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Sep 30, 2023
Moog Q4 2023 Earnings Report
Moog reported record sales and margin expansion in Q4 2023.
Key Takeaways
Moog Inc. reported a strong Q4 2023 with record net sales of $872 million, a 14% increase year-over-year. Adjusted operating margin expanded by 210 basis points to 12.5%, and adjusted diluted earnings per share increased by 54%.
Record net sales of $872 million, an increase of 14%, with double-digit growth in each of our segments.
Adjusted operating margin expanded 210 basis points to 12.5%, benefiting from pricing and simplification.
Adjusted diluted earnings per share increased 54% due to incremental operating profit.
Adjusted free cash flow increased $86 million, driven by strong collections and timing of payments.
Moog
Moog
Moog Revenue by Segment
Revenue by Segment
Space & Defense Revenue
CapyFin.comMilitary Aircraft Revenue
CapyFin.comIndustrial Revenue
CapyFin.com Forward Guidance
Fiscal year 2024 will be another positive step on our journey towards our long-term financial targets. Our operating margin will expand by over 100 basis points and earnings per share will increase over 10%.
Revenue & Expenses
Visualization of income flow from segment revenue to net income