Sector: Industrials | Industry: Aerospace & Defense |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 3801 South Oliver WICHITA KS 67210 |
Tel: | N/A |
Website: | https://www.spiritaero.com |
IR: | See website |
Key People | ||
Patrick M. Shanahan President, Chief Executive Officer, Director | Mark Miklos Senior Vice President of Spirit AeroSystems Defense & Space | Mark Suchinski Chief Financial Officer, Senior Vice President |
Justin Welner Senior Vice President, Chief Administrative Officer and Compliance Officer | Mindy Mcpheeters Senior Vice President, General Counsel, Corporate Secretary | Sean Black Senior Vice President - Engineering and R and T |
William E. Brown Senior Vice President - Quality and Ops Engineering | Terry George Senior Vice President of Wichita and Tulsa Operations | Kailash Krishnaswamy Senior Vice President - Aftermarket Services | Scott Mclarty Senior Vice President, Airbus & Regional/Business Jets Programs |
Business Overview |
Spirit AeroSystems Holdings, Inc. is a non-original equipment manufacturer (OEM) manufacturer of aerostructures, serving markets for commercial airplanes, military platforms and business/regional jets. The Company operates in three segments: Commercial, Defense & Space, and Aftermarket. The Commercial segment includes design and manufacturing of forward, mid, and rear fuselage sections and systems, struts/pylons, nacelles (including thrust reversers) and related engine structural components, wings, and wing components (including flight control surfaces), as well as other miscellaneous structural parts for large commercial aircraft and/or business/regional jets. The Company's Defense & Space segment includes design and manufacturing of fuselage, strut, nacelle, and wing aerostructures (primarily) for United States government defense programs. The Company's Aftermarket segment includes design, manufacturing, and marketing of spare parts and maintenance, repair, and overhaul services. |
Financial Overview |
For the fiscal year ended 31 December 2023, Spirit AeroSystems Holdings Inc revenues increased 20% to $6.05B. Net loss increased 13% to $616.2M. Revenues reflect Commercial segment increase of 20% to $4.89B, Defence and space segment increase of 21% to $789M, Aftermarket segment increase of 20% to $373.9M, United States segment increase of 22% to $4.67B, Other segment increase of 37% to $798.3M. |
Employees: | 20,655 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $7,403M as of Dec 31, 2023 |
Annual revenue (TTM): | $6,048M as of Dec 31, 2023 |
EBITDA (TTM): | $188.60M as of Dec 31, 2023 |
Net annual income (TTM): | -$616.20M as of Dec 31, 2023 |
Free cash flow (TTM): | -$373.80M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $3,260M as of Dec 31, 2023 |
Shares outstanding: | 116,225,090 as of Feb 26, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |