Australian (ASX) Aerospace & Defense Industry Analysis

UpdatedMar 10, 2026

DataAggregated Company Financials

Companies5

7D-2.2%
3M35.1%
1Y143.4%
YTD-5.4%

Over the last 7 days, the Aerospace & Defense industry has dropped 2.2%, driven by Austal declining 0.2%. On the other hand DroneShield is actually up 11%. In the past year, the industry has gained 143%. As for the next few years, earnings are expected to grow by 61% per annum.

Industry Valuation and Performance

Has the Australian Aerospace & Defense Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Tue, 10 Mar 2026	AU$7.5b	AU$2.5b	AU$11.0m	496.9x	681.9x	3x
Thu, 05 Feb 2026	AU$7.4b	AU$2.1b	AU$21.8m	300.1x	340.4x	3.5x
Sat, 03 Jan 2026	AU$7.9b	AU$2.1b	AU$21.8m	287.1x	361x	3.7x
Mon, 01 Dec 2025	AU$5.5b	AU$2.1b	AU$21.8m	176x	252.2x	2.6x
Wed, 29 Oct 2025	AU$8.5b	AU$2.1b	AU$21.8m	387.6x	390.1x	4x
Fri, 26 Sep 2025	AU$7.8b	AU$2.1b	AU$21.8m	303.1x	358.1x	3.7x
Sun, 24 Aug 2025	AU$7.0b	AU$1.8b	-AU$37,468,849.00	52.1x	-187.5x	3.9x
Tue, 22 Jul 2025	AU$6.5b	AU$1.9b	-AU$3,583,849.00	30.7x	-1817.8x	3.5x
Thu, 19 Jun 2025	AU$4.8b	AU$1.9b	-AU$3,583,849.00	21.5x	-1337.3x	2.6x
Sat, 17 May 2025	AU$3.5b	AU$1.9b	-AU$3,583,849.00	18.2x	-985.9x	1.9x
Mon, 14 Apr 2025	AU$3.0b	AU$2.0b	-AU$4,418,849.00	19.4x	-679.2x	1.5x
Wed, 12 Mar 2025	AU$2.7b	AU$2.0b	-AU$4,418,849.00	20.4x	-605.3x	1.4x
Fri, 07 Feb 2025	AU$2.3b	AU$2.0b	AU$5.4m	97.1x	430.3x	1.2x
Sun, 05 Jan 2025	AU$2.1b	AU$2.0b	AU$5.4m	88.8x	386.8x	1.1x
Tue, 03 Dec 2024	AU$2.1b	AU$2.0b	AU$5.4m	87.6x	385.9x	1.1x
Thu, 31 Oct 2024	AU$2.3b	AU$2.0b	AU$5.4m	106.9x	423.6x	1.2x
Sat, 28 Sep 2024	AU$2.5b	AU$2.0b	AU$5.4m	154.2x	458.4x	1.3x
Mon, 26 Aug 2024	AU$2.3b	AU$2.0b	-AU$34,022,485.00	115.4x	-67.3x	1.2x
Wed, 24 Jul 2024	AU$2.4b	AU$2.0b	-AU$34,022,485.00	116x	-70.6x	1.2x
Fri, 21 Jun 2024	AU$2.5b	AU$2.0b	-AU$34,022,485.00	138.9x	-73.1x	1.3x
Sun, 19 May 2024	AU$1.9b	AU$2.0b	-AU$34,022,485.00	69.7x	-54.6x	0.9x
Tue, 16 Apr 2024	AU$1.8b	AU$2.0b	-AU$34,022,485.00	62.7x	-53.9x	0.9x
Thu, 14 Mar 2024	AU$1.6b	AU$2.0b	-AU$34,022,485.00	45.5x	-47.2x	0.8x
Sat, 10 Feb 2024	AU$1.5b	AU$2.0b	-AU$70,991,968.00	412x	-21.6x	0.8x
Mon, 08 Jan 2024	AU$1.4b	AU$2.1b	-AU$64,938,763.00	111x	-21.3x	0.7x
Wed, 06 Dec 2023	AU$1.3b	AU$2.1b	-AU$64,938,763.00	100.8x	-20.3x	0.6x
Fri, 03 Nov 2023	AU$1.3b	AU$2.1b	-AU$64,938,763.00	90.6x	-19.3x	0.6x
Sun, 01 Oct 2023	AU$1.3b	AU$2.1b	-AU$64,898,803.00	84.5x	-19.9x	0.6x
Tue, 29 Aug 2023	AU$1.3b	AU$2.0b	-AU$24,531,544.00	14.8x	-52.8x	0.7x
Thu, 27 Jul 2023	AU$1.5b	AU$2.0b	-AU$24,544,700.00	14.8x	-60.7x	0.8x
Sat, 24 Jun 2023	AU$1.4b	AU$2.0b	-AU$24,637,891.00	14.8x	-58.2x	0.7x
Mon, 22 May 2023	AU$1.4b	AU$2.0b	-AU$18,279,793.00	14.8x	-74x	0.7x
Wed, 19 Apr 2023	AU$1.2b	AU$2.0b	-AU$18,160,915.00	14.8x	-66.2x	0.6x
Fri, 17 Mar 2023	AU$1.2b	AU$1.9b	AU$43.1m	8.1x	27.6x	0.6x

Price to Earnings Ratio

27.6x

Fri, 17 Mar 2023

Current Industry PE

Investors are optimistic on the Australian Aerospace & Defense industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 682x which is higher than its 3-year average PE of -86.3x.

The 3-year average PS ratio of 1.6x is lower than the industry's current PS ratio of 3.0x.

Past Earnings Growth

The earnings for companies in the Aerospace & Defense industry have declined 37% per year over the last three years.
Meanwhile revenues for these companies have grown 9.3% per year.
This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.