Woodward Lifts FY2026 Outlook as Q3 Sales Climb 21% and EPS Rises 36%
WWD sits 65% above its 52-week low of $233.31.
Summary
Woodward posted Q3 FY2026 results with 21% sales growth and 36% EPS growth, raised full-year guidance, and continued aggressive share buybacks.
Key Events · Earnings and Guidance · WWD
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Q3 Sales +21%, EPS +36%
Net sales reached $1.11 billion, up 21% year-over-year. Diluted EPS came in at $2.40, a 36% increase, while adjusted EPS of $2.52 rose 43%.
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Industrial Segment Earnings Surge 86%
Earnings in the Industrial segment hit $88 million, an 86% jump, powered by robust sales growth across transportation, power generation, and oil & gas.
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Aerospace Margin Expands to 24.0%
The Aerospace segment margin widened 290 basis points to 24.0%, reflecting price realization and volume leverage.
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Full-Year Guidance Raised
Adjusted EPS guidance was lifted to $9.30–$9.50 from $9.15–$9.45. The sales growth outlook was maintained at 20–23%.
Analysis · WWD · Manufacturing
Broad-based strength drove a standout quarter for Woodward. Sales rose 21% to $1.1 billion, fueled by 19% growth in Aerospace and a 26% jump in Industrial, where earnings nearly doubled. Margins expanded in both segments. Reflecting confidence in sustained demand, management raised full-year adjusted EPS guidance to $9.30–$9.50. The company also repurchased $198 million in stock during the quarter, signaling conviction in its valuation. This is a clear positive signal for a large-cap industrial name executing well across its end markets.
At the time of this filing, WWD was trading at $385.68 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $23B. The 52-week trading range was $233.31 to $450.92. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.