Curtiss-Wright Corp.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.50B | $3.12B | $2.85B | $2.56B | $2.50B | $2.39B | $2.49B | $2.41B |
| Cost of Revenue | $2.20B | $1.97B | $1.78B | $1.60B | $1.57B | $1.55B | $1.59B | $1.54B |
| Gross Profit | $1.30B | $1.15B | $1.07B | $954.6M | $927.8M | $841.2M | $898.7M | $871.3M |
| Gross Margin | 37.2% | 37.0% | 37.5% | 37.3% | 37.1% | 35.2% | 36.1% | 36.1% |
| Operating Expenses | ||||||||
| Research & Development | $95.2M | $91.6M | $85.8M | $80.8M | $88.5M | $74.8M | $72.5M | $64.5M |
| SG&A Expense | $399.6M | $373.5M | $359.7M | $324.1M | $326.1M | $303.3M | $301.4M | $306.5M |
| Operating Income | $633.5M | $528.6M | $484.6M | $423.4M | $377.1M | $288.8M | $404.0M | $373.6M |
| Operating Margin | 18.1% | 16.9% | 17.0% | 16.6% | 15.1% | 12.1% | 16.2% | 15.5% |
| Interest Expense | — | — | $51.4M | $47.0M | $40.2M | $35.5M | $31.3M | $34.0M |
| Pretax Income | $620.0M | $522.1M | $463.1M | $389.2M | $349.0M | $263.1M | $396.5M | $356.2M |
| Income Tax Expense | $135.8M | $117.1M | $108.6M | $94.8M | $86.1M | $61.7M | $88.9M | $80.5M |
| Net Income | $484.2M | $405.0M | $354.5M | $294.3M | $262.8M | $201.4M | $307.6M | $275.7M |
| Net Margin | 13.8% | 13.0% | 12.5% | 11.5% | 10.5% | 8.4% | 12.4% | 11.4% |
| EPS (Basic) | $12.94 | $10.61 | $9.26 | $7.67 | $6.50 | $4.83 | $7.20 | $6.28 |
| EPS (Diluted) | $12.87 | $10.55 | $9.20 | $7.62 | $6.47 | $4.80 | $7.15 | $6.22 |
| Shares Outstanding (Basic) | 37.4M | 38.2M | 38.3M | 38.4M | 40.4M | 41.7M | 42.7M | 43.9M |
| Shares Outstanding (Diluted) | 37.6M | 38.4M | 38.5M | 38.6M | 40.6M | 42.0M | 43.0M | 44.3M |
| Dividends Per Share | $0.93 | $0.83 | $0.79 | $0.75 | $0.71 | $0.68 | $0.66 | $0.60 |