NYSE$TDG

Transdigm Group Incorporated · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Transdigm Group's Q2 2022 results reflected an increase in net sales and income from continuing operations, driven by the global commercial aerospace recovery.

TransDigm Group reported an 11% increase in net sales to $1,327 million and a 90% increase in income from continuing operations to $199 million for the second quarter ended April 2, 2022. Adjusted earnings per share rose by 50% to $3.86. The company repurchased $667 million of its stock during the quarter.

  • Net sales increased by 11% year-over-year to $1,327 million.
  • Income from continuing operations increased by 90% year-over-year to $199 million.
  • Adjusted earnings per share increased by 50% year-over-year to $3.86.
  • Company stock repurchased for $667 million during the quarter.

Headline financials

Total Revenue

$1.33B

Previous: $1.19B+11.1%
EPS (adj)

$3.86

Previous: $2.58+49.6%
Organic Sales Growth

15.1%

Previous: -17.3%+187.3%
Capital Expenditures

-$57M

Previous: -$60M+5.0%
Free Cash Flow

$142M

Previous: $44M+222.7%
Net Income

$199M

Previous: $104M+91.3%
Operating Income

$520M

Previous: $394M+32.0%
Gross Profit

$736M

Previous: $592M+24.3%
Cash & Equivalents

$4.22B

Previous: $4.07B+3.5%
Total Assets

$18.8B

Previous: $18.7B+0.5%
Stock-Based Comp

$42M

No prior period

Revenue & EPS history

Transdigm · Revenue · Quarterly

$1.33B

Q2 2022+11.1%vs Q2 2021
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Forward guidance

Due to continued uncertainty, the company has suspended providing full fiscal year 2022 guidance.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

+0.5%

Avg return

Earnings day

+0.3%

Avg return

5 days after

+1.4%

Avg return

30 days after

53%

35 / 66 earnings

Positive

+16.5%

Q3 2019

Best reaction

-11.9%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026+5.1%+5.6%+6.7%
Q1 2026-9.3%-10.4%-9.8%
Q4 2025+1.0%+3.2%+0.1%
Q3 2025-11.9%-13.6%-20.3%
Q2 2025-5.6%-6.7%-1.9%
Q1 2025-3.3%-1.9%-0.6%
Q4 2024-2.3%-2.0%-7.5%
Q3 2024-0.6%+3.0%+9.9%
Q2 2024+1.0%+0.7%+2.5%
Q1 2024-2.4%-2.2%+1.6%
Q4 2023+10.9%+11.3%+9.9%
Q3 2023-4.8%-4.5%-2.9%
Q2 2023+4.9%+3.0%+4.5%
Q1 2023+4.7%+1.4%+2.9%
Q4 2022+7.5%+6.0%+4.6%
Q3 2022+3.9%+5.5%-4.0%
Q2 2022+4.6%+3.3%+11.4%
Q1 2022+2.7%+0.8%+0.1%
Q4 2021+0.8%-3.3%-11.8%
Q3 2021-0.7%-3.6%-4.8%
Q2 2021-3.8%-0.7%+9.7%
Q1 2021-3.4%-3.9%-0.5%
Q4 2020+1.1%+3.1%+7.3%
Q3 2020+8.2%+9.0%+13.3%
Q2 2020-6.7%+3.0%+40.7%
Q1 2020-4.0%-2.7%-17.8%
Q4 2019+1.3%-0.9%+1.3%
Q3 2019+16.5%+18.1%+15.5%
Q2 2019+1.3%-0.3%-1.4%
Q1 2019+4.3%+5.7%+6.2%
Q4 2018+3.8%+3.0%+0.2%
Q3 2018-3.1%-3.2%-4.1%
Q2 2018-0.5%+0.7%+4.2%
Q1 2018-1.6%-4.8%-3.7%
Q4 2017-6.3%-5.9%-3.6%
Q3 2017-2.3%-3.5%-10.8%
Q2 2017-4.0%-4.6%+7.1%
Q1 2017+7.1%+9.6%+4.6%
Q4 2016-4.9%-8.2%-7.9%
Q3 2016+3.1%+1.5%+3.4%
Q2 2016+9.5%
Q1 2016-10.1%
Q4 2015+5.0%
Q3 2015+4.1%
Q2 2015-0.1%
Q1 2015-2.7%
Q4 2014+3.3%
Q3 2014+1.5%
Q2 2014-2.3%
Q1 2014+5.1%
Q4 2013-0.5%
Q3 2013-3.4%
Q2 2013-1.2%
Q1 2013+1.5%
Q4 2012+3.5%
Q3 2012+1.2%
Q2 2012-1.4%
Q1 2012+2.0%
Q4 2011-1.2%
Q3 2011+2.3%
Q2 2011+0.7%
Q1 2011+1.5%
Q4 2010+2.9%
Q3 2010-1.3%
Q2 2010+3.7%
Q1 2009-0.8%

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