Curtiss-Wright Corporation (CW)
Debt-to-capital ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 958,949 | 959,302 | 959,655 | 960,009 | 1,050,360 | 1,050,710 | 1,176,070 | 1,229,620 | 1,051,900 | 1,141,210 | 1,006,580 | 967,744 | 1,050,610 | 957,101 | 957,504 | 957,907 | 958,292 | 1,058,710 | 834,802 | 906,220 |
| Total stockholders’ equity | US$ in thousands | 2,449,800 | 2,490,420 | 2,458,420 | 2,380,180 | 2,328,410 | 2,185,160 | 2,138,260 | 2,054,160 | 1,981,210 | 1,884,240 | 1,867,640 | 1,849,420 | 1,826,490 | 1,900,060 | 1,894,700 | 1,838,160 | 1,787,570 | 1,799,460 | 1,713,300 | 1,669,840 |
| Debt-to-capital ratio | 0.28 | 0.28 | 0.28 | 0.29 | 0.31 | 0.32 | 0.35 | 0.37 | 0.35 | 0.38 | 0.35 | 0.34 | 0.37 | 0.33 | 0.34 | 0.34 | 0.35 | 0.37 | 0.33 | 0.35 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $958,949K ÷ ($958,949K + $2,449,800K)
= 0.28
The debt-to-capital ratio of Curtiss-Wright Corporation has fluctuated over the observed periods. It stood at 0.35 as of March 31, 2020, and gradually decreased to 0.31 by December 31, 2023. This downward trend indicates that the company used less debt relative to its total capital during this period. However, there was a slight increase to 0.29 by March 31, 2024, demonstrating a potential shift in the company's financing structure. Overall, the company's debt-to-capital ratio has generally been moderate, hovering around the range of 0.28 to 0.38 in recent quarters.
Peer comparison
Dec 31, 2024