MTU stock holds gains as higher earnings and order backlog support valuation
Published on 07/26/2026 at 07:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
MTU stock is currently trading with support from higher earnings and a larger order backlog, after the German aircraft engine specialist MTU Aero Engines AG (ISIN DE000A0D9PT0) reported increased revenue and profit for 2024 and highlighted ongoing investment in future growth.
Revenue grows and profit improves
According to the companys latest published full-year figures for 2024, MTU Aero Engines generated revenue of EUR 6.33 billion in 2024, up from EUR 5.53 billion in 2023, reflecting a year-on-year increase of about 14.5 percent in its overall business activity. The company also reported that adjusted earnings before interest and taxes (EBIT) rose to EUR 937 million in 2024 compared with EUR 819 million in 2023, illustrating an improvement in operating profitability alongside the higher sales base. In addition, net income attributable to shareholders increased to EUR 681 million in 2024 from EUR 564 million in 2023, underscoring the companys ability to translate revenue growth into bottom-line gains for investors.
Management pointed to continued strong demand in the maintenance, repair, and overhaul (MRO) segment and ongoing deliveries in the commercial engine programs as key drivers of the 2024 performance. Civil aftermarket activities benefited from higher flight hours and continued recovery in global air traffic, while original equipment business was supported by deliveries for narrowbody and widebody aircraft platforms. The combination of these factors contributed to both the double-digit rise in revenue and the higher EBIT level that MTU Aero Engines reported for 2024.
Order backlog and investment frame outlook
MTU Aero Engines also ended 2024 with a substantial order backlog that provides medium-term revenue visibility. The company reported that its order backlog reached approximately EUR 35 billion at the end of 2024, compared with roughly EUR 32 billion a year earlier, representing an increase of around EUR 3 billion within twelve months. This backlog covers both original equipment commitments and long-term service agreements, particularly for modern engine families used in commercial aviation.
In addition to the order situation, MTU Aero Engines has continued to invest in capacity and technology. Capital expenditure in 2024 came to around EUR 410 million, slightly above the roughly EUR 400 million level reported for 2023, as the company expanded production and MRO capabilities and advanced development work on future engine technologies. These investments accompanied the higher earnings and are intended to support both current program ramp-ups and long-term efficiency and sustainability initiatives in the engine portfolio.
More background on MTU Aero Engines
Further company announcements, financial reports, and regulatory disclosures on MTU Aero Engines AG can be accessed in the investor section and via the ISIN news overview.
Civil engines power key programs
On the product side, MTU Aero Engines plays a central role in several major civil engine platforms that underpin its revenue and order backlog. The company is a key partner in the geared turbofan programs for single-aisle aircraft, as well as in selected widebody engine projects. In its 2024 reporting, MTU Aero Engines indicated that civil engine and related service activities together accounted for a majority share of group revenue, supported by rising passenger traffic and increasing utilization of the installed engine base.
MTU stock and market context
In equity markets, MTU stock is traded primarily on the Xetra platform in Frankfurt and is part of Germanys DAX index of large listed companies. The share price reflects expectations for ongoing growth in engine deliveries and aftermarket demand, as well as the substantial order backlog that MTU Aero Engines has built. Against this backdrop, recent financial figures for 2024, including revenue of EUR 6.33 billion and EBIT of EUR 937 million, provide the fundamental frame for the current valuation of MTU stock and its role within the broader European aerospace and defense sector.
MTU Aero Engines key facts
- Company: MTU Aero Engines AG
- ISIN: DE000A0D9PT0
- WKN: A0D9PT
- Ticker: XETRA: MTX
- Trading venue: Xetra
- Sector / Industry: Industrials / Aerospace and Defense
- Index membership: DAX
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