View Future GrowthTransDigm Group 과거 순이익 실적과거 기준 점검 2/6TransDigm Group은 연평균 26.9%의 비율로 수입이 증가해 온 반면, Aerospace & Defense 산업은 연평균 22.5%의 비율로 증가했습니다. 매출은 연평균 15.7%의 비율로 증가했습니다.핵심 정보26.91%순이익 성장률26.93%주당순이익(EPS) 성장률Aerospace & Defense 산업 성장률16.71%매출 성장률15.68%자기자본이익률n/a순이익률19.61%최근 순이익 업데이트28 Mar 2026최근 과거 실적 업데이트공시 • Apr 27TransDigm Group Incorporated to Report Q2, 2026 Results on May 05, 2026TransDigm Group Incorporated announced that they will report Q2, 2026 results Pre-Market on May 05, 2026공시 • Nov 03TransDigm Group Incorporated to Report Q4, 2025 Results on Nov 12, 2025TransDigm Group Incorporated announced that they will report Q4, 2025 results Pre-Market on Nov 12, 2025공시 • Jul 28TransDigm Group Incorporated to Report Q3, 2025 Results on Aug 05, 2025TransDigm Group Incorporated announced that they will report Q3, 2025 results Pre-Market on Aug 05, 2025공시 • Apr 28TransDigm Group Incorporated to Report Q2, 2025 Results on May 06, 2025TransDigm Group Incorporated announced that they will report Q2, 2025 results Pre-Market on May 06, 2025공시 • Jan 27+ 1 more updateTransDigm Group Incorporated to Report Q1, 2025 Results on Feb 04, 2025TransDigm Group Incorporated announced that they will report Q1, 2025 results at 9:30 AM, US Eastern Standard Time on Feb 04, 2025Reported Earnings • Nov 08Full year 2024 earnings released: EPS: US$29.65 (vs US$22.03 in FY 2023)Full year 2024 results: EPS: US$29.65 (up from US$22.03 in FY 2023). Revenue: US$7.94b (up 21% from FY 2023). Net income: US$1.71b (up 36% from FY 2023). Profit margin: 22% (up from 19% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 34% per year whereas the company’s share price has increased by 30% per year.모든 업데이트 보기Recent updates공시 • May 07TransDigm Group Incorporated Revises Earnings Guidance for the Year 2026TransDigm Group Incorporated revised earnings guidance for the year ending September 30, 2026. For the year, the company revised net sales are anticipated to be in the range of $10,300 million to $10,420 million compared with $8,831 million in fiscal 2025, an increase of 17.3% at the midpoint (an increase of $420 million at the midpoint from prior guidance); Net income is anticipated to be in the range of $2,026 million to $2,106 million compared with $2,074 million in fiscal 2025, a decrease of 0.4% at the midpoint primarily due to additional interest expense relating to the financing activities completed during the fourth quarter of fiscal 2025 and the second quarter of fiscal 2026 (an increase of $58 million at the midpoint from prior guidance); Earnings per share is expected to be in the range of $33.91 to $35.29 per share based upon weighted average shares outstanding of 58.0 million shares, compared with $32.08 per share in fiscal 2025, which is an increase of 7.9% at the midpoint (an increase of $1.17 per share at the midpoint from prior guidance). net sales of $10,300 million to $10,420 million compared to previous guidance of $9,845 million to $10,035 million. GAAP Net Income of $2,026 million to $2,106 million compared to previous guidance of $1,952 million to $2,064 million. GAAP Earnings Per Share OF $33.91 to $35.29 compared to previous guidance of $32.47 to $34.39 per share.공시 • Apr 27TransDigm Group Incorporated to Report Q2, 2026 Results on May 05, 2026TransDigm Group Incorporated announced that they will report Q2, 2026 results Pre-Market on May 05, 2026공시 • Apr 16TransDigm Group Incorporated Provides Earnings Guidance for the Thirteen-Week Period Ended March 28, 2026TransDigm Group Incorporated provided earnings guidance for the thirteen-week period ended March 28, 2026. For the period, the company estimates Net sales of approximately $2,540 million to $2,545 million.공시 • Apr 07TransDigm Group Incorporated (NYSE:TDG) completed the acquisition of Victor Sierra Aviation Holdings LLC and Jet Parts Engineering, LLC from Vance Street Management LLC.TransDigm Group Incorporated (NYSE:TDG) signed a binding Stock Purchase Agreement to acquire Victor Sierra Aviation Holdings LLC and Jet Parts Engineering, LLC from Vance Street Management LLC for $2.2 billion on January 16, 2026. A cash consideration of $2.2 billion will be paid by TransDigm Group Incorporated. As part of consideration, $2.2 billion is paid towards common equity of Victor Sierra Aviation Holdings LLC and Jet Parts Engineering, LLC. As of February 9, 2026, TransDigm Group Incorporated announced that its wholly-owned subsidiary, TransDigm Inc., is planning, subject to market and other conditions, to offer an incremental $2,000 million of new debt. The offering is expected to be comprised of $1,000 million of new senior subordinated notes and $1,000 million of new term loans to be launched concurrently. TransDigm Group intends to use the net proceeds of the incremental debt, together with cash on hand, to fund the aggregate purchase price of the previously announced and expected acquisitions of (i) Stellant Systems, Inc. and (ii) Jet Parts Engineering and Victor Sierra Aviation Holdings (collectively, the “Acquisitions”) and for related transaction fees and expenses. For the period ending December 31, 2025, Victor Sierra Aviation Holdings LLC and Jet Parts Engineering, LLC combinedly reported total revenue of $280 million. The transaction is subject to approval by regulatory board / committee. Harris Williams LLC acted as financial advisor for Victor Sierra Aviation Holdings LLC, Jet Parts Engineering, LLC and Vance Street Management LLC. Paul Hastings LLP acted as legal advisor for Victor Sierra Aviation Holdings LLC, Jet Parts Engineering, LLC and Vance Street Management LLC. Baker & Hostetler LLP acted as legal advisor for TransDigm Group Incorporated. TransDigm Group Incorporated (NYSE:TDG) completed the acquisition of Victor Sierra Aviation Holdings LLC and Jet Parts Engineering, LLC from Vance Street Management LLC on April 7, 2026.공시 • Feb 04Transdigm Group Incorporated Raises Earnings Guidance for the Fiscal Year 2026TransDigm Group Incorporated raised earnings guidance for the fiscal year 2026. For the period, the company Net sales are anticipated to be in the range of $9,845 million to $10,035 million compared with $8,831 million in fiscal 2025, an increase of 12.6% at the midpoint (an increase of $90 million at the midpoint from prior guidance); Net income is anticipated to be in the range of $1,952 million to $2,064 million compared with $2,074 million in fiscal 2025, a decrease of 3.2% at the midpoint primarily due to additional interest expense relating to the financing activities completed during the fourth quarter of fiscal 2025 (an increase of $42 million at the midpoint from prior guidance); Earnings per share is expected to be in the range of $32.47 to $34.39 per share based upon weighted average shares outstanding of 58.3 million shares, compared with $32.08 per share in fiscal 2025, which is an increase of 4.2% at the midpoint (an increase of $0.86 per share at the midpoint from prior guidance).공시 • Jan 26+ 1 more updateTransDigm Group Incorporated, Annual General Meeting, Mar 05, 2026TransDigm Group Incorporated, Annual General Meeting, Mar 05, 2026. Location: 1350 euclid avenue, suite 1600, ohio 44115, cleveland United States공시 • Jan 01TransDigm Group Incorporated (NYSE:TDG) entered into a definitive agreement to acquire Stellant Systems, Inc. from Arlington Management Employees, LLC for approximately $960 million.TransDigm Group Incorporated (NYSE:TDG) entered into a definitive agreement to acquire Stellant Systems, Inc. from Arlington Management Employees, LLC for approximately $960 million on December 31, 2025. A cash consideration of $960 million will be paid by TransDigm Group Incorporated. As part of consideration, $960 million is paid towards common equity of Stellant Systems, Inc. The transaction is subject to customary regulatory approvals and closing conditions. The transaction is expected to close in 2026. Harris Williams served as exclusive financial advisor to Arlington Management Employees, LLC and Stellant Systems, Inc. Douglas Ryder, Michael Chung, Sara Zablotney, Steven Cantor, Ivan Schlager, Justin Schenck, Luci Hague, Michael Krasnovsky, Christie Alcala, Maureen O’Brien, Jack Amaro, Matthew Lovell, Joanna Schlingbaum, Roberto Miceli, Jonathan Kidwell, Andrea Murino, Noah Pinegar and Michael Thorpe of Kirkland & Ellis served as legal counsel to Arlington Management Employees, LLC and Stellant Systems, Inc.공시 • Nov 13TransDigm Provides Earnings Guidance for the Year Ending September 30, 2026TransDigm provided earnings guidance for the year ending September 30, 2026. The company's net sales are anticipated to be in the range of $9,750 million to $9,950 million compared with $8,831 million in fiscal 2025, an increase of 11.5% at the midpoint. Net income is anticipated to be in the range of $1,906 million to $2,026 million compared with $2,074 million in fiscal 2025, a decrease of 5.2% at the midpoint (primarily due to additional interest expense relating to the financing activities completed during the fourth quarter of fiscal 2025) with the net income midpoint of $1,966 million. Earnings per share is expected to be in the range of $31.55 to $33.59 per share based upon weighted average shares outstanding of 58.5 million shares, compared with $32.08 per share in fiscal 2025, which is an increase of 1.5% at the midpoint and with the Earnings per share midpoint of $32.57. Fiscal 2026 outlook is based on the following market growth assumptions: Commercial OEM revenue growth in the high single-digit to mid-teens percentage range; Commercial aftermarket revenue growth in the high single-digit percentage range; and Defense revenue growth in the mid single-digit to high single-digit percentage range.공시 • Nov 03TransDigm Group Incorporated to Report Q4, 2025 Results on Nov 12, 2025TransDigm Group Incorporated announced that they will report Q4, 2025 results Pre-Market on Nov 12, 2025공시 • Oct 24TransDigm Group Incorporated Announces Board Appointments, Effective October 23, 2025On October 23, 2025, the Board of Directors of TransDigm Group Incorporated appointed Michael Lisman and Peter Palmer to the Company’s Board, effective October 23, 2025 . Mr. Lisman currently serves as the Company’s President and Chief Executive Officer. Mr. Lisman previously served as Co-Chief Operating Officer of the Company, Chief Financial Officer of the Company, and an Executive Vice President of the Company, with direct operational oversight for several TransDigm's operating units. Additionally, Mr. Lisman previously led the Company's Mergers and Acquisitions group. Mr. Palmer previously served as an Executive Vice President of the Company prior to his retirement at the end of 2024, following a 24-year career at TransDigm. Prior to becoming an Executive Vice President of the Company, he served as President of several TransDigm operating units. He brings to the Board extensive operational and corporate leadership experience, as well as significant expertise in corporate governance and mergers and acquisitions. Over the course of his career, Mr. Palmer has held numerous senior roles involving operations, strategic development, and business integration, and has served on other aerospace company boards. Neither Mr. Lisman nor Mr. Palmer has been appointed to any committees of the Board.공시 • Oct 02Transdigm Group Incorporated Announce President ChangesTransDigm Group Incorporated appointed Mike Lisman as the Company’s President, effective October 1, 2025. Mr. Lisman succeeds Kevin Stein, who retired as President and Chief Executive Officer of the Company effective September 30, 2025. Mr. Lisman has served as Co-Chief Operating Officer of the Company since May 2023. Prior to this role, he held several positions across the Company, including Chief Financial Officer and Executive Vice President, with direct operational oversight for several TransDigm's operating units. Additionally, Mr. Lisman previously held roles as the leader of the Company's Mergers and Acquisitions group and as a Business Unit Manager at one of TransDigm's operating units. Prior to joining the Company in 2015, Mr. Lisman worked in the private equity industry at the New York and London offices of Warburg Pincus. He received a B.S. in aerospace engineering from Notre Dame and an MBA from Harvard Business School. In connection with Mr. Lisman’s appointment as President, the Company executed a Second Amended and Restated Employment Agreement with Mr. Lisman, dated October 1, 2025.공시 • Aug 20TransDigm Group Incorporated Declares Special Cash Dividend, Payable on September 12, 2025TransDigm Group Incorporated announced that its Board of Directors has authorized and declared a special cash dividend of $90.00 on each outstanding share of common stock and cash dividend equivalent payments on eligible vested options granted under its stock option plans. The record date for the special dividend is September 2, 2025, and the payment date for the dividend is September 12, 2025.공시 • Aug 05TransDigm Group Incorporated Provides Earnings Guidance for the Full Year 2025TransDigm Group Incorporated provided earnings guidance for the full year 2025. For the year, the company expects Net sales are anticipated to be in the range of $8,760 million to $8,820 million compared with $7,940 million in fiscal 2024, an increase of 10.7% at the midpoint; Net income is anticipated to be in the range of $1,932 million to $1,980 million compared with $1,715 million in fiscal 2024, an increase of 14.1% at the midpoint; Earnings per share is expected to be in the range of $32.39to $33.21 per share based upon weighted average shares outstanding of 58.175 million shares, compared with $25.62 per share in fiscal 2024, which is an increase of 28.0% at the midpoint.공시 • Jul 28TransDigm Group Incorporated to Report Q3, 2025 Results on Aug 05, 2025TransDigm Group Incorporated announced that they will report Q3, 2025 results Pre-Market on Aug 05, 2025공시 • Jul 25TransDigm Group Incorporated Announces Jorge Valladares III Decides to Resign from its Board of Directors, Effective July 25, 2025TransDigm Group Incorporated announced that on July 25, 2025, Mr. Jorge Valladares III notified the company of his decision to resign from the Board of Directors, effective immediately. The resignation is due to professional obligations arising from a recently accepted position at another organization and is not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices.공시 • Jul 10Transdigm Group Incorporated Announces Cessation of Jessica L. Warren as General Counsel, Chief Compliance Officer, and SecretaryEffective July 7, 2025, Jessica L. Warren ceased serving as General Counsel, Chief Compliance Officer, and Secretary of TransDigm Group Incorporated (the “Company”).공시 • Jul 02TransDigm Group Incorporated (NYSE:TDG) completed the acquisition of Servotronics, Inc. (NYSEAM:SVT) from Paul Snyder III and other shareholder.TransDigm Group Incorporated (NYSE:TDG) agreed to acquire Servotronics, Inc. (NYSEAM:SVT) from Paul Snyder III and other shareholder for $98.4 million on May 18, 2025. A cash consideration valued at $38.5 per share will be paid by TransDigm Group Incorporated. In case of termination of transaction, Servotronics will pay a termination fee of $5 million. Following the purchase of shares through the tender offer, TransDigm will complete the acquisition of Servotronics by acquiring all remaining shares not acquired in the offer through a merger at the same price as the tender offer. The acquisition will be funded with TransDigm's cash on hand and is not subject to any financing conditions. Under the terms of the merger agreement, the parties anticipate that TransDigm will commence a cash tender offer for all of the outstanding shares of Servotronics on or before June 9, 2025. On June 18, 2025, Servotronics shareholder has filed a complaint in state Supreme Court in Erie County seeking to block proposed acquisition with TransDigm Group Incorporated. Common stock of Servotronics will cease to trade on NYSE American and a notice of delisting with respect to shares of Servotronics is expected to be filed promptly. The transaction is subject to approval of merger agreement by target board and minimum tender. The deal has been unanimously approved by the board of Servotronics. As of May 29, 2025, the Offer Price (as defined in the Merger Agreement) was increased from $38.50 per share in cash to $47.00 per share in cash. In addition, the termination fee to be paid by the Company upon termination of the Amended Merger Agreement under certain circumstances was increased from $5 million to $12.5 million. Pursuant to the terms of the Amendment, TransDigm will be obligated to pay the Servotronics a reverse termination fee of $25 million upon termination of the Amended Merger Agreement under certain circumstances. Michael C. Donlon, Esq of Bond, Schoeneck & King, PLLC acted as legal advisor for Servotronics, Inc. John Allotta and John Harrington of Baker & Hostetler LLP acted as legal advisor for TransDigm Group Incorporated. Houlihan Lokey, Inc. acted as financial advisor for Servotronics, Inc. Houlihan Lokey, Inc. acted as fairness opinion provider for Servotronics, Inc. TransDigm Group Incorporated (NYSE:TDG) completed the acquisition of Servotronics, Inc. (NYSEAM:SVT) from Paul Snyder III and other shareholder on July 1, 2025. Each outstanding share of Servotronics' common stock that was not validly tendered in the tender offer will be converted into the right to receive an amount equal to the tender offer price.공시 • Jun 30+ 1 more updateTransDigm Group Incorporated (NYSE:TDG) agreed to acquire Simmonds Precision Products, Inc. from RTX Corporation (NYSE:RTX) for approximately $770 million.TransDigm Group Incorporated (NYSE:TDG) agreed to acquire Simmonds Precision Products, Inc. from RTX Corporation (NYSE:RTX) for approximately $770 million on June 30, 2025. The transaction is subject to approval by regulatory board / committee.공시 • May 20TransDigm Group Incorporated (NYSE:TDG) agreed to acquire Servotronics, Inc. (NYSEAM:SVT) for $98.4 million.TransDigm Group Incorporated (NYSE:TDG) agreed to acquire Servotronics, Inc. (NYSEAM:SVT) for $98.4 million on May 18, 2025. A cash consideration valued at $38.5 per share will be paid by TransDigm Group Incorporated. In case of termination of transaction, seller will pay a termination fee of $5 million. Following the purchase of shares through the tender offer, TransDigm will complete the acquisition of Servotronics by acquiring all remaining shares not acquired in the offer through a merger at the same price as the tender offer. The acquisition will be funded with TransDigm's cash on hand and is not subject to any financing conditions. Under the terms of the merger agreement, the parties anticipate that TransDigm will commence a cash tender offer for all of the outstanding shares of Servotronics on or before June 9, 2025. The transaction is subject to approval of merger agreement by target board and minimum tender. The deal has been unanimously approved by the board of Servotronics. Michael C. Donlon, Esq of Bond, Schoeneck & King, PLLC acted as legal advisor for Servotronics, Inc. John Allotta and John Harrington of Baker & Hostetler LLP acted as legal advisor for TransDigm Group Incorporated. Houlihan Lokey, Inc. acted as financial advisor for Servotronics, Inc. Houlihan Lokey, Inc. acted as fairness opinion provider for Servotronics, Inc.공시 • May 06+ 2 more updatesTransdigm Group Incorporated Reaffirms Earnings Guidance for the Year 2025TransDigm Group Incorporated reaffirmed earnings guidance for the year 2025. For the year company expects Net Sales of $8,750 to $8,950 compared to $8,750 to $8,950 previously; GAAP Net Income of $1,925 to $2,037 million compared with $1,715 million in fiscal 2024, an increase of 15.5% at the midpoint; Earnings per share is expected to be in the range of $32.27 to $34.19 per share based upon weighted average shares outstanding of 58.15 million shares, compared with $25.62 per share in fiscal 2024, which is an increase of 29.7% at the midpoint.공시 • Apr 28TransDigm Group Incorporated to Report Q2, 2025 Results on May 06, 2025TransDigm Group Incorporated announced that they will report Q2, 2025 results Pre-Market on May 06, 2025공시 • Jan 27+ 1 more updateTransDigm Group Incorporated to Report Q1, 2025 Results on Feb 04, 2025TransDigm Group Incorporated announced that they will report Q1, 2025 results at 9:30 AM, US Eastern Standard Time on Feb 04, 2025공시 • Nov 20Lagercrantz Group AB (publ) (OM:LAGR B) acquired Mastsystem Int'l Oy.Lagercrantz Group AB (publ) (OM:LAGR B) signed an agreement to acquire Mastsystem Int'l Oy on September 13, 2024. Mastsystem is generating an annual revenue of around €15 million with EBITA of around €6 million. The acquisition will be done at an EV/EBITA multiple of approximately 7x. The acquisition is subject to approval by the Finnish authorities, which is now taking place. Mastsystem will be part of the division Electrify. The acquisition is expected to generate a small positive addition to Lagercrantz’ earnings per share. Lagercrantz Group AB (publ) (OM:LAGR B) completed the acquisition of Mastsystem Int'l Oy on November 20, 2024. Starting in December 2024, Mastsystem will be integrated into Division Electrify.New Risk • Nov 08New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 371% Cash payout ratio: 237% Dividend yield: 5.6% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.7x net interest cover). Negative equity (-US$2.5b). Dividend is not well covered by earnings and cash flows. Payout ratio: 371% Cash payout ratio: 237%Reported Earnings • Nov 08Full year 2024 earnings released: EPS: US$29.65 (vs US$22.03 in FY 2023)Full year 2024 results: EPS: US$29.65 (up from US$22.03 in FY 2023). Revenue: US$7.94b (up 21% from FY 2023). Net income: US$1.71b (up 36% from FY 2023). Profit margin: 22% (up from 19% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 34% per year whereas the company’s share price has increased by 30% per year.공시 • Oct 28TransDigm Group Incorporated to Report Q4, 2024 Results on Nov 07, 2024TransDigm Group Incorporated announced that they will report Q4, 2024 results Pre-Market on Nov 07, 2024Upcoming Dividend • Sep 28Upcoming dividend of US$75.00 per shareEligible shareholders must have bought the stock before 04 October 2024. Payment date: 18 October 2024. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.0%).공시 • Sep 13Lagercrantz Group AB (publ) (OM:LAGR B) signed an agreement to acquire Mastsystem Int'l Oy.Lagercrantz Group AB (publ) (OM:LAGR B) signed an agreement to acquire Mastsystem Int'l Oy on September 13, 2024. Mastsystem is generating an annual revenue of around €15 million with EBITA of around €6 million. The acquisition will be done at an EV/EBITA multiple of approximately 7x. The acquisition is subject to approval by the Finnish authorities, which is now taking place. Mastsystem will be part of the division Electrify. The acquisition is expected to generate a small positive addition to Lagercrantz’ earnings per share.Reported Earnings • Aug 07Third quarter 2024 earnings released: EPS: US$7.96 (vs US$6.14 in 3Q 2023)Third quarter 2024 results: EPS: US$7.96 (up from US$6.14 in 3Q 2023). Revenue: US$2.05b (up 17% from 3Q 2023). Net income: US$461.0m (up 31% from 3Q 2023). Profit margin: 23% (up from 20% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.공시 • Aug 07TransDigm Group Incorporated Raises Earnings Guidance for the Fiscal Year Ending September 30, 2024TransDigm Group Incorporated raised earnings guidance for the fiscal year ending September 30, 2024. For the year, the company’s net sales are anticipated to be in the range of $7,870 million to $7,930 million compared with $6,585 million in fiscal 2023, an increase of 20.0% at the midpoint (an increase of $160 million at the midpoint from prior guidance); Net income is anticipated to be in the range of $1,632 million to $1,678 million compared with $1,299 million in fiscal 2023, an increase of 27.4% at the midpoint (an increase of $8 million at the midpoint from prior guidance); Earnings per share is expected to be in the range of $26.47 to $27.27 per share based upon weighted average shares outstanding of 57.85 million shares, compared with $22.03 per share in fiscal 2023, which is an increase of 22.0% at the midpoint (an increase of $0.14 per share at the midpoint from prior guidance); Fiscal 2024 outlook is based on the following market growth assumptions: Commercial OEM revenue growth around 20%; Commercial aftermarket revenue growth in the mid-teens percentage range; and Defense revenue growth in the high-teens percentage range.공시 • Jul 31TransDigm Group Incorporated (NYSE:TDG) completed the acquisition of Raptor Scientific LLC from L Squared Capital Partners.TransDigm Group Incorporated (NYSE:TDG) entered into a definitive agreement to acquire Raptor Scientific LLC from L Squared Capital Partners for approximately $700 million on May 28, 2024. The acquisition is expected to be financed through existing cash on hand. Transaction is subject to regulatory approval. TransDigm Group Incorporated (NYSE:TDG) completed the acquisition of Raptor Scientific LLC from L Squared Capital Partners on July 31, 2024.공시 • Jul 29TransDigm Group Incorporated to Report Q3, 2024 Results on Aug 06, 2024TransDigm Group Incorporated announced that they will report Q3, 2024 results Pre-Market on Aug 06, 2024Board Change • Jul 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 4 highly experienced directors. Director Jorge Valladares was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공시 • May 31Cerberus Capital Management, L.P. acquired Calspan’s hypersonic and defense test systems business units of TransDigm Group Incorporated (NYSE:TDG).Cerberus Capital Management, L.P. acquired Calspan’s hypersonic and defense test systems business units of TransDigm Group Incorporated (NYSE:TDG) on May 30, 2024.Cerberus Capital Management, L.P completed the acquisition of Calspan’s hypersonic and defense test systems business units of TransDigm Group Incorporated (NYSE:TDG) on May 30, 2024.공시 • May 29TransDigm Group Incorporated (NYSE:TDG) entered into a definitive agreement to acquire Raptor Scientific LLC from L Squared Capital Partners for approximately $700 million.TransDigm Group Incorporated (NYSE:TDG) entered into a definitive agreement to acquire Raptor Scientific LLC from L Squared Capital Partners for approximately $700 million on May 28, 2024. The acquisition is expected to be financed through existing cash on hand. Transaction is subject to regulatory approval.공시 • May 23TransDigm Group Incorporated (NYSE:TDG) completed the acquisition of SEI Industries Ltd. for approximately $170 million.TransDigm Group Incorporated (NYSE:TDG) acquired SEI Industries Ltd. for approximately $170 million on May 22, 2024. SEI Industries employs approximately 80 people and is expected to generate approximately $30 million in revenue for the calendar year ending December 31, 2024. The acquisition was financed through existing cash on hand. TransDigm Group Incorporated (NYSE:TDG) completed the acquisition of SEI Industries Ltd. on May 22, 2024.공시 • May 09TransDigm Group Incorporated Revises Earnings Guidance for the Fiscal Year Ending September 30, 2024TransDigm Group Incorporated revised earnings guidance for the fiscal year ending September 30, 2024. For the year, Net sales are anticipated to be in the range of $7,680 million to $7,800 million against previous guidance of $7,575 million to $7,755 million. Net income is anticipated to be in the range of $1,608 million to $1,686 million compared with previous guidance of $1,560 million to $1,662 million. Earnings per share is expected to be in the range of $26.06 to $27.40 per share compared with previous guidance of $25.25 to $27.01 per share.Reported Earnings • May 08Second quarter 2024 earnings released: EPS: US$6.97 (vs US$5.32 in 2Q 2023)Second quarter 2024 results: EPS: US$6.97 (up from US$5.32 in 2Q 2023). Revenue: US$1.92b (up 21% from 2Q 2023). Net income: US$403.0m (up 33% from 2Q 2023). Profit margin: 21% (up from 19% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.공시 • May 01TransDigm Group Incorporated to Report Q2, 2024 Results on May 07, 2024TransDigm Group Incorporated announced that they will report Q2, 2024 results on May 07, 2024Reported Earnings • Feb 08First quarter 2024 earnings released: EPS: US$6.62 (vs US$3.33 in 1Q 2023)First quarter 2024 results: EPS: US$6.62 (up from US$3.33 in 1Q 2023). Revenue: US$1.79b (up 28% from 1Q 2023). Net income: US$382.0m (up 101% from 1Q 2023). Profit margin: 21% (up from 14% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.공시 • Feb 08TransDigm Group Incorporated Updates Earnings Guidance for the Fiscal Year 2024TransDigm Group Incorporated updated earnings guidance for the fiscal year 2024. For the year, the company now expects Net sales to be in the range of $7,575 million to $7,755 million compared with $6,585 million in fiscal 2023, an increase of 16.4% at the midpoint (an increase of $85 million at the midpoint from prior guidance); Net income is anticipated to be in the range of $1,560 million to $1,662 million compared with $1,299 million in fiscal 2023, an increase of 24.0% at the midpoint (a decrease of $86 million at the midpoint from prior guidance) and Earnings per share is expected to be in the range of $25.25 to $27.01 per share based upon weighted average shares outstanding of 57.8 million shares, compared with $22.03 per share in fiscal 2023, which is an increase of 18.6% at the midpoint (a decrease of $1.45 per share at the midpoint from prior guidance).공시 • Jan 30TransDigm Group Incorporated to Report Q1, 2024 Results on Feb 08, 2024TransDigm Group Incorporated announced that they will report Q1, 2024 results Pre-Market on Feb 08, 2024공시 • Jan 27TransDigm Group Incorporated, Annual General Meeting, Mar 07, 2024TransDigm Group Incorporated, Annual General Meeting, Mar 07, 2024, at 09:00 US Eastern Standard Time. Location: 1301 East Ninth Street, Suite 3000 Cleveland Ohio United States Agenda: To elect ten directors nominees to company's Board of directors; to ratify the appointment of Ernst & Young LLP as company's independent public accounting firm for the fiscal year ending September 30, 2024; and to consider other matters.New Risk • Jan 27New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.5x net interest cover). Interest payments are not well covered by earnings (2.5x net interest cover). Negative equity (-US$2.0b). Negative equity (-US$2.0b). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (2.2% increase in shares outstanding).공시 • Nov 11TransDigm Group Incorporated (NYSE:TDG) entered into a definitive agreement to acquire Electron Device Business from Communications & Power Industries, Inc. for approximately $1.4 billion.TransDigm Group Incorporated (NYSE:TDG) entered into a definitive agreement to acquire Electron Device Business from Communications & Power Industries, Inc. for approximately $1.4 billion on November 9, 2023. The consideration will be paid in cash. The acquisition is expected to be financed through existing cash on hand as well as new long-term debt. For the fiscal year ended September 30, 2023, Communications & Power Industries LLC generated approximately $300 million in revenue. The transaction is subject to regulatory approvals in the United States and United Kingdom and customary closing conditions. The transaction is expected to close by the end of TransDigm’s third fiscal quarter of 2024. Harris Williams LLC and Goldman Sachs & Co. LLC are acting as financial advisors and Kirkland & Ellis LLP is acting as legal advisor to TJC and CPI. Evercore is acting as financial advisor and BakerHostetler is acting as legal advisor to TransDigm Group.Reported Earnings • Nov 10Full year 2023 earnings released: EPS: US$22.03 (vs US$13.39 in FY 2022)Full year 2023 results: EPS: US$22.03 (up from US$13.39 in FY 2022). Revenue: US$6.59b (up 21% from FY 2022). Net income: US$1.26b (up 62% from FY 2022). Profit margin: 19% (up from 14% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.공시 • Nov 10+ 1 more updateTransdigm Group Incorporated Announces Special Cash Dividend, Payable on November 27, 2023TransDigm Group Incorporated has authorized a special cash dividend of $35.00 on each outstanding share of common stock and cash dividend equivalent payments under options granted under its stock options plans. The record date for the special dividend is November 20, 2023, and the payment date for the dividend is November 27, 2023.공시 • Oct 31TransDigm Group Incorporated to Report Q4, 2023 Results on Nov 09, 2023TransDigm Group Incorporated announced that they will report Q4, 2023 results Pre-Market on Nov 09, 2023공시 • Oct 28TransDigm Group Incorporated Announces Resignation of Mervin Dunn and John Staer from Board of DirectorsOn October 26, 2023, Mervin Dunn and John Staer, each a member of the Board of Directors (the “Board”) of TransDigm Group Incorporated (the “Company”), gave notice of their resignation from the Board and as a member of the Board committees on which they serve, effective immediately. Neither Mr. Dunn nor Mr. Staer is resigning from the Board because of any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices. Mr. Dunn joined the Board in 2009. Prior to his resignation, he served as a member of the Board’s Compensation Committee and Nominating & Corporate Governance Committee. Mr. Staer joined the Board in 2012. Prior to his resignation, he served as a member of the Board’s Audit Committee and Nominating & Corporate Governance Committee. The Company thanks both Mr. Dunn and Mr. Staer for their service and commitment to the Company.공시 • Aug 10TransDigm Group Incorporated Revises Earnings Guidance for the Fiscal Year 2023TransDigm Group Incorporated revised earnings guidance for the fiscal year 2023. For the year, the company expects net sales to be in the range of $6,525 million to $6,585 million against previous guidance range of $6,410 million to $6,500 million. GAAP net income from continuing operations to be in the range of $1,227 million to $1,251 million against previous guidance range of $1,141 million to $1,191 million. GAAP earnings per share from continuing operations to be in the range of$20.78 to $21.20 against previous guidance range of $19.30 to $20.18. Fiscal 2023 outlook is based on the following market growth assumptions: Commercial aftermarket revenue growth in the low 30% range; Commercial OEM revenue growth in the 20% to 25% range; and Defense revenue growth in the mid to high-single-digit percentage range.Reported Earnings • Aug 09Third quarter 2023 earnings released: EPS: US$6.14 (vs US$4.10 in 3Q 2022)Third quarter 2023 results: EPS: US$6.14 (up from US$4.10 in 3Q 2022). Revenue: US$1.74b (up 25% from 3Q 2022). Net income: US$351.0m (up 48% from 3Q 2022). Profit margin: 20% (up from 17% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.공시 • Aug 01TransDigm Group Incorporated to Report Q3, 2023 Results on Aug 08, 2023TransDigm Group Incorporated announced that they will report Q3, 2023 results Pre-Market on Aug 08, 2023공시 • May 27+ 1 more updateTransDigm Group Incorporated Appoints Sarah Wynne as Chief Financial OfficerOn May 26, 2023, the board of TransDigm Group Incorporated appointed Sarah Wynne, the company’s current chief accounting officer, as the chief financial officer of the company. Ms. Wynne will continue to serve as the company’s principal accounting officer. Ms. Wynne, 49, was appointed Chief Accounting Officer in November 2018. Prior to that, Ms. Wynne served as Group Controller from April 2015 to October 2018, as Controller of the Aero Fluid Products division of AeroControlex Group Inc. from 2009 to 2015, and previously in other accounting roles with TransDigm.공시 • May 10TransDigm Group Incorporated Revises Earnings Guidance for Fiscal 2023TransDigm Group Incorporated revised earnings guidance for fiscal 2023. For the year, company now expects Net sales to be in the range of $6,410 million to $6,500 million compared with $5,429 million in fiscal 2022 (an increase of $300 million at the mid-point); Net income from continuing operations is anticipated to be in the range of $1,141 million to $1,191 million compared with $866 million in fiscal 2022 (an increase of $46 million at the mid-point); Earnings per share from continuing operations is expected to be in the range of $19.30 to $20.18 per share based upon weighted average shares outstanding of 57.1 million shares compared with $13.38 per share in fiscal 2022 (an increase of $0.80 at the mid-point).Reported Earnings • May 10Second quarter 2023 earnings released: EPS: US$5.32 (vs US$3.38 in 2Q 2022)Second quarter 2023 results: EPS: US$5.32 (up from US$3.38 in 2Q 2022). Revenue: US$1.59b (up 20% from 2Q 2022). Net income: US$304.0m (up 53% from 2Q 2022). Profit margin: 19% (up from 15% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.Recent Insider Transactions • Mar 05Independent Director recently sold €3.1m worth of stockOn the 24th of February, Robert Small sold around 4k shares on-market at roughly €701 per share. This transaction amounted to 4.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €6.1m more than they bought in the last 12 months.공시 • Feb 08+ 1 more updateTransDigm Group Incorporated Revises Earnings Guidance for the Fiscal Year 2023TransDigm Group Incorporated revised earnings guidance for the fiscal year 2023. For the year, the company expects net sales to be in the range of $6,070 million to $6,240 million against previous guidance range of $5,990 million to $6,190 million. GAAP net income from continuing operations to be in the range of $1,080 million to $1,160 million against previous guidance range of $1,036 million to $1,116 million. GAAP earnings per share from continuing operations to be in the range of $18.24 to $19.64 against previous guidance range of $17.45 to $18.85. Fiscal 2023 outlook is based on the following market growth assumptions: Commercial aftermarket revenue growth in the high-teens percentage range (an increase from previous guidance of mid-teens percentage range); Commercial OEM revenue growth in the mid-teens percentage range; and Defense revenue growth in the low to mid-single-digit percentage range.Reported Earnings • Feb 08First quarter 2023 earnings released: EPS: US$3.99 (vs US$1.96 in 1Q 2022)First quarter 2023 results: EPS: US$3.99 (up from US$1.96 in 1Q 2022). Revenue: US$1.40b (up 17% from 1Q 2022). Net income: US$228.0m (up 97% from 1Q 2022). Profit margin: 16% (up from 9.7% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.공시 • Jan 31TransDigm Group Incorporated to Report Q1, 2023 Results on Feb 07, 2023TransDigm Group Incorporated announced that they will report Q1, 2023 results Pre-Market on Feb 07, 2023Buying Opportunity • Nov 19Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 9.4%. The fair value is estimated to be €721, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.2% over the last 3 years. Earnings per share has grown by 6.8%. For the next 3 years, revenue is forecast to grow by 8.7% per annum. Earnings is also forecast to grow by 22% per annum over the same time period.Board Change • Nov 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 6 highly experienced directors. Independent Director Jane Cronin was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 12Full year 2022 earnings released: EPS: US$13.39 (vs US$10.39 in FY 2021)Full year 2022 results: EPS: US$13.39 (up from US$10.39 in FY 2021). Revenue: US$5.43b (up 13% from FY 2021). Net income: US$779.0m (up 28% from FY 2021). Profit margin: 14% (up from 13% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year and the company’s share price has also increased by 7% per year.Board Change • Nov 09Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 6 highly experienced directors. Independent Director Jane Cronin was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공시 • Jul 30TransDigm Group Incorporated, Annual General Meeting, Mar 09, 2023TransDigm Group Incorporated, Annual General Meeting, Mar 09, 2023, at 09:00 US Eastern Standard Time.Board Change • May 08Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. Independent Director Jane Cronin was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Recent Insider Transactions • Nov 20Insider recently bought €168k worth of stockOn the 19th of November, Jane Cronin bought around 300 shares on-market at roughly €560 per share. In the last 3 months, there was an even bigger purchase from another insider worth €424k. Despite this recent purchase, insiders have collectively sold €6.9m more in shares than they bought in the last 12 months.Reported Earnings • Nov 17Full year 2021 earnings released: EPS US$10.39 (vs US$8.15 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: US$4.80b (down 6.0% from FY 2020). Net income: US$607.0m (up 30% from FY 2020). Profit margin: 13% (up from 9.2% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.Board Change • Nov 10Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. Independent Director Jane Cronin was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Board Change • Aug 12Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. Independent Director Jane Cronin was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Aug 12Third quarter 2021 earnings released: EPS US$5.43 (vs US$0.087 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$1.22b (up 19% from 3Q 2020). Net income: US$317.0m (up US$322.0m from 3Q 2020). Profit margin: 26% (up from net loss in 3Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.Reported Earnings • Aug 11Third quarter 2021 earnings released: EPS US$5.43 (vs US$0.087 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$1.22b (up 19% from 3Q 2020). Net income: US$317.0m (up US$322.0m from 3Q 2020). Profit margin: 26% (up from net loss in 3Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.Board Change • Aug 11Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. Independent Director Jane Cronin was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Is New 90 Day High Low • Mar 09New 90-day high: €509The company is up 1.0% from its price of €502 on 08 December 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Aerospace & Defense industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €557 per share.Recent Insider Transactions • Mar 05Vice Chairman recently sold €7.5m worth of stockOn the 3rd of March, Robert Henderson sold around 15k shares on-market at roughly €498 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €7.1m more than they bought in the last 12 months.Reported Earnings • Feb 12First quarter 2021 earnings released: US$0.42 loss per share (vs US$0.84 profit in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: US$1.11b (down 24% from 1Q 2020). Net loss: US$23.0m (down 148% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.Analyst Estimate Surprise Post Earnings • Feb 12Revenue misses expectationsRevenue missed analyst estimates by 0.9%. Over the next year, revenue is forecast to grow 5.9%, compared to a 15% growth forecast for the Aerospace & Defense industry in Germany.Valuation Update With 7 Day Price Move • Nov 10Market bids up stock over the past weekAfter last week's 23% share price gain to US$495, the stock is trading at a trailing P/E ratio of 50x, up from the previous P/E ratio of 40.7x. This compares to an average P/E of 20x in the Aerospace & Defense industry in Europe. Total returns to shareholders over the past three years are 143%.Is New 90 Day High Low • Nov 06New 90-day high: €440The company is up 9.0% from its price of €402 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Aerospace & Defense industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €329 per share.매출 및 비용 세부 내역TransDigm Group가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이DB:T7D 매출, 비용 및 순이익 (USD Millions)날짜매출순이익일반관리비연구개발비28 Mar 269,5031,864997027 Dec 259,1101,808964030 Sep 258,8311,866921028 Jun 258,5791,751926029 Mar 258,3881,720916028 Dec 248,1571,644927030 Sep 247,9401,481934029 Jun 247,6061,560890030 Mar 247,3041,450858030 Dec 236,9771,351817030 Sep 236,5851,260780001 Jul 236,2431,071769001 Apr 235,897958773031 Dec 225,632853758030 Sep 225,429779744002 Jul 225,198762685002 Apr 225,018841651001 Jan 224,884746617030 Sep 214,798607671003 Jul 214,692499662003 Apr 214,496178653002 Jan 214,746396671030 Sep 205,103467715027 Jun 205,471594714028 Mar 205,970726773028 Dec 195,695604747030 Sep 195,223728744029 Jun 194,731730592030 Mar 194,191820487029 Dec 183,956822453030 Sep 183,811906450030 Jun 183,686796427031 Mar 183,603748423030 Dec 173,538702414030 Sep 173,504469414001 Jul 173,456503405001 Apr 173,356494388031 Dec 163,284480378030 Sep 163,171583357002 Jul 163,106570342002 Apr 163,000509332002 Jan 162,822478315030 Sep 152,707444303027 Jun 152,5404102930양질의 수익: T7D는 고품질 수익을 보유하고 있습니다.이익 마진 증가: T7D의 현재 순 이익률 (19.6%)은 지난해 (20.5%)보다 낮습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: T7D의 수익은 지난 5년 동안 연평균 26.9%로 크게 증가했습니다.성장 가속화: 지난 1년간 T7D 의 수익 증가율(8.4%)은 5년 평균(연간 26.9%)보다 낮습니다.수익 대 산업: T7D의 지난 1년 수익 증가율(8.4%)은 Aerospace & Defense 업계 평균(35.7%)을 능가하지 못했습니다.자기자본이익률높은 ROE: T7D의 부채가 자산을 초과하여 자본 수익률을 계산하기 어렵습니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YCapital-goods 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/24 04:33종가2026/05/22 00:00수익2026/03/28연간 수익2025/09/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스TransDigm Group Incorporated는 39명의 분석가가 다루고 있습니다. 이 중 21명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Peter ArmentBairdDavid StraussBarclaysCarter CopelandBarclays36명의 분석가 더 보기
공시 • Apr 27TransDigm Group Incorporated to Report Q2, 2026 Results on May 05, 2026TransDigm Group Incorporated announced that they will report Q2, 2026 results Pre-Market on May 05, 2026
공시 • Nov 03TransDigm Group Incorporated to Report Q4, 2025 Results on Nov 12, 2025TransDigm Group Incorporated announced that they will report Q4, 2025 results Pre-Market on Nov 12, 2025
공시 • Jul 28TransDigm Group Incorporated to Report Q3, 2025 Results on Aug 05, 2025TransDigm Group Incorporated announced that they will report Q3, 2025 results Pre-Market on Aug 05, 2025
공시 • Apr 28TransDigm Group Incorporated to Report Q2, 2025 Results on May 06, 2025TransDigm Group Incorporated announced that they will report Q2, 2025 results Pre-Market on May 06, 2025
공시 • Jan 27+ 1 more updateTransDigm Group Incorporated to Report Q1, 2025 Results on Feb 04, 2025TransDigm Group Incorporated announced that they will report Q1, 2025 results at 9:30 AM, US Eastern Standard Time on Feb 04, 2025
Reported Earnings • Nov 08Full year 2024 earnings released: EPS: US$29.65 (vs US$22.03 in FY 2023)Full year 2024 results: EPS: US$29.65 (up from US$22.03 in FY 2023). Revenue: US$7.94b (up 21% from FY 2023). Net income: US$1.71b (up 36% from FY 2023). Profit margin: 22% (up from 19% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 34% per year whereas the company’s share price has increased by 30% per year.
공시 • May 07TransDigm Group Incorporated Revises Earnings Guidance for the Year 2026TransDigm Group Incorporated revised earnings guidance for the year ending September 30, 2026. For the year, the company revised net sales are anticipated to be in the range of $10,300 million to $10,420 million compared with $8,831 million in fiscal 2025, an increase of 17.3% at the midpoint (an increase of $420 million at the midpoint from prior guidance); Net income is anticipated to be in the range of $2,026 million to $2,106 million compared with $2,074 million in fiscal 2025, a decrease of 0.4% at the midpoint primarily due to additional interest expense relating to the financing activities completed during the fourth quarter of fiscal 2025 and the second quarter of fiscal 2026 (an increase of $58 million at the midpoint from prior guidance); Earnings per share is expected to be in the range of $33.91 to $35.29 per share based upon weighted average shares outstanding of 58.0 million shares, compared with $32.08 per share in fiscal 2025, which is an increase of 7.9% at the midpoint (an increase of $1.17 per share at the midpoint from prior guidance). net sales of $10,300 million to $10,420 million compared to previous guidance of $9,845 million to $10,035 million. GAAP Net Income of $2,026 million to $2,106 million compared to previous guidance of $1,952 million to $2,064 million. GAAP Earnings Per Share OF $33.91 to $35.29 compared to previous guidance of $32.47 to $34.39 per share.
공시 • Apr 27TransDigm Group Incorporated to Report Q2, 2026 Results on May 05, 2026TransDigm Group Incorporated announced that they will report Q2, 2026 results Pre-Market on May 05, 2026
공시 • Apr 16TransDigm Group Incorporated Provides Earnings Guidance for the Thirteen-Week Period Ended March 28, 2026TransDigm Group Incorporated provided earnings guidance for the thirteen-week period ended March 28, 2026. For the period, the company estimates Net sales of approximately $2,540 million to $2,545 million.
공시 • Apr 07TransDigm Group Incorporated (NYSE:TDG) completed the acquisition of Victor Sierra Aviation Holdings LLC and Jet Parts Engineering, LLC from Vance Street Management LLC.TransDigm Group Incorporated (NYSE:TDG) signed a binding Stock Purchase Agreement to acquire Victor Sierra Aviation Holdings LLC and Jet Parts Engineering, LLC from Vance Street Management LLC for $2.2 billion on January 16, 2026. A cash consideration of $2.2 billion will be paid by TransDigm Group Incorporated. As part of consideration, $2.2 billion is paid towards common equity of Victor Sierra Aviation Holdings LLC and Jet Parts Engineering, LLC. As of February 9, 2026, TransDigm Group Incorporated announced that its wholly-owned subsidiary, TransDigm Inc., is planning, subject to market and other conditions, to offer an incremental $2,000 million of new debt. The offering is expected to be comprised of $1,000 million of new senior subordinated notes and $1,000 million of new term loans to be launched concurrently. TransDigm Group intends to use the net proceeds of the incremental debt, together with cash on hand, to fund the aggregate purchase price of the previously announced and expected acquisitions of (i) Stellant Systems, Inc. and (ii) Jet Parts Engineering and Victor Sierra Aviation Holdings (collectively, the “Acquisitions”) and for related transaction fees and expenses. For the period ending December 31, 2025, Victor Sierra Aviation Holdings LLC and Jet Parts Engineering, LLC combinedly reported total revenue of $280 million. The transaction is subject to approval by regulatory board / committee. Harris Williams LLC acted as financial advisor for Victor Sierra Aviation Holdings LLC, Jet Parts Engineering, LLC and Vance Street Management LLC. Paul Hastings LLP acted as legal advisor for Victor Sierra Aviation Holdings LLC, Jet Parts Engineering, LLC and Vance Street Management LLC. Baker & Hostetler LLP acted as legal advisor for TransDigm Group Incorporated. TransDigm Group Incorporated (NYSE:TDG) completed the acquisition of Victor Sierra Aviation Holdings LLC and Jet Parts Engineering, LLC from Vance Street Management LLC on April 7, 2026.
공시 • Feb 04Transdigm Group Incorporated Raises Earnings Guidance for the Fiscal Year 2026TransDigm Group Incorporated raised earnings guidance for the fiscal year 2026. For the period, the company Net sales are anticipated to be in the range of $9,845 million to $10,035 million compared with $8,831 million in fiscal 2025, an increase of 12.6% at the midpoint (an increase of $90 million at the midpoint from prior guidance); Net income is anticipated to be in the range of $1,952 million to $2,064 million compared with $2,074 million in fiscal 2025, a decrease of 3.2% at the midpoint primarily due to additional interest expense relating to the financing activities completed during the fourth quarter of fiscal 2025 (an increase of $42 million at the midpoint from prior guidance); Earnings per share is expected to be in the range of $32.47 to $34.39 per share based upon weighted average shares outstanding of 58.3 million shares, compared with $32.08 per share in fiscal 2025, which is an increase of 4.2% at the midpoint (an increase of $0.86 per share at the midpoint from prior guidance).
공시 • Jan 26+ 1 more updateTransDigm Group Incorporated, Annual General Meeting, Mar 05, 2026TransDigm Group Incorporated, Annual General Meeting, Mar 05, 2026. Location: 1350 euclid avenue, suite 1600, ohio 44115, cleveland United States
공시 • Jan 01TransDigm Group Incorporated (NYSE:TDG) entered into a definitive agreement to acquire Stellant Systems, Inc. from Arlington Management Employees, LLC for approximately $960 million.TransDigm Group Incorporated (NYSE:TDG) entered into a definitive agreement to acquire Stellant Systems, Inc. from Arlington Management Employees, LLC for approximately $960 million on December 31, 2025. A cash consideration of $960 million will be paid by TransDigm Group Incorporated. As part of consideration, $960 million is paid towards common equity of Stellant Systems, Inc. The transaction is subject to customary regulatory approvals and closing conditions. The transaction is expected to close in 2026. Harris Williams served as exclusive financial advisor to Arlington Management Employees, LLC and Stellant Systems, Inc. Douglas Ryder, Michael Chung, Sara Zablotney, Steven Cantor, Ivan Schlager, Justin Schenck, Luci Hague, Michael Krasnovsky, Christie Alcala, Maureen O’Brien, Jack Amaro, Matthew Lovell, Joanna Schlingbaum, Roberto Miceli, Jonathan Kidwell, Andrea Murino, Noah Pinegar and Michael Thorpe of Kirkland & Ellis served as legal counsel to Arlington Management Employees, LLC and Stellant Systems, Inc.
공시 • Nov 13TransDigm Provides Earnings Guidance for the Year Ending September 30, 2026TransDigm provided earnings guidance for the year ending September 30, 2026. The company's net sales are anticipated to be in the range of $9,750 million to $9,950 million compared with $8,831 million in fiscal 2025, an increase of 11.5% at the midpoint. Net income is anticipated to be in the range of $1,906 million to $2,026 million compared with $2,074 million in fiscal 2025, a decrease of 5.2% at the midpoint (primarily due to additional interest expense relating to the financing activities completed during the fourth quarter of fiscal 2025) with the net income midpoint of $1,966 million. Earnings per share is expected to be in the range of $31.55 to $33.59 per share based upon weighted average shares outstanding of 58.5 million shares, compared with $32.08 per share in fiscal 2025, which is an increase of 1.5% at the midpoint and with the Earnings per share midpoint of $32.57. Fiscal 2026 outlook is based on the following market growth assumptions: Commercial OEM revenue growth in the high single-digit to mid-teens percentage range; Commercial aftermarket revenue growth in the high single-digit percentage range; and Defense revenue growth in the mid single-digit to high single-digit percentage range.
공시 • Nov 03TransDigm Group Incorporated to Report Q4, 2025 Results on Nov 12, 2025TransDigm Group Incorporated announced that they will report Q4, 2025 results Pre-Market on Nov 12, 2025
공시 • Oct 24TransDigm Group Incorporated Announces Board Appointments, Effective October 23, 2025On October 23, 2025, the Board of Directors of TransDigm Group Incorporated appointed Michael Lisman and Peter Palmer to the Company’s Board, effective October 23, 2025 . Mr. Lisman currently serves as the Company’s President and Chief Executive Officer. Mr. Lisman previously served as Co-Chief Operating Officer of the Company, Chief Financial Officer of the Company, and an Executive Vice President of the Company, with direct operational oversight for several TransDigm's operating units. Additionally, Mr. Lisman previously led the Company's Mergers and Acquisitions group. Mr. Palmer previously served as an Executive Vice President of the Company prior to his retirement at the end of 2024, following a 24-year career at TransDigm. Prior to becoming an Executive Vice President of the Company, he served as President of several TransDigm operating units. He brings to the Board extensive operational and corporate leadership experience, as well as significant expertise in corporate governance and mergers and acquisitions. Over the course of his career, Mr. Palmer has held numerous senior roles involving operations, strategic development, and business integration, and has served on other aerospace company boards. Neither Mr. Lisman nor Mr. Palmer has been appointed to any committees of the Board.
공시 • Oct 02Transdigm Group Incorporated Announce President ChangesTransDigm Group Incorporated appointed Mike Lisman as the Company’s President, effective October 1, 2025. Mr. Lisman succeeds Kevin Stein, who retired as President and Chief Executive Officer of the Company effective September 30, 2025. Mr. Lisman has served as Co-Chief Operating Officer of the Company since May 2023. Prior to this role, he held several positions across the Company, including Chief Financial Officer and Executive Vice President, with direct operational oversight for several TransDigm's operating units. Additionally, Mr. Lisman previously held roles as the leader of the Company's Mergers and Acquisitions group and as a Business Unit Manager at one of TransDigm's operating units. Prior to joining the Company in 2015, Mr. Lisman worked in the private equity industry at the New York and London offices of Warburg Pincus. He received a B.S. in aerospace engineering from Notre Dame and an MBA from Harvard Business School. In connection with Mr. Lisman’s appointment as President, the Company executed a Second Amended and Restated Employment Agreement with Mr. Lisman, dated October 1, 2025.
공시 • Aug 20TransDigm Group Incorporated Declares Special Cash Dividend, Payable on September 12, 2025TransDigm Group Incorporated announced that its Board of Directors has authorized and declared a special cash dividend of $90.00 on each outstanding share of common stock and cash dividend equivalent payments on eligible vested options granted under its stock option plans. The record date for the special dividend is September 2, 2025, and the payment date for the dividend is September 12, 2025.
공시 • Aug 05TransDigm Group Incorporated Provides Earnings Guidance for the Full Year 2025TransDigm Group Incorporated provided earnings guidance for the full year 2025. For the year, the company expects Net sales are anticipated to be in the range of $8,760 million to $8,820 million compared with $7,940 million in fiscal 2024, an increase of 10.7% at the midpoint; Net income is anticipated to be in the range of $1,932 million to $1,980 million compared with $1,715 million in fiscal 2024, an increase of 14.1% at the midpoint; Earnings per share is expected to be in the range of $32.39to $33.21 per share based upon weighted average shares outstanding of 58.175 million shares, compared with $25.62 per share in fiscal 2024, which is an increase of 28.0% at the midpoint.
공시 • Jul 28TransDigm Group Incorporated to Report Q3, 2025 Results on Aug 05, 2025TransDigm Group Incorporated announced that they will report Q3, 2025 results Pre-Market on Aug 05, 2025
공시 • Jul 25TransDigm Group Incorporated Announces Jorge Valladares III Decides to Resign from its Board of Directors, Effective July 25, 2025TransDigm Group Incorporated announced that on July 25, 2025, Mr. Jorge Valladares III notified the company of his decision to resign from the Board of Directors, effective immediately. The resignation is due to professional obligations arising from a recently accepted position at another organization and is not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices.
공시 • Jul 10Transdigm Group Incorporated Announces Cessation of Jessica L. Warren as General Counsel, Chief Compliance Officer, and SecretaryEffective July 7, 2025, Jessica L. Warren ceased serving as General Counsel, Chief Compliance Officer, and Secretary of TransDigm Group Incorporated (the “Company”).
공시 • Jul 02TransDigm Group Incorporated (NYSE:TDG) completed the acquisition of Servotronics, Inc. (NYSEAM:SVT) from Paul Snyder III and other shareholder.TransDigm Group Incorporated (NYSE:TDG) agreed to acquire Servotronics, Inc. (NYSEAM:SVT) from Paul Snyder III and other shareholder for $98.4 million on May 18, 2025. A cash consideration valued at $38.5 per share will be paid by TransDigm Group Incorporated. In case of termination of transaction, Servotronics will pay a termination fee of $5 million. Following the purchase of shares through the tender offer, TransDigm will complete the acquisition of Servotronics by acquiring all remaining shares not acquired in the offer through a merger at the same price as the tender offer. The acquisition will be funded with TransDigm's cash on hand and is not subject to any financing conditions. Under the terms of the merger agreement, the parties anticipate that TransDigm will commence a cash tender offer for all of the outstanding shares of Servotronics on or before June 9, 2025. On June 18, 2025, Servotronics shareholder has filed a complaint in state Supreme Court in Erie County seeking to block proposed acquisition with TransDigm Group Incorporated. Common stock of Servotronics will cease to trade on NYSE American and a notice of delisting with respect to shares of Servotronics is expected to be filed promptly. The transaction is subject to approval of merger agreement by target board and minimum tender. The deal has been unanimously approved by the board of Servotronics. As of May 29, 2025, the Offer Price (as defined in the Merger Agreement) was increased from $38.50 per share in cash to $47.00 per share in cash. In addition, the termination fee to be paid by the Company upon termination of the Amended Merger Agreement under certain circumstances was increased from $5 million to $12.5 million. Pursuant to the terms of the Amendment, TransDigm will be obligated to pay the Servotronics a reverse termination fee of $25 million upon termination of the Amended Merger Agreement under certain circumstances. Michael C. Donlon, Esq of Bond, Schoeneck & King, PLLC acted as legal advisor for Servotronics, Inc. John Allotta and John Harrington of Baker & Hostetler LLP acted as legal advisor for TransDigm Group Incorporated. Houlihan Lokey, Inc. acted as financial advisor for Servotronics, Inc. Houlihan Lokey, Inc. acted as fairness opinion provider for Servotronics, Inc. TransDigm Group Incorporated (NYSE:TDG) completed the acquisition of Servotronics, Inc. (NYSEAM:SVT) from Paul Snyder III and other shareholder on July 1, 2025. Each outstanding share of Servotronics' common stock that was not validly tendered in the tender offer will be converted into the right to receive an amount equal to the tender offer price.
공시 • Jun 30+ 1 more updateTransDigm Group Incorporated (NYSE:TDG) agreed to acquire Simmonds Precision Products, Inc. from RTX Corporation (NYSE:RTX) for approximately $770 million.TransDigm Group Incorporated (NYSE:TDG) agreed to acquire Simmonds Precision Products, Inc. from RTX Corporation (NYSE:RTX) for approximately $770 million on June 30, 2025. The transaction is subject to approval by regulatory board / committee.
공시 • May 20TransDigm Group Incorporated (NYSE:TDG) agreed to acquire Servotronics, Inc. (NYSEAM:SVT) for $98.4 million.TransDigm Group Incorporated (NYSE:TDG) agreed to acquire Servotronics, Inc. (NYSEAM:SVT) for $98.4 million on May 18, 2025. A cash consideration valued at $38.5 per share will be paid by TransDigm Group Incorporated. In case of termination of transaction, seller will pay a termination fee of $5 million. Following the purchase of shares through the tender offer, TransDigm will complete the acquisition of Servotronics by acquiring all remaining shares not acquired in the offer through a merger at the same price as the tender offer. The acquisition will be funded with TransDigm's cash on hand and is not subject to any financing conditions. Under the terms of the merger agreement, the parties anticipate that TransDigm will commence a cash tender offer for all of the outstanding shares of Servotronics on or before June 9, 2025. The transaction is subject to approval of merger agreement by target board and minimum tender. The deal has been unanimously approved by the board of Servotronics. Michael C. Donlon, Esq of Bond, Schoeneck & King, PLLC acted as legal advisor for Servotronics, Inc. John Allotta and John Harrington of Baker & Hostetler LLP acted as legal advisor for TransDigm Group Incorporated. Houlihan Lokey, Inc. acted as financial advisor for Servotronics, Inc. Houlihan Lokey, Inc. acted as fairness opinion provider for Servotronics, Inc.
공시 • May 06+ 2 more updatesTransdigm Group Incorporated Reaffirms Earnings Guidance for the Year 2025TransDigm Group Incorporated reaffirmed earnings guidance for the year 2025. For the year company expects Net Sales of $8,750 to $8,950 compared to $8,750 to $8,950 previously; GAAP Net Income of $1,925 to $2,037 million compared with $1,715 million in fiscal 2024, an increase of 15.5% at the midpoint; Earnings per share is expected to be in the range of $32.27 to $34.19 per share based upon weighted average shares outstanding of 58.15 million shares, compared with $25.62 per share in fiscal 2024, which is an increase of 29.7% at the midpoint.
공시 • Apr 28TransDigm Group Incorporated to Report Q2, 2025 Results on May 06, 2025TransDigm Group Incorporated announced that they will report Q2, 2025 results Pre-Market on May 06, 2025
공시 • Jan 27+ 1 more updateTransDigm Group Incorporated to Report Q1, 2025 Results on Feb 04, 2025TransDigm Group Incorporated announced that they will report Q1, 2025 results at 9:30 AM, US Eastern Standard Time on Feb 04, 2025
공시 • Nov 20Lagercrantz Group AB (publ) (OM:LAGR B) acquired Mastsystem Int'l Oy.Lagercrantz Group AB (publ) (OM:LAGR B) signed an agreement to acquire Mastsystem Int'l Oy on September 13, 2024. Mastsystem is generating an annual revenue of around €15 million with EBITA of around €6 million. The acquisition will be done at an EV/EBITA multiple of approximately 7x. The acquisition is subject to approval by the Finnish authorities, which is now taking place. Mastsystem will be part of the division Electrify. The acquisition is expected to generate a small positive addition to Lagercrantz’ earnings per share. Lagercrantz Group AB (publ) (OM:LAGR B) completed the acquisition of Mastsystem Int'l Oy on November 20, 2024. Starting in December 2024, Mastsystem will be integrated into Division Electrify.
New Risk • Nov 08New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 371% Cash payout ratio: 237% Dividend yield: 5.6% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.7x net interest cover). Negative equity (-US$2.5b). Dividend is not well covered by earnings and cash flows. Payout ratio: 371% Cash payout ratio: 237%
Reported Earnings • Nov 08Full year 2024 earnings released: EPS: US$29.65 (vs US$22.03 in FY 2023)Full year 2024 results: EPS: US$29.65 (up from US$22.03 in FY 2023). Revenue: US$7.94b (up 21% from FY 2023). Net income: US$1.71b (up 36% from FY 2023). Profit margin: 22% (up from 19% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 34% per year whereas the company’s share price has increased by 30% per year.
공시 • Oct 28TransDigm Group Incorporated to Report Q4, 2024 Results on Nov 07, 2024TransDigm Group Incorporated announced that they will report Q4, 2024 results Pre-Market on Nov 07, 2024
Upcoming Dividend • Sep 28Upcoming dividend of US$75.00 per shareEligible shareholders must have bought the stock before 04 October 2024. Payment date: 18 October 2024. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.0%).
공시 • Sep 13Lagercrantz Group AB (publ) (OM:LAGR B) signed an agreement to acquire Mastsystem Int'l Oy.Lagercrantz Group AB (publ) (OM:LAGR B) signed an agreement to acquire Mastsystem Int'l Oy on September 13, 2024. Mastsystem is generating an annual revenue of around €15 million with EBITA of around €6 million. The acquisition will be done at an EV/EBITA multiple of approximately 7x. The acquisition is subject to approval by the Finnish authorities, which is now taking place. Mastsystem will be part of the division Electrify. The acquisition is expected to generate a small positive addition to Lagercrantz’ earnings per share.
Reported Earnings • Aug 07Third quarter 2024 earnings released: EPS: US$7.96 (vs US$6.14 in 3Q 2023)Third quarter 2024 results: EPS: US$7.96 (up from US$6.14 in 3Q 2023). Revenue: US$2.05b (up 17% from 3Q 2023). Net income: US$461.0m (up 31% from 3Q 2023). Profit margin: 23% (up from 20% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.
공시 • Aug 07TransDigm Group Incorporated Raises Earnings Guidance for the Fiscal Year Ending September 30, 2024TransDigm Group Incorporated raised earnings guidance for the fiscal year ending September 30, 2024. For the year, the company’s net sales are anticipated to be in the range of $7,870 million to $7,930 million compared with $6,585 million in fiscal 2023, an increase of 20.0% at the midpoint (an increase of $160 million at the midpoint from prior guidance); Net income is anticipated to be in the range of $1,632 million to $1,678 million compared with $1,299 million in fiscal 2023, an increase of 27.4% at the midpoint (an increase of $8 million at the midpoint from prior guidance); Earnings per share is expected to be in the range of $26.47 to $27.27 per share based upon weighted average shares outstanding of 57.85 million shares, compared with $22.03 per share in fiscal 2023, which is an increase of 22.0% at the midpoint (an increase of $0.14 per share at the midpoint from prior guidance); Fiscal 2024 outlook is based on the following market growth assumptions: Commercial OEM revenue growth around 20%; Commercial aftermarket revenue growth in the mid-teens percentage range; and Defense revenue growth in the high-teens percentage range.
공시 • Jul 31TransDigm Group Incorporated (NYSE:TDG) completed the acquisition of Raptor Scientific LLC from L Squared Capital Partners.TransDigm Group Incorporated (NYSE:TDG) entered into a definitive agreement to acquire Raptor Scientific LLC from L Squared Capital Partners for approximately $700 million on May 28, 2024. The acquisition is expected to be financed through existing cash on hand. Transaction is subject to regulatory approval. TransDigm Group Incorporated (NYSE:TDG) completed the acquisition of Raptor Scientific LLC from L Squared Capital Partners on July 31, 2024.
공시 • Jul 29TransDigm Group Incorporated to Report Q3, 2024 Results on Aug 06, 2024TransDigm Group Incorporated announced that they will report Q3, 2024 results Pre-Market on Aug 06, 2024
Board Change • Jul 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 4 highly experienced directors. Director Jorge Valladares was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공시 • May 31Cerberus Capital Management, L.P. acquired Calspan’s hypersonic and defense test systems business units of TransDigm Group Incorporated (NYSE:TDG).Cerberus Capital Management, L.P. acquired Calspan’s hypersonic and defense test systems business units of TransDigm Group Incorporated (NYSE:TDG) on May 30, 2024.Cerberus Capital Management, L.P completed the acquisition of Calspan’s hypersonic and defense test systems business units of TransDigm Group Incorporated (NYSE:TDG) on May 30, 2024.
공시 • May 29TransDigm Group Incorporated (NYSE:TDG) entered into a definitive agreement to acquire Raptor Scientific LLC from L Squared Capital Partners for approximately $700 million.TransDigm Group Incorporated (NYSE:TDG) entered into a definitive agreement to acquire Raptor Scientific LLC from L Squared Capital Partners for approximately $700 million on May 28, 2024. The acquisition is expected to be financed through existing cash on hand. Transaction is subject to regulatory approval.
공시 • May 23TransDigm Group Incorporated (NYSE:TDG) completed the acquisition of SEI Industries Ltd. for approximately $170 million.TransDigm Group Incorporated (NYSE:TDG) acquired SEI Industries Ltd. for approximately $170 million on May 22, 2024. SEI Industries employs approximately 80 people and is expected to generate approximately $30 million in revenue for the calendar year ending December 31, 2024. The acquisition was financed through existing cash on hand. TransDigm Group Incorporated (NYSE:TDG) completed the acquisition of SEI Industries Ltd. on May 22, 2024.
공시 • May 09TransDigm Group Incorporated Revises Earnings Guidance for the Fiscal Year Ending September 30, 2024TransDigm Group Incorporated revised earnings guidance for the fiscal year ending September 30, 2024. For the year, Net sales are anticipated to be in the range of $7,680 million to $7,800 million against previous guidance of $7,575 million to $7,755 million. Net income is anticipated to be in the range of $1,608 million to $1,686 million compared with previous guidance of $1,560 million to $1,662 million. Earnings per share is expected to be in the range of $26.06 to $27.40 per share compared with previous guidance of $25.25 to $27.01 per share.
Reported Earnings • May 08Second quarter 2024 earnings released: EPS: US$6.97 (vs US$5.32 in 2Q 2023)Second quarter 2024 results: EPS: US$6.97 (up from US$5.32 in 2Q 2023). Revenue: US$1.92b (up 21% from 2Q 2023). Net income: US$403.0m (up 33% from 2Q 2023). Profit margin: 21% (up from 19% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.
공시 • May 01TransDigm Group Incorporated to Report Q2, 2024 Results on May 07, 2024TransDigm Group Incorporated announced that they will report Q2, 2024 results on May 07, 2024
Reported Earnings • Feb 08First quarter 2024 earnings released: EPS: US$6.62 (vs US$3.33 in 1Q 2023)First quarter 2024 results: EPS: US$6.62 (up from US$3.33 in 1Q 2023). Revenue: US$1.79b (up 28% from 1Q 2023). Net income: US$382.0m (up 101% from 1Q 2023). Profit margin: 21% (up from 14% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.
공시 • Feb 08TransDigm Group Incorporated Updates Earnings Guidance for the Fiscal Year 2024TransDigm Group Incorporated updated earnings guidance for the fiscal year 2024. For the year, the company now expects Net sales to be in the range of $7,575 million to $7,755 million compared with $6,585 million in fiscal 2023, an increase of 16.4% at the midpoint (an increase of $85 million at the midpoint from prior guidance); Net income is anticipated to be in the range of $1,560 million to $1,662 million compared with $1,299 million in fiscal 2023, an increase of 24.0% at the midpoint (a decrease of $86 million at the midpoint from prior guidance) and Earnings per share is expected to be in the range of $25.25 to $27.01 per share based upon weighted average shares outstanding of 57.8 million shares, compared with $22.03 per share in fiscal 2023, which is an increase of 18.6% at the midpoint (a decrease of $1.45 per share at the midpoint from prior guidance).
공시 • Jan 30TransDigm Group Incorporated to Report Q1, 2024 Results on Feb 08, 2024TransDigm Group Incorporated announced that they will report Q1, 2024 results Pre-Market on Feb 08, 2024
공시 • Jan 27TransDigm Group Incorporated, Annual General Meeting, Mar 07, 2024TransDigm Group Incorporated, Annual General Meeting, Mar 07, 2024, at 09:00 US Eastern Standard Time. Location: 1301 East Ninth Street, Suite 3000 Cleveland Ohio United States Agenda: To elect ten directors nominees to company's Board of directors; to ratify the appointment of Ernst & Young LLP as company's independent public accounting firm for the fiscal year ending September 30, 2024; and to consider other matters.
New Risk • Jan 27New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.5x net interest cover). Interest payments are not well covered by earnings (2.5x net interest cover). Negative equity (-US$2.0b). Negative equity (-US$2.0b). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (2.2% increase in shares outstanding).
공시 • Nov 11TransDigm Group Incorporated (NYSE:TDG) entered into a definitive agreement to acquire Electron Device Business from Communications & Power Industries, Inc. for approximately $1.4 billion.TransDigm Group Incorporated (NYSE:TDG) entered into a definitive agreement to acquire Electron Device Business from Communications & Power Industries, Inc. for approximately $1.4 billion on November 9, 2023. The consideration will be paid in cash. The acquisition is expected to be financed through existing cash on hand as well as new long-term debt. For the fiscal year ended September 30, 2023, Communications & Power Industries LLC generated approximately $300 million in revenue. The transaction is subject to regulatory approvals in the United States and United Kingdom and customary closing conditions. The transaction is expected to close by the end of TransDigm’s third fiscal quarter of 2024. Harris Williams LLC and Goldman Sachs & Co. LLC are acting as financial advisors and Kirkland & Ellis LLP is acting as legal advisor to TJC and CPI. Evercore is acting as financial advisor and BakerHostetler is acting as legal advisor to TransDigm Group.
Reported Earnings • Nov 10Full year 2023 earnings released: EPS: US$22.03 (vs US$13.39 in FY 2022)Full year 2023 results: EPS: US$22.03 (up from US$13.39 in FY 2022). Revenue: US$6.59b (up 21% from FY 2022). Net income: US$1.26b (up 62% from FY 2022). Profit margin: 19% (up from 14% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
공시 • Nov 10+ 1 more updateTransdigm Group Incorporated Announces Special Cash Dividend, Payable on November 27, 2023TransDigm Group Incorporated has authorized a special cash dividend of $35.00 on each outstanding share of common stock and cash dividend equivalent payments under options granted under its stock options plans. The record date for the special dividend is November 20, 2023, and the payment date for the dividend is November 27, 2023.
공시 • Oct 31TransDigm Group Incorporated to Report Q4, 2023 Results on Nov 09, 2023TransDigm Group Incorporated announced that they will report Q4, 2023 results Pre-Market on Nov 09, 2023
공시 • Oct 28TransDigm Group Incorporated Announces Resignation of Mervin Dunn and John Staer from Board of DirectorsOn October 26, 2023, Mervin Dunn and John Staer, each a member of the Board of Directors (the “Board”) of TransDigm Group Incorporated (the “Company”), gave notice of their resignation from the Board and as a member of the Board committees on which they serve, effective immediately. Neither Mr. Dunn nor Mr. Staer is resigning from the Board because of any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices. Mr. Dunn joined the Board in 2009. Prior to his resignation, he served as a member of the Board’s Compensation Committee and Nominating & Corporate Governance Committee. Mr. Staer joined the Board in 2012. Prior to his resignation, he served as a member of the Board’s Audit Committee and Nominating & Corporate Governance Committee. The Company thanks both Mr. Dunn and Mr. Staer for their service and commitment to the Company.
공시 • Aug 10TransDigm Group Incorporated Revises Earnings Guidance for the Fiscal Year 2023TransDigm Group Incorporated revised earnings guidance for the fiscal year 2023. For the year, the company expects net sales to be in the range of $6,525 million to $6,585 million against previous guidance range of $6,410 million to $6,500 million. GAAP net income from continuing operations to be in the range of $1,227 million to $1,251 million against previous guidance range of $1,141 million to $1,191 million. GAAP earnings per share from continuing operations to be in the range of$20.78 to $21.20 against previous guidance range of $19.30 to $20.18. Fiscal 2023 outlook is based on the following market growth assumptions: Commercial aftermarket revenue growth in the low 30% range; Commercial OEM revenue growth in the 20% to 25% range; and Defense revenue growth in the mid to high-single-digit percentage range.
Reported Earnings • Aug 09Third quarter 2023 earnings released: EPS: US$6.14 (vs US$4.10 in 3Q 2022)Third quarter 2023 results: EPS: US$6.14 (up from US$4.10 in 3Q 2022). Revenue: US$1.74b (up 25% from 3Q 2022). Net income: US$351.0m (up 48% from 3Q 2022). Profit margin: 20% (up from 17% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
공시 • Aug 01TransDigm Group Incorporated to Report Q3, 2023 Results on Aug 08, 2023TransDigm Group Incorporated announced that they will report Q3, 2023 results Pre-Market on Aug 08, 2023
공시 • May 27+ 1 more updateTransDigm Group Incorporated Appoints Sarah Wynne as Chief Financial OfficerOn May 26, 2023, the board of TransDigm Group Incorporated appointed Sarah Wynne, the company’s current chief accounting officer, as the chief financial officer of the company. Ms. Wynne will continue to serve as the company’s principal accounting officer. Ms. Wynne, 49, was appointed Chief Accounting Officer in November 2018. Prior to that, Ms. Wynne served as Group Controller from April 2015 to October 2018, as Controller of the Aero Fluid Products division of AeroControlex Group Inc. from 2009 to 2015, and previously in other accounting roles with TransDigm.
공시 • May 10TransDigm Group Incorporated Revises Earnings Guidance for Fiscal 2023TransDigm Group Incorporated revised earnings guidance for fiscal 2023. For the year, company now expects Net sales to be in the range of $6,410 million to $6,500 million compared with $5,429 million in fiscal 2022 (an increase of $300 million at the mid-point); Net income from continuing operations is anticipated to be in the range of $1,141 million to $1,191 million compared with $866 million in fiscal 2022 (an increase of $46 million at the mid-point); Earnings per share from continuing operations is expected to be in the range of $19.30 to $20.18 per share based upon weighted average shares outstanding of 57.1 million shares compared with $13.38 per share in fiscal 2022 (an increase of $0.80 at the mid-point).
Reported Earnings • May 10Second quarter 2023 earnings released: EPS: US$5.32 (vs US$3.38 in 2Q 2022)Second quarter 2023 results: EPS: US$5.32 (up from US$3.38 in 2Q 2022). Revenue: US$1.59b (up 20% from 2Q 2022). Net income: US$304.0m (up 53% from 2Q 2022). Profit margin: 19% (up from 15% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.
Recent Insider Transactions • Mar 05Independent Director recently sold €3.1m worth of stockOn the 24th of February, Robert Small sold around 4k shares on-market at roughly €701 per share. This transaction amounted to 4.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €6.1m more than they bought in the last 12 months.
공시 • Feb 08+ 1 more updateTransDigm Group Incorporated Revises Earnings Guidance for the Fiscal Year 2023TransDigm Group Incorporated revised earnings guidance for the fiscal year 2023. For the year, the company expects net sales to be in the range of $6,070 million to $6,240 million against previous guidance range of $5,990 million to $6,190 million. GAAP net income from continuing operations to be in the range of $1,080 million to $1,160 million against previous guidance range of $1,036 million to $1,116 million. GAAP earnings per share from continuing operations to be in the range of $18.24 to $19.64 against previous guidance range of $17.45 to $18.85. Fiscal 2023 outlook is based on the following market growth assumptions: Commercial aftermarket revenue growth in the high-teens percentage range (an increase from previous guidance of mid-teens percentage range); Commercial OEM revenue growth in the mid-teens percentage range; and Defense revenue growth in the low to mid-single-digit percentage range.
Reported Earnings • Feb 08First quarter 2023 earnings released: EPS: US$3.99 (vs US$1.96 in 1Q 2022)First quarter 2023 results: EPS: US$3.99 (up from US$1.96 in 1Q 2022). Revenue: US$1.40b (up 17% from 1Q 2022). Net income: US$228.0m (up 97% from 1Q 2022). Profit margin: 16% (up from 9.7% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
공시 • Jan 31TransDigm Group Incorporated to Report Q1, 2023 Results on Feb 07, 2023TransDigm Group Incorporated announced that they will report Q1, 2023 results Pre-Market on Feb 07, 2023
Buying Opportunity • Nov 19Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 9.4%. The fair value is estimated to be €721, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.2% over the last 3 years. Earnings per share has grown by 6.8%. For the next 3 years, revenue is forecast to grow by 8.7% per annum. Earnings is also forecast to grow by 22% per annum over the same time period.
Board Change • Nov 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 6 highly experienced directors. Independent Director Jane Cronin was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 12Full year 2022 earnings released: EPS: US$13.39 (vs US$10.39 in FY 2021)Full year 2022 results: EPS: US$13.39 (up from US$10.39 in FY 2021). Revenue: US$5.43b (up 13% from FY 2021). Net income: US$779.0m (up 28% from FY 2021). Profit margin: 14% (up from 13% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year and the company’s share price has also increased by 7% per year.
Board Change • Nov 09Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 6 highly experienced directors. Independent Director Jane Cronin was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공시 • Jul 30TransDigm Group Incorporated, Annual General Meeting, Mar 09, 2023TransDigm Group Incorporated, Annual General Meeting, Mar 09, 2023, at 09:00 US Eastern Standard Time.
Board Change • May 08Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. Independent Director Jane Cronin was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions • Nov 20Insider recently bought €168k worth of stockOn the 19th of November, Jane Cronin bought around 300 shares on-market at roughly €560 per share. In the last 3 months, there was an even bigger purchase from another insider worth €424k. Despite this recent purchase, insiders have collectively sold €6.9m more in shares than they bought in the last 12 months.
Reported Earnings • Nov 17Full year 2021 earnings released: EPS US$10.39 (vs US$8.15 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: US$4.80b (down 6.0% from FY 2020). Net income: US$607.0m (up 30% from FY 2020). Profit margin: 13% (up from 9.2% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.
Board Change • Nov 10Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. Independent Director Jane Cronin was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Board Change • Aug 12Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. Independent Director Jane Cronin was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Aug 12Third quarter 2021 earnings released: EPS US$5.43 (vs US$0.087 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$1.22b (up 19% from 3Q 2020). Net income: US$317.0m (up US$322.0m from 3Q 2020). Profit margin: 26% (up from net loss in 3Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 11Third quarter 2021 earnings released: EPS US$5.43 (vs US$0.087 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$1.22b (up 19% from 3Q 2020). Net income: US$317.0m (up US$322.0m from 3Q 2020). Profit margin: 26% (up from net loss in 3Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.
Board Change • Aug 11Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 6 highly experienced directors. Independent Director Jane Cronin was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Is New 90 Day High Low • Mar 09New 90-day high: €509The company is up 1.0% from its price of €502 on 08 December 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Aerospace & Defense industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €557 per share.
Recent Insider Transactions • Mar 05Vice Chairman recently sold €7.5m worth of stockOn the 3rd of March, Robert Henderson sold around 15k shares on-market at roughly €498 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €7.1m more than they bought in the last 12 months.
Reported Earnings • Feb 12First quarter 2021 earnings released: US$0.42 loss per share (vs US$0.84 profit in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: US$1.11b (down 24% from 1Q 2020). Net loss: US$23.0m (down 148% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.
Analyst Estimate Surprise Post Earnings • Feb 12Revenue misses expectationsRevenue missed analyst estimates by 0.9%. Over the next year, revenue is forecast to grow 5.9%, compared to a 15% growth forecast for the Aerospace & Defense industry in Germany.
Valuation Update With 7 Day Price Move • Nov 10Market bids up stock over the past weekAfter last week's 23% share price gain to US$495, the stock is trading at a trailing P/E ratio of 50x, up from the previous P/E ratio of 40.7x. This compares to an average P/E of 20x in the Aerospace & Defense industry in Europe. Total returns to shareholders over the past three years are 143%.
Is New 90 Day High Low • Nov 06New 90-day high: €440The company is up 9.0% from its price of €402 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Aerospace & Defense industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €329 per share.