Terence J. Voskuil
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
Highest-materiality recent filing
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 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 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%).
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 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 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 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 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 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 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.
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 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 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 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).
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.
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