Curtiss-Wright Corporation reported its fourth quarter and full-year 2024 financial results on February 12, 2025, highlighting record performance across several key metrics. For the full year 2024, total net sales increased 10% to $3.121 billion, with adjusted diluted earnings per share (EPS) rising 16% to $10.90.
The company achieved record free cash flow of $483 million, representing a 116% conversion rate, and secured record new orders of $3.7 billion, resulting in a robust book-to-bill ratio of 1.2x. The backlog also reached a new high, exceeding $3.4 billion, providing significant revenue visibility.
For full-year 2025, Curtiss-Wright issued strong guidance, projecting total sales growth of 7% to 8% to a range of $3.335 billion to $3.385 billion. Adjusted diluted EPS is expected to grow 11% to 14%, reaching $12.10 to $12.40, with operating margin expansion of 40 to 60 basis points.
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