ATI vs StandardAero
StandardAero reported revenue of $6.1 billion in fiscal 2025, 1.3 times ATI's $4.6 billion in fiscal 2025. ATI's revenue grew 5.2% in its latest year, and StandardAero's grew 15.8%. ATI had an operating margin of 14.0%, against 9.1% at StandardAero. Free cash flow was $334 million at ATI and $234 million at StandardAero. Their fiscal years end in different months (December 28 and December 31), so the periods don't line up exactly.
Side by side
| ATI | StandardAero | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 28, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $4.6B | $6.1B |
| Revenue growth | 5.2% | 15.8% |
| Revenue growth a year, last 5 years | 9.0% | — |
| Gross margin | 21.9% | 14.8% |
| Operating margin | 14.0% | 9.1% |
| Net margin | 8.8% | 4.6% |
| Free cash flow | $334M | $234M |
| Free cash flow margin | 7.3% | 3.9% |
| Return on capital | 16.7% | 8.9% |
| Net debt to EBITDA | 1.6x | 2.6x |
| Dividends and buybacks | $470M | $0M |
| Change in diluted share count | −3.3% | 15.4% |
| Last close | $164.54 | $22.44 |
| P/E at the last close | 48.3× | 23.1× |
| Insider trades, last 12 months | sold $82.6 million | bought $983,588, sold $2.5 billion |
| Piotroski F-score | 9 of 9 | 8 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
ATIStandardAero
Operating margin
Percent of revenue
ATIStandardAero
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
ATIStandardAero
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the ATI and StandardAero pages.