Moog
MOG-ANYSEUSD
- Source valuation snapshot. Not a live recalculation.
- Latest filed annual earnings; price snapshot date unavailable. Not forward P/E.
- Diluted earnings per share from the latest filed annual.
- $342.62 Prior regular-session close from the quote source.
- $339.57–$348.74 Regular-session low and high so far today.
- 241.8K Regular-session shares traded · Nov 11, 4:00 PM ET.
- Nov 20 projected Projected for 2026-11-20 from the company’s own results filings (SEC 8-K Item 2.02). The company has not confirmed the date.
- $192.33–$448.85 52-week trading low and high returned by the quote source.
Understand the Business
Why the Stock Moved
Period-matched expectations history is not yet available. Current metrics are not a substitute for a historical explanation.
The core investment thesis
Own MOG-A if Moog monetizes engineering depth in precision motion and fluid controls for aerospace, defense and industrial customers, converting long programs and aftermarket support into steady organic growth, stable gross margins and strong cash generation.
MOG-A price history
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Investment thesis
What must happen next
Moog's exposure to high‑technical programs and long product lifecycles in aerospace/defense gives it pricing power and program continuity that support stable to improving operating margins.StrengtheningMateriality: High
operating_income rose from $344,038,000 (FY2023) to $404,465,000 (FY2024) to $449,606,000 (FY2025). If true, margin stability or expansion will translate into predictable EBITDA and cash available for reinvestment or returns; if false, margin compression will force lower cash flow and valuation multiple risk.
Watch: Loss of a major design win or program cancellation by a prime (e.g., major airframe or defense prime reallocating work to a competitor).
Supporting sources
Source notes are factual paraphrases; read the original disclosures below.
operating_income rose from $344,038,000 (FY2023) to $404,465,000 (FY2024) to $449,606,000 (FY2025).
Open source ↗Steady organic demand from aircraft production, defense modernization and industrial customers — together with aftermarket/service follow‑on sales — drives consistent mid-single-digit revenue growth.StrengtheningMateriality: High
revenue increased each year: $3.0358B (FY2022) -> $3.3162B (FY2023) -> $3.6090B (FY2024) -> $3.8606B (FY2025), showing consistent growth. Sustained organic top‑line growth is the primary driver of operating leverage, EPS compounding and a rising valuation multiple; if demand softens, earnings growth will slow even if margins hold.
Watch: A prolonged slowdown in commercial aircraft OEM production (major customers cutting build rates) reducing new production demand.
Supporting sources
Source notes are factual paraphrases; read the original disclosures below.
revenue increased each year: $3.0358B (FY2022) -> $3.3162B (FY2023) -> $3.6090B (FY2024) -> $3.8606B (FY2025), showing consistent growth.
Open source ↗Moog's business converts profitable revenue into operating cash flow at a rising rate, enabling a mix of reinvestment and shareholder returns without relying on external financing.StrengtheningMateriality: Medium
operating_cash_flow rose from $139,651,000 (FY2023) to $197,862,000 (FY2024) to $273,086,000 (FY2025), outpacing earlier years. High and improving cash conversion lowers financial risk, funds capex/R&D and allows buybacks/dividends that support per‑share returns; a reversal would raise financing needs and risk valuation compression.
Watch: Sharp working capital swings (longer receivable collection from large government customers) or increased advance payments to suppliers.
Supporting sources
Source notes are factual paraphrases; read the original disclosures below.
operating_cash_flow rose from $139,651,000 (FY2023) to $197,862,000 (FY2024) to $273,086,000 (FY2025), outpacing earlier years.
Open source ↗Stable gross margins indicate Moog can manage manufacturing/supply costs and pass some input cost changes to customers, protecting core profitability.HoldingMateriality: Medium
gross_profit increased each year: $820,801,000 (FY2022) -> $897,755,000 (FY2023) -> $1,012,408,000 (FY2024) -> $1,057,348,000 (FY2025), with gross margin roughly in the high‑20s percent range. If gross margins remain stable, incremental revenue should flow to the operating line; if gross margins erode, operating margin and cash flow will be pressured even with steady revenue.
Watch: Commodity or labor cost spikes that cannot be passed through to customers.
Supporting sources
Source notes are factual paraphrases; read the original disclosures below.
gross_profit increased each year: $820,801,000 (FY2022) -> $897,755,000 (FY2023) -> $1,012,408,000 (FY2024) -> $1,057,348,000 (FY2025), with gross margin roughly in.
Open source ↗
Full investment case & evidence
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Original research
Moog's exposure to high‑technical programs and long product lifecycles in aerospace/defense gives it pricing power and program continuity that support stable to improving operating margins. If true, margin stability or expansion will translate into predictable EBITDA and cash available for reinvestment or returns; if false, margin compression will force lower cash flow and valuation multiple risk.
Steady organic demand from aircraft production, defense modernization and industrial customers — together with aftermarket/service follow‑on sales — drives consistent mid-single-digit revenue growth. Sustained organic top‑line growth is the primary driver of operating leverage, EPS compounding and a rising valuation multiple; if demand softens, earnings growth will slow even if margins hold.
Moog's business converts profitable revenue into operating cash flow at a rising rate, enabling a mix of reinvestment and shareholder returns without relying on external financing. High and improving cash conversion lowers financial risk, funds capex/R&D and allows buybacks/dividends that support per‑share returns; a reversal would raise financing needs and risk valuation compression.
Stable gross margins indicate Moog can manage manufacturing/supply costs and pass some input cost changes to customers, protecting core profitability. If gross margins remain stable, incremental revenue should flow to the operating line; if gross margins erode, operating margin and cash flow will be pressured even with steady revenue.
All standing thesis claims
Original report summary
Moog monetizes engineering depth in precision motion and fluid controls for aerospace, defense and industrial customers, converting long programs and aftermarket support into steady organic growth, stable gross margins and strong cash generation.
Bull case and bear case
Bull case and bear case for Moog
Where the evidence on Moog stands: Holding on the latest evidence (Nov 11, 2026). Of its 4 thesis points, 3 strengthening and 1 holding.
Bull case: what the evidence supports
Moog's exposure to high‑technical programs and long product lifecycles in aerospace/defense gives it pricing power and program continuity that support stable to improving operating margins.
Steady organic demand from aircraft production, defense modernization and industrial customers — together with aftermarket/service follow‑on sales — drives consistent mid-single-digit revenue growth.
Moog's business converts profitable revenue into operating cash flow at a rising rate, enabling a mix of reinvestment and shareholder returns without relying on external financing.
Stable gross margins indicate Moog can manage manufacturing/supply costs and pass some input cost changes to customers, protecting core profitability.
Bear case: what would count against it
Loss of a major design win or program cancellation by a prime (e.g., major airframe or defense prime reallocating work to a competitor).
A prolonged slowdown in commercial aircraft OEM production (major customers cutting build rates) reducing new production demand.
Sharp working capital swings (longer receivable collection from large government customers) or increased advance payments to suppliers.
Thesis-Break Engine
What has broken in Moog’s thesis
Each break OptimistFi flagged on Moog, dated — with what has historically followed the same kind of break across the market, not a forecast for Moog.
- Sharp drawdowncondition set before this filing
Across all companies, this kind of break has happened 15,428 times before. Those stocks beat comparable companies by a median of 1% over the next six months, and 33% of them trailed it by 10 points or more.
MARKET + FINANCIAL SNAPSHOT
The numbers behind the thesis
What Changed
- MixedReported results of operations (earnings release).
Moog filed an SEC 8-K on 2026-07-31: Reported results of operations (earnings release). It is a dated development that tests the current thesis.
- MixedDirector or principal officer change.
Moog filed an SEC 8-K on 2026-07-06: Director or principal officer change. It is a dated development that tests the current thesis.
Risks / falsifiers
What could break the thesis
- Loss of a major design win or program cancellation by a prime (e.g., major airframe or defense prime reallocating work to a competitor).
- A prolonged slowdown in commercial aircraft OEM production (major customers cutting build rates) reducing new production demand.
- Sharp working capital swings (longer receivable collection from large government customers) or increased advance payments to suppliers.
- Commodity or labor cost spikes that cannot be passed through to customers.
MOG-A news
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Financial statements
MOG-A income statement
Annual filed results · USD · Oldest to newest. Margins are calculated from the reported figures.
MOG-A: quick answers
- When does Moog (MOG-A) report earnings next?
- Moog's next results are projected for November 20, 2026, from the dates of its own results filings with the SEC. The company has not confirmed the date. It last reported on July 31, 2026. Earnings calendar
- What is MOG-A's short interest?
- As of October 30, 2026, 871,716 MOG-A shares were sold short, down 10.3% from the count before. At the stock's average daily volume that is 3.0 days to cover. FINRA publishes the count twice a month. MOG-A short interest history
- Have members of Congress traded MOG-A?
- Reports made public in the last 90 days disclose 2 trades in MOG-A by 1 filer: 2 purchases and 0 sales. They are filed under the STOCK Act by members of Congress, the President and senior officials. Every disclosed MOG-A trade
- Which well-known investors own MOG-A?
- 2 of the 37 well-known funds tracked here reported MOG-A shares in their latest 13F filings. By share of the fund's portfolio: Bridgewater Associates (Ray Dalio), 0.0%; ARK Investment Management (Cathie Wood), 0.0%. Fund portfolios
MOG-A in well-known investors’ portfolios
2 of 37 funds reported MOG-A shares in their latest 13F filing. A 13F shows quarter-end positions and arrives up to 45 days later.
| Fund | Of its portfolio | Value | Change | Quarter |
|---|---|---|---|---|
| Ray DalioBridgewater Associates | 0.02% | $4.4M | −34.3% | Q2 2026 |
| Cathie WoodARK Investment Management | 0.01% | $1.5M | −16.7% | Q2 2026 |