Projected Income Statement: SpaceX (Space Exploration Technologies)

Forecast Balance Sheet: SpaceX (Space Exploration Technologies)

Fiscal Period: December 2025 2026 2027 2028
Net Debt 1 - -47,016 61,988 155,425
Change - - 231.84% 150.73%
Announcement Date 3/30/26 A - - -
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 -46,917 -109,373 -84,086
Change - -133.12% 23.12%
Announcement Date - - -
1USD in Million
Estimates

Forecast Financial Ratios: SpaceX (Space Exploration Technologies)

Fiscal Period: December 2025 2026 2027 2028

Profitability

    
EBITDA Margin (%) - 46.4% 57.63% 65.62%
EBIT Margin (%) - 9.43% 26.03% 35.83%
EBT Margin (%) - 2.38% 25.6% 32.53%
Net margin (%) - 2% 23.78% 29.61%
FCF margin (%) - -105.33% -96.99% -42.76%
FCF / Net Income (%) - -5,271.45% -407.83% -144.44%

Profitability

    
ROA - 1.2% 10.98% 18.83%
ROE - -0.11% 13.83% 27.55%

Financial Health

    
Leverage (Debt/EBITDA) - - 0.95x 1.2x
Debt / Free cash flow - - -0.57x -1.85x

Capital Intensity

    
CAPEX / Current Assets (%) - 149.29% 149.11% 99.06%
CAPEX / EBITDA (%) - 321.76% 258.75% 150.95%
CAPEX / FCF (%) - -141.74% -153.74% -231.65%

Items per share

    
Cash flow per share 1 - 2.731 4.862 11.15
Change - - 78.06% 129.34%
Dividend per Share 1 - - - -
Change - - - -
Book Value Per Share 1 - 16 16.3 22.14
Change - - 1.91% 35.83%
EPS 1 -8.44 -0.0491 1.885 4.346
Change - 99.42% 3,939.59% 130.54%
Nbr of stocks (in thousands) - 13,572,822 13,572,822 13,572,822
Announcement Date 3/30/26 A - - -
1USD
Estimates
2026 *2027 *
P/E -3,040x 79.2x
PBR 9.33x 9.16x
EV / Sales 43.3x 18.1x
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
37
Last Close Price
145.47USD
Average target price
223.82USD
Spread / Average Target
+53.86%

Quarterly revenue - Rate of surprise

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  5. Financials SpaceX (Space Exploration Technologies)