TDGNYSEAircraft Parts & Auxiliary Equipment, NECFiscal year ends September 30
TransDigm Group INC
Financials through Q3 FY2026, quarter ended Jun 27, 2026Last filing: 10-Q on Aug 4, 2026
$1142.45+3.11 (+0.27%)
Close on Oct 19, 2026
- Market cap
- $65.58B
- P/E (TTM)
- 32.0
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
60.1%+8.3 pts over 5 years
Operating margin
47.2%+12.9 pts over 5 years
Net margin
23.5%+9.8 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +11.2% | +17.6% | +11.6% | +12.6% | |
| Gross profit | +13.7% | +19.7% | +14.9% | +13.9% | |
| Operating income | +18.0% | +23.4% | +18.9% | +14.5% | |
| Net income | +21.0% | +33.8% | +24.3% | +16.6% | |
| EPS, diluted | +25.2% | +33.8% | +29.1% | +15.1% | |
| Free cash flow | -3.4% | +29.9% | +10.4% | +14.6% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -69.4% | -20.4% | -26.0% | |
| Return on assets | 6.2% | 4.0% | 8.6% | |
| Current ratio | 3.89 | 4.31 | 3.21 | |
| Debt to equity | -15.34 | -4.95 | -3.02 | |
| Net debt to EBITDA | 6.05× | 7.35× | 5.84× | |
| Inventory turnover | 2.2× | 2.0× | 1.8× | |
| Capex to revenue | 1.4% | 2.1% | 2.5% | |
| Diluted shares | 56M | 57M | 58M |
Where the cash went
Fiscal 2021 to 2025, five years combined
TransDigm generated $7.32B from operations and spent $15.03B on capital expenditure, dividends and share buybacks. 5% of that went back into the business.
Generated
$7.32B
Used
$15.03B
Capital expenditure$750.00M5%Dividends$12.87B86%Share buybacks$1.41B9%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin23.5%
×Asset turnover0.36×
×Equity multiplier-3.04×
=Return on equity, FY2025-26.0%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 23.5% | 0.36× | -3.04× | -26.0% |
| FY2024 | 21.6% | 0.35× | -5.51× | -41.4% |
| FY2023 | 19.7% | 0.35× | -6.61× | -45.1% |
| FY2022 | 16.0% | 0.29× | -5.59× | -25.9% |
| FY2021 | 14.2% | 0.25× | -5.47× | -19.7% |
| FY2020 | 13.7% | 0.29× | -5.05× | -20.4% |
| FY2019 | 17.0% | 0.37× | -6.05× | -37.9% |
| FY2018 | 25.1% | 0.34× | -4.66× | -40.2% |
| FY2017 | 17.0% | 0.34× | -5.75× | -33.1% |
| FY2016 | 18.5% | 0.33× | -11.26× | -69.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$2.07B
- Cash generatingOperating cash flow above zero$2.04B
- Return on assets improvedROA up on the prior year8.6% → 8.1%
- Earnings backed by cashOperating cash flow above net income$2.04B vs $2.07B
- Less leverageLong-term debt to assets fell95.0% → 127.3%
- Better liquidityCurrent ratio rose1.58 → 3.21
- No dilutionShare count did not rise58M → 58M
- Gross margin improvedGross margin up on the prior year58.84% → 60.14%
- More efficientAsset turnover rose0.40 → 0.35