Moog Inc.
210.26-0.36 (-0.17%)
Oct 29, 4:00:02 PM EDT · NYSE · MOG-A · USD
Key Stats
Market Cap
6.66BP/E (TTM)
32.05Basic EPS (TTM)
6.56Dividend Yield
0.01%Recent Filings
8-K
Moog switches auditors to KPMG
Moog Inc. dismissed Ernst & Young as its auditor after a competitive review, effective once EY wraps up the fiscal 2025 audit, and tapped KPMG for the 2026 year. No disagreements or reportable events marred the prior audits for 2023 and 2024. The switch signals fresh oversight. Smooth transition hinges on KPMG's acceptance.
10-Q
Q3 FY2025 results
Moog's Q3 FY2025 sales climbed 7% y/y to $971M, fueled by 16% growth in Commercial Aircraft aftermarket and 11% in Space and Defense defense demand, though Industrial dipped 4% from divestitures. Gross margin slipped to 27.4% from 27.8% y/y, hit by $6M inventory write-downs, while operating profit rose 6% to $112M on favorable mix. Diluted EPS edged up 7% y/y to $1.87, aligning with 32M diluted shares. Operating cash flow for nine months totaled $32M, with free cash flow at -$71M (derived) after $103M capex; cash stood at $58M, backed by $790M unused credit capacity amid $1.1B total debt. Acquired COTSWORKS in July 2025 for $63M cash plus $22M stock, bolstering Space and Defense optics. Yet supply chain snags persist as a key risk.
8-K
Record Q3 sales, dividend declared
Moog Inc. reported record Q3 2025 net sales of $971 million, up 7% from last year, driven by strong demand in Commercial Aircraft, Space and Defense, and Military Aircraft, while Industrial dipped from divestitures. Adjusted operating margin climbed to 13.6%, boosted by IP sales and favorable mix, yet tempered by tariff pressures and program charges. Backlog hit $2.7 billion. Board declared $0.29 quarterly dividend, payable August 26. Guidance lifted sales to $3.8 billion but trimmed margins for tariffs.
8-K
Moog adds $250M term loan
Moog Inc. amended its loan agreement on May 30, 2025, adding a $250 million term loan maturing October 27, 2027, while keeping the $1,100 million revolving facility intact. This boosts liquidity for general business needs, aligning interest terms with the revolver. Lenders include HSBC Bank USA as agent. Yet, covenants tighten leverage to 4.0:1. Moog stays compliant.
8-K
Moog Q2 sales hit record
Moog Inc. reported Q2 2025 net sales of $935 million, up marginally from $930 million last year, with gains in Military Aircraft and Commercial Aircraft offsetting Industrial declines from divestitures. Operating margin dipped to 11.7% without the prior year's Employee Retention Credit, yet adjusted margins held firm amid strong execution. Backlog stays at $2.5 billion. Guidance reiterated for $3.7 billion sales and 13.0% adjusted operating margin, but tariff risks could hit profits by $10-20 million. Solid operations shine through.
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