StandardAero, Inc. (SARO)

In the past six months, StandardAero's stock (SARO) has declined by 10.6% and underperformed the S&P 500, attributed to major shareholders divesting portions of their stakes. Key events include a secondary offering in May 2025 by affiliates of The Carlyle Group Inc. and GIC, Q1 2025 earnings in May, Q2 2025 earnings in August with revenue surpassing expectations but EPS slightly missing forecasts, and Q3 2025 earnings in November with strong revenue and earnings growth. StandardAero has consistently raised its full-year 2025 guidance for revenue, adjusted EBITDA, and free cash flow.

Recent information from 2024 and 2025 indicates a consistently strong demand environment for StandardAero's products and services rather than distinct seasonality. The company has reported robust and growing demand across all its core end markets, including commercial aerospace, business aviation, and military/helicopter segments. StandardAero has raised its full-year 2025 guidance, reflecting expectations of continued strong demand in these markets.

StandardAero, Inc. (SARO) is a prominent provider of aerospace engine aftermarket services, operating within the aerospace and defense sector, specifically in the maintenance, repair, and overhaul (MRO) industry. StandardAero specializes in aftermarket solutions for fixed and rotary-wing aircraft, offering maintenance, repair, and overhaul (MRO), on-wing and field service support, asset management, and engineering solutions for various engine types. Beyond engines, StandardAero also provides airframe and component services, catering to commercial aerospace, military and helicopter, business aviation, and even industrial and energy end markets.

Headquartered in Scottsdale, Arizona, StandardAero has a global presence with over 50 major repair facilities, service centers, and regional support offices across more than 70 countries. Its geographic reach includes North America, Europe, Asia, Australia, and Africa, with the majority of its revenue generated in North America and Europe.

StandardAero has a strong brand reputation synonymous with quality, reliability, and technical expertise in the aerospace engine aftermarket services industry. This reputation has been instrumental in securing long-term contracts and partnerships with major original equipment manufacturers (OEMs) and aircraft operators. Recent financial performance underscores its strong market position and operational excellence, and there have been no publicly reported events in the past year that have negatively impacted StandardAero's brand reputation.

StandardAero's ownership structure includes a significant portion held by institutional investors. The largest individual shareholder is The Carlyle Group Inc., owning 45.65% of the company's shares. Other major institutional and individual owners include GIC Private Limited, Vanguard Group Inc., T. Rowe Price Investment Management Inc., Price T Rowe Associates Inc /Md/, Wellington Management Group LLP, Janus Henderson Group PLC, Blackrock Inc., Allspring Global Investments Holdings LLC, Norges Bank, and State Street Corp.