MTU Aero Engines AG (MTUAY)
MTU Aero Engines AG operates in the Aerospace & Defense industry of the Industrials sector, headquartered in Munich, BV, DE. The stock last traded at $212.39, up 1.27% on the session, giving a market capitalisation of $22.88B. 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, 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.
MTU Aero Engines AG is most often compared with the following Industrials names: