
Spirit AeroSystems Holdings, Inc.
NYSE•SPR
CEO: Hon. Patrick M. Shanahan
Sector: Industrials
Industry: Aerospace & Defense
Listing Date: 2006-11-28
Spirit AeroSystems Holdings, Inc. engages in the design, engineering, manufacture, and marketing of commercial aerostructures worldwide. It operates through three segments: Commercial, Defense & Space, and Aftermarket. The Commercial segment offers forward, mid, and rear fuselage sections and systems, floor beams, nacelles, struts/pylons, horizontal and vertical stabilizers, flaps and slats flight control surfaces, wing structures, and wing systems. This segment primarily serves commercial and business/regional jet programs. The Defense & Space segment engages in the fabrication, bonding, assembly, testing, tooling, processing, engineering analysis, and training on fuselage, strut, nacelle, and wing aerostructures; provision of missiles and hypersonics solutions, such as solid rocket motor throats, nozzles, re-entry vehicle thermal protections systems; forward cockpit and cabin, and fuselage work on rotorcraft aerostructures; and classified programs. This segment primarily serves U.S. Government defense programs. The Aftermarket segment provides maintenance, repair, and overhaul services; fuselage, strut, nacelle, and wing aerostructures spare parts; repair services for radome, flight control surfaces, and nacelles; rotable assets trading and leasing; and engineering services. This segment primarily serves both commercial and defense and space programs. The company was formerly known as Mid-Western Aircraft Systems Holdings, Inc. Spirit AeroSystems Holdings, Inc. was founded in 1927 and is headquartered in Wichita, Kansas.
Contact Information
Market Cap
$4.64B
P/E (TTM)
-1.8
34.2
Dividend Yield
--
52W High
$42.33
52W Low
$27.00
52W Range
Rank48Top 50.7%
3.7
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 3.7 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024
Financial Dashboard
Q3 2025 Data
Revenue
$1.59B+7.81%
4-Quarter Trend
EPS
-$6.16+51.33%
4-Quarter Trend
FCF
-$229.70M-28.86%
4-Quarter Trend
2025 Q3 Earnings Highlights
Key Highlights
Net Revenue Increased Slightly Nine months net revenues reached $4.74B USD, marking a 1.7% increase from $4.67B USD last year, driven by Airbus/Defense.
Boeing Shipset Deliveries Jump Boeing shipsets delivered totaled 423 units for nine months, significantly up from 216 units delivered in the prior comparable period.
Boeing Advances Outstanding Outstanding cash advances from Boeing total $478.6M USD under the current agreement, providing essential operational liquidity support.
Asset Sales Impacted Results Dispositions resulted in a net $26.6M loss reflected in Gain/Loss on dispositions for the nine months ended October 2, 2025.
Risk Factors
Net Loss Significantly Worsened Nine months net loss widened to ($1.97B) USD from ($1.51B) USD previously, reflecting higher forward loss charges and lower margins.
Major Forward Loss Charges Unfavorable estimate changes totaled $1.12B USD for nine months, driven by B737 program schedule changes and supply chain costs.
Going Concern Doubt Remains Substantial doubt about ability to continue as going concern exists; additional funding required to sustain operations over next 12 months.
Gross Loss Increased Substantially Nine months gross loss increased to ($1.31B) USD versus ($915.0M) USD prior year, driven by program margin deterioration.
Outlook
Boeing Merger Expected Closing Merger closing with Boeing remains expected in the fourth quarter of 2025, subject to satisfaction of all required regulatory approvals.
Airbus Sale Closing Timeline Malaysia Business Disposition expected to close in Q4 2025; Airbus Business Disposition closes concurrently with Boeing Merger.
Liquidity Plans Underway Management evaluating strategies including restructuring, layoffs, and seeking additional customer advances to improve liquidity needs.
Peer Comparison
Revenue (TTM)
SPR$6.39B
ENS$3.73B
$1.88B
Gross Margin (Latest Quarter)
57.6%
ENS29.1%
MRCY27.9%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| HXL | $5.78B | 84.3 | 4.5% | 27.5% |
| ENS | $5.17B | 15.6 | 18.0% | 29.8% |
| PL | $4.98B | -55.4 | -20.3% | 2.5% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-1.3%
Flat Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
25%
Cash Flow Needs Attention
Research & Insights
Next earnings:Feb 27, 2026
EPS:-
|Revenue:-
Reports
All Years
Form 10-Q - Q3 2025
Period End: Oct 2, 2025|Filed: Oct 31, 2025|Revenue: $1.59B+7.8%|EPS: $-6.16+51.3%MissForm 10-Q - Q2 2025
Period End: Jul 3, 2025|Filed: Aug 5, 2025|Revenue: $1.64B+9.6%|EPS: $-5.36+50.6%MissForm 10-Q - Q1 2025
Period End: Apr 3, 2025|Filed: May 1, 2025|Revenue: $1.52B-10.6%|EPS: $-5.21-1.9%MissForm 10-K - FY 2024
Period End: Dec 31, 2024|Filed: Feb 28, 2025|Revenue: $6.32B+4.4%|EPS: $-18.32-215.9%MissForm 10-Q - Q3 2024
Period End: Sep 26, 2024|Filed: Nov 5, 2024|Revenue: $1.47B+2.2%|EPS: $-4.07+109.8%MissForm 10-Q - Q2 2024
Period End: Jun 27, 2024|Filed: Aug 5, 2024|Revenue: $1.49B+9.3%|EPS: $-3.56+81.6%MissForm 10-Q - Q1 2024
Period End: Mar 28, 2024|Filed: May 7, 2024|Revenue: $1.70B+19.0%|EPS: $-5.31+98.1%MissForm 10-K - FY 2023
Period End: Dec 31, 2023|Filed: Feb 22, 2024|Revenue: $6.05B+20.2%|EPS: $-5.78-10.9%Miss