Projected Income Statement: SpaceX (Space Exploration Technologies)

Forecast Balance Sheet: SpaceX (Space Exploration Technologies)

Fiscal Period: December 2025 2026 2027 2028
Net Debt 1 - -61,540 8,406 26,901
Change - - 113.66% 220.02%
Announcement Date 30/03/26 - - -
1USD in Million
Estimates

Cash Flow Forecast: SpaceX (Space Exploration Technologies)

Fiscal Period: December 2026 2027 2028
CAPEX 1 70,604 116,577 108,655
Change - 65.11% -6.8%
Free Cash Flow (FCF) 1 -42,764 -78,213 -54,050
Change - -82.9% 30.89%
Announcement Date - - -
1USD in Million
Estimates

Forecast Financial Ratios: SpaceX (Space Exploration Technologies)

Fiscal Period: December 2025 2026 2027 2028

Profitability

    
EBITDA Margin (%) - 46.85% 56.2% 70.91%
EBIT Margin (%) - 10.43% 16.63% 29.19%
EBT Margin (%) - 0.46% 15.94% 29.74%
Net margin (%) - 2.1% 10.83% 28.53%
FCF margin (%) - -99.86% -90.69% -37.54%
FCF / Net Income (%) - -4,758.59% -837.41% -131.56%

Profitability

    
ROA - 0.2% 1.03% 2.5%
ROE - 4.32% 6.36% 18.88%

Financial Health

    
Leverage (Debt/EBITDA) - - 0.17x 0.26x
Debt / Free cash flow - - -0.11x -0.5x

Capital Intensity

    
CAPEX / Current Assets (%) - 164.87% 135.18% 75.46%
CAPEX / EBITDA (%) - 351.94% 240.53% 106.42%
CAPEX / FCF (%) - -165.1% -149.05% -201.03%

Items per share

    
Cash flow per share 1 - 1.768 6.417 9.225
Change - - 263.02% 43.76%
Dividend per Share 1 - - - -
Change - - - -
Book Value Per Share 1 - 11.07 12.92 16.34
Change - - 16.69% 26.51%
EPS 1 -8.44 -0.0975 0.944 4.348
Change - 98.84% 1,068.05% 360.59%
Nbr of stocks (in thousands) - 13,181,780 13,181,780 13,181,780
Announcement Date 30/03/26 - - -
1USD
Estimates
2026 *2027 *
P/E -1,110x 115x
PBR 9.78x 8.38x
EV / Sales 31.9x 16.6x
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
108.27USD
Average target price
232.44USD
Spread / Average Target
+114.68%

Quarterly revenue - Rate of surprise

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  5. Financials SpaceX (Space Exploration Technologies)