Projected Income Statement: SpaceX (Space Exploration Technologies)

Forecast Balance Sheet: SpaceX (Space Exploration Technologies)

Fiscal Period: December 2025 2026 2027 2028
Net Debt 1 - -47,310 58,900 152,251
Change - - 224.5% 158.49%
Announcement Date 30/03/26 - - -
1USD in Million
Estimates

Cash Flow Forecast: SpaceX (Space Exploration Technologies)

Fiscal Period: December 2026 2027 2028
CAPEX 1 66,455 166,516 194,721
Change - 150.57% 16.94%
Free Cash Flow (FCF) 1 -46,917 -109,373 -84,086
Change - -133.12% 23.12%
Announcement Date - - -
1USD in Million
Estimates

Forecast Financial Ratios: SpaceX (Space Exploration Technologies)

Fiscal Period: December 2025 2026 2027 2028

Profitability

    
EBITDA Margin (%) - 46.57% 57.63% 65.68%
EBIT Margin (%) - 9.74% 26.04% 35.96%
EBT Margin (%) - 2.74% 25.61% 32.69%
Net margin (%) - 2.26% 23.81% 29.74%
FCF margin (%) - -105.15% -97.3% -42.84%
FCF / Net Income (%) - -4,661.87% -408.66% -144.05%

Profitability

    
ROA - 1.2% 10.98% 18.83%
ROE - 0.13% 13.74% 27.68%

Financial Health

    
Leverage (Debt/EBITDA) - - 0.91x 1.18x
Debt / Free cash flow - - -0.54x -1.81x

Capital Intensity

    
CAPEX / Current Assets (%) - 148.93% 148.14% 99.21%
CAPEX / EBITDA (%) - 319.81% 257.05% 151.05%
CAPEX / FCF (%) - -141.64% -152.25% -231.57%

Items per share

    
Cash flow per share 1 - 2.731 4.862 11.15
Change - - 78.06% 129.34%
Dividend per Share 1 - - - -
Change - - - -
Book Value Per Share 1 - 16.02 16.31 22.17
Change - - 1.84% 35.94%
EPS 1 -8.44 -0.0376 1.881 4.357
Change - 99.55% 5,097.32% 131.56%
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 -3,864x 77.3x
PBR 9.08x 8.92x
EV / Sales 43.2x 18.1x
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
37
Last Close Price
145.47USD
Average target price
223.82USD
Spread / Average Target
+53.86%

Quarterly revenue - Rate of surprise

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  5. Financials SpaceX (Space Exploration Technologies)