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Montana Aerospace AERO.SW · CHF

Industrials · SIX · 🇨🇭 Switzerland

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23.35

+5.90%

Close of 9 Nov 2026, in CHF

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in EUR, from our data supplier.

FY2025

Revenue

€927.0m

FY2018FY2025

Net income

€19.3m

FY2018FY2025

Free cash flow

€69.2m

FY2018FY2025

Shareholders' equity

€923.0m

FY2018FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Revenue€927.0m€1.40bn€1.39bn€1.34bn€775.5m€587.7m€764.0m€720.4m
Research and development€422,177—€65,988€52,194€1.4m€741,071——
Operating income€38.9m€61.9m€3.8m€17.7m−€50.8m−€40.1m€28.2m€25.6m
Net income€19.3m€33.9m−€35.7m−€36.1m−€46.1m−€53.3m−€19.4m€17.3m
Diluted earnings per share0.310.54-0.58-0.58-0.88-1.11-0.400.36

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Total assets€1.50bn€1.72bn€1.82bn€2.22bn€1.69bn€1.07bn€1.13bn€747.9m
Cash and short-term investments€106.0m€125.7m€165.6m€427.0m€474.5m€81.5m€113.2m€68.8m
Total liabilities€563.6m€847.7m€941.5m€1.26bn€834.7m€890.4m€917.5m€544.2m
Debt€212.2m€263.4m€365.0m€620.1m€132.4m€317.8m€358.3m€252.6m
Shareholders' equity€923.0m€876.1m€880.4m€959.0m€851.6m€183.1m€218.3m€203.6m
Shares outstanding63m63m62m62m52m48m48m48m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Cash from operations€140.0m€111.1m€86.8m€131.4m−€25.2m€7.5m€78.9m€29.3m
Capital spending−€70.8m−€81.9m−€67.4m−€86.0m−€110.1m−€107.7m−€166.2m−€73.9m
Free cash flow€69.2m€29.2m€19.4m€45.4m−€135.3m−€100.2m−€87.3m−€44.6m

Financial ratios

Data as of 28 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Operating margin4.2%5.0%-0.3%-0.8%-6.6%-6.5%
Net margin2.1%2.4%-2.6%-2.7%-5.9%-9.1%
Return on equity2.1%3.9%-4.1%-3.8%-5.4%-29.1%
Return on assets1.3%2.0%-2.0%-1.6%-2.7%-5.0%
Free cash flow yield15.8%14.3%11.6%15.4%7.6%11.2%
Revenue growth-34.0%1.2%10.5%62.0%32.0%-23.1%
Earnings growth-43.2%-195.1%5.1%-26.3%-13.5%175.3%
Current ratio2.41x1.86x1.74x2.23x3.16x1.31x
Debt to equity0.20x0.25x0.38x0.61x0.11x1.74x
Equity ratio61.5%50.9%48.4%43.2%50.5%17.1%
Interest coverage1.51x1.66x-0.11x-0.27x-2.93x-1.71x
R&D as a share of sales0.0%—0.0%0.0%0.2%0.1%
Buybacks as a share of market value1.0%-1.9%0.0%-18.8%-8.2%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-11.8%8.9%—
Operating income30.0%——

Average margins

Over each period

1 year3 years5 years10 years
Operating margin4.3%2.4%0.5%—
Net margin2.3%-0.4%-1.8%—

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021
Price to earnings100.729.2-33.6-27.0-42.0
Price to sales2.20.70.90.82.6

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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