Stocks · Industrials · Aerospace & Defense

Woodward, Inc. WWD

$331.62 -1.36% Close, Oct 2, 2026 · NASDAQ · Market cap $19.76B

Strong growth

Next earnings report: Nov 23, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. Earnings beat analyst estimates in each of the last 14 quarters (average surprise over the last four: +13.5%).
  2. Diluted EPS over the last four quarters was $8.99, up 42.2% year over year.
  3. The stock is in a downtrend: below its 200-day average, with the 50-day average below the 200-day.

PromtFinance scores

Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.

Growth92Exceptional

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Top 20%
  • EPS growth (TTM, YoY)Top 24%
  • FCF growth (TTM, YoY)Top 31%
  • Revenue growth, 3-year CAGRTop 20%
  • Revenue growth accelerationTop 31%
Quality63Neutral

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalTop 19%
  • Gross marginTop 47%
  • Operating marginTop 20%
  • Cash conversion (OCF / net income)Bottom 21%
  • Accruals (lower is better)Bottom 18%
  • Net debt / EBITDA (lower is better)Top 36%
  • Interest coverTop 18%
Value33Weak

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldTop 49%
  • Free-cash-flow yieldBottom 38%
  • EBITDA / enterprise valueBottom 35%
  • Sales / enterprise valueBottom 19%
  • P/E vs own 5-year history (lower is better)Top 48%
Momentum50Neutral

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthTop 29%
  • 6-month returnBottom 30%
  • 1-year return vs S&P 500Top 30%
  • Distance from 52-week highBottom 47%
  • Trend checklist (0–4)Bottom 40%
Revisions82Strong

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersTop 30%
  • Consecutive EPS beatsTop 5%
  • Share of analysts rating BuyTop 44%
  • Upside to consensus price targetBottom 44%
Stability76Positive

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Top 30%
  • Maximum drawdown, 3 yearsTop 9%
  • Beta vs S&P 500 (lower is better)Bottom 42%
  • Net debt / EBITDA (lower is better)Top 36%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)19.0%22.3%↑
EPS growth (YoY)34.9%42.2%↑
Gross margin25.9%29.5%↑
Operating margin12.8%16.0%↑
FCF margin8.1%9.0%↑

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)22.3%19.0%↑Top 20%
EPS growth (TTM, YoY)42.2%34.9%↑Top 24%
Gross margin29.5%25.9%↑Top 47%
Operating margin16.0%12.8%↑Top 20%
Net margin13.2%11.3%↑—
Free-cash-flow margin9.0%8.1%↑—
Return on invested capital11.9%—Top 19%
Revenue growth, 3-year CAGR14.4%—Top 20%

Quality of earnings and balance sheet

Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
1.06×
Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
-0.6%
Stock-based compensation / revenueA cost to shareholders through dilution.
0.8%
Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
-0.3 pp
Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
1.03×
Interest cover (operating income / interest)How many times operating profit covers interest.
14.2×

Shareholder returns

Dividend yield (dividends paid, TTM)
0.36%
Net buyback yield (TTM)
2.73%
Shareholder yield
3.09%
Share count change, 1 year
-0.1%
Share count change, 3-year CAGR
-0.1%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Jun 30, 2026 (filed Jul 30, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
14
Beats in the last 8 reports
8 of 8
Average EPS surprise, last 4
+13.5%
Average 2-day reaction, last 8
-0.1%
Positive 20 days after report
3 of 8

Analysts

Consensus price target
$422.00
Target vs current price
+27.3%
Analysts with a rating
21
Share rating Buy or Strong Buy
62%
Consensus rating
Buy

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Jul 29, 2026+3.3%-6.1%-9.0%-17.3%—
Apr 29, 2026+8.1%-0.8%+0.4%-1.6%+15.1%
Feb 2, 2026+31.5%+3.0%+22.2%+26.7%+14.5%
Nov 24, 2025+11.2%-0.6%+14.3%+20.0%+50.0%
Jul 28, 2025+8.6%+0.5%+0.8%-3.6%-2.1%
Apr 28, 2025+17.4%-0.2%+6.6%+15.8%+41.5%
Feb 3, 2025+18.4%+1.4%+5.4%-0.5%-0.2%
Nov 25, 2024+11.9%+1.8%+1.3%-3.3%+4.0%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Jul 29, 2026$2.52$2.44+3.3%$1.11B
Apr 29, 2026$2.27$2.10+8.1%$1.09B
Feb 2, 2026$2.17$1.65+31.5%$996.5M
Nov 24, 2025$2.09$1.88+11.2%$995.3M
Jul 28, 2025$1.76$1.62+8.6%$915.4M
Apr 28, 2025$1.69$1.44+17.4%$883.6M
Feb 3, 2025$1.35$1.14+18.4%$772.7M
Nov 25, 2024$1.41$1.26+11.9%$854.5M

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
P/E (trailing)36.9×36.5×57thTop 49%
P/E (forward)35.0×———
EV / EBITDA24.1×——Bottom 35%
EV / Sales4.92×——Bottom 19%
Free-cash-flow yield1.91%——Bottom 38%
Earnings yield2.71%——Top 49%

P/E over the past five years

Range 25.5× – 47.0× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.

What moved the stock over the past year

Price return, 1 year
+30.6%
Earnings per share growth (TTM)
+42.2%
Change in P/E multiple
-3.4%

Most of the move came from earnings growth.

Technical state

Trend checklist

  • ✓ Price above 20-day average
  • ✗ Price above 50-day average
  • ✗ Price above 200-day average
  • ✗ 50-day average above 200-day
  • ✓ MACD histogram positive

Trend quality

Days above the 50-day average
0
Days above the 200-day average
0
50-day average slope (20 days)
-8.5%
200-day average slope (20 days)
+1.2%
Distance from 50-day average
-4.8%
Distance from 200-day average
-8.8%
RSI (14)
46.7
Relative volume
1.23×

Risk and drawdowns

Volatility, 60 days (annualized)
33.4%
Volatility vs own 5-year history
60th percentile · Normal for this stock
Beta vs S&P 500 (2 years, weekly)
1.14
Correlation with S&P 500
0.48
Current drawdown from 1-year high
-24.0%
Maximum drawdown, 3 years
-27.0%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
May 7, 2021Sep 30, 2022-38.2%353 days208 days (Aug 1, 2023)
Jun 25, 2026Sep 16, 2026-27.0%57 daysNot yet recovered
Feb 7, 2025Apr 4, 2025-19.4%39 days20 days (May 5, 2025)
Jul 16, 2024Jul 30, 2024-19.0%10 days84 days (Nov 26, 2024)
Apr 14, 2026Jun 1, 2026-15.3%33 days11 days (Jun 16, 2026)

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$19.76B
P/E (TTM)
36.9
EPS, diluted (TTM)
$8.99
Revenue (TTM)
$4.19B
Dividend yield
0.47%
52-week range
$244.69 – $450.92
FY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$2.25B$2.38B$2.91B$3.32B$3.57B
Gross profit$551.1M$525.3M$677.6M$876.5M$956.3M
Operating income$254.3M$214.1M$286.3M$440.1M$511.2M
Net income$208.6M$171.7M$232.4M$373.0M$442.1M
EPS (diluted)$3.18$2.71$3.78$6.01$7.19
Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
Revenue$854.5M$772.7M$883.6M$915.4M$995.3M$996.5M$1.09B$1.11B
Net income$83.3M$87.1M$108.9M$108.4M$137.6M$133.7M$134.0M$146.7M
EPS (diluted)$1.36$1.42$1.78$1.76$2.23$2.17$2.19$2.40
FY 2021FY 2022FY 2023FY 2024FY 2025
Operating cash flow$464.7M$193.6M$306.3M$439.1M$471.3M
Capital expenditure-$37.7M-$52.9M-$76.5M-$96.3M-$130.9M
Free cash flow$427.0M$140.8M$229.8M$342.8M$340.4M
Dividends paid-$36.0M-$45.0M-$51.0M-$58.3M-$65.0M
Net share buybacks$1.4M-$463.4M-$75.6M-$300.9M-$68.3M

Cash outflows are shown as negative numbers.

Cash and short-term investments
$474.9M
Total assets
$5.20B
Total liabilities
$2.72B
Total debt
$1.36B
Net debt
$885.2M
Shareholders’ equity
$2.47B

As of Jun 30, 2026 (filed Jul 30, 2026).

Dividends

Ex-dateAmountPaid
Nov 19, 2026$0.32Dec 3, 2026
Aug 20, 2026$0.32Sep 3, 2026
May 21, 2026$0.32Jun 4, 2026
Feb 19, 2026$0.32Mar 5, 2026
Nov 20, 2025$0.28Dec 4, 2025
Aug 21, 2025$0.28Sep 4, 2025
May 22, 2025$0.28Jun 5, 2025
Feb 20, 2025$0.28Mar 6, 2025

Short interest

Shares sold short
1,058,871
Days to cover
1.87
Change vs previous report
-4.2%

FINRA short interest, settlement date Sep 15, 2026.

Stock splits

Feb 15, 2008
2-for-1
Feb 15, 2006
3-for-1
Feb 10, 1997
4-for-1