Curtiss-Wright (CW)

NYSE Industrials Aerospace & Defense S&P MidCap 400

$463.47

+29.60 (+6.82%)

Close of Nov 06, 2026 · end-of-day data

Source: Curtiss-Wright's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$2.11B	$2.27B	$2.41B	$2.49B	$2.39B	$2.50B	$2.56B	$2.85B	$3.12B	$3.50B
Cost of revenue	$1.37B	$1.47B	$1.54B	$1.59B	$1.55B	$1.57B	$1.60B	$1.78B	$1.97B	$2.20B
Gross profit	$734.69M	$800.78M	$871.26M	$898.75M	$841.23M	$927.80M	$954.61M	$1.07B	$1.15B	$1.30B
Research & development	$59.42M	$61.39M	$64.53M	$72.52M	$74.82M	$88.49M	$80.84M	$85.76M	$91.65M	$95.16M
Operating income	$296.52M	$325.12M	$373.63M	$403.95M	$288.85M	$377.13M	$423.44M	$484.60M	$528.60M	$633.52M
Interest expense	$41.25M	$41.47M	$33.98M	$31.35M	$35.55M	$40.24M	$46.98M	$51.39M	$44.87M	$43.15M
Pre-tax income	$267.96M	$299.62M	$356.24M	$396.46M	$263.05M	$348.96M	$389.19M	$463.07M	$522.06M	$620.01M
Income tax	$78.58M	$84.73M	$80.49M	$88.88M	$61.66M	$86.13M	$94.85M	$108.56M	$117.08M	$135.78M
Net income	$187.33M	$214.89M	$275.75M	$307.58M	$201.39M	$262.83M	$294.35M	$354.51M	$404.98M	$484.23M
EBITDA	$392.53M	$425.12M	$476.57M	$506.37M	$404.75M	$491.51M	$535.47M	$600.77M	$636.26M	$758.34M
EPS (basic)	$4.22	$4.86	$6.28	$7.20	$4.83	$6.50	$7.67	$9.26	$10.61	$12.94
EPS (diluted)	$4.15	$4.80	$6.22	$7.15	$4.80	$6.47	$7.62	$9.20	$10.55	$12.87
Diluted shares	45.05M	44.76M	44.32M	43.02M	42.00M	40.60M	38.65M	38.53M	38.37M	37.63M
Gross margin	34.8%	35.3%	36.1%	36.1%	35.2%	37.1%	37.3%	37.5%	37.0%	37.2%
Operating margin	14.1%	14.3%	15.5%	16.2%	12.1%	15.1%	16.6%	17.0%	16.9%	18.1%
Net margin	8.9%	9.5%	11.4%	12.4%	8.4%	10.5%	11.5%	12.5%	13.0%	13.8%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$553.85M	$475.12M	$276.07M	$391.03M	$198.25M	$171.00M	$256.97M	$406.87M	$385.04M	$371.35M
Receivables	$463.06M	$494.92M	$593.75M	$632.19M	$588.72M	$647.15M	$723.30M	$732.68M	$835.04M	$932.34M
Inventory	$366.97M	$378.87M	$423.43M	$424.83M	$428.88M	$411.57M	$483.11M	$510.03M	$541.44M	$615.10M
Total current assets	$1.41B	$1.40B	$1.34B	$1.53B	$1.30B	$1.31B	$1.52B	$1.72B	$1.85B	$2.02B
Goodwill	$951.06M	$1.10B	$1.09B	$1.17B	$1.46B	$1.46B	$1.54B	$1.56B	$1.68B	$1.69B
Total assets	$3.04B	$3.24B	$3.26B	$3.76B	$4.02B	$4.10B	$4.45B	$4.62B	$4.99B	$5.22B
Total current liabilities	$675.26M	$591.00M	$687.33M	$744.73M	$810.38M	$734.87M	$981.04M	$806.54M	$1.10B	$1.41B
Short-term debt	$150.67M	$150.00K	$243.00K	$0	$100.00M	$0	$202.50M	$0	$90.00M	$200.00M
Long-term debt	$815.63M	$813.99M	$762.31M	$760.64M	$958.29M	$1.05B	$1.05B	$1.05B	$958.95M	$757.88M
Total debt	$966.30M	$814.14M	$762.56M	$760.64M	$1.06B	$1.05B	$1.25B	$1.05B	$1.05B	$957.88M
Total liabilities	$1.75B	$1.71B	$1.72B	$1.99B	$2.23B	$2.28B	$2.47B	$2.29B	$2.54B	$2.69B
Shareholders' equity	$1.29B	$1.53B	$1.53B	$1.77B	$1.79B	$1.83B	$1.98B	$2.33B	$2.45B	$2.53B

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$423.20M	$388.71M	$336.27M	$421.40M	$261.18M	$387.67M	$294.78M	$448.09M	$544.27M	$643.40M
Capital expenditures	$46.78M	$52.70M	$53.42M	$69.75M	$47.50M	$41.11M	$38.22M	$44.67M	$60.97M	$89.69M
Free cash flow	$376.42M	$336.01M	$282.86M	$351.65M	$213.68M	$346.56M	$256.56M	$403.42M	$483.30M	$553.71M
Investing cash flow	-$42.93M	-$272.33M	-$255.52M	-$240.04M	-$532.53M	-$42.40M	-$325.87M	-$35.52M	-$283.31M	-$90.12M
Financing cash flow	-$96.14M	-$213.90M	-$263.64M	-$68.14M	$82.08M	-$369.13M	$129.43M	-$273.40M	-$271.49M	-$578.30M
Dividends paid	$23.07M	$24.74M	$26.33M	$28.20M	$28.18M	$28.66M	$28.78M	$30.25M	$31.66M	$34.73M
Share buybacks	$105.25M	$52.13M	$198.59M	$50.66M	$200.02M	$343.13M	$56.87M	$50.14M	$250.00M	$464.95M
Stock-based compensation	$9.48M	$11.57M	$14.09M	$13.67M	$14.44M	$13.45M	$15.38M	$16.80M	$18.89M	$21.52M
Depreciation & amortization	$96.01M	$100.00M	$102.95M	$102.41M	$115.90M	$114.38M	$112.03M	$116.17M	$107.67M	$124.82M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$785.79M	$713.17M	$784.79M	$798.92M	$824.31M	$805.64M	$876.58M	$869.17M	$946.98M	$913.69M	$924.01M	$952.59M
Cost of revenue	—	$459.41M	$500.69M	$500.65M	—	$513.18M	$550.42M	$541.70M	—	$582.20M	$559.92M	$580.95M
Gross profit	$304.73M	$253.75M	$284.10M	$298.26M	$317.43M	$292.46M	$326.16M	$327.47M	$355.44M	$331.48M	$364.09M	$371.64M
Research & development	$20.07M	$22.98M	$22.15M	$20.73M	$25.78M	$23.02M	$23.31M	$23.41M	$25.43M	$24.18M	$25.14M	$24.11M
Operating income	$160.69M	$99.96M	$128.90M	$144.90M	$154.84M	$129.21M	$156.31M	$166.25M	$181.76M	$159.51M	$178.69M	$187.92M
Interest expense	$10.96M	$10.57M	$11.22M	$11.41M	$11.68M	$10.14M	$10.52M	$10.48M	$12.00M	$9.94M	$9.93M	$10.32M
Pre-tax income	$156.85M	$99.00M	$126.24M	$143.62M	$153.19M	$125.09M	$156.76M	$161.15M	$177.00M	$157.76M	$194.29M	$177.94M
Income tax	$36.96M	$22.50M	$26.77M	$32.46M	$35.34M	$23.75M	$35.70M	$36.32M	$40.00M	$29.58M	$43.13M	$39.05M
Net income	$119.89M	$76.50M	$99.47M	$111.16M	$117.85M	$101.34M	$121.06M	$124.83M	$137.00M	$128.19M	$151.17M	$138.89M
EBITDA	$190.03M	$126.94M	$156.06M	$171.60M	$181.66M	$160.03M	$187.61M	$197.44M	$213.26M	$187.87M	$207.06M	$216.34M
EPS (basic)	$3.13	$2.00	$2.60	$2.91	$3.10	$2.69	$3.21	$3.34	$3.70	$3.47	$4.09	$3.79
EPS (diluted)	$3.11	$1.99	$2.58	$2.89	$3.08	$2.68	$3.19	$3.31	$3.68	$3.46	$4.07	$3.77
Diluted shares	-9.00K	38.43M	38.50M	38.45M	-78.00K	37.85M	37.90M	37.66M	-155.00K	37.06M	37.12M	36.85M
Gross margin	38.8%	35.6%	36.2%	37.3%	38.5%	36.3%	37.2%	37.7%	37.5%	36.3%	39.4%	39.0%
Operating margin	20.4%	14.0%	16.4%	18.1%	18.8%	16.0%	17.8%	19.1%	19.2%	17.5%	19.3%	19.7%
Net margin	15.3%	10.7%	12.7%	13.9%	14.3%	12.6%	13.8%	14.4%	14.5%	14.0%	16.4%	14.6%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$406.87M	$338.03M	$382.56M	$443.85M	$385.04M	$226.46M	$331.66M	$225.43M	$371.35M	$343.45M	$477.15M	$281.11M
Receivables	$732.68M	$776.66M	$817.13M	$857.61M	$835.04M	$911.31M	$961.60M	$976.88M	$932.34M	$996.33M	$997.35M	$1.05B
Inventory	$510.03M	$553.04M	$559.14M	$582.58M	$541.44M	$578.10M	$610.88M	$636.88M	$615.10M	$640.64M	$668.73M	$715.85M
Total current assets	$1.72B	$1.74B	$1.84B	$1.95B	$1.85B	$1.80B	$2.00B	$1.93B	$2.02B	$2.07B	$2.24B	$2.17B
Goodwill	$1.56B	$1.55B	$1.57B	$1.58B	$1.68B	$1.67B	$1.70B	$1.69B	$1.69B	$1.69B	$1.69B	$1.69B
Total assets	$4.62B	$4.61B	$4.75B	$4.89B	$4.99B	$4.95B	$5.19B	$5.10B	$5.22B	$5.27B	$5.46B	$5.37B
Total current liabilities	$806.54M	$858.27M	$896.52M	$986.65M	$1.10B	$953.92M	$1.03B	$1.10B	$1.41B	$1.36B	$1.40B	$1.52B
Short-term debt	$0	$90.00M	$90.00M	$90.00M	$90.00M	$0	$0	$0	$200.00M	$200.00M	$200.00M	$200.00M
Long-term debt	$1.05B	$960.01M	$959.65M	$959.30M	$958.95M	$958.63M	$958.38M	$968.63M	$757.88M	$757.63M	$757.39M	$757.14M
Total debt	$1.05B	$1.05B	$1.05B	$1.05B	$1.05B	$958.63M	$958.38M	$968.63M	$957.88M	$957.63M	$957.39M	$957.14M
Total liabilities	$2.29B	$2.23B	$2.29B	$2.40B	$2.54B	$2.39B	$2.48B	$2.57B	$2.69B	$2.64B	$2.69B	$2.81B
Shareholders' equity	$2.33B	$2.38B	$2.46B	$2.49B	$2.45B	$2.56B	$2.71B	$2.53B	$2.53B	$2.63B	$2.77B	$2.56B

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$282.37M	-$45.63M	$111.33M	$177.27M	$301.30M	-$38.77M	$136.59M	$192.84M	$352.74M	-$5.66M	$181.18M	$180.41M
Capital expenditures	$12.63M	$12.05M	$11.06M	$14.58M	$23.27M	$15.77M	$19.38M	$16.90M	$37.64M	$11.83M	$29.45M	$40.03M
Free cash flow	$269.74M	-$57.69M	$100.27M	$162.69M	$278.03M	-$54.54M	$117.20M	$175.94M	$315.11M	-$17.49M	$151.73M	$140.39M
Investing cash flow	-$3.95M	-$12.01M	-$44.73M	-$13.51M	-$213.06M	-$24.89M	-$11.66M	-$16.78M	-$36.79M	-$11.52M	-$20.84M	-$22.56M
Financing cash flow	-$28.36M	-$7.01M	-$20.56M	-$115.25M	-$128.68M	-$98.58M	-$29.06M	-$282.34M	-$168.32M	-$8.01M	-$23.60M	-$355.48M
Dividends paid	$15.30M	—	—	$8.04M	$15.95M	—	—	$9.04M	$17.76M	—	—	$9.60M
Share buybacks	$12.78M	$12.19M	$12.61M	$112.78M	$112.42M	$14.25M	$20.82M	$290.04M	$139.84M	$14.49M	$14.73M	$352.45M
Stock-based compensation	$3.59M	$4.70M	$4.77M	$5.70M	$3.72M	$5.27M	$5.21M	$6.13M	$4.91M	$7.18M	$7.12M	$9.82M
Depreciation & amortization	$29.34M	$26.98M	$27.17M	$26.69M	$26.82M	$30.82M	$31.31M	$31.19M	$31.50M	$28.36M	$28.37M	$28.41M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.