CURTISS-WRIGHT CORP (CW) Stock Fundamental Analysis
NYSE:CW - New York Stock Exchange, Inc. - US2315611010 - Common Stock - Currency: USD
Taking everything into account, CW scores 7 out of 10 in our fundamental rating. CW was compared to 66 industry peers in the Aerospace & Defense industry. CW gets an excellent profitability rating and is at the same time showing great financial health properties. CW is valied quite expensively at the moment, while it does show a decent growth rate. These ratings would make CW suitable for quality investing!
1. Profitability
1.1 Basic Checks
In the past year CW was profitable.
CW had a positive operating cash flow in the past year.
Each year in the past 5 years CW has been profitable.
In the past 5 years CW always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 8.68%, CW belongs to the top of the industry, outperforming 89.39% of the companies in the same industry.
CW has a Return On Equity of 16.80%. This is amongst the best in the industry. CW outperforms 84.85% of its industry peers.
CW has a Return On Invested Capital of 11.08%. This is amongst the best in the industry. CW outperforms 89.39% of its industry peers.
CW had an Average Return On Invested Capital over the past 3 years of 10.03%. This is in line with the industry average of 8.44%.
The 3 year average ROIC (10.03%) for CW is below the current ROIC(11.08%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.68% | ||
| ROE | 16.8% | ||
| ROIC | 11.08% |
ROA(3y)7.47%
ROA(5y)6.76%
ROE(3y)15.54%
ROE(5y)14.45%
ROIC(3y)10.03%
ROIC(5y)9.53%
1.3 Margins
The Profit Margin of CW (13.37%) is better than 87.88% of its industry peers.
CW's Profit Margin has been stable in the last couple of years.
With an excellent Operating Margin value of 17.89%, CW belongs to the best of the industry, outperforming 89.39% of the companies in the same industry.
In the last couple of years the Operating Margin of CW has grown nicely.
Looking at the Gross Margin, with a value of 37.14%, CW is in the better half of the industry, outperforming 75.76% of the companies in the same industry.
CW's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.89% | ||
| PM (TTM) | 13.37% | ||
| GM | 37.14% |
OM growth 3Y3.26%
OM growth 5Y1.55%
PM growth 3Y7.28%
PM growth 5Y0.97%
GM growth 3Y-0.09%
GM growth 5Y0.48%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CW is still creating some value.
The number of shares outstanding for CW has been reduced compared to 1 year ago.
CW has less shares outstanding than it did 5 years ago.
The debt/assets ratio for CW has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 6.96 indicates that CW is not in any danger for bankruptcy at the moment.
CW has a better Altman-Z score (6.96) than 75.76% of its industry peers.
The Debt to FCF ratio of CW is 1.97, which is an excellent value as it means it would take CW, only 1.97 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of CW (1.97) is better than 92.42% of its industry peers.
A Debt/Equity ratio of 0.37 indicates that CW is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.37, CW is doing good in the industry, outperforming 65.15% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | 1.97 | ||
| Altman-Z | 6.96 |
ROIC/WACC1.05
WACC10.55%
2.3 Liquidity
A Current Ratio of 1.89 indicates that CW should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.89, CW is doing worse than 60.61% of the companies in the same industry.
A Quick Ratio of 1.28 indicates that CW should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.28, CW perfoms like the industry average, outperforming 42.42% of the companies in the same industry.
The current and quick ratio evaluation for CW is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.89 | ||
| Quick Ratio | 1.28 |
3. Growth
3.1 Past
CW shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 18.90%, which is quite good.
The Earnings Per Share has been growing by 8.38% on average over the past years. This is quite good.
Looking at the last year, CW shows a quite strong growth in Revenue. The Revenue has grown by 9.77% in the last year.
The Revenue has been growing slightly by 4.64% on average over the past years.
EPS 1Y (TTM)18.9%
EPS 3Y13.93%
EPS 5Y8.38%
EPS Q2Q%41.71%
Revenue 1Y (TTM)9.77%
Revenue growth 3Y7.67%
Revenue growth 5Y4.64%
Sales Q2Q%12.97%
3.2 Future
Based on estimates for the next years, CW will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.48% on average per year.
The Revenue is expected to grow by 7.70% on average over the next years.
EPS Next Y21.08%
EPS Next 2Y14.07%
EPS Next 3Y12.7%
EPS Next 5Y12.48%
Revenue Next Year10.55%
Revenue Next 2Y8.38%
Revenue Next 3Y7.85%
Revenue Next 5Y7.7%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 41.15, CW can be considered very expensive at the moment.
CW's Price/Earnings is on the same level as the industry average.
CW is valuated rather expensively when we compare the Price/Earnings ratio to 27.51, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 34.04 indicates a quite expensive valuation of CW.
The rest of the industry has a similar Price/Forward Earnings ratio as CW.
The average S&P500 Price/Forward Earnings ratio is at 35.58. CW is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 41.15 | ||
| Fwd PE | 34.04 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CW is on the same level as its industry peers.
Based on the Price/Free Cash Flow ratio, CW is valued a bit cheaper than 78.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 37.31 | ||
| EV/EBITDA | 27.81 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CW does not grow enough to justify the current Price/Earnings ratio.
The excellent profitability rating of CW may justify a higher PE ratio.
A more expensive valuation may be justified as CW's earnings are expected to grow with 12.70% in the coming years.
PEG (NY)1.95
PEG (5Y)4.91
EPS Next 2Y14.07%
EPS Next 3Y12.7%
5. Dividend
5.1 Amount
With a yearly dividend of 0.20%, CW is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 1.20, CW pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.35, CW's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.2% |
5.2 History
The dividend of CW has a limited annual growth rate of 4.82%.
CW has paid a dividend for at least 10 years, which is a reliable track record.
CW has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)4.82%
Div Incr Years8
Div Non Decr Years33
5.3 Sustainability
CW pays out 7.36% of its income as dividend. This is a sustainable payout ratio.
CW's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP7.36%
EPS Next 2Y14.07%
EPS Next 3Y12.7%
NYSE:CW (7/15/2025, 3:20:54 PM)
481.51
-5.63 (-1.16%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners86.68%
Inst Owner Change-0.03%
Ins Owners0.46%
Ins Owner Change5.56%
Market Cap18.15B
Analysts83.53
Price Target437.59 (-9.12%)
Short Float %0.95%
Short Ratio1.03
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.2% |
Yearly Dividend0.83
Dividend Growth(5Y)4.82%
DP7.36%
Div Incr Years8
Div Non Decr Years33
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)8.8%
Min EPS beat(2)2.8%
Max EPS beat(2)14.8%
EPS beat(4)4
Avg EPS beat(4)9.03%
Min EPS beat(4)2.8%
Max EPS beat(4)14.8%
EPS beat(8)8
Avg EPS beat(8)7.78%
EPS beat(12)10
Avg EPS beat(12)5.9%
EPS beat(16)12
Avg EPS beat(16)4.63%
Revenue beat(2)2
Avg Revenue beat(2)1.62%
Min Revenue beat(2)1.36%
Max Revenue beat(2)1.88%
Revenue beat(4)4
Avg Revenue beat(4)2.31%
Min Revenue beat(4)1.36%
Max Revenue beat(4)3.55%
Revenue beat(8)8
Avg Revenue beat(8)3.07%
Revenue beat(12)9
Avg Revenue beat(12)1.35%
Revenue beat(16)10
Avg Revenue beat(16)0.46%
PT rev (1m)5.08%
PT rev (3m)8.94%
EPS NQ rev (1m)0.18%
EPS NQ rev (3m)7.11%
EPS NY rev (1m)0.89%
EPS NY rev (3m)3.64%
Revenue NQ rev (1m)0.04%
Revenue NQ rev (3m)2.43%
Revenue NY rev (1m)0.31%
Revenue NY rev (3m)1.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 41.15 | ||
| Fwd PE | 34.04 | ||
| P/S | 5.65 | ||
| P/FCF | 37.31 | ||
| P/OCF | 32.93 | ||
| P/B | 7.09 | ||
| P/tB | 60.01 | ||
| EV/EBITDA | 27.81 |
EPS(TTM)11.7
EY2.43%
EPS(NY)14.14
Fwd EY2.94%
FCF(TTM)12.91
FCFY2.68%
OCF(TTM)14.62
OCFY3.04%
SpS85.27
BVpS67.9
TBVpS8.02
PEG (NY)1.95
PEG (5Y)4.91
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.68% | ||
| ROE | 16.8% | ||
| ROCE | 14.38% | ||
| ROIC | 11.08% | ||
| ROICexc | 11.75% | ||
| ROICexgc | 29.26% | ||
| OM | 17.89% | ||
| PM (TTM) | 13.37% | ||
| GM | 37.14% | ||
| FCFM | 15.14% |
ROA(3y)7.47%
ROA(5y)6.76%
ROE(3y)15.54%
ROE(5y)14.45%
ROIC(3y)10.03%
ROIC(5y)9.53%
ROICexc(3y)11.07%
ROICexc(5y)10.36%
ROICexgc(3y)31.52%
ROICexgc(5y)29.76%
ROCE(3y)13.02%
ROCE(5y)12.36%
ROICexcg growth 3Y10.1%
ROICexcg growth 5Y1.55%
ROICexc growth 3Y7.83%
ROICexc growth 5Y0.32%
OM growth 3Y3.26%
OM growth 5Y1.55%
PM growth 3Y7.28%
PM growth 5Y0.97%
GM growth 3Y-0.09%
GM growth 5Y0.48%
F-Score7
Asset Turnover0.65
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.37 | ||
| Debt/FCF | 1.97 | ||
| Debt/EBITDA | 1.4 | ||
| Cap/Depr | 58.02% | ||
| Cap/Sales | 2.01% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 80.28% | ||
| Profit Quality | 113.18% | ||
| Current Ratio | 1.89 | ||
| Quick Ratio | 1.28 | ||
| Altman-Z | 6.96 |
F-Score7
WACC10.55%
ROIC/WACC1.05
Cap/Depr(3y)43.06%
Cap/Depr(5y)41.22%
Cap/Sales(3y)1.67%
Cap/Sales(5y)1.73%
Profit Quality(3y)106.77%
Profit Quality(5y)111.65%
High Growth Momentum
Growth
EPS 1Y (TTM)18.9%
EPS 3Y13.93%
EPS 5Y8.38%
EPS Q2Q%41.71%
EPS Next Y21.08%
EPS Next 2Y14.07%
EPS Next 3Y12.7%
EPS Next 5Y12.48%
Revenue 1Y (TTM)9.77%
Revenue growth 3Y7.67%
Revenue growth 5Y4.64%
Sales Q2Q%12.97%
Revenue Next Year10.55%
Revenue Next 2Y8.38%
Revenue Next 3Y7.85%
Revenue Next 5Y7.7%
EBIT growth 1Y13.65%
EBIT growth 3Y11.18%
EBIT growth 5Y6.26%
EBIT Next Year38.83%
EBIT Next 3Y16.95%
EBIT Next 5Y14.14%
FCF growth 1Y68.03%
FCF growth 3Y11.72%
FCF growth 5Y6.57%
OCF growth 1Y68.29%
OCF growth 3Y11.97%
OCF growth 5Y5.25%