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ESTERLINE TECHNOLOGIES CORP

No Longer Reporting

The company has not filed an annual or quarterly report since its Q1 FY2019 10-Q, filed Feb 5, 2019. Its latest SEC filing is a EFFECT from Aug 20, 2021.

The sections below describe the company as of the FY2018 annual report.

What Did They Do?

Designs and manufactures engineered products and systems for aerospace, defense, and industrial customers.

How Did They Make Money?

FY2018 revenue

Who Were Their Customers?

Its buyers include aircraft and engine makers, airlines and governments, as well as medical and industrial customers; sales are handled through direct sales teams, manufacturer representatives, and selected distributors.

Did Revenues Turn Into Profits?

Yes. It kept 3 cents of every revenue dollar as net income in FY2018.

Operating income, FY2018
9% of revenue
▼ 0% vs FY2017 ($183.1M, 9%)
Net income, FY2018
3% of revenue
▼ −38% vs FY2017 ($111.6M, 6%)

How Were They Changing?

Since the FY2018 annual report
Latest quarter: Q1 FY2019, the three months to Dec 28, 2018
Revenue
▲ +1%
vs $482M in Q1 FY2018
Net income
▲ Now profitable
vs −$35M in Q1 FY2018
  • Mar 14, 2019 TransDigm completed its acquisition of Esterline Esterline became a wholly owned subsidiary, and its NYSE shares were halted with delisting requested.

Held flat. Revenue was $2B in FY2018, about the same as the $2B of FY2014.

Who Did They Compete With?

Competes with Astronautics, BAE, Bose, Eaton, Elbit, EMS, Essex Industries, GE Aerospace, Honeywell, IAI, L-3, Otto Controls, RAFI, SELEX, Telephonics, Thales, Ultra Electronics, United Technologies, Universal Avionics Systems, and Zodiac

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