Highest-materiality recent filing
Woodward issues $450M senior notes in three tranches due 2029-2033
Aggregate $450M senior unsecured notes: $150M each Series U (2029), V (2030), W (2033).
Woodward Q3 FY2026 EPS $2.40 (+36% YoY); raises full-year adjusted EPS guidance to $9.30-$9.50
Net sales $1.1B (+21% YoY); adjusted EPS $2.52 (+43% YoY).
Woodward declares $0.32 quarterly dividend, payable Sep 3, 2026
Board declared cash dividend of $0.32 per share for the quarter.
Woodward EVP & CTO Aerospace Terence Voskuil to retire Oct 2
Terence J. Voskuil, EVP & Chief Technology Officer Aerospace, notified retirement effective Oct 2, 2026.
Woodward enters $1B revolver and $250M term loan, extends maturity to 2031
Third Amended and Restated Credit Agreement provides $1B revolving commitments, matures May 28, 2031 (extended from Oct 2027).
Woodward Q2 net sales up 23% to $1.1B; raises FY2026 sales and EPS guidance
Q2 EPS $2.19 (+23% YoY), adjusted EPS $2.27 (+34%); net earnings $134M (+23%).
Woodward declares $0.32 quarterly dividend payable June 4, 2026
Cash dividend of $0.32 per share approved by Board on April 22, 2026.
Woodward elects Frederico F. Curado to Board of Directors effective June 1, 2026
Board increased from nine to 10 directors to accommodate Curado's election.
Woodward stockholders elect three directors and approve all five proposals at 2026 annual meeting
David Hess, Mary Petryszyn, Tana Utley elected as directors for three-year terms; Hess received 43.2M for, 5.2M against.
Woodward increases quarterly dividend by 14% to $0.32 per share
Quarterly dividend raised from $0.28 to $0.32 per share, a 14% increase.
Woodward Q1 beats; EPS $2.17 (+53%); raises FY26 sales and EPS guidance
Net sales $996M (+29% YoY); net earnings $134M (+54%); EPS $2.17 (+53%).
Cumulative pre-tax charges estimated at $20-25M: $3-4M non-cash asset charges, $5-7M severance, $12-14M other exit costs.
Woodward reports record FY2025 sales $3.57B, EPS $7.19; guides FY2026 EPS $7.50-$8.00
Q4 net sales $995M (+16%), net earnings $138M (+66%), diluted EPS $2.23 (+64%).
Woodward announces new $1.8B three-year share repurchase authorization
Board authorized $1.8B in share repurchases over three years, replacing completed $600M prior authorization.
Woodward declares quarterly cash dividend of $0.28 per share
Dividend of $0.28 per share declared for the quarter.
Woodward appoints Shawn McLevige as Aerospace President; Voskuil transitions to CTO
Shawn McLevige named President of Aerospace segment, effective Oct 1, 2025, reporting to CEO Chip Blankenship.
Woodward Raises FY2025 Guidance After Q3 Earnings Beat; Aerospace Drives Growth
Q3 net sales $915M, up 8% YoY; EPS $1.76, up 8% YoY
Woodward Q3 FY25 EPS $1.76 (+8%); raises FY sales/earnings guidance; lowers FCF view
Q3 net sales $915M (+8% YoY); EPS $1.76 (+8%) on strong Aerospace demand.
Woodward declares $0.28 per share quarterly dividend payable September 4
Board approved cash dividend of $0.28 per share for the quarter on July 23, 2025.
Woodward Q2 FY2025 EPS $1.78, revenue $884M (+6%); raises low end of FY guidance
Aerospace segment revenue up 13% to $562M; defense OEM surged 52%; commercial aftermarket up 23%.
Woodward declares $0.28 quarterly dividend, payable June 5
Board approved cash dividend of $0.28 per share for the quarter.
Woodward stockholders approve director elections, say-on-pay, and auditor at 2024 annual meeting
Three directors elected: Bhalla (47.8M for), Paterson (46.3M for), Sengstack (38.4M for); Sengstack had 10.2M against.
Woodward increases quarterly dividend by 12% to $0.28 per share
Quarterly cash dividend raised 12% to $0.28 per share from $0.25.
Woodward Q1 FY2025: sales $773M -2%, EPS $1.42 -3%; narrows FY25 adj EPS outlook to $5.85-6.25
Net sales $773M (-2% YoY); net earnings $87M (-3%); GAAP EPS $1.42 (-3%); adjusted EPS $1.35 (-7%).
Woodward reports record FY2024 sales $3.3B, EPS $6.01 (+59%); guides FY2025 EPS $5.75-6.25
FY2024 net sales $3.3B (+14% YoY); EPS $6.01 (+59%); adjusted EPS $6.11 (+45%).
Woodward declares $0.25 quarterly dividend payable Dec 5, 2024
Cash dividend of $0.25 per share declared by Board on Sept 17, 2024.
Woodward files transcript of August 28 webcast; no specific financial updates disclosed
Management participated in a Goldman Sachs fireside chat on August 28, 2024.
Woodward Q3 net sales up 6% to $848M; EPS $1.63 vs $1.37; guides FY adj EPS $5.80-$6.00
Net sales $848M (+6% YoY), net earnings $102M ($1.63 diluted EPS), vs $85M ($1.37).
Woodward declares $0.25 quarterly dividend, payable Sept 5, 2024
Board declared a cash dividend of $0.25 per share for the quarter.
Woodward Q2 net sales $835M (+16% YoY), EPS $1.56, adj. EPS $1.62; raises FY guidance
Net sales $835M (+16% YoY); net earnings $98M ($1.56 EPS) vs $36M ($0.58); adjusted EPS $1.62 vs $1.01.
Woodward declares $0.25 quarterly dividend payable June 5, 2024
Cash dividend of $0.25 per share declared for the quarter.
Woodward discloses $927,500 severance for departing GC A. Christopher Fawzy
Lump sum cash severance of $927,500, plus prorated STI payout (45.48% of fiscal 2024 target) and Cash LTI prorations (81.75% for 2024 cycle, 48.45% for 2025 cycle).
EVP, General Counsel & Secretary Fawzy departs Woodward effective March 14, 2024
A. Christopher Fawzy, EVP General Counsel, Chief Compliance Officer & Secretary, leaves Woodward effective March 14, 2024.
Woodward Q1 FY2024 net sales $787M (+27% YoY); raises full-year adj. EPS guidance to $5.00-$5.40
Q1 net sales $787M (+27% YoY); GAAP EPS $1.46, adj. EPS $1.45 vs $0.49 prior year.
Charles P. Blankenship, John D. Cohn, and Daniel G. Korte elected to three-year terms with >45M votes each; broker non-votes 5,655,789.
Woodward raises quarterly dividend 14% to $0.25/share, authorizes $600M buyback
Quarterly dividend increased ~14% to $0.25 per share from $0.22.
Woodward reports FY2023 sales up 22% to $2.91B, EPS $3.78; guides FY2024 EPS $4.70-5.15
Q4 net sales $777M (+21% YoY); GAAP EPS $1.33 vs $0.88; adjusted EPS also $1.33.
Woodward declares $0.22 quarterly cash dividend, payable Dec 4
Dividend of $0.22 per share for the quarter.
Woodward appoints Petryszyn to Audit, Utley to Compensation and Governance committees
Mary D. Petryszyn appointed to Audit Committee effective July 26, 2023.
Woodward Q3 net sales up 30% to $801M; raises FY adjusted EPS guidance to $4.05-$4.25
Q3 net earnings $85M ($1.37 EPS) vs $39M ($0.64 EPS) YoY.
Woodward declares $0.22 per share quarterly dividend
Cash dividend of $0.22 per share approved by Board on July 26, 2023.
Woodward adds Mary Petryszyn and Tana Utley to board, expand from 8 to 10 directors
Petryszyn is former Corporate VP at Northrop Grumman; Utley spent 36 years at Caterpillar, most recently VP of Large Power Systems.
Woodward Q2 net sales up 22% to $718M; adjusted EPS $1.01 beats; raises FY23 guidance
Q2 net sales $718M (+22% YoY); GAAP EPS $0.58 (vs $0.74); adjusted EPS $1.01 (vs $0.72).
Woodward declares quarterly cash dividend of $0.22 per share
Board approved a cash dividend of $0.22 per share for the quarter.
Woodward appoints Bill Lacey as CFO effective May 8, 2023; Mark Hartman departs
Lacey previously VP Finance at Amazon Books/Kindle Content and President/CEO of GE Lighting (Savant).
Shareholders re-elect director David P. Hess and approve 500,000 share increase to equity plan
David P. Hess re-elected to Board with 39.3M votes for, 11.6M against.
Woodward Q1 net sales up 14% to $619M; EPS flat at $0.49; free cash flow negative $19M
Net earnings $30M ($0.49 diluted EPS) vs $30M ($0.47) in prior year; adjusted net earnings $36M.
Woodward increases quarterly dividend 16% to $0.22 per share
Board approved $0.22 per share dividend, up from $0.19 in prior quarter (16% increase).
Woodward reports FY2022 EPS $2.71; Q4 sales up 12% but earnings flat; FY2023 guidance $3.15-3.60 EPS
Net sales FY2022 $2.38B (+6% YoY); net earnings $172M ($2.71 per share) vs $209M.
Woodward enters $1B amended credit facility, extends maturity to 2027, removes certain covenants
Revolving loan commitment of $1,000,000,000; maturity extended to October 2027.
On June 2, 2026, Terence J. Voskuil notified Woodward, Inc. of his intention to retire from his position as Executive Vice President, Chief Technology Officer, Aerospace, effective October 2, 2026 (the
Mr. Fawzy’s departure was a Qualifying Termination under his Amended and Restated Executive Severance and Change in Control Agreement
On March 12, 2024, it was determined that A. Christopher Fawzy, EVP, General Counsel, Chief Compliance Officer and Secretary would depart the Company.
On May 7, 2023, the Board of Directors (the “Board”) of Woodward, Inc. (“Woodward”) elected Mary D. Petryszyn and Tana L. Utley to serve on the Board, effective June 1, 2023.
On May 7, 2023, the Board of Directors (the “Board”) of Woodward, Inc. (“Woodward”) elected Mary D. Petryszyn and Tana L. Utley to serve on the Board, effective June 1, 2023.
On April 5, 2023, Woodward, Inc. (the "Company") announced that William F. Lacey, 53, has been appointed as Chief Financial Officer (“CFO”) of the Company, effective May 8, 2023.
Mr. Hartman will depart the Company thereafter.
Roger A. Ross, who previously served as President, Aero Systems, will serve as Sr. Vice President, Missiles & Space, effective as of October 18, 2022.
Sagar A. Patel, who previously served as President, Engine Systems, departed the Company effective October 18, 2022.
On April 16, 2022, Thomas A. Gendron, Chairman, Chief Executive Officer and President of Woodward, Inc. (“Woodward”, or the “Company”), notified the Board of Directors of the Company (the “Board”) that he intends to retire from his role as Chairman of the Board, Chief Executive Officer and President effective May 9, 2022.
Mr. Charles ("Chip") Blankenship, Jr. has been appointed as Chief Executive Officer and President of the Company effective May 9, 2022.
On September 3, 2021, the Board of Directors (the “Board”) of Woodward, Inc. (“Woodward”) appointed Rajeev Bhalla to serve on the Board, effective upon the commencement of the meetings of the Board and its committees on September 20, 2021.
Max materiality 0.90 · Median 0.55 · Most common event earnings