$TDG · TransDigm Group INC
TransDigm filed its FY2026 10-K for the year ended September 30, 2026. Net sales grew 19.5% to $10.557B from $8.831B, driven by defense and commercial aftermarket growth. Net income attributable to TD Group was $2.107B, with EPS of $35.51 versus $32.08. EBITDA As Defined rose to $5.563B (52.7% of sales) from $4.760B. No cash dividend was declared in FY2026, versus $90.00 per share in FY2025.
- Net sales rose 19.5% to $10.557B in FY2026 from $8.831B.
- EPS increased to $35.51 from $32.08 a year earlier.
- EBITDA As Defined reached $5.563B, or 52.7% of net sales.
- No cash dividend declared in FY2026, versus $90.00 per share in FY2025.
- Interest expense-net climbed to $2.008B from $1.572B.
Extended-hours last trade $1233.00, +0.61% vs regular close, a muted reaction to solid full-year results. Market cap $67.74B.
TransDigm delivered 19.5% revenue growth and 10.7% EPS growth while maintaining a 45.6% operating margin, reinforcing its premium aerospace franchise.
TransDigm's proprietary aftermarket model (~55% of sales) and 45.6% operating margin continue to outpace aerospace peers on profitability.
Higher interest expense ($2.008B) and refinancing costs reflect elevated leverage; defense demand depends on uncertain government budgets and global conflicts.