Spirit Aerosystems (SPR)

Company Profile

Spirit AeroSystems designs and builds aerostructures for both commercial and defense customers. With headquarters in Wichita, Kansas, Spirit operates sites in the U.S., U.K., France and Malaysia. The company's core products include fuselages, pylons, nacelles and wing components for the world's premier aircraft. Spirit AeroSystems focuses on affordable, innovative composite and aluminum manufacturing solutions to support customers around the globe.

Company profile

Ticker

SPR

Exchange

NYSE

Website

www.spiritaero.com

CEO

Thomas C. Gentile

Incorporated

Delaware

Location

Kansas

Fiscal year end

Dec 31

Sector

Manufacturing > Small Arms Ammunition Manufacturing

Industry (SIC)

Aircraft Parts & Auxiliary Equipment, NEC

Transdigm • Elbit Systems • Ducommun • Park Aerospace • Astronics • CPI Aerostructures • EHang • Air Industries • Astro Aerospace • As-ip Tech ...

SEC CIK

0001364885

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Spirit AeroSystems, Inc. • Spirit AeroSystems Finance, Inc. • Spirit AeroSystems International Holdings, Inc. • Spirit AeroSystems Operations International, Inc. • Spirit AeroSystems North Carolina, Inc. • Spirit AeroSystems Innovative Solutions, Inc. • Fiber Materials Inc. • Spirit AeroSystems Malaysia Sdn Bhd • Spirit AeroSystems Singapore Pte. Ltd. • Spirit AeroSystems Investco, LLC ...

IRS number

202436320

SPR stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$31.25

Low target

$26.00

High target

$43.00

Latest filings (excl ownership)

View all

8-K

Departure of Directors or Certain Officers

27 Jan 23

8-K

Departure of Directors or Certain Officers

18 Jan 23

8-K

Entry into a Material Definitive Agreement

23 Nov 22

8-K

Spirit AeroSystems Announces Private Offering of $800 Million of Senior Secured First Lien Notes Due 2029

3 Nov 22

Spirit AeroSystems Reports Third Quarter 2022 Results

Correspondence with SEC

3 Aug 22

Transcripts

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SPR

Earnings call transcript

2022 Q3

3 Nov 22

SPR

Earnings call transcript

2022 Q2

3 Aug 22

SPR

Earnings call transcript

2022 Q1

4 May 22

SPR

Earnings call transcript

2021 Q4

2 Feb 22

SPR

Earnings call transcript

2021 Q3

3 Nov 21

SPR

Earnings call transcript

2021 Q2

4 Aug 21

SPR

Earnings call transcript

2021 Q1

5 May 21

SPR

Earnings call transcript

2020 Q4

23 Feb 21

SPR

Earnings call transcript

2020 Q3

3 Nov 20

SPR

Earnings call transcript

2020 Q2

4 Aug 20

Latest ownership filings

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Financial summary

Financial statements Chart SPR financial data

Quarter (USD)	Sep 22	Jun 22	Mar 22	Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	690.20 mm	690.20 mm	690.20 mm	690.20 mm	690.20 mm	690.20 mm
Cash burn (monthly)	33.23 mm	63.35 mm	(no burn)	18.45 mm	11.90 mm	36.99 mm
Cash used (since last report)	136.49 mm	260.17 mm	n/a	75.77 mm	48.87 mm	151.92 mm
Cash remaining	553.71 mm	430.03 mm	n/a	614.43 mm	641.33 mm	538.28 mm
Runway (months of cash)	16.7	6.8	n/a	33.3	53.9	14.6

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2022

SPR institutional ownership history Ownership history

82.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	251	274	-8.4%
Opened positions	34	24	+41.7%
Closed positions	57	84	-32.1%
Increased positions	87	96	-9.4%
Reduced positions	85	104	-18.3%

13F shares	Current	Prev Q	Change
Total value	2.14 bn	2.54 bn	-15.8%
Total shares	86.68 mm	86.64 mm	+0.0%
Total puts	2.19 mm	2.42 mm	-9.4%
Total calls	1.33 mm	1.44 mm	-8.1%
Total put/call ratio	1.7	1.7	-1.4%

Largest owners	Shares	Value	Change
Vanguard	10.20 mm	$223.53 mm	-0.9%
T. Rowe Price	6.64 mm	$145.60 mm	+44.7%
Wellington Management	6.16 mm	$134.94 mm	-2.9%
BLK Blackrock	5.59 mm	$122.52 mm	-1.5%
Alliancebernstein	5.57 mm	$122.16 mm	+44.4%
Marshall Wace	3.01 mm	$65.87 mm	-4.5%
Ubs Global Asset Management Americas	2.93 mm	$64.25 mm	-3.5%
Earnest Partners	2.70 mm	$59.26 mm	+5005872.2%
Maple Rock Capital Partners	2.58 mm	$56.45 mm	+13.5%
Point72 Asset Management	2.46 mm	$53.84 mm	-8.2%

Largest transactions	Shares	Bought/sold	Change
STT State Street	0.00	-3.13 mm	EXIT
Earnest Partners	2.70 mm	+2.70 mm	+5005872.2%
T. Rowe Price	6.64 mm	+2.05 mm	+44.7%
Citadel Advisors	122.48 k	-2.03 mm	-94.3%
Alliancebernstein	5.57 mm	+1.71 mm	+44.4%
Anomaly Capital Management	1.66 mm	+1.66 mm	NEW
BAC Bank Of America	2.08 mm	+1.21 mm	+137.7%
Alyeska Investment	0.00	-1.13 mm	EXIT
Amundi	880.30 k	-1.13 mm	-56.2%
Adage Capital Partners GP, L.L.C.	204.69 k	-1.12 mm	-84.6%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

SPR insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
2 Jan 23	Mindy McPheeters	Class A Common Stock	Payment of exercise	Dispose F	No	No	28.96	186	5.39 k	11,074
1 Dec 22	Robert D Johnson	Class A Common Stock	Sell	Dispose S	Yes	Yes	26.29	500	13.15 k	17,641
15 Nov 22	Duane F Hawkins	Common Stock	Payment of exercise	Dispose F	No	No	26.69	432	11.53 k	60,848
15 Nov 22	Duane F Hawkins	Common Stock	Option exercise	Acquire M	No	No	0	432	0.00	61,280
15 Nov 22	Duane F Hawkins	RSU Class A Common Stock	Option exercise	Dispose M	No	No	0	432	0.00	29,640
5 Nov 22	Mindy McPheeters	Class A Common Stock	Payment of exercise	Dispose F	No	No	22.97	58	1.33 k	11,260
1 Sep 22	Robert D Johnson	Class A Common Stock	Sell	Dispose S	Yes	Yes	29.55	500	14.78 k	18,141