TransDigm Group Incorporated (TDG) quarterly cash flow statement — complete operating, investing & financing 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 |
|---|
| Cash from Operations | 135M | 832M | 507M | 631M | 148M | 752M | 572M | 608M | 229M | 636M | 462M | 406M | 130M | 377M | 273M | 309M | 87M | 279M | 289M | 252M |
| Operating CF Margin % | 5.31% | 36.41% | 20.8% | 28.21% | 6.88% | 37.49% | 26.17% | 29.72% | 11.93% | 35.55% | 24.95% | 23.28% | 8.17% | 26.99% | 18.08% | 22.1% | 6.56% | 23.37% | 22.6% | 20.69% |
| Operating CF Growth % | -8.78% | 10.64% | -11.36% | 3.78% | -35.37% | 18.24% | 23.81% | 49.75% | 76.15% | 68.7% | 69.23% | 31.39% | 49.43% | 35.13% | -5.54% | 22.62% | -11.22% | 1.82% | 30.18% | -36.52% |
| Net Income | 536M | 445M | 609M | 493M | 479M | 493M | 468M | 461M | 403M | 382M | 414M | 352M | 304M | 229M | 265M | 239M | 199M | 164M | 208M | 318M |
| Depreciation & Amortization | 105M | 111M | 96M | 92M | 89M | 90M | 93M | 85M | 72M | 71M | 69M | 70M | 66M | 63M | 65M | 60M | 62M | 65M | 65M | 64M |
| Stock-Based Compensation | 26M | 27M | 33M | 51M | 48M | 25M | 59M | 48M | 60M | 51M | 26M | 54M | 42M | 35M | 38M | 47M | 43M | 37M | 24M | 35M |
| Deferred Taxes | 0 | -1M | -7M | -1M | 0 | -2M | 10M | 1M | -1M | 14M | 4M | -1M | 0 | 0 | -21M | 0 | -1M | -1M | 20M | 14M |
| Other Non-Cash Items | 12M | 27M | 8M | 33M | 9M | -42M | 26M | 32M | 21M | 7M | 12M | 33M | 13M | 21M | -18M | -27M | -3M | -5M | -11M | -69M |
| Working Capital Changes | -544M | 223M | -232M | -37M | -477M | 188M | -84M | -19M | -326M | 111M | -63M | -102M | -295M | 29M | -56M | -10M | -213M | 19M | -17M | -110M |
| Change in Receivables | -159M | 94M | -86M | -54M | -253M | 80M | -62M | -58M | -58M | 94M | -78M | -101M | -154M | 121M | -99M | -83M | -125M | 117M | -101M | -16M |
| Change in Inventory | -49M | -96M | 11M | -44M | -44M | -79M | 36M | -26M | -36M | -78M | -17M | -68M | -87M | -89M | -26M | -46M | -30M | -32M | 39M | 8M |
| Change in Payables | 40M | -25M | 37M | 3M | 1M | -3M | -2M | 0 | 12M | -21M | 16M | -10M | 19M | -13M | 35M | 10M | 27M | -14M | 22M | -12M |
| Cash from Investing | -164M | -973M | -246M | -158M | -167M | -24M | -702M | -1.57B | -121M | -50M | -48M | -776M | -35M | -41M | -48M | -451M | -29M | -25M | -37M | 204M |
| Capital Expenditures | -71M | -60M | -66M | -58M | -56M | -42M | -41M | -40M | -48M | -36M | -37M | -36M | -35M | -31M | -33M | -29M | -32M | -25M | -25M | -20M |
| CapEx % of Revenue | 2.79% | 2.63% | 2.71% | 2.59% | 2.6% | 2.09% | 1.88% | 1.96% | 2.5% | 2.01% | 2% | 2.06% | 2.2% | 2.22% | 2.19% | 2.07% | 2.41% | 2.09% | 1.95% | 1.64% |
| Acquisitions | -93M | -907M | -180M | -99M | -111M | -29M | -661M | -1.6B | -73M | -14M | -11M | -740M | 0 | -10M | -15M | -422M | 3M | 0 | -12M | 224M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | -6M | 0 | -1M | 0 | 47M | 0 | 71M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | 1.39B | -141M | -231M | -129M | -24M | -4.52B | 3.02B | -516M | 601M | 67M | -5M | -1.08B | 1.13B | -65M | -1.03B | -244M | -647M | -225M | 4M | -1M |
| Debt Issued (Net) | 1.95B | 0 | 4.91B | -57M | -22M | 163M | 2.95B | -561M | 490M | 2.06B | -39M | -1.13B | 1.05B | -49M | -19M | -18M | -19M | -219M | -19M | -37M |
| Equity Issued (Net) | -561M | -77M | 19M | -131M | -53M | -281M | 32M | 48M | 113M | 52M | 36M | 60M | 92M | 27M | 33M | -245M | -627M | 40M | 22M | 37M |
| Dividends Paid | 0 | -59M | -5.23B | 0 | 0 | -4.4B | 0 | 0 | 0 | -2.04B | 0 | 0 | 0 | -38M | -1.04B | 0 | 0 | -46M | 0 | 0 |
| Share Repurchases | -615M | -106M | 0 | -131M | -53M | -316M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -245M | -667M | 0 | 0 | 0 |
| Other Financing | -1M | -5M | 69M | 59M | 51M | -2M | 36M | -3M | -2M | -2M | -2M | -7M | -6M | -5M | -1M | 19M | -1M | 0 | 1M | -1M |
| Net Change in Cash | 1.36B | -280M | 16M | 366M | -33M | -3.8B | 2.9B | -1.48B | 703M | 663M | 401M | -1.45B | 1.23B | 287M | -807M | -408M | -597M | 26M | 258M | 457M |
| Free Cash Flow | 64M | 772M | 441M | 573M | 92M | 710M | 531M | 568M | 181M | 600M | 425M | 370M | 95M | 346M | 240M | 280M | 55M | 254M | 264M | 232M |
| FCF Margin % | 2.52% | 33.79% | 18.1% | 25.61% | 4.28% | 35.39% | 24.29% | 27.76% | 9.43% | 33.54% | 22.95% | 21.22% | 5.97% | 24.77% | 15.89% | 20.03% | 4.14% | 21.27% | 20.64% | 19.05% |
| FCF Growth % | -30.43% | 8.73% | -16.95% | 0.88% | -49.17% | 18.33% | 24.94% | 53.51% | 90.53% | 73.41% | 77.08% | 32.14% | 72.73% | 36.22% | -9.09% | 20.69% | -20.29% | 4.53% | 47.49% | -39.74% |
| FCF per Share | 1.10 | 13.26 | 7.59 | 9.86 | 1.58 | 12.18 | 9.16 | 9.81 | 3.13 | 10.40 | 7.42 | 6.47 | 1.66 | 6.06 | 4.23 | 4.83 | 0.93 | 4.29 | 4.52 | 3.97 |
| FCF Conversion (FCF/Net Income) | 0.25x | 2.16x | 0.83x | 1.28x | 0.31x | 1.53x | 1.22x | 1.32x | 0.57x | 1.66x | 1.11x | 1.16x | 0.43x | 1.65x | 1.03x | 1.30x | 0.44x | 1.71x | 1.38x | 0.79x |
| Interest Paid | 658M | 185M | -908M | 311M | 435M | 162M | 381M | 232M | 340M | 205M | 352M | 263M | 273M | 272M | 266M | 212M | 301M | 273M | 234M | 209M |
| Taxes Paid | 259M | 58M | -504M | 132M | 335M | 37M | 67M | 122M | 339M | 11M | 29M | 77M | 0 | 0 | 82M | 43M | 78M | 17M | 32M | 25M |