Projected Income Statement: SpaceX (Space Exploration Technologies)

Forecast Balance Sheet: SpaceX (Space Exploration Technologies)

Fiscal Period: December 2025 2026 2027 2028
Net Debt 1 - -44,398 19,094 72,311
Change - - 143.01% 278.71%
Announcement Date 3/30/26 - - -
1USD in Million
Estimates

Cash Flow Forecast: SpaceX (Space Exploration Technologies)

Fiscal Period: December 2026 2027 2028
CAPEX 1 48,024 93,421 121,554
Change - 94.53% 30.12%
Free Cash Flow (FCF) 1 -28,073 -71,885 -56,996
Change - -156.07% 20.71%
Announcement Date - - -
1USD in Million
Estimates

Forecast Financial Ratios: SpaceX (Space Exploration Technologies)

Fiscal Period: December 2025 2026 2027 2028

Profitability

    
EBITDA Margin (%) - 43.69% 52.73% 63.99%
EBIT Margin (%) - 4.32% 16.29% 33.57%
EBT Margin (%) - -2.8% 16.32% 33.21%
Net margin (%) - -4.1% 11.58% 33.25%
FCF margin (%) - -71.42% -98.27% -40.25%
FCF / Net Income (%) - 1,740.7% -848.43% -121.05%

Profitability

    
ROA - -0.08% 3.56% 9.6%
ROE - 0.13% 7.82% 24.87%

Financial Health

    
Leverage (Debt/EBITDA) - - 0.49x 0.8x
Debt / Free cash flow - - -0.27x -1.27x

Capital Intensity

    
CAPEX / Current Assets (%) - 122.18% 127.71% 85.85%
CAPEX / EBITDA (%) - 279.68% 242.17% 134.15%
CAPEX / FCF (%) - -171.07% -129.96% -213.27%

Items per share

    
Cash flow per share 1 - 1.912 5.167 6.824
Change - - 170.24% 32.08%
Dividend per Share 1 - - - -
Change - - - -
Book Value Per Share 1 - 10.52 10.87 14.71
Change - - 3.29% 35.29%
EPS 1 -8.44 -0.5266 0.6454 3.772
Change - 93.76% 222.56% 484.39%
Nbr of stocks (in thousands) - 13,174,187 13,174,187 13,174,187
Announcement Date 3/30/26 - - -
1USD
Estimates
2026 *2027 *
P/E -219x 178x
PBR 10.9x 10.6x
EV / Sales 37.4x 21x
Yield - -

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
-
Investor
-
Global
-
Quality
-
ESG MSCI
CCC
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
34
Last Close Price
115.07USD
Average target price
236.71USD
Spread / Average Target
+105.71%

Quarterly revenue - Rate of surprise

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  5. Financials SpaceX (Space Exploration Technologies)