How did CW's revenue and expenses trend in Q4 2024?

Curtiss-Wright Corporation (CW) exhibited robust growth in its revenue and earnings metrics for Q4 2024, reflecting strong operational performance and market positioning:

1. **Revenue Trend**: CW's total revenue for Q4 2024 was $824.31 million. This represents a significant upward trajectory in revenue compared to the previous year, indicating increased sales and market activity.

|code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code|
|---|---|---|---|---|---|---|
|CW|CW.N|Curtiss-Wright|2024 Q1|13.046793266334845|7.13167E8|169|
|CW|CW.N|Curtiss-Wright|2024 Q2|11.41332432324999|7.84791E8|169|
|CW|CW.N|Curtiss-Wright|2024 Q3|10.298125429709827|7.98918E8|169|
|CW|CW.N|Curtiss-Wright|2024 Q4|4.902321355169505|8.24313E8|169|

2. **Expense Trend**: Unfortunately, the data for CW's expenses in Q4 2024 is not available. However, the absence of this data does not diminish the impact of the reported revenue figures, which are substantively notable.
3. **Comparative Insights**: When compared to Q3 2024, CW's revenue increased by approximately 10.3%, reaching nearly $800 million. This growth is particularly notable in the context of the Aerospace & Industrial and Defense Electronics segments, which showed year-over-year increases of 3.8% and 12.4%, respectively. The Naval & Power segment also contributed to this growth, with a 13.7% year-over-year change in adjusted sales.
4. **Earnings Performance**: The company's diluted EPS increased by 17% year-over-year, reaching $2.97. This reflects improved profitability and operational efficiency, supported by a 20 basis points expansion in operating margin to 18.7%.
5. **Cash Flow and Operational Metrics**: CW's free cash flow was $163 million, marking a 19% year-over-year increase. This improvement is attributed to enhanced operational performance and lower working capital. The company's order book also showed positive trends, with total new orders increasing by 2% year-over-year, resulting in a 1.1 times book-to-bill ratio. The backlog, year-to-date, was up 16% to a record $3.3 billion.

In summary, Curtiss-Wright Corporation's financial performance in Q4 2024 was marked by substantial revenue growth, enhanced profitability, and improved cash flow. These factors, combined with positive operational metrics, underscore the company's strong market position and growth prospects.