Woodward Past Earnings Performance

Past criteria checks 4/6

Woodward's earnings have been declining at an average annual rate of -5.2%, while the Aerospace & Defense industry saw earnings growing at 6.1% annually. Revenues have been declining at an average rate of 0.7% per year. Woodward's return on equity is 13.4%, and it has net margins of 9.5%.

Key information

-5.2%

Earnings growth rate

-4.6%

EPS growth rate

Aerospace & Defense Industry Growth	5.4%
Revenue growth rate	-0.7%
Return on equity	13.4%
Net Margin	9.5%
Next Earnings Update	29 Apr 2024

Recent past performance updates

Recent updates

Woodward, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Feb 01

Why Woodward, Inc. (NASDAQ:WWD) Could Be Worth Watching

Jan 18

We Think Woodward (NASDAQ:WWD) Can Manage Its Debt With Ease

Jan 03

Is There An Opportunity With Woodward, Inc.'s (NASDAQ:WWD) 21% Undervaluation?

Dec 19

Should You Investigate Woodward, Inc. (NASDAQ:WWD) At US$127?

Oct 14

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

Sep 29

Is Woodward, Inc. (NASDAQ:WWD) Trading At A 26% Discount?

Sep 11

Here's Why Woodward (NASDAQ:WWD) Can Manage Its Debt Responsibly

Jun 29

Should You Think About Buying Woodward, Inc. (NASDAQ:WWD) Now?

Jun 16

What Does Woodward, Inc.'s (NASDAQ:WWD) Share Price Indicate?

Mar 16

Is Woodward (NASDAQ:WWD) Using Too Much Debt?

Mar 03

Is There An Opportunity With Woodward, Inc.'s (NASDAQ:WWD) 28% Undervaluation?

Feb 01

Here's Why Woodward (NASDAQ:WWD) Can Manage Its Debt Responsibly

Oct 12

Is Now The Time To Look At Buying Woodward, Inc. (NASDAQ:WWD)?

Sep 26

Woodward declares $0.19 dividend

Sep 21

Woodward declares $0.19 dividend

Jul 28

Woodward (NASDAQ:WWD) Seems To Use Debt Quite Sensibly

Jul 14

What Does Woodward, Inc.'s (NASDAQ:WWD) Share Price Indicate?

Jun 19

Woodward, Inc. (NASDAQ:WWD) Shares Could Be 34% Below Their Intrinsic Value Estimate

May 13

Revenue & Expenses Breakdown
Beta

How Woodward makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NasdaqGS:WWD Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses	R&D Expenses
31 Dec 23	3,083	293	270	134
30 Sep 23	2,915	232	259	132
30 Jun 23	2,778	204	251	130
31 Mar 23	2,591	159	230	128
31 Dec 22	2,460	171	195	123
30 Sep 22	2,383	172	193	120
30 Jun 22	2,313	168	183	118
31 Mar 22	2,255	177	185	115
31 Dec 21	2,250	197	187	110
30 Sep 21	2,246	209	180	117
30 Jun 21	2,207	216	183	116
31 Mar 21	2,174	206	191	121
31 Dec 20	2,313	229	188	128
30 Sep 20	2,496	240	214	133
30 Jun 20	2,701	250	206	142
31 Mar 20	2,929	278	203	148
31 Dec 19	2,968	264	218	157
30 Sep 19	2,900	260	208	159
30 Jun 19	2,883	267	200	160
31 Mar 19	2,719	250	198	159
31 Dec 18	2,509	211	182	152
30 Sep 18	2,326	180	190	148
30 Jun 18	2,213	168	180	146
31 Mar 18	2,174	173	175	142
31 Dec 17	2,126	172	184	135
30 Sep 17	2,099	201	175	127
30 Jun 17	2,083	201	191	124
31 Mar 17	2,042	199	182	120
31 Dec 16	2,021	202	172	121
30 Sep 16	2,023	181	172	125
30 Jun 16	1,995	168	152	129
31 Mar 16	1,982	160	155	132
31 Dec 15	1,996	163	156	131
30 Sep 15	2,038	181	177	134
30 Jun 15	2,041	183	160	136
31 Mar 15	2,071	185	161	137
31 Dec 14	2,060	186	158	143
30 Sep 14	2,001	166	155	138
30 Jun 14	1,994	167	168	131
31 Mar 14	1,954	144	167	131
31 Dec 13	1,957	142	169	130
30 Sep 13	1,936	146	159	130
30 Jun 13	1,906	140	156	136

Quality Earnings: WWD has high quality earnings.

Growing Profit Margin: WWD's current net profit margins (9.5%) are higher than last year (7%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: WWD's earnings have declined by 5.2% per year over the past 5 years.

Accelerating Growth: WWD's earnings growth over the past year (71.2%) exceeds its 5-year average (-5.2% per year).

Earnings vs Industry: WWD earnings growth over the past year (71.2%) exceeded the Aerospace & Defense industry 17.6%.

Return on Equity

High ROE: WWD's Return on Equity (13.4%) is considered low.

Return on Assets

Return on Capital Employed

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Woodward Past Earnings Performance

Past criteria checks 4/6

Key information

Recent past performance updates

Woodward, Inc. to Report Q2, 2024 Results on Apr 29, 2024

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Woodward, Inc. to Report Q1, 2024 Results on Jan 29, 2024

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

Woodward, Inc. to Report Q4, 2023 Results on Nov 16, 2023

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Recent updates

Woodward, Inc. Declares Quarterly Dividend, Payable on June 5, 2024

Woodward (NASDAQ:WWD) Has A Rock Solid Balance Sheet

Woodward, Inc. to Report Q2, 2024 Results on Apr 29, 2024

Woodward: An Upgrade Is Warranted After A Costly Misjudgment

Market Participants Recognise Woodward, Inc.'s (NASDAQ:WWD) Earnings

Should You Be Adding Woodward (NASDAQ:WWD) To Your Watchlist Today?

Woodward, Inc. Announces Departure of A. Christopher Fawzy as EVP, General Counsel, Chief Compliance Officer and Secretary

Now 21% undervalued

Executive VP notifies of intention to sell stock

Upcoming dividend of US$0.25 per share at 0.7% yield

Woodward, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Fourth quarter dividend increased to US$0.25

Woodward, Inc. Increases Quarterly Dividend, Payable on March 5, 2024

Why Woodward, Inc. (NASDAQ:WWD) Could Be Worth Watching

Woodward, Inc. to Report Q1, 2024 Results on Jan 29, 2024

Price target increased by 7.8% to US$151

We Think Woodward (NASDAQ:WWD) Can Manage Its Debt With Ease

Is There An Opportunity With Woodward, Inc.'s (NASDAQ:WWD) 21% Undervaluation?

Now 20% undervalued

Woodward, Inc., Annual General Meeting, Jan 24, 2024

Price target increased by 7.0% to US$139

Independent Director notifies of intention to sell stock

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

Price target increased by 8.9% to US$134

Woodward, Inc. Provides Earnings Guidance for the Fiscal Year 2024

Upcoming dividend of US$0.22 per share at 0.7% yield

Woodward, Inc. to Report Q4, 2023 Results on Nov 16, 2023

New major risk - Revenue and earnings growth

Should You Investigate Woodward, Inc. (NASDAQ:WWD) At US$127?

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

Woodward, Inc. Declares Cash Dividend, Payable on December 4, 2023

Is Woodward, Inc. (NASDAQ:WWD) Trading At A 26% Discount?

Corporate VP exercised options and sold US$449k worth of stock

Price target increased by 9.2% to US$126

Consensus EPS estimates increase by 20%

Price target increased by 8.2% to US$123

Corporate VP notifies of intention to sell stock

Upcoming dividend of US$0.22 per share at 0.7% yield

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Woodward, Inc. Provides Sales Guidance for the Fiscal Year 2023

Woodward Announces Declaration of Quarterly Dividend, Payable on August 28, 2023

Woodward, Inc. to Report Q3, 2023 Results on Jul 31, 2023

High number of new directors

Here's Why Woodward (NASDAQ:WWD) Can Manage Its Debt Responsibly

Should You Think About Buying Woodward, Inc. (NASDAQ:WWD) Now?

Independent Director exercised options and sold US$98k worth of stock

Upcoming dividend of US$0.22 per share at 0.8% yield

Woodward Appoint Board of Directors

Independent Director notifies of intention to sell stock

Woodward, Inc. Revises Earnings Guidance for the Year Ended September 30, 2023

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

What Does Woodward, Inc.'s (NASDAQ:WWD) Share Price Indicate?

Is Woodward (NASDAQ:WWD) Using Too Much Debt?

Upcoming dividend of US$0.22 per share at 0.9% yield

Is There An Opportunity With Woodward, Inc.'s (NASDAQ:WWD) 28% Undervaluation?

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Woodward, Inc. Reaffirms Earnings Guidance for the Fiscal 2023

Woodward, Inc. to Report Q1, 2023 Results on Jan 30, 2023

Mary Petrovich and Paul Donovan Not to Stand for Re-Election as Board of Directors of Woodward, Inc

Woodward, Inc. Provides Earnings Guidance for the Year 2023

Woodward, Inc. to Report Q4, 2022 Results on Nov 17, 2022

Woodward, Inc. Announces Executive Changes

Here's Why Woodward (NASDAQ:WWD) Can Manage Its Debt Responsibly

Is Now The Time To Look At Buying Woodward, Inc. (NASDAQ:WWD)?

Woodward, Inc. Announces Declaration of Dividend, Payable on November 28, 2022

Woodward declares $0.19 dividend

Chief Financial Officer exercised options and sold US$310k worth of stock

Independent Director recently bought US$297k worth of stock

Revenue & Expenses Breakdown
Beta