TDG

MKT CAP:$65B

TransDigm Group Incorporated

Market Cap

$65B

Industrials·Aerospace & Defense·🇺🇸 United States·NYSE

Industrials·Aerospace·🇺🇸·NYSE

Stock Price

$1,160.16-$198.39 (-14.60%)

Apr 24, 2026

Company Details

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. Its Power & Control segment offers mechanical/electro-mechanical actuators and controls, ignition systems and engine ...

CEO

Michael J. Lisman

IPO Date

Mar 15, 2006

Website

www.transdigm.com

Key Metrics TTM

Revenue

$8.8B

+11.2% YoY

Net Income

$2.1B

EPS (Diluted)

$32.08

Free Cash Flow

$1.8B

Revenue / Share

$151.98

Gross Margin

60.1%

Operating Margin

47.2%

Net Margin

23.5%

FCF Margin

20.6%

P/S

7.4x

P/E

31.3x

Earnings Reports

Q1 2026

May 5, 2026

PENDING

FY 2025

Nov 12, 2025

$8.8B+11.2%EPS $32.08

Q4 2025

Nov 12, 2025

$2.4B+11.5%EPS $7.75

Q3 2025

Aug 5, 2025

$2.2B+9.3%EPS $8.47

Q2 2025

May 6, 2025

$2.1B+12.0%EPS $8.24

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 21	$1.3B	$725M	$535M
Q2 22	$1.3B	$736M	$520M
Q3 22	$1.4B	$816M	$599M
Q4 22	$1.5B	$886M	$641M
Q1 23	$1.4B	$793M	$590M
Q2 23	$1.6B	$929M	$695M
Q3 23	$1.7B	$1.0B	$783M
Q4 23	$1.9B	$1.1B	$856M
Q1 24	$1.8B	$1.0B	$787M
Q2 24	$1.9B	$1.2B	$867M
Q3 24	$2.0B	$1.2B	$934M
Q4 24	$2.2B	$1.3B	$943M
Q1 25	$2.0B	$1.2B	$974M
Q2 25	$2.1B	$1.3B	$991M
Q3 25	$2.2B	$1.3B	$1.0B
Q4 25	$2.4B	$1.5B	$1.2B

Valuation

Quarter	P/S	P/E
Q4 21	7.9x	57.6x
Q2 22	7.9x	50.1x
Q3 22	5.9x	32.1x
Q4 22	5.6x	34.0x
Q1 23	6.6x	39.9x
Q2 23	7.2x	41.2x
Q3 23	8.2x	44.7x
Q4 23	7.2x	36.6x
Q1 24	8.3x	39.7x
Q2 24	9.6x	45.3x
Q3 24	9.6x	43.7x
Q4 24	10.5x	48.5x
Q1 25	9.1x	40.7x
Q2 25	9.6x	42.3x
Q3 25	10.3x	45.7x
Q4 25	8.5x	36.1x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 21	$289M	$264M
Q2 22	$87M	$55M
Q3 22	$309M	$280M
Q4 22	$273M	$240M
Q1 23	$377M	$346M
Q2 23	$130M	$95M
Q3 23	$406M	$370M
Q4 23	$462M	$425M
Q1 24	$636M	$600M
Q2 24	$229M	$181M
Q3 24	$608M	$568M
Q4 24	$572M	$531M
Q1 25	$752M	$710M
Q2 25	$148M	$92M
Q3 25	$631M	$573M
Q4 25	$507M	$441M

Capital Expenditures

Quarter	CapEx
Q4 21	$25M
Q2 22	$32M
Q3 22	$29M
Q4 22	$33M
Q1 23	$31M
Q2 23	$35M
Q3 23	$36M
Q4 23	$37M
Q1 24	$36M
Q2 24	$48M
Q3 24	$40M
Q4 24	$41M
Q1 25	$42M
Q2 25	$56M
Q3 25	$58M
Q4 25	$66M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 21	+25.1%	+1.1%
Q2 22	+13.1%	-6.3%
Q3 22	+26.2%	+0.8%
Q4 22	+24.0%	+12.7%
Q1 23	+9.2%	+8.5%
Q2 23	+20.0%	+11.2%
Q3 23	+24.7%	+20.3%
Q4 23	+22.6%	+14.6%
Q1 24	+28.1%	+24.2%
Q2 24	+20.5%	+17.3%
Q3 24	+17.3%	+15.7%
Q4 24	+18.0%	+24.8%
Q1 25	+12.1%	+3.0%
Q2 25	+12.0%	+10.2%
Q3 25	+9.3%	+7.7%
Q4 25	+11.5%	+2.7%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 21	$24M	1.9%
Q2 22	$43M	3.2%
Q3 22	$47M	3.4%
Q4 22	$38M	2.5%
Q1 23	$35M	2.5%
Q2 23	$42M	2.6%
Q3 23	$54M	3.1%
Q4 23	$26M	1.4%
Q1 24	$51M	2.9%
Q2 24	$60M	3.1%
Q3 24	$48M	2.3%
Q4 24	$59M	2.7%
Q1 25	$25M	1.2%
Q2 25	$48M	2.2%
Q3 25	$51M	2.3%
Q4 25	$33M	1.4%

OpEx Breakdown

Quarter	G&A
Q4 21	$149M
Q2 22	$177M
Q3 22	$181M
Q4 22	$206M
Q1 23	$169M
Q2 23	$196M
Q3 23	$203M
Q4 23	$199M
Q1 24	$219M
Q2 24	$237M
Q3 24	$227M
Q4 24	$252M
Q1 25	$207M
Q2 25	$231M
Q3 25	$236M
Q4 25	$248M

Revenue Segments

Quarter	Airframe	Non-Aviation Related Business	Power And Control
Q4 21	$556M	$42M	$680M
Q2 22	$579M	$40M	$708M
Q3 22	$620M	$41M	$737M
Q4 22	$686M	$46M	$778M
Q1 23	$637M	$35M	$725M
Q2 23	$733M	$43M	$816M
Q3 23	$835M	$48M	$861M
Q4 23	$889M	$49M	$914M
Q1 24	$862M	$42M	$885M
Q2 24	$959M	$46M	$914M
Q3 24	$974M	$49M	$1.0B
Q1 25	$946M	$33M	$1.0B
Q2 25	$1.0B	$40M	$1.1B
Q3 25	$1.1B	$40M	$1.1B
Q4 25	$1.1B	$47M	$1.3B

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 22	$4.2B	$0	$4.2B
Q3 22	$3.8B	$0	$3.8B
Q4 22	$3.0B	$0	$3.0B
Q1 23	$3.3B	$0	$3.3B
Q2 23	$3.4B	$0	$3.4B
Q3 23	$3.1B	$0	$3.1B
Q4 23	$3.5B	$0	$3.5B
Q1 24	$4.1B	$0	$4.1B
Q2 24	$4.3B	$0	$4.3B
Q3 24	$3.4B	$0	$3.4B
Q4 24	$6.3B	$0	$6.3B
Q1 25	$2.5B	$0	$2.5B
Q2 25	$2.4B	$0	$2.4B
Q3 25	$2.8B	$0	$2.8B
Q4 25	$2.8B	$0	$2.8B
Q1 26	$2.5B	$0	$2.5B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 21	58M	0.0%	+1.9%
Q2 22	59M	+0.9%	+2.8%
Q3 22	58M	-1.5%	+6.0%
Q4 22	57M	-2.1%	-2.7%
Q1 23	57M	+0.5%	-2.2%
Q2 23	57M	0.0%	-3.1%
Q3 23	57M	+0.2%	-1.4%
Q4 23	57M	+0.2%	+0.9%
Q1 24	58M	+0.7%	+1.1%
Q2 24	58M	+0.2%	+1.2%
Q3 24	58M	+0.2%	+1.2%
Q4 24	58M	+0.2%	+1.2%
Q1 25	58M	+0.5%	+1.0%
Q2 25	58M	-0.3%	+0.5%
Q3 25	58M	0.0%	+0.3%
Q4 25	58M	0.0%	+0.2%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 21	$96.2K	13K
Q2 22	$99.8K	13K
Q3 22	$105.1K	13K
Q4 22	$104.9K	14K
Q1 23	$97.0K	14K
Q2 23	$110.6K	14K
Q3 23	$121.1K	14K
Q4 23	$119.5K	16K
Q1 24	$115.4K	16K
Q2 24	$123.8K	16K
Q3 24	$132.0K	16K
Q4 24	$131.7K	17K
Q1 25	$120.8K	17K
Q2 25	$129.5K	17K
Q3 25	$134.8K	17K
Q4 25	$147.7K	17K

Revenue / Employee