Financials TransDigm Group Inc.

Equities

TDG

US8936411003

Aerospace & Defense

Real-time Estimate Cboe BZX Other stock markets 04:36:36 14/03/26 am AEDT			5-day change	1st Jan Change
1,228.06 ^USD	+0.17%		-5.27%	-7.79%

12/02	TransDigm Group Inc on Feb 10, priced an aggregate of $2,000 million of new debt	RE
10/02	TransDigm Group Inc unit plans to offer $2,000 million of new debt	RE

Projected Income Statement: TransDigm Group Inc.

Fiscal Period: September	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	4,798	5,429	6,585	7,940	8,831	9,992	10,780	11,522
Change	-	13.15%	21.29%	20.58%	11.22%	13.15%	7.88%	6.89%
EBITDA ¹	2,189	2,646	3,395	4,173	4,760	5,250	5,725	6,202
Change	-	20.88%	28.31%	22.92%	14.07%	10.3%	9.04%	8.33%
EBIT ¹	1,691	2,215	2,923	3,531	4,165	4,619	5,131	5,638
Change	-	30.99%	31.96%	20.8%	17.96%	10.91%	11.08%	9.88%
Interest Paid ¹	-1,059	-1,076	-1,164	-1,286	-1,572	-1,905	-1,866	-1,810
Earnings before Tax (EBT) ¹	715	1,127	1,716	2,215	2,629	2,684	3,261	3,843
Change	-	57.62%	52.26%	29.08%	18.69%	2.1%	21.49%	17.85%
Net income ¹	681	866	1,298	1,481	1,866	2,021	2,500	2,944
Change	-	27.17%	49.88%	14.1%	26%	8.31%	23.7%	17.74%
Announcement Date	16/11/21	10/11/22	9/11/23	7/11/24	12/11/25	-	-	-

¹USD in Million

Estimates

Fiscal Period: September	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3	2027 Q4	2028 Q1
Net sales ¹	1,194	1,218	1,279	1,194	1,327	1,398	1,510	1,397	1,592	1,744	1,852	1,789	1,919	2,046	2,185	2,006	2,150	2,237	2,437	2,285	2,426	2,534	2,744	2,502	2,676	2,797	2,940	2,715
Change	-	2.01%	5.01%	-6.65%	11.14%	5.35%	8.01%	-7.48%	13.96%	9.55%	6.19%	-3.4%	7.27%	6.62%	6.79%	-8.19%	7.18%	4.05%	8.94%	-6.24%	6.18%	4.44%	8.31%	-8.85%	6.98%	4.52%	5.11%	-7.67%
EBITDA ¹	519	559	636	565	633	696	752	699	817	915	963	912	1,021	1,091	1,149	1,061	1,162	1,217	1,320	1,197	1,276	1,333	1,448	1,334	1,445	1,528	1,542	1,462
Change	-	7.71%	13.77%	-11.16%	12.04%	9.95%	8.05%	-7.05%	16.88%	12%	5.25%	-5.3%	11.95%	6.86%	5.32%	-7.66%	9.52%	4.73%	8.46%	-9.32%	6.59%	4.45%	8.67%	-7.85%	8.26%	5.8%	0.87%	-5.18%
EBIT ¹	394	447	535	455	520	599	641	590	695	783	856	787	867	934	943	974	991	1,039	1,161	1,042	1,117	1,173	1,277	1,203	1,307	1,389	1,398	1,332
Change	-	13.45%	19.69%	-14.95%	14.29%	15.19%	7.01%	-7.96%	17.8%	12.66%	9.32%	-8.06%	10.17%	7.73%	0.96%	3.29%	1.75%	4.84%	11.74%	-10.25%	7.2%	5.02%	8.84%	-5.79%	8.66%	6.23%	0.71%	-4.72%
Charge d'intérêts ¹	-268	-263	-261	-264	-266	-269	-277	-286	-295	-291	-292	-300	-326	-316	-343	-378	-378	-397	-420	-475	-476.6	-477.5	-476.8	-468.9	-468.8	-468.6	-468.5	-457.1
Earnings before Tax (EBT) ¹	130	244	287	193	260	312	362	301	397	469	549	488	519	602	605	619	622	635	752	572	630.7	687.5	781.7	719.7	817.1	898.4	907.8	847.9
Change	-	87.69%	17.62%	-32.75%	34.72%	20%	16.03%	-16.85%	31.89%	18.14%	17.06%	-11.11%	6.35%	15.99%	0.5%	2.31%	0.48%	2.09%	18.43%	-23.94%	10.27%	9%	13.7%	-7.93%	13.54%	9.95%	1.05%	-6.6%
Net income ¹	104	317	209	117	199	238	266	190	304	351	414	281	403	461	336	444	479	492	451	386	483.5	526.1	599.1	532.9	627.8	690.3	697.3	631.5
Change	-	204.81%	-34.07%	-44.02%	70.09%	19.6%	11.76%	-28.57%	60%	15.46%	17.95%	-32.13%	43.42%	14.39%	-27.11%	32.14%	7.88%	2.71%	-8.33%	-14.41%	25.26%	8.8%	13.88%	-11.04%	17.8%	9.95%	1.02%	-9.44%
Announcement Date	11/5/21	10/8/21	16/11/21	8/2/22	10/5/22	9/8/22	10/11/22	7/2/23	9/5/23	8/8/23	9/11/23	8/2/24	7/5/24	6/8/24	7/11/24	4/2/25	6/5/25	5/8/25	12/11/25	3/2/26	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: TransDigm Group Inc.

Fiscal Period: September	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt ¹	15,211	16,794	16,278	18,619	27,207	27,141	25,434	23,775
Change	-	10.41%	-3.07%	14.38%	46.12%	-0.24%	-6.29%	-6.52%
Announcement Date	16/11/21	10/11/22	9/11/23	7/11/24	12/11/25	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: TransDigm Group Inc.

Fiscal Period: September	2021	2022	2023	2024	2025	2026	2027	2028
CAPEX ¹	105	119	139	165	222	292.5	288.5	295.4
Change	-	13.33%	16.81%	18.71%	34.55%	31.75%	-1.36%	2.38%
Free Cash Flow (FCF) ¹	808	829	1,236	1,880	1,816	2,308	2,681	3,097
Change	-	2.6%	49.1%	52.1%	-3.4%	27.07%	16.18%	15.51%
Announcement Date	16/11/21	10/11/22	9/11/23	7/11/24	12/11/25	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: TransDigm Group Inc.

Fiscal Period: September	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	45.62%	48.74%	51.56%	52.56%	53.9%	52.54%	53.11%	53.83%
EBIT Margin (%)	35.24%	40.8%	44.39%	44.47%	47.16%	46.23%	47.6%	48.93%
EBT Margin (%)	14.9%	20.76%	26.06%	27.9%	29.77%	26.86%	30.25%	33.35%
Net margin (%)	14.19%	15.95%	19.71%	18.65%	21.13%	20.23%	23.19%	25.55%
FCF margin (%)	16.84%	15.27%	18.77%	23.68%	20.56%	23.09%	24.87%	26.88%
FCF / Net Income (%)	118.65%	95.73%	95.22%	126.94%	97.32%	114.17%	107.24%	105.2%
Profitability
ROA	3.61%	4.63%	6.82%	7.52%	7.7%	8.84%	9.64%	10.2%
ROE	-	-	-	-	-	-	-	-
Financial Health
Leverage (Debt/EBITDA)	6.95x	6.35x	4.79x	4.46x	5.72x	5.17x	4.44x	3.83x
Debt / Free cash flow	18.83x	20.26x	13.17x	9.9x	14.98x	11.76x	9.49x	7.68x
Capital Intensity
CAPEX / Current Assets (%)	2.19%	2.19%	2.11%	2.08%	2.51%	2.93%	2.68%	2.56%
CAPEX / EBITDA (%)	4.8%	4.5%	4.09%	3.95%	4.66%	5.57%	5.04%	4.76%
CAPEX / FCF (%)	13%	14.35%	11.25%	8.78%	12.22%	12.68%	10.76%	9.54%
Items per share
Cash flow per share ¹	15.63	16.29	24.04	35.38	35.02	46.58	48.4	50.84
Change	-	4.19%	47.58%	47.18%	-1.03%	33.01%	3.91%	5.05%
Dividend per Share ¹	-	18.5	-	-	-	16.67	-	-
Change	-	-	-	-	-	-	-	-
Book Value Per Share ¹	-52.78	-69.41	-35.87	-111.9	-171.8	-136.2	-108.6	-85.53
Change	-	-31.5%	48.32%	-211.91%	-53.55%	20.75%	20.2%	21.28%
EPS ¹	10.41	13.38	22.03	25.62	32.08	34	42.11	49.08
Change	-	28.53%	64.65%	16.3%	25.21%	5.99%	23.83%	16.57%
Nbr of stocks (in thousands)	55,112	54,235	55,183	56,111	56,350	56,474	56,474	56,474
Announcement Date	16/11/21	10/11/22	9/11/23	7/11/24	12/11/25	-	-	-