TDGTransDigm Group

Industrials · Aerospace Parts · NYSE

Headquarters: Cleveland, OH
CEO: Kevin M. Stein
Next results: around Nov 11, 2026

The biggest changes in the 10-K filed 2025-11-12, this fiscal year against the last, and the sentences in the MD&A (Item 7) where management explains them, quoted word for word. Tickdelta picks sentences that name the line, a direction and a cause. It does not write explanations of its own.

Operating margin

44.5% → 47.2% (+2.7 pts) Big change FY to 2025-09-30 vs 2024-09-30

The MD&A has no sentence that names a cause for this change. That can be worth a question: ask about the filing.

Net income

+21.0% Big change FY to 2025-09-30 vs 2024-09-30

“Net income attributable to TD Group for the fiscal year ended September 30, 2025 of $2,074 million was decreased by dividend equivalents of $208 million, or $3.58 per share, resulting in net income applicable to TD Group common stockholders of $1,866 million.”
Read it in the 10-K ↗

Gross margin

58.8% → 60.1% (+1.3 pts) Big change FY to 2025-09-30 vs 2024-09-30

The MD&A has no sentence that names a cause for this change. That can be worth a question: ask about the filing.

Revenue

+11.2% Big change FY to 2025-09-30 vs 2024-09-30

“Commercial aftermarket sales increased in fiscal 2025 compared to fiscal 2024 primarily due to the overall demand for air travel resulting in higher flight hours and utilization of passenger and freight aircraft as global air traffic continues to surpass pre-pandemic levels.”
Read it in the 10-K ↗

“Defense sales in fiscal 2025 increased compared to fiscal 2024 primarily due to continued U.S.”
Read it in the 10-K ↗

Cash from operations

-0.3% FY to 2025-09-30 vs 2024-09-30

The MD&A has no sentence that names a cause for this change. That can be worth a question: ask about the filing.

Changes are computed from the XBRL figures in the same 10-K. Hover a number to see the line item. Open the 10-K ↗

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