Embraer S.A. (EMBJ) Stock Analysis & Winston Score

Embraer is a Brazilian company that builds airplanes. It makes commercial jets for regional airlines, military aircraft for governments, and private jets sold under the Phenom and Praetor brand names. It is the third-largest commercial aircraft maker in the world, behind only Boeing and Airbus.

Embraer earns money by selling aircraft and also through long-term service contracts that cover maintenance, parts, and support. It operates globally, with customers across North America, Europe, Latin America, and beyond, and generates roughly $6 billion in annual revenue. Its main competitive advantage is its strong position in the regional jet market, where its E-Jet family has few direct rivals. The biggest risk the company faces is its exposure to airline industry cycles — when airlines struggle financially, they delay or cancel aircraft orders, which directly hurts Embraer's revenue.

Winston Score History

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+574.8% YoY

YoY Growth Rate

Revenue accelerating

EPS Growth

+130.0% YoY

YoY Growth Rate

Strong earnings growth

R&D Spend

$407M/ year

↑ Rising (+20% vs prior year)

1.0% of revenue

Below sector average (4%)

R&D investment increasing — building for the future

Insider Activity

8.4%ownership

Insiders own a meaningful stake in the company

Cash Runway

~16 months

$12.5B cash & investments

Quarterly Free Cash Flow

↓ Burn rate worsening

Adequate runway but may need to raise capital within 2 years

Revenue accelerating

Embraer S.A. grew revenue 575% year-over-year and the growth rate is speeding up. That's the kind of momentum growth investors look for — the question is whether margins can follow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Share count broadly stable

−0.2% over 4y

The share count has stayed roughly flat over this period — little dilution or buyback activity.

Diluted shares outstanding: 183.7M (2021) → 183.3M (2025)

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Gross Margin

18.0%

Thin — 18.0% gross margin

Operating Margin

5.1%

Thin — 5.1% operating margin

ROCE

1.2%

Weak — 1.2% return on capital

ROIC between 0% and 5%. They earn a few cents back per dollar invested in the business.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales YoY

+111.3%

Fast-growing sales (111.3% YoY)

EPS YoY

+12.4%

Earnings growing (12.4% YoY)

Healthy double-digit earnings growth — what compounders look like.

EPS Consistency

4/8 quarters

Earnings inconsistent quarter-to-quarter

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Cash Conversion

-219%

Weak — only -219% of profit becomes cash

FCF Margin

-11.2%

Burning cash (-11.2%)

Free cash flow is negative. They are burning cash, not generating it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

Debt / Equity

0.83

Moderate — manageable debt (0.83)

Interest Cover

1.99x

Dangerous — barely covers interest (2.0x)

Interest coverage between 1 and 3. Profits cover interest, but with little room to spare.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

P/E Ratio (TTM)

26.3x

Growth-priced — P/E 26.3

P/E above the market average. People are paying up for expected growth.

P/E vs Forward

+11.8

GROWING

Earnings expected to grow meaningfully — cheaper on forward P/E (26.3 → 14.5)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Dividend Yield

1.02%

Small dividend — 1.02% yield

Modest yield. The bulk of any return needs to come from price appreciation.

Dividend Growth

+564.2%

Dividend growing fast (564.2% YoY)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial