Woodward

OverviewSuggest Edit

Woodward is a designer, manufacturer, and service provider of energy control solutions. It operates in two segments: Aerospace and Industrial. The Aerospace segment offers fuel pumps, metering units, actuators, air valves, specialty valves, fuel nozzles, and thrust reverser actuation systems for turbine engines and nacelles, as well as flight deck controls, actuators, servocontrols, motors, and sensors for aircraft. The Industrial segment supplies actuators, valves, pumps, fuel injection systems, solenoids, ignition systems, speed controls, electronics and software, power converters, sensors, and other devices that measure, communicate, and protect electrical distribution systems.
TypePublic
Founded1870
HQFort Collins, CO, USMap
Websitewoodward.com
Employee Ratings3.4More
Overall CultureBMore
View Jobs (212)

Locations

Woodward is headquartered in
Fort Collins, United States

Location Map
All Locations (32)

Latest Updates

Employees (est.) (Oct 2021)7,200(+2%)
Job Openings212
Revenue (FY, 2021)$2.2 B(-10%)
Share Price (May 2022)$99.9(+2%)
Cybersecurity ratingCMore
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Key People/Management at Woodward

Thomas A. Gendron

Thomas A. Gendron

Chairman of the Board, Chief Executive Officer, and President
Tom Cromwell

Tom Cromwell

Vice Chairman, Chief Operating Officer
Mark D. Hartman

Mark D. Hartman

Chief Financial Officer
A. Christopher Fawzy

A. Christopher Fawzy

Corporate Vice President, General Counsel, Corporate Secretary & Chief Compliance Officer
Paul Benson

Paul Benson

Corporate Vice President, Human Resources
Matteo Pisciotta

Matteo Pisciotta

Corporate Vice President, Global Sourcing
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Woodward Office Locations

Woodward has offices in Fort Collins, Avon Lake, Fort Lauderdale, Greenville and in 23 other locations
Fort Collins, CO, US (HQ)
1081 Woodward Way
Avon Lake, OH, US
760 Moore Rd
Fort Collins, CO, US
1000 E Drake Rd
Fort Collins, CO, US
1041 Woodward Way
Fort Lauderdale, FL, US
215 SW 32nd St
Greenville, SC, US
201 Forrester Dr #1a
Show all (32)

Woodward Financials and Metrics

Woodward Revenue

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View revenue for all periods
Woodward's revenue was reported to be $2.25 b in FY, 2021 which is a 10% decrease from the previous period.
USD

Revenue (Q1, 2022)

541.6m

Gross profit (Q1, 2022)

122.4m

Gross profit margin (Q1, 2022), %

22.6%

Net income (Q1, 2022)

30.3m

EBIT (Q1, 2022)

46.7m

Market capitalization (13-May-2022)

6.3b

Closing stock price (13-May-2022)

99.9

Cash (31-Dec-2021)

427.0m

EV

6.6b
Woodward's current market capitalization is $6.3 b.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

2.9b2.5b2.2b

Revenue growth, %

25%(14%)(10%)

Cost of goods sold

2.2b1.9b1.7b

Gross profit

707.5m640.2m551.1m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

652.8m758.8m752.0m720.4m720.2m523.8m537.6m581.3m556.7m541.6m

Cost of goods sold

492.2m566.8m562.5m534.9m517.5m395.5m401.6m434.2m422.5m419.2m

Gross profit

160.6m192.0m189.5m185.4m202.7m128.3m136.0m147.1m134.2m122.4m

Gross profit Margin, %

25%25%25%26%28%24%25%25%24%23%
show all
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

99.1m153.3m448.5m

Accounts Receivable

591.5m538.0m523.1m

Inventories

516.8m437.9m420.0m

Current Assets

1.3b1.2b1.5b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Cash

148.0m102.8m101.4m201.9m287.6m362.0m427.0m

Accounts Receivable

572.4m601.2m537.5m509.7m588.1m571.9m506.2m

Inventories

520.3m530.9m505.9m445.5m422.3m427.5m451.8m

Current Assets

1.3b1.3b1.2b1.2b1.4b1.4b1.4b
show all
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

259.6m240.4m208.6m

Depreciation and Amortization

142.0m131.2m129.5m

Inventories

(49.2m)61.0m18.9m

Accounts Payable

48.0m(153.3m)61.8m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Net Income

53.4m144.7m183.2m41.6m109.9m158.7m30.3m

Depreciation and Amortization

32.5m65.5m97.6m33.1m65.6m97.8m30.7m

Inventories

(17.1m)(29.0m)(6.4m)(2.5m)16.9m13.6m(32.9m)

Accounts Payable

(79.5m)(78.9m)(124.2m)22.7m53.6m51.3m(32.1m)
show all
USDQ1, 2019

Revenue/Employee

78.7k
Show all financial metrics

Woodward Operating Metrics

Woodward's Backlog was reported to be $1.3b in FY, 2021.
FY, 2019FY, 2020FY, 2021

Backlog

$1.3 b$1.37 b$1.27 b

Backlog (Aerospace)

$949.52 m$1.16 b$1.01 b

Backlog (Industrial)

$353.98 m$209.3 m$261.07 m

Plants

151515
Show all operating metrics

Woodward Acquisitions / Subsidiaries

Company NameDateDeal Size
Fluid Mechanics LLCJune 01, 2018
L'OrangeJune 01, 2018$859 m
Integral Drive Systems AGMarch 31, 2012$48.41 m
HR Textron Inc.April 03, 2009$380.75 m
MotoTron CorporationOctober 06, 2008$17.24 m
MPC Products CorpOctober 01, 2008
Techni-Core, Inc.October 01, 2008$370.44 m
Schaltanlagen-Elektronik-Geräte GmbH & Co. KGOctober 31, 2006$35.29 m
Synchro-Start Products, Inc.May 31, 2003
Nolff's Carburetion, Inc.December 31, 2002
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Woodward Revenue Breakdown

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Woodward revenue breakdown by business segment: 62.5% from Aerospace and 37.5% from Industrial

Woodward revenue breakdown by geographic segment: 56.9% from United States, 6.2% from Other Countries, 13.0% from Europe, excluding Germany, 8.2% from Germany, 9.5% from China and 6.1% from Asia, excluding China

Woodward Cybersecurity Score

Cybersecurity ratingPremium dataset

C

74/100

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Woodward Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

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Woodward Online and Social Media Presence

Woodward's Trends

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Woodward Company Culture

  • Overall Culture

    B

    70/100

  • CEO Rating

    B

    70/100

  • Compensation

    C

    65/100

  • Diversity

    D+

    58/100

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 Woodward Frequently Asked Questions

  • When was Woodward founded?

    Woodward was founded in 1870.

  • Who are Woodward key executives?

    Woodward's key executives are Thomas A. Gendron, Tom Cromwell and Mark D. Hartman.

  • How many employees does Woodward have?

    Woodward has 7,200 employees.

  • What is Woodward revenue?

    Latest Woodward annual revenue is $2.2 b.

  • What is Woodward revenue per employee?

    Latest Woodward revenue per employee is $311.9 k.

  • Who are Woodward competitors?

    Competitors of Woodward include ITT, Meggitt and HOERBIGER.

  • Where is Woodward headquarters?

    Woodward headquarters is located at 1081 Woodward Way, Fort Collins.

  • Where are Woodward offices?

    Woodward has offices in Fort Collins, Avon Lake, Fort Lauderdale, Greenville and in 23 other locations.

  • How many offices does Woodward have?

    Woodward has 32 offices.