NYSE : MOG.A
Moog Inc. — Financial statements
Industrials · Aerospace & Defense · United States
Last price 350.67 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 11.11B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Moog Inc. (MOG.A) reported revenue of 4.32B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 4.32B | 3.86B | 3.61B | 3.32B | 3.04B | 2.85B |
| Cost of Revenue | 3.10B | 2.80B | 2.60B | 2.42B | 2.21B | 2.08B |
| Gross Profit | 1.22B | 1.06B | 1.01B | 897.75M | 822.71M | 775.72M |
| Selling, General & Admin | 593.70M | 561.69M | 513.94M | 487.26M | 454.60M | 412.03M |
| Research & Development | 108.02M | 93.67M | 112.77M | 106.55M | 109.53M | 125.53M |
| Operating Expenses | 701.72M | 655.36M | 626.71M | 593.81M | 564.13M | 537.56M |
| Operating Income | 516.15M | 401.99M | 385.70M | 303.94M | 258.58M | 238.17M |
| Interest Expense | -67.00M | -72.08M | -66.33M | -59.84M | -36.76M | -33.89M |
| Earnings From Equity Investments | 409.00K | 409.00K | -226.00K | -62.00K | -724.00K | |
| Currency Exchange Gain (Loss) | -7.73M | 2.21M | 5.12M | 2.78M | -10.40M | 648.00K |
| Other Non Operating Income (Expenses) | 10.67M | -4.50M | -9.56M | 733.00K | 16.02M | 1.89M |
| EBT Excluding Unusual Items | 452.50M | 328.04M | 314.70M | 247.56M | 226.72M | 206.81M |
| Merger & Restructuring Charges | -6.18M | -10.02M | -23.79M | -8.00M | -9.51M | |
| Gain (Loss) on Sale of Investments | -3.00M | -3.00M | -5.29M | |||
| Gain (Loss) on Sale of Assets | 979.00K | 9.13M | 5.73M | -1.54M | ||
| Asset Writedown | -6.06M | -2.37M | -16.86M | -14.63M | -19.32M | -1.50M |
| Other Unusual Items | -12.54M | -642.00K | ||||
| Pretax Income | 437.26M | 312.65M | 269.75M | 221.52M | 202.98M | 203.77M |
| Income Tax Expense | 60.14M | 77.62M | 60.96M | 46.36M | 47.80M | 46.55M |
| Earnings From Continuing Operations | 377.12M | 235.03M | 208.79M | 175.16M | 155.18M | 157.22M |
| Net Income | 377.12M | 235.03M | 208.79M | 175.16M | 155.18M | 157.22M |
| Net Income to Common | 377.12M | 235.03M | 208.79M | 175.16M | 155.18M | 157.22M |
| Shares Outstanding (Basic) | 31.66M | 31.68M | 31.95M | 31.83M | 31.98M | 32.11M |
| Shares Outstanding (Diluted) | 32.05M | 32.08M | 32.36M | 32.04M | 32.12M | 32.30M |
| EPS (Basic) | 11.91 | 7.42 | 6.53 | 5.50 | 4.85 | 4.90 |
| EPS (Diluted) | 11.77 | 7.33 | 6.45 | 5.47 | 4.83 | 4.87 |
| Free Cash Flow | 350.23M | 128.35M | 45.87M | -37.66M | 107.37M | 164.49M |
| Free Cash Flow Per Share | 10.93 | 4.00 | 1.42 | -1.18 | 3.34 | 5.09 |
| Dividend Per Share | 1.18 | 1.15 | 1.11 | 1.07 | 1.03 | 1.00 |
| Gross Margin | 28.20% | 27.39% | 28.05% | 27.07% | 27.10% | 27.20% |
| Operating Margin | 11.95% | 10.41% | 10.69% | 9.16% | 8.52% | 8.35% |
| Profit Margin | 8.73% | 6.09% | 5.79% | 5.28% | 5.11% | 5.51% |
| Free Cash Flow Margin | 8.11% | 3.33% | 1.27% | -1.14% | 3.54% | 5.77% |
| EBITDA | 632.41M | 505.72M | 481.72M | 393.25M | 346.97M | 328.33M |
| EBITDA Margin | 14.65% | 13.10% | 13.35% | 11.86% | 11.43% | 11.51% |
| D&A For EBITDA | 116.26M | 103.73M | 96.03M | 89.30M | 88.39M | 90.16M |
| EBIT | 516.15M | 401.99M | 385.70M | 303.94M | 258.58M | 238.17M |
| EBIT Margin | 11.95% | 10.41% | 10.69% | 9.16% | 8.52% | 8.35% |
| Effective Tax Rate | 13.75% | 24.83% | 22.60% | 20.93% | 23.55% | 22.85% |
Balance sheet
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 66.82M | 62.01M | 61.69M | 68.96M | 101.99M | 99.60M |
| Cash & Short-Term Investments | 66.82M | 62.01M | 61.69M | 68.96M | 101.99M | 99.60M |
| Accounts Receivable | 1.46B | 1.23B | 1.08B | 1.13B | 973.29M | 938.09M |
| Other Receivables | 50.62M | 25.50M | 34.20M | 11.93M | 16.97M | 7.84M |
| Receivables | 1.51B | 1.25B | 1.11B | 1.14B | 990.26M | 945.93M |
| Inventory | 933.94M | 914.30M | 862.54M | 724.00M | 588.47M | 613.10M |
| Prepaid Expenses | 95.44M | 142.09M | 87.10M | 50.47M | 59.11M | 58.29M |
| Restricted Cash | 931.00K | 200.00K | 123.00K | 185.00K | 15.34M | 1.31M |
| Other Current Assets | 12.00K | 250.00K | 648.00K | 388.00K | 1.24M | 551.00K |
| Total Current Assets | 2.60B | 2.37B | 2.12B | 1.99B | 1.76B | 1.72B |
| Property, Plant & Equipment | 1.13B | 1.07B | 981.18M | 870.76M | 737.98M | 706.13M |
| Long-Term Investments | 6.86M | 7.98M | 12.68M | 2.38M | ||
| Goodwill | 869.18M | 842.31M | 833.76M | 821.30M | 805.32M | 851.61M |
| Other Intangible Assets | 57.63M | 66.10M | 63.48M | 71.64M | 85.41M | 106.09M |
| Long-Term Deferred Tax Assets | 31.01M | 22.46M | 23.88M | 8.75M | 8.63M | 17.77M |
| Other Long-Term Assets | 79.06M | 45.64M | 44.71M | 37.57M | 35.72M | 32.79M |
| Total Assets | 4.77B | 4.43B | 4.08B | 3.81B | 3.43B | 3.43B |
| Accounts Payable | 323.62M | 318.40M | 293.89M | 264.57M | 232.10M | 200.60M |
| Accrued Expenses | 184.31M | 260.85M | 241.78M | 207.29M | 200.26M | 208.44M |
| Current Portion of Long-Term Debt | 1.56M | 1.56M | 916.00K | 80.36M | ||
| Current Portion of Leases | 37.09M | 26.62M | 19.84M | 16.90M | 16.25M | 16.19M |
| Current Income Taxes Payable | 27.96M | 30.39M | 51.06M | 29.63M | 17.78M | 12.91M |
| Current Unearned Revenue | 486.57M | 372.99M | 302.13M | 377.98M | 296.90M | 263.69M |
| Other Current Liabilities | 185.97M | 108.25M | 104.73M | 69.10M | 74.23M | 87.17M |
| Total Current Liabilities | 1.25B | 1.12B | 1.01B | 965.47M | 838.44M | 869.36M |
| Long-Term Debt | 906.43M | 944.12M | 874.14M | 863.09M | 836.87M | 823.36M |
| Long-Term Leases | 200.47M | 171.70M | 154.91M | 127.62M | 89.70M | 73.18M |
| Pension & Post-Retirement Benefits | 153.69M | 157.22M | 167.16M | 157.46M | 140.60M | 162.73M |
| Long-Term Deferred Tax Liabilities | 32.24M | 32.60M | 27.65M | 37.63M | 63.53M | 64.64M |
| Other Long-Term Liabilities | 9.36M | 8.79M | 11.55M | 20.68M | 25.89M | 39.76M |
| Total Liabilities | 2.55B | 2.43B | 2.25B | 2.17B | 2.00B | 2.03B |
| Common Stock | 51.28M | 51.28M | 51.28M | 51.28M | 51.28M | 51.28M |
| Additional Paid-In Capital | 1.24B | 839.33M | 784.51M | 608.27M | 516.12M | 509.62M |
| Retained Earnings | 3.12B | 2.83B | 2.64B | 2.50B | 2.36B | 2.24B |
| Treasury Stock | -1.26B | -1.21B | -1.08B | -1.06B | -1.05B | -1.01B |
| Comprehensive Income & Other | -928.74M | -523.40M | -560.68M | -462.50M | -443.63M | -391.10M |
| Total Common Equity | 2.22B | 1.99B | 1.83B | 1.64B | 1.44B | 1.40B |
| Shareholders' Equity | 2.22B | 1.99B | 1.83B | 1.64B | 1.44B | 1.40B |
| Total Liabilities & Equity | 4.77B | 4.43B | 4.08B | 3.81B | 3.43B | 3.43B |
| Total Debt | 1.15B | 1.14B | 1.05B | 1.01B | 943.73M | 993.09M |
| Net Cash (Debt) | -1.08B | -1.08B | -987.19M | -938.66M | -841.74M | -893.49M |
| Net Cash Per Share | -33.66 | -33.73 | -30.51 | -29.29 | -26.21 | -27.66 |
| Filing Date Shares Outstanding | 31.67M | 31.68M | 32.00M | 31.89M | 31.73M | 32.11M |
| Total Common Shares Outstanding | 31.65M | 31.66M | 31.99M | 31.88M | 31.78M | 32.09M |
| Working Capital | 1.36B | 1.25B | 1.11B | 1.02B | 917.97M | 849.42M |
| Book Value Per Share | 70.19 | 62.93 | 57.18 | 51.32 | 45.21 | 43.63 |
| Tangible Book Value | 1.30B | 1.08B | 931.57M | 743.15M | 546.08M | 442.44M |
| Tangible Book Value Per Share | 40.91 | 34.24 | 29.12 | 23.31 | 17.18 | 13.79 |
| Land | 33.28M | 33.87M | 32.27M | 31.42M | 32.16M | 35.76M |
| Buildings | 753.27M | 737.05M | 698.33M | 646.08M | 519.87M | 506.45M |
| Machinery | 1.32B | 1.24B | 1.14B | 1.06B | 970.71M | 971.05M |
| Order Backlog | 6.01B | 5.06B | 5.15B | 5.20B | 4.80B |
Cash flow statement
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 377.12M | 235.03M | 208.79M | 175.16M | 155.18M | 157.22M |
| Depreciation & Amortization | 116.26M | 103.73M | 96.03M | 89.30M | 88.39M | 90.16M |
| Loss (Gain) From Sale of Assets | -979.00K | -9.13M | -5.73M | 1.54M | ||
| Asset Writedown & Restructuring Costs | 1.07M | 5.37M | 22.15M | 14.63M | 18.05M | 1.50M |
| Stock-Based Compensation | 19.95M | 16.71M | 14.96M | 10.58M | 8.88M | 7.46M |
| Other Operating Activities | 13.13M | 6.36M | -16.34M | -11.87M | 22.16M | 7.37M |
| Change in Accounts Receivable | -236.28M | -151.66M | -14.51M | -104.70M | -86.87M | -73.46M |
| Change in Inventory | -8.03M | -51.77M | -131.33M | -127.44M | -28.68M | 19.58M |
| Change in Accounts Payable | 33.02M | 24.71M | 26.45M | 28.64M | 43.35M | 20.52M |
| Change in Unearned Revenue | 180.17M | 81.60M | -41.72M | 39.45M | 42.10M | 59.30M |
| Change in Income Taxes | -21.48M | -20.21M | 14.50M | 23.64M | 3.07M | 4.65M |
| Change in Other Net Operating Assets | 10.69M | 23.22M | 19.87M | 11.38M | -13.10M | -2.61M |
| Operating Cash Flow | 485.61M | 273.09M | 197.86M | 139.65M | 246.80M | 293.23M |
| Capital Expenditures | -135.38M | -144.73M | -152.00M | -177.31M | -139.43M | -128.73M |
| Sale of Property, Plant & Equipment | 3.06M | 1.45M | 19.70M | 13.30M | 14.68M | |
| Cash Acquisitions | -41.18M | -41.18M | -5.91M | -11.83M | -77.60M | |
| Divestitures | 13.49M | 1.63M | 1.89M | 57.31M | ||
| Other Investing Activities | -893.00K | -2.83M | -766.00K | -11.46M | -4.57M | 502.00K |
| Investing Cash Flow | -174.39M | -175.26M | -155.59M | -167.17M | -85.22M | -191.16M |
| Long-Term Debt Issued | 1.48B | 1.04B | 1.04B | 840.48M | 878.65M | |
| Total Debt Issued | 2.11B | 1.48B | 1.04B | 1.04B | 840.48M | 878.65M |
| Long-Term Debt Repaid | -1.42B | -1.04B | -1.02B | -910.69M | -909.17M | |
| Total Debt Repaid | -2.30B | -1.42B | -1.04B | -1.02B | -910.69M | -909.17M |
| Net Debt Issued (Repaid) | -190.80M | 59.34M | 2.96M | 21.45M | -70.21M | -30.52M |
| Issuance of Common Stock | 69.31M | 52.23M | 43.89M | 35.50M | 31.66M | 11.54M |
| Repurchase of Common Stock | -139.37M | -171.69M | -59.58M | -43.56M | -63.39M | -35.91M |
| Common Dividends Paid | -37.39M | -36.43M | -35.48M | -34.07M | -32.97M | -32.11M |
| Other Financing Activities | -3.31M | -1.74M | -2.03M | |||
| Financing Cash Flow | -301.56M | -98.29M | -48.20M | -22.71M | -134.91M | -87.00M |
| Foreign Exchange Rate Adjustments | -918.00K | -1.86M | 1.32M | 2.04M | -10.26M | 768.00K |
| Net Cash Flow | 8.74M | -2.32M | -4.61M | -48.18M | 16.41M | 15.84M |
| Free Cash Flow | 350.23M | 128.35M | 45.87M | -37.66M | 107.37M | 164.49M |
| Free Cash Flow Margin | 8.11% | 3.33% | 1.27% | -1.14% | 3.54% | 5.77% |
| Free Cash Flow Per Share | 10.93 | 4.00 | 1.42 | -1.18 | 3.34 | 5.09 |
| Levered Free Cash Flow | 333.47M | 32.20M | 59.02M | -59.52M | 109.71M | 86.12M |
| Unlevered Free Cash Flow | 375.35M | 77.24M | 100.48M | -22.12M | 132.69M | 107.30M |
| Cash Interest Paid | 70.98M | 70.98M | 65.38M | 59.45M | 34.77M | 35.22M |
| Cash Income Tax Paid | 100.35M | 100.35M | 78.48M | 69.25M | 24.05M | 44.04M |
| Change in Working Capital | -41.92M | -94.11M | -126.74M | -129.02M | -40.12M | 27.98M |
Ratios
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 11.11B | 6.49B | 6.42B | 3.60B | 2.25B | 2.52B |
| Enterprise Value | 12.18B | 7.70B | 7.48B | 4.64B | 3.12B | 3.44B |
| Last Close Price | 350.67 | 203.86 | 198.86 | 111.08 | 68.43 | 75.42 |
| PE Ratio | 29.80 | 27.60 | 30.73 | 20.57 | 14.52 | 16.03 |
| Forward PE | 30.02 | 22.15 | 25.64 | 17.18 | 12.21 | 14.50 |
| PS Ratio | 2.57 | 1.68 | 1.78 | 1.09 | 0.74 | 0.88 |
| PB Ratio | 5.00 | 3.26 | 3.51 | 2.20 | 1.57 | 1.80 |
| P/TBV Ratio | 8.58 | 5.98 | 6.89 | 4.85 | 4.13 | 5.70 |
| P/FCF Ratio | 31.71 | 50.54 | 139.87 | 20.98 | 15.32 | |
| P/OCF Ratio | 22.87 | 23.75 | 32.42 | 25.80 | 9.13 | 8.59 |
| PEG Ratio | 2.00 | 1.27 | 1.58 | 0.95 | 1.32 | 1.34 |
| EV/Sales Ratio | 2.82 | 2.00 | 2.07 | 1.40 | 1.03 | 1.21 |
| EV/EBITDA Ratio | 19.27 | 15.23 | 15.53 | 11.80 | 9.00 | 10.47 |
| EV/EBIT Ratio | 23.61 | 19.16 | 19.40 | 15.27 | 12.07 | 14.43 |
| EV/FCF Ratio | 34.79 | 60.02 | 163.13 | 29.07 | 20.90 | |
| Debt / Equity Ratio | 0.52 | 0.57 | 0.57 | 0.62 | 0.66 | 0.71 |
| Debt / EBITDA Ratio | 1.73 | 2.13 | 2.05 | 2.38 | 2.51 | 2.77 |
| Debt / FCF Ratio | 3.27 | 8.91 | 22.87 | 8.79 | 6.04 | |
| Net Debt / Equity Ratio | 0.48 | 0.54 | 0.54 | 0.57 | 0.59 | 0.64 |
| Net Debt / EBITDA Ratio | 1.71 | 2.14 | 2.05 | 2.39 | 2.43 | 2.72 |
| Net Debt / FCF Ratio | 3.08 | 8.43 | 21.52 | -24.93 | 7.84 | 5.43 |
| Asset Turnover | 0.94 | 0.91 | 0.92 | 0.92 | 0.88 | 0.86 |
| Inventory Turnover | 3.34 | 3.15 | 3.27 | 3.69 | 3.68 | 3.36 |
| Quick Ratio | 1.26 | 1.17 | 1.16 | 1.25 | 1.30 | 1.20 |
| Current Ratio | 2.09 | 2.12 | 2.10 | 2.06 | 2.10 | 1.98 |
| Return on Equity (ROE) | 18.11% | 12.30% | 12.05% | 11.40% | 10.94% | 11.90% |
| Return on Assets (ROA) | 7.04% | 5.91% | 6.11% | 5.25% | 4.71% | 4.47% |
| Return on Invested Capital (ROIC) | 13.59% | 10.26% | 11.08% | 9.90% | 8.65% | 8.22% |
| Return on Capital Employed (ROCE) | 14.60% | 12.20% | 12.60% | 10.70% | 10.00% | 9.30% |
| Earnings Yield | 3.36% | 3.62% | 3.25% | 4.86% | 6.89% | 6.24% |
| FCF Yield | 3.15% | 1.98% | 0.71% | -1.04% | 4.77% | 6.53% |
| Dividend Yield | 0.34% | 0.56% | 0.55% | 0.95% | 1.45% | 1.27% |
| Payout Ratio | 10.20% | 15.50% | 16.99% | 19.45% | 21.25% | 20.42% |
| Buyback Yield / Dilution | 0.36% | 0.85% | -0.98% | 0.23% | 0.56% | 3.41% |
| Total Shareholder Return | 0.70% | 1.42% | -0.43% | 1.17% | 2.01% | 4.68% |