CW
$544.94+0.21%
as of close, Oct 1, 2026
☾ AH $544.94 +0.21%
Curtiss-Wright CorporationStock · TechnologyRussell 1000 0.04%Russell 3000 0.04%US Stock Market 0.04%MSCI World 0.03%MSCI ACWI 0.03%
CW financial statements
The full income statement, balance sheet, and cash-flow statement for Curtiss-Wright Corporation (CW), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 38.3M2024-09 37.9M2024-12 37.7M2025-03 37.7M2025-06 37.7M2025-09 36.9M2025-12 36.9M2026-03 36.9M2026-06 36.9M-3.6% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 3.50B+12.1% | 3.12B+9.7% | 2.85B+11.3% | 2.56B+2.2% | 2.50B+4.6% | |
| 1.30B+12.8% | 1.15B+8.1% | 1.07B+11.8% | 955M+2.9% | 928M+10.3% | ||
| Cost of revenue | 2.20B+11.6% | 1.97B+10.7% | 1.78B+11.0% | 1.60B+1.9% | 1.57B+1.5% | |
| Research & development | 95.2M+3.8% | 91.6M+6.9% | 85.8M+6.1% | 80.8M-8.6% | 88.5M+18.3% | |
| Selling, general & administrative | 400M+7.0% | 373M+3.8% | 360M+11.0% | 324M-0.6% | 326M+7.5% | |
| General & administrative | 400M+7.0% | 373M+3.8% | 360M+11.0% | 324M-0.6% | 326M+7.5% | |
| Restructuring | 4.50M-68.8% | 14.4M | 0.00 | 0.00 | 0.00-100.0% | |
| Amortization of intangibles | 72.0M+26.3% | 57.0M-12.3% | 65.0M+6.6% | 61.0M+1.7% | 60.0M-1.6% | |
| Operating income | 634M+19.8% | 529M+9.1% | 485M+14.4% | 423M+12.3% | 377M+30.6% | |
| Interest expense | 43.1M-3.8% | 44.9M-12.7% | 51.4M+9.4% | 47.0M+16.7% | 40.2M+13.2% | |
| Other non-operating income | 29.6M-22.7% | 38.3M+28.4% | 29.9M+134.5% | 12.7M+5.5% | 12.1M+23.8% | |
| Pre-tax income | 620M+18.8% | 522M+12.7% | 463M+19.0% | 389M+11.5% | 349M+32.7% | |
| Income tax | 136M+16.0% | 117M+7.8% | 109M+14.5% | 94.8M+10.1% | 86.1M+39.7% | |
| Net income | 484M+19.6% | 405M+14.2% | 355M+20.4% | 294M+12.0% | 263M+30.5% | |
| $12.87+22.0% | $10.55+14.7% | $9.20+20.7% | $7.62+17.8% | $6.47+34.8% | ||
| EPS (basic) | $12.94+22.0% | $10.61+14.6% | $9.26+20.7% | $7.67+18.0% | $6.50+34.6% | |
| Weighted-avg shares (basic) | 37.4M-1.9% | 38.2M-0.3% | 38.3M-0.3% | 38.4M-5.0% | 40.4M-3.2% | |
| Weighted-avg shares (diluted) | 37.6M-1.9% | 38.4M-0.4% | 38.5M-0.3% | 38.6M-4.8% | 40.6M-3.3% | |
| Dividends per share | $0.93+12.0% | $0.83+5.1% | $0.79+5.3% | $0.75+5.6% | $0.71+4.4% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 2.02B+9.1% | 1.85B+7.7% | 1.72B+13.3% | 1.52B+15.9% | 1.31B+0.5% | ||
| Cash & equivalents | 371M-3.6% | 385M-5.4% | 407M+58.3% | 257M+50.3% | 171M-13.7% | |
| Accounts receivable | 932M+11.7% | 835M+14.0% | 733M+1.3% | 723M+11.8% | 647M+9.9% | |
| Inventory | 615M+13.6% | 541M+6.2% | 510M+5.6% | 483M+17.4% | 412M-4.0% | |
| Other current assets | 99.7M+13.2% | 88.1M+30.5% | 67.5M+28.3% | 52.6M-21.6% | 67.1M+16.9% | |
| 5.22B+4.7% | 4.99B+7.9% | 4.62B+3.9% | 4.45B+8.4% | 4.10B+2.0% | ||
| Property, plant & equipment | 382M+12.7% | 339M+1.9% | 333M-2.9% | 343M-4.8% | 360M-4.8% | |
| Operating lease right-of-use | 199M+17.3% | 169M+19.7% | 141M-8.1% | 154M+7.1% | 144M-4.8% | |
| Goodwill | 1.69B+1.0% | 1.68B+7.5% | 1.56B+0.9% | 1.54B+5.6% | 1.46B+0.5% | |
| Intangible assets | 532M-10.8% | 597M+7.0% | 558M-10.2% | 621M+15.4% | 538M-11.7% | |
| Other non-current assets | 63.6M+13.6% | 56.0M+9.0% | 51.4M+8.0% | 47.6M+37.6% | 34.6M+1.3% | |
| 1.41B+28.3% | 1.10B+35.9% | 807M-17.8% | 981M+33.5% | 735M-9.3% | ||
| Accounts payable | 310M+25.5% | 247M+1.4% | 244M-8.5% | 267M+25.9% | 212M+5.2% | |
| Accrued liabilities | 243M+10.9% | 219M+16.5% | 188M+7.8% | 174M+18.1% | 148M+5.4% | |
| Deferred revenue | 561M+22.2% | 459M+51.2% | 304M+19.3% | 255M-2.1% | 260M+2.7% | |
| Short-term & current debt | 200M+122.2% | 90.0M | 0.00-100.0% | 203M | 0.00-100.0% | |
| Current lease liability | 31.7M+6.6% | 29.8M-2.8% | 30.6M+2.4% | 29.9M+17.8% | 25.4M-6.9% | |
| Other current liabilities | 90.9M+13.2% | 80.3M+13.4% | 70.8M-14.5% | 82.8M-19.4% | 103M+4.0% | |
| Finance lease liability (current) | 0.00-100.0% | 1.27M+7.5% | 1.18M+7.6% | 1.10M+7.8% | 1.02M+7.8% | |
| 2.69B+6.0% | 2.54B+10.6% | 2.29B-7.1% | 2.47B+8.3% | 2.28B+1.9% | ||
| Long-term debt | 758M-21.0% | 959M-8.7% | 1.05B-0.1% | 1.05B+0.1% | 1.05B+9.6% | |
| Non-current lease liability | 178M+20.4% | 148M+24.9% | 119M-10.3% | 132M+4.0% | 127M-4.4% | |
| Operating lease liability (total) | 210M+18.1% | 178M+19.2% | 149M-8.0% | 162M+6.3% | 153M-4.9% | |
| Finance lease liability (total) | 0.00-100.0% | 6.74M-14.9% | 7.92M-12.2% | 9.02M-10.1% | 10.0M-8.6% | |
| Finance lease liability | 0.00-100.0% | 5.47M-18.8% | 6.74M-14.9% | 7.92M-12.2% | 9.02M-10.1% | |
| Deferred tax liabilities | 154M+9.5% | 141M+6.3% | 132M+7.6% | 123M-16.5% | 147M+28.1% | |
| Other non-current liabilities | 120M-3.5% | 125M+5.9% | 118M+9.1% | 108M-3.7% | 112M+8.6% | |
| 2.53B+3.4% | 2.45B+5.2% | 2.33B+17.5% | 1.98B+8.5% | 1.83B+2.2% | ||
| Common stock | 49.2M+0.0% | 49.2M+0.0% | 49.2M+0.0% | 49.2M+0.0% | 49.2M+0.0% | |
| Additional paid-in capital | 165M+11.5% | 148M+5.5% | 140M+4.2% | 135M+5.9% | 127M+3.7% | |
| Retained earnings | 4.31B+11.6% | 3.86B+10.7% | 3.49B+10.3% | 3.16B+8.8% | 2.91B+8.9% | |
| Treasury stock | 1.82B+33.1% | 1.37B+20.2% | 1.14B+2.6% | 1.11B+3.6% | 1.07B+43.6% | |
| Accumulated other comprehensive income | -174M+28.5% | -243M-14.1% | -213M+17.6% | -259M-35.9% | -190M+38.7% | |
| Total liabilities & equity | 5.22B+4.7% | 4.99B+7.9% | 4.62B+3.9% | 4.45B+8.4% | 4.10B+2.0% | |
| Common shares issued | 49.2M+0.0% | 49.2M+0.0% | 49.2M+0.0% | 49.2M+0.0% | 49.2M+0.0% | |
| Common shares outstanding | 36.9M-2.1% | 37.7M-1.4% | 38.2M-0.1% | 38.3M-0.5% | 38.5M-6.0% | |
| Shares outstanding (cover) | 36.9M-2.1% | 37.7M-1.5% | 38.2M-0.2% | 38.3M-0.4% | 38.4M-6.1% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 643M+18.2% | 544M+21.5% | 448M+52.0% | 295M-24.0% | 388M+48.4% | ||
| Depreciation & amortization | 125M+15.9% | 108M-7.3% | 116M+3.7% | 112M-2.1% | 114M-1.3% | |
| Intangible amortization | 72.0M+26.3% | 57.0M-12.3% | 65.0M+6.6% | 61.0M+1.7% | 60.0M-1.6% | |
| Share-based compensation | 21.5M+13.9% | 18.9M+12.4% | 16.8M+9.2% | 15.4M+14.4% | 13.4M-6.8% | |
| Deferred income taxes | 9.86M+250.3% | -6.56M-15353.5% | 43.0K+100.2% | -17.4M-116.1% | -8.07M+8.9% | |
| Change in inventory | 63.5M+84.0% | 34.5M+60.0% | 21.6M-65.5% | 62.6M+561.6% | -13.6M+12.8% | |
| -90.1M+68.2% | -283M-697.6% | -35.5M+89.1% | -326M-668.5% | -42.4M+92.0% | ||
| Capital expenditure | 89.7M+47.1% | 61.0M+36.5% | 44.7M+16.9% | 38.2M-7.0% | 41.1M-13.5% | |
| Free cash flow | 554M+14.6% | 483M+19.8% | 403M+57.2% | 257M-26.0% | 347M+62.2% | |
| Acquisitions | 0.00-100.0% | 226M | 0.00-100.0% | 282M | 0.00-100.0% | |
| Purchases of investments | — | 0.00 | 0.00-100.0% | 10.0M | 0.00 | |
| Other investing activities | — | — | — | 0.00 | 0.00-100.0% | |
| -578M-113.0% | -271M+0.7% | -273M-311.2% | 129M+135.1% | -369M-549.7% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00-100.0% | 300M | 0.00-100.0% | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 465M+86.0% | 250M+398.6% | 50.1M-11.8% | 56.9M-83.4% | 343M+71.5% | |
| Dividends paid | 34.7M+9.7% | 31.7M+4.7% | 30.2M+5.1% | 28.8M+0.4% | 28.7M+1.7% | |
| Other financing activities | -1.16M+1.9% | -1.18M-7.7% | -1.10M-7.5% | -1.02M-7.9% | -945K-8.1% | |
| FX effect on cash | 11.3M+200.2% | -11.3M-205.3% | 10.7M+186.7% | -12.4M-265.9% | -3.38M+3.9% | |
| Net change in cash | -13.7M+37.2% | -21.8M-114.6% | 150M+74.4% | 86.0M+415.6% | -27.2M+85.9% | |
| Interest paid | 42.0M+0.0% | 42.0M-19.2% | 52.0M+23.8% | 42.0M+5.0% | 40.0M+29.0% | |
| Income taxes paid | 134M-1.0% | 136M-0.5% | 136M+123.2% | 61.1M-43.0% | 107M+98.3% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 20.3B+52.1% | 13.4B+56.9% | 8.52B+33.2% | 6.40B+20.0% | 5.33B+11.9% | |
| P/E | 42.0×+27.2% | 33.0×+33.1% | 24.8×-0.2% | 24.8×+22.5% | 20.3×-14.2% | |
| P/S | 5.8×+35.7% | 4.3×+41.6% | 3.0×+16.3% | 2.6×+21.9% | 2.1×+7.0% | |
| P/B | 8.0×+47.1% | 5.5×+39.9% | 3.9×+14.8% | 3.4×+16.3% | 2.9×+9.5% | |
| P/FCF | 36.7×+32.7% | 27.7×+35.2% | 20.4×-38.5% | 33.3×+116.3% | 15.4×-31.0% | |
| Earnings yield | 2.4%-21.4% | 3.0%-24.9% | 4.0%+0.2% | 4.0%-18.3% | 4.9%+16.6% | |
| FCF yield | 2.7%-24.7% | 3.6%-26.0% | 4.9%+62.7% | 3.0%-53.8% | 6.5%+44.9% | |
| Dividend yield | 0.17%-27.9% | 0.23%-34.0% | 0.35%-21.0% | 0.45%-12.3% | 0.51%-12.4% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: CW’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all CW filings on SEC EDGAR → Not investment advice.