StandardAero (SARO) Investor presentation summary

Business overview and market position

• Leading independent provider of aeroengine aftermarket services with a pure play focus on engine repair and overhaul.

• Approximately 80% of revenue comes from platforms with #1 or #2 market positions, and 77% from long-term agreements.

• Global footprint spans 50+ sites across six continents, supporting a diverse customer base including commercial, military, and business aviation.

• Maintains long-standing relationships with major OEMs and operators, some exceeding 60 years.

• Holds leadership positions on many attractive engine platforms across their lifecycle.

Strategic growth drivers

• Focused on the most profitable and high-growth segment of the aftermarket, benefiting from pent-up demand, constrained capacity, and an aging global fleet.

• Synergistic engine component repair business has seen over $500M investment since 2017, with 2025 revenue of $709M and ~26% adjusted EBITDA margin.

• Proven track record of value-accretive M&A, expanding capabilities, reach, and customer base.

• Strategic priorities for 2026 include ramping LEAP and CFM56 programs, expanding component repair, and executing capital deployment including share repurchases.

Financial performance and outlook

• Q2 2026 revenue grew 4.6% YoY to $1.6B, with adjusted EBITDA up 12.3% YoY to $230M and margin rising to 14.4%.

• Commercial aerospace and business aviation segments each grew 6% YoY, while military and helicopter declined 3%.

• Adjusted diluted EPS increased 24% YoY, reflecting operational earnings growth and share count mix.

• Net debt to adjusted EBITDA improved to 2.6x from 3.0x YoY, with free cash flow of $50.2M in Q2 2026.

• 2021–2025 adjusted EBITDA CAGR was 21%, with continued focus on performance excellence, new platform wins, and M&A.