MTU Aero Engines AG (MTUAF)
MTU Aero Engines AG operates in the Aerospace & Defense industry of the Industrials sector, headquartered in Munich, BV, DE. The stock last traded at $427.34, up 4.07% on the session, giving a market capitalisation of $23.00B. On trailing twelve-month figures it carries a trailing P/E of 21.13, a net margin of 9.6%. Its beta of 0.90 implies it has historically moved less than the broad market.
MTU Aero Engines AG, a leading global aerospace company based in Munich, Germany (established 1913), specializes in the design, production, marketing, and upkeep of engines for both commercial and military aircraft, alongside aero-derivative industrial gas turbines. Its extensive reach covers operations across Germany, other European countries, North America, Asia, and various international locations. The company's activities are primarily divided into two segments: the Commercial and Military Engine Business, and the Commercial Maintenance Business. MTU's diverse product portfolio includes engines for a wide array of commercial aircraft, such as wide-body, narrow-body, regional, and business jets. For defense applications, it supplies power units for fighter jets, helicopters, and transport aircraft, in addition to its offerings in industrial gas turbines. Beyond manufacturing, MTU Aero Engines provides comprehensive maintenance, repair, and overhaul (MRO) services for both its commercial and military engine lines. The company also produces and markets a range of brush seals. It adopted its current name, MTU Aero Engines AG, in May 2013, having previously been known as MTU Aero Engines Holding AG.
MTU Aero Engines AG is most often compared with the following Industrials names: