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U.S. Aerospace & Defense Industry Analysis

UpdatedJun 19, 2024
DataAggregated Company Financials
Companies73
  • 7D0.5%
  • 3M2.1%
  • 1Y22.1%
  • YTD15.0%

Over the last 7 days, the Aerospace & Defense industry has remained flat, although notably Boeing declined by 5.7%. The past year has been better, since the industry has gained 22% in that time. Looking forward, earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 19 Jun 2024US$799.9bUS$381.1bUS$23.9b32.6x33.5x2.1x
Fri, 17 May 2024US$809.7bUS$380.8bUS$23.8b30.8x34x2.1x
Sun, 14 Apr 2024US$773.4bUS$371.9bUS$27.6b30.2x28x2.1x
Tue, 12 Mar 2024US$583.1bUS$303.9bUS$18.7b31.4x31.2x1.9x
Thu, 08 Feb 2024US$563.3bUS$302.8bUS$18.4b29.5x30.6x1.9x
Sat, 06 Jan 2024US$577.4bUS$302.1bUS$20.9b27.1x27.6x1.9x
Mon, 04 Dec 2023US$567.2bUS$301.6bUS$20.9b28.1x27.2x1.9x
Wed, 01 Nov 2023US$545.5bUS$300.4bUS$20.6b25.5x26.4x1.8x
Fri, 29 Sep 2023US$519.4bUS$306.0bUS$22.5b26.2x23x1.7x
Sun, 27 Aug 2023US$551.1bUS$305.7bUS$22.8b25.4x24.2x1.8x
Tue, 25 Jul 2023US$576.3bUS$299.3bUS$23.0b26.6x25.1x1.9x
Thu, 22 Jun 2023US$580.3bUS$297.4bUS$21.9b26x26.5x2x
Sat, 20 May 2023US$561.3bUS$300.1bUS$21.8b23.6x25.7x1.9x
Mon, 17 Apr 2023US$588.8bUS$294.8bUS$21.8b23.5x27x2x
Wed, 15 Mar 2023US$573.2bUS$294.6bUS$21.6b23.6x26.5x1.9x
Fri, 10 Feb 2023US$577.4bUS$292.0bUS$22.2b24.6x26.1x2x
Sun, 08 Jan 2023US$598.9bUS$287.1bUS$22.2b24.9x27x2.1x
Tue, 06 Dec 2022US$607.1bUS$286.9bUS$22.4b32x27.1x2.1x
Thu, 03 Nov 2022US$587.3bUS$282.9bUS$22.0b29.3x26.7x2.1x
Sat, 01 Oct 2022US$507.7bUS$280.6bUS$21.7b23.9x23.4x1.8x
Mon, 29 Aug 2022US$562.1bUS$280.5bUS$21.6b24.3x26x2x
Wed, 27 Jul 2022US$537.0bUS$284.2bUS$21.1b19.9x25.5x1.9x
Fri, 24 Jun 2022US$534.7bUS$284.8bUS$22.4b18.3x23.9x1.9x
Sun, 22 May 2022US$538.7bUS$284.7bUS$22.5b19.3x23.9x1.9x
Tue, 19 Apr 2022US$608.0bUS$285.3bUS$22.5b22.9x27.1x2.1x
Thu, 17 Mar 2022US$569.0bUS$288.2bUS$22.8b21.3x24.9x2x
Sat, 12 Feb 2022US$545.6bUS$287.5bUS$22.4b20.6x24.4x1.9x
Mon, 10 Jan 2022US$533.1bUS$286.0bUS$18.7b19.1x28.5x1.9x
Wed, 08 Dec 2021US$501.8bUS$285.9bUS$18.8b18.3x26.7x1.8x
Fri, 05 Nov 2021US$517.1bUS$285.5bUS$19.1b22.2x27.1x1.8x
Sun, 03 Oct 2021US$521.4bUS$284.5bUS$19.8b19.6x26.4x1.8x
Tue, 31 Aug 2021US$517.7bUS$284.5bUS$20.1b20.4x25.8x1.8x
Wed, 07 Jul 2021US$523.5bUS$282.8bUS$19.6b22.6x26.7x1.9x
Price to Earnings Ratio

26.7x


Total Market Cap: US$523.5bTotal Earnings: US$19.6bTotal Revenue: US$282.8bTotal 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 33.5x which is higher than its 3-year average PE of 26.8x.
  • The industry is trading close to its 3-year average PS ratio of 1.9x.
Past Earnings Growth
  • The earnings for companies in the Aerospace & Defense industry have grown 6.7% per year over the last three years.
  • Revenues for these companies have grown 10% 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 Market1.63%
Industrials0.94%
Aerospace & Defense0.49%
Aerospace and Defense0.49%
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$164.972.9%
+US$5.0b		58.6%PE43.1x
TDG TransDigm GroupUS$1.34k3.5%
+US$2.6b		63.0%PE51.7x
GD General DynamicsUS$298.001.8%
+US$1.5b		38.3%PE24.1x
HEI HEICOUS$228.782.3%
+US$699.4m		36.3%PE71.5x
AXON Axon EnterpriseUS$293.522.3%
+US$491.3m		43.3%PE84.4x
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HEI

US$228.78

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7D

2.3%

1Y

36.3%

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NOC

US$425.83

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7D

-0.9%

1Y

-6.3%

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US$293.52

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7D

2.3%

1Y

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CW

US$278.60

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7D

3.6%

1Y

58.7%

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GD

US$298.00

General Dynamics

7D

1.8%

1Y

38.3%

GE

US$164.97

General Electric

7D

2.9%

1Y

58.6%

RTX

US$104.77

RTX

7D

-2.0%

1Y

7.2%

HWM

US$80.20

Howmet Aerospace

7D

-3.6%

1Y

72.2%

SPCE

US$10.13

Virgin Galactic Holdings

7D

-43.8%

1Y

-91.6%

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MRCY

US$27.80

Mercury Systems

7D

-7.9%

1Y

-26.4%

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LHX

US$222.45

L3Harris Technologies

7D

1.0%

1Y

13.9%

LMT

US$460.00

Lockheed Martin

7D

-0.6%

1Y

0.4%

HXL

US$63.26

Hexcel

7D

-2.5%

1Y

-12.8%

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BA

US$174.99

Boeing

7D

-5.7%

1Y

-17.6%

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DRS

US$26.11

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7D

6.5%

1Y

54.0%

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