Tearsheet

Woodward (WWD)


Market Price (4/22/2026): $384.08 | Market Cap: $23.0 Bil
Sector: Industrials | Industry: Electrical Components & Equipment

Woodward (WWD)


Market Price (4/22/2026): $384.08
Market Cap: $23.0 Bil
Sector: Industrials
Industry: Electrical Components & Equipment

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

0

Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 15%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 15%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 11%

Low stock price volatility
Vol 12M is 34%

Megatrend and thematic drivers
Megatrends include Advanced Aviation & Space, Hydrogen Economy, and Renewable Energy Transition. Themes include Advanced Air Mobility, Show more.

Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 36x, P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 41x

Stock price has recently run up significantly
12M Rtn12 month market price return is 131%

Key risks
WWD key risks include [1] high customer concentration, Show more.

0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 15%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 15%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 11%
2 Low stock price volatility
Vol 12M is 34%
3 Megatrend and thematic drivers
Megatrends include Advanced Aviation & Space, Hydrogen Economy, and Renewable Energy Transition. Themes include Advanced Air Mobility, Show more.
4 Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 36x, P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 41x
5 Stock price has recently run up significantly
12M Rtn12 month market price return is 131%
6 Key risks
WWD key risks include [1] high customer concentration, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Woodward (WWD) stock has gained about 25% since 12/31/2025 because of the following key factors:

1. Strong Fiscal Q1 2026 Earnings Beat and Raised Full-Year Guidance.

Woodward reported robust fiscal first-quarter 2026 results (period ended December 31, 2025) on February 2, 2026, with diluted earnings per share (EPS) of $2.17, significantly exceeding the consensus estimate of $1.65 by 31.52%. Quarterly revenue increased by 28.8% year-over-year to $996.45 million, also surpassing analyst expectations. This strong performance led management to raise its full-year fiscal 2026 guidance, with projected sales growth now expected to be between 14% and 18% (up from 7%-12%) and EPS forecasted to be in the range of $8.20 to $8.60 (up from $7.50-$8.00).

2. Positive Analyst Sentiment and Upgraded Price Targets.

Following the better-than-expected Q1 2026 results, multiple Wall Street analysts upgraded their ratings and increased price targets for Woodward's stock. Notably, Wells Fargo & Company upgraded Woodward to a "strong-buy" rating on April 2, 2026. Several firms also raised their price objectives, including Deutsche Bank Aktiengesellschaft to $445.00, Goldman Sachs to $408.00, and Truist Financial to $404.00.

Show more
Holding a concentrated position? Know your true downside before the momentum shifts.
Protect Your Wealth →

Stock Movement Drivers

Fundamental Drivers

The 25.9% change in WWD stock from 12/31/2025 to 4/21/2026 was primarily driven by a 13.7% change in the company's P/E Multiple.
(LTM values as of)123120254212026Change
Stock Price ($)302.07380.2825.9%
Change Contribution By: 
Total Revenues ($ Mil)3,5673,7916.3%
Net Income Margin (%)12.4%12.9%4.0%
P/E Multiple40.946.613.7%
Shares Outstanding (Mil)60600.1%
Cumulative Contribution25.9%

LTM = Last Twelve Months as of date shown

Market Drivers

12/31/2025 to 4/21/2026
ReturnCorrelation
WWD25.9% 
Market (SPY)-5.4%42.6%
Sector (XLI)10.5%69.1%

Fundamental Drivers

The 50.8% change in WWD stock from 9/30/2025 to 4/21/2026 was primarily driven by a 19.9% change in the company's P/E Multiple.
(LTM values as of)93020254212026Change
Stock Price ($)252.23380.2850.8%
Change Contribution By: 
Total Revenues ($ Mil)3,4263,79110.6%
Net Income Margin (%)11.3%12.9%13.9%
P/E Multiple38.846.619.9%
Shares Outstanding (Mil)6060-0.3%
Cumulative Contribution50.8%

LTM = Last Twelve Months as of date shown

Market Drivers

9/30/2025 to 4/21/2026
ReturnCorrelation
WWD50.8% 
Market (SPY)-2.9%44.3%
Sector (XLI)11.5%65.1%

Fundamental Drivers

The 109.3% change in WWD stock from 3/31/2025 to 4/21/2026 was primarily driven by a 60.1% change in the company's P/E Multiple.
(LTM values as of)33120254212026Change
Stock Price ($)181.69380.28109.3%
Change Contribution By: 
Total Revenues ($ Mil)3,3103,79114.5%
Net Income Margin (%)11.2%12.9%15.3%
P/E Multiple29.146.660.1%
Shares Outstanding (Mil)5960-1.0%
Cumulative Contribution109.3%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2025 to 4/21/2026
ReturnCorrelation
WWD109.3% 
Market (SPY)16.3%60.5%
Sector (XLI)32.2%70.4%

Fundamental Drivers

The 297.4% change in WWD stock from 3/31/2023 to 4/21/2026 was primarily driven by a 85.5% change in the company's Net Income Margin (%).
(LTM values as of)33120234212026Change
Stock Price ($)95.69380.28297.4%
Change Contribution By: 
Total Revenues ($ Mil)2,4603,79154.1%
Net Income Margin (%)7.0%12.9%85.5%
P/E Multiple33.446.639.4%
Shares Outstanding (Mil)6060-0.3%
Cumulative Contribution297.4%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2023 to 4/21/2026
ReturnCorrelation
WWD297.4% 
Market (SPY)63.3%48.6%
Sector (XLI)76.7%58.0%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
WWD Return-9%-11%42%23%83%30%235%
Peers Return20%0%39%39%36%13%256%
S&P 500 Return27%-19%24%23%16%4%89%

Monthly Win Rates [3]
WWD Win Rate42%58%67%67%83%75% 
Peers Win Rate58%42%57%63%63%70% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
WWD Max Drawdown-15%-26%-7%-3%-5%0% 
Peers Max Drawdown-6%-22%-10%-3%-13%-3% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-7% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: HON, PH, ETN, RTX, GE. See WWD 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 4/21/2026 (YTD)

How Low Can It Go

Unique KeyEventWWDS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-38.2%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven61.9%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven305 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-60.7%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven154.4%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven410 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-18.5%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven22.8%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven36 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-83.3%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven498.6%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven1,914 days1,480 days

Compare to HON, PH, ETN, RTX, GE

In The Past

Woodward's stock fell -38.2% during the 2022 Inflation Shock from a high on 5/7/2021. A -38.2% loss requires a 61.9% 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 Woodward (WWD)

Woodward, Inc. designs, manufactures, and services control solutions for the aerospace and industrial markets worldwide. The company operates through two segments: Aerospace and Industrial. The Aerospace segment provides fuel pumps, metering units, actuators, air valves, specialty valves, fuel nozzles, and thrust reverser actuation systems for turbine engines and nacelles, and flight deck controls, actuators, servocontrols, motors, and sensors for aircraft. These products are used on commercial and private aircraft and rotorcraft, as well as on military fixed-wing aircraft and rotorcraft, guided weapons, and other defense systems. It also provides aftermarket maintenance, repair and overhaul, and other services to commercial airlines, repair facilities, military depots, third party repair shops, and other end users. This segment sells its products to original equipment manufacturers (OEMs), tier-one suppliers, and various contractors, as well as through aftermarket sales of components, such as provisioning spares or replacements, and spare parts. The Industrial segment offers actuators, valves, pumps, fuel injection systems, solenoids, ignition systems, speed controls, electronics and software, and sensors. These products are used on industrial gas turbines, steam turbines, compressors, and reciprocating engines. This segment sells its aftermarket products, and other related services to OEMs through an independent network of distributors, as well as directly to end users. The company was founded in 1870 and is headquartered in Fort Collins, Colorado.

AI Analysis | Feedback

Here are 1-3 brief analogies for Woodward (WWD):
  • Woodward is like a focused Honeywell for the essential control systems inside aircraft and industrial machinery.
  • Woodward is like a specialized Parker-Hannifin, providing high-precision control components for aircraft and industrial engines.
  • Woodward is like a compact Collins Aerospace, concentrating on precision power and motion control for aircraft engines and industrial turbines.

AI Analysis | Feedback

  • Fuel and Fluid Management Systems: Provides components such as fuel pumps, metering units, fuel nozzles, and fuel injection systems for efficient control of fuel and other fluids in engines and turbines.
  • Actuation and Motion Control Systems: Develops actuators, servocontrols, flight deck controls, and thrust reverser actuation systems that precisely manage mechanical movements in aircraft and industrial machinery.
  • Engine and Turbine Control Electronics: Offers advanced electronic controls, ignition systems, solenoids, speed controls, and sensors to regulate the performance of gas turbines, steam turbines, and reciprocating engines.
  • Specialty Valves and Air Systems: Designs and manufactures various air valves and specialty valves critical for controlling fluid and air flow within aerospace and industrial applications.
  • Aftermarket Maintenance, Repair, and Overhaul (MRO) Services: Provides comprehensive maintenance, repair, overhaul, and provisioning of spare parts to ensure the long-term operational integrity of its control solutions.

AI Analysis | Feedback

Woodward (WWD) primarily designs, manufactures, and services control solutions for other businesses within the aerospace and industrial markets. Based on the company description, its major customers are within the following categories. While specific customer names are not listed in the provided background, the following are examples of major companies that would typically fall into these customer categories within the industries Woodward serves:

  • Original Equipment Manufacturers (OEMs): These companies integrate Woodward's components into their larger systems, such as aircraft, engines, turbines, and compressors.
    • Aerospace OEMs (for aircraft, engines, and defense systems):
      • Boeing (BA)
      • Lockheed Martin (LMT)
      • Raytheon Technologies (RTX) - includes major aerospace and engine manufacturers like Pratt & Whitney and Collins Aerospace
      • GE Aerospace (part of General Electric, GE)
      • Airbus (private company, but a major global aerospace OEM)
    • Industrial OEMs (for industrial gas turbines, steam turbines, compressors, and reciprocating engines):
      • General Electric (GE)
      • Siemens Energy (SIEGY)
      • Caterpillar (CAT)
      • Mitsubishi Heavy Industries (7011.T on the Tokyo Stock Exchange, or MHVYF as an ADR)
  • Tier-One Suppliers and Prime Contractors: Especially in the aerospace segment, Woodward sells to companies that supply major subsystems to the ultimate OEMs or directly to defense agencies. Examples would include major aerospace and defense contractors that act as system integrators or provide large components.
  • Aftermarket Customers: This category encompasses various entities involved in maintenance, repair, and overhaul (MRO), as well as direct end-users for spare parts and services.
    • Commercial airlines
    • Military depots
    • Third-party repair facilities
    • Direct industrial end-users (companies operating industrial gas turbines, steam turbines, compressors, and reciprocating engines)

AI Analysis | Feedback

null

AI Analysis | Feedback

Charles "Chip" Blankenship, Chairman of the Board, Chief Executive Officer, and President

Chip Blankenship has served as Chairman of the Board and CEO of Woodward since May 2022. Prior to joining Woodward, he was the CEO of Arconic Corporation, an aircraft parts supplier. He also spent 24 years at General Electric (GE) in leadership roles within aerospace and defense sectors, including serving as CEO of GE Appliances, Vice President and General Manager of Commercial Aircraft Engines, and General Manager of GE Aero Energy.

William (Bill) Lacey, Executive Vice President and Chief Financial Officer

Bill Lacey was appointed Chief Financial Officer of Woodward, Inc. effective May 8, 2023. Before joining Woodward, he served as Vice President of Finance for Amazon's Books and Kindle Content. Prior to Amazon, he was President and CEO of Savant's Lighting division, a role he continued after the division's acquisition by Savant. He also had a 28-year career at General Electric (GE), where he served as President and CEO of GE's Lighting division and held senior financial leadership positions, including CFO of GE's Healthcare Medical Diagnostic and Wind Energy divisions.

Tom Cromwell, Executive Vice President and Chief Operating Officer

Tom Cromwell has direct oversight of Woodward's business groups, global supply chain, and operational excellence groups. He brings significant global experience in advanced manufacturing settings and a proven track record of delivering strong operational results.

Shawn McLevige, Executive Vice President and President, Aerospace Segment

Shawn McLevige, effective October 1, 2025, serves as Executive Vice President and President of Woodward's Aerospace Segment. He has over two decades of aerospace leadership, innovation, and technical expertise, and has been with Woodward for 18 years, holding various leadership roles including Vice President and General Manager of Engine and Turbine Fluid Systems.

Randy Hobbs, Executive Vice President and President, Industrial Segment

Randy Hobbs is responsible for direct oversight of Woodward's industrial large and small engine systems within the Industrial segment.

AI Analysis | Feedback

The key risks to Woodward's business operations are primarily linked to the cyclical nature of its end markets and its dependence on original equipment manufacturers (OEMs).

  1. Cyclicality and Sensitivity to End-Market Conditions: Woodward's performance is highly exposed to the cyclical demands of both the aerospace and industrial sectors globally. The aerospace segment, which provides control solutions for commercial, private, and military aircraft, is sensitive to factors such as global economic conditions, air travel demand, airline profitability, and government defense spending. Similarly, the industrial segment, which offers control solutions for turbines, compressors, and engines, is influenced by global economic growth, energy prices, and capital expenditure decisions in power generation, oil & gas, and heavy industry sectors. Downturns or volatility in these key end markets can directly impact the demand for Woodward's products and services.
  2. Dependence on Original Equipment Manufacturers (OEMs): Woodward operates significantly as a supplier to Original Equipment Manufacturers in both its aerospace and industrial segments. Its financial performance is closely tied to the production volumes, program schedules, and overall financial health of these OEM customers. Delays in new program introductions, cancellations of existing programs, or reductions in production rates by OEMs can directly and negatively affect Woodward's revenue, order backlog, and profitability.

AI Analysis | Feedback

null

AI Analysis | Feedback

Woodward, Inc. (WWD) designs, manufactures, and services control solutions across the aerospace and industrial markets. The addressable markets for its main products and services are substantial and global in scope.

Aerospace Segment

Woodward's Aerospace segment provides critical components and systems such as fuel pumps, metering units, actuators, air valves, specialty valves, fuel nozzles, thrust reverser actuation systems, flight deck controls, servocontrols, motors, and sensors for various aircraft. It also offers aftermarket maintenance, repair, and overhaul (MRO) services. * Aircraft Fuel Systems Market: The global aircraft fuel system market was valued at approximately USD 10.6 billion in 2024 and is projected to reach USD 17.3 billion by 2034. Another estimate places the global market at USD 10.71 billion in 2025, expected to reach USD 20.54 billion by 2035. North America's market for aircraft fuel systems is anticipated to exceed USD 7 billion by 2034. * Aircraft Actuators Market: The global aircraft actuator market was valued at USD 12.9 billion in 2024 and is expected to grow to USD 18.8 billion by 2030. Another report indicates the global market size was USD 14.5 billion in 2021 and is projected to reach USD 24.1 billion by 2031. North America holds the largest share in the global aircraft actuator market. * Aerospace Flight Control Systems Market: The global aerospace flight control system market was estimated at USD 7.8 billion in 2024 and is expected to reach USD 11.2 billion by 2034. Other estimates show the global market at USD 8.87 billion in 2024, rising to USD 13.2 billion by 2035, or USD 21.6 billion in 2026, growing to USD 45.7 billion by 2033. The North American market is projected to account for an estimated 36% of the aircraft flight control system market share in 2026.

Industrial Segment

Woodward's Industrial segment provides actuators, valves, pumps, fuel injection systems, solenoids, ignition systems, speed controls, electronics and software, and sensors for industrial gas turbines, steam turbines, compressors, and reciprocating engines, along with aftermarket services. * Industrial Automation and Control Systems (IACS) Market: The global industrial automation and control systems market was valued at an estimated USD 226.76 billion in 2025 and is projected to reach USD 504.38 billion by 2033. Another source estimates the global market size at USD 228.88 billion in 2025, increasing to approximately USD 576.99 billion by 2034. The global industrial controls market was valued at USD 157.3 billion in 2024 and is projected to reach USD 321.6 billion by 2034. Asia Pacific held the largest revenue share in this market in 2025, with North America also holding a significant share. * Turbine Control Systems Market: The global turbine control system market was valued at USD 19.50 billion in 2024 and is projected to reach USD 25.17 billion by 2030. Another valuation places the global market at USD 20.61 billion in 2025, expected to grow to USD 30.55 billion by 2034. Furthermore, the global market for turbine control systems was USD 22.3 billion in 2024 and is estimated to reach USD 37.7 billion by 2034. In 2025, the Asia-Pacific region controlled 38.05% of this market. * Reciprocating Engine Market (including control systems): The global reciprocating engine market was estimated at USD 13.3 billion in 2024 and is projected to reach USD 17.95 billion by 2035. Another report values the global market at USD 64.04 billion in 2023, with a projection to reach USD 87.18 billion by 2031. North America held a significant share of approximately 32.37% of this market in 2023.

AI Analysis | Feedback

Woodward, Inc. (WWD) is anticipated to drive future revenue growth over the next two to three years through several key factors:

  1. Sustained Recovery and Growth in Commercial Aerospace: Woodward expects continued strong performance in both commercial aerospace original equipment manufacturing (OEM) and aftermarket services. This includes robust demand across narrow-body, wide-body, and regional aircraft platforms, with the company expanding its Maintenance, Repair, and Overhaul (MRO) capacity to meet this increasing need.
  2. Robust Demand Across Key Industrial Markets: The Industrial segment is projected to benefit from sustained growth in several areas, notably marine transportation (driven by healthy global marine markets and alternative fuel orders), power generation (fueled by increased investment in gas-powered generation and growing demand for data centers), and oil & gas markets (related to ongoing investments in refining and petrochemical activities).
  3. Successful Price Realization: Woodward has been effectively implementing price increases across its product and service portfolios, which is a direct contributor to revenue growth. The company anticipates an average price realization of 7% for the current fiscal year.
  4. Strategic Investments and Enhanced Product Content: The company's strategic investments are increasing output and capacity to meet strong customer demand. This also includes a focus on securing greater content for critical engine platforms within the aerospace sector, such as the LEAP and GTF engines.

AI Analysis | Feedback

Share Repurchases

  • Woodward completed a $600 million share repurchase program in November 2025, more than a year ahead of schedule.
  • A new $1.8 billion, three-year share repurchase authorization was approved in November 2025.
  • In fiscal year 2025, Woodward returned $238 million to stockholders through dividends and share repurchases.

Share Issuance

  • Woodward's shares outstanding for fiscal year 2025 were 0.061 billion, marking a 1% decline from 2024.
  • Shares outstanding for fiscal year 2024 were 0.062 billion, a 0.98% increase from 2023.
  • In fiscal year 2023, shares outstanding were 0.061 billion, reflecting a 2.8% decline from 2022.

Outbound Investments

  • Woodward completed the strategic acquisition of Safran's North American Electromechanical Actuation business in fiscal year 2025, enhancing its existing portfolio with Horizontal Stabilizer Trim Actuation technology and other complementary products.
  • The company entered into an agreement to acquire Valve Research & Manufacturing (VRM), a manufacturer of high-precision flow control valves for aerospace applications, with the transaction expected to close in the first half of 2026.

Capital Expenditures

  • Capital expenditures for fiscal year 2025 totaled $131 million.
  • Expected capital expenditures for fiscal year 2026 are approximately $290 million.
  • Approximately $130 million of the fiscal 2026 capital expenditures are allocated to building a new advanced manufacturing facility in Spartanburg, SC, to support A350 spoiler actuator production and future aerospace programs.

Better Bets vs. Woodward (WWD)

Latest Trefis Analyses

Trade Ideas

Select ideas related to WWD.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
NSP_3312026_Insider_Buying_45D_2Buy_200K03312026NSPInsperityInsiderInsider Buys 45DStrong Insider Buying
Companies with multiple insider buys in the last 45 days
0.0%0.0%0.0%
TNC_3312026_Insider_Buying_45D_2Buy_200K03312026TNCTennantInsiderInsider Buys 45DStrong Insider Buying
Companies with multiple insider buys in the last 45 days
0.0%0.0%0.0%
ADP_3272026_Dip_Buyer_FCFYield03272026ADPAutomatic Data ProcessingDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
1.0%1.0%0.0%
HURN_3272026_Dip_Buyer_FCFYield03272026HURNHuron ConsultingDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
4.0%4.0%0.0%
TRU_3272026_Dip_Buyer_FCFYield03272026TRUTransUnionDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
5.2%5.2%0.0%
WWD_3132026_Quality_Momentum_RoomToRun_10%03132026WWDWoodwardQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run
0.3%0.3%-4.3%
WWD_9302022_Insider_Buying_GTE_1Mil_EBITp+DE_V209302022WWDWoodwardInsiderInsider Buys | Low D/EStrong Insider Buying
Companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap
22.1%56.3%0.0%
WWD_10312020_Dip_Buyer_ValueBuy10312020WWDWoodwardDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
57.5%42.7%0.0%
WWD_4302020_Dip_Buyer_FCFYield04302020WWDWoodwardDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
29.6%107.4%-11.1%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

WWDHONPHETNRTXGEMedian
NameWoodward Honeywel.Parker H.Eaton RTX GE Aeros. 
Mkt Price380.28222.22972.69409.70187.17286.73333.50
Mkt Cap22.8141.1122.8159.1252.3299.9150.1
Rev LTM3,79137,44220,46127,44890,37348,31232,445
Op Inc LTM5496,5674,2935,2109,8208,9995,888
FCF LTM4105,4223,3393,5537,9717,4554,488
FCF 3Y Avg3355,0823,1653,3136,2795,7734,198
CFO LTM5516,4083,7414,47211,1178,8515,440
CFO 3Y Avg4435,9483,5694,1419,4426,8395,045

Growth & Margins

WWDHONPHETNRTXGEMedian
NameWoodward Honeywel.Parker H.Eaton RTX GE Aeros. 
Rev Chg LTM14.5%7.8%2.8%10.3%10.6%21.8%10.4%
Rev Chg 3Y Avg15.7%2.0%6.2%9.8%9.7%16.1%9.8%
Rev Chg Q29.0%8.8%9.1%13.1%8.7%24.7%11.1%
QoQ Delta Rev Chg LTM6.3%1.5%2.2%3.1%2.0%5.4%2.6%
Op Inc Chg LTM30.9%-1.5%9.5%12.5%46.5%20.4%16.4%
Op Inc Chg 3Y Avg40.9%0.9%16.9%20.5%29.1%23.6%22.1%
Op Mgn LTM14.5%17.5%21.0%19.0%10.9%18.6%18.1%
Op Mgn 3Y Avg12.7%18.4%19.7%18.1%8.1%17.1%17.6%
QoQ Delta Op Mgn LTM1.0%-0.6%0.3%0.0%0.4%-0.3%0.2%
CFO/Rev LTM14.5%17.1%18.3%16.3%12.3%18.3%16.7%
CFO/Rev 3Y Avg12.9%17.0%17.8%16.4%11.7%16.4%16.4%
FCF/Rev LTM10.8%14.5%16.3%12.9%8.8%15.4%13.7%
FCF/Rev 3Y Avg9.8%14.5%15.8%13.1%7.7%13.8%13.5%

Valuation

WWDHONPHETNRTXGEMedian
NameWoodward Honeywel.Parker H.Eaton RTX GE Aeros. 
Mkt Cap22.8141.1122.8159.1252.3299.9150.1
P/S6.03.86.05.82.86.25.9
P/Op Inc41.521.528.630.525.733.329.6
P/EBIT36.020.726.830.822.927.327.1
P/E46.629.834.738.934.834.834.8
P/CFO41.322.032.835.622.733.933.3
Total Yield2.4%5.5%3.6%2.8%4.3%2.9%3.2%
Dividend Yield0.3%2.1%0.7%0.2%1.4%0.0%0.5%
FCF Yield 3Y Avg2.9%3.8%4.0%2.8%3.5%2.7%3.2%
D/E0.00.30.10.10.20.10.1
Net D/E0.00.20.10.10.10.00.1

Returns

WWDHONPHETNRTXGEMedian
NameWoodward Honeywel.Parker H.Eaton RTX GE Aeros. 
1M Rtn7.6%0.3%8.8%14.8%-5.5%-0.0%4.0%
3M Rtn16.0%3.8%4.8%21.7%-4.4%-8.1%4.3%
6M Rtn49.9%14.0%28.9%10.3%9.0%-6.2%12.1%
12M Rtn131.2%23.9%79.4%59.8%50.9%61.6%60.7%
3Y Rtn311.2%28.2%213.8%162.1%95.4%266.8%188.0%
1M Excs Rtn-0.9%-8.2%0.2%6.3%-14.1%-8.6%-4.6%
3M Excs Rtn12.0%-0.1%0.9%17.8%-8.3%-12.0%0.4%
6M Excs Rtn47.9%11.4%27.1%4.4%13.4%-10.2%12.4%
12M Excs Rtn92.1%-11.3%41.3%20.8%13.9%24.8%22.8%
3Y Excs Rtn246.6%-42.9%144.7%93.1%25.8%211.7%118.9%

FDA Approved Drugs Data

Expand for More
Post-Approval Fwd Returns
FDA
App #
Brand
Name
Generic
Name
Dosage
Form
FDA
Approval
3M
Rtn
6M
Rtn
1Y
Rtn
2Y
Rtn
Total
Rtn
ANDA209708  MIVACURIUM CHLORIDEmivacurium chloridesolution10122021-0.8%1.3%-26.7%15.3%254.3%
ANDA077909  FLUCONAZOLE IN SODIUM CHLORIDE 0.9% IN PLASTIC CONTAINERfluconazoleinjectable5262010-4.7%23.3%25.0%41.8%1,492.9%
ANDA077988  FLUCONAZOLE IN DEXTROSE 5% IN PLASTIC CONTAINERfluconazoleinjectable5262010-4.7%23.3%25.0%41.8%1,492.9%

Financials

Segment Financials

Assets by Segment
$ Mil20252024202320222021
Aerospace1,9371,8291,7741,6991,753
Industrial1,5091,4901,3801,4531,529
Other unallocated assets802585540833515
Unallocated corporate property, plant and equipment, net121105112106106
Total4,3694,0103,8064,0913,903


Price Behavior

Price Behavior
Market Price$380.28 
Market Cap ($ Bil)22.8 
First Trading Date05/30/1996 
Distance from 52W High-5.7% 
   50 Days200 Days
DMA Price$380.30$300.39
DMA Trendupup
Distance from DMA-0.0%26.6%
 3M1YR
Volatility47.3%34.3%
Downside Capture0.220.34
Upside Capture186.78155.06
Correlation (SPY)34.6%40.7%
WWD Betas & Captures as of 3/31/2026

 1M2M3M6M1Y3Y
Beta2.341.481.401.401.181.03
Up Beta0.310.771.121.351.031.03
Down Beta2.802.001.250.921.371.12
Up Capture294%246%252%285%195%164%
Bmk +ve Days7162765139424
Stock +ve Days11213166139407
Down Capture188%75%94%111%96%94%
Bmk -ve Days12233358110323
Stock -ve Days11213260113344

[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 WWD
WWD126.5%34.4%2.42-
Sector ETF (XLI)38.5%15.4%1.9160.9%
Equity (SPY)23.7%12.7%1.5243.5%
Gold (GLD)41.4%27.5%1.2519.6%
Commodities (DBC)22.4%16.2%1.2512.1%
Real Estate (VNQ)14.2%13.8%0.7222.7%
Bitcoin (BTCUSD)-10.4%42.7%-0.149.6%

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 WWD
WWD26.3%31.8%0.78-
Sector ETF (XLI)12.9%17.3%0.5963.6%
Equity (SPY)10.8%17.1%0.4954.8%
Gold (GLD)21.6%17.8%0.9915.9%
Commodities (DBC)10.9%18.8%0.4719.9%
Real Estate (VNQ)4.1%18.8%0.1241.4%
Bitcoin (BTCUSD)3.8%56.4%0.2918.4%

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 WWD
WWD22.8%35.2%0.68-
Sector ETF (XLI)14.0%19.9%0.6272.1%
Equity (SPY)13.9%17.9%0.6761.2%
Gold (GLD)13.7%15.9%0.717.6%
Commodities (DBC)8.2%17.6%0.3928.7%
Real Estate (VNQ)5.4%20.7%0.2353.4%
Bitcoin (BTCUSD)68.0%66.9%1.0714.1%

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

Short Interest

Short Interest: As Of Date3312026
Short Interest: Shares Quantity0.7 Mil
Short Interest: % Change Since 315202613.7%
Average Daily Volume0.6 Mil
Days-to-Cover Short Interest1.1 days
Basic Shares Quantity59.8 Mil
Short % of Basic Shares1.1%

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
2/2/202613.4%20.0%17.7%
11/24/202512.4%11.7%17.6%
7/28/20251.4%0.5%-2.3%
4/28/20251.9%8.0%19.4%
2/3/2025-1.8%2.8%-2.5%
11/25/20244.5%1.0%-4.2%
7/29/2024-17.2%-16.6%-9.2%
4/29/20247.5%14.6%21.2%
...
SUMMARY STATS   
# Positive111613
# Negative13811
Median Positive4.5%4.9%9.1%
Median Negative-1.8%-6.2%-7.4%
Max Positive15.4%20.0%37.5%
Max Negative-17.2%-16.6%-10.2%

SEC Filings

Expand for More
Report DateFiling DateFiling
12/31/202502/04/202610-Q
09/30/202511/25/202510-K
06/30/202508/01/202510-Q
03/31/202505/01/202510-Q
12/31/202402/04/202510-Q
09/30/202411/26/202410-K
06/30/202408/02/202410-Q
03/31/202405/03/202410-Q
12/31/202302/02/202410-Q
09/30/202311/17/202310-K
06/30/202308/04/202310-Q
03/31/202305/05/202310-Q
12/31/202202/03/202310-Q
09/30/202211/18/202210-K
06/30/202208/05/202210-Q
03/31/202205/06/202210-Q

Recent Forward Guidance [BETA]

Latest: Q1 2026 Earnings Reported 2/2/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 Revenue Growth14.0%16.0%18.0%68.4% RaisedGuidance: 9.5% for 2026
2026 EPS8.28.48.68.4% RaisedGuidance: 7.75 for 2026
2026 Free Cash Flow300.00 Mil325.00 Mil350.00 Mil0 AffirmedGuidance: 325.00 Mil for 2026
2026 Capital Expenditures 290.00 Mil 0 AffirmedGuidance: 290.00 Mil for 2026
2026 Aerospace Sales Growth15.0%17.5%20.0%45.8% RaisedGuidance: 12.0% for 2026
2026 Industrial Sales Growth11.0%12.5%14.0%78.6% RaisedGuidance: 7.0% for 2026
2026 Industrial Segment earnings (% of sales)0.160.170.1710.0%1.5%RaisedGuidance: 0.15 for 2026

Prior: Q4 2025 Earnings Reported 11/24/2025

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 Revenue Growth7.0%9.5%12.0%  Higher New
2026 EPS7.57.75817.0% Higher NewActual: 6.62 for 2025
2026 Free Cash Flow300.00 Mil325.00 Mil350.00 Mil-2.2% Lower NewActual: 332.50 Mil for 2025
2026 Aerospace Sales Growth9.0%12.0%15.0%00Same NewActual: 12.0% for 2025
2026 Aerospace Segment Earnings (% of Sales)0.220.230.235.9%1.2%Higher NewActual: 0.21 for 2025
2026 Industrial Sales Growth5.0%7.0%9.0%-216.7%13.0%Higher NewActual: -6.0% for 2025
2026 Industrial Segment Earnings (% of Sales)0.140.150.153.4%0.5%Higher NewActual: 0.14 for 2025

Insider Activity

Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Cromwell, Thomas GEVP and COODirectSell12162025297.885,0001,489,4004,508,414Form
2Cromwell, Thomas GEVP and COODirectSell12102025303.615,0001,518,0504,595,137Form
3Cromwell, Thomas GEVP and COODirectSell12102025287.155,0001,435,7504,346,015Form
4Sengstack, Gregg C DirectSell12052025300.767,0002,105,3022,890,279Form
5Cromwell, Thomas GEVP and COODirectSell12052025298.495,0001,492,4504,517,646Form