WWD Stock Analysis: Woodward | NASDAQ
Aerospace & Defense | NASDAQ, USA | Market Cap: 26.004m USD | 12M Return: 72.9% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 343M
EPS Trend: 92.9%
Qual. Beats: 7
Rev. Trend: 96.8%
Qual. Beats: 3
Warnings
No concerns identified
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: under 40 is mostly noise, over 50 gets interesting, and over 70 is strong.
Woodward, Inc. (WWD) is a U.S.-based industrial machinery company that designs, manufactures, and services control solutions for the aerospace and industrial markets worldwide, operating through two segments: Aerospace and Industrial. The Aerospace segment supplies fuel pumps, metering units, actuators, valves, nozzles, thrust reverser actuation systems, flight deck controls, motors, and sensors for turbine engines and aircraft, alongside aftermarket MRO services for commercial airlines, military depots, and third-party repair shops. The Industrial segment provides actuators, valves, pumps, fuel injection systems, ignition systems, sensors, and control electronics for industrial gas turbines, steam turbines, compressors, and reciprocating engines, selling primarily to OEMs and equipment packagers.
Founded in 1870 and headquartered in Fort Collins, Colorado, Woodward is classified as a large-cap Industrials stock within the Industrial Machinery & Supplies & Components sub-industry, with a market capitalization of approximately $26 billion. Its business model combines OEM equipment sales with recurring aftermarket service revenue, providing dual exposure to the cyclical commercial aerospace, defense, and global power generation end markets.
- Commercial aerospace recovery lifts Aerospace aftermarket margins
- Industrial turbine orders fluctuate with oil and gas capital spending
- Defense budget growth supports military fuel system demand
| Net Income: 513.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.08 > 0.02 and ΔFCF/TA 0.80 > 1.0 |
| NWC/Revenue: 24.02% < 20% (prev 27.76%; Δ -3.74% < -1%) |
| CFO/TA 0.11 > 3% & CFO 564.2m > Net Income 513.8m |
| Net Debt (665.7m) to EBITDA (783.8m): 0.85 < 3 |
| Current Ratio: 1.73 > 1.5 & < 3 |
| Outstanding Shares: last quarter (61.5m) vs 12m ago 0.19% < -2% |
| Gross Margin: 28.38% > 18% (prev 25.83%; Δ 2.55% > 0.5%) |
| Asset Turnover: 84.50% > 50% (prev 74.74%; Δ 9.75% > 0%) |
| Interest Coverage Ratio: 15.22 > 6 (EBIT TTM 667.0m / Interest Expense TTM 43.8m) |
| A: 0.19 (Total Current Assets 2.27b - Total Current Liabilities 1.31b) / Total Assets 4.97b |
| B: 0.77 (Retained Earnings 3.83b / Total Assets 4.97b) |
| C: 0.14 (EBIT TTM 667.0m / Avg Total Assets 4.73b) |
| D: 1.03 (Book Value of Equity 2.53b / Total Liabilities 2.44b) |
| Altman-Z'' = 5.81 = AAA |
| DSRI: 0.99 (Receivables 1.00b/852.8m, Revenue 4.00b/3.36b) |
| GMI: 0.91 (GM 25.83% / 28.38%) |
| AQI: 0.91 (AQ_t 0.33 / AQ_t-1 0.37) |
| SGI: 1.19 (Revenue 4.00b / 3.36b) |
| TATA: -0.01 (NI 513.8m - CFO 564.2m) / TA 4.97b) |
| Beneish M = -3.04 (Cap -4..+1) = AA |
As of July 02, 2026, the stock is trading at USD 425.44 with a total of 650,612 shares traded. Over the past week, the price has changed by -2.74%, over one month by +23.17%, over three months by +12.09% and over the past year by +72.94%.
Current recommended Stop Loss: 389.40 (which is 8.5% or 2.5 ATR below the current price).
Woodward has received a consensus analysts rating of 3.75. Therefore, it is recommended to hold WWD.
- StrongBuy: 4
- Buy: 1
- Hold: 7
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 437.1 | 2.7% |
P/E Trailing = 52.3309
P/E Forward = 41.4938
P/S = 6.5048
P/B = 10.2969
P/EG = 2.7697
Revenue TTM = 4.00b USD
EBIT TTM = 667.0m USD
EBITDA TTM = 783.8m USD
Long Term Debt = 453.4m USD (from longTermDebt, last quarter)
Short Term Debt = 675.5m USD (from shortTermDebt, last quarter)
Debt = 1.17b USD (from shortLongTermDebtTotal, last quarter) + Leases 19.0m
Net Debt = 665.7m USD (calculated: Debt 1.17b - CCE 501.2m)
Enterprise Value = 26.7b USD (26.0b + Debt 1.17b - CCE 501.2m)
Interest Coverage Ratio = 15.22 (Ebit TTM 667.0m / Interest Expense TTM 43.8m)
EV/FCF = 68.64x (Enterprise Value 26.7b / FCF TTM 388.6m)
FCF Yield = 1.46% (FCF TTM 388.6m / Enterprise Value 26.7b)
FCF Margin = 9.72% (FCF TTM 388.6m / Revenue TTM 4.00b)
Net Margin = 12.85% (Net Income TTM 513.8m / Revenue TTM 4.00b)
Gross Margin = 28.38% ((Revenue TTM 4.00b - Cost of Revenue TTM 2.86b) / Revenue TTM)
Gross Margin QoQ = 28.97% (prev 29.32%)
Tobins Q-Ratio = 5.37 (Enterprise Value 26.7b / Total Assets 4.97b)
Interest Expense / Debt = 3.76% (Interest Expense 43.8m / Debt 1.17b)
Taxrate = 17.55% (109.4m / 623.2m)
NOPAT = 549.9m (EBIT 667.0m * (1 - 17.55%))
Current Ratio = 1.73 (Total Current Assets 2.27b / Total Current Liabilities 1.31b)
Debt / Equity = 0.46 (Debt 1.17b / totalStockholderEquity, last quarter 2.53b)
Debt / EBITDA = 0.85 (Net Debt 665.7m / EBITDA 783.8m)
Debt / FCF = 1.71 (Net Debt 665.7m / FCF TTM 388.6m)
Total Stockholder Equity = 2.54b (last 4 quarters mean from totalStockholderEquity)
RoA = 10.86% (Net Income 513.8m / Total Assets 4.97b)
RoE = 20.25% (Net Income TTM 513.8m / Total Stockholder Equity 2.54b)
RoCE = 22.31% (EBIT 667.0m / Capital Employed (Equity 2.54b + L.T.Debt 453.4m))
RoIC = 13.31% (NOPAT 549.9m / Invested Capital 4.13b)
WACC = 9.05% (E(26.0b)/V(27.2b) * Re(9.32%) + D(1.17b)/V(27.2b) * Rd(3.76%) * (1-Tc(0.18)))
Discount Rate = 9.32% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -28.89 | Cagr: -0.28%
[DCF] Terminal Value 75.73% ; FCFF base≈359.3m ; Y1≈411.8m ; Y5≈606.1m
[DCF] Fair Price = 125.1 (EV 8.12b - Net Debt 665.7m = Equity 7.45b / Shares 59.6m; r=9.05% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 92.88 | EPS CAGR: 26.33% | SUE: 1.33 | # QB: 7
Revenue Correlation: 96.77 | Revenue CAGR: 11.58% | SUE: 2.40 | # QB: 3
EPS current Year (2026-09-30): EPS=9.40 | Chg30d=-0.13% | Revisions=+71% | GrowthEPS=+36.5% | GrowthRev=+21.2%
EPS next Year (2027-09-30): EPS=10.76 | Chg30d=+0.49% | Revisions=+50% | GrowthEPS=+14.4% | GrowthRev=+8.7%
[Analyst] Revisions Ratio: +71%