Woodward, Inc.(WWD)Stock Analysis
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Rank #325 of 2,879 stocksTOP 25%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
WWD Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Woodward, Inc. (WWD), a Technology sector company. 13F Pro's AI-powered ranking engine scores WWD at 70.2/100 on a 32-signal composite quality model, placing it at rank #325 of 2,879 stocks — the top 25% of the AI-ranked universe. WWD scores in the top quartile across balance sheet strength (87.6). Based on the latest XBRL financial filings (Q2 2026), Woodward, Inc. reports quarterly revenue of $1.1B, net income of $134.0M, an operating margin of 15.3%. Top institutional holders of WWD by reported 13-F value include BlackRock,, VANGUARD CAPITAL MANAGEMENT, VANGUARD PORTFOLIO MANAGEMENT, based on the most recent SEC filings. WWD trades on the Nasdaq exchange and files with the SEC under CIK 108312. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate WWD daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Woodward, Inc. directly from SEC EDGAR. Woodward, Inc.'s 13F Pro composite quality score has ranged between 8 and 76 since 2021, currently 70.2 — an improving long-term trajectory across 56 quarterly and live scoring snapshots.
What's Driving WWD's Business? Latest 10-Q Breakdown
AI-extracted from Woodward, Inc.'s 10-Q filed 2026-04-30 — Q2 FY2026 (six months ended March 31, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Woodward delivered 26% revenue growth to $2.09B and 36% net earnings growth to $268M, driven by strong Aerospace and Industrial demand, while expanding gross margins and raising full-year investments in manufacturing and R&D.
Biggest Revenue Drivers
Total revenue: $2,087,022K+26.0% YoY
Increased airframer production rates, sustained aircraft utilization, higher LEAP and GTF activity, and strong spare LRU sales.
Higher sales volumes, price realization, and favorable foreign currency impacts across power generation, transportation, and oil and gas.
Largest Expense Items
Early-stage efforts to compete for next single-aisle aircraft platform and next-generation aircraft program investments.
Reserve for product performance claim, higher project-related costs, increased labor costs, and variable compensation.
Margins: Gross margin expanded to 29.1% for the six months ended March 31, 2026 from 25.9% in the prior year, primarily due to higher sales volumes and price realization. Operating margin benefited from operating leverage, though strategic investments in R&D and manufacturing capabilities to support future growth partially offset margin expansion.
Watch Items from the Filing
- China on-highway wind-down: $6.8M restructuring charges recorded in Q2, with additional ~$13M expected in fiscal 2026 including equipment relocation, depreciation, and inventory write-offs.
- Tariff exposure: Company is importer of record for merchandise subject to IEEPA tariffs; recovery process went live April 20, 2026 with significant uncertainty on timing, amount, and customer pass-through.
- Customer concentration: GE Aerospace, Boeing, RTX (Aerospace); Rolls-Royce, Caterpillar (Industrial) represent significant portions of respective segment sales.
- Capital intensity: Company is investing significantly in South Carolina manufacturing facility (operational 2027) and next-generation aircraft R&D, with capital expenditures expected to increase meaningfully in H2 2026.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Revenue
Q2 2026
$1.1B
Net Income
Q2 2026
$134.0M
Free Cash Flow
Q2 2026
$38.2M
Operating Margin
Q2 2026
15.3%
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+7.3% YoYNet Income
+18.5% YoYEPS (Diluted)
+19.6% YoYTotal Assets
+6.0% YoYTotal Debt
-13.9% YoYOp. Cash Flow
+7.3% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Revenue | $3.57B +7.3% | $3.32B +14.1% | $2.91B +22.3% | $2.38B -4.5% | $2.50B -13.9% | $2.90B |
| Net Income | $442.1M +18.5% | $373.0M +60.5% | $232.4M +35.3% | $171.7M -28.6% | $240.4M -7.4% | $259.6M |
| EPS (Diluted) | $7.19 +19.6% | $6.01 +59.0% | $3.78 +39.5% | $2.71 -27.5% | $3.74 -7.0% | $4.02 |
| Total Assets | $4.63B +6.0% | $4.37B +8.9% | $4.01B +5.4% | $3.81B -2.5% | $3.90B -1.3% | $3.96B |
| Total Debt | $825.1M -13.9% | $958.2M +20.2% | $797.3M +2.5% | $778.3M -17.2% | $940.1M -13.3% | $1.08B |
| Operating Cash Flow | $471.3M +7.3% | $439.1M +42.3% | $308.5M +59.3% | $193.6M -44.6% | $349.5M -10.5% | $390.6M |
AI Insight: WWD Financial Trends
Revenue surged 28% from Q2 2024 to Q1 2026, but Q1 2026 debt jumped 40% quarter-over-quarter while operating cash flow collapsed.
• Revenue climbed from $848M (Q2 2024) to $1,091M (Q1 2026), a 28% gain driven by consistent growth.
• Net income expanded 31% from $102M (Q2 2024) to $134M (Q1 2026), demonstrating improved profitability.
• Operating cash flow averaged $132M over last four quarters but fell to $91M in Q1 2026, down 61% from Q3 2025 peak.
⚠ Total debt surged to $1,123M in Q1 2026, a $235M spike from Q4 2025 despite equity growth. Debt-to-equity ratio worsened.
⚠ Operating cash flow volatility persists; Q1 2026 slump raises working capital or collection concerns despite revenue strength.
AI Insight: WWD Ratio Trends
Operating margin and ROIC strengthened significantly through 2025, though Q1 2026 shows modest pullback and leverage ticked up.
• Operating margin expanded from 14.4% in Q2 2024 to peak of 17.0% in Q4 2025, with TTM now 15.6%.
• ROIC climbed from 15.8% in Q2 2024 to 19.5% in Q4 2025, indicating improved capital efficiency.
• Debt-to-equity declined from 0.44 in Q2 2024 to 0.32 in Q3 2025, strengthening balance sheet.
⚠ Operating margin and ROIC both fell in Q1 2026 vs Q4 2025 (17.0%→15.3% OpMargin, 19.5%→18.4% ROIC).
⚠ Debt-to-equity rebounded to 0.44 in Q1 2026, highest level since Q2 2024, reversing deleveraging trend.
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Available Research
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Top Institutional Holders of WWD
BlackRock, Inc.
$2.3B6,314,583 shVANGUARD CAPITAL MANAGEMENT LLC
$956.6M2,672,788 shVANGUARD PORTFOLIO MANAGEMENT LLC
$913.4M2,551,860 shEAGLE CAPITAL MANAGEMENT LLC
$882.0M2,464,338 shSTATE STREET CORP
$831.8M2,323,982 shFMR LLC
$789.4M2,205,651 shNewport Trust Company, LLC
$718.4M2,007,149 shGEODE CAPITAL MANAGEMENT, LLC
$590.9M1,650,750 shArtisan Partners Limited Partnership
$504.4M1,409,344 shEARNEST PARTNERS LLC
$462.2M1,291,248 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $2.3B | 6,314,583 |
| VANGUARD CAPITAL MANAGEMENT LLC | $956.6M | 2,672,788 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $913.4M | 2,551,860 |
| EAGLE CAPITAL MANAGEMENT LLC | $882.0M | 2,464,338 |
| STATE STREET CORP | $831.8M | 2,323,982 |
| FMR LLC | $789.4M | 2,205,651 |
| Newport Trust Company, LLC | $718.4M | 2,007,149 |
| GEODE CAPITAL MANAGEMENT, LLC | $590.9M | 1,650,750 |
| Artisan Partners Limited Partnership | $504.4M | 1,409,344 |
| EARNEST PARTNERS LLC | $462.2M | 1,291,248 |
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Is WWD a good stock to buy?
13F Pro's AI-powered analysis of Woodward, Inc. (WWD) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Technology sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for WWD are available on the WWD stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own WWD?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling WWD. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Woodward, Inc.'s investment landscape.