Woodward Inc Capital Reinvestment Ratio
Woodward Inc capital reinvestment ratio. Woodward Inc (WWD) has a Capital Reinvestment Ratio of 0.39x as of December 2025, meaning it reinvests 0% of its operating cash flow ($114.44 Million) in capital expenditures ($44.13 Million). See Woodward Inc free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Woodward Inc (1994–2025)
Capital reinvestment ratio of Woodward Inc from 1994 to 2025. This chart tracks Woodward Inc's Capital Reinvestment Ratio across 32 annual periods. See Woodward Inc financial flexibility index to measure the company's free cash flow as a share of total liabilities.
Woodward Inc Capital Reinvestment Ratio by Year (1994–2025)
Woodward Inc capital reinvestment ratio by year from 1994 to 2025. For the full cash flow conversion analysis, see Woodward Inc operating cash flow efficiency.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.28x | $471.29 Million | $130.93 Million | ▲ +26.7% |
| 2024 | 0.22x | $439.09 Million | $96.28 Million | ▼ -11.6% |
| 2023 | 0.25x | $308.54 Million | $76.50 Million | ▼ -9.2% |
| 2022 | 0.27x | $193.64 Million | $52.87 Million | ▲ +236.6% |
| 2021 | 0.08x | $464.67 Million | $37.69 Million | ▼ -39.8% |
| 2020 | 0.13x | $349.49 Million | $47.09 Million | ▼ -47.2% |
| 2019 | 0.26x | $388.37 Million | $99.07 Million | ▼ -40.0% |
| 2018 | 0.42x | $299.29 Million | $127.14 Million | ▲ +41.5% |
| 2017 | 0.30x | $307.54 Million | $92.34 Million | ▼ -25.6% |
| 2016 | 0.40x | $435.38 Million | $175.69 Million | ▼ -59.5% |
| 2015 | 1.00x | $287.43 Million | $286.61 Million | ▲ +29.1% |
| 2014 | 0.77x | $268.08 Million | $207.11 Million | ▲ +21.4% |
| 2013 | 0.64x | $222.59 Million | $141.60 Million | ▲ +39.1% |
| 2012 | 0.46x | $141.93 Million | $64.90 Million | ▲ +8.6% |
| 2011 | 0.42x | $114.62 Million | $48.26 Million | ▲ +176.5% |
| 2010 | 0.15x | $184.57 Million | $28.10 Million | ▲ +15.0% |
| 2009 | 0.13x | $218.65 Million | $28.95 Million | ▼ -55.8% |
| 2008 | 0.30x | $125.35 Million | $37.52 Million | ▲ +10.2% |
| 2007 | 0.27x | $117.72 Million | $31.98 Million | ▼ -31.0% |
| 2006 | 0.39x | $80.54 Million | $31.71 Million | ▲ +2.7% |
| 2005 | 0.38x | $69.43 Million | $26.61 Million | ▲ +74.7% |
| 2004 | 0.22x | $85.22 Million | $18.70 Million | ▼ -29.1% |
| 2003 | 0.31x | $60.77 Million | $18.80 Million | ▲ +23.5% |
| 2002 | 0.25x | $91.39 Million | $22.90 Million | ▼ -29.4% |
| 2001 | 0.36x | $86.99 Million | $30.89 Million | ▼ -28.5% |
| 2000 | 0.50x | $55.21 Million | $27.42 Million | ▲ +29.9% |
| 1999 | 0.38x | $59.90 Million | $22.90 Million | ▼ -91.9% |
| 1998 | 4.70x | $43.10 Million | $202.70 Million | ▲ +1144.5% |
| 1997 | 0.38x | $56.10 Million | $21.20 Million | ▼ -6.4% |
| 1996 | 0.40x | $52.50 Million | $21.20 Million | ▼ -33.4% |
| 1995 | 0.61x | $31.32 Million | $18.99 Million | ▲ +31.4% |
| 1994 | 0.46x | $35.80 Million | $16.52 Million | — |