Moog 2021 Annual Overview - Report - Page 2
1951– 2021
FINANCIAL HIGHLIGHTS
RECENT FINANCIAL PERFORMANCE
In the 70 years since Bill Moog founded our company,
(Dollars and shares in millions, except per share data)
we have extended our technology capabilities to include
2021
2020
$ 2,852
$ 2,885
$ 157
$9
N/A
$ 157
$ 4.87
$ 0.28
N/A
$ 4.81
EQUITY MARKET CAPITALIZATION
$ 2,517
$ 2,142
AVERAGE SHARES OUTSTANDING
32.3
33.4
NET SALES
customized, high-performance motion control and fluid flow
NET EARNINGS
systems and components. We attack the most difficult
ADJUSTED NET EARNINGS*
technical challenges for customers who have demanding
ADJUSTED EARNINGS PER SHARE*
DILUTED EARNINGS PER SHARE
+
requirements, and deliver state of-the-art solutions.
+
We’ve taken this capability to markets where performance
REVENUE
BY SEGMENT
• AIRCRAFT CONTROLS
• INDUSTRIAL SYSTEMS
• SPACE AND DEFENSE
Measured as of fiscal year end
SALES (Dollars in millions)
is critical and where the cost of failure is high. Our heritage
41%
31%
28%
$ 3,500
and success prove that customers choose Moog when
$ 3,000
$ 2,500
performance really matters.
$
$
2,498
2,709
$
2,905
$
2,885
$
2,852
REVENUE
BY MARKET
$ 2,000
$ 1,500
$ 1,000
$ 500
$0
2017
2018
2019
• DEFENSE
• INDUSTRIAL AUTOMATION
• COMMERCIAL AIRCRAFT
• SPACE
• MEDICAL
2021
2020
FISCAL YEAR
DILUTED EARNINGS PER SHARE (In dollars)
$ 6.00
$ 5.50
$ 5.00
$
$ 4.50
$ 4.00
$ 3.50
$
$
4.96
$
4.57
4.81
$
13%
12%
9%
REVENUE
BY MARKET
DISTRIBUTION
$ 3.00
$
22%
4.87
3.95
$ 2.50
44%
2.64
$ 2.00
$ 1.50
• INDUSTRIAL AND COMMERCIAL
• U.S. MILITARY AND GOVERNMENT FUNDED
• FOREIGN GOVERNMENT
$ 1.00
$ 0.50
$ 0.00
$
2017
2018*
2019
0.28
2020*
2021
FISCAL YEAR
44%
8%
Moog’s geographic revenue distribution is 68% U.S. and 32% international.
*2018 adjusted EPS of $4.57 excludes the impact of charges associated with
exiting the wind pitch control business and special impacts from the U.S.Tax Act.
Financial results for fiscal year 2021 are available in Moog’s 10-K. The report
was filed on November 15, 2021, pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934 for the fiscal year ended October 2, 2021.
The 10-K can be viewed at www.moog.com/investors/10K.
*2020 adjusted EPS of $4.81 excludes the impact of charges associated with
COVID-19 pandemic ($1.68) and pension settlement accounting ($2.85).
2
48%
3
