NYSE : AVEX

AEVEX Corp. — Financial statements

Industrials · Aerospace & Defense · United States

Last price 12.22 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 1.39B

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Financial statements

AEVEX Corp. (AVEX) reported revenue of 697.02M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.

Income statement

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024
Revenue697.02M432.93M392.19M
Cost of Revenue520.02M338.63M281.92M
Gross Profit177.01M94.30M110.27M
Selling, General & Admin60.30M41.63M33.52M
Research & Development17.73M25.44M13.00M
Amortization of Goodwill & Intangibles16.69M16.61M18.12M
Operating Expenses94.72M83.67M64.63M
Operating Income82.28M10.63M45.64M
Interest Expense-27.31M-32.35M-29.58M
Interest & Investment Income1.57M699.00K1.44M
Other Non Operating Income (Expenses)1.30M6.84M129.00K
EBT Excluding Unusual Items57.84M-14.17M17.62M
Merger & Restructuring Charges-2.27M-264.00K
Other Unusual Items-2.97M-2.44M61.60M
Pretax Income52.61M-16.61M78.96M
Income Tax Expense2.54M171.00K363.00K
Earnings From Continuing Operations50.06M-16.78M78.59M
Minority Interest in Earnings-4.52M-106.00K-44.00K
Net Income45.54M-16.89M78.55M
Preferred Dividends & Other Adjustments23.10M450.00K
Net Income to Common22.44M-17.34M78.55M
Shares Outstanding (Basic)56.47M88.53M80.43M
Shares Outstanding (Diluted)56.47M88.53M88.22M
EPS (Basic)0.40-0.200.98
EPS (Diluted)0.39-0.200.38
Free Cash Flow-68.69M-106.11M56.43M
Free Cash Flow Per Share-1.22-1.200.64
Gross Margin25.39%21.78%28.12%
Operating Margin11.80%2.46%11.64%
Profit Margin3.22%-4.00%20.03%
Free Cash Flow Margin-9.86%-24.51%14.39%
EBITDA103.77M32.00M66.98M
EBITDA Margin14.89%7.39%17.08%
D&A For EBITDA21.48M21.37M21.34M
EBIT82.28M10.63M45.64M
EBIT Margin11.80%2.46%11.64%
Effective Tax Rate4.83%0.46%
Revenue as Reported697.02M432.93M392.19M
Advertising Expenses545.00K175.00K

Balance sheet

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024
Cash & Equivalents215.24M27.91M45.60M
Cash & Short-Term Investments215.24M27.91M45.60M
Receivables188.61M134.90M41.87M
Inventory12.67M4.13M9.02M
Prepaid Expenses14.42M15.36M
Other Current Assets8.12M3.89M
Total Current Assets431.43M190.42M100.38M
Property, Plant & Equipment28.66M27.28M31.00M
Goodwill292.33M292.33M292.33M
Other Intangible Assets103.83M112.11M127.87M
Other Long-Term Assets7.57M4.85M5.06M
Total Assets948.09M627.00M556.63M
Accounts Payable30.73M23.70M7.56M
Accrued Expenses22.06M12.52M7.21M
Current Portion of Long-Term Debt2.50M2.72M2.72M
Current Portion of Leases3.15M3.43M3.12M
Current Unearned Revenue16.64M10.94M3.16M
Other Current Liabilities1.10M9.24M15.79M
Total Current Liabilities76.18M62.55M39.56M
Long-Term Debt96.61M255.78M257.70M
Long-Term Leases5.84M4.70M7.19M
Other Long-Term Liabilities95.93M87.91M
Total Liabilities274.56M323.03M392.36M
Common Stock11.00K199.02M159.53M
Total Common Equity-533.71M199.02M159.53M
Minority Interest1.21B4.58M4.75M
Shareholders' Equity673.53M303.97M164.27M
Total Liabilities & Equity948.09M627.00M556.63M
Total Debt108.10M266.63M270.73M
Net Cash (Debt)107.14M-238.72M-225.12M
Net Cash Per Share1.90-2.70-2.55
Filing Date Shares Outstanding56.47M88.53M80.75M
Total Common Shares Outstanding56.47M88.53M80.75M
Working Capital355.26M127.87M60.81M
Book Value Per Share-9.452.251.98
Tangible Book Value-929.86M-205.43M-260.67M
Tangible Book Value Per Share-16.47-2.32-3.23
Machinery30.70M28.92M
Leasehold Improvements4.99M3.22M
Order Backlog503.12M179.25M

Cash flow statement

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024
Net Income45.54M-16.89M78.55M
Depreciation & Amortization21.48M21.37M21.34M
Other Amortization664.00K983.00K1.09M
Loss (Gain) From Sale of Assets9.00K-110.00K
Stock-Based Compensation1.89M173.00K
Provision & Write-off of Bad Debts114.00K
Other Operating Activities17.40M7.60M-51.38M
Change in Accounts Receivable-112.40M-93.03M81.93M
Change in Inventory-2.31M7.69M-4.87M
Change in Accounts Payable14.57M16.11M-19.38M
Change in Unearned Revenue9.89M7.78M-2.88M
Change in Other Net Operating Assets-57.90M-49.42M-39.49M
Operating Cash Flow-61.16M-97.64M64.91M
Capital Expenditures-7.53M-8.47M-8.48M
Sale of Property, Plant & Equipment235.00K318.00K
Cash Acquisitions-500.00K-2.08M-3.02M
Investing Cash Flow-7.80M-10.54M-11.18M
Short-Term Debt Issued40.00M15.00M
Long-Term Debt Issued54.45M
Total Debt Issued474.04M40.00M69.45M
Short-Term Debt Repaid-40.00M-15.00M
Long-Term Debt Repaid-2.72M-2.58M
Total Debt Repaid-300.50M-42.72M-17.58M
Net Debt Issued (Repaid)173.54M-2.72M51.87M
Common Dividends Paid-8.00M-5.00M-90.85M
Other Financing Activities-15.61M-1.71M-19.95M
Financing Cash Flow265.13M90.49M-58.93M
Net Cash Flow196.17M-17.70M-5.20M
Free Cash Flow-68.69M-106.11M56.43M
Free Cash Flow Margin-9.86%-24.51%14.39%
Free Cash Flow Per Share-1.22-1.200.64
Levered Free Cash Flow-84.57M
Unlevered Free Cash Flow-65.34M
Cash Interest Paid25.16M31.00M28.21M
Cash Income Tax Paid991.00K-83.00K67.00K
Change in Working Capital-148.15M-110.87M15.31M

Ratios

Fiscal year January - December; amounts in USD.

TTMFY2025FY2024
Market Capitalization1.33B
Enterprise Value1.23B
Debt / Equity Ratio0.160.881.65
Debt / EBITDA Ratio1.007.353.81
Debt / FCF Ratio4.80
Net Debt / Equity Ratio-0.160.791.37
Net Debt / EBITDA Ratio-1.037.463.36
Net Debt / FCF Ratio1.56-2.253.99
Asset Turnover0.73
Inventory Turnover51.51
Quick Ratio5.302.602.21
Current Ratio5.663.042.54
Return on Equity (ROE)-7.17%
Return on Assets (ROA)1.12%
Return on Invested Capital (ROIC)13.66%2.28%11.67%
Return on Capital Employed (ROCE)9.40%1.90%8.80%
Payout Ratio115.66%
Buyback Yield / Dilution-0.36%