Curtiss-Wright
CW NYSE· Aerospace & Defense
Last close · Oct 26, 2026
$476.54
KIRA · Stoqly’s AI analyst, in plain words
- Curtiss-Wright had $3.5B of revenue in fiscal 2025, up 12.1% on the year before. Over five years, revenue changed +7.9% a year on average.
- Its operating margin was 18.1%, up 1.2 pts: of every 100 in sales, about 18 is left after running the business.
- Curtiss-Wright made $484M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 13.4% a year.
- Free cash flow was $554M in fiscal 2025, 15.8% of revenue.
- Curtiss-Wright returned $500M to shareholders in fiscal 2025, 90% of free cash flow. The diluted share count fell 1.9%.
- Curtiss-Wright owes $587M more than it holds in cash, about 0.8 years of operating profit.
Market cap
$17.7B
P/E
32.8x
Revenue
$3.5B
Net income
$484M
Free cash flow
$554M
Operating margin
18.1%
Curtiss-Wright in 30 seconds · fiscal 2025
Are sales growing?
+12.1%
Yes. Sales grew 12.1% last year.
Does it make a profit?
13.8%
Yes. It keeps 13.8% of every sale as profit.
Does profit turn into cash?
15.8%
Yes. 15.8% of sales ends up as free cash.
Is debt under control?
0.8x
Yes. It could repay its debt with 0.8 years of operating profit.
How healthy are the accounts?
8 / 9
Solid. It passes 8 of 9 health tests.
How is the share priced?
32.8x
One share costs 32.8 times its yearly profit per share. Typical for its sector: 26.0x.
What Curtiss-Wright does
Curtiss-Wright makes specialized engineered parts, electronics and services, mostly for aerospace and defense customers. It also serves commercial nuclear power, oil and gas, and industrial markets. Its customers include defense prime contractors, aircraft makers, the US Navy, nuclear plant operators and manufacturers. Many of its products go into safety-critical equipment. It has three segments. Aerospace & Industrial makes sensors, actuators, surface treatment services (such as shot peening) and vehicle electronics. Defense Electronics makes rugged computer boards, data acquisition and flight test equipment, and communications products used on fighter jets, helicopters, drones, ground vehicles and ships. Naval & Power makes pumps, motors, valves and other equipment for US Navy submarines and carriers, aircraft arresting systems, and parts and services for nuclear power plants. Sales to the US and foreign governments were 58% of total net sales in 2025,.
Biggest risks, in its own words
- Depending on the US government and other defense customers continuing to buy its products.
- A downturn in the commercial aircraft market.
- Cancelled or reduced orders in its backlog of work.
- A slowdown in commercial nuclear power, including delays in small modular reactors.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 12, 2026
- Legal name
- CURTISS-WRIGHT CORPORATION
- CIK
- 0000026324
Curtiss-Wright · CW
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $2.5B | $2.6B | $2.8B | $3.1B | $3.5B |
| Revenue growth | 4.6% | 2.3% | 11.3% | 9.7% | 12.1% |
| Gross margin | 37.1% | 37.3% | 37.5% | 37.0% | 37.2% |
| Operating margin | 15.1% | 16.6% | 17.0% | 16.9% | 18.1% |
| Net income | $263M | $294M | $355M | $405M | $484M |
| Net margin | 10.5% | 11.5% | 12.5% | 13.0% | 13.8% |
| Diluted EPS | $6.47 | $7.62 | $9.20 | $10.55 | $12.87 |
| Cash | |||||
| Cash from operations | $388M | $295M | $448M | $544M | $643M |
| Capital expenditure | $41.1M | $38.2M | $44.7M | $61.0M | $89.7M |
| Free cash flow | $347M | $257M | $403M | $483M | $554M |
| FCF margin | 13.9% | 10.0% | 14.2% | 15.5% | 15.8% |
| Dividends paid | $28.7M | $28.8M | $30.2M | $31.7M | $34.7M |
| Share buybacks | $343M | $56.9M | $50.1M | $250M | $465M |
| Share count change | −3.3% | −4.8% | −0.3% | −0.4% | −1.9% |
| Debt and strength | |||||
| Cash and short-term investments | $171M | $257M | $407M | $385M | $371M |
| Debt incl. finance leases | $1.1B | $1.3B | $1.1B | $1.1B | $958M |
| Shareholders' equity | $1.8B | $2.0B | $2.3B | $2.4B | $2.5B |
| Net debt / EBITDA | 1.8x | 1.9x | 1.1x | 1.1x | 0.8x |
| Current ratio | 1.8x | 1.6x | 2.1x | 1.7x | 1.4x |
| Interest coverage | 9.4x | 9.0x | 9.4x | 11.8x | 14.7x |
| Returns and quality | |||||
| Return on capital | 10.6% | 11.2% | 12.4% | 13.4% | 15.9% |
| Return on equity | 14.5% | 15.5% | 16.5% | 17.0% | 19.4% |
| Piotroski F-score | 8 | 7 | 9 | 7 | 8 |
| Altman Z'' | 4.7 | 4.6 | 5.5 | 5.2 | 5.3 |
Insiders bought, 12 months
$0.1M
1 insider
Insiders sold, 12 months
$30.1M
8 insiders
Of sales under plans
52%
$15.7M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Curtiss-Wright · CW
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| Curtiss-Wright CW | $17.7B | 12.1% | 18.1% | 15.8% | 15.9% | 32.8x | 8 |
| BWX Technologies BWXT | $12.1B | 18.3% | 12.7% | 9.2% | 13.9% | 34.0x | 7 |
| Moog MOG-A | $11.5B | 7.0% | 11.7% | 3.3% | 11.7% | 30.5x | 7 |
| Axon Enterprise AXON | $35.0B | 33.5% | −2.2% | 2.7% | −2.2% | 176.3x | 6 |
| ATI ATI | $22.8B | 5.2% | 14.0% | 7.3% | 16.7% | 48.3x | 9 |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $476.54 a share, the company is worth $17.7B: 32.8 times its earnings of the last four quarters.
Curtiss-Wright grew sales faster than 2 of its 4 similar companies. Its P/E is higher than 1 of 4.
Source: SEC EDGAR XBRL filings (CIK 0000026324). Data updated October 11, 2026. For information only — not investment advice. Check the original filings before relying on any figure.