Curtiss-Wright Corporation (CW) vs Moog Inc. (MOG.A)

Curtiss-Wright Corporation and Moog Inc. are both Aerospace & Defense companies. Curtiss-Wright Corporation is the larger, with a market value of $20.1B against $12.2B — 1.7× the size. Moog Inc. trades at the lower P/E: 32.6× against 36.9×. Moog Inc. grew revenue faster over the last twelve months: 15.8% against 10.5%. Curtiss-Wright Corporation has the higher net margin (14.8% vs 8.73%) and the higher return on invested capital (13.2% vs 10.5%). Both pay a dividend; Moog Inc. yields more (0.77% vs 0.35%). Across the 23 metrics below, Curtiss-Wright Corporation leads on 13 and Moog Inc. on 10.

Valuation

Metric CW MOG.A Aerospace & Defense median
P/E 36.94 32.59 33.00
P/S 5.46 2.84 3.63
P/B 7.20 5.53 3.24
Price to free cash flow 31.40 34.77 34.01
EV/EBITDA 25.34 20.78 18.69
EV/Sales 5.59 3.04 3.94
Earnings yield 2.71% 3.07% 1.31%
Free cash flow yield 3.19% 2.88% 0.00%

Profitability

Metric CW MOG.A Aerospace & Defense median
Gross margin 37.73% 28.20% 25.48%
Operating margin 18.78% 11.93% 4.54%
Net margin 14.81% 8.73% 2.22%
Free cash flow margin 17.38% 8.18% 0.00%
Return on equity 19.75% 18.11% 6.43%
Return on assets 10.16% 8.23% 2.70%
Return on invested capital 13.20% 10.52% 1.56%

Growth

Metric CW MOG.A Aerospace & Defense median
Revenue growth (TTM) 10.54% 15.81% 18.43%
EPS growth (last fiscal year) 21.99% 14.53% —
Revenue growth, 5-year CAGR 7.91% 6.00% 9.62%
Net income growth, 5-year CAGR 19.18% 91.17% 0.00%

Health

Metric CW MOG.A Aerospace & Defense median
Debt to equity 0.35 0.41 0.24
Current ratio 1.60 2.09 2.72
Net debt to EBITDA 0.77 1.75 1.12

Dividend

Metric CW MOG.A Aerospace & Defense median
Dividend yield 0.35% 0.77% 1.04%
Payout ratio 0.09 0.21 0.00

Size

Metric CW MOG.A Aerospace & Defense median
Market cap 20.10b 12.15b 2.52b

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