OverviewSuggest Edit

Woodward is a a designer, manufacturer and service provider of energy control and optimization solutions. The Company offers such products as actuation systems, air valves, controllers, combustion systems, electrical systems, electronic and emissions controls, engineering services, flight control systems, fuel controls, filters, and injection systems, gears and gearing, genset controllers, heat exchanges, integrated hydraulic manifolds and sensor systems, motors and servomotors, natural gas engine control systems, power station control systems, protection relays, pumps, solenoids and accessories, speed sensors and switches, spark plugs, turbine control systems, valves, and wind converters.

TypePublic
Founded1870
HQFort Collins, US
Websitewoodward.com
Employee Ratings3.6

Latest Updates

Employees (est.) (Feb 2019)8,277
Job Openings125
Revenue (FY, 2018)$2.3 B(+11%)
Share Price (Mar 2019)$96.1 (+2%)

Key People/Management at Woodward

Tom Gendron

Tom Gendron

Chairman of the Board, Chief Executive Officer and President
Robert F. Weber

Robert F. Weber

Vice Chairman Chief Financial Officer
Jonathan W. Thayer

Jonathan W. Thayer

Vice Chairman Corporate Operations
Dan Bowman

Dan Bowman

Corporate Vice President Strategy & Business Development
A. Christopher Fawzy

A. Christopher Fawzy

Corporate Vice President General Counsel, Secretary and Chief Compliance Officer
Steven J. Meyer

Steven J. Meyer

Corporate Vice President Human Resources
Show more

Woodward Office Locations

Woodward has offices in Fort Collins, Zeeland, Loves Park, Santa Clarita and in 31 other locations
Fort Collins, US (HQ)
1081 Woodward Way
Avon Lake, US
760 Moore Rd
Duarte, US
1700 Business Center Dr
Fort Lauderdale, US
215 SW 32nd St
Greenville, US
201 Forrester Dr #1a
Loveland, US
3800 Wilson Ave
Show all (37)
Report incorrect company information

Woodward Financials and Metrics

Woodward Revenue

Embed Graph
View revenue for all periods
Woodward's revenue was reported to be $2.33 b in FY, 2018 which is a 10.8% increase from the previous period.
USD

Revenue (Q1, 2019)

652.8m

Gross profit (Q1, 2019)

160.6m

Gross profit margin (Q1, 2019), %

24.6%

Net income (Q1, 2019)

49.1m

EBIT (Q1, 2019)

73.0m

Market capitalization (18-Mar-2019)

6.0b

Closing stock price (18-Mar-2019)

96.1

Cash (31-Dec-2018)

71.6m

EV

7.1b
Woodward's current market capitalization is $6 b.
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018

Revenue

2.0b2.0b2.1b2.3b

Revenue growth, %

2%(1%)4%11%

Cost of goods sold

1.5b1.5b1.5b1.7b

Gross profit

584.6m547.5m572.6m606.2m
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Revenue

445.1m479.4m507.7m442.9m500.4m548.6m470.1m548.2m588.1m652.8m

Cost of goods sold

333.4m346.1m370.7m327.2m365.2m392.8m346.8m401.3m427.9m492.2m

Gross profit

111.7m133.2m136.9m115.7m135.2m155.8m123.4m146.9m160.2m160.6m

Gross profit Margin, %

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

Cash

82.2m81.1m87.6m83.6m

Accounts Receivable

322.2m343.8m402.2m431.8m

Inventories

447.7m461.7m473.5m549.6m

Current Assets

917.4m944.4m1.0b1.1b
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Cash

84.4m84.7m118.1m80.9m79.0m89.0m85.8m100.1m114.4m71.6m

Accounts Receivable

245.9m276.8m291.2m252.8m279.9m317.9m331.4m365.4m386.1m489.5m

Inventories

469.8m492.7m500.0m493.8m506.3m508.3m503.5m509.0m589.4m524.5m

Current Assets

908.1m892.2m950.5m884.8m910.5m965.6m979.2m1.0b1.1b1.1b
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018

Net Income

181.5m180.8m200.5m180.4m

Depreciation and Amortization

75.2m69.0m80.9m116.1m

Inventories

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

Accounts Payable

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

Net Income

25.8m66.6m117.7m46.5m84.7m138.3m18.3m56.7m105.9m

Depreciation and Amortization

17.1m32.6m49.9m18.9m39.0m59.6m21.1m43.1m72.1m

Inventories

(25.1m)(45.9m)(56.2m)(37.6m)(48.0m)(48.1m)(28.8m)(32.3m)(46.0m)

Accounts Payable

(56.8m)(10.7m)(6.5m)(54.6m)(23.8m)2.3m(104.1m)(63.7m)(29.6m)
USDY, 2018

EV/EBIT

96.9 x

EV/CFO

83.6 x

Revenue/Employee

78.7k

Debt/Equity

0.7 x

Debt/Assets

0.3 x

Financial Leverage

2.4 x
Show all financial metrics

Woodward Operating Metrics

Woodward's Backlog was reported to be $1.6b in FY, 2018.
FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Backlog

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

Backlog (Aerospace)

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

Backlog (Industrial)

$189.40 m$189.28 m$292.90 m

Backlog (Energy)

$261.74 m$208.35 m
Show all operating metrics

Woodward Acquisitions / Subsidiaries

Acquired CompanyDateDeal 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.
Show more

Woodward Revenue Breakdown

Embed Graph

Woodward revenue breakdown by business segment: 67.0% from Aerospace and 33.0% from Industrial

Woodward revenue breakdown by geographic segment: 58.1% from United States, 23.8% from Europe, 12.2% from Asia and 5.9% from Other Countries

Report incorrect company information

Woodward Online and Social Media Presence

Embed Graph
Report incorrect company information

Woodward News and Updates

UNITED IN SAVING LIVES: Helen Woodward Animal Center Partners with UK-Based Battersea Dogs & Cats Home to Provide Unparalleled Dual-Country Animal Welfare Training

RANCHO SANTA FE, Calif., March 18, 2019 /PRNewswire/ -- Through The Business of Saving Lives, Helen Woodward Animal Center has demonstrated its dedication to saving the lives of orphan pets, not only within its San Diego-based facility, but within shelters and rescues across the globe....

Woodward Angels Launches as Detroit's First Angel Investment Group

DETROIT, March 5, 2019 /PRNewswire/ -- Grand Rapids-based Grand Angels, one of the state's most prominent angel investor groups, in collaboration with a consortium of Detroit investors, today announced the launch of Woodward Angels, Detroit's first Angel Group. "Michigan presents the...

Scoop: Bob Woodward writes email to Jeff Bezos: "It's Watergate redux"

Bob Woodward — author of "FEAR: Trump in the White House," and an associate editor of The Washington Post, where he has worked since 1971 — wrote an email of support on Friday to Post owner Jeff Bezos, following his Medium post defying the National Enquirer:Jeff:  Proud of you for stepping forward i…

Aircraft Fuel Systems Market Huge Demand & Future Scope Including Top Players: Eaton, Parker Hannifin, Woodward, Honeywell, UTC Aerospace

System that enables the staff to pump, deliver and even manage fuel to APU and propulsion system of the aircraft is termed as aircraft fuel systems market. Furthermore, these fuel systems may vary depending upon the various performance of an aircraft, where the system is installed. Besides this, the…

Woodward Increases Dividend by 14 Percent

FORT COLLINS, Colo., Jan. 31, 2019 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ:WWD) today announced that its Board of Directors declared a cash dividend of $0.1625 per share for the quarter, an increase of 14 percent. The dividend will be payable on March 5, 2019, for stockholders of record as of F…

Woodward Reports First Quarter Fiscal Year 2019 Results

FORT COLLINS, Colo., Jan. 28, 2019 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ:WWD) today reported financial results for its first quarter of fiscal year 2019 ending December 31, 2018.  (All amounts are presented on an as reported (U.S. GAAP) basis unless otherwise indicated. All per share amounts …
Show more
Report incorrect company information

Woodward Frequently Asked Questions

  • When was Woodward founded?

    Woodward was founded in 1870.

  • Who are Woodward key executives?

    Woodward's key executives are Tom Gendron, Robert F. Weber and Jonathan W. Thayer.

  • How many employees does Woodward have?

    Woodward has 8,277 employees.

  • What is Woodward revenue?

    Latest Woodward annual revenue is $2.3 b.

  • What is Woodward revenue per employee?

    Latest Woodward revenue per employee is $281 k.

  • Who are Woodward competitors?

    Competitors of Woodward include CenterPoint Energy, Astronics and Encore Wire.

  • Where is Woodward headquarters?

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

  • Where are Woodward offices?

    Woodward has offices in Fort Collins, Zeeland, Loves Park, Santa Clarita and in 31 other locations.

  • How many offices does Woodward have?

    Woodward has 37 offices.