Discontinued — last reported Q4 '19

Operating

Pension Expense

Woodward Pension Expense decreased by 34.6% to -$1.17M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 14.4%, from -$1.02M to -$1.17M. Over 4 years (FY 2021 to FY 2025), Pension Expense shows an upward trend with a -16.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalHigher is better
VolatilityStable
First reportedQ1 2013
Last reportedQ4 2019

How to read this metric

Higher non-cash expenses increase the add-back to net income, improving reported operating cash flow without affecting actual cash reserves.

Detailed definition

Captures the non-cash portion of pension and postretirement benefit costs, such as amortization of actuarial gains or lo...

Peer comparison

Standard adjustment for companies with legacy defined benefit pension plans.

Metric ID: pension_and_postretirement_expense

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value-$1.77M-$1.63M-$1.16M-$1.33M-$947.00K-$982.00K-$664.00K$0.00-$164.00K-$130.00K-$434.00K-$806.00K-$246.00K-$351.00K-$840.00K-$1.02M-$795.00K-$752.00K-$866.00K-$1.17M
QoQ Change+8.1%+28.5%-14.5%+28.9%-3.7%+32.4%+100.0%+20.7%-233.8%-85.7%+69.5%-42.7%-139.3%-21.3%+22.0%+5.4%-15.2%-34.6%
YoY Change+46.5%+39.6%+42.9%+100.0%+82.7%+86.8%+34.6%-50.0%-170.0%-93.5%-26.4%-223.2%-114.2%-3.1%-14.4%
Range-$1.77M$0.00
CAGR-8.4%
Avg YoY Growth-17.5%
Median YoY Growth-3.1%
Current Streak2 quarters decline

Frequently Asked Questions

What is Woodward's pension expense?
Woodward (WWD) reported pension expense of -$1.17M in Q1 2026.
How has Woodward's pension expense changed year-over-year?
Woodward's pension expense decreased by 14.4% year-over-year, from -$1.02M to -$1.17M.
What is the long-term trend for Woodward's pension expense?
Over 4 years (2021 to 2025), Woodward's pension expense has grown at a -16.0% compound annual growth rate (CAGR), from -$6.85M to -$3.41M.
What does pension expense mean?
Non-cash accounting charges related to employee pension and retirement benefit plans.