Curtiss-Wright Corporation (CW) Key Metrics
CW valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $18.55B
- Enterprise value
- $20.81B
- P/E (TTM)
- 34.6 10-yr median 23.9
- Forward P/E
- 28.4
- PEG ratio
- 2.00
- Price / sales
- 5.1 10-yr median 2.4
- Price / book
- 7.6 10-yr median 3.4
- EV / EBITDA
- 25.4 10-yr median 13.5
- Dividend yield
- 0.21% $1.04 a year
- Beta
- 0.88
CW key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsCW valuation Price multiples at each fiscal year-end price.
CW returns How much profit the business earns on the capital it uses.
CW per-share figures Results divided by the shares outstanding at year-end.
CW financial health Debt, liquidity and how easily interest is covered.
CW efficiency & capital use Working capital cycle and where the cash goes.
CW valuation history
CW returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
CW debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
CW cash returned to shareholders
CW price vs earnings per share
CW key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $20.74B | $13.62B | $8.58B | $6.45B | $5.63B | $4.89B | $6.06B | $4.53B | $5.45B | $4.43B |
| Enterprise value | $21.69B | $14.46B | $9.37B | $7.61B | $6.65B | $5.90B | $6.60B | $5.01B | $5.79B | $4.84B |
| P/E ratio | 42.8 | 33.6 | 24.2 | 21.9 | 21.4 | 24.3 | 19.7 | 16.4 | 25.4 | 23.7 |
| Price / sales | 5.9 | 4.4 | 3.0 | 2.5 | 2.3 | 2.0 | 2.4 | 1.9 | 2.4 | 2.1 |
| Price / book | 8.2 | 5.6 | 3.7 | 3.3 | 3.1 | 2.7 | 3.4 | 3.0 | 3.6 | 3.4 |
| Price / free cash flow | 37.5 | 28.2 | 21.3 | 25.2 | 16.2 | 22.9 | 17.2 | 16.1 | 16.2 | 11.8 |
| Price / operating cash flow | 32.2 | 25.0 | 19.2 | 21.9 | 14.5 | 18.7 | 14.4 | 13.5 | 14.0 | 10.5 |
| EV / sales | 6.2 | 4.6 | 3.3 | 3.0 | 2.7 | 2.5 | 2.7 | 2.1 | 2.6 | 2.3 |
| EV / EBITDA | 27.5 | 21.4 | 14.9 | 13.9 | 13.2 | 14.2 | 12.5 | 10.2 | 13.1 | 12.0 |
| EV / free cash flow | 39.2 | 29.9 | 23.2 | 29.7 | 19.2 | 27.6 | 18.8 | 17.8 | 17.2 | 12.9 |
| Earnings yield | 2.3% | 3.0% | 4.1% | 4.6% | 4.7% | 4.1% | 5.1% | 6.1% | 3.9% | 4.2% |
| Free cash flow yield | 2.7% | 3.5% | 4.7% | 4.0% | 6.2% | 4.4% | 5.8% | 6.2% | 6.2% | 8.5% |
| Dividend yield | 0.2% | 0.2% | 0.4% | 0.4% | 0.5% | 0.6% | 0.5% | 0.6% | 0.5% | 0.5% |
| Shareholder yield (dividends + buybacks) | 2.4% | 2.1% | 0.9% | 1.3% | 6.6% | 4.7% | 1.3% | 5.0% | 1.4% | 2.9% |
| Share price at fiscal year-end | $551.27 | $354.87 | $222.79 | $166.99 | $138.67 | $116.35 | $140.89 | $102.12 | $121.85 | $98.36 |
| Per share | ||||||||||
| Revenue per share | $92.97 | $81.34 | $73.85 | $66.16 | $61.59 | $56.94 | $57.84 | $54.42 | $50.74 | $46.82 |
| Earnings per share | $12.87 | $10.55 | $9.20 | $7.62 | $6.47 | $4.80 | $7.15 | $6.22 | $4.80 | $4.16 |
| Operating cash flow per share | $17.10 | $14.18 | $11.63 | $7.63 | $9.55 | $6.22 | $9.80 | $7.59 | $8.68 | $9.39 |
| Free cash flow per share | $14.71 | $12.59 | $10.47 | $6.64 | $8.54 | $5.09 | $8.17 | $6.35 | $7.51 | $8.36 |
| Cash per share | $9.87 | $10.03 | $10.56 | $6.65 | $4.21 | $4.72 | $9.09 | $6.23 | $10.61 | $12.30 |
| Book value per share | $67.33 | $63.84 | $60.43 | $51.26 | $44.99 | $42.56 | $41.25 | $34.54 | $34.13 | $28.66 |
| Tangible book value per share | $8.20 | $4.62 | $5.50 | −$4.77 | −$4.30 | −$6.60 | $2.97 | $0.30 | $2.27 | $1.52 |
| Dividends per share | $0.92 | $0.82 | $0.79 | $0.74 | $0.71 | $0.67 | $0.66 | $0.59 | $0.55 | $0.51 |
| Capex per share | $2.38 | $1.59 | $1.16 | $0.99 | $1.01 | $1.13 | $1.62 | $1.24 | $1.18 | $1.04 |
| Debt per share | $34.94 | $31.97 | $31.02 | $36.50 | $29.44 | $28.79 | $21.68 | $17.21 | $18.19 | $21.45 |
| Shares outstanding | 37.6M | 38.4M | 38.5M | 38.6M | 40.6M | 42.0M | 43.0M | 44.3M | 44.8M | 45.0M |
| Change in shares outstanding | −1.9% | −0.4% | −0.3% | −4.8% | −3.3% | −2.4% | −2.9% | −1.0% | −0.6% | −5.4% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 19.4% | 17.0% | 16.5% | 15.5% | 14.5% | 11.3% | 18.6% | 18.0% | 15.2% | 14.7% |
| Return on invested capital (ROIC) | 14.7% | 12.8% | 11.9% | 10.7% | 10.1% | 8.6% | 14.5% | 14.9% | 13.1% | 11.6% |
| Return on assets (ROA) | 9.5% | 8.4% | 7.8% | 6.9% | 6.5% | 5.2% | 8.8% | 8.5% | 6.9% | 6.2% |
| Return on tangible assets | 16.2% | 14.9% | 14.2% | 12.9% | 12.5% | 10.3% | 14.5% | 15.9% | 11.9% | 10.3% |
| Free cash flow margin | 15.8% | 15.5% | 14.2% | 10.0% | 13.9% | 8.9% | 14.1% | 11.7% | 14.8% | 17.8% |
| Income quality (OCF / net income) | 1.33 | 1.34 | 1.26 | 1.00 | 1.47 | 1.30 | 1.37 | 1.22 | 1.81 | 2.26 |
| Financial health | ||||||||||
| Total debt | $1.31B | $1.23B | $1.20B | $1.41B | $1.20B | $1.21B | $932.5M | $762.6M | $814.1M | $966.3M |
| Cash & short-term investments | $371.3M | $385.0M | $406.9M | $257.0M | $171.0M | $198.2M | $391.0M | $276.1M | $475.1M | $553.8M |
| Net debt | $943.5M | $841.9M | $788.3M | $1.15B | $1.02B | $1.01B | $541.5M | $486.5M | $339.0M | $412.4M |
| Debt / equity | 0.52 | 0.50 | 0.51 | 0.71 | 0.65 | 0.68 | 0.53 | 0.50 | 0.53 | 0.75 |
| Debt / assets | 0.25 | 0.25 | 0.26 | 0.32 | 0.29 | 0.30 | 0.25 | 0.23 | 0.25 | 0.32 |
| Net debt / EBITDA | 1.20 | 1.25 | 1.25 | 2.10 | 2.03 | 2.44 | 1.02 | 0.99 | 0.77 | 1.02 |
| Current ratio | 1.44 | 1.69 | 2.13 | 1.55 | 1.78 | 1.61 | 2.05 | 1.96 | 2.37 | 2.10 |
| Quick ratio | 1.00 | 1.19 | 1.50 | 1.05 | 1.22 | 1.08 | 1.48 | 1.34 | 1.73 | 1.55 |
| Interest coverage | 14.8 | 11.8 | 9.4 | 9.0 | 9.4 | 8.1 | 12.9 | 11.0 | 7.8 | 7.2 |
| Working capital | $612.9M | $753.6M | $910.5M | $535.0M | $572.9M | $490.4M | $785.1M | $656.6M | $810.9M | $739.5M |
| Invested capital | $3.48B | $3.29B | $3.12B | $3.13B | $2.85B | $2.80B | $2.32B | $2.02B | $1.87B | $1.70B |
| Tangible asset value | $308.7M | $177.2M | $212.0M | −$184.3M | −$174.6M | −$277.2M | $127.8M | $13.2M | $101.8M | $68.7M |
| Net current asset value | −$669.2M | −$686.3M | −$575.5M | −$951.1M | −$969.2M | −$932.9M | −$460.1M | −$380.6M | −$306.7M | −$331.8M |
| Graham number | $139.62 | $123.13 | $111.85 | $93.72 | $80.94 | $67.76 | $81.46 | $69.54 | $60.72 | $51.79 |
| Graham net-net per share | −$34.80 | −$32.68 | −$28.06 | −$36.90 | −$34.85 | −$32.85 | −$21.21 | −$17.86 | −$15.03 | −$14.70 |
| Capital allocation | ||||||||||
| Dividends paid | $34.7M | $31.7M | $30.2M | $28.8M | $28.7M | $28.2M | $28.2M | $26.3M | $24.7M | $23.1M |
| Share buybacks (net) | $464.9M | $250.0M | $50.1M | $56.9M | $343.1M | $200.0M | $50.7M | $198.6M | $52.1M | $105.2M |
| Dividend payout ratio | 7.2% | 7.8% | 8.5% | 9.8% | 10.9% | 14.0% | 9.2% | 9.5% | 11.5% | 12.3% |
| Dividends + buybacks / free cash flow | 90.2% | 58.3% | 19.9% | 33.4% | 107.3% | 106.8% | 22.4% | 80.0% | 22.9% | 34.1% |
| Capex / revenue | 2.6% | 2.0% | 1.6% | 1.5% | 1.6% | 2.0% | 2.8% | 2.3% | 2.3% | 2.2% |
| Capex / operating cash flow | 13.9% | 11.2% | 10.0% | 13.0% | 10.6% | 18.2% | 16.6% | 16.3% | 13.6% | 11.1% |
| Capex / depreciation | 0.72 | 0.57 | 0.38 | 0.34 | 0.36 | 0.41 | 0.68 | 0.53 | 0.53 | 0.49 |
| Stock-based compensation / revenue | 0.6% | 0.6% | 0.6% | 0.6% | 0.5% | 0.6% | 0.5% | 0.6% | 0.5% | 0.4% |
| R&D / revenue | 2.7% | 2.9% | 3.0% | 3.2% | 3.5% | 3.1% | 2.9% | 2.7% | 2.7% | 2.8% |
| SG&A / revenue | 16.2% | 16.6% | 17.5% | 17.4% | 17.7% | 17.3% | 17.0% | 18.0% | 18.4% | 18.2% |
| Efficiency | ||||||||||
| Days sales outstanding | 92.2 | 91.7 | 93.4 | 97.8 | 90.2 | 93.2 | 89.9 | 82.4 | 77.0 | 89.1 |
| Days of inventory on hand | 96.1 | 97.5 | 101.9 | 101.9 | 97.5 | 100.5 | 97.4 | 95.0 | 92.6 | 99.1 |
| Days payables outstanding | 46.3 | 45.5 | 52.4 | 54.5 | 47.9 | 49.8 | 52.2 | 49.5 | 45.1 | 45.3 |
| Cash conversion cycle (days) | 142.0 | 143.6 | 142.9 | 145.2 | 139.8 | 143.9 | 135.1 | 127.9 | 124.5 | 142.9 |
| Receivables turnover | 3.96 | 3.98 | 3.91 | 3.73 | 4.05 | 3.92 | 4.06 | 4.43 | 4.74 | 4.10 |
| Payables turnover | 7.88 | 8.01 | 6.97 | 6.70 | 7.62 | 7.33 | 6.99 | 7.37 | 8.10 | 8.06 |
| Inventory turnover | 3.80 | 3.74 | 3.58 | 3.58 | 3.74 | 3.63 | 3.75 | 3.84 | 3.94 | 3.68 |
| Asset turnover | 0.69 | 0.65 | 0.63 | 0.60 | 0.62 | 0.61 | 0.71 | 0.74 | 0.72 | 0.70 |
| Average receivables | $883.7M | $783.9M | $728.0M | $685.2M | $617.9M | $610.5M | $613.0M | $544.3M | $479.0M | $514.7M |
| Average payables | $278.7M | $245.5M | $255.2M | $239.1M | $206.4M | $211.6M | $227.5M | $209.1M | $181.5M | $170.6M |
| Average inventory | $578.3M | $525.7M | $496.6M | $447.3M | $420.2M | $426.9M | $424.1M | $401.1M | $372.9M | $373.3M |
| Intangibles / total assets | 42.6% | 45.6% | 45.8% | 48.7% | 48.8% | 51.3% | 43.7% | 46.6% | 44.1% | 40.2% |
Computed from CW's annual financial statements (latest annual report filed February 12, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
CW valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Curtiss-Wright traded at 42.8 times earnings, against a 10-year median of 23.9. Based on the latest twelve months, the trailing P/E is 34.6 and the forward P/E is 28.4. Curtiss-Wright earned a return on equity of 19.4% and a return on invested capital of 14.7% in fiscal 2025. It ended the year with $1.3 billion of debt and $371.3 million in cash and short-term investments, net debt of $943.5 million. It returned $499.7 million to shareholders: $34.7 million in dividends and $464.9 million in share buybacks, 90% of free cash flow. The share count fell 16.5% from 45.0M to 37.6M over 9 years.
See the CW income statement, the CW chart for price history, or the CW stock overview for the latest quote and news.
CW key metrics FAQ
What is Curtiss-Wright's P/E ratio?
Curtiss-Wright's trailing P/E ratio is 34.6 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 28.4. At the end of fiscal 2025 it was 42.8, compared with a 10-year median of 23.9.
What is Curtiss-Wright's EV/EBITDA?
Curtiss-Wright's enterprise value was 27.5 times EBITDA at the end of fiscal 2025 (enterprise value $21.7 billion, EBITDA $788.0 million); the current EV/EBITDA is 25.4.
What is Curtiss-Wright's return on equity?
Curtiss-Wright's return on equity (ROE) was 19.4% in fiscal 2025: net income of $484.2 million on average shareholders' equity of $2.5 billion.
What is Curtiss-Wright's ROIC?
Curtiss-Wright's return on invested capital was 14.7% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Curtiss-Wright have?
Curtiss-Wright had total debt of $1.3 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.52 and $943.5 million of net debt (1.20 times EBITDA).
What is Curtiss-Wright's dividend yield?
Curtiss-Wright's forward dividend yield is 0.21%. Curtiss-Wright paid $34.7 million in dividends in fiscal 2025 ($0.92 per share), a payout ratio of 7.2%.
Does Curtiss-Wright buy back its shares?
Yes. Curtiss-Wright spent $464.9 million on net share repurchases in fiscal 2025 Shares outstanding changed −1.9% over the year, to 37.6M..
What is Curtiss-Wright's free cash flow yield?
Curtiss-Wright generated $553.7 million of free cash flow in fiscal 2025, a free cash flow yield of 2.7% on its market value at year-end ($20.7 billion).
What is Curtiss-Wright's current ratio?
Curtiss-Wright's current ratio was 1.44 at the end of fiscal 2025: current assets were 1.44 times current liabilities.