Woodward, Inc.

WWDNASDAQIndustrials● Active

$357.74

$-2.62(-0.73%)

Market Cap$21.3B

P/E Ratio—

52W High$407

52W Low$227

Avg Volume720K

Open$357.03

Beta0.89

Free Cash Flow Financials Revenue

Woodward, Inc. (WWD) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

WWD · free cash flow · updated Jun 8, 2026

Core FCF metrics

WWD · FCF · TTM · margin & CAGR

Free cash flow was $340.4M for FY2025 (fiscal year ending 2025-09-30), down 0.7% year-over-year The FCF margin was 9.5%. Five-year CAGR stands at +2.4%.

FY2025 Free Cash Flow$340.4M▼ -0.7% YoY

Trailing 12M (TTM)$388.6Mtrailing 4 quarters sum

FCF Margin9.5%$340.4M ÷ revenue

3-Year CAGR+34.2%FY2022 → FY2025

5-Year CAGR+2.4%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

WWD · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$471.3M(131M)$340.4M▼ 0.7%9.5%

FY2024$439.1M(96M)$342.8M▲ +49.2%10.3%

FY2023$306.3M(77M)$229.8M▲ +63.2%7.9%

FY2022$193.6M(53M)$140.8M▼ 67.0%5.9%

FY2021$464.7M(38M)$427.0M▲ +41.2%19.0%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

WWD · P/FCF · FCF yield · FCF per share

Woodward, Inc. (WWD) trades at a FCF yield of 1.82% and a price-to-free-cash-flow ratio of 54.9x. FCF per share stands at $6.52, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

1.82%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$6.52

TTM FCF ÷ Shares Outstanding

Price / FCF

x54.9

Share Price ÷ FCF per Share

EV / FCF (TTM)

x56.5

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-09-30

Cash flow statement summary

WWD · cash flow statement · operating / investing / financing

For FY2025, Woodward, Inc. generated $471.3M in operating cash flow and spent 131M in capital expenditures, yielding $340.4M in free cash flow.

Operating Activities

+$471.3M

Cash from core business operations

2025-09-30

Investing Activities

−$119.6M

CapEx, acquisitions & investments

2025-09-30

Financing Activities

−$313.9M

Buybacks, dividends & debt

2025-09-30

FCF FormulaOperating CF ($471.3M) − |CapEx| (131M) = FCF ($340.4M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

WWD vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Woodward, Inc.YOU

WWD

$340.4M-0.7%9.5%

Union Pacific Corporation

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Woodward, Inc. (WWD) reported free cash flow of $340.4M for FY2025 (fiscal year ending 2025-09-30), down 0.7% year-over-year. The FCF margin was 9.5%.

Based on available data, Woodward, Inc. has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $427.0M in FY2021. The 5-year CAGR stands at +2.4%.

Woodward, Inc.'s FCF yield is 1.82% and price-to-FCF ratio is 54.9x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

WWD free cash flow · 8 questions

Woodward, Inc. free cash flow was $340.4M for FY2025, down 0.7% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $388.6M.

WWD free cash flowWWD FCFWWD FCF 2025WWD free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Woodward, Inc. · Woodward, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026