ST

StandardAero

SARO
NYSEIndustrials
$26.91
USD
+0.96(+3.70%)
At close: Jun 12, 20:00 UTC

Open

$26.79

Prev. Close

$26.79

High

$26.97

Low

$26.76

Market Snapshot

Market Cap

$8.95B

P/E Ratio

30.4

EPS

0.22

Revenue

$5.44B

Why SARO moved

StandardAero announces CEO Russell Ford's retirement, appointing Paul McElhinney to drive strategic growth initiatives as the company aims for significant advancements by 2026.

About

StandardAero, Inc. engages in the provision of aerospace engine aftermarket services for fixed and rotary wing aircraft, serving the commercial, military, and business aviation end markets. The company is headquartered in Scottsdale, Arizona and currently employs 8,000 full-time employees. The company went IPO on 2024-10-02. The firm provides a comprehensive suite of critical, value-added aftermarket solutions, including engine maintenance, repair and overhaul, engine component repair, on-wing and field service support, asset management and engineering solutions. The firm's segments include Engine Services and Component Repair Services. The Engine Services segment provides engine and airframe maintenance, repair, overhaul and related services to customers in the commercial aerospace, military & helicopter, and business aviation end markets. The Component Repair Services segment supports the commercial aerospace, military and helicopter and other end markets, including marine and land, and oil and gas with engine piece part repair, accessory repair and engine new part manufacturing.

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