Woodward, Inc.

EDGAR

Annual consolidated revenue for 2025: about USD 3.567B, using the latest reported figures. The previous period, 2024, was about USD 3.324B.

Watchlist

Latest quarter

Revenue

1.11 billion USD

2026 Q3 · USD

Exact inputs and evidence
  • Revenue: 1109705000 USD Source

Net margin

13.22%

2026 Q3 · %

Exact inputs and evidence
  • Net Income: 146675000 USD Source
  • Revenue: 1109705000 USD Source

Operating cash flow

147 million USD

2026 Q3 · USD

Exact inputs and evidence
  • Operating Cash Flow: 351937000 USD Source
  • Operating Cash Flow: 205264000 USD Source

Free cash flow

87.1 million USD

2026 Q3 · USD

Exact inputs and evidence
  • Operating Cash Flow: 351937000 USD Source
  • Operating Cash Flow: 205264000 USD Source
  • Capital Expenditure: 156337000 USD Source
  • Capital Expenditure: 96720000 USD Source
Cash and cash equivalents
475 million USD Source
Exact value

474851000 USD

Long-term debt including current maturities
580 million USD Source
Exact value

579902000 USD

Shares outstanding
Not available

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-07-30.

Financial data available through: 2025-09-30.

Coverage by financial measure
  • Revenue: 8 of 11 periods available· newest 2025-09-30
  • operating income: No compatible figures in this window
  • Net income: 8 of 11 periods available· newest 2025-09-30
  • Operating cash flow: 8 of 11 periods available· newest 2025-09-30
  • Capital expenditure: 8 of 11 periods available· newest 2025-09-30
  • Total assets: 8 of 11 periods available· newest 2025-09-30
  • Total liabilities: 7 of 11 periods available· newest 2025-09-30
  • Current assets: 7 of 11 periods available· newest 2025-09-30
  • Current liabilities: 7 of 11 periods available· newest 2025-09-30
  • Cash and cash equivalents: 4 of 11 periods available· newest 2025-09-30
  • Long-term debt including current maturities: 7 of 11 periods available· newest 2025-09-30
  • shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +7.3%

    Prior period

    USD 3.32 billion

    –

    Current period

    USD 3.57 billion

    –

    Exact inputs and evidence

    3567064000 − 3324249000 = 242815000 USD

    3324249000 USD · 2023-10-01 – 2024-09-30

    Inspect prior input Prior source

    3567064000 USD · 2024-10-01 – 2025-09-30

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  • Net income

    +18.5%

    Prior period

    USD 372.97 million

    –

    Current period

    USD 442.11 million

    –

    Exact inputs and evidence

    442111000 − 372971000 = 69140000 USD

    372971000 USD · 2023-10-01 – 2024-09-30

    Inspect prior input Prior source

    442111000 USD · 2024-10-01 – 2025-09-30

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  • Operating cash flow

    +7.3%

    Prior period

    USD 439.09 million

    –

    Current period

    USD 471.29 million

    –

    Exact inputs and evidence

    471294000 − 439089000 = 32205000 USD

    439089000 USD · 2023-10-01 – 2024-09-30

    Inspect prior input Prior source

    471294000 USD · 2024-10-01 – 2025-09-30

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  • Capital expenditure

    +36%

    Prior period

    USD 96.28 million

    –

    Current period

    USD 130.93 million

    –

    Exact inputs and evidence

    130928000 − 96280000 = 34648000 USD

    96280000 USD · 2023-10-01 – 2024-09-30

    Inspect prior input Prior source

    130928000 USD · 2024-10-01 – 2025-09-30

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2024-10-01 – 2025-09-30

  • Revenue USD 3.57 billion 100% of revenue
  • Operating costs Derived Unavailable An input is unavailable.
  • Operating income Unavailable An input is unavailable.
  • Tax, interest and other Derived Unavailable An input is unavailable.
  • Net income USD 442.11 million 12% of revenue

Cash

  • Operating cash flow USD 471.29 million 13% of revenue
  • Capital expenditure USD 130.93 million 3.7% of revenue
  • Free cash flow Derived USD 340.37 million 9.5% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2018 Not shown: operating income or net income is not reported.
  • 2019 Not shown: operating income or net income is not reported.
  • 2020 Not shown: operating income or net income is not reported.
  • 2021 Not shown: operating income or net income is not reported.
  • 2022 Not shown: operating income or net income is not reported.
  • 2023 Not shown: operating income or net income is not reported.
  • 2024 Not shown: operating income or net income is not reported.
  • 2025 Not shown: operating income or net income is not reported.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2018 2017-10-01 – 2018-09-302325873000 UnavailableUnavailableUnavailable180378000 172152000 Derived
Source
2019 2018-10-01 – 2019-09-302900197000 UnavailableUnavailableUnavailable259602000 291542000 Derived
Source
2020 2019-10-01 – 2020-09-302495665000 UnavailableUnavailableUnavailable240395000 302404000 Derived
Source
2021 2020-10-01 – 2021-09-302245832000 UnavailableUnavailableUnavailable208649000 426980000 Derived
Source
2022 2021-10-01 – 2022-09-302382790000 UnavailableUnavailableUnavailable171698000 140770000 Derived
Source
2023 2022-10-01 – 2023-09-302914566000 UnavailableUnavailableUnavailable232368000 232043000 Derived
Source
2024 2023-10-01 – 2024-09-303324249000 UnavailableUnavailableUnavailable372971000 342809000 Derived
Source
2025 2024-10-01 – 2025-09-303567064000 UnavailableUnavailableUnavailable442111000 340366000 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 3.6B 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.3.9B2.9B1.9B963.1M0.0201820222025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2018Revenue2325873000
2019Revenue2900197000
2020Revenue2495665000
2021Revenue2245832000
2022Revenue2382790000
2023Revenue2914566000
2024Revenue3324249000
2025Revenue3567064000

Revenue growth

Change in revenue from the same financial period one year earlier.

7.3% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.28%17%5%-6%-17%201820222025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2018Year over yearNo prior comparable period
2019Year over year24.7%
2020Year over year-13.9%
2021Year over year-10%
2022Year over year6.1%
2023Year over year22.3%
2024Year over year14.1%
2025Year over year7.3%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Net margin 12.4% 2025
Free cash flow margin 9.5% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.20.5%15.4%10.3%5.1%0.0%2018-09-302022-09-302025-09-30
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2018-09-30Operating marginNot reported
2019-09-30Operating marginNot reported
2020-09-30Operating marginNot reported
2021-09-30Operating marginNot reported
2022-09-30Operating marginNot reported
2023-09-30Operating marginNot reported
2024-09-30Operating marginNot reported
2025-09-30Operating marginNot reported
2018Net margin7.8%
2019Net margin9%
2020Net margin9.6%
2021Net margin9.3%
2022Net margin7.2%
2023Net margin8%
2024Net margin11.2%
2025Net margin12.4%
2018Free cash flow margin7.4%
2019Free cash flow margin10.1%
2020Free cash flow margin12.1%
2021Free cash flow margin19%
2022Free cash flow margin5.9%
2023Free cash flow margin8%
2024Free cash flow margin10.3%
2025Free cash flow margin9.5%

Operating cash flow

Cash generated by the company’s normal business operations.

USD 471.3M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.509.0M381.7M254.5M127.2M0.0201820222025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2018Operating cash flow299292000
2019Operating cash flow390608000
2020Operating cash flow349491000
2021Operating cash flow464669000
2022Operating cash flow193638000
2023Operating cash flow308543000
2024Operating cash flow439089000
2025Operating cash flow471294000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD 340.4M 2025
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.461.1M345.9M230.6M115.3M0.0201820222025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2018Free cash flow172152000
2019Free cash flow291542000
2020Free cash flow302404000
2021Free cash flow426980000
2022Free cash flow140770000
2023Free cash flow232043000
2024Free cash flow342809000
2025Free cash flow340366000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

44.6% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.61%46%30%15%0%2018-09-3020222025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2018-09-30Liabilities / assetsNot reported
2019Liabilities / assets56.4%
2020Liabilities / assets48.9%
2021Liabilities / assets45.9%
2022Liabilities / assets50.1%
2023Liabilities / assets48.4%
2024Liabilities / assets50.2%
2025Liabilities / assets44.6%

Current assets to current liabilities

Current assets divided by current liabilities.

2.08× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.4.32×3.24×2.16×1.08×0.00×2018-09-3020222025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2018-09-30Current assets / current liabilitiesNot reportedNo source recorded
2019Current assets / current liabilities1.8×
2020Current assets / current liabilities3.09×
2021Current assets / current liabilities4×
2022Current assets / current liabilities2.43×
2023Current assets / current liabilities2.38×
2024Current assets / current liabilities1.89×
2025Current assets / current liabilities2.08×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2018 2017-10-01 – 2018-09-30
USD 180.38 million
Exact value

Exact value: 180378000 USD

2017-10-01 – 2018-09-30: 180378000 USD Inspect Net Income Open source
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USD 299.29 million
Exact value

Exact value: 299292000 USD

2017-10-01 – 2018-09-30: 299292000 USD Inspect Operating Cash Flow Open source
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USD 127.14 million
Exact value

Exact value: 127140000 USD

2017-10-01 – 2018-09-30: 127140000 USD Inspect Capital Expenditure Open source
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USD 172.15 million
Calculation and evidence

299292000 − 127140000 USD

Exact free cash flow: 172152000 USD

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2019 2018-10-01 – 2019-09-30
USD 259.6 million
Exact value

Exact value: 259602000 USD

2018-10-01 – 2019-09-30: 259602000 USD Inspect Net Income Open source
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USD 390.61 million
Exact value

Exact value: 390608000 USD

2018-10-01 – 2019-09-30: 390608000 USD Inspect Operating Cash Flow Open source
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USD 99.07 million
Exact value

Exact value: 99066000 USD

2018-10-01 – 2019-09-30: 99066000 USD Inspect Capital Expenditure Open source
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USD 291.54 million
Calculation and evidence

390608000 − 99066000 USD

Exact free cash flow: 291542000 USD

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2020 2019-10-01 – 2020-09-30
USD 240.4 million
Exact value

Exact value: 240395000 USD

2019-10-01 – 2020-09-30: 240395000 USD Inspect Net Income Open source
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USD 349.49 million
Exact value

Exact value: 349491000 USD

2019-10-01 – 2020-09-30: 349491000 USD Inspect Operating Cash Flow Open source
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USD 47.09 million
Exact value

Exact value: 47087000 USD

2019-10-01 – 2020-09-30: 47087000 USD Inspect Capital Expenditure Open source
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USD 302.4 million
Calculation and evidence

349491000 − 47087000 USD

Exact free cash flow: 302404000 USD

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2021 2020-10-01 – 2021-09-30
USD 208.65 million
Exact value

Exact value: 208649000 USD

2020-10-01 – 2021-09-30: 208649000 USD Inspect Net Income Open source
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USD 464.67 million
Exact value

Exact value: 464669000 USD

2020-10-01 – 2021-09-30: 464669000 USD Inspect Operating Cash Flow Open source
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USD 37.69 million
Exact value

Exact value: 37689000 USD

2020-10-01 – 2021-09-30: 37689000 USD Inspect Capital Expenditure Open source
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USD 426.98 million
Calculation and evidence

464669000 − 37689000 USD

Exact free cash flow: 426980000 USD

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2022 2021-10-01 – 2022-09-30
USD 171.7 million
Exact value

Exact value: 171698000 USD

2021-10-01 – 2022-09-30: 171698000 USD Inspect Net Income Open source
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USD 193.64 million
Exact value

Exact value: 193638000 USD

2021-10-01 – 2022-09-30: 193638000 USD Inspect Operating Cash Flow Open source
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USD 52.87 million
Exact value

Exact value: 52868000 USD

2021-10-01 – 2022-09-30: 52868000 USD Inspect Capital Expenditure Open source
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USD 140.77 million
Calculation and evidence

193638000 − 52868000 USD

Exact free cash flow: 140770000 USD

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2023 2022-10-01 – 2023-09-30
USD 232.37 million
Exact value

Exact value: 232368000 USD

2022-10-01 – 2023-09-30: 232368000 USD Inspect Net Income Open source
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USD 308.54 million
Exact value

Exact value: 308543000 USD

2022-10-01 – 2023-09-30: 308543000 USD Inspect Operating Cash Flow Open source
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USD 76.5 million
Exact value

Exact value: 76500000 USD

2022-10-01 – 2023-09-30: 76500000 USD Inspect Capital Expenditure Open source
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USD 232.04 million
Calculation and evidence

308543000 − 76500000 USD

Exact free cash flow: 232043000 USD

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2024 2023-10-01 – 2024-09-30
USD 372.97 million
Exact value

Exact value: 372971000 USD

2023-10-01 – 2024-09-30: 372971000 USD Inspect Net Income Open source
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USD 439.09 million
Exact value

Exact value: 439089000 USD

2023-10-01 – 2024-09-30: 439089000 USD Inspect Operating Cash Flow Open source
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USD 96.28 million
Exact value

Exact value: 96280000 USD

2023-10-01 – 2024-09-30: 96280000 USD Inspect Capital Expenditure Open source
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USD 342.81 million
Calculation and evidence

439089000 − 96280000 USD

Exact free cash flow: 342809000 USD

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2025 2024-10-01 – 2025-09-30
USD 442.11 million
Exact value

Exact value: 442111000 USD

2024-10-01 – 2025-09-30: 442111000 USD Inspect Net Income Open source
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USD 471.29 million
Exact value

Exact value: 471294000 USD

2024-10-01 – 2025-09-30: 471294000 USD Inspect Operating Cash Flow Open source
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USD 130.93 million
Exact value

Exact value: 130928000 USD

2024-10-01 – 2025-09-30: 130928000 USD Inspect Capital Expenditure Open source
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USD 340.37 million
Calculation and evidence

471294000 − 130928000 USD

Exact free cash flow: 340366000 USD

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

146 filings · 12,957 latest values · 12,957 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0000108312, 108312, WWD, edgar:108312, wwd

Also known as WOODWARD GOVERNOR CO, WOODWARD, INC., Woodward, Inc.