CW Q1 2023 Earnings — Curtiss-Wright Corporation Revenue & Financial Results | Market Cap Arena

CWCurtiss-Wright Corporation

$26B

Q1 2023 Earnings

Industrials Aerospace & Defense

Income Statement

Revenue

$631M+12.8% YoY

Gross Profit

$221M35.1% margin

Operating Income

$79M12.5% margin

Net Income

$57M9.0% margin

EPS (Diluted)

$1.48

QoQ Revenue Growth

-16.7%

Cash Flow

Operating Cash Flow

-$92M

Free Cash Flow

-$102M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$4.4B

Total Liabilities

$2.3B

Stockholders' Equity

$2.1B

Cash & Equivalents

$131M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$631M	$559M	+12.8%
Gross Profit	$221M	$201M	+9.9%
Operating Income	$79M	$61M	+29.9%
Net Income	$57M	$41M	+39.7%

Revenue Segments

Naval Defense

$172M27%

Power & Process

$120M19%

General Industrial

$102M16%

Aerospace Defense

$100M16%

Commercial Aerospace

$70M11%

Ground Defense

$66M11%