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CURTISS-WRIGHT CORPORATION

EDGAR
CW Quarterly report (10-Q) · filed 2026-08-06

Annual consolidated revenue for 2025: about USD 3.498B, using the latest reported figures. The previous period, 2024, was about USD 3.121B.

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Watchlist

Latest quarter

Revenue

924 million USD

2026 Q2 · USD

Exact inputs and evidence

Operating margin

19.34%

2026 Q2 · %

Exact inputs and evidence
  • Operating Income: 178691000 USD Source
  • Revenue: 924008000 USD Source

Operating cash flow

181 million USD

2026 Q2 · USD

Exact inputs and evidence
  • Operating Cash Flow: 175528000 USD Source
  • Operating Cash Flow: -5655000 USD Source

Free cash flow

152 million USD

2026 Q2 · USD

Exact inputs and evidence
  • Operating Cash Flow: 175528000 USD Source
  • Operating Cash Flow: -5655000 USD Source
  • Capital Expenditure: 41283000 USD Source
  • Capital Expenditure: 11832000 USD Source
Cash and cash equivalents
343 million USD Source
Exact value

343447000 USD

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

957387000 USD

Shares outstanding
36.9 million shares Source
Exact value

36931138 shares

Reported share-count change

-1.97% · -742 thousand shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 37673073 shares · 2025-06-30· Source
  • 36931138 shares · 2026-06-30· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

3.65 billion USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Revenue: 869170000 USD · 2025-07-01 – 2025-09-30 Source
  • Revenue: 3498372000 USD · 2025-01-01 – 2025-12-31 Source
  • Revenue: 2551391000 USD · 2025-01-01 – 2025-09-30 Source
  • Revenue: 913687000 USD · 2026-01-01 – 2026-03-31 Source
  • Revenue: 924008000 USD · 2026-04-01 – 2026-06-30 Source

Net income

541 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Net income: 124832000 USD · 2025-07-01 – 2025-09-30 Source
  • Net income: 484228000 USD · 2025-01-01 – 2025-12-31 Source
  • Net income: 347230000 USD · 2025-01-01 – 2025-09-30 Source
  • Net income: 128186000 USD · 2026-01-01 – 2026-03-31 Source
  • Net income: 151168000 USD · 2026-04-01 – 2026-06-30 Source

Operating cash flow

721 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Operating cash flow: 290658000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 97820000 USD · 2025-01-01 – 2025-06-30 Source
  • Operating cash flow: 643402000 USD · 2025-01-01 – 2025-12-31 Source
  • Operating cash flow: 290658000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: -5655000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: 175528000 USD · 2026-01-01 – 2026-06-30 Source
  • Operating cash flow: -5655000 USD · 2026-01-01 – 2026-03-31 Source

Capital expenditure

95.8 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Capital expenditure: 52054000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 35154000 USD · 2025-01-01 – 2025-06-30 Source
  • Capital expenditure: 89692000 USD · 2025-01-01 – 2025-12-31 Source
  • Capital expenditure: 52054000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 11832000 USD · 2026-01-01 – 2026-03-31 Source
  • Capital expenditure: 41283000 USD · 2026-01-01 – 2026-06-30 Source
  • Capital expenditure: 11832000 USD · 2026-01-01 – 2026-03-31 Source

Free cash flow

625 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Operating cash flow: 290658000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 97820000 USD · 2025-01-01 – 2025-06-30 Source
  • Operating cash flow: 643402000 USD · 2025-01-01 – 2025-12-31 Source
  • Operating cash flow: 290658000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: -5655000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: 175528000 USD · 2026-01-01 – 2026-06-30 Source
  • Operating cash flow: -5655000 USD · 2026-01-01 – 2026-03-31 Source
  • Capital expenditure: 52054000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 35154000 USD · 2025-01-01 – 2025-06-30 Source
  • Capital expenditure: 89692000 USD · 2025-01-01 – 2025-12-31 Source
  • Capital expenditure: 52054000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 11832000 USD · 2026-01-01 – 2026-03-31 Source
  • Capital expenditure: 41283000 USD · 2026-01-01 – 2026-06-30 Source
  • Capital expenditure: 11832000 USD · 2026-01-01 – 2026-03-31 Source

Company performance

Up to ten complete financial years · consolidated figures

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

Latest filing recorded: 2026-08-06.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 11 of 11 periods available· newest 2025-12-31
  • Operating income: 11 of 11 periods available· newest 2025-12-31
  • Net income: 11 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 11 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 11 of 11 periods available· newest 2025-12-31
  • Total assets: 11 of 11 periods available· newest 2025-12-31
  • Total liabilities: 11 of 11 periods available· newest 2025-12-31
  • Current assets: 11 of 11 periods available· newest 2025-12-31
  • Current liabilities: 11 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 11 of 11 periods available· newest 2025-12-31
  • Long-term debt including current maturities: 11 of 11 periods available· newest 2025-12-31
  • Shares outstanding: 11 of 11 periods available· newest 2025-12-31

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

    +12.1%

    Prior period

    USD 3.12 billion

    –

    Current period

    USD 3.5 billion

    –

    Exact inputs and evidence

    3498372000 − 3121189000 = 377183000 USD

    3121189000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    3498372000 USD · 2025-01-01 – 2025-12-31

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  • Net income

    +19.6%

    Prior period

    USD 404.98 million

    –

    Current period

    USD 484.23 million

    –

    Exact inputs and evidence

    484228000 − 404978000 = 79250000 USD

    404978000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    484228000 USD · 2025-01-01 – 2025-12-31

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  • Operating cash flow

    +18.2%

    Prior period

    USD 544.28 million

    –

    Current period

    USD 643.4 million

    –

    Exact inputs and evidence

    643402000 − 544275000 = 99127000 USD

    544275000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    643402000 USD · 2025-01-01 – 2025-12-31

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  • Capital expenditure

    +47.1%

    Prior period

    USD 60.97 million

    –

    Current period

    USD 89.69 million

    –

    Exact inputs and evidence

    89692000 − 60974000 = 28718000 USD

    60974000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    89692000 USD · 2025-01-01 – 2025-12-31

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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 2025-01-01 – 2025-12-31

  • Revenue USD 3.5 billion 100% of revenue
  • Operating costs Derived USD 2.86 billion 82% of revenue
  • Operating income USD 633.52 million 18% of revenue
  • Tax, interest and other Derived USD 149.29 million 4.3% of revenue
  • Net income USD 484.23 million 14% of revenue

Cash

  • Operating cash flow USD 643.4 million 18% of revenue
  • Capital expenditure USD 89.69 million 2.6% of revenue
  • Free cash flow Derived USD 553.71 million 16% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2016 86%
  • 2017 9.5%86%
  • 2018 11%85%
  • 2019 12%84%
  • 2020 88%
  • 2021 11%85%
  • 2022 12%83%
  • 2023 12%83%
  • 2024 13%83%
  • 2025 14%82%
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2016 2016-01-01 – 2016-12-312108931000 1812412000 Derived 296519000 109190000 Derived 187329000 376421000 Derived
Source
2017 2017-01-01 – 2017-12-312271026000 1945906000 Derived 325120000 110229000 Derived 214891000 336007000 Derived
Source
2018 2018-01-01 – 2018-12-312411835000 2038209000 Derived 373626000 97877000 Derived 275749000 282856000 Derived
Source
2019 2019-01-01 – 2019-12-312487961000 2084008000 Derived 403953000 96370000 Derived 307583000 351652000 Derived
Source
2020 2020-01-01 – 2020-12-312391336000 2102488000 Derived 288848000 87456000 Derived 201392000 213681000 Derived
Source
2021 2021-01-01 – 2021-12-312500761000 2123632000 Derived 377129000 114300000 Derived 262829000 346560000 Derived
Source
2022 2022-01-01 – 2022-12-312557025000 2133582000 Derived 423443000 129095000 Derived 294348000 256559000 Derived
Source
2023 2023-01-01 – 2023-12-312845373000 2360771000 Derived 484602000 130093000 Derived 354509000 403423000 Derived
Source
2024 2024-01-01 – 2024-12-313121189000 2592592000 Derived 528597000 123619000 Derived 404978000 483301000 Derived
Source
2025 2025-01-01 – 2025-12-313498372000 2864851000 Derived 633521000 149293000 Derived 484228000 553710000 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 3.5B 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.3.8B2.8B1.9B944.6M0.0201620212025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Revenue2108931000
2017Revenue2271026000
2018Revenue2411835000
2019Revenue2487961000
2020Revenue2391336000
2021Revenue2500761000
2022Revenue2557025000
2023Revenue2845373000
2024Revenue3121189000
2025Revenue3498372000

Revenue growth

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

12.1% 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.13.4%8.6%3.8%-0.9%-5.7%201620212025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2016Year over year-4.4%
2017Year over year7.7%
2018Year over year6.2%
2019Year over year3.2%
2020Year over year-3.9%
2021Year over year4.6%
2022Year over year2.2%
2023Year over year11.3%
2024Year over year9.7%
2025Year over year12.1%

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.

Operating margin 18.1% 2025
Net margin 13.8% 2025
Free cash flow margin 15.8% 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.19.6%14.7%9.8%4.9%0.0%201620212025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2016Operating margin14.1%
2017Operating margin14.3%
2018Operating margin15.5%
2019Operating margin16.2%
2020Operating margin12.1%
2021Operating margin15.1%
2022Operating margin16.6%
2023Operating margin17%
2024Operating margin16.9%
2025Operating margin18.1%
2016Net margin8.9%
2017Net margin9.5%
2018Net margin11.4%
2019Net margin12.4%
2020Net margin8.4%
2021Net margin10.5%
2022Net margin11.5%
2023Net margin12.5%
2024Net margin13%
2025Net margin13.8%
2016Free cash flow margin17.8%
2017Free cash flow margin14.8%
2018Free cash flow margin11.7%
2019Free cash flow margin14.1%
2020Free cash flow margin8.9%
2021Free cash flow margin13.9%
2022Free cash flow margin10%
2023Free cash flow margin14.2%
2024Free cash flow margin15.5%
2025Free cash flow margin15.8%

Operating cash flow

Cash generated by the company’s normal business operations.

USD 643.4M 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.694.9M521.2M347.4M173.7M0.0201620212025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Operating cash flow423197000
2017Operating cash flow388712000
2018Operating cash flow336273000
2019Operating cash flow421404000
2020Operating cash flow261180000
2021Operating cash flow387668000
2022Operating cash flow294776000
2023Operating cash flow448089000
2024Operating cash flow544275000
2025Operating cash flow643402000

Free cash flow

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

USD 553.7M 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.598.0M448.5M299.0M149.5M0.0201620212025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Free cash flow376421000
2017Free cash flow336007000
2018Free cash flow282856000
2019Free cash flow351652000
2020Free cash flow213681000
2021Free cash flow346560000
2022Free cash flow256559000
2023Free cash flow403423000
2024Free cash flow483301000
2025Free cash flow553710000

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.

51.5% 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.62%47%31%16%0%201620212025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2016Liabilities / assets57.5%
2017Liabilities / assets52.8%
2018Liabilities / assets53%
2019Liabilities / assets52.9%
2020Liabilities / assets55.5%
2021Liabilities / assets55.5%
2022Liabilities / assets55.5%
2023Liabilities / assets49.6%
2024Liabilities / assets50.9%
2025Liabilities / assets51.5%

Current assets to current liabilities

Current assets divided by current liabilities.

1.44× 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.2.56×1.92×1.28×0.64×0.00×201620212025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2016Current assets / current liabilities2.1×
2017Current assets / current liabilities2.37×
2018Current assets / current liabilities1.96×
2019Current assets / current liabilities2.05×
2020Current assets / current liabilities1.61×
2021Current assets / current liabilities1.78×
2022Current assets / current liabilities1.55×
2023Current assets / current liabilities2.13×
2024Current assets / current liabilities1.69×
2025Current assets / current liabilities1.44×

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
2016 2016-01-01 – 2016-12-31
USD 187.33 million
Exact value

Exact value: 187329000 USD

2016-01-01 – 2016-12-31: 187329000 USD Inspect Net Income Open source
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USD 423.2 million
Exact value

Exact value: 423197000 USD

2016-01-01 – 2016-12-31: 423197000 USD Inspect Operating Cash Flow Open source
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USD 46.78 million
Exact value

Exact value: 46776000 USD

2016-01-01 – 2016-12-31: 46776000 USD Inspect Capital Expenditure Open source
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USD 376.42 million
Calculation and evidence

423197000 − 46776000 USD

Exact free cash flow: 376421000 USD

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2017 2017-01-01 – 2017-12-31
USD 214.89 million
Exact value

Exact value: 214891000 USD

2017-01-01 – 2017-12-31: 214891000 USD Inspect Net Income Open source
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USD 388.71 million
Exact value

Exact value: 388712000 USD

2017-01-01 – 2017-12-31: 388712000 USD Inspect Operating Cash Flow Open source
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USD 52.71 million
Exact value

Exact value: 52705000 USD

2017-01-01 – 2017-12-31: 52705000 USD Inspect Capital Expenditure Open source
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USD 336.01 million
Calculation and evidence

388712000 − 52705000 USD

Exact free cash flow: 336007000 USD

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2018 2018-01-01 – 2018-12-31
USD 275.75 million
Exact value

Exact value: 275749000 USD

2018-01-01 – 2018-12-31: 275749000 USD Inspect Net Income Open source
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USD 336.27 million
Exact value

Exact value: 336273000 USD

2018-01-01 – 2018-12-31: 336273000 USD Inspect Operating Cash Flow Open source
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USD 53.42 million
Exact value

Exact value: 53417000 USD

2018-01-01 – 2018-12-31: 53417000 USD Inspect Capital Expenditure Open source
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USD 282.86 million
Calculation and evidence

336273000 − 53417000 USD

Exact free cash flow: 282856000 USD

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2019 2019-01-01 – 2019-12-31
USD 307.58 million
Exact value

Exact value: 307583000 USD

2019-01-01 – 2019-12-31: 307583000 USD Inspect Net Income Open source
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USD 421.4 million
Exact value

Exact value: 421404000 USD

2019-01-01 – 2019-12-31: 421404000 USD Inspect Operating Cash Flow Open source
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USD 69.75 million
Exact value

Exact value: 69752000 USD

2019-01-01 – 2019-12-31: 69752000 USD Inspect Capital Expenditure Open source
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USD 351.65 million
Calculation and evidence

421404000 − 69752000 USD

Exact free cash flow: 351652000 USD

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2020 2020-01-01 – 2020-12-31
USD 201.39 million
Exact value

Exact value: 201392000 USD

2020-01-01 – 2020-12-31: 201392000 USD Inspect Net Income Open source
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USD 261.18 million
Exact value

Exact value: 261180000 USD

2020-01-01 – 2020-12-31: 261180000 USD Inspect Operating Cash Flow Open source
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USD 47.5 million
Exact value

Exact value: 47499000 USD

2020-01-01 – 2020-12-31: 47499000 USD Inspect Capital Expenditure Open source
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USD 213.68 million
Calculation and evidence

261180000 − 47499000 USD

Exact free cash flow: 213681000 USD

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2021 2021-01-01 – 2021-12-31
USD 262.83 million
Exact value

Exact value: 262829000 USD

2021-01-01 – 2021-12-31: 262829000 USD Inspect Net Income Open source
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USD 387.67 million
Exact value

Exact value: 387668000 USD

2021-01-01 – 2021-12-31: 387668000 USD Inspect Operating Cash Flow Open source
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USD 41.11 million
Exact value

Exact value: 41108000 USD

2021-01-01 – 2021-12-31: 41108000 USD Inspect Capital Expenditure Open source
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USD 346.56 million
Calculation and evidence

387668000 − 41108000 USD

Exact free cash flow: 346560000 USD

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2022 2022-01-01 – 2022-12-31
USD 294.35 million
Exact value

Exact value: 294348000 USD

2022-01-01 – 2022-12-31: 294348000 USD Inspect Net Income Open source
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USD 294.78 million
Exact value

Exact value: 294776000 USD

2022-01-01 – 2022-12-31: 294776000 USD Inspect Operating Cash Flow Open source
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USD 38.22 million
Exact value

Exact value: 38217000 USD

2022-01-01 – 2022-12-31: 38217000 USD Inspect Capital Expenditure Open source
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USD 256.56 million
Calculation and evidence

294776000 − 38217000 USD

Exact free cash flow: 256559000 USD

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2023 2023-01-01 – 2023-12-31
USD 354.51 million
Exact value

Exact value: 354509000 USD

2023-01-01 – 2023-12-31: 354509000 USD Inspect Net Income Open source
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USD 448.09 million
Exact value

Exact value: 448089000 USD

2023-01-01 – 2023-12-31: 448089000 USD Inspect Operating Cash Flow Open source
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USD 44.67 million
Exact value

Exact value: 44666000 USD

2023-01-01 – 2023-12-31: 44666000 USD Inspect Capital Expenditure Open source
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USD 403.42 million
Calculation and evidence

448089000 − 44666000 USD

Exact free cash flow: 403423000 USD

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2024 2024-01-01 – 2024-12-31
USD 404.98 million
Exact value

Exact value: 404978000 USD

2024-01-01 – 2024-12-31: 404978000 USD Inspect Net Income Open source
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USD 544.28 million
Exact value

Exact value: 544275000 USD

2024-01-01 – 2024-12-31: 544275000 USD Inspect Operating Cash Flow Open source
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USD 60.97 million
Exact value

Exact value: 60974000 USD

2024-01-01 – 2024-12-31: 60974000 USD Inspect Capital Expenditure Open source
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USD 483.3 million
Calculation and evidence

544275000 − 60974000 USD

Exact free cash flow: 483301000 USD

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2025 2025-01-01 – 2025-12-31
USD 484.23 million
Exact value

Exact value: 484228000 USD

2025-01-01 – 2025-12-31: 484228000 USD Inspect Net Income Open source
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USD 643.4 million
Exact value

Exact value: 643402000 USD

2025-01-01 – 2025-12-31: 643402000 USD Inspect Operating Cash Flow Open source
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USD 89.69 million
Exact value

Exact value: 89692000 USD

2025-01-01 – 2025-12-31: 89692000 USD Inspect Capital Expenditure Open source
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USD 553.71 million
Calculation and evidence

643402000 − 89692000 USD

Exact free cash flow: 553710000 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.

231 filings · 7,422 latest values · 7,422 originally reported values

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

Identifiers: 0000026324, 26324, CW, cw, edgar:26324

Also known as CURTISS WRIGHT CORP, CURTISS-WRIGHT CORPORATION, Curtiss Wright Corporation