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Mar 31, 2024

Triumph Group Q4 2024 Earnings Report

Reported financial results for Q4 and fiscal year 2024 and provided fiscal year 2025 guidance.

Key Takeaways

Triumph Group reported Q4 2024 results with net sales of $358.6 million and operating income of $44.8 million. The company completed the divestiture of its third-party Product Support MRO business and retired over $550 million of debt. They also provided FY2025 guidance, including net sales of approximately $1.2 billion and operating income of approximately $140.0 million.

Net sales were $358.6 million with 11% organic sales growth.

Operating income reached $44.8 million, with a 12.5% operating margin.

Net income from continuing operations was $5.5 million, or $0.07 per diluted share.

Free cash flow was $72.1 million.

Total Revenue
$359M
Previous year: $393M
-8.8%
EPS
$0.31
Previous year: $0.39
-20.5%
Adjusted Op. Margin
15.6%
Adj. EBITDAP Margin
16.3%
Previous year: 17.3%
-5.8%
Operating Cash Flow
$77.7M
Gross Profit
$101M
Previous year: $122M
-17.8%
Cash and Equivalents
$393M
Previous year: $227M
+72.6%
Free Cash Flow
$72.1M
Previous year: $51.8M
+39.2%
Total Assets
$1.69B
Previous year: $1.71B
-1.7%

Triumph Group

Triumph Group

Triumph Group Revenue by Segment

Forward Guidance

Triumph Group provided fiscal year 2025 guidance, including net sales of approximately $1.2 billion, operating income of approximately $140.0 million, adjusted EBITDAP of approximately $182.0 million, earnings per diluted share of approximately $0.42, and free cash flow of $10.0 million to $25.0 million.

Positive Outlook

  • Net sales of approximately $1.2 billion
  • Operating income of approximately $140.0 million, reflecting operating margin of 12%
  • Adjusted EBITDAP of approximately $182.0 million, reflecting Adjusted EBITDAP margin 15%
  • Earnings per diluted share of approximately $0.42
  • Cash flow from operations of $30.0 million to $50.0 million, free cash flow of $10.0 million to $25.0 million

Revenue & Expenses

Visualization of income flow from segment revenue to net income