Woodward, Inc.(WWD)Earnings, Financials & Key Ratios

WWD•NASDAQ

$382.42

$22.8B mkt cap·53.2× P/E·Price updated May 6, 2026

SectorIndustrials IndustryAerospace & Defense Sub-IndustryAerospace Components and Structures

AboutWoodward, Inc. designs, manufactures, and services control solutions for the aerospace and industrial markets worldwide. The company operates through two segments: Aerospace and Industrial. The Aerospace segment provides fuel pumps, metering units, actuators, air valves, specialty valves, fuel nozzles, and thrust reverser actuation systems for turbine engines and nacelles, and flight deck controls, actuators, servocontrols, motors, and sensors for aircraft. These products are used on commercial and private aircraft and rotorcraft, as well as on military fixed-wing aircraft and rotorcraft, guided weapons, and other defense systems. It also provides aftermarket maintenance, repair and overhaul, and other services to commercial airlines, repair facilities, military depots, third party repair shops, and other end users. This segment sells its products to original equipment manufacturers (OEMs), tier-one suppliers, and various contractors, as well as through aftermarket sales of components, such as provisioning spares or replacements, and spare parts. The Industrial segment offers actuators, valves, pumps, fuel injection systems, solenoids, ignition systems, speed controls, electronics and software, and sensors. These products are used on industrial gas turbines, steam turbines, compressors, and reciprocating engines. This segment sells its aftermarket products, and other related services to OEMs through an independent network of distributors, as well as directly to end users. The company was founded in 1870 and is headquartered in Fort Collins, Colorado.Show more

Revenue$3.57B+7.3%
EBITDA$624M+12.3%
Net Income$442M+18.5%
EPS (Diluted)7.19+19.6%
Gross Margin26.81%+1.7%
EBITDA Margin17.51%+4.6%
Operating Margin14.33%+8.3%
Net Margin12.39%+10.5%
ROE18.64%+6.2%
ROIC13.33%+10.5%
Debt/Equity0.28-31.6%
Interest Coverage12.41+35.3%

Analysis→Technical→

WWD Key Insights

Woodward, Inc. (WWD) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

✓Strong Piotroski F-Score: 9/9
✓Good 3Y average ROE of 16.0%

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

WWD Price & Volume

Woodward, Inc. (WWD) stock price & volume — 10-year historical chart

Loading chart...

WWD Growth Metrics

Woodward, Inc. (WWD) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years5.76%

5 Years7.41%

3 Years14.4%

TTM19.03%

Profit CAGR

10 Years9.31%

5 Years12.96%

3 Years37.06%

TTM34.71%

EPS CAGR

10 Years10.09%

5 Years13.96%

3 Years38.44%

TTM34.89%

Return on Capital

10 Years10.2%

5 Years9.78%

3 Years11.91%

Last Year14.26%

WWD Recent Earnings

Woodward, Inc. (WWD) EPS & revenue vs analyst estimates — last 4 quarters

Full history →

●Beat EPS 12/12 qtrs (100%)●Beat Revenue 10/12 qtrs (83%)

Q2 2026Latest

Apr 29, 2026

EPS

$2.27

Est $2.10

+8.1%

Revenue

$1.1B

Est $1.0B

+8.0%

Q1 2026

Feb 2, 2026

EPS

$2.17

Est $1.65

+31.5%

Revenue

$996M

Est $890M

+11.9%

Q4 2025

Nov 24, 2025

EPS

$2.09

Est $1.88

+11.2%

Revenue

$995M

Est $940M

+5.9%

Q3 2025

Jul 28, 2025

EPS

$1.76

Est $1.62

+8.6%

Revenue

$915M

Est $941M

-2.7%

Quarter	Date	EPS (Act vs Est)	Revenue (Act vs Est)
Q2 2026Latest	Apr 29, 2026	$2.27vs $2.10+8.1%	$1.1Bvs $1.0B+8.0%
Q1 2026	Feb 2, 2026	$2.17vs $1.65+31.5%	$996Mvs $890M+11.9%
Q4 2025	Nov 24, 2025	$2.09vs $1.88+11.2%	$995Mvs $940M+5.9%
Q3 2025	Jul 28, 2025	$1.76vs $1.62+8.6%	$915Mvs $941M-2.7%

Based on last 12 quarters of dataView full earnings history →

Company	Market Cap	Stock Price	P/E Ratio (TTM)	Revenue Growth 1Y	Net Margin	Return on Equity (ROE)	Debt / Equity
CWCurtiss-Wright CorporationDirect Competitor	27.41B	742.62	57.70	12.08%	13.84%	18.74%	0.52
DRSLeonardo DRS, Inc.Direct Competitor	11.11B	41.79	40.57	12.8%	7.85%	10.79%	0.17
KTOSKratos Defense & Security Solutions, Inc.Direct Competitor	11.53B	61.52	473.23	18.52%	2.08%	1.26%	0.09
TDGTransDigm Group IncorporatedProduct Competitor	69.67B	1233.64	38.46	11.22%	21.59%
HEIHEICO CorporationProduct Competitor	24.95B	296.38	60.49	16.26%	15.38%	12.93%	0.50
HAYWHayward Holdings, Inc.Product Competitor	3.24B	14.92	21.94	6.71%	13.98%	10.32%	0.01
ATROAstronics CorporationProduct Competitor	3.01B	78.19	96.53	8.39%	3.41%	20.96%	2.70
VSECVSE CorporationProduct Competitor	4.39B	207.45	82.32	2.98%	5.32%	4.14%	0.24

Compare WWD vs Peers

Woodward, Inc. (WWD) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs CW

Most directly comparable listed peer for WWD.

Scale Benchmark

vs CAT

Larger-name benchmark to compare WWD against a more recognizable public peer.

Peer Set

Compare Top 5

vs CW, DRS, KTOS, TDG

WWD Income Statement

Woodward, Inc. (WWD) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily

Line item	Sep'17	Sep'18	Sep'19	Sep'20	Sep'21	Sep'22	Sep'23	Sep'24	Sep'25	TTM
Sales/Revenue	2.1B	2.33B	2.9B	2.5B	2.25B	2.38B	2.91B	3.32B	3.57B	4B
Revenue Growth %	3.74%	10.83%	24.69%	-13.95%	-10.01%	6.1%	22.32%	14.06%	7.3%	19.03%
Cost of Goods Sold	1.53B	1.72B	2.19B	1.86B	1.69B	1.86B	2.24B	2.45B	2.61B	2.86B
COGS % of Revenue	72.72%	73.94%	75.6%	74.35%	75.46%	77.95%	76.75%	73.63%	73.19%	-
Gross Profit	572.56M▲ 0%	606.2M▲ 5.9%	707.54M▲ 16.7%	640.24M▼ 9.5%	551.06M▼ 13.9%	525.3M▼ 4.7%	677.58M▲ 29.0%	876.48M▲ 29.4%	956.29M▲ 9.1%	1.13B▲ 0%
Gross Margin %	27.28%	26.06%	24.4%	25.65%	24.54%	22.05%	23.25%	26.37%	26.81%	28.38%
Gross Profit Growth %	4.57%	5.88%	16.72%	-9.51%	-13.93%	-4.67%	28.99%	29.35%	9.11%	-
Operating Expenses	301.71M	337.91M	366.79M	346.68M	296.75M	311.21M	391.24M	436.41M	445.1M	536.86M
OpEx % of Revenue	14.38%	14.53%	12.65%	13.89%	13.21%	13.06%	13.42%	13.13%	12.48%	-
Selling, General & Admin	175.19M	189.63M	207.68M	213.55M	179.66M	191.43M	259.14M	295.74M	297.53M	372.85M
SG&A % of Revenue	8.35%	8.15%	7.16%	8.56%	8%	8.03%	8.89%	8.9%	8.34%	-
Research & Development	126.52M	148.28M	159.11M	133.13M	117.09M	119.78M	132.09M	140.68M	147.57M	164.01M
R&D % of Revenue	6.03%	6.38%	5.49%	5.33%	5.21%	5.03%	4.53%	4.23%	4.14%	-
Other Operating Expenses	0	0	0	0	0	0	0	0	0	0
Operating Income	269.41M▲ 0%	281.49M▲ 4.5%	340.75M▲ 21.1%	293.56M▼ 13.8%	254.31M▼ 13.4%	214.09M▼ 15.8%	286.34M▲ 33.7%	440.07M▲ 53.7%	511.2M▲ 16.2%	597.77M▲ 0%
Operating Margin %	12.84%	12.1%	11.75%	11.76%	11.32%	8.98%	9.82%	13.24%	14.33%	14.95%
Operating Income Growth %	6.09%	4.48%	21.05%	-13.85%	-13.37%	-15.82%	33.75%	53.69%	16.16%	-
EBITDA	350.32M	397.62M	482.76M	424.72M	383.83M	334.72M	406.09M	556.24M	624.47M	714.55M
EBITDA Margin %	16.69%	17.1%	16.65%	17.02%	17.09%	14.05%	13.93%	16.73%	17.51%	17.87%
EBITDA Growth %	8.47%	13.5%	21.41%	-12.02%	-9.63%	-12.8%	21.32%	36.98%	12.27%	30%
D&A (Non-Cash Add-back)	80.92M	116.13M	142M	131.16M	129.52M	120.63M	119.74M	116.17M	113.28M	116.78M
EBIT	269.41M	281.49M	340.75M	293.56M	254.31M	214.09M	286.34M	440.07M	567.1M	637.05M
Net Interest Income	-33.91M	-38.79M	-42.59M	-34.05M	-32.79M	-32.73M	-45.15M	-41.5M	-41.5M	-40.63M
Interest Income	1.73M	1.67M	1.41M	1.76M	1.5M	1.81M	2.75M	6.46M	4.19M	3.21M
Interest Expense	35.64M	40.47M	44M	35.81M	34.28M	34.55M	47.9M	47.96M	45.69M	43.84M
Other Income/Expense	-16.66M	-61.91M	-20.14M	-11.68M	-8.51M	-14.19M	-10.57M	13.9M	10.21M	25.4M
Pretax Income	252.75M▲ 0%	219.58M▼ 13.1%	320.61M▲ 46.0%	281.88M▼ 12.1%	245.8M▼ 12.8%	199.9M▼ 18.7%	275.77M▲ 38.0%	453.97M▲ 64.6%	521.41M▲ 14.9%	623.17M▲ 0%
Pretax Margin %	12.04%	9.44%	11.05%	11.29%	10.94%	8.39%	9.46%	13.66%	14.62%	15.59%
Income Tax	52.24M	39.2M	61.01M	41.49M	37.15M	28.2M	43.4M	81M	79.3M	109.37M
Effective Tax Rate %	20.67%	17.85%	19.03%	14.72%	15.11%	14.11%	15.74%	17.84%	15.21%	17.55%
Net Income	200.51M▲ 0%	180.38M▼ 10.0%	259.6M▲ 43.9%	240.4M▼ 7.4%	208.65M▼ 13.2%	171.7M▼ 17.7%	232.37M▲ 35.3%	372.97M▲ 60.5%	442.11M▲ 18.5%	513.8M▲ 0%
Net Margin %	9.55%	7.76%	8.95%	9.63%	9.29%	7.21%	7.97%	11.22%	12.39%	12.85%
Net Income Growth %	10.88%	-10.04%	43.92%	-7.4%	-13.21%	-17.71%	35.34%	60.51%	18.54%	34.71%
Net Income (Continuing)	200.51M	180.38M	259.6M	240.4M	208.65M	171.7M	232.37M	372.97M	442.11M	513.8M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)	3.16▲ 0%	2.82▼ 10.8%	4.03▲ 42.9%	3.74▼ 7.2%	3.18▼ 15.0%	2.71▼ 14.8%	3.78▲ 39.5%	6.01▲ 59.0%	7.19▲ 19.6%	8.36▲ 0%
EPS Growth %	10.88%	-10.76%	42.91%	-7.2%	-14.97%	-14.78%	39.48%	58.99%	19.63%	34.89%
EPS (Basic)	3.27	2.93	4.19	3.86	3.30	2.79	3.88	6.21	7.42	-
Diluted Shares Outstanding	63.51M	63.88M	64.5M	64.21M	65.56M	63.25M	61.48M	62.08M	61.46M	61.46M
Basic Shares Outstanding	61.37M	61.49M	61.95M	62.27M	63.29M	61.52M	59.91M	60.08M	59.56M	59.73M
Dividend Payout Ratio	14.83%	18.85%	15.05%	15.67%	17.27%	26.2%	21.96%	15.63%	14.7%	-

WWD Balance Sheet

Woodward, Inc. (WWD) balance sheet — assets, liabilities & shareholders' equity

Line item	Sep'17	Sep'18	Sep'19	Sep'20	Sep'21	Sep'22	Sep'23	Sep'24	Sep'25	TTM
Total Current Assets	1.02B	1.11B	1.27B	1.21B	1.46B	1.31B	1.47B	1.74B	1.88B	2.27B
Cash & Short-Term Investments	87.55M	83.59M	99.07M	153.27M	448.46M	107.84M	137.45M	282.27M	327.43M	501.17M
Cash Only	87.55M	83.59M	99.07M	153.27M	446.56M	107.84M	137.45M	282.27M	327.43M	501.17M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	421.56M	431.82M	599.63M	566.87M	535.12M	615.14M	763.98M	792.08M	831.12M	1B
Days Sales Outstanding	73.32	67.77	75.47	82.91	86.97	94.23	95.68	86.97	85.04	80.78
Inventory	473.5M	549.6M	516.84M	437.94M	419.97M	514.29M	517.84M	609.09M	654.61M	704.47M
Days Inventory Outstanding	113.25	116.65	86.04	86.15	90.45	101.06	84.49	90.82	91.52	86.22
Other Current Assets	38.57M	49.79M	55.69M	52.79M	61.17M	74.69M	50.18M	60.17M	71.26M	65.31M
Total Non-Current Assets	1.74B	2.68B	2.69B	2.69B	2.63B	2.49B	2.54B	2.63B	2.75B	2.7B
Property, Plant & Equipment	922.04M	1.06B	1.06B	997.41M	950.57M	910.47M	937.77M	940.72M	986.62M	1.03B
Fixed Asset Turnover	2.28x	2.19x	2.74x	2.50x	2.36x	2.62x	3.11x	3.53x	3.62x	4.03x
Goodwill	556.54M	813.25M	797.85M	808.25M	805.33M	772.56M	791.47M	806.64M	832.29M	1.23B
Intangible Assets	171.88M	700.88M	611.99M	606.71M	559.29M	460.58M	452.36M	440.42M	428.08M	408.8M
Long-Term Investments	22.87M	29.34M	28.05M	51.26M	96.31M	37.63M	48.27M	61.24M	73.63M	142.14M
Other Non-Current Assets	42.63M	55.8M	170.47M	214.18M	200.71M	289.79M	252.32M	291.9M	306.4M	1.37B
Total Assets	2.76B▲ 0%	3.79B▲ 37.5%	3.96B▲ 4.4%	3.9B▼ 1.3%	4.09B▲ 4.8%	3.81B▼ 7.0%	4.01B▲ 5.4%	4.37B▲ 8.9%	4.63B▲ 6.0%	4.97B▲ 0%
Asset Turnover	0.76x	0.61x	0.73x	0.64x	0.55x	0.63x	0.73x	0.76x	0.77x	0.84x
Asset Growth %	4.34%	37.49%	4.38%	-1.34%	4.81%	-6.96%	5.35%	8.95%	5.98%	36.2%
Total Current Liabilities	427.23M	591.18M	707.44M	392.33M	366.26M	539.11M	617.2M	923.51M	907.39M	1.31B
Accounts Payable	232.79M	226.28M	240.46M	134.24M	170.91M	230.52M	234.33M	287.46M	289.42M	305.86M
Days Payables Outstanding	55.68	48.03	40.03	26.41	36.81	45.3	38.23	42.86	40.46	36.63
Short-Term Debt	32.6M	153.63M	220M	100M	728K	67.66M	80.41M	302.72M	245.23M	669.9M
Deferred Revenue (Current)	11.08M	9.66M	27.89M	24.62M	29.53M	30.66M	33.75M	56.79M	49.23M	146.67M
Other Current Liabilities	50.3M	92.64M	80.79M	4.68M	2.83M	2.78M	132K	2.89M	2.99M	281.46M
Current Ratio	2.39x	1.89x	1.80x	3.09x	4.00x	2.43x	2.38x	1.89x	2.08x	2.08x
Quick Ratio	1.28x	0.96x	1.07x	1.97x	2.85x	1.48x	1.54x	1.23x	1.36x	1.36x
Cash Conversion Cycle	130.89	136.39	121.47	142.65	140.61	149.99	141.94	134.93	136.1	130.38
Total Non-Current Liabilities	958.49M	1.66B	1.52B	1.52B	1.51B	1.37B	1.32B	1.27B	1.16B	1.13B
Long-Term Debt	580.29M	1.09B	864.9M	736.85M	734.12M	705.36M	642.98M	569.75M	456.97M	453.37M
Capital Lease Obligations	0	0	134K	15.74M	15.24M	25.85M	20.68M	22.67M	20.2M	61.62M
Deferred Tax Liabilities	33.41M	170.91M	151.36M	163.57M	157.94M	127.19M	132.82M	121.86M	107.67M	448.4M
Other Non-Current Liabilities	107.9M	162.75M	168.79M	236.69M	216.81M	111.47M	110.88M	130.1M	140.07M	1.01B
Total Liabilities	1.39B	2.25B	2.23B	1.91B	1.88B	1.91B	1.94B	2.19B	2.06B	2.44B
Total Debt	612.89M	1.25B	1.08B	853.05M	749.62M	798.86M	748.67M	895.14M	722.4M	1.12B
Net Debt	525.33M	1.16B	985.83M	703.28M	303.06M	691.01M	611.22M	612.87M	394.97M	622.11M
Debt / Equity	0.45x	0.81x	0.63x	0.43x	0.34x	0.42x	0.36x	0.41x	0.28x	0.28x
Debt / EBITDA	1.75x	3.13x	2.25x	2.01x	1.95x	2.39x	1.84x	1.61x	1.16x	1.57x
Net Debt / EBITDA	1.50x	2.92x	2.04x	1.66x	0.79x	2.06x	1.51x	1.10x	0.63x	0.63x
Interest Coverage	7.56x	6.96x	7.74x	8.20x	7.42x	6.20x	5.98x	9.18x	12.41x	14.53x
Total Equity	1.37B▲ 0%	1.54B▲ 12.2%	1.73B▲ 12.3%	1.99B▲ 15.4%	2.21B▲ 11.1%	1.9B▼ 14.2%	2.07B▲ 8.9%	2.18B▲ 5.1%	2.57B▲ 17.9%	2.53B▲ 0%
Equity Growth %	13.09%	12.16%	12.26%	15.4%	11.15%	-14.16%	8.94%	5.09%	17.92%	57.45%
Book Value per Share	21.59	24.08	26.77	31.03	33.79	30.06	33.68	35.06	41.75	41.09
Total Shareholders' Equity	1.37B	1.54B	1.73B	1.99B	2.21B	1.9B	2.07B	2.18B	2.57B	2.53B
Common Stock	106K	106K	106K	106K	106K	106K	106K	106K	106K	106K
Retained Earnings	1.82B	1.97B	2.22B	2.43B	2.6B	2.73B	2.91B	3.22B	3.6B	3.83B
Treasury Stock	-566.78M	-547.84M	-611.48M	-586.7M	-589.9M	-1.03B	-1.1B	-1.41B	-1.51B	0
Accumulated OCI	-53.19M	-74.94M	-103.31M	-89.79M	-65.62M	-92.56M	-67.89M	-32.7M	-10.41M	-19.75M
Minority Interest	0	0	0	0	0	0	0	0	0	0

WWD Cash Flow Statement

Woodward, Inc. (WWD) cash flow — operating, investing & free cash flow history

Line item	Sep'17	Sep'18	Sep'19	Sep'20	Sep'21	Sep'22	Sep'23	Sep'24	Sep'25	TTM
Cash from Operations	307.54M	299.29M	388.37M	349.49M	464.67M	193.64M	306.31M	439.09M	471.29M	471.29M
Operating CF Margin %	14.65%	12.87%	13.39%	14%	20.69%	8.13%	10.51%	13.21%	13.21%	-
Operating CF Growth %	-29.36%	-2.68%	29.76%	-10.01%	32.96%	-58.33%	58.19%	43.35%	7.33%	294.84%
Net Income	200.51M	180.38M	259.6M	240.4M	208.65M	171.7M	232.37M	372.97M	442.11M	513.8M
Depreciation & Amortization	80.92M	116.13M	142M	131.16M	129.52M	120.63M	119.74M	116.17M	113.28M	57.84M
Stock-Based Compensation	0	18.23M	0	22.9M	21.48M	20.11M	0	33.05M	31.67M	12.3M
Deferred Taxes	22.77M	-30.18M	-10.06M	1.31M	-11.96M	-23.23M	-40.16M	-44.61M	-52.36M	-50.85M
Other Non-Cash Items	13.61M	-1.44M	17.83M	-16.18M	-4.45M	-1.77M	22.64M	-457K	-18.73M	206.58M
Working Capital Changes	-10.27M	16.17M	-21M	-30.1M	121.44M	-93.8M	-28.29M	-38.04M	-44.68M	92.28M
Change in Receivables	-53.15M	-6.49M	-30.51M	30.07M	24.75M	-98.83M	-137M	-15.37M	-49.95M	17.27M
Change in Inventory	-10.86M	-7.66M	-49.19M	61.02M	18.87M	-110.2M	3.23M	-84.94M	-49.62M	-42K
Change in Payables	64.66M	-2.28M	48M	-153.32M	61.79M	122.96M	67.45M	63.66M	56.82M	70.88M
Cash from Investing	-91.87M	-896.57M	-102.53M	-6.88M	-35.3M	-65.45M	-73.55M	-89.22M	-119.55M	-214.88M
Capital Expenditures	-92.34M	-127.14M	-99.07M	-47.09M	-37.69M	-52.87M	-76.5M	-96.28M	-130.93M	-175.66M
CapEx % of Revenue	4.4%	5.47%	3.42%	1.89%	1.68%	2.22%	2.62%	2.9%	3.67%	-
Acquisitions	3.74M	-769.19M	1.01M	40.62M	154K	-15.51M	1.37M	4.09M	8.43M	-39.3M
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	0	0	0	0	0	0	0	0	0	65K
Cash from Financing	-211.81M	606M	-263.36M	-290.24M	-136.32M	-442.38M	-194.24M	-218.05M	-313.93M	-221.89M
Debt Issued (Net)	-124.51M	636.41M	-150.03M	-264.2M	-101.64M	66M	-67.58M	141.18M	-180.67M	200.89M
Equity Issued (Net)	-57.56M	9.13M	-74.27M	11.62M	1.36M	-463.4M	-75.63M	-300.94M	-68.28M	-353.41M
Dividends Paid	-29.75M	-34M	-39.07M	-37.66M	-36.04M	-44.98M	-51.03M	-58.29M	-64.97M	-69.38M
Share Repurchases	-71.75M	0	-110.31M	-13.35M	-33.34M	-485.3M	-126.38M	-390.82M	-172.86M	-448.66M
Other Financing	0	-5.54M	0	0	0	0	0	0	0	0
Net Change in Cash	6.46M▲ 0%	-3.96M▼ 161.3%	15.48M▲ 491.1%	54.2M▲ 250.1%	295.19M▲ 444.7%	-340.62M▼ 215.4%	29.6M▲ 108.7%	144.82M▲ 389.2%	45.16M▼ 68.8%	137.03M▲ 0%
Free Cash Flow	215.2M▲ 0%	172.15M▼ 20.0%	289.3M▲ 68.1%	302.4M▲ 4.5%	426.98M▲ 41.2%	140.77M▼ 67.0%	229.81M▲ 63.2%	342.81M▲ 49.2%	340.37M▼ 0.7%	388.56M▲ 0%
FCF Margin %	10.25%	7.4%	9.98%	12.12%	19.01%	5.91%	7.88%	10.31%	9.54%	9.72%
FCF Growth %	-17.13%	-20%	68.05%	4.53%	41.2%	-67.03%	63.25%	49.17%	-0.71%	23.22%
FCF per Share	3.39	2.70	4.49	4.71	6.51	2.23	3.74	5.52	5.54	5.54
FCF Conversion (FCF/Net Income)	1.53x	1.66x	1.50x	1.45x	2.23x	1.13x	1.32x	1.18x	1.07x	0.76x
Interest Paid	0	0	0	0	0	0	0	0	0	15.39M
Taxes Paid	0	0	0	0	0	0	0	0	0	-31.55M

WWD Key Ratios

Woodward, Inc. (WWD) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric	2017	2018	2019	2020	2021	2022	2023	2024	2025	TTM
Return on Equity (ROE)	15.52%	12.4%	15.9%	12.93%	9.92%	8.34%	11.7%	17.56%	18.64%	20.25%
Return on Invested Capital (ROIC)	10.76%	9.18%	9.44%	8.15%	7.32%	6.28%	8.14%	12.06%	13.33%	13.33%
Gross Margin	27.28%	26.06%	24.4%	25.65%	24.54%	22.05%	23.25%	26.37%	26.81%	28.38%
Net Margin	9.55%	7.76%	8.95%	9.63%	9.29%	7.21%	7.97%	11.22%	12.39%	12.85%
Debt / Equity	0.45x	0.81x	0.63x	0.43x	0.34x	0.42x	0.36x	0.41x	0.28x	0.28x
Interest Coverage	7.56x	6.96x	7.74x	8.20x	7.42x	6.20x	5.98x	9.18x	12.41x	14.53x
FCF Conversion	1.53x	1.66x	1.50x	1.45x	2.23x	1.13x	1.32x	1.18x	1.07x	0.76x
Revenue Growth	3.74%	10.83%	24.69%	-13.95%	-10.01%	6.1%	22.32%	14.06%	7.3%	19.03%

WWD SEC Filings & Documents

Woodward, Inc. (WWD) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

Apr 29, 2026·SEC

Material company update

Apr 27, 2026·SEC

Material company update

Apr 24, 2026·SEC

10-K Annual Reports

FY 2025

Nov 25, 2025·SEC

FY 2024

Nov 26, 2024·SEC

FY 2023

Nov 17, 2023·SEC

10-Q Quarterly Reports

FY 2026

Apr 30, 2026·SEC

FY 2026

Feb 4, 2026·SEC

FY 2025

Aug 1, 2025·SEC

WWD Frequently Asked Questions

Woodward, Inc. (WWD) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Woodward, Inc. (WWD) reported $4.00B in revenue for fiscal year 2025. This represents a 858% increase from $417.3M in 1996.

Woodward, Inc. (WWD) grew revenue by 7.3% over the past year. This is steady growth.

Yes, Woodward, Inc. (WWD) is profitable, generating $513.8M in net income for fiscal year 2025 (12.4% net margin).

Dividend & Returns

Yes, Woodward, Inc. (WWD) pays a dividend with a yield of 0.28%. This makes it attractive for income-focused investors.

Woodward, Inc. (WWD) has a return on equity (ROE) of 18.6%. This is reasonable for most industries.

Woodward, Inc. (WWD) generated $388.6M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

Explore More WWD

Woodward, Inc. (WWD) financial analysis — history, returns, DCA and operating performance tools

Full WWD Stock Analysis

Analyst verdict, bull/bear case, risk factors and peer comparison

→

Total Return Calculator

Historical returns with dividends reinvested

→

DCA Calculator

Dollar cost averaging vs lump sum

→

Dividend History

Yield, growth, payout safety & DRIP

→

Earnings History

EPS trends, net income & profitability

→

Price History

Long-term charts & historical price data

→

Revenue History

Sales growth patterns & revenue breakdown

→

Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

→

Woodward, Inc.(WWD)Earnings, Financials & Key Ratios

WWD Key Insights

✓Strengths

✗Weaknesses

WWD Price & Volume

WWD Growth Metrics

Revenue CAGR

Profit CAGR

EPS CAGR

Return on Capital

WWD Recent Earnings

WWD Peer Comparison

Compare WWD vs Peers

vs CW

vs CAT

Compare Top 5

WWD Income Statement

WWD Balance Sheet

WWD Cash Flow Statement

WWD Key Ratios

WWD SEC Filings & Documents

8-K Announcements

10-K Annual Reports

10-Q Quarterly Reports

WWD Frequently Asked Questions

Explore More WWD

Full WWD Stock Analysis

Total Return Calculator

DCA Calculator

Dividend History

Earnings History

Price History

Revenue History

Financial Ratios

Valuation