---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-007149"
form_type: "8-K"
ticker: "WWD"
cik: "0000108312"
company_name: "Woodward, Inc."
filed_at: "2023-11-16T23:59:59+00:00"
generated_at: "2026-06-08T00:50:57.405285+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Woodward reports FY2023 sales up 22% to $2.91B, EPS $3.78; guides FY2024 EPS $4.70-5.15

## Summary
- Q4 net sales $777M (+21% YoY); GAAP EPS $1.33 vs $0.88; adjusted EPS also $1.33.
- FY23 net sales $2.91B (+22%); GAAP EPS $3.78; adjusted EPS $4.21.
- Free cash flow $232M (FY22: $141M); returned $177M to shareholders via dividends and buybacks.
- FY2024 outlook: sales $3.10-3.25B, EPS $4.70-5.15, free cash flow $275-325M.
- Aerospace segment sales $1.77B (+16%) with margin 16.4%; Industrial $1.15B (+33%) margin 14.1%.

## SEC filing metadata
- accession: 0001171843-23-007149
- form_type: 8-K
- ticker: WWD
- cik: 0000108312
- company_name: Woodward, Inc.
- filed_at: 2023-11-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/108312/000117184323007149/0001171843-23-007149-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/108312/000117184323007149/f8k_111623.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-007149
- JSON: https://secwatch.observer/filing/0001171843-23-007149.json
- Plain text: https://secwatch.observer/filing/0001171843-23-007149.txt

## Key facts
- Earnings Releases
  Woodward, Inc. reported fourth quarter ended September 30, 2023 results: revenue $777 million, net income $83 million, EPS $1.33 per share.
  - Period: fourth quarter ended September 30, 2023
  - Revenue: $777 million
  - Net income: $83 million
  - EPS: $1.33 per share
  - Result: reported results
  source text: Fourth Quarter Overview Net sales were $777 million, compared to $640 million, an increase of 21 percent. Net earnings and adjusted net earnings 1 were $83 million, or $1.33 per share, compared to net earnings of $54 million, or $0.88 per share, and adjusted net earnings of $51 million, or $0.84 per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/108312/000117184323007149/0001171843-23-007149-index.htm
- Earnings Releases
  Woodward, Inc. reported fiscal year ended September 30, 2023 results: revenue $2.91 billion, net income $232 million, EPS $3.78 per share.
  - Period: fiscal year ended September 30, 2023
  - Revenue: $2.91 billion
  - Net income: $232 million
  - EPS: $3.78 per share
  - Result: reported results
  source text: Fiscal Year 2023 Overview Net sales were $2.91 billion, compared to $2.38 billion, an increase of 22 percent. Net earnings were $232 million, or $3.78 per share, compared to net earnings of $172 million, or $2.71 per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/108312/000117184323007149/0001171843-23-007149-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.