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U.S. Aerospace & Defense Industry Analysis

UpdatedMay 09, 2024
DataAggregated Company Financials
Companies74
  • 7D2.5%
  • 3M12.9%
  • 1Y27.1%
  • YTD16.0%

Over the last 7 days, the Aerospace & Defense industry has risen 2.5%, driven by gains from General Electric of 5.7%. This means that the industry has gained 27% over the past year. As for the next few years, earnings are expected to grow by 13% per annum.

Industry Valuation and Performance

Has the U.S. Aerospace & Defense Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 09 May 2024US$811.2bUS$380.7bUS$23.8b30.9x34.1x2.1x
Sat, 06 Apr 2024US$602.6bUS$303.9bUS$18.8b32.5x32x2x
Mon, 04 Mar 2024US$577.6bUS$303.7bUS$18.7b31.8x30.9x1.9x
Wed, 31 Jan 2024US$577.0bUS$306.5bUS$18.0b31.7x32.1x1.9x
Fri, 29 Dec 2023US$578.5bUS$302.1bUS$20.9b28.6x27.7x1.9x
Sun, 26 Nov 2023US$560.0bUS$301.6bUS$20.9b27.7x26.8x1.9x
Tue, 24 Oct 2023US$531.5bUS$301.5bUS$22.3b24.9x23.8x1.8x
Thu, 21 Sep 2023US$531.0bUS$305.9bUS$22.6b25.5x23.5x1.7x
Sat, 19 Aug 2023US$549.3bUS$305.7bUS$22.8b25.3x24.1x1.8x
Mon, 17 Jul 2023US$574.7bUS$298.0bUS$21.6b26.1x26.6x1.9x
Wed, 14 Jun 2023US$572.1bUS$300.3bUS$21.9b25.5x26.2x1.9x
Fri, 12 May 2023US$555.6bUS$300.1bUS$21.8b24.6x25.4x1.9x
Sun, 09 Apr 2023US$580.9bUS$294.7bUS$21.8b23.9x26.6x2x
Tue, 07 Mar 2023US$590.6bUS$294.5bUS$21.7b23.7x27.2x2x
Thu, 02 Feb 2023US$579.4bUS$292.0bUS$22.1b24.4x26.2x2x
Sat, 31 Dec 2022US$599.5bUS$287.1bUS$22.2b24.4x27x2.1x
Mon, 28 Nov 2022US$597.3bUS$284.2bUS$22.0b32.1x27.1x2.1x
Wed, 26 Oct 2022US$574.1bUS$281.3bUS$22.8b28.9x25.1x2x
Fri, 23 Sep 2022US$536.3bUS$280.7bUS$21.7b26.1x24.7x1.9x
Sun, 21 Aug 2022US$573.0bUS$280.5bUS$21.6b24.8x26.5x2x
Tue, 19 Jul 2022US$534.4bUS$285.6bUS$22.5b19.1x23.7x1.9x
Thu, 16 Jun 2022US$540.2bUS$284.8bUS$22.4b17.8x24.1x1.9x
Sat, 14 May 2022US$552.8bUS$284.7bUS$22.6b20.6x24.5x1.9x
Mon, 11 Apr 2022US$598.4bUS$285.3bUS$22.5b23x26.6x2.1x
Wed, 09 Mar 2022US$601.4bUS$287.7bUS$22.7b20.9x26.5x2.1x
Fri, 04 Feb 2022US$530.6bUS$287.3bUS$22.3b20.1x23.8x1.8x
Sun, 02 Jan 2022US$520.7bUS$286.0bUS$18.8b19.1x27.7x1.8x
Tue, 30 Nov 2021US$502.9bUS$286.3bUS$18.8b19.1x26.7x1.8x
Thu, 28 Oct 2021US$522.6bUS$284.0bUS$17.6b22.2x29.7x1.8x
Sat, 25 Sep 2021US$517.0bUS$284.5bUS$20.0b19.6x25.9x1.8x
Mon, 23 Aug 2021US$510.8bUS$284.4bUS$20.1b20.2x25.4x1.8x
Sat, 10 Jul 2021US$523.5bUS$282.8bUS$19.6b22.6x26.7x1.9x
Price to Earnings Ratio

36.9x


Total Market Cap: US$524.9bTotal Earnings: US$14.2bTotal Revenue: US$276.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Aerospace & Defense Industry Price to Earnings3Y Average 26.8x202220232024
Current Industry PE
  • Investors are optimistic on the American Aerospace & Defense industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 34.1x which is higher than its 3-year average PE of 26.8x.
  • The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Aerospace & Defense industry have grown 19% per year over the last three years.
  • Revenues for these companies have grown 11% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the U.S. Industrials industry?

US Market3.30%
Industrials2.70%
Aerospace & Defense2.52%
Aerospace and Defense2.52%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
GE General ElectricUS$168.865.7%
+US$10.0b		69.6%PE44.1x
BA BoeingUS$180.355.2%
+US$5.5b		-10.2%PS1.4x
TDG TransDigm GroupUS$1.32k5.3%
+US$3.7b		62.3%PE50.4x
RTX RTXUS$103.942.7%
+US$3.6b		7.9%PE39.7x
HWM Howmet AerospaceUS$81.425.6%
+US$1.8b		85.2%PE38.7x
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CDRE

US$30.36

Cadre Holdings

7D

-10.0%

1Y

42.5%

TDG

US$1,315.00

TransDigm Group

7D

5.3%

1Y

62.3%

SPR

US$30.90

Spirit AeroSystems Holdings

7D

-3.6%

1Y

29.0%

AXON

US$311.86

Axon Enterprise

7D

-1.5%

1Y

52.4%

BWXT

US$88.07

BWX Technologies

7D

-8.0%

1Y

31.5%

GD

US$292.74

General Dynamics

7D

2.2%

1Y

38.4%

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May 07

NOC

US$471.61

Northrop Grumman

7D

-3.0%

1Y

6.5%

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May 07

GE

US$168.86

General Electric

7D

5.7%

1Y

69.6%

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May 06

RTX

US$103.94

RTX

7D

2.7%

1Y

7.9%

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May 06
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WWD

US$178.14

Woodward

7D

7.4%

1Y

63.0%

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May 06
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LMT

US$466.16

Lockheed Martin

7D

1.0%

1Y

2.9%

HWM

US$81.42

Howmet Aerospace

7D

5.6%

1Y

85.2%

EVTL

US$0.72

Vertical Aerospace

7D

-8.0%

1Y

-56.0%

ACHR

US$3.73

Archer Aviation

7D

-6.8%

1Y

56.7%

BA

US$180.35

Boeing

7D

5.2%

1Y

-10.2%

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LLAP

US$1.02

Terran Orbital

7D

-20.3%

1Y

-45.7%