Vertical Aerospace Ltd.

EVTL Industrials Aerospace & Defense

EPS
+82.1%
Free cash flow
−586.3%
Total debt
+43.2%

Quarter to June 2026, against a year earlier

0.39 0.01 −2.50%
Market cap
$66.7M
P/E
0.9×
Fwd P/E
—
Dividend yield
—
F-score
n/a
Altman Z
−2.40
Beneish M
−21.95
Dividend safety
n/a

Insider Decisions last twelve months

Sold, $m 1.82
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — 1 — — — — — — —
Insider Ownership 0.00%

Capital & Financial Ratios $m

Size
Market Cap 66.66
Revenue ttm —
Net income ttm (2.95)
Free cash flow ttm (187.34)
Net debt Q (64.27)
Valuation
P/E 0.91
Forward P/E —
Price / sales 0.00
Forward P/S Powerpack
Price / FCF 0.00
Price / book 0.00
Financial health
Current ratio Q 0.71 (below 1: weak)
Debt / equity Q (0.06) (negative: negative equity)
Interest coverage Q (8.89)
Growth
Revenue growth Q —
Operating income growth Q −80.72% (below 0%: shrinking)
EPS, this year −33.51% (below 0%: weak)
EPS, next year A −2.05% (below 0%: weak)
Revenue, next year A —
EPS, past 5 yrs —
EPS, next 5 yrs A −8.66% (below 0%: weak)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 63 31 93 67
Receivables 33 23 39 59
Inventory — — — —
Other — — — —
96 54 132 126
2023 2024 2025 Q'26
Payables 21 20 44 51
ST’ Debt — — — —
Other 1 670 249 125
23 691 294 178

Compound Annual Growth %

10y 5y 3y
Sales — — —
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 0.00% 0.00%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 0.58 (0.42) — — —
’25 4.33 (2.35) 0.24 (0.17) 2.42
’24 — — (1.92) — (47.59)
’23 — (0.08) (2.00) — (3.90)
’22 — (0.12) (7.80) (0.42) (6.60)
’21 0.26 (0.39) 0.06 — (27.20)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 — — — — —
’21 — — — — 0
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (48) (63) — — —
’25 (26) (9) (35) (39) (109)
’24 — (2) (31) — (59)
’23 — (41) (63) — (93)
’22 — (73) (19) (46) (128)
’21 0 (1) 0 (38) (38)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (49) (64) — — —
’25 (26) (9) (35) (39) (110)
’24 — (3) (31) — (60)
’23 — (43) (65) — (96)
’22 — (74) (19) (46) (131)
’21 0 (1) 0 (39) (42)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — — — 0 0 — — — — — +62.6% 29 29 29 0.0%
Gross margin, % — — — — (734.23) 51.52 0.00 — — — 0.00 +734.2 pt
EBT — — — — (16) (337) (117) (103) (998) 267 15 n/m
EBT margin, % — — — — (14,535.66) (185,789.26) 0.00 0.00 0.00 0.00 0.00 +14,535.7 pt
Net income — 0 — — (16) (337) (117) (75) (998) 307 (3) n/m
Per share, $
Per share, $ Revenue — — — — 0.00 0.01 0.00 0.00 0.00 0.00 0.00 n/m
Earnings — — — — (0.41) (27.20) (6.60) (3.90) (47.59) 3.46 0.43 n/m
Cash flow — — — — (0.40) (3.05) (7.15) (4.86) (2.91) (1.23) (1.39) +25.0%
Capex — — — — 0.00 (0.37) (0.14) (0.15) (0.03) 0.00 (0.01) n/m
Free cash flow — — — — (0.40) (3.42) (7.29) (5.01) (2.94) (1.24) (1.41) +25.1%
Book value — — — — (0.03) 6.82 0.50 (3.24) (31.41) (1.81) (0.35) +121.9%
Shares, m — — — — 38 12 18 19 20 89 104 +18.4%
Valuation, ×
Valuation, × P/E — — — — 0.00 0.00 — — — — 0.91 0.0
P/S — — — — 0.00 0.00 — — — — 0.00 0.0
P/B — — — — 14.20 30.34 — — — — 0.00 22.3
EV/Sales — — — — 0.00 0.00 — — — — 0.00 0.0
EV/FCF — — — — 0.00 (58.75) — — — — 0.07 (29.4)
Cash, $m
Cash, $m Operating cash flow — — — — (15) (38) (128) (93) (59) (109) (185) +47.9%
Capex — — — — 0 (5) (2) (3) (1) 0 (2) (5.1%)
Free cash flow — — — — (15) (42) (131) (96) (60) (110) (187) +48.0%
Balance, $m
Balance, $m Working capital — — — — (6) 239 151 73 (637) (163) (52) +92.4%
Net debt — — — — 9 (290) (151) (60) (29) (90) (64) n/m
Shareholders’ equity — — — — (1) 85 9 (62) (638) (160) (46) +162.6%
Returns, %
Returns, % ROA — — — — (260.28) (202.53) (45.97) (51.13) (1,205.81) 307.65 21.87 +567.9 pt
ROIC — — — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0 pt
ROE — — — — 0.00 (808.94) (249.15) 282.08 285.23 (76.96) (19.55) (77.0) pt
People
People Employees — — — — — 237 330 306 359 454 — +17.6%
Revenue/emp, $m — — — — 0.00 0.00 0.00 0.00 0.00 0.00 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2021 · fundamentals updated 25 Oct 2026

Vertical Aerospace Ltd. vs peers in Aerospace & Defense (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
BYRN Byrna Technologies Inc. $87.5M — (loss-making) — (loss-making) −45.72% (below 0%: shrinking) n/m +87.91% (above 0%: growing) 79.46% (19.16%) Compare
MRLN Merlin Inc $78.3M — (loss-making) — — n/m −119.70% (below 0%: shrinking) (5.42%) (1,528.58%) Compare
HOVR New Horizon Aircraft Ltd. $75.9M — (loss-making) — — n/m −208.15% (below 0%: shrinking) — 0.00% Compare
EVTL Vertical Aerospace Ltd. $66.7M 0.9× — — n/m −586.27% (below 0%: shrinking) 0.00% 0.00%
CVU CPI Aerostructures, Inc. $59.1M 15.3× 5.8× +15.83% (above 0%: growing) n/m +98.60% (above 0%: growing) 22.02% 6.80% Compare
OPXS Optex Systems Holdings Inc. $56.2M 15.0× 13.8× −12.43% (below 0%: shrinking) −18.18% (below 0%: shrinking) +53.00% (above 0%: growing) 34.18% 14.30% Compare
SPAI Safe Pro Group Inc. $56.2M — (loss-making) — (loss-making) +1,335.45% (above 0%: growing) n/m −159.09% (below 0%: shrinking) 64.02% (245.60%) Compare
PEW GrabAGun Digital Holdings Inc. $55.2M — (loss-making) — +9.37% (above 0%: growing) n/m −650.00% (below 0%: shrinking) 13.46% (11.08%) Compare
FBDT First Breach Inc. $48.0M — — — n/m — (535.12%) (12,410.17%) Compare
Median of peers $57.7M — — +9.37% — −119.70% 22.02% (15.12%)

All 94 Aerospace & Defense stocks →

Vertical Aerospace Ltd. (EVTL) Latest News

15 Oct

Impact 4 · · Business Wire

20 Aug

Impact 4 · · The Motley Fool transcript

14 Aug

Impact 3 · · Moby transcript

13 Aug

Impact 3 · · MarketBeat transcript
stockrow.com/EVTL · Data as of Oct 25, 2026 · For information only; not investment advice. · © 2026 stockrow.com