StandardAero第三季度营收增4%至15.6亿美元：上调全年指引，拟3.5亿美元加速回购
位于亚利桑那州马里科帕县 Scottsdale 市的航空发动机售后服务公司 StandardAero 11月5日公布2026年第三季度业绩，上调全年指引，并宣布一项3.5亿美元的加速回购安排。
第三季度营收为15.574亿美元，同比增长4.0%，三个主要终端市场均录得增长：公务航空增长7.4%，军用与直升机增长7.2%，商用航空增长1.3%。净利润为9,280万美元，同比增长36.2%，摊薄每股收益0.28美元，净利率6.0%；调整后摊薄每股收益0.39美元，同比增长30%；调整后 EBITDA 为2.249亿美元，同比增长15.0%。当季经营现金流为1.289亿美元，调整后自由现金流为9,920万美元。
分部方面，发动机服务分部营收13.688亿美元，同比增长3.5%，调整后 EBITDA 为2.051亿美元，同比大增24.0%；部件维修服务分部营收1.887亿美元，同比增长7.3%，调整后 EBITDA 为4,860万美元，同比下降9.9%。
资本安排方面，董事会已于10月28日批准把股票回购授权增加5.60亿美元、总额升至10亿美元，目前已回购约1.601亿美元、剩余额度8.50亿美元；公司拟与 Morgan Stanley 签订3.50亿美元的加速回购协议，完成该笔回购后授权内仍约有5亿美元可用。
首席执行官 Paul McElhinney 表示，尽管燃油价格高企、地缘局势不确定，调整后每股收益仍增长30%、调整后 EBITDA 增长15%，发动机服务创纪录的24%增长支撑公司再次上调全年指引。
公司把2026年全年营收指引上调至65.25亿至66.45亿美元，调整后 EBITDA 指引上调至9.05亿至9.20亿美元，调整后摊薄每股收益指引为1.57至1.62美元。公司于11月5日举行电话会议说明业绩。（来源：StandardAero）
StandardAero Q3 Revenue Rises 4% to $1.56 Billion: Raises Guidance, Plans $350 Million Accelerated Repurchase
StandardAero, the aviation engine aftermarket services company based in Scottsdale, Maricopa County, Arizona, on November 5 reported third-quarter 2026 results, raised its full-year guidance and announced a $350 million accelerated share repurchase.
Revenue was $1,557.4 million, up 4.0%, with growth across all three major end markets: business aviation up 7.4%, military and helicopter up 7.2% and commercial aerospace up 1.3%. Net income was $92.8 million, up 36.2%, or $0.28 per diluted share, for a 6.0% net income margin. Adjusted diluted EPS was $0.39, up 30%, and adjusted EBITDA was $224.9 million, up 15.0%. Operating cash flow was $128.9 million and adjusted free cash flow was $99.2 million.
By segment, Engine Services revenue was $1,368.8 million, up 3.5%, with adjusted EBITDA of $205.1 million, up 24.0%. Component Repair Services revenue was $188.7 million, up 7.3%, while its adjusted EBITDA fell 9.9% to $48.6 million.
On capital returns, the board on October 28 approved a $560 million increase to the share repurchase program, bringing total authorization to $1.0 billion, with $850 million remaining after about $160.1 million repurchased to date. The company intends to enter a $350 million accelerated share repurchase agreement with Morgan Stanley, after which about $500 million would remain available.
CEO Paul McElhinney said that despite elevated fuel prices and geopolitical uncertainty, adjusted diluted EPS grew 30% and adjusted EBITDA grew 15%, with record 24% adjusted EBITDA growth in Engine Services supporting another increase to full-year guidance.
The company raised full-year 2026 revenue guidance to $6.525 billion to $6.645 billion, adjusted EBITDA guidance to $905 million to $920 million, and adjusted diluted EPS guidance to $1.57 to $1.62. Management discussed the results on a November 5 conference call. (Source: StandardAero)
来源：StandardAero
发布：GSM·美国（发布链接）
图片来源：图：喷气发动机维修作业（资料画面，非该公司设施）。美国海军陆战队经 DVIDS 发布，公共领域，经 Wikimedia Commons。 / Photo: Jet engine maintenance work (file photo, not a company facility). U.S. Marine Corps via DVIDS, public domain, via Wikimedia Commons.
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