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U.S. Aerospace & Defense Industry Analysis

UpdatedAug 12, 2024
DataAggregated Company Financials
Companies72
  • 7D3.3%
  • 3M7.3%
  • 1Y31.4%
  • YTD23.6%

Over the last 7 days, the Aerospace & Defense industry has risen 3.3%, driven by gains from General Electric of 5.5%. Meanwhile, Kratos Defense & Security Solutions actually underperformed within the industry, shrinking 6.0% in the last week. This means that the industry has gained 31% over the past year. As for the next few years, earnings are expected to grow by 15% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 12 Aug 2024US$861.4bUS$388.4bUS$23.2b32.5x37.1x2.2x
Wed, 10 Jul 2024US$793.2bUS$381.1bUS$24.0b34x33x2.1x
Fri, 07 Jun 2024US$812.8bUS$381.1bUS$23.8b31.8x34.1x2.1x
Sun, 05 May 2024US$797.8bUS$380.4bUS$23.7b29.4x33.7x2.1x
Tue, 02 Apr 2024US$605.8bUS$303.9bUS$18.8b31.9x32.1x2x
Thu, 29 Feb 2024US$575.4bUS$303.7bUS$18.7b31.9x30.8x1.9x
Sat, 27 Jan 2024US$576.1bUS$306.4bUS$17.9b32.1x32.1x1.9x
Mon, 25 Dec 2023US$574.7bUS$302.1bUS$20.9b28.3x27.5x1.9x
Wed, 22 Nov 2023US$552.3bUS$301.6bUS$20.9b27.3x26.5x1.8x
Fri, 20 Oct 2023US$538.9bUS$301.5bUS$22.3b25.5x24.2x1.8x
Sun, 17 Sep 2023US$530.5bUS$305.9bUS$22.6b25.6x23.5x1.7x
Tue, 15 Aug 2023US$559.1bUS$305.7bUS$22.8b25.8x24.6x1.8x
Thu, 13 Jul 2023US$577.7bUS$298.0bUS$21.6b25.7x26.7x1.9x
Sat, 10 Jun 2023US$571.8bUS$300.3bUS$21.9b24.7x26.1x1.9x
Mon, 08 May 2023US$561.5bUS$298.4bUS$22.0b22.9x25.5x1.9x
Wed, 05 Apr 2023US$584.1bUS$294.7bUS$21.8b24.1x26.8x2x
Fri, 03 Mar 2023US$589.3bUS$293.0bUS$21.7b23.5x27.1x2x
Sun, 29 Jan 2023US$576.6bUS$291.9bUS$22.2b25.2x26x2x
Tue, 27 Dec 2022US$595.0bUS$287.1bUS$22.2b24.1x26.8x2.1x
Thu, 24 Nov 2022US$593.9bUS$284.2bUS$22.0b31.9x27x2.1x
Sat, 22 Oct 2022US$568.3bUS$281.2bUS$22.8b27.5x24.9x2x
Mon, 19 Sep 2022US$538.5bUS$280.7bUS$21.7b27x24.9x1.9x
Wed, 17 Aug 2022US$578.9bUS$280.5bUS$21.6b24x26.7x2.1x
Fri, 15 Jul 2022US$537.6bUS$285.6bUS$22.4b19x24x1.9x
Sun, 12 Jun 2022US$559.4bUS$284.8bUS$22.4b19.8x25x2x
Tue, 10 May 2022US$571.0bUS$284.6bUS$21.4b21x26.7x2x
Thu, 07 Apr 2022US$594.9bUS$285.3bUS$22.5b22.3x26.5x2.1x
Sat, 05 Mar 2022US$600.5bUS$287.6bUS$22.6b21.3x26.5x2.1x
Mon, 31 Jan 2022US$520.6bUS$285.3bUS$21.9b19.5x23.8x1.8x
Wed, 29 Dec 2021US$516.8bUS$286.0bUS$18.8b19.1x27.5x1.8x
Fri, 26 Nov 2021US$517.6bUS$286.3bUS$18.8b18.8x27.5x1.8x
Sun, 24 Oct 2021US$550.2bUS$284.5bUS$19.8b20.6x27.8x1.9x
Tue, 21 Sep 2021US$503.7bUS$284.4bUS$20.1b20.5x25.1x1.8x
Thu, 19 Aug 2021US$502.6bUS$284.4bUS$20.1b19.8x25x1.8x
Price to Earnings Ratio

25x


Total Market Cap: US$502.6bTotal 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 37.1x 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 4.9% 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 Market2.60%
Industrials2.26%
Aerospace & Defense3.31%
Aerospace and Defense3.31%
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$167.135.5%
+US$9.5b		44.6%PE45x
AXON Axon EnterpriseUS$365.0027.6%
+US$6.0b		76.7%PE94.9x
HWM Howmet AerospaceUS$93.097.3%
+US$2.6b		89.1%PE40.8x
TDG TransDigm GroupUS$1.25k3.0%
+US$2.2b		44.1%PE44.8x
GD General DynamicsUS$292.992.5%
+US$1.9b		29.4%PE22.7x
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Latest News

GD

US$292.99

General Dynamics

7D

2.5%

1Y

29.4%

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RDW

US$5.39

Redwire

7D

-8.5%

1Y

62.8%

ACHR

US$3.64

Archer Aviation

7D

-6.9%

1Y

-44.5%

AXON

US$365.00

Axon Enterprise

7D

27.6%

1Y

76.7%

Axon Enterprise (NASDAQ:AXON) Is Looking To Continue Growing Its Returns On Capital

Aug 10
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TDG

US$1,246.10

TransDigm Group

7D

3.0%

1Y

44.1%

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Aug 09
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RTX

US$116.15

RTX

7D

0.9%

1Y

34.4%

ASLE

US$5.16

AerSale

7D

-15.3%

1Y

-53.0%

KTOS

US$19.73

Kratos Defense & Security Solutions

7D

-2.6%

1Y

22.9%

EVEX

US$2.65

Eve Holding

7D

-11.7%

1Y

-68.8%

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Aug 08
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TGI

US$13.48

Triumph Group

7D

-10.3%

1Y

66.4%

LMT

US$551.58

Lockheed Martin

7D

1.1%

1Y

22.6%

EVTL

US$0.79

Vertical Aerospace

7D

-1.5%

1Y

-49.8%

HEI

US$236.30

HEICO

7D

4.2%

1Y

38.5%

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Aug 05
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HWM

US$93.09

Howmet Aerospace

7D

7.3%

1Y

89.1%

LILM

US$0.76

Lilium

7D

-2.4%

1Y

-32.9%

GE

US$167.13

General Electric

7D

5.5%

1Y

44.6%

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Jul 23