CWMEDIUM SIGNALFINANCIAL10-K

Curtiss-Wright significantly accelerated share buybacks (+86%) while maintaining strong operational performance with 20% growth in operating income and net income.

The dramatic increase in share buybacks to $465M suggests management has high confidence in the company's prospects and views the stock as undervalued. The company is successfully converting strong operational performance into shareholder returns while maintaining robust cash generation.

Comparing 2026-02-12 vs 2025-02-13View on EDGAR →
FINANCIAL ANALYSIS

Curtiss-Wright delivered strong financial performance with operating income and net income both growing nearly 20%, supported by 18% growth in operating cash flow. The company aggressively returned capital to shareholders through buybacks (+86%) while investing in growth with higher capex (+47%), though this resulted in lower cash balances and higher current liabilities. The overall picture shows a company in strong operational health that is confidently deploying excess capital for shareholder value creation while funding growth investments.

FINANCIAL STATEMENT CHANGES
Share Buybacks
Cash Flow
+86%
$250.0M→$464.9M

Share repurchases increased 86% — management returning capital, signals confidence in intrinsic value.

Capital Expenditure
Cash Flow
+47.1%
$61.0M→$89.7M

Capital expenditure jumped 47.1% — major investment cycle underway; assess returns on deployment.

Current Liabilities
Balance Sheet
+28.3%
$1.1B→$1.4B

Current liabilities rose 28.3% — increased short-term obligations, watch current ratio.

Operating Income
P&L
+19.8%
$528.6M→$633.5M

Operating income improving — cost discipline or growing revenue base absorbing fixed costs.

Net Income
P&L
+19.6%
$405.0M→$484.2M

Net income grew 19.6% — bottom-line growth signals improving overall business health.

Operating Cash Flow
Cash Flow
+18.2%
$544.3M→$643.4M

Operating cash flow grew 18.2% — strong conversion of earnings to cash, healthy business fundamentals.

Cash & Equivalents
Balance Sheet
-13.7%
$198.2M→$171.0M

Cash decreased 13.7% — monitor burn rate and upcoming capital needs.

Inventory
Balance Sheet
+13.6%
$541.4M→$615.1M

Inventory built 13.6% — monitor whether demand supports this build or if write-downs may follow.

Gross Profit
P&L
+12.8%
$1.2B→$1.3B

Gross profit expanding — improving pricing power or product mix shift toward higher-margin offerings.

LANGUAGE CHANGES
NEW — 2026-02-12
PRIOR — 2025-02-13
ADDED
Examples of forward-looking statements include, but are not limited to: (a) projections of or statements regarding return on investment, future earnings, interest income, sales, volume, other income, earnings or loss per share, growth prospects, capital structure, liquidity requirements, and other financial terms, (b) statements of plans and objectives of management, (c) statements of future economic performance, (d) impacts on our business related to another shutdown of the U.S.
government, ongoing supply chain disruptions, significant inflation, higher interest rates or deflation, labor shortages, U.S.
and foreign trade policies and tariffs or other impositions on imported goods, and measures taken by governments and private industry in response, as well as related to the ongoing conflict between Russia and Ukraine, and the related sanctions, (e) the effect of laws, rules, regulations, tax reform, new accounting pronouncements, and outstanding litigation on our business and future performance, and (f) statements of assumptions, such as economic conditions underlying other statements.
GENERAL Curtiss-Wright Corporation is a Delaware corporation, with its principal executive office in Davidson, North Carolina.
In this report, unless the context otherwise requires, Curtiss-Wright , the Company , we , us , and our refer to Curtiss-Wright Corporation and its consolidated subsidiaries.
+7 more — sign up free →
REMOVED
In addition, other risks, uncertainties, assumptions, and factors that could affect our results and prospects are described in this report, including under the heading Item 1A.
BUSINESS DESCRIPTION Curtiss-Wright Corporation along with its subsidiaries (we, the Corporation, or the Company) is a global integrated business that provides highly engineered products, solutions, and services mainly to Aerospace Defense (A D) markets, as well as critical technologies in demanding commercial power, process, and industrial markets.
We expect that the breadth of our portfolio strengthens our competitive positions in core markets, mitigates the impact of business cycles or economic volatility, and allows us to drive growth in new products.
We believe we are well positioned in the growing markets in which we operate and seek to grow our critical mass while expanding our global manufacturing capabilities, sales channels and customer relationships.
Through One Curtiss-Wright, we continuously leverage the inherent synergies and cross-market technologies that exist throughout our portfolio of defense and commercial applications in support of continued profitable growth.
+7 more — sign up free →
MORE FINANCIAL SIGNALS
PNRGHIGHPNRG achieved exceptional profitability improvement with net income surging 2,21...
2026-04-16
BNAIHIGHBNAI underwent a dramatic reverse stock split that reduced share count by 86% wh...
2026-04-16
LAKEHIGHLAKE's financial performance deteriorated significantly with operating losses wo...
2026-04-16
NXXTHIGHNextNRG experienced massive financial deterioration with operating losses explod...
2026-04-16
ANALYZE ANY FILING FREE

See what changed in your portfolio's filings

500+ US-listed companies analyzed. Language delta, financial analysis, instant signal scoring.

Try Tracenotes free →