Zacks Investment Research·6 days ago
Woodward (WWD) Upgraded to Strong Buy: Here's WhyWoodward (WWD) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Woodward, Inc.(WWD)Earnings, Financials & Key Ratios
WWD•NASDAQ
$420.93
58.5× P/E·Price updated Jul 2, 2026
AboutWoodward, Inc. designs, manufactures, and services control solutions for the aerospace and industrial markets worldwide. The company operates through two segments: Aerospace and Industrial. The Aerospace segment provides fuel pumps, metering units, actuators, air valves, specialty valves, fuel nozzles, and thrust reverser actuation systems for turbine engines and nacelles, and flight deck controls, actuators, servocontrols, motors, and sensors for aircraft. These products are used on commercial and private aircraft and rotorcraft, as well as on military fixed-wing aircraft and rotorcraft, guided weapons, and other defense systems. It also provides aftermarket maintenance, repair and overhaul, and other services to commercial airlines, repair facilities, military depots, third party repair shops, and other end users. This segment sells its products to original equipment manufacturers (OEMs), tier-one suppliers, and various contractors, as well as through aftermarket sales of components, such as provisioning spares or replacements, and spare parts. The Industrial segment offers actuators, valves, pumps, fuel injection systems, solenoids, ignition systems, speed controls, electronics and software, and sensors. These products are used on industrial gas turbines, steam turbines, compressors, and reciprocating engines. This segment sells its aftermarket products, and other related services to OEMs through an independent network of distributors, as well as directly to end users. The company was founded in 1870 and is headquartered in Fort Collins, Colorado.Show more
- Revenue$3.57B+7.3%
- EBITDA$624M+12.3%
- Net Income$442M+18.5%
- EPS (Diluted)7.19+19.6%
- Gross Margin26.81%+1.7%
- EBITDA Margin17.51%+4.6%
- Operating Margin14.33%+8.3%
- Net Margin12.39%+10.5%
- ROE18.64%+6.2%
WWD Price & Volume
Woodward, Inc. (WWD) stock price & volume — 10-year historical chart
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Aerospace Recovery Drives Revenue Growth Amid Volatility
Investment Thesis • Updated 2026Q2
VerdictNeutral
Growth:Accelerating
Profitability:Moderate
Financial:Healthy
Cash Flow:Mixed
Primary Risk:Working capital volatility
Key Thesis Takeaways
- Woodward is currently benefiting from a robust aerospace recovery, evidenced by a 23.4% revenue growth rate in 2026Q2, though investors should remain cautious regarding the sustainability of these gains given the company's inconsistent cash conversion and rising goodwill.
- While operating leverage is scaling effectively with volume, the firm's aggressive capital allocation strategy, including $225.9 million in share repurchases during 2026Q2, may strain liquidity if working capital volatility persists.
- Future performance will likely depend on the company's ability to stabilize its free cash flow margins, which have fluctuated wildly from 0.1% to 18.2% over the past two years.
Verdict Logic
while the company shows strong revenue momentum, the current P/E ratio of 60.03 and inconsistent cash conversion suggest that the stock may be fully valued relative to its operational risks.
WWD Growth Metrics
Woodward, Inc. (WWD) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years5.76%
5 Years7.41%
3 Years14.4%
TTM19.03%
Profit CAGR
10 Years9.31%
5 Years12.96%
3 Years37.06%
TTM34.71%
EPS CAGR
10 Years10.09%
5 Years13.96%
3 Years38.44%
TTM34.89%
Return on Capital
10 Years10.2%
5 Years9.78%
3 Years11.91%
Last Year14.26%
WWD Recent Earnings
Woodward, Inc. (WWD) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 12/12 qtrs (100%)●Beat Revenue 10/12 qtrs (83%)
Q2 2026Latest
Apr 29, 2026Metric
Actual
Est
EPS
$2.27+8.1%
$2.10
Rev
$1.1B+8.0%
$1.0B
Q1 2026
Feb 2, 2026Metric
Actual
Est
EPS
$2.17+31.5%
$1.65
Rev
$996M+11.9%
$890M
Q4 2025
Nov 24, 2025Metric
Actual
Est
EPS
$2.09+11.2%
$1.88
Rev
$995M+5.9%
$940M
Q3 2025
Jul 28, 2025Metric
Actual
Est
EPS
$1.76+8.6%
$1.62
Rev
$915M-2.7%
$941M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 29, 2026 | $2.27vs $2.10+8.1% | $1.1Bvs $1.0B+8.0% |
| Q1 2026 | Feb 2, 2026 | $2.17vs $1.65+31.5% | $996Mvs $890M+11.9% |
| Q4 2025 | Nov 24, 2025 | $2.09vs $1.88+11.2% | $995Mvs $940M+5.9% |
| Q3 2025 | Jul 28, 2025 | $1.76vs $1.62+8.6% | $915Mvs $941M-2.7% |
Based on last 12 quarters of dataView full earnings history →
Latest WWD News
Recent stock market news and headlines for Woodward, Inc. (WWD)
Zacks Investment Research·6 days ago
This Top Aerospace Stock is a #1 (Strong Buy): Why It Should Be on Your RadarWondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Rank.
GlobeNewsWire·Jun 25, 2026
Woodward Announces Declaration of DividendFORT COLLINS, Colo., June 25, 2026 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ:WWD) today announced that its Board of Directors declared a cash dividend of $0.32 per share for the quarter, payable on September 3, 2026, for stockholders of record as of August 20, 2026.
Investors Business Daily·Jun 17, 2026
Satellite Play Woodward Stock Powers Past A Buy ZoneThis aerospace and industrial power systems stock hit an all-time high on Wednesday. Its helps power satellites, missiles and data centers.
Zacks Investment Research·Jun 17, 2026
Woodward (WWD) Surges 4.7%: Is This an Indication of Further Gains?Woodward (WWD) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.
Peers Comparison
Key metrics vs top competitors for Woodward, Inc. (WWD)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $420.93 | $25.09B | 58.54 | 7.3% | 12.39% | 18.64% | 0.25% | |
| $757.76 | $27.97B | 58.88 | 12.08% | 14.17% | 19.64% | — | |
| $42.69 | $11.39B | 41.44 | 12.8% | 7.85% | 10.79% | — | |
| $53.04 | $9.95B | 408.00 | 18.52% | 2.08% | 1.26% | — | |
| $1309.18 | $73.23B | 40.81 | 11.22% | 21.29% | — | — | |
| $359.70 | $50.11B | 73.41 | 16.26% | 16.08% | 16.23% | — |
Compare WWD vs Peers
Woodward, Inc. (WWD) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
WWD SEC Filings & Documents
Woodward, Inc. (WWD) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
Apr 29, 2026·SEC
Material company update
Apr 27, 2026·SEC
Material company update
Apr 24, 2026·SEC
10-K Annual Reports
310-Q Quarterly Reports
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WWD Frequently Asked Questions
Woodward, Inc. (WWD) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Woodward, Inc.'s revenue?
Woodward, Inc. (WWD) reported $4.00B in revenue for fiscal year 2025. This represents a 858% increase from $417.3M in 1996.
How fast is Woodward, Inc. growing?
Woodward, Inc. (WWD) grew revenue by 7.3% over the past year. This is steady growth.
Is WWD profitable?
Yes, Woodward, Inc. (WWD) is profitable, generating $513.8M in net income for fiscal year 2025 (12.4% net margin).
Dividend & Returns
Does WWD pay dividends?
Yes, Woodward, Inc. (WWD) pays a dividend with a yield of 0.25%. This makes it attractive for income-focused investors.
What is WWD's return on equity?
Woodward, Inc. (WWD) has a return on equity (ROE) of 18.6%. This is reasonable for most industries.
What is Woodward, Inc.'s free cash flow?
Woodward, Inc. (WWD) generated $388.6M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.