Curtiss-Wright Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	3,498	3,121	2,845	2,557	2,501
Revenue Growth (YoY)	12.08%	9.69%	11.28%	2.25%	4.58%
Cost of Revenue	2,197	1,968	1,778	1,602	1,573
Gross Profit	1,302	1,154	1,067	954.61	927.8
Selling, General & Admin	534.83	487.11	467.92	428.63	428.88
Research & Development	95.16	91.65	85.76	80.84	88.49
Operating Expenses	629.99	578.76	553.68	509.46	517.37
Operating Income	671.54	574.79	513.5	445.15	410.43
Interest Expense	-43.15	-44.87	-51.39	-46.98	-40.24
Other Non Operating Income (Expenses)	-2.29	7.37	0.97	0.18	1.22
EBT Excluding Unusual Items	626.1	537.29	463.07	398.35	371.41
Merger & Restructuring Charges	-4.5	-14.45	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-4.65	-19.09
Other Unusual Items	-1.59	-0.79	-	-4.5	-3.36
Pretax Income	620.01	522.06	463.07	389.2	348.96
Income Tax Expense	135.78	117.08	108.56	94.85	86.13
Earnings From Continuing Operations	484.23	404.98	354.51	294.35	262.83
Net Income	484.23	404.98	354.51	294.35	262.83
Net Income to Common	484.23	404.98	354.51	294.35	262.83
Net Income Growth	19.57%	14.24%	20.44%	11.99%	30.51%
Shares Outstanding (Basic)	37	38	38	38	40
Shares Outstanding (Diluted)	38	38	39	39	41
Shares Change (YoY)	-1.93%	-0.40%	-0.31%	-4.81%	-3.33%
EPS (Basic)	12.94	10.61	9.26	7.67	6.50
EPS (Diluted)	12.87	10.55	9.20	7.62	6.47
EPS Growth	21.99%	14.67%	20.73%	17.77%	34.79%
Free Cash Flow	553.71	483.3	403.42	256.56	346.56
Free Cash Flow Per Share	14.71	12.60	10.47	6.64	8.54
Dividend Per Share	0.930	0.830	0.790	0.750	0.710
Dividend Growth	12.05%	5.06%	5.33%	5.63%	4.41%
Gross Margin	37.20%	36.96%	37.51%	37.33%	37.10%
Operating Margin	19.20%	18.42%	18.05%	17.41%	16.41%
Profit Margin	13.84%	12.97%	12.46%	11.51%	10.51%
Free Cash Flow Margin	15.83%	15.48%	14.18%	10.03%	13.86%
EBITDA	796.36	682.46	629.67	557.17	524.81
EBITDA Margin	22.76%	21.87%	22.13%	21.79%	20.99%
D&A For EBITDA	124.82	107.67	116.17	112.03	114.38
EBIT	671.54	574.79	513.5	445.15	410.43
EBIT Margin	19.20%	18.42%	18.05%	17.41%	16.41%
Effective Tax Rate	21.90%	22.43%	23.44%	24.37%	24.68%
Revenue as Reported	3,498	3,121	2,845	2,557	2,501

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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