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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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Home›WWD›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

Woodward, Inc. (WWD) financials

Income statement

Woodward, Inc. (WWD) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$2.02B$2.10B$2.33B$2.90B$2.50B$2.25B$2.38B$2.91B$3.32B$3.57B
Revenue growth—3.7%10.8%24.7%-13.9%-10.0%6.1%22.3%14.1%7.3%
Net income$181M$201M$180M$260M$240M$209M$172M$232M$373M$442M
Net margin8.9%9.6%7.8%9.0%9.6%9.3%7.2%8.0%11.2%12.4%
EPS (diluted)$2.85$3.16$2.82$4.02$3.74$3.18$2.71$3.78$6.01$7.19

Cash flow

Woodward, Inc. (WWD) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$435M$308M$299M$391M$349M$465M$194M$309M$439M$471M
Capital expenditures$176M$92.3M$127M$99.1M$47.1M$37.7M$52.9M$76.5M$96.3M$131M
Free cash flow$260M$215M$172M$292M$302M$427M$141M$232M$343M$340M
Share buybacks$126M$71.8M$0.00$110M$13.3M$33.3M$485M$126M$391M$173M

Balance sheet

Woodward, Inc. (WWD) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$81.1M$87.6M$83.6M$99.1M$153M$448M$108M$137M$282M$327M
Total assets$2.64B$2.76B$3.79B$3.96B$3.90B$4.09B$3.81B$4.01B$4.37B$4.63B
Total liabilities$1.43B$1.39B$2.25B$2.23B$1.91B$1.88B$1.91B$1.94B$2.19B$2.06B
Long-term debt$577M$580M$1.09B$865M$737M$734M$710M$646M$570M$457M
Shareholders' equity$1.21B$1.37B$1.54B$1.73B$1.99B$2.21B$1.90B$2.07B$2.18B$2.57B
Retained earnings$1.65B$1.82B$1.97B$2.22B$2.43B$2.60B$2.73B$2.91B$3.22B$3.60B
Shares (wtd avg diluted)63.6M63.5M63.9M64.5M64.2M65.6M63.3M61.5M62.1M61.5M

Every figure is extracted from Woodward, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Woodward, Inc.'s annual revenue?
Woodward, Inc. (WWD) reported $3.57B of revenue for fiscal year 2025 — up 7.3% from $3.32B in FY2024, per its annual report filed with the SEC.
Is Woodward, Inc. profitable?
Yes — WWD earned $442M of net income in FY2025, a 12.4% net margin, per SEC filings.
What is Woodward, Inc.'s free cash flow?
$340M in FY2025 (operating cash flow $471M minus $131M of capital expenditures), from the SEC cash-flow statement.
Does WWD pay a dividend?
Woodward, Inc. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full WWD analysis — verdict, score & filings →Is WWD a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.