— Know what they know.
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Not Investment Advice

TDG

NYSE · USD
TransDigm Group Incorporated
Industrials · Aerospace & Defense
CEO Michael J. Lisman Employees 16,500 R&D / revenue 0.0%
Last price
$1,139.34+0.45%last session
Market cap
$63.0B
P/E (TTM)
34.6x
From 52w high
−22.1%
From 52w low
+6.4%
1-year return
−8.8%
RSI 14 · vs SMA200
56.8 · −8.0%
IS score
59.1/ 100
Factor model across 8 sub-scores, ranked against 3,010 US stocks. Describes the business, not the outlook.
Download full factsheet (PDF)

One year, rebased to 100

TDG   SPY   XLI (sector ETF) · weekly closes
90100110120Jan 26Apr 26Jul 26Oct 26SPY 116XLI 111TDG 91

Score DNA

Each bar is a 0-100 score within the scored universe
62
Profitability
70
Growth
48
Value
79
Momentum
50
Risk (safety)
65
Quality
30
Balance sheet
72
Earnings quality

Flags

Strengths
✓ Congress buying
Warnings
None of the computed warning flags fires for TDG (Altman, Beneish, accruals, FCF, dilution).
Observations
Moat model: Wide, Efficient ScalePiotroski 6 / 9Altman Z 2.0Beta 0.893 of 4 smart-money sources active

Smart-money strip

Each disclosure source on its own window. Filings coinciding is not coordination.
INSForm 4 · 180 days
Insider open-market buys
0
229 open-market sales, $91.0M
Form 144 notices (12m): 27, $532.8M proposed, not confirmed sales
CONGSTOCK Act · 180 days
Congressional purchases
33
Last disclosed purchase 2026-07-28
Members disclose in ranges, 30-45 days after the trade
13F13F · quarter to 2026-06-30
Net change in institutional holders
+35
142 new holders, 94 closed
1,149 filers hold 92.4% · 447 added, 370 trimmed
ETFETF holdings · 30 days
Net funds accumulating
+52
886 funds adding shares
834 funds trimming · counts of funds, not dollars
DARKFINRA · daily
Short-sale share of off-exchange volume
52.8%
20-day avg 52.9%, 50-day avg 49.1%
Latest 0.1 pp under its 20-day average · a flow, not short interest

Key financials · FY2025

USD, fiscal year. Stock-based compensation is non-cash; shown against FCF.
Income statement
Revenue$8.8B
Revenue growth YoY+11.2%
Gross margin60.1%
Operating income$4.2B
Operating margin47.2%
Net income$2.1B
Net margin23.5%
EPS (diluted)$32.08
Cash flow
Operating cash flow$2.0B
Capital expenditure$222.0M
Free cash flow$1.8B
FCF conversion (FCF / OCF)89.1%
Stock-based compensation$157.0M
FCF less SBC$1.7B
Buybacks$500.0M
Dividends$9.6B
Balance sheet & returns
Cash & short-term investments$2.8B
Total debt$30.0B
Net debt$27.2B
Shareholders' equity−$9.7B
Goodwill & intangibles$14.1B
Debt / equity-3.41
ROE (TTM)-22.3%
ROIC (TTM)14.4%
Operating margin by fiscal year
35.2%FY202140.8%FY202244.4%FY202344.5%FY202447.2%FY2025
Revenue $4.8B (FY2021) to $8.8B (FY2025), a 16.5% CAGR.

Valuation

P/E (TTM)34.6x
EV / EBITDA18.5x
Price / sales6.29x
Price / FCF32.7x
FCF yield3.06%
Buyback yield0.79%
SBC / revenue1.5%
Price / bookn/m
Forward P/E FY202723.4x
Forward P/E FY202820.5x
Forward multiples divide today's price by Street EPS estimates. Street mean target $1,455.10 across 10 analysts last quarter is theirs, not ours.

TDG vs industry median

197 companies in Aerospace & Defense
Gross margin 59.6% 22.1% Operating margin 46.2% 4.5% Net margin 21.3% 1.2% ROIC 14.4% 7.2%
TDG (TTM)Industry median Asset turnover 0.37 vs industry 0.57 · financial leverage -2.73

Earnings delivery

Next report 2026-11-11 · consensus EPS $12.22
83%
beat rate, 10 of 12 quarters
+5.3%
median EPS surprise
5
longest beat streak
+6+12+8+5+6+0+2-3+8+2+4+6
EPS surprise in % vs the consensus at the time, oldest (left) to newest, 2023-11-09 to 2026-08-04. Bars cap at ±60%.

Peers

Market-cap band, not the industry cohort above
CompanyMkt capP/EROENet marginRev growth12m return
TDG TransDigm Group Incorporated $63.0B34.6x-22.3%21.3%+11.2% −8.8%
NOC Northrop Grumman Corporation $73.9B16.5x27.0%10.1%+5.9% −12.8%
ERJ Embraer S.A. $47.4B56.7x9.4%5.7%+19.9% +12.9%
LHX L3Harris Technologies, Inc. $46.3B25.0x9.3%10.2%+7.3% −12.2%
HWM Howmet Aerospace Inc. $88.1B47.3x34.7%21.0%+18.1% +15.3%
HEI HEICO Corporation $43.2B51.0x18.7%16.7%+20.7% —
GD General Dynamics Corporation $93.1B20.7x17.8%8.2%+9.1% —
ESLT Elbit Systems Ltd. $35.4B53.9x15.3%7.6%+12.9% —
12-month window: SPY +15.9%, sector ETF XLI +10.7%. Past returns describe history only.

Recent 8-K filings

2026-09-29Material Agreement; Financial Obligation; Exhibits
2026-09-28Other Events; Exhibits
2026-09-21Other Events
2026-09-14Regulation FD
2026-09-14Regulation FD
2026-09-14Regulation FD

Context

Shares outstanding55,276,525
Free float99.5%
Institutional ownership92.4%
Beta0.89
Dividend yield0.00%
Last dividend$90.00 on 2025-09-02
50 / 200-day average$1,150.19 / $1,239.14
Large-cap Industrials median P/E29.8x

Full factsheet

The PDF carries everything on this page plus the cash-allocation waterfall, Form 144 notices, 13F holder detail, dark-pool and short-flow history, seasonality and the moat assessment (Wide).

Read it in the browser Download (PDF)

All fundamentals · 140 measures in 13 categories

Percentile = where TDG sits among 56 scored companies in Aerospace & Defense (0 = lowest value, 100 = highest). It is a position, not a grade.
ValuationProfitability (TTM)Returns on capitalGrowthMargin history & stabilityLiquidity (latest quarter)Leverage & solvency (latest quarter)EfficiencyCash flow & earnings qualityDividends & buybacksScores & forensic checksPer shareSize (TTM)

Valuation

MeasureTDGIndustry medianIndustry percentileSector median
P/E (TTM) 29.6x 33.9x
38th		 25.4x
PEG (P/E ÷ 3-yr EPS CAGR) 1.30 1.76
38th		 1.42
Price / sales 6.3x 4.3x
65th		 2.0x
Price / book —
Price / tangible book —
Price / free cash flow 32.7x 32.5x
51st		 20.8x
Price / operating cash flow 28.7x 29.1x
49th		 14.5x
Enterprise value $93.7B $6.6B
91st		 $4.8B
EV / sales 9.4x 4.1x
80th		 2.4x
EV / EBITDA 18.5x 20.6x
38th		 13.6x
EV / EBIT 20.2x 25.7x
33rd		 19.9x
EV / free cash flow 48.6x 40.0x
71st		 24.3x
Earnings yield 3.4% 2.2%
73rd		 3.3%
FCF yield 3.1% 2.0%
67th		 3.8%
Operating cash flow yield 3.5% 2.7%
65th		 6.2%
Graham number (per share) —

Profitability (TTM)

MeasureTDGIndustry medianIndustry percentileSector median
Gross margin 59.6% 26.5%
94th		 30.5%
EBITDA margin 50.5% 12.4%
100th		 14.3%
Operating margin 46.2% 9.6%
100th		 9.8%
EBIT margin 46.3% 9.6%
100th		 9.9%
Net margin 21.3% 6.1%
100th		 6.0%
NOPAT margin 35.9% 7.9%
100th		 7.8%
FCF margin 19.3% 5.6%
96th		 7.0%
Operating cash flow margin 22.0% 8.6%
96th		 11.2%
R&D / revenue 0.0% 1.8%
0th		 0.0%
SG&A / revenue 10.9% 13.7%
40th		 14.1%
Stock comp / revenue 1.5% 0.7%
67th		 0.6%
Effective tax rate 22.2% 21.0%
82nd		 21.0%

Returns on capital

MeasureTDGIndustry medianIndustry percentileSector median
ROE (on average equity) —
ROA 8.6% 4.5%
75th		 4.8%
ROIC 17.2% 8.1%
85th		 8.7%
ROCE 19.2% 8.8%
91st		 9.4%
Return on tangible assets 18.7% 6.7%
95th		 7.9%
Cash ROIC (OCF / invested capital) 10.5% 9.6%
52nd		 12.8%
Gross profitability (GP / assets) 22.3% 14.6%
80th		 19.2%
ROIC, 3-yr average 11.6% 8.7%
85th		 7.8%
ROIC, 5-yr average —
ROE, 5-yr average —
Incremental ROIC 57.1% 27.1%
68th		 20.5%

Growth

MeasureTDGIndustry medianIndustry percentileSector median
Revenue growth (TTM YoY) 16.6% 20.7%
41st		 8.6%
Revenue growth (QoQ) 7.7% 10.2%
42nd		 9.9%
Revenue CAGR, 3 yr 17.0% 13.7%
65th		 5.0%
Revenue CAGR, 5 yr 16.4% 12.1%
65th		 8.3%
Gross profit CAGR, 3 yr 17.9% 13.8%
62nd		 6.5%
Operating income CAGR, 3 yr 19.5% 21.0%
44th		 6.4%
Net income growth (TTM YoY) 10.2% 32.1%
19th		 11.3%
Net income CAGR, 3 yr 22.8% 19.1%
53rd		 6.6%
EPS growth (TTM YoY) 11.5% 31.8%
22nd		 13.3%
EPS CAGR, 3 yr 22.7% 18.5%
57th		 5.6%
EPS CAGR, 5 yr 31.4% 16.4%
77th		 8.3%
FCF growth (TTM YoY) 1.1% 34.1%
26th		 14.7%
FCF CAGR, 3 yr 22.4% 20.0%
55th		 12.2%
Operating cash flow CAGR, 3 yr 22.8% 22.9%
48th		 8.8%
Book value CAGR, 3 yr —
Dividend CAGR, 3 yr 6.3% 2.5%
83rd		 2.7%
Sustainable growth rate —

Margin history & stability

MeasureTDGIndustry medianIndustry percentileSector median
Gross margin, 3-yr average 59.4% 26.2%
96th		 30.6%
Operating margin, 3-yr average 45.8% 9.0%
100th		 10.0%
Net margin, 3-yr average 21.9% 6.3%
100th		 6.2%
FCF margin, 3-yr average 21.6% 6.0%
100th		 7.1%
Revenue stability (0-1) 0.99 0.91
98th		 0.81
Earnings stability (0-1) 0.98 0.56
98th		 0.47
Margin stability (0-1) 0.92 0.88
68th		 0.90

Liquidity (latest quarter)

MeasureTDGIndustry medianIndustry percentileSector median
Cash & short-term investments $2.8B $337.2M
91st		 $249.6M
Net cash (− = net debt) −$30.7B −$747.7M
0th		 −$666.5M
Working capital $5.2B $878.9M
96th		 $376.4M
Current ratio 3.02 2.57
64th		 1.79
Quick ratio 2.01 1.57
62nd		 1.33
Cash ratio (cash + ST investments / current liabilities) 1.08 0.34
67th		 0.32
Defensive interval (days) 1,344 days 960 days
76th		 614 days

Leverage & solvency (latest quarter)

MeasureTDGIndustry medianIndustry percentileSector median
Total debt $33.5B $917.3M
96th		 $919.8M
Debt / equity —
Net debt / equity —
Debt / assets 125.2% 24.3%
100th		 29.3%
Debt / capital —
Debt / EBITDA 6.63 2.38
98th		 2.44
Net debt / EBITDA 6.08 1.88
98th		 1.86
Interest coverage (EBIT / interest) 2.4x 5.1x
29th		 5.0x
Cash interest coverage 1.2x 5.6x
27th		 6.1x
Debt payback (years of OCF) 15.2 yrs 3.1 yrs
95th		 3.2 yrs
Liabilities / assets 136.3% 52.4%
100th		 56.7%
IS credit model rating B- — —
Implied credit spread (bps) 900 175
93rd		 200

Efficiency

MeasureTDGIndustry medianIndustry percentileSector median
Asset turnover 0.40 0.62
27th		 0.75
Fixed asset turnover 5.75 5.00
56th		 5.14
Inventory turnover 1.7 3.6
6th		 5.0
Receivables turnover 5.4 6.6
30th		 6.7
Days sales outstanding 67 days 56 days
71st		 54 days
Days inventory outstanding 211 days 103 days
94th		 72 days
Days payables outstanding 34 days 39 days
42nd		 41 days
Cash conversion cycle (days) 243 days 104 days
95th		 63 days
Capex / revenue 2.7% 3.6%
32nd		 3.0%
Capex / depreciation 0.65 1.14
30th		 0.76
Operating expense ratio 14.6% 16.0%
42nd		 17.7%

Cash flow & earnings quality

MeasureTDGIndustry medianIndustry percentileSector median
Operating cash flow / net income 1.03 1.31
33rd		 1.50
FCF / net income 0.91 0.87
54th		 1.15
FCF / operating cash flow 87.7% 72.4%
84th		 74.0%
Capex / operating cash flow 12.3% 27.6%
16th		 26.1%
Accruals ratio -0.3% -2.8%
69th		 -4.0%
Sloan accruals ratio 0.3% -0.3%
56th		 -2.4%
Earnings quality score (0-1) 1.00 1.00
49th		 1.00

Dividends & buybacks

MeasureTDGIndustry medianIndustry percentileSector median
Dividend yield 0.0% 0.0%
0th		 0.6%
Dividend per share (TTM) $0.00 $0.00
0th		 $0.44
Payout ratio (dividends / net income) 248.6% 13.6%
100th		 22.5%
Dividends / FCF 274.6% 15.3%
97th		 19.6%
Dividend growth (YoY) 21.9% 8.9%
83rd		 5.6%
Buyback yield 2.9% 0.0%
93rd		 0.5%
Shareholder yield (dividends + buybacks) 11.3% 0.7%
100th		 2.0%
Share count change (YoY) -1.2% 0.9%
12th		 0.0%
Buybacks, last 5 years $3.9B $14.0M
87th		 $76.0M

Scores & forensic checks

MeasureTDGIndustry medianIndustry percentileSector median
IS score 59 55
56th		 53
IS profitability 62 31
87th		 37
IS growth 70 70
53rd		 54
IS value 48 43
69th		 47
IS momentum 79 80
45th		 76
IS risk (safety) 50 100
11th		 80
IS quality 65 65
49th		 67
IS balance sheet 30 58
15th		 56
IS earnings quality 72 67
75th		 70
IS cash flow 57 44
62nd		 54
Piotroski F-score (0-9) 6 6
31st		 6
Altman Z-score 2.0 4.8
11th		 3.3
Beneish M-score −2.11 −2.40
76th		 −2.52
Ohlson O-score −5.17 −7.88
91st		 −7.49
IS credit score 20 69
0th		 65

Per share

MeasureTDGIndustry medianIndustry percentileSector median
EPS, diluted (TTM) $37.09 $1.65
100th		 $2.21
Book value per share −$170.89 $14.45
0th		 $18.38
Tangible book per share −$463.57 $3.65
0th		 $4.39
Revenue per share $174.34 $29.92
91st		 $36.64
FCF per share $33.57 $1.44
98th		 $2.70
Operating cash flow per share $38.29 $2.14
98th		 $4.28
Cash per share $48.31 $2.93
100th		 $3.02

Size (TTM)

MeasureTDGIndustry medianIndustry percentileSector median
Market cap $63.0B $6.0B
87th		 $3.9B
Revenue $10.0B $2.0B
82nd		 $2.7B
EBITDA $5.1B $252.5M
89th		 $394.8M
Net income $2.1B $85.5M
89th		 $136.3M
Free cash flow $1.9B $80.1M
89th		 $162.9M
Total assets $26.8B $4.1B
87th		 $3.5B
Shareholders' equity −$9.8B $1.6B
0th		 $1.4B
Employees 16,500 4,020
78th		 6,050

Insider transactions, last 6 months

Form 4 · most recent 12
DateInsiderTypeSharesPriceValueOwned after
2026-10-15Reiss Joel
Co-Chief Operating Officer
 Option exercise 4,100$284.97$1.2M7,700
2026-10-15Reiss Joel
Co-Chief Operating Officer
 Open-market sale 20$1,112.27$22,2457,680
2026-10-15Reiss Joel
Co-Chief Operating Officer
 Open-market sale 100$1,113.58$111,3587,580
2026-10-15Reiss Joel
Co-Chief Operating Officer
 Open-market sale 100$1,114.82$111,4827,480
2026-10-15Reiss Joel
Co-Chief Operating Officer
 Open-market sale 50$1,116.02$55,8017,430
2026-10-15Reiss Joel
Co-Chief Operating Officer
 Open-market sale 60$1,117.11$67,0277,370
2026-10-15Reiss Joel
Co-Chief Operating Officer
 Open-market sale 100$1,119.01$111,9017,270
2026-10-15Reiss Joel
Co-Chief Operating Officer
 Open-market sale 30$1,120.30$33,6097,240
2026-10-15Reiss Joel
Co-Chief Operating Officer
 Open-market sale 60$1,121.58$67,2957,180
2026-10-15Reiss Joel
Co-Chief Operating Officer
 Open-market sale 131$1,123.09$147,1247,049
2026-10-15Reiss Joel
Co-Chief Operating Officer
 Open-market sale 306$1,124.00$343,9446,743
2026-10-15Reiss Joel
Co-Chief Operating Officer
 Open-market sale 600$1,125.00$675,0016,143

Shares acquired vs disposed, by month

acquired disposed · all Form 4 types
MarAprMayJunJulAugSepOct

By transaction type, 6 months

TypeDirectionFilingsSharesValue
Award / grantAcquired10460$499,100
Open-market saleDisposed22974,260$91.0M
Option exerciseAcquired1047,764$9.0M
Option exerciseDisposed943,864$7.9M
OtherAcquired10—
OtherDisposed10—
—Disposed10—
Awards, option exercises and tax withholding are compensation mechanics; open-market buys and sales are the discretionary ones.

Form 144 notices

12 months: 27 notices · 399,256 shares · $532.8M
FiledFilerShares proposedEst. proceeds
2026-09-15Joel Reiss8,000$8.9M
2026-08-07The Fortuna Trust U/T/A Dtd 06/01/201837,690$47.6M
2026-06-18Howley W Nicholas30,396$40.1M
2026-06-15Joel Reiss11,700$14.7M
A Form 144 is notice of a proposed sale, not a confirmed one.

Congress trades

12 months: House 42 trades (36 purchases) · Senate 2 (2 purchases)
TradedMemberChamberTypeAmountDisclosed
2026-08-25April DelaneyHouseSale$100,001 - $250,0002026-09-10
2026-08-25April McClain DelaneyHouseSale$100,001 - $250,0002026-09-10
2026-07-28April DelaneyHousePurchase$1,001 - $15,0002026-08-04
2026-07-28April McClain DelaneyHousePurchase$1,001 - $15,0002026-08-04
2026-03-27Alan ArmstrongSenatePurchase$1,001 - $15,0002026-07-21
2026-03-27Alan ArmstrongSenatePurchase$1,001 - $15,0002026-07-20
2020-03-18Kelly LoefflerSenateSale (Full)$15,001 - $50,0002020-05-01
2020-03-18Kelly LoefflerSenateSale (Full)$15,001 - $50,0002020-04-30
STOCK Act disclosures, in ranges, filed up to 45 days after the trade.

Largest 13F holders

Quarter to 2026-06-30, the latest most managers have filed
ManagerSharesValue% of shares out
Capital International Investors5,062,682$6.7B9.16%
BlackRock, Inc.4,871,505$6.5B8.81%
Capital World Investors4,274,109$5.7B7.73%
VANGUARD CAPITAL MANAGEMENT LLC3,653,511$4.9B6.61%
Capital Research Global Investors3,119,490$4.2B5.64%
VANGUARD PORTFOLIO MANAGEMENT LLC2,580,994$3.4B4.67%
STATE STREET CORP2,559,096$3.4B4.63%
PRINCIPAL FINANCIAL GROUP INC1,709,129$2.3B3.09%
GEODE CAPITAL MANAGEMENT, LLC1,286,385$1.7B2.33%
FMR LLC1,091,534$1.5B1.97%
Curated Wealth Partners LLC983,679$1.0B1.78%
ALTAROCK PARTNERS LP875,755$1.2B1.58%
MORGAN STANLEY799,593$1.1B1.45%
NORGES BANK781,731$1.0B1.41%
JPMORGAN CHASE & CO768,445$1.0B1.39%

Institutional ownership by quarter

2023-092026-0692.4%
% of shares held by 13F filers
2023-092026-061,149
Number of 13F filers holding

Holder changes by quarter

QuarterHoldersOwnershipNewIncreasedReducedClosed
2026-06-301,14992.4%14244737094
2026-03-311,11492.2%120399412129
2025-12-311,13993.7%18338736899
2025-09-301,07593.4%99416393121
2025-06-301,11794.7%12547633988
2025-03-311,09193.0%14740137392
2024-12-311,04892.8%135432327101
2024-09-301,03190.5%12439235189
2024-06-301,00692.7%11842228744
2024-03-3194293.0%14132431756
2023-12-3186693.6%15630326549
2023-09-3077092.5%7827227349

Schedule 13D / 13G filers

FiledFormFiler% of classShares
2026-05-14SCHEDULE 13GCapital Research Global Investors5.6%3,146,345
2026-05-14SCHEDULE 13G/ACapital International Investors9.9%5,578,637
2026-05-14SCHEDULE 13G/ACapital World Investors8.3%4,705,728
2026-04-30SCHEDULE 13GVanguard Capital Management7.5%4,224,820
Required above 5% of a class; 13G is the passive form.

ETFs with the largest holding

ETFWeight in fundHolding value
VITSX0.08%$1.9B
VSMPX0.08%$1.9B
VTSAX0.08%$1.9B
VTI0.08%$1.9B
VFIAX0.09%$1.6B
VFFSX0.09%$1.6B

Share structure

Shares outstanding55,276,525
Float54,992,956
Free float99.5%

Income statement

Fiscal years, USD
FY2021FY2022FY2023FY2024FY2025
Revenue$4.8B$5.4B$6.6B$7.9B$8.8B
Cost of revenue$2.3B$2.3B$2.7B$3.3B$3.5B
Gross profit$2.5B$3.1B$3.8B$4.7B$5.3B
R&D$0$0$0$0$0
SG&A$685.0M$748.0M$770.0M$931.0M$921.0M
Operating income$1.7B$2.2B$2.9B$3.5B$4.2B
EBITDA$2.0B$2.5B$3.1B$3.8B$4.6B
Pretax income$715.0M$1.1B$1.7B$2.2B$2.6B
Income tax$34.0M$261.0M$417.0M$500.0M$555.0M
Net income$680.0M$866.0M$1.3B$1.7B$2.1B
EPS, diluted$10.39$13.40$22.03$25.62$32.08
Diluted shares58.4M58.2M57.2M57.8M58.2M

Balance sheet

FY2021FY2022FY2023FY2024FY2025
Cash & short-term investments$4.8B$3.0B$3.5B$6.3B$2.8B
Receivables$791.0M$967.0M$1.2B$1.4B$1.6B
Inventory$1.2B$1.3B$1.6B$1.9B$2.1B
Total current assets$7.0B$5.6B$6.7B$10.0B$7.0B
PP&E, net$770.0M$807.0M$1.3B$1.5B$1.6B
Goodwill & intangibles$11.4B$11.4B$11.7B$13.9B$14.1B
Total assets$19.3B$18.1B$20.0B$25.6B$22.9B
Accounts payable$227.0M$279.0M$305.0M$323.0M$368.0M
Total current liabilities$1.7B$1.4B$1.6B$6.3B$2.2B
Long-term debt$19.4B$19.4B$19.3B$24.3B$29.2B
Total liabilities$22.2B$21.9B$21.9B$31.9B$32.6B
Shareholders' equity−$2.9B−$3.8B−$2.0B−$6.3B−$9.7B

Cash flow statement

Outflows are negative
FY2021FY2022FY2023FY2024FY2025
Net income$681.0M$867.0M$1.3B$1.7B$2.1B
Depreciation & amortization$253.0M$253.0M$268.0M$312.0M$367.0M
Stock-based compensation$129.0M$153.0M$157.0M$217.0M$157.0M
Change in working capital−$124.0M−$260.0M−$431.0M−$302.0M−$558.0M
Operating cash flow$913.0M$948.0M$1.4B$2.0B$2.0B
Capital expenditure−$105.0M−$119.0M−$139.0M−$165.0M−$222.0M
Free cash flow$808.0M$829.0M$1.2B$1.9B$1.8B
Investing cash flow−$785.0M−$553.0M−$900.0M−$2.4B−$595.0M
Net debt issued / repaid−$125.0M−$275.0M−$173.0M$4.8B$5.1B
Buybacks−$128.0M−$912.0M$0$0−$500.0M
Dividends paid−$73.0M−$1.1B−$38.0M−$2.0B−$9.6B

Ratio history

Margins on the fiscal-year (TTM at Q4) basis; multiples at each year end
FY2021FY2022FY2023FY2024FY2025
Gross margin52.4%57.1%58.4%58.9%60.1%
Operating margin35.2%40.8%44.4%44.5%47.2%
Net margin14.2%16.0%19.7%21.6%23.5%
FCF margin16.8%15.3%18.8%23.7%20.6%
ROE-19.7%-25.9%-45.1%-41.4%-26.0%
ROIC13.1%13.1%15.5%22.1%18.7%
ROA3.6%4.6%6.8%7.5%8.6%
Debt / equity-6.86-5.25-9.96-3.96-3.10
Interest coverage1.6x2.0x2.4x2.6x2.7x
Current ratio4.233.964.271.583.21
Revenue growth−6.0%+13.1%+21.3%+20.6%+11.2%
EPS growth−4.6%+30.9%+48.6%+30.5%+20.8%
P/E at year end44.6x29.4x31.8x42.8x36.9x
EV / EBITDA at year end22.5x17.2x18.3x24.1x22.7x
FCF yield at year end2.67%3.25%2.99%2.56%2.37%
Dividend payout10.7%126.0%2.9%118.9%464.3%

Revenue by segment

FY2021FY2022FY2023FY2024FY2025
Power And Control$2.5B$2.9B$3.3B$3.9B$4.6B
Airframe$2.1B$2.4B$3.1B$3.8B$4.1B
Non-Aviation Related Business$165.0M$165.0M$175.0M$190.0M$160.0M

Revenue by region · FY2025

UNITED STATES$5.5B · 63%
Non-US$3.3B · 37%

Street estimates by fiscal year

Next report 2026-11-11 · consensus EPS $12.22 · these are analysts' numbers, not ours
Fiscal yearRevenue (mean)Revenue rangeEPS (mean)EPS rangeAnalystsP/E on mean EPS
2026$10.5B$10.5B – $10.6B$41.17$40.70 – $41.701427.7x
2027$11.7B$11.5B – $12.0B$48.66$46.57 – $50.851323.4x
2028$12.6B$11.8B – $13.2B$55.62$41.53 – $63.831120.5x

Reported vs expected, every quarter on file

ReportedEPS expectedEPS actualEPS surpriseRevenue expectedRevenue actualRevenue surprise
2026-08-04$10.30$10.87+5.5%$2.7B$2.7B+2.4%
2026-05-05$9.46$9.85+4.1%$2.5B$2.5B+3.1%
2026-02-03$8.10$8.23+1.6%$2.3B$2.3B+1.2%
2025-11-12$10.04$10.82+7.8%$2.4B$2.4B+1.6%
2025-08-05$9.89$9.60−2.9%$2.3B$2.2B−2.7%
2025-05-06$8.96$9.11+1.7%$2.2B$2.1B−0.8%
2025-02-04$7.83$7.830.0%$2.0B$2.0B−1.3%
2024-11-07$9.26$9.83+6.2%$2.2B$2.2B+1.1%
2024-08-06$8.56$9.00+5.1%$2.0B$2.0B+2.0%
2024-05-07$7.42$7.99+7.7%$1.9B$1.9B+2.1%
2024-02-08$6.41$7.16+11.7%$1.7B$1.8B+6.7%
2023-11-09$7.54$8.03+6.5%$1.8B$1.9B+0.9%
2023-08-08$6.39$7.25+13.5%$1.7B$1.7B+3.4%
2023-05-09$5.45$5.98+9.7%$1.5B$1.6B+4.5%
2023-02-07$4.31$4.58+6.3%$1.4B$1.4B+1.6%
2022-11-10$5.20$5.50+5.8%$1.5B$1.5B+0.4%
2022-08-09$4.39$4.85+10.5%$1.4B$1.4B−0.4%
2022-05-10$3.69$3.86+4.6%$1.3B$1.3B+1.2%
2022-02-08$3.14$3.00−4.5%$1.2B$1.2B−3.2%
2021-11-16$3.70$4.25+14.9%$1.2B$1.3B+3.7%
2021-08-10$2.99$3.33+11.4%$1.2B$1.2B−0.4%
2021-05-11$2.52$2.58+2.4%$1.2B$1.2B+1.5%
2021-02-09$2.09$1.97−5.7%$1.1B$1.1B−1.0%
2020-11-12$1.90$2.89+52.1%$3.5B$1.2B−66.8%

Off-exchange (dark pool) volume, weekly

FINRA ATS, $ billions · through the week of 2026-08-31 (FINRA publishes with a delay)
0.606-150.706-220.706-290.507-060.607-130.507-200.607-271.508-030.808-100.608-170.808-240.608-31
Week ofNotionalSharesTrades
2026-08-31$581.1M500,03937,010
2026-08-24$779.6M650,69938,530
2026-08-17$606.3M500,49637,352
2026-08-10$761.1M615,22045,830
2026-08-03$1.5B1,166,00066,258
2026-07-27$649.9M510,96838,891

Short-sale share of off-exchange volume

daily 20-day average
07-2310-1552.8%
DateShort shareShort volumeTotal volume
2026-10-1552.8%59,183112,006
2026-10-1450.1%54,734109,321
2026-10-1342.7%65,516153,575
2026-10-1251.7%72,488140,223
2026-10-0962.2%72,380116,373
2026-10-0854.6%69,876127,952
2026-10-0759.6%99,078166,356
2026-10-0646.3%48,571104,953
2026-10-0545.2%51,296113,379
2026-10-0261.8%71,122115,007
A daily flow measure from FINRA, not short interest.

Seasonality

Average return by calendar month
+4.7Jan+1.6Feb-1.1Mar+3.2Apr+4.1May+0.4Jun+3.3Jul+2.4Aug+0.3Sep+1.3Oct+5.3Nov+1.7Dec
MonthAvg returnUp yearsYears
Jan+4.7%65%20
Feb+1.6%75%20
Mar−1.1%57%21
Apr+3.2%65%20
May+4.1%70%20
Jun+0.4%55%20
Jul+3.3%65%20
Aug+2.4%65%20
Sep+0.3%50%20
Oct+1.3%65%20
Nov+5.3%80%20
Dec+1.7%60%20
History, not a forecast.

Indicators

as of 2026-10-16
RSI 1456.8
MFI61.2
ADX18.2
Stochastic %K / %D78.4 / 74.7
Williams %R-23.5
CCI279
TSI / signal-6.7 / -18.9
Chaikin money flow0.17
ATR$24.42
Bollinger width5.0%
Volume vs 20-day avg0.98x
SupertrendDown

Moving averages and bands

level (price vs level)
SMA 20$1,106.65 (+3.0%)
SMA 50$1,147.73 (−0.7%)
SMA 200$1,238.26 (−8.0%)
EMA 21$1,115.38 (+2.1%)
EMA 50$1,143.89 (−0.4%)
EMA 200$1,218.46 (−6.5%)
Bollinger upper$1,134.15 (+0.5%)
Bollinger lower$1,079.15 (+5.6%)
Parabolic SAR$1,083.07 (+5.2%)
Open the live chart, 110+ indicators

About TransDigm Group Incorporated

TransDigm Group Incorporated is a global aerospace enterprise specializing in the development, manufacturing, and distribution of a wide array of aircraft components. Operating across the United States and internationally, its business is structured around three distinct divisions. The Power & Control division focuses on critical systems, providing solutions such as electromechanical actuators and control mechanisms, engine ignition and related technologies, precision pumps and valves, power regulation equipment, specialized electric motors and generators, energy storage units, data communication and power management systems, diverse sensors, switching gear, and material handling equipment including hoists and cargo systems. This segment caters to a broad clientele, including engine and power system manufacturers, airlines, independent maintenance providers, governmental defense agencies, and aircraft repair facilities. The Airframe segment delivers structural and interior components. Its offerings encompass custom latching and locking mechanisms, structural rods and connectors, resilient sealing solutions, cockpit safety and display units, advanced audio, radio, and antenna technologies, restroom facilities, passenger safety restraints, bespoke interior panels and associated parts, thermal management and insulation products, illumination and control systems, and parachutes. Its customer base includes airframe constructors, cabin system integrators, commercial airlines, third-party maintenance organizations, military procurement offices, and overhaul centers. Beyond aviation, the Non-Aviation segment addresses diverse industrial needs. It supplies safety harnesses for ground vehicles, electromechanical actuators for space vehicles, hydraulic and electromechanical actuators and fuel valves for terrestrial gas turbines, specialized refueling systems for heavy machinery in sectors like mining and construction, and sophisticated turbine controls for the energy and petrochemical industries. This segment's clients span suppliers of off-road vehicles and their subsystems, manufacturers of child safety seats, providers of satellite and space systems, and producers of heavy industrial equipment. Established in 1993, TransDigm Group Incorporated maintains its headquarters in Cleveland, Ohio.

https://www.transdigm.com

Key executives

NameTitlePayBorn
Joel ReissCo-Chief Operating Officer$31.1M1970
Patrick MurphyCo-Chief Operating Officer$31.1M1972
Michael J. LismanChief Executive Officer, President & Director$28.5M1983
Sarah WynneChief Financial Officer$11.4M1973
Armani VadieeGeneral Counsel, Chief Compliance Officer & Secretary$1.8M1980
Alex FeilExecutive Vice President$578,386—
Jason MarlinExecutive Vice President$578,386—
Marko EnderleinExecutive Vice President$578,386—

Executive pay, latest proxy

ExecutiveYearSalaryStock awardsIncentiveTotal
Joel B. Reiss, Co-Chief Operating Officer2025$768,140$0$905,062$39.5M
Michael J. Lisman, Co-Chief Operating Officer2025$768,140$0$905,062$33.9M
Kevin M. Stein, President, Chief Executive Officer, and Director2025$1.5M$0$2.6M$25.2M
Sarah L. Wynne, Chief Financial Officer2025$721,375$0$849,961$15.9M
Patrick J. Murphy, Co-Chief Operating Officer2025$551,400$0$472,354$13.8M

Employees

10k201818k201914k202013k202114k202216k202317k202416k2025

Dividends

Ex-dateAmountPaid
2025-09-02$902025-09-12
2024-10-04$752024-10-18
2023-11-17$352023-11-27
2022-08-18$18.52022-08-26
2019-12-27$32.52020-01-07
2019-08-15$302019-08-23
2017-08-31$222017-09-12
2016-10-20$242016-11-01

Moat model

Wide · Efficient Scale · 2026-06-27
Cost advantage70
Intangibles74
Switching costs78
Network effect70
Efficient scale80
Our component scores (0-100) and overall 74.5; a model of the business, not a call on the stock.
InsiderStreet reports findings from filings and market data. Nothing on this page is a recommendation to buy or sell.Every figure is computed in code · data as of 2026-10-17

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