AADX (Applied Aerospace & Defense) Operating Income: $ Mil (TTM As of Dec. 2025)


AADX Applied Aerospace & Defense Inc AADX
11 GF Score
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What is Applied Aerospace & Defense Operating Income?

Applied Aerospace & Defense AADX -1.06% 11 Operating Income is $ Mil as of Dec. 2025. GuruFocus rates AADX with a GF Score™ of 11/100. The stock has 3 warning signs investors should review.

Applied Aerospace & Defense's Operating Income for the six months ended in Dec. 2025 was $57.0 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Applied Aerospace & Defense's Operating Income for the six months ended in Dec. 2025 was $57.0 Mil. Applied Aerospace & Defense's Revenue for the six months ended in Dec. 2025 was $604.3 Mil. Therefore, Applied Aerospace & Defense's Operating Margin % for the quarter that ended in Dec. 2025 was 9.42%.

Applied Aerospace & Defense's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Applied Aerospace & Defense's annualized ROC % for the quarter that ended in Dec. 2025 was 6.24%. Applied Aerospace & Defense's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 37.21%.

Applied Aerospace & Defense  (NYSE:AADX) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Applied Aerospace & Defense's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2024 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=56.956 * ( 1 - 0% )/( (879.385 + 945.932)/ 2 )
=56.956/912.6585
=6.24 %

where

Invested Capital(Q: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=949.792 - 42.941 - ( 27.466 - max(0, 113.541 - 244.965+27.466))
=879.385

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=999.301 - 37.894 - ( 15.475 - max(0, 94.482 - 291.574+15.475))
=945.932

Note: The Operating Income data used here is one times the annual (Dec. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

Applied Aerospace & Defense's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2024  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=56.956/( ( (116.609 + max(17.284, 0)) + (119.777 + max(52.493, 0)) )/ 2 )
=56.956/( ( 133.893 + 172.27 )/ 2 )
=56.956/153.0815
=37.21 %

where Working Capital is:

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(51.337 + 50.494 + 5.101) - (42.941 + 32 + 14.707)
=17.284

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(71.386 + 57.375 + 6.521) - (37.894 + 21.55 + 23.345)
=52.493

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2025) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Applied Aerospace & Defense's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=56.956/604.343
=9.42 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.

Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.

Applied Aerospace & Defense Operating Income Related Terms

Applied Aerospace & Defense Operating Income Historical Data

* Premium members only.

The historical data trend for Applied Aerospace & Defense's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Applied Aerospace & Defense Operating Income Chart

Applied Aerospace & Defense Annual Data
Trend Dec24 Dec25
Operating Income
32.87 56.96

Applied Aerospace & Defense Semi-Annual Data
Dec24 Dec25
Operating Income 32.87 56.96
AADX
11GF Score
Applied Aerospace & Defense Inc AADX
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Applied Aerospace & Defense Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was $ Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of $ Mil mean?
Applied Aerospace & Defense (AADX) has a Operating Income of $ Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Applied Aerospace & Defense and its competitors.
Is Applied Aerospace & Defense's Operating Income too high?
Applied Aerospace & Defense's current Operating Income is $ Mil. Overall, Applied Aerospace & Defense has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Applied Aerospace & Defense's Operating Income compare to YSS and ACHR?
Applied Aerospace & Defense's Operating Income of $ Mil can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for an Aerospace & Defense company?
A good Operating Income depends on the Aerospace & Defense industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Applied Aerospace & Defense and its competitors. Applied Aerospace & Defense's current Operating Income is $ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied Aerospace & Defense stock overvalued right now?
Applied Aerospace & Defense (AADX) has a current Operating Income of $ Mil. The current Operating Income is $ Mil. Applied Aerospace & Defense's overall GF Score™ is 11/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Applied Aerospace & Defense (AADX), the current Operating Income is $ Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Applied Aerospace & Defense Business Description

Address 335 Quality Circle NW, Huntsville, AL, USA, 35806
Applied Aerospace & Defense Inc specializes in providing engineering and vertically integrated manufacturing solutions for space and defense technology companies. The company builds complex hardware for extreme operating environments, combining deep material science and IP-enabled process expertise with the ability to enable rapid prototyping, enhance new product development, and responsively scale production. The majority of the company's revenue is derived from the sales of Defense Aviation and Airborne Systems, followed by Space and Launch Systems, C5ISR and Precision Strike Systems.
11GF Score

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