B/E Aerospace

When you join B/E Aerospace you will become part of the world's leading supplier of interior products and services for virtually all airlines across the globe. Founded in the USA in 1987, B/E Aerospace now operates from over 30 locations around the globe, a world-wide network unrivalled in the industry. From engineering and composites to logistics, finance and more, a world of career opportunities awaits. The Kilkeel facility was acquired by B/E Aerospace in 1993 and has enjoyed a period of major growth and investment. Our core business is the assembly of seating for commercial aircrafts—ranging from economy to business and first—class options. We also manufacture components for use in the assembly of seats. As a market leader, B/E Aerospace Kilkeel plays a major role in our commercial success and has long been recognised as one of the highest quality seating suppliers in the world. Our commitment to quality has earned us a variety of internationally acknowledged accreditations, including that of the highly regarded British Standards Institution. Our client portfolio further reflects our success and consists of the world's biggest and most prestigious airlines, including British Airways, Lufthansa, Qatar and Emirates. From research and development to manufacturing and sales, we value our customers and work tirelessly to deliver inventive solutions that anticipate and overcome their challenges.
Type
Public
HQ
Frisco, US
Founded
1987
Size (employees)
10,875 (est)+9%
B/E Aerospace was founded in 1987 and is headquartered in Frisco, US

B/E Aerospace Office Locations

B/E Aerospace has an office in Frisco
Frisco, US (HQ)
Wellington Ln

B/E Aerospace Data and Metrics

B/E Aerospace Financial Metrics

B/E Aerospace's revenue was reported to be $2.9 b in FY, 2016
USD

Revenue (FY, 2016)

2.9 b

Revenue growth (FY, 2015 - FY, 2016), %

7%

Gross profit (FY, 2016)

1.1 b

Gross profit margin (FY, 2016), %

39%

Net income (FY, 2016)

311.1 m

EBIT (FY, 2016)

506.6 m

Market capitalization (12-Apr-2017)

6.5 b

Cash (31-Dec-2016)

202 m

EV

8.3 b
B/E Aerospace's current market capitalization is $6.5 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

3.5 b2.6 b2.7 b2.9 b

Revenue growth, %

(25%)5%7%

Cost of goods sold

2.2 b1.6 b1.6 b1.8 b

Gross profit

1.3 b1 b1.1 b1.1 b

Gross profit Margin, %

38%39%40%39%

General and administrative expense

336.1 m

Operating expense total

336.1 m

EBIT

629.3 m384 m452.3 m506.6 m

EBIT margin, %

18%15%17%17%

Interest expense

122.5 m130.6 m94.8 m91.1 m

Pre tax profit

506.8 m9.8 m356.6 m415.5 m

Income tax expense

141.2 m(47.9 m)70.9 m

Net Income

365.6 m104.3 m285.7 m311.1 m
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Revenue

1 b1.1 b1.1 b690 m700.6 m679.8 m716.7 m753.1 m732.7 m

Cost of goods sold

634.5 m682.9 m736 m401.6 m420.1 m424.4 m436.6 m447.8 m457.5 m

Gross profit

376.7 m406.6 m366.4 m288.4 m280.5 m255.4 m280.1 m305.3 m275.2 m

Gross profit Margin, %

37%37%33%42%40%38%39%41%38%

General and administrative expense

123 m150.3 m146.2 m87.1 m86.2 m106.4 m83.8 m87.9 m73.7 m

Operating expense total

123 m150.3 m146.2 m87.1 m86.2 m106.4 m83.8 m87.9 m73.7 m

EBIT

183 m185.3 m148.5 m125.7 m127.3 m75.2 m129.4 m136.6 m132 m

EBIT margin, %

18%17%13%18%18%11%18%18%18%

Interest expense

30.6 m31.7 m34.2 m24.3 m24.1 m24 m23.1 m22.7 m22.4 m

Pre tax profit

152.4 m153.6 m114.3 m106.3 m113.9 m109.6 m

Income tax expense

43.4 m45 m12.1 m23.8 m24.3 m5.4 m23.7 m29.1 m26.3 m

Net Income

109 m108.6 m102.2 m77.6 m78.9 m45.8 m82.6 m84.8 m83.3 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

637.8 m292.5 m154.1 m202 m

Accounts Receivable

484.1 m289 m354.6 m353.5 m

Inventories

1.9 b925.2 m1.1 b1.3 b

Current Assets

3.2 b1.7 b1.7 b1.9 b

Goodwill

1.6 b859.5 m813.2 m798.7 m

Total Assets

3.2 b3.1 b3.4 b

Accounts Payable

357.9 m275.1 m300.5 m316.6 m

Total Debt

2 b

Current Liabilities

879.1 m780.7 m822.2 m857.1 m

Additional Paid-in Capital

1.7 b(884.6 m)(847.8 m)(805.8 m)

Retained Earnings

923.3 m1 b1.2 b1.5 b

Total Equity

2.6 b10.1 m55.5 m216.5 m

Debt to Equity Ratio

9.4 x

Debt to Assets Ratio

0.6 x

Financial Leverage

316.8 x56.6 x15.6 x
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Cash

384.7 m216.5 m289.3 m295.4 m326.3 m164.3 m105 m100.2 m125.8 m

Accounts Receivable

418.7 m420.6 m432.3 m

Inventories

2 b2.1 b2.2 b970.6 m1 b1.1 b1.2 b1.2 b1.3 b

Current Assets

3.1 b3.1 b3.3 b1.7 b1.8 b1.7 b1.7 b1.8 b1.9 b

PP&E

516.7 m658.8 m681.6 m399.6 m408.7 m399.5 m390.8 m387.5 m392.3 m

Goodwill

1.7 b2.3 b2.3 b823.5 m823.5 m820.6 m821.6 m813.3 m813.9 m

Total Assets

5.9 b6.8 b7 b3.2 b3.3 b3.2 b3.2 b3.3 b3.3 b

Accounts Payable

438.9 m443.9 m463.2 m298.7 m296.2 m292.6 m305.8 m314 m335.9 m

Current Liabilities

984.8 m1.1 b1.1 b803.4 m825.7 m835.7 m831.7 m853.3 m899.1 m

Additional Paid-in Capital

1.7 b1.7 b1.7 b(876.9 m)(864.9 m)(855.9 m)(839.6 m)1.1 m(819.5 m)

Retained Earnings

1 b1.1 b1.2 b1.1 b1.1 b1.2 b1.3 b1.4 b1.4 b

Total Equity

2.7 b2.9 b2.9 b24.1 m122.1 m88.4 m93.4 m118.7 m191.3 m

Financial Leverage

2.2 x2.4 x2.4 x132.9 x27.3 x36.4 x34.5 x27.4 x17.5 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

365.6 m104.3 m285.7 m311.1 m

Depreciation and Amortization

89.6 m142.3 m85.3 m

Accounts Receivable

(67 m)(77 m)(85 m)353.5 m

Inventories

(180 m)(280 m)(180 m)1.3 b

Accounts Payable

316.6 m

Cash From Operating Activities

124.1 m(345.3 m)(138.4 m)

Capital Expenditures

(154.9 m)(255.6 m)(80.5 m)

Cash From Investing Activities

(272.9 m)

Long-term Borrowings

(300 k)(2 b)(136 m)

Interest Paid

118.4 m148.3 m77.3 m

Income Taxes Paid

86.7 m124 m
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Net Income

109 m108.6 m102.2 m77.6 m78.9 m45.8 m82.6 m84.8 m83.3 m

Accounts Receivable

418.7 m420.6 m432.3 m

Inventories

2 b2.1 b2.2 b970.6 m1 b1.1 b1.2 b1.2 b1.3 b

Accounts Payable

438.9 m443.9 m463.2 m298.7 m296.2 m292.6 m305.8 m314 m335.9 m
USDY, 2016

EV/EBIT

16.5 x

Revenue/Employee

291.6 k

Debt/Equity

9.4 x

Debt/Assets

0.6 x

Financial Leverage

15.6 x

B/E Aerospace Market Value History

B/E Aerospace Median Salaries

Source: 106 public H-1B filings from B/E Aerospace

Traffic Overview of B/E Aerospace

B/E Aerospace Online and Social Media Presence

B/E Aerospace News and Updates

Update: Smaller Bathrooms on Planes Pose Challenges for Passengers

Lavatories on some single-aisle aircraft have been reconfigured, drawing criticism from fliers and flight attendants.

Breakingviews: Activist Fund Has Tough Sell to Get Rockwell to Rethink Deal

Starboard Value has asked Rockwell Collins to consider selling itself instead of buying B/E Aerospace. The hedge fund faces an uphill climb.

Stocks jump on a wave of deals

U .S. stocks are rising Monday morning after a wave of corporate deals. The largest by far is AT&T's plan to buy Time Warner for $85.4 billion, but investors aren't sure if the combination will happen. Aerospace company Rockwell Collins agreed to buy B/E Aerospace. Technology and industrial …

Term Sheet — Monday, October 24

Term Sheet

Wall St. Is Upbeat

Shares of B/E Aerospace soared in early trading after the company agreed to be acquired by Rockwell Collins.
Show more

B/E Aerospace Company Life and Culture

You may also be interested in