Woodward Inc
NASDAQ:WWD

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Woodward Inc
NASDAQ:WWD
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Price: 303.45 USD 0.6% Market Closed
Market Cap: 18.2B USD

Woodward Inc
Investor Relations

In the quiet town of Fort Collins, Colorado, lies the bustling headquarters of Woodward Inc., a company that has seamlessly intertwined its destiny with the evolving fields of aerospace and industrial technology. Founded in 1870, Woodward's journey began with the innovative development of a waterwheel governor, and it has adeptly transformed itself over the decades into a leader in energy control and optimization solutions. At its core, Woodward operates within a dual business model—Aerospace and Industrial Systems. The Aerospace segment propels Woodward into the skies, providing critical components that enhance the efficiency and performance of engines used in both commercial and military aircraft. This facet of the business works symbiotically with leading aircraft manufacturers such as Boeing and Airbus, embedding Woodward's technology into the heart of the aviation ecosystem.

On the ground, Woodward's Industrial Systems segment digs deep into the fabric of industrial machinery and energy facilities, crafting control systems and components that elevate performance and efficiency. From microturbines to wind turbines, the company’s innovations enable the seamless integration and function of diverse energy sources, thus ensuring a steady and optimized flow of power. Woodward leverages its advanced engineering capabilities to create tailor-made solutions for the world's pressing energy challenges, fostering resilient partnerships across the industrial landscape. By focusing on energy efficiency and emissions control, Woodward not only meets the present-day needs of a rapidly advancing technological environment but also guides industries toward a more sustainable future. This dual approach positions Woodward to capitalize on the broadening demand for innovative control systems, thereby sustainably driving its revenue growth.

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Last Earnings Call
Fiscal Period
Q4 2025
Call Date
Nov 24, 2025
AI Summary
Q4 2025

Record Revenue: Woodward’s annual revenue exceeded $3.5 billion for the first time, with 2025 net sales of $3.6 billion, up 7%.

Aerospace Strength: Aerospace segment sales grew 14% for the year and 20% in Q4, driven by strong commercial services and defense OEM demand, with segment margins expanding 290 basis points for the year and 520 bps in Q4.

Industrial Segment Growth: Core industrial sales rose 10% for the year, despite a 3% overall industrial segment sales decline due to lower China on-highway demand.

Margin Expansion: Both Aerospace and core Industrial segments saw margin expansion, with core Industrial margins up 110 basis points for the year.

EPS Growth: Adjusted earnings per share hit a record $6.89, up nearly 13% year-over-year; reported EPS was $7.19.

Capital Return and Guidance: Over $238 million was returned to stockholders in FY25, and a new $1.8 billion, three-year share repurchase program was announced. FY26 capital return is guided at $650–700 million.

2026 Outlook: Guidance calls for 7–12% consolidated sales growth, 9–15% Aerospace growth, 5–9% Industrial growth, adjusted EPS of $7.50–$8.00, and continued investment in automation and new facilities.

Key Financials
Net Sales (Q4 2025)
$995 million
Net Sales (FY 2025)
$3.6 billion
Earnings Per Share (Q4 2025)
$2.23
Adjusted Earnings Per Share (Q4 2025)
$2.09
Earnings Per Share (FY 2025)
$7.19
Adjusted Earnings Per Share (FY 2025)
$6.89
Aerospace Segment Sales (FY 2025)
$2.3 billion
Aerospace Segment Sales (Q4 2025)
$661 million
Aerospace Segment Earnings (FY 2025)
$507 million
Aerospace Segment Margin (FY 2025)
21.9%
Aerospace Segment Margin (Q4 2025)
24.4%
Commercial Services Sales Growth (FY 2025)
29%
Defense OEM Sales Growth (FY 2025)
38%
Commercial OEM Sales Growth (FY 2025)
-6%
Industrial Segment Sales (FY 2025)
$1.25 billion
Core Industrial Sales Growth (FY 2025)
10%
Core Industrial Margin (FY 2025)
15.2%
Industrial Segment Margin (FY 2025)
14.6%
Net Cash Provided by Operating Activities (FY 2025)
$471 million
Capital Expenditures (FY 2025)
$131 million
Free Cash Flow (FY 2025)
$340 million
Debt Leverage (as of 9/30/2025)
1x EBITDA
Capital Returned to Stockholders (FY 2025)
$238 million
Share Repurchases (FY 2025)
$173 million
Dividends Paid (FY 2025)
$65 million
Effective Tax Rate (FY 2026 Guidance)
22%
Earnings Call Recording
Other Earnings Calls

Management

Mr. Charles P. Blankenship Jr.
CEO & Chairman
No Bio Available
Mr. William F. Lacey
Executive VP & CFO
No Bio Available
Mr. Thomas G. Cromwell
Executive VP & COO
No Bio Available
Mr. Randall L. Hobbs
Executive VP & President of Industrial
No Bio Available
Mr. Donald J. Guzzardo
VP of Investor Relations & Treasurer
No Bio Available
Ms. Karrie Bem
Executive VP, General Counsel, Corporate Secretary & Chief Compliance Officer
No Bio Available
Mr. Ron Charles
Executive VP & Chief Human Resources Officer
No Bio Available
Mr. Terence J. Voskuil
Executive VP & President of Aerospace
No Bio Available
Mr. W. John Godsman
Executive Vice President of Strategy & Business Development
No Bio Available
Daniel Provaznik
Director of Investor Relations
No Bio Available

Contacts

Address
COLORADO
Fort Collins
1081 Woodward Way
Contacts
+19704825811.0
www.woodward.com