Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.S. Aerospace & Defense Industry Analysis

UpdatedOct 07, 2025
DataAggregated Company Financials
Companies88
  • 7D3.6%
  • 3M15.7%
  • 1Y36.5%
  • YTD45.5%

In the last week, the Aerospace & Defense industry is up 3.6%, with RTX up 3.2%. In the same time, Firefly Aerospace was down 21%. This means that the industry has gained 37% over the past year. Earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 07 Oct 2025US$1.3tUS$398.6bUS$31.3b39.9x42.1x3.3x
Thu, 04 Sep 2025US$1.2tUS$395.4bUS$31.1b34.4x39x3.1x
Sat, 02 Aug 2025US$1.2tUS$393.1bUS$31.4b36.1x38x3x
Mon, 30 Jun 2025US$1.1tUS$387.1bUS$29.9b36.5x38.3x3x
Wed, 28 May 2025US$1.0tUS$386.7bUS$29.9b34.1x34.8x2.7x
Fri, 25 Apr 2025US$913.8bUS$381.0bUS$28.7b31x31.8x2.4x
Sun, 23 Mar 2025US$937.1bUS$377.0bUS$29.1b32.2x32.2x2.5x
Tue, 18 Feb 2025US$920.6bUS$376.1bUS$30.0b33.9x30.7x2.4x
Thu, 16 Jan 2025US$903.0bUS$403.9bUS$27.9b33.8x32.3x2.2x
Sat, 14 Dec 2024US$893.1bUS$403.7bUS$27.9b34.4x32x2.2x
Mon, 11 Nov 2024US$966.7bUS$403.3bUS$27.9b36x34.6x2.4x
Wed, 09 Oct 2024US$949.4bUS$393.7bUS$23.6b34.5x40.2x2.4x
Fri, 06 Sep 2024US$885.9bUS$388.8bUS$23.3b33.3x38.1x2.3x
Sun, 04 Aug 2024US$844.9bUS$387.9bUS$23.1b32.9x36.6x2.2x
Tue, 02 Jul 2024US$790.1bUS$381.1bUS$24.0b32.1x32.9x2.1x
Thu, 30 May 2024US$812.9bUS$381.1bUS$23.9b31x34.1x2.1x
Sat, 27 Apr 2024US$790.0bUS$379.7bUS$23.5b31.2x33.7x2.1x
Mon, 25 Mar 2024US$597.9bUS$303.9bUS$18.8b31.7x31.7x2x
Wed, 21 Feb 2024US$569.3bUS$303.1bUS$18.5b29.4x30.7x1.9x
Fri, 19 Jan 2024US$577.9bUS$302.1bUS$20.9b28.9x27.6x1.9x
Sun, 17 Dec 2023US$566.6bUS$301.7bUS$20.9b27.7x27.1x1.9x
Tue, 14 Nov 2023US$553.9bUS$301.4bUS$20.7b30.1x26.8x1.8x
Thu, 12 Oct 2023US$538.1bUS$301.2bUS$22.4b26.4x24x1.8x
Sat, 09 Sep 2023US$543.1bUS$305.9bUS$22.9b24.5x23.8x1.8x
Mon, 07 Aug 2023US$554.9bUS$305.2bUS$22.8b26.6x24.3x1.8x
Wed, 05 Jul 2023US$579.8bUS$297.4bUS$21.7b25.3x26.7x1.9x
Fri, 02 Jun 2023US$547.9bUS$300.3bUS$21.9b23.5x25.1x1.8x
Sun, 30 Apr 2023US$572.8bUS$297.4bUS$22.0b22.1x26x1.9x
Tue, 28 Mar 2023US$569.7bUS$294.7bUS$21.6b23.6x26.3x1.9x
Thu, 23 Feb 2023US$591.1bUS$292.7bUS$22.1b24.8x26.7x2x
Sat, 21 Jan 2023US$561.8bUS$287.0bUS$22.2b25.4x25.3x2x
Mon, 19 Dec 2022US$592.2bUS$286.9bUS$22.4b26.1x26.4x2.1x
Wed, 16 Nov 2022US$582.5bUS$284.1bUS$22.0b29.6x26.5x2.1x
Fri, 14 Oct 2022US$535.0bUS$280.7bUS$21.7b26.3x24.7x1.9x
Price to Earnings Ratio

24.7x


Total Market Cap: US$535.0bTotal Earnings: US$21.7bTotal Revenue: US$280.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Aerospace & Defense Industry Price to Earnings3Y Average 30.8x202320242025
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 42.1x which is higher than its 3-year average PE of 30.8x.
  • The 3-year average PS ratio of 2.2x 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 13% per year over the last three years.
  • Revenues for these companies have grown 12% 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 Market1.06%
Industrials2.09%
Aerospace & Defense3.61%
Aerospace and Defense3.61%
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$168.803.2%
+US$6.9b		35.0%PE36.8x
RKLB Rocket LabUS$58.5024.4%
+US$5.6b		504.3%PS56.1x
LMT Lockheed MartinUS$514.244.5%
+US$5.2b		-15.1%PE28.6x
GE General ElectricUS$298.221.6%
+US$4.9b		60.4%PE41.7x
AVAV AeroVironmentUS$391.8826.9%
+US$4.2b		90.9%PS18x

Latest News

PKE
US$19.90
Park Aerospace
7D
-1.5%
1Y
49.7%
FLY
US$29.09
Firefly Aerospace
7D
-21.3%
1Y
n/a
RTX
US$168.80
RTX
7D
3.2%
1Y
35.0%

Global Defense Spending And International Contracts Will Shape Aerospace Potential

Analysts have raised their price target for RTX, increasing the fair value estimate by approximately $2 to $166.56. They cite stronger-than-expected recent earnings, robust momentum across segments, and improving outlooks on tariffs and defense spending.
AIR
US$83.35
AAR
7D
-5.2%
1Y
29.7%

OKC And Miami MRO Expansion Will Serve Rising Air Travel

Analysts have raised their price target for AAR from $87 to $91. They cite stronger projected revenue growth and significantly improved profit margin forecasts as key drivers for the upward revision.
HWM
US$190.48
Howmet Aerospace
7D
-0.8%
1Y
85.2%
GE
US$298.22
General Electric
7D
1.6%
1Y
60.4%
AVAV
US$391.88
AeroVironment
7D
26.9%
1Y
90.9%

Laser Communications And Directed Energy Will Drive Defense Modernization

AeroVironment’s analyst price target increased from $305.55 to $331.67 per share. Analysts point to a larger addressable market, updated growth forecasts, and expanding opportunities highlighted during recent investor events.
GD
US$346.50
General Dynamics
7D
4.3%
1Y
16.6%
LMT
US$514.24
Lockheed Martin
7D
4.5%
1Y
-15.1%
RKLB
US$58.50
Rocket Lab
7D
24.4%
1Y
504.3%
NOC
US$618.52
Northrop Grumman
7D
4.1%
1Y
15.8%
AZ
US$7.57
A2Z Cust2Mate Solutions
7D
-4.8%
1Y
298.4%
VWAV
US$8.29
VisionWave Holdings
7D
-15.9%
1Y
-25.2%
VSEC
US$163.35
VSE
7D
-0.5%
1Y
92.6%
ACHR
US$13.64
Archer Aviation
7D
41.3%
1Y
328.9%