TransDigm Group Incorporated
TDGHIGH VELOCITYFILING INTENSITYTransDigm Group Incorporated reads as an High Velocity (composite 78/100); Platform Builder deploying $4B across 8 disclosed transactions, up 155% vs the prior cycle · primary market A&D Components, ranked #4 on disclosed spend.
Lens
Disclosed M&A capital (2023–2025)
$3.5B
vs $1.4B in 2020–2022
Disclosed transactions
8
3/3 active fiscal years in window
Buyer archetype
Platform Builder
Large and recent disclosed spend expands platforms or service-line scale.
Composite score
78
High Velocity dominates · Filing Intensity
Behavioral posture, nine reads.
Each index scores the issuer 0–100 against an EDGAR-anchored definition. Scores ≥ threshold elevate the issuer into the index's constituent set; the dominant index drives the masthead label.
Active Acquirer
Companies actively deploying disclosed capital into M&A
- $15.3B disclosed buyer spend
- Filed within 21d
Buyer Cadence
Buyer-side companies with recent filing activity
- Filed within 21d
- 45 acquisition-history signals
- 432 8-Ks
Target Probability
Issuers showing target-side patterns from filings
- 20 activism filings
Spin/Carve
Issuers showing spin-off, carve-out, or sum-of-parts posture
- 20 activism filings
Pressure Watch
Issuers facing activism, governance, or control pressure
- 20 activism filings
- Latest activism 6.5y ago; heavily discounted
Distress Watch
Issuers showing financial-distress filing patterns
- 20 activism filings
Restatement Risk
Issuers with accounting-integrity flags from filings
- 1 non-reliance 8-K
- Latest event 16y ago; heavily discounted
Capital Velocity
DominantIssuers with the highest filing-activity intensity
- 432 8-Ks
- Filed within 21d
- 5 form types
Quiet Power
Large issuers with low signal volume and clean disclosure cadence
- Enterprise value $96.1B
- 10-Q 21d ago
- 3 active signals
Capital cadence.
Ten-year disclosed M&A activity. Bars show spend ($MM); ticks show recorded transaction count. Disclosure tier annotated where v6 audited corpus carries an entry.
Disclosed spend $MM Disclosed transactions (right axis)Peak spend year: $3,924M · Peak count: 6
| FY | Disclosed buys | Disclosed spend | Avg ticket | Audited tier |
|---|---|---|---|---|
| 2025 | N/A | $413M | N/A | N/A |
| 2024 | 6 | $2.3B | $391M | N/A |
| 2023 | 2 | $762M | $381M | N/A |
| 2022 | 2 | $437M | $219M | N/A |
| 2021 | 1 | $945M | $945M | N/A |
| 2020 | N/A | N/A | N/A | N/A |
Strategy posture.
The buyer's playbook in terms of strategic archetype: what each disclosed move says about how they're deploying capital.
Archetype mix
- Bolt On20%
- Platform20%
- Tuck In20%
- Horizontal Consolidation20%
- Geographic Expansion20%
Strategy keywords
Terms recurring across recent 10-K acquisition disclosures.
- bolt_on
- tuck_in
- platform
- horizontal_consolidation
- geographic_expansion
Filing language.
Direct excerpts from acquisition disclosures and strategy sections: the verbs the buyer chose, in the filings they signed.
“Many of these acquisitions have been integrated into an existing TransDigm production facility, which enables a higher production capacity utilization, which in turn improves gross profit levels due to the ability to spread the fixed manufacturing overhead costs over higher production volume.”
“We maintain a selective acquisition strategy, concentrating on proprietary commercial aerospace component businesses with significant aftermarket content where we see a clear path to value creation through the application of our three core value drivers.”
“The integration of acquisitions into our existing businesses combined with implementing our proven operating strategy has historically resulted in improvements in the financial performance of the acquired businesses.”
“We selectively pursue the acquisition of proprietary aerospace component businesses when we see an opportunity to create value through the application of our three core value-driven operating strategies.”
“Our selective acquisition strategy has also been an important contribution to the growth of our business.”
Market context.
Where this issuer sits inside its SE-Cluster rollup wedge, with disclosed-spend rank plus trading comparables against the public peer set.
Primary market
A&D Components
- Market spend (2023–2025)
- $32.8B
- Market spend (2020–2022)
- $12.9B
- Recent vs prior
- +153%
- Issuer rank in market
- #4 of 67
- Share of market capital
- 6.9%
Valuation positioning
TDG trades at a +2.5-turn premium to the A&D Components peer median of 17.6×.
- EV / Revenue
- 10.1×
- Net debt / EBITDA
- 5.7×
- Peer median EV / EBITDA
- 17.6×
Trading comparables
FMP market data · 2026-05-11
| Company | EV / EBITDA | EV / Rev | Net debt / EBITDA | Revenue | M&A 2023–2025 |
|---|---|---|---|---|---|
AMETEK, Inc.AME | 24.3× | 7.2× | 0.3× | $7.6B | $3.3B |
TransDigm Group IncorporatedTDG | 20.1× | 10.1× | 5.7× | $9.5B | $3.5B |
| 20.0× | 5.4× | 1.9× | $24.8B | N/A | |
| 17.6× | 5.0× | 1.1× | $18.3B | $9.1B | |
DOVER CorpDOV | 17.5× | 3.8× | 1.3× | $8.3B | $1.8B |
| 13.8× | 5.5× | 3.1× | $8.1B | $8.1B |
Trading multiples from FMP market data; disclosed M&A spend from the SE-Cluster EDGAR 10-K corpus. Peer set = top disclosed buyers in A&D Components. Bars scaled to the highest EV/EBITDA in the set.
Target landscape.
Public-issuer targets that fit this buyer's archetype and target categories from filing-derived signal. Scores reflect cross-signal fit; reasons cite the EDGAR-anchored facts that drove the match.
No qualifying public-issuer targets surfaced from the current signal mix.
Stated target categories
No target categories enumerated in the audited corpus for this issuer.
Filing activity & signal stream.
Filing cadence and event-driven signals visible on EDGAR. The signal stream below is curated from restatement / spin-carve / activism categories, providing context for any near-term call.
Filing cadence
- 10-K (annual)242025-11-12
- 10-Q (quarterly)662026-05-05
- 8-K (event)4322026-05-05
- Proxy / DEF 14A332026-01-23
- Activism (13D / DFAN / PREC)202019-11-26
Signals on file
- critical
Non-reliance disclosure
2010-02-101 Item 4.02 filing on file; financial-statement non-reliance.
- elevated
Activism on file
2019-11-2620 activist filings on file (13D, DFAN14A, PREC14A series).
- info
Signal
Disclosed acquisition spend
- info
Signal
10-K strategy themes
- info
Signal
Restatement risk
Audited corpus.
No audited record on file for this CIK in the current v6 corpus.
This issuer has not been extracted into the v6 audited acquirer corpus yet. The brief above pulls from ranking-level aggregates and issuer-index signal only.