Woodward, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $2.0b $2.1b $2.3b $2.9b $2.5b $2.2b $2.4b $2.9b $3.3b $3.6b
Cost of Revenue $1.5b $1.5b $1.7b $2.2b $1.9b $1.7b $1.9b $2.2b $2.4b $2.6b
Gross Profit (Calculated) $547.5m $572.6m $606.2m $707.5m $640.2m $551.1m $525.3m $677.6m $876.5m $956.3m
Additional Financial Items
Amortization of Intangible Assets $27.5m $25.8m $44.7m $56.0m $39.5m $41.9m $37.6m $37.6m $33.6m $28.2m
Foreign Currency Transaction Gain (Loss), before Tax $701k ($651k) ($1.6m) $1.0m $194k ($2.0m) $1.4m $1.0m $8.4m ($512k)
Gain (Loss) on Investments $6.6m
Goodwill, Impairment Loss $0 $0 $0 $0 $8.6m
Income (Loss) from Continuing Operations before Income Taxes, Domestic $175.1m $192.2m $181.7m $211.3m $180.8m $136.3m $99.4m $122.4m $244.3m $366.7m
Income (Loss) from Equity Method Investments $6.2m $2.6m $3.3m $12.9m $15.6m $11.4m $18.2m $36.8m $41.2m $45.9m
Investment Income, Interest $2.0m $1.7m $1.7m $1.4m $1.8m $1.5m $1.8m $2.8m $6.5m $4.2m
Operating Lease, Lease Income $6.8m $6.3m $5.5m $5.0m $5.5m $3.9m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $226.5m $252.7m $219.6m $320.6m $281.9m $245.8m $199.9m $275.8m $454.0m $521.4m
Net Income (Loss) Attributable to Parent $180.8m $200.5m $180.4m $259.6m $240.4m $208.6m $171.7m $232.4m $373.0m $442.1m
Earnings Per Share, Basic $2.92 $3.27 $2.93 $4.19 $3.86 $3.30 $2.79 $3.88 $6.21 $7.42
Earnings Per Share, Diluted $2.85 $3.16 $2.82 $4.02 $3.74 $3.18 $2.71 $3.78 $6.01 $7.19
Weighted Average Number of Shares Outstanding, Basic 61.9m 61.4m 61.5m 62.0m 62.3m 63.3m 61.5m 59.9m 60.1m 59.6m
Weighted Average Number of Shares Outstanding, Diluted 63.6m 63.5m 63.9m 64.5m 64.2m 65.6m 63.3m 61.5m 62.1m 61.5m
Selling, General and Administrative Expense $155.0m $176.6m $192.8m $211.2m $217.7m $186.9m $203.0m $269.7m $307.5m $329.8m
Other Nonoperating Income (Expense) $12.3m $9.0m $1.5m $26.0m $56.2m $36.5m $26.7m $50.3m $67.2m $84.0m
Interest Expense $26.8m $27.4m $31.8m $44.0m $35.8m $34.3m $34.5m $47.9m $48.0m $45.7m
Research and Development Expense $126.2m $126.5m $148.3m $159.1m $133.1m $117.1m $119.8m $132.1m $140.7m $147.6m
Restructuring Costs $17.0m $22.2m
Income Tax Expense (Benefit) $45.6m $52.2m $39.2m $61.0m $41.5m $37.1m $28.2m $43.4m $81.0m $79.3m
Interest Revenue (Expense), Net ($24.8m) ($25.7m) ($30.1m) ($42.6m) ($34.0m) ($32.8m) ($32.7m) ($45.1m) ($41.5m) ($41.5m)

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.