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U.S. Aerospace & Defense Industry Analysis

UpdatedJun 21, 2026
DataAggregated Company Financials
Companies103
  • 7D1.7%
  • 3M5.4%
  • 1Y30.6%
  • YTD7.6%

In the last week, the Aerospace & Defense industry is up 1.7%, with General Electric up 6.7%. Meanwhile, Lockheed Martin actually underperformed within the industry, shrinking 5.4% in the last week. This means that the industry has gained 31% over the past year. Looking forward, earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 21 Jun 2026US$1.8tUS$547.6bUS$39.8b38.2x45.7x3.3x
Tue, 19 May 2026US$1.6tUS$529.2bUS$37.5b34.2x42.4x3x
Thu, 16 Apr 2026US$1.7tUS$511.7bUS$36.3b38.8x46.2x3.3x
Sat, 14 Mar 2026US$1.7tUS$511.3bUS$35.2b41.6x47x3.2x
Mon, 09 Feb 2026US$1.7tUS$509.8bUS$35.5b41.3x47.2x3.3x
Wed, 07 Jan 2026US$1.4tUS$410.0bUS$31.9b40.4x44.7x3.5x
Fri, 05 Dec 2025US$1.3tUS$409.5bUS$32.4b37.9x39.2x3.1x
Sun, 02 Nov 2025US$1.4tUS$408.1bUS$32.3b38.9x42.2x3.3x
Tue, 30 Sep 2025US$1.3tUS$395.8bUS$31.0b38x41.2x3.2x
Thu, 28 Aug 2025US$1.2tUS$394.2bUS$31.0b34.9x39.3x3.1x
Sat, 26 Jul 2025US$1.2tUS$392.6bUS$31.2b36.5x38.1x3x
Mon, 23 Jun 2025US$1.1tUS$387.0bUS$29.9b34.1x37.1x2.9x
Wed, 21 May 2025US$1.1tUS$386.7bUS$30.0b33.3x35.3x2.7x
Fri, 18 Apr 2025US$926.1bUS$377.4bUS$28.8b31.1x32.2x2.5x
Sun, 16 Mar 2025US$929.1bUS$377.0bUS$29.1b31.9x32x2.5x
Tue, 11 Feb 2025US$940.5bUS$375.6bUS$29.9b33.3x31.5x2.5x
Thu, 09 Jan 2025US$873.8bUS$403.9bUS$27.9b33.1x31.3x2.2x
Sat, 07 Dec 2024US$929.3bUS$403.7bUS$27.9b34.8x33.3x2.3x
Mon, 04 Nov 2024US$900.4bUS$403.1bUS$27.7b32.5x32.5x2.2x
Wed, 02 Oct 2024US$935.0bUS$393.7bUS$23.6b35.4x39.6x2.4x
Fri, 30 Aug 2024US$890.2bUS$388.7bUS$23.3b34.1x38.3x2.3x
Sun, 28 Jul 2024US$850.5bUS$387.2bUS$22.9b34.6x37.1x2.2x
Tue, 25 Jun 2024US$807.6bUS$381.1bUS$23.9b32.2x33.8x2.1x
Thu, 23 May 2024US$812.3bUS$380.8bUS$23.8b31.7x34.1x2.1x
Sat, 20 Apr 2024US$762.9bUS$371.8bUS$27.8b30.2x27.5x2.1x
Mon, 18 Mar 2024US$585.9bUS$303.9bUS$18.8b31.5x31.2x1.9x
Wed, 14 Feb 2024US$563.3bUS$303.0bUS$18.5b29.2x30.4x1.9x
Fri, 12 Jan 2024US$576.3bUS$302.1bUS$20.9b29.1x27.6x1.9x
Sun, 10 Dec 2023US$566.7bUS$301.7bUS$20.9b28.2x27.1x1.9x
Tue, 07 Nov 2023US$555.5bUS$301.3bUS$20.6b28.2x27x1.8x
Thu, 05 Oct 2023US$511.1bUS$301.2bUS$22.4b26x22.8x1.7x
Sat, 02 Sep 2023US$559.0bUS$305.8bUS$22.8b25.5x24.5x1.8x
Mon, 31 Jul 2023US$559.3bUS$304.0bUS$22.8b26.1x24.6x1.8x
Wed, 28 Jun 2023US$568.1bUS$297.4bUS$21.9b24.7x26x1.9x
Price to Earnings Ratio

26x


Total Market Cap: US$568.1bTotal Earnings: US$21.9bTotal Revenue: US$297.4bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Aerospace & Defense Industry Price to Earnings3Y Average 35x202420252026
Current Industry PE
  • Investors are optimistic on the American Aerospace & Defense industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 45.7x which is higher than its 3-year average PE of 35.0x.
  • The 3-year average PS ratio of 2.5x is lower than the industry's current PS ratio of 3.3x.
Past Earnings Growth
  • The earnings for companies in the Aerospace & Defense industry have grown 22% per year over the last three years.
  • Revenues for these companies have grown 23% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the U.S. Industrials industry?

US Market1.39%
Industrials2.54%
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
GE General ElectricUS$357.646.7%
+US$23.3b		49.4%PE43.6x
HWM Howmet AerospaceUS$277.664.9%
+US$5.2b		60.2%PE63.7x
TDG TransDigm GroupUS$1.33k5.8%
+US$4.0b		-7.9%PE39.9x
FTAI FTAI AviationUS$276.1114.1%
+US$3.5b		113.9%PE54.3x
BA BoeingUS$222.721.7%
+US$2.9b		12.1%PE91.3x

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GE
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