Gross margin expanded to 30.9% from 25.1% at the Piedmont aviation components MRO unit, beating expectations. The catch is cash: operating cash flow halved to $3.8 million on an inventory build.
TAT Technologies Ltd
TATT at a Glance
- Market cap
- $413.3M
- P/E ratio
- 20.0
- Revenue (TTM)
- $186.9M
- Profit margin
- 11.3%
- EPS (TTM)
- $1.59
- 52-week range
- $30 – $65
- Street target
- $60.00
- Next report
- Nov 2, 2026
Headquartered in Charlotte, NC Fiscal year ends December NASDAQ: TATT tat-technologies.com
About TAT Technologies
TAT Technologies Ltd. provides products and services to the commercial aerospace, military aerospace and ground defense sectors. It operates through four reportable segments:
- OEM of heat transfer solutions and aviation accessories, mainly from its Kiryat Gat, Israel facility. Products include pre-coolers, heat exchangers, oil/fuel hydraulic coolers, environmental control and power electronics cooling systems, pumps, valves and turbine power units.
- MRO services for heat transfer components, plus some heat transfer OEM manufacturing, through its FAA-certified Limco Airepair subsidiary.
- MRO services for aviation components, mainly auxiliary power units and landing gear, plus APU leasing and parts trading, through its FAA-certified Piedmont Aviation Component Services subsidiary. This is the largest segment by revenue.
- Overhaul and coating of jet engine components such as turbine vanes and blades, fan blades and afterburner flaps, through Turbochrome.
TAT also runs a distribution activity (TAT Distribution) under an agreement with Honeywell. Customers include airlines, air cargo carriers, maintenance service centers and militaries; the United States is its largest market. The company holds 51% of the TAT-Engineering joint venture, accounted for under the equity method. Services account for roughly 72% of revenue. TAT is investing in R&D via its new FutureWorks R&D Lab and a NewGen thermal solution. It funds growth, including potential acquisitions, through a $75.0 million revolving credit facility. Its shares trade on NASDAQ (TATT) and the Tel Aviv Stock Exchange. Updated
Frequently Asked Questions
What does TAT Technologies do?
TAT Technologies Ltd. provides products and services to the commercial aerospace, military aerospace and ground defense sectors. It operates through four reportable segments: - OEM of heat transfer solutions and aviation accessories, mainly from its Kiryat Gat, Israel facility.
What is the TATT stock price target?
The Wall Street consensus 12-month price target for TATT is $60.00.