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Moog Inc. MOG.B Industrial Systems — Restructuring reserve

Discontinued — last reported Q4 '23

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Other financials

Income statement

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Revenue$1.1B+12.6%
Gross profit$287.6M+11.1%
Net income$81.8M+49.9%
EPS (diluted)$2.55+49.1%

Balance sheet

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Cash & equivalents$307.6M+390%
Total debt$1.5B+6.9%
Total equity$2.1B+16.4%
Total assets$4.9B+13.8%

Cash flow

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Operating cash flow$129.6M+224%
CapEx$31.8M-15.4%
Free cash flow$97.8M

Valuation

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Market cap$13.64B+85.6%
Enterprise value$14.79B+66.6%
P/E48.1×+13.7×
P/S3.3×+1.3×

Profitability

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Gross margin27.4%-0.4pp
Net margin6.8%+1.0pp
FCF margin-3.9%

Returns & leverage

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Return on equity14.5%+2.4pp
Debt / equity0.7×-0.1×
Current ratio1.7×-0.7×

Where this comes from

Reported directly by Moog Inc. in its filing.

Tagged under the XBRL concept us-gaap:RestructuringReserve.

The official record: Moog Inc.’s 10-K, filed November 14, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is Moog Inc.'s industrial systems — restructuring reserve?
Moog Inc. (MOG.B) reported industrial systems — restructuring reserve of $8.21M in Q3 2023.
How has Moog Inc.'s industrial systems — restructuring reserve changed year-over-year?
Moog Inc.'s industrial systems — restructuring reserve increased by 22.9% year-over-year, from $6.68M to $8.21M.
What is the long-term trend for Moog Inc.'s industrial systems — restructuring reserve?
Over 2 years (2021 to 2023), Moog Inc.'s industrial systems — restructuring reserve has grown at a 13.9% compound annual growth rate (CAGR), from $25.41M to $32.96M.
What does industrial systems — restructuring reserve mean?
The amount of money the segment has set aside to pay for planned organizational changes.
How do you interpret industrial systems — restructuring reserve?
A high reserve indicates active or pending restructuring efforts, while a declining reserve suggests the completion of cost-saving initiatives.
How does industrial systems — restructuring reserve compare across companies?
Standard metric for companies undergoing operational transformation or cost-rationalization programs.