Curtiss-Wright Corporation (CW)

Curtiss-Wright Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	484.23	404.98	354.51	294.35	262.83
Depreciation & Amortization	124.82	107.67	116.17	112.03	114.38
Loss (Gain) From Sale of Assets	0.36	-0.01	-2.88	-0.02	18.52
Asset Writedown & Restructuring Costs	0.47	4.27	-	-	-
Stock-Based Compensation	21.52	18.89	16.8	15.38	13.45
Other Operating Activities	15	-11.82	2.91	-23.64	-10.2
Change in Accounts Receivable	-82.85	-88.81	-2.39	-75.96	-61.17
Change in Inventory	-63.48	-34.5	-21.57	-62.56	13.55
Change in Accounts Payable	73.93	16.02	-15.78	98.34	17.71
Change in Unearned Revenue	97.68	144.27	47.91	-17.65	14.65
Change in Income Taxes	-	-	-	-	-14.21
Change in Other Net Operating Assets	-28.27	-16.69	-47.59	-45.51	18.15
Operating Cash Flow	643.4	544.28	448.09	294.78	387.67
Operating Cash Flow Growth	18.21%	21.47%	52.01%	-23.96%	48.43%
Capital Expenditures	-89.69	-60.97	-44.67	-38.22	-41.11
Sale of Property, Plant & Equipment	1.27	3.21	9.15	9.84	4.05
Cash Acquisitions	-9.62	-225.54	-	-287.49	-5.34
Investment in Securities	7.92	-	-	-10	-
Investing Cash Flow	-90.12	-283.31	-35.52	-325.87	-42.4
Long-Term Debt Issued	475.1	21.31	638.12	1,998	455.95
Long-Term Debt Repaid	-565.1	-21.31	-840.62	-1,792	-462.05
Net Debt Issued (Repaid)	-90	-	-202.5	206.1	-6.1
Issuance of Common Stock	12.54	11.35	10.58	10	9.71
Repurchase of Common Stock	-464.95	-250	-50.14	-56.87	-343.13
Common Dividends Paid	-34.73	-31.66	-30.25	-28.78	-28.66
Other Financing Activities	-1.16	-1.18	-1.1	-1.02	-0.95
Financing Cash Flow	-578.3	-271.49	-273.4	129.43	-369.13
Foreign Exchange Rate Adjustments	11.32	-11.3	10.73	-12.37	-3.38
Net Cash Flow	-13.7	-21.83	149.89	85.97	-27.24
Free Cash Flow	553.71	483.3	403.42	256.56	346.56
Free Cash Flow Growth	14.57%	19.80%	57.24%	-25.97%	62.19%
Free Cash Flow Margin	15.83%	15.48%	14.18%	10.03%	13.86%
Free Cash Flow Per Share	14.71	12.60	10.47	6.64	8.54
Cash Interest Paid	42	42	52	42	40
Cash Income Tax Paid	134.3	135.7	136.4	61.1	107.1
Levered Free Cash Flow	465.74	442.62	353.15	254.89	310.16
Unlevered Free Cash Flow	492.71	470.66	385.27	284.25	335.31
Change in Working Capital	-2.99	20.3	-39.42	-103.33	-11.32

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

SEC Filings: 10-K · 10-Q