Curtiss-Wright Corporation (CW) vs Textron Inc. (TXT)

Curtiss-Wright Corporation and Textron Inc. are both Aerospace & Defense companies. Curtiss-Wright Corporation is the larger, with a market value of $18.5B against $12.9B — 1.4× the size. Textron Inc. trades at the lower P/E: 14.3× against 34.4×. Curtiss-Wright Corporation grew revenue faster over the last twelve months: 10.5% against 8.80%. Curtiss-Wright Corporation has the higher net margin (14.8% vs 6.12%) and the higher return on invested capital (13.2% vs 6.25%). Both pay a dividend; Curtiss-Wright Corporation yields more (0.20% vs 0.11%). Across the 23 metrics below, Curtiss-Wright Corporation leads on 13 and Textron Inc. on 10.

Valuation

Metric CW TXT Aerospace & Defense median
P/E 34.38 14.33 31.81
P/S 5.08 0.86 3.55
P/B 6.70 1.64 2.59
Price to free cash flow 29.22 17.22 31.99
EV/EBITDA 23.63 10.79 18.08
EV/Sales 5.21 1.00 3.37
Earnings yield 2.91% 6.98% 1.38%
Free cash flow yield 3.42% 5.81% 0.21%

Profitability

Metric CW TXT Aerospace & Defense median
Gross margin 37.73% 17.77% 25.48%
Operating margin 18.78% 6.71% 4.54%
Net margin 14.81% 6.12% 2.22%
Free cash flow margin 17.38% 5.00% 1.43%
Return on equity 19.75% 12.10% 6.43%
Return on assets 10.16% 5.32% 2.70%
Return on invested capital 13.20% 6.25% 1.56%

Growth

Metric CW TXT Aerospace & Defense median
Revenue growth (TTM) 10.54% 8.80% 18.43%
EPS growth (last fiscal year) 21.99% 18.01% 24.27%
Revenue growth, 5-year CAGR 7.91% 4.90% 9.73%
Net income growth, 5-year CAGR 19.18% 24.41% 0.00%

Health

Metric CW TXT Aerospace & Defense median
Debt to equity 0.35 0.47 0.24
Current ratio 1.60 1.86 2.72
Net debt to EBITDA 0.77 1.32 1.12

Dividend

Metric CW TXT Aerospace & Defense median
Dividend yield 0.20% 0.11% 0.90%
Payout ratio 0.07 0.02 0.32

Size

Metric CW TXT Aerospace & Defense median
Market cap 18.52b 12.92b 2.19b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack