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U.S. Aerospace and Defense Industry Analysis

UpdatedMar 28, 2024
DataAggregated Company Financials
Companies73
  • 7D1.7%
  • 3M8.5%
  • 1Y11.6%
  • YTDn/a

Over the last 7 days, the Aerospace and Defense industry has risen 1.7%, driven by gains in Lockheed Martin and RTX of 3.7% and 2.7%, respectively. Meanwhile, AAR actually underperformed within the industry, shrinking 6.5% in the last week. This takes the industry's 12 month performance to a gain of 12%. Looking forward, earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

Has the U.S. Aerospace and Defense Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 29 Mar 2024US$605.7bUS$303.9bUS$18.8b32.4x32.1x2x
Sun, 25 Feb 2024US$575.5bUS$303.1bUS$18.6b30.7x31x1.9x
Tue, 23 Jan 2024US$578.3bUS$302.1bUS$20.9b29.5x27.7x1.9x
Thu, 21 Dec 2023US$574.7bUS$302.0bUS$20.9b28x27.5x1.9x
Sat, 18 Nov 2023US$553.0bUS$301.5bUS$20.7b27.9x26.7x1.8x
Mon, 16 Oct 2023US$540.6bUS$301.2bUS$22.4b25.6x24.1x1.8x
Wed, 13 Sep 2023US$528.6bUS$305.9bUS$22.9b25.2x23.1x1.7x
Fri, 11 Aug 2023US$558.4bUS$305.7bUS$22.9b25.7x24.4x1.8x
Sun, 09 Jul 2023US$574.0bUS$297.5bUS$21.7b25.3x26.4x1.9x
Tue, 06 Jun 2023US$558.5bUS$300.3bUS$21.9b24.4x25.6x1.9x
Thu, 04 May 2023US$561.4bUS$298.1bUS$22.0b22.4x25.5x1.9x
Sat, 01 Apr 2023US$577.4bUS$294.7bUS$21.8b24.2x26.5x2x
Mon, 27 Feb 2023US$587.9bUS$292.6bUS$21.8b23.4x27x2x
Wed, 25 Jan 2023US$571.8bUS$289.4bUS$22.8b25.1x25.1x2x
Fri, 23 Dec 2022US$596.1bUS$287.1bUS$22.4b23.9x26.6x2.1x
Sun, 20 Nov 2022US$588.1bUS$284.2bUS$22.0b31.8x26.7x2.1x
Tue, 18 Oct 2022US$514.7bUS$280.7bUS$21.7b25.6x23.7x1.8x
Thu, 15 Sep 2022US$545.9bUS$280.7bUS$21.7b26.5x25.2x1.9x
Sat, 13 Aug 2022US$573.8bUS$280.6bUS$21.6b22.4x26.5x2x
Mon, 11 Jul 2022US$563.0bUS$285.6bUS$22.4b18.8x25.1x2x
Wed, 08 Jun 2022US$589.3bUS$283.0bUS$22.3b21.4x26.5x2.1x
Fri, 06 May 2022US$571.6bUS$284.3bUS$21.4b21.2x26.7x2x
Sun, 03 Apr 2022US$597.9bUS$285.3bUS$22.5b23.3x26.6x2.1x
Tue, 01 Mar 2022US$591.3bUS$287.6bUS$22.6b21.2x26.1x2.1x
Thu, 27 Jan 2022US$524.4bUS$287.4bUS$19.5b19.2x26.9x1.8x
Sat, 25 Dec 2021US$511.1bUS$286.0bUS$18.8b19.1x27.2x1.8x
Mon, 22 Nov 2021US$512.4bUS$286.3bUS$18.8b19.4x27.2x1.8x
Wed, 20 Oct 2021US$545.7bUS$284.5bUS$19.8b20.2x27.6x1.9x
Fri, 17 Sep 2021US$503.8bUS$284.4bUS$20.1b20.4x25.1x1.8x
Sun, 15 Aug 2021US$515.7bUS$284.4bUS$20.1b20.7x25.6x1.8x
Thu, 10 Jun 2021US$524.9bUS$276.7bUS$14.2b29.4x36.9x1.9x
Price to Earnings Ratio

35.5x


Total Market Cap: US$488.5bTotal Earnings: US$13.8bTotal Revenue: US$276.1bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Aerospace and Defense Industry Price to Earnings3Y Average 27.1x202220232024
Current Industry PE
  • Investors are optimistic on the American Aerospace and Defense industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 32.1x which is higher than its 3-year average PE of 27.1x.
  • The industry is trading close to its 3-year average PS ratio of 1.9x.
Past Earnings Growth
  • The earnings for companies in the Aerospace and Defense industry have grown 11% per year over the last three years.
  • Revenues for these companies have grown 3.2% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does U.S. Aerospace and Defense compare with similar industries?

US Market0.38%
Industrials1.31%
Aerospace & Defense1.68%
Aerospace and Defense1.68%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
RTX RTXUS$97.533.5%
+US$4.3b
0.2%PE40.5x
BA BoeingUS$192.992.8%
+US$3.2b
-8.6%PS1.5x
LMT Lockheed MartinUS$454.872.6%
+US$2.8b
-3.9%PE15.8x
NOC Northrop GrummanUS$478.662.4%
+US$1.7b
3.8%PE34.9x
GD General DynamicsUS$282.490.4%
+US$424.2m
24.7%PE23.3x
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Latest News

CW

US$255.94

Curtiss-Wright

7D

3.8%

1Y

46.7%

ACHR

US$4.62

Archer Aviation

7D

-9.6%

1Y

68.0%

DRS

US$22.09

Leonardo DRS

7D

-0.9%

1Y

79.6%

HWM

US$68.43

Howmet Aerospace

7D

1.1%

1Y

63.2%

HII

US$291.47

Huntington Ingalls Industries

7D

-0.8%

1Y

40.8%

RTX

US$97.53

RTX

7D

3.5%

1Y

0.2%

EVEX

US$5.40

Eve Holding

7D

-2.7%

1Y

-22.9%