WWD
Woodward Inc. Industrials - Aerospace Components Investor Relations →
Woodward Inc. (WWD) closed at $353.35 as of 2026-03-20, trading 112.2% above its 200-week moving average of $166.50. The stock is currently moving closer to the line, down from 116.0% last week. The 14-week RSI sits at 65, indicating neutral momentum.
Trading volume is running at 1.6x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.07 ratio) is neutral — neither side is clearly dominating.
Over the past 1619 weeks of data, WWD has crossed below its 200-week moving average 24 times. On average, these episodes lasted 11 weeks. Historically, investors who bought WWD at the start of these episodes saw an average one-year return of +40.2%.
With a market cap of $21.2 billion, WWD is a large-cap stock. The company generates a free cash flow yield of 1.2%. Return on equity stands at 20.4%, indicating strong profitability. The stock trades at 8.2x book value.
WWD passes our Buffett quality screen: high return on equity, low debt, and positive free cash flow.
Over the past 31.1 years, a hypothetical investment of $100 in WWD would have grown to $20954, compared to $2235 for the S&P 500. That represents an annualized return of 18.8% vs 10.5% for the index — confirming WWD as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 34.2% compound annual rate, with 4 consecutive years of positive cash generation.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: WWD vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After WWD Crosses Below the Line?
Across 24 historical episodes, buying WWD when it crossed below its 200-week moving average produced an average return of +44.6% after 12 months (median +43.0%), compared to +21.5% for the S&P 500 over the same periods. 96% of those episodes were profitable after one year. After 24 months, the average return was +94.7% vs +28.0% for the index.
Each line shows $100 invested at the moment WWD crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
WWD has crossed below its 200-week MA 24 times with an average 1-year return of +40.2% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Mar 1995 | Dec 1995 | 39 | 18.7% | +47.8% | +21238.5% |
| Aug 1998 | Nov 1998 | 12 | 13.2% | +18.1% | +13195.6% |
| Dec 1998 | Apr 1999 | 18 | 12.8% | +24.3% | +12621.7% |
| May 1999 | May 1999 | 1 | 1.8% | +0.4% | +11847.2% |
| Jul 1999 | Aug 1999 | 3 | 2.5% | +34.5% | +11612.9% |
| Sep 1999 | Oct 1999 | 4 | 3.2% | +73.6% | +11211.4% |
| Nov 1999 | Nov 1999 | 1 | 1.5% | +67.5% | +11154.8% |
| Jan 2000 | Jun 2000 | 23 | 13.5% | +104.7% | +11772.8% |
| Oct 2002 | Nov 2002 | 5 | 12.4% | +20.3% | +6779.9% |
| Jan 2003 | Aug 2003 | 32 | 20.5% | +37.7% | +6205.8% |
| Sep 2003 | Oct 2003 | 5 | 3.1% | +48.9% | +5667.3% |
| Nov 2008 | Oct 2009 | 46 | 61.6% | +31.5% | +2152.2% |
| Oct 2009 | Nov 2009 | 1 | 1.7% | +34.5% | +1589.8% |
| Nov 2009 | Nov 2009 | 2 | 3.6% | +39.9% | +1612.5% |
| Jun 2010 | Jul 2010 | 1 | 4.6% | +45.2% | +1491.8% |
| Aug 2011 | Aug 2011 | 1 | 8.1% | +43.2% | +1381.8% |
| Sep 2011 | Oct 2011 | 4 | 4.2% | +33.2% | +1295.5% |
| Sep 2015 | Oct 2015 | 2 | 5.2% | +53.2% | +837.8% |
| Mar 2020 | Aug 2020 | 24 | 36.9% | +54.8% | +367.2% |
| Sep 2020 | Oct 2020 | 4 | 8.3% | +47.7% | +344.2% |
| Oct 2020 | Nov 2020 | 1 | 4.5% | +42.7% | +359.2% |
| May 2022 | May 2022 | 2 | 5.5% | +8.4% | +262.7% |
| Jun 2022 | Jan 2023 | 31 | 21.5% | +17.1% | +275.5% |
| Feb 2023 | May 2023 | 12 | 13.1% | +35.3% | +250.9% |
| Average | 11 | — | +40.2% | — |
Frequently Asked Questions
Is WWD below its 200-week moving average?
No. Woodward Inc. (WWD) is currently 112.2% above its 200-week moving average of $166.50. It would need to fall to $166.50 to cross below the line.
What is WWD's 200-week moving average price?
Woodward Inc.'s 200-week moving average is $166.50 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when WWD drops below its 200-week moving average?
WWD has crossed below its 200-week moving average 24 times in our data. On average, buying at that moment produced a one-year return of +40.2%. These dips have historically been decent entry points. These episodes lasted 11 weeks on average.
Is WWD a good value right now?
Here's what our data says about WWD as of 2026-03-20: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 65. Free cash flow yield is 1.2%. Return on equity is 20.4%. Price-to-book is 8.2x. This is not a buy or sell recommendation — always do your own research.
How does WWD compare to the S&P 500?
Over the past 31.1 years, $100 invested in WWD would have grown to $20954, compared to $2235 for the S&P 500. That's 18.8% annualized vs 10.5% for the index. WWD has outperformed the broader market over this period.
Does WWD pay a dividend?
Yes. Woodward Inc. currently pays a dividend yield of 36.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20