0001628280-26-007587
SEC filingCurtiss-Wright Corporation reported strong financial results for fiscal year 2025, with net sales of $3.50 billion and net earnings of $484.2 million. The company achieved a gross profit of $1.30 billion and operating income of $633.5 million, demonstrating solid operational performance. Earnings per share were $13.00 for both basic and diluted calculations. The company generated $643.4 million in operating cash flow, which supported significant capital allocation activities including $464.9 million in stock repurchases and $34.7 million in dividend payments. The balance sheet remained robust with total assets of $5.22 billion and stockholders' equity of $2.53 billion. The company maintained a strong liquidity position with $371.3 million in cash and cash equivalents, while managing total liabilities of $2.69 billion, including $757.9 million in long-term debt. The financial results reflect effective execution across the company's business segments and disciplined capital management.
Curtiss-Wright Corporation delivered solid financial performance for fiscal year 2025, reporting net sales of $3.50 billion and net earnings of $484.2 million. The company achieved a gross profit of $1.30 billion on cost of sales of $2.20 billion, resulting in a gross margin of 37.1%. Operating income reached $633.5 million after accounting for research and development expenses of $95.2 million, selling expenses of $168.7 million, general and administrative expenses of $399.6 million, and restructuring expenses of $4.5 million. Earnings before income taxes were $620.0 million, with a provision for income taxes of $135.8 million. The company reported both basic and diluted earnings per share of $13.00, based on weighted average shares outstanding of 37.4 million basic and 37.6 million diluted shares.
The company reported net sales of $3.50 billion for fiscal year 2025. The document does not provide segment breakdown, geographic mix, or specific growth drivers beyond the aggregate revenue figure. All revenue-related information is limited to the total net sales figure of $3.50 billion as reported in the income statement. No further details about revenue composition, segment performance, or specific growth drivers are disclosed in the provided data.
The company maintained healthy profitability metrics with a gross margin of 37.1% based on gross profit of $1.30 billion on net sales of $3.50 billion. Operating margin was 18.1% calculated from operating income of $633.5 million divided by net sales of $3.50 billion. The cost structure included significant selling, general and administrative expenses totaling $568.3 million (selling expenses of $168.7 million plus general and administrative expenses of $399.6 million), representing 16.2% of net sales. Research and development expenses were $95.2 million (2.7% of net sales), while restructuring expenses were minimal at $4.5 million. Interest expense of $43.1 million was partially offset by other income of $29.6 million.
The company generated strong operating cash flow of $643.4 million, driven by net earnings of $484.2 million adjusted for non-cash items including depreciation and amortization of $124.8 million and favorable working capital changes. Free cash flow, calculated as operating cash flow of $643.4 million minus capital expenditures of $89.7 million, was $553.3 million. The balance sheet shows total assets of $5.22 billion, including current assets of $2.02 billion with cash and cash equivalents of $371.3 million, receivables of $932.3 million, and inventories of $615.1 million. Total liabilities were $2.69 billion, including current liabilities of $1.41 billion and long-term debt of $757.9 million. Stockholders' equity was $2.53 billion, resulting in a debt-to-equity ratio of 0.30.
The provided document does not contain any forward-looking statements, management guidance, strategic priorities, or specific risk factors. The analysis is limited to the historical financial data presented in the income statement, balance sheet, and cash flow statement for fiscal year 2025. No information about future expectations, strategic initiatives, or risk factors is included in the provided financial data sections.