Woodward Cash Flow Statement

Financials in millions USD. Fiscal year is October - September.

Millions USD. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Net Income	442.11	372.97	232.37	171.7	208.65
Depreciation & Amortization	113.28	116.17	119.74	120.63	129.52
Loss (Gain) From Sale of Assets	-18.73	-0.46	1.49	-1.78	-4.45
Stock-Based Compensation	31.67	33.05	23.38	20.11	21.48
Other Operating Activities	-52.36	-44.61	-40.16	-23.23	-11.96
Change in Accounts Receivable	-49.95	-15.37	-137	-98.83	24.75
Change in Inventory	-49.62	-84.94	3.23	-110.2	18.87
Change in Accounts Payable	56.82	63.66	67.45	122.96	61.79
Change in Unearned Revenue	-3.04	31.54	20.12	12.47	24.85
Change in Income Taxes	31.99	-18.07	-3.65	29.64	21.51
Change in Other Net Operating Assets	-30.87	-14.85	21.57	-49.84	-30.33
Operating Cash Flow	471.29	439.09	308.54	193.64	464.67
Operating Cash Flow Growth	7.33%	42.31%	59.34%	-58.33%	32.96%
Capital Expenditures	-130.93	-96.28	-76.5	-52.87	-37.69
Sale of Property, Plant & Equipment	0.04	2.29	0.49	0.04	0.15
Cash Acquisitions	-41.68	-	0.88	-21.55	-
Divestitures	50.07	1.8	-	6	-
Investment in Securities	2.94	2.97	1.58	2.93	2.24
Investing Cash Flow	-119.55	-89.22	-73.55	-65.45	-35.3
Short-Term Debt Issued	2,286	2,963	2,324	952	74.4
Total Debt Issued	2,286	2,963	2,324	952	74.4
Short-Term Debt Repaid	-2,381	-2,746	-2,390	-885.2	-74.4
Long-Term Debt Repaid	-85.97	-75.82	-0.78	-0.8	-101.64
Total Debt Repaid	-2,467	-2,822	-2,391	-886	-176.04
Net Debt Issued (Repaid)	-180.67	141.18	-67.58	66	-101.64
Issuance of Common Stock	104.58	89.88	50.75	21.9	34.71
Repurchase of Common Stock	-172.86	-390.82	-126.38	-485.3	-33.34
Common Dividends Paid	-64.98	-58.29	-51.03	-44.98	-36.04
Other Financing Activities	-	-	-2.24	-	-
Financing Cash Flow	-313.93	-218.05	-196.47	-442.38	-136.32
Foreign Exchange Rate Adjustments	7.35	13	-8.92	-26.43	2.14
Net Cash Flow	45.16	144.82	29.6	-340.62	295.19
Free Cash Flow	340.37	342.81	232.04	140.77	426.98
Free Cash Flow Growth	-0.71%	47.73%	64.84%	-67.03%	41.20%
Free Cash Flow Margin	9.54%	10.31%	7.96%	5.91%	19.01%
Free Cash Flow Per Share	5.54	5.52	3.77	2.23	6.51
Cash Interest Paid	34.73	36.7	35.31	27.44	27.57
Cash Income Tax Paid	100.76	145.53	88.85	22.08	24.91
Levered Free Cash Flow	247.08	255.74	158.26	120.73	372.57
Unlevered Free Cash Flow	269.03	278.4	181.11	137.65	389.67
Change in Working Capital	-44.68	-38.04	-28.29	-93.8	121.44

Source: S&P Global Market Intelligence. Standard template. Financial Sources.