Aircraft Parts & Auxiliary Equipment, NEC · SIC 3728

TransDigm Group INC

TDG

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Latest revenue

$2.54B

as of 2026-03-28

Latest net income

$535.0M

as of 2026-03-28

Net margin

21.0%

as of 2026-03-28

Price · 5Y

+17.7% / yr 3.9 pts / yr vs S&P 500 124.9% total
Compare:

Live market

delayed ≤15 min
$1213.51
0.35%
Market cap
$67.88B
Enterprise value
$95.13B
P/E (trailing)
32.7×
Forward P/E
P/B
Dividend yield
7.4%
52-wk high
$1623.83
52-wk low
$1123.61
Beta
Shares out
55.9M

5-year trend

What this company does

AI

TransDigm designs and manufactures highly engineered aircraft components—pumps, valves, actuators, ignition systems, cockpit controls—used on nearly every commercial and military airframe flying today. The bulk of revenue comes from high-margin aftermarket sales of proprietary spare parts, where sole-source positions let it command pricing power on a roughly $29 billion debt load. The company is back in deal mode, deploying $907 million on acquisitions this quarter and signing another agreement in January 2026 for Jet Parts Engineering and Victor Sierra after last year's massive special dividend.

Generated from TDG's filing dated 2026-05-05

Key risks

AI
  • Massive leverage: $29.2B long-term debt against $9.3B stockholders' deficit; quarterly interest expense jumped 26% YoY to $475M.
  • Interest burden eroding earnings: EPS fell to $6.62 from $7.62 YoY despite 14% sales growth, as interest consumed 83% of operating income.
  • Aggressive M&A continues: $907M spent on acquisitions in Q1 plus pending Jet Parts Engineering/Victor Sierra deals, pressuring $2.5B cash balance.

Generated from TDG's filing dated 2026-05-05

Profitability

Gross margin

60.1%

2.2%

Operating margin

47.2%

6.1%

Net margin

23.5%

8.8%

Return on equity

-21.4%

21.4%

Return on assets

9.1%

35.1%

Leverage

Debt / equity

-3.37×

33.6%

Long-term debt / equity

-3.01×

22.0%

Debt / assets

142.3%

14.2%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q1 2026

2026-03-28

$2.54B+18.3%$535.0M+11.7%21.0%

Q4 2025

2025-12-27

$2.29B+13.9%$445.0M-9.7%19.5%

Q3 2025

2025-09-30

$2.44B+11.5%$610.0M+30.3%25.0%

Q2 2025

2025-06-28

$2.24B+9.3%$492.0M+6.7%22.0%

Q1 2025

2025-03-29

$2.15B+12.0%$479.0M+18.9%22.3%

Q4 2024

2024-12-28

$2.01B+12.1%$493.0M+29.1%24.6%

Q3 2024

2024-09-30

$2.19B$468.0M21.4%

Q2 2024

2024-06-29

$2.05B+17.3%$461.0M+31.3%22.5%

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Aircraft Parts & Auxiliary Equipment, NEC · SIC 3728

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Insider activity

Insider buying

$3.8M

Insider selling

$526.9M

Net activity

−$523.1M

Distinct insiders

8

Open-market trades over the last 365 days.

Recent transactions

DateInsiderTypeSharesPriceValue
2026-05-18

Nicholas W Howley

Director

Sale40$1145.16$45.8K
2026-05-18

Nicholas W Howley

Director

Sale60$1146.42$68.8K
2026-05-18

Nicholas W Howley

Director

Sale80$1150.17$92.0K
2026-05-18

Nicholas W Howley

Director

Sale80$1160.00$92.8K
2026-05-18

Nicholas W Howley

Director

Sale50$1162.94$58.1K
2026-05-18

Nicholas W Howley

Director

Sale23$1163.98$26.8K
2026-05-18

Nicholas W Howley

Director

Sale110$1165.51$128.2K
2026-05-18

Nicholas W Howley

Director

Sale586$1167.05$683.9K
2026-05-18

Nicholas W Howley

Director

Sale463$1168.33$540.9K
2026-05-18

Nicholas W Howley

Director

Sale390$1169.24$456.0K
2026-05-18

Nicholas W Howley

Director

Sale60$1170.38$70.2K
2026-05-18

Nicholas W Howley

Director

Sale220$1172.31$257.9K
2026-05-18

Nicholas W Howley

Director

Sale685$1174.17$804.3K
2026-05-18

Nicholas W Howley

Director

Sale313$1175.96$368.1K
2026-05-18

Nicholas W Howley

Director

Sale40$1176.67$47.1K
2026-05-18

Nicholas W Howley

Director

Sale140$1178.14$164.9K
2026-05-18

Nicholas W Howley

Director

Sale250$1179.67$294.9K
2026-05-18

Nicholas W Howley

Director

Sale437$1180.97$516.1K
2026-05-18

Nicholas W Howley

Director

Sale290$1182.81$343.0K
2026-05-18

Nicholas W Howley

Director

Sale87$1183.86$103.0K
2026-05-18

Nicholas W Howley

Director

Sale1,075$1185.05$1.3M
2026-05-18

Nicholas W Howley

Director

Sale448$1185.97$531.3K
2026-05-18

Nicholas W Howley

Director

Sale272$1187.11$322.9K
2026-05-18

Nicholas W Howley

Director

Sale3,801$1188.13$4.5M
2026-05-18

Nicholas W Howley

Director

Sale132$1189.02$157.0K
2026-05-15

Joel Reiss

Co-Chief Operating Officer

Sale71$1144.43$81.3K
2026-05-15

Joel Reiss

Co-Chief Operating Officer

Sale259$1145.37$296.6K
2026-05-15

Joel Reiss

Co-Chief Operating Officer

Sale120$1146.17$137.5K
2026-05-15

Joel Reiss

Co-Chief Operating Officer

Sale462$1147.52$530.2K
2026-05-15

Joel Reiss

Co-Chief Operating Officer

Sale775$1148.25$889.9K

Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.

Who owns TDG

Institutional value

$40.21B

Total shares held

35.2M

Distinct holders

762

As of

2026-03-31

Filers with $100M+ AUM disclose holdings 45 days after quarter end.

Top institutional holders

#ManagerSharesValueQoQ changeAction
1Capital International Investors5.5M$6.37BNew
2Capital World Investors4.7M$5.41BNew
3BlackRock, Inc.4.6M$5.33BNew
4VANGUARD CAPITAL MANAGEMENT LLC3.7M$4.25BNew
5Capital Research Global Investors3.1M$3.64BNew
6VANGUARD PORTFOLIO MANAGEMENT LLC2.6M$2.98BNew
7PRINCIPAL FINANCIAL GROUP INC2.0M$2.33BNew
8UBS Group AG509.7K$590.7MNew
9Invesco Ltd.434.6K$503.7MNew
10PRIMECAP MANAGEMENT CO/CA/410.2K$475.4MNew
11Bank of New York Mellon Corp320.7K$371.7MNew
12VANGUARD FIDUCIARY TRUST CO319.0K$369.7MNew
13Legal & General Group Plc282.6K$327.5MNew
14Temasek Holdings (Private) Ltd218.9K$253.7MNew
15CIBC Bancorp USA Inc.201.5K$233.7MNew
16DEUTSCHE BANK AG\192.7K$223.3MNew
17Vulcan Value Partners, LLC184.2K$213.5MNew
18Sumitomo Mitsui Trust Group, Inc.180.2K$208.8MNew
19BLAIR WILLIAM & CO/IL166.2K$192.7MNew
20Swiss National Bank165.3K$191.6MNew

Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.

Top questions investors are asking

AI
  1. 1

    Interest expense jumped 26% to $475M while EPS fell to $6.62 from $7.62—what's the path to EPS growth without another special dividend?

  2. 2

    With $29.2B long-term debt against negative $9.3B equity, what's your refinancing strategy as rates stay elevated and 2026-2028 maturities approach?

  3. 3

    You spent $907M on acquisitions this quarter—which targets, what multiples paid, and what synergies justify them versus your historical 20%+ IRR threshold?

Refreshed when TDG files a new report · last from 2026-05-05