---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-24-002324"
form_type: "8-K"
ticker: "WWD"
cik: "0000108312"
company_name: "Woodward, Inc."
filed_at: "2024-04-29T23:59:59+00:00"
generated_at: "2026-06-03T05:22:39.912392+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Woodward Q2 net sales $835M (+16% YoY), EPS $1.56, adj. EPS $1.62; raises FY guidance

## Summary
- Net sales $835M (+16% YoY); net earnings $98M ($1.56 EPS) vs $36M ($0.58); adjusted EPS $1.62 vs $1.01.
- Aerospace sales up 14% to $498M, segment earnings margin 19.8%; Industrial sales up 20% to $338M, margin 19.3%.
- Full-year guidance raised: sales $3.25-$3.35B, adj. EPS $5.70-$6.00, adj. FCF $325-$375M.
- H1 operating cash flow $144M (vs $40M), free cash flow $88M (vs -$4M); debt-to-EBITDA 1.2x (vs 2.2x).
- CEO cites operational excellence, strong China on-highway and power generation demand driving growth.

## SEC filing metadata
- accession: 0001171843-24-002324
- form_type: 8-K
- ticker: WWD
- cik: 0000108312
- company_name: Woodward, Inc.
- filed_at: 2024-04-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/108312/000117184324002324/0001171843-24-002324-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/108312/000117184324002324/f8k_042924.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-24-002324
- JSON: https://secwatch.observer/filing/0001171843-24-002324.json
- Plain text: https://secwatch.observer/filing/0001171843-24-002324.txt

## Key facts
- Earnings Releases
  Woodward, Inc. reported second quarter of fiscal year 2024 results: revenue $835 million, net income $98 million, or $1.56 per share. Guidance raised.
  - Period: second quarter of fiscal year 2024
  - Revenue: $835 million
  - Net income: $98 million, or $1.56 per share
  - Guidance: raised
  - Result: reported results
  source text: amounts are presented on a fully diluted basis. All comparisons are made to the same period of the prior year unless otherwise stated. Second Quarter Overview Net sales were $835 million, compared to $718 million, an increase of 16 percent. Net earnings were $98 million, or $1.56 per share, compared to net earnings of $36 million, or $0.58 per share. Adjusted net
  evidence_url: https://www.sec.gov/Archives/edgar/data/108312/000117184324002324/0001171843-24-002324-index.htm

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