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Curtiss-Wright CW Covenant Ratio, Debt To Capitalization Limit Following Acquisition

Covenant Ratio, Debt To Capitalization Limit Following Acquisition at other companies

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60%

Other financials

Income statement

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Revenue$924.0M+5.4%
Gross profit$364.1M+11.6%
Operating income$178.7M+14.3%
Net income$151.2M+24.9%
EPS (diluted)$4.07+27.6%

Balance sheet

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Cash & equivalents$477.1M+43.9%
Total debt$1.1B+1.7%
Total equity$2.8B+2.1%
Total assets$5.5B+5.0%

Cash flow

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Operating cash flow$181.2M+32.7%
CapEx$29.5M+52.0%
Free cash flow$151.7M+29.5%

Valuation

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Market cap$27.65B+44.0%
Enterprise value$28.32B+41.6%
P/E51.1×+8.6×
P/S7.6×+1.8×

Profitability

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Gross margin37.7%+0.4pp
Operating margin18.8%+1.1pp
Net margin14.8%+1.2pp
FCF margin17.1%+1.9pp

Returns & leverage

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Return on equity19.7%+2.3pp
Debt / equity0.4×0.0×
Current ratio1.6×-0.3×

Where this comes from

Reported directly by Curtiss-Wright in its filing.

Tagged under the XBRL concept cw:CovenantRatioDebtToCapitalizationLimitFollowingAcquisition.

The source filing: Curtiss-Wright’s 10-K, filed February 12, 2026.

Filed
Feb 12, 2026, 2:03 PM EST
Fiscal year
FY2025
Accession
0001628280-26-007587

The Credit Agreement contains covenants that the Corporation considers usual and customary for an agreement of this type for comparable commercial borrowers, including a maximum consolidated debt to capitalization ratio of 60% (65% for four consecutive quarters following an acquisition greater than $100 million). The Credit Agreement has customary events of default, such as non-payment of principal when due; nonpayment of interest, fees, or other amounts; cross-payment default and cross-acceleration.

Item 8. Financial Statements and Supplementary Data.

FAQ

What is Curtiss-Wright's covenant ratio, debt to capitalization limit following acquisition?
Curtiss-Wright (CW) reported covenant ratio, debt to capitalization limit following acquisition of $0.65 in Q4 2025.
What is the long-term trend for Curtiss-Wright's covenant ratio, debt to capitalization limit following acquisition?
Over 3 years (2022 to 2025), Curtiss-Wright's covenant ratio, debt to capitalization limit following acquisition has grown at a 0.0% compound annual growth rate (CAGR), from $0.65 to $0.65.
What does covenant ratio, debt to capitalization limit following acquisition mean?
Covenant Ratio, Debt To Capitalization Limit Following Acquisition as reported by Curtiss-Wright Corp..

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