Moog Inc. (MOG-A) Balance Sheet
MOG-A balance sheet, FY2025
September 30, 2025 · U.S. dollars$4.43B assets = $2.43B liabilities + $1.99B equity
Both columns are drawn to the same scale: what MOG-A owns equals what it owes plus shareholders’ equity. Hover a block for its value.
MOG-A financial health
Current ratio2.12
Comfortable · current assets cover current liabilities 2.12×
Debt / equity0.47
Low leverage · $0.47 of debt for each $1 of equity
Equity / assets45.0%
Equity-funded · of assets funded by shareholders
Cash / debt6.6%
Low cash cover · cash & short-term investments vs total debt
Goodwill & intangibles20.5%
Mostly tangible · of total assets
Descriptive bands, not a rating. Fiscal FY2025.
MOG-A balance sheet trends, FY2016–FY2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $3.04BFY2016 | $4.43BFY2025 | +4.3%/yr | |
| Total liabilities | $2.02BFY2016 | $2.43BFY2025 | +2.1%/yr | |
| Shareholders’ equity | $988.4MFY2016 | $1.99BFY2025 | +8.1%/yr | |
| Cash & short-term investments | $325.1MFY2016 | $62.0MFY2025 | −16.8%/yr | |
| Total debt | $1.01BFY2016 | $945.7MFY2025 | −0.7%/yr | |
| Net cash (debt) | −$681.3MFY2016 | −$883.7MFY2025 | −$202.4M | |
| Working capital | $1.03BFY2016 | $1.25BFY2025 | +$219.7M | |
| Book value per share | $27.06FY2016 | $62.11FY2025 | +9.7%/yr | |
| Current ratio | 2.75FY2016 | 2.12FY2025 | −0.63 | |
| Debt / equity | 1.02FY2016 | 0.47FY2025 | −0.54 | |
| Shares outstanding | 36.5MFY2016 | 32.1MFY2025 | −1.4%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
MOG-A assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
MOG-A liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
MOG-A debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
MOG-A balance sheet
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $62.0M | $61.7M | $69.0M | $103.9M | $99.6M | $84.6M | $92.5M | $125.6M | $368.1M | $325.1M |
| Cash & equivalents | $62.0M | $61.7M | $69.0M | $103.9M | $99.6M | $84.6M | $92.5M | $125.6M | $368.1M | $325.1M |
| Short-term investments | — | −$123,000 | — | — | — | — | $57,000 | $1.4M | $552,000 | $52,000 |
| Receivables | $1.25B | $1.13B | $1.14B | $990.3M | $945.9M | $855.5M | $954.4M | $793.9M | $727.7M | $688.4M |
| Inventory | $914.3M | $863.7M | $724.0M | $588.5M | $613.1M | $623.0M | $535.0M | $512.5M | $489.1M | $479.0M |
| Other current assets | $142.5M | $86.4M | $51.0M | $75.7M | $60.2M | $50.3M | $47.1M | $44.4M | $41.5M | $127.6M |
| Total current assets | $2.37B | $2.14B | $1.99B | $1.76B | $1.72B | $1.61B | $1.63B | $1.48B | $1.63B | $1.62B |
| Property, plant & equipment (net) | $1.07B | $981.9M | $870.8M | $738.0M | $706.1M | $668.9M | $586.8M | $552.9M | $523.0M | $522.4M |
| Goodwill & intangible assets | $908.4M | $897.2M | $892.9M | $890.7M | $957.7M | $906.9M | $863.9M | $892.8M | $883.1M | $853.7M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $322,000 | $314,000 | $69,000 |
| Other non-current assets | $75.0M | $57.7M | $59.0M | $44.8M | $50.6M | $36.6M | $34.6M | $41.7M | $57.8M | $45.6M |
| Total assets | $4.43B | $4.08B | $3.81B | $3.43B | $3.43B | $3.23B | $3.11B | $2.96B | $3.09B | $3.04B |
| Liabilities | ||||||||||
| Accounts payable | $318.4M | $293.9M | $264.6M | $232.1M | $200.6M | $176.9M | $257.7M | $207.4M | $170.9M | $144.4M |
| Short-term debt | $1.6M | $112.3M | $16.9M | $916,000 | $80.4M | $350,000 | $249,000 | $4.0M | $384,000 | $1.5M |
| Deferred revenue | $373.0M | $302.1M | $378.0M | $296.9M | $263.7M | $203.3M | $137.2M | $151.7M | $159.3M | $167.5M |
| Total current liabilities | $1.12B | $1.01B | $965.5M | $838.4M | $869.4M | $710.6M | $727.7M | $680.6M | $629.4M | $588.9M |
| Long-term debt | $944.1M | $874.1M | $863.1M | $836.9M | $823.4M | $930.0M | $833.0M | $858.8M | $956.7M | $1.01B |
| Other long-term liabilities | $370.3M | $361.3M | $343.4M | $319.7M | $340.3M | $342.2M | $231.1M | $199.6M | $290.2M | $417.3M |
| Total liabilities | $2.43B | $2.25B | $2.17B | $2.00B | $2.03B | $1.98B | $1.79B | $1.74B | $1.88B | $2.02B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $51.3M | $51.3M | $51.3M | $51.3M | $51.3M | $51.3M | $51.3M | $51.3M | $51.3M | $51.3M |
| Retained earnings (deficit) | $2.83B | $2.64B | $2.50B | $2.36B | $2.24B | $2.11B | $2.13B | $1.97B | $1.85B | $1.71B |
| Treasury stock | — | — | — | −$1.05B | −$1.01B | — | −$769.6M | −$738.5M | −$739.2M | −$741.7M |
| Accumulated other comprehensive income | −$327.9M | −$366.6M | −$347.7M | −$370.0M | −$311.3M | −$338.6M | −$491.6M | −$445.1M | −$348.0M | −$444.0M |
| Total shareholders' equity | $1.99B | $1.83B | $1.64B | $1.44B | $1.40B | $1.24B | $1.32B | $1.22B | $1.21B | $988.4M |
| Key figures | ||||||||||
| Total debt | $945.7M | $874.1M | $863.1M | $837.8M | $903.7M | $930.3M | $833.2M | $862.8M | $957.0M | $1.01B |
| Net cash (debt) | −$883.7M | −$812.4M | −$794.1M | −$733.9M | −$804.1M | −$845.7M | −$740.7M | −$737.2M | −$589.0M | −$681.3M |
| Working capital | $1.25B | $1.13B | $1.02B | $919.9M | $849.4M | $902.9M | $901.3M | $795.8M | $997.0M | $1.03B |
| Tangible book value | $1.08B | $931.6M | $743.1M | $546.1M | $442.4M | $336.2M | $458.6M | $332.2M | $331.2M | $134.7M |
| Book value per share | $62.11 | $56.52 | $51.06 | $44.74 | $43.35 | $37.18 | $37.59 | $33.98 | $33.52 | $27.06 |
| Shares outstanding | 32.1M | 32.4M | 32.0M | 32.1M | 32.3M | 33.4M | 35.2M | 36.1M | 36.2M | 36.5M |
| Current ratio | 2.12 | 2.11 | 2.06 | 2.10 | 1.98 | 2.27 | 2.24 | 2.17 | 2.58 | 2.75 |
| Quick ratio | 1.17 | 1.17 | 1.25 | 1.30 | 1.20 | 1.32 | 1.44 | 1.35 | 1.74 | 1.72 |
| Debt / equity | 0.47 | 0.48 | 0.53 | 0.58 | 0.65 | 0.75 | 0.63 | 0.70 | 0.79 | 1.02 |
| Equity / assets | 45.0% | 44.8% | 43.0% | 41.9% | 40.8% | 38.5% | 42.5% | 41.3% | 39.3% | 32.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $67.8M | $308.2M | $73.8M | $62.0M | $59.0M | $62.1M | $73.4M | $61.7M | $51.5M | $59.1M | $126.4M | $69.0M |
| Cash & equivalents | $67.8M | $308.2M | $73.8M | $62.0M | $59.0M | $62.1M | $73.4M | $61.7M | $51.5M | $59.1M | $126.4M | $69.0M |
| Receivables | $1.49B | $1.45B | $1.37B | $1.25B | $1.26B | $1.27B | $1.21B | $1.11B | $1.22B | $1.21B | $1.14B | $1.14B |
| Inventory | $933.9M | $931.8M | $915.7M | $914.3M | $924.7M | $902.6M | $886.1M | $862.5M | $831.4M | $810.5M | $788.0M | $724.0M |
| Other current assets | $115.5M | $105.8M | $88.9M | $142.5M | $153.5M | $96.2M | $78.1M | $87.9M | $70.1M | $73.8M | $60.0M | $51.0M |
| Total current assets | $2.60B | $2.79B | $2.45B | $2.37B | $2.40B | $2.33B | $2.25B | $2.12B | $2.17B | $2.16B | $2.12B | $1.99B |
| Property, plant & equipment (net) | $1.13B | $1.11B | $1.10B | $1.07B | $1.04B | $1.02B | $990.8M | $981.2M | $943.7M | $926.4M | $902.2M | $870.8M |
| Goodwill & intangible assets | $926.8M | $934.1M | $940.6M | $908.4M | $859.3M | $883.3M | $878.0M | $897.2M | $893.7M | $897.3M | $906.1M | $892.9M |
| Long-term investments | $0 | $0 | $0 | $0 | $6.5M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $110.1M | $60.8M | $60.4M | $75.0M | $87.9M | $88.8M | $78.5M | $76.6M | $57.9M | $58.5M | $63.1M | $59.0M |
| Total assets | $4.77B | $4.90B | $4.55B | $4.43B | $4.40B | $4.32B | $4.19B | $4.08B | $4.07B | $4.04B | $3.99B | $3.81B |
| Liabilities | ||||||||||||
| Accounts payable | $323.6M | $328.1M | $295.2M | $318.4M | $289.2M | $293.1M | $267.1M | $293.9M | $266.3M | $267.7M | $261.2M | $264.6M |
| Short-term debt | $38.7M | $530.9M | $34.2M | $1.6M | $24.9M | $23.6M | $22.0M | $20.3M | $39.3M | $18.5M | $17.7M | $16.9M |
| Deferred revenue | $486.6M | $469.2M | $410.4M | $373.0M | $298.6M | $306.8M | $293.6M | $302.1M | $353.5M | $404.9M | $445.7M | $378.0M |
| Total current liabilities | $1.25B | $1.67B | $1.05B | $1.12B | $988.6M | $951.4M | $913.8M | $1.01B | $988.4M | $1.00B | $1.01B | $965.5M |
| Long-term debt | $906.4M | $739.8M | $1.05B | $944.1M | $1.08B | $1.17B | $1.10B | $874.1M | $958.1M | $948.6M | $920.1M | $863.1M |
| Other long-term liabilities | $395.8M | $394.3M | $381.1M | $370.3M | $382.6M | $366.8M | $360.3M | $361.3M | $327.4M | $332.7M | $350.8M | $343.4M |
| Total liabilities | $2.55B | $2.80B | $2.49B | $2.43B | $2.45B | $2.48B | $2.38B | $2.25B | $2.27B | $2.29B | $2.28B | $2.17B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $51.3M | $51.3M | $51.3M | $51.3M | $51.3M | $51.3M | $51.3M | $51.3M | $51.3M | $51.3M | $51.3M | $51.3M |
| Retained earnings (deficit) | $3.12B | $2.98B | $2.90B | $2.83B | $2.81B | $2.76B | $2.71B | $2.64B | $2.63B | $2.59B | $2.54B | $2.50B |
| Accumulated other comprehensive income | −$928.7M | −$694.6M | −$568.3M | −$523.4M | −$482.3M | −$358.5M | −$585.2M | −$366.6M | −$545.8M | −$516.0M | −$341.5M | −$347.7M |
| Total shareholders' equity | $2.22B | $2.10B | $2.07B | $1.99B | $1.94B | $1.84B | $1.81B | $1.83B | $1.79B | $1.75B | $1.71B | $1.64B |
| Key figures | ||||||||||||
| Total debt | $1.15B | $1.46B | $1.27B | $945.7M | $1.08B | $1.17B | $1.10B | $874.1M | $958.1M | $948.6M | $920.1M | $863.1M |
| Net cash (debt) | −$1.08B | −$1.15B | −$1.20B | −$883.7M | −$1.02B | −$1.10B | −$1.03B | −$812.4M | −$906.6M | −$889.5M | −$793.7M | −$794.1M |
| Working capital | $1.36B | $1.13B | $1.40B | $1.25B | $1.41B | $1.38B | $1.33B | $1.11B | $1.18B | $1.15B | $1.11B | $1.02B |
| Tangible book value | $1.30B | $1.17B | $1.13B | $1.08B | $1.08B | $952.1M | $936.8M | $931.6M | $900.1M | $855.9M | $801.1M | $743.1M |
| Book value per share | $69.35 | $65.55 | $64.46 | $62.10 | $60.59 | $57.46 | $56.00 | $56.52 | $55.35 | $54.22 | $52.94 | $50.83 |
| Shares outstanding | 32.0M | 32.1M | 32.0M | 32.1M | 32.1M | 31.9M | 32.4M | 32.4M | 32.4M | 32.3M | 32.2M | 32.2M |
| Current ratio | 2.09 | 1.68 | 2.33 | 2.12 | 2.43 | 2.45 | 2.46 | 2.09 | 2.20 | 2.15 | 2.10 | 2.06 |
| Quick ratio | 1.25 | 1.05 | 1.37 | 1.17 | 1.34 | 1.40 | 1.40 | 1.16 | 1.29 | 1.27 | 1.26 | 1.25 |
| Debt / equity | 0.52 | 0.69 | 0.61 | 0.47 | 0.56 | 0.64 | 0.61 | 0.48 | 0.53 | 0.54 | 0.54 | 0.53 |
| Equity / assets | 46.6% | 42.9% | 45.4% | 45.0% | 44.2% | 42.5% | 43.3% | 44.8% | 44.1% | 43.4% | 42.8% | 43.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed November 26, 2025); data from EODHD.
MOG-A financial position
At the end of fiscal 2025 (September 30, 2025), Moog had total assets of $4.4 billion (up 8.5% from a year earlier), total liabilities of $2.4 billion and shareholders' equity of $2.0 billion. It held $62.0 million in cash and short-term investments against $945.7 million of debt, net debt of $883.7 million. Its current ratio was 2.12. In the latest quarter (ended June 30, 2026) total assets were $4.8 billion and equity $2.2 billion.
Related: MOG-A income statement, MOG-A cash flow statement, MOG-A key metrics. See the MOG-A stock overview for the latest quote and news.
MOG-A balance sheet FAQ
What are Moog's total assets?
Moog reported total assets of $4.4 billion at the end of fiscal 2025 (September 30, 2025), compared with $4.1 billion a year earlier.
How much debt does Moog have?
Moog had $945.7 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.47.
How much cash does Moog have?
Moog held $62.0 million in cash and short-term investments at the end of fiscal 2025; with $945.7 million of debt that is net debt of $883.7 million.
What is Moog's book value?
Moog's shareholders' equity (book value) was $2.0 billion at the end of fiscal 2025, or $62.11 per share.
What is Moog's current ratio?
Moog had current assets of $2.4 billion and current liabilities of $1.1 billion, a current ratio of 2.12 (it can cover its short-term obligations).
How much goodwill does Moog have?
Moog carried $908.4 million of goodwill and intangible assets, 20.5% of total assets, at the end of fiscal 2025.