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Why Moog stock moves

Moog fell very sharply without a company-news explanation.

Written after the close on ·

Why today

16,413 news analyzed today

Moog fell very sharply without a company-news explanation.

The S&P 500 also fell very sharply, so the market drop explains much of the move.

Over the last five trading days Moog also fell very sharply, moving more than the market and its sector.

Trading volume was about five times a normal session, showing heavy selling pressure.

Recent news was mostly product launches, such as new amplifiers and a flight simulator deal, which likely did not drive the decline.

Today's move of −2.30% was 3.1 times a normal day's 0.7%. S&P 500 moved −4.41% on the same day.

Moog −2.30%S&P 500 −4.41%Much stronger than the market

Earlier days →

See the chart in ChartCompass, with every move explained →

Has the share price followed the business?

Price and earnings moved in the same direction: 3 out of 3 years. Across US companies, that happens in about 65% of years. In 2025, the price changed +4% and earnings per share +15%.

Revenue, profit and market cap

Revenue, profit and market cap ($B)048112022: 3.042022: 0.1620222023: 3.322023: 0.1820232024: 3.612024: 0.2120242025: 3.862025: 0.242025Now2026: 4.4120262027: 4.7320272022: 2.2722023: 3.5942024: 6.3462025: 6.527Now: 10.3010

RevenueProfitMarket capHatched bars: analysts’ estimates.$B

Market cap is 2.7 times 2025 revenue, against 0.7 in 2022. Profit in 2025: $235M.

Assets, liabilities and market cap

Assets, liabilities and market cap ($B)048112022: 3.432022: 2.0020222023: 3.812023: 2.1720232024: 4.082024: 2.2520242025: 4.432025: 2.432025Now2022: 2.2722023: 3.5942024: 6.3462025: 6.527Now: 10.3010

AssetsLiabilitiesMarket cap$B

Assets minus liabilities leave $2.0B for shareholders. Market cap is 5.2 times that equity.

Price and earnings moved in the same direction: 3 out of 3 years.Market cap (Now): $10.3BRevenue 2025: $3.9B

What the key figures say about Moog

The figures connect what Moog earns with what investors pay.

The line shows the share price in the same year, on its own scale. Hatched bars: analysts’ estimates.

Earnings per share$11.84
NowEarnings per share2022: 4.83222023: 5.47232024: 6.40242025: 7.33252022: 71.402023: 112.722024: 198.292025: 206.00

Profit divided by the number of shares. Each share represents this much of the earnings.

2022–2025: $4.83–$7.33. Peers: Leonardo 2.18 EUR, Kongsberg Gruppen 6.57 NOK, Saab 13.91 SEK.

Revenue$4.3B
NowRevenue2022: 3,035,783,000.00222023: 3,316,190,000.00232024: 3,608,960,000.00242025: 3,860,624,000.00252026: 4,405,883,950.00262027: 4,726,055,280.00272022: 71.402023: 112.722024: 198.292025: 206.00

What the company sold during the year.

2022–2025: $3.0B–$3.9B. Peers: Leonardo 21.4 bn EUR, Kongsberg Gruppen 39.3 bn NOK, Saab 92.9 bn SEK. 2026 estimate: $4.4B ($4.4B–$4.5B). 2027 estimate: $4.7B ($4.6B–$4.9B).

Operating margin10.6%
2025Operating margin2022: 8.65222023: 9.54232024: 11.04242025: 10.61252022: 71.402023: 112.722024: 198.292025: 206.00

The percentage of revenue left after the costs of running the business.

2022–2025: 8.7%–11.0%. Peers: Leonardo 8.8%, Kongsberg Gruppen 16.5%, Saab 10.6%.

Return on equity18.1%
NowReturn on equity2022: 10.80222023: 10.71232024: 11.42242025: 11.80252022: 71.402023: 112.722024: 198.292025: 206.00

Profit as a percentage of shareholders’ money in the company.

2022–2025: 10.7%–11.8%. Peers: Leonardo 15.5%, Kongsberg Gruppen 32.7%, Saab 16.3%.

P/E27.5
NowP/E2022: 14.78222023: 20.61232024: 30.98242025: 28.1025

The price investors pay for each unit of annual earnings per share. Not shown for a loss.

2022–2025: 14.8–31.0. Peers: Leonardo 22.1, Kongsberg Gruppen 51.1, Saab 43.5.

Market cap per unit of revenue (P/S)2.38
NowMarket cap per unit of revenue (P/S)2022: 0.75222023: 1.08232024: 1.76242025: 1.69252026: 2.34262027: 2.1827

What investors pay for each unit the company sells.

2022–2025: 0.75–1.76. Peers: Leonardo 1.30, Kongsberg Gruppen 7.51, Saab 3.51. 2026 estimate: 2.34. 2027 estimate: 2.18.

Dividend per share$1.19
NowDividend per share2017: 0.00172018: 0.75182019: 1.00192020: 0.75202021: 1.00212022: 1.04222023: 1.08232024: 1.12242025: 1.1625

Money paid to shareholders per share, summed by calendar year.

2017–2025: $0.00–$1.16.

Dividend yield0.4%
NowDividend yield2022: 1.46222023: 0.96232024: 0.56242025: 0.5625

The ordinary yearly dividend as a percentage of the share price.

2022–2025: 0.6%–1.5%. Peers: Leonardo 1.3%, Kongsberg Gruppen 0.7%, Saab 0.4%.

Net debt / EBITDA1.71
NowNet debt / EBITDA2022: 2.24222023: 2.14232024: 1.88242025: 1.8125

Net debt divided by operating earnings before depreciation and amortisation.

2022–2025: 1.81–2.24. Peers: Leonardo 1.23, Kongsberg Gruppen -0.39, Saab -0.33.

More key figures
Market cap / equity (P/B)4.63
NowMarket cap / equity (P/B)2022: 1.58222023: 2.20232024: 3.47242025: 3.2725

Market cap divided by shareholders’ equity, what remains after liabilities.

2022–2025: 1.58–3.47. Peers: Leonardo 2.79, Kongsberg Gruppen 22.18, Saab 6.27.

EV / EBIT19.3
2025EV / EBIT2022: 12.53222023: 15.60232024: 21.29242025: 19.2525

Market cap plus net debt, divided by operating earnings. This includes debt.

2022–2025: 12.5–21.3.

Free cash flow per share$4.05
2025Free cash flow per share2022: 3.38222023: -1.18232024: 1.43242025: 4.05252022: 71.402023: 112.722024: 198.292025: 206.00

Cash left after investments, divided by the number of shares.

2022–2025: -$1.18–$4.05. Peers: Leonardo 1.92 EUR, Kongsberg Gruppen 8.25 NOK, Saab 22.99 SEK.

Equity ratio45.0%
2025Equity ratio2022: 41.87222023: 42.96232024: 44.85242025: 45.0225

The percentage of assets financed by shareholders’ equity.

2022–2025: 41.9%–45.0%.

The dividend explained

A dividend is money paid to shareholders. Moog paid $1.19 per share in the twelve months through November 5, 2026.

On the ex-dividend day, August 14, 2026, Moog traded without the right to the $0.30 dividend. The price went from $411.85 to $411.85; including the dividend, the day's change was +0.1%. Entitlement passes from the company to shareholders on the ex-day; payment comes later.

2017: $0.002018: $0.752019: $1.002020: $0.752021: $1.002022: $1.042023: $1.082024: $1.122025: $1.162026 so far: $0.90

What followed similar falls?

Including reinvested dividends, Moog fell 8.3% over the latest five trading days. Since November 4, 2016, falls at least this large were followed by a higher value 21 trading days later in 18 out of 25 non-overlapping periods. The median was +4.8%, against +1.4% for an ordinary 21-day period, which ended higher 57 times in 100.

Such a fall has not said much about the next month.

+4.8% · 18/25

$10,000 in Moog bought on November 7, 2016 is worth $60,500 today, with dividends reinvested.

The same amount in S&P 500 with dividends would have become $40,300.

What would $10,000 in Moog be worth today? →

What would $10,000 in Moog be worth today?

$60,500

with dividends reinvested, bought on November 7, 2016. The same amount in S&P 500 with dividends would have become $40,300.

At worst it was worth $5,980 (March 18, 2020).

The five biggest days of the journey

· −23.6% · the whole market fell 5.2% the same day

· +20.3% · the whole market rose 0.5% the same day

· −19.0% · the whole market fell 9.5% the same day

· +18.6% · the whole market fell 0.3% the same day

· +17.1% · the whole market rose 1.5% the same day

Earlier days

  • −7.09% market −2.70% Moog fell sharply over the week, a big move for the stock and larger than the S&P 500 and its Industrials sector. Read →

    Moog fell sharply over the week, a big move for the stock and larger than the S&P 500 and its Industrials sector.

    The news was mostly product announcements, such as new amplifiers and a music tools partnership, which likely had little bearing on the drop.

    Trading was heavy, and the shares remain well above their lowest close of the past year but well below their highest, reached in mid-August.

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