Loading…
Woodward
$20.6B
Market Cap
35.1
P/E
2.07
PEG
14.2%
ROCE
18.6%
ROE
0.23
D/E
13.4%
OPM
-20.7%
% from 52W High
71
α RS
🔍 WWD is showing a high-conviction setup because it matches 7 of 37 tracked screener presets and RS Rating is 68. Net: Partial signal stack, not a recommendation. ? Conviction RS Rating
Sources
Conviction 7/37 · RS Rating 68
⚖️ Compare 🔒 Generate Report 🔒 Research Packet 📚 Guides
🌏 Global Investor Returns
Currency-adjusted total returns for WWD including FX impact
🌏
Click 🌏 Returns tab to load data
📈 Price History
Ratio Health
Excellent
Good
Average
Poor
By Category
📊 Sector Averages
About

Woodward, Inc. designs, manufactures, and services control solutions for the aerospace and industrial markets worldwide.

Key Ratios Snapshot
📈 Growth Pattern
📊 Quick Scorecard
Loading…
⭐ Superinvestors Holding WWD
View All Superinvestors →
Manager Shares Value % of Fund Period
Stan Druckenmiller Duquesne Family Office 211.4K $75.6M 2.24% Mar 2026
Steve Cohen Point72 Asset Management 149.2K $53.4M 0.07% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

🔒
Premium Feature
AI-generated 10-section company profile — business model, financials, strengths, risks & management quality
Upgrade to Premium
Already a member? Log in
📐
3-Statement Financial Model
Bear / Base / Bull projections · DCF fair value · Reverse-DCF
Open Model →
🎙 Management Tone Confident Specific → Stable 5 quarters Full tone analysis in Intelligence →
Good quarter Investor Presentation One-Pager? Q3 2026
Revenue
$1.1B
+21% YoY
Operating Income
$208M
+51% YoY
Operating Margin
18.7%
+3.7pp YoY
Net Income
$147M
+35% YoY
What Went Right
  • Adjusted EPS rose 43% to $2.52 on 21% sales growth.
  • Industrial segment margin expanded 720bps to 22.1%, helped by volume leverage and price.
  • Commercial aerospace OEM sales surged 34% and commercial services grew 24%.
What to Watch
  • Defense OEM sales fell 6% due to a one-time revenue recognition adjustment; excluding it, growth was mid-single digits.
  • Free cash flow declined 12% to $87M in Q3, with higher inventories and accounts receivable timing cited.
  • China on-highway wind-down means no significant sales in Q4, which could pressure Industrial growth.
Management Guidance
  • FY2026 adjusted EPS raised to $9.30-$9.50.
  • Aerospace sales growth guided to 21%-23% with margins around 23.5%.
  • Industrial sales growth raised to 19%-21% with margins around 19%.
  • Adjusted tax rate expected to be approximately 22.5%.
Investor Lens
The thesis is stronger after this call: both segments delivered double-digit growth and margin expansion, pricing remains a tailwind, and management raised full-year EPS guidance despite a conservative Q4. The main offsets are temporary — a defense revenue adjustment, working capital build, and the China on-highway exit — while underlying commercial aero and power generation demand stay robust. Watch whether services growth normalizes as LRU inputs level off and price increases moderate to 3%-5%.
From investor presentation · AI-generated analysis · Not investment advice
🔒
Premium Feature
Investor Presentation One-Pager — quarterly highlights, what went right/wrong & management guidance
Upgrade to Premium
Already a member? Log in
📈 STRONG Strong quarter: revenue +21%, adjusted EPS +43%, guidance raised.
Revenue
Net sales rose 21% to $1.1B. Aerospace sales grew 19% to $709M, led by commercial OEM +34% and commercial services +24%. Industrial sales grew 26% to $401M, with core industrial (ex-China on-highway) up 19%.
Profitability
Net income increased 35% to $147M, and adjusted EPS rose 43% to $2.52. EBIT grew 51% to $208M, with adjusted EBIT of $217M.
Margins
Consolidated operating margin, based on EBIT, improved to 18.7% from 15.0%. Aerospace margin expanded 290bps to 24.0%, while industrial margin jumped 720bps to 22.1%; core industrial margin was 21.2%.
Balance Sheet
Free cash flow was $87M in Q3; YTD free cash flow rose 23% to $196M. Capital expenditures totaled $156M YTD, with a meaningful Q4 step-up expected. Debt leverage stood at 1.6x EBITDA.
Key Risks
Defense OEM was negatively impacted by a one-time revenue recognition adjustment. Management noted supply chain issues remain, particularly in castings and forgings and rare earth metals. Commercial aftermarket LRU performance is expected to remain elevated but moderate slightly in Q4.
Outlook
Management raised FY2026 adjusted EPS guidance to $9.30-$9.50. They expect Aerospace sales growth of 21%-23% with ~23.5% margin and Industrial sales growth of 19%-21% with ~19% margin.
Generated by AI · Q3 2026 results · Not investment advice
🔒
Free Account Required

Create a free Finmagine account to access Finmagine™ Scorecard.

See how this company scores across 5 dimensions — Financial Health, Growth Prospects, Competitive Position, Management Quality, and Valuation — powered by 30+ computed ratios.

Create Free AccountLog In
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Ask AI.

Get 25 expert AI analysis templates — Business KPIs, Comprehensive, Forensic Governance, Peer Comparison, Risk-Reward, Full Research Report, IPO Decoder, Red Flag Detector, and more — ready to paste into ChatGPT, Claude, Gemini, or Perplexity.

Upgrade to PremiumCreate Free Account
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Peer Comparison.

Compare this company side-by-side against its sector peers with financial metrics, ratio benchmarking, and relative performance across all key dimensions.

Upgrade to PremiumCreate Free Account
✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
🔍
🔎 See cross-company document search → ?
📞 Earnings Call Transcripts (5)
Q3 2026 Q3 2026 2026-07-29
Q3 delivered record sales and margin expansion, driven by strong demand, pricing, and productivity gains. Guidance for 2026 was raised, with robust growth expected in both aerospace and industrial segments, and significant capital returns to shareholders.
Q2 2026 Q2 2026 2026-04-29
Record Q2 sales and earnings led to raised full-year guidance, with both aerospace and industrial segments achieving double-digit growth. Strategic acquisitions, divestitures, and capacity investments support long-term expansion, while robust demand and operational improvements drive margin gains.
Q1 2026 Q1 2026 2026-02-02
First quarter 2026 delivered 29% sales growth and 54% EPS growth, driven by strong aerospace and industrial demand, with robust commercial services and operational improvements. Guidance for full-year sales and EPS was raised, while supply chain and inventory challenges remain key risks.
Q4 2025 Q4 2025 2025-11-24
Record revenue and earnings driven by strong aerospace and industrial performance, with robust growth in defense OEM and commercial services. FY2026 guidance projects continued sales and margin expansion, supported by strategic investments in automation and new facilities.
Q3 2025 Q3 2025 2025-07-28
Q3 delivered record sales and EPS, driven by strong aerospace and core industrial growth. Guidance for FY2025 was raised, with major wins including the Airbus A350 spoiler actuator and Safran acquisition, while increased CapEx and working capital are planned to support future growth.
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Catalyst Timeline.

Every result, order win, insider trade, ECS update, earnings-call, and SEC announcement for this company — in one chronological lane.

Upgrade to PremiumCreate Free Account
🔒
Premium Feature

Upgrade to Finmagine Premium to unlock Full Report.

Read the complete Finmagine™ investment research report — comprehensive fundamental analysis, business model assessment, competitive positioning, and investment recommendation.

Upgrade to PremiumCreate Free Account

📊 Analysis Methodology

This comprehensive investment analysis was conducted using The Finmagine™ Stock Analysis & Ranking Methodology, a proprietary framework that systematically evaluates stocks across five critical dimensions: Financial Health, Growth Prospects, Competitive Positioning, Management Quality, and Valuation.

🎯
Discover Our Proven Investment Framework Learn how we analyze and rank stocks using advanced quantitative models, multi-dimensional scoring systems, and dynamic discriminatory ranking techniques that have guided successful investment decisions across market cycles.
📊 Explore The Finmagine™ Methodology

A comprehensive, bias-free framework for analyzing and ranking stocks by Financial Strength, Growth Potential, Competitive Edge, Management Quality, and Value.

Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

⚠️ Important Disclaimers — Please read without fail.

Investment Risk:
Investing in securities, including US equities and ETFs, involves inherent risks including the potential loss of principal. All investments are subject to market fluctuations, economic conditions, regulatory changes, and other factors that may affect their value. Past performance is not indicative of future results. This analysis is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

No Investment Recommendation:
This analysis does not constitute, nor should it be interpreted as, an offer, solicitation, or recommendation to buy, sell, or hold any securities or financial products. Investors are strongly advised to conduct their own independent research and due diligence and to consult with a licensed financial advisor or an SEC-registered investment adviser before making any investment decisions, taking into account their individual financial situation, risk tolerance, and investment objectives.

Not SEC-Registered:
Finmagine is not registered as an investment adviser with the U.S. Securities and Exchange Commission (SEC) or any state securities authority. Nothing on this platform constitutes investment advice as defined under the Investment Advisers Act of 1940.

Conflict of Interest Disclosure:
The author and/or analyst may currently hold or have previously held positions in the securities discussed. Any such positions are not intended to influence the objectivity or independence of the analysis. This research is produced independently and is not sponsored, endorsed, or commissioned by any company or institution.

Information Sources:
The analysis is based on publicly available information including SEC filings (10-K, 10-Q), annual reports, management commentary, and publicly available financial data. Information is believed to be accurate as of the date of publication but may be subject to change without notice. Readers are encouraged to independently verify all information before acting upon it.

Forward-Looking Statements:
This analysis may contain forward-looking statements, forecasts, or projections that are inherently subject to risks, uncertainties, and assumptions. Actual results may differ materially from those expressed or implied. Finmagine does not undertake any obligation to update such statements in the future.

Limitation of Liability:
The content is provided "as is" without any warranties, express or implied. Finmagine expressly disclaims any liability for errors, omissions, or any losses incurred as a result of reliance on the information provided. Readers assume full responsibility for their investment decisions.