WWD · Woodward, Inc.
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | FY2026 (G) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| — | $4B | $3.57B | $3.32B | $2.91B | $2.38B | $2.25B | $2.5B | $2.9B | $2.33B | $2.1B | $2.02B | $2.04B | $2B | $1.94B | $1.87B | $1.71B | $1.46B | $1.43B | $1.26B | |
| — | $4.05M | $3.95M | $5.49M | $5.03M | $5.53M | $6.31M | $6.82M | — | — | — | — | — | — | — | — | — | — | — | — | |
| — | $2.86B | $2.61B | $2.45B | $2.24B | $1.86B | $1.69B | $1.86B | $2.19B | $1.72B | $1.53B | $1.48B | $1.46B | $1.43B | $1.38B | $1.3B | $1.2B | $1.02B | $1.03B | $883M | |
| — | $1.13B | $956.29M | $876.48M | $677.58M | $525.31M | $551.06M | $640.24M | $707.54M | $603.07M | $571.12M | $539.12M | $575.47M | $575.4M | $559.71M | $562.28M | $513.55M | $435.51M | $401.03M | $375.21M | |
| — | — | 26.81% | 26.37% | 23.25% | 22.05% | 24.54% | 25.65% | 24.4% | 25.93% | 27.21% | 26.65% | 28.23% | 28.75% | 28.91% | 30.14% | 30% | 29.89% | 28.04% | 29.82% | |
| — | $164.01M | $147.57M | $140.68M | $132.1M | $119.78M | $117.09M | $133.13M | $159.11M | $148.28M | $126.52M | $126.17M | $134.49M | $138.01M | $130.25M | $143.27M | $115.63M | $82.56M | $78.54M | $73.41M | |
| — | $373.56M | $329.82M | $307.5M | $269.69M | $203.01M | $186.87M | $217.71M | $211.21M | $193.74M | $177.32M | $174.02M | $177.12M | $155.34M | $168.1M | $164.51M | $148.9M | $135.88M | $128.68M | $115.4M | |
| — | $29.3M | $28.22M | $33.59M | $37.59M | $37.61M | $41.89M | $39.46M | $56.02M | $44.74M | $25.78M | $27.49M | $29.24M | $33.58M | $36.98M | $32.81M | $34.99M | $35.11M | $26.12M | $6.83M | |
| — | — | $113.28M | $116.17M | $119.74M | $120.63M | $129.52M | $131.16M | $142M | $116.13M | $80.92M | $69.04M | $75.24M | $77.35M | $74.23M | $68.62M | $75.39M | $75.62M | $63.95M | $35.45M | |
| — | — | — | $0 | $5.17M | -$3.42M | $5.01M | $22.22M | — | $17.01M | $0 | $8.17M | $39K | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | $0 | $0 | $3.14M | $0 | $0 | — | — | — | — | |
| — | $43.84M | $45.69M | $47.96M | $47.9M | $34.55M | $34.28M | $35.81M | $44M | $40.47M | $35.64M | $26.78M | $24.86M | $22.8M | $26.7M | $26M | $25.4M | $29.39M | $33.63M | $3.83M | |
| — | $3.21M | $4.19M | $6.46M | $2.75M | $1.81M | $1.5M | $1.76M | $1.41M | $1.67M | $1.73M | $2.03M | $787K | $271K | $273K | $542K | $534K | $509K | $1.13M | $2.12M | |
| — | $73.55M | $84.01M | $67.17M | $50.29M | $26.69M | $36.49M | $56.17M | $25.97M | $14.33M | $19.39M | $12.31M | $1.16M | $1.3M | $1.62M | $1.58M | -$1.59M | $1.79M | $2.44M | — | |
| — | $55.24M | $45.85M | $41.19M | $36.85M | $18.19M | $11.37M | $15.58M | $12.93M | $3.34M | $2.57M | $6.2M | $0 | $0 | — | — | — | — | — | — | |
| — | — | — | $6.57M | $3.27M | -$6.3M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| — | $623.17M | $521.41M | $453.97M | $275.77M | $199.9M | $245.8M | $281.88M | $320.61M | $219.58M | $252.75M | $226.49M | $240.95M | $227.24M | $199.57M | $197.81M | $187.57M | $154.88M | $122.48M | $182.59M | |
| — | $109.37M | $79.3M | $81M | $43.4M | $28.2M | $37.15M | $41.49M | $61.01M | $39.2M | $52.24M | $45.65M | $59.5M | $61.4M | $53.63M | $56.22M | $55.33M | $43.71M | $28.06M | $60.03M | |
| — | $513.8M | $442.11M | $372.97M | $232.37M | $171.7M | $208.65M | $240.4M | $259.6M | $180.38M | $200.51M | $180.84M | $181.45M | $165.84M | $145.94M | $141.59M | $132.24M | $110.84M | $94.35M | $121.88M | |
| — | — | 12.39% | 11.22% | 7.97% | 7.21% | 9.29% | 9.63% | 8.95% | 7.76% | 9.55% | 8.94% | 8.9% | 8.29% | 7.54% | 7.59% | 7.73% | 7.61% | 6.6% | 9.69% | |
| — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | $0 | $318K | $64K | $675K | |
| — | $544.54M | $464.39M | $410.94M | $254.26M | $144.75M | $232.82M | $253.91M | $231.28M | $158.62M | $213.03M | $166.59M | $133.53M | $147.2M | $172.78M | — | — | $107.06M | $84M | $119.47M | |
| USD/shares | — | — | $7.42 | $6.21 | $3.88 | $2.79 | $3.30 | $3.86 | $4.19 | $2.93 | $3.27 | $2.92 | $2.81 | $2.50 | $2.13 | $2.06 | $1.92 | $1.62 | $1.39 | $1.80 |
| USD/shares | $9.15 – $9.45* | — | $7.19 | $6.01 | $3.78 | $2.71 | $3.18 | $3.74 | $4.02 | $2.82 | $3.16 | $2.85 | $2.75 | $2.45 | $2.10 | $2.01 | $1.89 | $1.59 | $1.37 | $1.75 |
| shares | — | — | 59.56M | 60.08M | 59.91M | 61.52M | 63.29M | 62.27M | 61.95M | 61.49M | 61.37M | 61.89M | 64.68M | 66.43M | 68.39M | 68.88M | 68.8M | 68.47M | 67.89M | 67.56M |
| shares | — | — | 61.46M | 62.08M | 61.48M | 63.25M | 65.56M | 64.21M | 64.5M | 63.88M | 63.51M | 63.56M | 66.06M | 67.78M | 69.6M | 70.31M | 70.14M | 69.86M | 69.1M | 69.56M |
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2008–FY2025: $1.97B in buybacks.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 37 similar-size Aerospace & Defense companies (of 78 listed).
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Aerospace | $2,312,806,000 | $2,028,618,000 | $1,768,103,000 | $1,519,322,000 | $1,404,117,000 | $1,590,963,000 | $1,880,520,000 | $1,557,988,000 |
| Industrial | $1,254,258,000 | $1,295,631,000 | $1,146,463,000 | $863,468,000 | $841,715,000 | $904,702,000 | $1,019,677,000 | $767,885,000 |
By Geography (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| United States | $1,914,281,000 | $1,698,256,000 | $1,538,075,000 | $1,311,600,000 | $1,278,123,000 | $1,426,454,000 | $1,628,064,000 | $1,350,708,000 |
| Europe Excluding Germany | $565,588,000 | $499,938,000 | $436,979,000 | $363,514,000 | $291,941,000 | $336,971,000 | $431,416,000 | $323,109,000 |
| China | $285,870,000 | $390,044,000 | $243,486,000 | $136,379,000 | $214,269,000 | $209,885,000 | $214,829,000 | — |
| Other Countries | $276,698,000 | $243,947,000 | $222,155,000 | $187,052,000 | $140,303,000 | $148,321,000 | $159,316,000 | — |
| Germany | $275,422,000 | $269,358,000 | $273,842,000 | $232,056,000 | $183,696,000 | $233,965,000 | $302,084,000 | $230,834,000 |
| Asia Excluding China | $249,205,000 | $222,706,000 | $200,029,000 | $152,189,000 | $137,500,000 | $140,069,000 | $164,488,000 | — |
| Asia | — | — | — | — | — | — | — | $283,031,000 |
| All Other Countries | — | — | — | — | — | — | — | $138,191,000 |
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Commercial Services | $823,547,000 | $640,823,000 | $547,625,000 | — | — | — | — |
| Commercial OEM | $690,962,000 | $738,394,000 | $651,275,000 | $499,438,000 | $386,543,000 | $434,306,000 | $659,336,000 |
| Defense OEM | $561,288,000 | $406,810,000 | $368,653,000 | $422,016,000 | $509,815,000 | $526,264,000 | $529,940,000 |
| Transportation | $507,376,000 | $624,762,000 | $527,498,000 | $354,682,000 | $399,002,000 | — | — |
| Power Generation | $488,940,000 | $443,667,000 | $382,536,000 | $317,026,000 | $292,470,000 | — | — |
| Oil And Gas | $257,942,000 | $227,202,000 | $236,429,000 | $191,760,000 | $150,243,000 | — | — |
| Defense Services | $237,009,000 | $242,591,000 | $200,550,000 | — | — | — | — |
| Commercial Aftermarket | — | — | — | $420,881,000 | $306,547,000 | $399,843,000 | $497,795,000 |
| Defense Aftermarket | — | — | — | $176,987,000 | $201,212,000 | $230,550,000 | $193,449,000 |
| Industrial Turbines | — | — | — | — | — | $222,366,000 | $210,064,000 |
| Reciprocating Engines | — | — | — | — | — | $632,555,000 | $751,136,000 |
| Renewables | — | — | — | — | — | $49,781,000 | $58,477,000 |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Aerospace | $506,613,000 | $385,360,000 | $290,104,000 |
| Industrial | $182,524,000 | $229,857,000 | $161,622,000 |
Operating Margin by Segment (%)
| Component | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Aerospace | 21.9% | 19% | 16.4% |
| Industrial | 14.6% | 17.7% | 14.1% |