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Industry · 30 scored · 61 listed

Aerospace & Defense Stocks in the US

The 30 Aerospace & Defense companies we score in the US are Space Exploration Technologies Corp. ($1.8T, the largest), GE Aerospace, RTX Corporation and 27 more. 5 of the 30 companies we score beat S&P 500 on share price over recent months (3 have no relative-strength reading yet). Prices are as of 6 Nov 2026.

Aerospace & Defense: RTX Corporation owns the largest revenue base; BETA Technologies, Inc. has the fastest current growth.

30Companies scored on this page, of 61 listed
$3.4TCombined market value all of them together
27/27Revenue growing revenue over the last 12 months up on a year earlier
5/30Beating S&P 500 share price doing better than the index (relative strength) (3 have no reading yet)
5 of 30 beat the S&P 500 on share price over recent months

The main question: the biggest companies are not always the ones changing the most.

Start with size. Then the direction of earnings. Then the quality of the business. A share price that leads means more once those three agree.

Which are the biggest Aerospace & Defense stocks in the US?

The largest Aerospace & Defense stocks in the US by market value are Space Exploration Technologies Corp. ($1.8T), GE Aerospace ($334.1B) and RTX Corporation ($255.7B), at prices of 6 Nov 2026.

The other 20 Aerospace & Defense companies are in the full list below.

Share price | market value | P/E, biggest first. Prices and market values as of 6 Nov 2026; ratios as in the score list below.

Which are the Aerospace & Defense stocks, ranked?

Ranked by the 4-Factor Sector Score (growth & earnings 35, capital efficiency 25, valuation 20, relative strength 20). Prices as of 6 Nov 2026.

  1. 1Lockheed Martin CorporationLMT · $130.9B72.5of 100favourable · strongest on ROCE and PEG
  2. 2HEICO CorporationHEI · $46.5B65.8of 100favourable · strongest on relative strength versus sector and profit growth
  3. 3Howmet Aerospace Inc.HWM · $81.8B64.8of 100mixed, leaning good · strongest on ROCE and ROCE improvement
  4. 4Honeywell Aerospace Inc.HONA · $48.5B61.6of 100provisional · strongest on ROCE and ROCE improvement
  5. 5Woodward, Inc.WWD · $18.7B60.4of 100mixed, leaning good · strongest on ROCE improvement and profit growth
  6. 6RTX CorporationRTX · $255.7B58.3of 100mixed, leaning good · strongest on relative strength versus sector and margin improvement
  7. 7StandardAero, Inc.SARO · $8.9B58.3of 100mixed, leaning good · strongest on profit growth and relative strength versus sector
  8. 8General Dynamics CorporationGD · $95.5B56.9of 100provisional · strongest on relative strength versus sector and 13-week relative-strength change
  9. 9Huntington Ingalls Industries, Inc.HII · $11.4B53.5of 100mixed, leaning good · strongest on PEG and profit growth
  10. 10Leonardo DRS, Inc.DRS · $9.1B53.3of 100mixed, leaning good · strongest on PEG and profit growth

Which Aerospace & Defense companies are listed in the US?

The largest 15 of 30 listed US Aerospace & Defense companies are named here; all 30 are ranked in the scorecard. Every figure is equal-weighted across those companies and carries its own as-of date. One large company cannot set the reading.

  1. Space Exploration Technologies Corp.$1.8T
  2. GE Aerospace$334.1B
  3. RTX Corporation$255.7B
  4. The Boeing Company$137.5B
  5. Lockheed Martin Corporation$130.9B
  6. General Dynamics Corporation$95.5B
  7. Howmet Aerospace Inc.$81.8B
  8. Northrop Grumman Corporation$74.6B
  9. TransDigm Group Incorporated$66.2B
  10. Honeywell Aerospace Inc.$48.5B
  11. L3Harris Technologies, Inc.$48.4B
  12. HEICO Corporation$46.5B
  13. Elbit Systems Ltd.$31.8B
  14. Rocket Lab Corporation$31.8B
  15. Axon Enterprise, Inc.$25.4B

The remaining 15 Aerospace & Defense companies are named and ranked in the scorecard.

How many Aerospace & Defense companies are listed in the US?

61 Aerospace & Defense companies in the Aerospace & Defense industry group (every listed company) have a page on Sector Alpha, by market value as of 6 November 2026, and all 61 are listed below, largest first. The largest is GE Aerospace ($334.1 billion) and the smallest with a market value is Sidus Space, Inc.

Every Aerospace & Defense company with a page, largest first
CompanyMarket value
1. GE Aerospace GE$334.1 billion
2. RTX Corporation RTX$255.7 billion
3. The Boeing Company BA$137.5 billion
4. Lockheed Martin Corporation LMT$130.9 billion
5. General Dynamics Corporation GD$95.5 billion
6. Howmet Aerospace Inc. HWM$81.8 billion
7. Northrop Grumman Corporation NOC$74.6 billion
8. TransDigm Group Incorporated TDG$66.2 billion
9. L3Harris Technologies, Inc. LHX$48.4 billion
10. HEICO Corporation HEI$46.5 billion
11. Elbit Systems Ltd. ESLT$31.8 billion
12. Rocket Lab Corporation RKLB$31.8 billion
13. Axon Enterprise, Inc. AXON$25.4 billion
14. Woodward, Inc. WWD$18.7 billion
15. FTAI Aviation Ltd. FTAI$18.4 billion
16. Curtiss-Wright Corporation CW$17.1 billion
17. Textron Inc. TXT$14.2 billion
18. Embraer S.A. EMBJ$13.3 billion
19. Huntington Ingalls Industries, Inc. HII$11.4 billion
20. BWX Technologies, Inc. BWXT$11 billion
21. Moog Inc. MOG-B$9.9 billion
22. Leonardo DRS, Inc. DRS$9.1 billion
23. StandardAero, Inc. SARO$8.9 billion
24. CAE Inc. CAE$8.6 billion
25. Loar Holdings Inc. LOAR$7.1 billion
26. Kratos Defense & Security Solutions, Inc. KTOS$6.6 billion
27. BETA Technologies, Inc. BETA$6.4 billion
28. Hexcel Corporation HXL$6.1 billion
29. Karman Holdings Inc. KRMN$6 billion
30. AeroVironment, Inc. AVAV$5.7 billion
31. VSE Corporation VSEC$5.4 billion
32. MDA Space Ltd. MDA$4.6 billion
33. Planet Labs PBC PL$4.6 billion
34. Mercury Systems, Inc. MRCY$4.4 billion
35. AAR Corp. AIR$4.3 billion
36. Firefly Aerospace Inc. FLY$3.5 billion
37. Intuitive Machines, Inc. LUNR$2.4 billion
38. V2X, Inc. VVX$2.4 billion
39. Astronics Corporation ATRO$2.4 billion
40. Ducommun Incorporated DCO$2 billion
41. Redwire Corporation RDW$1.8 billion
42. Voyager Technologies, Inc. VOYG$1.5 billion
43. HawkEye 360, Inc. HAWK$1.4 billion
44. Cadre Holdings, Inc. CDRE$1.4 billion
45. AEVEX Corp. AVEX$1.2 billion
46. National Presto Industries, Inc. NPK$1 billion
47. York Space Systems, Inc. YSS$860 million
48. Sturm, Ruger & Company, Inc. RGR$798 million
49. Smith & Wesson Brands, Inc. SWBI$779 million
50. Red Cat Holdings, Inc. RCAT$617 million
51. The Elmet Group Co. ELMT$598 million
52. Satellogic Inc. SATL$535 million
53. Park Aerospace Corp. PKE$515 million
54. TAT Technologies Ltd. TATT$481 million
55. Virgin Galactic Holdings, Inc. SPCE$420 million
56. Innovative Aerosystems, Inc. ISSC$348 million
57. EHang Holdings Limited EH$301 million
58. Outdoor Holding Company POWW$267 million
59. AIRO Group Holdings, Inc. AIRO$151 million
60. Merlin, Inc. MRLN$99 million
61. Sidus Space, Inc. SIDU$94 million

Download all 61 Aerospace & Defense companies (CSV)

How has Aerospace & Defense moved against S&P 500?

The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the last two years (104 weeks) this industry is 37% ahead of S&P 500. Earnings across its companies grew 24% on average over the last four reported quarters.

Basing · +2 joined

Price and the fundamentals both up. 9 of 60 companies ahead of S&P 500 by 5% or more over three months. 3 are 20% or more behind over a year while earnings grew 20% or more.

Not ahead of S&P 500 on the three-month view this week; 13 of the 57 companies in the industry index above their 200-day average (4 more than four weeks earlier); 9 of those 60 ahead of S&P 500 by 5% or more over three months (2 more than four weeks earlier); earnings rising at 45 of the 55 that report earnings.

Not ahead of S&P 500 yet, but 2 more stocks joined in four weeks, 7 → 9 of 60. Earnings confirming, 45 of 55 members have higher trailing twelve-month earnings than a year ago.

1Y

Aerospace & Defense against S&P 500

Both lines start at 200 in the first week shown

  • Aerospace & Defense 219
  • S&P 500 219
Aerospace & Defense against S&P 500
Week endingAerospace & DefenseS&P 500
14 Nov 2025200200
21 Nov 2025192196
28 Nov 2025202203
5 Dec 2025209204
12 Dec 2025216203
19 Dec 2025222203
26 Dec 2025225205
2 Jan 2026229203
9 Jan 2026256207
16 Jan 2026273206
23 Jan 2026270205
30 Jan 2026258206
6 Feb 2026250206
13 Feb 2026246203
20 Feb 2026258205
27 Feb 2026259204
6 Mar 2026259200
13 Mar 2026247197
20 Mar 2026243193
27 Mar 2026238189
3 Apr 2026252195
10 Apr 2026263202
17 Apr 2026271211
24 Apr 2026251213
1 May 2026252215
8 May 2026260220
15 May 2026256220
22 May 2026269222
29 May 2026292225
5 Jun 2026269220
12 Jun 2026272221
19 Jun 2026271222
26 Jun 2026258217
3 Jul 2026273222
10 Jul 2026256225
17 Jul 2026240221
24 Jul 2026245220
31 Jul 2026245222
7 Aug 2026272230
14 Aug 2026280231
21 Aug 2026261228
28 Aug 2026247229
4 Sep 2026241229
11 Sep 2026236227
18 Sep 2026235227
25 Sep 2026238230
2 Oct 2026231229
9 Oct 2026223232
16 Oct 2026215227
23 Oct 2026212226
30 Oct 2026219225
6 Nov 2026219219

3Y

Aerospace & Defense against S&P 500

Both lines start at 200 in the first week shown, every 2nd week shown

  • Aerospace & Defense 495
  • S&P 500 326
Aerospace & Defense against S&P 500
Week endingAerospace & DefenseS&P 500
17 Nov 2023200200
24 Nov 2023205202
8 Dec 2023214204
22 Dec 2023216210
5 Jan 2024209208
19 Jan 2024208214
2 Feb 2024212219
16 Feb 2024226222
1 Mar 2024230228
15 Mar 2024234226
29 Mar 2024244232
12 Apr 2024231227
26 Apr 2024235225
10 May 2024245231
24 May 2024247235
7 Jun 2024243237
21 Jun 2024243242
5 Jul 2024243246
19 Jul 2024251244
2 Aug 2024245236
16 Aug 2024263246
30 Aug 2024273250
13 Sep 2024271249
27 Sep 2024280254
11 Oct 2024287257
25 Oct 2024288257
8 Nov 2024309265
22 Nov 2024331264
6 Dec 2024344270
20 Dec 2024329262
3 Jan 2025342263
17 Jan 2025346265
31 Jan 2025359267
14 Feb 2025353271
28 Feb 2025344264
14 Mar 2025338250
28 Mar 2025336247
11 Apr 2025334237
25 Apr 2025350244
9 May 2025370250
23 May 2025385257
6 Jun 2025419266
20 Jun 2025415264
4 Jul 2025441277
18 Jul 2025469278
1 Aug 2025452276
15 Aug 2025452285
29 Aug 2025455286
12 Sep 2025467292
26 Sep 2025485294
10 Oct 2025501290
24 Oct 2025515300
7 Nov 2025468298
21 Nov 2025433292
5 Dec 2025472304
19 Dec 2025501302
2 Jan 2026519303
16 Jan 2026617307
30 Jan 2026583307
13 Feb 2026557302
27 Feb 2026586304
13 Mar 2026559294
27 Mar 2026538281
10 Apr 2026594301
24 Apr 2026567317
8 May 2026589327
22 May 2026608331
5 Jun 2026609327
19 Jun 2026614331
3 Jul 2026618330
17 Jul 2026543330
31 Jul 2026554331
14 Aug 2026633344
28 Aug 2026558341
11 Sep 2026533339
25 Sep 2026539342
9 Oct 2026505345
23 Oct 2026479337
6 Nov 2026495326

5Y

Aerospace & Defense against S&P 500

Both lines start at 200 in the first week shown, every 4th week shown

  • Aerospace & Defense 530
  • S&P 500 314
Aerospace & Defense against S&P 500
Week endingAerospace & DefenseS&P 500
19 Nov 2021200200
10 Dec 2021189201
7 Jan 2022192199
4 Feb 2022179191
4 Mar 2022191184
1 Apr 2022201193
29 Apr 2022184176
27 May 2022180177
24 Jun 2022168166
22 Jul 2022171169
19 Aug 2022185180
16 Sep 2022172164
14 Oct 2022160153
11 Nov 2022188170
9 Dec 2022178168
6 Jan 2023183166
3 Feb 2023198176
3 Mar 2023206172
31 Mar 2023196175
28 Apr 2023194177
26 May 2023194179
23 Jun 2023205185
21 Jul 2023218193
18 Aug 2023214186
15 Sep 2023213189
13 Oct 2023209184
10 Nov 2023208188
8 Dec 2023229196
5 Jan 2024224200
2 Feb 2024227211
1 Mar 2024246219
29 Mar 2024262223
26 Apr 2024251217
24 May 2024264226
21 Jun 2024261232
19 Jul 2024269234
16 Aug 2024282236
13 Sep 2024290240
11 Oct 2024307247
8 Nov 2024331255
6 Dec 2024368259
3 Jan 2025367253
31 Jan 2025384257
28 Feb 2025369253
28 Mar 2025360237
25 Apr 2025374235
23 May 2025412247
20 Jun 2025445253
18 Jul 2025502268
15 Aug 2025484274
12 Sep 2025500280
10 Oct 2025537279
7 Nov 2025501286
5 Dec 2025506292
2 Jan 2026556291
30 Jan 2026625295
27 Feb 2026628293
27 Mar 2026576270
24 Apr 2026608305
22 May 2026652318
19 Jun 2026658319
17 Jul 2026582317
14 Aug 2026678331
11 Sep 2026571326
9 Oct 2026542332
6 Nov 2026530314

Earnings, each company rebased to 100, the sector takes the median

Latest quarter July to September 2026: 178.8, from 25 companies

Earnings, each company rebased to 100, the sector takes the median
QuarterMedian earnings index
Jan 2022100.0 (19 companies)
Apr 2022100.0 (30 companies)
Jul 2022100.9 (32 companies)
Oct 2022104.5 (35 companies)
Jan 2023108.7 (22 companies)
Apr 2023116.5 (29 companies)
Jul 2023110.6 (35 companies)
Oct 2023116.4 (31 companies)
Jan 2024104.9 (27 companies)
Apr 2024109.7 (27 companies)
Jul 2024111.1 (28 companies)
Oct 2024104.7 (29 companies)
Jan 2025122.5 (33 companies)
Apr 2025139.1 (31 companies)
Jul 2025132.8 (31 companies)
Oct 2025141.7 (29 companies)
Jan 2026211.0 (28 companies)
Apr 2026198.6 (31 companies)
Jul 2026178.8 (25 companies)

Both lines start at 200 in the same week, so the gap between them tells the story: the industry line is an equal-weighted index of its 60 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member set to 100 at the start and the industry taking the middle value, so a price line pulling away from flat bars means the market is paying more for the same earnings. A bar turns grey when that figure is lower than the quarter before. The rules are fixed and the same everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover or tap any point to read both values and the gap.

Is Aerospace & Defense outperforming S&P 500?

Aerospace & Defense has done worse than the S&P 500 by 7.7% over the last 52 weeks. Over 13 weeks the gap is a shortfall of 9.7%. BETA Technologies, Inc. is the strongest against the sector itself at +39.2%.

−9.7%Sector vs S&P 500 · 13 weeks
−7.7%Sector vs S&P 500 · 52 weeks
5 of 30Stocks leading S&P 500
13 of 30Stocks leading the sector

What is the bottom line on Aerospace & Defense?

Aerospace & Defense has done worse than the S&P 500 by 7.7% over 52 weeks and by 9.7% over 13 weeks. 5 of 30 companies we track are beating the S&P 500 on relative strength (how a share price has done against the index over recent months) (3 have no relative-strength reading yet), and 13 of the 27 with a long enough price history are ahead of the industry itself.

How does each Aerospace & Defense stock score?

A score that ranks each company against the others in its industry. The four parts shown always add up to the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or old evidence affects only its own part, never as a hidden adjustment.

Growth & earnings · 35% Capital efficiency · 25% Valuation · 20% Relative strength · 20%

Lockheed Martin Corporation has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 81.1% evidence confidence.

Northrop Grumman Corporation scores well on valuation against its peers or its own history, but its earnings have not yet improved enough to back that up.

  1. 1Lockheed Martin CorporationLMT · turning · favourable · 81% evidence72.5out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 21.4/35 · Revenue 7.9% · PAT 55.1% · OPM change −0.3 pp · 83% evidenceCapital efficiency 18.9/25 · ROCE 21.5% · OPM 11.4% · 76% evidenceValuation 16.0/20 · P/E 18.4× · PEG 0.32 · 65% evidenceRelative strength 16.2/20 · RS sector 10.5% · RS bench −0.4% · 1Y 23.7% · 100% evidence · 2 of 12 weeks aheadExact sum: 21.4 + 18.9 + 16 + 16.2 = 72.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  2. 2HEICO CorporationHEI · basing · favourable · 81% evidence65.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 23.8/35 · Revenue 20.7% · PAT 31.9% · OPM change 2 pp · 83% evidenceCapital efficiency 16.2/25 · ROCE 14% · OPM 25.1% · 76% evidenceValuation 8.9/20 · P/E 48.9× · PEG 1.56 · 65% evidenceRelative strength 16.9/20 · RS sector 12.2% · RS bench 1.5% · 1Y 3% · 100% evidence · 1 of 12 weeks aheadExact sum: 23.8 + 16.2 + 8.9 + 16.9 = 65.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  3. 3Howmet Aerospace Inc.HWM · quiet · mixed, leaning good · 81% evidence64.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 27.4/35 · Revenue 22% · PAT 41.8% · OPM change 3.1 pp · 83% evidenceCapital efficiency 21.3/25 · ROCE 24.6% · OPM 28.8% · 76% evidenceValuation 12.6/20 · P/E 43.9× · PEG 1.01 · 65% evidenceRelative strength 3.5/20 · RS sector −7.1% · RS bench −16.1% · 1Y −0.4% · 100% evidence · 0 of 12 weeks aheadExact sum: 27.4 + 21.3 + 12.6 + 3.5 = 64.8 · What this means: Earnings are strong; relative strength in its sector is −7.1% and the one-year return is −0.4%.
  4. 4Honeywell Aerospace Inc.HONA · quiet · provisional · 51% evidence61.6out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 23.2/43.75 · Revenue 6.5% · PAT −28.4% · OPM change 4.4 pp · 83% evidenceCapital efficiency 25.2/31.25 · ROCE 21.1% · OPM 23.7% · 76% evidenceValuation 13.2/25 · P/E 22.4× · PEG — · 15% evidenceRelative strength: no reading this week · its 20 points are shared across the other threeExact sum: 23.2 + 25.2 + 13.2 = 61.6 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
  5. 5Woodward, Inc.WWD · quiet · mixed, leaning good · 66% evidence60.4out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 24.7/35 · Revenue 22.4% · PAT 42.9% · OPM change 4.7 pp · 53% evidenceCapital efficiency 16.4/25 · ROCE 18.1% · OPM 17.8% · 57% evidenceValuation 11.9/20 · P/E 45.9× · PEG 1.09 · 65% evidenceRelative strength 7.4/20 · RS sector −1.9% · RS bench −11.5% · 1Y 19.2% · 100% evidence · 0 of 12 weeks aheadExact sum: 24.7 + 16.4 + 11.9 + 7.4 = 60.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  6. 6RTX CorporationRTX · quiet · mixed, leaning good · 81% evidence58.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 22.5/35 · Revenue 11.6% · PAT 27.6% · OPM change 3.2 pp · 83% evidenceCapital efficiency 12.6/25 · ROCE 11.1% · OPM 15.5% · 76% evidenceValuation 12.3/20 · P/E 29.8× · PEG 1.12 · 65% evidenceRelative strength 10.9/20 · RS sector 6.2% · RS bench −3.9% · 1Y 7.1% · 100% evidence · 3 of 12 weeks aheadExact sum: 22.5 + 12.6 + 12.3 + 10.9 = 58.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  7. 7StandardAero, Inc.SARO · basing · mixed, leaning good · 71% evidence58.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 20.3/35 · Revenue 8.7% · PAT 88.7% · OPM change 1.4 pp · 83% evidenceCapital efficiency 9.9/25 · ROCE 11.1% · OPM 10.3% · 76% evidenceValuation 10.8/20 · P/E 19.9× · PEG — · 15% evidenceRelative strength 17.3/20 · RS sector 11.3% · RS bench 0% · 1Y 2.9% · 100% evidence · 0 of 12 weeks aheadExact sum: 20.3 + 9.9 + 10.8 + 17.3 = 58.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  8. 8General Dynamics CorporationGD · basing · provisional · 58% evidence56.9out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 16.9/35 · Revenue — · PAT — · OPM change 0.4 pp · 45% evidenceCapital efficiency 14.4/25 · ROCE 14.2% · OPM 10.5% · 76% evidenceValuation 10.9/20 · P/E 19.1× · PEG — · 15% evidenceRelative strength 14.7/20 · RS sector 8.1% · RS bench −2.1% · 1Y 2.2% · 100% evidence · 2 of 12 weeks aheadExact sum: 16.9 + 14.4 + 10.9 + 14.7 = 56.9 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
  9. 9Huntington Ingalls Industries, Inc.HII · basing · mixed, leaning good · 81% evidence53.5out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 20.8/35 · Revenue 12.6% · PAT 28.8% · OPM change 1.5 pp · 83% evidenceCapital efficiency 9.4/25 · ROCE 9% · OPM 7.7% · 76% evidenceValuation 15.9/20 · P/E 14.4× · PEG 0.51 · 65% evidenceRelative strength 7.4/20 · RS sector −6.6% · RS bench −16.4% · 1Y −6.7% · 100% evidence · 0 of 12 weeks aheadExact sum: 20.8 + 9.4 + 15.9 + 7.4 = 53.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  10. 10Leonardo DRS, Inc.DRS · basing · mixed, leaning good · 81% evidence53.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 20.9/35 · Revenue 8.8% · PAT 37.7% · OPM change 1.1 pp · 83% evidenceCapital efficiency 13.7/25 · ROCE 13.1% · OPM 10.9% · 76% evidenceValuation 14.8/20 · P/E 26.8× · PEG 0.72 · 65% evidenceRelative strength 3.9/20 · RS sector −9.3% · RS bench −18.3% · 1Y −3.7% · 100% evidence · 0 of 12 weeks aheadExact sum: 20.9 + 13.7 + 14.8 + 3.9 = 53.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  11. 11Hexcel CorporationHXL · quiet · mixed, leaning good · 81% evidence52.2out of 100GrowthCapitalValuationRelative
  12. 12Elbit Systems Ltd.ESLT · quiet · mixed, leaning good · 66% evidence51.5out of 100GrowthCapitalValuationRelative
  13. 13TransDigm Group IncorporatedTDG · turning · mixed, leaning good · 66% evidence51.5out of 100GrowthCapitalValuationRelative
  14. 14Loar Holdings Inc.LOAR · turning · mixed, leaning good · 81% evidence51.1out of 100GrowthCapitalValuationRelative
  15. 15Northrop Grumman CorporationNOC · basing · mixed, leaning good · 81% evidence50.6out of 100GrowthCapitalValuationRelative
  16. 16BETA Technologies, Inc.BETA · turning · provisional · 55% evidence50.2out of 100GrowthCapitalValuationRelative
  17. 17Embraer S.A.EMBJ · leader · mixed, leaning weak · 66% evidence49.8out of 100GrowthCapitalValuationRelative
  18. 18GE AerospaceGE · quiet · mixed, leaning weak · 81% evidence49.7out of 100GrowthCapitalValuationRelative
  19. 19Textron Inc.TXT · basing · mixed, leaning weak · 64% evidence48.2out of 100GrowthCapitalValuationRelative
  20. 20L3Harris Technologies, Inc.LHX · basing · mixed, leaning weak · 85% evidence48.1out of 100GrowthCapitalValuationRelative
  21. 21Curtiss-Wright CorporationCW · basing · mixed, leaning weak · 81% evidence48.0out of 100GrowthCapitalValuationRelative
  22. 22CAE Inc.CAE · turning · provisional · 56% evidence47.1out of 100GrowthCapitalValuationRelative
  23. 23FTAI Aviation Ltd.FTAI · quiet · mixed, leaning weak · 81% evidence43.2out of 100GrowthCapitalValuationRelative
  24. 24BWX Technologies, Inc.BWXT · basing · mixed, leaning weak · 81% evidence41.2out of 100GrowthCapitalValuationRelative
  25. 25Rocket Lab CorporationRKLB · quiet · provisional · 51% evidence40.5out of 100GrowthCapitalValuationRelative
  26. 26The Boeing CompanyBA · quiet · mixed, leaning weak · 64% evidence39.3out of 100GrowthCapitalValuationRelative
  27. 27Axon Enterprise, Inc.AXON · quiet · mixed, leaning weak · 64% evidence39.3out of 100GrowthCapitalValuationRelative
  28. 28Kratos Defense & Security Solutions, Inc.KTOS · quiet · weak · 71% evidence25.0out of 100GrowthCapitalValuationRelative

Ranked last: too little evidence (2 companies)

Under 60% of the evidence behind these scores is available, so they rank after every company above, whatever the score.

  1. 29Moog Inc.MOG-B · quiet · provisional · 26% evidence56.4out of 100GrowthCapitalValuationRelative
  2. 30Space Exploration Technologies Corp.SPCX · breaking out · provisional · 38% evidence43.6out of 100GrowthCapitalValuationRelative
How this score is built, and what the marks mean

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

How have Aerospace & Defense share prices moved?

Moog Inc. has the strongest one-year price move in Aerospace & Defense at +51.2%. BETA Technologies, Inc. leads on relative strength against the S&P 500, at +26.5%. 5 of 30 companies we track are ahead of the index on that measure (3 have no relative-strength reading yet). Every line covers 313 weekly closes through 6 November 2026.

Price and relative strength

Price · same starting point: Every company, the sector's own index and S&P 500 all start level on the left edge of the window, so only the distance between the lines counts: the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.

RS vs S&P 500: How far ahead of or behind S&P 500 each company has been running, measured against its own recent average of that comparison, so the flat line at zero IS S&P 500: above it the company is beating the market, below it the market is beating the company. It opens on one year.

RS vs sector: The same measure taken against Aerospace & Defense itself instead of the whole market, so the flat line at zero is the sector: above it the company is beating its own peers, which is the sharper test of the two. It opens on one year.

1Y

Price of the 5 strongest one-year movers, each started at 100

52 weekly closes

  • Moog Inc. 148
  • Elbit Systems 144
  • Lockheed Martin 122
  • Woodward, Inc. 122
  • Hexcel Corporation 116
  • S&P 500 109
Price of the 5 strongest one-year movers, each started at 100
Week endingMoog Inc.Elbit SystemsLockheed MartinWoodward, Inc.Hexcel CorporationS&P 500
14 Nov 2025–100100100100100
21 Nov 2025–1009910110598
28 Nov 20251009998115110102
5 Dec 202510910297117111102
12 Dec 2025112109103114106102
19 Dec 2025111117102118108101
26 Dec 2025114121104120110103
2 Jan 2026111125107119111102
9 Jan 2026121145117124117103
16 Jan 2026134155125128120103
23 Jan 2026134152127126122103
30 Jan 2026–149136122120103
6 Feb 2026151141134149125103
13 Feb 2026148143140146130102
20 Feb 2026156153141151130103
27 Feb 2026157163141149134102
6 Mar 2026156198144144128100
13 Mar 202613818413913711599
20 Mar 202613919513513611497
27 Mar 2026–18413213511594
3 Apr 202613618813414311598
10 Apr 2026143196132149121101
17 Apr 2026149185127152129106
24 Apr 2026146174110140129106
1 May 2026137176110139134107
8 May 2026147165109142138110
15 May 2026142159111134128110
22 May 2026146162115135125111
29 May 2026164186114134130113
5 Jun 2026146174113137129110
12 Jun 2026182181116149141110
19 Jun 2026196167110165141111
26 Jun 2026193151109166140109
3 Jul 2026193170117161144111
10 Jul 2026187159112156144112
17 Jul 2026180157109151150111
24 Jul 2026183173125161160110
31 Jul 2026182171125139149111
7 Aug 2026187182126139150115
14 Aug 2026–166131142151116
21 Aug 2026181157121132136114
28 Aug 2026175150121131137115
4 Sep 2026170149113133133115
11 Sep 2026166154113130134114
18 Sep 2026165157115124128113
25 Sep 2026179155112127124115
2 Oct 2026179147109127125115
9 Oct 2026167139109129123116
16 Oct 2026171160119126131114
23 Oct 2026152156130117115113
30 Oct 2026159165137117113113
6 Nov 2026148144122122116109
A break or a faint dotted stretch in a line is a week with no recorded close: Moog Inc., 3 gaps (3 weeks), Jan 2026 to Aug 2026.

3Y

Price of the 5 strongest one-year movers, each started at 100

156 weekly closes, every 2nd shown

  • Moog Inc. 159
  • Elbit Systems 344
  • Lockheed Martin 128
  • Woodward, Inc. 243
  • Hexcel Corporation 122
  • S&P 500 163
Price of the 5 strongest one-year movers, each started at 100
Week endingMoog Inc.Elbit SystemsLockheed MartinWoodward, Inc.Hexcel CorporationS&P 500
17 Nov 2023–100100100100100
24 Nov 2023–107102102103101
8 Dec 2023–105101102108102
22 Dec 2023–109101103112105
5 Jan 2024–105103102108104
19 Jan 2024–105103104108107
2 Feb 2024–10496104104110
16 Feb 2024–10395105112111
1 Mar 2024–11496109114114
15 Mar 2024–10198113108113
29 Mar 2024–106102118110116
12 Apr 2024–9910111295113
26 Apr 2024–10110411597113
10 May 2024–100105136109116
24 May 2024–100105141107117
7 Jun 2024–93106139101119
21 Jun 2024–9110514099121
5 Jul 2024–9410413298123
19 Jul 2024–9210713595122
2 Aug 2024–9112311794118
16 Aug 2024–10112611995123
30 Aug 2024–10312812796125
13 Sep 2024–10012812692125
27 Sep 2024–9813113094127
11 Oct 2024–10413612592129
25 Oct 2024–10612612695129
8 Nov 2024–11612713794133
22 Nov 2024–12612213593132
6 Dec 2024–12711513795135
20 Dec 2024–13011012995131
3 Jan 2025–13310813496131
17 Jan 2025–150110145101133
31 Jan 2025–15410414299134
14 Feb 2025–1509514399135
28 Feb 2025–15710114596132
14 Mar 2025–18510513886125
28 Mar 2025–1959914085123
11 Apr 2025–20510712879118
25 Apr 2025–19110713976122
9 May 2025–21110715078125
23 May 2025–19110516178129
6 Jun 2025–21210817985133
20 Jun 2025–22110618282132
4 Jul 2025–22410419387139
18 Jul 202510021810419892139
1 Aug 2025992349519890138
15 Aug 2025992349818894143
29 Aug 20259824210318996143
12 Sep 20259825710618294146
26 Sep 202510124911019196147
10 Oct 202510225311418994145
24 Oct 2025–248109203110150
7 Nov 2025105236103204105149
21 Nov 2025–239104201110146
5 Dec 2025117244102232116152
19 Dec 2025119279107234113151
2 Jan 2026119298112238116152
16 Jan 2026143368131255125153
30 Jan 2026–354143243125154
13 Feb 2026159341147290136151
27 Feb 2026168387148296140152
13 Mar 2026148439145273120147
27 Mar 2026–438139269120141
10 Apr 2026154466138297127151
24 Apr 2026157414116279135158
8 May 2026158394114283144164
22 May 2026157387120269131165
5 Jun 2026156415118274135164
19 Jun 2026210397115329148166
3 Jul 2026207405123320150165
17 Jul 2026193374114301157165
31 Jul 2026195407131276156166
14 Aug 2026–395137283158172
28 Aug 2026188357127261144171
11 Sep 2026179367118258141170
25 Sep 2026192370117253130171
9 Oct 2026180330115257129173
23 Oct 2026164370136232121169
6 Nov 2026159344128243122163
A break or a faint dotted stretch in a line is a week with no recorded close: Moog Inc., 7 gaps (9 weeks), Sep 2025 to Aug 2026.

5Y

Price of the 5 strongest one-year movers, each started at 100

260 weekly closes, every 4th shown

  • Moog Inc. 159
  • Elbit Systems 449
  • Lockheed Martin 166
  • Woodward, Inc. 278
  • Hexcel Corporation 136
  • S&P 500 157
Price of the 5 strongest one-year movers, each started at 100
Week endingMoog Inc.Elbit SystemsLockheed MartinWoodward, Inc.Hexcel CorporationS&P 500
19 Nov 2021–100100100100100
10 Dec 2021–1051019587100
7 Jan 2022–116106989299
4 Feb 2022–110114978996
4 Mar 2022–1341341049192
1 Apr 2022–14513111010197
29 Apr 2022–141127979288
27 May 2022–129132909989
24 Jun 2022–135123828783
22 Jul 2022–147116859684
19 Aug 2022–1381298910490
16 Sep 2022–130121799682
14 Oct 2022–133114749076
11 Nov 2022–1311368810085
9 Dec 2022–113142819984
6 Jan 2023–1131399010583
3 Feb 2023–1121359111888
3 Mar 2023–1111409012686
31 Mar 2023–1121398511587
28 Apr 2023–1211368412289
26 May 2023–1271319512090
23 Jun 2023–13913510012192
21 Jul 2023–14213310612796
18 Aug 2023–13213211012093
15 Sep 2023–13112411311595
13 Oct 2023–13912911211292
10 Nov 2023–12513011811094
8 Dec 2023–13713111712098
5 Jan 2024–137134117121100
2 Feb 2024–136125119116105
1 Mar 2024–148125125127109
29 Mar 2024–138133135123112
26 Apr 2024–132135132108108
24 May 2024–131137162119113
21 Jun 2024–119137160110116
19 Jul 2024–120139155106117
16 Aug 2024–132164136106118
13 Sep 2024–131167145103120
11 Oct 2024–135177143102124
8 Nov 2024–151165156104128
6 Dec 2024–166150157106130
3 Jan 2025–173141153106126
31 Jan 2025–201136162110128
28 Feb 2025–205132166107127
28 Mar 2025–25512916195119
25 Apr 2025–25014015985117
23 May 2025–24913718587124
20 Jun 2025–28813820892127
18 Jul 2025100285136226102134
15 Aug 202599305128215104137
12 Sep 202598335138209105140
10 Oct 2025102330148217105139
7 Nov 2025105308134233117143
5 Dec 2025117319132266129146
2 Jan 2026119389146272130146
30 Jan 2026–462186278140148
27 Feb 2026168506193339156146
27 Mar 2026–572180308134135
24 Apr 2026157541150320151152
22 May 2026157505156308145159
19 Jun 2026210518150377165159
17 Jul 2026193488149344175159
14 Aug 2026–515178325176166
11 Sep 2026179479154295156163
9 Oct 2026180431149294143166
6 Nov 2026159449166278136157
A break or a faint dotted stretch in a line is a week with no recorded close: Moog Inc., 7 gaps (9 weeks), Sep 2025 to Aug 2026.

The companies with the strongest one-year price moves are drawn. The S&P 500 line is dashed.

Biggest one-year moves

  1. 1Moog Inc.MOG-B · $9.9B+51.2%1 year
  2. 2Elbit Systems Ltd.ESLT · $31.8B+45.7%1 year
  3. 3Lockheed Martin CorporationLMT · $130.9B+23.7%1 year
  4. 4Woodward, Inc.WWD · $18.7B+19.2%1 year
  5. 5Hexcel CorporationHXL · $6.1B+16.3%1 year

Strongest against S&P 500

  1. 1BETA Technologies, Inc.BETA · $6.4B+26.5%vs S&P 500
  2. 2Loar Holdings Inc.LOAR · $7.1B+9.7%vs S&P 500
  3. 3Embraer S.A.EMBJ · $13.3B+8.3%vs S&P 500
  4. 4HEICO CorporationHEI · $46.5B+1.5%vs S&P 500
  5. 5StandardAero, Inc.SARO · $8.9B0.0%vs S&P 500

Strongest against the sector itself

  1. 1BETA Technologies, Inc.BETA · $6.4B+39.2%vs sector
  2. 2Loar Holdings Inc.LOAR · $7.1B+21.3%vs sector
  3. 3Embraer S.A.EMBJ · $13.3B+19.3%vs sector
  4. 4HEICO CorporationHEI · $46.5B+12.2%vs sector
  5. 5StandardAero, Inc.SARO · $8.9B+11.3%vs sector

Which Aerospace & Defense companies have the most revenue, and which grow fastest?

RTX Corporation has the highest Revenue among the 30 Aerospace & Defense companies compared here, at $95,987 million. The Boeing Company is next at $94,913 million. BETA Technologies, Inc. has the highest Revenue growth at 86.2%, so level and change sit with different companies. 28 of 30 companies report a comparable reading, the latest through Sep 2026.

What the numbers say: RTX Corporation is the largest at $95,987 million, 1.1% ahead of The Boeing Company. BETA Technologies, Inc.'s growth is 86.2% from a $54 million base, with 11 reported quarters out of the last 20. Fast growth from a smaller base is not yet the same as proven size.

RTX Corporation · $95,987 millionLeader
1.1% versus #2 · The Boeing CompanyGap
8/8 recent comparable periodsPersistence
28/30 companies · 520 observationsCoverage

What this means: RTX Corporation is the size to compare against; BETA Technologies, Inc. is the one growing fastest. The faster grower has to keep that growth and turn it into margin and returns before it counts as more than a fast start.

This conclusion weakens if: RTX Corporation's growth falls below BETA Technologies, Inc.'s for two consecutive comparable reports while operating margin also compresses.

Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.

Revenue · company comparison

Revenue, by reported quarter

  • RTX Corporation $25.0B
  • The Boeing Company $24.2B
  • Lockheed Martin Corporation $20.7B
  • GE Aerospace $14.1B
  • Embraer S.A. $11.3B
Revenue, by reported quarter
QuarterRTX CorporationThe Boeing CompanyLockheed Martin CorporationGE AerospaceEmbraer S.A.
Mar 2022$15.7B$14.0B$15.0B$12.7B$3.1B
Jun 2022$16.3B$16.7B$15.4B$14.1B$5.0B
Sep 2022$17.0B$16.0B$16.6B$14.5B$4.9B
Dec 2022$18.1B$20.0B$19.0B$16.8B$10.5B
Mar 2023$17.2B$17.9B$15.1B$7.8B$3.7B
Jun 2023$18.3B$19.8B$16.7B$8.8B$6.4B
Sep 2023$13.5B$18.1B$16.9B$9.3B$6.3B
Dec 2023$19.9B$22.0B$18.9B$9.5B$9.7B
Mar 2024$19.3B$16.6B$17.2B$9.0B$4.4B
Jun 2024$19.7B$16.9B$18.1B$9.1B$7.8B
Sep 2024$20.1B$17.8B$17.1B$9.8B$9.4B
Dec 2024$21.6B$15.2B$18.6B$10.8B$13.7B
Mar 2025$20.3B$19.5B$18.0B$9.9B$6.4B
Jun 2025$21.6B$22.7B$18.2B$11.0B$10.3B
Sep 2025$22.5B$23.3B$18.6B$12.2B$10.9B
Dec 2025$24.2B$23.9B$20.3B$12.7B$14.3B
Mar 2026$22.1B$22.2B$18.0B$12.4B$7.6B
Jun 2026$24.7B$24.6B$20.1B$13.3B$11.3B
Sep 2026$25.0B$24.2B$20.7B$14.1B—
Dec 2026—————

Revenue growth, by reported quarter

  • RTX Corporation 11%
  • The Boeing Company 3.9%
  • Lockheed Martin Corporation 11%
  • GE Aerospace 16%
  • Embraer S.A. 10%
Revenue growth, by reported quarter
QuarterRTX CorporationThe Boeing CompanyLockheed Martin CorporationGE AerospaceEmbraer S.A.
Mar 2022—————
Jun 20222.7%−1.9%−9.3%−23%323%
Sep 20224.6%4.4%3.5%−22%−2.8%
Dec 20226.2%35%7.1%−17%44%
Mar 20239.5%28%1.1%−38%21%
Jun 202312%18%8.1%−38%26%
Sep 2023−21%13%1.8%−36%29%
Dec 202310%10%−0.6%−44%−7.0%
Mar 202412%−7.5%14%14%19%
Jun 20247.7%−15%8.6%3.9%23%
Sep 202449%−1.5%1.3%5.8%49%
Dec 20248.5%−31%−1.3%14%41%
Mar 20255.2%18%4.5%11%44%
Jun 20259.4%35%0.2%21%31%
Sep 202512%30%8.8%24%16%
Dec 202512%57%9.1%18%4.4%
Mar 20268.7%14%0.3%25%18%
Jun 202614%8.0%11%21%10%
Sep 202611%3.9%11%16%—
Dec 2026—————

28 of 30 companies report revenue, 27 of 30 revenue growth. On every company-comparison chart on this page the five leaders are drawn, level and change on separate charts, and a missing report breaks the line rather than being invented. The revenue growth chart is drawn inside its usual range; a quarter far outside it (often a first quarter after listing or a near-zero base) is marked with an arrow at the edge, with its exact value in the hover card and the table.

Revenue · largest

  1. 1RTX CorporationRTX$96.0B
  2. 2The Boeing CompanyBA$94.9B
  3. 3Lockheed Martin CorporationLMT$79.1B
  4. 4GE AerospaceGE$52.6B
  5. 5Embraer S.A.EMBJ · older report$44.1B

Revenue growth · fastest growers

All-company data · latest reported quarter

In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

Revenue, every company
CompanyRevenueRevenue growthReported
RTX Corporation RTX$25.0B11%Sep 2026
The Boeing Company BA$24.2B3.9%Sep 2026
Lockheed Martin Corporation LMT$20.7B11%Sep 2026
Space Exploration Technologies Corp. SPCX$14.6B161%Sep 2026
General Dynamics Corporation GD$14.6B1.3%Dec 2026
GE Aerospace GE$14.1B16%Sep 2026
Embraer S.A. EMBJ$11.3B10%Jun 2026
Northrop Grumman Corporation NOC$11.1B6.7%Sep 2026
L3Harris Technologies, Inc. LHX$6.1B7.1%Dec 2026
Honeywell Aerospace Inc. HONA$4.6B2.5%Sep 2026
Textron Inc. TXT$3.8B6.3%Dec 2026
Huntington Ingalls Industries, Inc. HII$3.5B11%Sep 2026
TransDigm Group Incorporated TDG$2.7B23%Jun 2026
Howmet Aerospace Inc. HWM$2.7B29%Sep 2026
Elbit Systems Ltd. ESLT$2.3B16%Jun 2026
StandardAero, Inc. SARO$1.6B3.9%Sep 2026
HEICO Corporation HEI$1.4B23%Sep 2026
CAE Inc. CAE$1.2B6.7%Jun 2026
Moog Inc. MOG-B$1.1B15%Jun 2026
Woodward, Inc. WWD$1.1B21%Jun 2026
Leonardo DRS, Inc. DRS$1.1B11%Sep 2026
FTAI Aviation Ltd. FTAI$978M47%Sep 2026
Curtiss-Wright Corporation CW$953M9.7%Sep 2026
BWX Technologies, Inc. BWXT$953M10%Sep 2026
Axon Enterprise, Inc. AXON$909M28%Sep 2026
Hexcel Corporation HXL$496M8.8%Sep 2026
Kratos Defense & Security Solutions, Inc. KTOS$472M36%Sep 2026
Rocket Lab Corporation RKLB$234M63%Jun 2026
Loar Holdings Inc. LOAR$176M39%Sep 2026
BETA Technologies, Inc. BETA$18M100%Sep 2026

Revenue shows both size and speed. A large company can absorb shocks and pay for wide distribution; faster growth can mean market-share gains, new capacity or stronger demand. The best sign is usually growth that lasts without hurting margins and returns.

What to watch

Watch the next two reported quarters for growth persistence, margin conversion and whether the leader is gaining share without stretching working capital.

Which Aerospace & Defense companies keep the most from each $100 of sales?

TransDigm Group Incorporated has the highest OPM among the 30 Aerospace & Defense companies compared here, at 46%. Howmet Aerospace Inc. is next at 28.8%. BETA Technologies, Inc. has the highest Margin change at +180.3 percentage points, so level and change sit with different companies. 30 of 30 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: TransDigm Group Incorporated leads opm at 46%; BETA Technologies, Inc. leads margin change at +180.3 percentage points.

TransDigm Group Incorporated · 46%Leader
59.7% versus #2 · Howmet Aerospace Inc.Gap
4/8 recent comparable periodsPersistence
30/30 companies · 512 observationsCoverage

What this means: TransDigm Group Incorporated sets the level to compare against; the company improving fastest needs another report to confirm the change.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.

Operating margin · company comparison

OPM, by reported quarter

  • TransDigm Group Incorporated 46%
  • Howmet Aerospace Inc. 29%
  • Space Exploration Technologies Corp. 28%
  • Loar Holdings Inc. 27%
  • HEICO Corporation 25%
OPM, by reported quarter
QuarterTransDigm Group IncorporatedHowmet Aerospace Inc.Space Exploration Technologies Corp.Loar Holdings Inc.HEICO Corporation
Mar 202238%18%—19%20%
Jun 202239%18%—17%23%
Sep 202242%18%—13%23%
Dec 202242%17%—18%24%
Mar 2023—18%—24%21%
Jun 202344%17%—25%23%
Sep 202346%18%—24%21%
Dec 202344%19%—22%22%
Mar 202446%20%—25%20%
Jun 202447%22%—22%22%
Sep 202444%23%—23%22%
Dec 202449%23%—22%22%
Mar 202546%25%1.4%24%22%
Jun 202547%25%−19%25%23%
Sep 202548%26%0.1%26%23%
Dec 202546%26%−28%25%23%
Mar 202647%28%−42%26%22%
Jun 202646%29%−1.8%26%26%
Sep 2026—29%28%27%25%
Dec 2026—————

Margin change, by reported quarter

  • TransDigm Group Incorporated −0.8 pp
  • Howmet Aerospace Inc. +3.1 pp
  • Space Exploration Technologies Corp. +27.5 pp
  • Loar Holdings Inc. +1.6 pp
  • HEICO Corporation +2.0 pp
Margin change, by reported quarter
QuarterTransDigm Group IncorporatedHowmet Aerospace Inc.Space Exploration Technologies Corp.Loar Holdings Inc.HEICO Corporation
Mar 2022—————
Jun 2022—+0.4 pp———
Sep 2022+4.9 pp+1.2 pp——+1.2 pp
Dec 2022—+1.6 pp——+0.9 pp
Mar 2023—+0.1 pp—+4.4 pp+1.0 pp
Jun 2023+4.4 pp−1.0 pp—+8.0 pp0.0 pp
Sep 2023+4.2 pp+0.7 pp—+10.9 pp−1.9 pp
Dec 2023+1.8 pp+1.1 pp—+4.5 pp−1.2 pp
Mar 2024—+2.1 pp—+1.5 pp−0.9 pp
Jun 2024+3.1 pp+4.8 pp—−3.2 pp−0.9 pp
Sep 2024−1.6 pp+4.1 pp—−0.6 pp+1.7 pp
Dec 2024+4.4 pp+4.1 pp—−0.3 pp−0.5 pp
Mar 2025+0.4 pp+5.1 pp—−0.9 pp+2.1 pp
Jun 2025−0.1 pp+3.5 pp—+3.5 pp+0.7 pp
Sep 2025+3.6 pp+3.2 pp—+2.2 pp+0.7 pp
Dec 2025−3.0 pp+3.7 pp—+2.9 pp+1.6 pp
Mar 2026+0.4 pp+3.3 pp−43.0 pp+1.5 pp−0.1 pp
Jun 2026−0.8 pp+3.5 pp+17.2 pp+1.2 pp+2.9 pp
Sep 2026—+3.1 pp+27.5 pp+1.6 pp+2.0 pp
Dec 2026—————

30 of 30 companies report OPM, 30 of 30 margin change.

OPM · highest

  1. 1TransDigm Group IncorporatedTDG · older report46%
  2. 2Howmet Aerospace Inc.HWM29%
  3. 3Space Exploration Technologies Corp.SPCX28%
  4. 4Loar Holdings Inc.LOAR27%
  5. 5HEICO CorporationHEI25%

Margin change · fastest expanders

  1. 1BETA Technologies, Inc.BETA+180.3 pp
  2. 2Space Exploration Technologies Corp.SPCX+27.5 pp
  3. 3The Boeing CompanyBA+20.7 pp
  4. 4Rocket Lab CorporationRKLB · older report+16.7 pp
  5. 5Axon Enterprise, Inc.AXON+4.8 pp

All-company data · latest reported quarter

Operating margin, every company
CompanyOPMMargin changeReported
TransDigm Group Incorporated TDG46%−0.8 ppJun 2026
Howmet Aerospace Inc. HWM29%+3.1 ppSep 2026
Space Exploration Technologies Corp. SPCX28%+27.5 ppSep 2026
Loar Holdings Inc. LOAR27%+1.6 ppSep 2026
HEICO Corporation HEI25%+2.0 ppSep 2026
Honeywell Aerospace Inc. HONA24%+4.4 ppSep 2026
FTAI Aviation Ltd. FTAI23%−8.3 ppSep 2026
Curtiss-Wright Corporation CW20%−0.2 ppSep 2026
GE Aerospace GE19%−2.1 ppSep 2026
Woodward, Inc. WWD18%+4.7 ppJun 2026
RTX Corporation RTX16%+3.2 ppSep 2026
Moog Inc. MOG-B15%+3.9 ppJun 2026
L3Harris Technologies, Inc. LHX14%+1.4 ppDec 2026
Embraer S.A. EMBJ13%+3.0 ppJun 2026
Northrop Grumman Corporation NOC13%−0.3 ppSep 2026
BWX Technologies, Inc. BWXT12%+0.7 ppSep 2026
Lockheed Martin Corporation LMT11%−0.3 ppSep 2026
Hexcel Corporation HXL11%+3.1 ppSep 2026
Leonardo DRS, Inc. DRS11%+1.1 ppSep 2026
General Dynamics Corporation GD11%+0.4 ppDec 2026
StandardAero, Inc. SARO10%+1.4 ppSep 2026
CAE Inc. CAE10%−0.1 ppJun 2026
Elbit Systems Ltd. ESLT9.6%+1.6 ppJun 2026
Textron Inc. TXT9.3%−0.8 ppDec 2026
Huntington Ingalls Industries, Inc. HII7.7%+1.5 ppSep 2026
Axon Enterprise, Inc. AXON4.6%+4.8 ppSep 2026
The Boeing Company BA0.3%+20.7 ppSep 2026
Kratos Defense & Security Solutions, Inc. KTOS−0.8%−2.9 ppSep 2026
Rocket Lab Corporation RKLB−25%+16.7 ppJun 2026
BETA Technologies, Inc. BETA−723%+180.3 ppSep 2026

What to watch

Watch whether the next two comparable periods confirm the current margin change rather than reversing it.

Which Aerospace & Defense companies earn the most profit?

GE Aerospace has the highest Net profit among the 30 Aerospace & Defense companies compared here, at $9,124 million. RTX Corporation is next at $8,827 million. Hexcel Corporation has the highest Profit growth at the 100% top of the scoring scale, so level and change sit with different companies.

What the numbers say: GE Aerospace earns the most, $9,124 million of profit over the last 12 months, 3.4% above RTX Corporation. Hexcel Corporation shows at least 100% on the scoring scale (144.3% in full) growth from a profit base of $171 million. A fast rate from a small base matters less than a large profit that keeps coming.

GE Aerospace · $9,124 millionLeader
3.4% versus #2 · RTX CorporationGap
7/8 recent comparable periodsPersistence
28/30 companies · 520 observationsCoverage

What this means: GE Aerospace sets the level to compare against; the company improving fastest needs another report to confirm the change.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.

Net profit · company comparison

Net profit, by reported quarter

  • GE Aerospace $2.3B
  • RTX Corporation $2.7B
  • The Boeing Company −$203M
  • Lockheed Martin Corporation $1.8B
  • Northrop Grumman Corporation $1.1B
Net profit, by reported quarter
QuarterGE AerospaceRTX CorporationThe Boeing CompanyLockheed Martin CorporationNorthrop Grumman Corporation
Mar 2022−$1.1B$1.1B−$1.2B$1.7B$955M
Jun 2022−$863M$1.3B$193M$309M$946M
Sep 2022$165M$1.4B−$3.3B$1.8B$915M
Dec 2022$2.2B$1.5B−$634M$1.9B$2.1B
Mar 2023$7.5B$1.5B−$414M$1.7B$842M
Jun 2023$37M$1.4B−$149M$1.7B$812M
Sep 2023$338M−$933M−$1.6B$1.7B$937M
Dec 2023$1.6B$1.5B−$23M$1.9B−$535M
Mar 2024$1.6B$1.7B−$343M$1.5B$944M
Jun 2024$1.3B$175M−$1.4B$1.6B$940M
Sep 2024$1.8B$1.5B−$6.2B$1.6B$1.0B
Dec 2024$1.9B$1.6B−$3.9B$527M$1.3B
Mar 2025$2.0B$1.6B−$123M$1.7B$481M
Jun 2025$2.0B$1.7B−$697M$342M$1.2B
Sep 2025$2.2B$2.0B−$5.4B$1.6B$1.1B
Dec 2025$2.6B$1.7B$8.1B$1.3B$1.4B
Mar 2026$1.9B$2.2B−$90M$1.5B$875M
Jun 2026$2.4B$2.2B−$530M$1.8B$1.1B
Sep 2026$2.3B$2.7B−$203M$1.8B$1.1B
Dec 2026—————

Profit growth, by reported quarter

  • GE Aerospace 6.6%
  • RTX Corporation 35%
  • The Boeing Company −177%
  • Lockheed Martin Corporation 14%
  • Northrop Grumman Corporation 2.2%
Profit growth, by reported quarter
QuarterGE AerospaceRTX CorporationThe Boeing CompanyLockheed Martin CorporationNorthrop Grumman Corporation
Mar 2022—————
Jun 2022—23%−66%−83%−8.8%
Sep 2022−86%−4.8%—190%−14%
Dec 2022—90%—−6.7%−23%
Mar 2023—34%—−2.5%−12%
Jun 2023—1.6%−177%444%−14%
Sep 2023105%−167%—−5.3%2.4%
Dec 2023−28%0.3%—−2.4%−126%
Mar 2024−79%18%—−8.5%12%
Jun 20243,327%−87%—−2.4%16%
Sep 2024445%——−3.6%9.5%
Dec 202419%5.9%—−72%—
Mar 202526%−6.8%—11%−49%
Jun 202559%886%—−79%25%
Sep 202517%31%—−0.3%7.2%
Dec 202535%9.8%—155%13%
Mar 2026−2.7%33%—−13%82%
Jun 202617%30%—437%−6.8%
Sep 20266.6%35%—14%2.2%
Dec 2026—————

28 of 30 companies report net profit, 22 of 30 profit growth. The profit growth chart is drawn inside its usual range; a quarter far outside it (often a first quarter after listing or a near-zero base) is marked with an arrow at the edge, with its exact value in the hover card and the table.

Net profit · largest

Profit growth · fastest growers

  1. 1Hexcel CorporationHXL100%
  2. 2StandardAero, Inc.SARO89%
  3. 3Elbit Systems Ltd.ESLT · older report58%
  4. 4Lockheed Martin CorporationLMT55%
  5. 5Woodward, Inc.WWD · older report43%

All-company data · latest reported quarter

Net profit, every company
CompanyNet profitProfit growthReported
Space Exploration Technologies Corp. SPCX$4.4B—Sep 2026
RTX Corporation RTX$2.7B35%Sep 2026
GE Aerospace GE$2.3B6.6%Sep 2026
Lockheed Martin Corporation LMT$1.8B14%Sep 2026
General Dynamics Corporation GD$1.2B7.5%Dec 2026
Northrop Grumman Corporation NOC$1.1B2.2%Sep 2026
Embraer S.A. EMBJ$1.1B175%Jun 2026
Honeywell Aerospace Inc. HONA$726M13%Sep 2026
L3Harris Technologies, Inc. LHX$632M37%Dec 2026
Howmet Aerospace Inc. HWM$567M48%Sep 2026
TransDigm Group Incorporated TDG$540M9.5%Jun 2026
Textron Inc. TXT$270M6.0%Dec 2026
HEICO Corporation HEI$235M33%Sep 2026
Huntington Ingalls Industries, Inc. HII$217M50%Sep 2026
Elbit Systems Ltd. ESLT$174M38%Jun 2026
Moog Inc. MOG-B$152M162%Jun 2026
FTAI Aviation Ltd. FTAI$151M28%Sep 2026
Woodward, Inc. WWD$147M36%Jun 2026
Curtiss-Wright Corporation CW$139M11%Sep 2026
Leonardo DRS, Inc. DRS$115M60%Sep 2026
BWX Technologies, Inc. BWXT$102M24%Sep 2026
StandardAero, Inc. SARO$93M37%Sep 2026
Axon Enterprise, Inc. AXON$57M−19%Sep 2026
Hexcel Corporation HXL$39M86%Sep 2026
CAE Inc. CAE$33M−45%Jun 2026
Loar Holdings Inc. LOAR$20M−29%Sep 2026
Kratos Defense & Security Solutions, Inc. KTOS$0M−100%Sep 2026
Rocket Lab Corporation RKLB−$49M−1,333%Jun 2026
BETA Technologies, Inc. BETA−$119M—Sep 2026
The Boeing Company BA−$203M−177%Sep 2026

What to watch

Watch whether the next two comparable periods confirm the current profit growth rather than reversing it.

Which Aerospace & Defense companies earn the best return on capital?

Howmet Aerospace Inc. has the highest ROCE among the 30 Aerospace & Defense companies compared here, at 24.6%. Lockheed Martin Corporation is next at 21.5%. The Boeing Company has the highest ROCE change at +16.9 percentage points, so level and change sit with different companies. 30 of 30 companies report a comparable reading, the latest through Sep 2026.

What the numbers say: Howmet Aerospace Inc. leads ROCE at 24.6%, 3.1 percentage points above Lockheed Martin Corporation. A high return reported once may be one good year; a high return reported year after year shows a lasting business.

Howmet Aerospace Inc. · 24.6%Leader
14.4% versus #2 · Lockheed Martin CorporationGap
8/8 recent comparable periodsPersistence
30/30 companies · 506 observationsCoverage

What this means: Howmet Aerospace Inc. sets the level to compare against; the company improving fastest needs another report to confirm the change.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.

Return on capital · company comparison

ROCE, by reported quarter

  • Howmet Aerospace Inc. 25%
  • Lockheed Martin Corporation 22%
  • Honeywell Aerospace Inc. 21%
  • FTAI Aviation 20%
  • TransDigm Group Incorporated 19%
ROCE, by reported quarter
QuarterHowmet Aerospace Inc.Lockheed Martin CorporationHoneywell Aerospace Inc.FTAI AviationTransDigm Group Incorporated
Mar 20229.7%21%—0.9%11%
Jun 202210%17%—1.7%11%
Sep 202211%21%—4.8%12%
Dec 202211%20%—7.0%14%
Mar 202312%20%—12%—
Jun 202312%23%—14%14%
Sep 202313%23%—14%15%
Dec 202314%26%—13%17%
Mar 202415%24%—13%17%
Jun 202417%24%—13%17%
Sep 202417%24%16%15%19%
Dec 202418%20%12%15%20%
Mar 202519%21%—16%20%
Jun 202520%17%—18%19%
Sep 202521%16%6.7%19%20%
Dec 202522%19%6.1%19%20%
Mar 202621%18%29%20%19%
Jun 202623%22%27%20%19%
Sep 202625%22%21%20%—
Dec 2026—————

ROCE change, by reported quarter

  • Howmet Aerospace Inc. +4.1 pp
  • Lockheed Martin Corporation +5.6 pp
  • Honeywell Aerospace Inc. +14.4 pp
  • FTAI Aviation +1.1 pp
  • TransDigm Group Incorporated −0.2 pp
ROCE change, by reported quarter
QuarterHowmet Aerospace Inc.Lockheed Martin CorporationHoneywell Aerospace Inc.FTAI AviationTransDigm Group Incorporated
Mar 2022—————
Jun 2022—————
Sep 2022—————
Dec 2022—————
Mar 2023+2.2 pp−1.3 pp—+10.8 pp—
Jun 2023+2.0 pp+6.3 pp—+12.2 pp+3.1 pp
Sep 2023+2.0 pp+1.9 pp—+9.3 pp+3.0 pp
Dec 2023+2.4 pp+5.2 pp—+5.8 pp+2.9 pp
Mar 2024+2.6 pp+3.8 pp—+1.3 pp—
Jun 2024+4.5 pp+1.1 pp—−0.5 pp+3.0 pp
Sep 2024+3.7 pp+0.7 pp—+0.5 pp+3.6 pp
Dec 2024+4.2 pp−5.7 pp—+2.2 pp+3.1 pp
Mar 2025+4.2 pp−3.0 pp—+3.1 pp+2.6 pp
Jun 2025+2.8 pp−7.3 pp—+4.7 pp+2.0 pp
Sep 2025+3.9 pp−7.7 pp−9.1 pp+4.1 pp+1.5 pp
Dec 2025+4.5 pp−0.6 pp−6.1 pp+4.4 pp+0.3 pp
Mar 2026+2.4 pp−2.8 pp—+3.7 pp−0.4 pp
Jun 2026+3.2 pp+4.6 pp—+1.5 pp−0.2 pp
Sep 2026+4.1 pp+5.6 pp+14.4 pp+1.1 pp—
Dec 2026—————

30 of 30 companies report ROCE, 30 of 30 ROCE change.

ROCE · highest

  1. 1Howmet Aerospace Inc.HWM25%
  2. 2Lockheed Martin CorporationLMT22%
  3. 3Honeywell Aerospace Inc.HONA21%
  4. 4FTAI Aviation Ltd.FTAI20%
  5. 5TransDigm Group IncorporatedTDG · older report19%

ROCE change · fastest improvers

  1. 1The Boeing CompanyBA+16.9 pp
  2. 2Honeywell Aerospace Inc.HONA+14.4 pp
  3. 3Rocket Lab CorporationRKLB · older report+13.1 pp
  4. 4Woodward, Inc.WWD · older report+6.3 pp
  5. 5Lockheed Martin CorporationLMT+5.6 pp

All-company data · latest reported quarter

Return on capital, every company
CompanyROCEROCE changeReported
Howmet Aerospace Inc. HWM25%+4.1 ppSep 2026
Lockheed Martin Corporation LMT22%+5.6 ppSep 2026
Honeywell Aerospace Inc. HONA21%+14.4 ppSep 2026
FTAI Aviation Ltd. FTAI20%+1.1 ppSep 2026
TransDigm Group Incorporated TDG19%−0.2 ppJun 2026
Curtiss-Wright Corporation CW19%+2.9 ppSep 2026
Woodward, Inc. WWD18%+6.3 ppJun 2026
Northrop Grumman Corporation NOC15%+1.0 ppSep 2026
Moog Inc. MOG-B15%+3.2 ppJun 2026
General Dynamics Corporation GD14%+0.8 ppDec 2026
HEICO Corporation HEI14%+1.7 ppSep 2026
Leonardo DRS, Inc. DRS13%+2.2 ppSep 2026
GE Aerospace GE12%+1.2 ppSep 2026
RTX Corporation RTX11%+2.5 ppSep 2026
StandardAero, Inc. SARO11%+1.8 ppSep 2026
Elbit Systems Ltd. ESLT11%+1.4 ppJun 2026
Hexcel Corporation HXL11%+3.7 ppSep 2026
BWX Technologies, Inc. BWXT9.9%−0.7 ppSep 2026
Textron Inc. TXT9.6%+0.3 ppDec 2026
Embraer S.A. EMBJ9.5%−2.2 ppJun 2026
Huntington Ingalls Industries, Inc. HII9.0%+1.3 ppSep 2026
L3Harris Technologies, Inc. LHX8.8%+0.5 ppDec 2026
Loar Holdings Inc. LOAR7.2%−0.5 ppSep 2026
CAE Inc. CAE7.1%−0.3 ppJun 2026
Axon Enterprise, Inc. AXON1.3%+1.8 ppSep 2026
Space Exploration Technologies Corp. SPCX0.9%−6.6 ppSep 2026
Kratos Defense & Security Solutions, Inc. KTOS0.3%−0.7 ppSep 2026
The Boeing Company BA−0.5%+16.9 ppSep 2026
Rocket Lab Corporation RKLB−5.8%+13.1 ppJun 2026
BETA Technologies, Inc. BETA−32%−0.4 ppSep 2026

What to watch

Watch whether the next two comparable periods confirm the current roce change rather than reversing it.

How are Aerospace & Defense stocks valued against growth and quality?

Lockheed Martin Corporation has the lowest PEG among the 30 Aerospace & Defense companies compared here, at 0.32×. Huntington Ingalls Industries, Inc. is next at 0.51×. Space Exploration Technologies Corp. has the lowest P/E at −957.7×, so level and change sit with different companies. 18 of 30 companies report a comparable reading, the latest through Sep 2026.

What the numbers say: Lockheed Martin Corporation has the lowest comparable PEG at 0.32×, 37.3% below Huntington Ingalls Industries, Inc. That would need today's multiple, the company's own history and steady growth to agree.

Lockheed Martin Corporation · 0.32×Leader
37.3% versus #2 · Huntington Ingalls Industries, Inc.Gap
0/8 recent comparable periodsPersistence
18/30 companies · 137 observationsCoverage

What this means: A low valuation is a reason to look closer at the business, not a conclusion on its own.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is worked out the same way every time, as the P/E on the last 12 months of reported earnings divided by that growth rate, never on expected earnings. On Indian companies it is shown only where the two data feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing.

Valuation · company comparison

PEG, by reported quarter

  • Lockheed Martin Corporation 0.3
  • Huntington Ingalls Industries, Inc. 0.5
  • Leonardo DRS, Inc. 0.7
  • Howmet Aerospace Inc. 1.0
  • Northrop Grumman Corporation 1.1
PEG, by reported quarter
QuarterLockheed Martin CorporationHuntington Ingalls Industries, Inc.Leonardo DRS, Inc.Howmet Aerospace Inc.Northrop Grumman Corporation
Mar 2022—————
Jun 2022—————
Sep 2022—————
Dec 2022—————
Mar 2023—2.3———
Jun 20230.3——0.9—
Sep 20230.6——0.6—
Dec 20230.60.8———
Mar 20240.70.7———
Jun 2024—0.3———
Sep 2024—0.42.2——
Dec 2024——1.50.7—
Mar 2025——1.50.9—
Jun 2025——1.51.0—
Sep 2025——1.41.5—
Dec 2025—2.21.11.7—
Mar 2026—2.31.91.30.8
Jun 20260.40.71.31.61.0
Sep 20260.30.50.71.01.1
Dec 2026—————

P/E, by reported quarter

  • Lockheed Martin Corporation 18.4×
  • Huntington Ingalls Industries, Inc. 14.4×
  • Leonardo DRS, Inc. 26.8×
  • Howmet Aerospace Inc. 43.9×
  • Northrop Grumman Corporation 15.2×
P/E, by reported quarter
QuarterLockheed Martin CorporationHuntington Ingalls Industries, Inc.Leonardo DRS, Inc.Howmet Aerospace Inc.Northrop Grumman Corporation
Mar 202219.9×14.9×—49.0×12.1×
Jun 202223.7×14.9×—34.6×13.1×
Sep 202218.7×15.4×—29.7×13.2×
Dec 202222.2×15.9×8.2×34.9×17.2×
Mar 202321.2×14.6×8.9×36.1×14.7×
Jun 202316.5×17.5×11.6×38.7×14.9×
Sep 202315.0×15.4×27.5×29.9×14.3×
Dec 202316.3×15.1×31.3×29.2×—
Mar 202416.1×16.4×31.4×32.7×33.3×
Jun 202416.6×13.0×35.7×34.0×28.2×
Sep 202420.8×14.8×37.6×38.1×32.5×
Dec 202421.6×13.4×40.1×38.5×16.4×
Mar 202518.8×14.7×37.3×41.9×20.0×
Jun 202525.6×18.1×49.5×53.9×18.2×
Sep 202527.1×19.9×45.6×54.6×21.7×
Dec 202522.3×22.1×32.6×54.7×19.5×
Mar 202629.6×24.7×40.8×53.0×21.2×
Jun 202618.6×16.7×35.4×57.5×16.1×
Sep 202618.4×14.4×26.8×43.9×15.2×
Dec 2026—————

18 of 30 companies report PEG, 29 of 30 P/E.

PEG · lowest PEG

P/E · lowest P/E

  1. 1Space Exploration Technologies Corp.SPCX−957.7×
  2. 2Rocket Lab CorporationRKLB · older report−47.0×
  3. 3Textron Inc.TXT13.7×
  4. 4Huntington Ingalls Industries, Inc.HII14.4×
  5. 5Northrop Grumman CorporationNOC15.2×

All-company data · latest reported quarter

Valuation, every company
CompanyPEGP/EReported
Axon Enterprise, Inc. AXON34.3132.8×Sep 2026
Kratos Defense & Security Solutions, Inc. KTOS11.0286.2×Sep 2026
TransDigm Group Incorporated TDG4.138.8×Jun 2026
Embraer S.A. EMBJ3.625.0×Jun 2026
FTAI Aviation Ltd. FTAI2.633.5×Sep 2026
GE Aerospace GE2.335.6×Sep 2026
Loar Holdings Inc. LOAR2.096.1×Sep 2026
Moog Inc. MOG-B1.935.5×Jun 2026
General Dynamics Corporation GD1.619.2×Dec 2026
Curtiss-Wright Corporation CW1.636.2×Sep 2026
HEICO Corporation HEI1.648.9×Sep 2026
BWX Technologies, Inc. BWXT1.533.5×Sep 2026
Hexcel Corporation HXL1.237.0×Sep 2026
L3Harris Technologies, Inc. LHX1.121.9×Dec 2026
RTX Corporation RTX1.129.8×Sep 2026
Elbit Systems Ltd. ESLT1.155.9×Jun 2026
Northrop Grumman Corporation NOC1.115.2×Sep 2026
Woodward, Inc. WWD1.145.9×Jun 2026
Howmet Aerospace Inc. HWM1.043.9×Sep 2026
Leonardo DRS, Inc. DRS0.726.8×Sep 2026
Huntington Ingalls Industries, Inc. HII0.514.4×Sep 2026
Lockheed Martin Corporation LMT0.318.4×Sep 2026
Space Exploration Technologies Corp. SPCX—−957.7×Sep 2026
The Boeing Company BA—87.4×Sep 2026
Honeywell Aerospace Inc. HONA—22.4×Sep 2026
Textron Inc. TXT—13.7×Dec 2026
StandardAero, Inc. SARO—19.9×Sep 2026
CAE Inc. CAE—39.8×Jun 2026

What to watch

Watch whether the next two comparable periods confirm the current p/e rather than reversing it.

What can make this comparison misleading?

This Aerospace & Defense comparison names 5 specific ways its own evidence can mislead, all listed below. 7 of the 30 companies report on an older date than the sector's freshest reporters, so their ranks are marked stale. A high growth rate can still come from a very small starting figure.

Keep these limits visible

  • A high growth rate can come from a very small starting figure. The page keeps level and change separate for that reason.
  • A high ROCE can be temporary, or look high because the capital base is small. It is best read beside margin, cash flow and how much is spent back on the business.
  • The 4-Factor Sector Score ranks published data only. Management quality, upcoming events and risks are not part of it.
  • An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
  • 7 companies have older fundamental reporting dates than the sector’s freshest reporters; their ranks carry a stale marker.

How was this comparison built?

This comparison is built from the reported filings of 30 Aerospace & Defense companies, normalized to a common $ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Dec 2026 and market data through 6 November 2026.

FundamentalsThrough Dec 2026 · up to 20 quarters per company
Market dataThrough 6 November 2026 · weekly price and relative-strength history
Derived metricsGrowth, changes and PEG are calculated only when their inputs are comparable.
Score confidenceMissing and old evidence lowers confidence and pulls the 0 to 100 score toward the middle.

What else do people ask about Aerospace & Defense stocks?

These 22 answers restate the Aerospace & Defense comparison above in question form. Every one is computed from the same 30 companies and the same reported filings as the rankings and charts, current through Dec 2026. Price and relative-strength answers run through 6 November 2026. Nothing here is estimated, and none of it is a recommendation.

Is the Aerospace & Defense sector outperforming S&P 500?

Aerospace & Defense has done worse than the S&P 500 by 7.7% over 52 weeks and by 9.7% over 13 weeks.

5 of 30 companies we track are beating the S&P 500 on relative strength (how a share price has done against the index over recent months) (3 have no relative-strength reading yet), and 13 of the 27 with a long enough price history are ahead of the industry itself.

Which Aerospace & Defense company is largest by revenue?

RTX Corporation leads with revenue of $95,987 million, based on 28 of 30 comparable companies through Sep 2026.

Which Aerospace & Defense company is growing fastest?

BETA Technologies, Inc. has the fastest current revenue growth at 86.2%, across 27 of 30 comparable companies.

Which Aerospace & Defense company has the strongest 4-Factor Sector Score?

Lockheed Martin Corporation ranks first at 72.5 out of 100, with 81.1% of the evidence available. The score ranks published data; it is not a recommendation.

Which Aerospace & Defense company has the lowest comparable PEG?

Lockheed Martin Corporation has the lowest comparable PEG at 0.32, among 18 of 30 companies whose earnings and growth are steady enough for the ratio to mean anything.

How much history does this Aerospace & Defense comparison include?

The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Dec 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four parts add up directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or old evidence moves only that part toward the middle.

Which Aerospace & Defense company is the biggest?

RTX Corporation is the largest, with revenue of $95,987 million over the last 12 months, ahead of The Boeing Company at $94,913 million. That covers 28 of 30 companies with comparable reporting through Sep 2026.

Which Aerospace & Defense company has the best profit margins?

TransDigm Group Incorporated has the highest operating margin at 46%, from 30 of 30 comparable companies. BETA Technologies, Inc. shows the biggest improvement (+180.3 percentage points; the chart above shows the starting level).

A high margin matters most when it is steady or rising, not when it is at a peak.

Which Aerospace & Defense company makes the most profit?

GE Aerospace earns the most, at $9,124 million of net profit over the last 12 months, from 28 of 30 comparable companies.

Hexcel Corporation has the fastest profit growth at the 100% cap of the scoring scale, though growth off a small or recovering profit base overstates how much has actually changed.

Which Aerospace & Defense company earns the highest return on capital?

Howmet Aerospace Inc. leads on return on capital employed at 24.6%, across 30 of 30 companies. A high return that repeats for years shows a lasting business, while a single high reading can come from a small capital base or one good year.

Which Aerospace & Defense stock has the lowest PEG ratio?

On PEG (where a lower number means a lower price for what the company earns), Lockheed Martin Corporation has the lowest at 0.32×. Only 18 of 30 companies have earnings and growth steady enough for the ratio to mean anything, so this is not a ranking of the whole industry.

A low multiple is a reason to look closer at the business, not a conclusion on its own.

Is the Aerospace & Defense sector beating the market?

Aerospace & Defense has done worse than the S&P 500 by 7.7% over the last 52 weeks and by 9.7% over 13 weeks, measured on an equal-weight index of its current members.

Inside the sector, 5 of the 30 companies we track are beating the market on their own (3 have no relative-strength reading yet). Sector strength does not transfer evenly to every stock in it.

Which Aerospace & Defense stock has the strongest price momentum?

BETA Technologies, Inc. has the strongest relative strength against the S&P 500, meaning its share price has done best against the index. A price can move well before the business results back it up, and sometimes without them.

Which Aerospace & Defense company has the highest 4-Factor score?

Lockheed Martin Corporation scores 72.5 out of 100, with 81.1% of the evidence available, from 21.4 points on growth and earnings, 18.9 on capital efficiency, 16 on valuation and 16.2 on relative strength. It ranks published data only; management quality, upcoming events and risks are not part of the score.

How many Aerospace & Defense companies does this comparison cover, and over what period?

This comparison covers 30 listed companies over up to 20 reported quarters of fundamentals, ending Dec 2026, plus weekly price and relative-strength history. Membership is the full sector list, nothing is dropped for having thin data.

What is the total market cap of the Aerospace & Defense sector?

The 30 Aerospace & Defense companies on this page carry $3,397,562 million of combined market value. Space Exploration Technologies Corp. is the largest at $1,822,036 million, about 54% of the sector's total on its own. Market value moves with price, so this reading is dated 6 November 2026.

What is the Aerospace & Defense sector's P/E ratio?

The median price-to-earnings ratio across the 30 Aerospace & Defense companies on this page is 35.5×, measured on the 27 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past.

Figures are as of 6 November 2026.

How is the Aerospace & Defense sector performing?

5 of the 30 Aerospace & Defense companies we track are doing better than the S&P 500 on relative strength (how a share price has done against the index over recent months) (3 have no relative-strength reading yet).

The sector itself is 7.7% behind S&P 500 over 52 weeks on an equal-weight index of its current members.

How many Aerospace & Defense stocks are listed in the US?

This comparison covers 30 listed Aerospace & Defense companies in the US, each above the size floor the site applies. The full ranked list is on this page, with reported fundamentals through Dec 2026. Membership is the full industry list, nothing is dropped for having thin data.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing figures are never estimated, copied forward or swapped for a similar-looking line, and a company with missing evidence has its score pulled toward the middle rather than scored as bad.

Is this advice?

No, every figure here is worked out by code from company filings and market data, for research. It does not account for your situation and is not a substitute for advice from a registered adviser.

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Every US industry against its index · What changed this week · Plain-text data
Sector Alpha, written by code from the published numbers · Fundamentals through Dec 2026 · Prices through 6 November 2026. Every ranking is worked out by code from reported figures. Missing values stay missing.

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