Woodward Inc (WWD) — Cash Flow Reinvestment Rate

Latest as of December 2025: 0.39x

Woodward Inc (WWD) has a Cash Flow Reinvestment Rate of 0.39x as of December 2025, reinvesting $44.13 Million (capex $44.13 Million ) from operating cash flow of $114.44 Million. See Woodward Inc free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.39x
(Capex + Investments) / Operating CF

Total Reinvested

$44.13 Million
Capex + Investments

Operating Cash Flow

$114.44 Million
USD

Capital Expenditures

$44.13 Million
USD

Woodward Inc Cash Flow Reinvestment Rate (1994–2025)

Historical reinvestment intensity for Woodward Inc across 32 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Woodward Inc.

Annual Cash Flow Reinvestment Rate for Woodward Inc (1994–2025)

Year-by-year capital reinvestment analysis for Woodward Inc. See financial agility of Woodward Inc to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.53x $250.48 Million $471.29 Million $130.93 Million ▲ +25.8%
2024 0.42x $185.50 Million $439.09 Million $96.28 Million ▼ -13.1%
2023 0.49x $150.05 Million $308.54 Million $76.50 Million ▲ +68.8%
2022 0.29x $55.79 Million $193.64 Million $52.87 Million ▲ +235.3%
2021 0.09x $39.93 Million $464.67 Million $37.69 Million ▼ -44.4%
2020 0.15x $53.97 Million $349.49 Million $47.09 Million ▼ -42.1%
2019 0.27x $103.54 Million $388.37 Million $99.07 Million ▼ -92.2%
2018 3.42x $1.02 Billion $299.29 Million $127.14 Million ▲ +471.1%
2017 0.60x $184.20 Million $307.54 Million $92.34 Million ▼ -25.4%
2016 0.80x $349.64 Million $435.38 Million $175.69 Million ▼ -20.8%
2015 1.01x $291.53 Million $287.43 Million $286.61 Million ▲ +28.2%
2014 0.79x $212.02 Million $268.08 Million $207.11 Million ▲ +24.3%
2013 0.64x $141.60 Million $222.59 Million $141.60 Million ▲ +39.1%
2012 0.46x $64.90 Million $141.93 Million $64.90 Million ▼ -7.2%
2011 0.49x $56.47 Million $114.62 Million $48.26 Million ▲ +223.6%
2010 0.15x $28.10 Million $184.57 Million $28.10 Million ▲ +15.0%
2009 0.13x $28.95 Million $218.65 Million $28.95 Million ▼ -55.8%
2008 0.30x $37.52 Million $125.35 Million $37.52 Million ▲ +10.2%
2007 0.27x $31.98 Million $117.72 Million $31.98 Million ▼ -31.0%
2006 0.39x $31.71 Million $80.54 Million $31.71 Million ▲ +2.7%
2005 0.38x $26.61 Million $69.43 Million $26.61 Million ▲ +74.7%
2004 0.22x $18.70 Million $85.22 Million $18.70 Million ▼ -29.1%
2003 0.31x $18.80 Million $60.77 Million $18.80 Million ▲ +23.5%
2002 0.25x $22.90 Million $91.39 Million $22.90 Million ▼ -29.4%
2001 0.36x $30.89 Million $86.99 Million $30.89 Million ▼ -28.5%
2000 0.50x $27.42 Million $55.21 Million $27.42 Million ▲ +29.9%
1999 0.38x $22.90 Million $59.90 Million $22.90 Million ▼ -91.9%
1998 4.70x $202.70 Million $43.10 Million $202.70 Million ▲ +1144.5%
1997 0.38x $21.20 Million $56.10 Million $21.20 Million ▼ -6.4%
1996 0.40x $21.20 Million $52.50 Million $21.20 Million ▼ -33.4%
1995 0.61x $18.99 Million $31.32 Million $18.99 Million ▲ +31.4%
1994 0.46x $16.52 Million $35.80 Million $16.52 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow