Curtiss-Wright Corp Earnings Summary
Curtiss-Wright Corporation recently unveiled its financial performance for the third quarter ending September 30, 2025, marking significant strides across various indicators. The comprehensive report indicates a robust trajectory underpinned by an effective growth strategy. Curtiss-Wright managed to generate substantial growth in sales, profits, and key operational metrics, driven predominantly by a strategic focus on high-demand markets and operational efficiency.
Curtiss-Wright Corp Financial Results
Here's a look at key financial metrics from the third quarter of 2025:
| Financial Metric | Q3 2025 | Year-Over-Year Change (%) |
|---|---|---|
| Sales | $869M | +9% |
| Operating Income | $166M | - |
| Adjusted Operating Income | $170M | +14% |
| Operating Margin | 19.1% | - |
| Adjusted Operating Margin | 19.6% | +90 basis points |
| Diluted EPS | $3.31 | - |
| Adjusted Diluted EPS | $3.40 | +14% |
| Free Cash Flow (FCF) | $176M | +$13M |
| New Orders | $927M | +8% |
| Backlog | $3.9B | +14% year-to-date |
The company outperformed expectations, particularly in terms of adjusted operating income and margins. These improvements mirror the operational efficiencies and strategic pivots implemented by Curtiss-Wright, emphasizing a refined approach to market engagement and resource allocation.
Revenue Breakdown and Segment Analysis
The following table presents the revenue performance across major segments:
| Segment | Q3 2025 Sales | Year-Over-Year Change (%) |
|---|---|---|
| Aerospace & Industrial | $248M | +8% |
| Defense Electronics | $253M | +4% |
| Naval & Power | $368M | +12% |
Aerospace & Industrial : The segment reported revenue of $248 million, driven by increased sales of sensors products and surface treatment services for fighter jet programs, underscoring robust demand in defense markets. The commercial aerospace market also contributed positively with strong demand for electromechanical actuation equipment and associated products.
Defense Electronics : This segment noted $253 million in sales, evidenced by strong growth in the aerospace defense market. Revenue was propelled by higher sales of embedded computing and flight test instrumentation equipment despite fluctuations in domestic helicopter program revenues.
Naval & Power : The segment achieved a notable 12% growth, generating $368 million in sales. Growth was predominantly backed by robust demand in naval defense markets, fueled by submarine projects like the Columbia-class and Virginia-class programs. Additionally, legacy and new solutions in commercial nuclear solutions contributed significantly to segment growth.
Key Developments
Curtiss-Wright's strategic "Pivot to Growth" initiative clearly bore fruit, driving improvements across all business segments and aligning the company strongly with dynamic market demands. The increase in new orders, along with a subsequent rise in backlog to $3.9 billion, signals enduring customer confidence and sustained demand in both defense and commercial markets.
Executive Commentary
Lynn M. Bamford, Chair and CEO of Curtiss-Wright Corporation, noted, "In the third quarter, Curtiss-Wright continued to deliver strong results under our Pivot to Growth strategy, with higher revenues and growth in operating income across all three segments. We achieved adjusted operating margin of 19.6%, mid-teens growth in diluted EPS, and improved free cash flow generation. Based on our strong year-to-date performance, we have raised our full-year guidance for sales, operating income, and diluted EPS."
Dividends and Share Repurchases
Curtiss-Wright has declared a quarterly dividend of $0.24 per share, continuing its tradition of returning capital to shareholders. Additionally, the company expanded its share repurchase program, targeting a record annual buyback of more than $450 million, reflecting a strategic commitment to leverage its strong balance sheet in shareholder value enhancement.
Curtiss-Wright Corp Stock Forecast
Moving forward, Curtiss-Wright Corporation's financial health, strategic initiatives, and market position provide a solid foundation for optimistic stock performance. Analysts may project high scenarios where the stock reaches new highs benefiting from robust backlog and operational leverage. Conversely, low scenarios might reflect potential headwinds related to market volatility or geopolitical tensions. However, given the current momentum and raised financial guidance, the stock outlook appears promising with potential for further growth.
In conclusion, Curtiss-Wright Corporation's third-quarter results for 2025 illustrate a robust growth trajectory marked by strategic execution, market penetration, and shareholder value focus. The firm remains well-positioned to capitalize on its operational strength across defense and commercial sectors, ensuring sustained growth and shared value creation.
