STANDARDAERO INC Stock Price, News & Analysis

StandardAero (NYSE: SARO) announced a secondary offering where two major shareholders, The Carlyle Group Inc. and GIC, plan to sell 30,000,000 shares of common stock. The underwriters will have a 30-day option to purchase an additional 4,500,000 shares. The offering will be managed by several leading investment banks, including J.P. Morgan and Morgan Stanley as joint lead book-running managers. Importantly, StandardAero will not receive any proceeds from this offering, as all net proceeds will go to the selling stockholders. The offering will be conducted through a shelf registration statement on Form S-1 filed with the SEC, pending effectiveness.

StandardAero has expanded its CFM International LEAP-1A and LEAP-1B service offering to include lease engines for Airbus A320neo and Boeing 737 MAX customers worldwide. The company has partnered with leading engine leasing companies to provide short-term leases, helping operators avoid aircraft downtime during MRO events.

As a CFM LEAP Premier MRO provider, StandardAero operates from its 810,000 sq. ft. San Antonio facility, offering both quick-turn and performance restoration shop visit services. The company has industrialized over 300 component repairs for LEAP engines and continues to grow its technician team through its Aviation Mechanic Training Program.

StandardAero provides these services to operators and asset managers across multiple regions through its Total Engine Asset Management (TEAM™) services portfolio.

StandardAero (NYSE: SARO) reported strong Q1 2025 results with significant year-over-year improvements. Revenue increased 16.2% to $1.44 billion, while net income rose to $62.9 million from $3.2 million in the prior year. Adjusted EBITDA grew 19.7% to $198.2 million, with margin expanding to 13.8%.

The Engine Services segment revenue grew 15.6% to $1.27 billion, while Component Repair Services revenue increased 20.9% to $167.3 million. Due to strong performance, StandardAero raised its FY 2025 guidance, now expecting revenue of $5.83-5.98 billion and Adjusted EBITDA of $775-795 million, despite a $15 million impact from tariffs.

The company secured multiple new LEAP agreements representing over 150 estimated shop visits, demonstrating robust demand in the aerospace engine aftermarket.

StandardAero (NYSE: SARO) has secured a significant contract with Lion Air, Indonesia's largest private airline, to provide maintenance, repair & overhaul (MRO) support for their CFM56-7B turbofan engines. The agreement covers performance restoration shop visits for Lion Air's fleet of over 100 Boeing 737-800 and -900 aircraft.

The MRO services will be conducted at StandardAero's CFM-authorized facility in Winnipeg, Canada, with the first engine inducted last December. StandardAero has recently celebrated its 1,000th CFM56-7B shop visit and has expanded its capabilities with a second service line at DFW International Airport. The company also provides component repair, used serviceable material management, and engine health monitoring services.

StandardAero (NYSE: SARO) has scheduled its first quarter 2025 earnings release for Monday, May 12, 2025, after market close. The company will host a conference call at 5:00 PM ET the same day to discuss the results.

Investors can access the live webcast through StandardAero's investor relations website. For direct participation, attendees can dial (877) 407-9762 or (201) 689-8538. A replay will be available through May 26, 2025, accessible via the archived webcast or by calling (877) 660-6853 or (201) 612-7415 with access code 13753179.

StandardAero (NYSE: SARO) has announced the pricing of its upsized secondary offering of 36,000,000 shares of common stock by its major stockholders, The Carlyle Group Inc. and GIC Private affiliates. The shares are priced at $28.00 per share.

The selling stockholders have granted underwriters a 30-day option to purchase up to 5,400,000 additional shares. The offering is expected to close on March 27, 2025. StandardAero will not receive any proceeds from this offering as all net proceeds will go to the selling stockholders.

The offering is led by multiple joint book-running managers including J.P. Morgan, Morgan Stanley, RBC Capital Markets, BofA Securities, UBS Investment Bank, and Jefferies. The securities offering is made through a registration statement declared effective by the SEC on March 25, 2025.

StandardAero (NYSE: SARO) has announced a significant secondary offering where two major stockholders - affiliates of The Carlyle Group Inc. and GIC Private - plan to sell 30,000,000 shares of common stock. The underwriters will have a 30-day option to purchase up to an additional 4,500,000 shares.

The offering will be managed by joint lead book-running managers J.P. Morgan, Morgan Stanley, and RBC Capital Markets. StandardAero will not receive any proceeds from this transaction as all net proceeds will go to the selling stockholders. The offering is pending effectiveness of a Form S-1 registration statement filed with the SEC and is subject to market conditions.

StandardAero (NYSE: SARO) has appointed Rama Bondada as Vice President of Investor Relations, effective March 17, 2025. In this newly created position, Bondada will develop and execute the company's investor relations program, managing relationships with the investment community and overseeing financial results communication.

Bondada brings over 15 years of equity investing experience from firms including First Manhattan, Balyasny Asset Management, and Lord, Abbett & Co. He previously served as VP of Investor Relations, Corporate Strategy and U.S. Corporate Development at Lilium Aviation, where he also held the interim CFO position. His background includes roles at Lockheed Martin and Honeywell Aerospace.

StandardAero is a pure-play provider of aerospace engine aftermarket services for fixed- and rotary-wing aircraft, offering maintenance, repair, overhaul, and engineering solutions for commercial, military, and business aviation markets.

StandardAero (NYSE: SARO) reported strong Q4 2024 and full-year results, marking significant growth. Q4 revenue increased 21.8% to $1,409.6M, though recording a net loss of $14.1M due to transaction costs. Q4 Adjusted EBITDA rose 37.2% to $186.2M with a 13.2% margin.

Full-year 2024 performance showed revenue growth of 14.8% to $5,237.2M, with net income of $11.0M. The company completed a $1.7B IPO, using $1.2B net proceeds to reduce debt. The refinanced capital structure is expected to save over $130M in annual interest compared to pre-IPO levels.

Growth was driven by strong performance in both Engine Services and Component Repair Services segments. Commercial aerospace market grew 33% in Q4, while business aviation increased 11%. The company achieved a Net Debt to Adjusted EBITDA Leverage Ratio of 3.1x as of December 31, 2024.