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Moog Inc. (MOG-A) 10-Year Financial Performance & Capital Metrics

MOG-A • • Industrial / General
IndustrialsAerospace & DefenseAerospace Components & SubsystemsAvionics & Flight Systems
AboutMoog Inc. designs, manufactures, and integrates precision motion and fluid controls and controls systems for original equipment manufacturers and end users in the aerospace, defense, and industrial markets worldwide. The company's Aircraft Controls segment offers primary and secondary flight controls for military and commercial aircrafts; aftermarket support services; and ground-based navigation aids. Its Space and Defense Controls segment provides controls for spacecrafts, space vehicles, launch vehicles, armored combat vehicles, tactical and strategic missiles, security and surveillance, and other defense applications; and gun aiming, stabilization, and automatic ammunition loading for armored combat vehicles. This segment also offers controls for steering tactical and strategic missiles, and naval surface ships and submarines; and weapons stores management systems for light attack aerial reconnaissance, ground, and sea platforms. The company's Industrial Systems segment provides components and systems for applications in injection and blow molding machinery, metal forming presses, and heavy industry customers in steel and aluminum production; supplies electromechanical motion simulation bases for the flight simulation and training applications; and supplies solutions for power generation applications, as well as custom test systems and controls for automotive, structural, and fatigue testing. This segment also offers systems and components for applications in oil and gas exploration and production; components for wind turbine applications; components and systems for diagnostic imaging CT scan medical equipment, sleep apnea equipment, oxygen concentrators, infusion therapy, and enteral clinical nutrition; and hydraulics, slip rings, rotary unions and fiber optic rotary joints, motors, and infusion and enteral pumps. The company was incorporated in 1951 and is headquartered in East Aurora, New York.Show more
  • Revenue $3.86B +7.0%
  • EBITDA $513M +6.4%
  • Net Income $235M +13.4%
  • EPS (Diluted) 7.33 +14.5%
  • Gross Margin 27.39% -0.8%
  • EBITDA Margin 13.3% -0.5%
  • Operating Margin 10.61% -1.6%
  • Net Margin 6.09% +6.0%
  • ROE 12.63% +6.6%
  • ROIC 11.15% +0.2%
  • Debt/Equity 0.56 +19.1%
  • Interest Coverage 5.68 -9.3%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Strong 5Y profit CAGR of 91.2%
  • ✓Momentum leader: RS Rating 87 (top 13%)
  • ✓Trading near 52-week high

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y4.34%
5Y6%
3Y8.34%
TTM7.11%

Profit (Net Income) CAGR

10Y5.95%
5Y91.17%
3Y14.84%
TTM13.42%

EPS CAGR

10Y8.14%
5Y92.13%
3Y14.92%
TTM13.42%

ROCE

10Y Avg10.77%
5Y Avg11.49%
3Y Avg12.63%
Latest13.24%

Peer Comparison

Avionics & Flight Systems
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Sector-Specific
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CWCurtiss-Wright Corporation23.03B624.6059.209.69%13.78%18.39%2.1%0.50
RTXRTX Corporation259.91B193.8554.6117.15%7.67%9.93%1.74%0.69
TATTTAT Technologies Ltd.685.09M52.9052.9033.68%9.08%9.18%0.18
WWDWoodward, Inc.19.56B326.0445.357.3%12.39%17.23%1.74%0.10
TDGTransDigm Group Incorporated78.06B1386.1238.8911.22%22.52%2.33%
MOG-AMoog Inc.7.97B276.3037.696.97%6.08%11.8%1.61%0.56
ISSCInnovative Solutions and Support, Inc.350.96M19.7722.4778.6%15.11%20.6%1.93%0.37
RALRalliant Corp.5.97B52.9119.74-0.05%14.06%10.06%7.04%0.02

Profit & Loss

Sep 2016Sep 2017Sep 2018Sep 2019Sep 2020Sep 2021Sep 2022Sep 2023Sep 2024Sep 2025
Sales/Revenue+2.41B2.5B2.71B2.9B2.88B2.85B3.04B3.32B3.61B3.86B
Revenue Growth %-0.04%0.04%0.08%0.07%-0.01%-0.01%0.06%0.09%0.09%0.07%
Cost of Goods Sold+1.7B1.77B1.94B2.09B2.14B2.08B2.21B2.43B2.61B2.8B
COGS % of Revenue0.7%0.71%0.71%0.72%0.74%0.73%0.73%0.73%0.72%0.73%
Gross Profit+711.58M731.52M772.99M815.83M743.7M775.72M820.8M891.53M996.92M1.06B
Gross Margin %0.3%0.29%0.29%0.28%0.26%0.27%0.27%0.27%0.28%0.27%
Gross Profit Growth %-0.03%0.03%0.06%0.06%-0.09%0.04%0.06%0.09%0.12%0.06%
Operating Expenses+487.3M500.79M523.95M531.11M508.81M537.56M558.06M576.39M607.66M647.64M
OpEx % of Revenue0.2%0.2%0.19%0.18%0.18%0.19%0.18%0.17%0.17%0.17%
Selling, General & Admin339.96M356.14M393.76M404.65M397.95M412.03M448.53M469.84M494.89M553.97M
SG&A % of Revenue0.14%0.14%0.15%0.14%0.14%0.14%0.15%0.14%0.14%0.14%
Research & Development147.34M144.65M130.19M126.45M110.86M125.53M109.53M106.55M112.77M93.67M
R&D % of Revenue0.06%0.06%0.05%0.04%0.04%0.04%0.04%0.03%0.03%0.02%
Other Operating Expenses3.37M0-173K0000000
Operating Income+224.29M230.74M249.04M273.03M234.88M239.17M261.57M313.27M389.26M409.71M
Operating Margin %0.09%0.09%0.09%0.09%0.08%0.08%0.09%0.09%0.11%0.11%
Operating Income Growth %-0.04%0.03%0.08%0.1%-0.14%0.02%0.09%0.2%0.24%0.05%
EBITDA+323.02M320.9M337.61M360M321.86M329.32M349.96M403.5M482.37M513.44M
EBITDA Margin %0.13%0.13%0.12%0.12%0.11%0.12%0.12%0.12%0.13%0.13%
EBITDA Growth %-0.04%-0.01%0.05%0.07%-0.11%0.02%0.06%0.15%0.2%0.06%
D&A (Non-Cash Add-back)98.73M90.17M88.57M86.97M86.97M90.16M88.39M90.23M93.11M103.73M
EBIT207.47M216.26M218.42M267.36M44.31M237.67M239.74M279.63M329.93M384.72M
Net Interest Income+-34.6M-34.55M-36.24M-39.27M-38.9M-33.89M-36.76M-63.58M-62.11M-72.08M
Interest Income0000000000
Interest Expense34.6M34.55M36.24M39.27M38.9M33.89M36.76M63.58M62.11M72.08M
Other Income/Expense-51.43M-49.02M-71.98M-57.77M-229.47M-34.39M-59.76M-97.22M-121.45M-97.06M
Pretax Income+172.86M181.71M183.84M233.76M5.42M203.77M202.98M216.05M267.81M312.65M
Pretax Margin %0.07%0.07%0.07%0.08%0%0.07%0.07%0.07%0.07%0.08%
Income Tax+49.23M41.3M87.21M54.01M-3.79M46.55M47.8M45.05M60.59M77.62M
Effective Tax Rate %0.73%0.78%0.52%0.75%1.7%0.77%0.76%0.79%0.77%0.75%
Net Income+126.75M141.28M95.24M174.55M9.21M157.22M155.18M171M207.22M235.03M
Net Margin %0.05%0.06%0.04%0.06%0%0.06%0.05%0.05%0.06%0.06%
Net Income Growth %-0.04%0.11%-0.33%0.83%-0.95%16.08%-0.01%0.1%0.21%0.13%
Net Income (Continuing)123.63M140.41M95.36M174.55M9.21M157.22M155.18M171M207.22M235.03M
Discontinued Operations0000000000
Minority Interest5.65M000000000
EPS (Diluted)+3.473.902.645.110.284.874.835.346.407.33
EPS Growth %0.04%0.12%-0.32%0.94%-0.95%16.39%-0.01%0.11%0.2%0.15%
EPS (Basic)3.493.942.675.160.284.904.855.376.487.42
Diluted Shares Outstanding36.53M36.23M36.05M35.18M33.44M32.3M32.12M32.04M32.36M32.08M
Basic Shares Outstanding36.28M35.85M35.66M34.85M33.26M32.11M31.98M31.83M31.95M31.68M
Dividend Payout Ratio--0.19%0.2%2.74%0.2%0.21%0.2%0.17%0.16%

Balance Sheet

Sep 2016Sep 2017Sep 2018Sep 2019Sep 2020Sep 2021Sep 2022Sep 2023Sep 2024Sep 2025
Total Current Assets+1.62B1.63B1.48B1.63B1.61B1.72B1.76B1.99B2.14B2.14B
Cash & Short-Term Investments325.13M368.07M125.58M92.55M84.58M99.6M103.89M68.96M61.69M61.69M
Cash Only325.13M368.07M125.58M92.55M84.58M99.6M103.89M68.96M61.69M61.69M
Short-Term Investments0000000000
Accounts Receivable688.39M727.74M793.91M954.36M855.53M945.93M990.26M1.14B1.13B1.25B
Days Sales Outstanding104.17106.36106.95119.92108.26121.06119.06125.51114.18118.29
Inventory479.04M489.13M512.52M534.97M623.04M613.1M588.47M724M863.7M863.7M
Days Inventory Outstanding102.83101.0996.693.48106.22107.7896.97108.86120.68112.46
Other Current Assets041.5M44.4M0489K1.31M15.34M51.05M86.37M-35.77M
Total Non-Current Assets+1.42B1.46B1.49B1.49B1.61B1.71B1.67B1.82B1.95B1.95B
Property, Plant & Equipment522.37M522.99M552.87M586.77M668.89M706.13M737.98M870.76M981.95M981.95M
Fixed Asset Turnover4.62x4.78x4.90x4.95x4.31x4.04x4.11x3.81x3.68x3.93x
Goodwill740.16M774.27M797.22M784.24M821.86M851.61M805.32M821.3M833.76M833.76M
Intangible Assets113.56M108.82M95.54M79.65M85.05M106.09M85.41M71.64M63.48M63.48M
Long-Term Investments69K314K322K261K169K104K2.38M12.68M7.98M0
Other Non-Current Assets-92.86B31.2M24.36M14.36M17.46M32.68M33.81M37.57M44.71M52.7M
Total Assets+3.04B3.09B2.96B3.11B3.23B3.43B3.43B3.81B4.09B4.09B
Asset Turnover0.79x0.81x0.91x0.93x0.89x0.83x0.88x0.87x0.88x0.94x
Asset Growth %-0.01%0.02%-0.04%0.05%0.04%0.06%-0%0.11%0.07%0%
Total Current Liabilities+589.23M629.43M680.62M727.66M710.55M869.36M838.44M965.47M999.03M999.03M
Accounts Payable144.45M170.88M207.42M257.68M176.87M200.6M232.1M264.57M292.99M318.4M
Days Payables Outstanding31.0135.3239.145.0330.1535.2738.2539.7840.9441.46
Short-Term Debt1.55M384K3.99M249K350K80.36M916K16.9M01.56M
Deferred Revenue (Current)1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Other Current Liabilities149.12M150.49M114.49M125.15M150.74M87.17M76.89M117.58M253.17M200.03M
Current Ratio2.75x2.58x2.17x2.24x2.27x1.98x2.10x2.06x2.14x2.14x
Quick Ratio1.94x1.81x1.42x1.50x1.39x1.27x1.40x1.31x1.28x1.28x
Cash Conversion Cycle176172.13164.46168.38184.33193.58177.79194.59193.92189.29
Total Non-Current Liabilities+1.46B1.25B1.06B1.06B1.27B1.16B1.16B1.21B1.23B1.23B
Long-Term Debt1B956.65M858.84M832.98M929.98M823.36M836.87M863.09M874.14M167.16M
Capital Lease Obligations00918K072.23M73.18M89.7M127.62M153.37M0
Deferred Tax Liabilities42.17M13.32M46.48M40.53M40.47M64.64M63.53M37.63M27.74M27.74M
Other Non-Current Liabilities411.74M276.88M152.21M0229.51M0166.5M0178.72M1.04B
Total Liabilities2.05B1.88B1.74B1.79B1.98B2.03B2B2.17B2.23B2.23B
Total Debt+1.01B957.04M862.82M833.23M1.02B993.09M943.73M1.01B874.14M1.04B
Net Debt686.72M588.96M737.24M740.68M845.75M804.12M733.89M794.13M812.45M979.61M
Debt / Equity1.02x0.79x0.70x0.63x0.82x0.71x0.66x0.62x0.47x0.56x
Debt / EBITDA3.13x2.98x2.56x2.31x3.17x3.02x2.70x2.50x1.81x2.03x
Net Debt / EBITDA2.13x1.84x2.18x2.06x2.63x2.44x2.10x1.97x1.68x1.91x
Interest Coverage6.48x6.68x6.87x6.95x6.04x7.06x7.12x4.93x6.27x5.68x
Total Equity+994.06M1.21B1.22B1.32B1.24B1.4B1.44B1.64B1.86B1.86B
Equity Growth %-0%0.22%0.01%0.08%-0.06%0.13%0.03%0.14%0.14%0%
Book Value per Share27.2133.5233.9837.5937.1843.3544.7451.0657.5058.00
Total Shareholders' Equity988.41M1.21B1.22B1.32B1.24B1.4B1.44B1.64B1.86B1.86B
Common Stock51.28M51.28M51.28M51.28M51.28M51.28M51.28M51.28M51.28M51.28M
Retained Earnings1.71B1.85B1.97B2.13B2.11B2.24B2.36B2.5B2.67B2.83B
Treasury Stock-741.7M-739.16M-738.49M-769.57M-990.78M-1.01B-1.05B-1.06B-1.08B-1.21B
Accumulated OCI-444.01M-347.96M-445.12M-491.61M-338.55M-311.32M-370.03M-347.74M-367.59M-523.4M
Minority Interest5.65M000000000

Cash Flow

Sep 2016Sep 2017Sep 2018Sep 2019Sep 2020Sep 2021Sep 2022Sep 2023Sep 2024Sep 2025
Cash from Operations+215.85M217.78M102.41M181.42M279.18M293.23M246.8M135.94M202.34M273.09M
Operating CF Margin %0.09%0.09%0.04%0.06%0.1%0.1%0.08%0.04%0.06%0.07%
Operating CF Growth %-0.35%0.01%-0.53%0.77%0.54%0.05%-0.16%-0.45%0.49%0.35%
Net Income123.63M140.41M96.63M179.75M9.21M157.22M155.18M171M207.22M235.03M
Depreciation & Amortization98.73M90.17M88.57M85.26M86.97M90.16M88.39M90.23M93.11M94.01M
Stock-Based Compensation3.27M4.58M5.8M6.46M5.66M7.46M8.88M10.58M14.96M16.71M
Deferred Taxes4.25M10.76M30.61M-4.6M-40.84M8.16M11.74M-35.53M-31.73M-6.54M
Other Non-Cash Items13.44M17.9M34.45M4.24M191.51M2.25M22.74M28.63M34.71M28M
Working Capital Changes-27.47M-46.03M-153.66M-89.69M26.68M27.98M-40.13M-128.98M-115.92M-94.11M
Change in Receivables1.67B-44.56B-51.93M-73.06M90.05M-66.52M-86.87M-56.58M54.72M-151.66M
Change in Inventory12.64M-6M-32.45M-96.65M-99.02M19.58M-28.68M-130.38M-126.98M-51.77M
Change in Payables-21.82M25.74M39.44M52.5M-84.06M20.52M43.35M28.64M26.45M24.71M
Cash from Investing+-76.97M-109.61M-124.87M-115.72M-146.19M-191.16M-83.32M-163.15M-159.62M-175.26M
Capital Expenditures-67.21M-75.8M-94.52M-118.42M-88.28M-128.73M-139.43M-173.29M-156.02M-144.73M
CapEx % of Revenue0.03%0.03%0.03%0.04%0.03%0.05%0.05%0.05%0.04%0.04%
Acquisitions----------
Investments----------
Other Investing1.26M6.73M18.03M2.7M-3.64M15.18M-2.67M8.25M687K10.65M
Cash from Financing+-119.86M-75.66M-221.57M-98.68M-142.77M-87M-134.91M-23.02M-48.66M-98.29M
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid00-17.89M-34.86M-25.21M-32.11M-32.97M-34.07M-35.48M-36.43M
Share Repurchases----------
Other Financing-1.35M3.01M7.31M0-5.88M0033.47M5.37M-1.74M
Net Change in Cash----------
Free Cash Flow+148.65M141.98M7.89M63M190.89M164.49M107.37M-37.35M46.33M128.35M
FCF Margin %0.06%0.06%0%0.02%0.07%0.06%0.04%-0.01%0.01%0.03%
FCF Growth %-0.41%-0.04%-0.94%6.98%2.03%-0.14%-0.35%-1.35%2.24%1.77%
FCF per Share4.073.920.221.795.715.093.34-1.171.434.00
FCF Conversion (FCF/Net Income)1.70x1.54x1.08x1.04x30.33x1.87x1.59x0.79x0.98x1.16x
Interest Paid34.15M33.8M36.69M38.86M38.42M35.22M34.77M63.19M61.16M0
Taxes Paid41.52M44.2M34.21M36.47M59.05M44.04M24.05M69.25M78.48M0

Key Ratios

Metric2016201720182019202020212022202320242025
Return on Equity (ROE)12.75%12.8%7.81%13.7%0.72%11.9%10.94%11.13%11.85%12.63%
Return on Invested Capital (ROIC)9.78%9.93%9.92%10.17%8.31%8.02%8.58%9.69%11.13%11.15%
Gross Margin29.5%29.29%28.53%28.09%25.78%27.2%27.04%26.86%27.62%27.39%
Net Margin5.25%5.66%3.52%6.01%0.32%5.51%5.11%5.15%5.74%6.09%
Debt / Equity1.02x0.79x0.70x0.63x0.82x0.71x0.66x0.62x0.47x0.56x
Interest Coverage6.48x6.68x6.87x6.95x6.04x7.06x7.12x4.93x6.27x5.68x
FCF Conversion1.70x1.54x1.08x1.04x30.33x1.87x1.59x0.79x0.98x1.16x
Revenue Growth-4.5%3.55%8.49%7.2%-0.69%-1.13%6.44%9.33%8.74%6.97%

Revenue by Segment

2016201720182019202020212022202320242025
Space And Defense--------1.02B1.11B
Space And Defense Growth---------9.32%
Industrial--------443.58M955.58M
Industrial Growth---------115.42%
Commercial Aircraft--------788.3M903.88M
Commercial Aircraft Growth---------14.66%
Military Aircraft--------811.57M888.14M
Military Aircraft Growth---------9.43%
Aircraft Controls1.06B1.12B-1.3B1.21B1.16B1.26B1.39B--
Aircraft Controls Growth-5.75%---7.46%-3.69%8.20%10.56%--
Space And Defense Controls366.09M394.26M580.88M1.37B1.54B-872.34M947.25M--
Space And Defense Controls Growth-7.70%47.33%135.32%12.68%--8.59%--
Industrial Systems514.98M477.32M935.09M1.84B1.82B891.52M906.98M485.5M--
Industrial Systems Growth--7.31%95.90%96.39%-1.04%-50.94%1.73%-46.47%--
Components467.14M501.05M--------
Components Growth-7.26%--------

Revenue by Geography

2016201720182019202020212022202320242025
UNITED STATES1.35B1.44B1.59B1.76B1.87B1.94B2.04B2.15B2.32B2.43B
UNITED STATES Growth-6.28%10.71%10.36%6.61%3.31%5.49%5.44%7.73%4.89%
Non-US--617.54M624.31M589.5M658.82M742.01M962.49M1.13B1.18B
Non-US Growth---1.10%-5.57%11.76%12.63%29.71%16.89%4.92%
GERMANY173.18M195.33M202.68M213.13M175.6M148.74M164.39M203.67M164.81M247.35M
GERMANY Growth-12.79%3.76%5.16%-17.61%-15.30%10.52%23.89%-19.08%50.08%
JAPAN164.7M152.15M158.69M166.69M159.03M108.81M87.44M---
JAPAN Growth--7.62%4.30%5.04%-4.60%-31.57%-19.65%---
FRANCE120.91M145.63M138.05M143.02M86.76M-----
FRANCE Growth-20.45%-5.20%3.60%-39.34%-----
UNKNOWN COUNTRY525.37M---------
UNKNOWN COUNTRY Growth----------

Frequently Asked Questions

Valuation & Price

Moog Inc. (MOG-A) has a price-to-earnings (P/E) ratio of 37.7x. This suggests investors expect higher future growth.

Growth & Financials

Moog Inc. (MOG-A) reported $3.87B in revenue for fiscal year 2025. This represents a 57% increase from $2.47B in 2012.

Moog Inc. (MOG-A) grew revenue by 7.0% over the past year. This is steady growth.

Yes, Moog Inc. (MOG-A) is profitable, generating $235.0M in net income for fiscal year 2025 (6.1% net margin).

Dividend & Returns

Yes, Moog Inc. (MOG-A) pays a dividend with a yield of 0.41%. This makes it attractive for income-focused investors.

Moog Inc. (MOG-A) has a return on equity (ROE) of 12.6%. This is reasonable for most industries.

Moog Inc. (MOG-A) generated $22.1M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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