Curtiss-Wright Corporation

Curtiss-Wright Corporation

CWยทNYSE

$733.88

+1.8%
IndustrialsAerospace & Defense

Curtiss-Wright Corporation, together with its subsidiaries, provides engineered products, solutions, and services to the aerospace, defense, general industrial, and power generation markets worldwide. worldwide. It operates through three segments: Aerospace & Industrial, Defense Electronics, and Naval & Power. The Aerospace & Industrial segment offers industrial vehicle products, such as electronic throttle control devices, joysticks, and transmission shifters; sensors, controls and electro-mechanical actuation components used in commercial and military aircraft; and surface technology services, including shot peening, laser peening, and coatings. The Defense Electronics segment provides commercial off-the-shelf embedded computing board-level modules, data acquisition and flight test instrumentation equipment, integrated subsystems, instrumentation and control systems, turret aiming and stabilization products, and weapons handling systems; avionics and electronics; flight test equipment; and aircraft data management solutions. The Naval & Power segment offers hardware, pumps, pump seals, control rod drive mechanisms, valves, fastening systems, specialized containment doors, airlock hatches, spent fuel management products, and fluid sealing products for nuclear power plants and nuclear equipment manufacturers; and naval propulsion and auxiliary equipment, including coolant pumps, power-dense compact motors, generators, steam turbines, valves, and secondary propulsion systems, as well as ship repair and maintenance services primarily to the U.S. navy. Curtiss-Wright Corporation was founded in 1929 and is headquartered in Davidson, North Carolina.

At a Glance

Live Snapshot
Market Cap$27.11B
EPS12.9400
P/E Ratio56.71
Earnings Date08/05/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

High confidence

Valuation multiple is elevated (P/E 56.7).

Valuation inputs: P/E 56.7, earnings yield +1.8%, momentum +1.8%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is strong (ROE +19.1%, ROIC +12.4%).

Profitability stack: net margin +13.8%, ROE +19.1%, ROIC +12.4%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile looks controlled across current risk inputs.

Risk factors: liabilities/assets +51.5%, momentum +1.8%, net margin +13.8%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

cw

Curtiss-Wright Corporation Market vs Earnings Trajectory

CW ยท NYSE
Current Price
$733.88
EPS (TTM)
$13.73

Performance Analysis

EPS Growth

+15.2%

Positive earnings growth shows the company is improving its profitability over time.

Price-EPS Relationship

Aligned

Stock price is moving in line with earnings growthโ€”a healthy sign of fundamental-driven valuation.

Stock Price Change

+64.1%

Over the 1Y period, stock price has increased by 64.1%.

P/E Ratio (TTM)

56.7x

Very high P/E suggests premium valuation or high growth expectations.

Key Insight

Stock price (+64.1%) is outpacing earnings growth (+15.2%), suggesting the market may be pricing in future growth. Monitor if earnings can catch up to justify the valuation.

Curtiss-Wright Corporation

Curtiss-Wright Corporation Fair Value Envelope

CW ยท NYSE

Our analysis suggests that CW has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $733.88, this represents a potential HIDDEN relative to our calculated worth for Curtiss-Wright Corporation.

Intrinsic Value
Current Price: $733.88
3Y+69.0%
5Y+168.0%
10Y+207.0%
3Y+37.0%
5Y+46.0%
10Y+66.0%
3Y+65.0%
5Y+140.0%
10Y+158.0%
3Y+118.0%
5Y+146.0%
10Y+52.0%
3Y+116.0%
5Y+159.0%
10Y+47.0%
3Y+17.0%
5Y+30.0%
10Y+72.0%
Curtiss-Wright Corporation

Curtiss-Wright Corporation Profit Bridge

CW ยท NYSE
Revenue3.50B
Cost of Goods Sold (2.20B)
Gross Profit1.30B
Operating Expenses (663.51M)
Operating Income638.02M
Interest Expense (43.15M)
Other Income/Expense-18.02M
Pretax Income620.01M
Income Tax (135.78M)
Net Income484.23M
Net Income
484.23M

Profitability Analysis

Gross Margin

37.2%

Strong gross margins indicate healthy pricing and efficient production or service delivery.

Operating Margin

18.2%

Healthy operating margins demonstrate effective cost control and strong business fundamentals.

Net Profit Margin

13.8%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

21.9%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Room for improvement: Moderate profitability with opportunities to enhance margins through better cost management or pricing strategy.

37.20%
Gross Profit Margin
1%
3Y-
5Y+6.0%
10Y+5.0%
18.24%
Operating Profit Margin
8%
3Y+10.0%
5Y+51.0%
10Y+30.0%
13.84%
Net Profit Margin
7%
3Y+20.0%
5Y+64.0%
10Y+56.0%
19.11%
Return on Equity
16%
3Y+29.0%
5Y+70.0%
10Y+32.0%
9.27%
Return on Assets
14%
3Y+40.0%
5Y+85.0%
10Y+50.0%
12.41%
Return on Invested Capital
21%
3Y+43.0%
5Y+87.0%
10Y+49.0%
CW

Curtiss-Wright Corporation Cash Conversion Engine

CW ยท NYSE
Net Income484.23M
Depreciation & Amortization124.82M
Stock-Based Compensation21.52M
Change in Working Capital-2.99M
Others830.00K
Capital Expenditures-89.69M
Free Cash Flow553.71M

Cash Flow Quality Analysis

FCF Conversion Rate

114.3%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

13.9%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+14.6%

Steady FCF growth indicates consistent cash generation improvement. On a positive trajectory.

Working Capital Impact

-$2.99M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

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Curtiss-Wright Corporation Funding & Solvency Profile

CW ยท NYSE
Cash & Cash Equivalents343.45M
Net Receivables996.33M
Inventory640.64M
Other Current Assets91.25M
Total Current Assets2 B
Property, Plant & Equipment590.40M
Goodwill & Intangible Assets2.20B
Long-Term Investments0.00
Other Non-Current Assets406.59M
Total Non-Current Assets997 M
Total Assets
5.27B

Financial Health Analysis

Current Ratio

1.52x

Strong liquidity. The company has adequate resources to meet short-term liabilities.

Debt-to-Equity Ratio

1.00x

Elevated leverage. Debt exceeds equity, which amplifies both gains and risks. Monitor debt servicing ability.

Working Capital

712 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

39% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

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Curtiss-Wright Corporation Street Expectations Map

CW ยท NYSE

Wall Street analysts project that CW stock may experience modest gains over the coming 12 months. The consensus 1-year price target stands at 741.00, with estimates ranging from a low of 603.00 to a high of 870.00.

Lowest Target
603.00
-17.83%
Consensus Target
741.00
0.97%
Highest Target
870.00
18.55%

The consensus 1-year price target stands at 741.00, with estimates ranging from a low of 603.00 to a high of 870.00.

Analyst Consensus Analysis

Upside Potential

+1.0%

Fair value territory. Stock trading near consensus target suggests limited near-term catalysts. Focus on fundamental developments.

Analyst Agreement

36.0% spread

Good consensus alignment. Moderate target spread reflects general agreement on value drivers with some variance in assumptions.

Risk-Reward Profile

1.04x

Balanced risk-reward. Upside and downside potential relatively symmetric. Suitable for moderate risk tolerance with conviction in thesis.

Analyst Conviction

Moderate

Neutral sentiment. Fair value pricing with moderate agreement suggests wait-and-see approach or catalyst-driven opportunity.

Market Sentiment Insight

Monitor and evaluate: Current analyst consensus suggests limited conviction or near-term catalysts. Stay informed on company developments and reassess positioning as new information emerges.

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Curtiss-Wright Corporation Insider Positioning

CW ยท NYSE

During the last 12 months, insiders have sold $26.65M worth of CW shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

7.4K

5.08M

Net Activity

-5.1M

-$5.08M

3-6 Months

Bought

0

0.00

Sold

20.4K

12.95M

Net Activity

-13.0M

-$12.95M

6-9 Months

Bought

0

0.00

Sold

12.7K

7.24M

Net Activity

-7.2M

-$7.24M

9-12 Months

Bought

0

0.00

Sold

3.0K

1.38M

Net Activity

-1.4M

-$1.38M

Top Buyers

No buying activity

Top Sellers

1
BLM

Bamford Lynn M

Director, Officer: Chair And Ceo

20.1K sharesโ€ข4 transactions

$12.25M

2
FKC

Farkas K Christopher

Officer: Executive Vp And Cfo

13.0K sharesโ€ข5 transactions

$8.24M

3
RK

Rayment Kevin

Officer: Executive Vp And Coo

3.5K sharesโ€ข2 transactions

$2.26M

4
WJC

Watts John C

Officer: Evp & Chief Growth Officer

2.9K sharesโ€ข8 transactions

$1.65M

5
OGA

Ogilby Gary A

Officer: Senior Vp & Corp Controller

1.5K sharesโ€ข4 transactions

$937K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $26.65M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Recent Trend (3 Months)

$5.08M

Heavy recent selling activity. Recent insider sales notably exceed purchasesโ€”may warrant investigation into company developments.

Insider Participation

High Selling

5 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

Insider Activity Insight

Multiple red flags: Heavy selling, numerous sellers, and continued recent selling create a concerning pattern. Investigate fundamental drivers and consider whether company guidance or industry conditions have deteriorated.

0.04%
Dividend Yield
-60%
3Y-67.0%
5Y-75.0%
10Y-77.0%
ย 

cw Dividend History

CW
10Y CAGR +7%
Latest $0.26
Annual $1.22
5 year growth trend
Last Period: +8%