Curtiss-Wright Corporation
Curtiss-Wright Reports Strong FY24 Performance and Provides 2025 Guidance
Summary
Curtiss-Wright Corporation reported record financial results for the year ended December 31, 2024, with total sales of $3.1 billion, operating income of $529 million, and diluted EPS of $10.55. The company also provided 2025 guidance, expecting total sales growth of 7-8%, operating income of $598-$613 million, and diluted EPS of $12.10-$12.40. Key highlights include a 10% increase in sales, a 16% increase in adjusted diluted EPS, and robust order activity with new orders of $3.7 billion. The company also repurchased $250 million of its common stock during the year.
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About Curtiss-Wright Corporation
Curtiss-Wright Corporation is a diversified, multinational conglomerate specializing in manufacturing and service solutions. Catering primarily to the aerospace, defense, energy, and industrial sectors, it provides high-technology and highly engineered products and services. The corporation's offerings include advanced control systems, electronics, valves, and performance materials, each engineered to support mission-critical applications. Established in the early 20th century through a merger of several companies, Curtiss-Wright has a long history of innovation and development, often aligning closely with major technological advancements in aviation and engineering. Its market role is significant, as it supports a wide array of industries with tailored solutions designed to enhance efficiency, safety, and reliability. With its robust global footprint, Curtiss-Wright continues to be an influential player in sectors requiring precision engineering and high-performance solutions, contributing to both commercial and governmental projects worldwide.
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