Woodward

OverviewSuggest Edit

Woodward is a company operating as a designer, manufacturer, and service provider of control solutions for the aerospace and industrial markets. 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, USMap
Websitewoodward.com
Employee Ratings3.4More
View Jobs (12)

Recent NewsAll News

Latest Updates

Employees (est.) (Oct 2019)9,000(+9%)
Job Openings12
Revenue (FY, 2019)$2.9 B(+25%)
Share Price (Aug 2020)$85.7
Cybersecurity ratingDMore

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
Christopher Fawzy

Christopher Fawzy

Corporate Vice President, General Counsel, Corporate Secretary & Chief Compliance Officer
John Tysver

John Tysver

Corporate Vice President, Technology
Dan Bowman

Dan Bowman

Corporate Vice President Strategy & Business Development
Matteo Pisciotta

Matteo Pisciotta

Corporate Vice President, Global Sourcing
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Woodward Office Locations

Woodward has offices in Fort Collins, Avon Lake, Duarte, Fort Lauderdale and in 30 other locations
Fort Collins, US (HQ)
1081 Woodward Way
Avon Lake, US
760 Moore Rd
Duarte, US
1700 Business Center Dr
Fort Collins, US
1000 E Drake Rd
Fort Collins, US
1041 Woodward Way
Fort Lauderdale, US
215 SW 32nd St
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Woodward Financials and Metrics

Woodward Revenue

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Woodward's revenue was reported to be $2.90 b in FY, 2019 which is a 24.7% increase from the previous period.
USD

Revenue (Q3, 2020)

523.8m

Gross profit (Q3, 2020)

128.3m

Gross profit margin (Q3, 2020), %

24.5%

Net income (Q3, 2020)

38.5m

Market capitalization (12-Aug-2020)

5.3b

Closing stock price (12-Aug-2020)

85.7

Cash (30-Jun-2020)

101.4m

EV

6.2b
Woodward's current market capitalization is $5.3 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

2.1b2.3b2.9b

Revenue growth, %

4%11%25%

Cost of goods sold

1.5b1.7b2.2b

Gross profit

572.6m606.2m707.5m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

470.1m548.2m588.1m652.8m758.8m752.0m720.4m720.2m523.8m

Cost of goods sold

346.8m401.3m427.9m492.2m566.8m562.5m534.9m517.5m395.5m

Gross profit

123.4m146.9m160.2m160.6m192.0m189.5m185.4m202.7m128.3m

Gross profit Margin, %

26%27%27%25%25%25%26%28%24%
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Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

181.5m180.8m200.5m180.4m259.6m

Depreciation and Amortization

75.2m69.0m80.9m116.1m142.0m

Inventories

(8.8m)(17.7m)(10.9m)(7.7m)(49.2m)

Accounts Payable

3.0m17.5m64.7m(2.3m)48.0m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

25.8m66.6m117.7m46.5m84.7m138.3m18.3m56.7m105.9m49.1m126.7m192.8m53.4m144.7m183.2m

Depreciation and Amortization

17.1m32.6m49.9m18.9m39.0m59.6m21.1m43.1m72.1m75.5m110.8m32.5m65.5m97.6m

Inventories

(25.1m)(45.9m)(56.2m)(37.6m)(48.0m)(48.1m)(28.8m)(32.3m)(46.0m)43.5m93.7m(17.1m)(29.0m)(6.4m)

Accounts Payable

(56.8m)(10.7m)(6.5m)(54.6m)(23.8m)2.3m(104.1m)(63.7m)(29.6m)34.3m32.1m(79.5m)(78.9m)(124.2m)
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USDFY, 2015

Debt/Equity

0.7 x

Debt/Assets

0.3 x

Financial Leverage

2.2 x
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Woodward Operating Metrics

Woodward's Backlog was reported to be $1.3b in FY, 2019.
FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Backlog

$827.87 m$779.68 m$875.19 m$1.02 b$1.65 b$1.30 b

Backlog (Aerospace)

$566.13 m$571.33 m$685.79 m$825.10 m$1.36 b$949.52 m

Backlog (Industrial)

$189.40 m$189.28 m$292.90 m$353.98 m

Backlog (Energy)

$261.74 m$208.35 m
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Woodward Acquisitions / Subsidiaries

Company NameDateDeal Size
L'OrangeApril 09, 2018$859 m
MotoTron CorporationOctober 06, 2008
MPC Products CorpAugust 19, 2008
Leonhard-ReglerbauMarch 06, 2002
Convergence Fuel Systems, LLC (Joint Venture)
Fluid Mechanics, LLC
L’Orange Fuel Injection (Ningbo) Co., LTD
L’Orange Fuel Injection Trading (Suzhou) Co., LTD
MPC Export Corporation
MPC Products Corporation dba Woodward MPC, Inc.
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Woodward Cybersecurity Score

Cybersecurity ratingPremium dataset

D

67/100

Learn more about about our premium products
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Woodward Revenue Breakdown

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Woodward revenue breakdown by business segment: 35.2% from Industrial and 64.8% from Aerospace

Woodward revenue breakdown by geographic segment: 5.5% from Other Countries, 13.1% from Asia, 25.3% from Europe and 56.1% from United States

Woodward Online and Social Media Presence

Woodward's Trends

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Woodward News and Updates

April 06, 2020

Woodward, Hexcel End Aerospace Merger Pact, Citing Pandemic

Woodward, Hexcel End Aerospace Merger Pact, Citing Pandemic
April 06, 2020

Woodward Implements Actions in Response to the Economic Impact of COVID-19 and Adopts Stockholder Rights Plan

FORT COLLINS, Colo., April 06, 2020 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ: WWD) today announced a series of immediate initiatives to address the economic challenges resulting from the coronavirus (COVID-19) pandemic, which Woodward believes will result in an extended period of uncertainty.
February 09, 2020

Remembering organic chemistry legend Robert Burns Woodward (2017)

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February 03, 2020

Woodward Reports First Quarter Fiscal Year 2020 Results

FORT COLLINS, Colo., Feb. 03, 2020 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ:WWD) today reported financial results for its first quarter of fiscal year 2020 ending December 31, 2019. (All amounts are presented on an as reported (U.S. GAAP) basis unless otherwise indicated. All per share amounts a…
January 29, 2020

Woodward Increases Dividend by 72 Percent

FORT COLLINS, Colo., Jan. 29, 2020 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ:WWD) today announced that its Board of Directors declared a cash dividend of $0.28 per share for the quarter, payable on March 3, 2020 for stockholders of record as of February 18, 2020.  The $0.28 per share dividend, wh…
January 13, 2020

The Wall Street Journal: Aerospace parts-makers Woodward, Hexcel plan to merge

Aerospace suppliers Woodward Inc. and Hexcel Corp. set plans for an all-stock merger in what executives said was a response to the rising tide of climate-change pressures facing the industry.
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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 Christopher Fawzy.

  • How many employees does Woodward have?

    Woodward has 9,000 employees.

  • What is Woodward revenue?

    Latest Woodward annual revenue is $2.9 b.

  • What is Woodward revenue per employee?

    Latest Woodward revenue per employee is $322.2 k.

  • Who are Woodward competitors?

    Competitors of Woodward include Moog, Parker-Hannifin and Eaton.

  • 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, Duarte, Fort Lauderdale and in 30 other locations.

  • How many offices does Woodward have?

    Woodward has 39 offices.