Curtiss Wright Corp balance sheet
At the end of fiscal 2025, Curtiss Wright Corp had total assets of $5.22bn, total liabilities of $2.69bn and shareholders' equity of $2.53bn. It held $371m in cash against $958m of debt: net debt of $587m.
Balance sheet
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 65 | 68 | 194 | 112 | 175 | 450 | 289 | 554 | 475 | 276 | 391 | 198 | 171 | 257 | 407 | 385 | 371 | 477 |
| Receivables | 405 | 462 | 543 | 578 | 604 | 495 | 566 | 463 | 495 | 594 | 632 | 589 | 647 | 723 | 733 | 835 | 932 | 997 |
| Inventory | 286 | 281 | 313 | 397 | 452 | 389 | 380 | 367 | 379 | 423 | 425 | 429 | 412 | 483 | 510 | 541 | 615 | 669 |
| Total current assets | 838 | 900 | 1,151 | 1,176 | 1,337 | 1,571 | 1,275 | 1,415 | 1,402 | 1,344 | 1,530 | 1,301 | 1,308 | 1,516 | 1,717 | 1,850 | 2,018 | 2,237 |
| Goodwill | 648 | 694 | 759 | 1,013 | 1,110 | 1,041 | 973 | 951 | 1,096 | 1,088 | 1,167 | 1,455 | 1,463 | 1,545 | 1,559 | 1,676 | 1,692 | 1,687 |
| Total assets | 2,142 | 2,233 | 2,636 | 3,115 | 3,458 | 3,382 | 2,990 | 3,038 | 3,236 | 3,255 | 3,764 | 4,021 | 4,104 | 4,448 | 4,621 | 4,986 | 5,221 | 5,456 |
| Accounts payable | 130 | 133 | 150 | 158 | 187 | 152 | 163 | 178 | 185 | 233 | 222 | 201 | 212 | 267 | 244 | 247 | 310 | 285 |
| Deferred revenue (current) | 168 | 147 | 206 | 172 | 164 | 177 | 182 | 170 | 215 | 237 | 276 | 253 | 260 | 255 | 304 | 459 | 561 | 594 |
| Total current liabilities | 524 | 428 | 512 | 640 | 535 | 572 | 523 | 675 | 591 | 687 | 745 | 810 | 735 | 981 | 807 | 1,096 | 1,406 | 1,397 |
| Short-term debt | 81 | 3 | 3 | 128 | 1 | 1 | 1 | 151 | 0 | 0 | 0 | 100 | 0 | 203 | 0 | 90 | 200 | 200 |
| Long-term debt | 384 | 394 | 584 | 752 | 959 | 953 | 952 | 816 | 814 | 762 | 761 | 958 | 1,051 | 1,052 | 1,050 | 959 | 758 | 757 |
| Total debt | 465 | 397 | 586 | 880 | 960 | 954 | 954 | 966 | 814 | 763 | 761 | 1,058 | 1,051 | 1,254 | 1,050 | 1,049 | 958 | 958 |
| Total liabilities | 1,115 | 1,082 | 1,431 | 1,802 | 1,906 | 1,921 | 1,734 | 1,747 | 1,709 | 1,725 | 1,990 | 2,234 | 2,277 | 2,467 | 2,293 | 2,536 | 2,688 | 2,686 |
| Shareholders' equity | 1,027 | 1,160 | 1,205 | 1,313 | 1,553 | 1,478 | 1,255 | 1,291 | 1,528 | 1,531 | 1,774 | 1,788 | 1,826 | 1,981 | 2,328 | 2,450 | 2,534 | 2,770 |
| Net debt (negative = net cash) | 400 | 329 | 392 | 768 | 785 | 504 | 666 | 412 | 339 | 486 | 370 | 860 | 880 | 997 | 643 | 664 | 587 | 480 |
| Shares outstanding | 46m | 46m | 46m | 46m | 48m | 48m | 45m | 44m | 44m | 43m | 43m | 41m | 38m | 38m | 38m | 38m | 37m | 37m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Receivables | 858 | 835 | 911 | 962 | 977 | 932 | 996 | 997 |
| Inventory | 583 | 541 | 578 | 611 | 637 | 615 | 641 | 669 |
| Total current assets | 1,952 | 1,850 | 1,800 | 2,000 | 1,927 | 2,018 | 2,072 | 2,237 |
| Goodwill | 1,583 | 1,676 | 1,674 | 1,699 | 1,693 | 1,692 | 1,685 | 1,687 |
| Total assets | 4,886 | 4,986 | 4,952 | 5,194 | 5,102 | 5,221 | 5,270 | 5,456 |
| Accounts payable | 223 | 247 | 238 | 261 | 270 | 310 | 277 | 285 |
| Deferred revenue (current) | 392 | 459 | 448 | 500 | 504 | 561 | 569 | 594 |
| Total current liabilities | 987 | 1,096 | 954 | 1,027 | 1,101 | 1,406 | 1,360 | 1,397 |
| Short-term debt | 90 | 90 | 0 | 0 | 0 | 200 | 200 | 200 |
| Long-term debt | 959 | 959 | 959 | 958 | 969 | 758 | 758 | 757 |
| Total debt | 1,049 | 1,049 | 959 | 958 | 969 | 958 | 958 | 957 |
| Total liabilities | 2,395 | 2,536 | 2,393 | 2,483 | 2,573 | 2,688 | 2,638 | 2,686 |
| Shareholders' equity | 2,490 | 2,450 | 2,559 | 2,712 | 2,529 | 2,534 | 2,632 | 2,770 |
| Shares outstanding | 38m | 38m | 38m | 38m | 37m | 37m | 37m | 37m |
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