Curtiss-Wright Corporation

NYSE-CW

Operating Activities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Net Income	465.1	451.4	429.8	405	407	392.6
Net Earnings
Depreciation & Amortization	120.1	115.6	111.5	107.7	110.2	112.3
Depreciation and Amortization
Share-Based Compensation Expense	20.3	19.9	19.5	18.9	18.8	17.4
Share-Based Compensation
Other Adjustments	7	-1.7	-6.6	-7.6	-6.7	-1.2
Gain on Sale of Businesses
Loss on Divestiture
Impairment of Assets Held for Sale
(Gain) on Sale/Disposal of Long-Lived Assets
Deferred Income Taxes
Foreign Exchange Loss on Substantial Liquidation of Subsidiary
Inventory Write-Downs
Non-Cash Restructuring Charges
Changes in Trade Receivables	-96.8	-113.4	-113.8	-88.8	-67	-66.3
Receivables, Net
Changes in Inventories	-49	-38	-22.7	-34.5	-36.6	-19.6
Inventories, Net
Changes in Accounts Payable	59.7	31.2	14.9	16	11	0.9
Accounts Payable and Accrued Expenses
Changes in Income Taxes Payable	—	—	—	—	—	—
Income Taxes
Changes in Unearned Revenue	98.8	143.4	137.3	144.3	95.9	62.9
Deferred Revenue
Changes in Other Operating Activities	-35.1	-32.1	-18.7	-16.7	-10.3	-6.1
Progress Payments
Pension and Postretirement Liabilities, Net
Termination of Interest Rate Swap
Other Liabilities
Other
Other Current and Long-Term Assets and Liabilities
Cash from Operating Activities	592	576.4	551.1	544.3	525.3	494.4
Net Cash Provided by Operating Activities

Investing Activities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Capital Expenditure	-75.3	-73	-64.7	-61	-50.3	-45.1
Additions to Property, Plant, and Equipment
Proceeds from Sale of Property, Plant & Equipment	2.4	3.4	3.7	3.2	9.9	8.8
Proceeds from Sales and Disposals of Long-Lived Assets
Purchases of Intangible Assets	—	—	—	—	—	—
Acquisition of Intangible Assets
Purchases of Investments	—	—	—	—	—	—
Purchases of Investments
Payments for Business Acquisitions	—	—	—	-225.5	—	—
Acquisition of Business, Net of Cash Acquired
Additional Consideration Paid on Prior Year Acquisitions
Proceeds from Business Divestments	—	—	—	—	—	—
Proceeds from Divestitures
Other Investing Activities	—	—	—	—	—	—
Other
Cash from Investing Activities	-266.4	-263.1	-296.2	-283.3	-74.2	-70.1
Net Cash Provided by Investing Activities

Financing Activities	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Issuance of Short-Term Debt	276	151.4	94.5	21.3	68.5	165.9
Borrowings Under Revolving Credit Facility
Repayments of Short-Term Debt	-265.5	-151.4	-94.5	-21.3	-68.5	-290.9
Payment of Revolving Credit Facility
Net Issuance / (Repayments) of Short-Term Debt	10.5	—	—	—	—	-125
Issuance of Long-Term Debt	—	—	—	—	—	—
Borrowings of Debt
Repayments of Long-Term Debt	—	—	—	—	—	—
Principal Payments on Debt
Net Issuance / (Repayments) of Long-Term Debt	—	—	—	—	—	—
Issuance of Common Shares	18.5	17.8	17.5	11.3	14.1	13.6
Proceeds from Share-Based Compensation
Repurchases of Common Shares	-437.5	-260.3	-252.1	-250	-150.4	-50.6
Repurchases of Common Stock
Net Issuance / (Repurchases) of Common Shares	-419.1	-242.5	-234.5	-238.7	-136.3	-37
Common Share Dividends Paid	—	—	—	-31.7	—	—
Dividends Paid
Other Financing Activities	-1.2	-1.2	-1.2	-1.2	-1.2	-1.1
Other
Excess Tax Benefits from Share-Based Compensation
Cash from Financing Activities	-538.7	-371.6	-363.1	-271.5	-171.2	-196.5
Net Cash Provided by Financing Activities