Projected Income Statement: SpaceX (Space Exploration Technologies)

Forecast Balance Sheet: SpaceX (Space Exploration Technologies)

Fiscal Period: December 2025 2026 2027 2028
Net Debt 1 - -59,376 14,460 47,943
Change - - 124.35% 231.56%
Announcement Date 3/30/26 - - -
1USD in Million
Estimates

Cash Flow Forecast: SpaceX (Space Exploration Technologies)

Fiscal Period: December 2026 2027 2028
CAPEX 1 66,788 109,008 104,329
Change - 63.21% -4.29%
Free Cash Flow (FCF) 1 -64,595 -74,495 -50,823
Change - -15.33% 31.78%
Announcement Date - - -
1USD in Million
Estimates

Forecast Financial Ratios: SpaceX (Space Exploration Technologies)

Fiscal Period: December 2025 2026 2027 2028

Profitability

    
EBITDA Margin (%) - 46.45% 57.1% 69.26%
EBIT Margin (%) - 11.05% 18.15% 29.52%
EBT Margin (%) - 0.18% 16.74% 28.22%
Net margin (%) - 2.89% 13.53% 29.76%
FCF margin (%) - -151.06% -88.21% -35.13%
FCF / Net Income (%) - -5,221.34% -652.14% -118.05%

Profitability

    
ROA - 2.75% 5.43% 9.17%
ROE - 0.3% 6.04% 18.71%

Financial Health

    
Leverage (Debt/EBITDA) - - 0.3x 0.48x
Debt / Free cash flow - - -0.19x -0.94x

Capital Intensity

    
CAPEX / Current Assets (%) - 156.19% 129.08% 72.12%
CAPEX / EBITDA (%) - 336.22% 226.04% 104.14%
CAPEX / FCF (%) - -103.4% -146.33% -205.28%

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 - 11.03 11.33 12.93
Change - - 2.72% 14.14%
EPS 1 -8.44 -0.0832 1.004 4.137
Change - 99.01% 1,306.37% 312.04%
Nbr of stocks (in thousands) - 13,181,780 13,181,780 13,181,780
Announcement Date 3/30/26 - - -
1USD
Estimates
2026 *2027 *
P/E -1,301x 108x
PBR 9.82x 9.56x
EV / Sales 32x 17.1x
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
35
Last Close Price
108.27USD
Average target price
228.95USD
Spread / Average Target
+111.46%

Quarterly revenue - Rate of surprise

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  5. Financials SpaceX (Space Exploration Technologies)