TransDigm Group INC Earnings Per Share Disclosure
| Fiscal Years Ended September 30, | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| Numerator for earnings per share: | |||||||||||||||||
| Net income | $ | 2,074 | $ | 1,715 | $ | 1,299 | |||||||||||
| Less: Net income attributable to noncontrolling interests | — | (1) | (1) | ||||||||||||||
| Net income attributable to TD Group | 2,074 | 1,714 | 1,298 | ||||||||||||||
| Less: Dividends declared or paid on participating securities | (208) | (233) | (38) | ||||||||||||||
| Net income applicable to TD Group common stockholders—basic and diluted | $ | 1,866 | $ | 1,481 | $ | 1,260 | |||||||||||
| Denominator for basic and diluted earnings per share under the two-class method: | |||||||||||||||||
| Weighted-average common shares outstanding | 56.3 | 55.8 | 54.9 | ||||||||||||||
| Vested options deemed participating securities | 1.9 | 2.0 | 2.3 | ||||||||||||||
| Total shares for basic and diluted earnings per share | 58.2 | 57.8 | 57.2 | ||||||||||||||
Earnings per share—basic and diluted (1) | $ | 32.08 | $ | 25.62 | $ | 22.03 | |||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Nov 12, 2025 | Showing above |
| 2024 | Nov 7, 2024 | |
| 2023 | Nov 9, 2023 | |
| 2022 | Nov 10, 2022 | |
| 2021 | Nov 16, 2021 | |
| 2020 | Nov 12, 2020 | |
| 2019 | Nov 19, 2019 | |
| 2018 | Nov 9, 2018 | |
| 2017 | Nov 13, 2017 | |
| 2016 | Nov 15, 2016 | |
| 2015 | Nov 13, 2015 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.