Woodward, Inc.

NasdaqGS:WWD Stock Report

Market Cap: US$21.6b

Woodward Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Chip Blankenship

Chief executive officer

US$10.5m

Total compensation

CEO salary percentage11.24%
CEO tenure4yrs
CEO ownership0.06%
Management average tenure2.7yrs
Board average tenure5.3yrs

Recent management updates

Recent updates

Revenue Beat: Woodward, Inc. Beat Analyst Estimates By 8.2%

May 02
Revenue Beat: Woodward, Inc. Beat Analyst Estimates By 8.2%

WWD: Raised Guidance And Buybacks Will Test Elevated Margin Expectations

The analyst price target for Woodward has been raised from $390 to about $392.90, as analysts factor in updated assumptions for revenue growth, margins and future P/E multiples following a series of bullish initiations and target hikes across major research firms. Analyst Commentary Recent research coverage on Woodward has largely focused on revisiting valuation frameworks, resetting price targets and clarifying expectations for revenue growth, margins and future P/E multiples.

WWD: Aerospace Demand And 2026 Outlook Will Support Further Upside

Analysts have nudged their average price target on Woodward slightly higher to about $421, indicating modestly higher fair value estimates supported by updated assumptions for revenue, profit margins, and longer term sector demand that are reflected in recent price target increases from multiple firms. Analyst Commentary Recent research updates on Woodward center on refreshed price targets and reiteration of positive views on the Aerospace & Defense setup, with most commentary focused on how sector demand assumptions and valuation tie together.

Woodward Risks Flying Too Close To The Sun (Rating Downgrade)

Apr 02

WWD: Aero And Defense Demand Will Support Stronger Earnings Power Ahead

Narrative Update The analyst price target for Woodward has shifted from $405 to $450, with analysts pointing to updated assumptions for discount rate, revenue growth, profit margin, and future P/E, supported by a series of recent target increases across major research firms. Analyst Commentary Recent research on Woodward has centered on a cluster of price target revisions, with bullish analysts citing updated assumptions for discount rates, revenue trajectories, profit margins, and future P/E multiples.

WWD: Raised Outlook And Buybacks Will Support Aerospace Upside Through 2026

Woodward's analyst fair value target has shifted from $413.00 to $417.75 as analysts reflect updated assumptions for revenue growth, profit margins, discount rates, and future P/E multiples following a series of recent price target increases across major research firms. Analyst Commentary Recent price target changes cluster into a series of upward revisions, with bullish analysts adjusting their models as they revisit assumptions for Woodward's growth outlook, margin profile, and valuation multiples.

WWD: Aero Demand And Pricing Support Will Test Elevated Margin Assumptions

Our analyst price target for Woodward has been raised by $100 to $390, as analysts factor in higher modeled revenue growth, a slightly lower discount rate, and a richer future P/E multiple following a series of target increases from firms that cite solid aerospace demand trends and supportive long term outlooks. Analyst Commentary Recent Street research on Woodward clusters around a series of price target increases tied to aerospace demand trends, aircraft production, and aftermarket activity.

WWD: Raised Outlook And Capital Returns Will Support Measured Upside Through 2026

Narrative Update on Woodward The analyst fair value estimate for Woodward has shifted from $317.13 to $413.00. Analysts point to a higher assumed future P/E multiple and supportive recent research updates from firms raising their price targets as key drivers behind the change.

WWD: Aero Pricing And Aftermarket Demand Will Support Stronger Earnings Ahead

Analysts have raised their price target on Woodward from $360.00 to $405.00, citing updated assumptions related to revenue growth, profit margins, and a higher future P/E multiple that align with recent target increases from several major firms. Analyst Commentary Bullish analysts have been steadily lifting their price targets on Woodward, pointing to updated assumptions around revenue, margins, and valuation multiples that they view as better aligned with the company’s recent execution and outlook.

WWD: Elevated Aero Pricing Reliance Will Pressure Overvalued Margin Outlook

Analysts have lifted their price target for Woodward to US$366 from US$305, citing stronger confidence in aircraft production, sustained aftermarket demand, and management's supportive margin outlook in aerospace. Analyst Commentary Recent research points to growing confidence in Woodward's aerospace margin outlook and pricing power, particularly after the company reported Q4 results that were described as beating expectations and an FY26 outlook that aligned with prior views on revenue and profitability.

WWD: Aero Margins And Pricing Power Will Shape Fairly Valued Outlook

Analysts have raised their price target on Woodward shares from $203.16 to $290.00 per share, citing stronger than expected earnings, a constructive multi year margin outlook, and the view that aero margins and pricing power may prove better than current guidance assumes. Analyst Commentary Recent research updates highlight a generally constructive view on Woodward, with upside bias to pricing and aero margins helping justify higher price targets.

WWD: Aero Pricing Power Will Drive Stronger Margins And Earnings Ahead

Analysts have raised their price target on Woodward to approximately $360 from about $320, citing stronger than expected recent earnings, a constructive multi year outlook, and a view that aero margins and pricing power can drive faster growth and modestly higher long term profitability than previously modeled. Analyst Commentary Bullish analysts have highlighted Woodward's stronger than expected Q4 earnings as a key driver of recent positive revisions to price targets, with several moving into or reaffirming Buy or Outperform stances.

WWD: New Facility and Buyback Program Will Support Measured Upside Through 2026

Woodward’s analyst price target has increased from $298.75 to $317.13, as analysts point to stronger than expected quarterly results and an improved outlook supported by strong margin and revenue growth expectations. Analyst Commentary Following Woodward's recent quarterly performance and forward outlook, analysts have provided a range of insights into the company's valuation and execution prospects.

WWD: New Facility in South Carolina Will Drive Outperformance Momentum

Narrative Update: Analyst Price Target Change for Woodward Analysts have raised their price target for Woodward by $1.25 to $300, citing improved discount rates and an upgrade to Outperform as key drivers for the positive outlook. Analyst Commentary Bullish Takeaways Bullish analysts highlight that Woodward's price target has been upgraded to $300, reflecting greater confidence in the company's growth trajectory.

Why Investors Shouldn't Be Surprised By Woodward, Inc.'s (NASDAQ:WWD) P/E

Nov 11
Why Investors Shouldn't Be Surprised By Woodward, Inc.'s (NASDAQ:WWD) P/E

WWD: Recent Upgrade Will Drive Long-Term Confidence And Margin Expansion

Narrative Update on Woodward: Analyst Price Target Adjustment Analysts have raised Woodward's price target from $298.75 to $300. They cite improved growth prospects and a recent upgrade in rating.

Cleaner Propulsion And Automation Will Define Future Aerospace Trends

Analysts have raised their price target for Woodward from $295.71 to $298.75, citing improved profit margins and a recent upgrade that reflects confidence in the company's outlook. Analyst Commentary Bullish Takeaways Bullish analysts point to the recent upgrade as evidence of improved sentiment around Woodward's future growth trajectory.

Cleaner Propulsion And Automation Will Define Future Aerospace Trends

Analysts have raised their fair value estimate for Woodward from $291.25 to $295.71 per share. This change reflects increased confidence following recent upgrades and higher price targets within the defense sector.

Cleaner Propulsion And Automation Will Define Future Aerospace Trends

Consensus revenue growth forecasts for Woodward have improved notably from 6.5% to 7.2% per annum, supporting a modest upward revision of the Analyst Price Target from $285.88 to $291.25. What's in the News Completed buyback of 2,855,116 shares (4.74% of shares) for $515.03 million under the announced program.

Woodward (NASDAQ:WWD) Is Doing The Right Things To Multiply Its Share Price

Sep 03
Woodward (NASDAQ:WWD) Is Doing The Right Things To Multiply Its Share Price

Woodward (NASDAQ:WWD) Has A Pretty Healthy Balance Sheet

Aug 17
Woodward (NASDAQ:WWD) Has A Pretty Healthy Balance Sheet

Calculating The Intrinsic Value Of Woodward, Inc. (NASDAQ:WWD)

Jul 27
Calculating The Intrinsic Value Of Woodward, Inc. (NASDAQ:WWD)

What Is Woodward, Inc.'s (NASDAQ:WWD) Share Price Doing?

Jul 13
What Is Woodward, Inc.'s (NASDAQ:WWD) Share Price Doing?

Slowing Rates Of Return At Woodward (NASDAQ:WWD) Leave Little Room For Excitement

Jun 02
Slowing Rates Of Return At Woodward (NASDAQ:WWD) Leave Little Room For Excitement

Woodward, Inc.'s (NASDAQ:WWD) 26% Share Price Surge Not Quite Adding Up

May 20
Woodward, Inc.'s (NASDAQ:WWD) 26% Share Price Surge Not Quite Adding Up

With EPS Growth And More, Woodward (NASDAQ:WWD) Makes An Interesting Case

May 13
With EPS Growth And More, Woodward (NASDAQ:WWD) Makes An Interesting Case

Woodward: Keep On Radar, But Wait For A Better Opportunity

Mar 28

Woodward Stock: Still A Buy Despite China And Boeing Headwinds

Feb 05

Woodward Stock Surges After Earnings: Pressure In China, Growth Ahead In Aerospace

Nov 26

CEO Compensation Analysis

How has Chip Blankenship's remuneration changed compared to Woodward's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

US$514m

Dec 31 2025n/an/a

US$489m

Sep 30 2025US$10mUS$1m

US$442m

Jun 30 2025n/an/a

US$388m

Mar 31 2025n/an/a

US$381m

Dec 31 2024n/an/a

US$370m

Sep 30 2024US$11mUS$1m

US$373m

Jun 30 2024n/an/a

US$372m

Mar 31 2024n/an/a

US$355m

Dec 31 2023n/an/a

US$293m

Sep 30 2023US$8mUS$1m

US$232m

Jun 30 2023n/an/a

US$204m

Mar 31 2023n/an/a

US$159m

Dec 31 2022n/an/a

US$171m

Sep 30 2022US$7mUS$402k

US$172m

Compensation vs Market: Chip's total compensation ($USD10.48M) is about average for companies of similar size in the US market ($USD14.54M).

Compensation vs Earnings: Chip's compensation has been consistent with company performance over the past year.


CEO

Chip Blankenship (58 yo)

4yrs
Tenure
US$10,482,876
Compensation

Mr. Charles P. Blankenship, Jr. also known as Chip, serves as Chief Executive Officer and Chairman at Woodward, Inc. since May 9, 2022 and served as its President since May 9, 2022 until 2024. He serves as...


Leadership Team

NamePositionTenureCompensationOwnership
Charles Blankenship
CEO & Chairman4yrsUS$10.48m0.061%
$ 13.2m
William Lacey
Executive VP & CFO3yrsUS$2.63m0.0065%
$ 1.4m
Thomas Cromwell
Executive VP & COO7.3yrsUS$3.85m0.012%
$ 2.6m
Randall Hobbs
Executive VP & President of Industrial3.4yrsUS$2.12m0.027%
$ 5.9m
Daniel Provaznik
Director of Investor Relationsno datano datano data
Karrie Bem
Executive VP1.7yrsno data0.0017%
$ 363.6k
Ron Charles
Executive VP & Chief Human Resources Officer1.7yrsno datano data
W. Godsman
Executive Vice President of Strategy & Business Development2.3yrsno datano data
Shawn McLevige
Executive VP & President of Aerospace Segmentless than a yearno data0.0067%
$ 1.4m
2.7yrs
Average Tenure
55.5yo
Average Age

Experienced Management: WWD's management team is considered experienced (2.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Charles Blankenship
CEO & Chairman4yrsUS$10.48m0.061%
$ 13.2m
Gregg Sengstack
Lead Independent Director14.7yrsUS$277.96k0.054%
$ 11.8m
John Cohn
Independent Director23.8yrsUS$247.92k0.035%
$ 7.6m
Rajeev Bhalla
Independent Director4.7yrsUS$257.96k0.0062%
$ 1.3m
David Hess
Independent Director5.3yrsUS$247.96k0.029%
$ 6.3m
Eileen Paterson
Independent Director9.3yrsUS$256.46k0.0032%
$ 699.0k
Tana Utley
Independent Director2.9yrsUS$247.96k0.0035%
$ 753.1k
Daniel Korte
Independent Director9.3yrsUS$256.46k0.0078%
$ 1.7m
Mary Petryszyn
Independent Director2.9yrsUS$247.96k0.0052%
$ 1.1m
5.3yrs
Average Tenure
64yo
Average Age

Experienced Board: WWD's board of directors are considered experienced (5.3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/03 07:05
End of Day Share Price 2026/05/01 00:00
Earnings2026/03/31
Annual Earnings2025/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Woodward, Inc. is covered by 28 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAlembic Global Advisors
Peter LisnicBaird
David StraussBarclays