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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. TransDigm Group's retained earnings for the quarter that ended in Mar. 2026 was $-9,639 Mil.
TransDigm Group's quarterly retained earnings
increased
from Sep. 2025 ($-10,606 Mil) to Dec. 2025 ($-10,168 Mil) and
increased
from Dec. 2025 ($-10,168 Mil) to Mar. 2026 ($-9,639 Mil).
TransDigm Group's annual retained earnings
declined
from Sep. 2023 ($-2,621 Mil) to Sep. 2024 ($-7,362 Mil) and
declined
from Sep. 2024 ($-7,362 Mil) to Sep. 2025 ($-10,606 Mil).
TransDigm Group (NYSE:TDG) Retained Earnings Explanation
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
TransDigm Group Retained Earnings Historical Data
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The historical data trend for TransDigm Group's Retained Earnings 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.
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
What does a Retained Earnings of $-9,639 Mil mean?
TransDigm Group (TDG) has a Retained Earnings of $-9,639 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on TransDigm Group and its competitors.
Is TransDigm Group's Retained Earnings too high?
TransDigm Group's current Retained Earnings is $-9,639 Mil. Overall, TransDigm Group has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TransDigm Group's Retained Earnings compare to HONA and NOC?
TransDigm Group's Retained Earnings of $-9,639 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 Retained Earnings for an Aerospace & Defense company?
A good Retained Earnings depends on the Aerospace & Defense industry context. However, Retained Earnings 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 Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on TransDigm Group and its competitors. TransDigm Group's current Retained Earnings is $-9,639 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TransDigm Group stock overvalued right now?
Based on GuruFocus' analysis, TransDigm Group (TDG) is currently considered Modestly Undervalued. The stock's GF Value™ is $1,612.48, compared to a current price of $1,254.38 — trading 22.2% below its estimated fair value. The current Retained Earnings is $-9,639 Mil. TransDigm Group's overall GF Score™ is 89/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For TransDigm Group (TDG), the current Retained Earnings is $-9,639 Mil as of Mar. 2026. 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.
Is TransDigm Group (TDG) Overvalued in 2026?
Based on GuruFocus' analysis, TransDigm Group stock appears to be undervalued.
The current stock price of $1,254.38 is trading 22.2% below its estimated GF Value™ of $1,612.48.
GuruFocus considers TransDigm Group to be Modestly Undervalued.
Key valuation signals for TDG:
Retained Earnings: $-9,639 Mil
GF Value™: $1,612.48 vs. price of $1,254.38 (22.2% below fair value)
No single metric tells the full story. See the TDG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TransDigm manufactures and services a broad set of specialized parts for commercial and military aircraft. The firm organizes itself in three segments: power and control, airframes, and a small non-aviation segment, which serves mostly off-road vehicles and mining equipment. It operates as an acquisitive holding company that focuses on buying up smaller firms that make proprietary aerospace products with substantial aftermarket demand. TransDigm regularly employs financial leverage to amplify its operating results.
89GF Score
Get the complete analysis for TDG
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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