StandardAero Inc
SARO: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.b | LOCK|Kn#k | LOCK|^V<^<^W# |
StandardAero Earnings: Robust Aftermarket Demand and Reinvestment Underway; Shares Undervalued
Engine services revenue grew by 4% to $1.4 billion, while component repairs rose 9.2% to $195 million in the second quarter. Engine services' EBITDA margin rose to 14.5% due to the elimination of some zero-margin pass-through parts sales, which was also why sales growth slowed in the quarter.
