Projected Income Statement: SpaceX (Space Exploration Technologies)

Forecast Balance Sheet: SpaceX (Space Exploration Technologies)

Fiscal Period: December 2025 2026 2027 2028
Net Debt 1 - -47,258 54,698 150,404
Change - - 215.74% 174.97%
Announcement Date 3/30/26 - - -
1USD in Million
Estimates

Cash Flow Forecast: SpaceX (Space Exploration Technologies)

Fiscal Period: December 2026 2027 2028
CAPEX 1 64,848 150,666 175,034
Change - 132.34% 16.17%
Free Cash Flow (FCF) 1 -52,213 -106,216 -83,150
Change - -103.43% 21.72%
Announcement Date - - -
1USD in Million
Estimates

Forecast Financial Ratios: SpaceX (Space Exploration Technologies)

Fiscal Period: December 2025 2026 2027 2028

Profitability

    
EBITDA Margin (%) - 48.96% 59.98% 68.74%
EBIT Margin (%) - 11.56% 25.31% 36.41%
EBT Margin (%) - 3.81% 26.47% 34.28%
Net margin (%) - 3.23% 24.74% 33.27%
FCF margin (%) - -116.99% -100.71% -45.06%
FCF / Net Income (%) - -3,623.1% -407% -135.42%

Profitability

    
ROA - 2.85% 11.28% 22.42%
ROE - 2.8% 12.03% 25.16%

Financial Health

    
Leverage (Debt/EBITDA) - - 0.86x 1.19x
Debt / Free cash flow - - -0.51x -1.81x

Capital Intensity

    
CAPEX / Current Assets (%) - 145.3% 142.86% 94.85%
CAPEX / EBITDA (%) - 296.8% 238.19% 137.99%
CAPEX / FCF (%) - -124.2% -141.85% -210.5%

Items per share

    
Cash flow per share 1 - 2.088 3.521 6.764
Change - - 68.64% 92.07%
Dividend per Share 1 - - - -
Change - - - -
Book Value Per Share 1 - 16.54 16.65 20.69
Change - - 0.63% 24.28%
EPS 1 -8.44 0.0652 1.782 4.266
Change - 100.77% 2,633.75% 139.42%
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 2,243x 82.1x
PBR 8.84x 8.78x
EV / Sales 42.1x 18.8x
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
35
Last Close Price
146.23USD
Average target price
222.73USD
Spread / Average Target
+52.32%

Quarterly revenue - Rate of surprise

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