Curtiss-Wright Corporation (CW)

Curtiss-Wright Cash Flow Statement

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

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	555.24	484.23	404.98	354.51	294.35	262.83
Depreciation & Amortization	116.65	124.82	107.67	116.17	112.03	114.38
Loss (Gain) From Sale of Assets	-0.08	0.36	-0.01	-2.88	-0.02	18.52
Asset Writedown & Restructuring Costs	-	0.47	4.27	-	-	-
Stock-Based Compensation	29.03	21.52	18.89	16.8	15.38	13.45
Other Operating Activities	18.37	15	-11.82	2.91	-23.64	-10.2
Change in Accounts Receivable	-76.28	-82.85	-88.81	-2.39	-75.96	-61.17
Change in Inventory	-81.23	-63.48	-34.5	-21.57	-62.56	13.55
Change in Accounts Payable	67.79	73.93	16.02	-15.78	98.34	17.71
Change in Unearned Revenue	141.23	97.68	144.27	47.91	-17.65	14.65
Change in Income Taxes	-	-	-	-	-	-14.21
Change in Other Net Operating Assets	-62.04	-28.27	-16.69	-47.59	-45.51	18.15
Operating Cash Flow	708.69	643.4	544.28	448.09	294.78	387.67
Operating Cash Flow Growth	19.72%	18.21%	21.47%	52.01%	-23.96%	48.43%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-118.95	-89.69	-60.97	-44.67	-38.22	-41.11
Sale of Property, Plant & Equipment	1.74	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	-
Other Investing Activities	25.51	-	-	-	-	-
Investing Cash Flow	-91.7	-90.12	-283.31	-35.52	-325.87	-42.4

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Short-Term Debt Issued	-	475.1	21.31	638.12	-	-
Long-Term Debt Issued	-	-	-	-	1,998	455.95
Total Debt Issued	337.35	475.1	21.31	638.12	1,998	455.95
Short-Term Debt Repaid	-	-475.1	-21.31	-638.12	-	-
Long-Term Debt Repaid	-	-90	-	-202.5	-1,792	-462.05
Total Debt Repaid	-347.85	-565.1	-21.31	-840.62	-1,792	-462.05
Net Debt Issued (Repaid)	-10.5	-90	-	-202.5	206.1	-6.1
Issuance of Common Stock	13.06	12.54	11.35	10.58	10	9.71
Repurchase of Common Stock	-521.51	-464.95	-250	-50.14	-56.87	-343.13
Common Dividends Paid	-36.23	-34.73	-31.66	-30.25	-28.78	-28.66
Other Financing Activities	-0.22	-1.16	-1.18	-1.1	-1.02	-0.95
Financing Cash Flow	-555.4	-578.3	-271.49	-273.4	129.43	-369.13

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Foreign Exchange Rate Adjustments	-5.89	11.32	-11.3	10.73	-12.37	-3.38
Net Cash Flow	55.69	-13.7	-21.83	149.89	85.97	-27.24

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	589.74	553.71	483.3	403.42	256.56	346.56
Free Cash Flow Growth	14.15%	14.57%	19.80%	57.24%	-25.97%	62.19%
Free Cash Flow Margin	15.78%	15.83%	15.48%	14.18%	10.03%	13.86%
Free Cash Flow Per Share	15.92	14.71	12.60	10.47	6.64	8.54
Levered Free Cash Flow	503.08	465.74	442.62	353.15	254.89	310.16
Unlevered Free Cash Flow	529.44	492.71	470.66	385.27	284.25	335.31

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	42	42	42	52	42	40
Cash Income Tax Paid	134.3	134.3	135.7	136.4	61.1	107.1
Change in Working Capital	-10.53	-2.99	20.3	-39.42	-103.33	-11.32

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Nov 5, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 10, 2026

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