MTU Aero Engines AG (MTUAY) Research

MTU Aero Engines AG, along with its various subsidiaries, is a global aerospace company focused on the complete lifecycle of aircraft propulsion systems and industrial gas turbines. Its extensive operations encompass development, manufacturing, marketing, and upkeep across major regions including Germany, the wider European continent, North America, and Asia. The firm's activities are strategically divided into two primary segments: the Commercial and Military Engine Business, and the Commercial Maintenance Business. Within the engine business, MTU designs and supplies advanced propulsion units for a diverse array of commercial aircraft, including wide-body, narrow-body, regional, and business jets. For military applications, its engines are integral to fighter aircraft, helicopters, and transport planes. The company also offers industrial gas turbines. Beyond new engine production, MTU Aero Engines provides comprehensive maintenance, repair, and overhaul (MRO) services for both commercial and military powerplants. Additionally, it produces and distributes specialized brush seals. Established in 1913 and headquartered in Munich, Germany, the company adopted its current name, MTU Aero Engines AG, in May 2013, transitioning from its previous identity as MTU Aero Engines Holding AG.

Market snapshot

Symbol
MTUAY
Price
$195.89
Day change
+3.38%
Market cap
$17.9B
P/E ratio
16.39x
52-week range
157.93-238.57
Sector
Industrials
Industry
Aerospace & Defense
Next earnings
in 1 month

Recent news

  • MTU Aero Engines beats profit forecasts in first quarter

    German engines maker MTU Aero ​Engines posted a first-quarter operating ‌profit above expectations on Thursday, showing no visible impact from the ongoing war ​in Iran in the reported ​period.

Peer companies

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  • Dassault Aviation S.A. (DUAVF)
  • Epiroc AB (publ) (EPIPF)
  • Hochtief AG (HOCFF)
  • Kuehne + Nagel International AG (KHNGF)
  • Kuehne + Nagel International AG (KHNGY)
  • Kongsberg Gruppen ASA (NSKFF)
  • Singapore Technologies Engineering Ltd (SGGKF)

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