CW Financials Curtiss Wright Corp

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Aug 9, 2026, 10:13 UTC Overview →

Growth & profitability

Revenue has grown 8.8% per year over the past 5 years.
Net income has grown faster than revenue (19.2% vs 8.8% per year).
Free cash flow has grown 21.0% per year over the past 5 years.

Financial health

Total debt ($958M) exceeds cash ($371M); net debt is $587M.
Total debt has grown slower than revenue (-2.0% vs 8.8% per year).
Operating income covered interest expense 15× in the latest year.
Total debt is 1.3× EBITDA.

Shareholder returns

Dividends have been paid for 15 consecutive years, consuming 7.2% of earnings and 6.3% of free cash flow.
The dividend has grown 4.3% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$3.5B	$484M	37.2%	18.1%	19.1%	9.3%	$554M	$958M	$371M
2024	$3.1B	$405M	37.0%	16.9%	16.5%	8.1%	$483M	$1.0B	$385M
2023	$2.8B	$355M	37.5%	17.0%	15.2%	7.7%	$403M	$1.1B	$407M
2022	$2.6B	$294M	37.3%	16.6%	14.9%	6.6%	$257M	$1.3B	$257M
2021	$2.5B	$263M	37.1%	15.1%	14.4%	6.4%	$347M	$1.1B	$171M
2020	—	$201M	—	—	11.3%	5.0%	$214M	$1.1B	$198M
2019	—	$308M	—	—	17.3%	8.2%	$352M	$761M	$391M
2018	—	$276M	—	—	18.0%	8.5%	$283M	$763M	—
2017	—	$215M	—	—	14.1%	6.6%	$336M	$814M	—
2016	—	$187M	—	—	14.5%	6.2%	$376M	$966M	—
2015	—	$145M	—	—	11.6%	4.9%	$127M	$953M	—
2014	—	$113M	—	—	7.7%	3.4%	$265M	$954M	—
2013	—	$138M	—	—	8.9%	4.0%	$166M	$960M	—
2012	—	$114M	—	—	8.7%	3.7%	$70M	$880M	—
2011	—	$126M	—	—	10.5%	4.8%	$118M	$586M	—

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Jun '26	$924M	$151M	39.4%	19.3%	5.5%	2.8%	$152M	$957M	$477M
Mar '26	$914M	$128M	36.3%	17.5%	4.9%	2.4%	-$17M	$958M	$343M
Dec '25	$947M	$137M	37.5%	19.2%	5.4%	2.6%	$315M	$958M	$371M
Sep '25	$869M	$125M	37.7%	19.1%	4.9%	2.4%	$176M	$969M	$225M
Jun '25	$877M	$121M	37.2%	17.8%	4.5%	2.3%	$117M	$958M	$332M
Mar '25	$806M	$101M	36.3%	16.0%	4.0%	2.0%	-$55M	$959M	$226M
Dec '24	$824M	$118M	38.5%	18.8%	4.8%	2.4%	$278M	$1.0B	$385M
Sep '24	$799M	$111M	37.3%	18.1%	4.5%	2.3%	$163M	$1.0B	$444M
Jun '24	$785M	$99M	36.2%	16.4%	4.0%	2.1%	$100M	$1.0B	$383M
Mar '24	$713M	$76M	35.6%	14.0%	3.2%	1.7%	-$58M	$1.1B	$338M
Dec '23	$786M	$120M	38.8%	20.4%	5.1%	2.6%	$270M	$1.1B	$407M
Sep '23	$724M	$97M	38.9%	18.3%	4.4%	2.2%	$137M	$1.1B	$149M
Jun '23	$704M	$81M	36.9%	16.0%	3.8%	1.8%	$99M	$1.2B	$159M
Mar '23	$631M	$57M	35.1%	12.5%	2.8%	1.3%	-$102M	$1.2B	$131M
Dec '22	$758M	$109M	38.6%	20.8%	5.5%	2.5%	$283M	$1.3B	$257M
Sep '22	$631M	$74M	36.8%	17.1%	3.9%	1.7%	$86M	$1.3B	$114M
Jun '22	$609M	$71M	37.5%	16.1%	3.8%	1.6%	$22M	$1.2B	$171M
Mar '22	$559M	$41M	36.0%	10.8%	2.2%	1.0%	-$135M	$1.2B	$137M
Dec '21	—	$77M	—	—	4.2%	1.9%	$219M	$1.1B	$171M
Sep '21	$621M	$70M	38.2%	15.7%	3.7%	1.7%	$97M	$1.1B	$234M

Valuation over time

How the market has priced CW against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 22.1× (Mar '23) to 38.0× (Nov '26).
The price-to-sales ratio has risen from 2.5× (Mar '23) to 5.3× (Nov '26).
The dividend yield has fallen from 0.4% (Mar '23) to 0.2% (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is CW growing its revenue and profit?

Over the past 5 years, Curtiss Wright Corp's revenue has grown 8.8% per year, and net income grown 19.2% per year. These are computed facts, not advice.

How much debt does CW have?

As of FY2025, Curtiss Wright Corp reported $958M of total debt against $371M of cash; operating income covered interest expense 15×.

What is CW's profit margin?

In FY2025, gross margin was 37.2%, operating margin 18.1%, and net margin 13.8%.

What is CW's P/E ratio?

Curtiss Wright Corp's P/E (TTM) is 34.00 as of the 2026-11-03 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the CW stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 38.0× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.