WWD financial statements

The full income statement, balance sheet, and cash-flow statement for Woodward Inc. (WWD), 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 59.7M2024-09 59.1M2024-12 59.4M2025-03 59.5M2025-06 60.0M2025-09 59.9M2025-12 59.6M2026-03 59.6M2026-06 59.0M-1.0% 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.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofSep 30 ’25	as ofSep 30 ’24	as ofSep 30 ’23	as ofSep 30 ’22	as ofSep 30 ’21
	3.57B YoY+7.3%	3.32B YoY+14.1%	2.91B YoY+22.3%	2.38B YoY+6.1%	2.25B YoY-10.0%
Lease income	3.95M YoY-28.1%	5.49M YoY+9.1%	5.03M YoY-9.0%	5.53M YoY-12.3%	6.30M YoY-7.6%
Cost of revenue	2.61B YoY+6.7%	2.45B YoY+9.4%	2.24B YoY+20.4%	1.86B YoY+9.6%	1.69B YoY-8.7%
Research & development	148M YoY+4.9%	141M YoY+6.5%	132M YoY+10.3%	120M YoY+2.3%	117M YoY-12.1%
Selling, general & administrative	330M YoY+7.3%	307M YoY+14.0%	270M YoY+32.8%	203M YoY+8.6%	187M YoY-14.2%
Restructuring	—	0.00 YoY-100.0%	5.17M YoY+251.2%	-3.42M YoY-168.3%	5.01M YoY-77.5%
Amortization of intangibles	28.2M YoY-16.0%	33.6M YoY-10.6%	37.6M YoY-0.1%	37.6M YoY-10.2%	41.9M YoY+6.2%
Interest expense	45.7M YoY-4.7%	48.0M YoY+0.1%	47.9M YoY+38.7%	34.5M YoY+0.8%	34.3M YoY-4.3%
Interest & investment income	4.19M YoY-35.1%	6.46M YoY+134.8%	2.75M YoY+51.7%	1.81M YoY+21.3%	1.50M YoY-15.2%
Other non-operating income	84.0M YoY+25.1%	67.2M YoY+33.6%	50.3M YoY+88.4%	26.7M YoY-26.9%	36.5M YoY-35.0%
Equity-method income	45.9M YoY+11.3%	41.2M YoY+11.8%	36.8M YoY+102.5%	18.2M YoY+60.1%	11.4M YoY-27.0%
Pre-tax income	521M YoY+14.9%	454M YoY+64.6%	276M YoY+38.0%	200M YoY-18.7%	246M YoY-12.8%
Income tax	79.3M YoY-2.1%	81.0M YoY+86.6%	43.4M YoY+53.9%	28.2M YoY-24.1%	37.1M YoY-10.5%
Net income	442M YoY+18.5%	373M YoY+60.5%	232M YoY+35.3%	172M YoY-17.7%	209M YoY-13.2%
	$7.19 YoY+19.6%	$6.01 YoY+59.0%	$3.78 YoY+39.5%	$2.71 YoY-14.8%	$3.18 YoY-15.0%
EPS (basic)	$7.42 YoY+19.5%	$6.21 YoY+60.1%	$3.88 YoY+39.1%	$2.79 YoY-15.5%	$3.30 YoY-14.5%
	59.6M YoY-0.9%	60.1M YoY+0.3%	59.9M YoY-2.6%	61.5M YoY-2.8%	63.3M YoY+1.6%
	61.5M YoY-1.0%	62.1M YoY+1.0%	61.5M YoY-2.8%	63.3M YoY-3.5%	65.6M YoY+2.1%
Dividends per share	$1.09 YoY+12.4%	$0.97 YoY+14.1%	$0.85 YoY+16.0%	$0.73 YoY+28.8%	$0.57 YoY-6.0%
Balance Sheet	as ofSep 30 ’25	as ofSep 30 ’24	as ofSep 30 ’23	as ofSep 30 ’22	as ofSep 30 ’21
	1.88B YoY+8.1%	1.74B YoY+18.7%	1.47B YoY+12.0%	1.31B YoY-10.4%	1.46B YoY+21.0%
Cash & equivalents	327M YoY+16.0%	282M YoY+105.4%	137M YoY+27.4%	108M YoY-76.0%	448M YoY+192.6%
Accounts receivable	477M YoY+4.4%	457M YoY-5.8%	485M YoY+31.6%	369M YoY+14.5%	322M YoY-11.6%
Inventory	655M YoY+7.5%	609M YoY+17.6%	518M YoY+0.7%	514M YoY+22.5%	420M YoY-4.1%
Other current assets	69.7M YoY+15.9%	60.2M YoY+19.9%	50.2M YoY-32.8%	74.7M YoY+22.1%	61.2M YoY+15.9%
	4.63B YoY+6.0%	4.37B YoY+8.9%	4.01B YoY+5.4%	3.81B YoY-7.0%	4.09B YoY+4.8%
Property, plant & equipment	987M YoY+4.9%	941M YoY+3.0%	913M YoY+0.3%	910M YoY-4.2%	951M YoY-4.7%
Operating lease right-of-use	25.3M YoY-6.9%	27.1M YoY+9.9%	24.7M YoY-1.8%	25.1M YoY+29.8%	19.4M YoY+2.4%
Goodwill	832M YoY+3.2%	807M YoY+1.9%	791M YoY+2.4%	773M YoY-4.1%	805M YoY-0.4%
Intangible assets	428M YoY-2.8%	440M YoY-2.6%	452M YoY-1.8%	461M YoY-17.6%	559M YoY-7.8%
Deferred tax assets	119M YoY+40.7%	84.4M YoY+44.1%	58.5M YoY+149.7%	23.4M YoY+66.7%	14.1M YoY-4.0%
Other non-current assets	380M YoY+7.6%	353M YoY+8.6%	325M YoY-0.7%	327M YoY+10.2%	297M YoY+11.9%
	907M YoY-1.7%	924M YoY+49.6%	617M YoY+14.5%	539M YoY+47.2%	366M YoY-6.6%
Accounts payable	289M YoY+0.7%	287M YoY+22.7%	234M YoY+1.7%	231M YoY+34.9%	171M YoY+27.3%
Accrued liabilities	313M YoY+7.0%	293M YoY+11.4%	263M YoY+27.3%	206M YoY+12.6%	183M YoY+20.6%
Deferred revenue	49.2M YoY-13.3%	56.8M YoY+68.3%	33.7M YoY+10.1%	30.7M YoY+3.8%	29.5M YoY+19.9%
Short-term & current debt	123M YoY+43.4%	85.7M YoY+13.1%	75.8M YoY+8757.1%	856K YoY+17.6%	728K YoY-99.3%
Current lease liability	5.46M YoY+8.7%	5.03M YoY+9.5%	4.59M YoY+0.2%	4.59M YoY-12.8%	5.26M YoY+6.8%
Finance lease liability (current)	1.03M YoY+43.5%	719K YoY-12.0%	817K YoY-4.6%	856K YoY+17.6%	728K YoY-55.4%
	2.06B YoY-5.9%	2.19B YoY+13.1%	1.94B YoY+1.8%	1.91B YoY+1.6%	1.88B YoY-1.8%
Long-term debt	457M YoY-19.8%	570M YoY-11.8%	646M YoY-9.0%	710M YoY-3.3%	734M YoY-0.4%
Deferred revenue (non-current)	431M YoY+1.6%	425M YoY+2.4%	415M YoY+4.6%	396M YoY+2.6%	386M YoY+5.4%
Non-current lease liability	20.2M YoY-10.9%	22.7M YoY+9.6%	20.7M YoY-3.5%	21.4M YoY+45.2%	14.8M YoY+1.4%
Operating lease liability (total)	25.7M YoY-7.3%	27.7M YoY+9.6%	25.3M YoY-2.9%	26.0M YoY+30.0%	20.0M YoY+2.7%
Finance lease liability (total)	2.93M YoY+7.2%	2.74M YoY-22.9%	3.55M YoY-32.5%	5.26M YoY+337.3%	1.20M YoY-57.1%
Finance lease liability	1.90M YoY-5.7%	2.02M YoY-26.2%	2.73M YoY-38.0%	4.41M YoY+827.4%	475K YoY-59.5%
Deferred tax liabilities	108M YoY-11.6%	122M YoY-8.3%	133M YoY+4.4%	127M YoY-19.5%	158M YoY-3.4%
Other non-current liabilities	592M YoY+2.5%	577M YoY+6.2%	543M YoY+2.7%	529M YoY-14.3%	618M YoY+0.0%
	2.57B YoY+17.9%	2.18B YoY+5.1%	2.07B YoY+8.9%	1.90B YoY-14.2%	2.21B YoY+11.1%
Preferred stock	0.00	0.00	0.00	0.00	—
Common stock	106K YoY+0.0%	106K YoY+0.0%	106K YoY+0.0%	106K YoY+0.0%	106K YoY+0.0%
Additional paid-in capital	482M YoY+21.6%	397M YoY+20.9%	328M YoY+11.7%	294M YoY+12.2%	262M YoY+12.8%
Retained earnings	3.60B YoY+11.7%	3.22B YoY+10.8%	2.91B YoY+6.6%	2.73B YoY+4.9%	2.60B YoY+7.1%
Treasury stock	1.51B YoY+6.7%	1.41B YoY+28.8%	1.09B YoY+6.6%	1.03B YoY+76.5%	582M YoY+0.8%
Accumulated other comprehensive income	-10.4M YoY+68.1%	-32.7M YoY+53.7%	-70.7M YoY+23.7%	-92.6M YoY-41.1%	-65.6M YoY+26.9%
Total liabilities & equity	4.63B YoY+6.0%	4.37B YoY+8.9%	4.01B YoY+5.4%	3.81B YoY-7.0%	4.09B YoY+4.8%
	73.0M YoY+0.0%	73.0M YoY+0.0%	73.0M YoY+0.0%	73.0M YoY+0.0%	73.0M YoY+0.0%
	59.9M YoY+1.2%	59.1M YoY-1.5%	60.0M YoY+0.4%	59.8M YoY-5.2%	63.1M YoY+0.4%
Cash Flow	as ofSep 30 ’25	as ofSep 30 ’24	as ofSep 30 ’23	as ofSep 30 ’22	as ofSep 30 ’21
	471M YoY+7.3%	439M YoY+42.3%	309M YoY+59.3%	194M YoY-58.3%	465M YoY+33.0%
Depreciation & amortization	113M YoY-2.5%	116M YoY-3.0%	120M YoY-0.7%	121M YoY-6.9%	130M YoY-1.2%
Intangible amortization	28.2M YoY-16.0%	33.6M YoY-10.6%	37.6M YoY-0.1%	37.6M YoY-10.2%	41.9M YoY+6.2%
Share-based compensation	31.7M YoY-4.2%	33.1M YoY+41.4%	23.4M YoY+16.3%	20.1M YoY-6.4%	21.5M YoY-6.2%
Deferred income taxes	-52.4M YoY-17.4%	-44.6M YoY-11.1%	-40.2M YoY-72.9%	-23.2M YoY-94.1%	-12.0M YoY-1012.6%
Change in receivables	11.5M YoY+132.1%	-35.8M YoY-131.6%	113M YoY+108.0%	54.4M YoY+231.9%	-41.2M YoY+20.8%
Change in inventory	49.6M YoY-41.6%	84.9M YoY+2726.6%	-3.23M YoY-102.9%	110M YoY+683.9%	-18.9M YoY+69.1%
	-120M YoY-34.0%	-89.2M YoY-21.3%	-73.6M YoY-12.4%	-65.4M YoY-85.4%	-35.3M YoY-413.0%
Capital expenditure	131M YoY+36.0%	96.3M YoY+25.9%	76.5M YoY+44.7%	52.9M YoY+40.3%	37.7M YoY-20.0%
Free cash flow	340M YoY-0.7%	343M YoY+47.7%	232M YoY+64.8%	141M YoY-67.0%	427M YoY+41.2%
Acquisitions	41.7M	0.00 YoY+100.0%	-878K YoY-104.1%	21.5M	0.00
	-314M YoY-44.0%	-218M YoY-11.0%	-196M YoY+55.6%	-442M YoY-224.5%	-136M YoY+53.0%
Long-term debt issued	0.00	0.00	0.00	0.00	0.00
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	173M YoY-55.8%	391M YoY+209.2%	126M YoY-74.0%	485M YoY+1355.4%	33.3M YoY+149.8%
Dividends paid	65.0M YoY+11.5%	58.3M YoY+14.2%	51.0M YoY+13.4%	45.0M YoY+24.8%	36.0M YoY-4.3%
FX effect on cash	—	—	—	—	2.14M YoY+17.0%
Net change in cash	45.2M YoY-68.8%	145M YoY+389.2%	29.6M YoY+108.7%	-341M YoY-215.4%	295M YoY+444.7%
Interest paid	34.7M YoY-5.4%	36.7M YoY+3.9%	35.3M YoY+28.7%	27.4M YoY-0.5%	27.6M YoY+1.6%
Income taxes paid	105M YoY-30.7%	152M YoY+64.4%	92.5M YoY+213.0%	29.6M YoY-24.1%	38.9M YoY-58.6%
Valuation Ratios	as ofSep 30 ’25	as ofSep 30 ’24	as ofSep 30 ’23	as ofSep 30 ’22	as ofSep 30 ’21
Market cap	15.1B YoY+49.2%	10.1B YoY+35.1%	7.51B YoY+56.5%	4.80B YoY-32.8%	7.14B YoY+41.8%
P/E	34.2× YoY+25.9%	27.2× YoY-26.2%	36.8× YoY+31.9%	27.9× YoY-18.4%	34.2× YoY+63.4%
P/S	4.2× YoY+39.0%	3.1× YoY+12.9%	2.7× YoY+34.3%	2.0× YoY-36.7%	3.2× YoY+57.6%
P/B	5.9× YoY+26.5%	4.7× YoY+29.5%	3.6× YoY+42.7%	2.5× YoY-21.7%	3.2× YoY+27.6%
P/FCF	44.5× YoY+50.3%	29.6× YoY-25.0%	39.4× YoY+15.8%	34.1× YoY+103.8%	16.7× YoY+0.5%
	2.9% YoY-20.5%	3.7% YoY+35.5%	2.7% YoY-24.2%	3.6% YoY+22.5%	2.9% YoY-38.8%
	2.2% YoY-33.4%	3.4% YoY+33.3%	2.5% YoY-13.6%	2.9% YoY-50.9%	6.0% YoY-0.5%
	0.43% YoY-23.7%	0.57% YoY-17.3%	0.68% YoY-25.0%	0.91% YoY+81.6%	0.50% YoY-33.4%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: WWD'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 WWD filings on SEC EDGAR → Not investment advice.