Standardaero, Inc. · NYSE:SARO
Standardaero — Q2 2025 Earnings Presentation
16 slides from Standardaero's earnings presentation, Aug 13, 2025
Slide 1: Second Quarter 2025 Earnings Presentation
SECOND QUARTER 2025 EARNINGS PRESENTATION AUGUST 13, 2025 1
Slide 2: Disclaimer – Forward Looking Statements & Non-GAAP Disclosure
DISCLAIMER – FORWARD LOOKING STATEMENTS & NON-GAAP DISCLOSURE This presentation contains forward-looking statements that involve substantial risks and uncertainties. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Sect
Slide 3: Financial Highlights
FINANCIAL HIGHLIGHTS Q2 2025 Q2 PERFORMANCE DRIVERS 1H 2025 $2,965 Strong Top Line Growth $1,529 − Commercial Aerospace: +14% YoY +14.8% +13.5% − Military & Helicopter: +12% YoY YoY $2,583 YoY $1,347 − Business Aviation: +9% YoY $403 Margin Expansion +20.1% $205 +19.9% − Both volume and mix driven e
Slide 4: Business Highlights
BUSINESS HIGHLIGHTS MARKET ENVIRONMENT EXECUTING ON 2025 STRATEGIC PRIORITIES Continuing Aftermarket Strength ▪ Strong commercial aero demand and improved airline outlooks ▪ Growth on key business jet platforms ▪ AE1107 utilization recovery ▪ Supply chain challenges persist Capitalize on Expansion o
Slide 5: Second Quarter 2025 Results – Consolidated
SECOND QUARTER 2025 RESULTS – CONSOLIDATED ($ in millions) Q2 2025 Performance Commentary ◼ Growth across end markets: Commercial Aerospace (+14% YoY), Military & Helicopter (+12% YoY), Revenue $1,529 and Business Aviation (+9% YoY) % Change YoY +13.5% ◼ Growth in both Engine Services (+11% YoY) and
Slide 6: Second Quarter 2025 Results – Engine Services
SECOND QUARTER 2025 RESULTS – ENGINE SERVICES Q2 2025 QUARTERLY HIGHLIGHTS 1H 2025 $1,351 ◼ +11.5% YoY Revenue growth $2,619 + Continued commercial aftermarket strength +11.5% + Ramp of growth programs (LEAP, CFM56 DFW facility) +13.4% YoY YoY $1,211 + Record quarter for HTF7000 business aviation pl
Slide 7: Second Quarter 2025 Results – Component Repair Services
SECOND QUARTER 2025 RESULTS – COMPONENT REPAIR SERVICES Q2 2025 QUARTERLY HIGHLIGHTS 1H 2025 $346 ◼ +31.3% YoY Revenue growth $178 +26.1% + Growth on commercial narrowbody engines YoY $274 +31.3% YoY + Strong growth on land & marine platforms $136 + ATI acquisition contribution − Slower input timing
Slide 8: Free Cash Flow
FREE CASH FLOW COMMENTARY ◼ Q2 Free Cash Flow in line with expectations ($ in millions) Q2 2025 ◼ Strong earnings offset by working capital, tax payment timing and major platform expansion investments Adjusted EBITDA 1 $205 (+/-) Δ in Net Working Capital 1 (108) ◼ Increase in working capital associa
Slide 9: Balance Sheet & Liquidity
BALANCE SHEET & LIQUIDITY SIGNIFICANTLY STRENGTHENED NET DEBT TO ADJUSTED EBITDA LEVERAGE RATIO1 BALANCE SHEET ◼ Leverage ratio improved to 3.0x, driven by organic Adjusted EBITDA growth 5.4x ◼ Benefiting from refinancing of capital structure Target ◼ Ample balance sheet capacity for acquisitions an
Slide 10: FY 2025 Company & Segment Outlook
FY 2025 COMPANY & SEGMENT OUTLOOK ($ in millions) Prior FY 2025 Current FY 2025 Commentary Revenue $5,825 – $5,975 $5,875 - $6,025 ◼ Engine Services: $5,160 - $5,290 (prior $5,110 - $5,240) % Change YoY +11% to +14% $50MM +12% to +15% ◼ Component Repair Services: $715 – $735 Adjusted ◼ ES: 13.3% Adj
Slide 11: Appendix
APPENDIX 11
Slide 12: Reconciliation of Non-GAAP Financial Metrics
RECONCILIATION OF NON-GAAP FINANCIAL METRICS ADJUSTED EBITDA AND ADJUSTMENTS WALK Three Months Ended June 30, 2025 2024 (in millions, except percentages) Net income $67.7 $5.4 Income tax expense 24.0 21.0 Depreciation and amortization 48.5 45.5 Interest expense 43.8 78.1 (1) Business transformation
Slide 13: Segment Disclosure
SEGMENT DISCLOSURE SEGMENT ADJUSTED EBITDA Three Months Ended June 30, 2025 2024 (in millions, except percentages) Engine Services Segment Revenue $1,350.7 $1,211.5 Segment Adjusted EBITDA $178.5 $153.7 Segment Adjusted EBITDA Margin 13.2% 12.7% Component Repair Services Segment Revenue $178.3 $135.
Slide 14: Segment Disclosure (Continued)
SEGMENT DISCLOSURE (CONTINUED) SEGMENT REVENUE AND SEGMENT ADJUSTED EBITDA TO PROFIT BEFORE TAX WALK Three Months Ended June 30, 2025 Three Months Ended June 30, 2024 Component Component Engine Total Engine Total Repair Repair Services Segments Services Segments Services Services (In thousands) (In
Slide 15: Reconciliation of Net Debt and Net Debt to Adjusted EBITDA Leverage Ratio
RECONCILIATION OF NET DEBT AND NET DEBT TO ADJUSTED EBITDA LEVERAGE RATIO Three Months Ended June 30, 2025 2024 (in millions, except percentages) New 2024 Term Loan Facilities $2,238.8 --- New 2024 Revolving Credit Facility 95.0 --- Prior 2024 Term Loan Facilities --- 2,755.2 Prior 2023 Term Loan Fa
Slide 16: Free Cash Flow Disclosure
FREE CASH FLOW DISCLOSURE RECONCILIATION OF FREE CASH FLOW Three Months Ended June 30, 2025 2024 (in millions) Cash Flow from Operations $2.9 $65.4 Purchase of Property, Plant and Equipment (22.0) (26.6) Purchase of Intangible Assets (15.0) (0.2) Proceeds from Disposal of Property, Plant and Equipme