Woodward, Inc.
Rank #377ValueWWD · Nasdaq · Industrials
Woodward, Inc. (WWD) — Rank #377 by gross profitability (GP/assets 0.18) · ROE 17.9% · Piotroski F-Score 9 / 9.
As-of 2026-09-15 · CIK 0000108312 · all metrics point-in-time as of the filing date.
About
Woodward, Inc. designs, manufactures, and services control solutions for the aerospace and industrial markets worldwide.
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It operates through two segments, Aerospace and Industrial. The Aerospace segment offers fuel pumps, metering units, actuators, air valves, specialty valves, fuel nozzles, and thrust reverser actuation systems for turbine engines and nacelles, as well as flight deck controls, actuators, servocontrols, motors, and sensors for aircraft. This segment 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. Its Industrial segment offers actuators, valves, pumps, fuel injection systems, solenoids, ignition systems, control systems, electronics and software, and sensors used on industrial gas turbines, steam turbines, compressors, and reciprocating engines, as well as aftermarket products and related services. The company primarily serves OEMs and equipment packagers. Woodward, Inc.
was founded in 1870 and is headquartered in Fort Collins, Colorado.
- Industry
- Aerospace & Defense
- Sector
- Industrials
- State
- DE
- Filer Category
- Large accelerated filer
- Fiscal Year End
- September 30
- Website
- woodward.com
Price History
Company Snapshot
P/E and dividend yield are the primary valuation lenses for mature businesses.
Market Cap
$18.73B
P/E (annual)
44.1
P/S (annual)
5.3
P/B
7.6
P/OCF (annual)
39.7
Shareholder Yield
1.0%
Employees
10,200
Industry
Aerospace & Defense
Exchange
Nasdaq
Signal Flags
Quality Profile
Profitability
1/1 passSafety
1/1 passCash Flow
2/3 passGrowth
2/2 passTerry Smith quality gate
Passes 0/5 Terry Smith thresholds3 of 5 thresholds not computable from filed data.
What Growth Is Priced In
Implied revenue growth (10Y)
22.1%
The annual FCF growth rate today's price requires over a 10-year horizon (discount rate 10%, terminal growth 2.5%).
Buyback tailwind: -1.0% — per-share value needs a total required return of 21.1% once share-count change is priced in.
vs. own 6-year median revenue growth: 6.7%
priced above its own historyCost-of-equity sensitivity (implied growth at different discount rates)
r = 8%
17.0%
r = 10% (base)
22.1%
r = 12%
26.5%
Net debt / market cap: 4.4%
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
Earnings bubble check
Current margins may be above sustainable levels — a P/E based on peak earnings can overstate cheapness.
Dividend yield and payout ratio are the primary reads at this stage (trailing P/E — see valuation above).
Profitability
Gross profitability (GP / assets)
0.18
Primary signal (Novy-Marx).
14th pctl of 43 SIC 36 peers
Return on equity
17.9%
Gross margin
26.8%
5th pctl of 43 SIC 36 peers
Revenue growth (YoY)
7.3%
RPO growth (YoY)
8.9%
Remaining performance obligations growth — RPO > revenue = forward demand building.
Gross margin improving
Margin trend vs prior year.
Operating Leverage
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Revenue vs COGS | ||||
| Revenue vs OpEx | ||||
| Op. Income vs Revenue |
Growth
Revenue CAGR (3Y)
14.4%
Revenue CAGR (5Y)
7.4%
Earnings CAGR (3Y)
37.1%
FCF CAGR (3Y)
34.2%
Anti-fragile safety
Balance-sheet safety
Composite anti-fragile check.
Debt / equity
1.10
22nd pctl of 41 SIC 36 peers (best = lowest)
Current ratio
1.65×
12th pctl of 43 SIC 36 peers
Quick ratio
0.77×
Net cash
-$867.08M
Cash & equivalents minus total debt.
Cash-flow health
Free cash flow
$340.37M
Operating cash flow minus capex.
Positive free cash flow
FCF / net income
-0.23
Cash-backing of earnings.
FCF/NI divergence
Unfavorable divergence (yellow flag).
Accruals healthy
Cash-backed earnings.
SBC / revenue
0.9%
Stock-based comp intensity.
Piotroski F-Score
F-Score
9 / 9
Fundamental-strength score (0-9).