Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Woodward.
Income Statement
| Breakdown | September 30, 2024 | September 30, 2023 | September 30, 2022 | September 30, 2021 | September 30, 2020 | September 30, 2019 | September 30, 2018 | September 30, 2017 | September 30, 2016 | September 30, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.32B | $2.91B | $2.38B | $2.25B | $2.50B | $2.90B | $2.33B | $2.10B | $2.02B | $2.04B |
| Cost of Revenue | $2.45B | $2.24B | $1.86B | $1.69B | $1.86B | $2.19B | $1.72B | $1.53B | $1.48B | $1.45B |
| Gross Profit | $876.48M | $677.58M | $525.30M | $551.06M | $640.24M | $707.54M | $606.20M | $572.56M | $547.54M | $584.59M |
| Gross Profit Ratio | 26.37% | 23.25% | 22.05% | 24.54% | 25.65% | 24.40% | 26.06% | 27.28% | 27.06% | 28.68% |
| Research and Development Expenses | $140.68M | $132.09M | $119.78M | $117.09M | $133.13M | $159.11M | $148.28M | $126.52M | $126.17M | $134.49M |
| General and Administrative Expenses | $- | $-10.55M | $191.43M | $172.74M | $- | $- | $192.76M | $176.63M | $154.95M | $157.00M |
| Selling and Marketing Expenses | $- | $269.69M | $11.57M | $14.13M | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $307.50M | $259.14M | $203.00M | $186.87M | $217.71M | $211.21M | $192.76M | $176.63M | $154.95M | $157.00M |
| Other Expenses | $- | $- | $26.69M | $36.49M | $56.17M | $25.97M | $1.52M | $9.04M | $12.31M | $1.16M |
| Operating Expenses | $448.18M | $390.69M | $322.79M | $303.96M | $350.84M | $370.31M | $341.04M | $303.15M | $308.61M | $320.72M |
| Cost and Expenses | $2.90B | $2.61B | $2.18B | $2.00B | $2.21B | $2.56B | $2.06B | $1.83B | $1.78B | $1.77B |
| Interest Income | $6.46M | $2.75M | $1.81M | $1.50M | $1.76M | $1.41M | $1.67M | $1.73M | $2.02M | $787.00K |
| Interest Expense | $47.96M | $47.90M | $34.55M | $34.28M | $35.81M | $44.00M | $31.77M | $27.43M | $26.78M | $24.86M |
| Depreciation and Amortization | $116.17M | $119.74M | $120.63M | $129.52M | $131.16M | $142.00M | $116.13M | $80.92M | $69.04M | $29.24M |
| EBITDA | $618.10M | $443.35M | $231.02M | $285.09M | $424.72M | $364.61M | $397.62M | $350.32M | $324.07M | $295.05M |
| EBITDA Ratio | 18.59% | 15.21% | 9.70% | 12.69% | 17.02% | 12.57% | 17.10% | 16.69% | 16.02% | 14.48% |
| Operating Income | $428.30M | $304.71M | $110.39M | $155.56M | $216.17M | $222.61M | $265.16M | $269.41M | $238.93M | $263.86M |
| Operating Income Ratio | 12.88% | 10.45% | 4.63% | 6.93% | 8.66% | 7.68% | 11.40% | 12.84% | 11.81% | 12.95% |
| Total Other Income Expenses Net | $25.67M | $-28.94M | $-12.98M | $-8.51M | $-7.52M | $98.00M | $-41.48M | $-16.66M | $-12.45M | $-22.91M |
| Income Before Tax | $453.97M | $275.77M | $199.90M | $245.80M | $281.88M | $320.61M | $219.58M | $252.75M | $226.49M | $240.95M |
| Income Before Tax Ratio | 13.66% | 9.46% | 8.39% | 10.94% | 11.29% | 11.05% | 9.44% | 12.04% | 11.20% | 11.82% |
| Income Tax Expense | $81.00M | $43.40M | $28.20M | $37.15M | $41.49M | $61.01M | $39.20M | $52.24M | $45.65M | $59.50M |
| Net Income | $372.97M | $232.37M | $171.70M | $208.65M | $240.40M | $259.60M | $180.38M | $200.51M | $180.84M | $181.45M |
| Net Income Ratio | 11.22% | 7.97% | 7.21% | 9.29% | 9.63% | 8.95% | 7.76% | 9.55% | 8.94% | 8.90% |
| EPS | $6.21 | $3.88 | $2.79 | $3.30 | $3.86 | $4.19 | $2.93 | $3.27 | $2.92 | $2.81 |
| EPS Diluted | $6.01 | $3.78 | $2.71 | $3.18 | $3.74 | $4.03 | $2.82 | $3.16 | $2.85 | $2.75 |
| Weighted Average Shares Outstanding | 60.08M | 59.91M | 61.52M | 63.29M | 62.27M | 61.95M | 61.49M | 61.37M | 61.89M | 64.68M |
| Weighted Average Shares Outstanding Diluted | 62.08M | 61.48M | 63.25M | 65.56M | 64.21M | 64.50M | 63.88M | 63.51M | 63.56M | 66.06M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | September 30, 2024 | September 30, 2023 | September 30, 2022 | September 30, 2021 | September 30, 2020 | September 30, 2019 | September 30, 2018 | September 30, 2017 | September 30, 2016 | September 30, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $282.27M | $137.45M | $107.84M | $448.46M | $153.27M | $99.07M | $83.59M | $87.55M | $81.09M | $82.20M |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $282.27M | $137.45M | $107.84M | $448.46M | $153.27M | $99.07M | $83.59M | $87.55M | $81.09M | $82.20M |
| Net Receivables | $770.07M | $763.98M | $615.14M | $535.12M | $566.87M | $599.63M | $431.82M | $421.56M | $364.13M | $344.05M |
| Inventory | $609.09M | $517.84M | $514.29M | $419.97M | $437.94M | $516.84M | $549.60M | $473.50M | $461.68M | $447.66M |
| Other Current Assets | $82.18M | $50.18M | $74.69M | $61.17M | $52.79M | $55.69M | $49.79M | $38.57M | $37.52M | $73.56M |
| Total Current Assets | $1.74B | $1.47B | $1.31B | $1.46B | $1.21B | $1.27B | $1.11B | $1.02B | $944.42M | $947.48M |
| Property Plant Equipment Net | $940.72M | $937.77M | $910.47M | $950.57M | $997.41M | $1.06B | $1.06B | $922.04M | $876.35M | $756.10M |
| Goodwill | $806.64M | $791.47M | $772.56M | $805.33M | $808.25M | $797.85M | $813.25M | $556.54M | $555.68M | $556.98M |
| Intangible Assets | $440.42M | $452.36M | $460.58M | $559.29M | $606.71M | $611.99M | $700.88M | $171.88M | $197.65M | $225.14M |
| Goodwill and Intangible Assets | $1.25B | $1.24B | $1.23B | $1.36B | $1.41B | $1.41B | $1.51B | $728.43M | $753.33M | $782.12M |
| Long Term Investments | $- | $48.27M | $37.63M | $96.31M | $51.26M | $28.05M | $29.34M | $22.87M | $12.49M | $- |
| Tax Assets | $84.39M | $58.55M | $23.45M | $14.07M | $14.66M | $18.16M | $16.57M | $19.95M | $20.19M | $9.39M |
| Other Non-Current Assets | $353.13M | $252.32M | $289.79M | $200.71M | $214.18M | $170.47M | $55.80M | $42.63M | $35.57M | $44.89M |
| Total Non-Current Assets | $2.63B | $2.54B | $2.49B | $2.63B | $2.69B | $2.69B | $2.68B | $1.74B | $1.70B | $1.59B |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $4.37B | $4.01B | $3.81B | $4.09B | $3.90B | $3.96B | $3.79B | $2.76B | $2.64B | $2.54B |
| Account Payables | $287.46M | $234.33M | $230.52M | $170.91M | $134.24M | $240.46M | $226.28M | $232.79M | $169.44M | $173.29M |
| Short Term Debt | $302.72M | $80.41M | $67.66M | $728.00K | $101.63M | $220.21M | $153.63M | $32.60M | $150.00M | $2.43M |
| Tax Payables | $40.69M | $44.44M | $34.66M | $11.48M | $4.66M | $18.85M | $16.75M | $6.77M | $4.55M | $6.55M |
| Deferred Revenue | $56.79M | $33.75M | $30.66M | $29.53M | $24.62M | $27.89M | $9.66M | $11.08M | $12.33M | $10.00M |
| Other Current Liabilities | $235.85M | $228.87M | $175.62M | $153.61M | $127.17M | $200.02M | $184.85M | $144.00M | $144.30M | $145.95M |
| Total Current Liabilities | $923.51M | $617.20M | $539.11M | $366.26M | $392.33M | $707.44M | $591.18M | $427.23M | $480.61M | $338.22M |
| Long Term Debt | $22.67M | $663.66M | $731.20M | $748.89M | $751.42M | $865.03M | $1.09B | $580.29M | $577.15M | $850.00M |
| Deferred Revenue Non-Current | $- | $414.66M | $396.35M | $386.32M | $366.64M | $337.17M | $235.30M | $236.90M | $238.19M | $- |
| Deferred Tax Liabilities Non-Current | $121.86M | $132.82M | $127.19M | $157.94M | $163.57M | $151.36M | $170.91M | $33.41M | $3.78M | $82.45M |
| Other Non-Current Liabilities | $1.12B | $110.88M | $111.47M | $216.81M | $236.69M | $168.79M | $162.75M | $107.90M | $130.04M | $116.19M |
| Total Non-Current Liabilities | $1.27B | $1.32B | $1.37B | $1.51B | $1.52B | $1.52B | $1.66B | $958.49M | $949.15M | $1.05B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $2.19B | $1.94B | $1.91B | $1.88B | $1.91B | $2.23B | $2.25B | $1.39B | $1.43B | $1.39B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $106.00K | $106.00K | $106.00K | $106.00K | $106.00K | $106.00K | $106.00K | $106.00K | $106.00K | $106.00K |
| Retained Earnings | $3.22B | $2.91B | $2.73B | $2.60B | $2.43B | $2.22B | $1.97B | $1.82B | $1.65B | $1.50B |
| Accumulated Other Comprehensive Income Loss | $-32.70M | $-67.89M | $-92.56M | $-65.62M | $-89.79M | $-103.31M | $-74.94M | $-53.19M | $-65.70M | $-51.46M |
| Other Total Stockholders Equity | $-1.01B | $-769.80M | $-733.65M | $-320.22M | $-345.54M | $-394.98M | $-353.70M | $-395.81M | $-371.31M | $-290.82M |
| Total Stockholders Equity | $2.18B | $2.07B | $1.90B | $2.21B | $1.99B | $1.73B | $1.54B | $1.37B | $1.21B | $1.15B |
| Total Equity | $2.18B | $2.07B | $1.90B | $2.21B | $1.99B | $1.73B | $1.54B | $1.37B | $1.21B | $1.15B |
| Total Liabilities and Stockholders Equity | $4.37B | $4.01B | $3.81B | $4.09B | $3.90B | $3.96B | $3.79B | $2.76B | $2.64B | $2.54B |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $4.37B | $4.01B | $3.81B | $4.09B | $3.90B | $3.96B | $3.79B | $2.76B | $2.64B | $2.54B |
| Total Investments | $- | $48.27M | $37.63M | $96.31M | $51.26M | $28.05M | $29.34M | $22.87M | $12.49M | $- |
| Total Debt | $302.72M | $742.21M | $777.42M | $734.85M | $838.48M | $1.08B | $1.25B | $612.89M | $727.15M | $852.43M |
| Net Debt | $20.45M | $604.76M | $669.57M | $286.39M | $685.21M | $985.83M | $1.16B | $525.33M | $646.06M | $770.23M |
Cash Flow Statement
| Breakdown | September 30, 2024 | September 30, 2023 | September 30, 2022 | September 30, 2021 | September 30, 2020 | September 30, 2019 | September 30, 2018 | September 30, 2017 | September 30, 2016 | September 30, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $372.97M | $232.37M | $171.70M | $208.65M | $240.40M | $259.60M | $180.38M | $200.51M | $180.84M | $181.45M |
| Depreciation and Amortization | $116.17M | $119.74M | $120.63M | $129.52M | $131.16M | $142.00M | $116.13M | $80.92M | $69.04M | $75.23M |
| Deferred Income Tax | $- | $-40.16M | $-23.23M | $-11.96M | $1.31M | $-10.06M | $-30.18M | $22.77M | $-52.74M | $15.50M |
| Stock Based Compensation | $- | $23.96M | $20.11M | $21.48M | $22.90M | $18.15M | $18.23M | $17.28M | $15.12M | $14.26M |
| Change in Working Capital | $- | $-42.44M | $-93.80M | $121.44M | $-30.10M | $-21.00M | $14.70M | $-10.27M | $-22.51M | $8.47M |
| Accounts Receivables | $- | $-113.12M | $-54.38M | $41.24M | $52.09M | $841.00K | $-6.49M | $-53.15M | $-9.19M | $14.85M |
| Inventory | $- | $3.23M | $-110.20M | $18.87M | $61.02M | $-49.19M | $-7.66M | $-10.86M | $-17.66M | $-8.82M |
| Accounts Payables | $- | $67.45M | $122.96M | $45.30M | $-175.35M | $48.00M | $-2.28M | $64.66M | $17.46M | $1.43M |
| Other Working Capital | $- | $- | $-52.18M | $16.02M | $32.13M | $-20.66M | $31.14M | $-10.92M | $-13.12M | $1.02M |
| Other Non Cash Items | $-50.05M | $15.07M | $-1.77M | $-4.45M | $-16.18M | $1.93M | $31.00K | $-3.68M | $245.64M | $-7.49M |
| Net Cash Provided by Operating Activities | $439.09M | $308.54M | $193.64M | $464.67M | $349.49M | $390.61M | $299.29M | $307.54M | $435.38M | $287.43M |
| Investments in Property Plant and Equipment | $-96.28M | $-76.50M | $-52.87M | $-37.69M | $-47.09M | $-99.07M | $-127.14M | $-92.34M | $-175.69M | $-286.61M |
| Acquisitions Net | $1.80M | $878.00K | $-15.55M | $154.00K | $10.44M | $1.01M | $-771.12M | $3.74M | $6.66M | $- |
| Purchases of Investments | $-6.77M | $-6.11M | $-9.63M | $-14.34M | $-13.11M | $-26.72M | $-9.32M | $-8.59M | $-4.92M | $- |
| Sales Maturities of Investments | $- | $7.69M | $12.56M | $16.57M | $12.70M | $22.25M | $9.09M | $5.31M | $- | $- |
| Other Investing Activities | $12.03M | $488.00K | $43.00K | $154.00K | $30.17M | $1.01M | $1.92M | $3.74M | $6.66M | $2.53M |
| Net Cash Used for Investing Activities | $-89.22M | $-73.55M | $-65.45M | $-35.30M | $-6.88M | $-102.53M | $-896.57M | $-91.87M | $-173.95M | $-284.08M |
| Debt Repayment | $141.18M | $-67.58M | $-797.00K | $-101.64M | $-264.20M | $-150.03M | $637.91M | $-124.51M | $-124.74M | $143.36M |
| Common Stock Issued | $89.88M | $50.75M | $21.90M | $34.71M | $24.97M | $36.04M | $9.13M | $14.20M | $15.89M | $8.40M |
| Common Stock Repurchased | $-390.82M | $-126.38M | $-485.30M | $-33.34M | $-13.35M | $-110.31M | $- | $-71.75M | $-125.54M | $-158.76M |
| Dividends Paid | $-58.29M | $-51.03M | $-44.98M | $-36.04M | $-37.66M | $-39.07M | $-34.00M | $-29.75M | $-26.61M | $-24.65M |
| Other Financing Activities | $-300.94M | $-2.24M | $66.80M | $- | $- | $-2.24M | $2.10M | $- | $- | $-2.36M |
| Net Cash Used Provided by Financing Activities | $-218.05M | $-196.47M | $-442.38M | $-136.32M | $-290.24M | $-265.60M | $606.00M | $-211.81M | $-260.99M | $-34.01M |
| Effect of Forex Changes on Cash | $13.00M | $-8.92M | $-26.43M | $2.14M | $1.83M | $-7.00M | $-12.68M | $2.60M | $-1.55M | $-10.99M |
| Net Change in Cash | $144.82M | $29.60M | $-340.62M | $295.19M | $54.20M | $15.48M | $-3.96M | $6.46M | $-1.11M | $-33.09M |
| Cash at End of Period | $282.27M | $137.45M | $107.84M | $448.46M | $153.27M | $99.07M | $83.59M | $87.55M | $81.09M | $82.20M |
| Cash at Beginning of Period | $137.45M | $107.84M | $448.46M | $153.27M | $99.07M | $83.59M | $87.55M | $81.09M | $82.20M | $115.29M |
| Operating Cash Flow | $439.09M | $308.54M | $193.64M | $464.67M | $349.49M | $390.61M | $299.29M | $307.54M | $435.38M | $287.43M |
| Capital Expenditure | $-96.28M | $-76.50M | $-52.87M | $-37.69M | $-47.09M | $-99.07M | $-127.14M | $-92.34M | $-175.69M | $-286.61M |
| Free Cash Flow | $342.81M | $232.04M | $140.77M | $426.98M | $302.40M | $291.54M | $172.15M | $215.20M | $259.69M | $817.00K |