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Curtiss-Wright Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Curtiss-Wright holds $5.3B in total assets. Shareholders' equity is $2.6B against $1.1B in total debt. Cash and equivalents total $343.4M. The current ratio is 1.52 and debt-to-equity is 0.436. Based on the Q1 2026 filing.

Total Assets$5.3BTotal Stockholders Equity$2.6BLong Term Debt$757.6MCash And Equivalents$343.4MTotal Current Assets$2.1BTotal Current Liabilities$1.4B
Latest FilingQ1 2026
Report Date2026-05-07
Market Cap$26.2B
P/E Ratio51.34
ROE19.69%

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts payable$247.2M$237.7M$261.1M$270.3M$310.3M$277.2M
Accrued expenses$162.2M$180.8M$178.8M$227.6M$172.6M$203.2M
Accrued interest$13.8M———$13.4M—
Accrued Manufacturing Costs$162.2M———$172.6M—
Current Pension and Postretirement Benefit Liabilities$5.4M———$6.5M—
Other Commercial Liabilities$219.1M$180.8M$178.8M$227.6M$242.9M$203.2M
Commissions and Contract Termination Costs$6.0M———$7.5M—
Accrued Liabilities, Current$219.1M$180.8M$178.8M$227.6M$242.9M$203.2M
Deferred income$459.4M$448.0M$500.2M$503.6M$561.5M$569.0M
Compensation and benefits$162.2M———$172.6M—
Other accrued liabilities$80.3M$87.4M$86.4M$99.7M$90.9M$110.8M
Current portion of long-term debt$1.3M$0.0$0.0$0.0$0.0$200.0M
Deferred revenue$3.4B$3.7B$3.9B$3.9B$4.1B$4.3B
Note payable to DIRECTV$80.3M$87.4M$86.4M$99.7M$90.9M$110.8M
Standard Product Warranty Accrual$13.4M———$14.9M—
Total current liabilities$1.1B$953.9M$1.0B$1.1B$1.4B$1.4B
Claims and insurance accruals$9.1M———$10.0M—

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts receivable, net$835.0M$911.3M$961.6M$976.9M$932.3M$996.3M
Allowance for Doubtful Accounts$4.2M$5.4M$6.2M$6.9M$6.4M$6.6M
Allowance for Doubtful Accounts Receivable (Current)$4.2M$5.4M$6.2M$6.9M$6.4M$6.6M
Cash and cash equivalents$385.0M$226.5M$331.7M$225.4M$371.3M$343.4M
Contract Assets, Net$23.9M———$24.6M—
Finished goods$134.6M$140.8M$146.8M$149.1M$146.7M$160.7M
Other current assets$88.1M$84.1M$95.6M$87.9M$99.7M$91.2M
Finished goods$134.6M$140.8M$146.8M$149.1M$146.7M$160.7M
Raw materials$262.4M$274.9M$293.9M$302.2M$288.4M$289.6M
Work in process$108.1M$118.6M$124.5M$137.8M$130.5M$140.7M
Inventories$541.4M$578.1M$610.9M$636.9M$615.1M$640.6M
Prepaid expenses and other current assets$88.1M$84.1M$95.6M$87.9M$99.7M$91.2M
Total current assets$1.8B$1.8B$2.0B$1.9B$2.0B$2.1B

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Additional paid-in capital$147.9M$145.2M$149.7M$160.4M$165.0M$162.3M
Accumulated other comprehensive income (loss)-$243.2M-$224.3M-$168.1M-$185.9M-$173.8M-$194.0M
Common stock100M100M100M100M100M100M
Common Stock Par Value Per Share$1.00$1.00$1.00$1.00$1.00$1.00
Common Stock Shares Issued49.2M49.2M49.2M49.2M49.2M49.2M
Additional paid-in capital$147.9M$145.2M$149.7M$160.4M$165.0M$162.3M
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively$49.2M$49.2M$49.2M$49.2M$49.2M$49.2M
Treasury Stock, Value$1.4B$1.4B$1.4B$1.7B$1.8B$1.8B
Retained earnings$3.9B$4.0B$4.1B$4.2B$4.3B$4.4B
Total liabilities and stockholders' equity$5.0B$5.0B$5.2B$5.1B$5.2B$5.3B
Total stockholders' equity$2.4B$2.6B$2.7B$2.5B$2.5B$2.6B
Treasury stock$1.4B$1.4B$1.4B$1.7B$1.8B$1.8B

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Asset retirement obligations$9.0M———$10.0M—
Debt Maturity - 2027$0.0———$157.5M—
Debt Maturity - Thereafter$600.0M———$450.0M—
Debt - Unamortized Discount (Premium) and Issuance Costs, Net$1.3M$1.3M$1.2M$1.2M$1.1M$1.1M
Deferred tax liabilities$3.8M$139.4M$144.8M$145.1M$9.4M$159.6M
Defined Benefit Pension Plan Liabilities (Non-Current)$67.4M$68.2M$69.7M$73.8M$71.4M$69.2M
Hedge Accounting Fair Value Adjustments-$2.8M-$2.4M-$2.1M-$1.8M-$1.5M-$1.2M
Long-term debt$958.9M$958.6M$958.4M$968.6M$757.9M$757.6M
Retirement and nonpension postretirement benefit obligations$67.4M$68.2M$69.7M$73.8M$71.4M$69.2M
Operating lease liabilities, non-current$148.2M$161.8M$171.0M$164.8M$178.5M$190.7M
Other non-current liabilities$124.8M$110.7M$112.3M$119.1M$120.4M$100.9M
Total Carrying Value of Debt$1.0B$957.5M$957.5M$968.0M$957.5M$957.5M
Total liabilities$2.5B$2.4B$2.5B$2.6B$2.7B$2.6B
Unrecognized Tax Benefits$19.0M———$21.0M—
Unrecognized Tax Benefits - Impacting Effective Tax Rate$16.2M———$18.2M—

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Cumulative Cost Basis$1.2B———$1.3B—
Deferred Revenue Timing Percentage90.0%90.0%90.0%90.0%90.0%90.0%
Defined Benefit Plan Weighted Average Asset Allocation————0.9—
Accounts Receivable, Allowance for Credit Loss$4.2M$5.4M$6.2M$6.9M$6.4M$6.6M
Asset Retirement Obligation$9.0M———$10.0M—
Retentions held by customers$479.8M$515.7M$549.6M$561.8M$526.3M$551.0M
Common stock, par value (in dollars per share)$1.0$1.0$1.0$1.0$1.0$1.0
Common stock, shares authorized (in shares)$100.0M$100.0M$100.0M$100.0M$100.0M$100.0M
Common stock, shares issued (in shares)$49.2M$49.2M$49.2M$49.2M$49.2M$49.2M
Common Stock, Shares, Outstanding$37.7M$37.7M$37.7M$37.1M$36.9M$36.9M
Covenant Ratio, Debt To Capitalization Limit Following Acquisition65.0%———65.0%—
Short-term debt and current portion of long-term debt$90.0M$0.0$0.0$0.0$200.0M$200.0M
Long-term debt, gross$1.0B$957.5M$957.5M$968.0M$957.5M$957.5M
Deferred Gain (Loss) on Discontinuation of Interest Rate Fair Value Hedge-$2.8M-$2.4M-$2.1M-$1.8M-$1.5M-$1.2M
Deferred Tax Liabilities, Gross$312.1M———$327.6M—
Deferred income taxes$140.7M$139.4M$144.8M$145.1M$154.0M$159.6M
Capitalized R&D$60.8M———$52.5M—
Operating lease liabilities$40.8M———$37.7M—
Deferred Tax Assets, Net of Valuation Allowance$186.6M———$187.1M—
Net noncurrent deferred tax assets$10.2M———$9.5M—
Deferred Tax Assets, Operating Loss Carryforwards$6.4M———$5.3M—
U.S. federal, state and foreign net operating loss, credit carryforwards and other carryforwards$18.5M———$21.3M—
Allowance for unfunded lending related commitments$34.3M———$44.5M—
Reserve for uncertain tax position$9.3M———$10.0M—
Deferred Tax Assets, Valuation Allowance$5.0M———$4.0M—
Deferred Tax Liabilities, Net$130.5M———$144.5M—
Contract revenue recognition$15.3M———$13.3M—
Deferred Tax Liabilities Goodwill And Intangible Assets Goodwill$117.3M———$127.6M—
Federal and state intangible assets$62.3M———$55.6M—
Deferred Tax Liabilities, Net, Noncurrent 1$140.7M———$154.0M—
Deferred Tax Liabilities, Other$3.8M———$9.4M—
Net pension (liability)/asset$46.8M———$53.5M—
Deferred Tax Liabilities, Property, Plant and Equipment$14.9M———$18.5M—
Withholding Taxes$13.0M———$14.7M—
Operating lease right-of-use assets, net$38.7M———$35.0M—
Less: Fair value of plan assets at end of period$956.9M———$1.0B—
Finite-Lived Intangible Assets, Accumulated Amortization$670.1M$690.4M$716.6M$732.4M$751.3M$758.7M
2028$59.0M$56.0M$57.0M$57.0M$57.0M$51.0M
2030$50.0M$50.0M$51.0M$51.0M$51.0M$49.0M
Remainder of 2026—$72.0M$73.0M$73.0M—$60.0M
2027$72.0M$59.0M$60.0M$60.0M$60.0M$56.0M
2029$56.0M$51.0M$51.0M$51.0M$51.0M$50.0M
Gross Carrying Amount$1.3B$1.3B$1.3B$1.3B$1.3B$1.3B
Inventoried costs related to U.S. Government and other long-term contracts, net of progress payments$36.4M$43.7M$45.8M$47.8M$49.6M$49.7M
Fair value of long-term debt$966.7M$895.7M$903.5M$921.6M$912.4M$909.3M
2028$200.0M———$0.0—
2029$0.0———$157.5M—
2029$0.0———$150.0M—
2030$157.5M———$0.0—
Thereafter$600.0M———$450.0M—
2027$90.0M———$200.0M—
Other accrued liabilities$23.0M———$27.1M—
Other$31.7M———$37.8M—
Current pension and PRB liabilities (included in Accrued employee compensation)$5.4M———$6.5M—
Standard and Extended Product Warranty Accrual$13.4M———$14.9M—
Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied$3.4B$3.7B$3.9B$3.9B$4.1B$4.3B
Treasury stock, shares (in shares)$11.5M$11.5M$11.5M$12.1M$12.3M$12.2M
Unbilled balances$359.4M$401.0M$418.3M$421.9M$412.4M$451.9M
Unrecognized tax benefits$19.0M———$21.0M—
Amount that if recognized, would affect the effective tax rate or regulatory liability$16.2M———$18.2M—
Valuation Allowances And Reserves Balance$5.0M———$4.0M—
Remainder of Fiscal Year 2024—$72.0M$73.0M$73.0M—$60.0M
Remainder of Fiscal Year 2025—$72.0M$73.0M$73.0M—$60.0M

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Deferred tax assets$6.4M-$2.3M$1.1M$6.8M$5.3M$2.5M
Deferred Tax Assets and Other Non-Current Assets$56.0M$55.1M$59.6M$60.6M$63.6M$66.4M
Deferred Tax Assets - Tax Credit Carryforwards$6.4M———$5.3M—
Finite-Lived Intangible Assets - Expected Amortization Expense (Year One)$50.0M$50.0M$51.0M$51.0M$51.0M$49.0M
Finite Lived Intangible Assets - Gross$1.3B$1.3B$1.3B$1.3B$1.3B$1.3B
Goodwill$1.7B$1.7B$1.7B$1.7B$1.7B$1.7B
Intangible assets, net$596.8M$583.1M$569.6M$550.2M$532.4M$516.1M
Net Investment in Lease$169.4M$183.8M$192.3M$185.4M$198.6M$211.0M
Net Operating Loss Carryforwards$18.5M———$21.3M—
Prepaid pension assets$299.1M$306.3M$314.9M$321.7M$333.5M$340.2M
Other intangible assets—net$596.8M$583.1M$569.6M$550.2M$532.4M$516.1M
Machinery and equipment$928.0M———$984.4M—
Operating lease right-of-use assets$169.4M$183.8M$192.3M$185.4M$198.6M$211.0M
Other non-current assets$56.0M$55.1M$59.6M$60.6M$63.6M$66.4M
Property, plant and equipment at cost$1.2B———$1.3B—
Operating lease right-of-use assets$0.0$183.8M$192.3M$185.4M$0.0$211.0M
Operating Lease Right-of-Use Assets in Other Assets$169.4M$183.8M$192.3M$185.4M$198.6M$211.0M
Other non-current assets$299.1M$306.3M$314.9M$321.7M$333.5M$340.2M
Accumulated depreciation$855.8M$690.4M$716.6M$732.4M$882.5M$758.7M
Buildings and improvements$251.2M———$260.8M—
Land$15.8M———$19.5M—
Machinery and equipment$928.0M———$984.4M—
Property and equipment, net$339.1M$349.8M$359.7M$364.2M$382.2M$379.5M
Software and Technology Licenses, Net$56.0M$55.1M$59.6M$60.6M$63.6M$66.4M
Tax Credit Carryforward Valuation Allowance$5.0M———$4.0M—
Total assets$5.0B$5.0B$5.2B$5.1B$5.2B$5.3B