TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 805.6M
Gross Profit 292.5M 36.30%
Operating Income 130.5M 16.20%
Net Income 101.3M 12.58%
EPS (Diluted) $2.68

Balance Sheet Metrics

Total Assets 5.0B
Total Liabilities 2.4B
Shareholders Equity 2.6B
Debt to Equity 0.93

Cash Flow Metrics

Operating Cash Flow -3.0M
Free Cash Flow -54.5M

Revenue & Profitability Trend

Curtiss-Wright Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue i3.1B2.8B2.6B2.5B2.4B
Cost of Goods Sold i2.0B1.8B1.6B1.6B1.6B
Gross Profit i1.2B1.1B954.6M927.8M841.2M
Gross Margin % i37.0%37.5%37.3%37.1%35.2%
Operating Expenses
Research & Development i91.6M85.8M80.8M88.5M74.8M
Selling, General & Administrative i518.9M496.8M445.7M443.1M412.8M
Other Operating Expenses i-----
Total Operating Expenses i610.5M582.6M526.5M531.6M487.6M
Operating Income i543.0M484.6M428.1M396.2M353.6M
Operating Margin % i17.4%17.0%16.7%15.8%14.8%
Non-Operating Items
Interest Income i-----
Interest Expense i44.9M51.4M47.0M40.2M35.5M
Other Non-Operating Income23.9M29.9M8.1M-7.0M-55.0M
Pre-tax Income i522.1M463.1M389.2M349.0M263.1M
Income Tax i117.1M108.6M94.8M86.1M61.7M
Effective Tax Rate % i22.4%23.4%24.4%24.7%23.4%
Net Income i405.0M354.5M294.3M262.8M201.4M
Net Margin % i13.0%12.5%11.5%10.5%8.4%
Key Metrics
EBITDA i689.0M630.6M552.9M522.7M479.2M
EPS (Basic) i$10.61$9.20$7.67$6.61$4.83
EPS (Diluted) i$10.55$0.79$7.62$6.58$4.80
Basic Shares Outstanding i3815300038283000383860004041700041738000
Diluted Shares Outstanding i3815300038283000383860004041700041738000

Income Statement Trend

Curtiss-Wright Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i385.0M406.9M257.0M171.0M198.2M
Short-term Investments i-----
Accounts Receivable i479.8M427.8M412.7M362.0M361.5M
Inventory i541.4M510.0M483.1M411.6M428.9M
Other Current Assets88.1M67.5M52.6M67.1M57.4M
Total Current Assets i1.8B1.7B1.5B1.3B1.3B
Non-Current Assets
Property, Plant & Equipment i169.4M141.4M153.9M143.6M150.9M
Goodwill i3.9B3.7B3.7B3.5B3.5B
Intangible Assets i596.8M557.6M620.9M538.1M609.6M
Long-term Investments-----
Other Non-Current Assets56.0M51.4M47.6M34.6M34.1M
Total Non-Current Assets i3.1B2.9B2.9B2.8B2.7B
Total Assets i5.0B4.6B4.4B4.1B4.0B
Liabilities
Current Liabilities
Accounts Payable i247.2M243.8M266.5M211.6M201.2M
Short-term Debt i119.8M30.6M232.4M25.4M127.3M
Current Portion of Long-term Debt-----
Other Current Liabilities31.7M20.0M19.7M51.7M47.8M
Total Current Liabilities i1.1B806.5M981.0M734.9M810.4M
Non-Current Liabilities
Long-term Debt i1.1B1.2B1.2B1.2B1.1B
Deferred Tax Liabilities i140.7M132.3M123.0M147.3M115.0M
Other Non-Current Liabilities124.8M105.1M108.0M112.1M103.2M
Total Non-Current Liabilities i1.4B1.5B1.5B1.5B1.4B
Total Liabilities i2.5B2.3B2.5B2.3B2.2B
Equity
Common Stock i49.2M49.2M49.2M49.2M49.2M
Retained Earnings i3.9B3.5B3.2B2.9B2.7B
Treasury Stock i1.4B1.1B1.1B1.1B743.6M
Other Equity-----
Total Shareholders Equity i2.4B2.3B2.0B1.8B1.8B
Key Metrics
Total Debt i1.2B1.2B1.4B1.2B1.2B
Working Capital i753.6M910.5M535.0M572.9M490.4M

Balance Sheet Composition

Curtiss-Wright Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i405.0M354.5M294.3M262.8M201.4M
Depreciation & Amortization i107.7M116.2M112.0M114.4M115.9M
Stock-Based Compensation i18.9M16.8M15.4M13.4M14.4M
Working Capital Changes i4.3M-51.0M-145.8M-29.0M-113.8M
Operating Cash Flow i528.3M439.4M249.2M347.8M218.8M
Investing Activities
Capital Expenditures i-57.8M-35.5M-28.4M-37.1M-44.6M
Acquisitions i-225.5M0-287.5M-5.3M-487.9M
Investment Purchases i00-10.0M0-
Investment Sales i-----
Investing Cash Flow i-283.3M-35.5M-325.9M-42.4M-532.5M
Financing Activities
Share Repurchases i-250.0M-50.1M-56.9M-343.1M-200.0M
Dividends Paid i-31.7M-30.2M-28.8M-28.7M-28.2M
Debt Issuance i21.3M0300.0M0300.0M
Debt Repayment i-21.3M-840.6M-1.8B-462.0M-570.7M
Financing Cash Flow i-282.8M-922.1M-1.7B-740.9M-499.7M
Free Cash Flow i483.3M403.4M256.6M346.6M213.7M
Net Change in Cash i-37.9M-518.2M-1.7B-435.5M-813.5M

Cash Flow Trend

Curtiss-Wright Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 42.92
Forward P/E 43.03
Price to Book 7.07
Price to Sales 5.80
PEG Ratio 1.83

Profitability Ratios

Profit Margin 13.66%
Operating Margin 18.88%
Return on Equity 17.46%
Return on Assets 7.95%

Financial Health

Current Ratio 1.95
Debt to Equity 41.65
Beta 1.15

Per Share Data

EPS (TTM) $11.86
Book Value per Share $71.98
Revenue per Share $87.31

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
cw19.2B42.927.0717.46%13.66%41.65
General Electric 298.7B40.1715.6039.57%18.64%103.37
RTX 208.6B34.253.3410.32%7.35%67.86
Boeing 163.3B-11.76-43.51303.40%-14.18%-16.88
Lockheed Martin 110.0B26.4520.5073.06%5.85%405.66
General Dynamics 87.7B21.873.7217.92%8.13%45.03

Financial data is updated regularly. All figures are in the company's reporting currency.