Stocks · Technology · Electrical Industrial Apparatus

Woodward, Inc.

WWD Clue Score60
United States Fiscal year ends September CIK 0000108312
$335.51 +3.73% Close, 9 Oct 2026
Price $335.51 +192.92% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 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.
RevenueNet income
Fiscal year 2017Revenue2,098.7Net income200.5EPS, diluted3.16Fiscal year 2018Revenue2,325.9 +10.8%Net income180.4 −10.0%EPS, diluted2.82 −10.8%Fiscal year 2019Revenue2,900.2 +24.7%Net income259.6 +43.9%EPS, diluted4.02 +42.6%Fiscal year 2020Revenue2,495.7 −13.9%Net income240.4 −7.4%EPS, diluted3.74 −7.0%Fiscal year 2021Revenue2,245.8 −10.0%Net income208.6 −13.2%EPS, diluted3.18 −15.0%Fiscal year 2022Revenue2,382.8 +6.1%Net income171.7 −17.7%EPS, diluted2.71 −14.8%Fiscal year 2023Revenue2,914.6 +22.3%Net income232.4 +35.3%EPS, diluted3.78 +39.5%Fiscal year 2024Revenue3,324.2 +14.1%Net income373.0 +60.5%EPS, diluted6.01 +59.0%Fiscal year 2025Revenue3,567.1 +7.3%Net income442.1 +18.5%EPS, diluted7.19 +19.6%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 2,098.7 2,325.9 2,900.2 2,495.7 2,245.8 2,382.8 2,914.6 3,324.2 3,567.1
Growth +10.8% +24.7% −13.9% −10.0% +6.1% +22.3% +14.1% +7.3%
Net income 200.5 180.4 259.6 240.4 208.6 171.7 232.4 373.0 442.1
Growth −10.0% +43.9% −7.4% −13.2% −17.7% +35.3% +60.5% +18.5%
EPS, diluted 3.16 2.82 4.02 3.74 3.18 2.71 3.78 6.01 7.19
Growth −10.8% +42.6% −7.0% −15.0% −14.8% +39.5% +59.0% +19.6%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Net margin
Fiscal year 2017Net margin9.6%Free cash flow margin10.3%Fiscal year 2018Net margin7.8%Free cash flow margin7.4%Fiscal year 2019Net margin9.0%Free cash flow margin10.1%Fiscal year 2020Net margin9.6%Free cash flow margin12.1%Fiscal year 2021Net margin9.3%Free cash flow margin19.0%Fiscal year 2022Net margin7.2%Free cash flow margin5.9%Fiscal year 2023Net margin8.0%Free cash flow margin8.0%Fiscal year 2024Net margin11.2%Free cash flow margin10.3%Fiscal year 2025Net margin12.4%Free cash flow margin9.5%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net margin 9.6% 7.8% 9.0% 9.6% 9.3% 7.2% 8.0% 11.2% 12.4%
Free cash flow margin 10.3% 7.4% 10.1% 12.1% 19.0% 5.9% 8.0% 10.3% 9.5%

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 2017Operating cash flow307.5Capital expenditure−92.3Free cash flow215.2Buybacks−71.8Fiscal year 2018Operating cash flow299.3Capital expenditure−127.1Free cash flow172.2 −20.0%Buybacks0.0Fiscal year 2019Operating cash flow390.6Capital expenditure−99.1Free cash flow291.5 +69.4%Buybacks−110.3Fiscal year 2020Operating cash flow349.5Capital expenditure−47.1Free cash flow302.4 +3.7%Buybacks−13.3Fiscal year 2021Operating cash flow464.7Capital expenditure−37.7Free cash flow427.0 +41.2%Buybacks−33.3Fiscal year 2022Operating cash flow193.6Capital expenditure−52.9Free cash flow140.8 −67.0%Buybacks−485.3Fiscal year 2023Operating cash flow308.5Capital expenditure−76.5Free cash flow232.0 +64.8%Buybacks−126.4Fiscal year 2024Operating cash flow439.1Capital expenditure−96.3Free cash flow342.8 +47.7%Buybacks−390.8Fiscal year 2025Operating cash flow471.3Capital expenditure−130.9Free cash flow340.4 −0.7%Buybacks−172.9
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 307.5 299.3 390.6 349.5 464.7 193.6 308.5 439.1 471.3
Capital expenditure −92.3 −127.1 −99.1 −47.1 −37.7 −52.9 −76.5 −96.3 −130.9
Free cash flow 215.2 172.2 291.5 302.4 427.0 140.8 232.0 342.8 340.4
Growth −20.0% +69.4% +3.7% +41.2% −67.0% +64.8% +47.7% −0.7%
Buybacks −71.8 0.0 −110.3 −13.3 −33.3 −485.3 −126.4 −390.8 −172.9

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2017Cash87.6Total debt580.3Net cash (debt)−492.7Shareholders’ equity1,371.4Debt to equity0.42Fiscal year 2018Cash83.6Total debt1,092.4Net cash (debt)−1,008.8Shareholders’ equity1,538.1Debt to equity0.71Fiscal year 2019Cash99.1Total debt864.9Net cash (debt)−765.8Shareholders’ equity1,726.7Debt to equity0.50Fiscal year 2020Cash153.3Total debt838.5Net cash (debt)−685.2Shareholders’ equity1,992.7Debt to equity0.42Fiscal year 2021Cash448.5Total debt734.9Net cash (debt)−286.4Shareholders’ equity2,214.8Debt to equity0.33Fiscal year 2022Cash107.8Total debt710.6Net cash (debt)−602.8Shareholders’ equity1,901.1Debt to equity0.37Fiscal year 2023Cash137.4Total debt721.5Net cash (debt)−584.1Shareholders’ equity2,071.0Debt to equity0.35Fiscal year 2024Cash282.3Total debt655.5Net cash (debt)−373.2Shareholders’ equity2,176.4Debt to equity0.30Fiscal year 2025Cash327.4Total debt579.9Net cash (debt)−252.5Shareholders’ equity2,566.4Debt to equity0.23
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 87.6 83.6 99.1 153.3 448.5 107.8 137.4 282.3 327.4
Total debt 580.3 1,092.4 864.9 838.5 734.9 710.6 721.5 655.5 579.9
Net cash (debt) −492.7 −1,008.8 −765.8 −685.2 −286.4 −602.8 −584.1 −373.2 −252.5
Shareholders’ equity 1,371.4 1,538.1 1,726.7 1,992.7 2,214.8 1,901.1 2,071.0 2,176.4 2,566.4
Debt to equity 0.42 0.71 0.50 0.42 0.33 0.37 0.35 0.30 0.23

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

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending September, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 30 Sep 2017 FY2018 30 Sep 2018 FY2019 30 Sep 2019 FY2020 30 Sep 2020 FY2021 30 Sep 2021 FY2022 30 Sep 2022 FY2023 30 Sep 2023 FY2024 30 Sep 2024 FY2025 30 Sep 2025
Margins
12.0% 9.4% 11.1% 11.3% 10.9% 8.4% 9.5% 13.7% 14.6%
9.6% 7.8% 9.0% 9.6% 9.3% 7.2% 8.0% 11.2% 12.4%
10.3% 7.4% 10.1% 12.1% 19.0% 5.9% 8.0% 10.3% 9.5%
Spending
6.0% 6.4% 5.5% 5.3% 5.2% 5.0% 4.5% 4.2% 4.1%
8.4% 8.3% 7.3% 8.7% 8.3% 8.5% 9.3% 9.3% 9.2%
4.4% 5.5% 3.4% 1.9% 1.7% 2.2% 2.6% 2.9% 3.7%
20.7% 17.9% 19.0% 14.7% 15.1% 14.1% 15.7% 17.8% 15.2%
Returns
14.6% 11.7% 15.0% 12.1% 9.4% 9.0% 11.2% 17.1% 17.2%
7.3% 4.8% 6.6% 6.2% 5.1% 4.5% 5.8% 8.5% 9.5%
Balance and payout
0.42 0.71 0.50 0.42 0.33 0.37 0.35 0.30 0.23
50.3% 59.4% 56.4% 48.9% 45.9% 50.1% 48.4% 50.2% 44.6%
33.3% 0.0% 37.8% 4.4% 7.8% 344.7% 54.5% 114.0% 50.8%