Moog vs Woodward
Moog and Woodward are similar in size: $3.86bn and $3.57bn of revenue in their latest fiscal years. Woodward grew faster (7.3% against 7.0%). Woodward kept more of each dollar of sales as profit: a net margin of 12.4% against 6.1%. Woodward carries less debt relative to equity (27.4% against 47.5%).
| Latest fiscal year | MoogMOG.A, 2025 | WoodwardWWD, 2025 |
|---|---|---|
| Revenue | $3.86bn | $3.57bn |
| Revenue growth | 7.0% | 7.3% |
| Net income | $235m | $442m |
| Operating margin | 11.6% | — |
| Net margin | 6.1% | 12.4% |
| Return on equity | 12.3% | 18.6% |
| Free cash flow | $128m | $340m |
| Cash | $62.0m | $327m |
| Total debt | $946m | $702m |
| Debt to equity | 47.5% | 27.4% |
| Dividend per share | $1.15 | $1.09 |
| Dividend yield | 0.3% | 0.4% |
| Share buybacks | $143m | $173m |
| Employees | 13,500 | — |
| Market value | $11.69bn | $20.30bn |
| Price vs our value range | Above our value range | Above our value range |
| Moat score | 54 (Moderate) | 68 (Moderate) |
| Insider trades, 12 months | 0 buys, 18 sales | 0 buys, 73 sales |