Woodward Inc (WWD) — 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). Check Woodward Inc (WWD) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Woodward Inc Capital Reinvestment Ratio (1994–2025)
This chart tracks Woodward Inc's Capital Reinvestment Ratio across 32 annual periods. For the full cash flow conversion analysis, see Woodward Inc operating cash flow efficiency.
Annual Capital Reinvestment Ratio for Woodward Inc (1994–2025)
Year-by-year Capital Reinvestment Ratio for Woodward Inc from 1994 to 2025. See Woodward Inc free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
| 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 | — |