Projected Income Statement: SpaceX (Space Exploration Technologies)

Forecast Balance Sheet: SpaceX (Space Exploration Technologies)

Fiscal Period: December 2025 2026 2027 2028
Net Debt 1 - -44,621 70,102 175,167
Change - - 257.11% 149.87%
Announcement Date 30/3/26 - - -
1USD in Million
Estimates

Cash Flow Forecast: SpaceX (Space Exploration Technologies)

Fiscal Period: December 2026 2027 2028
CAPEX 1 66,500 168,149 194,783
Change - 152.86% 15.84%
Free Cash Flow (FCF) 1 -51,546 -112,922 -89,414
Change - -119.07% 20.82%
Announcement Date - - -
1USD in Million
Estimates

Forecast Financial Ratios: SpaceX (Space Exploration Technologies)

Fiscal Period: December 2025 2026 2027 2028

Profitability

    
EBITDA Margin (%) - 48.78% 58.23% 65.62%
EBIT Margin (%) - 11.47% 26.41% 35.72%
EBT Margin (%) - 4.76% 25.99% 32.25%
Net margin (%) - 4.26% 24.42% 30.05%
FCF margin (%) - -115.64% -99.85% -45.28%
FCF / Net Income (%) - -2,716.02% -408.9% -150.72%

Profitability

    
ROA - 2.85% 11.28% 19.04%
ROE - 2.54% 13.02% 26.06%

Financial Health

    
Leverage (Debt/EBITDA) - - 1.06x 1.35x
Debt / Free cash flow - - -0.62x -1.96x

Capital Intensity

    
CAPEX / Current Assets (%) - 149.18% 148.68% 98.65%
CAPEX / EBITDA (%) - 305.82% 255.34% 150.33%
CAPEX / FCF (%) - -129.01% -148.91% -217.85%

Items per share

    
Cash flow per share 1 - 2.088 4.467 10.23
Change - - 113.91% 129.03%
Dividend per Share 1 - - - -
Change - - - -
Book Value Per Share 1 - 16 16.3 22.14
Change - - 1.91% 35.83%
EPS 1 -8.44 -0.0233 1.949 4.476
Change - 99.72% 8,476.36% 129.66%
Nbr of stocks (in thousands) - 13,572,822 13,572,822 13,572,822
Announcement Date 30/3/26 - - -
1USD
Estimates
2026 *2027 *
P/E -6,483x 77.4x
PBR 9.43x 9.25x
EV / Sales 44.9x 18.7x
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
150.86USD
Average target price
226.00USD
Spread / Average Target
+49.81%

Quarterly revenue - Rate of surprise

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  5. Financials SpaceX (Space Exploration Technologies)