CURTISS WRIGHT CORP (CW)

Curtiss-Wright Corp. is a global integrated business that provides engineered products, solutions, and services mainly to the aerospace and defense markets, as well as critical technologies in demanding commercial power, process, and industrial markets. It operates through the following three segments: Aerospace & Industrial, Defense Electronics, and Naval & Power. The Aerospace & Industrial segment offers engineered products and services supporting critical applications primarily across the commercial aerospace and general industrial markets, including industrial and specialty vehicle products, such as electronic throttle control devices, joysticks, and transmission shifters, sensors, controls, and electro-mechanical actuation components used on commercial and military aircraft, and surface technology services, such as shot peening, laser peening, and engineered coatings. The Defense Electronics segment includes Commercial Off-the-Shelf (COTS) embedded computing board-level modules, data acquisition and flight test instrumentation equipment, integrated subsystems, instrumentation and control systems, tactical communications solutions for battlefield network management, and electronic stabilization products, primarily to the defense markets and, to a lesser extent, the commercial aerospace market. The Naval & Power segment primarily provides solutions to the naval defense and power & process markets, including naval propulsion equipment, main coolant pumps, motors, generators, steam turbines, valves, and secondary propulsion systems, as well as a diversified offering of products for commercial nuclear power plants and nuclear equipment manufacturers, and specialized severe-service valve technologies to energy and industrial markets. The company was founded on July 5, 1929 and is headquartered in Davidson, NC.

Address

130 HARBOUR PLACE DRIVE
DAVIDSON, NC 28036

Founded

1929

Number of Employees

8,600

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s)
$65,219 $294,135 $105,251 $52,127 $198,594 $50,663 $200,015 $343,127 $56,870 $50,000 $24,796 $130,981
Average Price $66.86 $69.09 $80.99 $99.08 $115.05 $121.46 $100.82 $129.35 $146.08 $185.25 $248.49 $98.70
# Shares Purchased 975,510 4,257,389 1,299,547 526,094 1,726,172 417,124 1,983,876 2,652,768 389,305 269,911 99,786 1,327,044
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date 362.2% 347.3% 281.5% 211.9% 168.6% 154.4% 206.5% 138.9% 111.5% 66.8% 24.4% 213.1%
S&P 500 Return to Date 181.9% 173.0% 168.6% 129.7% 104.9% 93.1% 74.8% 31.7% 37.3% 31.3% 7.4% 94.0%
Excess Total Return 180.3% 174.3% 112.9% 82.1% 63.7% 61.3% 131.6% 107.2% 74.3% 35.5% 16.9% 119.1%
Quartile Rank
Percentile Rank 87% 88% 84% 84% 84% 83% 89% 95% 93% 90% 82% 94%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.

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