TransDigm Group Inc. (TDG), a key figure in the aerospace components sector, has charted a distinctive path in the stock market since its public debut. The following table illustrates TransDigm Group’s stock performance annually from 2006 to 2023, highlighting a trajectory that underscores the company’s resilience and aggressive growth strategy in a complex and competitive industry.
Annual Returns of TransDigm Group Stock (TDG)
Year | Beginning | Ending | Gain/Loss | S&P 500 |
---|---|---|---|---|
2023 | $625.77 | $1011.60 | 61.66% | 24.73% |
2022 | $641.59 | $629.65 | -1.86% | -19.95% |
2021 | $587.67 | $636.28 | 8.27% | 28.79% |
2020 | $567.44 | $618.85 | 9.06% | 15.29% |
2019 | $339.65 | $560.00 | 64.88% | 28.71% |
2018 | $275.11 | $340.06 | 23.61% | -7.01% |
2017 | $250.54 | $274.62 | 9.61% | 18.42% |
2016 | $229.86 | $248.96 | 8.31% | 11.24% |
2015 | $197.75 | $228.45 | 15.52% | -0.69% |
2014 | $159.57 | $196.35 | 23.05% | 12.39% |
2013 | $140.00 | $161.02 | 15.01% | 26.39% |
2012 | $94.08 | $136.36 | 44.94% | 11.68% |
2011 | $73.75 | $95.68 | 29.74% | -1.12% |
2010 | $49.40 | $72.01 | 45.77% | 11.00% |
2009 | $33.45 | $47.49 | 41.97% | 19.67% |
2008 | $45.14 | $33.57 | -25.63% | -37.58% |
2007 | $25.41 | $45.17 | 77.76% | 3.65% |
2006 | $24.10 | $26.51 | 10.00% | 11.78% |
The table above displays the TDG Yearly Return Rate, highlighting TransDigm Group’s annual stock performance on a split-adjusted basis. This data does not include dividends, stock spin-offs, taxes, or transaction commissions.
TransDigm Group (TDG) Stock History
Foundational Growth and Market Entry (2006-2010)
TransDigm Group Inc. entered the public market in 2006. The initial years were marked by foundational growth and strategic positioning in the aerospace industry.
In 2007, the company experienced a notable surge of 77.76%, likely influenced by its aggressive acquisition strategy, including key companies that expanded its product range and market presence.
Despite the 2008 financial crisis, which led to a 25.63% drop, TransDigm showed resilience, rebounding strongly in 2009 and 2010 with growths of 41.97% and 45.77%, respectively, underscoring its robust business model and market adaptability.
Consolidation and Expansion (2011-2015)
This period saw TransDigm solidifying its market position through further acquisitions and expansion into new aerospace segments. Significant gains in 2011 (29.74%) and 2012 (44.94%) were reflective of successful integrations and increased market demand.
The company’s focus on innovation and expanding its proprietary product portfolio, along with strategic acquisitions like that of AmSafe Global Holdings in 2012, contributed to its steady growth, despite minor fluctuations, including a slight dip in 2015 (-0.69%).
Robust Performance and Strategic Acquisitions (2016-2020)
TransDigm continued its growth trajectory through strategic acquisitions and a focus on high-margin aftermarket products. The period was marked by consistent gains, with 2019 witnessing a significant increase of 64.88%, likely influenced by the acquisitions of Esterline Technologies and other key players, which expanded TransDigm’s product offerings and global footprint.
This era highlighted the company’s strong performance amidst evolving market dynamics and its successful strategy of acquiring businesses with proprietary aerospace components.
Adaptation and Resilience in a Changing Market (2021-2023)
The most recent years saw TransDigm navigating a complex global market, including challenges posed by the COVID-19 pandemic’s impact on the aerospace industry.
The slight decline in 2022 (-1.86%) could be attributed to these industry-wide pressures. However, the strong rebound in 2023, with a gain of 61.66%, demonstrated the company’s ability to adapt and thrive amidst challenges, possibly benefiting from a recovery in air travel and continued demand for its aerospace components.