Curtiss-Wright Corp

Latest Results (12.11.2025):

Curtiss-Wright Corporation reported strong financial performance in the second quarter of 2025, demonstrating robust growth and improved profitability across its key segments. The company recorded reported sales of $877 million—up 12% year-over-year—along with an operating income of $156 million and diluted earnings per share of $3.19. Adjusted figures showed even more promising results with operating income climbing to $160 million and adjusted EPS at $3.23, reflecting gains across Aerospace & Industrial, Defense Electronics, and Naval & Power segments. Additionally, the firm raised its full-year 2025 guidance, signaling confidence in sustaining momentum amidst favorable market trends.

Key Financial Metrics

In Q2 2025, reported sales reached $877 million, marking a 12% increase from the prior year. Operating income rose to $156 million (a 21% increase), yielding an operating margin of 17.8%, while diluted EPS stood at $3.19. Adjusted operating income improved to $160 million, and adjusted EPS reached $3.23, up by 20% and 21% respectively.

Segment Performance

The performance across segments was strong: Aerospace & Industrial sales increased 3% to $239 million; Defense Electronics sales climbed 11% to $253 million; and Naval & Power sales jumped 19% to $384 million. Each segment benefited from higher demand, improved product mix, and operational efficiencies, contributing positively to overall results.

Free Cash Flow and Order Backlog

Free cash flow improved to $117 million, up 17% from the previous year, driven by enhanced cash earnings and better working capital management. New orders hit $1.0 billion, and the order backlog increased to $3.9 billion, underscoring strong market demand in both the aerospace & defense and commercial sectors.

Enhanced Full-Year 2025 Guidance

Building on its strong second-quarter performance, Curtiss-Wright raised its full-year guidance. The updated outlook now projects sales growth of 9% to 10%, operating income growth between 15% and 18%, and an operating margin rising to between 18.5% and 18.7%. Additionally, full-year free cash flow is expected to be between $520 million and $535 million, reflecting the company’s ongoing commitment to capital discipline and operational excellence.