Woodward, Inc. logo

Woodward, Inc.

WWD

NASDAQIndustrialsAerospace & Defense

Previous close

$343.26

+$1.06 · +0.31%

Aug 21, 4:00 PM ET

Pre-market

$343.26

$0.00 · 0.00%

Aug 24, 7:35 AM ET

WWD company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

60

Fair Value

Momentum

52

Neutral

Sentiment

62

Bullish

Risk resilience

68

Moderate Risk

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Company profile

Company website

Woodward, Inc. (WWD) stands as a prominent global entity, specializing in the engineering, production, and maintenance of advanced control solutions for both the aerospace and industrial sectors. The company organizes its operations into two distinct divisions: Aerospace and Industrial. Within its Aerospace segment, Woodward delivers a comprehensive array of crucial components. This includes fuel pumps, metering units, various types of actuators, air and specialized valves, fuel nozzles, and thrust reverser actuation systems, primarily designed for turbine engines and nacelles. Additionally, it provides flight deck controls, servocontrols, motors, and sensors for aircraft applications. These sophisticated offerings are integral to a wide range of platforms, encompassing commercial and private airplanes and rotorcraft, military fixed-wing and rotary-wing aircraft, guided munitions, and diverse defense systems. Beyond initial sales, this segment also offers extensive aftermarket services such as maintenance, repair, and overhaul (MRO) to commercial airlines, repair facilities, military depots, independent repair shops, and direct end-users. Products are supplied to Original Equipment Manufacturers (OEMs), tier-one suppliers, and various contractors, alongside aftermarket sales comprising provisioning spares, replacements, and individual parts. The Industrial segment offers an equally vital portfolio of products, including actuators, valves, pumps, sophisticated fuel injection systems, solenoids, ignition systems, speed control mechanisms, integrated electronics and software solutions, and sensors. These are essential for optimizing the performance of industrial gas turbines, steam turbines, compressors, and reciprocating engines. For its industrial offerings, including aftermarket products and associated services, this segment distributes to OEMs through an established network of independent distributors, as well as directly serving end-users. Woodward, Inc. was established in 1870 and maintains its corporate headquarters in Fort Collins, Colorado.

Industry
Aerospace & Defense
Sector
Industrials
Headquarters
US
CEO
Charles Blankenship Jr.
Listed since
Apr 4, 1994
Employees
10,200

Market position

Day range

Current $343.26

52-week range

Current $343.26

Open
$344.46
Previous close
$342.2
Volume
259.24K
0.34× average
Average volume
765.22K
Average daily volume
Market cap
20.45B USD
Beta
0.88
Market reference 1
50-day average
$394.42
-12.97% below average
200-day average
$355.94
-3.56% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
15.45B USD
P/E (TTM)
37.11×
P/B (TTM)
8.27×
P/S (TTM)
4.88×
EV / EBITDA
22.7×
Earnings yield
2.94%
Free cash flow yield
2.26%
Dividend yield
0.36%

Profitability & efficiency

Gross margin
29.47%
Operating margin
16.03%
Net margin
13.17%
Return on equity
17.23%
Return on assets
9.55%
Return on invested capital
10.92%

Financial health

Debt / equity
0.55×
Current ratio
2.08×
Altman Z-score
7.06
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends29%21%13%5%Gross margin, FY2021: 24.54%Gross margin, FY2022: 22.05%Gross margin, FY2023: 23.25%Gross margin, FY2024: 26.37%Gross margin, FY2025: 26.81%Operating margin, FY2021: 11.32%Operating margin, FY2022: 8.98%Operating margin, FY2023: 9.82%Operating margin, FY2024: 13.24%Operating margin, FY2025: 14.33%Net margin, FY2021: 9.29%Net margin, FY2022: 7.21%Net margin, FY2023: 7.97%Net margin, FY2024: 11.22%Net margin, FY2025: 12.39%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 24.54%. Gross margin FY2022 22.05%. Gross margin FY2023 23.25%. Gross margin FY2024 26.37%. Gross margin FY2025 26.81%. Operating margin FY2021 11.32%. Operating margin FY2022 8.98%. Operating margin FY2023 9.82%. Operating margin FY2024 13.24%. Operating margin FY2025 14.33%. Net margin FY2021 9.29%. Net margin FY2022 7.21%. Net margin FY2023 7.97%. Net margin FY2024 11.22%. Net margin FY2025 12.39%.

Income trends

Revenue

3.57B USD+7.30%

Operating income

511.2M USD+16.16%

Net income

442.11M USD+18.54%
Income trends across reported periods3.91B USD2.55B USD1.19B USD−167.84M USDRevenue, FY2021: 2.25B USDRevenue, FY2022: 2.38B USDRevenue, FY2023: 2.91B USDRevenue, FY2024: 3.32B USDRevenue, FY2025: 3.57B USDOperating income, FY2021: 254.31M USDOperating income, FY2022: 214.09M USDOperating income, FY2023: 286.34M USDOperating income, FY2024: 440.07M USDOperating income, FY2025: 511.2M USDNet income, FY2021: 208.65M USDNet income, FY2022: 171.7M USDNet income, FY2023: 232.37M USDNet income, FY2024: 372.97M USDNet income, FY2025: 442.11M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 2.25B USD. Revenue FY2022 2.38B USD. Revenue FY2023 2.91B USD. Revenue FY2024 3.32B USD. Revenue FY2025 3.57B USD. Operating income FY2021 254.31M USD. Operating income FY2022 214.09M USD. Operating income FY2023 286.34M USD. Operating income FY2024 440.07M USD. Operating income FY2025 511.2M USD. Net income FY2021 208.65M USD. Net income FY2022 171.7M USD. Net income FY2023 232.37M USD. Net income FY2024 372.97M USD. Net income FY2025 442.11M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue3.57B USD3.32B USD2.91B USD2.38B USD2.25B USD
Cost of goods sold2.61B USD2.45B USD2.24B USD1.86B USD1.69B USD
Gross profit956.29M USD876.48M USD677.58M USD525.31M USD551.06M USD
Research and development147.57M USD140.68M USD132.1M USD119.78M USD117.09M USD
Selling, general, and administrative297.53M USD295.74M USD259.14M USD191.43M USD179.66M USD
Operating expenses445.1M USD436.41M USD391.24M USD311.22M USD296.75M USD
Interest income4.19M USD6.46M USD2.75M USD1.81M USD1.5M USD
Interest expense45.69M USD47.96M USD47.9M USD34.55M USD34.28M USD
Depreciation and amortization113.28M USD116.17M USD119.74M USD120.63M USD129.52M USD
Operating income511.2M USD440.07M USD286.34M USD214.09M USD254.31M USD
Net income442.11M USD372.97M USD232.37M USD171.7M USD208.65M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
100%
11 beats, 0 misses, 0 met estimates
Average EPS surprise
+15.65%
11 comparable reports
Latest EPS result
2.52
Estimate 2.44 · Beat by 3.28%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates2.632.11.561.03Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 3, 2025: actual 1.35, estimate 1.14, surprise +18.42%, Beat. Q2 2025, reported Apr 28, 2025: actual 1.69, estimate 1.44, surprise +17.36%, Beat. Q3 2025, reported Jul 28, 2025: actual 1.76, estimate 1.62, surprise +8.64%, Beat. Q4 2025, reported Nov 24, 2025: actual 2.09, estimate 1.88, surprise +11.17%, Beat. Q1 2026, reported Feb 2, 2026: actual 2.17, estimate 1.65, surprise +31.52%, Beat. Q2 2026, reported Apr 29, 2026: actual 2.27, estimate 2.1, surprise +8.10%, Beat. Q3 2026, reported Jul 29, 2026: actual 2.52, estimate 2.44, surprise +3.28%, Beat. Q4 2026, reported Nov 23, 2026: actual —, estimate 2.49, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates1.18B1.03B878.22M727.34MQ1 '25MissQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 3, 2025: actual 772.73M USD, estimate 840.78M USD, surprise -8.09%, Miss. Q2 2025, reported Apr 28, 2025: actual 883.63M USD, estimate 834.97M USD, surprise +5.83%, Beat. Q3 2025, reported Jul 28, 2025: actual 915.45M USD, estimate 940.75M USD, surprise -2.69%, Miss. Q4 2025, reported Nov 24, 2025: actual 995.26M USD, estimate 939.58M USD, surprise +5.93%, Beat. Q1 2026, reported Feb 2, 2026: actual 996.45M USD, estimate 890.11M USD, surprise +11.95%, Beat. Q2 2026, reported Apr 29, 2026: actual 1.09B USD, estimate 1.01B USD, surprise +7.98%, Beat. Q3 2026, reported Jul 29, 2026: actual 1.11B USD, estimate 1.11B USD, surprise -0.06%, Miss. Q4 2026, reported Nov 23, 2026: actual —, estimate 1.13B USD, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

Stock split

Effective Feb 15, 2008

2:1

Stock split

Effective Feb 15, 2006

3:1

Stock split

Effective Feb 10, 1997

4:1

WWD peers

ETFs holding WWD

Funds reporting this stock among their holdings, ordered by reported position size.

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