- Curtiss-Wright Corporation (CW, Financial) reports an impressive Q1 2025, with sales at $806 million, a 13% increase year-over-year.
- Operating income rose by 29% to $129 million, with a significant adjusted EPS growth of 42% to $2.82.
- Full-year 2025 guidance is raised, with sales expected to grow 8-9%, and diluted EPS projected to increase by 14-17%.
Curtiss-Wright Corporation (CW) has reported its financial results for the first quarter of 2025, showcasing substantial growth across various metrics. The company achieved sales of $806 million, marking a 13% increase compared to the same period last year. The operating income also saw a noteworthy surge, climbing 29% to $129 million, and the operating margin expanded to 16.0%.
The adjusted figures presented by Curtiss-Wright indicate even stronger performance. Adjusted operating income reached $134 million, representing a 34% rise, while the adjusted operating margin improved by 260 basis points to 16.6%. The company's adjusted diluted earnings per share (EPS) skyrocketed by 42% to $2.82, further emphasizing its robust financial health.
In addition to the first-quarter results, Curtiss-Wright has raised its full-year 2025 guidance. Sales growth is now anticipated to be in the range of 8% to 9%, compared to the previous estimate of 7% to 8%. The operating income growth forecast was also increased to 13% to 16%, up from 10% to 12%, and the operating margin is expected to expand to between 18.3% and 18.5%. The full-year EPS guidance was revised to $12.45 to $12.80, indicating a potential increase of 14% to 17% over 2024.
The company's performance was bolstered by a record $1.0 billion in new orders, reflecting a strong 13% increase and a book-to-bill ratio of 1.26. This growth was driven by increased demand across its Aerospace & Defense and commercial nuclear markets. Curtiss-Wright's management remains confident in sustaining this momentum, thanks to the effectiveness of its "Pivot to Growth" strategy and a disciplined capital allocation approach.
