# Moog Inc. (MOG-B)

> Source: Nexqual · https://nexqual.com/MOG-B · data as of 2026-10-22 14:59 UTC · cite as "Nexqual, Moog Inc. (MOG-B), nexqual.com/MOG-B" · informational, not investment advice.

**Price:** USD 335.16 (-8.43% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 366.03 · day 335.16–339.55 · 52w 201.04–450 · market cap $10.6B · NYQ

## Key facts
- Last four reported quarters (through Jun 27, 2026): revenue $4.32B, net income $377M (8.7% margin), free cash flow $350M (SEC filings).
- Valuation: P/E 28.1x (avg 26.5x at the last 3 fiscal year-ends), EV/EBITDA 16.6x, net debt $841M.
- Insider open-market sales, last ~7 months: 3 Form 4 filings, $2.6M; 2 not under a Rule 10b5-1 plan ($1.4M); 2 by opportunistic insiders (1 outside 10b5-1 plans), 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: None.
- Total return with dividends: 1Y +61.1% vs S&P 500 +14.9%; 5Y +339.1% vs S&P 500 +80.3%.
- Next earnings: 2026-11-20, EPS estimate USD —, revenue estimate $1.12B.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $2.85B | $3.04B | $3.32B | $3.61B | $3.86B | $4.32B |
| Gross profit | $776M | $821M | $898M | $1.01B | $1.06B | — |
| Operating income | $271M | $283M | $344M | $404M | $450M | $575M |
| Net income | $157M | $155M | $175M | $209M | $235M | $377M |
| EPS (diluted) | $4.87 | $4.83 | $5.47 | $6.45 | $7.33 | — |
| Free cash flow | $164M | $107M | -$37.7M | $45.9M | $128M | $350M |
| Gross margin | 27.2% | 27.0% | 27.1% | 28.1% | 27.4% | — |
| Operating margin | 9.5% | 9.3% | 10.4% | 11.2% | 11.6% | 13.3% |
| Net margin | 5.5% | 5.1% | 5.3% | 5.8% | 6.1% | 8.7% |
| Revenue growth | -1.1% | +6.4% | +9.2% | +8.8% | +7.0% | — |
| Cash + short-term investments | $99.6M | $102M | $69.0M | $61.7M | $62.0M | — |
| Total debt | $910M | $838M | $863M | $874M | $946M | — |
Fiscal years end Sep. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 27, 2026)
P/E 28.1x · P/S 2.5x · EV/EBITDA 16.6x · EV/Sales 2.6x · P/FCF 30.3x · P/B 4.8x · FCF yield 3.30% · Earnings yield 3.55% · Dividend yield (paid, TTM) 0.35% · Buyback yield (TTM) 0.73% · Net debt $841M · EV $11.5B
P/E at fiscal year-ends: Sep 2025 28.1x, Sep 2024 30.7x, Sep 2023 20.6x.

## Insider sales (SEC Form 4, open-market, last ~7 months)
1 of 3 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-08-11 | Scannell John | Director | 3,000 | $1.2M | 4.8% | Yes | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-06-10 | Coletti Janet M. | Director | 604 | $229K | 8.9% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-06-09 | Scannell John | Director | 3,000 | $1.1M | 4.6% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Analysts
Consensus None.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | +61.1% | +339.1% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +61.4% | +34.3% |
| Volatility (annualized) | 42.8% | 32.8% |
| Max drawdown | -25.5% (Aug 2026→Oct 2026) | -28.9% (Dec 2024→Mar 2025) |

## Peers (Aerospace & Defense)
HII (Huntington Ingalls Industries, ) USD 278.86 +1.79% · BWXT (BWX Technologies, Inc.) USD 127.3 -5.78% · DRS (Leonardo DRS, Inc.) USD 34.3 +1.06% · EMBJ (Embraer S.A.) USD 69.21 -5.06% · TXT (Textron Inc.) USD 78.04 +0.98% · CAE (CAE Inc) USD 25.02 +2.08%

## More
Full page: https://nexqual.com/MOG-B · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in MOG-B's own 10-K filed 2025-11-26 (https://www.sec.gov/Archives/edgar/data/67887/000162828025054103/mog-20250927.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | Boeing (BA) | "The loss of The Boeing Company as a customer or a significant reduction in the sales to The Boeing Company could adversely impact our operating results." |

## Revenue by business segment (quarter ended 2026-06-27)

| Line | Revenue | Share | YoY | Operating income | Op. margin |
|---|---|---|---|---|---|
| Space And Defense | $336.1M | 30.1% | +16.8% | $52.7M | 15.7% |
| Industrial | $281.7M | 25.2% | +17.6% | $49.1M | 17.4% |
| Commercial Aircraft | $253.6M | 22.7% | +16.5% | $38.5M | 15.2% |
| Military Aircraft | $245.2M | 22.0% | +9.1% | $35.9M | 14.7% |
| Total revenue | $1.12B | 100% | — | $176.3M | 15.8% |

## Revenue by region (fiscal year ended 2025-09-27)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| U.S. Plans | $2.43B | 63.0% | +4.9% |
| Non Us | $1.18B | 30.6% | +4.9% |
| Germany | $247.4M | 6.4% | +50.1% |
| Total revenue | $3.86B | 100% | — |

## Customer concentration

Period ended 2025-09-27: 10% of revenue from unnamed direct customers (10-K, filed 2025-11-26).

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | — | — | — | $1.12B | — |
| Next quarter (ends 2026-12-31) | — | — | — | $1.16B | — |
| Current fiscal year (ends 2026-09-30) | — | — | — | $4.41B | — |
| Next fiscal year (ends 2027-09-30) | — | — | — | $4.73B | — |