CW · Curtiss Wright Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $913.69M | - | $869.17M | $876.58M | $805.64M | - | $798.92M | $784.79M | $713.17M | - |
| Cost of Revenue | $582.20M | - | $541.70M | $550.42M | $513.18M | - | $500.65M | $500.69M | $459.41M | - |
| Gross Profit | $331.48M | - | $327.47M | $326.16M | $292.46M | - | $298.26M | $284.10M | $253.75M | - |
| R&D | $24.18M | - | $23.41M | $23.31M | $23.02M | - | $20.73M | $22.15M | $22.98M | - |
| SG&A | $102.34M | - | $96.45M | $104.07M | $99.03M | - | $92.03M | $95.01M | $94.05M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $28.36M | - | $31.19M | $31.31M | $30.82M | - | - | - | $26.98M | - |
| Operating Income | $159.51M | - | $166.25M | $156.31M | $129.21M | - | $144.90M | $128.90M | $99.96M | - |
| Interest Expense | $9.94M | - | $10.48M | $10.52M | $10.14M | - | $11.41M | $11.22M | $10.57M | - |
| Income Tax | $29.58M | - | $36.32M | $35.70M | $23.75M | - | $32.46M | $26.77M | $22.50M | - |
| Net Income | $128.19M | - | $124.83M | $121.06M | $101.34M | - | $111.16M | $99.47M | $76.50M | - |
| EPS - Basic | $3.47 | - | $3.34 | $3.21 | $2.69 | - | $2.91 | $2.60 | $2.00 | - |
| EPS - Diluted | $3.46 | - | $3.31 | $3.19 | $2.68 | - | $2.89 | $2.58 | $1.99 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $343.45M | $371.35M | $225.43M | $331.66M | $385.04M | $385.04M | $443.85M | $382.56M | $406.87M | $406.87M |
| Accounts Receivable | $996.33M | $932.34M | $976.88M | $961.60M | $911.31M | $835.04M | $857.61M | $817.13M | $776.66M | $732.68M |
| Inventory | $640.64M | $615.10M | $636.88M | $610.88M | $578.10M | $541.44M | $582.58M | $559.14M | $553.04M | $510.03M |
| Accounts Payable | $277.21M | $310.30M | $270.33M | $261.07M | $237.71M | $247.19M | $222.54M | $224.78M | $233.82M | $243.83M |
| Current Assets | $2.07B | $2.02B | $1.93B | $2.00B | $1.80B | $1.85B | $1.95B | $1.84B | $1.74B | $1.72B |
| Total Assets | $5.27B | $5.22B | $5.10B | $5.19B | $4.95B | $4.99B | $4.89B | $4.75B | $4.61B | $4.62B |
| Current Liabilities | $1.36B | $1.41B | $1.10B | $1.03B | $953.92M | $1.10B | $986.65M | $896.52M | $858.27M | $806.54M |
| Long-term Debt | $757.63M | $757.88M | $968.63M | $958.38M | $958.63M | $958.95M | $959.30M | $959.65M | $960.01M | $1.05B |
| Total Liabilities | $2.64B | $2.69B | $2.57B | $2.48B | $2.39B | $2.54B | $2.40B | $2.29B | $2.23B | $2.29B |
| Stockholders' Equity | $2.63B | $2.53B | $2.53B | $2.71B | $2.56B | $2.45B | $2.49B | $2.46B | $2.38B | $2.33B |
| Retained Earnings | $4.43B | $4.31B | $4.18B | $4.07B | $3.95B | $3.86B | $3.75B | $3.65B | $3.56B | $3.49B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($5.66M) | - | - | - | ($38.77M) | - | - | - | ($45.63M) | - |
| Investing Cash Flow | ($11.52M) | - | - | - | ($24.89M) | - | - | - | ($12.01M) | - |
| Financing Cash Flow | ($8.01M) | - | - | - | ($98.58M) | - | - | - | ($7.01M) | - |
| CapEx | $11.83M | - | - | - | $15.77M | - | - | - | $12.05M | - |
| Free Cash Flow | ($17.49M) | - | - | - | ($54.54M) | - | - | - | ($57.69M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 36.3% | - | 37.7% | 37.2% | 36.3% | - | 37.3% | 36.2% | 35.6% | - |
| Operating margin | 17.5% | - | 19.1% | 17.8% | 16.0% | - | 18.1% | 16.4% | 14.0% | - |
| EBITDA margin | 20.6% | - | 22.7% | 21.4% | 19.9% | - | - | - | 17.8% | - |
| Net margin | 14.0% | - | 14.4% | 13.8% | 12.6% | - | 13.9% | 12.7% | 10.7% | - |
| Free cash flow margin | -1.9% | - | - | - | -6.8% | - | - | - | -8.1% | - |
| FCF / Net income | -0.14 | - | - | - | -0.54 | - | - | - | -0.75 | - |
| R&D / Revenue | 2.6% | - | 2.7% | 2.7% | 2.9% | - | 2.6% | 2.8% | 3.2% | - |
| SG&A / Revenue | 11.2% | - | 11.1% | 11.9% | 12.3% | - | 11.5% | 12.1% | 13.2% | - |
| Effective tax rate | 18.7% | - | 22.5% | 22.8% | 19.0% | - | 22.6% | 21.2% | 22.7% | - |
| Return on assets | 2.4% | - | 2.4% | 2.3% | 2.0% | - | 2.3% | 2.1% | 1.7% | - |
| Return on equity | 4.9% | - | 4.9% | 4.5% | 4.0% | - | 4.5% | 4.0% | 3.2% | - |
| Return on invested capital | 3.8% | - | 3.7% | 3.3% | 3.0% | - | 3.3% | 3.0% | 2.3% | - |
| Liquidity | ||||||||||
| Current ratio | 1.52 | 1.44 | 1.75 | 1.95 | 1.89 | 1.69 | 1.98 | 2.05 | 2.02 | 2.13 |
| Quick ratio | 1.05 | 1.00 | 1.17 | 1.35 | 1.28 | 1.19 | 1.39 | 1.42 | 1.38 | 1.50 |
| Cash ratio | 0.25 | 0.26 | 0.20 | 0.32 | 0.40 | 0.35 | 0.45 | 0.43 | 0.47 | 0.50 |
| Leverage | ||||||||||
| Debt / Equity | 0.29 | 0.30 | 0.38 | 0.35 | 0.37 | 0.39 | 0.39 | 0.39 | 0.40 | 0.45 |
| Debt / Assets | 0.14 | 0.15 | 0.19 | 0.18 | 0.19 | 0.19 | 0.20 | 0.20 | 0.21 | 0.23 |
| Debt / EBITDA | 4.03 | - | 4.91 | 5.11 | 5.99 | - | - | - | 7.56 | - |
| Interest coverage | 16.0x | - | 15.9x | 14.9x | 12.7x | - | 12.7x | 11.5x | 9.5x | - |
| Equity multiplier | 2.00 | 2.06 | 2.02 | 1.92 | 1.93 | 2.04 | 1.96 | 1.93 | 1.94 | 1.98 |
| Liabilities / Assets | 0.50 | 0.51 | 0.50 | 0.48 | 0.48 | 0.51 | 0.49 | 0.48 | 0.48 | 0.50 |
| Efficiency | ||||||||||
| Asset turnover | 0.17 | - | 0.17 | 0.17 | 0.16 | - | 0.16 | 0.17 | 0.15 | - |
| Inventory turnover | 0.91 | - | 0.85 | 0.90 | 0.89 | - | 0.86 | 0.90 | 0.83 | - |
| Days sales outstanding | 398d | - | 410d | 400d | 413d | - | 392d | 380d | 397d | - |
| Days inventory outstanding | 402d | - | 429d | 405d | 411d | - | 425d | 408d | 439d | - |
| Days payable outstanding | 174d | - | 182d | 173d | 169d | - | 162d | 164d | 186d | - |
| Cash conversion cycle | 626d | - | 657d | 632d | 655d | - | 654d | 624d | 651d | - |
| Valuation | ||||||||||
| P / E | 196.9x | - | 164.0x | 153.2x | 118.4x | - | 113.7x | 105.0x | 128.6x | - |
| P / B | 9.6x | - | 8.1x | 6.8x | 4.7x | - | 5.1x | 4.2x | 4.1x | - |
| P / S | 27.6x | - | 23.5x | 21.1x | 14.9x | - | 15.8x | 13.3x | 13.8x | - |
| EV / EBITDA | 136.6x | - | 107.3x | 102.0x | 78.6x | - | - | - | 81.8x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 13.4% | - | 8.8% | 11.7% | 13.0% | - | 10.3% | 11.4% | 13.0% | - |
| Revenue CAGR (3y) | 13.1% | - | 11.3% | 12.9% | 12.9% | - | 8.8% | 12.6% | 5.9% | - |
| Revenue CAGR (5y) | 8.7% | - | 8.7% | 9.8% | 6.0% | - | 5.4% | 4.2% | 5.4% | - |
| Gross profit growth (YoY) | 13.3% | - | 9.8% | 14.8% | 15.3% | - | 6.0% | 9.4% | 14.6% | - |
| Operating income growth (YoY) | 23.5% | - | 14.7% | 21.3% | 29.3% | - | 9.3% | 14.3% | 27.2% | - |
| Net income growth (YoY) | 26.5% | - | 12.3% | 21.7% | 32.5% | - | 14.9% | 22.8% | 34.6% | - |
| EPS growth (YoY) | 29.1% | - | 14.5% | 23.6% | 34.7% | - | 15.1% | 22.9% | 34.5% | - |
| EPS CAGR (3y) | 32.7% | - | 20.1% | 20.4% | 36.7% | - | 19.3% | 20.1% | 11.1% | - |
| EPS CAGR (5y) | 19.0% | - | 16.4% | 33.9% | 17.2% | - | 8.5% | 6.8% | 9.1% | - |
| FCF growth (YoY) | 67.9% | - | - | - | 5.5% | - | - | - | 43.6% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 2.8% | 3.4% | 1.6% | 10.3% | 7.5% | 5.2% | 14.0% | 15.0% | 15.9% | 16.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$3.50B totalNaval Power$1.50B · 42.9%
Defense Electronics$1.02B · 29.2%
Aerospace Industrial$977.19M · 27.9%
Product / service
$7.00B totalProduct$2.98B · 42.6%
Naval Defense$941.65M · 13.5%
Aerospace Defense$672.53M · 9.6%
Power Process$635.14M · 9.1%
Service$521.14M · 7.4%
Commercial Aerospace$430.11M · 6.1%
General Industrial$412.14M · 5.9%
Ground Defense$406.80M · 5.8%
Geographic
$3.50B totalUS$2.55B · 72.8%
Other Foreign Countries$752.64M · 21.5%
GB$197.49M · 5.6%
Peer comparison
Same SIC group: Misc Industrial & Commercial Machinery & Equipment
Comparing CURTISS WRIGHT CORP against the 5 most active filers in the same SIC group.
Dividends
$0.96/share trailing 12 months · +14.3% YoY
| Ex-date | Per share |
|---|---|
| Mar 26, 2026 | $0.2400 |
| Nov 28, 2025 | $0.2400 |
| Sep 26, 2025 | $0.2400 |
| Jun 16, 2025 | $0.2400 |
| Mar 27, 2025 | $0.2100 |
| Nov 22, 2024 | $0.2100 |
| Sep 27, 2024 | $0.2100 |
| Jun 17, 2024 | $0.2100 |
| Mar 27, 2024 | $0.2000 |
| Nov 21, 2023 | $0.2000 |
| Sep 28, 2023 | $0.2000 |
| Jun 15, 2023 | $0.2000 |
| Mar 30, 2023 | $0.1900 |
| Nov 22, 2022 | $0.1900 |
| Sep 29, 2022 | $0.1900 |
| Jun 16, 2022 | $0.1900 |
| Mar 30, 2022 | $0.1800 |
| Nov 23, 2021 | $0.1800 |
| Sep 29, 2021 | $0.1800 |
| Jun 17, 2021 | $0.1800 |
| Mar 29, 2021 | $0.1700 |
| Nov 24, 2020 | $0.1700 |
| Sep 30, 2020 | $0.1700 |
| Jun 18, 2020 | $0.1700 |