MTU Aero Engines AG
XETRA:MTX

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MTU Aero Engines AG Logo
MTU Aero Engines AG
XETRA:MTX
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Price: 351 EUR 0.8% Market Closed
Market Cap: 18.9B EUR

MTU Aero Engines AG
Investor Relations

MTU Aero Engines AG, Germany's premier engine manufacturer, sits at the crossroads of innovation and precision engineering in the global aviation industry. Founded in 1934, the company has evolved through decades of technological advancements and market shifts to become a pivotal player in the aerospace sector. Central to MTU's operations is its prowess in the design, development, and manufacturing of aircraft engines — a business that thrives on both cutting-edge research and meticulous engineering. By collaborating with major international players like Pratt & Whitney and GE Aviation, MTU ensures that its engines power a significant portion of commercial and military aircraft worldwide. This collaboration extends into programs such as the Pratt & Whitney's geared turbofan engine, where MTU's contributions are indispensable in crafting superior propulsion systems.

Financially, MTU Aero Engines AG derives its revenue from a triad of core operations: original equipment manufacturing (OEM) for commercial and military engines, the provision of maintenance, repair, and overhaul (MRO) services, and participation in power generation and gas turbine engines. The OEM segment capitalizes on MTU's engineering expertise, providing robust engines and key components that meet the stringent demands of modern aviation. Meanwhile, the MRO services highlight MTU's strategic insight; as aircraft engines require regular upkeep and enhancement, this segment guarantees a steady revenue stream. The nexus of these activities allows MTU to maintain an agile business model while spearheading innovations that define the future landscape of aviation propulsion technology.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Oct 23, 2025
AI Summary
Q3 2025

Revenue Growth: MTU's group revenues rose 19% year-over-year to nearly EUR 6.3 billion, in line with full-year targets.

Profit Upside: Adjusted EBIT jumped 34% to EUR 995 million, with a strong margin of 15.9%, ahead of guidance.

Free Cash Flow Guidance Raised: Free cash flow reached EUR 279 million, prompting a guidance increase to EUR 350–400 million for 2025, up from EUR 300–350 million.

Segment Drivers: Commercial OEM and MRO segments both drove growth, with spare parts and strong lease engine demand boosting margins.

OEM Margin Record: OEM margin hit 31.1% in Q3, driven by spare parts and favorable pricing, but management cautioned this level is not the new normal.

Guidance Upgraded: EBIT and free cash flow guidance were both raised; revenue guidance reaffirmed at EUR 8.6–8.8 billion for 2025.

Defense Momentum: Strong order momentum in Eurofighter program and rising global defense budgets support growth outlook.

Tariffs Managed: Tariff headwinds remain limited, with mitigation measures keeping EBIT impact to low double-digit millions.

Key Financials
Revenue
EUR 6.3 billion
Adjusted EBIT
EUR 995 million
EBIT Margin
15.9%
Net Income (Adjusted)
EUR 720 million
Free Cash Flow
EUR 279 million
OEM Revenue
EUR 2 billion
OEM Adjusted EBIT
EUR 640 million
OEM EBIT Margin
31.1%
Commercial OEM Revenue
EUR 1.6 billion
MRO Revenue
EUR 4.3 billion
MRO EBIT
EUR 355 million
MRO EBIT Margin
8.3%
GTF MRO Share
40% (full year), 48% (Q3 2025)
Free Cash Flow Conversion Rate
39%
Passenger Traffic Growth
5% year-to-date (August)
Cargo Traffic Growth
3.3% year-to-date
Earnings Call Recording
Other Earnings Calls

Management

Mr. Peter Kameritsch
CFO, Chief Information Officer & Member of the Executive Board
No Bio Available
Mr. Michael Schreyogg
Chief Program Officer & Member of the Executive Board
No Bio Available
Dr. Silke Maurer
COO & Member of Executive Board
No Bio Available
Mr. Thomas Franz
Vice President of Investor Relations
No Bio Available
Marc Sauber
Senior Vice President of Corporate Communication & Public Affairs
No Bio Available

Contacts

Address
BAYERN
Muenchen
Dachauer Strasse 665
Contacts
+498914890.0
www.mtu.de