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U.S. Aerospace & Defense Industry Analysis

UpdatedMay 23, 2024
DataAggregated Company Financials
Companies73
  • 7D0.4%
  • 3M9.8%
  • 1Y28.8%
  • YTD16.3%

Over the last 7 days, the Aerospace & Defense industry has remained flat, although notably Boeing gained 5.2%. The past year has been better, since the industry has gained 29% in that time. Looking forward, earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
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
Fri, 26 May 2023US$551.3bUS$300.3bUS$21.9b23.4x25.2x1.8x
Sun, 23 Apr 2023US$587.6bUS$294.9bUS$21.8b23x27x2x
Tue, 21 Mar 2023US$566.8bUS$294.6bUS$21.7b23.8x26.2x1.9x
Thu, 16 Feb 2023US$592.6bUS$292.5bUS$22.2b25.1x26.7x2x
Sat, 14 Jan 2023US$577.9bUS$287.0bUS$22.2b25.5x26.1x2x
Mon, 12 Dec 2022US$593.1bUS$286.9bUS$22.4b26.3x26.5x2.1x
Wed, 09 Nov 2022US$588.1bUS$283.4bUS$21.9b30.4x26.9x2.1x
Fri, 07 Oct 2022US$528.8bUS$280.7bUS$21.7b26.1x24.4x1.9x
Sun, 04 Sep 2022US$539.8bUS$280.6bUS$21.7b24.6x24.9x1.9x
Tue, 02 Aug 2022US$562.2bUS$283.7bUS$21.4b21.2x26.3x2x
Thu, 30 Jun 2022US$544.1bUS$284.8bUS$22.4b18.5x24.3x1.9x
Sat, 28 May 2022US$571.8bUS$283.0bUS$22.3b21.5x25.7x2x
Mon, 25 Apr 2022US$583.9bUS$284.0bUS$22.4b22.3x26.1x2.1x
Wed, 23 Mar 2022US$596.7bUS$288.2bUS$22.8b22.2x26.2x2.1x
Fri, 18 Feb 2022US$541.4bUS$287.5bUS$22.3b20.7x24.2x1.9x
Sun, 16 Jan 2022US$540.7bUS$286.0bUS$18.7b19.5x28.9x1.9x
Tue, 14 Dec 2021US$505.6bUS$285.9bUS$18.8b18.5x26.9x1.8x
Thu, 11 Nov 2021US$524.8bUS$286.3bUS$19.1b19.3x27.5x1.8x
Sat, 09 Oct 2021US$534.9bUS$284.5bUS$19.8b20.5x27.1x1.9x
Mon, 06 Sep 2021US$516.7bUS$284.6bUS$20.0b20.2x25.8x1.8x
Wed, 04 Aug 2021US$510.7bUS$284.4bUS$20.1b20.8x25.4x1.8x
Price to Earnings Ratio

36.9x


Total Market Cap: US$524.9bTotal Earnings: US$14.2bTotal Revenue: US$276.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Aerospace & Defense Industry Price to Earnings3Y Average 26.9x202220232024
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 34.1x which is higher than its 3-year average PE of 26.9x.
  • The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Aerospace & Defense industry have grown 19% per year over the last three years.
  • Revenues for these companies have grown 11% 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 Market-0.19%
Industrials-0.83%
Aerospace & Defense0.43%
Aerospace and Defense0.43%
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
BA BoeingUS$186.285.2%
+US$5.7b		-6.5%PS1.5x
TDG TransDigm GroupUS$1.33k2.9%
+US$2.1b		70.1%PE51.2x
LMT Lockheed MartinUS$469.711.2%
+US$1.4b		3.8%PE16.6x
RTX RTXUS$106.310.9%
+US$1.3b		13.5%PE40.6x
GD General DynamicsUS$298.011.2%
+US$936.8m		44.3%PE24.1x
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Latest News

LMT

US$469.71

Lockheed Martin

7D

1.2%

1Y

3.8%

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TDG

US$1,326.19

TransDigm Group

7D

2.9%

1Y

70.1%

GD

US$298.01

General Dynamics

7D

1.2%

1Y

44.3%

HII

US$254.49

Huntington Ingalls Industries

7D

-0.7%

1Y

28.5%

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May 22
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EH

US$16.21

EHang Holdings

7D

-9.3%

1Y

52.8%

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May 22
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NOC

US$474.69

Northrop Grumman

7D

1.1%

1Y

7.5%

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May 22
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ACHR

US$3.42

Archer Aviation

7D

-12.1%

1Y

12.5%

BA

US$186.28

Boeing

7D

5.2%

1Y

-6.5%

LILM

US$1.13

Lilium

7D

-14.4%

1Y

1.8%

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May 16

AXON

US$284.87

Axon Enterprise

7D

-3.1%

1Y

47.7%

RTX

US$106.31

RTX

7D

0.9%

1Y

13.5%

LOAR

US$59.71

Loar Holdings

7D

17.7%

1Y

n/a

HXL

US$71.29

Hexcel

7D

-1.9%

1Y

0.6%

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May 12
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BWXT

US$88.68

BWX Technologies

7D

-2.0%

1Y

37.6%

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May 11
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GE

US$160.81

General Electric

7D

-1.6%

1Y

59.2%

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May 06

LHX

US$225.32

L3Harris Technologies

7D

1.5%

1Y

23.3%