WWD Woodward, Inc.
Price Chart
Executive Summary
Woodward, Inc. entered into a new $1.0 billion revolving credit facility and a $250 million term loan agreement, both maturing in 2031, refinancing its existing credit agreement and adding incremental borrowing capacity. The facilities provide significant liquidity for general corporate purposes, including potential acquisitions.
Key Financial Metrics
Actionable Insight
The new credit facilities provide ample liquidity for general corporate purposes and potential acquisitions. The leverage covenant offers headroom; monitor for any acquisition announcements that may utilize this capacity.
Key Facts
- $1.0 billion revolving credit facility with a maturity of May 28, 2031
- $250 million term loan facility with a maturity of May 28, 2031
- Leverage Ratio covenant of 3.50x (or 4.00x for four quarters following a qualifying acquisition)
- Incremental facility capacity up to $500 million, total debt capacity not to exceed $1.5 billion
- Facilities are senior unsecured obligations guaranteed by domestic subsidiaries
Financial Impact
The company increased total committed credit by $250 million via a new term loan and refinanced its existing $1.0 billion revolver.
Risk Factors
- Increased debt load may pressure leverage ratio if EBITDA declines
- Potential for shareholder dilution if debt is used for large acquisitions
Market Snapshot
Documents Analyzed
This report is based on 2 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-245352 |
| Document: wwd-ex10_2.htm | 0001193125-26-245352 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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Jun 11, 2026
3d ago
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Institutional Cluster
| $367.37 awaiting T+5 | awaiting T+5 | — | $386.85 (+5.30%) |
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Jun 5, 2026
9d ago
|
8-K
| $356.94 awaiting T+5 | awaiting T+5 | — | $386.85 (+8.38%) |
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May 28, 2026
17d ago
|
8-K
| $348.20 $357.74 | ▲ +2.74% | ▲ +5.24% | $386.85 (+11.10%) |
|
Apr 27, 2026
6w ago
|
8-K
| $366.47 $355.05 | ▼ −3.12% | ▼ −3.52% | $386.85 (+5.56%) |
|
Apr 24, 2026
7w ago
|
8-K
| $363.16 $362.99 | ▼ −0.05% | ▼ −0.96% | $386.85 (+6.52%) |
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Apr 22, 2026
7w ago
|
Press Release
| $366.41 $359.65 | ▼ −1.85% | ▼ −1.90% | $386.85 (+5.58%) |
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Apr 15, 2026
8w ago
|
Press Release
| $372.98 $367.19 | ▼ −1.55% | ▼ −2.54% | $386.85 (+3.72%) |
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Apr 13, 2026
8w ago
|
Press Release
| $397.22 $391.42 | ▼ −1.46% | ▼ −4.76% | $386.85 (−2.61%) |
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Mar 9, 2026
13w ago
|
Press Release
| $384.56 $365.60 | ▼ −4.93% | ▼ −3.58% | $386.85 (+0.59%) |
US Market Status
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