Woodward, Inc. WWD

330.31 4.43 1.36% as of 25 Sep
Market cap
$19.2B
P/E
35.7×
Growth Flags show if company had growth for consecutive years

Insider Decisions

Total sells 32.24
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — 2 4 — 2 4 — 3 1 1 — —
Insider Ownership 1.30%

Capital & Financial Ratios

Market Cap 19,240.00
Revenue 4,191.99
Net Income 552.03
Free Cash Flow 376.53
Net Debt 867.08
Current Ratio 1.65
Debt/Equity 0.54
P/E ratio 35.71
P/S ratio 4.68
P/B ratio 7.94
Past 5Y EPS Growth 8.34%
This Y EPS Growth 37.41%
Next Y EPS Growth 13.61%
Next 5Y EPS Growth 22.62%
in millions of $

Dividends

Payout Ratio 0.25
Annual Dividend Rate 0.88
Annual Dividend Yield 0.69%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 1.24
0.32
0.32
0.32
2025 1.12
0.28
0.28
0.28
0.28
2024 1.00
0.25
0.25
0.25
0.25
2023 0.88
0.22
0.22
0.22
0.22
2022 0.95
0.19
0.19
0.19
0.19
0.19
2021 0.65
0.16
0.16
0.16
0.16
2020 0.52
0.28
0.08
0.08
0.08
2019 0.65
0.16
0.16
0.16
0.16
2018 0.57
0.14
0.14
0.14
0.14
2017 0.50
0.13
0.13
0.13
0.13
2016 0.44
0.11
0.11
0.11
0.11
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 137 282 327 475
Receivables 764 792 833 1,056
Inventory 518 609 655 725
Other 50 60 70 83
1,469 1,744 1,884 2,339
2023 2024 2025 Q'26
Payables 234 287 289 329
ST’ Debt 76 303 245 724
Other — — — 4
617 924 907 1,421
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 5.76% 7.41% 14.40%
Cash Flow 4.76% 6.16% 34.51%
Earnings 9.31% 12.96% 37.06%
Book Value 8.33% 5.19% 10.52%

Revenue

Dec Mar Jun Sep Year
’26 996 1,091 1,110 — —
’25 773 884 915 995 3,567
’24 787 835 848 854 3,324
’23 619 718 801 777 2,915
’22 542 587 614 640 2,383
’21 538 581 557 570 2,246
’20 720 720 524 531 2,496
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Dec Mar Jun Sep Year
’26 114 91 147 — —
’25 35 78 126 233 471
’24 47 97 153 142 439
’23 5 35 115 153 309
’22 39 11 36 108 194
’21 147 72 99 147 465
’20 27 25 160 137 349
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Dec Mar Jun Sep Year
’26 70 38 87 — —
’25 1 59 99 181 340
’24 5 83 137 120 345
’23 (19) 15 103 134 233
’22 26 0 23 92 141
’21 140 66 91 130 427
’20 29 13 151 140 333
in millions of $ · fiscal quarters ending in the months shown

EPS

Dec Mar Jun Sep Year
’26 2.17 2.19 2.40 — —
’25 1.42 1.78 1.76 2.23 7.19
’24 1.46 1.56 1.63 1.36 6.01
’23 0.49 0.58 1.37 1.33 3.78
’22 0.47 0.74 0.64 0.88 2.71
’21 0.64 1.04 0.74 0.76 3.18
’20 0.83 1.41 0.61 0.89 3.74
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1.4
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
41.24 65.22 68.40 70.64 46.51 101.28 79.26 88.30 131.12 146.82

Analyst estimates 2026–2028

Powerpack
Low Price
71.46 82.94 89.30 124.78 129.06 130.75 129.12 140.73 201.64 317.56
High Price
6,800 6,900 8,300 9,000 7,100 7,200 8,300 8,800 9,300 10,200
Employees
0 0 0 0 0 0 0 0 0 0
Revenue/Emp
2,023 2,099 2,326 2,900 2,496 2,246 2,383 2,915 3,324 3,567
Revenue
26.65% 27.21% 25.93% 24.40% 25.65% 24.54% 22.05% 23.25% 26.37% 26.81%
Gross Margin
226 253 220 321 282 246 200 276 454 521
EBT
11.20% 12.04% 9.44% 11.05% 11.29% 10.94% 8.39% 9.46% 13.66% 14.62%
EBT Margin
181 201 180 260 240 209 172 232 373 442
Net Income
69 81 116 142 131 130 121 120 116 113
Depreciation
32.69 34.20 37.82 46.82 40.08 35.49 38.73 48.65 55.33 59.89
Revenue/Sh
2.92 3.27 2.93 4.19 3.86 3.30 2.79 3.88 6.21 7.42
Earnings/Sh
7.03 5.01 4.87 6.31 5.61 7.34 3.15 5.15 7.31 7.91
Cash Flow/Sh
(2.73) (1.44) (2.04) (1.58) (0.27) (0.59) (0.86) (1.27) (1.56) (2.20)
Capex/Sh
4.30 3.57 2.83 4.72 5.34 6.75 2.29 3.88 5.74 5.72
Free CF/Sh
19.59 22.35 25.01 27.87 32.00 35.00 30.90 34.57 36.23 43.09
Book Value/Sh
62 61 61 62 62 63 62 60 60 60
Shares
21.32 24.15 27.15 25.74 20.71 34.30 28.66 31.84 27.66 34.06
PE Ratio
1.91 2.31 2.11 2.30 2.00 3.19 2.07 2.54 3.10 4.22
PS Ratio
3.19 3.53 3.19 3.87 2.50 3.23 2.60 3.57 4.73 5.87
PB Ratio
2.23 2.56 2.61 2.64 2.27 3.32 2.35 2.74 3.28 4.32
EV/Sales
16.94 24.53 34.87 26.20 17.07 17.44 39.82 34.34 31.57 45.32
EV/FCF
435 308 299 391 349 465 194 309 439 471
Op' Cash Flow
(169) (89) (125) (98) (17) (38) (53) (76) (94) (131)
Capex
266 219 174 293 333 427 141 233 345 340
FCF
464 594 524 564 819 1,098 773 852 820 977
Working Cap'
727 613 1,246 1,085 838 735 777 722 872 702
Total Debt
646 525 1,162 986 685 286 670 584 590 375
Net Debt
1,213 1,371 1,538 1,727 1,993 2,215 1,901 2,071 2,176 2,566
Sh' Equity
7.02% 7.43% 5.51% 6.70% 6.12% 5.22% 4.35% 5.95% 8.90% 9.83%
ROA
8.03% 8.81% 5.65% 7.77% 6.95% 6.05% 5.01% 6.37% 9.68% 10.18%
ROIC
15.29% 15.52% 12.40% 15.90% 12.93% 9.92% 8.34% 11.70% 17.56% 18.64%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Sep 2025 · latest quarter Jun 2026

Woodward, Inc. peers in Aerospace & Defense

All 82 Aerospace & Defense stocks →

Woodward, Inc. (WWD) key facts

  • Woodward, Inc. (WWD) is an Aerospace & Defense company in the Industrials sector, listed on Nasdaq.
  • Woodward, Inc.’s revenue for fiscal 2025 (year ended September 2025) was $3.6 billion, up 7.30% from fiscal 2024.
  • Net income was $442.1 million, or $7.42 per share (basic), a net margin of 12.4%.
  • As of September 25, 2026, WWD traded at $330.31, a market capitalization of $19.2 billion.
  • At that price the stock trades at 35.7× trailing-twelve-month earnings and 4.7× sales.
  • Woodward, Inc. pays an annual dividend of $0.88 per share, a yield of 0.69%, with a payout ratio of 24.8%.
  • Return on equity was 18.6% and debt-to-equity 0.54.

Source: company filings (standardised) and stockrow calculations.

Woodward, Inc. (WWD) Latest News

News by impact score

Fine-tune

25 Sep

4

Woodward, Inc. plans to move military flight-control actuation production from Santa Clarita, California to a new aerospace campus in Spartanburg, South Carolina. The Spartanburg site is slated to begin operations in summer 2027, with Santa Clarita to be shut down no later than December 2027; about 400 jobs will be affected through phased transitions. Separately, Woodward agreed to sell the Santa Clarita campus and certain legacy commercial rotorcraft, land-systems, and business-jet product lines, though sale proceeds and expected net savings were not disclosed and the closing is targeted for fiscal 2027. Management argues the move will improve equipment use, manufacturing support, and supply chain, and that combining military and some commercial work could spread shared costs. Risks include qualification delays, quality problems, productivity issues, and the time needed to staff and transition operations, potentially delaying the Santa Clarita exit and the sale. Consolidating military actuation production and divesting legacy assets redefines Woodward's cost base and product mix, with sizable operational and capital allocation implications.

22 Sep

4

Woodward, Inc. will move aerospace flight-control actuation production from Santa Clarita, CA to a new Spartanburg, SC campus, selling legacy lines and the Santa Clarita site. About 400 roles will be cut; full closure targeted for December 2027. Production will concentrate on newer programs (including Airbus A350 spoiler actuators) at Spartanburg, signaling a reshaped footprint, potential efficiency gains, and a higher-value mix, but with capex and execution risk tied to the campus. The shift underpins an investment narrative around efficiency and long-term capacity, while creating near-term costs. Woodward affirmed a US$0.32 per share quarterly dividend as it commits capital to Spartanburg. Forecasts project revenue around $5.1B and earnings near $749M by 2029, requiring sustained execution and favorable demand for upside. Consolidating production to Spartanburg and selling Santa Clarita assets creates meaningful near-term capex, execution risk, and a shifted cost structure that could reshape Woodward's growth trajectory.

3

StockStory names Woodward (WWD) as the only buy among the recent picks, citing strong fundamentals and a bullish price target. Woodward designs and manufactures energy control products and optimization solutions. It shows 13.7% annual revenue growth over the last five years, rising operating profits from cost leverage, and EPS growth of 22.5% aided by share buybacks. The current price is about $325.14, with a forward P/E of 31.4x. The consensus target is $440.67, implying roughly 35.5% upside. The piece contrasts two sell-rated names (Align Technology and Triumph Financial) and notes its free full research report to decide timing on WWD. It frames the coverage as strong but requires validation of continued growth and multiple expansion. Upside is driven by solid fundamentals and a lofty price target, but cyclicality and valuation risk cap certainty.

21 Sep

4

Woodward, Inc. will shift production of military fixed-wing and rotorcraft flight-control actuation from its Santa Clarita, California facility to its new Spartanburg, South Carolina campus, which is nearing completion. The Spartanburg site will also produce Airbus A350 spoiler actuation systems. A smaller group of legacy commercial rotorcraft, land systems, and business-jet products built in Santa Clarita, along with the Santa Clarita campus, will be divested in a transaction expected to close in fiscal 2027. Santa Clarita operations are slated to cease no later than December 2027, affecting about 400 jobs with phased transitions. The Spartanburg facility is planned to come online in summer 2027. Woodward frames the move as a footprint optimization to enhance supply chain and meet rising demand, while offering transition support to affected workers. The release includes standard forward-looking statements and risk factors. Shifting key military actuation production to Spartanburg and divesting Santa Clarita assets redefines Woodward's footprint and cost base, with material implications for operations and investor sentiment.

14 Sep

3

GE downgrade reflects deeper aviation sector pressures likely affecting supplier Woodward through reduced orders, contract revisions and weaker demand outlook for its aerospace components. Link to major customer GE creates moderate but not transformative pressure on Woodward aerospace revenue and near-term sentiment.

20 Aug

3

Woodward reported Q2 earnings, with results compared against other aerospace stocks on metrics including revenue, margins and growth. Q2 earnings release and peer comparison can shift near-term investor views on financial performance and positioning.

7 Aug

3 transcript

Woodward (WWD) released its Q3 2026 earnings call transcript. Quarterly earnings call transcript supplies performance updates and outlook that moderately shape near-term investor sentiment.

6 Aug

4

Woodward beat Q3 estimates and raised its full-year outlook, positioning the company for sustained growth through 2027. Q3 beat combined with raised guidance signals stronger financial performance and investor sentiment likely to shift company trajectory.

3 transcript

Woodward Inc. (WWD) Q2 earnings call highlights financial results, operational updates, and future outlook. Quarterly earnings provide updates on financial performance that may influence short-term market views but rarely shift long-term trajectory alone.

2 Aug

4

Woodward posted strong earnings and raised guidance but the stock still appears fully valued. Strong earnings and raised guidance signal improved financial outlook likely to move investor sentiment and valuation.

3

Woodward reports rising earnings but pressured free cash flow margins, raising questions on whether efficiency metrics are being reshaped. Rising earnings paired with pressured free cash flow margins point to moderate effects on financial performance and efficiency perception.

30 Jul

4

Woodward Inc reported record sales and EPS growth for Q3 2026 despite supply chain disruptions. Record sales and EPS growth indicate strong performance likely to boost future trajectory and investor sentiment.

3

Woodward (WWD) shares plunge today. Share price drop signals short-term negative market reaction without evidence of long-term structural change.

3

Woodward, Inc. reports Q2 CY2026 results emphasizing margin expansion through automation initiatives and sustainability efforts. Margin expansion, automation, and sustainability measures can moderately improve Woodward's operational efficiency and competitive positioning.

3

Woodward Inc. beat Q3 earnings estimates, driven by strength in its aerospace and industrial segments. Q3 earnings beat signals positive operational performance but does not indicate major long-term shifts in company trajectory.

29 Jul

3 transcript

Woodward reported Q3 results during its earnings call, covering revenue, segment performance, margins, and management outlook on aerospace and industrial markets. Q3 earnings figures and guidance can shift near-term investor views on financial performance.

3

Woodward (WWD) reported Q3 earnings above analyst estimates. Quarterly earnings beat can lift near-term stock price and sentiment without altering long-term trajectory.

3

Woodward, Inc. reported its third quarter fiscal year 2026 financial results. Quarterly earnings update delivers standard financial metrics that can shift short-term investor sentiment without major strategic shifts.

28 Jul

3

Woodward (WWD) Q2 earnings are expected to reflect aerospace segment strength and industrial market trends, with analysts projecting revenue near $800 million and EPS around $1.20; results may shift investor views on growth trajectory. Q2 earnings expectations can moderately influence WWD stock price and near-term outlook through financial performance signals.

3

Woodward, Inc. will report Q3 earnings, delivering financial results and outlook that investors can use to assess company performance and valuation. Scheduled earnings release provides financial data that can shift near-term stock price and sentiment.

27 Jul

3

RBC analysts state Woodward and Howmet stand to gain from a strong engine market. Analyst note on market tailwinds points to moderate positive effects on Woodward outlook and sentiment.

21 Jul

3

Woodward, Inc. inaugurates expanded production for high-speed fuel injection systems at its facility in Glatten, Germany. German production expansion increases fuel injection system manufacturing capacity.

3

Woodward has formed an elite-level agreement with HAECO to support the global CFM International LEAP engine fleet. Agreement expands aftermarket support reach for key LEAP programs without altering core business trajectory.

16 Jul

3

Woodward (WWD) posts Q3 results, raising questions whether current valuation is supported by performance and outlook. Q3 earnings release can shift near-term sentiment and valuation perception for WWD.

10 Jul

4

Woodward, Inc. leverages rapid profit generation and rigorous exit protocols to boost performance. Rapid profits and disciplined exits strengthen Woodward's financial trajectory and investor appeal.

1 Jul

3

Woodward joins growth indices and affirms dividend, drawing investor reactions. Index inclusion boosts visibility while dividend affirmation signals stability, moderately lifting sentiment without major trajectory shifts.

30 Jun

3

Woodward (WWD) upgraded to Strong Buy rating. Analyst upgrade signals improved outlook likely to influence near-term investor sentiment and share price.

29 May

3

Susquehanna expresses bullish outlook on Woodward (WWD) citing aerospace demand as key driver for long-term growth. Positive analyst note on aerospace demand may lift near-term investor sentiment for Woodward.

27 May

3

Woodward (WWD) presents three factors that position the company for sustained growth and appeal to growth-focused investors. Positive investor-focused analysis may moderately lift sentiment and near-term trading interest without altering fundamentals.

2 May

4

Woodward, Inc. exceeded revenue forecasts by 8.2%, prompting analysts to update their estimates. Beating revenue forecasts by 8.2% with analysts updating estimates signals significant positive impact on financial performance and investor sentiment.

stockrow.com/WWD · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com