Moog Inc. Class B Common Stock (MOG.B) Financials

No reported quarters yet.

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$7.42	—	—	$3.9B	—
FY24	—	$6.48	—	—	$3.6B	—
FY23	—	$5.37	—	—	$3.3B	—
FY22	—	$4.85	—	—	$3B	—
FY21	—	$4.9	—	—	$2.9B	—
FY20	—	$0.28	—	—	$2.9B	—
FY19	—	$5.16	—	—	$2.9B	—
FY18	—	$2.71	—	—	$2.7B	—
FY17	—	$3.94	—	—	$2.5B	—
FY16	—	$3.49	—	—	$2.4B	—

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$2.4B	$2.5B	$2.7B	$2.9B	$2.9B	$2.9B	$3B	$3.3B	$3.6B	$3.9B
YoY change	-4.5%	+3.55%	+8.49%	+7.2%	-0.69%	-1.13%	+6.44%	+9.33%	+8.74%	+6.97%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	2.4B	2.5B	2.7B	2.9B	2.9B	2.9B	3B	3.3B	3.6B	3.9B
Cost of revenue	1.7B	1.8B	1.9B	2.1B	2.1B	2.1B	2.2B	2.4B	2.6B	2.8B
Gross profit	711.6M	733.8M	774.1M	815.8M	743.7M	775.7M	820.8M	891.5M	996.9M	1.1B
Gross margin	29.5%	29.4%	28.6%	28.1%	25.8%	27.2%	27%	26.9%	27.6%	27.4%
Research & development	147.3M	144.2M	129.8M	126.5M	110.9M	125.5M	109.5M	106.6M	112.8M	93.7M
Selling, general & administrative	340M	346.3M	388.4M	404.7M	397.9M	412M	448.5M	469.8M	494.9M	554M
Operating expenses	487.3M	490.4M	518.3M	531.1M	508.8M	537.6M	558.1M	576.4M	607.7M	647.6M
Operating income	224.3M	243.3M	255.8M	284.7M	234.9M	238.2M	262.7M	315.1M	389.3M	409.7M
Operating margin	9.3%	9.74%	9.44%	9.8%	8.14%	8.35%	8.65%	9.49%	10.8%	10.6%
Non-operating income, net	-16.8M	-27.1M	-37.4M	-18.5M	-190.6M	-501K	-23M	-35.5M	-59.3M	-25M
Pretax income	172.9M	181.7M	182.2M	227M	5.4M	203.8M	203M	216.1M	267.8M	312.6M
Income tax	49.2M	41.3M	86.8M	52.4M	-3.8M	46.6M	47.8M	45.1M	60.6M	77.6M
Net income	123.6M	140.4M	95.4M	174.5M	9.2M	157.2M	155.2M	171M	207.2M	235M
Net margin	5.13%	5.62%	3.52%	6.01%	0.32%	5.51%	5.11%	5.15%	5.74%	6.09%
EBITDA	326.4M	306.4M	335.8M	351.5M	179.8M	330.9M	350M	383.4M	468M	503.8M
EPS	3.49	3.94	2.71	5.16	0.28	4.9	4.85	5.37	6.48	7.42
Diluted EPS	3.47	3.9	2.68	5.11	0.28	4.87	4.83	5.34	6.4	7.33

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Revenue	872.1M	856.9M	930.3M	904.7M	917.3M	910.3M	934.8M	969.6M	1B	1.1B	1.1B	1.1B
Cost of revenue	628.2M	623.7M	663.5M	653.3M	671.8M	668M	678.8M	702.8M	750.9M	806.1M	764.4M	769.3M
Gross profit	243.9M	233.2M	266.8M	251.5M	245.5M	242.3M	256M	266.8M	293.2M	294.2M	287.6M	347.2M
Gross margin	28%	27.2%	28.7%	27.8%	26.8%	26.6%	27.4%	27.5%	28.1%	26.7%	27.3%	31.1%
Research & development	29.4M	30.6M	28.4M	27.8M	26M	23.6M	24.5M	21.9M	23.7M	24.6M	26.7M	33M
Selling, general & administrative	118M	118.7M	125M	126.4M	124.8M	127.8M	133.1M	139.7M	154.3M	149M	136.3M	151M
Operating expenses	147.5M	149.3M	153.3M	154.2M	150.9M	151.4M	157.6M	161.7M	178M	173.6M	163M	184M
Operating income	96.4M	83.9M	113.4M	97.3M	94.6M	90.9M	98.5M	105.2M	115.2M	120.6M	124.6M	163.2M
Operating margin	11.1%	9.79%	12.2%	10.8%	10.3%	9.98%	10.5%	10.8%	11%	11%	11.8%	14.6%
Non-operating income, net	-29.1M	-4.6M	-16.7M	-8.3M	-29.8M	-5.3M	-5.3M	-11M	-5M	-2.2M	-210K	-10M
Pretax income	49.1M	62.6M	78.7M	70.9M	55.5M	68.6M	73.6M	76.4M	92.5M	101.2M	108.8M	137.4M
Income tax	9.5M	14.8M	18.7M	14.5M	12.5M	15.5M	17.8M	17.9M	26.1M	22.4M	27M	-14.6M
Net income	39.6M	47.8M	60M	56.4M	43M	53.1M	55.8M	58.5M	66.5M	78.9M	81.8M	152M
Net margin	4.54%	5.58%	6.45%	6.23%	4.69%	5.83%	5.96%	6.03%	6.36%	7.17%	7.78%	13.6%
EBITDA	109.2M	104.8M	134.2M	117.6M	111.4M	115.2M	121.3M	125.8M	141M	147.5M	153.9M	194.3M
EPS	—	1.5	1.88	1.76	1.35	1.66	1.77	1.89	2.03	2.49	2.58	4.8
Diluted EPS	—	1.48	1.86	1.74	1.33	1.64	1.75	1.87	2.01	2.46	2.55	4.74

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	2.2B	3B	3B	3B	2.1B	2.5B	2.3B	3.6B	6.3B	6.5B	12.6B
Enterprise value	2.8B	3.6B	3.7B	3.8B	3B	3.3B	3B	4.4B	7.1B	7.4B	13.5B
Shares outstanding	36.3M	35.9M	35.7M	34.9M	33.3M	32.1M	32M	31.8M	32M	31.7M	31.7M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	17.5	21.2	31.1	17.3	232.2	15.8	14.7	21	30.6	27.8	33.3
P/S	0.9	1.19	1.1	1.04	0.74	0.87	0.75	1.08	1.76	1.69	2.88
P/B	2.19	2.46	2.42	2.28	1.72	1.77	1.59	2.19	3.41	3.28	5.59
EV/EBITDA	8.72	11.7	11	10.7	16.6	9.92	8.63	11.4	15.3	14.7	21.4
EV/Sales	1.18	1.43	1.37	1.3	1.03	1.15	0.99	1.32	1.98	1.92	3.13
Earnings yield	5.71%	4.71%	3.21%	5.78%	0.43%	6.34%	6.8%	4.77%	3.27%	3.6%	3%
FCF yield	6.87%	4.76%	0.27%	2.09%	8.93%	6.64%	4.7%	-1.04%	0.73%	1.97%	2.65%
PEG	—	—	—	—	—	—	—	—	—	—	0.22

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	29.5%	29.4%	28.6%	28.1%	25.8%	27.2%	27%	26.9%	27.6%	27.4%	31.1%
Operating margin	9.3%	9.74%	9.44%	9.8%	8.14%	8.35%	8.65%	9.49%	10.8%	10.6%	14.5%
Net margin	5.13%	5.62%	3.52%	6.01%	0.32%	5.51%	5.11%	5.15%	5.74%	6.09%	8.73%
ROE	12.5%	11.6%	7.78%	13.2%	0.74%	11.2%	10.8%	10.5%	11.1%	11.8%	18.1%
ROA	4.11%	4.54%	3.22%	5.6%	0.29%	4.58%	4.52%	4.49%	5.06%	5.31%	7.04%
ROIC	9.61%	10.4%	6.82%	10.6%	11.2%	8.34%	9.25%	10.3%	11.3%	10.7%	14.7%
Return on tangible assets	9.53%	10.6%	8.09%	12.6%	0.65%	10.4%	9.4%	8.46%	9.01%	9.01%	13%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	2.59	2.58	2.17	2.24	2.27	1.98	2.09	2.06	2.14	2.12	2.09
Quick ratio	1.78	1.81	1.42	1.5	1.39	1.27	1.39	1.31	1.28	1.3	1.34
Debt / equity	1.02	0.79	0.7	0.63	0.75	0.65	0.58	0.53	0.47	0.47	0.52
Debt / assets	0.33	0.31	0.29	0.27	0.29	0.26	0.24	0.23	0.21	0.21	0.19
Net debt / EBITDA	2.09	1.92	2.2	2.12	4.7	2.43	2.1	2.07	1.74	1.75	1.32
Interest coverage	6	6.26	6.03	6.78	1.14	7.01	6.52	4.4	5.31	5.34	7.64
Effective tax rate	28.5%	22.7%	47.7%	23.1%	0%	22.8%	23.6%	20.9%	22.6%	24.8%	13.8%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	66.5	69.7	76	83.3	86.7	88.8	94.9	104.3	112.9	121.9	136.4
EPS (basic)	3.49	3.94	2.71	5.16	0.28	4.9	4.85	5.37	6.48	7.42	7.42
EPS (diluted)	3.47	3.9	2.68	5.11	0.28	4.87	4.83	5.34	6.4	7.33	11.8
Book value per share	27.2	33.9	34.4	37.9	37.4	43.6	44.9	51.4	58.2	62.9	70.2
FCF per share	4.1	3.96	0.22	1.81	5.74	5.12	3.36	-1.17	1.45	4.05	10.9
Cash per share	8.96	10.3	3.52	2.57	2.54	3.1	3.19	2.17	1.93	1.96	2.11
Capex per share	1.85	2.11	2.65	3.4	2.65	3.55	3.94	4.82	4.84	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	2.79%	3.03%	3.49%	4.08%	3.06%	4%	4.15%	4.63%	4.28%	—	—
Capex / operating cash flow	31.7%	36.7%	108%	75%	74.3%	40.3%	54.3%	166.3%	117.6%	—	—
Payout ratio	0%	0%	18.8%	20%	273.9%	20.4%	21.2%	19.9%	17.1%	15.5%	10%
Dividend yield	0%	0%	0.6%	1.15%	1.18%	1.3%	1.44%	0.95%	0.56%	0.56%	0.3%

Yield

0.3%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.30

ex-dividend Aug 14, 2026

Payout ratio

10%

of earnings

Dividend growth

5 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Aug 14, 2026	$0.30
May 12, 2026	$0.30
Feb 17, 2026	$0.30
Dec 8, 2025	$0.29
Aug 8, 2025	$0.29
May 9, 2025	$0.29
Feb 7, 2025	$0.29

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Revenue	$872.1M	$856.9M	$930.3M	$904.7M	$917.3M	$910.3M	$934.8M	$969.6M	$1B	$1.1B	$1.1B	$1.1B
YoY change	+13.5%	+12.7%	+11.2%	+6.42%	+5.19%	+6.24%	+0.49%	+7.17%	+13.8%	+20.9%	+12.5%	+15.2%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	325.1M	368.1M	125.6M	89.7M	84.6M	99.6M	102M	69M	61.7M	62M
Receivables	436.9M	434.9M	451.6M	477.2M	363.1M	395.7M	363.1M	426.8M	388.8M	483.9M
Inventory	479M	489.1M	512.5M	535M	623M	613.1M	588.5M	724M	863.7M	914.3M
Total current assets	1.5B	1.6B	1.5B	1.6B	1.6B	1.7B	1.8B	2B	2.1B	2.4B
Property, plant & equipment	114.3M	101.1M	106.2M	116.9M	192.2M	199.7M	218.1M	224.7M	283.6M	335.7M
Goodwill & intangibles	1.7B	1.8B	1.8B	1.7B	1.8B	1.9B	1.8B	1.8B	1.8B	1.8B
Total assets	3B	3.1B	3B	3.1B	3.2B	3.4B	3.4B	3.8B	4.1B	4.4B
Accounts payable	144.4M	170.9M	207.4M	257.7M	176.9M	200.6M	232.1M	264.6M	293M	318.4M
Short-term debt	1.5M	384K	4M	249K	350K	80.4M	916K	—	—	1.6M
Total current liabilities	588.9M	629.4M	680.6M	727.7M	710.6M	869.4M	838.4M	965.5M	999M	1.1B
Long-term debt	1B	956.7M	858.8M	833M	930M	823.4M	836.9M	863.1M	874.1M	944.1M
Total liabilities	2B	1.9B	1.7B	1.8B	2B	2B	2B	2.2B	2.2B	2.4B
Shareholders' equity	988.4M	1.2B	1.2B	1.3B	1.2B	1.4B	1.4B	1.6B	1.9B	2B
Total debt	1B	957M	862.8M	833.2M	930.3M	903.7M	837.8M	863.1M	874.1M	945.7M
Net debt	681.3M	589M	737.2M	743.5M	845.7M	804.1M	735.8M	794.1M	812.4M	883.7M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Cash & short-term investments	69M	126.4M	59.1M	50.6M	61.7M	73.4M	62.1M	58.2M	62M	73.4M	307.6M	66.8M
Receivables	426.8M	369.9M	393.1M	420.8M	388.8M	441.4M	502.1M	493.8M	483.9M	529.1M	584.7M	636.4M
Inventory	724M	788M	810.5M	831.4M	863.7M	886.1M	902.6M	924.7M	914.3M	915.7M	931.8M	933.9M
Total current assets	2B	2.1B	2.2B	2.2B	2.1B	2.2B	2.3B	2.4B	2.4B	2.5B	2.8B	2.6B
Property, plant & equipment	224.7M	229.2M	250.8M	253.4M	283.6M	292.6M	301.1M	308.5M	335.7M	353.6M	363.4M	377.7M
Goodwill & intangibles	1.8B	1.8B	1.8B	1.8B	1.8B	1.8B	1.8B	1.7B	1.8B	1.9B	1.9B	1.9B
Total assets	3.8B	4B	4B	4.1B	4.1B	4.2B	4.3B	4.4B	4.4B	4.6B	4.9B	4.8B
Accounts payable	264.6M	261.2M	267.7M	266.3M	293M	267.1M	293.1M	289.2M	318.4M	295.2M	328.1M	323.6M
Short-term debt	—	—	—	—	—	—	—	—	1.6M	4.7M	500M	1.6M
Total current liabilities	965.5M	1B	1B	988.4M	999M	913.8M	951.4M	988.6M	1.1B	1.1B	1.7B	1.2B
Long-term debt	863.1M	920.1M	948.6M	958.1M	874.1M	1.1B	1.2B	1.1B	944.1M	1.1B	739.8M	906.4M
Total liabilities	2.2B	2.3B	2.3B	2.3B	2.2B	2.4B	2.5B	2.5B	2.4B	2.5B	2.8B	2.5B
Shareholders' equity	1.6B	1.7B	1.8B	1.8B	1.9B	1.8B	1.8B	1.9B	2B	2.1B	2.1B	2.2B
Total debt	863.1M	920.1M	948.6M	958.1M	874.1M	1.1B	1.2B	1.1B	945.7M	1.1B	1.2B	908M
Net debt	794.1M	793.7M	889.5M	907.6M	812.4M	1B	1.1B	1B	883.7M	983.6M	932.3M	841.2M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	123.6M	140.4M	95.4M	174.5M	9.2M	157.2M	155.2M	171M	207.2M	235M
Depreciation & amortization	98.7M	90.2M	88.6M	85.3M	87M	90.2M	88.4M	90.2M	93.1M	103.7M
Stock-based compensation	3.3M	4.6M	5.8M	6.5M	5.7M	7.5M	8.9M	10.6M	15M	16.7M
Change in working capital	-31.2M	-57.1M	-167.3M	-108.1M	48.2M	21M	-38.8M	-150.2M	-158.6M	-77.6M
Operating cash flow	212.1M	206.7M	87.5M	157.8M	118.8M	283.2M	232.3M	92.4M	131.4M	273.1M
Capital expenditure	-67.2M	-75.8M	-94.5M	-118.4M	-88.3M	-114.1M	-126.1M	-153.6M	-154.6M	—
Investing cash flow	-79.2M	-109.5M	-141.6M	-115.7M	-146.2M	-191.2M	-85.2M	-163.1M	-159.6M	-30.5M
Dividends paid	0	0	-17.9M	-34.9M	-25.2M	-32.1M	-33M	-34.1M	-35.5M	-36.4M
Share repurchases	-44.9M	-8.6M	-8.2M	-41M	-232.3M	-31.7M	-48.6M	-29.3M	-36.7M	-142.7M
Financing cash flow	-116.8M	-59.1M	-137.3M	-105.3M	-196.3M	-83.4M	-120.7M	2.2M	-54M	-102M
Net change in cash	16.1M	38.1M	-191.4M	-63.2M	-223.7M	8.7M	26.4M	-68.6M	-82.2M	140.6M
Free cash flow	148.6M	142M	7.9M	63M	190.9M	164.5M	107.4M	-37.4M	46.3M	128.4M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Net income	39.6M	47.8M	60M	56.4M	43M	53.1M	51.3M	58.5M	66.5M	78.9M	81.8M	152M
Depreciation & amortization	24.7M	23.6M	23.9M	24.4M	21.1M	25.8M	25.7M	25.8M	27.4M	27.6M	28M	32.1M
Stock-based compensation	2.5M	4.2M	3M	4.1M	3.7M	4.3M	3.7M	4.6M	4M	5M	4.8M	6.2M
Change in working capital	32.9M	11.3M	-160.6M	-85.9M	76.6M	-175.6M	-12.3M	3.7M	114.9M	-104.7M	-13.2M	-55.4M
Operating cash flow	92M	79.9M	-82.2M	-6.7M	140.3M	-93.2M	62M	125.3M	240.6M	-44.8M	129.6M	160.1M
Capital expenditure	-48.2M	-37.4M	-40.1M	-32.1M	-44.9M	-19.3M	-24.1M	—	—	—	—	—
Investing cash flow	-49.3M	-43.1M	-40.8M	-30.6M	-45.1M	-19.1M	-39.8M	-782K	-41.2M	-156K	-302K	-446K
Dividends paid	-8.6M	-8.6M	-9M	-8.9M	-9M	-9M	-9.1M	-9.1M	-9.2M	-9.2M	-9.5M	-9.5M
Share repurchases	-6.2M	-8.7M	-11.5M	-1.6M	-14.9M	-55.7M	-70.7M	-1.4M	-14.9M	-37.8M	-12.6M	-12.2M
Financing cash flow	-306.1M	95M	13.1M	-3.3M	-102.3M	161.7M	-14.5M	-94.7M	-155.1M	67.4M	158M	-362.3M
Net change in cash	-263.4M	131.7M	-109.9M	-40.6M	-7.1M	49.3M	7.8M	29.8M	44.4M	22.5M	287.3M	-202.6M
Free cash flow	104.8M	23M	-84.1M	-1.9M	109.4M	-165.1M	2.4M	92.6M	198.9M	-79.1M	97.8M	132.6M

Date	Ratio
Apr 4, 2005	3:2
Feb 18, 2004	3:2
Sep 24, 2001	3:2
Jan 13, 1981	3:2

Moog Inc. Class B Common Stock Financials

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history