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Astronics vs TransDigm: revenue, profit, margins and growth compared

Astronics brought in $862.1M of revenue in fiscal 2025, TransDigm $8.8B in fiscal 2025. Revenue changed by +8.4% at Astronics and +11.2% at TransDigm on the year before, so TransDigm grew faster. Astronics kept 3.4% of its revenue as net profit, TransDigm 23.5%. Free cash flow was $43.1M at Astronics and $1.8B at TransDigm.

Side by side, latest fiscal year

ATROTDG
Fiscal year endedFY2025 (December 31, 2025)FY2025 (September 30, 2025)
Revenue$862.1M$8.8B
Revenue growth+8.4%+11.2%
Net income$29.4M$2.1B
Net margin3.4%23.5%
Free cash flow$43.1M$1.8B
Free cash flow margin5.0%20.6%
Earnings per share (diluted)$0.81$32.08
Cash$18.2M$2.8B
Debt$334.5M$29.3B
Price to earnings83.534.6
Market value$2.9B$61.3B
Dividend yieldn/an/a
Rank by revenue in sector#293 of 587 · Industrials#77 of 587 · Industrials

Over the years

Revenue
ATRO FY2018: $803.3MATRO FY2019: $772.7MATRO FY2020: $502.6MATRO FY2021: $444.9MATRO FY2022: $534.9MATRO FY2023: $689.2MATRO FY2024: $795.4MATRO FY2025: $862.1MTDG FY2018: $3.8BTDG FY2019: $5.2BTDG FY2020: $5.1BTDG FY2021: $4.8BTDG FY2022: $5.4BTDG FY2023: $6.6BTDG FY2024: $7.9BTDG FY2025: $8.8BFY18FY19FY20FY21FY22FY23FY24FY25
ATRO $862.1MTDG $8.8B
Net income
ATRO FY2018: $46.8MATRO FY2019: $52MATRO FY2020: -$115.8MATRO FY2021: -$25.6MATRO FY2022: -$35.7MATRO FY2023: -$26.4MATRO FY2024: -$16.2MATRO FY2025: $29.4MTDG FY2018: $957MTDG FY2019: $890MTDG FY2020: $699MTDG FY2021: $680MTDG FY2022: $866MTDG FY2023: $1.3BTDG FY2024: $1.7BTDG FY2025: $2.1BFY18FY19FY20FY21FY22FY23FY24FY25
ATRO $29.4MTDG $2.1B
Net margin
ATRO FY2018: 5.8%ATRO FY2019: 6.7%ATRO FY2020: -23.0%ATRO FY2021: -5.7%ATRO FY2022: -6.7%ATRO FY2023: -3.8%ATRO FY2024: -2.0%ATRO FY2025: 3.4%TDG FY2018: 25.1%TDG FY2019: 17.0%TDG FY2020: 13.7%TDG FY2021: 14.2%TDG FY2022: 16.0%TDG FY2023: 19.7%TDG FY2024: 21.6%TDG FY2025: 23.5%FY18FY19FY20FY21FY22FY23FY24FY25
ATRO 3.4%TDG 23.5%
Revenue growth
ATRO FY2019: -3.8%ATRO FY2020: -35.0%ATRO FY2021: -11.5%ATRO FY2022: +20.2%ATRO FY2023: +28.8%ATRO FY2024: +15.4%ATRO FY2025: +8.4%TDG FY2019: +37.0%TDG FY2020: -2.3%TDG FY2021: -6.0%TDG FY2022: +13.2%TDG FY2023: +21.3%TDG FY2024: +20.6%TDG FY2025: +11.2%FY19FY20FY21FY22FY23FY24FY25
ATRO +8.4%TDG +11.2%
Free cash flow
ATRO FY2018: $38.6MATRO FY2019: $30.6MATRO FY2020: $29.9MATRO FY2021: -$11.6MATRO FY2022: -$36MATRO FY2023: -$31.6MATRO FY2024: $22.1MATRO FY2025: $43.1MTDG FY2018: $949MTDG FY2019: $913MTDG FY2020: $1.1BTDG FY2021: $808MTDG FY2022: $829MTDG FY2023: $1.2BTDG FY2024: $1.9BTDG FY2025: $1.8BFY18FY19FY20FY21FY22FY23FY24FY25
ATRO $43.1MTDG $1.8B

Fiscal years as each company reports them; the two may end in different months.

Questions about Astronics and TransDigm

Which is bigger by revenue, Astronics or TransDigm?

TransDigm is bigger by revenue: $8.8B in fiscal 2025, against $862.1M for Astronics in fiscal 2025.

Which keeps more of its revenue as profit, Astronics or TransDigm?

Astronics had a net margin of 3.4% in fiscal 2025; TransDigm had 23.5% in fiscal 2025.

Which grew revenue faster, Astronics or TransDigm?

In their latest fiscal years revenue changed by +8.4% at Astronics and +11.2% at TransDigm.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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