Curtiss-Wright Corporation
Rank #298HypergrowthCW · NYSE · Industrials
Curtiss-Wright Corporation (CW) — Rank #298 by gross profitability (GP/assets 0.24) · ROE 17.5% · Piotroski F-Score 8 / 9.
As-of 2026-09-15 · CIK 0000026324 · all metrics point-in-time as of the filing date.
About
Curtiss-Wright Corporation, together with its subsidiaries, provides engineered products, solutions, and services mainly to aerospace and defense, commercial nuclear power, process, and industrial markets worldwide.
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It operates through three segments: Aerospace & Industrial, Defense Electronics, and Naval & Power. The Aerospace & Industrial segment offers industrial and specialty vehicle products, such as power management electronics, traction inverters, transmission shifters, and control systems; sensors, controls, and electro-mechanical actuation components used on commercial and military aircraft; and surface technology services including shot peening, laser peening, and engineered coatings. The Defense Electronics segment provides commercial off-the-shelf embedded computing board-level modules and processing equipment, data acquisition and flight test instrumentation equipment, integrated subsystems, instrumentation and control systems, tactical communications solutions; and electronic stabilization products, and weapons handling systems; avionics and electronics; flight test equipment; and aircraft data management solutions. The Naval & Power segment offers main coolant pumps, power-dense compact motors, generators, steam turbines, valves, and secondary propulsion systems; energy absorbers, retractable hook cable systems, net-stanchion systems and mobile systems to support fixed land-based arresting systems; hardware, valves, fastening systems, specialized containment doors, airlock hatches, and spent fuel management products; reactor coolant pumps and control rod drive mechanisms for commercial nuclear power plants, as well as various nuclear reactor technologies. This segment furnishes severe-service valve technologies and services, heat exchanger repair, and piping test and isolation products, and offers ship repair and maintenance for the U.S. navy.
Curtiss-Wright Corporation was incorporated in 1929 and is headquartered in Davidson, North Carolina.
- Industry
- Aerospace & Defense
- Sector
- Industrials
- State
- DE
- Filer Category
- Large accelerated filer
- Fiscal Year End
- December 31
- Website
- curtisswright.com
Price History
Company Snapshot
P/S is the primary valuation lens — earnings are reinvested, not available for P/E.
Market Cap
$20.64B
P/E (annual)
43.4
P/S (annual)
5.9
P/B
7.4
P/OCF (annual)
32.1
Shareholder Yield
12.7%
Employees
9,200
Industry
Aerospace & Defense
Exchange
NYSE
Signal Flags
Quality Profile
Profitability
1/1 passSafety
1/1 passCash Flow
3/3 passGrowth
2/2 passTerry Smith quality gate
Passes 1/5 Terry Smith thresholds1 of 5 threshold not computable from filed data.
What Growth Is Priced In
Implied revenue growth (10Y)
16.4%
The annual FCF growth rate today's price requires over a 10-year horizon (discount rate 10%, terminal growth 2.5%).
Buyback tailwind: -12.5% — per-share value needs a total required return of 3.9% once share-count change is priced in.
vs. own 6-year median revenue growth: 5.1%
priced above its own historyCost-of-equity sensitivity (implied growth at different discount rates)
r = 8%
11.6%
r = 10% (base)
16.4%
r = 12%
20.6%
Net debt / market cap: 2.9%
Valuation History
Current multiple vs historical range at each filing date. Band spans 25th-75th percentile.
P / E
Price / diluted EPS
P / S
Price / revenue per share
P / B
Price / book value per share
P / GP
Price / gross profit per share
P / FCF
Price / free cash flow per share
Disclosure regression check
A previously-disclosed line item is no longer reported. Worth checking the filing for why.
Revenue growth and the path to profitability (margin trend) are the primary reads at this stage.
Profitability
Gross profitability (GP / assets)
0.24
Primary signal (Novy-Marx).
40th pctl of 36 SIC 35 peers
Return on equity
17.5%
Gross margin
37.2%
31st pctl of 36 SIC 35 peers
Revenue growth (YoY)
40.6%
RPO growth (YoY)
86.4%
Remaining performance obligations growth — RPO > revenue = forward demand building.
Gross margin improving
Margin trend vs prior year.
Operating Leverage
| 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|
| Revenue vs COGS | ||||
| Revenue vs OpEx | ||||
| Op. Income vs Revenue |
Growth
Revenue CAGR (3Y)
—
Revenue CAGR (5Y)
—
Earnings CAGR (3Y)
18.0%
FCF CAGR (3Y)
—
Anti-fragile safety
Balance-sheet safety
Composite anti-fragile check.
Debt / equity
0.97
37th pctl of 36 SIC 35 peers (best = lowest)
Current ratio
1.60×
20th pctl of 36 SIC 35 peers
Quick ratio
0.96×
Net cash
-$613.94M
Cash & equivalents minus total debt.
Cash-flow health
Free cash flow
$553.71M
Operating cash flow minus capex.
Positive free cash flow
FCF / net income
0.14
Cash-backing of earnings.
FCF/NI divergence
Unfavorable divergence (yellow flag).
Accruals healthy
Cash-backed earnings.
SBC / revenue
0.6%
Stock-based comp intensity.
Dividend safety
Composite score
3.8 / 5
Piotroski F-Score
F-Score
8 / 9
Fundamental-strength score (0-9).