Curtiss-Wright Corporation (CW) Financial Statements (2026 and earlier)

Company Profile

Business Address 130 HARBOUR PLACE DRIVE
DAVIDSON, NC 28036
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 359 - Miscellaneous Industrial And Commercial (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments    171198
Cash and cash equivalent    171198
Receivables932835733725647589
Inventory, net of allowances, customer advances and progress billings615541508480406422
Inventory615541510483412429
Progress payments netted against inventory for long-term contracts or programs   (2)(3)(5)(7)
Disposal group, including discontinued operation     1128
Other current assets1008868536757
Other undisclosed current assets 37138540926057
Total current assets:2,0181,8501,7171,5171,3081,301
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization  56789
Operating lease, right-of-use asset199169141154144151
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization382339333343360378
Intangible asset, including goodwill, after accumulated amortization2,2252,2732,1162,1662,0012,065
Goodwill1,6921,6761,5591,5451,4631,455
Intangible asset, excluding goodwill, after accumulated amortization532597558621538610
Other noncurrent assets645651483534
Other undisclosed noncurrent assets33429425621624884
Total noncurrent assets:3,2033,1362,9042,9322,7962,721
TOTAL ASSETS:5,2214,9864,6214,4504,1044,021
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities553466432444359348
Taxes payable37
Accounts payable310247244267212201
Accrued liabilities243219188178144140
Deferred revenue561459304242260253
Debt20090 203 100
Disposal group, including discontinued operation     1310
Other liabilities9180718210399
Total current liabilities:1,4061,096807971735810
Noncurrent Liabilities
Long-term debt and lease obligation7589591,0501,0521,1781,091
Long-term debt, excluding current maturities7589591,0501,0521,051958
Liabilities, other than long-term debt524481436434364332
Deferred income tax liabilities154141132123147115
Liability, pension and other postretirement and postemployment benefits716767589198
Accrued environmental loss contingencies   13131415
Other liabilities120125105108112103
Operating lease, liability178148119132127133
Total noncurrent liabilities:1,2821,4401,4861,4861,5421,423
Total liabilities:2,6882,5362,2932,4572,2772,234
Equity
Equity, attributable to parent2,5342,4502,3281,9921,8261,788
Common stock494949494949
Treasury stock, value(1,817)(1,365)(1,135)(1,107)(1,068)(744)
Additional paid in capital165148140135127123
Accumulated other comprehensive loss(174)(243)(213)(259)(190)(311)
Retained earnings4,3113,8613,4883,1742,9092,670
Total equity:2,5342,4502,3281,9921,8261,788
TOTAL LIABILITIES AND EQUITY:5,2214,9864,6214,4504,1044,021

Income Statement (P&L) ($ in millions)

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenues3,4983,1212,8452,5572,5062,391
Cost of revenue(2,197)(1,968)(1,778)(1,602)(1,573)(1,550)
Cost of product and service sold(2,197)(1,968)(1,778)(1,602)(1,573)(9)
Gross profit:1,3021,1541,067955933841
Operating expenses(668)(625)(583)(531)(551)(552)
Operating income:634529485423383289
Nonoperating income
(Other Nonoperating income)
303830131210
Interest and debt expense(43)(45)(51)(47)(40)(36)
Income from continuing operations before equity method investments, income taxes:620522463389355263
Other undisclosed loss from continuing operations before income taxes      
Income from continuing operations before income taxes:620522463389355263
Income tax expense(136)(117)(109)(95)(87)(62)
Income from continuing operations:484405355294267201
Income before gain (loss) on sale of properties:267201
Net income available to common stockholders, diluted:484405355294267201

Comprehensive Income ($ in millions)

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Net income:484405355294267201
Other comprehensive income (loss)69(30)46(68)12014
Comprehensive income, net of tax, attributable to parent:554375400226388216

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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