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Moog Inc. Class AMOG-ACompetitor analysis, valuation and peers

United States · USD·Industrials›Aerospace & Defense

Designs precision motion-control systems—actuators, servo valves, flight controls—for aircraft, spacecraft, defense and industrial equipment.

Momentum weak 33
Mkt cap
$10.3B
US dollars, full cap
Free float
98%
of shares outstanding
$/day
$107M
20-day average traded
Fwd P/E
27.8×
forward earnings
ROIC−WACC
+3.0 pp
WACC 9.5%
Hurdle
+9 pp
Req g minus delivered
Next earnings
77 days
22 Jan 2027
Close · USD$323.56
1D+4.9%
1W-7.7%
1M-10.8%
3M-21.0%
6M+3.0%
YTD+32.9%
1Y+61.7%
ATR %5.6%
Beta1.00
52w lowhigh27.9% off high

What Moog does

Designs precision motion-control systems—actuators, servo valves, flight controls—for aircraft, spacecraft, defense and industrial equipment.

Wins a place on an aircraft or missile program early, then supplies the actuators for the life of that program, so spares and repairs for the installed fleet add to original sales. Class A shares carry limited voting rights compared with Class B.

Products and services

  • Aircraft controls (commercial and military)
  • Space and defense systems
  • Industrial motion control

Customers

  • Boeing
  • Airbus
  • Lockheed Martin
  • US Department of Defense

Where it sits in the supply chain

  • Aerospace & defense
  • Flight control systems
  • Precision motion control/actuation

What could go right

  • Commercial aircraft build-rate recovery
  • Defense/space budget growth

What could go wrong

  • Boeing/Airbus production disruptions
  • Program concentration risk

Moat: narrow (switching costs, customer qualification, IP / patents). Long aircraft-platform qualification cycles make components effectively sole-sourced for program life.

Headquarters: East Aurora, New York, US · Founded: 1951 · Employees: 13,500

Named competitors

Moog at a glance

Size Moog (MOG-A) is a United States Industrials company (Aerospace & Defense) with a market value of $10.3B, the 762nd largest of 3,117 United States companies the cockpit tracks. Shares closed at $323.56 on 6 Nov 2026.

Performance Over six months the shares gained 3.0%, against -9.8% for the median peer and -1.1% for the United States market (cap-weighted) — 5th highest of 21 in its peer set.

Growth Revenue grew 15.7% over the last twelve months (peer median +17.9%); the operating margin is 12.1% (peer median 7.5%).

Valuation It trades at 27.8× forward earnings against a peer median of 30.4× (10th cheapest of 20).

Price implies For today's price to make sense, revenue must grow about 15% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is +9 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 3.0 points above its cost of capital (9.5% WACC).

Backlog Backlog (remaining performance obligations) was $7.10B at 27 Jun 2026, up 29% on a year earlier — 1.6 years of trailing revenue. Backlog detail →

Next results Next results expected around 22 Jan 2027 (exchange calendar; dates can move).

Relative performance

10012014011 May 202611 Aug 20266 Nov 2026MOG-A 103Peer median 89
Six months, rebased to 100: Moog against the median of its 20 peers (local-currency closes).

Moog financials

Reported figures in USD; fiscal year ends 2025-09-30. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$4.32B$3.86B$3.61B$3.32B$3.04B
Revenue growth—+7%+9%+9%—
Gross profit$1.22B$1.06B$1.01B$811M$746M
EBITDA$638M$514M$494M$404M$351M
Net income$377M$235M$209M$171M$155M
Free cash flow$350M$128M$45.9M-$37.4M$107M
Capital expenditure$135M$145M$152M$173M$139M
Total debt$1.15B$1.14B$1.05B$1.01B$944M

Quarterly statements and history in the cockpit →

Moog competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%+20%-20%0%+20%HAG000768002179BWXTHIIDRSCR688002600372MROEMBJTXT047810CSGLOAR272210600893600879BETAMOG-A6-month return →1-month return →
Up and to the right = strong over both horizons. Moog is the large dot.

Fundamentals: revenue growth against valuation

0%+50%0×50×100×150×HAG000768002179BWXTHII688002600372MRO047810CSGLOAR272210600893600879MOG-ARevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Moog is the large dot.

Capital: growth delivered against growth the price implies

0%+20%0%20%HAGBWXTHIIDRSCR688002MROEMBJTXTLOARMOG-AGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Moog is the large dot.

Moog competitors and peer comparison

Head to head with its named competitors (MOG-A vs PH vs WWD vs CW)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Moog MOG-A$10.3B+3%+16%12%27.8×15.1%
Parker Hannifin PH$116B+4%+8%22%24.4×19.0%
Woodward WWD$18.7B-14%+22%16%31.0×18.9%
Curtiss-Wright CW$17.1B-36%+11%19%27.4×16.2%
RTX RTX$256B+8%+12%11%24.4×8.4%
Safran SAF.PA$138B+4%+14%13%28.5×22.2%

How Moog compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Moog against its 20 peers (data as of 6 Nov 2026)
MeasureMOG-APeer medianRank in peer set
1-month return-10.8%+3.0%6th lowest of 21
6-month return+3.0%-9.8%5th highest of 21
Distance from 52-week high-27.9%-32.4%7th highest of 21
Revenue growth (TTM)+15.7%+17.9%10th lowest of 21
Operating margin12.1%7.5%5th highest of 21
Forward P/E27.8×30.4×10th cheapest of 20
Growth the price implies (Req g, 7 yrs)15.1%16.1%5th least demanding of 11
Growth delivered (Del g)+6.0%+7.2%6th highest of 11
Hurdle (Req g minus delivered)+9.1 pp+2.0 pp4th most demanding of 11
ROIC minus cost of capital+3.0 pp-0.1 pp7th highest of 21
EV / EBITDA17.8×17.3×6th most expensive of 12
Net debt / EBITDA1.7×1.8×6th least indebted of 12

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Moog MOG-AUnited States$10.3B+3%+16%12%27.8×15.1%+6.0%
Hensoldt HAG.DEGermany$10.0B+2%+15%10%41.3×12.2%+15.3%
AVIC Xi'an Aircraft Industry 000768.SZChina$9.92B+1%-34%3%55.7×n/an/a
Jonhon Optronic Technology 002179.SZChina$10.7B-7%+6%11%30.4×n/an/a
BWX Technologies BWXTUnited States$11.0B-42%+18%10%23.8×19.6%+8.5%
Huntington Ingalls Industries HIIUnited States$11.4B-8%+13%5%14.4×5.3%+5.9%
Leonardo DRS DRSUnited States$9.08B-18%+9%11%23.1×4.6%+5.6%
Crane CRUnited States$11.6B+11%+22%18%25.8×17.5%-3.5%
Raytron Technology 688002.SSChina$8.64B-15%+84%29%26.4×20.1%+32.1%
AVIC Airborne Systems 600372.SSChina$8.36B-11%-2%5%48.1×n/an/a
Melrose Industries MRO.LUnited Kingdom$7.80B-4%+9%11%13.4×15.3%-12.8%
Embraer S.A. Sponsored ADR EMBJUnited States$14.1B+23%+20%8%23.6×16.9%+14.5%
Textron TXTUnited States$14.2B-8%+9%7%11.9×8.3%+4.9%
Korea Aerospace 047810.KSSouth Korea$7.37B-39%+44%6%45.4×n/an/a
Csg CSG.ASNetherlands$14.6B-20%+72%25%11.7×n/an/a
Loar LOARUnited States$7.05B+26%+30%25%52.2×29.1%+27.5%
Hanwha Systems 272210.KSSouth Korea$6.93B-57%+30%6%82.5×n/an/a
AECC Aviation Power 600893.SSChina$15.8B-15%+18%2%173.7×n/an/a
Kratos Defense & Security Solutions KTOSUnited States$6.59B-39%+26%2%36.4×n/an/a
China Aerospace Times Electronics 600879.SSChina$6.43B-46%-13%1%130.0×n/an/a
BETA Technologies BETAUnited States$6.37B+45%+136%-1,033%n/an/an/a

Moog backlog

Moog reported $7.10B of remaining performance obligations at 27 Jun 2026, up 29% from a year earlier and down 2% from the previous quarter. That is 1.6 years of trailing revenue already under contract. Book-to-bill last quarter: 0.88.

Questions

Who are Moog's main competitors?
Named competitors: Parker Hannifin (PH), Woodward (WWD), Curtiss-Wright (CW), RTX (Collins Aerospace) (RTX), Safran (SAF.PA). The cockpit's measured peer set (industry) also includes Hensoldt (HAG.DE), AVIC Xi'an Aircraft Industry (000768.SZ), Jonhon Optronic Technology (002179.SZ), BWX Technologies (BWXT), Huntington Ingalls Industries (HII), Leonardo DRS (DRS).
Is Moog expensive compared with its peers?
On forward p/e it trades at 27.8× against a peer median of 30.4×, 10th cheapest of 20 in its peer set. For today's price to make sense, revenue must grow about 15% a year for seven years (Req g). Recent delivered growth is +6%, so the hurdle is +9 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has Moog stock performed?
Over six months to 6 Nov 2026 the shares returned +3.0% against -9.8% for the median peer; over one year +61.7%.
What is Moog's backlog?
Moog's remaining performance obligations (contracted revenue not yet recognised) were $7.10B at 27 Jun 2026, +29% on a year earlier.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.