TAT Technologies
Designs thermal systems and repairs aircraft components for aerospace and defense operators.
Something off on this page? Send us feedback.
Profile
Supplies thermal-management systems and aviation accessories, while repairing heat-transfer equipment, APUs, landing gear and jet-engine components. The model combines OEM work with MRO, parts trading and APU leasing across Israel and the United States.
Thermal management, power and actuation, and maintenance, repair and overhaul form the core business. Kiryat Gat produces OEM heat-transfer systems and aviation accessories; Limco repairs heat-transfer equipment; Piedmont services APUs, landing gear and other aircraft components; and Turbochrome overhauls and coats jet-engine components.
Commercial and military aerospace and ground-defense customers are served from operations in Israel and the United States, with the group office in Charlotte.
The model combines component design and manufacture with repair, overhaul, parts trading and APU leasing. Activity depends on aircraft utilization, airline and military maintenance budgets, certified repair capabilities, component availability and customer contract wins.
Company facts
Categories
Key statistics
Year to date −23.6% · Average volume (30d) 175.9K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Prior target | Target |
|---|---|---|---|---|---|---|
| Aug 6, 2026 | B.Riley Financial | Target | $65 | |||
| Feb 4, 2026 | Lake Street | Target | $37 | $59 | ||
| Jan 16, 2026 | Freedom Broker | Upgrade | Hold | Buy | ||
| Dec 30, 2025 | Loop Capital Markets | Target | $53 | |||
| Nov 17, 2025 | Freedom Broker | Downgrade | Buy | Hold |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 5, 2026Q2 FY26 | $0.30 | $0.61 | +103.3% | $44.9M | $52.9M | +18.0% | +2.33% |
| May 20, 2026Q1 FY26 | $0.19 | $0.26 | +36.8% | $40.2M | $41.1M | +2.2% | −5.92% |
| Mar 18, 2026Q4 FY25 | $0.38 | $0.36 | −5.3% | $48.0M | $46.5M | −3.1% | −16.32% |
| Nov 12, 2025Q3 FY25 | $0.40 | $0.37 | −7.5% | $48.0M | $46.2M | −3.8% | −0.70% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $42.1M | $43.1M | $46.2M | $46.5M | $41.1M | $52.9M | |
| Gross profit | $10.0M | $10.8M | $11.6M | $11.7M | $10.0M | $13.3M | |
| Operating income | $4.2M | $4.4M | $5.3M | $4.5M | $3.0M | $5.6M | |
| Net income | $3.8M | $3.4M | $4.8M | $4.7M | $3.4M | $8.1M | |
| Diluted EPS | $0.34 | $0.30 | $0.37 | $0.36 | $0.26 | $0.61 | |
| Gross margin | 23.6% | 25.1% | 25.1% | 25.2% | 24.4% | 25.2% | |
| Operating margin | 9.9% | 10.3% | 11.4% | 9.8% | 7.3% | 10.6% |
Fiscal years (4-quarter sums)FY21 $78.0M · FY22 $84.6M · FY23 $113.8M · FY24 $152.1M · FY25 $178.0M
Revenue by product · FY25
Revenue by geography · FY25
Balance sheet, Jun 30, 2026Cash & short-term investments $54.6M · Total debt $16.7M · Total assets $246.6M · Shareholders' equity $188.9M
Dividends
No dividends on record.
Ownership
Shares outstanding 13.00M · Float 12.98M · 99.8% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Meitav Investment House Ltd | 2.40M | 18.48% | 13G | Jun 10, 2026 |
| B.Y.M. Mor Investments Ltd. | 1.34M | 12.40% | 13D/G | Sep 12, 2024 |
| Phoenix Financial Ltd. | 1.14M | 8.80% | 13G | May 12, 2026 |
| Y.D. More Investments Ltd | 810.0K | 6.23% | 13F | May 4, 2026 |
| Wasatch Advisors LP | 768.7K | 5.90% | 13G | Jul 17, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jun 17, 2026 | Paul Maness | other: TAT Tulsa General Manager | −5,000 | $45.41 |
| Jun 1, 2026 | Jason Lewandowski | officer: Chief Operating Officer | −3,125 | $41.14 |
| May 26, 2026 | Jason Lewandowski | officer: Chief Operating Officer | −3,125 | $39.22 |
Peers
- StandardAero
Independent MRO provider in APUs and engine-component repair
- RTX
OEM-backed aftermarket provider for aircraft systems and propulsion
- AAR
Aviation aftermarket provider for component repair and parts support
- HEICO
Aftermarket aircraft and engine parts plus repair and overhaul services
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| TAT Technologies | $36.30 | −0.14% | $471.8M | 22.7 | 21.8 | 2.5 | +22.8% |
| StandardAero | $26.00 | +4.00% | $8.32B | 25.8 | 17.0 | 1.3 | +4.6% |
| RTX | $212.00 | +0.13% | $285.33B | 37.3 | 28.8 | 3.1 | +14.5% |
| AAR | $133.19 | +0.04% | $5.31B | 27.4 | 23.0 | 1.6 | +23.0% |
| HEICO | $336.53 | −0.01% | $46.89B | 56.1 | 50.6 | 9.1 | +23.1% |
| Median | 32.3 | 25.9 | 2.3 | +18.7% |






