Firefly Aerospace, Inc.

FLY Industrials Aerospace & Defense

Firefly Aerospace, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $159.9 million, up 163.0% from fiscal 2024.

Revenue
+656.9%
EPS
+90.1%
Free cash flow
−185.3%
Total debt
−85.4%

Quarter to June 2026, against a year earlier

17.28 0.26 +1.53%
Market cap
$2.9B
P/E
0.0×
Fwd P/E
−8.2×
Dividend yield
—
F-score
5/9
Altman Z
0.79
Beneish M
13.36
Dividend safety
n/a

Firefly Aerospace, Inc. (FLY) P/B ratio

Alert me on P/B ratio

As of 3 November 2026, Firefly Aerospace, Inc. (FLY) trades at a P/B ratio of 2.2×. Over the past ten years it has ranged from 0.0× (September 2025) to 8.5× (May 2026); the current reading is higher than 42% of that period. That is below the Aerospace & Defense industry median of 3.0× and in line with the Industrials sector median of 2.3×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 1.3× —
FY2024 0.0× —
FY2023 0.0× —

Quarterly newest first

Period P/B ratio Change
Jun 2026 3.9× (5.45%)
Mar 2026 4.1× 216.18%
Dec 2025 1.3× (55.14%)
Sep 2025 2.9× —
6 more quarters

Against its own ten years

Low 0.0× High 8.5×
Ten-year median 2.6×
Current reading's percentile 42

P/B ratio against peers

Company P/B ratio
LUNR Intuitive Machines, Inc. compare n/m
RDW Redwire Corporation compare 1.1×
ACHR Archer Aviation Inc. compare 1.7×
AADX Applied Aerospace & Defense, Inc. compare 2.0×
VVX V2X, Inc. compare 2.2×
FLY Firefly Aerospace, Inc. 2.2×
DCO Ducommun Incorporated compare 3.7×
MOG.B Moog Inc. compare 5.0×
ATRO Astronics Corporation compare 13.2×
Aerospace & Defense industry median 3.0×
Industrials sector median 2.3×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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