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NASDAQ · ELECTRICAL INDUSTRIAL APPARATUS · LARGE CAP

Woodward, Inc. WWD

18 fiscal years on record · USD · FY2025 reported · SEC filings only
4 YEARS OF DIVIDEND GROWTH
$3.6B
▲ 7.3% YoY
$442.1M
▲ 18.5% YoY
$340.4M
▼ 0.7% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Woodward, Inc. is an independent designer, manufacturer, and services provider of control solutions for the aerospace and industrial markets. It operates manufacturing and assembly plants primarily in the United States, Europe, and Asia. Sales to its five largest customers represented approximately 36% of its consolidated net sales for the fiscal year ended September 30, 2025 and 35% in the fiscal year ended September 30, 2024. As of October 31, 2025, it employed approximately 10,200 full-time members, of which approximately 30% were located outside of the United States, with the majority of such members located in Germany, Poland, and China. It serves the aerospace and industrial markets through two reportable segments: Aerospace and Industrial. Woodward was established in 1870, incorporated in 1902, and is headquartered in Fort Collins, Colorado.

Written from the business description in WOODWARD, INC.'s annual report to the U.S. Securities and Exchange Commission, filed 25 November 2025. Every sentence was checked against that document before publication.

Growth

USD 3.6B
Revenue, FY2025 · full 18-year series below
Revenue $B Net income $B
FY2025 · Revenue 3.6 · Net income 0.4
2B3B
2008201120142017202020232025
Compound annual growth
+14.4%
+7.4%
+5.8%
+6.2%
+37.1%
+13.0%
+9.3%
+9.7%
+38.4%
+14.0%
+10.1%
+10.6%
+14.2%
+12.5%
+11.1%
+10.6%
−29.1%
+66.9%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +7.4% a year over the five years to FY2025 — but profit grew faster: net income at +13.0%, earnings per share at +14.0%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

12 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 14.6% · Net 12.4%
5%10%
200820162025
ROE
FY2025 · ROE 18.6%
5%10%15%
200820162025
Three returns, three denominators.
Return on capital employedNot available: we don't have a clean operating profit figure for this period.

Each USD of equity produced 19 cents of profit this year.

Cash & shareholders

USD 172.9M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 340.4
150M300M
200820162025
Net buybacks $M Dividends $M
FY2025 · Dividends · · Net buybacks 172.9
200M400M
2008201120142017202020232025

USD 172.9M in buybacks — 39% of the year's profit went back to shareholders.

Total assetsUSD 4.6B
EquityUSD 2.6B
CashUSD 327.4M
Gross debtUSD 579.9M
Net debtUSD 252.5M
Current ratio2.08×

Net debt stands at 10% of equity.

The 18-year record

18 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative—not applicable◌not available in our data
WWD, 18-year financial record
Metric 202520242023202220212020201920182017201620152014201320122011201020092008
Revenue $B3.63.32.92.42.22.52.92.32.12.02.02.01.91.91.71.51.41.3
Operating income $B0.50.50.30.20.20.30.30.20.30.20.20.2◌◌◌◌◌◌
EBITDA $B0.60.60.40.30.40.40.50.30.30.30.30.3◌◌◌◌◌◌
Income tax $B0.10.10.00.00.00.00.10.00.10.00.10.10.10.10.10.00.00.1
Net income $B0.40.40.20.20.20.20.30.20.20.20.20.20.10.10.10.10.10.1
Free cash flow $B0.30.30.20.10.40.30.30.20.20.30.00.10.10.10.10.20.20.1
EPS, diluted $7.196.013.782.713.183.744.022.823.162.852.752.452.102.011.891.591.371.75
Dividend / sh $1.090.970.850.730.570.600.630.550.480.430.380.320.320.310.270.240.240.23
Payout % — not applicable: no dividend——————————————————
ROE %18.617.611.78.39.912.915.912.415.515.315.714.413.614.715.414.714.119.3

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

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Provenance

Company facts, as filed

How we verify · 0 failures in 70 reconciliationsAUDITED

Reconciled in 18 of the 18 fiscal years we could check. Four checks were skipped: the balance sheet is not tagged before 2009. One check was skipped: EPS is not tagged before 2008. One check was skipped: revenue is not tagged before 2008.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityElectrical Industrial Apparatus
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsSeptember 30
Data on record since2008

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