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    Curtiss-Wright Corp (CW)

    Financials

    Updated May 8, 2025, 8:12 PM UTC
    Income Statement - MetricFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Product Sales (USD, thousands)667,879.002,389,711595,704661,407.00684,216.00698,626.002,639,953678,977
    Service Sales (USD, thousands)117,912.00455,662117,463123,384.00114,702.00125,687.00481,236126,668
    Total Net Sales (USD, thousands)785,791.002,845,373713,167784,791.00798,918.00824,313.003,121,189805,645
    Cost of Product Sales (USD, thousands)414,011.001,507,480389,477428,926.00434,370.00437,801.001,690,574442,090
    Cost of Service Sales (USD, thousands)67,051.00270,71569,93571,764.0066,285.0069,082.00277,06671,091
    Total Cost of Sales (USD, thousands)481,062.001,778,195459,412500,690.00500,655.00506,883.001,967,640513,181
    Gross Profit (USD, thousands)304,729.001,067,178253,755284,101.00298,263.00317,430.001,153,549292,464
    Research and Development Expenses (USD, thousands)20,066.0085,76422,98022,152.0020,734.0025,781.0091,64723,019
    Selling Expenses (USD, thousands)36,306.00137,08836,76535,126.0037,311.0036,158.00145,36039,925
    General and Administrative Expenses (USD, thousands)87,664.00359,72494,04995,008.0092,035.0092,405.00373,49799,029
    Restructuring Expenses (USD, thousands)----8,250.0014,4481,286
    Operating Income (USD, thousands)160,693.00484,60299,961128,897.00144,903.00528,597129,205
    Interest Expense (USD, thousands)10,961.0051,39310,57011,216.0011,408.0011,675.0044,86910,143
    Other Income, Net (USD, thousands)7,117.0029,8619,6088,560.0010,126.0010,034.0038,3286,030
    Earnings Before Income Taxes (USD, thousands)156,849.00463,07098,999126,241.00143,621.00153,195.00522,056125,092
    Provision for Income Taxes (USD, thousands)(36,963.00)(108,561)(22,504)(26,770.00)(32,461.00)(35,343.00)(117,078)(23,755)
    Net Earnings (USD, thousands)119,886.00354,50999,471.00111,160.00117,852.00404,978101,337
    Balance Sheet - MetricFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Cash and cash equivalents (USD, thousands)406,867406,867382,564443,850385,042385,042226,459
    Receivables, net (USD, thousands)732,678732,678776,662817,135857,614835,037835,037911,313
    Inventories, net (USD, thousands)510,033510,033553,037559,142582,584541,442541,442578,103
    Other current assets (USD, thousands)67,50267,50269,48377,03968,03588,07388,07384,137
    Total current assets (USD, thousands)1,717,0801,717,0801,737,2161,835,8801,952,0831,849,5941,849,5941,800,012
    Property, plant, and equipment, net (USD, thousands)332,796332,796329,347326,969330,292339,118339,118349,837
    Goodwill (USD, thousands)1,558,8261,558,8261,552,3431,571,0041,583,4481,675,7181,675,7181,673,608
    Other intangible assets, net (USD, thousands)557,612557,612542,335545,448532,397596,831596,831583,115
    Operating lease right-of-use assets, net (USD, thousands)141,435141,435133,846146,956156,613169,350169,350183,784
    Prepaid pension asset (USD, thousands)261,869261,869267,334272,857279,212299,130299,130306,343
    Other assets (USD, thousands)51,35151,35149,66149,08051,69355,96355,96355,092
    Total assets (USD, thousands)4,620,9694,620,9694,612,0824,748,1944,885,7384,985,7044,985,7044,951,791
    Current portion of long-term and short-term debt (USD, thousands)--90,00090,00090,00090,000—
    Accounts payable (USD, thousands)243,833243,833233,818224,778222,542247,185247,185237,706
    Accrued expenses (USD, thousands)188,039188,039158,089158,505194,414219,054219,054180,795
    Deferred revenue (USD, thousands)303,872303,872297,545341,601392,330459,421459,421448,012
    Other current liabilities (USD, thousands)70,80070,80078,82381,63287,36980,28880,28887,403
    Total current liabilities (USD, thousands)806,544806,544858,275896,516986,6551,095,948953,916
    Long-term debt (USD, thousands)1,050,3621,050,362959,655959,302958,949958,949958,629
    Deferred tax liabilities (USD, thousands)132,319132,319128,000128,277124,186140,659140,659139,439
    Accrued pension and other postretirement benefit costs (USD, thousands)66,87566,87567,44667,65068,15967,41367,41368,173
    Long-term operating lease liability (USD, thousands)118,611118,611111,981123,586134,866148,175148,175161,768
    Other liabilities (USD, thousands)105,061105,06192,75399,933107,490124,761124,761110,719
    Total liabilities (USD, thousands)2,292,5562,292,5562,231,9032,289,7742,395,3192,535,9052,535,9052,392,644
    Common stock (USD, thousands)49,18749,18749,18749,18749,18749,18749,18749,187
    Additional paid in capital (USD, thousands)140,182140,182133,166135,574144,394147,940147,940145,217
    Retained earnings (USD, thousands)3,487,7513,487,7513,556,5723,648,0053,751,1833,861,0733,861,0733,954,481
    Accumulated other comprehensive loss (USD, thousands)(213,223)(213,223)(228,255)(233,488)(203,428)(243,225)(243,225)(224,287)
    Common treasury stock, at cost (USD, thousands)(1,135,484)(1,135,484)(1,130,491)(1,140,858)(1,250,917)(1,365,176)(1,365,176)(1,365,451)
    Total stockholders' equity (USD, thousands)2,328,4132,328,4132,380,1792,458,4202,490,4192,449,7992,449,7992,559,147
    Total liabilities and stockholders' equity (USD, thousands)4,620,9694,620,9694,612,0824,748,1944,885,7384,985,7044,985,7044,951,791
    Cash Flow - MetricFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Net Earnings (USD, thousands)119,886.00354,50976,49599,471.00111,160.00117,852.00404,978101,337
    Depreciation and Amortization (USD, thousands)29,336.00116,17226,98327,168.0026,693.0026,823.00107,66730,821
    Loss on Sale/Disposal of Long-lived Assets (USD, thousands)--2,1936,323.0042,641.00--229
    Share-Based Compensation (USD, thousands)3,590.0016,8034,6954,771.005,698.003,724.0018,8885,271
    Non-Cash Restructuring Charges (USD, thousands)----1,655.001,225.004,274281
    Net Cash Used for Operating Activities (USD, thousands)--(45,633)----(38,765)
    Proceeds from Sale/Disposal of Long-lived Assets (USD, thousands)8,683.009,14741,22494,249.00(134,267.00)2,000.003,206499
    Additions to Property, Plant, and Equipment (USD, thousands)(12,629.00)(44,666)(12,055)(11,064.00)(14,584.00)(23,271.00)(60,974)(15,773)
    Additional Consideration Paid on Prior Year Acquisitions (USD, thousands)-------(9,619)
    Net Cash Used For Investing Activities (USD, thousands)(3,946.00)(35,519)(12,014)(44,726.00)(13,513.00)(213,056.00)(283,309)(24,893)
    Borrowings Under Revolving Credit Facilities (USD, thousands)51,886.00638,1164,8794,014.007,722.004,694.0021,30978,067
    Payment of Revolving Credit Facilities (USD, thousands)(51,886.00)(638,116)(4,879)(4,014.00)(7,722.00)(4,694.00)(21,309)(78,067)
    Principal Payments on Debt (USD, thousands)0.00(202,500)-----(90,000)
    Repurchases of Common Stock (USD, thousands)--(12,190)(12,606.00)(112,784.00)--(14,250)
    Proceeds from Share-Based Compensation Plans (USD, thousands)1.0010,5845,4720.005,873.000.0011,3455,981
    Other Financing Activities, Net (USD, thousands)(284.00)(1,097)(288)(291.00)(297.00)(306.00)(1,182)(309)
    Net Cash Provided by (Used for) Financing Activities (USD, thousands)(28,357.00)(273,403)(7,006)(20,562.00)(115,250.00)(128,675.00)(271,493)(98,578)
    Effect of Exchange-Rate Changes on Cash (USD, thousands)7,989.0010,726(4,180)(1,517.00)12,775.00(18,376.00)(11,298)3,653
    Net Increase (Decrease) in Cash and Cash Equivalents (USD, thousands)258,058.00149,893(68,833)44,530.0061,286.00(58,808.00)(21,825)(158,583)
    Deferred Income Taxes (USD, thousands)9,300.002,908(2,742)(5,081.00)(5,146.00)1,147.00(11,822)(2,303)
    Cash and Cash Equivalents at Beginning of Year (USD, thousands)256,974256,974406,867406,867406,867406,867406,867385,042
    Cash and Cash Equivalents at End of Period (USD, thousands)406,867406,867338,034382,564443,850385,042385,042226,459
    Revenue by Segment - in Millions of USDFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023Q3 2023Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    Aerospace & Industrial240.7889.7219.3233.591229.0250.11933.2227.44
    - Product Sales--------
    - Service Sales--------
    Defense Electronics242.3818.5211.7229.210243.0227.09914.4245.72
    Naval & Power308.21,142.6282.1323.206327.2345.491,278.9333.36
    Total Revenue785.82,845.4713.2784.791798.9824.113,121.2805.65
    Revenue by Geography - in Millions of USDFY 2013Q1 2014Q2 2014Q3 2014Q4 2014FY 2014Q1 2015Q2 2015Q3 2015Q4 2015FY 2015Q1 2016Q2 2016Q3 2016Q4 2016FY 2016Q1 2017Q2 2017Q3 2017 [N/A]Q4 2017FY 2017Q1 2018Q2 2018Q3 2018Q4 2018FY 2018Q1 2019Q2 2019Q3 2019 [N/A]Q4 2019FY 2019Q1 2020Q2 2020Q3 2020Q4 2020FY 2020Q1 2021Q2 2021Q3 2021Q4 2021FY 2021Q1 2022Q2 2022Q3 2022Q4 2022FY 2022Q1 2023Q2 2023 [N/A]Q3 2023 [N/A]Q4 2023FY 2023Q1 2024Q2 2024Q3 2024Q4 2024FY 2024Q1 2025
    United States-2,061.0----2,287.3-
    United Kingdom-115.1----134.6-
    Canada--------
    Other Foreign Countries-669.3----699.3-
    Total Revenue-2,845.4----3,121.2805.645