Curtiss-Wright (CW) AI Stock Analysis

• Market Cap: $26.27B
• Dividend Yield: 0.16%
• Average Volume (3M): 239.14K
• Price to Earnings (P/E): 54.3
• Beta (1Y): 1.10
• Revenue Growth: 9.51%
• EPS Growth: 16.03%
• Country: US
• Employees: 8,900
• Sector: Industrials
• Sector Strength: 72
• Industry: Aerospace & Defense
• EPS (TTM): 3.79
• Shares Outstanding: 36,869,530
• 10 Day Avg. Volume: 244,319
• 30 Day Avg. Volume: 239,139
• PEG Ratio: 1.94
• Price to Book (P/B): 8.14
• Price to Sales (P/S): 5.90
• P/FCF Ratio: 37.25
• Enterprise Value/Market Cap: 1.04
• Enterprise Value/Revenue: 7.78
• Enterprise Value/Gross Profit: 20.91
• Enterprise Value/Ebitda: 36.24
• 1Y Price Target: $698.00
• Price Target Upside: -2.03% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 6
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 72 Outperform
• Price Target: $704.00 ▼(-1.19% Downside)
• Action: Reiterated Date: 02/13/26
• Date: Action: Reiterated 02/13/26

The score is driven primarily by strong underlying financial performance (expanding margins, rising ROE, solid FCF) and a positive earnings outlook with record cash flow guidance. Offsetting factors are a premium valuation (high P/E and low yield) and a mixed near-term technical picture despite a longer-term uptrend.

Positive Factors

Revenue & Margin Expansion

Curtiss‑Wright shows durable topline and profitability improvement: multi-year revenue growth with sustained operating margin expansion to the high teens. That operating leverage improves cash generation and ROE, supporting reinvestment and shareholder returns over the medium term.

Strong Free Cash Flow

Consistently high and rising free cash flow provides durable funding for capex, R&D, debt reduction and buybacks. High FCF conversion indicates earnings quality and financial flexibility to sustain investment and returns even if near-term sales timing fluctuates.

Backlog & Strategic Contracts

A growing backlog and sizable program wins (Boeing C‑17 mission computer contract) reinforce Curtiss‑Wright’s market position in defense electronics. Multi‑year fleet sustainment work and MOSA alignment create recurring, durable revenue streams and deepen customer relationships.

Negative Factors

Government Timing Exposure

Significant exposure to government appropriations and program timing creates durable revenue recognition volatility: order postponements can shift quarters and compress near‑term growth despite long‑term defense demand, complicating working capital and guidance reliability.

R&D/CapEx Pressure on Margins

Accelerating capex and higher R&D/prototyping investment support future products but raise the company’s fixed cost base and can depress near‑term margins and free cash flow. Persistent elevated investment increases execution risk and funding needs over the medium term.

Material Absolute Debt & Working Capital Variability

Although leverage ratios improved, the meaningful absolute debt level and lower operating cash flow as a percent of revenue introduce balance‑sheet sensitivity. Continued strong earnings and cash conversion are needed to preserve flexibility amid buybacks, capex and potential order timing shifts.

Curtiss-Wright Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

Curtiss-Wright generates revenue through multiple key streams primarily related to the manufacturing and supply of engineered products and systems. The majority of its revenue comes from the Defense segment, which provides advanced technologies and services to military and defense customers, including aircraft and naval systems. The Commercial/Industrial segment contributes to earnings by offering products for aerospace manufacturing, oil and gas, and other industrial applications. Additionally, the Power segment focuses on providing components and systems for nuclear and conventional power generation. Significant partnerships with government defense agencies and major industrial players help secure long-term contracts, while ongoing investments in R&D drive innovation and expand the company’s product offerings, ultimately enhancing its market competitiveness and revenue potential.

Curtiss-Wright Financial Statement Overview

Summary

Strong multi-year revenue growth and meaningful margin expansion (net margin to 13.8%, operating margin to 18.2%) with rising ROE (to 19.1%) and improving leverage (debt-to-equity down to 0.52). Cash generation is solid (FCF $554M; ~86% of net income), but operating cash conversion versus revenue has shown variability, and the 2025 EBITDA/EBIT margin alignment is a reporting watch item.

Income Statement

Revenue has expanded steadily from $2.39B (2020) to $3.50B (2025), with growth re-accelerating in 2025 (3.6% vs ~0.1% in 2024). Profitability has strengthened meaningfully over time: net margin improved from 8.4% (2020) to 13.8% (2025), and operating margin rose from 12.5% to 18.2%, indicating solid operating leverage. A key watch item is that 2025 EBITDA margin matches EBIT margin (both 18.2%), which differs from prior years and could reflect reporting/classification effects rather than a true margin shift.

Balance Sheet

Leverage looks manageable and has improved since 2022: debt-to-equity declined from 0.71 (2022) to 0.52 (2025) while equity grew to $2.53B on $5.22B of assets. Returns are strong and trending up, with return on equity rising from 11.3% (2020) to 19.1% (2025), signaling efficient capital use. The main constraint is that absolute debt remains meaningful at ~$1.31B, so continued earnings and cash flow durability matter to keep balance-sheet risk contained.

Cash Flow

Cash generation is solid and improving: operating cash flow increased to $643M (2025) and free cash flow to $554M, with free cash flow growth of 7.2% in 2025 after modest growth in 2024. Free cash flow runs at a healthy share of earnings (about 86% of net income in 2025), supporting earnings quality. A weakness is that operating cash flow is a relatively low share of revenue (about 46% in 2025, down from ~56% in 2023), pointing to some working-capital or timing variability even as free cash flow remains strong.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	3.50B	3.12B	2.85B	2.56B	2.50B
Gross Profit	1.30B	1.15B	1.07B	954.61M	927.80M
EBITDA	638.02M	674.59M	630.63M	548.20M	503.58M
Net Income	484.23M	404.98M	354.51M	294.35M	262.83M
Balance Sheet
Total Assets	5.22B	4.99B	4.62B	4.45B	4.10B
Cash, Cash Equivalents and Short-Term Investments	371.35M	385.04M	406.87M	256.97M	171.00M
Total Debt	1.31B	1.23B	1.20B	1.41B	1.20B
Total Liabilities	2.69B	2.54B	2.29B	2.47B	2.28B
Stockholders Equity	2.53B	2.45B	2.33B	1.98B	1.83B
Cash Flow
Free Cash Flow	553.71M	483.30M	403.42M	256.56M	346.56M
Operating Cash Flow	643.40M	544.27M	448.09M	294.78M	387.67M
Investing Cash Flow	-90.12M	-283.31M	-35.52M	-325.87M	-42.40M
Financing Cash Flow	-578.30M	-271.49M	-273.40M	129.43M	-369.13M

Curtiss-Wright Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 712.45
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CW, the sentiment is Positive. The current price of 712.45 is above the 20-day moving average (MA) of 668.31, above the 50-day MA of 623.21, and above the 200-day MA of 532.61, indicating a bullish trend. The MACD of 21.87 indicates Negative momentum. The RSI at 67.32 is Neutral, neither overbought nor oversold. The STOCH value of 89.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CW.

Curtiss-Wright Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WWD	77 Outperform	$23.53B	49.46	20.38%	0.35%	7.30%	19.54%
CW	72 Outperform	$26.27B	54.34	19.43%	0.16%	9.51%	16.03%
TXT	68 Neutral	$17.46B	19.62	12.24%	0.09%	1.83%	-0.73%
BWXT	64 Neutral	$18.68B	55.40	26.69%	0.56%	14.01%	10.92%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
AVAV	61 Neutral	$13.09B	-209.13	-2.64%	―	79.89%	-171.81%
KTOS	55 Neutral	$15.45B	689.06	1.31%	―	14.00%	23.78%

Curtiss-Wright Corporate Events

Curtiss-Wright Expands Share Repurchase Authorization

On November 20, 2025, Curtiss-Wright Corporation announced an increase in its share repurchase authorization to $550 million, with an additional $416 million approved for future repurchases. The company also declared a quarterly dividend of $0.24 per share, payable on December 12, 2025. This expansion is part of Curtiss-Wright’s ‘Pivot to Growth’ strategy, reflecting the Board’s confidence in the company’s financial health and commitment to shareholder value. The company expects to achieve record share repurchases of $466 million in 2025 and plans further repurchases in 2026 to offset potential dilution from compensation plans.

The most recent analyst rating on (CW) stock is a Buy with a $645.00 price target. To see the full list of analyst forecasts on Curtiss-Wright stock, see the CW Stock Forecast page.