Woodward Tax Provision from 2010 to 2025

WWD Stock  USD 192.12  6.73  3.63%   
Woodward's Tax Provision is increasing over the years with very volatile fluctuation. Tax Provision is expected to dwindle to about 53.8 M. Tax Provision is the amount set aside by Woodward to cover any estimated taxes for the current period. It reflects Woodward's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
18.2 M
Current Value
14.8 M
Quarterly Volatility
6.5 M
 
Covid
Check Woodward financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Woodward's main balance sheet or income statement drivers, such as Depreciation And Amortization of 140.3 M, Interest Expense of 57.9 M or Selling General Administrative of 371.3 M, as well as many indicators such as Price To Sales Ratio of 2.93, Dividend Yield of 0.0062 or PTB Ratio of 2.18. Woodward financial statements analysis is a perfect complement when working with Woodward Valuation or Volatility modules.
  
Check out the analysis of Woodward Correlation against competitors.
For information on how to trade Woodward Stock refer to our How to Trade Woodward Stock guide.

Latest Woodward's Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Woodward over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Woodward's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Woodward's overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Very volatile
   Tax Provision   
       Timeline  

Woodward Tax Provision Regression Statistics

Arithmetic Mean54,608,776
Geometric Mean52,423,422
Coefficient Of Variation29.78
Mean Deviation11,971,849
Median59,497,000
Standard Deviation16,261,378
Sample Variance264.4T
Range65M
R-Value0.07
Mean Square Error281.8T
R-Squared0.01
Significance0.79
Slope251,830
Total Sum of Squares3966.5T

Woodward Tax Provision History

202553.8 M
202493.2 M
202381 M
202243.4 M
202128.2 M
202037.1 M
201941.5 M

About Woodward Financial Statements

Woodward stakeholders use historical fundamental indicators, such as Woodward's Tax Provision, to determine how well the company is positioned to perform in the future. Although Woodward investors may analyze each financial statement separately, they are all interrelated. For example, changes in Woodward's assets and liabilities are reflected in the revenues and expenses on Woodward's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Woodward. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision93.2 M53.8 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Woodward is a strong investment it is important to analyze Woodward's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Woodward's future performance. For an informed investment choice regarding Woodward Stock, refer to the following important reports:
Check out the analysis of Woodward Correlation against competitors.
For information on how to trade Woodward Stock refer to our How to Trade Woodward Stock guide.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Woodward. If investors know Woodward will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Woodward listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.03)
Dividend Share
1
Earnings Share
5.97
Revenue Per Share
55.286
Quarterly Revenue Growth
(0.02)
The market value of Woodward is measured differently than its book value, which is the value of Woodward that is recorded on the company's balance sheet. Investors also form their own opinion of Woodward's value that differs from its market value or its book value, called intrinsic value, which is Woodward's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Woodward's market value can be influenced by many factors that don't directly affect Woodward's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Woodward's value and its price as these two are different measures arrived at by different means. Investors typically determine if Woodward is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Woodward's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.