Spirit Aero Systems Holdings, Inc. - Understand $spr stock

$SPR Market Cap: $3.852 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$6.478B

TTM

Gross Margin

-10.7%

TTM

Net Earnings

-$1.450B

TTM

Current Assets

$3.934B

Q3 2024

Current Liabilities

$3.432B

Q3 2024

Current Ratio

114.61%

Q3 2024

Total Assets

$7.049B

Q3 2024

Total Liabilities

$8.990B

Q3 2024

Book Value

-$1.941B

Q3 2024

Cash

$217.6M

Q3 2024

P/E

-2.656

Nov 29, 2024 EST

Free Cash Flow

-$1.322B

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Revenue	$6.048B	$5.030B	$3.953B	$3.405B	$7.863B	$7.222B	$6.983B	$6.793B	$6.644B	$6.799B	$5.961B	$5.398B	$4.864B	$4.172B	$4.079K	$3.772B	$3.861B	$3.208B	$1.208B
YoY Change	20.25%	27.24%	16.1%	-56.7%	8.88%	3.42%	2.8%	2.24%	-2.28%	14.06%	10.44%	10.98%	16.57%	102302217.03%	-100.0%	-2.31%	20.36%	165.63%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Revenue	$6.048B	$5.030B	$3.953B	$3.405B	$7.863B	$7.222B	$6.983B	$6.793B	$6.644B	$6.799B	$5.961B	$5.398B	$4.864B	$4.172B	$4.079K	$3.772B	$3.861B	$3.208B	$1.208B
Cost Of Revenue	$5.859B	$4.981B	$4.071B	$3.846B	$6.786B	$6.136B	$6.195B	$5.800B	$5.532B	$5.711B	$6.060B	$5.245B	$4.312B	$3.608B	$3.581K	$3.163B	$3.197B	$2.934B	$1.056B
Gross Profit	$189.4M	$48.60M	-$117.8M	-$440.7M	$1.077B	$1.086B	$787.7M	$992.6M	$1.112B	$1.088B	-$98.50M	$152.4M	$551.7M	$564.5M	$497.10	$608.6M	$663.6M	$273.4M	$151.2M
Gross Profit Margin	3.13%	0.97%	-2.98%	-12.94%	13.69%	15.04%	11.28%	14.61%	16.73%	16.0%	-1.65%	2.82%	11.34%	13.53%	12.19%	16.14%	17.19%	8.52%	12.52%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Selling, General & Admin	$281.8M	$279.2M	$279.9M	$237.4M	$261.4M	$210.4M	$204.7M	$230.9M	$220.8M	$233.8M	$200.8M	$172.2M	$159.9M	$156.0M	$137.10	$154.5M	$192.1M	$225.0M	$140.7M
YoY Change	0.93%	-0.25%	17.9%	-9.18%	24.24%	2.78%	-11.35%	4.57%	-5.56%	16.43%	16.61%	7.69%	2.5%	113785457.99%	-100.0%	-19.57%	-14.62%	59.91%
% of Gross Profit	148.79%	574.49%			24.28%	19.37%	25.99%	23.26%	19.86%	21.49%		112.99%	28.98%	27.64%	27.58%	25.39%	28.95%	82.3%	93.06%
Research & Development	$45.40M	$50.40M	$53.30M	$38.80M	$54.50M	$42.50M	$31.20M	$23.80M	$27.80M	$29.30M	$34.70M	$34.10M	$35.70M	$51.50M	$56.70	$48.40M	$52.30M	$104.7M	$78.30M
YoY Change	-9.92%	-5.44%	37.37%	-28.81%	28.24%	36.22%	31.09%	-14.39%	-5.12%	-15.56%	1.76%	-4.48%	-30.68%	90828824.16%	-100.0%	-7.46%	-50.05%	33.72%
% of Gross Profit	23.97%	103.7%			5.06%	3.91%	3.96%	2.4%	2.5%	2.69%		22.38%	6.47%	9.12%	11.41%	7.95%	7.88%	38.3%	51.79%
Depreciation & Amortization	$315.6M	$337.1M	$327.6M	$277.6M	$251.7M	$231.0M	$214.1M	$208.6M	$180.5M	$170.2M	$158.2M	$151.1M	$129.2M	$115.3M	$123.00	$122.4M	$105.0M	$64.80M	$31.90M
YoY Change	-6.38%	2.9%	18.01%	10.29%	8.96%	7.89%	2.64%	15.57%	6.05%	7.59%	4.7%	16.95%	12.06%	93739737.4%	-100.0%	16.57%	62.04%	103.13%
% of Gross Profit	166.63%	693.62%			23.38%	21.27%	27.18%	21.02%	16.24%	15.64%		99.15%	23.42%	20.43%	24.74%	20.11%	15.82%	23.7%	21.1%
Operating Expenses	$333.1M	$329.6M	$333.2M	$276.2M	$315.9M	$252.9M	$235.9M	$254.7M	$248.6M	$263.1M	$235.5M	$206.3M	$195.6M	$207.5M	$193.80	$202.9M	$244.4M	$329.7M	$219.0M
YoY Change	1.06%	-1.08%	20.64%	-12.57%	24.91%	7.21%	-7.38%	2.45%	-5.51%	11.72%	14.15%	5.47%	-5.73%	107069043.45%	-100.0%	-16.98%	-25.87%	50.55%
Operating Profit	-$143.7M	-$281.2M	-$459.2M	-$812.8M	$760.8M	$843.2M	$531.9M	$725.8M	$863.0M	$354.0M	-$364.3M	$92.30M	$356.1M	$357.0M	$303.30	$405.7M	$419.2M	-$56.30M	-$67.80M
YoY Change	-48.9%	-38.76%	-43.5%	-206.83%	-9.77%	58.53%	-26.72%	-15.9%	143.79%	-197.17%	-494.69%	-74.08%	-0.25%	117705142.33%	-100.0%	-3.22%	-844.58%	-16.96%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Interest Expense	-$318.7M	-$218.9M	-$240.4M	-$222.8M	-$110.3M	-$109.2M	-$35.60M	-$68.30M	-$56.80M	-$95.70M	-$68.80M	-$77.00M	-$79.40M	-$63.80M	-$34.30M	-$25.90M	-$7.800M	-$21.10M	-$10.10M
YoY Change	45.59%	-8.94%	7.9%	101.99%	1.01%	206.74%	-47.88%	20.25%	-40.65%	39.1%	-10.65%	-3.02%	24.45%	86.01%	32.43%	232.05%	-63.03%	108.91%
% of Operating Profit					-14.5%	-12.95%	-6.69%	-9.41%	-6.58%	-27.03%		-83.42%	-22.3%	-17.87%	-11308935.05%	-6.38%	-1.86%
Other Income/Expense, Net	-$140.4M	-$14.10M	$146.6M	-$77.80M	-$5.800M	-$7.000M	$44.40M	-$8.000M	-$2.200M	-$3.500M	$3.600M	$1.800M	$1.400M	-$400.0K	$6.10	-$1.200M	$8.400M	$5.900M	$1.300M
YoY Change	895.74%	-109.62%	-288.43%	1241.38%	-17.14%	-115.77%	-655.0%	263.64%	-37.14%	-197.22%	100.0%	28.57%	-450.0%	-6557477.05%	-100.0%	-114.29%	42.37%	353.85%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Pretax Income	-$610.0M	-$467.2M	-$553.3M	-$1.047B	$552.4M	$655.0M	$426.6M	$593.3M	$739.4M	$194.2M	-$499.8M	-$33.60M	$265.9M	$276.8M	$255.60	$383.9M	$419.8M	-$71.50M	-$76.60M
YoY Change	30.57%	-15.56%	-47.14%	-289.48%	-15.66%	53.54%	-28.1%	-19.76%	280.74%	-138.86%	1387.5%	-112.64%	-3.94%	108294109.7%	-100.0%	-8.55%	-687.13%	-6.66%
Income Tax	$22.50M	$5.200M	-$17.20M	-$220.2M	$132.8M	$139.8M	$180.0M	$192.1M	$20.60M	-$95.90M	$191.1M	-$24.10M	$86.90M	$78.20M	$80.90	$118.5M	$122.9M	-$88.30M	$13.70M
% Of Pretax Income					24.04%	21.34%	42.19%	32.38%	2.79%	-49.38%			32.68%	28.25%	31.65%	30.87%	29.28%
Net Earnings	-$632.9M	-$545.7M	-$540.8M	-$870.3M	$530.1M	$617.0M	$354.9M	$469.7M	$788.7M	$358.8M	-$621.4M	$34.80M	$192.4M	$218.9M	$191.70	$265.4M	$296.9M	$16.80M	-$90.30M
YoY Change	15.98%	0.91%	-37.86%	-264.18%	-14.08%	73.85%	-24.44%	-40.45%	119.82%	-157.74%	-1885.63%	-81.91%	-12.11%	114188736.72%	-100.0%	-10.61%	1667.26%	-118.6%
Net Earnings / Revenue	-10.46%	-10.85%	-13.68%	-25.56%	6.74%	8.54%	5.08%	6.91%	11.87%	5.28%	-10.42%	0.64%	3.96%	5.25%	4.7%	7.04%	7.69%	0.52%	-7.48%
Basic Earnings Per Share	-$5.78	-$5.21	-$5.19	-$8.38	$5.11	$5.71	$3.04	$3.72	$5.69	$2.55	-$4.40	$0.24	$1.36	$1.56	$1.39	$1.93
Diluted Earnings Per Share	-$5.94	-$5.21	-$5.19	-$8.38	$5.06	$5.65	$3.01	$3.70	$5.66	$2.53	-$4.40	$0.24	$1.35	$1.55	$1.37	$1.91	$2.131M	$137.7K	-$795.6K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Cash & Short-Term Investments	$823.5M	$658.6M	$1.479B	$1.873B	$2.351B	$773.6M	$423.3M	$697.7M	$957.3M	$377.9M	$420.7M	$440.7M	$177.8M	$481.6M	$369.0M	$216.5M	$133.4M	$184.3M	$241.3M
YoY Change	25.04%	-55.46%	-21.07%	-20.3%	203.84%	82.75%	-39.33%	-27.12%	153.32%	-10.17%	-4.54%	147.86%	-63.08%	30.51%	70.44%	62.29%	-27.62%	-23.62%
Cash & Equivalents	$823.5M	$658.6M	$1.479B	$1.873B	$2.351B	$773.6M	$423.3M	$697.7M	$957.3M	$377.9M	$420.7M	$440.7M	$177.8M	$481.6M	$369.0M	$216.5M	$133.4M	$184.3M	$241.3M
Short-Term Investments
Other Short-Term Assets	$52.60M	$38.50M	$40.00M	$336.6M	$99.00M	$48.60M	$55.70M	$36.90M	$30.40M	$315.6M	$130.1M	$83.20M	$79.90M	$59.10M	$71.10M	$72.80M	$87.80M	$89.10M	$11.30M
YoY Change	36.62%	-3.75%	-88.12%	240.0%	103.7%	-12.75%	50.95%	21.38%	-90.37%	142.58%	56.37%	4.13%	35.19%	-16.88%	-2.34%	-17.08%	-1.46%	688.5%
Inventory	$1.767B	$1.471B	$1.383B	$1.422B	$1.119B	$1.013B	$1.450B	$1.515B	$1.774B	$1.753B	$1.843B	$2.411B	$2.631B	$2.508B	$2.207B	$1.882B	$1.343B	$882.2M	$510.7M
Prepaid Expenses
Receivables	$1.108B	$970.8M	$846.7M	$821.7M	$1.042B	$996.6M	$709.2M	$642.1M	$518.2M	$597.9M	$544.0M	$411.6M	$256.6M	$191.5M	$151.6M	$101.1M	$153.6M	$190.9M	$98.80M
Other Receivables	$0.00	$19.70M	$58.10M	$31.10M	$32.60M	$17.90M	$13.00M	$18.40M	$18.80M	$7.700M	$6.800M	$9.100M	$10.60M	$54.60M	$54.30M	$160.9M	$125.4M	$74.00M	$0.00
Total Short-Term Assets	$3.752B	$3.158B	$3.806B	$4.485B	$4.643B	$2.849B	$2.651B	$2.910B	$3.299B	$3.052B	$2.944B	$3.355B	$3.156B	$3.295B	$2.853B	$2.433B	$1.843B	$1.421B	$862.1M
YoY Change	18.79%	-17.02%	-15.14%	-3.4%	62.95%	7.48%	-8.91%	-11.78%	8.09%	3.66%	-12.25%	6.32%	-4.22%	15.49%	17.24%	32.04%	29.73%	64.77%
Property, Plant & Equipment	$2.176B	$2.300B	$2.471B	$2.574B	$2.321B	$2.168B	$2.105B	$1.992B	$1.951B	$1.784B	$1.803B	$1.699B	$1.616B	$1.470B	$1.279B	$1.068B	$963.8M	$773.8M	$518.8M
YoY Change	-5.39%	-6.9%	-4.02%	10.94%	7.06%	2.96%	5.71%	2.1%	9.37%	-1.09%	6.17%	5.12%	9.91%	14.91%	19.75%	10.84%	24.55%	49.15%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$1.200M	$1.100M	$800.0K	$3.100M	$7.700M	$0.00	$4.700M	$4.400M	$3.200M	$1.900M	$1.400M	$5.100M	$4.500M	$4.300M	$3.900M	$3.900M	$0.00
YoY Change	9.09%	37.5%	-74.19%	-59.74%		-100.0%	6.82%	37.5%	68.42%	35.71%	-72.55%	13.33%	4.65%	10.26%	0.0%
Other Assets	$194.6M	$363.5M	$623.7M	$536.5M	$624.7M	$611.1M	$502.4M	$494.3M	$506.0M	$319.0M	$350.6M	$343.2M	$249.6M	$312.0M	$311.9M	$226.9M	$370.4M	$289.6M	$33.70M
YoY Change	-46.46%	-41.72%	16.25%	-14.12%	2.23%	21.64%	1.64%	-2.31%	58.62%	-9.01%	2.16%	37.5%	-20.0%	0.03%	37.46%	-38.74%	27.9%	759.35%
Total Long-Term Assets	$3.198B	$3.508B	$3.931B	$3.899B	$2.963B	$2.837B	$2.617B	$2.495B	$2.465B	$2.111B	$2.163B	$2.060B	$1.887B	$1.807B	$1.621B	$1.327B	$1.497B	$1.302B	$794.5M
YoY Change	-8.83%	-10.77%	0.83%	31.59%	4.46%	8.4%	4.89%	1.19%	16.81%	-2.42%	5.01%	9.19%	4.39%	11.5%	22.15%	-11.36%	15.01%	63.84%
Total Assets	$6.950B	$6.666B	$7.737B	$8.384B	$7.606B	$5.686B	$5.268B	$5.405B	$5.765B	$5.163B	$5.107B	$5.415B	$5.042B	$5.102B	$4.474B	$3.760B	$3.340B	$2.722B	$1.657B
YoY Change
Accounts Payable	$1.107B	$919.8M	$720.3M	$558.9M	$1.058B	$902.6M	$693.1M	$579.7M	$618.2M	$611.2M	$753.7M	$659.0M	$559.4M	$443.5M	$441.3M	$316.9M	$362.6M	$339.1M	$173.7M
YoY Change	20.33%	27.7%	28.88%	-47.19%	17.25%	30.23%	19.56%	-6.23%	1.15%	-18.91%	14.37%	17.8%	26.13%	0.5%	39.26%	-12.6%	6.93%	95.22%
Accrued Expenses	$429.2M	$420.0M	$384.3M	$371.1M	$246.2M	$313.1M	$269.3M	$216.2M	$230.2M	$329.1M	$220.6M	$189.3M	$200.8M	$190.7M	$161.9M	$144.3M	$163.9M	$157.4M	$125.6M
YoY Change	2.19%	9.29%	3.56%	50.73%	-21.37%	16.26%	24.56%	-6.08%	-30.05%	49.18%	16.53%	-5.73%	5.3%	17.79%	12.2%	-11.96%	4.13%	25.32%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$64.80M	$53.70M	$49.50M	$340.7M	$50.20M	$31.40M	$31.10M	$26.70M	$34.90M	$9.400M	$16.80M	$10.30M	$48.90M	$9.500M	$9.100M	$7.100M	$16.00M	$23.90M	$11.60M
YoY Change	20.67%	8.48%	-85.47%	578.69%	59.87%	0.96%	16.48%	-23.5%	271.28%	-44.05%	63.11%	-78.94%	414.74%	4.4%	28.17%	-55.63%	-33.05%	106.03%
Total Short-Term Liabilities	$2.198B	$1.953B	$1.876B	$1.709B	$1.761B	$1.582B	$1.621B	$1.544B	$1.458B	$1.259B	$1.336B	$1.067B	$913.5M	$1.165B	$982.2M	$743.3M	$675.0M	$569.7M	$311.5M
YoY Change	12.59%	4.08%	9.75%	-2.91%	11.29%	-2.4%	4.97%	5.89%	15.85%	-5.75%	25.17%	16.8%	-21.57%	18.59%	32.14%	10.12%	18.48%	82.89%
Long-Term Debt	$4.019B	$3.815B	$3.743B	$3.533B	$2.984B	$1.864B	$1.120B	$1.060B	$1.085B	$1.144B	$1.152B	$1.167B	$1.152B	$1.187B	$884.7M	$580.9M	$579.0M	$594.3M	$710.0M
YoY Change	5.34%	1.93%	5.94%	18.39%	60.09%	66.44%	5.65%	-2.33%	-5.14%	-0.64%	-1.32%	1.29%	-2.97%	34.2%	52.3%	0.33%	-2.57%	-16.3%
Other Long-Term Liabilities	$1.237B	$1.141B	$1.648B	$2.272B	$1.091B	$1.001B	$725.1M	$872.1M	$1.101B	$1.080B	$1.139B	$1.177B	$1.007B	$930.9M	$1.018B	$1.135B	$795.6M	$699.2M	$308.2M
YoY Change	8.37%	-30.75%	-27.45%	108.21%	9.0%	38.04%	-16.86%	-20.78%	1.94%	-5.2%	-3.24%	16.89%	8.2%	-8.51%	-10.37%	42.68%	13.79%	126.87%
Total Long-Term Liabilities	$5.256B	$4.956B	$5.391B	$5.805B	$4.075B	$2.865B	$1.845B	$1.932B	$2.186B	$2.224B	$2.291B	$2.344B	$2.159B	$2.118B	$1.902B	$1.716B	$1.375B	$1.294B	$1.018B
YoY Change	6.04%	-8.06%	-7.13%	42.44%	42.24%	55.28%	-4.51%	-11.62%	-1.7%	-2.91%	-2.29%	8.57%	1.94%	11.36%	10.84%	24.84%	6.27%	27.04%
Total Liabilities	$7.467B	$6.914B	$7.289B	$7.527B	$5.845B	$4.448B	$3.467B	$3.477B	$3.645B	$3.541B	$3.627B	$3.419B	$3.078B	$3.292B	$2.901B	$2.463B	$2.073B	$1.863B	$1.331B
YoY Change	8.0%	-5.15%	-3.17%	28.79%	31.39%	28.31%	-0.29%	-4.61%	2.93%	-2.36%	6.08%	11.07%	-6.48%	13.48%	17.75%	18.81%	11.28%	40.01%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Basic Shares Outstanding	106.6M shares	104.6M shares	104.2M shares	103.9M shares	103.6M shares	108.0M shares	116.8M shares	126.1M shares	138.4M shares	140.0M shares	141.3M shares	140.7M shares	139.2M shares	137.9M shares	137.2 shares
Diluted Shares Outstanding	106.6M shares	104.6M shares	104.2M shares	103.9M shares	104.7M shares	109.1M shares	117.9M shares	127.0M shares	139.4M shares	141.6M shares	141.3M shares	142.7M shares	142.3M shares	141.0M shares	139.8 shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $3.8523 Billion

About Spirit AeroSystems Holdings, Inc.

Spirit AeroSystems Holdings, Inc. engages in the design and manufacture of aero structures for commercial and defense aircraft. The company is headquartered in Wichita, Kansas and currently employs 20,655 full-time employees. The company went IPO on 2006-11-21. The firm operates in three segments: Commercial, Defense & Space, and Aftermarket. The Commercial segment includes design and manufacturing of forward, mid, and rear fuselage sections and systems, struts/pylons, nacelles (including thrust reversers) and related engine structural components, wings, and wing components (including flight control surfaces), as well as other miscellaneous structural parts for large commercial aircraft and/or business/regional jets. The firm's Defense & Space segment includes design and manufacturing of fuselage, strut, nacelle, and wing aerostructures (primarily) for United States government defense programs. The firm's Aftermarket segment includes design, manufacturing, and marketing of spare parts and maintenance, repair, and overhaul services.

Industry: Aircraft Parts & Auxiliary Equipment, NEC Peers: AEROJET ROCKETDYNE HOLDINGS, INC. AeroVironment Inc Eve Holding, Inc. HEXCEL CORP /DE/ Maxar Technologies Inc. MERCURY SYSTEMS INC PARSONS CORP RTX Corp Rocket Lab USA, Inc.