TransDigm Group — Nov 7, 2024 release
Fiscal 2024 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001260221-24-000082
Showing in the filing
Net income
“$1,887 million to $1,999 million”
Period
FY2025
Measure
GAAP-tied
Source
Prose
All guidance in this release · 10
Net sales for FY2025
“$8,750 million to $8,950 million”
Net income for FY2025
“$1,887 million to $1,999 million”
Earnings per share for FY2025
“$31.47 to $33.39 per share”
Weighted average shares outstanding for FY2025
“58.4 million shares”
EBITDA As Defined for FY2025
“$4,615 million to $4,755 million”
EBITDA As Defined margin guide for FY2025
“approximately 52.9%”
Adjusted earnings per share for FY2025
“$35.36 to $37.28 per share”
Commercial aftermarket revenue growth for FY2025
“high single-digit to low double-digit percentage range”
Defense revenue growth for FY2025
“high single-digit percentage range”
EBITDA for FY2025
“4,479”
Exhibit 99.1 · the passage around this item
… earlier in the release
TransDigm now expects fiscal 2025 financial guidance to be as follows: • Net sales are anticipated to be in the range of $8,750 million to $8,950 million compared with $7,940 million in fiscal 2024, an increase of 11.5% at the midpoint; • Net income is anticipated to be in the range of $1,887 million to $1,999 million compared with $1,715 million in fiscal 2024, an increase of 13.3% at the midpoint; • Earnings per share is expected to be in the range of $31.47 to $33.39 per share based upon weighted average shares outstanding of 58.4 million shares, compared with $25.62 per share in fiscal 2024, which is an increase of 26.6% at the midpoint; • EBITDA As Defined is anticipated to be in the range of $4,615 million to $4,755 million compared with $4,173 million in fiscal 2024, an increase of 12.3% at the midpoint (corresponding to an EBITDA As Defined margin guide of approximately 52.9% for fiscal 2025); • Adjusted earnings per share is expected to be in the range of $35.36 to $37.28 per share compared with $33.99 per share in fiscal 2024, an increase of 6.9% at the midpoint; and 3 • Fiscal 2025 outlook is based on the following market growth assumptions: ◦ Commercial OEM revenue growth in the mid single-digit percentage range; ◦ Commercial aftermarket revenue growth in the high single-digit to low double-digit percentage range; and ◦ Defense revenue growth in the high single-digit percentage range. Please see the attached Table 6 for a reconciliation of EBITDA, EBITDA As Defined to net income and
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.