TransDigm Group demonstrated strong performance in fiscal 2024 with significant growth in the commercial aftermarket and defense sectors. Despite facing challenges in the commercial OEM market and the uneven performance of submarkets, the company's strategic focus on capital allocation and operational excellence positions it well for the future.
Company Guidance
During the TransDigm Group's Q4 2024 earnings call, the company provided comprehensive guidance for fiscal 2025. They anticipate revenue growth to reach approximately 11%, with fiscal 2025 revenue guidance set at $8.85 billion. The company expects EBITDA as defined to be $4.685 billion, marking a 12% increase, with an expected margin of 52.9%. Adjusted EPS is projected to grow by 7% to $36.32. Commercial OEM revenue is forecasted to grow in the mid-single-digit percentage range, while commercial aftermarket and defense revenue are expected to grow at high single-digit to low double-digit and high single-digit percentages, respectively. The fiscal 2025 strategy assumes no additional acquisitions or divestitures, with an emphasis on continued strong performance across all major market channels. The company also plans to maintain its capital allocation priorities, aiming to reinvest in businesses, pursue disciplined M&A, and return capital to shareholders.
Strong Financial Performance
Fiscal 2024 revenue exceeded the high end of guidance, with EBITDA margins at 52.6% in Q4 and strong operating cash flow of over $570 million.
Robust Commercial Aftermarket Growth
Commercial aftermarket revenue increased by 12% for the fiscal year 2024, with a significant increase in the passenger submarket up close to 20%.
Defense Market Expansion
Defense revenue grew by approximately 16% in Q4 and 19% for the full fiscal year 2024, supported by strong bookings.
Significant Capital Allocation
Allocated approximately $6.5 billion in capital across M&A and shareholder returns, including a record $75 per share special dividend.
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Transdigm Group (TDG) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TDG Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 07, 2024
$1382.60
$1329.39
-3.85%
Aug 06, 2024
$1145.53
$1171.97
+2.31%
May 07, 2024
$1232.84
$1241.14
+0.67%
Feb 08, 2024
$1086.39
$1068.92
-1.61%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Transdigm Group Inc. (TDG) report earnings?
Transdigm Group Inc. (TDG) is schdueled to report earning on Feb 11, 2025, TBA Not Confirmed.
What is Transdigm Group Inc. (TDG) earnings time?
Transdigm Group Inc. (TDG) earnings time is at Feb 11, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
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