TransDigm Group Incorporated (TDG)
TransDigm makes proprietary aerospace components used on commercial and military aircraft.
TDG vs TXT: how the two businesses compare
- Bigger business: TXT, with $14.8B of yearly revenue, about 1.7× TDG's $8.8B.
- More profitable: TDG keeps 23 cents of each sales dollar as profit, against 6 cents at TXT.
- More cash from each sale: TDG turns 23 cents of each sales dollar into operating cash flow, against 9 cents at TXT.
From each company's latest annual SEC filing. Fiscal years can end on different dates.
Textron (TXT) is the larger business by reported revenue: $14.8B in its fiscal year ended Jan 2026, about 1.7× TDG's $8.8B (fiscal year ended Sep 2025). TDG's net margin was 23.5% and TXT's 6.2%. The SEC places them in related industries (Aircraft Parts & Auxiliary Equipment, NEC; Aircraft & Parts), and both map to the Wars & geopolitics research theme.
Figures come from each company's own SEC filings. This page compares the businesses; it is not a price target or a verdict.
- Industrials
- Different
- Separate classifications
- Different
- TDG September 30 · TXT January 2
- Feb 11, 2026
TDG vs TXT: quick comparison
| Company fact | TDG | TXT |
|---|---|---|
| Company | TransDigm Group Incorporated | Textron Inc. |
| Exchange | NYSE | NYSE |
| SEC industry | Aircraft Parts & Auxiliary Equipment, NEC | Aircraft & Parts |
| Fiscal year-end | September 30 | January 2 |
| Latest annual filing | 10-K · 2025-11-12 | 10-K · 2026-02-11 |
TDG vs TXT: audited financials
- Scale: TXT's $14.8B of revenue is about 1.7× TDG's $8.8B.
- Net margin: TDG kept 23.5% of revenue as net income versus 6.2% at TXT.
- Cash conversion: operating cash flow equalled TDG 23.1% of revenue, or 0.98× net income; TXT 8.9% of revenue, or 1.42× net income. A ratio well above 1× usually reflects non-cash charges or working-capital release; well below 1× can reflect working-capital build or non-cash gains.
- Periods: the fiscal years end about 3 months apart (2025-09-30 for TDG, 2026-01-03 for TXT), so each figure reflects somewhat different demand and cost conditions.
| Metric | TDG | TXT |
|---|---|---|
| Revenue | $8.8B2024-10-01 to 2025-09-30 · SEC filing | $14.8B2024-12-29 to 2026-01-03 · SEC filing |
| Net income | $2.1B2024-10-01 to 2025-09-30 · SEC filing | $921M2024-12-29 to 2026-01-03 · SEC filing |
| Operating cash flow | $2.0B2024-10-01 to 2025-09-30 · SEC filing | $1.3B2024-12-29 to 2026-01-03 · SEC filing |
| Diluted EPS | $32.082024-10-01 to 2025-09-30 · SEC filing | $5.112024-12-29 to 2026-01-03 · SEC filing |
| Net margin | 23.5%2024-10-01 to 2025-09-30 · SEC filing | 6.2%2024-12-29 to 2026-01-03 · SEC filing |
TDG: FY ending 2025-09-30 · TXT: FY ending 2026-01-03. Figures as tagged in each issuer's SEC XBRL filing; fiscal calendars may not align.
Where TDG and TXT overlap, and where they don't
Overlap
- Related SEC industries: both sit in SIC major group 37.
- Shared research theme: Wars & geopolitics.
Differences
- Different four-digit SIC codes: TDG is 3728 (Aircraft Parts & Auxiliary Equipment, NEC); TXT is 3720 (Aircraft & Parts).
- Offset fiscal calendars: TDG's year ends September 30 and TXT's January 2, about 3 months apart.
- Scale: TXT reported about 1.7× the annual revenue of TDG.
- Profitability: net margin of 23.5% for TDG versus 6.2% for TXT.
Overlap is drawn from SEC classifications and Yield Theory research themes. It is not evidence that the companies sell to the same customers or compete product for product.
Textron Inc. (TXT)
Textron makes Cessna and Beechcraft aircraft, Bell helicopters, and defense products.
What moves each company
Company-specific drivers maintained by Yield Theory. Use them to decide which filing deserves deeper work; they are not predictions.
What moves TDG
We have not yet published a company-specific driver list for TDG. The primary source is Item 1 (Business) and Item 1A (Risk Factors) of its 10-K filed 2025-11-12.
What moves TXT
We have not yet published a company-specific driver list for TXT. The primary source is Item 1 (Business) and Item 1A (Risk Factors) of its 10-K filed 2026-02-11.
The investment question
You now know TXT reports about 1.7× TDG's revenue, and TDG keeps more of each dollar as net income. Those are the facts. The investment question is what each share price already assumes about their exposure to wars & geopolitics, and which evidence in the next filings would prove that assumption wrong.
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Read the full researchSEC filing comparison and disclosure evidence
Start with primary filings because fiscal calendars and accounting presentation can make superficially similar quarters incomparable. TDG's fiscal year ends September 30, while TXT's ends January 2. Normalize the reporting periods before comparing growth, margins, capital intensity, or guidance.
The current verified House and Senate snapshot contains 28 matched transaction rows for TDG and 7 matched transaction rows for TXT. These delayed, range-based disclosures can identify a filing to inspect; they do not establish motive, conviction, or a real-time trading signal.
TDG primary filings
TXT primary filings
What this comparison cannot tell you
This page does not contain licensed live prices, a valuation model, earnings estimates, portfolio constraints, or a forecast of future returns. SEC classifications can be broad, company descriptions can lag strategic change, and the latest annual filing may predate a material acquisition or divestiture. Read subsequent quarterly and current reports before making a decision.
A stronger business is not automatically the better stock. Starting valuation, expectations, capital structure, cyclicality, dilution, and the probability of each thesis determine the investment outcome. Use this comparison to frame the work, then verify the numbers in the linked filings and current company disclosures.
More comparisons involving TDG or TXT
TDG vs TXT FAQs
Are TDG and TXT direct competitors?
Not necessarily. TransDigm files as Aircraft Parts & Auxiliary Equipment, NEC and Textron as Aircraft & Parts. The pair is compared because both map to the Wars & geopolitics research theme, not because the filings show head-to-head competition.
Is TDG or TXT the bigger company by revenue?
Textron (TXT) is the larger business by reported revenue: $14.8B in its fiscal year ended Jan 2026, about 1.7× TDG's $8.8B (fiscal year ended Sep 2025). TDG's net margin was 23.5% and TXT's 6.2%. The SEC places them in related industries (Aircraft Parts & Auxiliary Equipment, NEC; Aircraft & Parts), and both map to the Wars & geopolitics research theme. Each figure is the annual amount tagged in the company's own SEC XBRL filing; market value depends on live prices, which this page does not publish.
Which is better, TDG or TXT?
There is no context-free winner. Compare the operating exposures, filing evidence, valuation, balance sheet, and risks against the specific thesis you are testing. This page deliberately does not turn a static profile into a buy or sell recommendation.
Does this TDG vs TXT comparison include live prices?
No. Yield Theory does not republish unlicensed real-time market data. The financial figures on this page are the audited annual numbers TransDigm Group Incorporated and Textron Inc. tagged in their SEC XBRL filings. Use a regulated broker or licensed quote provider for current prices and valuation multiples.
Where does the company information come from?
Company classifications, fiscal year-ends, and filing links come from the SEC EDGAR submissions API snapshot refreshed 2026-11-09. Business summaries and research themes are maintained by Yield Theory.
Data snapshot: SEC EDGAR submissions API, refreshed 2026-11-09. Independent educational research; not investment advice.
Which business differences matter to the investment thesis?
TDG vs TXT compares reported results. The reports below show how we connect operating evidence to an investment thesis, its assumptions, catalysts, and risks. $39/month or $249/year.
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