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U.S. Aerospace & Defense Industry Analysis

UpdatedAug 08, 2024
DataAggregated Company Financials
Companies73
  • 7D-2.9%
  • 3M3.5%
  • 1Y28.3%
  • YTD20.8%

Over the last 7 days, the Aerospace & Defense industry has dropped 2.9%, driven by a pullback from Boeing of 14%. On the other hand Axon Enterprise is actually up 16%. Over the past 12 months, the industry was up 28%. Earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 09 Aug 2024US$836.6bUS$388.2bUS$23.1b31.8x36.2x2.2x
Sun, 07 Jul 2024US$789.0bUS$381.1bUS$24.0b34.3x32.8x2.1x
Tue, 04 Jun 2024US$817.3bUS$381.1bUS$23.9b31.3x34.3x2.1x
Thu, 02 May 2024US$791.4bUS$380.0bUS$23.5b28.7x33.6x2.1x
Sat, 30 Mar 2024US$605.7bUS$303.9bUS$18.8b32.4x32.1x2x
Mon, 26 Feb 2024US$575.5bUS$303.1bUS$18.6b30.7x31x1.9x
Wed, 24 Jan 2024US$578.3bUS$303.9bUS$20.9b29.4x27.6x1.9x
Fri, 22 Dec 2023US$565.4bUS$302.0bUS$20.9b28x27.1x1.9x
Sun, 19 Nov 2023US$553.0bUS$301.5bUS$20.7b27.9x26.7x1.8x
Tue, 17 Oct 2023US$543.1bUS$301.2bUS$22.4b26.4x24.2x1.8x
Thu, 14 Sep 2023US$527.0bUS$305.9bUS$22.9b25x23.1x1.7x
Sat, 12 Aug 2023US$561.7bUS$305.7bUS$22.8b25.9x24.7x1.8x
Mon, 10 Jul 2023US$574.0bUS$297.5bUS$21.7b25.3x26.4x1.9x
Wed, 07 Jun 2023US$563.3bUS$300.3bUS$21.9b24.4x25.8x1.9x
Fri, 05 May 2023US$556.0bUS$298.3bUS$22.0b22.4x25.3x1.9x
Sun, 02 Apr 2023US$577.4bUS$294.7bUS$21.8b24.2x26.5x2x
Tue, 28 Feb 2023US$586.7bUS$292.6bUS$21.8b23.6x26.9x2x
Thu, 26 Jan 2023US$574.1bUS$289.4bUS$22.8b25.5x25.2x2x
Sat, 24 Dec 2022US$594.8bUS$287.1bUS$22.4b24.1x26.5x2.1x
Mon, 21 Nov 2022US$588.1bUS$284.2bUS$22.0b31.8x26.7x2.1x
Wed, 19 Oct 2022US$551.9bUS$280.7bUS$21.7b26.8x25.5x2x
Fri, 16 Sep 2022US$541.1bUS$280.7bUS$21.7b26.6x25x1.9x
Sun, 14 Aug 2022US$573.8bUS$280.6bUS$21.6b23.7x26.5x2x
Tue, 12 Jul 2022US$558.7bUS$285.6bUS$22.4b19.1x24.9x2x
Thu, 09 Jun 2022US$589.3bUS$283.0bUS$22.3b21.4x26.5x2.1x
Sat, 07 May 2022US$570.4bUS$284.6bUS$20.5b20.8x27.9x2x
Mon, 04 Apr 2022US$597.9bUS$285.3bUS$22.5b23.3x26.6x2.1x
Wed, 02 Mar 2022US$597.5bUS$287.6bUS$22.6b21.3x26.4x2.1x
Fri, 28 Jan 2022US$516.0bUS$287.2bUS$19.5b19.1x26.5x1.8x
Sun, 26 Dec 2021US$511.1bUS$286.0bUS$18.8b19.1x27.2x1.8x
Tue, 23 Nov 2021US$519.1bUS$286.3bUS$18.8b19.2x27.6x1.8x
Thu, 21 Oct 2021US$547.0bUS$284.5bUS$19.8b20.6x27.7x1.9x
Sat, 18 Sep 2021US$503.2bUS$284.4bUS$20.1b21.1x25x1.8x
Mon, 16 Aug 2021US$517.6bUS$284.4bUS$20.1b20.6x25.7x1.8x
Price to Earnings Ratio

25.7x


Total Market Cap: US$517.6bTotal Earnings: US$20.1bTotal Revenue: US$284.4bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Aerospace & Defense Industry Price to Earnings3Y Average 27.1x202220232024
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 36.2x which is higher than its 3-year average PE of 27.1x.
  • The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 2.2x.
Past Earnings Growth
  • The earnings for companies in the Aerospace & Defense industry have grown 4.7% 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-5.71%
Industrials-5.87%
Aerospace & Defense-2.92%
Aerospace and Defense-2.92%
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
AXON Axon EnterpriseUS$368.4623.0%
+US$5.2b		80.5%PE95.8x
LMT Lockheed MartinUS$551.620.5%
+US$657.9m		22.6%PE19.5x
LHX L3Harris TechnologiesUS$230.620.6%
+US$265.6m		23.7%PE36.8x
AVAV AeroVironmentUS$176.431.2%
+US$58.4m		81.9%PE82.6x
SPCE Virgin Galactic HoldingsUS$6.01-6.1%
US$39.6m		-90.7%PS15.9x
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Latest News

SPCE

US$6.01

Virgin Galactic Holdings

7D

-6.1%

1Y

-90.7%

AXON

US$368.46

Axon Enterprise

7D

23.0%

1Y

80.5%

TDG

US$1,231.12

TransDigm Group

7D

-2.9%

1Y

40.3%

GD

US$290.80

General Dynamics

7D

-0.9%

1Y

28.9%

General Dynamics Corporation (NYSE:GD) Shares Could Be 42% Below Their Intrinsic Value Estimate

Aug 07
General Dynamics Corporation (NYSE:GD) Shares Could Be 42% Below Their Intrinsic Value Estimate

LMT

US$551.62

Lockheed Martin

7D

0.5%

1Y

22.6%

BYRN

US$10.15

Byrna Technologies

7D

11.5%

1Y

209.5%

AVAV

US$176.43

AeroVironment

7D

1.2%

1Y

81.9%

HEI

US$233.72

HEICO

7D

-3.0%

1Y

36.4%

Should You Be Adding HEICO (NYSE:HEI) To Your Watchlist Today?

Aug 05
Should You Be Adding HEICO (NYSE:HEI) To Your Watchlist Today?

RTX

US$115.10

RTX

7D

-1.4%

1Y

33.5%

RTX Corporation: Set To Reach New Heights, Reiterate Buy

Aug 03

TXT

US$84.78

Textron

7D

-6.4%

1Y

9.1%

HWM

US$91.96

Howmet Aerospace

7D

-3.1%

1Y

84.5%

BA

US$168.87

Boeing

7D

-5.3%

1Y

-29.1%

Why Boeing Stock Initially Jumped On Wider Losses

Aug 01

LHX

US$230.62

L3Harris Technologies

7D

0.6%

1Y

23.7%

MRCY

US$34.66

Mercury Systems

7D

0.8%

1Y

-3.0%

GE

US$165.61

General Electric

7D

-2.4%

1Y

45.8%

This Is Not Your Father's GE: GE Aerospace Keeps Hitting Home Runs

Jul 23

EH

US$12.59

EHang Holdings

7D

3.1%

1Y

-43.8%

EHang: Investors Underestimate How Much The Chinese Government Wants This

Jun 19