GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Moog Inc (NYSE:MOG.B) » Definitions » Gross Profit

Moog (MOG.B) Gross Profit : $967 Mil (TTM As of Mar. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Moog Gross Profit?

Moog's gross profit for the three months ended in Mar. 2024 was $267 Mil. Moog's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $967 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Moog's gross profit for the three months ended in Mar. 2024 was $267 Mil. Moog's Revenue for the three months ended in Mar. 2024 was $930 Mil. Therefore, Moog's Gross Margin % for the quarter that ended in Mar. 2024 was 28.68%.

Moog had a gross margin of 28.68% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Moog was 30.12%. The lowest was 25.78%. And the median was 28.33%.

Warning Sign:

Moog Inc gross margin has been in long-term decline. The average rate of decline per year is -1.1%.


Moog Gross Profit Historical Data

The historical data trend for Moog's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Moog Gross Profit Chart

Moog Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 815.83 743.70 775.72 820.80 891.53

Moog Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 221.32 222.63 243.90 233.20 266.78

Competitive Comparison of Moog's Gross Profit

For the Aerospace & Defense subindustry, Moog's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Moog's Gross Profit Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Moog's Gross Profit distribution charts can be found below:

* The bar in red indicates where Moog's Gross Profit falls into.



Moog Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Moog's Gross Profit for the fiscal year that ended in Sep. 2023 is calculated as

Gross Profit (A: Sep. 2023 )=Revenue - Cost of Goods Sold
=3319.122 - 2427.59
=892

Moog's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=930.303 - 663.525
=267

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $967 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Moog's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=267 / 930.303
=28.68 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Moog  (NYSE:MOG.B) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Moog had a gross margin of 28.68% for the quarter that ended in Mar. 2024 => Competition eroding margins


Moog Gross Profit Related Terms

Thank you for viewing the detailed overview of Moog's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Moog (MOG.B) Business Description

Traded in Other Exchanges
Address
400 Jamison Road, East Aurora, New York, NY, USA, 14052-0018
Moog Inc is a manufacturer of precision motion and fluid controls systems for the aerospace and defense markets. It has a diversified product range and operates in three segments: Aircraft Controls, Space and Defense Controls, and Industrial Systems. The company has a wide sales and marketing reach with sales staff being the main contact with customers. Additionally, it will use manufacturers' representatives and distributors to market in certain segments. Sales under United States government contracts represent approximately one third of total revenue. Although over half of total sales originate in the United States, the company serves many European and Asian nations.

Moog (MOG.B) Headlines

From GuruFocus

Moog Inc (MOG.A) Files 10-K for the Fiscal Year Ended on September 30, 2021

By GuruFocus Research GuruFocus Editor 11-15-2021

Moog Inc. Investor Day Highlights

By Business Wire Business Wire 06-09-2023

7 Cheap Stocks Based on Price-Sales

By Tiziano Frateschi Tiziano Frateschi 01-24-2017

Moog Inc. and TRIUMPH Enter Into MRO Agreement

By Business Wire Business Wire 07-19-2022

Moog Inc. Announces Cash Dividend

By Business Wire 07-28-2023