TransDigm Group Incorporated (TDG) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 8.58B | 6.97B | 7.01B | 6.92B | 6.41B | 6.16B | 10.03B | 7.06B | 8.28B | 7.4B | 6.74B | 6.25B | 7.46B | 5.93B | 5.65B | 6.31B | 6.56B | 6.97B | 7.03B | 6.72B |
| Cash & Short-Term Investments | 3.88B | 2.53B | 2.81B | 2.79B | 2.43B | 2.46B | 6.26B | 3.36B | 4.29B | 4.13B | 3.47B | 3.07B | 3.42B | 3.29B | 3B | 3.81B | 4.22B | 4.81B | 4.79B | 4.53B |
| Cash Only | 3.88B | 2.53B | 2.81B | 2.79B | 2.43B | 2.46B | 6.26B | 3.36B | 4.29B | 4.13B | 3.47B | 3.07B | 3.42B | 3.29B | 3B | 3.81B | 4.22B | 4.81B | 4.79B | 4.53B |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 1.72B | 1.56B | 1.62B | 1.52B | 1.44B | 1.28B | 1.38B | 1.3B | 1.2B | 1.15B | 1.23B | 1.16B | 1.02B | 860M | 967M | 883M | 794M | 673M | 791M | 694M |
| Days Sales Outstanding | 58.74 | 61.25 | 60.46 | 60.21 | 57.71 | 59.14 | 57.03 | 55.62 | 55.62 | 60.4 | 58.69 | 56.8 | 53.67 | 60.16 | 55.13 | 54.58 | 50.3 | 57.02 | 51.67 | 51.4 |
| Inventory | 2.4B | 2.37B | 2.1B | 2.08B | 2.01B | 1.93B | 1.88B | 1.88B | 1.75B | 1.71B | 1.62B | 1.6B | 1.53B | 1.44B | 1.33B | 1.32B | 1.24B | 1.22B | 1.19B | 1.23B |
| Days Inventory Outstanding | 210.23 | 198.78 | 203.07 | 205.78 | 204.65 | 219.67 | 188.31 | 200.01 | 205.31 | 202.47 | 192.72 | 199.31 | 203.69 | 211.04 | 191.25 | 200.29 | 189.16 | 209.38 | 193.58 | 199.21 |
| Other Current Assets | 575M | 506M | 492M | 522M | 530M | 482M | 511M | 523M | 1.04B | 408M | 420M | 419M | 1.49B | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 16.86B | 16.79B | 15.9B | 15.79B | 15.5B | 15.36B | 15.56B | 14.77B | 13.29B | 13.29B | 13.23B | 13.3B | 12.55B | 12.56B | 12.46B | 12.51B | 12.28B | 12.27B | 12.29B | 12.37B |
| Property, Plant & Equipment | 1.68B | 1.65B | 1.58B | 1.54B | 1.52B | 1.48B | 1.49B | 1.43B | 1.29B | 1.33B | 1.25B | 983M | 872M | 864M | 807M | 814M | 810M | 794M | 770M | 777M |
| Fixed Asset Turnover | 1.53x | 1.41x | 1.56x | 1.46x | 1.44x | 1.35x | 1.50x | 1.50x | 1.46x | 1.38x | 1.66x | 1.88x | 1.83x | 1.67x | 1.86x | 1.72x | 1.65x | 1.53x | 1.65x | 1.55x |
| Goodwill | 11.04B | 11.07B | 10.61B | 10.55B | 10.36B | 10.3B | 10.42B | 10.02B | 9.05B | 9.04B | 8.99B | 9.14B | 8.74B | 8.72B | 8.64B | 8.73B | 8.54B | 8.57B | 8.57B | 8.59B |
| Intangible Assets | 3.84B | 3.78B | 3.45B | 3.46B | 3.42B | 3.36B | 3.45B | 3.12B | 2.71B | 2.73B | 2.75B | 2.94B | 2.73B | 2.75B | 2.75B | 2.77B | 2.71B | 2.75B | 2.79B | 2.84B |
| Long-Term Investments | 0 | 118M | 102M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 303M | 157M | 150M | 235M | 201M | 218M | 204M | 202M | 247M | 185M | 242M | 234M | 212M | 227M | 260M | 198M | 214M | 157M | 156M | 160M |
| Total Assets | 25.44B | 23.76B | 22.91B | 22.7B | 21.91B | 21.52B | 25.59B | 21.83B | 21.58B | 20.68B | 19.97B | 19.55B | 20.01B | 18.49B | 18.11B | 18.82B | 18.84B | 19.24B | 19.32B | 19.09B |
| Asset Turnover | 0.10x | 0.10x | 0.11x | 0.10x | 0.10x | 0.09x | 0.09x | 0.09x | 0.09x | 0.09x | 0.09x | 0.09x | 0.08x | 0.08x | 0.08x | 0.07x | 0.07x | 0.06x | 0.07x | 0.06x |
| Asset Growth % | 16.15% | 10.42% | -10.46% | 3.99% | 1.52% | 4.01% | 28.12% | 11.62% | 7.84% | 11.88% | 10.29% | 3.91% | 6.19% | -3.91% | -6.25% | -1.41% | 0.54% | 3.69% | 5% | 5.01% |
| Total Current Liabilities | 2.44B | 2.54B | 2.18B | 2.21B | 2.07B | 2.28B | 6.34B | 1.85B | 2.23B | 1.82B | 1.58B | 1.53B | 2.52B | 1.41B | 1.43B | 1.34B | 1.3B | 1.38B | 1.66B | 1.64B |
| Accounts Payable | 425M | 385M | 368M | 328M | 319M | 315M | 323M | 320M | 302M | 288M | 305M | 292M | 292M | 271M | 279M | 248M | 238M | 212M | 227M | 206M |
| Days Payables Outstanding | 35.68 | 33.5 | 33.83 | 32.53 | 32.93 | 36.82 | 32.25 | 34.26 | 35 | 36.12 | 35.74 | 37.16 | 38.64 | 41.89 | 38 | 37.99 | 34.64 | 38.3 | 34.78 | 33.94 |
| Short-Term Debt | 853M | 849M | 848M | 744M | 743M | 747M | 584M | 528M | 1.07B | 530M | 420M | 417M | 1.51B | 424M | 426M | 425M | 424M | 426M | 626M | 626M |
| Deferred Revenue (Current) | 0 | 164M | 143M | 0 | 0 | 0 | 168M | 0 | 0 | 0 | 79M | 0 | 0 | 0 | 45M | 0 | 0 | 0 | 25M | 0 |
| Other Current Liabilities | 0 | 1.14B | 464M | 0 | 0 | 0 | 520M | 0 | 0 | 0 | 449M | 0 | 0 | 0 | 412M | 0 | 0 | 0 | 499M | 0 |
| Current Ratio | 3.52x | 2.75x | 3.21x | 3.13x | 3.09x | 2.70x | 1.58x | 3.81x | 3.71x | 4.07x | 4.27x | 4.08x | 2.96x | 4.21x | 3.96x | 4.69x | 5.05x | 5.06x | 4.23x | 4.11x |
| Quick Ratio | 2.53x | 1.81x | 2.25x | 2.19x | 2.12x | 1.85x | 1.29x | 2.80x | 2.92x | 3.13x | 3.24x | 3.03x | 2.35x | 3.19x | 3.03x | 3.71x | 4.09x | 4.18x | 3.51x | 3.36x |
| Cash Conversion Cycle | 233.29 | 226.53 | 229.7 | 233.46 | 229.43 | 241.99 | 213.08 | 221.37 | 225.94 | 226.75 | 215.67 | 218.94 | 218.72 | 229.31 | 208.38 | 216.88 | 204.82 | 228.1 | 210.47 | 216.67 |
| Total Non-Current Liabilities | 32.4B | 30.48B | 30.41B | 25.48B | 25.5B | 25.48B | 25.53B | 22.49B | 22.36B | 22.37B | 20.37B | 20.41B | 20.38B | 20.41B | 20.45B | 20.44B | 20.43B | 20.49B | 20.56B | 20.59B |
| Long-Term Debt | 31.15B | 29.2B | 29.17B | 24.27B | 24.31B | 24.3B | 24.3B | 21.36B | 21.33B | 21.35B | 19.33B | 19.35B | 19.35B | 19.19B | 19.37B | 19.24B | 19.25B | 19.39B | 19.37B | 19.38B |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 237M | 0 | 219M | 218M | 0 | 0 | 0 |
| Deferred Tax Liabilities | 715M | 721M | 759M | 766M | 761M | 762M | 766M | 708M | 606M | 611M | 627M | 619M | 599M | 607M | 596M | 588M | 552M | 503M | 485M | 420M |
| Other Non-Current Liabilities | 531M | 567M | 480M | 451M | 428M | 418M | 468M | 415M | 427M | 416M | 412M | 442M | 431M | 370M | 482M | 398M | 413M | 599M | 705M | 781M |
| Total Liabilities | 34.84B | 33.02B | 32.59B | 27.7B | 27.57B | 27.77B | 31.87B | 24.34B | 24.6B | 24.19B | 21.95B | 21.94B | 22.9B | 21.82B | 21.87B | 21.79B | 21.73B | 21.87B | 22.23B | 22.22B |
| Total Debt | 32B | 29.92B | 30.03B | 25.01B | 25.05B | 25.05B | 24.9B | 21.89B | 22.41B | 21.88B | 19.77B | 19.77B | 20.86B | 19.85B | 19.81B | 19.88B | 19.9B | 19.81B | 20.02B | 20.01B |
| Net Debt | 28.12B | 27.39B | 27.22B | 22.22B | 22.62B | 22.59B | 18.64B | 18.53B | 18.12B | 17.74B | 16.29B | 16.69B | 17.44B | 16.56B | 16.81B | 16.08B | 15.68B | 15B | 15.23B | 15.48B |
| Debt / Equity | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | 25.85x | 26.20x | 23.89x | 22.11x | 23.19x | 23.54x | 24.03x | 21.68x | 23.86x | 25.50x | 21.37x | 23.17x | 27.41x | 30.40x | 28.06x | 30.13x | 34.19x | 38.10x | 33.36x | 39.16x |
| Net Debt / EBITDA | 22.71x | 23.99x | 21.66x | 19.65x | 20.95x | 21.23x | 17.99x | 18.35x | 19.29x | 20.68x | 17.62x | 19.57x | 22.92x | 25.36x | 23.81x | 24.36x | 26.94x | 28.85x | 25.39x | 30.30x |
| Interest Coverage | 2.45x | 2.20x | 2.79x | 2.60x | 2.65x | 2.64x | 2.77x | 2.65x | 2.39x | 2.63x | 2.74x | 2.35x | 2.31x | 2.02x | 2.31x | 2.16x | 1.98x | 1.73x | 2.09x | 1.84x |
| Total Equity | -9.39B | -9.26B | -9.68B | -5B | -5.66B | -6.25B | -6.28B | -2.51B | -3.02B | -3.51B | -1.98B | -2.39B | -2.89B | -3.33B | -3.77B | -2.97B | -2.89B | -2.63B | -2.91B | -3.13B |
| Equity Growth % | -65.85% | -48.07% | -54.05% | -99.04% | -87.43% | -78.29% | -217.64% | -5.15% | -4.46% | -5.35% | 47.48% | 19.58% | 0% | -26.73% | -29.42% | 5.24% | 17.84% | 29.43% | 26.66% | 25.05% |
| Book Value per Share | -161.41 | -159.04 | -166.59 | -85.99 | -97.49 | -107.22 | -108.33 | -43.35 | -52.28 | -60.76 | -34.52 | -41.73 | -50.67 | -58.28 | -66.30 | -51.17 | -49.12 | -44.36 | -49.83 | -53.63 |
| Total Shareholders' Equity | -9.4B | -9.27B | -9.69B | -5B | -5.67B | -6.26B | -6.29B | -2.52B | -3.03B | -3.51B | -1.98B | -2.39B | -2.9B | -3.34B | -3.77B | -2.98B | -2.9B | -2.63B | -2.92B | -3.14B |
| Common Stock | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M |
| Retained Earnings | -9.64B | -10.17B | -10.61B | -5.92B | -6.41B | -6.88B | -7.36B | -3.42B | -3.87B | -4.27B | -2.62B | -3.03B | -3.38B | -3.69B | -3.91B | -3.11B | -3.35B | -3.54B | -3.71B | -3.91B |
| Treasury Stock | -3.04B | -2.31B | -2.21B | -2.21B | -2.08B | -2.02B | -1.71B | -1.71B | -1.71B | -1.71B | -1.71B | -1.71B | -1.71B | -1.71B | -1.71B | -1.71B | -1.46B | -794M | -794M | -794M |
| Accumulated OCI | -20M | 22M | -10M | 48M | -171M | -247M | -42M | -146M | -118M | -60M | -98M | -30M | -96M | -108M | -267M | -198M | -73M | -200M | -248M | -222M |
| Minority Interest | 8M | 7M | 7M | 8M | 7M | 7M | 7M | 8M | 7M | 7M | 6M | 7M | 8M | 8M | 7M | 8M | 6M | 7M | 6M | 6M |