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Woodward

WWD

Woodward, Inc. is an independent designer and manufacturer of energy control and optimization solutions for the aerospace and industrial markets.

Market cap
$23.81B+58.6%
Revenue$4.0B+19.0%
Net income$513.8M+34.7%
Free cash flow$388.6M+23.2%
EPS (diluted)$8.35+34.9%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 27, 2026 (In 2 weeks)
Revenue estimate$1.1B
EPS estimate$2.39

Financials

Q2 2026

Income statement

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Revenue$1.1B+23.4%
Gross profit$315.9M+31.6%
Net income$134.0M+23.0%
EPS (diluted)$2.19+23.0%

Balance sheet

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Cash & equivalents$501.2M+37.6%
Total debt$1.1B+42.7%
Total equity$2.5B+8.0%
Total assets$5.0B+10.6%

Cash flow

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Operating cash flow$90.8M+16.7%
CapEx$52.6M+186%
Free cash flow$38.2M-35.6%

Valuation & ratios

Valuation

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Market cap$23.81B+58.6%
Enterprise value$24.39B+58.3%
P/E46.3×+7.6×
P/S+1.6×

Profitability

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Gross margin28.4%+2.6pp
Net margin12.9%+1.5pp
FCF margin9.7%+0.3pp

Returns & leverage

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Return on equity21.1%+4.8pp
Debt / equity0.4×+0.1×
Current ratio1.7×-0.2×

Segments

By product

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Commercial Aftermarket$275.4M+36.4%
Commercial OEM$218.0M+30.2%
Transportation$176.9M+33.9%
Defense Aftermarket$150.9M+177%
Power Generation$135.9M+7.4%

By segment

See full
Aerospace$703.3M+25.2%
Industrial$387.2M+20.3%

Competitors

Profile

Woodward, Inc. is an independent designer and manufacturer of energy control and optimization solutions for the aerospace and industrial markets. The company provides critical systems for fluid energy, combustion, electrical energy, and motion control to enhance equipment efficiency and reliability. Its value proposition centers on partnering with original equipment manufacturers to integrate advanced fuel, actuation, and electronic systems into high-performance platforms.

Competitive position

A leading independent provider with significant content on major aircraft platforms and a strong presence in high-barrier markets requiring government certification.

GeographiesUnited States, Europe, Asia
Customer segmentsCommercial Aviation, Defense and Space, Power Generation, Oil and Gas, Transportation
Business modelOriginal Equipment Manufacturing (OEM), Aftermarket Services, Maintenance, Repair, and Overhaul (MRO)
SuppliersAluminum suppliers, Iron and steel providers, Electronic component manufacturers, Specialty metal suppliers (gold, copper, nickel)
CustomersCommercial aircraft manufacturers, Defense prime contractors, Turbine and engine OEMs, Commercial airlines, Military depots
Listed1996
Employees8.3K
CEOCharles Blankenship Jr.
FilingsSEC EDGAR

Questions, answered.

What is Woodward's market cap?
Woodward (WWD) has a market capitalization of $23.8B and trades on NASDAQ.
What is Woodward's revenue and profitability?
Woodward generated $4.0B in trailing twelve-month revenue with net income of $513.8M, representing a net margin of 12.9%. Gross margin stands at 28.4%, with free cash flow of $388.6M. These figures are based on the Q1 2026 filing.
Who are Woodward's competitors?
Woodward's key competitors include Parker Hannifin, Honeywell, Eaton, and others. These companies compete in similar markets and product categories.
Who does Woodward partner with?
Woodward's notable partners include GE Aerospace, Collins Aerospace, CFM International.
What subsidiaries does Woodward have?
Woodward's subsidiaries include Woodward L'Orange.
Where is Woodward headquartered?
Woodward is headquartered in United States of America and employs approximately 8,300 people. It has been publicly traded since 1996.