Woodward, Inc. (WWD) Financial Statements
Industry: Electrical Industrial Apparatus
In fiscal 2025, Woodward reported revenue of $3.57B, up 7.3% from $3.32B the year before. Net income was $442.1M (a 12.4% net margin), or $7.19 per diluted share. Gross margin was 26.8% and operating margin was 19.3%. Operating activities generated $471.3M of cash, leaving $340.4M of free cash flow. At fiscal year end, Woodward held $4.63B in total assets against $2.06B in total liabilities, including $327.4M of cash and equivalents.
Open the full interactive Woodward financials → Quarterly statements, key ratios, valuation history and price charts.
Woodward Key Stats
| Share Price | $332.50 |
|---|---|
| Market Cap | $20.29B |
| P/E Ratio | 46.2 |
| Revenue YoY Growth | +7.3% |
| 52-Week Range | $246.06 – $436.05 |
| Shares Outstanding | 59.4 million (basic, 2026 Q3) |
Woodward Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $2.50B | $2.25B | $2.38B | $2.91B | $3.32B | $3.57B |
| Cost of Goods Sold | $1.86B | $1.69B | $1.86B | $2.24B | $2.45B | $2.61B |
| Gross Profit | $640.2M | $551.1M | $525.3M | $677.6M | $876.5M | $956.3M |
| Operating Income | $289.4M | $247.1M | $202.5M | $275.8M | $428.3M | $689.1M |
| Pre-Tax Income | $281.9M | $245.8M | $199.9M | $275.8M | $454.0M | $521.4M |
| Income Tax | $41.5M | $37.1M | $28.2M | $43.4M | $81.0M | $79.3M |
| Net Income | $240.4M | $208.6M | $171.7M | $232.4M | $373.0M | $442.1M |
| Diluted EPS | $3.74 | $3.18 | $2.71 | $3.78 | $6.01 | $7.19 |
Woodward Quarterly Results
| 2025 Q4 | 2026 Q1 | 2026 Q2 | 2026 Q3 | |
|---|---|---|---|---|
| Revenue | $995.3M | $996.5M | $1.09B | $1.11B |
| Net Income | $137.6M | $133.7M | $134.0M | $146.7M |
| Diluted EPS | $2.24 | $2.17 | $2.19 | $2.40 |
Woodward Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | — | — | — | $137.4M | $282.3M | $327.4M |
| Current Assets | $1.21B | $1.46B | $1.31B | $1.47B | $1.74B | $1.88B |
| Total Assets | $3.90B | $4.09B | $3.81B | $4.01B | $4.37B | $4.63B |
| Current Liabilities | $392.3M | $366.3M | $539.1M | $617.2M | $923.5M | $907.4M |
| Total Long-Term Debt | $838.5M | $734.9M | $710.6M | $721.5M | $655.5M | $579.9M |
| Total Liabilities | $1.91B | $1.88B | $1.91B | $1.94B | $2.19B | $2.06B |
| Shareholders' Equity | $1.99B | $2.21B | $1.90B | $2.07B | $2.18B | $2.57B |
Woodward Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $349.5M | $464.7M | $193.6M | $308.5M | $439.1M | $471.3M |
| Cash From Investing | -$6.9M | -$35.3M | -$65.4M | -$73.6M | -$89.2M | -$119.6M |
| Cash From Financing | -$290.2M | -$136.3M | -$442.4M | -$196.5M | -$218.0M | -$313.9M |
| Free Cash Flow | $302.4M | $427.0M | $140.8M | $232.0M | $342.8M | $340.4M |
Figures from Woodward's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Woodward financials page for every line item.
Woodward Company Profile
| Ticker | WWD |
|---|---|
| Exchange | Nasdaq |
| Industry | Electrical Industrial Apparatus |
| Headquarters | Fort Collins, Colorado |
| Incorporated in | Delaware |
| Fiscal Year End | September 30 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000108312 |
Frequently Asked Questions
What was Woodward's revenue in fiscal 2025?
Woodward (WWD) reported revenue of $3.57B for fiscal 2025.
What is Woodward's annual revenue history?
Woodward's annual revenue by fiscal year: 2020: $2.50B; 2021: $2.25B; 2022: $2.38B; 2023: $2.91B; 2024: $3.32B; 2025: $3.57B.
What was Woodward's net income in fiscal 2025?
Woodward reported net income of $442.1M for fiscal 2025.
What was Woodward's earnings per share (EPS) in fiscal 2025?
Woodward's diluted EPS was $7.19 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Woodward generate in fiscal 2025?
Woodward generated $340.4M of free cash flow in fiscal 2025.
What was Woodward's revenue last quarter?
In its most recent reported quarter (2026 Q3), Woodward reported revenue of $1.11B.
How much debt does Woodward have?
Woodward reported $579.9M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Woodward are outstanding?
Woodward reported a weighted average of 59.4 million basic shares outstanding in 2026 Q3.
What is Woodward's market cap?
Based on its latest closing price, Woodward (WWD) has a market capitalization of about $20.29B.
When does Woodward's fiscal year end?
Woodward's fiscal year end, as registered with the SEC, is September 30.
Where is Woodward headquartered?
Woodward lists its business address in Fort Collins, Colorado in its SEC filings.