Moog 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 in the United States, Germany, and internationally. The company operates through four segments: Space and Defense, Military Aircraft, Commercial Aircraft, and Industrial. Its Space and Defense segment provides critical defense components and motion-control systems used in defense vehicle platforms, missile systems, naval ships and submarines; high-performance components and systems used for space launch vehicles, satellites and spacecraft vehicles. The Military Aircraft segment designs, manufacture and integrate primary and secondary flight controls, mission-critical actuation systems, and products for various military fixed-wing aircraft and rotorcraft for both original equipment manufacturers and aftermarket customers. The Commercial Aircraft segment designs, manufactures, and integrates flight-critical control systems and products for various commercial aircraft including widebody, narrowbody, business jets and regional jets. The company's Industrial segment provides customized and high-performance motion control components and systems for industrial automation, medical, simulation, and test and energy applications, including precision components used in heavy machinery, medical devices and components, power generation products, as well as simulation platforms for flight training and material testing applications. The company was formerly known as Moog Valve Company. Moog Inc. was incorporated in 1951 and is headquartered in East Aurora, New York.
Moog Inc. (MOG-A) reported trailing twelve months revenue of $4.17B as of March 2026, a 13.7% increase year-over-year. Quarterly revenue reached $1.05B, reflecting continued top-line momentum.
Moog Inc. generated $286.85M in TTM net income, with quarterly EBITDA of $165.97M. The operating margin expanded from 11.7% to 13.1%, suggesting improving cost efficiency and pricing discipline.
The spread between operating margin (13.1%) and net margin (7.8%) indicates moderate non-operating costs. Net margin has improved from 6.0% a year ago, signaling stronger bottom-line efficiency.
MOG-A trades at a P/E of 31.9x (a premium multiple) and a P/S of 2.2x. The price-to-book ratio of 4.4x reflects a moderate premium to book value.
The company generated $97.80M in free cash flow over the trailing twelve months, a 5279.3% increase year-over-year, indicating cash generation ability. The balance sheet shows $4.90B in total assets with $739.83M in long-term debt against $2.10B in stockholders equity for a debt-to-equity ratio of 0.4, a conservative capital structure. Data based on the most recent quarterly reports.
Competitive analysis based on 21 quarters of fundamental data
Operating margins are expanding at ~11.6%, suggesting durable pricing power and cost discipline.
ROE is positive at ~11.8% on average, adequate but below the threshold typically associated with wide moats.
5 of the last 8 quarters generated positive FCF. The company generally funds itself but has occasional cash consumption quarters.
TTM revenue has grown consistently (7 of 7 quarters up), with ~16.9% growth over the period. Strong demand durability.
Data-driven red flags and warnings across 21 quarters
Margins are stable or improving at ~12.3% — no sign of cost or pricing stress.
FCF/Net Income has dropped below 0.7x in 4 quarters — monitor for earnings quality deterioration.
D/E ratio is 0.4 — conservative capital structure with low financial risk.
Revenue is stable or growing over recent quarters — demand appears durable.
FCF turned negative in 3 of the last 8 quarters — occasional cash consumption.
Share count is stable — no significant dilution or buyback activity.
Quarterly standardized metrics.
Stock price and market valuation
Revenue and earnings growth across quarters
Assets, cash, debt, and leverage
Price multiples and return ratios
Operating efficiency and return metrics
Free cash flow, earnings quality, and capital allocation