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Woodward (WWD) Financials

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$218.47 +7.86 (+3.73%)
Closing price 05/27/2025 04:00 PM Eastern
Extended Trading
$218.87 +0.40 (+0.18%)
As of 04:13 AM Eastern
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Annual Income Statements for Woodward

Annual Income Statements for Woodward

This table shows Woodward's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 9/30/2024 9/30/2023 9/30/2022 9/30/2021 9/30/2020 9/30/2019 9/30/2018 9/30/2017 9/30/2016 9/30/2015
Net Income / (Loss) Attributable to Common Shareholders
373 232 172 209 240 260 180 201 181 181
Consolidated Net Income / (Loss)
373 232 172 209 240 260 180 201 181 181
Net Income / (Loss) Continuing Operations
373 232 172 209 240 260 180 201 181 181
Total Pre-Tax Income
454 276 200 246 282 321 220 253 226 241
Total Operating Income
428 271 206 242 260 337 244 267 239 264
Total Gross Profit
876 678 525 551 640 708 603 571 539 575
Total Revenue
3,324 2,915 2,383 2,246 2,496 2,900 2,326 2,099 2,023 2,038
Operating Revenue
3,324 2,915 2,383 2,246 2,496 2,900 2,326 2,099 2,023 2,038
Total Cost of Revenue
2,448 2,237 1,857 1,695 1,855 2,193 1,723 1,528 1,484 1,463
Operating Cost of Revenue
2,448 2,237 1,857 1,695 1,855 2,193 1,723 1,528 1,484 1,463
Total Operating Expenses
448 407 319 309 380 370 359 304 300 312
Selling, General & Admin Expense
307 270 203 187 218 211 194 177 174 177
Research & Development Expense
141 132 120 117 133 159 148 127 126 134
Other Operating Expenses / (Income)
0.00 0.00 0.00 0.00 -30 - 0.00 - - -
Impairment Charge
0.00 0.00 0.00 0.00 38 0.00 0.00 - - -
Restructuring Charge
0.00 5.17 -3.42 5.01 22 0.00 17 - - -
Total Other Income / (Expense), net
26 5.14 -6.04 3.71 22 -17 -24 -15 -12 -23
Interest Expense
48 48 35 34 36 44 40 36 27 25
Interest & Investment Income
6.46 2.75 1.81 1.50 1.76 1.41 1.67 1.73 2.03 0.79
Other Income / (Expense), net
67 50 27 36 56 26 14 19 12 1.16
Income Tax Expense
81 43 28 37 41 61 39 52 46 59
Basic Earnings per Share
$6.21 $3.88 $2.79 $3.30 $3.86 $4.19 $2.93 $3.27 $2.92 $2.81
Weighted Average Basic Shares Outstanding
60.08M 59.91M 61.52M 63.29M 62.27M 61.95M 61.49M 61.37M 61.89M 64.68M
Diluted Earnings per Share
$6.01 $3.78 $2.71 $3.18 $3.74 $4.02 $2.82 $3.16 $2.85 $2.75
Weighted Average Diluted Shares Outstanding
62.08M 61.48M 63.25M 65.56M 64.21M 64.50M 63.88M 63.51M 63.56M 66.06M
Weighted Average Basic & Diluted Shares Outstanding
59.13M 60.03M 59.76M 63.07M 62.79M 61.97M 61.60M 61.30M 61.90M 64.60M
Cash Dividends to Common per Share
$0.97 $0.85 $0.73 $0.57 $0.61 $0.63 $0.55 $0.49 $0.43 $0.38

Quarterly Income Statements for Woodward

This table shows Woodward's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q2 2025 Q1 2025 Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 6/30/2024 3/31/2024 12/31/2023 6/30/2023 3/31/2023 9/30/2022 6/30/2022
Net Income / (Loss) Attributable to Common Shareholders
109 87 102 98 90 85 36 55 39
Consolidated Net Income / (Loss)
109 87 102 98 90 85 36 55 39
Net Income / (Loss) Continuing Operations
109 87 102 98 90 85 36 55 39
Total Pre-Tax Income
133 102 122 121 110 106 40 64 50
Total Operating Income
119 90 117 116 99 104 41 60 55
Total Gross Profit
240 190 230 234 204 204 159 132 134
Total Revenue
884 773 848 835 787 801 718 563 614
Operating Revenue
884 773 848 835 787 801 718 563 614
Total Cost of Revenue
644 583 618 601 582 596 559 431 480
Operating Cost of Revenue
644 583 618 601 582 596 559 431 480
Total Operating Expenses
121 100 113 118 105 100 119 72 79
Selling, General & Admin Expense
84 70 74 81 75 65 76 49 46
Research & Development Expense
37 30 39 36 31 35 38 27 32
Restructuring Charge
0.00 0.00 0.00 0.00 0.00 0.00 5.17 - 0.00
Total Other Income / (Expense), net
14 12 4.65 4.15 11 1.34 -0.30 4.08 -4.93
Interest Expense
12 12 12 12 11 12 13 6.67 8.53
Interest & Investment Income
1.02 1.38 1.73 1.29 1.47 0.52 0.51 0.60 0.35
Other Income / (Expense), net
25 23 14 14 21 13 12 10 3.25
Income Tax Expense
24 15 20 23 20 21 4.73 9.03 11
Basic Earnings per Share
$1.83 $1.47 $1.69 $1.61 $1.50 $1.41 $0.59 $0.87 $0.65
Weighted Average Basic Shares Outstanding
59.43M 59.22M 60.43M 60.43M 60.02M 60.06M 59.81M 61.52M 60.51M
Diluted Earnings per Share
$1.78 $1.42 $1.63 $1.56 $1.46 $1.37 $0.58 $0.84 $0.64
Weighted Average Diluted Shares Outstanding
61.34M 61.14M 62.52M 62.37M 61.85M 61.59M 61.23M 63.25M 62.09M
Weighted Average Basic & Diluted Shares Outstanding
59.50M 59.36M 59.66M 60.92M - 60.42M 60.04M 59.76M 60.16M

Annual Cash Flow Statements for Woodward

This table details how cash moves in and out of Woodward's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 9/30/2024 9/30/2023 9/30/2022 9/30/2021 9/30/2020 9/30/2019 9/30/2018 9/30/2017 9/30/2016 9/30/2015
Net Change in Cash & Equivalents
145 30 -341 295 52 15 -3.96 6.46 -1.11 -33
Net Cash From Operating Activities
439 309 194 465 349 391 299 308 435 296
Net Cash From Continuing Operating Activities
439 309 194 465 349 391 299 308 435 296
Net Income / (Loss) Continuing Operations
373 232 172 209 240 260 180 201 181 181
Consolidated Net Income / (Loss)
373 232 172 209 240 260 180 201 181 181
Depreciation Expense
116 120 121 130 131 142 116 81 69 75
Non-Cash Adjustments To Reconcile Net Income
-22 -11 -43 -19 -43 -32 17 14 261 14
Changes in Operating Assets and Liabilities, net
-28 -33 -55 146 21 21 -14 12 -75 26
Net Cash From Investing Activities
-89 -74 -65 -35 -6.88 -103 -897 -92 -174 -284
Net Cash From Continuing Investing Activities
-89 -74 -65 -35 -6.88 -103 -897 -92 -174 -284
Purchase of Property, Plant & Equipment
-96 -77 -53 -38 -47 -99 -127 -92 -176 -287
Acquisitions
0.00 0.88 -22 0.00 0.00 - -771 0.00 - -
Purchase of Investments
-6.77 -6.11 -9.63 -14 -13 -27 -9.32 -8.59 -4.92 0.00
Sale of Property, Plant & Equipment
2.29 0.49 0.04 0.15 30 1.01 1.92 3.74 6.66 2.53
Divestitures
1.80 0.00 6.00 0.00 10 0.00 0.00 - - -
Sale and/or Maturity of Investments
9.74 7.69 13 17 13 22 9.09 5.31 - 0.00
Net Cash From Financing Activities
-218 -196 -442 -136 -290 -266 606 -212 -261 -34
Net Cash From Continuing Financing Activities
-218 -196 -442 -136 -290 -266 606 -212 -261 -34
Repayment of Debt
-2,822 -2,393 -886 -176 -1,512 -1,834 -1,692 -1,631 -999 -859
Repurchase of Common Equity
-391 -126 -485 -33 -13 -110 0.00 -72 -126 -159
Payment of Dividends
-58 -51 -45 -36 -38 -39 -34 -30 -27 -25
Issuance of Debt
2,963 2,324 952 74 1,248 1,684 2,330 1,506 874 1,000
Issuance of Common Equity
90 51 22 35 25 36 9.13 14 16 8.40
Effect of Exchange Rate Changes
13 -8.92 -26 2.14 - -7.00 -13 2.60 -1.55 -11

Quarterly Cash Flow Statements for Woodward

This table details how cash moves in and out of Woodward's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q1 2024 Q4 2023 Q3 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 12/31/2023 9/30/2023 6/30/2023 9/30/2022 6/30/2022
Net Change in Cash & Equivalents
80 1.46 -26 -8.60 6.90 23 -15 8.14 -109
Net Cash From Operating Activities
78 35 142 153 47 153 115 108 36
Net Cash From Continuing Operating Activities
78 35 142 153 47 153 115 108 36
Net Income / (Loss) Continuing Operations
109 87 83 102 90 83 85 54 39
Consolidated Net Income / (Loss)
109 87 83 102 90 83 85 54 39
Depreciation Expense
28 28 29 29 29 30 30 29 30
Non-Cash Adjustments To Reconcile Net Income
-11 -22 5.52 0.02 -24 29 -33 20 -16
Changes in Operating Assets and Liabilities, net
-48 -58 24 22 -48 11 34 4.60 -18
Net Cash From Investing Activities
28 -32 -21 -19 -42 -19 -19 -36 -17
Net Cash From Continuing Investing Activities
28 -32 -21 -19 -42 -19 -19 -36 -17
Purchase of Property, Plant & Equipment
-18 -34 -24 -16 -42 -19 -13 -16 -13
Divestitures
43 1.44 0.90 0.30 0.00 - - - -
Sale and/or Maturity of Investments
2.89 0.04 0.00 0.01 0.04 - -0.04 1.25 -
Net Cash From Financing Activities
-37 19 -159 -140 -8.09 -113 -108 -37 -128
Net Cash From Continuing Financing Activities
-37 19 -159 -140 -8.09 -113 -108 -37 -128
Repayment of Debt
-679 -628 -762 -586 -739 -808 -614 -457 -417
Repurchase of Common Equity
-44 -35 -86 -305 0.00 -100 - -45 -167
Payment of Dividends
-17 -15 -15 -15 -13 -13 -13 -11 -11
Issuance of Debt
682 668 704 720 729 785 507 475 466
Issuance of Common Equity
21 29 -0.27 47 15 24 13 1.61 0.88
Effect of Exchange Rate Changes
12 -20 12 -3.66 9.98 2.93 -4.18 -26 0.14

Annual Balance Sheets for Woodward

This table presents Woodward's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 9/30/2024 9/30/2023 9/30/2022 9/30/2021 9/30/2020 9/30/2019 9/30/2018 9/30/2017 9/30/2016 9/30/2015
Total Assets
4,369 4,010 3,806 4,091 3,903 3,957 3,791 2,757 2,642 2,512
Total Current Assets
1,744 1,469 1,312 1,465 1,211 1,271 1,115 1,021 944 917
Cash & Equivalents
282 137 108 448 153 99 84 88 81 82
Accounts Receivable
770 750 610 523 538 592 432 402 344 322
Inventories, net
609 518 514 420 438 517 550 474 462 448
Current Deferred & Refundable Income Taxes
22 14 5.18 12 29 8.10 6.40 19 20 22
Other Current Assets
60 50 75 61 53 56 43 39 38 44
Other Current Nonoperating Assets
0.00 - - - - - - - - -
Plant, Property, & Equipment, net
941 913 910 951 997 1,059 1,060 922 876 756
Total Noncurrent Assets
1,685 1,628 1,584 1,676 1,695 1,627 1,616 814 822 839
Goodwill
807 791 773 805 808 798 813 557 556 557
Intangible Assets
440 452 461 559 607 612 701 172 198 225
Noncurrent Deferred & Refundable Income Taxes
84 59 23 14 15 18 17 20 20 13
Other Noncurrent Operating Assets
353 325 327 297 265 199 85 66 48 44
Total Liabilities & Shareholders' Equity
4,369 4,010 3,806 4,091 3,903 3,957 3,791 2,757 2,642 2,512
Total Liabilities
2,192 1,939 1,905 1,876 1,911 2,230 2,253 1,386 1,430 1,359
Total Current Liabilities
924 617 539 366 392 707 591 427 481 338
Short-Term Debt
303 76 68 0.73 102 220 154 33 150 2.43
Accounts Payable
287 234 231 171 134 240 226 233 169 173
Accrued Expenses
293 263 206 183 152 228 195 155 157 156
Current Deferred & Payable Income Tax Liabilities
41 44 35 11 4.66 19 17 6.77 4.55 6.56
Other Current Nonoperating Liabilities
0.00 - - - - - - - - -
Total Noncurrent Liabilities
1,269 1,322 1,366 1,510 1,518 1,522 1,661 958 949 1,021
Long-Term Debt
570 646 710 734 737 865 1,092 580 577 848
Noncurrent Deferred & Payable Income Tax Liabilities
122 133 127 158 164 151 171 33 3.78 56
Other Noncurrent Operating Liabilities
577 543 529 618 618 506 398 345 368 116
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00 0.00
Total Equity & Noncontrolling Interests
2,176 2,071 1,901 2,215 1,993 1,727 1,538 1,371 1,213 1,153
Total Preferred & Common Equity
2,176 2,071 1,901 2,215 1,993 1,727 1,538 1,371 1,213 1,153
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
2,176 2,071 1,901 2,215 1,993 1,727 1,538 1,371 1,213 1,153
Common Stock
397 328 294 262 232 207 186 164 142 131
Retained Earnings
3,223 2,909 2,727 2,601 2,428 2,225 1,967 1,820 1,650 1,495
Treasury Stock
-1,413 -1,098 -1,034 -590 -587 -611 -548 -567 -518 -426
Accumulated Other Comprehensive Income / (Loss)
-33 -71 -93 -66 -90 -103 -75 -53 -66 -51
Other Equity Adjustments
2.66 2.78 6.78 7.95 9.22 9.38 8.43 7.14 5.09 4.32

Quarterly Balance Sheets for Woodward

This table presents Woodward's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q2 2025 Q1 2025 Q3 2024 Q2 2024 Q3 2023 Q2 2023 Q3 2022
Period end date 3/31/2025 12/31/2024 6/30/2024 3/31/2024 6/30/2023 3/31/2023 6/30/2022
Total Assets
4,493 4,281 4,320 4,366 4,010 4,012 3,756
Total Current Assets
1,912 1,725 1,788 1,812 1,490 1,471 1,254
Cash & Equivalents
364 284 308 317 114 129 100
Accounts Receivable
832 693 760 832 733 663 588
Inventories, net
635 632 615 580 532 568 504
Current Deferred & Refundable Income Taxes
21 16 52 33 38 33 13
Other Current Assets
61 68 53 50 74 77 49
Other Current Nonoperating Assets
0.00 32 - - - - -
Plant, Property, & Equipment, net
929 925 918 921 911 920 913
Total Noncurrent Assets
1,652 1,631 1,614 1,633 1,609 1,621 1,589
Goodwill
792 782 795 797 799 799 779
Intangible Assets
412 404 432 443 473 484 485
Noncurrent Deferred & Refundable Income Taxes
86 87 56 59 25 25 13
Other Noncurrent Operating Assets
362 357 331 334 312 313 311
Total Liabilities & Shareholders' Equity
4,493 4,281 4,320 4,366 4,010 4,012 3,756
Total Liabilities
2,156 2,073 2,161 2,037 1,924 1,999 1,846
Total Current Liabilities
980 915 913 692 587 667 424
Short-Term Debt
422 419 361 142 99 206 50
Accounts Payable
269 224 255 259 223 220 195
Accrued Expenses
242 229 248 237 221 206 161
Current Deferred & Payable Income Tax Liabilities
46 39 49 54 43 34 19
Other Current Nonoperating Liabilities
0.00 4.32 - - - - -
Total Noncurrent Liabilities
1,176 1,158 1,248 1,345 1,337 1,333 1,422
Long-Term Debt
490 483 563 649 651 652 717
Noncurrent Deferred & Payable Income Tax Liabilities
118 116 131 135 138 139 150
Other Noncurrent Operating Liabilities
568 559 554 561 547 542 554
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
2,338 2,208 2,159 2,329 2,086 2,012 1,910
Total Preferred & Common Equity
2,338 2,208 2,159 2,329 2,086 2,012 1,910
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
2,338 2,208 2,159 2,329 2,086 2,012 1,910
Common Stock
449 414 394 374 327 322 291
Retained Earnings
3,388 3,296 3,155 3,068 2,839 2,768 2,685
Treasury Stock
-1,451 -1,429 -1,328 -1,054 -1,022 -1,036 -991
Accumulated Other Comprehensive Income / (Loss)
-50 -74 -65 -61 -61 -45 -82
Other Equity Adjustments
1.76 1.75 3.03 3.03 2.82 3.32 6.76

Annual Metrics And Ratios for Woodward

This table displays calculated financial ratios and metrics derived from Woodward's official financial filings.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 9/30/2024 9/30/2023 9/30/2022 9/30/2021 9/30/2020 9/30/2019 9/30/2018 9/30/2017 9/30/2016 9/30/2015
Growth Metrics
- - - - - - - - - -
Revenue Growth
14.06% 22.32% 6.10% -10.01% -13.95% 24.69% 10.83% 3.74% -0.75% 1.85%
EBITDA Growth
38.80% 24.74% -13.44% -8.72% -11.50% 34.90% 1.88% 14.76% -5.90% 4.01%
EBIT Growth
54.39% 37.95% -16.50% -11.82% -13.02% 40.57% -9.87% 14.10% -5.20% 6.11%
NOPAT Growth
54.31% 28.92% -13.93% -7.24% -18.87% 36.21% -5.45% 11.14% -3.99% 9.58%
Net Income Growth
60.51% 35.34% -17.71% -13.21% -7.40% 43.92% -10.04% 10.88% -0.34% 9.41%
EPS Growth
58.99% 39.48% -14.78% -14.97% -6.97% 42.55% -10.76% 10.88% 3.64% 12.24%
Operating Cash Flow Growth
42.31% 59.34% -58.33% 32.96% -10.53% 30.51% -2.68% -29.36% 47.09% 2.61%
Free Cash Flow Firm Growth
67.30% 33.81% -71.91% 49.18% -1.85% 143.26% -446.80% -31.49% 680.25% -53.29%
Invested Capital Growth
4.20% 3.28% 2.78% -6.60% -1.28% 0.45% 42.38% 2.05% -3.29% 9.46%
Revenue Q/Q Growth
0.00% 0.00% 3.02% 1.77% -7.60% 0.60% 5.09% 0.76% 1.42% -0.14%
EBITDA Q/Q Growth
0.00% 0.00% -1.33% -2.28% -1.98% 37.14% 39.40% 4.69% 3.53% -1.09%
EBIT Q/Q Growth
0.00% 0.00% -1.02% -2.67% -2.79% -1.41% -3.82% 5.20% 4.72% -1.33%
NOPAT Q/Q Growth
0.00% 0.00% 2.36% -8.42% 1.05% -4.22% 9.75% -1.57% 5.88% 0.58%
Net Income Q/Q Growth
0.00% 0.00% 2.47% -3.40% -3.82% -2.89% 7.31% -0.46% 7.80% -0.88%
EPS Q/Q Growth
0.00% 0.00% 3.83% -3.93% -3.61% -3.13% 6.82% -0.32% 8.37% 0.37%
Operating Cash Flow Q/Q Growth
-2.48% 17.20% -16.81% 2.13% -8.94% 9.59% 4.71% 19.81% -10.60% 7.22%
Free Cash Flow Firm Q/Q Growth
0.00% 0.00% -39.10% -0.06% -18.28% 63.17% 1.78% 33.09% -6.93% 287.57%
Invested Capital Q/Q Growth
0.00% 0.00% -0.22% -3.05% -2.19% -4.22% -0.24% -0.70% 1.82% 0.20%
Profitability Metrics
- - - - - - - - - -
Gross Margin
26.37% 23.25% 22.05% 24.54% 25.65% 24.40% 25.93% 27.21% 26.65% 28.23%
EBITDA Margin
18.40% 15.12% 14.83% 18.17% 17.91% 17.42% 16.10% 17.51% 15.83% 16.70%
Operating Margin
12.88% 9.29% 8.64% 10.78% 10.41% 11.63% 10.49% 12.74% 11.81% 12.95%
EBIT Margin
14.90% 11.01% 9.76% 12.40% 12.66% 12.52% 11.11% 13.66% 12.42% 13.00%
Profit (Net Income) Margin
11.22% 7.97% 7.21% 9.29% 9.63% 8.95% 7.76% 9.55% 8.94% 8.90%
Tax Burden Percent
82.16% 84.26% 85.89% 84.89% 85.28% 80.97% 82.15% 79.33% 79.85% 75.31%
Interest Burden Percent
91.62% 85.93% 85.93% 88.23% 89.22% 88.27% 84.99% 88.17% 90.15% 90.92%
Effective Tax Rate
17.84% 15.74% 14.11% 15.11% 14.72% 19.03% 17.85% 20.67% 20.15% 24.69%
Return on Invested Capital (ROIC)
12.98% 8.73% 6.98% 7.94% 8.22% 10.09% 8.72% 11.29% 10.09% 10.81%
ROIC Less NNEP Spread (ROIC-NNEP)
16.57% 9.42% 5.89% 8.58% 10.48% 8.84% 6.34% 9.32% 8.69% 8.28%
Return on Net Nonoperating Assets (RNNOA)
4.58% 2.97% 1.37% 1.98% 4.71% 5.81% 3.68% 4.23% 5.20% 4.88%
Return on Equity (ROE)
17.56% 11.70% 8.34% 9.92% 12.93% 15.90% 12.40% 15.52% 15.29% 15.68%
Cash Return on Invested Capital (CROIC)
8.87% 5.50% 4.23% 14.76% 9.51% 9.64% -26.25% 9.27% 13.43% 1.77%
Operating Return on Assets (OROA)
11.83% 8.21% 5.89% 6.97% 8.04% 9.38% 7.89% 10.62% 9.75% 10.80%
Return on Assets (ROA)
8.90% 5.95% 4.35% 5.22% 6.12% 6.70% 5.51% 7.43% 7.02% 7.39%
Return on Common Equity (ROCE)
17.56% 11.70% 8.34% 9.92% 12.93% 15.90% 12.40% 15.52% 15.29% 15.68%
Return on Equity Simple (ROE_SIMPLE)
17.14% 11.22% 9.03% 9.42% 12.06% 15.03% 11.73% 14.62% 14.91% 15.74%
Net Operating Profit after Tax (NOPAT)
352 228 177 206 222 273 200 212 191 199
NOPAT Margin
10.59% 7.82% 7.42% 9.15% 8.88% 9.42% 8.62% 10.10% 9.43% 9.75%
Net Nonoperating Expense Percent (NNEP)
-3.59% -0.69% 1.09% -0.65% -2.26% 1.25% 2.38% 1.97% 1.40% 2.53%
Cost of Revenue to Revenue
73.63% 76.75% 77.95% 75.46% 74.35% 75.60% 74.07% 72.79% 73.35% 71.77%
SG&A Expenses to Revenue
9.25% 9.25% 8.52% 8.32% 8.72% 7.28% 8.33% 8.45% 8.60% 8.69%
R&D to Revenue
4.23% 4.53% 5.03% 5.21% 5.33% 5.49% 6.38% 6.03% 6.24% 6.60%
Operating Expenses to Revenue
13.48% 13.96% 13.40% 13.76% 15.25% 12.77% 15.44% 14.48% 14.84% 15.29%
Earnings before Interest and Taxes (EBIT)
495 321 233 279 316 363 258 287 251 265
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
612 441 353 408 447 505 375 368 320 340
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
4.69 3.60 2.50 3.18 2,440.45 3.73 0.00 0.00 0.00 0.00
Price to Tangible Book Value (P/TBV)
10.99 9.01 7.10 8.28 8,417.72 20.34 0.00 0.00 0.00 0.00
Price to Revenue (P/Rev)
3.07 2.56 1.99 3.13 1,948.59 2.22 0.00 0.00 0.00 0.00
Price to Earnings (P/E)
27.39 32.06 27.63 33.72 20,229.35 24.83 0.00 0.00 0.00 0.00
Dividend Yield
0.57% 0.84% 0.93% 0.51% 0.78% 0.60% 0.71% 0.66% 0.73% 0.99%
Earnings Yield
3.65% 3.12% 3.62% 2.97% 0.00% 4.03% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
3.91 3.03 2.11 2.93 1,816.25 2.74 0.00 0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)
3.25 2.76 2.27 3.26 1,948.87 2.56 0.00 0.00 0.00 0.00
Enterprise Value to EBITDA (EV/EBITDA)
17.67 18.23 15.33 17.94 10,878.71 14.71 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
21.81 25.03 23.27 26.29 15,395.02 20.46 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
30.71 35.23 30.61 35.63 21,954.99 27.21 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
24.61 26.03 27.96 15.76 13,916.58 19.02 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
44.97 55.92 50.43 19.16 18,983.45 28.47 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.40 0.35 0.41 0.33 0.42 0.63 0.81 0.45 0.60 0.74
Long-Term Debt to Equity
0.26 0.31 0.37 0.33 0.37 0.50 0.71 0.42 0.48 0.74
Financial Leverage
0.28 0.32 0.23 0.23 0.45 0.66 0.58 0.45 0.60 0.59
Leverage Ratio
1.97 1.97 1.92 1.90 2.11 2.37 2.25 2.09 2.18 2.12
Compound Leverage Factor
1.81 1.69 1.65 1.68 1.89 2.09 1.91 1.84 1.96 1.93
Debt to Total Capital
28.62% 25.84% 29.02% 24.91% 29.62% 38.59% 44.75% 30.89% 37.49% 42.46%
Short-Term Debt to Total Capital
9.93% 2.72% 2.53% 0.02% 3.59% 7.82% 5.52% 1.64% 7.73% 0.12%
Long-Term Debt to Total Capital
18.69% 23.12% 26.50% 24.89% 26.03% 30.76% 39.24% 29.24% 29.75% 42.34%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
71.38% 74.16% 70.98% 75.09% 70.38% 61.41% 55.25% 69.11% 62.51% 57.54%
Debt to EBITDA
1.43 1.64 2.20 1.80 1.88 2.15 3.33 1.67 2.27 2.50
Net Debt to EBITDA
0.96 1.33 1.90 0.70 1.53 1.95 3.10 1.43 2.02 2.26
Long-Term Debt to EBITDA
0.93 1.47 2.01 1.80 1.65 1.71 2.92 1.58 1.80 2.49
Debt to NOPAT
2.48 3.16 4.40 3.58 3.78 3.97 6.22 2.89 3.81 4.28
Net Debt to NOPAT
1.68 2.56 3.79 1.39 3.09 3.61 5.80 2.48 3.39 3.87
Long-Term Debt to NOPAT
1.62 2.83 4.01 3.57 3.33 3.17 5.45 2.74 3.03 4.27
Altman Z-Score
5.19 4.57 3.57 4.24 1,529.16 3.73 0.00 0.00 0.00 0.00
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
1.89 2.38 2.43 4.00 3.09 1.80 1.89 2.39 1.97 2.71
Quick Ratio
1.14 1.44 1.33 2.65 1.76 0.98 0.87 1.15 0.88 1.20
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
240 144 107 382 256 261 -603 174 254 33
Operating Cash Flow to CapEx
467.18% 405.91% 366.57% 1,237.96% 2,066.28% 398.35% 239.02% 347.13% 257.58% 104.19%
Free Cash Flow to Firm to Interest Expense
5.01 3.00 3.11 11.15 7.15 5.93 -14.91 4.88 9.48 1.31
Operating Cash Flow to Interest Expense
9.16 6.44 5.61 13.55 9.76 8.88 7.40 8.63 16.26 11.90
Operating Cash Flow Less CapEx to Interest Expense
7.20 4.85 4.08 12.46 9.29 6.65 4.30 6.14 9.95 0.48
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.79 0.75 0.60 0.56 0.64 0.75 0.71 0.78 0.78 0.83
Accounts Receivable Turnover
4.37 4.29 4.21 4.23 4.42 5.67 5.58 5.63 6.08 6.09
Inventory Turnover
4.34 4.33 3.98 3.95 3.89 4.11 3.37 3.27 3.26 3.25
Fixed Asset Turnover
3.59 3.20 2.56 2.31 2.43 2.74 2.35 2.33 2.48 3.21
Accounts Payable Turnover
9.38 9.62 9.25 11.11 9.90 9.40 7.51 7.60 8.66 8.76
Days Sales Outstanding (DSO)
83.44 85.15 86.78 86.22 82.60 64.41 65.45 64.87 60.08 59.91
Days Inventory Outstanding (DIO)
84.02 84.20 91.79 92.38 93.91 88.76 108.38 111.73 111.83 112.23
Days Payable Outstanding (DPO)
38.90 37.92 39.44 32.86 36.86 38.85 48.63 48.05 42.15 41.67
Cash Conversion Cycle (CCC)
128.56 131.43 139.13 145.75 139.65 114.32 125.20 128.54 129.76 130.47
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
2,767 2,655 2,571 2,501 2,678 2,713 2,701 1,897 1,859 1,922
Invested Capital Turnover
1.23 1.12 0.94 0.87 0.93 1.07 1.01 1.12 1.07 1.11
Increase / (Decrease) in Invested Capital
112 84 70 -177 -35 12 804 38 -63 166
Enterprise Value (EV)
10,807 8,033 5,414 7,323 4,863,719 7,431 0.00 0.00 0.00 0.00
Market Capitalization
10,217 7,449 4,744 7,037 4,863,034 6,445 0.00 0.00 0.00 0.00
Book Value per Share
$36.48 $34.28 $31.60 $34.82 $0.03 $27.92 $25.01 $22.35 $19.59 $17.83
Tangible Book Value per Share
$15.58 $13.69 $11.10 $13.37 $0.01 $5.12 $0.39 $10.48 $7.42 $5.74
Total Capital
3,049 2,793 2,679 2,950 2,831 2,812 2,784 1,984 1,940 2,004
Total Debt
872 722 777 735 838 1,085 1,246 613 727 851
Total Long-Term Debt
570 646 710 734 737 865 1,092 580 577 848
Net Debt
590 584 670 286 685 986 1,162 525 646 769
Capital Expenditures (CapEx)
94 76 53 38 17 98 125 89 169 284
Debt-free, Cash-free Net Working Capital (DFCFNWC)
841 791 733 651 767 685 594 539 533 499
Debt-free Net Working Capital (DFNWC)
1,123 928 841 1,099 920 784 677 627 614 582
Net Working Capital (NWC)
820 852 773 1,098 819 564 524 594 464 579
Net Nonoperating Expense (NNE)
-21 -4.33 5.19 -3.15 -19 13 20 12 9.94 17
Net Nonoperating Obligations (NNO)
590 584 670 286 685 986 1,162 525 646 769
Total Depreciation and Amortization (D&A)
116 120 121 130 131 142 116 81 69 75
Debt-free, Cash-free Net Working Capital to Revenue
25.29% 27.13% 30.75% 28.98% 30.73% 23.61% 25.52% 25.68% 26.33% 24.50%
Debt-free Net Working Capital to Revenue
33.78% 31.84% 35.27% 48.94% 36.87% 27.03% 29.12% 29.85% 30.34% 28.54%
Net Working Capital to Revenue
24.67% 29.24% 32.43% 48.91% 32.80% 19.44% 22.51% 28.30% 22.93% 28.42%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$6.21 $3.88 $2.79 $3.30 $3.86 $4.19 $2.93 $3.27 $2.92 $2.81
Adjusted Weighted Average Basic Shares Outstanding
60.08M 59.91M 61.52M 63.29M 62.27M 61.95M 61.49M 61.37M 61.89M 64.68M
Adjusted Diluted Earnings per Share
$6.01 $3.78 $2.71 $3.18 $3.74 $4.02 $2.82 $3.16 $2.85 $2.75
Adjusted Weighted Average Diluted Shares Outstanding
62.08M 61.48M 63.25M 65.56M 64.21M 64.50M 63.88M 63.51M 63.56M 66.06M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
59.13M 60.03M 59.76M 63.07M 62.79M 61.97M 61.78M 61.24M 61.63M 63.21M
Normalized Net Operating Profit after Tax (NOPAT)
352 232 174 210 273 273 214 212 191 199
Normalized NOPAT Margin
10.59% 7.97% 7.30% 9.34% 10.93% 9.42% 9.22% 10.10% 9.43% 9.75%
Pre Tax Income Margin
13.66% 9.46% 8.39% 10.94% 11.29% 11.05% 9.44% 12.04% 11.20% 11.82%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
10.33 6.70 6.73 8.13 8.82 8.25 6.39 8.04 9.38 10.66
NOPAT to Interest Expense
7.34 4.76 5.12 5.99 6.19 6.21 4.95 5.95 7.12 7.99
EBIT Less CapEx to Interest Expense
8.37 5.11 5.20 7.03 8.35 6.03 3.29 5.56 3.07 -0.77
NOPAT Less CapEx to Interest Expense
5.38 3.17 3.59 4.90 5.71 3.98 1.86 3.46 0.81 -3.43
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
15.63% 21.96% 26.20% 17.27% 15.67% 15.05% 18.85% 14.83% 14.71% 13.58%
Augmented Payout Ratio
120.41% 76.35% 308.84% 33.25% 21.22% 57.54% 18.85% 50.62% 84.13% 101.08%

Quarterly Metrics And Ratios for Woodward

This table displays calculated financial ratios and metrics derived from Woodward's official financial filings.

Metric Q2 2025 Q1 2025 Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 6/30/2024 3/31/2024 12/31/2023 6/30/2023 3/31/2023 9/30/2022 6/30/2022
Growth Metrics
- - - - - - - - -
Revenue Growth
5.78% -1.78% 5.87% 16.31% 0.00% 30.33% 22.39% -1.27% 10.36%
EBITDA Growth
7.07% -5.26% 8.98% 148.89% 0.00% 66.80% -43.10% -1.84% -10.74%
EBIT Growth
9.91% -5.74% 12.34% 148.89% 0.00% 100.79% -14.91% 0.71% -12.46%
NOPAT Growth
3.53% -5.61% 17.55% 163.33% 0.00% 92.85% -29.01% -0.02% -7.80%
Net Income Growth
11.68% -3.28% 20.66% 174.72% 0.00% 114.47% -25.87% 9.69% -19.27%
EPS Growth
14.10% -2.74% 18.98% 168.97% 0.00% 114.06% -21.62% 10.53% -13.51%
Operating Cash Flow Growth
-20.04% -26.23% 32.67% 0.00% 0.00% 221.60% 0.00% -26.67% -63.70%
Free Cash Flow Firm Growth
-50.57% 0.00% 174.52% 123.95% 0.00% -234.01% -317.10% -108.02% -77.18%
Invested Capital Growth
2.92% 0.00% 1.89% 2.27% 0.00% 5.68% 6.57% 2.78% -0.13%
Revenue Q/Q Growth
14.35% 0.00% 1.48% 0.00% 0.00% 11.48% 0.00% -8.36% 4.68%
EBITDA Q/Q Growth
21.82% 0.00% 22.78% 0.00% 0.00% 180.42% 0.00% 12.24% -4.34%
EBIT Q/Q Growth
27.49% 0.00% 0.78% 0.00% 0.00% 123.28% 0.00% 19.46% -5.38%
NOPAT Q/Q Growth
27.12% 0.00% 4.23% 0.00% 0.00% 133.49% 0.00% 18.29% -14.05%
Net Income Q/Q Growth
25.10% 0.00% 4.63% 0.00% 0.00% 138.23% 0.00% 38.77% -17.66%
EPS Q/Q Growth
25.35% 0.00% 4.49% 0.00% 0.00% 136.21% 0.00% 31.25% -13.51%
Operating Cash Flow Q/Q Growth
125.48% -75.65% 0.00% 0.00% -69.40% 0.00% 0.00% 199.72% 231.93%
Free Cash Flow Firm Q/Q Growth
100.58% 0.00% 46.43% 0.00% 0.00% 52.93% 0.00% -139.09% -23.75%
Invested Capital Q/Q Growth
3.08% 0.00% -1.05% 0.00% 0.00% -0.68% 0.00% -0.22% 0.16%
Profitability Metrics
- - - - - - - - -
Gross Margin
27.17% 24.54% 27.13% 28.06% 25.97% 25.53% 22.15% 23.45% 21.80%
EBITDA Margin
19.40% 18.21% 18.95% 15.67% 18.88% 18.41% 7.32% 17.62% 14.39%
Operating Margin
13.47% 11.61% 13.85% 13.94% 12.59% 13.04% 5.64% 10.60% 8.99%
EBIT Margin
16.28% 14.60% 15.56% 15.67% 15.21% 14.66% 7.32% 12.41% 9.52%
Profit (Net Income) Margin
12.33% 11.27% 12.04% 11.68% 11.45% 10.57% 4.94% 9.72% 6.42%
Tax Burden Percent
81.94% 85.51% 83.60% 80.88% 82.07% 80.01% 88.25% 85.85% 78.44%
Interest Burden Percent
92.44% 90.28% 92.58% 92.18% 91.68% 90.07% 76.54% 91.30% 86.01%
Effective Tax Rate
18.06% 14.49% 16.40% 19.12% 17.93% 19.99% 11.75% 14.15% 21.56%
Return on Invested Capital (ROIC)
13.03% 23.48% 0.00% 0.00% 0.00% 0.00% 0.00% 8.55% 6.33%
ROIC Less NNEP Spread (ROIC-NNEP)
15.27% 26.99% 0.00% 0.00% 0.00% 0.00% 0.00% 9.28% 5.59%
Return on Net Nonoperating Assets (RNNOA)
3.34% 7.22% 0.00% 0.00% 0.00% 0.00% 0.00% 2.16% 1.42%
Return on Equity (ROE)
16.38% 30.70% 0.00% 0.00% 0.00% 0.00% 0.00% 10.71% 7.74%
Cash Return on Invested Capital (CROIC)
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 4.23% 6.84%
Operating Return on Assets (OROA)
12.34% 11.29% 0.00% 0.00% 0.00% 0.00% 0.00% 7.49% 5.61%
Return on Assets (ROA)
9.35% 8.71% 0.00% 0.00% 0.00% 0.00% 0.00% 5.87% 3.79%
Return on Common Equity (ROCE)
16.38% 30.70% 0.00% 0.00% 0.00% 0.00% 0.00% 10.71% 7.74%
Return on Equity Simple (ROE_SIMPLE)
16.32% 16.75% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 8.77%
Net Operating Profit after Tax (NOPAT)
98 77 98 94 81 84 36 51 43
NOPAT Margin
11.04% 9.93% 11.58% 11.28% 10.33% 10.43% 4.98% 9.10% 7.05%
Net Nonoperating Expense Percent (NNEP)
-2.23% -3.51% -0.62% -0.56% 0.00% -0.16% 0.04% -0.73% 0.74%
Return On Investment Capital (ROIC_SIMPLE)
3.00% 2.47% - - - - - - -
Cost of Revenue to Revenue
72.83% 75.46% 72.87% 71.94% 74.03% 74.47% 77.85% 76.55% 78.20%
SG&A Expenses to Revenue
9.49% 9.02% 8.71% 9.75% 9.47% 8.12% 10.52% 8.74% 7.57%
R&D to Revenue
4.21% 3.91% 4.57% 4.37% 3.91% 4.38% 5.26% 4.71% 5.25%
Operating Expenses to Revenue
13.70% 12.93% 13.28% 14.12% 13.39% 12.49% 16.50% 12.85% 12.81%
Earnings before Interest and Taxes (EBIT)
144 113 132 131 120 117 53 70 58
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
171 141 161 131 149 147 53 99 88
Valuation Ratios
- - - - - - - - -
Price to Book Value (P/BV)
4.63 4.46 4.91 0.00 0.00 3.39 2.86 2.50 2.88
Price to Tangible Book Value (P/TBV)
9.56 9.63 11.38 0.00 0.00 8.70 7.90 7.10 8.53
Price to Revenue (P/Rev)
3.23 2.97 0.00 0.00 0.00 0.00 0.00 1.99 2.38
Price to Earnings (P/E)
28.40 26.59 0.00 0.00 0.00 0.00 0.00 27.63 32.87
Dividend Yield
0.56% 0.60% 0.54% 0.59% 0.65% 0.86% 1.02% 0.93% 0.78%
Earnings Yield
3.52% 3.76% 0.00% 0.00% 0.00% 0.00% 0.00% 3.62% 3.04%
Enterprise Value to Invested Capital (EV/IC)
3.94 3.74 4.05 0.00 0.00 2.83 2.37 2.11 2.40
Enterprise Value to Revenue (EV/Rev)
3.39 3.16 0.00 0.00 0.00 0.00 0.00 2.27 2.67
Enterprise Value to EBITDA (EV/EBITDA)
18.50 17.32 0.00 0.00 0.00 0.00 0.00 15.33 17.25
Enterprise Value to EBIT (EV/EBIT)
22.69 21.41 0.00 0.00 0.00 0.00 0.00 23.27 26.28
Enterprise Value to NOPAT (EV/NOPAT)
32.45 30.10 0.00 0.00 0.00 0.00 0.00 30.61 35.73
Enterprise Value to Operating Cash Flow (EV/OCF)
27.94 24.50 24.92 0.00 0.00 29.32 35.31 27.96 26.53
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 50.43 35.03
Leverage & Solvency
- - - - - - - - -
Debt to Equity
0.39 0.41 0.43 0.34 0.00 0.36 0.43 0.41 0.40
Long-Term Debt to Equity
0.21 0.22 0.26 0.28 0.00 0.31 0.32 0.37 0.38
Financial Leverage
0.22 0.27 0.29 0.28 0.00 0.33 0.31 0.23 0.25
Leverage Ratio
1.90 1.94 1.96 1.93 0.00 1.94 1.94 1.92 1.91
Compound Leverage Factor
1.76 1.75 1.82 1.78 0.00 1.75 1.49 1.75 1.64
Debt to Total Capital
28.06% 29.00% 29.95% 25.35% 0.00% 26.47% 29.91% 29.02% 28.64%
Short-Term Debt to Total Capital
12.99% 13.47% 11.70% 4.55% 0.00% 3.50% 7.19% 2.53% 1.86%
Long-Term Debt to Total Capital
15.07% 15.53% 18.25% 20.80% 0.00% 22.97% 22.72% 26.50% 26.78%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
71.94% 71.00% 70.05% 74.65% 0.00% 73.53% 70.09% 70.98% 71.36%
Debt to EBITDA
1.48 1.49 0.00 0.00 0.00 0.00 0.00 2.20 2.14
Net Debt to EBITDA
0.89 1.02 0.00 0.00 0.00 0.00 0.00 1.90 1.86
Long-Term Debt to EBITDA
0.80 0.80 0.00 0.00 0.00 0.00 0.00 2.01 2.00
Debt to NOPAT
2.60 2.60 0.00 0.00 0.00 0.00 0.00 4.40 4.43
Net Debt to NOPAT
1.56 1.78 0.00 0.00 0.00 0.00 0.00 3.79 3.86
Long-Term Debt to NOPAT
1.40 1.39 0.00 0.00 0.00 0.00 0.00 4.01 4.15
Altman Z-Score
5.17 5.01 0.00 0.00 0.00 0.00 0.00 3.43 3.72
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - -
Current Ratio
1.95 1.89 1.96 2.62 0.00 2.54 2.21 2.43 2.95
Quick Ratio
1.22 1.07 1.17 1.66 0.00 1.44 1.19 1.33 1.62
Cash Flow Metrics
- - - - - - - - -
Free Cash Flow to Firm (FCFF)
16 -2,722 47 32 0.00 -63 -133 -18 47
Operating Cash Flow to CapEx
422.59% 102.81% 966.08% 0.00% 111.90% 900.92% 0.00% 684.44% 277.15%
Free Cash Flow to Firm to Interest Expense
1.33 -220.60 4.06 2.77 0.00 -5.15 -10.37 -2.74 5.48
Operating Cash Flow to Interest Expense
6.55 2.80 13.30 0.00 4.09 9.49 0.00 16.13 4.21
Operating Cash Flow Less CapEx to Interest Expense
5.00 0.08 11.93 0.00 0.44 8.43 0.00 13.77 2.69
Efficiency Ratios
- - - - - - - - -
Asset Turnover
0.76 0.77 0.00 0.00 0.00 0.00 0.00 0.60 0.59
Accounts Receivable Turnover
4.04 4.78 0.00 0.00 0.00 0.00 0.00 4.21 3.99
Inventory Turnover
4.10 3.87 0.00 0.00 0.00 0.00 0.00 3.98 3.84
Fixed Asset Turnover
3.63 3.58 0.00 0.00 0.00 0.00 0.00 2.56 2.48
Accounts Payable Turnover
9.44 10.93 0.00 0.00 0.00 0.00 0.00 9.25 9.98
Days Sales Outstanding (DSO)
90.38 76.37 0.00 0.00 0.00 0.00 0.00 86.78 91.49
Days Inventory Outstanding (DIO)
89.01 94.21 0.00 0.00 0.00 0.00 0.00 91.79 94.97
Days Payable Outstanding (DPO)
38.68 33.40 0.00 0.00 0.00 0.00 0.00 39.44 36.58
Cash Conversion Cycle (CCC)
140.70 137.19 0.00 0.00 0.00 0.00 0.00 139.13 149.88
Capital & Investment Metrics
- - - - - - - - -
Invested Capital
2,885 2,799 2,774 2,804 0.00 2,723 2,741 2,571 2,576
Invested Capital Turnover
1.18 2.37 0.00 0.00 0.00 0.00 0.00 0.94 0.90
Increase / (Decrease) in Invested Capital
82 2,799 51 62 0.00 146 169 70 -3.48
Enterprise Value (EV)
11,380 10,459 11,221 0.00 0.00 7,718 6,486 5,414 6,175
Market Capitalization
10,833 9,841 10,606 0.00 8,174 7,081 5,757 4,744 5,509
Book Value per Share
$39.38 $37.35 $35.44 $38.55 $0.00 $34.74 $33.69 $31.60 $31.49
Tangible Book Value per Share
$19.09 $17.29 $15.30 $18.03 $0.00 $13.56 $12.21 $11.10 $10.65
Total Capital
3,249 3,111 3,082 3,120 0.00 2,837 2,871 2,679 2,676
Total Debt
912 902 923 791 0.00 751 859 777 766
Total Long-Term Debt
490 483 563 649 0.00 651 652 710 717
Net Debt
548 618 615 474 0.00 637 729 670 667
Capital Expenditures (CapEx)
18 34 16 0.00 42 13 0.00 16 13
Debt-free, Cash-free Net Working Capital (DFCFNWC)
990 945 927 945 0.00 889 881 733 779
Debt-free Net Working Capital (DFNWC)
1,354 1,229 1,236 1,262 0.00 1,003 1,010 841 879
Net Working Capital (NWC)
932 810 875 1,120 0.00 904 804 773 829
Net Nonoperating Expense (NNE)
-11 -10 -3.89 -3.35 -8.76 -1.07 0.26 -3.51 3.87
Net Nonoperating Obligations (NNO)
548 591 615 474 0.00 637 729 670 667
Total Depreciation and Amortization (D&A)
28 28 29 0.00 29 30 0.00 29 30
Debt-free, Cash-free Net Working Capital to Revenue
29.48% 28.55% 0.00% 0.00% 0.00% 0.00% 0.00% 30.75% 33.69%
Debt-free Net Working Capital to Revenue
40.32% 37.12% 0.00% 0.00% 0.00% 0.00% 0.00% 35.27% 38.00%
Net Working Capital to Revenue
27.76% 24.46% 0.00% 0.00% 0.00% 0.00% 0.00% 32.43% 35.85%
Earnings Adjustments
- - - - - - - - -
Adjusted Basic Earnings per Share
$1.83 $1.47 $1.69 $1.61 $0.00 $1.41 $0.59 $0.87 $0.65
Adjusted Weighted Average Basic Shares Outstanding
59.43M 59.22M 60.43M 60.43M 0.00 60.06M 59.81M 61.52M 60.51M
Adjusted Diluted Earnings per Share
$1.78 $1.42 $1.63 $1.56 $0.00 $1.37 $0.58 $0.84 $0.64
Adjusted Weighted Average Diluted Shares Outstanding
61.34M 61.14M 62.52M 62.37M 0.00 61.59M 61.23M 63.25M 62.09M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
59.50M 59.36M 59.66M 60.92M 0.00 60.42M 60.04M 59.76M 60.16M
Normalized Net Operating Profit after Tax (NOPAT)
98 77 98 94 81 84 40 51 43
Normalized NOPAT Margin
11.04% 9.93% 11.58% 11.28% 10.33% 10.43% 5.62% 9.10% 7.05%
Pre Tax Income Margin
15.05% 13.18% 14.40% 14.44% 13.95% 13.21% 5.60% 11.33% 8.19%
Debt Service Ratios
- - - - - - - - -
EBIT to Interest Expense
12.10 9.14 11.45 11.35 10.47 9.64 4.09 10.47 6.85
NOPAT to Interest Expense
8.20 6.22 8.53 8.17 7.11 6.86 2.79 7.68 5.08
EBIT Less CapEx to Interest Expense
10.55 6.42 10.08 0.00 6.81 8.59 0.00 8.11 5.33
NOPAT Less CapEx to Interest Expense
6.65 3.50 7.15 0.00 3.45 5.81 0.00 5.32 3.56
Payout Ratios
- - - - - - - - -
Dividend Payout Ratio
16.10% 16.18% 0.00% 0.00% 0.00% 0.00% 0.00% 26.20% 26.19%
Augmented Payout Ratio
139.41% 131.39% 0.00% 0.00% 0.00% 0.00% 0.00% 308.84% 308.81%

Frequently Asked Questions About Woodward's Financials

When does Woodward's financial year end?

According to the most recent income statement we have on file, Woodward's fiscal year ends in September. Their fiscal year 2024 ended on September 30, 2024.

How has Woodward's net income changed over the last 9 years?

Woodward's net income appears to be on an upward trend, with a most recent value of $372.97 million in 2024, rising from $181.45 million in 2015. The previous period was $232.37 million in 2023. Check out Woodward's forecast to explore projected trends and price targets.

What is Woodward's operating income?
Woodward's total operating income in 2024 was $428.30 million, based on the following breakdown:
  • Total Gross Profit: $876.48 million
  • Total Operating Expenses: $448.18 million
How has Woodward revenue changed over the last 9 years?

Over the last 9 years, Woodward's total revenue changed from $2.04 billion in 2015 to $3.32 billion in 2024, a change of 63.1%.

How much debt does Woodward have?

Woodward's total liabilities were at $2.19 billion at the end of 2024, a 13.1% increase from 2023, and a 61.3% increase since 2015.

How much cash does Woodward have?

In the past 9 years, Woodward's cash and equivalents has ranged from $81.09 million in 2016 to $448.46 million in 2021, and is currently $282.27 million as of their latest financial filing in 2024.

How has Woodward's book value per share changed over the last 9 years?

Over the last 9 years, Woodward's book value per share changed from 17.83 in 2015 to 36.48 in 2024, a change of 104.6%.



This page (NASDAQ:WWD) was last updated on 5/28/2025 by MarketBeat.com Staff
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