Curtiss-Wright (CW)


Market Price (7/22/2026): $722.09 | Market Cap: $26.6 BilSector: Industrials | Industry: Aerospace & Defense

Curtiss-Wright (CW)


Market Price (7/22/2026): $722.09
Market Cap: $26.6 Bil
Sector: Industrials
Industry: Aerospace & Defense

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

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Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 19%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 16%

Low stock price volatility
Vol 12M is 34%

Megatrend and thematic drivers
Megatrends include Datacenter Power, and Advanced Aviation & Space. Themes include Mini Nuclear, Power Grid, Show more.

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.4%

Key risks
CW key risks include [1] its heavy reliance on U.S. Show more.

0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 19%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 16%
1 Low stock price volatility
Vol 12M is 34%
2 Megatrend and thematic drivers
Megatrends include Datacenter Power, and Advanced Aviation & Space. Themes include Mini Nuclear, Power Grid, Show more.
3 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.4%
4 Key risks
CW key risks include [1] its heavy reliance on U.S. Show more.

CW in ETFs

Weight = CW's share of each fund

VTI0.04%
ITOT0.04%
IWB0.04%
IJH0.73%
VB0.34%
MISL2.9%
ITA1.9%
MDYG1.5%
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Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 7/16/2026

Curtiss-Wright (CW) stock has gained about 5% since 3/31/2026 because of the following key factors:

1. Strong First Quarter Fiscal 2026 Financial Performance and Raised Full-Year Guidance.

Curtiss-Wright reported robust financial results for fiscal Q1 2026, which ended March 31, 2026, exceeding market expectations. The company announced an adjusted diluted earnings per share (EPS) of $3.48, surpassing the consensus estimate of $3.32 by $0.16. Quarterly revenue increased by 13.4% year-over-year to $913.69 million, also beating the consensus estimate of $863.83 million. Following these strong results, Curtiss-Wright raised its full-year fiscal 2026 guidance for sales, operating margin, EPS, and free cash flow. Additionally, new orders saw a 16% year-over-year increase, resulting in a favorable 1.3x book-to-bill ratio.

2. Strategic Investments and Enhanced Financial Flexibility for Growth.

In fiscal Q2 2026, Curtiss-Wright demonstrated a commitment to future growth through significant strategic investments and strengthened financial positioning. On July 6, 2026, the company announced an $80 million multi-year investment to expand its Cheswick, Pennsylvania facility within the Naval & Power segment. This expansion aims to boost manufacturing and testing capacity for naval defense and commercial nuclear markets, supported by state funding and the U.S. Department of War budget, and is projected to create 150 new jobs. Furthermore, on May 20, 2026, Curtiss-Wright entered into a new credit agreement, increasing its revolving credit facility to $1 billion and expanding the accordion feature to $500 million, providing greater financial flexibility for future growth initiatives and potential acquisitions.

Show more
Updated on 7/16/2026

Curtiss-Wright (CW) stock has gained about 5% since 3/31/2026 because of the following key factors:

1. Strong First Quarter Fiscal 2026 Financial Performance and Raised Full-Year Guidance.

Curtiss-Wright reported robust financial results for fiscal Q1 2026, which ended March 31, 2026, exceeding market expectations. The company announced an adjusted diluted earnings per share (EPS) of $3.48, surpassing the consensus estimate of $3.32 by $0.16. Quarterly revenue increased by 13.4% year-over-year to $913.69 million, also beating the consensus estimate of $863.83 million. Following these strong results, Curtiss-Wright raised its full-year fiscal 2026 guidance for sales, operating margin, EPS, and free cash flow. Additionally, new orders saw a 16% year-over-year increase, resulting in a favorable 1.3x book-to-bill ratio.

2. Strategic Investments and Enhanced Financial Flexibility for Growth.

In fiscal Q2 2026, Curtiss-Wright demonstrated a commitment to future growth through significant strategic investments and strengthened financial positioning. On July 6, 2026, the company announced an $80 million multi-year investment to expand its Cheswick, Pennsylvania facility within the Naval & Power segment. This expansion aims to boost manufacturing and testing capacity for naval defense and commercial nuclear markets, supported by state funding and the U.S. Department of War budget, and is projected to create 150 new jobs. Furthermore, on May 20, 2026, Curtiss-Wright entered into a new credit agreement, increasing its revolving credit facility to $1 billion and expanding the accordion feature to $500 million, providing greater financial flexibility for future growth initiatives and potential acquisitions.

3. Positive Analyst Sentiment and Upgraded Price Targets.

Analyst coverage reflected strong confidence in Curtiss-Wright's outlook during the period. Multiple analysts maintained or upgraded their ratings, resulting in a consensus of "Moderate Buy" or "Buy". Notably, Citigroup raised its price target for CW from $775 to $793 on July 1, 2026. Morgan Stanley also increased its price target from $760 to $860 on July 14, 2026. The average 12-month price target from various analysts ranged from $763.67 to $814.83, suggesting a considerable potential upside for the stock.

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Stock Movement Drivers

Fundamental Drivers

The 6.1% change in CW stock from 3/31/2026 to 7/21/2026 was primarily driven by a 3.1% change in the company's Total Revenues ($ Mil).
(LTM values as of)33120267212026Change
Stock Price ($)680.89722.096.1%
Change Contribution By: 
Total Revenues ($ Mil)3,4983,6063.1%
Net Income Margin (%)13.8%14.2%2.4%
P/E Multiple51.952.10.4%
Shares Outstanding (Mil)37370.1%
Cumulative Contribution6.1%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2026 to 7/21/2026
ReturnCorrelation
CW6.1% 
Market (SPY)15.1%53.2%
Sector (XLI)10.5%71.7%

Fundamental Drivers

The 31.1% change in CW stock from 12/31/2025 to 7/21/2026 was primarily driven by a 17.6% change in the company's P/E Multiple.
(LTM values as of)123120257212026Change
Stock Price ($)550.89722.0931.1%
Change Contribution By: 
Total Revenues ($ Mil)3,3763,6066.8%
Net Income Margin (%)13.8%14.2%2.9%
P/E Multiple44.352.117.6%
Shares Outstanding (Mil)37371.4%
Cumulative Contribution31.1%

LTM = Last Twelve Months as of date shown

Market Drivers

12/31/2025 to 7/21/2026
ReturnCorrelation
CW31.1% 
Market (SPY)10.0%51.4%
Sector (XLI)15.5%68.7%

Fundamental Drivers

The 48.0% change in CW stock from 6/30/2025 to 7/21/2026 was primarily driven by a 21.9% change in the company's P/E Multiple.
(LTM values as of)63020257212026Change
Stock Price ($)487.78722.0948.0%
Change Contribution By: 
Total Revenues ($ Mil)3,2143,60612.2%
Net Income Margin (%)13.4%14.2%6.0%
P/E Multiple42.852.121.9%
Shares Outstanding (Mil)38372.1%
Cumulative Contribution48.0%

LTM = Last Twelve Months as of date shown

Market Drivers

6/30/2025 to 7/21/2026
ReturnCorrelation
CW48.0% 
Market (SPY)22.1%51.4%
Sector (XLI)22.4%63.9%

Fundamental Drivers

The 296.1% change in CW stock from 6/30/2023 to 7/21/2026 was primarily driven by a 131.8% change in the company's P/E Multiple.
(LTM values as of)63020237212026Change
Stock Price ($)182.29722.09296.1%
Change Contribution By: 
Total Revenues ($ Mil)2,6283,60637.2%
Net Income Margin (%)11.8%14.2%20.0%
P/E Multiple22.552.1131.8%
Shares Outstanding (Mil)38373.8%
Cumulative Contribution296.1%

LTM = Last Twelve Months as of date shown

Market Drivers

6/30/2023 to 7/21/2026
ReturnCorrelation
CW296.1% 
Market (SPY)74.8%56.1%
Sector (XLI)73.4%65.7%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
CW Return20%21%34%60%56%29%522%
Peers Return9%20%20%23%22%-1%133%
S&P 500 Return27%-19%24%23%16%9%98%

Monthly Win Rates [3]
CW Win Rate58%50%67%67%50%71% 
Peers Win Rate50%52%52%60%56%53% 
S&P 500 Win Rate75%42%67%75%67%43% 

Max Drawdowns [4]
CW Max Drawdown-15%-20%-11%-11%-26%-13% 
Peers Max Drawdown-20%-22%-19%-15%-25%-28% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: PH, LMT, NOC, FLS, AADX. See CW Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 7/21/2026 (YTD)

How Low Can It Go

EventCWS&P 500
2025 US Tariff Shock
  % Loss-15.6%-18.8%
  % Gain to Breakeven18.4%23.1%
  Time to Breakeven20 days79 days
2020 COVID-19 Crash
  % Loss-47.8%-33.7%
  % Gain to Breakeven91.4%50.9%
  Time to Breakeven707 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-29.1%-19.2%
  % Gain to Breakeven41.1%23.8%
  Time to Breakeven312 days105 days
2014-2016 Oil Price Collapse
  % Loss-13.1%-6.8%
  % Gain to Breakeven15.0%7.3%
  Time to Breakeven52 days15 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-19.3%-17.9%
  % Gain to Breakeven23.9%21.8%
  Time to Breakeven35 days123 days
2010 Eurozone Sovereign Debt Crisis / Flash Crash
  % Loss-24.7%-15.4%
  % Gain to Breakeven32.7%18.2%
  Time to Breakeven225 days125 days

Compare to PH, LMT, NOC, FLS, AADX

In The Past

Curtiss-Wright's stock fell -15.6% during the 2025 US Tariff Shock. Such a loss loss requires a 18.4% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventCWS&P 500
2020 COVID-19 Crash
  % Loss-47.8%-33.7%
  % Gain to Breakeven91.4%50.9%
  Time to Breakeven707 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-29.1%-19.2%
  % Gain to Breakeven41.1%23.8%
  Time to Breakeven312 days105 days
2010 Eurozone Sovereign Debt Crisis / Flash Crash
  % Loss-24.7%-15.4%
  % Gain to Breakeven32.7%18.2%
  Time to Breakeven225 days125 days
2008-2009 Global Financial Crisis
  % Loss-56.0%-53.4%
  % Gain to Breakeven127.1%114.4%
  Time to Breakeven1687 days1085 days

Compare to PH, LMT, NOC, FLS, AADX

In The Past

Curtiss-Wright's stock fell -15.6% during the 2025 US Tariff Shock. Such a loss loss requires a 18.4% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Curtiss-Wright (CW)

Curtiss-Wright Corporation (CW) is a diversified global engineering company that provides highly specialized products, solutions, and services across critical industrial sectors. Leveraging a long history since its founding in 1929, the company primarily serves demanding applications within the aerospace, defense, general industrial, and power generation markets worldwide.

The company operates through three main segments, each focusing on distinct product lines and customer needs. Its Aerospace & Industrial segment offers components such as sensors, controls, and electro-mechanical actuation devices for commercial and military aircraft, as well as industrial vehicle products like electronic throttle controls and joysticks. This segment also provides specialized surface technology services, including shot and laser peening.

The Defense Electronics segment supplies advanced solutions like commercial off-the-shelf embedded computing modules, flight test instrumentation, and integrated subsystems for defense platforms, alongside turret aiming, stabilization, and weapons handling systems. Lastly, the Naval & Power segment is a crucial supplier of hardware, pumps, valves, and control rod drive mechanisms for nuclear power plants, while also providing naval propulsion and auxiliary equipment, including maintenance services, primarily to the U.S. Navy.

AI Analysis | Feedback

Here are 1-3 brief analogies for Curtiss-Wright:

  • Curtiss-Wright is like TransDigm (a major supplier of highly engineered aerospace components) but diversified into defense electronics, naval nuclear systems, and specialized industrial controls.
  • Imagine BWX Technologies (a leading supplier of nuclear components for the U.S. Navy and power industry) also had substantial businesses in aerospace components and defense electronics.

AI Analysis | Feedback

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  • Industrial Vehicle Components: Manufactures electronic throttle control devices, joysticks, and transmission shifters for industrial vehicles.
  • Aircraft Components: Provides sensors, controls, and electro-mechanical actuation components used in commercial and military aircraft.
  • Surface Technology Services: Offers specialized services including shot peening, laser peening, and coatings to enhance material properties.
  • Defense Embedded Computing & Instrumentation: Supplies commercial off-the-shelf embedded computing modules, data acquisition, and flight test instrumentation equipment.
  • Defense Systems: Delivers integrated subsystems, instrumentation and control systems, turret aiming and stabilization products, and weapons handling systems for defense.
  • Avionics & Flight Test Solutions: Provides avionics, electronics, and aircraft data management solutions for military aircraft.
  • Nuclear Power Plant Equipment: Manufactures hardware, pumps, seals, control rod drive mechanisms, valves, and spent fuel management products for nuclear power plants.
  • Naval Propulsion & Auxiliary Equipment: Produces coolant pumps, motors, generators, steam turbines, and secondary propulsion systems for naval vessels.
  • Ship Repair & Maintenance Services: Offers specialized repair and maintenance services primarily for the U.S. Navy.
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AI Analysis | Feedback

Curtiss-Wright (CW) primarily sells its engineered products, solutions, and services to other companies (B2B) and government entities (B2G) within the aerospace, defense, general industrial, and power generation markets.

Based on the company description, its major customers include:

  • The U.S. Navy: Explicitly mentioned as a primary customer for naval propulsion and auxiliary equipment, as well as ship repair and maintenance services within the Naval & Power segment.
  • Prime Defense Contractors: Curtiss-Wright supplies a wide array of embedded computing, avionics, flight test instrumentation, turret aiming and stabilization products, and weapons handling systems for military aircraft, vehicles, and naval platforms. Major defense contractors that integrate these solutions include:
    • Lockheed Martin (LMT)
    • Northrop Grumman (NOC)
    • General Dynamics (GD)
  • Commercial Aerospace Manufacturers: For sensors, controls, and electro-mechanical actuation components used in commercial aircraft. A leading customer in this category would be:
    • Boeing (BA)
  • Nuclear Power Plant Operators and Nuclear Equipment Manufacturers: Curtiss-Wright provides critical hardware, pumps, valves, and fluid sealing products for nuclear power plants. These customers are utility companies or specialized manufacturers in the nuclear energy sector.

AI Analysis | Feedback

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Lynn M. Bamford
Chair and Chief Executive Officer

Lynn M. Bamford assumed the role of President and Chief Executive Officer of Curtiss-Wright Corporation on January 1, 2021, and was named a member of the Board. She assumed the role of Chair of the Board of Directors in May 2022. Prior to her CEO role, she served as President of the Defense and Power Segments since January 2020, overseeing strategic goals, technology development, global operations, and financial performance. From 2013 through 2019, she was Senior Vice President and General Manager of the Defense Solutions division. Ms. Bamford joined Curtiss-Wright in 2004 with its acquisition of Dy4, where she held several engineering and leadership positions. She has over 30 years of operational experience across the defense, aerospace, and commercial industries, and successfully led the Company through nine acquisitions during her tenure. Ms. Bamford holds a Bachelor of Science Degree in Electrical Engineering from Penn State University and a Master of Science Degree in Electrical Engineering from George Mason University.

K. Christopher Farkas
Vice President and Chief Financial Officer

K. Christopher Farkas was named Vice President and Chief Financial Officer of Curtiss-Wright Corporation in 2020. Before this, he served as Vice President of Finance of Curtiss-Wright Corporation from December 2017, and held positions as Vice President and Corporate Controller since 2014, and Assistant Corporate Controller since May 2009. Mr. Farkas has more than 17 years of experience in financial, technical, and operational roles of increasing responsibility within Fortune 50/250 industrial companies, including United Technologies Corporation and Parker Hannifin, prior to joining Curtiss-Wright. He holds a Bachelor of Science Degree in Accounting from Central Connecticut State University, an MBA from Purdue University, Krannert School of Management, and an Executive MBA Degree from the ESCP Europe (European School of Management). He is a CPA and a Member of the AICPA.

Christopher J. Rayment
Vice President and Chief Operating Officer

Mr. Rayment was named Vice President and Chief Operating Officer of Curtiss-Wright Corporation in 2021. Previously, he was President of the Commercial / Industrial Segment starting in January 2020. He brings over 30 years of experience across the commercial, general industrial, aerospace, nuclear, and defense industries.

Gary Ogilby
Vice President and Corporate Controller

Mr. Ogilby was named Vice President and Corporate Controller of Curtiss-Wright Corporation in 2020. Before this role, he was Vice President of Finance and Administration at the Corporation's Surface Technologies division starting in 2016. He served as Assistant Corporate Controller of the Corporation since 2014 and held other corporate financial managerial roles of increasing responsibility since 2010. Prior to joining Curtiss-Wright, he worked at Ernst & Young, where he primarily served public multi-national corporations. Mr. Ogilby holds a Bachelor of Science Degree in Accounting from the College of New Jersey and is a CPA and a Member of the AICPA.

AI Analysis | Feedback

Here are the key risks to Curtiss-Wright's business:

  1. Dependence on Government Spending and Contracts: A significant portion of Curtiss-Wright's revenue, approximately 58% of its 2025 net sales, is derived from the U.S. Government and foreign government end-use. This heavy reliance makes the company vulnerable to fluctuations in defense budgets, changes in government priorities, and political pressures, which could directly impact sales volumes and profitability.
  2. Regulatory and Compliance Risks: As a major contractor for government entities, Curtiss-Wright is subject to a complex web of U.S. Government procurement rules, regulations, and international laws. Non-compliance with these stringent regulations could result in severe penalties, fines, or even debarment from future government contracts, significantly harming the company's financial performance and reputation.
  3. Cybersecurity Threats: The company's increasing reliance on advanced information systems makes it highly susceptible to cybersecurity threats. The risk of unauthorized access, data breaches, or system disruptions could compromise sensitive information, disrupt operations, and damage Curtiss-Wright's reputation, potentially leading to significant financial losses and customer distrust.

AI Analysis | Feedback

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Addressable Markets for Curtiss-Wright's Main Products and Services

Curtiss-Wright (symbol: CW) operates across diverse markets, providing engineered products, solutions, and services. The addressable market sizes for its key offerings are outlined below, along with the relevant geographical regions.

Aerospace & Industrial Segment

  • Industrial Vehicle Control Products (Joysticks, Throttle Controls, Shifters): The global industrial joysticks market was valued at USD 2,128.7 million in 2024 and is projected to grow to USD 3,500 million by 2035. Specifically, the global industrial fingertip joystick market was valued at USD 342.7 million in 2025 and is projected to reach USD 589.2 million by 2034. The industrial switch joystick market is expected to reach USD 2.20 billion by 2030. North America held the majority share of the Industrial Joysticks Sales Market in 2024.
  • Aircraft Sensors, Controls, and Electro-Mechanical Actuation Components:
    • Aircraft Sensors: The global aircraft sensors market size was estimated at USD 7.85 billion in 2025 and is predicted to increase to approximately USD 19.74 billion by 2035. North America led the global market with a 36% market share in 2025.
    • Electro-Mechanical Actuators in Aircraft: The global electromechanical actuators in aircraft market is projected to reach USD 804.3 million by 2030, growing from USD 577.1 million in 2025. North America is projected to account for the largest share in this market.
  • Surface Technology Services (Shot Peening, Laser Peening, Coatings):
    • Shot Peening Services: The global shot peening services market size reached USD 1.27 billion in 2024 and is anticipated to expand to approximately USD 2.19 billion by 2033. North America remains a key market, with a 28% market share in 2024, while Europe contributes approximately 40% of the global market share.
    • Laser Shock Peening Services: The global Laser Shock Peening Services market size was valued at USD 124 billion in 2024 and is projected to reach USD 490.86 billion by 2032. Alternatively, another source states the global Laser Shock Peening Services market size was approximately USD 500 million in 2023 and is expected to reach around USD 965 million by 2032. North America's market size for LSP services was estimated at approximately USD 200 million in 2023.

Defense Electronics Segment

  • Avionics and Electronics: The global avionics market size was valued at USD 69.8 billion in 2024 and is projected to reach USD 156.0 billion by 2035. North America dominated the avionics market with a 34% market share in 2024.
  • Flight Test Equipment: The global flight testing tool market size was valued at USD 281 million in 2024 and is projected to grow to USD 380 million by 2032. The global aviation test equipment market was valued at USD 9.1 billion in 2025 and is expected to reach USD 13.9 billion by 2036. North America dominated the aviation test equipment market with the largest revenue share of over 45% in 2025.
  • Aircraft Data Management Solutions: The global aircraft data management market is evolving, with North America dominating with 43.7% of the market share in 2025. The flight data monitoring and analysis market is projected to grow from USD 1.6 billion in 2025 to USD 3.7 billion by 2035. The aviation analytics market size is estimated at USD 4.2 billion in 2026 and is set to reach USD 7.47 billion by 2031.

Naval & Power Segment

  • Nuclear Power Plant Equipment and Components: The global nuclear power plant equipment market size was estimated at USD 22.25 billion in 2025 and is projected to reach USD 28.82 billion by 2033. The global nuclear power plant equipment market size reached USD 41.7 billion in 2024 and is expected to reach USD 54.6 billion by 2033. Asia Pacific, particularly East Asia, holds the largest share of this market. The global Nuclear Power Plant Core Components market was valued at US$ 5,689 million in 2024 and is projected to reach US$ 10,310 million by 2031.
  • Naval Propulsion and Auxiliary Equipment, and Ship Repair and Maintenance Services for the U.S. Navy: The global Naval Vessel Maintenance, Repair, and Overhaul (MRO) market was valued at USD 58.67 billion in 2025 and is expected to reach USD 71.74 billion by 2035. The U.S. Naval Vessel MRO market size was valued at USD 16.66 billion in 2025 and is projected to reach USD 18.23 billion by 2035. North America led the Naval Vessel MRO Market in 2025 with an estimated 40% market share. The U.S. Ship Repair and Maintenance Services Market size was valued at USD 11.94 million in 2024 and is projected to reach USD 13.13 million by 2032.

AI Analysis | Feedback

Curtiss-Wright (CW) is expected to experience future revenue growth over the next 2-3 years driven by several key factors:

  • Sustained Demand in Aerospace & Defense Markets: The company anticipates continued strong demand across its Aerospace & Defense (A&D) markets, including naval defense, ground defense, and commercial aerospace, particularly in OEM sales for narrow-body and wide-body aircraft platforms. This is supported by a robust and growing backlog.
  • Expansion in the Commercial Nuclear Market: Curtiss-Wright projects significant growth within the commercial nuclear market. This includes demand for aftermarket products and advancements in Small Modular Reactors (SMRs).
  • Strategic Acquisitions: Acquisitions, such as the recently completed integration of Ultra Energy, are expected to contribute to the company's overall sales growth. This indicates a strategy of inorganic growth contributing to revenue expansion.
  • Investments in Innovative Technologies and Research & Development (R&D): Curtiss-Wright is increasing its investments in innovative technologies and R&D to support future growth vectors. These investments are aimed at developing new products and enhancing existing solutions, thereby strengthening its market position and driving future sales.

AI Analysis | Feedback

Share Repurchases

  • Curtiss-Wright has returned over $1.1 billion to shareholders through share repurchase activities since early 2021.
  • The company anticipates record annual share repurchases of $466 million in 2025.
  • As of November 2025, the Board of Directors authorized an additional $416 million for future share repurchases, increasing the total available authorization to $550 million.

Share Issuance

  • For 2025, Curtiss-Wright expects to minimally repurchase $66 million in shares via ongoing 10b5-1 programs, which is anticipated to offset potential dilution from compensation plans. Similarly, the company expects to repurchase $60 million in shares in January 2026 via a 10b5-1 program, expected to offset potential dilution from compensation plans.

Outbound Investments

  • In January 2025, Curtiss-Wright completed the acquisition of Ultra Energy (Ultra Nuclear Limited and Weed Instrument Co., Inc.) for $200 million in cash, aiming to increase the breadth of its global commercial nuclear portfolio.
  • The company acquired WSC, Inc. in April 2024 for approximately $34 million in cash, a move that expanded its portfolio of advanced commercial nuclear technologies through simulation technology.
  • Curtiss-Wright acquired Keronite for $35 million in November 2022.

Capital Expenditures

  • Capital expenditures for 2025 increased to $90 million, with a primary focus on the Aerospace & Industrial and Naval & Power segments.
  • For 2025, free cash flow guidance included higher capital expenditures, reflecting a nearly $25 million year-over-year increase compared to 2024 results, supporting growth and efficiency initiatives.
  • Projected capital expenditures for 2026 are expected to be between $110 million and $120 million, continuing to support strategic acquisitions and capital investments.

Better Bets vs. Curtiss-Wright (CW)

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Peer Comparisons

Peers to compare with:

Financials

CWPHLMTNOCFLSAADXMedian
NameCurtiss-.Parker H.Lockheed.Northrop.FlowserveApplied . 
Mkt Price722.09959.58507.09512.2967.5218.03509.69
Mkt Cap26.6121.1116.672.88.6-72.8
Rev LTM3,60620,98775,10642,3674,653-20,987
Op Inc LTM6684,3887,4224,696510-4,388
FCF LTM5913,6785,6623,305437-3,305
FCF 3Y Avg5083,2485,6212,405322-2,405
CFO LTM6774,0957,3684,666513-4,095
CFO 3Y Avg5743,6587,3684,022396-3,658

Growth & Margins

CWPHLMTNOCFLSAADXMedian
NameCurtiss-.Parker H.Lockheed.Northrop.FlowserveApplied . 
Rev Chg LTM12.2%6.0%4.6%5.0%0.8%-5.0%
Rev Chg 3Y Avg11.1%5.0%4.3%4.6%7.5%-5.0%
Rev Chg Q13.4%10.6%0.3%4.4%-6.7%-4.4%
QoQ Delta Rev Chg LTM3.1%2.6%0.1%1.0%-1.6%-1.0%
Op Inc Chg LTM16.5%10.3%0.9%21.3%8.0%-10.3%
Op Inc Chg 3Y Avg14.8%16.1%-4.0%13.2%32.8%-14.8%
Op Mgn LTM18.5%20.9%9.9%11.1%11.0%-11.1%
Op Mgn 3Y Avg17.9%20.0%10.8%9.1%9.9%-10.8%
QoQ Delta Op Mgn LTM0.3%-0.1%-0.4%0.9%-0.0%--0.0%
CFO/Rev LTM18.8%19.5%9.8%11.0%11.0%-11.0%
CFO/Rev 3Y Avg17.6%18.1%10.2%9.8%8.7%-10.2%
FCF/Rev LTM16.4%17.5%7.5%7.8%9.4%-9.4%
FCF/Rev 3Y Avg15.6%16.0%7.8%5.8%7.0%-7.8%

Valuation

CWPHLMTNOCFLSAADXMedian
NameCurtiss-.Parker H.Lockheed.Northrop.FlowserveApplied . 
Mkt Cap26.6121.1116.672.88.6-72.8
P/S7.45.81.61.71.9-1.9
P/Op Inc39.927.615.715.516.9-16.9
P/EBIT38.325.817.211.814.0-17.2
P/E52.134.824.315.924.3-24.3
P/CFO39.429.615.815.616.8-16.8
Total Yield2.0%3.6%6.8%8.1%5.4%-5.4%
Dividend Yield0.1%0.8%2.7%1.8%1.3%-1.3%
FCF Yield 3Y Avg3.0%3.7%5.0%3.4%4.2%-3.7%
D/E0.00.10.20.20.2-0.2
Net D/E0.00.10.20.20.1-0.1

Returns

CWPHLMTNOCFLSAADXMedian
NameCurtiss-.Parker H.Lockheed.Northrop.FlowserveApplied . 
1M Rtn-6.5%0.7%-0.8%-1.8%-17.1%-4.2%-3.0%
3M Rtn0.4%-1.1%-10.8%-15.8%-17.5%-5.2%-8.0%
6M Rtn11.1%3.7%-10.9%-21.5%-10.5%-5.2%-7.8%
12M Rtn50.7%36.1%13.1%1.0%27.8%-5.2%20.4%
3Y Rtn279.8%149.2%20.8%18.8%89.1%-5.2%55.0%
1M Excs Rtn-6.6%0.5%-0.9%-1.9%-17.2%-4.3%-3.1%
3M Excs Rtn-6.7%-9.1%-17.8%-27.3%-24.4%-10.8%-14.3%
6M Excs Rtn0.6%-6.2%-20.1%-30.8%-20.2%-13.4%-16.7%
12M Excs Rtn29.0%14.7%-7.0%-19.0%5.8%-24.4%-0.6%
3Y Excs Rtn219.8%83.4%-48.3%-47.2%21.3%-71.8%-13.0%

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Naval & Power1,5031,2791,1431,031996
Defense Electronics1,022914819694728
Aerospace & Industrial977933890839789
Intersegment revenues-4-5-6-6-6
Total3,4983,1212,8452,5572,506


Operating Income by Segment
$ Mil20252024202320222021
Defense Electronics278225192155159
Naval & Power231200189178142
Aerospace & Industrial166148145137122
Corporate and Eliminations-42-44-42-46-40
Total634529485423383


Assets by Segment
$ Mil20252024202320222021
Naval & Power2,0181,9271,4961,4891,270
Defense Electronics1,5581,4471,5181,5461,536
Aerospace & Industrial1,1191,0911,0781,042992
Corporate526521   
Corporate and other  529373295
Assets held for sale    11
Total5,2214,9864,6214,4504,104


Price Behavior

Price Behavior
Market Price$722.09 
Market Cap ($ Bil)26.6 
First Trading Date11/05/1987 
Distance from 52W High-8.9% 
   50 Days200 Days
DMA Price$743.60$657.73
DMA Trendupup
Distance from DMA-2.9%9.8%
 3M1YR
Volatility31.4%33.8%
Downside Capture134.72150.29
Upside Capture100.72166.75
Correlation (SPY)48.2%51.9%
CW Betas & Captures as of 6/30/2026

 1M2M3M6M1Y3Y
Beta0.671.021.321.311.341.06
Up Beta1.481.552.151.781.510.99
Down Beta1.130.990.920.520.741.04
Up Capture39%93%100%191%221%230%
Bmk +ve Days11244067140429
Stock +ve Days12233469140431
Down Capture21%82%91%116%127%99%
Bmk -ve Days10172358112321
Stock -ve Days9182956112317

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with CW
CW48.5%33.8%1.21-
Sector ETF (XLI)19.3%16.6%0.8864.7%
Equity (SPY)20.3%12.6%1.1951.9%
Gold (GLD)21.6%28.1%0.6928.3%
Commodities (DBC)31.4%19.1%1.30-9.9%
Real Estate (VNQ)15.0%14.0%0.7613.2%
Bitcoin (BTCUSD)-44.6%42.9%-1.2532.9%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with CW
CW44.2%28.0%1.32-
Sector ETF (XLI)13.4%17.6%0.5966.3%
Equity (SPY)12.9%17.1%0.5856.0%
Gold (GLD)17.3%18.4%0.7619.6%
Commodities (DBC)8.9%19.5%0.3516.5%
Real Estate (VNQ)2.9%18.9%0.0535.7%
Bitcoin (BTCUSD)14.9%53.4%0.4623.5%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with CW
CW24.4%30.3%0.78-
Sector ETF (XLI)13.9%20.0%0.6176.3%
Equity (SPY)15.2%17.9%0.7265.4%
Gold (GLD)11.2%16.1%0.5710.0%
Commodities (DBC)7.2%17.9%0.3226.1%
Real Estate (VNQ)5.1%20.7%0.2151.1%
Bitcoin (BTCUSD)58.7%66.2%0.9916.9%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date6302026
Short Interest: Shares Quantity0.8 Mil
Short Interest: % Change Since 61520265.0%
Average Daily Volume0.4 Mil
Days-to-Cover Short Interest2
Basic Shares Quantity36.9 Mil
Short % of Basic Shares2.2%

Earnings Returns History

Updated 6/10/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/7/2026-2.5%1.1%-1.3%
2/12/20265.8%10.8%3.4%
2/13/2025-1.2%-3.4%-5.6%
10/31/2024-2.5%6.7%5.7%
8/8/20246.9%11.6%9.5%
5/2/20242.3%6.7%10.1%
2/15/20240.7%1.7%3.5%
11/2/20231.9%2.2%9.4%
...
SUMMARY STATS   
# Positive141514
# Negative767
Median Positive2.3%6.7%9.4%
Median Negative-2.5%-3.8%-2.0%
Max Positive6.9%16.6%44.0%
Max Negative-6.5%-5.3%-5.6%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/7/2026-2.5%1.1%-1.3%
2/12/20265.8%10.8%3.4%
2/13/2025-1.2%-3.4%-5.6%
10/31/2024-2.5%6.7%5.7%
8/8/20246.9%11.6%9.5%
5/2/20242.3%6.7%10.1%
2/15/20240.7%1.7%3.5%
11/2/20231.9%2.2%9.4%
8/3/20234.8%9.7%9.8%
5/4/2023-4.6%-3.7%-1.8%
2/22/20233.6%1.6%-2.2%
11/3/20221.4%6.2%9.5%
8/4/20222.9%1.5%1.9%
5/5/2022-6.5%-5.3%-2.8%
2/24/20220.7%14.7%16.1%
11/4/20211.3%3.3%0.3%
8/4/2021-1.4%-0.1%0.1%
5/6/20212.2%-3.9%-1.0%
2/25/2021-6.1%-4.3%-2.0%
10/29/20200.5%11.1%44.0%
8/4/20205.8%16.6%11.7%
SUMMARY STATS   
# Positive141514
# Negative767
Median Positive2.3%6.7%9.4%
Median Negative-2.5%-3.8%-2.0%
Max Positive6.9%16.6%44.0%
Max Negative-6.5%-5.3%-5.6%

SEC Filings

Expand for More
Report DateFiling DateFiling
03/31/202605/07/202610-Q
12/31/202502/12/202610-K
09/30/202511/06/202510-Q
06/30/202508/07/202510-Q
03/31/202505/08/202510-Q
12/31/202402/13/202510-K
09/30/202410/31/202410-Q
06/30/202408/08/202410-Q
03/31/202405/02/202410-Q
12/31/202302/20/202410-K
09/30/202311/02/202310-Q
06/30/202308/03/202310-Q
03/31/202305/04/202310-Q
12/31/202202/22/202310-K
09/30/202211/03/202210-Q
06/30/202208/04/202210-Q
Collapse to Preview
Report DateFiling DateFiling
03/31/202605/07/202610-Q
12/31/202502/12/202610-K
09/30/202511/06/202510-Q
06/30/202508/07/202510-Q
03/31/202505/08/202510-Q
12/31/202402/13/202510-K
09/30/202410/31/202410-Q
06/30/202408/08/202410-Q
03/31/202405/02/202410-Q
12/31/202302/20/202410-K
09/30/202311/02/202310-Q
06/30/202308/03/202310-Q
03/31/202305/04/202310-Q
12/31/202202/22/202310-K
09/30/202211/03/202210-Q
06/30/202208/04/202210-Q
03/31/202205/05/202210-Q
12/31/202102/24/202210-K
09/30/202111/04/202110-Q
06/30/202108/04/202110-Q
03/31/202105/06/202110-Q
12/31/202002/25/202110-K
09/30/202010/29/202010-Q
06/30/202008/04/202010-Q
03/31/202005/07/202010-Q
12/31/201902/27/202010-K
09/30/201910/31/201910-Q
06/30/201908/01/201910-Q

Recent Forward Guidance

Updated 7/12/2026

Latest: Q1 2026 Earnings Reported 5/7/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 Revenue Growth7.0%7.5%8.0%   
2026 Operating Income Growth9.0%10.5%12.0%   
2026 Operating Margin19.0%19.1%19.2% 0.0%RaisedGuidance: 19.05% for 2026
2026 Diluted EPS14.915.115.31.2% RaisedGuidance: 14.9 for 2026
2026 Free Cash Flow580.00 Mil590.00 Mil600.00 Mil0.9% RaisedGuidance: 585.00 Mil for 2026

null

Insider Activity

Updated 7/6/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Watts, John CEVP & Chief Growth OfficerDirectSell6152026770.56200154,1122,898,847Form
2Bamford, Lynn MChair and CEODirectSell6152026758.202,5001,895,50034,599,699Form
3Ogilby, Gary ASenior VP & Corp ControllerDirectSell6102026721.95399288,0581,568,075Form
4Bamford, Lynn MChair and CEODirectSell6102026721.722,5001,804,30034,739,270Form
5Watts, John CEVP & Chief Growth OfficerDirectSell5272026752.91220165,6402,983,029Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Watts, John CEVP & Chief Growth OfficerDirectSell6152026770.56200154,1122,898,847Form
2Bamford, Lynn MChair and CEODirectSell6152026758.202,5001,895,50034,599,699Form
3Ogilby, Gary ASenior VP & Corp ControllerDirectSell6102026721.95399288,0581,568,075Form
4Bamford, Lynn MChair and CEODirectSell6102026721.722,5001,804,30034,739,270Form
5Watts, John CEVP & Chief Growth OfficerDirectSell5272026752.91220165,6402,983,029Form
6Watts, John CEVP & Chief Growth OfficerDirectSell3182026678.11220149,1842,835,856Form
7Freda, Robert FSenior VP & TreasurerDirectSell3182026678.6114095,0053,625,813Form
8Ogilby, Gary ASenior VP & Corp ControllerDirectSell3182026678.30148100,3881,914,841Form
9McDonald, George PExecutive VP and Corporate SecDirectSell3182026678.07151102,3892,854,675Form
10Rayment, KevinExecutive VP and COODirectSell3182026677.38907614,38421,332,728Form
11Farkas, K ChristopherExecutive VP and CFODirectSell3182026677.46918621,9083,738,224Form
12Bamford, Lynn MChair and CEODirectSell3182026676.703,2252,182,35834,264,028Form
13Farkas, K ChristopherExecutive VP and CFODirectSell2182026694.513,1052,156,4542,953,751Form
14Ogilby, Gary ASenior VP & Corp ControllerDirectSell2052026624.32625390,2001,605,127Form
15Watts, John CEVP & Chief Growth OfficerDirectSell2052026625.57652407,8722,433,467Form
16Freda, Robert FSenior VP & TreasurerDirectSell2052026626.95418262,0653,251,990Form
17Rayment, KevinExecutive VP and COODirectSell2052026626.332,6341,649,75318,724,762Form
18Farkas, K ChristopherExecutive VP and CFODirectSell2052026626.332,6651,669,1694,608,536Form
19Bamford, Lynn MChair and CEODirectSell2052026626.459,3275,842,89928,936,978Form
20Ogilby, Gary ASenior VP & Corp ControllerDirectSell2052026626.56435272,5542,002,486Form
21Watts, John CEVP & Chief Growth OfficerDirectSell1092026600.00288172,8001,912,800Form
22Watts, John CEVP & Chief Growth OfficerDirectSell1062026578.8410761,9362,012,048Form
23Watts, John CVice President Strat & Bus DevDirectSell12292025575.0011867,8502,052,750Form
24Watts, John CVice President Strat & Bus DevDirectSell11252025546.9717595,7202,017,225Form
25Bamford, Lynn MChair and CEODirectSell11172025549.073,7502,059,01319,444,216Form
26Farkas, K ChristopherVice President and CFODirectSell11132025577.915,0472,916,7122,448,027Form
27Bamford, Lynn MChair and CEODirectSell11132025577.793,7502,166,71222,627,990Form
28Watts, John CVice President Strat & Bus DevDirectSell8212025480.501,110533,3551,856,172Form
Core Cache Last Updated: 7/21/2026