Space Exploration Technologies (TSX:SPCX) EBITDA Margin %: 23.71% (As of Dec. 2025) — Near Median


TSX:SPCX Space Exploration Technologies Corp TSX:SPCX
15 GF Score
Price C$25.90
! 2 Warning Signs
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What is Space Exploration Technologies EBITDA Margin %?

Space Exploration Technologies TSX:SPCX -1.15% 15 EBITDA Margin % is 23.71% as of Dec. 2025, which is at its 10-year median of 23.71. GuruFocus rates TSX:SPCX with a GF Score™ of 15/100. The stock has 2 warning signs investors should review. Among 347 Aerospace & Defense companies, Space Exploration Technologies ranks better than 83% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Space Exploration Technologies's EBITDA for the six months ended in Dec. 2025 was C$6,107 Mil. Space Exploration Technologies's Revenue for the six months ended in Dec. 2025 was C$25,761 Mil. Therefore, Space Exploration Technologies's EBITDA margin for the quarter that ended in Dec. 2025 was 23.71%.


Space Exploration Technologies  (TSX:SPCX) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Space Exploration Technologies EBITDA Margin % Related Terms


Space Exploration Technologies EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Space Exploration Technologies's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Space Exploration Technologies EBITDA Margin % Chart

Space Exploration Technologies Annual Data
Trend Dec23 Dec24 Dec25
EBITDA Margin %
-6.38 40.29 23.71

Space Exploration Technologies Semi-Annual Data
Dec23 Dec24 Dec25
EBITDA Margin % -6.38 40.29 23.71

TSX:SPCX vs : EBITDA Margin % Comparison

For the Aerospace & Defense subindustry, Space Exploration Technologies's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Space Exploration Technologies EBITDA Margin % vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Space Exploration Technologies's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Space Exploration Technologies's EBITDA Margin % falls into.


TSX:SPCX
15GF Score
Space Exploration Technologies Corp TSX:SPCX
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Space Exploration Technologies EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Space Exploration Technologies's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=6107.047/25760.783
=23.71 %

Space Exploration Technologies's EBITDA Margin % for the quarter that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=6107.047/25760.783
=23.71 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 23.71% mean?
Space Exploration Technologies (TSX:SPCX) has a EBITDA Margin % of 23.71% as of Dec. 2025. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Space Exploration Technologies and its competitors. This is near median its historical median of 23.71. According to the industry distribution chart, Space Exploration Technologies ranks #59 out of 347 companies in the Aerospace & Defense industry, placing it in the top 17%.
Is Space Exploration Technologies' EBITDA Margin % too high?
Space Exploration Technologies' current EBITDA Margin % of 23.71% is near median its 10-year median of 23.71. The Aerospace & Defense industry median EBITDA Margin % is 11.96. Space Exploration Technologies' value of 23.71% is 98.2% above this industry median. Based on the distribution chart, Space Exploration Technologies ranks #59 out of 347 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Space Exploration Technologies has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Space Exploration Technologies' EBITDA Margin % compare to ?
According to the Aerospace & Defense industry distribution chart, Space Exploration Technologies ranks #59 out of 347 companies for EBITDA Margin %. This places Space Exploration Technologies in the top 17% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 11.96. Space Exploration Technologies' value of 23.71% is 98.2% above this benchmark. While the company's 10-year median is 23.71 vs. the industry median of 11.96, Space Exploration Technologies has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for an Aerospace & Defense company?
The median EBITDA Margin % among Aerospace & Defense companies is 11.96, based on 347 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Space Exploration Technologies's current EBITDA Margin % of 23.71% is 98.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Space Exploration Technologies and its competitors. For the Aerospace & Defense industry, the median EBITDA Margin % is 11.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Space Exploration Technologies's current EBITDA Margin % is 23.71%, which is near median its own 10-year median of 23.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Space Exploration Technologies stock overvalued right now?
Space Exploration Technologies (TSX:SPCX) has a current EBITDA Margin % of 23.71%. The current EBITDA Margin % is 23.71%, which is near median its 10-year median of 23.71 and 98.2% above the Aerospace & Defense industry median of 11.96. Space Exploration Technologies' overall GF Score™ is 15/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Space Exploration Technologies (TSX:SPCX), the current EBITDA Margin % is 23.71% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Space Exploration Technologies Business Description

Comparable Companies
Address 1 Rocket Road, Starbase, TX, USA, 78521
Founded in 2002 and commonly known as SpaceX, the Space Exploration Technologies Corporation designs, manufactures, and operates a family of reusable rockets to launch various payloads into Earth orbit for government and commercial customers. Starting in 2019, the company began launching a constellation of its own communication satellites to provide mobile broadband and wireless services under the Starlink brand. In early 2026, the company acquired xAI from its founder, Elon Musk, which operates a large language artificial intelligence model named Grok, a gigawatt-scale data center called Colossus, and the social media network X.
15GF Score

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