Projected Income Statement: SpaceX (Space Exploration Technologies)

Forecast Balance Sheet: SpaceX (Space Exploration Technologies)

Fiscal Period: December 2025 2026 2027 2028
Net Debt 1 - -47,258 42,850 152,832
Change - - 190.67% 256.67%
Announcement Date 30/03/26 - - -
1USD in Million
Estimates

Cash Flow Forecast: SpaceX (Space Exploration Technologies)

Fiscal Period: December 2026 2027 2028
CAPEX 1 64,848 150,666 175,034
Change - 132.34% 16.17%
Free Cash Flow (FCF) 1 -52,213 -106,216 -83,150
Change - -103.43% 21.72%
Announcement Date - - -
1USD in Million
Estimates

Forecast Financial Ratios: SpaceX (Space Exploration Technologies)

Fiscal Period: December 2025 2026 2027 2028

Profitability

    
EBITDA Margin (%) - 48.96% 59.98% 68.46%
EBIT Margin (%) - 11.56% 25.31% 36.43%
EBT Margin (%) - 3.81% 26.47% 34.3%
Net margin (%) - 3.23% 24.74% 31.54%
FCF margin (%) - -116.99% -100.71% -45.09%
FCF / Net Income (%) - -3,623.1% -407% -142.93%

Profitability

    
ROA - 2.85% 11.28% 19.04%
ROE - 2.8% 12.03% 25.16%

Financial Health

    
Leverage (Debt/EBITDA) - - 0.68x 1.21x
Debt / Free cash flow - - -0.4x -1.84x

Capital Intensity

    
CAPEX / Current Assets (%) - 145.3% 142.86% 94.91%
CAPEX / EBITDA (%) - 296.8% 238.19% 138.63%
CAPEX / FCF (%) - -124.2% -141.85% -210.5%

Items per share

    
Cash flow per share 1 - 2.088 3.521 6.764
Change - - 68.64% 92.07%
Dividend per Share 1 - - - -
Change - - - -
Book Value Per Share 1 - 16.54 16.65 22.21
Change - - 0.63% 33.42%
EPS 1 -8.44 0.1236 1.782 4.266
Change - 101.46% 1,341.63% 139.43%
Nbr of stocks (in thousands) - 13,572,822 13,572,822 13,572,822
Announcement Date 30/03/26 - - -
1USD
Estimates
2026 *2027 *
P/E 1,116x 77.4x
PBR 8.34x 8.29x
EV / Sales 40.9x 18.2x
Yield - -

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
35
Last Close Price
137.95USD
Average target price
220.35USD
Spread / Average Target
+59.73%

Quarterly revenue - Rate of surprise

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