Projected Income Statement: SpaceX (Space Exploration Technologies)

Forecast Balance Sheet: SpaceX (Space Exploration Technologies)

Fiscal Period: December 2025 2026 2027 2028
Net Debt 1 - -62,246 -8,497 2,823
Change - - 86.35% 133.22%
Announcement Date 30/3/26 - - -
1USD in Million
Estimates

Cash Flow Forecast: SpaceX (Space Exploration Technologies)

Fiscal Period: December 2026 2027 2028
CAPEX 1 68,183 97,755 92,620
Change - 43.37% -5.25%
Free Cash Flow (FCF) 1 -47,357 -64,639 -49,120
Change - -36.49% 24.01%
Announcement Date - - -
1USD in Million
Estimates

Forecast Financial Ratios: SpaceX (Space Exploration Technologies)

Fiscal Period: December 2025 2026 2027 2028

Profitability

    
EBITDA Margin (%) - 48.77% 60% 70.51%
EBIT Margin (%) - 12.41% 21.93% 33.41%
EBT Margin (%) - 5.82% 22.65% 34.29%
Net margin (%) - 3.28% 14.73% 32.93%
FCF margin (%) - -107.81% -72.48% -31.53%
FCF / Net Income (%) - -3,284.6% -492.17% -95.74%

Profitability

    
ROA - 0.2% 1.03% 2.5%
ROE - 4.32% 6.36% 20.3%

Financial Health

    
Leverage (Debt/EBITDA) - - - 0.03x
Debt / Free cash flow - - - -0.06x

Capital Intensity

    
CAPEX / Current Assets (%) - 155.22% 109.61% 59.46%
CAPEX / EBITDA (%) - 318.25% 182.68% 84.32%
CAPEX / FCF (%) - -143.98% -151.23% -188.56%

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 - 12.03 14.02 18.84
Change - - 16.55% 34.44%
EPS 1 -8.44 0.00306 1.253 4.614
Change - 100.04% 40,848.04% 268.26%
Nbr of stocks (in thousands) - 13,181,780 13,181,780 13,181,780
Announcement Date 30/3/26 - - -
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)