TransDigm Group Incorporated (TDG)财务
NYSE · Industrials · Aerospace & Defense · 员工16,500人 · CEO Michael J. Lisman
- 股价
- $1,233 +0.5%
- 市值
- $677亿
- 企业价值
- $1000亿 数据截至 2026-11-11
- 最近财报
- Q4 '26 2026-11-10提交
- 下次财报
- 2027-02-02 EPS预期 $9.75
营收(TTM)$106亿+19.6% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)45.6%-1.6 百分点 对比去年同期营业利润 $48.1亿
净利润(TTM)$21.1亿+1.6% 对比去年同期税后,含营业外收益
自由现金流(TTM)–– 对比去年同期资本支出 –
稀释EPS(TTM)$35.51+10.7% 对比去年同期最近4个季度之和
净现金-$326亿-19.7% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $677亿 1h 前更新
- 营收
- $106亿 过去12个月
- 营收增速
- +13% FY2027年一致预期
- 净利润率
- 20.0% 净利润 / 营收,TTM
- P/E
- 34.5× 预期 25.4×(FY2027)
- P/S
- 6.4× 股价 / 营收,TTM
- EV / EBITDA
- 19.2× TTM
- 自由现金流
- – 过去12个月
- 净利润
- $21.1亿 过去12个月
- 营收预期
- $119亿 FY2027年一致预期
- 盈利
- 2027-02-02 营收预估 $26.8亿 · 1h 前更新
- 股息
- $90.00 每次派息 · 2025-09-02
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-11-10):营收超预期1.4%,EPS 超预期1.9%营收$29.9亿,预期$29.5亿(+1.4%);EPS $12.44,预期$12.21(+1.9%)。
- 营收增长加速:同比22.6%Q4 '26营收$29.9亿,此前四个季度的平均值为16.6%。
- 营业利润率45.6%(TTM),较去年同期-1.6 百分点营收增长19.6%,营业利润增长15.5%。
- 税前利润的74.1%被营业外亏损吞噬税前利润$27.6亿,营业利润$48.1亿(TTM)。股权投资亏损等一次性项目压低了净利润和EPS,营业利润更能反映业务本身。
- 稀释股数一年内减少0.9%Q4 '26稀释股数5760万,一年前为5810万。
- 净债务 $326亿现金 + 短期投资 $22.8亿,含租赁债务 $349亿;一年前净债务 $272亿。
上一季度:Q4 '26
截至2026-09-30的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q4 '26 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $29.9亿 | $24.4亿 | +22.6% |
| 毛利率 | 59.0% | 60.3% | -1.3 百分点 |
| 营业利润 | $13.5亿 | $11.6亿 | +16.3% |
| 营业利润率 | 45.2% | 47.6% | -2.4 百分点 |
| 净利润 | $5.88亿 | $6.1亿 | -3.6% |
| 稀释EPS | $10.30 | $7.75 | +32.9% |
| 经营现金流 | – | $5.07亿 | – |
| 资本支出 | – | $6600万 | – |
| 自由现金流 | – | $4.41亿 | – |
| R&D | $0 | $0 | – |
| 股权激励费用 | – | $3300万 | – |
实际 vs 一致预期
2026-11-10| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $29.9亿 | $29.5亿 | +1.4% |
| EPS(一致预期口径) | $12.44 | $12.21 | +1.9% |
来自2026-11-10发布的Q4 '26财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q4 '26 | 同比 | 占所列项目比例 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Power And Control | $16.7亿 | +30.3% | 56.0% | $57.7亿 | +26.6% | |
| Airframe | $12.6亿 | +14.2% | 42.3% | $46亿 | +11.9% | |
| Non-Aviation Related Business | $5000万 | +6.4% | 1.7% | $1.81亿 | +13.1% |
利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 自由现金流
- –
- 股东回报 / FCF
- –
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | 34.5× | 40.9× | 30.5× – 55.7× |
| EV / EBITDA | 19.2× | 21.5× | 18.2× – 26.5× |
| EV / 营收 | 9.5× | 10.4× | 8.7× – 12.7× |
| 股价 / FCF | 35.2× | 38.9× | 32.6× – 43.9× |
| 股价 / 净资产 | -7.1× | – | – |
| FCF收益率 | 2.8% | 2.6% | 2.3% – 3.1% |
| 投入资本回报率 | 13.9% | 12.9% | 9.9% – 15.3% |
| 净资产收益率 | -21.9% | -31.6% | -65.4% – -21.1% |
分析师
一致目标价 $1,461.22 (+19.2%)
区间 $1,200.00 – $1,745.00 · 评级 Hold
强烈买入0
买入19
持有20
卖出0
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2027 | $119亿 | +13.1% | $48.57 | +36.8% | 25.4× | 8 |
| FY2028 | $128亿 | +7.5% | $55.93 | +15.1% | 22.0× | 12 |
| FY2029 | $138亿 | +7.3% | $63.73 | +13.9% | 19.3× | 1 |
| FY2030 | $146亿 | +6.0% | $72.88 | +14.4% | 16.9× | 1 |
| FY2031 | $155亿 | +5.8% | $83.33 | +14.3% | 14.8× | 1 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
TransDigm Group Incorporated在近期10-Q / 10-K文件中标记的全部296项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| $800万2026-06-27 | – | – | $2100万 | $0 | – | |
| – | – | – | $2400万 | – | – | |
| – | – | – | 0.8% | – | – | |
| – | – | – | $4700万 | – | – | |
| – | – | – | 1.7% | – | – | |
| – | – | – | $4.2亿 | – | – | |
| – | – | – | $5800万 | – | – | |
| $2100万 | $0 | – | $2100万 | $0 | – | |
| Accounts Payable, Current | $5.18亿 | $3.68亿 | +40.8% | $5.18亿 | $3.68亿 | +40.8% |
| Accounts Receivable, after Allowance for Credit Loss, Current | $20.5亿 | $16.2亿 | +27.0% | $20.5亿 | $16.2亿 | +27.0% |
| Accounts Receivable, Allowance for Credit Loss | $3200万 | $2500万 | +28.0% | $3200万 | $2500万 | +28.0% |
| Accounts Receivable, Allowance for Credit Loss, Current | $2900万2025-12-27 | $3500万 | -17.1% | – | – | – |
| Accounts Receivable, before Allowance for Credit Loss | $20.9亿 | $16.4亿 | +27.0% | $20.9亿 | $16.4亿 | +27.0% |
| Accrued Environmental Loss Contingencies, Current | $500万2025-09-30 | $500万 | 0.0% | $500万2025-09-30 | $500万 | 0.0% |
| Accrued Environmental Loss Contingencies, Noncurrent | $3300万2025-09-30 | $3600万 | -8.3% | $3300万2025-09-30 | $3600万 | -8.3% |
| Accrued Liabilities, Current | $11亿 | $9.66亿 | +13.9% | $11亿 | $9.66亿 | +13.9% |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $13.6亿 | $11.9亿 | +13.9% | $13.6亿 | $11.9亿 | +13.9% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | $3400万 | -$1000万 | +440.0% | $3400万 | -$1000万 | +440.0% |
| Additional Paid in Capital, Common Stock | $34.7亿 | $31.4亿 | +10.7% | $34.7亿 | $31.4亿 | +10.7% |
| Amortization of Debt Issuance Costs and Discounts | $1200万 | $1000万 | +20.0% | $4700万 | $3800万 | +23.7% |
| Amortization of Intangible Assets | $6700万 | $5300万 | +26.4% | $2.52亿 | $2.01亿 | +25.4% |
| APIC, Share-based Payment Arrangement, Increase for Cost Recognition | $4800万2026-06-27 | $3900万 | +23.1% | $1.7亿 | $1.5亿 | +13.3% |
| Assets | $280亿 | $229亿 | +22.3% | $280亿 | $229亿 | +22.3% |
| Assets, Current | $76.5亿 | $70.1亿 | +9.1% | $76.5亿 | $70.1亿 | +9.1% |
| Buildings and Improvements, Gross | $9.24亿 | $7.94亿 | +16.4% | $9.24亿 | $7.94亿 | +16.4% |
| Business Combination, Acquisition Related Costs | – | – | – | $2500万 | $600万 | +316.7% |
| Cash and Cash Equivalents, at Carrying Value | $22.8亿 | $28.1亿 | -18.8% | $22.8亿 | $28.1亿 | -18.8% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $22.8亿 | $28.1亿 | -18.8% | $22.8亿 | $28.1亿 | -18.8% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | -$4.94亿 | $1600万 | -3,187.5% | -$5.29亿 | -$34.5亿 | +84.7% |
| Common Stock, Par or Stated Value Per Share | $0.01 | $0.01 | 0.0% | $0.01 | $0.01 | 0.0% |
| Common Stock, Shares Authorized | 2.24亿 | 2.24亿 | 0.0% | 2.24亿 | 2.24亿 | 0.0% |
| Common Stock, Shares, Issued | 6300万 | 6250万 | +0.8% | 6300万 | 6250万 | +0.8% |
| Common Stock, Value, Issued | $100万 | $100万 | 0.0% | $100万 | $100万 | 0.0% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest | – | – | – | $100万 | $0 | – |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | $6.75亿 | $5.52亿 | +22.3% | $21.5亿 | $21.1亿 | +2.1% |
| Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest | – | – | – | $21.5亿 | $21.1亿 | +2.2% |
| Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Changes, Net | -$100万2026-06-27 | -$100万 | 0.0% | $100万 | – | – |
| Construction in Progress, Gross | $1.93亿 | $1.63亿 | +18.4% | $1.93亿 | $1.63亿 | +18.4% |
| Contract with Customer, Asset, after Allowance for Credit Loss | $4.67亿 | $3.74亿 | +24.9% | $4.67亿 | $3.74亿 | +24.9% |
| Contract with Customer, Asset, after Allowance for Credit Loss, Current | $3.39亿 | $2.8亿 | +21.1% | $3.39亿 | $2.8亿 | +21.1% |
| Contract with Customer, Asset, after Allowance for Credit Loss, Noncurrent | $1.28亿 | $9400万 | +36.2% | $1.28亿 | $9400万 | +36.2% |
| Contract with Customer, Liability | $1.66亿 | $1.5亿 | +10.7% | $1.66亿 | $1.5亿 | +10.7% |
| Contract with Customer, Liability, Current | $1.61亿 | $1.43亿 | +12.6% | $1.61亿 | $1.43亿 | +12.6% |
| Contract with Customer, Liability, Noncurrent | $500万 | $700万 | -28.6% | $500万 | $700万 | -28.6% |
| Contract with Customer, Liability, Revenue Recognized | $3700万2025-12-27 | $4700万 | -21.3% | – | – | – |
| Cost of Goods and Services Sold | $12.3亿 | $9.67亿 | +26.7% | $43亿 | $35.2亿 | +22.2% |
| Current Federal Tax Expense (Benefit) | – | – | – | $4.24亿 | $4.2亿 | +1.0% |
| Current Foreign Tax Expense (Benefit) | – | – | – | $1.17亿 | $1亿 | +17.0% |
| Current Income Tax Expense (Benefit) | – | – | – | $6.08亿 | $5.65亿 | +7.6% |
| Current State and Local Tax Expense (Benefit) | – | – | – | $6700万 | $4500万 | +48.9% |
| Debt Instrument, Face Amount | $338亿 | $292亿 | +15.5% | $338亿 | $292亿 | +15.5% |
| Debt Instrument, Unamortized Discount (Premium), Net | $5100万 | $6600万 | -22.7% | $5100万 | $6600万 | -22.7% |
| Debt Issuance Costs, Net | $1.83亿 | $1.63亿 | +12.3% | $1.83亿 | $1.63亿 | +12.3% |
| Deferred Federal Income Tax Expense (Benefit) | – | – | – | $2300万 | -$3200万 | +171.9% |
| Deferred Foreign Income Tax Expense (Benefit) | – | – | – | $1900万 | $2100万 | -9.5% |
| Deferred Income Tax Expense (Benefit) | – | – | – | $4800万 | -$1000万 | +580.0% |
| Deferred Income Tax Liabilities, Net | $10.2亿 | $7.59亿 | +34.8% | $10.2亿 | $7.59亿 | +34.8% |
| Deferred State and Local Income Tax Expense (Benefit) | – | – | – | $600万 | $100万 | +500.0% |
| Deferred Tax Asset, Interest Carryforward | $4.79亿 | $4.19亿 | +14.3% | $4.79亿 | $4.19亿 | +14.3% |
| Deferred Tax Assets, Gross | $8.63亿 | $8.08亿 | +6.8% | $8.63亿 | $8.08亿 | +6.8% |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标和预期均根据公司文件标准化。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 10-K 2026-09-30, 10-Q 2026-06-27, 10-Q 2026-03-28, 10-Q 2025-12-27, 10-K 2025-09-30, 10-Q 2025-06-28, 10-Q 2025-03-29, 10-Q 2024-12-28, 10-K 2024-09-30
数据截至 2026-11-11