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Moog Inc. (MOG.A) stock

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NYSE: MOG.A NYSE Aerospace & Defense Next results ~November 20, 2026

B Fundamentals grade

Moog Inc. is a US-listed company in the aerospace & defense industry. Its financial year ends in September.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$150

Cash-flow model

Base case. Range ~$110–$210 across our lower- and higher-growth cases (8%–18% a year).

Price vs value

Overvalued

The price is above our entire value range; our base value is 57% below it.

Price used: $356.65, November 2, 2026

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

Value diary

Our note on each quarter Moog files

Where Moog stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $4.32bn, up 15.7% on a year earlier, faster than the 13.5% growth a quarter earlier. Free-cash-flow margin rose to 8.1% from 1.0% a year earlier. Operating margin widened to 13.3% from 11.2%. Against its peers on growth, profitability, cash generation and balance sheet, it grades C+. It passes 5 of our 7 financial-health checks. Our cash-flow model value is $163 a share, against a share price of $357. At that price, our model says the market is pricing in about 26.0% a year of cash-flow growth for five years, faster than the 8.6% a year revenue growth it has delivered.

Source: 10-Q filed July 31, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 20, 2026 (estimated)

Moog Inc.'s trailing-twelve-month revenue grew 15.7% year on year, with a free-cash-flow margin of 8.1%. Where it stands out: stock pay as % of revenue of 0.5% ranks 11 of 53 aerospace & defense companies we cover.

Our discounted-cash-flow model values the business at ~$150 per share in the base case (~$110–$210 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 806.2% while net income grew 76.9%: a 729pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Strengths

  • Fast growth. Revenue grew 15.7% over the last 12 months, against a median of 15.5% for aerospace & defense companies we cover.
  • Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.

Things to watch

  • Priced above our value. The share price of $356.65 is 57% above our value per share of $150.

Latest results: FY2026 Q3

Filed July 31, 2026
Earnings per share
$3.72 against an average estimate of $2.66: beat by 39.9%
Revenue
$1.12bn, up 15.2% on a year earlier
Share reaction
-5.6% in the first session after the results on July 31, 2026, against +2.2% for the S&P 500
Guidance given
net sales (in billions) $4.4bn (FY 2026 Guidance); adjusted operating margin 14.1% (FY 2026 Guidance)
Next report
November 20, 2026; average EPS estimate $2.68

Moog's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+1.7%
  • 1 week-0.5%
  • 1 month-9.2%
  • This year+46.8%
  • 1 year+74.8%
  • 5 years+378.9%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$4.3B
Operating margin
13.3%
Net margin
8.7%
EPS (TTM, diluted)
$11.76

Growth

Revenue growth
+15.7%
Change in growth rate
+2.3 pts
Share count change
−0.3%

Cash

Free cash flow (TTM)
$350M
FCF margin
8.1%
Stock pay % of revenue
0.5%

Earnings

Last results
July 31, 2026
Next results (est.)
November 20, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Insider trade
  2. Results
  3. Guidance
  4. Leadership

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

What the price is pricing in

The share price implies about 26.2% a year of cash-flow growth for five years.That is faster than the 8.6% a year revenue growth Moog has delivered.

  • Priced in26.2%
  • Last 12 months15.7%
  • 3 years a year10.3%
  • 5 years a year8.6%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($363.30, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Sell12-month view
12-month price target
~$150
Price used
$363.30close November 3, 2026
Implied change
▼ 58%
Uncertainty
Medium

How we got here: a discounted-cash-flow model of Moog Inc.'s free cash flow after stock-based pay with after-tax interest added back ($201M, FY2026 Q3 TTM), growing 9.1% and 11.5% in the next two years (forecasts, guidance and its record), then back to 13% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$110–~$210 ; that spread sets a 25% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Moog Inc.'s free cash flow after stock-based pay ( $201M, FY2026 Q3 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Moog Inc. as an operating company, with every model that fits that kind of business. Cost of equity 9.8%: the 10-year Treasury yield (4.9%) plus a beta of 1.08 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$150 ~$110–$210 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$290 ~$240–$410 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$98 ~$70–$140 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$100 ~$87–$120 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$160 ~$98–$290 4 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Moog Inc. with Aerospace & Defense in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −26%
  • Revenue growth 5 points higher ▲ +33%
  • Free-cash-flow margin 1 point lower ▼ −11%
  • Last year's free-cash-flow margin change, if it persists ▲ more than doubles
  • Discount rate 1 point higher ▼ −17%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $60$92$135$191$265$360
8.5% $39$62$93$133$186$253
10% $26$44$68$99$138$190

Valuation multiples over time Market data may be delayed

Moog Inc.: market value and multiples by fiscal year
At fiscal year end 2016201720182019202020212022202320242025Now
Share price$54.91$76.94$79.78$76.74$63.35$75.42$68.43$111.08$198.86$203.86$356.65
Market value$2.0bn$2.8bn$2.9bn$2.7bn$2.1bn$2.4bn$2.2bn$3.6bn$6.4bn$6.5bn$11.4bn
+ Net debt (− = net cash)$687m$592m$739m$744m$854m$811m$740m$799m$815m$884m$852m
Enterprise value$2.7bn$3.4bn$3.6bn$3.4bn$3.0bn$3.2bn$2.9bn$4.4bn$7.2bn$7.4bn$12.3bn
Multiples
Price / sales 0.8x1.1x1.1x0.9x0.7x0.9x0.7x1.1x1.8x1.7x2.6x
Price / earnings 15.8x19.7x30.2x15.5xn/m15.5x14.2x20.3x30.8x27.8x30.3x
Price / free cash flow 13.5x19.6xn/m42.8x11.1x14.8x20.5x—140.3x51.0x32.7x
EV / EBITDA 8.0x9.7x10.3x8.5x9.8x9.0x7.9x10.1x14.5x13.4x17.8x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

54 /100

Moderate moat

How hard Moog's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 5 / 20

    Net income has been a median 4.6% of total assets over 10 years.

  • Pricing power 10 / 20

    Gross margin has been a median 27.8%, moving by 1.0 percentage points (standard deviation) across 10 years.

  • Durability 12 / 20

    Operating margin has been a median 10.0%; its worst year was 8.6%.

  • Cash conversion 10 / 20

    Free cash flow was positive in 8 of 10 years, at a median 2.9% of revenue.

  • Discipline 17 / 20

    The diluted share count fell 1.0% over five years; stock-based pay has been a median 0.3% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 20, 2026, before the open. Analysts expect revenue of $1.1bn and EPS of $2.68 (range $2.61 to $2.73) for the quarter.

Analysts' consensus

Moog Inc.: consensus estimates
Fiscal yearEPSGrowthRevenueGrowth
Current $11.77 +35% $4.4bn +14%
Next $12.24 +4% $4.7bn +7%

Next year's EPS estimate has moved +4.9% in 90 days, across 4 analysts.

Earnings against estimates

Moog Inc.: reported EPS against the consensus estimate
Quarter toEstimateActualSurprise
Jun 2026 $2.66 $3.72 +39.9%
Mar 2026 $2.36 $2.64 +11.7%
Dec 2025 $2.21 $2.63 +18.9%
Sept 2025 $2.22 $2.56 +15.4%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, July 31, 2026
  • Net sales (in billions) FY 2026 Guidance about $4.4bn Raised
    “Net sales (in billions) $ 4.4 $ 4.3” source
  • Adjusted diluted net earnings per share FY 2026 Guidance about $11.65 Non-GAAP Raised
    “Adjusted diluted net earnings per share (1) $ 11.65 $ 10.60” source
  • Adjusted operating margin FY 2026 Guidance about 14.1% Non-GAAP Raised
    “Adjusted operating margin 14.1 % 13.4 %” source
  • Free cash flow conversion FY 2026 Guidance about 70% Non-GAAP Raised
    “Free cash flow conversion 70 % 60 %” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

How our valuation uses these forecasts

Our cash-flow model grows Moog Inc.'s revenue by +9.1% next year and +11.5% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+7.6%, weight 51%) , management guidance (+7.4%, weight 21%) and the company's own record (+13.0%, weight 28%) . How the weights are set.

Analyst recommendations

6 analysts, Oct 2026
Buy583%
Hold117%
Sell00%

Monthly trend

  1. Oct 20263216
  2. Sep 20262226
  3. Aug 20262215
  4. Jul 20262215

Counts of recommendations published by analysts covering Moog Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
4.5%
of tradable shares
Days to cover
3.28
at average volume
Short interest, 1 month
+34%
to September 30, 2026
Held by institutions
—
of shares
Held by insiders
1.8%
of shares
Employees
13,500
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +74.8%

$204.07 on October 31, 2025 to $356.65

Moog Inc.: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $3.7bn $4.3bn +15.7%
Net margin 5.7% 8.7% +52.9%
P/E multiple 30.8x 30.3x −1.5%
Share count 32m 32m +0.3%

Biggest factor: net margin.

Last 3 years +173.4%

$130.43 on November 3, 2023 to $356.65

Moog Inc.: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $3.2bn $4.3bn +34.3%
Net margin 5.0% 8.7% +74.6%
P/E multiple 26.0x 30.3x +16.8%
Share count 32m 32m −0.2%

Biggest factor: net margin.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Moog Inc.: yearly return, monthly win rate and worst fall against the S&P 500
Calendar year 202120222023202420252026 to date
Return
MOG.A+3%+10%+67%+37%+25%+47%
Industry peers (median)−6%−11%+13%+22%+16%−12%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
MOG.A50%58%75%58%58%64%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
MOG.A−26%−21%−12%−17%−29%−23%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 64% from April 23, 2019 to March 18, 2020. Getting back needed a 176% gain, reached on January 26, 2023, 1044 days after the low.

Price behaviour

52-week range
$194.79 – $445.38
From 52-week high
−19.9%
vs 50-day average
−3.3%
vs 200-day average
+1.0%
Volatility (1 year)
36%
Beta vs S&P 500
1.12

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
8 up, 4 down
typical move ±6.5%
After a week
8 up, 4 down
typical move ±7.4%
After a month
9 up, 3 down
typical move ±13.0%
Moog Inc.: share-price change after each results release
Results releasedNext dayS&P 500 next day5 days21 days
July 31, 2026 −5.6% +2.2% −3.8% −11.3%
April 24, 2026 +0.6% +0.9% −1.8% +12.1%
January 30, 2026 +9.7% +0.2% +12.6% +18.3%
November 21, 2025 +11.2% +2.5% +14.0% +26.6%
July 25, 2025 +0.9% +0.4% +2.9% +6.3%
April 25, 2025 −2.5% +0.8% +4.8% +10.7%
January 24, 2025 −15.6% −1.7% −13.4% −19.8%
November 1, 2024 +3.9% +0.2% +18.6% +15.8%
August 2, 2024 −10.9% −4.7% −1.7% −1.3%
April 26, 2024 +3.4% +1.3% +4.0% +8.7%
January 26, 2024 +2.4% +0.7% +0.6% +6.5%
November 3, 2023 +11.0% +1.1% +10.8% +18.8%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Moog Inc.’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Cash-secured put

Not offered: rated Sell.

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: no liquid put and call pair for the same expiry.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Moog Inc. in five measures

Fundamentals grade B
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Moog Inc.
$3B $3.5B $4B $4.5B FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $3.3B Revenue (TTM), FY24 Q1: $3.4B Revenue (TTM), FY24 Q2: $3.5B Revenue (TTM), FY24 Q3: $3.6B Revenue (TTM), FY24 Q4: $3.6B Revenue (TTM), FY25 Q1: $3.7B Revenue (TTM), FY25 Q2: $3.7B Revenue (TTM), FY25 Q3: $3.7B Revenue (TTM), FY25 Q4: $3.9B Revenue (TTM), FY26 Q1: $4.1B Revenue (TTM), FY26 Q2: $4.2B Revenue (TTM), FY26 Q3: $4.3B $4.3B

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $3.3B
FY24 Q1 $3.4B
FY24 Q2 $3.5B
FY24 Q3 $3.6B
FY24 Q4 $3.6B
FY25 Q1 $3.7B
FY25 Q2 $3.7B
FY25 Q3 $3.7B
FY25 Q4 $3.9B
FY26 Q1 $4.1B
FY26 Q2 $4.2B
FY26 Q3 $4.3B
Revenue growth, TTM YoY Moog Inc.
0% 5% 10% 15% 20% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: 9.2% Revenue growth, TTM YoY, FY24 Q1: 11.1% Revenue growth, TTM YoY, FY24 Q2: 11.4% Revenue growth, TTM YoY, FY24 Q3: 10.7% Revenue growth, TTM YoY, FY24 Q4: 8.8% Revenue growth, TTM YoY, FY25 Q1: 7.3% Revenue growth, TTM YoY, FY25 Q2: 5.2% Revenue growth, TTM YoY, FY25 Q3: 4.8% Revenue growth, TTM YoY, FY25 Q4: 7.0% Revenue growth, TTM YoY, FY26 Q1: 10.7% Revenue growth, TTM YoY, FY26 Q2: 13.5% Revenue growth, TTM YoY, FY26 Q3: 15.7% 15.7%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 9.2%
FY24 Q1 11.1%
FY24 Q2 11.4%
FY24 Q3 10.7%
FY24 Q4 8.8%
FY25 Q1 7.3%
FY25 Q2 5.2%
FY25 Q3 4.8%
FY25 Q4 7.0%
FY26 Q1 10.7%
FY26 Q2 13.5%
FY26 Q3 15.7%
Operating margin (TTM) Moog Inc.
10% 11% 12% 13% 14% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Operating margin (TTM), FY23 Q4: 10.4% Operating margin (TTM), FY24 Q1: 10.3% Operating margin (TTM), FY24 Q2: 10.9% Operating margin (TTM), FY24 Q3: 11.3% Operating margin (TTM), FY24 Q4: 11.2% Operating margin (TTM), FY25 Q1: 11.3% Operating margin (TTM), FY25 Q2: 11.2% Operating margin (TTM), FY25 Q3: 11.2% Operating margin (TTM), FY25 Q4: 11.6% Operating margin (TTM), FY26 Q1: 11.9% Operating margin (TTM), FY26 Q2: 12.2% Operating margin (TTM), FY26 Q3: 13.3% 13.3%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q4 10.4%
FY24 Q1 10.3%
FY24 Q2 10.9%
FY24 Q3 11.3%
FY24 Q4 11.2%
FY25 Q1 11.3%
FY25 Q2 11.2%
FY25 Q3 11.2%
FY25 Q4 11.6%
FY26 Q1 11.9%
FY26 Q2 12.2%
FY26 Q3 13.3%
FCF margin (TTM) Moog Inc.
-5% 0% 5% 10% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: -1.1% FCF margin (TTM), FY24 Q1: 0.2% FCF margin (TTM), FY24 Q2: 0.7% FCF margin (TTM), FY24 Q3: 1.2% FCF margin (TTM), FY24 Q4: 1.3% FCF margin (TTM), FY25 Q1: -3.9% FCF margin (TTM), FY25 Q2: -1.5% FCF margin (TTM), FY25 Q3: 1.0% FCF margin (TTM), FY25 Q4: 3.3% FCF margin (TTM), FY26 Q1: 5.3% FCF margin (TTM), FY26 Q2: 7.4% FCF margin (TTM), FY26 Q3: 8.1% 8.1%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 -1.1%
FY24 Q1 0.2%
FY24 Q2 0.7%
FY24 Q3 1.2%
FY24 Q4 1.3%
FY25 Q1 -3.9%
FY25 Q2 -1.5%
FY25 Q3 1.0%
FY25 Q4 3.3%
FY26 Q1 5.3%
FY26 Q2 7.4%
FY26 Q3 8.1%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Moog Inc.: annual financial statements
Fiscal year 2009 Oct 2009 2010 Oct 2010 2011 Oct 2011 2012 Sept 2012 2013 Sept 2013 2014 Sept 2014 2015 Oct 2015 2016 Oct 2016 2017 Sept 2017 2018 Sept 2018 2019 Sept 2019 2020 Oct 2020 2021 Oct 2021 2022 Oct 2022 2023 Sept 2023 2024 Sept 2024 2025 Sept 2025 LTM Jun 2026
Income
Revenue 1,849 2,114 2,331 2,470 2,610 2,648 2,526 2,412 2,498 2,709 2,905 2,885 2,852 3,036 3,316 3,609 3,861 4,318
Gross profit 537 613 679 745 784 798 737 712 734 774 816 744 776 821 898 1,012 1,057 1,218
EBITDA 248 308 343 374 336 385 349 337 349 351 406 303 361 371 433 500 553 691
Operating income 171 216 246 273 228 276 246 238 259 262 321 216 271 283 344 404 450 575
Net income 85 108 136 152 120 158 132 127 141 95 175 9 157 155 175 209 235 377
Diluted EPS $1.98 $2.36 $2.95 $3.33 $2.63 $3.52 $3.35 $3.47 $3.90 $2.64 $4.96 $0.28 $4.87 $4.83 $5.47 $6.45 $7.33 $11.76
Growth (year on year)
Revenue −2.8% +14.4% +10.2% +6.0% +5.7% +1.5% −4.6% −4.5% +3.5% +8.5% +7.2% −0.7% −1.1% +6.4% +9.2% +8.8% +7.0% +15.7%
EBITDA — +24.2% +11.4% +9.2% −10.3% +14.7% −9.3% −3.5% +3.6% +0.5% +15.8% −25.4% +19.0% +2.8% +16.7% +15.5% +10.6% +31.6%
Operating income — +26.3% +13.9% +11.0% −16.8% +21.2% −11.0% −3.0% +8.6% +1.4% +22.4% −32.6% +25.2% +4.4% +21.6% +17.6% +11.2% +37.8%
Net income −28.6% +27.1% +25.8% +12.1% −21.0% +31.3% −16.6% −3.9% +11.5% −32.6% +83.3% −94.7% — −1.3% +12.9% +19.2% +12.6% +76.9%
Diluted EPS −28.0% +19.2% +25.0% +12.9% −21.0% +33.8% −4.8% +3.6% +12.4% −32.3% +87.9% −94.4% — −0.8% +13.3% +17.9% +13.6% +77.4%
Margins
Gross margin 29.1% 29.0% 29.2% 30.2% 30.0% 30.1% 29.2% 29.5% 29.4% 28.6% 28.1% 25.8% 27.2% 27.0% 27.1% 28.1% 27.4% 28.2%
EBITDA margin 13.4% 14.6% 14.7% 15.2% 12.9% 14.5% 13.8% 14.0% 14.0% 13.0% 14.0% 10.5% 12.7% 12.2% 13.1% 13.9% 14.3% 16.0%
Operating margin 9.3% 10.2% 10.6% 11.1% 8.7% 10.4% 9.7% 9.9% 10.4% 9.7% 11.1% 7.5% 9.5% 9.3% 10.4% 11.2% 11.6% 13.3%
Net margin 4.6% 5.1% 5.8% 6.2% 4.6% 6.0% 5.2% 5.3% 5.7% 3.5% 6.0% 0.3% 5.5% 5.1% 5.3% 5.8% 6.1% 8.7%
Free-cash-flow margin 2.0% 6.1% 4.8% 4.3% 6.1% 7.9% 10.1% 6.2% 5.7% 0.3% 2.2% 6.6% 5.8% 3.5% −1.1% 1.3% 3.3% 8.1%
Cash flow
Cash from operations 118 195 196 214 251 287 335 216 218 102 181 279 293 247 140 198 273 486
Capital spending 82 66 84 107 93 79 81 67 76 95 118 88 129 139 177 152 145 135
Free cash flow 36 129 112 107 158 208 254 149 142 8 63 191 164 107 −38 46 128 350
Stock-based pay 6 5 7 6 7 7 5 3 5 6 6 6 7 9 11 15 17 20
Free cash flow after stock pay 31 124 106 101 151 201 249 145 137 2 57 185 157 98 −48 31 112 330
Balance sheet
Cash 81 112 114 149 157 231 310 325 368 126 90 85 100 102 69 62 62 67
Total debt 453 765 725 765 709 874 1,075 1,012 961 865 833 939 910 842 868 877 946 919
Net debt (negative = net cash) 371 652 612 616 552 643 765 687 592 739 744 854 811 740 799 815 884 852
Diluted shares 43m 46m 46m 46m 46m 45m 39m 37m 36m 36m 35m 33m 32m 32m 32m 32m 32m 32m
Returned to shareholders
Dividends — — — — — — — 0 0 18 35 25 32 33 34 35 36 37
Buybacks 7 1 30 1 12 273 364 45 9 8 41 232 32 49 29 37 143 78
Total returned 7 1 30 1 12 273 364 45 9 26 76 258 64 82 63 72 179 115

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

5 of 7 checks passed · June 27, 2026
What it owns · $4.8bn
Short-term assets $2.6bnLonger-term assets $2.2bn
What it owes, and who funded it · $4.8bn
Short-term liabilities $1.2bnLonger-term liabilities $1.3bnShareholders' equity $2.2bn
  • Short-term assets cover short-term liabilities $2.6bn of assets due within a year against $1.2bn of liabilities due within a year.
  • Short-term assets cover long-term liabilities $2.6bn short-term assets against $1.3bn of longer-dated liabilities.
  • More cash than debt $67m of cash against $908m of debt.
  • Debt below 40% of shareholders' equity Debt is 41% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 54% to 41% over five years.
  • A year's operating cash flow covers at least 20% of debt $486m of operating cash flow against $908m of debt.
  • Operating profit covers interest at least five times over Operating income of $575m against $67m of interest.

From Moog Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q3 TTM
Buybacks (TTM)
$77.6M
Dividends (TTM)
$37.4M
Returned to shareholders
33%
of free cash flow
Buybacks, last 3 fiscal years
$209M
Diluted share count
−0.3%
year over year
Total shareholder yield
1.0%
dividends 0.3% + buybacks 0.7% of market value
Dividend payout ratio
10%
of net income paid out
R&D spending
2.5%
of revenue
Sales & admin spending
13.6%
of revenue

Competitors: side by side with peers

Closest by revenue in aerospace & defense
Growth, margins and cash generation against peers
Last 12 months unless stated MOG.A WWD DRS VVX ATI CW Median
Revenue, last 12 months $4.3bn $4.2bn $3.9bn $5.0bn $5.0bn $3.7bn $769m
Revenue growth, last 12 months 15.7% 22.3% 8.9% 13.2% 9.4% 10.5% 15.5%
Revenue growth, 3-year average 10.3% 14.7% 12.6% 8.6% 6.8% 10.3% 12.6%
Revenue growth, latest quarter 15.2% 21.2% 11.0% 8.9% 26.5% 5.4% 15.8%
Gross margin 28.2% 29.5% 25.3% 8.5% 24.5% 37.7% 27.8%
Operating margin 13.3% — 10.8% 4.2% 16.5% 18.8% 9.0%
Operating margin, 3-year average 11.9% — 9.7% 4.0% 14.4% 17.9% 6.0%
Net margin 8.7% 13.2% 9.4% 2.0% 11.1% 14.8% 5.5%
Cash from operations / revenue 11.2% 14.0% 12.6% 3.4% 14.6% 19.7% 5.5%
Free-cash-flow margin 8.1% 9.0% 8.9% 3.2% 8.4% 17.1% 3.4%
Free-cash-flow margin, 3-year average 3.4% 9.4% 8.2% 3.0% 7.6% 15.8% 3.0%
Stock pay / revenue 0.5% 0.8% 0.2% 0.3% 0.6% 0.7% 1.2%
Change in share count −0.3% 0.1% −0.0% −1.8% −3.3% −2.2% 3.9%

Median of all 57 companies we cover in aerospace & defense. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

57 aerospace & defense companies
Measures ranked against peers
Measure Company Peer median Rank
Revenue growth Growth 15.7% 15.5% 28 of 57
Change in growth rate Growth +2.3pp +2.2pp 28 of 57
Gross margin Profitability 28.2% 28.3% 24 of 46
Operating margin Profitability 13.3% 8.5% 12 of 51
Net margin Profitability 8.7% 5.5% 18 of 57
Free-cash-flow margin Cash generation 8.1% 3.4% 22 of 57
Stock pay as % of revenue Cash generation 0.5% 1.5% 11 of 53
Long-term debt as % of assets Balance sheet 19.0% 22.1% 20 of 47
Change in share count Balance sheet -0.3% 2.4% 13 of 51

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to September 27, 2025
Segments
Line of business Revenue Share YoY
Space and Defense $1.1B 28.8% ▲ 9.3%
Industrial $956M 24.8% ▼ 3.6%
Commercial Aircraft $904M 23.4% ▲ 14.7%
Military Aircraft $888M 23.0% ▲ 9.4%
Geography
Region Revenue Share YoY
United States $2.4B 63.0% ▲ 4.9%
Outside the US $1.2B 30.6% ▲ 4.9%
Germany $247M 6.4% ▲ 50.1%

From Moog Inc.'s 10-K filed November 26, 2025, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Insider trading activity

Full insider history and chart
Recent insider open-market transactions
Insider Date Trade Shares Price Value
Scannell John Director August 11, 2026 Sell pre-set plan 225 $409.81 $92,207
Scannell John Director August 11, 2026 Sell pre-set plan 20 $418.11 $8,362
Scannell John Director August 11, 2026 Sell pre-set plan 242 $413.56 $100,082
Scannell John Director August 11, 2026 Sell pre-set plan 413 $412.48 $170,354
Scannell John Director August 11, 2026 Sell pre-set plan 510 $411.00 $209,610
Scannell John Director August 11, 2026 Sell pre-set plan 400 $410.97 $164,388
Scannell John Director August 11, 2026 Sell pre-set plan 275 $415.21 $114,183
Scannell John Director August 11, 2026 Sell pre-set plan 185 $414.28 $76,642
Scannell John Director August 11, 2026 Sell pre-set plan 483 $417.39 $201,599
Scannell John Director August 11, 2026 Sell pre-set plan 247 $416.49 $102,873
Coletti Janet M. Director June 10, 2026 Sell 604 $379.66 $229,315
Scannell John Director June 9, 2026 Sell 1,000 $372.83 $372,830

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 2 trades and filings

In the last 12 months, 1 member of Congress disclosed 2 purchases and 0 sales of Moog Inc. shares.

  • Gilbert Ray Cisneros, Jr.(D-CA 31):Purchase, $1,001 - $15,000, traded September 17, 2026, filed October 12, 2026
  • Gilbert Ray Cisneros, Jr.(D-CA 31):Purchase, $15,001 - $50,000, traded August 7, 2026, filed September 10, 2026

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around November 20, 2026 estimated from the company's past filing pattern, not announced

  • July 31, 2026
  • April 24, 2026
  • January 30, 2026
  • November 21, 2025
  • July 25, 2025
  • April 25, 2025

Recent SEC filings

Data status

When each part of this page on Moog Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Moog Inc. in brief

What does Moog Inc. do?
Moog Inc. is a US-listed company in the aerospace & defense industry. Its financial year ends in September.
What is Moog Inc.'s stock ticker?
Moog Inc. trades under the ticker MOG.A on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Moog Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Moog Inc. reported revenue of $4.3B, 15.7% higher than a year earlier, according to its SEC filings.
What is Moog Inc.'s free cash flow?
Moog Inc.'s free-cash-flow margin is 8.1% of revenue over the trailing twelve months, ranking 22 of the 57 aerospace & defense companies we cover.
What is Moog Inc.'s fair value (intrinsic value) per share?
Our discounted-cash-flow model of Moog Inc.'s free cash flow after stock-based pay gives ~$150 per share in the base case, and ~$110–$210 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Is Moog Inc. buying back stock, and does it pay a dividend?
Moog Inc. spent $77.6M on share repurchases over the trailing twelve months, and its diluted share count fell 0.3% over the year.
What is Moog Inc.'s market cap?
On November 2, 2026, Moog Inc.'s market capitalisation was about $11.4B, with a price-to-earnings ratio of 30.3 and net debt of $852M. Market figures come from third-party market data and may be delayed.
Does Moog Inc. pay a dividend?
Yes: Moog Inc. paid $37.4M in dividends over the trailing twelve months, a dividend yield of 0.33% and a payout ratio of 9.9%.
How much debt does Moog Inc. have?
Moog Inc.'s debt-to-equity ratio is 40.9%, from its latest balance sheet (54.4% five years earlier). The financial health section below sets out its other solvency checks.
Who are Moog Inc.'s competitors?
In our Aerospace & Defense peer group, the companies closest to Moog Inc. are Woodward, Inc., Leonardo DRS, Inc., V2x, Inc., ATI Inc and Curtiss Wright Corp. The side-by-side comparison below sets their revenue, margins and growth against Moog Inc.'s.
Are insiders buying or selling Moog Inc. stock?
Over the last 12 months, Moog Inc.'s directors and officers reported 0 open-market purchases and 18 sales on Form 4. The insider trading page charts every trade.
When is Moog Inc.'s next earnings date?
Around November 20, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Moog Inc. announces its own schedule.