Transdigm Group (TDG) Financials

$1,400.76 +2.71 (+0.19%)

Closing price 03:59 PM Eastern

Extended Trading

$1,399.41 -1.36 (-0.10%)

As of 05:05 PM Eastern

Annual Income Statements for Transdigm Group

This table shows Transdigm Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	9/30/2014	9/30/2015	9/30/2016	9/30/2017	9/30/2018	9/30/2019	9/30/2020	9/30/2021	9/30/2022	9/30/2023	9/30/2024
Net Income / (Loss) Attributable to Common Shareholders	307	447	583	597	957	890	699	680	866	1,298	1,714
Consolidated Net Income / (Loss)	307	447	586	597	957	892	700	681	867	1,299	1,715
Net Income / (Loss) Continuing Operations	307	447	586	629	962	841	653	681	866	1,299	1,715
Total Pre-Tax Income	449	637	768	837	986	1,063	740	715	1,127	1,716	2,215
Total Operating Income	928	1,074	1,268	1,483	1,655	1,926	1,751	1,691	2,215	2,923	3,531
Total Gross Profit	1,268	1,450	1,728	1,985	2,177	2,809	2,647	2,513	3,099	3,842	4,672
Total Revenue	2,373	2,707	3,171	3,504	3,811	5,223	5,103	4,798	5,429	6,585	7,940
Operating Revenue	2,373	2,707	3,171	3,504	3,811	5,223	5,103	4,798	5,429	6,585	7,940
Total Cost of Revenue	1,105	1,257	1,443	1,520	1,634	2,414	2,456	2,285	2,330	2,743	3,268
Operating Cost of Revenue	1,105	1,257	1,443	1,520	1,634	2,414	2,456	2,285	2,330	2,743	3,268
Total Operating Expenses	340	376	460	502	522	883	896	822	884	919	1,141
Selling, General & Admin Expense	276	322	383	413	450	748	727	685	748	780	980
Amortization Expense	64	54	77	89	72	135	169	137	136	139	161
Total Other Income / (Expense), net	-479	-437	-500	-645	-669	-863	-1,011	-976	-1,088	-1,207	-1,316
Interest Expense	479	437	500	642	669	862	1,057	1,096	1,077	1,220	1,344
Other Income / (Expense), net	-	-	-	-3.02	0.00	-1.00	46	120	-11	13	28
Income Tax Expense	142	190	182	209	24	222	87	34	261	417	500
Net Income / (Loss) Discontinued Operations	-	0.00	0.00	-32	-5.00	51	47	0.00	1.00	0.00	0.00
Net Income / (Loss) Attributable to Noncontrolling Interest	-	-	-	0.00	0.00	2.00	1.00	1.00	1.00	1.00	1.00
Basic Earnings per Share	$3.16	$7.84	$10.39	$7.88	$16.20	$13.84	$8.96	$10.41	$13.40	$22.03	$25.62
Weighted Average Basic Shares Outstanding	56.99M	56.61M	56.16M	55.53M	55.60M	56.30M	57.30M	58.40M	58.20M	57.20M	57.80M
Diluted Earnings per Share	$3.16	$7.84	$10.39	$7.88	$16.20	$13.84	$8.96	$10.41	$13.40	$22.03	$25.62
Weighted Average Diluted Shares Outstanding	56.99M	56.61M	56.16M	55.53M	55.60M	56.30M	57.30M	58.40M	58.20M	57.20M	57.80M
Weighted Average Basic & Diluted Shares Outstanding	56.99M	56.61M	56.16M	55.53M	55.60M	56.30M	57.30M	58.40M	54.37M	55.31M	56.23M
Cash Dividends to Common per Share	$25.00	$0.00	$0.00	$46.00	$0.00	$30.00	$32.50	$0.00	$18.50	$0.00	$110.00

This table shows Transdigm Group's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	12/31/2022	4/1/2023	7/1/2023	9/30/2023	12/30/2023	3/30/2024	6/29/2024	9/30/2024	12/28/2024	3/29/2025	6/28/2025
Net Income / (Loss) Attributable to Common Shareholders	228	304	351	415	382	403	461	468	493	479	492
Consolidated Net Income / (Loss)	229	304	352	414	382	404	461	468	493	479	493
Net Income / (Loss) Continuing Operations	229	304	352	414	382	404	461	468	493	479	493
Total Pre-Tax Income	301	397	469	549	488	519	602	606	619	622	635
Total Operating Income	590	695	783	855	787	867	934	943	974	991	1,039
Total Gross Profit	793	929	1,029	1,091	1,042	1,152	1,220	1,258	1,235	1,274	1,332
Total Revenue	1,397	1,592	1,744	1,852	1,789	1,919	2,046	2,186	2,006	2,150	2,237
Operating Revenue	1,397	1,592	1,744	1,852	1,789	1,919	2,046	2,186	2,006	2,150	2,237
Total Cost of Revenue	604	663	715	761	747	767	826	928	771	876	905
Operating Cost of Revenue	604	663	715	761	747	767	826	928	771	876	905
Total Operating Expenses	203	234	246	236	255	285	286	315	261	283	293
Selling, General & Admin Expense	169	199	209	203	220	248	248	264	211	236	242
Amortization Expense	34	35	37	33	35	37	38	51	50	47	51
Total Other Income / (Expense), net	-289	-298	-314	-306	-299	-348	-332	-337	-355	-369	-404
Interest Expense	290	300	323	307	300	354	346	344	378	378	404
Other Income / (Expense), net	1.00	2.00	9.00	1.00	1.00	6.00	14	7.00	23	9.00	0.00
Income Tax Expense	72	93	117	135	106	115	141	138	126	143	142
Net Income / (Loss) Attributable to Noncontrolling Interest	1.00	0.00	1.00	-1.00	0.00	1.00	0.00	-	0.00	0.00	1.00
Basic Earnings per Share	$3.33	$5.32	$6.14	$7.24	$4.87	$6.97	$7.96	$5.82	$7.62	$8.24	$8.47
Weighted Average Basic Shares Outstanding	57.10M	57.10M	57.20M	57.20M	57.70M	57.80M	57.90M	57.80M	58.30M	58.10M	58.10M
Diluted Earnings per Share	$3.33	$5.32	$6.14	$7.24	$4.87	$6.97	$7.96	$5.82	$7.62	$8.24	$8.47
Weighted Average Diluted Shares Outstanding	57.10M	57.10M	57.20M	57.20M	57.70M	57.80M	57.90M	57.80M	58.30M	58.10M	58.10M
Weighted Average Basic & Diluted Shares Outstanding	54.60M	54.93M	55.18M	55.31M	55.61M	55.96M	56.11M	56.23M	56.08M	56.17M	56.35M
Cash Dividends to Common per Share	$0.00	$0.00	$0.00	-	$35.00	$0.00	$0.00	$75.00	$0.00	$0.00	$0.00

This table details how cash moves in and out of Transdigm Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	9/30/2014	9/30/2015	9/30/2016	9/30/2017	9/30/2018	9/30/2019	9/30/2020	9/30/2021	9/30/2022	9/30/2023	9/30/2024
Net Change in Cash & Equivalents	-1,658	-569	873	-936	1,422	-606	3,250	70	-1,786	471	2,789
Net Cash From Operating Activities	273	120	683	789	1,022	1,015	1,213	913	948	1,375	2,045
Net Cash From Continuing Operating Activities	273	120	683	792	1,023	1,015	1,213	913	948	1,375	2,045
Net Income / (Loss) Continuing Operations	0.00	0.00	586	597	957	841	653	681	866	1,299	1,715
Consolidated Net Income / (Loss)	-	-	586	597	957	892	700	681	867	1,299	1,715
Net Income / (Loss) Discontinued Operations	-	0.00	-	-	-	51	47	0.00	1.00	0.00	0.00
Depreciation Expense	33	36	43	51	57	91	114	115	116	129	149
Amortization Expense	64	58	94	132	101	202	202	178	174	148	189
Non-Cash Adjustments To Reconcile Net Income	158	50	64	117	60	91	107	29	105	227	284
Changes in Operating Assets and Liabilities, net	19	-24	-105	-104	-152	-210	137	-90	-313	-428	-292
Net Cash From Investing Activities	-346	-1,679	-1,443	-287	-684	-3,889	799	-785	-553	-900	-2,441
Net Cash From Continuing Investing Activities	-346	-1,679	-1,443	-287	-684	-3,889	799	-785	-553	-900	-2,441
Purchase of Property, Plant & Equipment	-34	-55	-44	-71	-73	-102	-105	-105	-119	-139	-165
Acquisitions	-312	-1,624	-1,399	-216	-668	-3,976	0.00	-963	-437	-762	-2,347
Divestitures	-	-	-	-	57	189	904	259	3.00	1.00	71
Net Cash From Financing Activities	-1,585	993	1,632	-1,444	1,086	2,271	1,230	-70	-2,148	-16	3,171
Net Cash From Continuing Financing Activities	-1,585	993	1,632	-1,444	1,086	2,271	1,230	-70	-2,148	-16	3,171
Repayment of Debt	-0.03	-1,027	-838	-1,831	-12,185	-628	-1,253	-2,257	-277	-6,431	-1,988
Repurchase of Common Equity	-160	0.00	-208	-390	0.00	0.00	-19	0.00	-912	0.00	0.00
Payment of Dividends	-1,451	-3.37	-3.00	-2,582	-56	-1,712	-1,928	-73	-1,091	-38	-2,038
Issuance of Debt	0.00	1,961	2,651	3,338	13,269	4,529	4,314	2,132	0.00	6,238	6,952
Other Financing Activities, net	27	62	30	21	58	82	116	128	132	215	245
Other Net Changes in Cash	-	-	-	-	-	-	8.00	12	-33	12	14
Cash Interest Paid	-	-	449	588	635	878	923	1,008	1,057	1,160	1,158
Cash Income Taxes Paid	-	127	183	185	129	215	223	83	220	260	539

This table details how cash moves in and out of Transdigm Group's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	12/31/2022	4/1/2023	7/1/2023	9/30/2023	12/30/2023	3/30/2024	6/29/2024	9/30/2024	12/28/2024	3/29/2025	6/28/2025
Net Change in Cash & Equivalents	287	1,230	-1,447	401	663	703	-1,478	2,901	-3,802	-33	366
Net Cash From Operating Activities	377	130	406	462	636	229	608	572	752	148	631
Net Cash From Continuing Operating Activities	377	130	406	462	636	229	608	572	752	148	631
Net Income / (Loss) Continuing Operations	229	304	352	414	382	404	462	467	493	479	493
Consolidated Net Income / (Loss)	229	304	352	414	382	404	462	467	493	479	493
Depreciation Expense	29	32	32	36	36	35	37	41	40	41	40
Amortization Expense	45	26	40	37	42	38	46	63	47	77	63
Non-Cash Adjustments To Reconcile Net Income	45	63	85	34	65	79	65	75	-14	28	73
Changes in Operating Assets and Liabilities, net	29	-295	-103	-59	111	-327	-2.00	-74	186	-477	-38
Net Cash From Investing Activities	-41	-35	-776	-48	-50	-121	-1,568	-702	-24	-167	-158
Net Cash From Continuing Investing Activities	-41	-35	-776	-48	-50	-121	-1,568	-702	-24	-167	-158
Purchase of Property, Plant & Equipment	-31	-35	-36	-37	-36	-48	-40	-41	-42	-56	-58
Acquisitions	-10	-	-740	-12	-14	-73	-1,599	-661	-29	-111	-99
Divestitures	-	-	-	1.00	0.00	-	-	-	47	-	-1.00
Net Cash From Financing Activities	-65	1,133	-1,079	-5.00	67	601	-516	3,019	-4,516	-24	-129
Net Cash From Continuing Financing Activities	-65	1,133	-1,079	-5.00	67	601	-516	3,019	-4,516	-24	-129
Repayment of Debt	-1,744	-5,570	5,094	-4,211	-18	-6,116	2,124	2,022	-2.00	-25	-2,671
Repurchase of Common Equity	-	-	-	-	0.00	-	-	-	-316	-53	-131
Issuance of Debt	1,690	6,611	-6,233	4,170	2,071	6,604	-2,688	965	163	-	2,615
Other Financing Activities, net	27	92	60	36	52	113	48	32	35	54	58
Other Net Changes in Cash	16	-	-	-	-	-	-	-	-	-	22
Cash Interest Paid	272	273	263	352	205	340	232	381	162	435	311
Cash Income Taxes Paid	-2.00	156	77	29	11	339	122	67	37	335	132

This table presents Transdigm Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	9/30/2014	9/30/2015	9/30/2016	9/30/2017	9/30/2018	9/30/2019	9/30/2020	9/30/2021	9/30/2022	9/30/2023	9/30/2024
Total Assets	6,757	8,304	10,726	9,976	12,197	16,255	18,395	19,315	18,107	19,970	25,586
Total Current Assets	1,690	1,787	2,931	2,134	3,657	4,865	6,960	7,030	5,649	6,738	10,029
Cash & Equivalents	820	714	1,587	651	2,073	1,467	4,717	4,787	3,001	3,472	6,261
Accounts Receivable	351	444	576	636	704	1,068	720	791	967	1,230	1,381
Inventories, net	459	591	724	731	805	1,233	1,283	1,185	1,332	1,616	1,876
Prepaid Expenses	22	37	43	39	75	135	240	267	349	420	511
Plant, Property, & Equipment, net	212	261	311	325	388	757	752	770	807	1,255	1,488
Total Noncurrent Assets	4,855	6,257	7,485	7,517	8,152	10,633	10,683	11,515	11,651	11,977	14,069
Goodwill	3,525	4,686	5,679	5,745	6,223	7,820	7,889	8,568	8,641	8,988	10,419
Intangible Assets	1,217	1,540	1,764	1,718	1,788	2,744	2,610	2,791	2,750	2,747	3,446
Other Noncurrent Operating Assets	113	31	41	54	140	69	167	156	260	242	204
Total Liabilities & Shareholders' Equity	6,757	8,304	10,726	9,976	12,197	16,255	18,395	19,315	18,107	19,970	25,586
Total Liabilities	8,313	9,342	11,378	12,927	14,006	19,139	22,363	22,225	21,873	21,948	31,869
Total Current Liabilities	586	658	753	871	900	1,538	1,616	1,663	1,426	1,579	6,339
Short-Term Debt	239	243	252	369	375	430	625	626	426	420	584
Accounts Payable	116	143	156	149	174	276	218	227	279	305	323
Accrued Expenses	231	272	344	336	351	675	773	810	721	854	1,216
Dividends Payable	-	-	-	-	-	-	-	-	-	0.00	4,216
Total Noncurrent Liabilities	7,727	8,685	10,625	12,056	13,106	17,601	20,747	20,562	20,447	20,369	25,530
Long-Term Debt	7,234	8,106	9,943	11,394	12,502	16,469	19,384	19,372	19,369	19,330	24,296
Noncurrent Deferred & Payable Income Tax Liabilities	402	405	492	501	399	441	430	485	596	627	766
Other Noncurrent Operating Liabilities	91	173	190	161	204	691	933	705	482	412	468
Total Equity & Noncontrolling Interests	-1,556	-1,038	-651	-2,951	-1,808	-2,884	-3,968	-2,910	-3,766	-1,978	-6,283
Total Preferred & Common Equity	-1,556	-1,038	-651	-2,951	-1,808	-2,894	-3,972	-2,916	-3,773	-1,984	-6,290
Total Common Equity	-1,556	-1,038	-651	-2,951	-1,808	-2,894	-3,972	-2,916	-3,773	-1,984	-6,290
Common Stock	795	951	1,030	1,096	1,209	1,380	1,582	1,831	2,114	2,441	2,820
Retained Earnings	-2,150	-1,717	-1,147	-3,187	-2,247	-3,120	-4,359	-3,705	-3,914	-2,621	-7,362
Treasury Stock	-176	-176	-384	-775	-775	-775	-794	-794	-1,706	-1,706	-1,706
Accumulated Other Comprehensive Income / (Loss)	-25	-96	-150	-85	4.10	-379	-401	-248	-267	-98	-42
Noncontrolling Interest	-	-	-	-	0.00	10	4.00	6.00	7.00	6.00	7.00

This table presents Transdigm Group's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	12/31/2022	4/1/2023	7/1/2023	9/30/2023	12/30/2023	3/30/2024	6/29/2024	9/30/2024	12/28/2024	3/29/2025	6/28/2025
Total Assets	18,489	20,008	19,555	19,970	20,685	21,577	21,828	25,586	21,515	21,905	22,700
Total Current Assets	5,929	7,456	6,252	6,738	7,396	8,282	7,061	10,029	6,156	6,408	6,915
Cash & Equivalents	3,288	3,418	3,071	3,472	4,135	4,288	3,360	6,261	2,459	2,426	2,792
Accounts Receivable	860	1,018	1,159	1,230	1,145	1,201	1,300	1,381	1,285	1,442	1,518
Inventories, net	1,439	1,529	1,603	1,616	1,708	1,753	1,878	1,876	1,930	2,010	2,083
Prepaid Expenses	342	391	419	420	408	490	523	511	482	530	522
Plant, Property, & Equipment, net	864	872	983	1,255	1,335	1,288	1,431	1,488	1,477	1,519	1,540
Total Noncurrent Assets	11,696	11,680	12,320	11,977	11,954	12,007	13,336	14,069	13,882	13,978	14,245
Goodwill	8,719	8,743	9,141	8,988	9,036	9,051	10,018	10,419	10,304	10,355	10,548
Intangible Assets	2,750	2,725	2,945	2,747	2,733	2,709	3,116	3,446	3,360	3,422	3,462
Other Noncurrent Operating Assets	227	212	234	242	185	247	202	204	218	201	235
Total Liabilities & Shareholders' Equity	18,489	20,008	19,555	19,970	20,685	21,577	21,828	25,586	21,515	21,905	22,700
Total Liabilities	21,817	22,901	21,942	21,948	24,191	24,599	24,338	31,869	27,766	27,569	27,696
Total Current Liabilities	1,408	2,522	1,533	1,579	1,818	2,235	1,851	6,339	2,284	2,074	2,211
Short-Term Debt	428	1,512	417	420	530	1,075	528	584	747	743	744
Accounts Payable	271	292	292	305	288	302	320	323	315	319	328
Accrued Expenses	709	718	824	854	1,000	858	1,003	1,216	1,222	1,012	1,139
Dividends Payable	-	-	-	0.00	-	-	-	4,216	0.00	0.00	0.00
Total Noncurrent Liabilities	20,409	20,379	20,409	20,369	22,373	22,364	22,487	25,530	25,482	25,495	25,485
Long-Term Debt	19,375	19,349	19,348	19,330	21,346	21,331	21,364	24,296	24,302	24,306	24,268
Noncurrent Deferred & Payable Income Tax Liabilities	607	599	619	627	611	606	708	766	762	761	766
Other Noncurrent Operating Liabilities	427	431	442	412	416	427	415	468	418	428	451
Total Equity & Noncontrolling Interests	-3,328	-2,893	-2,387	-1,978	-3,506	-3,022	-2,510	-6,283	-6,251	-5,664	-4,996
Total Preferred & Common Equity	-3,336	-2,901	-2,394	-1,984	-3,513	-3,029	-2,518	-6,290	-6,258	-5,671	-5,004
Total Common Equity	-3,336	-2,901	-2,394	-1,984	-3,513	-3,029	-2,518	-6,290	-6,258	-5,671	-5,004
Common Stock	2,165	2,285	2,376	2,441	2,519	2,665	2,750	2,820	2,888	2,982	3,078
Retained Earnings	-3,687	-3,384	-3,034	-2,621	-4,266	-3,870	-3,416	-7,362	-6,877	-6,407	-5,924
Treasury Stock	-1,706	-1,706	-1,706	-1,706	-1,706	-1,706	-1,706	-1,706	-2,022	-2,075	-2,206
Accumulated Other Comprehensive Income / (Loss)	-108	-96	-30	-98	-60	-118	-146	-42	-247	-171	48
Noncontrolling Interest	8.00	8.00	7.00	6.00	7.00	7.00	8.00	7.00	7.00	7.00	8.00

This table displays calculated financial ratios and metrics derived from Transdigm Group's official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	9/30/2014	9/30/2015	9/30/2016	9/30/2017	9/30/2018	9/30/2019	9/30/2020	9/30/2021	9/30/2022	9/30/2023	9/30/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	23.31%	14.08%	17.15%	10.50%	8.75%	37.05%	-2.30%	-5.98%	13.15%	21.29%	20.58%
EBITDA Growth	22.67%	14.01%	20.38%	18.28%	9.05%	22.34%	-4.73%	-0.43%	18.54%	28.83%	21.29%
EBIT Growth	23.80%	15.76%	18.04%	16.73%	11.84%	16.31%	-6.65%	0.78%	21.70%	33.21%	21.22%
NOPAT Growth	25.48%	18.79%	28.33%	14.99%	45.08%	-5.63%	1.40%	4.24%	5.68%	30.00%	23.56%
Net Income Growth	1.36%	45.71%	31.13%	1.79%	60.33%	-6.79%	-21.52%	-2.71%	27.31%	49.83%	32.02%
EPS Growth	32.22%	148.10%	32.53%	-24.16%	105.58%	-14.57%	-35.26%	16.18%	28.72%	64.40%	16.30%
Operating Cash Flow Growth	34.21%	-56.07%	469.92%	15.43%	29.57%	-0.68%	19.51%	-24.73%	3.83%	45.04%	48.73%
Free Cash Flow Firm Growth	251.96%	-352.85%	47.42%	347.30%	-25.77%	-270.01%	260.54%	-67.74%	53.89%	-3.52%	-48.77%
Invested Capital Growth	7.15%	29.42%	20.61%	1.80%	11.05%	30.54%	-3.57%	8.63%	5.91%	9.76%	15.75%
Revenue Q/Q Growth	4.51%	6.60%	2.11%	1.41%	3.40%	10.39%	-6.73%	2.24%	4.46%	5.48%	4.39%
EBITDA Q/Q Growth	3.87%	5.07%	4.70%	5.83%	0.77%	7.80%	-9.93%	13.12%	1.88%	7.14%	2.39%
EBIT Q/Q Growth	6.05%	5.33%	2.92%	4.15%	2.76%	8.85%	-12.89%	12.69%	4.31%	7.94%	2.71%
NOPAT Q/Q Growth	7.90%	5.51%	3.96%	4.48%	4.18%	11.69%	-10.62%	-3.76%	4.91%	8.60%	3.17%
Net Income Q/Q Growth	10.93%	6.53%	2.27%	-0.20%	-12.92%	60.88%	-27.61%	22.92%	6.91%	12.96%	3.25%
EPS Q/Q Growth	203.85%	8.44%	2.57%	-12.74%	18.25%	3.83%	-26.26%	0.00%	0.00%	17.62%	-5.25%
Operating Cash Flow Q/Q Growth	9,088.22%	-60.89%	36.18%	165.23%	-26.12%	-7.65%	-2.02%	7.92%	-1.66%	15.94%	5.68%
Free Cash Flow Firm Q/Q Growth	-13.09%	-51.49%	23.91%	70.15%	-13.96%	51.93%	-39.88%	-0.29%	3.91%	23.21%	-48.46%
Invested Capital Q/Q Growth	0.39%	4.98%	2.93%	-1.53%	0.63%	-8.61%	0.11%	-0.39%	-0.04%	-0.05%	3.31%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	53.43%	53.56%	54.49%	56.63%	57.12%	53.78%	51.87%	52.38%	57.08%	58.34%	58.84%
EBITDA Margin	43.16%	43.13%	44.32%	47.44%	47.57%	42.47%	41.41%	43.85%	45.94%	48.79%	49.08%
Operating Margin	39.10%	39.67%	39.97%	42.32%	43.43%	36.88%	34.31%	35.24%	40.80%	44.39%	44.47%
EBIT Margin	39.10%	39.67%	39.97%	42.23%	43.43%	36.86%	35.21%	37.74%	40.60%	44.59%	44.82%
Profit (Net Income) Margin	12.93%	16.52%	18.49%	17.03%	25.11%	17.08%	13.72%	14.19%	15.97%	19.73%	21.60%
Tax Burden Percent	68.43%	70.23%	76.34%	71.28%	97.06%	83.91%	94.59%	95.24%	76.93%	75.70%	77.43%
Interest Burden Percent	48.34%	59.29%	60.59%	56.59%	59.58%	55.22%	41.18%	39.48%	51.13%	58.45%	62.24%
Effective Tax Rate	31.57%	29.77%	23.66%	24.94%	2.43%	20.88%	11.76%	4.76%	23.16%	24.30%	22.57%
Return on Invested Capital (ROIC)	12.88%	12.90%	13.30%	13.86%	18.89%	14.69%	13.40%	13.63%	13.44%	16.19%	17.72%
ROIC Less NNEP Spread (ROIC-NNEP)	7.30%	8.60%	8.60%	8.61%	12.87%	9.73%	7.75%	7.54%	8.22%	10.67%	12.51%
Return on Net Nonoperating Assets (RNNOA)	-45.32%	-47.37%	-82.71%	-47.00%	-59.10%	-52.71%	-33.83%	-33.44%	-39.41%	-61.42%	-59.24%
Return on Equity (ROE)	-32.43%	-34.48%	-69.41%	-33.14%	-40.21%	-38.02%	-20.43%	-19.80%	-25.97%	-45.23%	-41.52%
Cash Return on Invested Capital (CROIC)	5.98%	-12.75%	-5.39%	12.07%	8.42%	-11.80%	17.03%	5.36%	7.70%	6.88%	3.12%
Operating Return on Assets (OROA)	14.38%	14.26%	13.32%	14.30%	14.93%	13.53%	10.37%	9.60%	11.78%	15.42%	15.62%
Return on Assets (ROA)	4.76%	5.94%	6.16%	5.77%	8.63%	6.27%	4.04%	3.61%	4.63%	6.82%	7.53%
Return on Common Equity (ROCE)	-32.43%	-34.48%	-69.41%	-33.14%	-40.21%	-38.10%	-20.47%	-19.83%	-26.02%	-45.33%	-41.59%
Return on Equity Simple (ROE_SIMPLE)	-19.72%	-43.07%	-90.01%	-20.23%	-52.92%	-30.82%	-17.62%	-23.35%	-22.98%	-65.47%	-27.27%
Net Operating Profit after Tax (NOPAT)	635	754	968	1,113	1,615	1,524	1,545	1,611	1,702	2,213	2,734
NOPAT Margin	26.76%	27.86%	30.52%	31.76%	42.37%	29.17%	30.28%	33.57%	31.35%	33.60%	34.43%
Net Nonoperating Expense Percent (NNEP)	5.58%	4.30%	4.70%	5.25%	6.02%	4.97%	5.65%	6.10%	5.22%	5.53%	5.21%
Cost of Revenue to Revenue	46.57%	46.44%	45.51%	43.37%	42.88%	46.22%	48.13%	47.62%	42.92%	41.66%	41.16%
SG&A Expenses to Revenue	11.65%	11.88%	12.07%	11.77%	11.81%	14.32%	14.25%	14.28%	13.78%	11.85%	12.34%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	14.33%	13.88%	14.51%	14.32%	13.70%	16.91%	17.56%	17.13%	16.28%	13.96%	14.37%
Earnings before Interest and Taxes (EBIT)	928	1,074	1,268	1,480	1,655	1,925	1,797	1,811	2,204	2,936	3,559
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1,024	1,168	1,406	1,663	1,813	2,218	2,113	2,104	2,494	3,213	3,897
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	2.89	2.96	3.42	3.17	4.31	4.71	4.73	6.73	4.79	6.45	9.55
Price to Earnings (P/E)	22.32	17.93	18.61	18.62	17.15	27.67	34.56	47.47	30.03	32.75	44.25
Dividend Yield	36.16%	0.00%	0.00%	21.48%	0.00%	6.50%	14.03%	0.00%	3.86%	0.00%	2.59%
Earnings Yield	4.48%	5.58%	5.37%	5.37%	5.83%	3.61%	2.89%	2.11%	3.33%	3.05%	2.26%
Enterprise Value to Invested Capital (EV/IC)	2.65	2.37	2.45	2.74	3.03	3.41	3.48	3.86	3.29	4.11	5.71
Enterprise Value to Revenue (EV/Rev)	5.69	5.78	6.14	6.34	7.14	7.67	7.73	9.90	7.88	8.93	11.90
Enterprise Value to EBITDA (EV/EBITDA)	13.19	13.41	13.85	13.37	15.01	18.06	18.67	22.58	17.16	18.30	24.24
Enterprise Value to EBIT (EV/EBIT)	14.56	14.58	15.36	15.02	16.44	20.81	21.95	26.23	19.42	20.02	26.54
Enterprise Value to NOPAT (EV/NOPAT)	21.27	20.76	20.12	19.97	16.85	26.30	25.53	29.49	25.15	26.57	34.56
Enterprise Value to Operating Cash Flow (EV/OCF)	49.49	130.57	28.49	28.18	26.63	39.48	32.52	52.03	45.15	42.76	46.20
Enterprise Value to Free Cash Flow (EV/FCFF)	45.80	0.00	0.00	22.93	37.82	0.00	20.09	74.97	43.90	62.50	196.03
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	-4.80	-8.04	-15.65	-3.99	-7.12	-5.86	-5.04	-6.87	-5.26	-9.98	-3.96
Long-Term Debt to Equity	-4.65	-7.81	-15.26	-3.86	-6.91	-5.71	-4.89	-6.66	-5.14	-9.77	-3.87
Financial Leverage	-6.21	-5.51	-9.61	-5.46	-4.59	-5.42	-4.37	-4.43	-4.79	-5.76	-4.73
Leverage Ratio	-6.82	-5.81	-11.26	-5.75	-4.66	-6.06	-5.06	-5.48	-5.61	-6.63	-5.51
Compound Leverage Factor	-3.30	-3.44	-6.82	-3.25	-2.78	-3.35	-2.08	-2.16	-2.87	-3.87	-3.43
Debt to Total Capital	126.30%	114.20%	106.83%	133.49%	116.34%	120.58%	124.74%	117.03%	123.49%	111.13%	133.79%
Short-Term Debt to Total Capital	4.04%	3.33%	2.64%	4.19%	3.39%	3.07%	3.90%	3.66%	2.66%	2.36%	3.14%
Long-Term Debt to Total Capital	122.25%	110.87%	104.18%	129.30%	112.95%	117.51%	120.84%	113.37%	120.84%	108.77%	130.64%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.07%	0.02%	0.04%	0.04%	0.03%	0.04%
Common Equity to Total Capital	-26.30%	-14.20%	-6.83%	-33.49%	-16.34%	-20.65%	-24.76%	-17.06%	-23.54%	-11.16%	-33.82%
Debt to EBITDA	7.30	7.15	7.25	7.08	7.10	7.62	9.47	9.50	7.94	6.15	6.38
Net Debt to EBITDA	6.50	6.54	6.12	6.68	5.96	6.96	7.24	7.23	6.73	5.07	4.78
Long-Term Debt to EBITDA	7.06	6.94	7.07	6.85	6.90	7.43	9.17	9.21	7.77	6.02	6.23
Debt to NOPAT	11.77	11.07	10.53	10.57	7.98	11.09	12.95	12.42	11.63	8.93	9.10
Net Debt to NOPAT	10.48	10.12	8.89	9.98	6.69	10.13	9.90	9.44	9.87	7.36	6.81
Long-Term Debt to NOPAT	11.39	10.75	10.27	10.24	7.74	10.81	12.55	12.03	11.38	8.74	8.89
Altman Z-Score	1.05	1.14	1.35	1.06	1.48	1.46	1.26	1.49	1.39	2.10	1.97
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	-0.21%	-0.20%	-0.15%	-0.19%	-0.23%	-0.16%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.88	2.72	3.89	2.45	4.06	3.16	4.31	4.23	3.96	4.27	1.58
Quick Ratio	2.00	1.76	2.87	1.48	3.08	1.65	3.36	3.35	2.78	2.98	1.21
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	295	-746	-392	969	720	-1,223	1,964	634	975	941	482
Operating Cash Flow to CapEx	799.19%	218.50%	1,553.59%	1,110.69%	1,400.00%	995.10%	1,155.24%	869.52%	796.64%	989.21%	1,239.39%
Free Cash Flow to Firm to Interest Expense	0.62	-1.71	-0.78	1.51	1.08	-1.42	1.86	0.58	0.91	0.77	0.36
Operating Cash Flow to Interest Expense	0.57	0.27	1.37	1.23	1.53	1.18	1.15	0.83	0.88	1.13	1.52
Operating Cash Flow Less CapEx to Interest Expense	0.50	0.15	1.28	1.12	1.42	1.06	1.05	0.74	0.77	1.01	1.40
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.37	0.36	0.33	0.34	0.34	0.37	0.29	0.25	0.29	0.35	0.35
Accounts Receivable Turnover	7.40	6.81	6.22	5.78	5.69	5.89	5.71	6.35	6.18	5.99	6.08
Inventory Turnover	2.53	2.39	2.19	2.09	2.13	2.37	1.95	1.85	1.85	1.86	1.87
Fixed Asset Turnover	11.27	11.45	11.10	11.03	10.69	9.12	6.76	6.30	6.89	6.39	5.79
Accounts Payable Turnover	9.93	9.73	9.66	9.97	10.14	10.74	9.94	10.27	9.21	9.39	10.41
Days Sales Outstanding (DSO)	49.36	53.62	58.72	63.14	64.19	61.93	63.94	57.47	59.10	60.89	60.01
Days Inventory Outstanding (DIO)	144.12	152.48	166.32	174.70	171.55	154.10	186.96	197.12	197.15	196.14	195.01
Days Payable Outstanding (DPO)	36.75	37.53	37.79	36.61	36.00	33.99	36.71	35.54	39.63	38.86	35.07
Cash Conversion Cycle (CCC)	156.73	168.57	187.25	201.23	199.74	182.03	214.20	219.05	216.61	218.17	219.95
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	5,097	6,597	7,957	8,101	8,996	11,743	11,324	12,301	13,028	14,300	16,552
Invested Capital Turnover	0.48	0.46	0.44	0.44	0.45	0.50	0.44	0.41	0.43	0.48	0.51
Increase / (Decrease) in Invested Capital	340	1,500	1,360	144	895	2,747	-419	977	727	1,272	2,252
Enterprise Value (EV)	13,505	15,654	19,469	22,227	27,214	40,068	39,450	47,500	42,804	58,789	94,472
Market Capitalization	6,852	8,019	10,860	11,115	16,410	24,626	24,154	32,283	26,003	42,505	75,846
Book Value per Share	($29.52)	($19.40)	($12.23)	($56.85)	($34.36)	($54.27)	($73.28)	($52.91)	($69.57)	($35.95)	($112.10)
Tangible Book Value per Share	($119.49)	($135.70)	($151.98)	($200.62)	($186.59)	($252.36)	($266.96)	($259.02)	($279.60)	($248.61)	($359.20)
Total Capital	5,917	7,311	9,544	8,811	11,069	14,015	16,041	17,088	16,029	17,772	18,597
Total Debt	7,473	8,350	10,196	11,763	12,877	16,899	20,009	19,998	19,795	19,750	24,880
Total Long-Term Debt	7,234	8,106	9,943	11,394	12,502	16,469	19,384	19,372	19,369	19,330	24,296
Net Debt	6,654	7,636	8,609	11,112	10,804	15,432	15,292	15,211	16,794	16,278	18,619
Capital Expenditures (CapEx)	34	55	44	71	73	102	105	105	119	139	165
Debt-free, Cash-free Net Working Capital (DFCFNWC)	523	658	844	981	1,059	2,290	1,252	1,206	1,648	2,107	-1,987
Debt-free Net Working Capital (DFNWC)	1,343	1,372	2,431	1,632	3,132	3,757	5,969	5,993	4,649	5,579	4,274
Net Working Capital (NWC)	1,104	1,129	2,178	1,263	2,757	3,327	5,344	5,367	4,223	5,159	3,690
Net Nonoperating Expense (NNE)	328	307	381	516	658	632	845	930	835	914	1,019
Net Nonoperating Obligations (NNO)	6,654	7,636	8,609	11,052	10,804	14,627	15,292	15,211	16,794	16,278	22,835
Total Depreciation and Amortization (D&A)	96	94	138	183	158	293	316	293	290	277	338
Debt-free, Cash-free Net Working Capital to Revenue	22.06%	24.31%	26.60%	28.00%	27.79%	43.84%	24.53%	25.14%	30.36%	32.00%	-25.03%
Debt-free Net Working Capital to Revenue	56.60%	50.69%	76.64%	46.56%	82.19%	71.93%	116.97%	124.91%	85.63%	84.72%	53.83%
Net Working Capital to Revenue	46.51%	41.70%	68.68%	36.03%	72.34%	63.70%	104.72%	111.86%	77.79%	78.34%	46.47%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$3.16	$7.84	$10.39	$7.88	$16.20	$13.84	$8.96	$10.41	$13.40	$22.03	$25.62
Adjusted Weighted Average Basic Shares Outstanding	52.46M	53.69M	53.35M	51.96M	52.75M	53.55M	54.44M	55.25M	58.20M	57.20M	57.80M
Adjusted Diluted Earnings per Share	$3.16	$7.84	$10.39	$7.88	$16.20	$13.84	$8.96	$10.41	$13.40	$22.03	$25.62
Adjusted Weighted Average Diluted Shares Outstanding	52.46M	53.69M	53.35M	51.96M	52.75M	53.55M	54.44M	55.25M	58.20M	57.20M	57.80M
Adjusted Basic & Diluted Earnings per Share	$3.16	$7.84	$10.39	$7.88	$16.20	$13.84	$8.96	$10.41	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	56.99M	56.61M	56.16M	55.53M	55.60M	56.27M	57.30M	58.40M	54.37M	55.31M	56.23M
Normalized Net Operating Profit after Tax (NOPAT)	635	754	968	1,113	1,615	1,524	1,545	1,611	1,702	2,213	2,734
Normalized NOPAT Margin	26.76%	27.86%	30.52%	31.76%	42.37%	29.17%	30.28%	33.57%	31.35%	33.60%	34.43%
Pre Tax Income Margin	18.90%	23.52%	24.22%	23.90%	25.87%	20.35%	14.50%	14.90%	20.76%	26.06%	27.90%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.94	2.46	2.54	2.30	2.47	2.23	1.70	1.65	2.05	2.41	2.65
NOPAT to Interest Expense	1.32	1.73	1.94	1.73	2.41	1.77	1.46	1.47	1.58	1.81	2.03
EBIT Less CapEx to Interest Expense	1.86	2.33	2.45	2.19	2.36	2.11	1.60	1.56	1.94	2.29	2.53
NOPAT Less CapEx to Interest Expense	1.25	1.60	1.85	1.62	2.30	1.65	1.36	1.37	1.47	1.70	1.91
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	472.90%	0.75%	0.51%	432.50%	5.85%	191.93%	275.43%	10.72%	125.84%	2.93%	118.83%
Augmented Payout Ratio	524.99%	0.75%	35.94%	497.81%	5.85%	191.93%	278.14%	10.72%	231.03%	2.93%	118.83%

This table displays calculated financial ratios and metrics derived from Transdigm Group's official financial filings.

Metric	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	12/31/2022	4/1/2023	7/1/2023	9/30/2023	12/30/2023	3/30/2024	6/29/2024	9/30/2024	12/28/2024	3/29/2025	6/28/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	17.00%	19.97%	24.75%	22.65%	28.06%	20.54%	17.32%	18.03%	12.13%	12.04%	9.34%
EBITDA Growth	28.38%	27.97%	28.76%	29.93%	30.23%	25.30%	19.33%	13.46%	25.17%	16.10%	12.62%
EBIT Growth	29.32%	32.51%	36.32%	33.75%	33.33%	25.25%	19.70%	10.98%	26.52%	14.55%	9.60%
NOPAT Growth	16.81%	33.72%	28.07%	37.40%	37.25%	26.81%	21.71%	12.95%	25.92%	13.08%	12.78%
Net Income Growth	39.63%	52.76%	47.28%	56.23%	66.81%	32.89%	30.97%	13.04%	29.06%	18.56%	6.94%
EPS Growth	68.18%	57.40%	49.76%	83.76%	46.25%	31.02%	29.64%	-19.61%	56.47%	18.22%	6.41%
Operating Cash Flow Growth	35.13%	49.43%	31.39%	69.23%	68.70%	76.15%	49.75%	23.81%	18.24%	-35.37%	3.78%
Free Cash Flow Firm Growth	39.35%	-271.27%	-204.83%	-143.35%	-18.95%	-106.62%	-45.67%	-142.93%	-207.51%	-291.78%	60.46%
Invested Capital Growth	6.56%	5.79%	9.78%	9.76%	7.95%	8.15%	11.99%	15.75%	14.78%	16.59%	7.50%
Revenue Q/Q Growth	-7.48%	13.96%	9.55%	6.19%	-3.40%	7.27%	6.62%	6.84%	-8.23%	7.18%	4.05%
EBITDA Q/Q Growth	-6.99%	13.53%	14.44%	7.52%	-6.78%	9.24%	8.99%	2.23%	2.85%	3.14%	2.15%
EBIT Q/Q Growth	-7.66%	17.94%	13.63%	8.08%	-7.94%	10.79%	8.59%	0.21%	4.95%	0.30%	3.90%
NOPAT Q/Q Growth	-4.34%	18.56%	10.42%	9.71%	-4.45%	9.55%	5.98%	1.82%	6.52%	-1.62%	5.70%
Net Income Q/Q Growth	-13.58%	32.75%	15.79%	17.61%	-7.73%	5.76%	14.11%	1.52%	5.34%	-2.84%	2.92%
EPS Q/Q Growth	-15.48%	59.76%	15.41%	17.92%	-32.73%	43.12%	14.20%	-26.88%	30.93%	8.14%	2.79%
Operating Cash Flow Q/Q Growth	38.10%	-65.52%	212.31%	13.79%	37.66%	-63.99%	165.50%	-5.92%	31.47%	-80.32%	326.35%
Free Cash Flow Firm Q/Q Growth	-40.88%	43.87%	-236.75%	8.61%	31.14%	2.51%	-137.41%	-52.41%	12.83%	-24.21%	76.04%
Invested Capital Q/Q Growth	1.22%	1.99%	6.37%	-0.05%	-0.45%	2.18%	10.15%	3.31%	-1.29%	3.79%	1.56%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	56.76%	58.35%	59.00%	58.91%	58.24%	60.03%	59.63%	57.55%	61.57%	59.26%	59.54%
EBITDA Margin	47.60%	47.42%	49.54%	50.16%	48.41%	49.30%	50.39%	48.22%	54.04%	52.00%	51.05%
Operating Margin	42.23%	43.66%	44.90%	46.17%	43.99%	45.18%	45.65%	43.14%	48.55%	46.09%	46.45%
EBIT Margin	42.30%	43.78%	45.41%	46.22%	44.05%	45.49%	46.33%	43.46%	49.70%	46.51%	46.45%
Profit (Net Income) Margin	16.39%	19.10%	20.18%	22.35%	21.35%	21.05%	22.53%	21.41%	24.58%	22.28%	22.04%
Tax Burden Percent	76.08%	76.57%	75.05%	75.41%	78.28%	77.84%	76.58%	77.23%	79.64%	77.01%	77.64%
Interest Burden Percent	50.93%	56.96%	59.22%	64.14%	61.93%	59.45%	63.50%	63.79%	62.09%	62.20%	61.12%
Effective Tax Rate	23.92%	23.43%	24.95%	24.59%	21.72%	22.16%	23.42%	22.77%	20.36%	22.99%	22.36%
Return on Invested Capital (ROIC)	14.16%	15.07%	15.39%	16.78%	17.52%	18.35%	17.53%	17.15%	20.63%	18.90%	18.61%
ROIC Less NNEP Spread (ROIC-NNEP)	12.76%	13.64%	13.95%	15.38%	16.16%	16.75%	16.09%	15.82%	19.23%	17.49%	17.07%
Return on Net Nonoperating Assets (RNNOA)	-67.56%	-75.32%	-85.16%	-88.57%	-80.99%	-96.05%	-115.74%	-74.89%	-79.50%	-80.91%	-92.68%
Return on Equity (ROE)	-53.40%	-60.25%	-69.77%	-71.79%	-63.46%	-77.70%	-98.21%	-57.74%	-58.86%	-62.01%	-74.07%
Cash Return on Invested Capital (CROIC)	7.52%	8.96%	5.59%	6.88%	9.72%	10.19%	6.17%	3.12%	5.17%	3.61%	11.26%
Operating Return on Assets (OROA)	12.63%	13.29%	14.78%	15.99%	15.69%	15.98%	17.03%	15.15%	19.21%	17.94%	17.90%
Return on Assets (ROA)	4.89%	5.80%	6.57%	7.73%	7.61%	7.40%	8.28%	7.46%	9.50%	8.60%	8.49%
Return on Common Equity (ROCE)	-53.54%	-60.40%	-69.96%	-71.95%	-63.60%	-77.89%	-98.51%	-57.83%	-58.95%	-62.11%	-74.23%
Return on Equity Simple (ROE_SIMPLE)	-27.94%	-35.75%	-48.04%	0.00%	-41.33%	-51.24%	-65.97%	0.00%	-29.18%	-33.52%	0.00%
Net Operating Profit after Tax (NOPAT)	449	532	588	645	616	675	715	728	776	763	807
NOPAT Margin	32.13%	33.43%	33.70%	34.81%	34.44%	35.17%	34.96%	33.31%	38.67%	35.50%	36.06%
Net Nonoperating Expense Percent (NNEP)	1.40%	1.43%	1.44%	1.40%	1.37%	1.60%	1.44%	1.33%	1.40%	1.41%	1.54%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	3.35%	-	-	-	4.13%	3.94%	4.03%
Cost of Revenue to Revenue	43.24%	41.65%	41.00%	41.09%	41.76%	39.97%	40.37%	42.45%	38.43%	40.74%	40.46%
SG&A Expenses to Revenue	12.10%	12.50%	11.98%	10.96%	12.30%	12.92%	12.12%	12.08%	10.52%	10.98%	10.82%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	14.53%	14.70%	14.11%	12.74%	14.25%	14.85%	13.98%	14.41%	13.01%	13.16%	13.10%
Earnings before Interest and Taxes (EBIT)	591	697	792	856	788	873	948	950	997	1,000	1,039
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	665	755	864	929	866	946	1,031	1,054	1,084	1,118	1,142
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	5.86	6.58	7.59	6.45	7.60	9.38	9.40	9.55	8.90	9.21	9.82
Price to Earnings (P/E)	35.47	37.47	41.23	32.75	36.50	44.16	43.04	44.25	39.77	40.63	43.58
Dividend Yield	3.05%	2.60%	2.15%	0.00%	3.65%	2.84%	2.74%	2.59%	8.52%	7.99%	7.34%
Earnings Yield	2.82%	2.67%	2.43%	3.05%	2.74%	2.26%	2.32%	2.26%	2.51%	2.46%	2.29%
Enterprise Value to Invested Capital (EV/IC)	3.76	4.10	4.48	4.11	4.97	5.92	5.62	5.71	5.83	5.89	6.18
Enterprise Value to Revenue (EV/Rev)	8.80	9.35	10.26	8.93	10.14	11.78	11.84	11.90	11.67	11.91	12.41
Enterprise Value to EBITDA (EV/EBITDA)	18.76	19.66	21.37	18.30	20.72	23.65	23.66	24.24	23.13	23.39	24.20
Enterprise Value to EBIT (EV/EBIT)	21.19	21.99	23.56	20.02	22.58	26.01	25.98	26.54	25.26	25.64	26.70
Enterprise Value to NOPAT (EV/NOPAT)	27.94	28.91	31.45	26.57	29.72	34.11	33.97	34.56	32.89	33.49	34.62
Enterprise Value to Operating Cash Flow (EV/OCF)	47.37	50.66	54.03	42.76	43.30	49.66	46.53	46.20	44.05	48.01	50.61
Enterprise Value to Free Cash Flow (EV/FCFF)	51.53	47.05	83.92	62.50	53.09	60.31	96.29	196.03	120.50	175.43	56.86
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	-5.95	-7.21	-8.28	-9.98	-6.24	-7.41	-8.72	-3.96	-4.01	-4.42	-5.01
Long-Term Debt to Equity	-5.82	-6.69	-8.11	-9.77	-6.09	-7.06	-8.51	-3.87	-3.89	-4.29	-4.86
Financial Leverage	-5.29	-5.52	-6.11	-5.76	-5.01	-5.73	-7.19	-4.73	-4.13	-4.63	-5.43
Leverage Ratio	-6.34	-6.71	-7.17	-6.63	-5.73	-7.03	-8.45	-5.51	-4.33	-5.01	-5.93
Compound Leverage Factor	-3.23	-3.82	-4.24	-4.25	-3.55	-4.18	-5.37	-3.52	-2.69	-3.11	-3.63
Debt to Total Capital	120.20%	116.10%	113.74%	111.13%	119.09%	115.59%	112.95%	133.79%	133.25%	129.22%	124.96%
Short-Term Debt to Total Capital	2.60%	8.42%	2.40%	2.36%	2.89%	5.55%	2.72%	3.14%	3.97%	3.83%	3.72%
Long-Term Debt to Total Capital	117.60%	107.69%	111.34%	108.77%	116.20%	110.04%	110.23%	130.64%	129.28%	125.39%	121.24%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.05%	0.04%	0.04%	0.03%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%
Common Equity to Total Capital	-20.25%	-16.15%	-13.78%	-11.16%	-19.12%	-15.63%	-12.99%	-33.82%	-33.29%	-29.25%	-25.00%
Debt to EBITDA	7.50	7.43	6.59	6.15	6.41	6.16	5.75	6.38	6.09	5.87	5.69
Net Debt to EBITDA	6.25	5.82	5.57	5.07	5.20	4.83	4.87	4.78	5.49	5.30	5.05
Long-Term Debt to EBITDA	7.34	6.90	6.45	6.02	6.25	5.86	5.61	6.23	5.91	5.69	5.52
Debt to NOPAT	11.17	10.93	9.70	8.93	9.19	8.88	8.26	9.10	8.66	8.40	8.14
Net Debt to NOPAT	9.31	8.56	8.19	7.36	7.45	6.96	6.99	6.81	7.81	7.59	7.23
Long-Term Debt to NOPAT	10.93	10.14	9.50	8.74	8.97	8.45	8.06	8.89	8.40	8.15	7.89
Altman Z-Score	1.33	1.49	1.82	1.76	1.81	2.23	2.32	1.63	1.87	2.04	2.24
Noncontrolling Interest Sharing Ratio	-0.25%	-0.24%	-0.28%	-0.23%	-0.22%	-0.25%	-0.31%	-0.16%	-0.14%	-0.16%	-0.21%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	4.21	2.96	4.08	4.27	4.07	3.71	3.81	1.58	2.70	3.09	3.13
Quick Ratio	2.95	1.76	2.76	2.98	2.90	2.46	2.52	1.21	1.64	1.87	1.95
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-363	-204	-686	-627	-432	-421	-1,000	-1,524	-1,328	-1,650	-395
Operating Cash Flow to CapEx	1,216.13%	371.43%	1,127.78%	1,248.65%	1,766.67%	477.08%	1,520.00%	1,395.12%	1,790.48%	264.29%	1,087.93%
Free Cash Flow to Firm to Interest Expense	-1.25	-0.68	-2.12	-2.04	-1.44	-1.19	-2.89	-4.43	-3.51	-4.36	-0.98
Operating Cash Flow to Interest Expense	1.30	0.43	1.26	1.50	2.12	0.65	1.76	1.66	1.99	0.39	1.56
Operating Cash Flow Less CapEx to Interest Expense	1.19	0.32	1.15	1.38	2.00	0.51	1.64	1.54	1.88	0.24	1.42
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.30	0.30	0.33	0.35	0.36	0.35	0.37	0.35	0.39	0.39	0.39
Accounts Receivable Turnover	7.35	6.51	6.11	5.99	6.96	6.58	6.19	6.08	6.71	6.35	6.09
Inventory Turnover	1.81	1.78	1.78	1.86	1.83	1.82	1.78	1.87	1.81	1.81	1.76
Fixed Asset Turnover	6.79	7.01	6.95	6.39	6.35	6.76	6.30	5.79	5.80	5.98	5.78
Accounts Payable Turnover	9.94	9.33	9.65	9.39	10.33	10.07	10.13	10.41	10.92	10.95	10.74
Days Sales Outstanding (DSO)	49.68	56.08	59.69	60.89	52.45	55.44	59.00	60.01	54.37	57.50	59.95
Days Inventory Outstanding (DIO)	201.73	204.49	204.70	196.14	199.00	200.32	204.86	195.01	201.68	201.93	207.72
Days Payable Outstanding (DPO)	36.71	39.11	37.82	38.86	35.35	36.26	36.02	35.07	33.43	33.32	33.98
Cash Conversion Cycle (CCC)	214.69	221.46	226.58	218.17	216.10	219.51	227.85	219.95	222.62	226.11	233.69
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	13,187	13,450	14,307	14,300	14,235	14,546	16,022	16,552	16,339	16,959	17,224
Invested Capital Turnover	0.44	0.45	0.46	0.48	0.51	0.52	0.50	0.51	0.53	0.53	0.52
Increase / (Decrease) in Invested Capital	812	736	1,274	1,272	1,048	1,096	1,715	2,252	2,104	2,413	1,202
Enterprise Value (EV)	49,546	55,165	64,074	58,789	70,746	86,060	90,033	94,472	95,185	99,870	106,432
Market Capitalization	33,023	38,814	47,373	42,505	52,998	68,485	71,493	75,846	72,588	77,240	84,204
Book Value per Share	($61.35)	($53.13)	($43.58)	($35.95)	($63.51)	($54.47)	($45.00)	($112.10)	($111.29)	($101.12)	($89.09)
Tangible Book Value per Share	($272.28)	($263.18)	($263.62)	($248.61)	($276.28)	($265.96)	($279.71)	($359.20)	($354.29)	($346.76)	($338.53)
Total Capital	16,475	17,968	17,378	17,772	18,370	19,384	19,382	18,597	18,798	19,385	20,016
Total Debt	19,803	20,861	19,765	19,750	21,876	22,406	21,892	24,880	25,049	25,049	25,012
Total Long-Term Debt	19,375	19,349	19,348	19,330	21,346	21,331	21,364	24,296	24,302	24,306	24,268
Net Debt	16,515	16,343	16,694	16,278	17,741	17,568	18,532	18,619	22,590	22,623	22,220
Capital Expenditures (CapEx)	31	35	36	37	36	48	40	41	42	56	58
Debt-free, Cash-free Net Working Capital (DFCFNWC)	1,661	1,928	2,065	2,107	1,973	2,284	2,378	-1,987	2,160	2,651	2,656
Debt-free Net Working Capital (DFNWC)	4,949	6,446	5,136	5,579	6,108	7,122	5,738	4,274	4,619	5,077	5,448
Net Working Capital (NWC)	4,521	4,934	4,719	5,159	5,578	6,047	5,210	3,690	3,872	4,334	4,704
Net Nonoperating Expense (NNE)	220	228	236	231	234	271	254	260	283	284	314
Net Nonoperating Obligations (NNO)	16,515	16,343	16,694	16,278	17,741	17,568	18,532	22,835	22,590	22,623	22,220
Total Depreciation and Amortization (D&A)	74	58	72	73	78	73	83	104	87	118	103
Debt-free, Cash-free Net Working Capital to Revenue	29.49%	32.69%	33.08%	32.00%	28.28%	31.27%	31.26%	-25.03%	26.48%	31.60%	30.96%
Debt-free Net Working Capital to Revenue	87.87%	109.31%	82.27%	84.72%	87.54%	97.51%	75.44%	53.83%	56.63%	60.53%	63.50%
Net Working Capital to Revenue	80.27%	83.67%	75.59%	78.34%	79.95%	82.79%	68.50%	46.47%	47.47%	51.67%	54.83%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$3.33	$5.32	$6.14	$7.24	$4.87	$6.97	$7.96	$5.82	$7.62	$8.24	$8.47
Adjusted Weighted Average Basic Shares Outstanding	57.10M	57.10M	57.20M	57.20M	57.70M	57.80M	57.90M	57.80M	58.30M	58.10M	58.10M
Adjusted Diluted Earnings per Share	$3.33	$5.32	$6.14	$7.24	$4.87	$6.97	$7.96	$5.82	$7.62	$8.24	$8.47
Adjusted Weighted Average Diluted Shares Outstanding	57.10M	57.10M	57.20M	57.20M	57.70M	57.80M	57.90M	57.80M	58.30M	58.10M	58.10M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	54.60M	54.93M	55.18M	55.31M	55.61M	55.96M	56.11M	56.23M	56.08M	56.17M	56.35M
Normalized Net Operating Profit after Tax (NOPAT)	449	532	588	645	616	675	715	728	776	763	807
Normalized NOPAT Margin	32.13%	33.43%	33.70%	34.81%	34.44%	35.17%	34.96%	33.31%	38.67%	35.50%	36.06%
Pre Tax Income Margin	21.55%	24.94%	26.89%	29.64%	27.28%	27.05%	29.42%	27.72%	30.86%	28.93%	28.39%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.04	2.32	2.45	2.79	2.63	2.47	2.74	2.76	2.64	2.65	2.57
NOPAT to Interest Expense	1.55	1.77	1.82	2.10	2.05	1.91	2.07	2.12	2.05	2.02	2.00
EBIT Less CapEx to Interest Expense	1.93	2.21	2.34	2.67	2.51	2.33	2.62	2.64	2.53	2.50	2.43
NOPAT Less CapEx to Interest Expense	1.44	1.66	1.71	1.98	1.93	1.77	1.95	2.00	1.94	1.87	1.85
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	116.20%	104.44%	94.17%	2.93%	140.36%	131.31%	122.70%	118.83%	240.74%	231.25%	227.42%
Augmented Payout Ratio	116.20%	104.44%	94.17%	2.93%	140.36%	131.31%	122.70%	118.83%	258.05%	250.66%	253.29%

Key Financial Trends

TransDigm Group (NYSE: TDG) has demonstrated strong financial growth and operational performance over the last four years through Q3 2025. Below is a summary of key trends and highlights from their income statements, cash flow statements, and balance sheets.

Revenue Growth: Operating revenue increased steadily from $1.398 billion in Q3 2022 to $2.237 billion in Q3 2025, representing substantial top-line expansion over three years.
Profitability Improvement: Net income attributable to common shareholders rose from $351 million in Q3 2022 to $492 million in Q3 2025. Correspondingly, diluted EPS improved from $6.14 to $8.47, indicating solid earnings growth on a per-share basis.
Strong Gross Profit Margins: Gross profit expanded from about $816 million in Q3 2022 to $1.332 billion in Q3 2025, reflecting effective cost management relative to revenue growth.
Robust Operating Cash Flow: Net cash from continuing operating activities surged to $631 million in Q3 2025 from $304 million in Q3 2022, highlighting strong free cash generation capacity.
Capital Expenditures and Acquisitions: The company consistently invests $30-$60 million per quarter in property, plant & equipment and regularly makes acquisitions (amounts ranging from $10 million to $1.6 billion in some quarters), indicating strategic growth initiatives.
Amortization and Depreciation: These non-cash expenses roughly remained stable, suggesting consistent investment in intangibles and assets.
Increasing Debt Load: Total liabilities have grown significantly from around $21.9 billion in Q3 2022 to nearly $27.7 billion by Q3 2025. Long-term debt comprises the majority, rising to $24.3 billion by mid-2025, which increases leverage and financial risk.
Negative Common Equity: Total common equity remains negative across all periods, reaching -$5.004 billion by Q3 2025, highlighting accumulated deficit or large treasury stock impacts, which may concern some investors.
Dividends and Share Repurchases: Dividends per share were $0 in 2025 quarters but were paid in earlier periods (e.g., $75 per share in Q4 2024). Repurchases occurred sporadically with decreasing amounts recently.
Interest Expense and Cash Interest Paid: Interest expense is substantial (~$300-$400 million per quarter), reflective of the high debt levels, impacting net income and cash flow.

Summary: TransDigm Group exhibits strong revenue and profitability growth with robust cash flow generation, supported by strategic acquisitions and capital investments. However, the company's increasing leverage, significant debt load, and negative equity position pose potential financial risks that investors should monitor. The stable-to-increasing earnings per share and strong operating cash flows are positive signs, but careful attention to debt management will be critical for sustained growth.

08/29/25 03:24 PM ETAI Generated. May Contain Errors.

Financials Breakdown Chart

Frequently Asked Questions About Transdigm Group's Financials

When does Transdigm Group's financial year end?

According to the most recent income statement we have on file, Transdigm Group's fiscal year ends in September. Their fiscal year 2024 ended on September 30, 2024.

How has Transdigm Group's net income changed over the last 10 years?

Transdigm Group's net income appears to be on an upward trend, with a most recent value of $1.72 billion in 2024, rising from $306.91 million in 2014. The previous period was $1.30 billion in 2023. Check out Transdigm Group's forecast to explore projected trends and price targets.

What is Transdigm Group's operating income?

Transdigm Group's total operating income in 2024 was $3.53 billion, based on the following breakdown:

Total Gross Profit: $4.67 billion
Total Operating Expenses: $1.14 billion

How has Transdigm Group's revenue changed over the last 10 years?

Over the last 10 years, Transdigm Group's total revenue changed from $2.37 billion in 2014 to $7.94 billion in 2024, a change of 234.6%.

How much debt does Transdigm Group have?

Transdigm Group's total liabilities were at $31.87 billion at the end of 2024, a 45.2% increase from 2023, and a 283.4% increase since 2014.

How much cash does Transdigm Group have?

In the past 10 years, Transdigm Group's cash and equivalents has ranged from $650.56 million in 2017 to $6.26 billion in 2024, and is currently $6.26 billion as of their latest financial filing in 2024.

How has Transdigm Group's book value per share changed over the last 10 years?

Over the last 10 years, Transdigm Group's book value per share changed from -29.52 in 2014 to -112.10 in 2024, a change of 279.7%.

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This page (NYSE:TDG) was last updated on 8/29/2025 by MarketBeat.com Staff

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Transdigm Group (TDG) Financials

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Transdigm Group (TDG) Financials

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