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Spirit AeroSystems Holdings, Inc. (SPR)
Key financial summary
Financials in USD| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 7,863 | 3,405 | 3,953 | 5,030 | 6,048 | 6,317 | 6,394 |
| Operating profit | $m | -1,786 | -2,214 | |||||
| Net profit | $m | 530 | -870 | -541 | -546 | -616 | -2,140 | -2,599 |
| EPS reported | $ | -18.32 | -22.11 | |||||
| Operating cashflow per share | $ | -9.60 | -6.38 | |||||
| Capex per share | $ | 1.31 | 1.22 | |||||
| FCF per share | $ | -10.91 | -7.60 | |||||
| Free cash flow | $m | -1,273 | -803 | |||||
| Net debt | $m | 4,659 | 3,972 | |||||
| Book value equity | $m | -2,621 | -4,524 | |||||
| Book value per share | $ | -22.44 | -38.47 | |||||
| Number of shares | m | 116.8 | 117.6 | |||||
| DPS (TTM paid) | $ | 0.00 | 0.00 |
Financial summary
Financials in USD| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | - | - | |||||
| P/B LTM | x | -1.52 | -1.02 | |||||
| P/S LTM | x | 0.63 | 0.73 | |||||
| P/FCF LTM | x | -3.12 | -5.77 | |||||
| EV/EBITDA LTM | x | -5.95 | -4.46 | |||||
| EV/Sales LTM | x | 1.40 | 1.35 | |||||
| Earnings Yield LTM | % | -53.78% | -42.37% | |||||
| FCF Yield | % | -32.00% | -17.32% | |||||
| Quality | ||||||||
| ROE | % | 81.63% | 51.26% | |||||
| ROIC | % | -42.87% | -121.83% | |||||
| Operating margin | % | -28.28% | -34.52% | |||||
| Gross margin | % | -21.73% | -27.67% | |||||
| FCF/Sales | % | -20.16% | -18.85% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | - | - | |||||
| Sales Growth YoY | % | +4.44% | -1.31% | |||||
| Net Income Growth YoY | % | - | - | |||||
| FCF Growth | % | - | - | |||||
| Operating Profit Growth | % | - | - | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 0.00% | 0.00% | |||||
| Dividend Growth | % | 0.00% | 0.00% | |||||
| Payout Ratio | % | 0.00% | 0.00% | |||||
| FCF/Debt | x | -0.24 | -0.18 | |||||
| Net Debt/EBITDA | x | -3.26 | -2.82 | |||||
| EBIT/Net interest | x | -5.05 | -5.58 | |||||
| Net debt/market cap | % | 117.07% | 85.66% | |||||
| Net debt/Equity | x | -1.78 | -0.88 | |||||
| Gross debt/equity | x | -2.05 | -0.97 | |||||
Company overview
Spirit AeroSystems Holdings, Inc. is a prominent global player in the aerospace industry, specializing in the conception, engineering, fabrication, and distribution of sophisticated aircraft structures. The company's diverse operations are organized into three primary divisions: Commercial, Defense & Space, and Aftermarket. The Commercial segment focuses on supplying essential airframe components, such as the forward, mid, and aft sections of fuselages, along with their integrated systems; propulsion system mounts like struts and pylons; engine nacelles; and complete wing assemblies, including flight control surfaces and other structural elements. Its principal clientele comprises major aircraft and engine original equipment manufacturers (OEMs) engaged in large commercial jets and business/regional aircraft programs. For the Defense & Space sector, Spirit delivers critical fuselage, strut, nacelle, and wing aerostructures primarily for U.S. Government defense initiatives, notably supporting programs like the Boeing P-8, C40, and KC-46 Tanker. This segment’s capabilities extend beyond manufacturing to include intricate fabrication, bonding, assembly, comprehensive testing, tooling creation, advanced processing, in-depth engineering analysis, and specialized training. Their work spans fixed-wing aircraft structures, missile systems, and advanced hypersonic projects, producing components such as solid rocket motor throats, nozzles, and re-entry vehicle thermal protection systems, in addition to cockpit, cabin, and fuselage work for rotorcraft. The Aftermarket segment provides extensive post-sale support, encompassing spare parts provision and a full suite of Maintenance, Repair, and Overhaul (MRO) services. These services include repairs for flight control surfaces and engine nacelles, specialized radome repairs, management of rotable assets, engineering consulting, and sophisticated composite repair solutions, alongside various other refurbishment and overhaul offerings. Spirit AeroSystems Holdings, Inc. has also forged a strategic alliance with Sierra Space, aiming to bolster its engagement with the burgeoning commercial space economy. Established in 1927, initially operating as Mid-Western Aircraft Systems Holdings, Inc., the company's corporate headquarters are situated in Wichita, Kansas.
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For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Spirit AeroSystems Holdings, Inc. (SPR)
Spirit AeroSystems Holdings, Inc. is a prominent global player in the aerospace industry, specializing in the conception, engineering, fabrication, and distribution of sophisticated aircraft structures. The company's diverse operations are organized into three primary divisions: Commercial, Defense & Space, and Aftermarket. The Commercial segment focuses on supplying essential airframe components, such as the forward, mid, and aft sections of fuselages, along with their integrated systems; propulsion system mounts like struts and pylons; engine nacelles; and complete wing assemblies, including flight control surfaces and other structural elements. Its principal clientele comprises major aircraft and engine original equipment manufacturers (OEMs) engaged in large commercial jets and business/regional aircraft programs. For the Defense & Space sector, Spirit delivers critical fuselage, strut, nacelle, and wing aerostructures primarily for U.S. Government defense initiatives, notably supporting programs like the Boeing P-8, C40, and KC-46 Tanker. This segment’s capabilities extend beyond manufacturing to include intricate fabrication, bonding, assembly, comprehensive testing, tooling creation, advanced processing, in-depth engineering analysis, and specialized training. Their work spans fixed-wing aircraft structures, missile systems, and advanced hypersonic projects, producing components such as solid rocket motor throats, nozzles, and re-entry vehicle thermal protection systems, in addition to cockpit, cabin, and fuselage work for rotorcraft. The Aftermarket segment provides extensive post-sale support, encompassing spare parts provision and a full suite of Maintenance, Repair, and Overhaul (MRO) services. These services include repairs for flight control surfaces and engine nacelles, specialized radome repairs, management of rotable assets, engineering consulting, and sophisticated composite repair solutions, alongside various other refurbishment and overhaul offerings. Spirit AeroSystems Holdings, Inc. has also forged a strategic alliance with Sierra Space, aiming to bolster its engagement with the burgeoning commercial space economy. Established in 1927, initially operating as Mid-Western Aircraft Systems Holdings, Inc., the company's corporate headquarters are situated in Wichita, Kansas.
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