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Dec 28, 2024

Transdigm Q1 2025 Earnings Report

Reported a strong start to fiscal year 2025 with revenue growth driven by the commercial aftermarket and defense market.

Key Takeaways

TransDigm Group reported first quarter results with net sales of $2,006 million, a 12% increase from the prior year's quarter, and net income of $493 million, a 29% increase. The company reaffirmed its fiscal 2025 sales and EBITDA As Defined guidance.

Net sales increased by 12% to $2,006 million.

Net income increased by 29% to $493 million.

Adjusted earnings per share increased by 9% to $7.83.

EBITDA As Defined margin was 52.9%, up approximately 190 basis points from the prior year period.

Total Revenue
$2.01B
Previous year: $1.79B
+12.1%
EPS
$7.83
Previous year: $7.16
+9.4%
Organic Sales Growth
6.6%
Previous year: 23.5%
-71.9%
Gross Profit
$1.24B
Previous year: $1.03B
+20.4%
Cash and Equivalents
$2.46B
Previous year: $4.14B
-40.5%
Free Cash Flow
$710M
Previous year: $600M
+18.3%
Total Assets
$21.5B
Previous year: $20.7B
+4.0%

Transdigm

Transdigm

Forward Guidance

TransDigm expects fiscal 2025 net sales to be in the range of $8,750 million to $8,950 million, net income to be in the range of $1,925 million to $2,037 million, earnings per share to be in the range of $32.27 to $34.19, EBITDA As Defined to be in the range of $4,615 million to $4,755 million, and adjusted earnings per share to be in the range of $35.51 to $37.43.

Positive Outlook

  • Net sales are anticipated to increase by 11.5% at the midpoint.
  • Net income is anticipated to increase by 15.5% at the midpoint.
  • Earnings per share is expected to increase by 29.7% at the midpoint.
  • EBITDA As Defined is anticipated to increase by 12.3% at the midpoint.
  • Adjusted earnings per share is expected to increase by 7.3% at the midpoint.