Archer Aviation Inc. (ACHR) vs Firefly Aerospace, Inc. (FLY)

Archer Aviation Inc. and Firefly Aerospace, Inc. are both Aerospace & Defense companies. Archer Aviation Inc. is the larger, with a market value of $4.4B against $3.9B — 1.1× the size. Archer Aviation Inc. has the higher net margin (0.00% vs −129.1%) and the lower return on invested capital (−127.0% vs −34.8%). Across the 14 metrics below, Firefly Aerospace, Inc. leads on 8 and Archer Aviation Inc. on 6.

Valuation

Metric ACHR FLY Aerospace & Defense median
P/E n/m n/m 33.00
P/S n/m 13.73 3.63
P/B 2.29 3.22 3.24
Price to free cash flow n/m n/m 34.01
EV/EBITDA n/m n/m 18.69
EV/Sales n/m 11.59 3.94
Earnings yield (19.25%) (12.07%) 1.31%
Free cash flow yield (15.65%) (8.28%) 0.00%

Profitability

Metric ACHR FLY Aerospace & Defense median
Gross margin 0.00% 22.92% 25.48%
Operating margin 0.00% (117.99%) 4.54%
Net margin 0.00% (129.06%) 2.22%
Free cash flow margin 0.00% (113.66%) 0.00%
Return on equity (44.47%) (242.95%) 6.43%
Return on assets (38.52%) (35.18%) 2.70%
Return on invested capital (126.95%) (34.77%) 1.56%

Growth

Metric ACHR FLY Aerospace & Defense median
Revenue growth (TTM) — 179.17% 18.43%
EPS growth (last fiscal year) 30.28% 73.21% —
Revenue growth, 5-year CAGR — — 9.62%
Net income growth, 5-year CAGR 0.00% — 0.00%

Health

Metric ACHR FLY Aerospace & Defense median
Debt to equity 0.06 0.02 0.24
Current ratio 10.21 2.73 2.72
Net debt to EBITDA 2.62 2.57 1.12

Dividend

Metric ACHR FLY Aerospace & Defense median
Dividend yield — — 1.04%
Payout ratio 0.00 — 0.00

Size

Metric ACHR FLY Aerospace & Defense median
Market cap 4.43b 3.93b 2.52b

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