Woodward profit margin WWD
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 13.2%
- Operating margin, 12 months
- 15.6%
- Net margin on a year earlier
- +1.9 pts
- Peer median
- 6.2%
Over the twelve months to Jun 30, 2026, Woodward kept 13.2% of its revenue as net profit, with an operating margin of 15.6% and a gross margin of 29.5%.
Five years earlier its net margin was 9.8%.
The median for 10 aerospace and defense stocks of a similar size is 6.2%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 12.4% | 13.4% | 26.8% |
| FY2024 | 11.2% | 12.9% | 26.4% |
| FY2023 | 8.0% | 9.3% | 23.3% |
| FY2022 | 7.2% | 8.6% | 22.0% |
| FY2021 | 9.3% | 10.8% | 24.5% |
| FY2020 | 9.6% | 9.2% | 25.7% |
| FY2019 | 9.0% | 11.6% | 24.4% |
| FY2018 | 7.8% | 10.5% | 25.9% |
| FY2017 | 9.6% | 12.8% | 27.3% |
| FY2016 | 8.9% | 11.8% | 27.1% |
| FY2015 | 8.9% | 12.9% | 28.7% |
| FY2014 | 8.3% | 12.4% | 28.8% |
| FY2013 | 7.5% | 11.6% | 28.9% |
| FY2012 | 7.6% | 11.9% | 30.1% |
| FY2011 | 7.7% | 12.5% | 30.0% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q3 FY26 | 13.2% | +1.9 pts | 15.6% | |
| Q2 FY26 | 12.9% | +1.5 pts | 14.8% | |
| Q1 FY26 | 12.9% | +1.7 pts | 14.5% | |
| Q4 FY25 | 12.4% | +1.2 pts | 13.4% | |
| Q3 FY25 | 11.3% | −0.1 pts | 12.4% | |
| Q2 FY25 | 11.4% | +0.3 pts | 12.6% | |
| Q1 FY25 | 11.2% | +1.7 pts | 12.7% | |
| Q4 FY24 | 11.2% | +3.2 pts | 12.9% | |
| Q3 FY24 | 11.5% | +4.1 pts | 13.1% | |
| Q2 FY24 | 11.1% | +5.0 pts | 12.9% | |
| Q1 FY24 | 9.5% | +2.5 pts | 10.9% | |
| Q4 FY23 | 8.0% | +0.8 pts | 9.3% |
Against its peers
Companies in Aerospace & Defense nearest Woodward's size, closest first, today.
| Company | Profit margin |
|---|---|
| WWDWoodward | 13.2% |
| CWCurtiss-Wright | 14.8% |
| FTAIFTAI Aviation | 15.9% |
| TXTTextron | 6.1% |
| HIIHuntington Ingalls Industries | 5.0% |
| AXONAxon Enterprise | 6.2% |
| DRSLeonardo DRS | 8.5% |
| HEIHEICO | 16.4% |
| KTOSKratos Defense & Security Solutions | 2.0% |
| SAROStandardAero | 5.1% |
| LHXL3Harris Technologies | n/m |
| Peer median | 6.2% |
Where Woodward ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Woodward
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.