%	$3.0B+60.1%	$1.9B+66.4%	$1.1B+5.7%	$1.1B-2.3%	$1.1B-5.1%	$1.1B-0.6%	$1.2B-1.3%	$1.2B+1.2%	$1.2B	N/A
Total Equity	-$2.6Bn/m	-$499.7Mn/m	-$247.5M-155.2%	$448.3M-47.7%	$856.5M-51.4%	$1.8B+42.3%	$1.2B-31.3%	$1.8B-6.6%	$1.9B-9.0%	$2.1B+30.7%	$1.6B+9.5%	$1.5B-25.8%	$2.0B+1.6%	$2.0B+108495260.1%	$2K
Retained Earnings	-$1.5B-347.2%	$616.3M-50.0%	$1.2B-30.8%	$1.8B-23.4%	$2.3B-27.3%	$3.2B+18.0%	$2.7B+12.0%	$2.4B+14.6%	$2.1B+27.6%	$1.7B+90.9%	$867.5M+70.5%	$508.7M-54.9%	$1.1B+3.2%	$1.1B+121361063.5%	$901

Metric	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q	Q1'2410-Q	Q4'2310-K
Total Assets	$6.1B-9.7%	$6.2B-11.5%	$6.5B-5.6%	$6.8B-2.7%	$7.0B+7.8%	$6.9B+4.8%	$6.8B+2.9%	$7.0B+4.3%
Current Assets	$3.7B-0.9%	$3.8B-4.2%	$3.5B-5.9%	$3.8B+0.2%	$3.9B+18.4%	$3.7B+13.2%	$3.6B+9.8%	$3.8B+18.8%
Cash & Equivalents	$299.0M-44.3%	$369.6M+69.9%	$220.2M+6.9%	$537.0M-34.8%	$217.6M-41.8%	$206.0M-60.8%	$352.0M-38.0%	$823.5M+25.0%
Short-Term Investments	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m
Inventory	$1.2B-35.8%	$1.3B-33.4%	$2.0B+6.7%	$1.9B+7.0%	$2.0B+19.6%	$1.9B+15.7%	$1.8B+16.0%	$1.8B+20.2%
Accounts Receivable	$323.6M-18.1%	$323.2M-43.6%	$527.6M-5.8%	$395.3M-32.5%	$572.6M-6.2%	$560.0M+12.1%	$577.5M-3.6%	$585.5M+19.6%
Long-Term Investments	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m
Goodwill	$624.0M-1.0%	$630.3M-0.2%	$630.2M-0.2%	$630.0M-0.2%	$631.3M0.0%	$631.2M0.0%	$631.2M0.0%	$631.2M+0.1%
Total Liabilities	$10.6B+13.3%	$10.0B+11.6%	$9.7B+15.5%	$9.4B+26.0%	$9.0B+21.5%	$8.4B+16.7%	$7.9B+12.2%	$7.4B+7.8%
Current Liabilities	$5.5B+53.1%	$4.9B+42.2%	$3.4B+18.8%	$3.6B+62.3%	$3.4B+46.1%	$2.9B+30.6%	$2.4B+13.0%	$2.2B+12.6%
Non-Current Liabilities	$5.2B-11.1%	$5.2B-7.3%	$6.3B+13.8%	$5.8B+10.8%	$5.6B+10.1%	$5.5B+10.6%	$5.5B+11.9%	$5.3B+5.9%
Long-Term Debt	$3.6B-8.1%	$3.7B-8.1%	$4.0B-0.6%	$4.0B-1.2%	$4.0B+4.3%	$4.0B+4.4%	$4.0B+4.6%	$4.0B+5.3%
Total Equity	-$4.5Bn/m	-$3.8Bn/m	-$3.2Bn/m	-$2.6Bn/m	-$1.9Bn/m	-$1.5Bn/m	-$1.1Bn/m	-$499.7Mn/m
Retained Earnings	-$3.5Bn/m	-$2.8Bn/m	-$2.1Bn/m	-$1.5B-347.2%	-$892.6M-265.0%	-$415.7M-155.8%	-$400K-100.0%	$616.3M-50.0%

SPR Cash Flow Statement

SPR quarterly cash flow statement

Metric	TTM	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K
Operating Cash Flow	$1.6B	$1.1B+396.4%	$225.8M-42.8%	$394.6M+524.4%	$63.2Mn/m	-$744.9M-180.7%	$922.7M+19.8%	$769.9M+34.2%	$573.7M-20.0%	$716.9M-44.4%	$1.3B+256.7%	$361.6M+38.8%	$260.6M-52.1%	$544.4Mn/m	-$47.3M	N/A
Depreciation & Amortization	N/A	$358.6M-1.8%	$365.0M-5.2%	$385.1M+4.0%	$370.4M+23.8%	$299.1M+13.0%	$264.8M+14.6%	$231.0M+7.9%	$214.1M+2.6%	$208.6M+15.6%	$180.5M+6.1%	$170.2M+4.0%	$163.6M+5.4%	$155.2M+16.4%	$133.3M	N/A
Stock-Based Compensation	N/A	$38.1M+30.5%	$29.2M-20.2%	$36.6M+41.9%	$25.8M+6.6%	$24.2M-33.0%	$36.1M+31.8%	$27.4M+24.0%	$22.1M-48.0%	$42.5M+63.5%	$26.0M+58.5%	$16.4M-16.3%	$19.6M+28.1%	$15.3M+36.6%	$11.2M-61.1%	$28.8M
Capital Expenditures	$189.3M	$152.5M+3.0%	$148.0M+21.7%	$121.6M-19.3%	$150.6M+26.7%	$118.9M-48.8%	$232.2M-14.4%	$271.2M-0.7%	$273.1M+7.5%	$254.0M-29.5%	$360.1M+63.5%	$220.2M-6.0%	$234.2M-0.8%	$236.1M-5.4%	$249.7M	N/A
Free Cash Flow	$1.4B	$968.4M+1144.7%	$77.8M-71.5%	$273.0Mn/m	-$87.4Mn/m	-$863.8M-225.1%	$690.5M+38.5%	$498.7M+65.9%	$300.6M-35.1%	$462.9M-50.2%	$929.6M+557.4%	$141.4M+435.6%	$26.4M-91.4%	$308.3Mn/m	-$297.0M	N/A
Investing Cash Flow	-$10.6M	-$152.4Mn/m	-$147.8Mn/m	-$155.5Mn/m	-$163.8Mn/m	-$502.0Mn/m	-$239.9Mn/m	-$267.8Mn/m	-$272.8Mn/m	-$253.4Mn/m	-$357.4Mn/m	-$239.6Mn/m	-$268.2Mn/m	-$248.8Mn/m	-$249.2M	N/A
Financing Cash Flow	$735.7M	$994.5M+87.1%	$531.6Mn/m	-$261.0Mn/m	-$163.5M-121.2%	$769.5M-13.0%	$884.4Mn/m	-$153.5Mn/m	-$578.7Mn/m	-$718.7Mn/m	-$351.1Mn/m	-$164.2Mn/m	-$13.9Mn/m	-$34.6Mn/m	-$6.7M	N/A
Dividends Paid	N/A	$0n/m	$0-100.0%	$4.2M-2.3%	$4.3M-72.1%	$15.4M-69.4%	$50.4M+5.0%	$48.0M+1.9%	$47.1Mn/m	$0n/m	$0	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	$0-100.0%	$100K-99.9%	$75.8M-90.6%	$805.8M+62.4%	-$496.3M-23.6%	-$649.6M+116.5%	-$300.0M+132.2%	-$129.2Mn/m	$0	N/A	N/A	N/A

Metric	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q	Q1'2410-Q	Q4'2310-K
Operating Cash Flow	-$187.2M-107.9%	-$143.7Mn/m	-$419.5Mn/m	$2.4Bn/m	-$276.4Mn/m	-$565.5M-307.9%	-$415.6Mn/m	$0n/m
Depreciation & Amortization	$66.1M-22.4%	$72.7M-19.8%	$79.3M-13.3%	$85.2M-5.4%	$90.6M-2.1%	$91.5M+1.4%	$91.3M-1.0%	$90.1M-6.5%
Capital Expenditures	$42.5M-7.0%	$46.4M-0.2%	$54.7M+73.1%	$45.7M-36.1%	$46.5M+84.5%	$31.6M+11.3%	$28.7M+25.3%	$71.5M+83.8%
Free Cash Flow	-$229.7M-109.8%	-$190.1Mn/m	-$474.2Mn/m	$2.3Bn/m	-$322.9Mn/m	-$597.1M-345.1%	-$444.3Mn/m	-$71.5Mn/m
Investing Cash Flow	-$31.3Mn/m	-$41.5Mn/m	$107.9Mn/m	-$45.7Mn/m	-$46.4Mn/m	-$31.6Mn/m	-$28.7Mn/m	-$71.3Mn/m
Financing Cash Flow	$164.4M-28.4%	$342.7M+2.0%	-$1.1M-100.2%	$229.7M-42.2%	$335.9Mn/m	$450.4M+172.6%	-$21.5Mn/m	$397.5M+440.8%
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$0-100.0%

Not reported in any period shown, so not listed: Stock-Based Compensation, Share Buybacks.

SPR Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

SPR quarterly financial ratios

Metric	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K	FY1010-K
Gross Margin	-21.7%-25.1pp	3.4%+2.4pp	1.0%+4.0pp	-3.0%+10.0pp	-12.9%-26.6pp	13.7%-1.4pp	15.0%+3.8pp	11.3%-3.3pp	14.6%-2.1pp	16.7%+0.7pp	16.0%+17.6pp	-1.7%-4.5pp	2.8%-8.5pp	11.3%	N/A
Operating Margin	-28.3%-26.1pp	-2.2%+3.4pp	-5.6%+6.0pp	-11.6%+12.3pp	-23.9%-33.6pp	9.7%-2.0pp	11.7%+4.1pp	7.6%-3.1pp	10.7%-2.3pp	13.0%+7.8pp	5.2%+11.3pp	-6.1%-7.8pp	1.7%-5.6pp	7.3%	N/A
Net Margin	33.9%+23.7pp	10.2%-0.7pp	10.8%-2.8pp	13.7%+39.2pp	-25.6%-32.3pp	6.7%-1.8pp	8.5%+3.5pp	5.1%-1.8pp	6.9%-5.0pp	11.9%+6.6pp	5.3%+15.7pp	-10.4%-11.1pp	0.6%-3.3pp	4.0%	N/A
Return on Equity	N/A	N/A	N/A	120.6%+222.2pp	-101.6%-131.7pp	30.1%-19.8pp	49.9%+30.1pp	19.7%-4.7pp	24.4%-12.8pp	37.2%+15.1pp	22.1%+64.1pp	-42.0%-43.7pp	1.7%-8.1pp	9.8%	N/A
Return on Assets	31.6%+22.8pp	8.9%+0.7pp	8.2%+1.2pp	7.0%+17.4pp	-10.4%-17.3pp	7.0%-3.9pp	10.8%+4.1pp	6.7%-2.0pp	8.7%-5.0pp	13.7%+6.7pp	7.0%+19.1pp	-12.2%-12.8pp	0.6%-3.2pp	3.8%	N/A
Current Ratio	1.05-0.7x	1.71+0.1x	1.62-0.4x	2.03-0.6x	2.620.0x	2.64+0.8x	1.80+0.2x	1.64-0.2x	1.88-0.4x	2.26-0.2x	2.42+0.2x	2.20-0.9x	3.14-0.3x	3.45+0.6x	2.83
Debt-to-Equity	N/A	N/A	N/A	8.35+4.2x	4.12+2.4x	1.69+0.2x	1.51+0.9x	0.62+0.1x	0.550.0x	0.51-0.2x	0.71-0.1x	0.78+0.2x	0.580.0x	0.59	N/A
Liabilities-to-Equity	N/A	N/A	N/A	16.26+7.5x	8.79+5.5x	3.32-0.3x	3.59+1.7x	1.92+0.1x	1.80+0.1x	1.72-0.5x	2.18-0.3x	2.45+0.7x	1.71+0.1x	1.57-0.3x	1.82
Asset Turnover	0.93+0.1x	0.87+0.1x	0.75+0.2x	0.51+0.1x	0.41-0.6x	1.03-0.2x	1.27-0.1x	1.33+0.1x	1.26+0.1x	1.15-0.2x	1.32+0.1x	1.17+0.2x	1.000.0x	0.96	N/A
FCF Margin	15.3%+14.0pp	1.3%-4.1pp	5.4%+7.6pp	-2.2%+23.2pp	-25.4%-34.1pp	8.8%+1.9pp	6.9%+2.6pp	4.3%-2.5pp	6.8%-7.2pp	14.0%+11.9pp	2.1%+1.6pp	0.4%-5.3pp	5.7%+11.8pp	-6.1%	N/A

Metric	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q	Q1'2410-Q	Q4'2310-K
Gross Margin	-39.1%-11.4pp	-14.1%+2.6pp	-30.3%-14.6pp	-27.7%-43.8pp	-16.7%-13.0pp	-15.7%-13.4pp	-25.6%-25.5pp	16.1%+19.8pp
Operating Margin	-40.8%-5.8pp	-29.4%-5.6pp	-32.0%-9.8pp	-34.9%-46.8pp	-23.8%-14.5pp	-22.2%-13.4pp	-31.0%-24.3pp	11.9%+22.4pp
Net Margin	-45.7%	-38.6%-6.2pp	-40.3%-12.4pp	221.0%	-32.4%-18.2pp	-27.8%-12.7pp	-36.2%-16.6pp	72.1%+7.9pp
Return on Assets	-11.9%-65.8pp	-10.1%-3.4pp	-9.5%-3.4pp	53.9%+35.1pp	-6.8%-3.6pp	-6.1%-2.9pp	-9.1%-4.8pp	18.8%+6.1pp
Current Ratio	0.68-0.4x	0.77-0.4x	1.03-0.3x	1.05-0.7x	1.15-0.3x	1.31-0.2x	1.520.0x	1.71+0.1x
Asset Turnover	0.260.0x	0.26+0.1x	0.230.0x	0.240.0x	0.210.0x	0.220.0x	0.250.0x	0.26+0.1x
FCF Margin	-14.5%	-11.6%+10.3pp	-31.2%+8.9pp	141.3%	-22.0%-20.2pp	-40.0%-57.9pp	-26.1%-21.3pp	-3.9%-1.0pp

Not reported in any period shown, so not listed: Return on Equity, Debt-to-Equity, Liabilities-to-Equity.

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin, FCF Margin.

Note: Shareholder equity is negative (-$2.6B), which causes the debt-to-equity, liabilities-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Spirit Aerosystems Holdings, Inc. SPR	FY2024	$6.3B	$2.1B	33.9%	$4.6B	33/100
Hexcel Corporation HXL	FY2025	$1.9B	$109.4M	5.8%	$6.0B	52/100
Mercury Systems Inc. MRCY	FY2026	$983.6M	-$29.7M	-3.0%	$4.6B	51/100
VSE Corp VSEC	FY2025	$1.1B	$11.7M	1.1%	$4.0B	56/100
Archer Aviation Inc. ACHR	FY2025	$300K	-$618.2M	N/A	$3.0B	—
AAR Corp. AIR	FY2026	$3.3B	$187.7M	5.7%	$3.8B	61/100

Where Spirit Aerosystems Holdings, Inc. Ranks

Frequently Asked Questions

What is Spirit Aerosystems Holdings, Inc.'s annual revenue?

Spirit Aerosystems Holdings, Inc. (SPR) reported $6.3B in total revenue for fiscal year 2024. This represents a 4.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Spirit Aerosystems Holdings, Inc.'s revenue growing?

Spirit Aerosystems Holdings, Inc. (SPR) revenue grew by 4.4% year-over-year, from $6.0B to $6.3B in fiscal year 2024.

Is Spirit Aerosystems Holdings, Inc. profitable?

Yes, Spirit Aerosystems Holdings, Inc. (SPR) reported a net income of $1.7B over the trailing 12 months to October 2, 2025. In fiscal year 2024 it reported a net income of $2.1B, with a net profit margin of 33.9%.

What is Spirit Aerosystems Holdings, Inc.'s EBITDA?

Spirit Aerosystems Holdings, Inc. (SPR) had EBITDA of -$1.4B in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Spirit Aerosystems Holdings, Inc. have?

As of fiscal year 2024, Spirit Aerosystems Holdings, Inc. (SPR) had $537.0M in cash and equivalents against $4.0B in long-term debt.

What is Spirit Aerosystems Holdings, Inc.'s gross margin?

Spirit Aerosystems Holdings, Inc. (SPR) had a gross margin of -21.7% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

What is Spirit Aerosystems Holdings, Inc.'s operating margin?

Spirit Aerosystems Holdings, Inc. (SPR) had an operating margin of -28.3% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is Spirit Aerosystems Holdings, Inc.'s net profit margin?

Spirit Aerosystems Holdings, Inc. (SPR) had a net profit margin of 33.9% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Spirit Aerosystems Holdings, Inc.'s free cash flow?

Spirit Aerosystems Holdings, Inc. (SPR) generated $968.4M in free cash flow during fiscal year 2024. This represents a 1144.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Spirit Aerosystems Holdings, Inc.'s operating cash flow?

Spirit Aerosystems Holdings, Inc. (SPR) generated $1.1B in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Spirit Aerosystems Holdings, Inc.'s total assets?

Spirit Aerosystems Holdings, Inc. (SPR) had $6.8B in total assets as of fiscal year 2024, including both current and long-term assets.

What are Spirit Aerosystems Holdings, Inc.'s capital expenditures?

Spirit Aerosystems Holdings, Inc. (SPR) invested $152.5M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

How much does Spirit Aerosystems Holdings, Inc. spend on research and development?

Spirit Aerosystems Holdings, Inc. (SPR) invested $47.5M in research and development during fiscal year 2024.

How many shares does Spirit Aerosystems Holdings, Inc. have outstanding?

Spirit Aerosystems Holdings, Inc. (SPR) had 117M shares outstanding as of fiscal year 2024.

What is Spirit Aerosystems Holdings, Inc.'s current ratio?

Spirit Aerosystems Holdings, Inc. (SPR) had a current ratio of 1.05 as of fiscal year 2024, which is considered adequate.

What is Spirit Aerosystems Holdings, Inc.'s return on assets (ROA)?

Spirit Aerosystems Holdings, Inc. (SPR) had a return on assets of 31.6% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

Why is Spirit Aerosystems Holdings, Inc.'s debt-to-equity ratio negative or not reported?

Spirit Aerosystems Holdings, Inc. (SPR) has negative shareholder equity of -$2.6B as of fiscal year 2024, so no debt-to-equity or liabilities-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

What is Spirit Aerosystems Holdings, Inc.'s Altman Z-Score?

Spirit Aerosystems Holdings, Inc. (SPR) has an Altman Z-Score of 0.08, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Spirit Aerosystems Holdings, Inc.'s Piotroski F-Score?

Spirit Aerosystems Holdings, Inc. (SPR) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Spirit Aerosystems Holdings, Inc.'s earnings high quality?

Spirit Aerosystems Holdings, Inc. (SPR) has an earnings quality ratio of 0.52x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Spirit Aerosystems Holdings, Inc. cover its interest payments?

Spirit Aerosystems Holdings, Inc. (SPR) reported an operating loss of $1.8B against $353.5M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Spirit Aerosystems Holdings, Inc.?

Spirit Aerosystems Holdings, Inc. (SPR) scores 33 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.