CURTISS-WRIGHT REPORTS FOURTH QUARTER AND FULL-YEAR 2024 FINANCIAL RESULTS; ISSUES FULL-YEAR 2025 GUIDANCE REFLECTING HIGHER SALES, OPERATING MARGIN EXPANSION AND DOUBLE-DIGIT EPS GROWTH

DAVIDSON, N.C. – February 12, 2025 – Curtiss-Wright Corporation (NYSE: CW) reports financial results for the fourth quarter and full-year ended December 31, 2024.

Fourth Quarter 2024 Highlights:

• Reported sales of $824 million, up 5%, operating income of $155 million, operating margin of 18.8%, and diluted earnings per share (EPS) of $3.09;
• Adjusted operating income of $163 million;
• Adjusted operating margin of 19.8%;
• Adjusted diluted EPS of $3.27, up 3%;
• Free cash flow (FCF) of $278 million, generating 223% Adjusted FCF conversion;
• Total share repurchases of $112 million; and
• New orders of $939 million, up 37%, generating a book-to-bill of 1.1x;

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CURTISS-WRIGHT REPORTS THIRD QUARTER 2024 FINANCIAL RESULTS AND RAISES FULL-YEAR 2024 GUIDANCE

DAVIDSON, N.C.--(BUSINESS WIRE)-- Curtiss-Wright Corporation (NYSE: CW) reports financial results for the third quarter ended September 30, 2024.

Third Quarter 2024 Highlights:

• Reported sales of $799 million, up 10%;
• Reported operating income of $145 million, operating margin of 18.1%, and diluted earnings per share (EPS) of $2.89;
• Adjusted operating income of $149 million, up 11%;
• Adjusted operating margin of 18.7%, up 20 basis points;
• Adjusted diluted EPS of $2.97, up 17%;
• New orders of $860 million, up 2%, reflected a book-to-bill of 1.1x driven by solid demand within our Aerospace & Defense (A&D) markets;
• Backlog of $3.3 billion, up 16% year-to-date; and
• Free cash flow (FCF) of $163 million, generating 142% Adjusted FCF conversion.

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CURTISS-WRIGHT REPORTS SECOND QUARTER 2024 FINANCIAL RESULTS AND RAISES FULL-YEAR 2024 GUIDANCE

DAVIDSON, N.C.--(BUSINESS WIRE)-- Curtiss-Wright Corporation (NYSE: CW) reports financial results for the second quarter ended June 30, 2024.

Second Quarter 2024 Highlights:

• Reported sales of $785 million, up 11%;
• Reported operating income of $129 million, operating margin of 16.4%, and diluted earnings per share (EPS) of $2.58;
• Adjusted operating income of $133 million, up 16%;
• Adjusted operating margin of 17.0%, up 60 basis points;
• Adjusted diluted EPS of $2.67, up 24%;
• New orders of $995 million, up 18%, reflected a book-to-bill of approximately 1.3x driven by strong demand within our Aerospace & Defense (A&D) markets;
• Backlog of $3.2 billion, up 13% year-to-date; and
• Free cash flow (FCF) of $100 million, generating 97% Adjusted FCF conversion.

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