Woodward (WWD) Stock Analysis

November 11, 2026

This is a peer-relative look at Woodward (WWD): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Capital Goods peers, so every number reads in context rather than in isolation.

Company Profile

Company profile fields for Woodward (WWD)
Profile Item	WWD
Name	Woodward, Inc.
Country/Region	United States
GICS Sector	Industrials
GICS Industry Group	Capital Goods
GICS Industry	Aerospace & Defense
GICS Sub-Industry	Aerospace & Defense
Market Capitalization	18.74 billion USD
Currency	USD
Exchange	Nasdaq
Listing Date	April 4, 1994
Security Type	Common Stock

Price Performance

Cumulative Growth

WWD

GSPC

Woodward (WWD) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Woodward (WWD) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Woodward (WWD) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Woodward (WWD) metric values compared with Capital Goods industry-group medians
Metric	Current stock: WWD	Industry group median
Total Return (1Y)	25.66%	6.84%
Total Return (3Y, Annualized)	36.83%	17.66%
Total Return (5Y, Annualized)	23.54%	9.09%

Risk Profile

Drawdown History

WWD

GSPC

Woodward (WWD) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Woodward (WWD) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Woodward (WWD) metric values compared with Capital Goods industry-group medians
Metric	Current stock: WWD	Industry group median
Volatility (1Y, Annualized)	40.29%	44.38%
Beta (5Y)	0.87	1.19
Max Drawdown (5Y)	-37.25%	-49.95%

Risk-Adjusted Performance

Risk-Return Positioning

Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. WWD is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

Woodward (WWD) metric values compared with Capital Goods industry-group medians
Metric	Current stock: WWD	Industry group median
Sharpe Ratio (1Y)	0.53	0.06
Sortino Ratio (1Y)	0.85	0.09

Profitability

ROE (TTM)

Woodward (WWD) posts ROE of 22.34%, in the upper peer quartile. That suggests the company earns more from each dollar of shareholders’ equity than most industry peers, a useful capital-efficiency signal.

WWD

Capital Goods industry group

22.34%

Group distribution

Max: 40.55%
WWD: 22.34%
Q3: 19.29%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

Largest peers

GEV: 93.04%
CAT: 56.14%
GE: 50.17%
WWD: 22.34%
DE: 18.24%
RTX: 12.85%
BA: --

Where Woodward (WWD) stands on ROE within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Net Margin (TTM)

Woodward (WWD) keeps 13.17% of revenue as net profit, putting net margin in the upper peer quartile. After operating costs, interest, and taxes, more of each sales dollar reaches shareholders than it does at most industry peers.

WWD

Capital Goods industry group

13.17%

Group distribution

Max: 27.47%
WWD: 13.17%
Q3: 12.10%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

Largest peers

GEV: 23.54%
GE: 17.31%
CAT: 15.21%
WWD: 13.17%
DE: 10.17%
RTX: 8.75%
BA: 8.07%

Where Woodward (WWD) stands on net margin within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

Woodward (WWD) turns 17.76% of revenue into operating profit, roughly in line with the peer group’s normal operating margin range. Its core cost structure looks typical for the industry.

WWD

Capital Goods industry group

17.76%

Group distribution

Max: 36.60%
Q3: 18.33%
WWD: 17.76%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

Largest peers

CAT: 20.19%
GE: 18.49%
WWD: 17.76%
RTX: 15.54%
DE: 13.37%
GEV: 12.77%
BA: 0.30%

Where Woodward (WWD) stands on operating margin within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Profitability Metrics

Woodward (WWD) metric values compared with Capital Goods industry-group medians
Metric	Current stock: WWD	Industry group median
ROE (TTM)	22.34%	12.12%
ROA (TTM)	8.62%	5.29%
Net Margin (TTM)	13.17%	6.30%
Operating Margin (TTM)	17.76%	11.12%
Gross Margin (TTM)	29.63%	29.63%

Growth

Revenue Growth

Woodward (WWD) grew revenue 7.30%, roughly around the peer group's normal range. Top-line momentum looks broadly typical for the industry.

Woodward (WWD): Revenue Growth across different time periods, set against Capital Goods industry-group medians.

EPS Growth

Woodward (WWD) grew earnings per share 19.63%, roughly around the peer group's normal range. Bottom-line momentum looks broadly typical for the industry.

Woodward (WWD): EPS Growth across different time periods, set against Capital Goods industry-group medians.

Growth Metrics

Woodward (WWD) metric values compared with Capital Goods industry-group medians
Metric	Current stock: WWD	Industry group median
Revenue Growth (YoY)	7.30%	8.11%
Revenue Growth (3Y CAGR)	14.40%	6.45%
EPS Growth (YoY)	19.63%	5.45%
EPS Growth (3Y CAGR)	38.44%	7.15%

Financial Strength

Current Ratio (MRQ)

Woodward (WWD) has current ratio of 1.65, in the healthier middle range for its industry. The short-term asset cushion looks balanced relative to peers rather than stretched thin.

WWD

Capital Goods industry group

1.65

Group distribution

Max: 5.22
Q3: 2.95
Median: 2.08
WWD: 1.65
Q1: 1.43
Min: 0.36

Largest peers

DE: 2.13
WWD: 1.65
CAT: 1.42
BA: 1.13
RTX: 1.05
GE: 0.98
GEV: 0.83

Where Woodward (WWD) stands on current ratio within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Debt / Equity (MRQ)

Woodward (WWD) has debt-to-equity ratio of 0.56, roughly in line with the peer group’s normal leverage range. Its mix of debt and equity looks typical for the industry.

WWD

Capital Goods industry group

0.56

Group distribution

Max: 2.33
Q3: 1.12
Median: 0.60
WWD: 0.56
Q1: 0.29
Min: 0.00

Largest peers

BA: 7.39
DE: 2.30
CAT: 2.10
GE: 1.16
WWD: 0.56
RTX: 0.55
GEV: 0.30

Where Woodward (WWD) stands on debt-to-equity ratio within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength Metrics

Woodward (WWD) metric values compared with Capital Goods industry-group medians
Metric	Current stock: WWD	Industry group median
Current Ratio (MRQ)	1.65	2.08
Debt / Equity (MRQ)	0.56	0.60
Net Debt / EBITDA	1.13	1.78

Dividends

Dividend Yield (TTM)

Woodward (WWD) has dividend yield of 0.32%, in the industry’s normal income range. It provides a meaningful dividend without the red flag of an unusually high headline yield.

WWD

Capital Goods industry group

0.32%

Group distribution

Max: 2.66%
Q3: 1.14%
WWD: 0.32%
Median: 0.24%
Q1: 0.00%
Min: 0.00%

Largest peers

RTX: 1.47%
CAT: 1.13%
DE: 0.98%
GE: 0.56%
WWD: 0.32%
GEV: 0.26%
BA: 0.00%

Where Woodward (WWD) stands on dividend yield within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

Woodward (WWD) has payout ratio of 13.35%, within the industry’s typical payout band. The dividend shares profits with investors while leaving earnings coverage that looks normal for the peer group.

WWD

Capital Goods industry group

13.35%

Group distribution

Max: 67.39%
Q3: 28.02%
WWD: 13.35%
Median: 6.86%
Q1: 0.00%
Min: 0.00%

Largest peers

RTX: 45.85%
DE: 36.02%
CAT: 24.18%
GE: 20.23%
WWD: 13.35%
GEV: 4.59%
BA: 0.00%

Where Woodward (WWD) stands on payout ratio within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

Woodward (WWD) metric values compared with Capital Goods industry-group medians
Metric	Current stock: WWD	Industry group median
Dividend Yield (TTM)	0.32%	0.24%
Dividend Payout Ratio (TTM)	13.35%	6.86%

Valuation

P/E Ratio (TTM)

Woodward (WWD) trades at P/E ratio of 35.30, near the industry’s usual earnings multiple. The stock is not showing a clear peer discount or premium on trailing earnings.

WWD

Capital Goods industry group

35.30

Group distribution

Max: 59.38
Q3: 35.92
WWD: 35.30
Median: 25.41
Q1: 19.47
Min: 3.03

Largest peers

DE: 37.33
GE: 36.94
WWD: 35.30
RTX: 30.82
CAT: 21.92
GEV: 20.32
BA: 17.89

Where Woodward (WWD) stands on P/E ratio within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

P/S Ratio (TTM)

Woodward (WWD) trades at 4.47 on P/S ratio, in the higher sales-valuation quartile. Investors are paying up for each dollar of revenue, so stronger margins, growth, or revenue quality need to carry that price.

WWD

Capital Goods industry group

4.47

Group distribution

Max: 7.54
WWD: 4.47
Q3: 3.76
Median: 2.15
Q1: 1.03
Min: 0.03

Largest peers

GE: 6.38
GEV: 4.65
WWD: 4.47
DE: 3.78
CAT: 3.29
RTX: 2.66
BA: 1.45

Where Woodward (WWD) stands on P/S ratio within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

Woodward (WWD) trades at 7.60 on P/B ratio, in the higher book-value quartile. The market is paying a premium to book, so stronger ROE, cleaner assets, or a better growth profile need to justify it.

WWD

Capital Goods industry group

7.60

Group distribution

Max: 9.66
WWD: 7.60
Q3: 5.00
Median: 3.12
Q1: 1.81
Min: -1.08

Largest peers

BA: 20.99
GE: 19.06
GEV: 18.00
CAT: 11.90
WWD: 7.60
DE: 6.47
RTX: 3.69

Where Woodward (WWD) stands on P/B ratio within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

Woodward (WWD) metric values compared with Capital Goods industry-group medians
Metric	Current stock: WWD	Industry group median
P/E Ratio (TTM)	35.30	25.41
P/S Ratio (TTM)	4.47	2.15
P/B Ratio (MRQ)	7.60	3.12
Free Cash Flow Yield (TTM)	1.00%	3.03%