Stocks · Industrials · Misc Industrial & Commercial Machinery & Equipment

CURTISS WRIGHT CORP

CW Clue Score75
United States Fiscal year ends December CIK 0000026324
$504.16 -1.65% Close, 12 Oct 2026
Price $504.16 +290.94% Close, 12 Oct 2026

Closing prices at the end of each trading day, from 13 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue2,108.9Operating income296.5Net income187.3EPS, diluted4.15Fiscal year 2017Revenue2,271.0 +7.7%Operating income325.1Net income214.9 +14.7%EPS, diluted4.80 +15.7%Fiscal year 2018Revenue2,411.8 +6.2%Operating income373.6Net income275.7 +28.3%EPS, diluted6.22 +29.6%Fiscal year 2019Revenue2,488.0 +3.2%Operating income404.0Net income307.6 +11.5%EPS, diluted7.15 +15.0%Fiscal year 2020Revenue2,391.3 −3.9%Operating income288.8Net income201.4 −34.5%EPS, diluted4.80 −32.9%Fiscal year 2021Revenue2,500.8 +4.6%Operating income377.1Net income262.8 +30.5%EPS, diluted6.47 +34.8%Fiscal year 2022Revenue2,557.0 +2.2%Operating income423.4Net income294.3 +12.0%EPS, diluted7.62 +17.8%Fiscal year 2023Revenue2,845.4 +11.3%Operating income484.6Net income354.5 +20.4%EPS, diluted9.20 +20.7%Fiscal year 2024Revenue3,121.2 +9.7%Operating income528.6Net income405.0 +14.2%EPS, diluted10.55 +14.7%Fiscal year 2025Revenue3,498.4 +12.1%Operating income633.5Net income484.2 +19.6%EPS, diluted12.87 +22.0%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 2,108.9 2,271.0 2,411.8 2,488.0 2,391.3 2,500.8 2,557.0 2,845.4 3,121.2 3,498.4
Growth +7.7% +6.2% +3.2% −3.9% +4.6% +2.2% +11.3% +9.7% +12.1%
Operating income 296.5 325.1 373.6 404.0 288.8 377.1 423.4 484.6 528.6 633.5
Net income 187.3 214.9 275.7 307.6 201.4 262.8 294.3 354.5 405.0 484.2
Growth +14.7% +28.3% +11.5% −34.5% +30.5% +12.0% +20.4% +14.2% +19.6%
EPS, diluted 4.15 4.80 6.22 7.15 4.80 6.47 7.62 9.20 10.55 12.87
Growth +15.7% +29.6% +15.0% −32.9% +34.8% +17.8% +20.7% +14.7% +22.0%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin34.8%Operating margin14.1%Net margin8.9%Free cash flow margin17.8%Fiscal year 2017Gross margin35.3%Operating margin14.3%Net margin9.5%Free cash flow margin14.8%Fiscal year 2018Gross margin36.1%Operating margin15.5%Net margin11.4%Free cash flow margin11.7%Fiscal year 2019Gross margin36.1%Operating margin16.2%Net margin12.4%Free cash flow margin14.1%Fiscal year 2020Gross margin35.2%Operating margin12.1%Net margin8.4%Free cash flow margin8.9%Fiscal year 2021Gross margin37.1%Operating margin15.1%Net margin10.5%Free cash flow margin13.9%Fiscal year 2022Gross margin37.3%Operating margin16.6%Net margin11.5%Free cash flow margin10.0%Fiscal year 2023Gross margin37.5%Operating margin17.0%Net margin12.5%Free cash flow margin14.2%Fiscal year 2024Gross margin37.0%Operating margin16.9%Net margin13.0%Free cash flow margin15.5%Fiscal year 2025Gross margin37.2%Operating margin18.1%Net margin13.8%Free cash flow margin15.8%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 34.8% 35.3% 36.1% 36.1% 35.2% 37.1% 37.3% 37.5% 37.0% 37.2%
Operating margin 14.1% 14.3% 15.5% 16.2% 12.1% 15.1% 16.6% 17.0% 16.9% 18.1%
Net margin 8.9% 9.5% 11.4% 12.4% 8.4% 10.5% 11.5% 12.5% 13.0% 13.8%
Free cash flow margin 17.8% 14.8% 11.7% 14.1% 8.9% 13.9% 10.0% 14.2% 15.5% 15.8%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow423.2Capital expenditure−46.8Free cash flow376.4Buybacks−105.2Dividends paid−23.1Fiscal year 2017Operating cash flow388.7Capital expenditure−52.7Free cash flow336.0 −10.7%Buybacks−52.1Dividends paid−24.7Fiscal year 2018Operating cash flow336.3Capital expenditure−53.4Free cash flow282.9 −15.8%Buybacks−198.6Dividends paid−26.3Fiscal year 2019Operating cash flow421.4Capital expenditure−69.8Free cash flow351.7 +24.3%Buybacks−50.7Dividends paid−28.2Fiscal year 2020Operating cash flow261.2Capital expenditure−47.5Free cash flow213.7 −39.2%Buybacks−200.0Dividends paid−28.2Fiscal year 2021Operating cash flow387.7Capital expenditure−41.1Free cash flow346.6 +62.2%Buybacks−343.1Dividends paid−28.7Fiscal year 2022Operating cash flow294.8Capital expenditure−38.2Free cash flow256.6 −26.0%Buybacks−56.9Dividends paid−28.8Fiscal year 2023Operating cash flow448.1Capital expenditure−44.7Free cash flow403.4 +57.2%Buybacks−50.1Dividends paid−30.2Fiscal year 2024Operating cash flow544.3Capital expenditure−61.0Free cash flow483.3 +19.8%Buybacks−250.0Dividends paid−31.7Fiscal year 2025Operating cash flow643.4Capital expenditure−89.7Free cash flow553.7 +14.6%Buybacks−465.0Dividends paid−34.7
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 423.2 388.7 336.3 421.4 261.2 387.7 294.8 448.1 544.3 643.4
Capital expenditure −46.8 −52.7 −53.4 −69.8 −47.5 −41.1 −38.2 −44.7 −61.0 −89.7
Free cash flow 376.4 336.0 282.9 351.7 213.7 346.6 256.6 403.4 483.3 553.7
Growth −10.7% −15.8% +24.3% −39.2% +62.2% −26.0% +57.2% +19.8% +14.6%
Buybacks −105.2 −52.1 −198.6 −50.7 −200.0 −343.1 −56.9 −50.1 −250.0 −465.0
Dividends paid −23.1 −24.7 −26.3 −28.2 −28.2 −28.7 −28.8 −30.2 −31.7 −34.7

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash553.8Total debt815.6Net cash (debt)−261.8Shareholders’ equity1,291.2Debt to equity0.63Fiscal year 2017Cash475.1Total debt814.0Net cash (debt)−338.9Shareholders’ equity1,527.8Debt to equity0.53Fiscal year 2018Cash276.1Total debt762.3Net cash (debt)−486.2Shareholders’ equity1,530.8Debt to equity0.50Fiscal year 2019Cash391.0Total debt760.6Net cash (debt)−369.6Shareholders’ equity1,774.4Debt to equity0.43Fiscal year 2020Cash198.2Total debt958.3Net cash (debt)−760.0Shareholders’ equity1,787.6Debt to equity0.54Fiscal year 2021Cash171.0Total debt1,050.6Net cash (debt)−879.6Shareholders’ equity1,826.5Debt to equity0.58Fiscal year 2022Cash257.0Total debt1,051.9Net cash (debt)−794.9Shareholders’ equity1,981.2Debt to equity0.53Fiscal year 2023Cash406.9Total debt1,050.4Net cash (debt)−643.5Shareholders’ equity2,328.4Debt to equity0.45Fiscal year 2024Cash385.0Total debt958.9Net cash (debt)−573.9Shareholders’ equity2,449.8Debt to equity0.39Fiscal year 2025Cash371.3Total debt757.9Net cash (debt)−386.5Shareholders’ equity2,533.6Debt to equity0.30
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 553.8 475.1 276.1 391.0 198.2 171.0 257.0 406.9 385.0 371.3
Total debt 815.6 814.0 762.3 760.6 958.3 1,050.6 1,051.9 1,050.4 958.9 757.9
Net cash (debt) −261.8 −338.9 −486.2 −369.6 −760.0 −879.6 −794.9 −643.5 −573.9 −386.5
Shareholders’ equity 1,291.2 1,527.8 1,530.8 1,774.4 1,787.6 1,826.5 1,981.2 2,328.4 2,449.8 2,533.6
Debt to equity 0.63 0.53 0.50 0.43 0.54 0.58 0.53 0.45 0.39 0.30

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Balance sheet

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Assets
553.8 475.1 276.1 391.0 198.2 171.0 257.0 406.9 385.0 371.3
367.0 378.9 423.4 424.8 428.9 411.6 483.1 510.0 541.4 615.1
388.9 390.2 374.7 385.6 378.2 360.0 342.7 332.8 339.1 382.2
951.1 1,096.3 1,088.0 1,166.7 1,455.1 1,463.0 1,544.6 1,558.8 1,675.7 1,692.5
3,037.8 3,236.3 3,255.4 3,764.3 4,021.3 4,103.5 4,448.3 4,621.0 4,985.7 5,221.3
Growth +6.5% +0.6% +15.6% +6.8% +2.0% +8.4% +3.9% +7.9% +4.7%
Liabilities
815.6 814.0 762.3 760.6 958.3 1,050.6 1,051.9 1,050.4 958.9 757.9
calc 815.6 814.0 762.3 760.6 958.3 1,050.6 1,051.9 1,050.4 958.9 757.9
1,746.6 1,708.5 1,724.6 1,989.9 2,233.8 2,277.1 2,467.1 2,292.6 2,535.9 2,687.7
Equity
1,754.9 1,944.3 2,191.5 2,497.1 2,670.3 2,908.8 3,163.5 3,487.8 3,861.1 4,310.7
1,291.2 1,527.8 1,530.8 1,774.4 1,787.6 1,826.5 1,981.2 2,328.4 2,449.8 2,533.6
Growth +18.3% +0.2% +15.9% +0.7% +2.2% +8.5% +17.5% +5.2% +3.4%
Per share and net cash
calc −261.8 −338.9 −486.2 −369.6 −760.0 −879.6 −794.9 −643.5 −573.9 −386.5
44.2 44.1 42.8 42.7 40.9 38.5 38.3 38.2 37.7 36.9
calc 29.22 34.63 35.79 41.57 43.69 47.48 51.78 60.95 65.07 68.74

Lines marked calc are worked out here from filed figures; point at one for how.