Woodward Inc (WWD) — Cash Flow Quality Index
Woodward Inc (WWD) has a Cash Flow Quality Index of 0.86x as of December 2025. Operating cash flow of $114.44 Million is below net income of $133.72 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore how well can Woodward Inc service its debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Woodward Inc Cash Flow Quality Index (1995–2025)
Historical Cash Flow Quality Index for Woodward Inc across 31 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Woodward Inc cash conversion from operations.
Annual Cash Flow Quality Index for Woodward Inc (1995–2025)
Year-by-year earnings quality comparison for Woodward Inc.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.07x | $471.29 Million | $442.11 Million | ▼ -9.5% |
| 2024 | 1.18x | $439.09 Million | $372.97 Million | ▼ -11.3% |
| 2023 | 1.33x | $308.54 Million | $232.37 Million | ▲ +17.7% |
| 2022 | 1.13x | $193.64 Million | $171.70 Million | ▼ -49.4% |
| 2021 | 2.23x | $464.67 Million | $208.65 Million | ▲ +53.2% |
| 2020 | 1.45x | $349.49 Million | $240.40 Million | ▼ -2.8% |
| 2019 | 1.50x | $388.37 Million | $259.60 Million | ▼ -9.8% |
| 2018 | 1.66x | $299.29 Million | $180.38 Million | ▲ +8.2% |
| 2017 | 1.53x | $307.54 Million | $200.51 Million | ▼ -36.3% |
| 2016 | 2.41x | $435.38 Million | $180.84 Million | ▲ +52.0% |
| 2015 | 1.58x | $287.43 Million | $181.45 Million | ▼ -2.0% |
| 2014 | 1.62x | $268.08 Million | $165.84 Million | ▲ +6.0% |
| 2013 | 1.53x | $222.59 Million | $145.94 Million | ▲ +52.2% |
| 2012 | 1.00x | $141.93 Million | $141.59 Million | ▲ +15.6% |
| 2011 | 0.87x | $114.62 Million | $132.24 Million | ▼ -47.9% |
| 2010 | 1.67x | $184.57 Million | $110.84 Million | ▼ -28.1% |
| 2009 | 2.32x | $218.65 Million | $94.35 Million | ▲ +125.3% |
| 2008 | 1.03x | $125.35 Million | $121.88 Million | ▼ -14.2% |
| 2007 | 1.20x | $117.72 Million | $98.16 Million | ▲ +4.1% |
| 2006 | 1.15x | $80.54 Million | $69.90 Million | ▼ -7.1% |
| 2005 | 1.24x | $69.43 Million | $55.97 Million | ▼ -54.3% |
| 2004 | 2.72x | $85.22 Million | $31.38 Million | ▼ -44.8% |
| 2003 | 4.92x | $60.77 Million | $12.35 Million | ▲ +129.9% |
| 2002 | 2.14x | $91.39 Million | $42.68 Million | ▲ +30.6% |
| 2001 | 1.64x | $86.99 Million | $53.07 Million | ▲ +39.5% |
| 2000 | 1.18x | $55.21 Million | $46.98 Million | ▼ -39.6% |
| 1999 | 1.94x | $59.90 Million | $30.80 Million | ▼ -2.5% |
| 1998 | 2.00x | $43.10 Million | $21.60 Million | ▼ -35.6% |
| 1997 | 3.10x | $56.10 Million | $18.10 Million | ▲ +30.5% |
| 1996 | 2.38x | $52.50 Million | $22.10 Million | ▼ -9.5% |
| 1995 | 2.62x | $31.32 Million | $11.94 Million | — |