GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Moog Inc (NYSE:MOG.A) » Definitions » EBIT

Moog (MOG.A) EBIT : $330 Mil (TTM As of Sep. 2024)


View and export this data going back to 1992. Start your Free Trial

What is Moog EBIT?

Moog's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was $65 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was $330 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Moog's annualized ROC % for the quarter that ended in Sep. 2024 was 8.19%. Moog's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 19.94%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Moog's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 4.46%.


Moog EBIT Historical Data

The historical data trend for Moog's EBIT 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 EBIT Chart

Moog Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.31 237.67 239.74 279.63 329.93

Moog Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
EBIT 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 67.34 79.31 96.75 89.06 64.81

Competitive Comparison of Moog's EBIT

For the Aerospace & Defense subindustry, Moog's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Moog's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Moog's EV-to-EBIT falls into.



Moog EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $330 Mil.

* 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.


Moog  (NYSE:MOG.A) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Moog's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=378.472 * ( 1 - 22.51% )/( (3605.702 + 3560.35)/ 2 )
=293.2779528/3583.026
=8.19 %

where

Invested Capital(Q: Jun. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=4067.748 - 411.474 - ( 50.572 - max(0, 988.404 - 2172.388+50.572))
=3605.702

Invested Capital(Q: Sep. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=4093.626 - 471.582 - ( 61.694 - max(0, 999.027 - 2140.749+61.694))
=3560.35

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Moog's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=259.24/( ( (943.682 + max(334.837, 0)) + (981.948 + max(339.884, 0)) )/ 2 )
=259.24/( ( 1278.519 + 1321.832 )/ 2 )
=259.24/1300.1755
=19.94 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(420.837 + 831.377 + 71.027) - (411.474 + 353.496 + 223.434)
=334.837

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(388.841 + 863.702 + 86.368) - (471.582 + 299.732 + 227.713)
=339.884

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Moog's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=329.925/7395.781
=4.46 %

* 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.


Moog EBIT Related Terms

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


Moog 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 control systems for the aerospace and defense markets. The company operates through four segments: Space and Defense, Military Aircraft, Commercial Aircraft, and Industrial. It generates the majority of its revenue from Space and Defense which provides critical defense components and motion-control systems used in defense vehicle platforms, missile systems, naval ships, and submarines; high-performance components and systems used for space launch vehicles, satellites, and spacecraft vehicles. This segment also offers cutting-edge solutions for applications, including space exploration, defense platforms, and advanced systems for missile guidance, propulsion, and vehicle controls.
Executives
Alfieri Joseph J Iii officer: Vice President 400 JAMISON RD., EAST AURORA NY 14052
Michael A Schaff officer: Vice President 400 JAMISON RD., EAST AURORA NY 14052
Mark D Graczyk officer: Vice President 400 JAMISON RD., EAST AURORA NY 14052
Mahesh Narang director 500 JACKSON STREET, COLUMBUS IN 47201
Stuart Mclachlan officer: Vice President SENECA ST. & JAMISON RD, E. AURORA NY 14052
Janet M. Coletti director ONE M&T PLAZA, BUFFALO NY 14203
Michael J. Swope officer: Controller SENECA ST & JAMISON RD, EAST AURORA NY 14052
Paul Wilkinson officer: Vice President SENECA STREET & JAMISON ROAD, EAST AURORA NY 14052
Brenda Reichelderfer director ITT CORPORATION, 4 WEST RED OAK LANE, WHITE PLAINS NY 10604
R. Eric Burghardt officer: Vice President SENECA STREET & JAMISON ROAD, EAST AURORA NY 14052
Mark Joseph Trabert officer: Vice President SENECA STREET & JAMISON ROAD, EAST AURORA NY 14052
Maureen Mary Athoe officer: Vice President SENECA STREET & JAMISON ROAD, EAST AURORA NY 14052
Richard Bradley Lawrence director 500 108TH AVENUE NE, SUITE 1500, BELLEVUE WA 98004
Patrick J Roche officer: Vice President SENECA ST & JAMISON RD, EAST AURORA NY 14052
Gisel William G Jr director SENECA ST & JAMISON RD, EAST AURORA NY 14052

Moog Headlines

From GuruFocus

Q3 2022 Moog Inc Earnings Call Transcript

By GuruFocus Research 02-10-2024

Q1 2022 Moog Inc Earnings Call Transcript

By GuruFocus Research 02-10-2024

Moog Inc. Announces Cash Dividend

By Business Wire 11-01-2024

Q1 2023 Moog Inc Earnings Call Transcript

By GuruFocus Research 02-10-2024

Q2 2021 Moog Inc Earnings Call Transcript

By GuruFocus Research 02-10-2024

Q4 2022 Moog Inc Earnings Call Transcript

By GuruFocus Research 02-10-2024

Q3 2024 Moog Inc Earnings Call Transcript

By GuruFocus Research 08-03-2024