Woodward, Inc. (WWD)

Woodward Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Revenue	3,567	3,324	2,915	2,383	2,246
Revenue Growth (YoY)	7.30%	14.06%	22.32%	6.10%	-10.01%
Cost of Revenue	2,604	2,448	2,237	1,857	1,695
Gross Profit	962.83	876.48	677.58	525.31	551.06
Selling, General & Admin	319.71	294.5	270.48	198.9	179.66
Research & Development	147.57	140.68	132.1	119.78	117.09
Operating Expenses	467.28	435.18	402.58	318.69	296.75
Operating Income	495.55	441.3	275.01	206.62	254.31
Interest Expense	-35.11	-36.25	-36.56	-27.08	-27.37
Interest & Investment Income	4.19	6.46	2.75	1.81	1.5
Earnings From Equity Investments	45.85	41.19	36.85	18.19	11.37
Other Non Operating Income (Expenses)	6.05	8.95	4.39	-4.85	6.55
EBT Excluding Unusual Items	516.53	461.66	282.43	194.7	246.36
Merger & Restructuring Charges	20.52	-4.38	-5.17	3.42	-5.01
Gain (Loss) on Sale of Assets	-1.79	0.46	-1.49	1.78	4.45
Asset Writedown	-6.54	-	-	-	-
Other Unusual Items	-7.31	-3.77	-	-	-
Pretax Income	521.41	453.97	275.77	199.9	245.8
Income Tax Expense	79.3	81	43.4	28.2	37.15
Net Income	442.11	372.97	232.37	171.7	208.65
Net Income to Common	442.11	372.97	232.37	171.7	208.65
Net Income Growth	18.54%	60.51%	35.34%	-17.71%	-13.21%
Shares Outstanding (Basic)	60	60	60	62	63
Shares Outstanding (Diluted)	61	62	61	63	66
Shares Change (YoY)	-1.00%	0.98%	-2.80%	-3.51%	2.10%
EPS (Basic)	7.42	6.21	3.88	2.79	3.30
EPS (Diluted)	7.19	6.01	3.78	2.71	3.18
EPS Growth	19.63%	58.99%	39.48%	-14.78%	-14.97%
Free Cash Flow	340.37	342.81	232.04	140.77	426.98
Free Cash Flow Per Share	5.54	5.52	3.77	2.23	6.51
Dividend Per Share	1.090	0.970	0.850	0.733	0.569
Dividend Growth	12.37%	14.12%	16.04%	28.78%	-5.98%
Gross Margin	26.99%	26.37%	23.25%	22.05%	24.54%
Operating Margin	13.89%	13.28%	9.44%	8.67%	11.32%
Profit Margin	12.39%	11.22%	7.97%	7.21%	9.29%
Free Cash Flow Margin	9.54%	10.31%	7.96%	5.91%	19.01%
EBITDA	608.83	557.47	394.75	327.25	383.84
EBITDA Margin	17.07%	16.77%	13.54%	13.73%	17.09%
D&A For EBITDA	113.28	116.17	119.74	120.63	129.52
EBIT	495.55	441.3	275.01	206.62	254.31
EBIT Margin	13.89%	13.28%	9.44%	8.67%	11.32%
Effective Tax Rate	15.21%	17.84%	15.74%	14.11%	15.11%

Updated Nov 24, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q