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
- Earnings beat analyst estimates in each of the last 14 quarters (average surprise over the last four: +13.5%).
- Diluted EPS over the last four quarters was $8.99, up 42.2% year over year.
- 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.
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%
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%
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%
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%
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%
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).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 19.0% | 22.3% | ↑ |
| EPS growth (YoY) | 34.9% | 42.2% | ↑ |
| Gross margin | 25.9% | 29.5% | ↑ |
| Operating margin | 12.8% | 16.0% | ↑ |
| FCF margin | 8.1% | 9.0% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 22.3% | 19.0% | ↑ | Top 20% |
| EPS growth (TTM, YoY) | 42.2% | 34.9% | ↑ | Top 24% |
| Gross margin | 29.5% | 25.9% | ↑ | Top 47% |
| Operating margin | 16.0% | 12.8% | ↑ | Top 20% |
| Net margin | 13.2% | 11.3% | ↑ | — |
| Free-cash-flow margin | 9.0% | 8.1% | ↑ | — |
| Return on invested capital | 11.9% | — | Top 19% | |
| Revenue growth, 3-year CAGR | 14.4% | — | 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 date | EPS surprise | 2 days | 5 days | 20 days | 60 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 date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| 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
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 36.9× | 36.5× | 57th | Top 49% |
| P/E (forward) | 35.0× | — | — | — |
| EV / EBITDA | 24.1× | — | — | Bottom 35% |
| EV / Sales | 4.92× | — | — | Bottom 19% |
| Free-cash-flow yield | 1.91% | — | — | Bottom 38% |
| Earnings yield | 2.71% | — | — | 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 peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| May 7, 2021 | Sep 30, 2022 | -38.2% | 353 days | 208 days (Aug 1, 2023) |
| Jun 25, 2026 | Sep 16, 2026 | -27.0% | 57 days | Not yet recovered |
| Feb 7, 2025 | Apr 4, 2025 | -19.4% | 39 days | 20 days (May 5, 2025) |
| Jul 16, 2024 | Jul 30, 2024 | -19.0% | 10 days | 84 days (Nov 26, 2024) |
| Apr 14, 2026 | Jun 1, 2026 | -15.3% | 33 days | 11 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 2021 | FY 2022 | FY 2023 | FY 2024 | FY 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 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 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 2021 | FY 2022 | FY 2023 | FY 2024 | FY 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-date | Amount | Paid |
|---|---|---|
| Nov 19, 2026 | $0.32 | Dec 3, 2026 |
| Aug 20, 2026 | $0.32 | Sep 3, 2026 |
| May 21, 2026 | $0.32 | Jun 4, 2026 |
| Feb 19, 2026 | $0.32 | Mar 5, 2026 |
| Nov 20, 2025 | $0.28 | Dec 4, 2025 |
| Aug 21, 2025 | $0.28 | Sep 4, 2025 |
| May 22, 2025 | $0.28 | Jun 5, 2025 |
| Feb 20, 2025 | $0.28 | Mar 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