Woodward (WWD) 10-K26 Nov 242024 FY Annual reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
Document and Entity Information - USD ($)	Sep. 30, 2024	Nov. 25, 2024	Mar. 31, 2024
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Sep. 30, 2024
Document Transition Report	false
Entity File Number	000-08408
Entity Registrant Name	WOODWARD, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	36-1984010
Entity Address, Address Line One	1081 Woodward Way
Entity Address, City or Town	Fort Collins
Entity Address, State or Province	CO
Entity Address, Postal Zip Code	80524
City Area Code	970
Local Phone Number	482-5811
Title of 12(b) Security	Common Stock, par value $0.001455 per share
Trading Symbol	WWD
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Document Financial Statement Error Correction [Flag]	false
Entity Shell Company	false
Entity Public Float			$ 6,154,360
Entity Common Stock, Shares Outstanding		59,130,924
Amendment Flag	false
Entity Central Index Key	0000108312
Document Fiscal Period Focus	FY
Current Fiscal Year End Date	--09-30
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Document Fiscal Year Focus	2024
ICFR Auditor Attestation Flag	true
Documents Incorporated by Reference	Portions of our proxy statement for the Annual Meeting of Stockholders to be held virtually on January 29, 2025, are incorporated by reference into Parts II and III of this Form 10-K, to the extent indicated.
Auditor Name	Deloitte & Touche LLP
Auditor Location	Denver, Colorado
Auditor Firm ID	34
Auditor Opinion [Text Block]	Opinions on the Financial Statements and Internal Control over Financial Reporting We have audited the accompanying consolidated balance sheets of Woodward, Inc. and subsidiaries (the "Company") as of September 30, 2024 and 2023, the related consolidated statements of earnings, comprehensive earnings, cash flows, and stockholders' equity for each of the three years in the period ended September 30, 2024, and the related notes (collectively referred to as the "financial statements"). We also have audited the Company’s internal control over financial reporting as of September 30, 2024, based on criteria established in Internal Control — Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the Company as of September 30, 2024 and 2023, and the results of its operations and its cash flows for each of the three years in the period ended September 30, 2024, in conformity with accounting principles generally accepted in the United States of America. Also, in our opinion, the Company maintained, in all material respects, effective internal control over financial reporting as of September 30, 2024, based on criteria established in Internal Control — Integrated Framework (2013) issued by COSO. Basis for Opinions The Company’s management is responsible for these financial statements, for maintaining effective internal control over financial reporting, and for its assessment of the effectiveness of internal control over financial reporting, included in the accompanying Management's Annual Report on Internal Control over Financial Reporting. Our responsibility is to express an opinion on these financial statements and an opinion on the Company’s internal control over financial reporting based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB. We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud, and whether effective internal control over financial reporting was maintained in all material respects. Our audits of the financial statements included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures to respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. Our audit of internal control over financial reporting included obtaining an understanding of internal control over financial reporting, assessing the risk that a material weakness exists, and testing and evaluating the design and operating effectiveness of internal control based on the assessed risk. Our audits also included performing such other procedures as we considered necessary in the circumstances. We believe that our audits provide a reasonable basis for our opinions. Definition and Limitations of Internal Control over Financial Reporting A company’s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company’s internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company’s assets that could have a material effect on the financial statements. Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. Critical Audit Matter The critical audit matter communicated below is a matter arising from the current-period audit of the financial statements that was communicated or required to be communicated to the audit committee and that (1) relates to accounts or disclosures that are material to the financial statements and (2) involved our especially challenging, subjective, or complex judgments. The communication of critical audit matters does not alter in any way our opinion on the financial statements, taken as a whole, and we are not, by communicating the critical audit matter below, providing a separate opinion on the critical audit matter or on the accounts or disclosures to which it relates. Intangible Assets, net – Trade name — Refer to Notes 1 and 14 to the financial statements Critical Audit Matter Description The Company has one indefinite-lived intangible asset consisting of the Woodward L’Orange trade name (“trade name”). As of September 30, 2024, the carrying value of the trade name is $64.8 million. The trade name is tested for impairment on an annual basis and more often if an event occurs or circumstances change that indicate the fair value of the trade name may be below its carrying amount. The Company completed its annual impairment test of the trade name as of July 31, 2024. The results of the impairment test indicated the estimated fair value of the trade name was in excess of its carrying value and, accordingly, no impairment existed. The fair value of the trade name was determined using discounted cash flows based on the relief from royalty method under the income approach. This method incorporates various estimates and assumptions, the most significant being projected revenue growth rates, royalty rates and the present value of the forecasted cash flows based on the discount rate and terminal growth rate. The Company projects revenue growth rates and cash flows based on Woodward L’Orange’s current operational results, expected performance and operational strategies over a five-year period. The terminal growth rate of the expected cash flow is applied after five years. These projections are adjusted to reflect current economic conditions and demand for certain products and require considerable management judgment. Changes in these estimates and assumptions can have a significant impact on the fair value. We identified the fair value of the trade name as a critical audit matter because of the significant judgments and assumptions management makes related to the projection of revenue growth rates and the selection of the discount rate, terminal growth rate, and royalty rate. This required a high degree of auditor judgment and an increased extent of effort, including the need to involve our fair value specialists, when performing audit procedures to evaluate the reasonableness of management’s projection of revenue growth rates and selection of the discount rate, terminal growth rate and royalty rate. How the Critical Audit Matter Was Addressed in the Audit Our audit procedures related to the projection of revenue growth rates and selection of the discount rate, terminal growth rate, and royalty rate used in determining the fair value of the trade name included the following, among others: • We tested the effectiveness of controls over the fair value of the trade name, including those over the projection of revenue growth rates and the selection of the discount rate, terminal growth rate, and royalty rate. • With the assistance of our fair value specialists, we evaluated the reasonableness of the discount rate, terminal growth rate, and royalty rate by: o Testing the source information underlying the determination of the discount rate, terminal growth rate, and royalty rate and recalculating the mathematical accuracy of management’s calculation of the discount rate o Developing a range of independent estimates of the discount rate and terminal growth rate based on market inputs and comparing those to the discount and terminal growth rates selected by management o Comparing the royalty rate from comparable licensing agreements to the rate selected by management • Searching for any events which could adversely impact the fair value of the brand. • We evaluated the reasonableness of management’s projected revenue growth rates by: o Comparing management’s projections to: ▪ Historical revenue results for Woodward L’Orange ▪ Internal communications to management and the board of directors ▪ Analyst and industry reports ▪ Peer company forecasts o Considering the impact of changes in management’s projections from the July 31, 2024 annual assessment date to September 30, 2024 by comparing actual results for the period to management projections within the original valuation model. • We evaluated whether a triggering event existed subsequent to management’s impairment testing date through the balance sheet date.

Consolidated Statements of Earn

Consolidated Statements of Earnings - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Income Statement [Abstract]
Net sales	$ 3,324,249	$ 2,914,566	$ 2,382,790
Costs and expenses:
Cost of goods sold	2,447,770	2,236,983	1,857,485
Selling, general and administrative expenses	307,499	269,692	203,005
Research and development costs	140,676	132,095	119,782
Restructuring activities	0	5,172	(3,420)
Interest expense	47,959	47,898	34,545
Interest income	(6,458)	(2,751)	(1,814)
Other (income) expense, net	(67,168)	(50,291)	(26,691)
Total costs and expenses	2,870,278	2,638,798	2,182,892
Earnings before income taxes	453,971	275,768	199,898
Income tax expense	81,000	43,400	28,200
Net earnings	$ 372,971	$ 232,368	$ 171,698
Earnings per share:
Basic earnings per share	$ 6.21	$ 3.88	$ 2.79
Diluted earnings per share	$ 6.01	$ 3.78	$ 2.71
Weighted Average Common Shares Outstanding:
Basic	60,076	59,908	61,517
Diluted	62,084	61,482	63,254

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Earnings - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Consolidated Statements of Comprehensive Earnings
Net earnings	$ 372,971	$ 232,368	$ 171,698
Other comprehensive earnings:
Foreign currency translation adjustments	30,311	21,180	(63,026)
Net (loss) gain on foreign currency transactions designated as hedges of net investments	(2,381)	(3,090)	7,206
Taxes on changes on foreign currency translation adjustments	334	1,011	2,230
Foreign currency translation and transactions adjustments, net of tax	28,264	19,101	(53,590)
Unrealized (loss) gain on fair value adjustment of derivative instruments	(18,551)	(36,587)	89,048
Reclassification of net realized losses (gains) on derivatives to earnings	23,093	33,224	(68,880)
Taxes on changes on derivative transactions	0	(141)	(786)
Derivative adjustments, net of tax	4,542	(3,504)	19,382
Minimum retirement benefit liability adjustments:
Net gain arising during the period	7,826	9,401	6,318
Prior service cost arising during the period	(1,121)	0	0
Amortization of:
Prior service cost	721	720	1,004
Net (gain) loss	(1,049)	(823)	720
Foreign currency exchange rate changes on minimum retirement benefit liabilities	110	247	1,158
Taxes on changes on minimum retirement benefit liability adjustments	(1,320)	(3,250)	(1,936)
Pension and other postretirement benefit plan adjustments, net of tax	5,167	6,295	7,264
Total comprehensive earnings	$ 410,944	$ 254,260	$ 144,754

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2024	Sep. 30, 2023
Current assets:
Cash and cash equivalents	$ 282,270	$ 137,447
Accounts receivable, less allowance for uncollectible amounts of $7,738 and $5,847, respectively	770,066	749,859
Inventories	609,092	517,843
Income taxes receivable	22,016	14,120
Other current assets	60,167	50,183
Total current assets	1,743,611	1,469,452
Property, plant and equipment, net	940,715	913,094
Goodwill	806,643	791,468
Intangible assets, net	440,419	452,363
Deferred income tax assets	84,392	58,550
Other assets	353,135	325,276
Total assets	4,368,915	4,010,203
Current liabilities:
Short-term debt	217,000	0
Current portion of long-term debt	85,719	75,817
Accounts payable	287,457	234,328
Income taxes payable	40,692	44,435
Accrued liabilities	292,642	262,616
Total current liabilities	923,510	617,196
Long-term debt, less current portion	569,751	645,709
Deferred income tax liabilities	121,858	132,819
Other liabilities	577,380	543,490
Total liabilities	2,192,499	1,939,214
Commitments and contingencies (Note 22)
Stockholders' equity:
Preferred stock, par value $0.003 per share, 10,000 shares authorized, no shares issued	0	0
Common stock, par value $0.001455 per share, 150,000 shares authorized, 72,960 shares issued	106	106
Additional paid-in capital	396,554	327,941
Accumulated other comprehensive losses	(32,698)	(70,671)
Deferred compensation	2,662	2,776
Retained earnings	3,223,259	2,908,574
Stockholders' equity	3,589,883	3,168,726
Treasury stock at cost, 13,787 shares and 13,070 shares, respectively	(1,410,805)	(1,094,961)
Treasury stock held for deferred compensation, at cost, 45 shares and 55 shares, respectively	(2,662)	(2,776)
Total stockholders' equity	2,176,416	2,070,989
Total liabilities and stockholders' equity	$ 4,368,915	$ 4,010,203

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2024	Sep. 30, 2023
Current assets:
Allowance, accounts receivable	$ 7,738	$ 5,847
Stockholders' equity:
Preferred stock, par value	$ 0.003	$ 0.003
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Common stock, par value	$ 0.001455	$ 0.001455
Common stock, shares authorized	150,000,000	150,000,000
Common stock, shares issued	72,960,000	72,960,000
Treasury stock, shares	13,787,000	13,070,000
Treasury stock held for deferred compensation, shares	45,000	55,000

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Cash flows from operating activities:
Net earnings	$ 372,971	$ 232,368	$ 171,698
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization	116,170	119,743	120,628
Net (gain) loss on sales of assets and businesses	(457)	1,491	(1,775)
Stock-based compensation	33,052	23,383	20,109
Deferred income taxes	(44,606)	(40,155)	(23,226)
Changes in operating assets and liabilities:
Trade accounts receivable	35,799	(113,119)	(54,380)
Unbilled receivables (contract assets)	(51,168)	(23,879)	(44,451)
Costs to fulfill a contract	(3,718)	(11,544)	(17,118)
Inventories	(84,944)	3,234	(110,196)
Accounts payable and accrued liabilities	63,655	67,447	122,963
Contract liabilities	31,538	20,115	12,466
Income taxes	(18,069)	(3,652)	29,644
Retirement benefit obligations	(1,837)	(909)	(4,424)
Other	(9,297)	34,020	(28,300)
Net cash provided by operating activities	439,089	308,543	193,638
Cash flows from investing activities:
Payments for purchase of property, plant, and equipment	(96,280)	(76,500)	(52,868)
Proceeds from sale of assets	2,292	488	43
Proceeds from business divestiture	1,800		6,000
Payments for business acquisition, net of cash acquired		878	(21,549)
Proceeds from sales of short-term investments	9,738	7,692	12,557
Payments for purchases of short-term investments	(6,767)	(6,109)	(9,632)
Net cash used in investing activities	(89,217)	(73,551)	(65,449)
Cash flows from financing activities:
Cash dividends paid	(58,286)	(51,027)	(44,978)
Proceeds from sales of treasury stock	89,875	50,749	21,897
Payments for repurchases of common stock	(390,819)	(126,380)	(485,300)
Borrowings on revolving lines of credit and short-term borrowings	2,962,800	2,323,500	952,000
Payments on revolving lines of credit and short-term borrowings	(2,745,800)	(2,390,300)	(885,200)
Payments of debt financing costs		(2,236)
Payments of long-term debt and finance lease obligations	(75,817)	(779)	(797)
Net cash used in financing activities	(218,047)	(196,473)	(442,378)
Effect of exchange rate changes on cash and cash equivalents	12,998	(8,916)	(26,429)
Net change in cash and cash equivalents	144,823	29,603	(340,618)
Cash and cash equivalents at beginning of year	137,447	107,844	448,462
Cash and cash equivalents at end of year	$ 282,270	$ 137,447	$ 107,844

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Total	Common Stock [Member]	Treasury Stock at Cost [Member]	Treasury Stock Held for Deferred Compensation [Member]	Additional Paid-in Capital [Member]	Foreign Currency Translation Adjustments [Member]	Unrealized Derivative Gains (Losses) [Member]	Minimum Retirement Benefit Liability Adjustments [Member]	Total Accumulated Other Comprehensive (Loss) Earnings [Member]	Deferred Compensation [Member]	Retained Earnings [Member]
Balances at Sep. 30, 2021	$ 2,214,781	$ 106	$ (581,954)	$ (7,949)	$ 261,735	$ (32,904)	$ (25,597)	$ (7,118)	$ (65,619)	$ 7,949	$ 2,600,513
Net Income (Loss)	171,698										171,698
Other comprehensive earnings (loss), net of tax	(26,944)					(53,590)	19,382	7,264	(26,944)
Cash dividends paid	(44,978)										(44,978)
Purchases of treasury stock	(472,784)		(472,784)
Sales of treasury stock	22,108		20,977		1,131
Common shares issued for benefit plans	17,132		6,567		10,565
Stock-based compensation	20,109				20,109
Purchases of stock by deferred compensation				(252)						252
Distribution of stock from deferred compensation				1,420						(1,420)
Balances at Sep. 30, 2022	1,901,122	106	(1,027,194)	(6,781)	293,540	(86,494)	(6,215)	146	(92,563)	6,781	2,727,233
Net Income (Loss)	232,368										232,368
Other comprehensive earnings (loss), net of tax	21,892					19,101	(3,504)	6,295	21,892
Cash dividends paid	(51,027)										(51,027)
Purchases of treasury stock	(126,682)		(126,380)		(302)
Sales of treasury stock	50,467		50,090		377
Common shares issued for benefit plans	19,466		8,523		10,943
Stock-based compensation	23,383				23,383
Purchases of stock by deferred compensation				(178)						178
Distribution of stock from deferred compensation				4,183						(4,183)
Balances at Sep. 30, 2023	2,070,989	106	(1,094,961)	(2,776)	327,941	(67,393)	(9,719)	6,441	(70,671)	2,776	2,908,574
Net Income (Loss)	372,971										372,971
Other comprehensive earnings (loss), net of tax	37,973					28,264	4,542	5,167	37,973
Cash dividends paid	(58,286)										(58,286)
Purchases of treasury stock	(393,593)		(390,819)		(2,774)
Sales of treasury stock	91,421		67,053		24,368
Common shares issued for benefit plans	21,889		7,922		13,967
Stock-based compensation	33,052				33,052
Purchases of stock by deferred compensation				(173)						173
Distribution of stock from deferred compensation				287						(287)
Balances at Sep. 30, 2024	$ 2,176,416	$ 106	$ (1,410,805)	$ (2,662)	$ 396,554	$ (39,129)	$ (5,177)	$ 11,608	$ (32,698)	$ 2,662	$ 3,223,259

Consolidated Statements of St_2

Consolidated Statements of Stockholders' Equity (Parenthetical) - $ / shares	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Statement of Stockholders' Equity [Abstract]
Cash dividends per share	$ 0.97	$ 0.85	$ 0.7325

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	12 Months Ended
Pay vs Performance Disclosure - USD ($) $ in Thousands	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Pay vs Performance Disclosure
Net Income (Loss)	$ 372,971	$ 232,368	$ 171,698

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Sep. 30, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Operations and Summary of Signi

Operations and Summary of Significant Accounting Policies	12 Months Ended
Operations and Summary of Significant Accounting Policies	Sep. 30, 2024
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Operations and Summary of Significant Accounting Policies	Note 1. Operations and summary of significant accounting policies Basis of presentation The Consolidated Financial Statements are prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and include the accounts of Woodward, Inc. and its subsidiaries (collectively “Woodward” or “the Company”). Nature of operations Woodward is an independent designer, manufacturer, and service provider of energy control and optimization solutions. Woodward designs, produces, and services reliable, efficient, low-emission, and high-performance energy control products for diverse applications in challenging environments. Woodward has significant production and assembly facilities primarily in the United States, Europe, and Asia, and promotes its products and services through its worldwide locations. Woodward’s strategic focus is providing energy control and optimization solutions for the aerospace and industrial markets. The precise and efficient control of energy, including motion, fluid, combustion, and electrical energy, is a growing requirement in the markets Woodward serves. Woodward’s customers look to it to optimize the efficiency, emissions, and operation of power equipment in both commercial and defense operations. Woodward’s core technologies leverage well across its markets and customer applications, enabling it to develop and integrate cost-effective and state-of-the-art fuel, combustion, fluid, actuation, and electronic systems. Woodward focuses its solutions and services primarily on serving original equipment manufacturers (“OEMs”) and equipment packagers, partnering with them to bring superior component and system solutions to their demanding applications. Woodward also provides aftermarket repair, maintenance, replacement, and other service support for its installed products. Woodward’s components and integrated systems optimize performance of commercial aircraft, defense aircraft, military ground vehicles and other equipment, gas and steam turbines, industrial diesel, gas, biodiesel and dual-fuel reciprocating engines, and electrical power systems. Woodward’s innovative motion, fluid, combustion, and electrical energy control systems help its customers offer more cost-effective, cleaner, and more reliable equipment. Summary of significant accounting policies Principles of consolidation: These Consolidated Financial Statements are prepared in accordance with U.S. GAAP and include the accounts of Woodward and its wholly and majority-owned subsidiaries. Transactions within and between these companies are eliminated. Use of estimates: The preparation of the Consolidated Financial Statements requires management to make use of estimates and assumptions that affect the reported amount of assets and liabilities, at the date of the financial statements and the reported revenues and expenses recognized during the reporting period, and certain financial statement disclosures. Significant estimates include allowances for uncollectible amounts, net realizable value of inventories, customer rebates earned, useful lives of property and identifiable intangible assets, the evaluation of impairments of property, identifiable intangible assets and goodwill, the provision for income tax and related valuation reserves, the valuation of assets and liabilities acquired in business combinations, assumptions used in the determination of the funded status and annual expense of pension and postretirement employee benefit plans, the valuation of stock compensation instruments granted to employees, and contingencies. Actual results could differ from those estimates. Foreign currency exchange rates: The assets and liabilities of substantially all subsidiaries outside the United States are translated at fiscal year-end rates of exchange, and earnings and cash flow statements are translated at weighted-average rates of exchange. The exchange rate in effect at the time of the cash flow is used for significant or infrequent cash flows, such as payments for a business acquisition, for which the use of weighted-average rates of exchange would result in a substantially different cash flow. Translation adjustments are accumulated with other comprehensive (losses) earnings as a separate component of stockholders’ equity and are presented net of tax effects in the Consolidated Statements of Stockholders’ Equity. The effects of changes in foreign currency exchange rates on loans between consolidated subsidiaries that are considered permanent in nature are also accumulated with other comprehensive earnings, net of tax. The Company is exposed to market risks related to fluctuations in foreign currency exchange rates because some sales transactions, and certain assets and liabilities of its domestic and foreign subsidiaries, are denominated in foreign currencies. Selling, general, and administrative expenses include a net foreign currency loss of $ 8,369 in fiscal year 2024, a net foreign currency loss of $ 1,020 in fiscal year 2023, and a net foreign currency gain of $ 1,450 in fiscal year 2022 . Revenue recognition: Revenue is recognized on contracts with customers for arrangements in which quantities and pricing are fixed and/or determinable and are generally based on customer purchase orders, often within the framework of a long-term supply arrangement with the customer. Woodward has determined that it is the principal in its sales transactions, as Woodward is primarily responsible for fulfilling the promised performance obligations, has discretion to establish the selling price, and generally assumes the inventory risk. Woodward recognizes revenue for performance obligations within a customer contract when control of the associated product or service is transferred to the customer. Some of Woodward’s contracts with customers contain a single performance obligation, while other contracts contain multiple performance obligations. Each product within a contract generally represents a separate performance obligation as Woodward does not provide significant installation and integration services, the products do not customize each other, and the products can function independently of each other. A contract's transaction price is allocated to each performance obligation and recognized as revenue when, or as, the customer obtains control of the associated product or service. When there are multiple performance obligations within a contract, Woodward generally uses the observable standalone sales price for each distinct product or service within the contract to allocate the transaction price to the distinct products or services. In instances when a standalone sales price for each product or service is not observable within the contract, Woodward allocates the transaction price to each performance obligation using an estimate of the standalone selling price for each product or service, which is generally based on incurred costs plus a reasonable margin, for each distinct product or service in the contract. When determining the transaction price of each contract, Woodward considers contractual consideration payable by the customer and variable consideration that may affect the total transaction price. Variable consideration, consisting of early payment discounts, rebates, and other sources of price variability, are included in the estimated transaction price based on both customer-specific information as well as historical experience. Customers sometimes trade in used products in exchange for new or refurbished products. In addition, Woodward’s customers sometimes provide inventory to Woodward which will be integrated into final products sold to those customers. Woodward obtains control of these exchanged products and customer provided inventory, and therefore, both are forms of noncash consideration. Noncash consideration paid by customers on overall sales transactions is additive to the transaction price. Woodward’s net sales and cost of goods sold include the value of such noncash consideration for the same amount, with no resulting impact to earnings before income taxes. Upon receipt of such inventory, Woodward recognizes an inventory asset and a contract liability. Point in time and over time revenue recognition: Control of the products generally transfers to the customer at a point in time, if the customer does not control the products as they are produced. Performance obligations are satisfied and revenue is recognized over time if: (i) the customer receives the benefits as Woodward performs work, if the customer controls the asset as it is being enhanced, or if the product being produced for the customer has no alternative use to Woodward; and (ii) Woodward has an enforceable right to payment with a profit. For products being produced for the customer that have no alternative use to Woodward and Woodward has an enforceable right to payment with a profit, and where the products are substantially the same and have the same pattern of transfer to the customer, revenue is recognized as a series of distinct products. As Woodward satisfies MRO performance obligations, revenue is recognized over time, as the customer, rather than Woodward, controls the asset being enhanced. When services are provided, revenue from those services is recognized over time because control is transferred continuously to customers as Woodward performs the work. For services that are not short-term in nature, MRO, and sales of products that have no alternative use to Woodward and an enforceable right to payment with a profit, Woodward uses an actual cost input measure to determine the extent of progress towards completion of the performance obligation. For these revenue streams, revenue is recognized over time as work is performed based on the relationship between actual costs incurred to-date for each contract and the total estimated costs for such contract at completion of the performance obligation (the cost-to-cost method). Woodward has concluded that this measure of progress best depicts the transfer of assets to the customer because incurred costs are integral to Woodward’s completion of the performance obligation under the specific customer contract and correlate directly to the transfer of control to the customer. Contract costs include labor, material, and overhead. Contract cost estimates are based on various assumptions to project the outcome of future events. These assumptions include labor productivity, and availability; the complexity of the work to be performed; the cost and availability of materials; the performance of subcontractors; and the availability and timing of funding from the customer. Revenues, including estimated fees or profits, are recorded proportionally as costs are incurred. If at any time the estimate of contract profitability indicates an anticipated loss on the contract, Woodward recognizes provisions for estimated losses on uncompleted contracts in the period in which such losses are determined. In situations where the creditworthiness of a customer becomes in doubt, Woodward ceases to recognize the over-time revenue on the associated customer contract. Occasionally, Woodward sells maintenance or service arrangements, extended warranties, or other stand ready services. Woodward recognizes revenue from such arrangements as a series of performance obligations over the time period in which the services are available to the customer. Material rights and costs to fulfill a contract : Customers sometimes pay consideration to Woodward for product engineering and development activities that do not result in the immediate transfer of distinct products or services to the customer. There is an implicit assumption that without the customer making such advance payments to Woodward, Woodward’s future sales of products or services to the customer would be at a higher selling price; therefore, such payments create a “material right” to the customer that effectively gives the customer an option to acquire future products or services, at a discount, that are dependent upon the product engineering and development. Material rights are recorded as contract liabilities and will be recognized when control of the related products or services are transferred to the customer. Woodward capitalizes costs of product engineering and development identified as material rights up to the amount of customer funding as costs to fulfill a contract are incurred because the costs incurred up to the amount of the customer funding commitment are recoverable. Due to the uncertainty of the product success and/or demand, fulfillment costs in excess of the customer funding are expensed as incurred. Woodward recognizes the deferred material rights as revenue based on a percentage of actual sales to total estimated lifetime sales of the related developed products as the customers exercise their option to acquire additional products or services at a discount. Woodward amortizes the capitalized costs to fulfill a contract as cost of goods sold proportionally to the recognition of the associated deferred material rights. Estimated total lifetime sales are reviewed at least annually and more frequently when circumstances warrant a modification to the previous estimate. Woodward does not capitalize incremental costs of obtaining a contract, as Woodward does not pay sales commissions or incur other incremental costs related to contracts with Woodward’s customers for arrangements in which quantities and pricing are fixed and/or determinable. Contract liabilities: Advance payments and billings in excess of revenue recognized represent contract liabilities and are recorded as deferred revenues when customers remit contractual cash payments in advance of Woodward satisfying performance obligations under contractual arrangements, including those with performance obligations satisfied over time. Woodward generally receives advance payments from customers related to maintenance or service arrangements, extended warranties, or other stand ready services, which it recognizes over the performance period. Contract liabilities are satisfied when revenue is recognized and the performance obligation is satisfied. Advance payments and billings in excess of revenue recognized are included in deferred revenue, which is classified as current or noncurrent based on the timing of when Woodward expects to recognize revenue. Customer payments : Woodward occasionally agrees to make payments to certain customers in order to participate in anticipated sales activity. Payments made to customers are accounted for as a reduction of revenue unless they are made in exchange for identifiable goods or services with fair values that can be reasonably estimated. Reductions in revenue associated with these customer payments are recognized immediately to the extent that the payments cannot be attributed to anticipated future sales, and are recognized in future periods to the extent that the payments relate to anticipated future sales. Such determinations are based on the facts and circumstances underlying each payment. Purchase accounting : Business combinations are accounted for using the purchase method of accounting. Under this method, assets and liabilities, including intangible assets, are recorded at their fair values as of the acquisition date. Acquisition costs in excess of amounts assigned to assets acquired and liabilities assumed are recorded as goodwill. Transaction-related costs associated with business combinations are expensed as incurred. Stock-based compensation: Compensation cost relating to stock-based payment awards made to employees and directors is recognized in the financial statements using a fair value method. Non-qualified stock option awards, restricted stock units, and performance restricted stock units are issued under Woodward’s stock-based compensation plans. The cost of such awards, measured at the grant date, is based on the estimated fair value of the award. Forfeitures are estimated at the time of each grant in order to estimate the portion of the award that will ultimately vest. The estimate is based on Woodward’s historical rates of forfeitures and is updated periodically. The portion of the award that is ultimately expected to vest is recognized as expense over the requisite service periods, which is generally the vesting period of the awards. Research and development costs: Company funded expenditures related to new product development and significant product enhancement and/or upgrade activities are expensed as incurred and are separately reported in the Consolidated Statements of Earnings. Income taxes: Deferred income taxes are provided for the temporary differences between the financial reporting basis and the tax basis of Woodward’s assets, liabilities, and certain unrecognized gains and losses recorded in accumulated other comprehensive (losses) earnings. Woodward provides for taxes that may be payable if undistributed earnings of overseas subsidiaries were to be remitted to the United States, except for those earnings that it considers to be indefinitely invested. Cash equivalents: Highly liquid investments purchased with an original maturity of three months or less are considered to be cash equivalents. Accounts receivable: Almost all of Woodward’s sales are made on credit and result in accounts receivable, which are recorded at the amount invoiced and are generally not collateralized. In the normal course of business, not all accounts receivable are collected and, therefore, an allowance for uncollectible amounts is provided equal to the amount that Woodward believes ultimately will not be collected, either from credit risk or other adjustments to the original selling price or anticipated cash discounts. In establishing the amount of the allowance related to the credit risk of accounts receivable, customer-specific information is considered related to delinquent accounts, past loss experience, bankruptcy filings, deterioration in the customer’s operating results or financial position, current and forecasted economic conditions, and other relevant factors. Bad debt losses are deducted from the allowance, and the related accounts receivable balances are written off when the receivables are deemed uncollectible. Recoveries of accounts receivable previously written off are recognized when received. The allowance associated with anticipated other adjustments to the selling price or cash discounts is also established and is included in the allowance for uncollectible amounts. In establishing this amount, both customer-specific information as well as historical experience is considered. In coordination with its customers and when terms are considered favorable to Woodward, Woodward from time-to-time transfers ownership to collect amounts due to Woodward for outstanding accounts receivable to third parties in exchange for cash. When the transfer of accounts receivable meets the criteria of Financial Accounting Standards Board (“FASB”) ASC Topic 860-10, “Transfers and Servicing,” and are without recourse, it is recognized as a sale and the accounts receivable is derecognized, resulting in an increase of approximately $ 1,398 in cash provided by operating activities during fiscal year 2024 , compared to an increase in cash provided by operating activities of approximately $ 26,273 during fiscal year 2023. Unbilled receivables (contract assets) arise when the timing of billing differs from the timing of revenue recognized, such as when contract provisions require revenue to be recognized over time rather than at a point in time. Unbilled receivables primarily relate to performance obligations satisfied over time when the cost-to-cost method is utilized and the revenue recognized exceeds the amount billed to the customer as there is not yet a right to payment in accordance with contractual terms. Unbilled receivables are recorded as a contract asset when the revenue associated with the contract is recognized prior to billing and derecognized when billed in accordance with the terms of the contract. For composition of accounts receivable, see Note 3, Revenue. Inventories: Inventories are valued at the lower of cost or net realizable value, with cost being determined using methods that approximate a first-in, first-out basis. Short-term investments: From time to time, certain of Woodward’s foreign subsidiaries will invest excess cash in short-term time deposits with a fixed maturity date of longer than three months but less than one year from the date of the deposit. Woodward believes that the investments are with creditworthy financial institutions. Amounts with maturities of less than 365 days are classified as “Other current assets.” Property, plant, and equipment: Property, plant, and equipment are recorded at cost and are depreciated over the estimated useful lives of the assets. Assets are generally depreciated using the straight-line method. Assets are tested for recoverability whenever events or circumstances indicate the carrying value may not be recoverable. Estimated lives over which fixed assets are generally depreciated at September 30, 2024 were as follows: Land improvements 10 – 20 years Buildings and improvements 10 – 40 years Leasehold improvements 1 – 10 years Machinery and production equipment 3 – 25 years Computer equipment and software 3 – 10 years Office furniture and equipment 3 – 15 years Other 3 – 5 years Included in computer equipment and software are Woodward’s enterprise resource planning (“ERP”) systems, which have an estimated useful life of 15 years. All other computer equipment and software is generally depreciated over three years to five years . Leases: Right-of-use (“ROU”) assets and lease liabilities are recognized at the lease commencement date based on the estimated present value of the remaining fixed lease payments over the lease term. In determining the estimated present value of lease payments, Woodward discounts the fixed lease payments using the rate implicit in the agreement or, if the implicit rate is not known, using the incremental borrowing rate. Woodward’s incremental borrowing rate is based on the information available at the lease commencement date, with consideration given to Woodward’s recent debt issuances as well as publicly available data for instruments with similar characteristics. For operating leases, lease expense is recognized over the expected lease term and classified as a cost of goods sold or selling, general, and administrative expense based on the nature of the underlying leased asset. For finance leases, the ROU asset is recognized over the shorter of the useful life of the asset, consistent with Woodward’s normal depreciation policy, or the lease term, and is classified as a cost of goods sold, selling, general, and administrative expense, or research and development expense, based on the nature and use of the underlying leased asset. Certain of Woodward’s operating lease agreements include variable payments that are passed through by the landlord, such as insurance, taxes, and common area maintenance, payments based on the usage of the asset, and rental payments adjusted periodically for inflation. Pass-through charges, payments due to changes in usage of the asset, and payments due to changes in indexation are included within variable rent expense and are recognized in the period in which the variable obligation for the payments was incurred. Goodwill: Woodward tests goodwill for impairment at the reporting unit level on an annual basis and more often if an event occurs or circumstances change that indicates the fair value of a reporting unit may be below its carrying amount. Based on the relevant U.S. GAAP authoritative guidance, Woodward aggregates components of a single operating segment into a reporting unit, if appropriate. The impairment test consists of comparing the implied fair value of each reporting unit with its carrying amount that includes goodwill. If the carrying amount of the reporting unit exceeds its implied fair value, Woodward compares the implied fair value of goodwill with the recorded carrying amount of goodwill. If the carrying amount of goodwill exceeds the implied fair value of goodwill, an impairment loss would be recognized to reduce the carrying amount to its implied fair value. Based on the results of Woodward’s annual goodwill impairment testing, no impairment charges were recorded in the year ended September 30, 2024, 2023, or 2022 or since the goodwill was originally recorded. Other intangibles: Other intangibles are recognized apart from goodwill whenever an acquired intangible asset arises from contractual or other legal rights, or whenever it is capable of being separated or divided from the acquired entity and sold, transferred, licensed, rented, or exchanged, either individually or in combination with a related contract, asset, or liability. Woodward amortizes the cost of other intangibles over their useful lives unless such lives are deemed indefinite. The cost of finite-lived other intangibles are amortized over their respective useful life using patterns that reflect the periods over which the economic benefits of the assets are expected to be realized. Amortization expense is allocated to cost of goods sold and selling, general, and administrative expenses based on the nature of the intangible asset. Finite-lived other intangible assets are reviewed for impairment whenever an event occurs or circumstances change indicating that the related carrying amount of the other intangible asset may not be recoverable. Impairment losses are recognized if the carrying amount of an intangible is both not recoverable and exceeds its fair value. Woodward has recorded no impairment charges related to its other intangibles in the year ended September 30, 2024, 2023, or 2022. Estimated lives over which intangible assets are amortized at September 30, 2024 were as follows: Customer relationships and contracts 11 – 30 years Intellectual property 17 years Process technology 10 – 30 years Other 1 year Woodward has one indefinitely lived intangible asset consisting of the Woodward L’Orange trade name. The Woodward L’Orange trade name intangible asset is tested for impairment on an annual basis and more often if an event occurs or circumstances change that indicate the fair value of the Woodward L’Orange intangible asset may be below its carrying amount. The impairment test consists of comparing the fair value of the Woodward L’Orange trade name intangible asset, determined using discounted cash flows, with its carrying amount. If the carrying amount of the Woodward L’Orange intangible asset exceeds its fair value, an impairment loss would be recognized to reduce the carrying amount to its fair value. Woodward has not recorded any impairment charges against the L'Orange trade name intangible asset since it was acquired. Impairment of long-lived assets: Woodward reviews the carrying amount of its long-lived assets or asset groups to be used in operations whenever events or changes in circumstances indicate that the carrying amount of the assets might not be recoverable. Factors that would necessitate an impairment assessment include a significant adverse change in the extent or manner in which an asset is used, a significant adverse change in legal factors or the business climate that could affect the value of the asset, or a significant decline in the observable market value of an asset, among others. If such facts indicate a potential impairment, the Company would assess the recoverability of an asset group by determining if the carrying amount of the asset group exceeds the sum of the projected undiscounted cash flows expected to result from the use and eventual disposition of the assets over the remaining economic life of the primary asset in the asset group. If the recoverability test indicates that the carrying amount of the asset group is not recoverable, the Company will estimate the fair value of the asset group using appropriate valuation methodologies, which would typically include an estimate of discounted cash flows. Any impairment would be measured as the difference between the asset group’s carrying amount and its estimated fair value. Investment in marketable equity securities: Woodward holds marketable equity securities related to its deferred compensation program. Based on Woodward’s intentions regarding these instruments, marketable equity securities are classified as trading securities. The trading securities are reported at fair value, with realized gains and losses recognized in “Other (income) expense, net.” The trading securities are included in “Other assets.” The associated obligation to provide benefits under the deferred compensation program is included in “Other liabilities.” Investments in unconsolidated subsidiaries: Investments in, and operating results of, entities in which Woodward does not have a controlling financial interest or the ability to exercise significant influence over the operations are included in the financial statements using the cost method of accounting. Investments and operating results of entities in which Woodward does not have a controlling interest but does have the ability to exercise significant influence over operations are included in the financial statements using the equity method of accounting. Deferred compensation: The Company maintains a deferred compensation plan, or “rabbi trust,” as part of its overall compensation package for certain employees. Deferred compensation obligations will be settled either by delivery of a fixed number of shares of Woodward’s common stock (in accordance with certain eligible members’ irrevocable elections) or in cash. Woodward has contributed shares of its common stock into a trust established for the future settlement of deferred compensation obligations that are payable in shares of Woodward’s common stock. Common stock held by the trust is reflected in the Consolidated Balance Sheets as “Treasury stock held for deferred compensation” and the related deferred compensation obligation is reflected as a separate component of equity in amounts equal to the fair value of the common stock at the dates of contribution. These accounts are not adjusted for subsequent changes in the fair value of the common stock. Deferred compensation obligations that will be settled in cash are accounted for on an accrual basis in accordance with the terms of the underlying contract and are reflected in the Consolidated Balance Sheet as “Other liabilities.” Financial instruments: The Company’s financial instruments include cash and cash equivalents, short-term investments, investments in the deferred compensation program, notes receivable from municipalities, investments in term deposits, cross-currency interest rate swaps, and debt. Because of their short-term maturity, the carrying amount of cash and cash equivalents and short-term debt approximate fair value. Financial assets and liabilities recorded at fair value in the Consolidated Balance Sheets are categorized based upon a fair value hierarchy established by U.S. GAAP, which prioritizes the inputs used to measure fair value into the following levels: Level 1: Inputs based on quoted market prices in active markets for identical assets or liabilities at the measurement date. Level 2: Quoted prices included in Level 1, such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets and liabilities in markets that are not active; or other inputs that are observable and can be corroborated by observable market data. Level 3: Inputs reflect management’s best estimates and assumptions of what market participants would use in pricing the asset or liability at the measurement date. The inputs are unobservable in the market and significant to the valuation of the instruments. Further information on the fair value of financial instruments can be found at Note 7, Financial instruments and fair value measurements . Derivatives: The Company is exposed to various global market risks, including the effect of changes in interest rates, foreign currency exchange rates, changes in certain commodity prices, and fluctuations in various producer indices. From time to time, Woodward enters into derivative instruments for risk management purposes only, including derivatives designated as accounting hedges and/or those utilized as economic hedges. Woodward uses interest rate related derivative instruments to manage its exposure to fluctuations of interest rates. Woodward does not enter into or issue derivatives

New Accounting Standards

New Accounting Standards	12 Months Ended
New Accounting Standards	Sep. 30, 2024
Accounting Standards Update and Change in Accounting Principle [Abstract]
New Accounting Standards	Note 2. New accounting standards From time to time, the Financial Accounting Standards Board (“FASB”) or other standards setting bodies issue new accounting pronouncements. Updates to the FASB Accounting Standards Codification (“ASC”) are communicated through issuance of an Accounting Standards Update (“ASU”). In November 2023, the FASB issued ASU 2023-07, "Improvements to Reportable Segment Disclosures." The purpose of ASU 2023-07 is to provide enhanced disclosures about significant segment expenses. The amendments in ASU 2023-07 are effective for fiscal years beginning after December 15, 2023 (fiscal year 2025 for Woodward), and interim periods within fiscal years beginning after December 15, 2024 (fiscal year 2026 for Woodward), with early adoption permitted, and are to be applied on a retrospective basis to all periods presented. Woodward is currently assessing the impact on its segment reporting disclosures. In December 2023, the FASB issued ASU 2023-09, "Improvements to Income Tax Disclosures." The purpose of ASU 2023-09 is to provide enhanced disclosures surrounding income taxes by requiring consistent categories and greater disaggregation of information in the rate reconciliation, the disaggregation of income taxes paid by jurisdiction, as well as several other changes to the income tax disclosure. The amendments in ASU 2023-09 are effective for fiscal years beginning after December 15, 2024 (fiscal year 2026 for Woodward), with early adoption permitted, and is required to be applied prospectively with the option of retrospective application. Woodward is currently assessing the impact on its income tax disclosures. In November 2024, the FASB issued ASU 2024-03, "Disaggregation of Income Statement Expenses" the purpose of ASU 2024-03 is to provide enhanced disclosures about significant expenses on the Consolidated Statement of Earnings. The amendments in ASU 2024-03 are effective for fiscal years beginning after December 15, 2026 (fiscal year 2028 for Woodward), and interim periods within fiscal years beginning after December 15, 2027 (fiscal year 2029 for Woodward), with early adoption permitted, and are to be applied either on a prospective basis to financial statements issued for reporting periods after the effective date or on a retrospective basis to all periods presented. Woodward is currently assessing the impact on its Consolidated Statement of Earnings disclosures.

Revenue

Revenue	12 Months Ended
Revenue	Sep. 30, 2024
Revenue from Contract with Customer [Abstract]
Revenue	Note 3. Revenue Sales of products Woodward primarily generates revenue through the manufacture and sale of engineered aerospace and industrial products, including revenue derived from MRO performance obligations performed on products originally manufactured by Woodward and subsequently returned by OEM or other end-user customers. The majority of Woodward’s costs incurred to satisfy MRO performance obligations are related to replacing and/or refurbishing component parts of the returned products to restore the units back to a condition generally comparable to that of the unit upon its initial sale to an OEM customer. Therefore, Woodward considers almost all of its revenue to be derived from product sales, including those related to MRO. Year Ended September 30, 2024 2023 2022 Manufactured products 83 % 84 % 84 % MRO 15 % 14 % 14 % Services 2 % 2 % 2 % Point in time and over time revenue recognition The amount of revenue recognized as point in time or over time follows: For the Year Ended September 30, 2024 2023 2022 Aerospace Industrial Consolidated Aerospace Industrial Consolidated Aerospace Industrial Consolidated Point in time $ 853,728 $ 780,794 $ 1,634,522 $ 748,278 $ 708,458 $ 1,456,736 $ 593,233 $ 509,737 $ 1,102,970 Over time 1,174,890 514,837 1,689,727 1,019,825 438,005 1,457,830 926,089 353,731 1,279,820 Total net sales $ 2,028,618 $ 1,295,631 $ 3,324,249 $ 1,768,103 $ 1,146,463 $ 2,914,566 $ 1,519,322 $ 863,468 $ 2,382,790 Material rights and costs to fulfill a contract Amounts recognized related to changes in estimated total lifetime sales for material rights and costs to fulfill contracts with customers follows: Year Ended September 30, 2024 2023 2022 Revenue $ 17,154 $ 1,460 $ 1,514 Cost of goods sold 15,486 1,736 667 Amounts recognized related to amortization of costs to fulfill contracts and contract liabilities, which were not related to changes in estimate, follows: Year Ended September 30, 2024 2023 2022 Revenue $ 7,230 $ 6,741 $ 4,107 Cost of goods sold 3,112 5,559 3,077 As of September 30, 2024 , “Other assets” on the Consolidated Balance Sheets included $ 185,102 of capitalized costs to fulfill contracts with customers, compared to $ 180,228 as of September 30, 2023. Accounts receivable and contract assets Customer receivables include amounts billed and currently due from customers as well as unbilled amounts (contract assets) and are included in “Accounts receivable” in Woodward’s Consolidated Balance Sheets. Amounts are billed in accordance with contractual terms, which are generally tied to shipment of the products to the customer, or as work progresses in accordance with contractual terms. Billed accounts receivable are typically due within 60 days. Woodward’s contracts with customers generally have no financing components. Accounts receivable consisted of the following: September 30, 2024 September 30, 2023 Billed receivables Trade accounts receivable $ 455,831 $ 434,287 Other (Chinese financial institutions) 1,403 50,940 Total billed receivables 457,234 485,227 Current unbilled receivables (contract assets) 320,570 270,479 Total accounts receivable 777,804 755,706 Less: Allowance for uncollectible amounts ( 7,738 ) ( 5,847 ) Total accounts receivable, net $ 770,066 $ 749,859 As of September 30, 2024, “Other assets” on the Consolidated Balance Sheets includes $ 11,237 of unbilled receivables not expected to be invoiced and collected within a period of twelve months, compared to $ 7,332 as of September 30, 2023. Unbilled receivables not expected to be invoiced and collected within a period of twelve months are primarily attributable to the timing of revenue recognized in excess of billings in the Aerospace segment. Billed and unbilled accounts receivable from the U.S. Government were less than 10 % of total billed and unbilled accounts receivable at September 30, 2024 and September 30, 2023. The allowance for uncollectible amounts and change in expected credit losses for trade accounts receivable and unbilled receivables (contract assets) consisted of the following: Year Ended September 30, 2024 2023 2022 Balance, beginning $ 5,847 $ 3,922 $ 3,664 Changes in estimates 3,219 7,211 447 Write-offs ( 586 ) ( 5,305 ) ( 46 ) Other 1 ( 742 ) 19 ( 143 ) Balance, ending $ 7,738 $ 5,847 $ 3,922 (1) Includes effects of foreign exchange rate changes during the period. Contract liabilities Contract liabilities consisted of the following: September 30, 2024 September 30, 2023 Current Noncurrent Current Noncurrent Deferred revenue from material rights from JV formation $ 6,580 $ 232,164 $ 6,147 $ 233,997 Deferred revenue from advanced invoicing and/or prepayments from customers 23,706 6,437 6,868 2,196 Liability related to customer supplied inventory 20,563 — 14,543 — Deferred revenue from material rights related to engineering and development funding 5,942 186,008 6,190 178,464 Net contract liabilities $ 56,791 $ 424,609 $ 33,748 $ 414,657 The current portion of contract liabilities is included in “Accrued liabilities” and the noncurrent portion is included in “Other liabilities” of Woodward’s Consolidated Balance Sheets. Woodward recognized revenue of $ 44,398 in the year ended September 30, 2024 from contract liabilities balances recorded as of September 30, 2023, compared to $ 25,190 in the year ended September 30, 2023 from contract liabilities balances recorded as of September 30, 2022. The amount of revenue recognized related to noncash consideration received from customers follows: For the Year Ended September 30, 2024 2023 2022 Aerospace $ 61,323 $ 50,329 $ 63,358 Industrial 4,974 1,939 2,343 Consolidated $ 66,297 $ 52,268 $ 65,701 Remaining performance obligations Remaining performance obligations related to the aggregate amount of the total contract transaction price of firm orders for which the performance obligation has not yet been recognized in revenue as of September 30, 2024 was $ 2,932,793 , compared to $ 2,325,533 as of September 30, 2023 , the majority of which in both periods relate to Woodward’s Aerospace segment. Woodward expects to recognize almost all of these remaining performance obligations within two years after September 30, 2024. Remaining performance obligations related to material rights that have not yet been recognized in revenue as of September 30, 2024 was $ 509,366 , of which $ 14,788 is expected to be re cognized in fiscal year 2025 , and the balance is expected to be recognized thereafter. Woodward expects to recognize revenue from performance obligations related to material rights over the life of the underlying programs, which may be as long as forty years . Disaggregation of revenue Woodward designs, produces, and services reliable, efficient, low-emission, and high-performance energy control products for diverse applications in markets throughout the world. Woodward reports financial results for each of its Aerospace and Industrial reportable segments. Woodward further disaggregates its revenue from contracts with customers by primary market and by geographical area as Woodward believes this best depicts how the nature, amount, timing, and uncertainty of its revenue and cash flows are affected by economic factors. Revenue by primary market for the Aerospace reportable segment was as follows: Year Ended September 30, 2024 2023 2022 Commercial OEM $ 738,394 $ 651,275 $ 499,438 Commercial aftermarket 640,823 547,625 420,881 Defense OEM 406,810 368,653 422,016 Defense aftermarket 242,591 200,550 176,987 Total Aerospace segment net sales $ 2,028,618 $ 1,768,103 $ 1,519,322 Revenue by primary market for the Industrial reportable segment was as follows: Year Ended September 30, 2024 2023 2022 Power generation $ 423,872 $ 382,536 $ 317,026 Transportation 642,174 527,498 354,682 Oil and gas 229,585 236,429 191,760 Total Industrial segment net sales $ 1,295,631 $ 1,146,463 $ 863,468 During fiscal year 2023, for purposes of how we assess performance, we determined that certain revenue was better aligned with our markets consisting of power generation, transportation, and oil and gas, rather than the reciprocating engines and industrial turbines, how it was previously reported. For comparability, we have reclassified revenue for the year ended September 30, 2022 to conform to the new presentation. This reclassification of revenue had no impact on our consolidated financial results. The customers who account for approximately 10% or more of net sales of each of Woodward’s reportable segments are as follows: For the Year Ended September 30, 2024 2023 Aerospace RTX Corporation, The Boeing Company RTX Corporation, GE, The Boeing Company Industrial Weichai Power, Rolls-Royce PLC Rolls-Royce PLC, Caterpillar Inc., Weichai Power Net sales by geographic area, as determined based on the location of the customer, were as follows: Year Ended September 30, 2024 2023 2022 Aerospace Industrial Consolidated Aerospace Industrial Consolidated Aerospace Industrial Consolidated United States $ 1,404,223 $ 294,033 $ 1,698,256 $ 1,254,954 $ 283,121 $ 1,538,075 $ 1,105,860 $ 205,740 $ 1,311,600 Germany 72,583 196,775 269,358 80,450 193,392 273,842 57,840 174,216 232,056 Europe, excluding Germany 202,421 297,517 499,938 163,222 273,757 436,979 128,719 234,795 363,514 China 96,136 293,908 390,044 56,773 186,713 243,486 49,407 86,972 136,379 Asia, excluding China 59,103 163,603 222,706 37,107 162,922 200,029 23,334 128,855 152,189 Other countries 194,152 49,795 243,947 175,597 46,558 222,155 154,162 32,890 187,052 Total net sales $ 2,028,618 $ 1,295,631 $ 3,324,249 $ 1,768,103 $ 1,146,463 $ 2,914,566 $ 1,519,322 $ 863,468 $ 2,382,790

Earnings Per Share

Earnings Per Share	12 Months Ended
Earnings Per Share	Sep. 30, 2024
Earnings Per Share [Abstract]
Earnings Per Share	Note 4. Earnings per share Basic earnings per share is computed by dividing net earnings available to common stockholders by the weighted-average number of shares of common stock outstanding for the period. Diluted earnings per share reflects the weighted-average number of shares outstanding after consideration of the dilutive effect of stock options, restricted stock units, and performance stock units. The following is a reconciliation of net earnings to basic earnings per share and diluted earnings per share: Year Ended September 30, 2024 2023 2022 Numerator: Net earnings $ 372,971 $ 232,368 $ 171,698 Denominator: Basic shares outstanding 60,076 59,908 61,517 Dilutive effect of stock options; restricted and performance stock units 2,008 1,574 1,737 Diluted shares outstanding 62,084 61,482 63,254 Income per common share: Basic earnings per share $ 6.21 $ 3.88 $ 2.79 Diluted earnings per share $ 6.01 $ 3.78 $ 2.71 The following stock option grants were outstanding but were excluded from the computation of diluted earnings per share because their inclusion would have been anti-dilutive: Year Ended September 30, 2024 2023 2022 Options 63 561 1,019 Weighted-average option price $ 135.26 $ 114.88 $ 110.71 The weighted-average shares of common stock outstanding for basic and diluted earnings per share included the weighted-average treasury stock shares held for deferred compensation obligations of the following: Year Ended September 30, 2024 2023 2022 Weighted-average treasury stock shares held for deferred compensation obligations 51 88 151

Leases

Leases	12 Months Ended
Leases	Sep. 30, 2024
Leases [Abstract]
Leases	Note 5. Leases Lessee arrangements Woodward has entered into operating leases for certain facilities and equipment with terms in excess of one year under agreements that expire at various dates. Some leases require the payment of property taxes, insurance, maintenance costs, or other similar costs in addition to rental payments. Woodward has also entered into finance leases for equipment with terms in excess of one year under agreements that expire at various dates. None of Woodward’s lease agreements contain significant residual value guarantees, restrictions, or covenants. As of September 30, 2024, Woodward has not entered into any lease arrangements that have not yet commenced but would create significant rights and obligations. Woodward does not have any lease transactions between related parties. Lease-related assets and liabilities follows: Classification on the Consolidated Balance Sheets September 30, 2024 September 30, 2023 Assets: Operating lease assets Other assets $ 27,135 $ 24,680 Finance lease assets Property, plant, and equipment, net 2,516 3,337 Total lease assets 29,651 28,017 Current liabilities: Operating lease liabilities Accrued liabilities 5,029 4,594 Finance lease liabilities Current portion of long-term debt 719 817 Noncurrent liabilities: Operating lease liabilities Other liabilities 22,670 20,685 Finance lease liabilities L ong-term debt, less current portion 2,017 2,733 Total lease liabilities $ 30,435 $ 28,829 Supplemental lease-related information follows: September 30, 2024 September 30, 2023 Weighted average remaining lease term Operating leases 8.1 years 8.6 years Finance leases 3.8 years 4.6 years Weighted average discount rate Operating leases 4.4 % 4.0 % Finance leases 4.6 % 4.6 % Lease-related expenses were as follows: Year Ended September 30, 2024 2023 2022 Operating lease expense $ 6,804 $ 6,213 $ 6,335 Amortization of financing lease assets 820 914 454 Interest on financing lease liabilities 138 157 51 Variable lease expense 1,299 917 929 Short-term lease expense 164 196 190 Sublease income 1 — — ( 192 ) Total lease expense $ 9,225 $ 8,397 $ 7,767 (1) Relates to two separate subleases Woodward has entered into for a leased manufacturing building in Niles, Illinois, each of which expired during fiscal year 2022. Lease-related supplemental cash flow information was as follows: Year Ended September 30, 2024 2023 2022 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for operating leases $ 5,375 $ 5,151 $ 5,303 Operating cash flows for finance leases 138 157 51 Financing cash flows for finance leases 818 779 796 Right-of-use assets obtained in exchange for recorded lease obligations: Operating leases 6,117 2,230 14,678 Finance leases — 48 4,046 Maturities of lease liabilities were as follows: Year Ending September 30: Operating Leases Finance Leases 2025 $ 5,997 $ 823 2026 5,255 824 2027 4,338 822 2028 3,962 234 2029 3,219 182 Thereafter 10,241 75 Total lease payments 33,012 2,960 Less: imputed interest ( 5,313 ) ( 224 ) Total lease obligations $ 27,699 $ 2,736 Lessor arrangements Woodward has assessed its manufacturing contracts and concluded that certain of the contracts for the manufacture of customer products met the criteria to be considered a leasing arrangement (“embedded leases”) with Woodward as the lessor. The specific manufacturing contracts that met the criteria were those that utilized Woodward property, plant, and equipment and which is substantially (more than 90%) dedicated to the manufacturing of the product(s) for a single customer. Woodward has dedicated manufacturing lines with four of its customers representing embedded leases, all of which qualified as operating leases with undefined quantities of future customer purchase commitments. Although Woodward expects to allocate some portion of future net sales to these customers to embedded lessor arrangements, it cannot provide expected future undiscounted lease payments from property, plant, and equipment leased to customers as of September 30, 2024. If, in the future, customers reduce purchases of related products from Woodward, the Company believes it will derive additional value from the underlying equipment by repurposing its use to support other customer arrangements. Woodward recognizes revenue from the embedded lessor arrangements based on the value of the underlying dedicated property, plant, and equipment. There are no fixed payments that the customers under the embedded lessor arrangements are obligated to pay. Therefore, all the customer payments under the embedded lessor arrangements are considered variable with the associated leasing revenue recognized when the revenue from underlying product sale related to variable lease payment is recognized . Revenue from contracts with customers that included embedded operating leases, which is included in “ Net sales ” at the Consolidated Statements of Earnings, was $ 5,486 for the fiscal year ended September 30, 2024 , compared to $ 5,030 for the fiscal year ended September 30, 2023 and $ 5,528 for the fiscal year ended September 30, 2022. The carrying amount of property, plant, and equipment leased to others through embedded leasing arrangements, included in “Property, plant, and equipment, net” at the Consolidated Balance Sheets, was as follows: September 30, 2024 September 30, 2023 Property, plant, and equipment $ 48,495 $ 45,766 Less accumulated depreciation ( 32,994 ) ( 28,128 ) Property, plant, and equipment, net $ 15,501 $ 17,638

Joint Venture

Joint Venture	12 Months Ended
Joint Venture	Sep. 30, 2024
Equity Method Investments and Joint Ventures [Abstract]
Joint Venture	Note 6. Joint venture In fiscal year 2016, Woodward and GE consummated the formation of the strategic JV to develop, manufacture, and support fuel systems for specified existing and all future GE Aerospace commercial aircraft engines that produce thrust in excess of fifty thousand pounds. Since the split at GE, GE has been acting though GE Aerospace. Unamortized deferred revenue from material rights in connection with the JV formation included: September 30, 2024 September 30, 2023 Accrued liabilities $ 6,580 $ 6,147 Other liabilities 232,164 233,997 Amortization of the deferred revenue (material right) recognized as an increase to sales was $ 6,294 for the fiscal year ended September 30, 2024, $ 5,020 for the fiscal year ended September 30, 2023, and $ 3,633 for the fiscal year ended September 30, 2022. Woodward and GE Aerospace jointly manage the JV and any significant decisions and/or actions of the JV require the mutual consent of both parties. Neither Woodward nor GE Aerospace has a controlling financial interest in the JV, but both Woodward and GE Aerospace do have the ability to significantly influence the operating and financial decisions of the JV. Therefore, Woodward is accounting for its 50 % ownership interest in the JV using the equity method of accounting. The JV is a related party to Woodward. In addition, GE Aerospace will continue to pay contingent consideration to Woodward consisting of fifteen annual payments of $ 4,894 each, which began on January 4, 2017, subject to certain claw-back conditions. Woodward received its seventh and eighth annual payments of $ 4,894 during the three-months ended March 31, 2023 and March 31, 2024, respectively, which were recorded as deferred income and included in net cash provided by operating activities on the Consolidated Statements of Cash Flows. Neither Woodward nor GE at the time contributed any tangible assets to the JV. Other income related to Woodward’s equity interest in the earnings of the JV was as follows: For the Year Ended September 30, 2024 2023 2022 Other income $ 41,191 $ 36,846 $ 18,193 Cash distributions to Woodward from the JV, recognized in net cash provided by operating activities on the Consolidated Statements of Cash Flows, include: Year Ended September 30, 2024 2023 2022 Cash distributions $ 38,000 $ 29,000 $ 17,000 Net sales to the JV were as follows: For the Year Ended September 30, 2024 2023 2022 Net sales 1 $ 80,708 $ 47,607 $ 28,100 (1) Net sales include a reduction of $ 63,794 for the fiscal year ended September 30, 2024, $ 49,624 for the fiscal year ended September 30, 2023, and $ 28,054 for the fiscal year ended September 30, 2022 related to royalties owed to the JV by Woodward on sales by Woodward directly to third party aftermarket customers. The Consolidated Balance Sheets include “Accounts receivable” related to amounts the JV owed Woodward, “Accounts payable” related to amounts Woodward owed the JV, and “Other assets” related to Woodward’s net investment in the JV, as follows: September 30, 2024 September 30, 2023 Accounts receivable $ 5,205 $ 3,666 Accounts payable 11,378 6,276 Other assets 19,219 16,028 Woodward records in “Other liabilities” amounts invoiced to the JV for support of the JV’s engineering and development projects as an increase to contract liabilities and records in “Other assets” related incurred expenditures as costs to fulfill a contract. Contract liabilities and costs to fulfill a contract was as follows: September 30, 2024 September 30, 2023 Contract liabilities $ 78,226 $ 84,059 Costs to fulfill a contract 78,226 84,059 Woodward recognized revenue of $ 812 in the fiscal year ended September 30, 2024, from contract liabilities, recorded as of September 30, 2023, compared to $ 870 in the fiscal year ended September 30, 2023, from contract liabilities recorded as of September 30, 2022. Comparatively, Woodward recognized cost of goods sold of $ 1,236 in the fiscal year ended September 30, 2024, from contract assets, recorded as of September 30, 2023, compared to $ 870 in the fiscal year ended September 30, 2023, from contract assets recorded as of September 30, 2022. In the fiscal year ended September 30, 2024, Woodward recognized a $ 9,680 reduction in the contract liability and a $ 9,680 reduction in costs to fulfill a contract related to the termination of a JV engineering and development project previously recognized as a material right. No reductions in costs to fulfill a contract or contract liabilities were recorded during the fiscal year ended September 30, 2023 as a result of the termination of joint venture engineering and development projects.

Financial Instruments and Fair

Financial Instruments and Fair Value Measurements	12 Months Ended
Financial Instruments and Fair Value Measurements	Sep. 30, 2024
Fair Value Disclosures [Abstract]
Financial Instruments and Fair Value Measurements	Note 7. Financial instruments and fair value measurements The table below presents information about Woodward’s financial assets and liabilities that are measured at fair value on a recurring basis and indicates the fair value hierarchy of the valuation techniques Woodward utilized to determine such fair value. At September 30, 2024 At September 30, 2023 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Financial assets: Investments in banks and financial institutions $ 23,128 $ — $ — $ 23,128 $ 28,560 $ — $ — $ 28,560 Equity securities 30,782 — — 30,782 24,913 — — 24,913 Cross-currency interest rate swaps — — — — — 5,389 — 5,389 Total financial assets $ 53,910 $ — $ — $ 53,910 $ 53,473 $ 5,389 $ — $ 58,862 Financial liabilities: Cross-currency interest rate swaps $ — $ 12,004 $ — $ 12,004 $ — $ — $ — $ — Total financial liabilities $ — $ 12,004 $ — $ 12,004 $ — $ — $ — $ — Investments in banks and financial institutions: Woodward’s and its subsidiaries sometimes invest excess cash in various highly liquid financial instruments that Woodward believes are with creditworthy financial institutions. Such investments are reported in “Cash and cash equivalents” at fair value, with realized gains from interest income recognized in earnings. The carrying value of Woodward’s investments in banks and financial institutions are considered equal to the fair value given the highly liquid nature of the investments. Equity securities: Woodward holds marketable equity securities, through investments in various mutual funds, related to its deferred compensation program. Based on Woodward’s intentions regarding these instruments, marketable equity securities are classified as trading securities. The trading securities are reported at fair value, with realized gains and losses recognized in “Other (income) expense, net” on the Consolidated Statements of Earnings. The trading securities are included in “Other assets” in the Consolidated Balance Sheets. The fair values of Woodward’s trading securities are based on the quoted market prices for the net asset value of the various mutual funds. Cross-currency interest rate swaps: Woodward holds cross-currency interest rate swaps, which are accounted for at fair value. The swaps in an asset position are included in “Other current assets” and “Other assets,” and swaps in a liability position are included in “Accrued liabilities” and “Other liabilities” in the Condensed Consolidated Balance Sheets. The fair values of Woodward’s cross-currency interest rate swaps are determined using a market approach that is based on observable inputs other than quoted market prices, including contract terms, interest rates, currency rates, and other market factors. Cash, trade accounts receivable, accounts payable, and short-term borrowings are not remeasured to fair value, as the carrying cost of each approximates its respective fair value. The estimated fair values and carrying costs of other financial instruments that are not required to be remeasured at fair value in the Consolidated Balance Sheets were as follows : At September 30, 2024 At September 30, 2023 Fair Value Estimated Carrying Estimated Carrying Assets: Notes receivable from municipalities 2 $ 6,961 $ 6,514 $ 7,794 $ 7,688 Investments in short-term time deposits 2 3,064 3,064 6,095 6,107 Liabilities: Long-term debt 2 $ 634,071 $ 656,360 $ 661,507 $ 722,671 In connection with certain economic incentives related to Woodward’s development of a second campus in the greater-Rockford, Illinois area for its Aerospace segment and Woodward’s development of its corporate headquarters in Fort Collins, Colorado, Woodward received long-term notes from municipalities within the states of Illinois and Colorado. The fair value of the long-term notes was estimated based on a model that discounted future principal and interest payments received at an interest rate available to the Company at the end of the period for similarly rated municipal notes of similar maturity, which is a level 2 input as defined by the U.S. GAAP fair value hierarchy. The interest rates used to estimate the fair value of the long-term notes were 2.7 % at September 30, 2024 and 3.6 % at September 30, 2023. From time to time, certain of Woodward’s foreign subsidiaries will invest excess cash in short-term time deposits with a fixed maturity date of longer than three months but less than one year from the date of the deposit. Woodward believes that the investments are with creditworthy financial institutions. The fair value of the investments in short-term time deposits was estimated based on a model that discounted future principal and interest payments to be received at an interest rate available to the foreign subsidiary entering into the investment for similar short-term time deposits of similar maturity. This was determined to be a level 2 input as defined by the U.S. GAAP fair value hierarchy. The interest rates used to estimate the fair value of the short-term time deposits was 6.8 % at September 30, 2024 and at September 30, 2023. The fair value of long-term debt was estimated based on a model that discounted future principal and interest payments at interest rates available to the Company at the end of the period for similar debt of the same maturity, which is a level 2 input as defined by the U.S. GAAP fair value hierarchy. The weighted-average interest rates used to estimate the fair value of long-term debt were 4.5 % at September 30, 2024 and 5.9 % at September 30, 2023 .

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	12 Months Ended
Derivative Instruments and Hedging Activities	Sep. 30, 2024
Derivative Instruments and Hedges, Assets [Abstract]
Derivative Instruments and Hedging Activities	Note 8. Derivative instruments and hedging activities Derivative instruments not designated or qualifying as hedging instruments In May 2020, Woodward entered into a floating-rate cross-currency interest rate swap (the “2020 Floating-Rate Cross-Currency Swap”), with a notional value of $ 45,000 , and five fixed-rate cross-currency interest rate swap agreements (the “2020 Fixed-Rate Cross-Currency Swaps”), with an aggregate notional value of $ 400,000 , which effectively reduced the interest rates on the underlying fixed and floating-rate debt, respectively, under the 2018 Notes (as defined in Note 15, Credit facilities, sh ort-term borrowings and long-term debt ) and Woodward’s then existing revolving credit agreement. The net interest income of the cross-currency interest rate swaps is recorded as a reduction to “Interest expense” in Woodward’s Consolidated Statements of Earnings. The 2020 Floating-Rate Cross-Currency Swap expired on May 31, 2023 and, as such, is no longer recorded on the Consolidated Balance Sheets. As of September 30, 2024 , the total notional value of the 2020 Fixed-Rate Cross-Currency Swaps was $ 400,000 . See Note 7, Financial instruments and fair value measurements , for the related fair value of the derivative instruments as of September 30, 2024. Derivatives instruments in fair value hedging relationships In May 2020, Woodward entered into a US dollar denominated intercompany loan payable with identical terms and notional value as the 2020 Floating-Rate Cross-Currency Swap, together with a reciprocal intercompany floating-rate cross-currency interest rate swap. The agreements were entered into by Woodward Barbados Euro Financing SRL (“Euro Barbados”), a wholly owned subsidiary of Woodward. The US dollar denominated intercompany loan and reciprocal intercompany floating-rate cross-currency interest rate swap are designated as a fair value hedge under the criteria prescribed in ASC 815. The objective of the derivative instrument is to hedge against the foreign currency exchange risk attributable to the spot remeasurement of the US dollar denominated intercompany loan, as Euro Barbados maintains a Euro functional currency. For each floating-rate intercompany cross-currency interest rate swap, only the change in the fair value related to the cross-currency basis spread, or excluded component, of the derivative instrument is recognized in accumulated other comprehensive income ("OCI"). The remaining change in the fair value of the derivative instrument is recognized in foreign currency transaction gain or loss included in “Selling, general, and administrative costs” in Woodward’s Consolidated Statements of Earnings. The change in the fair value of the derivative instrument in foreign currency transaction gain or loss offsets the change in the spot remeasurement of the intercompany Euro and US dollar denominated loans. Hedge effectiveness is assessed based on the fair value changes of the derivative instrument, after excluding any fair value changes related to the cross-currency basis spread. The initial cost of the cross-currency basis spread is recorded in earnings each period through the swap accrual process. There are no credit-risk-related contingent features associated with the intercompany floating-rate cross-currency interest rate swap. Derivative instruments in cash flow hedging relationships In May 2020, Woodward entered into five US dollar intercompany loans payable, with identical terms and notional values of each tranche of the 2020 Fixed-Rate Cross-Currency Swaps, together with reciprocal fixed-rate intercompany cross-currency interest rate swaps. The agreements were entered into by Euro Barbados and are designated as cash flow hedges under the criteria prescribed in ASC 815. The objective of these derivative instruments is to hedge the risk of variability in cash flows attributable to the foreign currency exchange risk of cash flows for future principal and interest payments associated with the US dollar denominated intercompany loans over a thirteen-year period, as Euro Barbados maintains a Euro functional currency. For each of the fixed-rate intercompany cross-currency interest rate swaps, changes in the fair values of the derivative instruments are recognized in accumulated OCI and reclassified to foreign currency transaction gain or loss included in “Selling, general, and administrative costs” in Woodward’s Consolidated Statements of Earnings. Reclassifications out of accumulated OCI of the change in fair value occur each reporting period based upon changes in the spot rate remeasurement of the Euro and US dollar denominated intercompany loans, including associated interest. Hedge effectiveness is assessed based on the fair value changes of the derivative instruments and such hedges are deemed to be highly effective in offsetting exposure to variability in foreign exchange rates. There are no credit-risk-related contingent features associated with these fixed-rate cross-currency interest rate swaps. Derivatives instruments in net investment hedging relationships On September 23, 2016 , Woodward and Woodward International Holding B.V., a wholly owned subsidiary of Woodward organized under the laws of The Netherlands (the “BV Subsidiary”), each entered into a note purchase agreement (the “2016 Note Purchase Agreement”) relating to the sale by Woodward and the BV Subsidiary of an aggregate principal amount of € 160,000 of senior unsecured notes in a series of private placement transactions. Woodward issued € 40,000 aggregate principal amount of Woodward’s Series M Senior Notes due September 23, 2026 (the “Series M Notes”). Woodward designated the Series M Notes as a hedge of a foreign currency exposure of Woodward’s net investment in its Euro denominated functional currency subsidiaries. Related to the Series M Notes, included in foreign currency translation adjustments within total comprehensive (losses) earnings are net foreign exchange losses of $ 2,381 for the fiscal year ended September 30, 2024 , compared to net foreign exchange losses of $ 3,090 for the fiscal year ended September 30, 2023 , and net foreign exchange gains of $ 7,206 for the fiscal year ended September 30, 2022. Impact of derivative instruments designated as qualifying hedging instruments The following table discloses the amount of (income) expense recognized in earnings on derivative instruments designated as qualifying hedging instruments: Year Ended September 30, Derivatives in: Location 2024 2023 2022 Cross-currency interest rate swap agreement designated as fair value hedges Selling, general and administrative expenses $ — $ 939 $ ( 2,844 ) Cross-currency interest rate swap agreements designated as cash flow hedges Selling, general and administrative expenses 23,093 32,285 ( 66,036 ) $ 23,093 $ 33,224 $ ( 68,880 ) The following table discloses the amount of (gain) loss recognized in accumulated OCI on derivative instruments designated as qualifying hedging instruments: Year Ended September 30, Derivatives in: Location 2024 2023 2022 Cross-currency interest rate swap agreement designated as fair value hedges Selling, general and administrative expenses $ — $ 875 $ ( 2,854 ) Cross-currency interest rate swap agreements designated as cash flow hedges Selling, general and administrative expenses 18,551 35,712 ( 86,194 ) $ 18,551 $ 36,587 $ ( 89,048 ) The following table discloses the amount of (gain) loss reclassified from accumulated OCI on derivative instruments designated as qualifying hedging instruments: Year Ended September 30, Derivatives in: Location 2024 2023 2022 Cross-currency interest rate swap agreement designated as fair value hedges Selling, general and administrative expenses $ — $ 939 $ ( 2,844 ) Cross-currency interest rate swap agreements designated as cash flow hedges Selling, general and administrative expenses 23,093 32,285 ( 66,036 ) $ 23,093 $ 33,224 $ ( 68,880 ) The remaining unrecognized gains and losses in Woodward’s Consolidated Balance Sheets associated with derivative instruments that were previously entered into by Woodward, which are classified in accumulated OCI were net losses of $ 5,160 as of September 30, 2024 and $ 9,701 as of September 30, 2023 .

Supplemental Statement of Cash

Supplemental Statement of Cash Flows Information	12 Months Ended
Supplemental Statement of Cash Flows Information	Sep. 30, 2024
Supplemental Cash Flow Information [Abstract]
Supplemental Statement of Cash Flows Information	Note 9. Supplemental statement of cash flows information Year Ended September 30, 2024 2023 2022 Interest paid $ 36,700 $ 35,306 $ 27,435 Income taxes paid 152,049 92,509 29,560 Income tax refunds received 6,521 3,661 7,481 Non-cash activities: Purchases of property, plant and equipment on account 22,056 11,276 6,452 Common shares issued from treasury to settle benefit obligations 21,889 19,466 17,132

Acquisitions

Acquisitions	12 Months Ended
Acquisitions	Sep. 30, 2024
Acquisitions And Divestitures [Abstract]
Acquisitions	Note 10. Acquisitions On August 2, 2022, we entered into a series of Purchase Agreements with one of our Asia pacific channel partners, PM Control PLC (the “PM Agreements”). Pursuant to the PM Agreements, we agreed to acquire business assets and shares of stock of PM Control PLC and its affiliates (collectively, “PM Control”), for a total consideration (net of a working capital adjustment, excluding cash acquired from the acquisition, and including the settlement of pre-existing relationships) of $ 21,421 (the “PM Acquisition”). The PM Acquisition closed on August 31, 2022 (the “PM Closing”) and PM Control PLC became a wholly owned subsidiary of the Company. ASC Topic 805, “Business Combinations” (“ASC 805”), provides a framework to account for acquisition transactions under U.S. GAAP. The purchase price of PM Control, prepared consistent with the required ASC 805 framework, is allocated as follows: Cash paid to Sellers $ 22,890 Working capital adjustment ( 878 ) Less acquired cash and restricted cash ( 1,341 ) Plus settlement of pre-existing relationships 750 Total purchase price $ 21,421 The allocation of the purchase price to the assets acquired and liabilities assumed was finalized as of June 30, 2023 using the purchase method of accounting in accordance with ASC 805. Assets acquired and liabilities assumed in the transaction were recorded at their acquisition date fair values, while transaction costs associated with the acquisition were expensed as incurred. Woodward’s allocation was based on an evaluation of the appropriate fair values and represents management’s best estimate.

Inventories

Inventories	12 Months Ended
Inventories	Sep. 30, 2024
Inventory, Net [Abstract]
Inventories	Note 11. Inventories September 30, 2024 September 30, 2023 Raw materials $ 161,734 $ 133,699 Work in progress 147,676 127,438 Component parts (1) 376,456 327,522 Finished goods 91,787 74,594 Customer supplied inventory 20,563 14,543 On-hand inventory for which control has transferred to the customer ( 189,124 ) ( 159,953 ) $ 609,092 $ 517,843 (1) Component parts include items that can be sold separately as finished goods or included in the manufacture of other products.

Property, Plant, and Equipment

Property, Plant, and Equipment	12 Months Ended
Property, Plant, and Equipment	Sep. 30, 2024
Property, Plant and Equipment, Net [Abstract]
Property, Plant and Equipment	Note 12. Property, plant, and equipment September 30, 2024 September 30, 2023 Land and land improvements $ 91,105 $ 89,352 Buildings and building improvements 599,897 589,735 Leasehold improvements 22,022 21,079 Machinery and production equipment 849,595 807,244 Computer equipment and software 120,185 120,290 Office furniture and equipment 42,873 41,943 Other 33,392 20,073 Construction in progress 71,890 55,487 1,830,959 1,745,203 Less accumulated depreciation ( 890,244 ) ( 832,109 ) Property, plant, and equipment, net $ 940,715 $ 913,094 Woodward had depreciation expense as follows: Year Ended September 30, 2024 2023 2022 Depreciation expense $ 82,578 $ 82,154 $ 83,019

Goodwill

Goodwill	12 Months Ended
Goodwill	Sep. 30, 2024
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill	Note 13. Goodwill September 30, 2023 Effects of Foreign Currency Translation September 30, 2024 Aerospace $ 455,423 $ — $ 455,423 Industrial 336,045 15,175 351,220 Consolidated $ 791,468 $ 15,175 $ 806,643 September 30, 2022 Effects of Foreign Currency Translation September 30, 2023 Aerospace $ 455,423 $ — $ 455,423 Industrial 317,136 18,909 336,045 Consolidated $ 772,559 $ 18,909 $ 791,468 Woodward tests goodwill for impairment at the reporting unit level on an annual basis or at any time there is an indication goodwill may be impaired, commonly referred to as triggering events. Woodward completed its annual goodwill impairment test as of July 31, 2024 during the quarter ended September 30, 2024. The fair value of each of Woodward’s reporting units was determined using a discounted cash flow method. This method represents a Level 3 input and incorporates various estimates and assumptions, the most significant being projected revenue growth rates, earnings margins, future tax rates, and the present value, based on an estimated weighted-average cost of capital (or the discount rate) and terminal growth rate, of forecasted cash flows. Management projects revenue growth rates, earnings margins, and cash flows based on each reporting unit’s current operational results, expected performance, and operational strategies over a five-year period. These projections are adjusted to reflect current economic conditions and demand for certain products and require considerable management judgment. Forecasted cash flows used in the July 31, 2024 impairment test were discounted using weighted-average cost of capital assumptions ranging from 10.31 % to 10.33 % . The terminal values of the forecasted cash flows were calculated using the Gordon Growth Model and assumed an annual compound growth rate after five years of 5.07 % . These inputs, which are unobservable in the market and are Level 3 inputs, represent management’s best estimate of what market participants would use in determining the present value of the Company’s forecasted cash flows. Changes in these estimates and assumptions can have a significant impact on the fair value of forecasted cash flows. Woodward evaluated the reasonableness of the reporting units’ resulting fair values utilizing a market multiple method. The results of Woodward’s goodwill impairment test performed as of July 31, 2024 did not indicate impairment of any of Woodward’s reporting units.

Intangible Assets, Net

Intangible Assets, Net	12 Months Ended
Intangible Assets, Net	Sep. 30, 2024
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Intangible Assets, Net	Note 14. Intangible assets, net September 30, 2024 September 30, 2023 Gross Accumulated Net Gross Accumulated Net Intangible assets with finite lives: Customer relationships and contracts: Aerospace $ 281,683 $ ( 246,152 ) $ 35,531 $ 281,683 $ ( 236,143 ) $ 45,540 Industrial 399,030 ( 114,391 ) 284,639 378,804 ( 90,084 ) 288,720 Total $ 680,713 $ ( 360,543 ) $ 320,170 $ 660,487 $ ( 326,227 ) $ 334,260 Intellectual property: Aerospace $ — $ — $ — $ — $ — $ — Industrial 3,139 ( 3,139 ) — 3,139 ( 3,139 ) — Total $ 3,139 $ ( 3,139 ) $ — $ 3,139 $ ( 3,139 ) $ — Process technology: Aerospace $ 44,570 $ ( 40,346 ) $ 4,224 $ 44,570 $ ( 39,551 ) $ 5,019 Industrial 87,257 ( 35,983 ) 51,274 83,456 ( 31,709 ) 51,747 Total $ 131,827 $ ( 76,329 ) $ 55,498 $ 128,026 $ ( 71,260 ) $ 56,766 Other intangibles: Aerospace $ — $ — $ — $ — $ — $ — Industrial 592 ( 592 ) — 554 ( 524 ) 30 Total $ 592 $ ( 592 ) $ — $ 554 $ ( 524 ) $ 30 Intangible asset with indefinite life: Trade name: Aerospace $ — $ — $ — $ — $ — $ — Industrial 64,751 — 64,751 61,307 — 61,307 Total $ 64,751 $ — $ 64,751 $ 61,307 $ — $ 61,307 Total intangibles: Aerospace $ 326,253 $ ( 286,498 ) $ 39,755 $ 326,253 $ ( 275,694 ) $ 50,559 Industrial 554,769 ( 154,105 ) 400,664 527,260 ( 125,456 ) 401,804 Consolidated Total $ 881,022 $ ( 440,603 ) $ 440,419 $ 853,513 $ ( 401,150 ) $ 452,363 Indefinite lived intangible assets The Woodward L’Orange trade name intangible asset is tested for impairment on an annual basis and more often if an event occurs or circumstances change that indicate the fair value of the Woodward L’Orange intangible asset may be below its carrying amount. The impairment test consists of comparing the fair value of the Woodward L’Orange trade name intangible asset, determined using discounted cash flows based on the relief from royalty method under the income approach, with its carrying amount. If the carrying amount of the Woodward L’Orange trade name intangible asset exceeds its fair value, an impairment loss would be recognized to reduce the carrying amount to its fair value. Woodward has not recognized any impairment charges for this asset. During the fourth quarter, Woodward completed its annual impairment test of the Woodward L’Orange trade name intangible asset as of July 31, 2024 for the fiscal year ended September 30, 2024. The fair value of the Woodward L’Orange trade name intangible assets was determined using discounted cash flows based on the relief from royalty method under the income approach. This method represents a Level 3 input and incorporates various estimates and assumptions, the most significant being projected revenue growth rates, royalty rates, future tax rates, and the present value, based on an estimated weighted-average cost of capital (or the discount rate) and terminal growth rate, of the forecasted cash flow. Management projects revenue growth rates and cash flows based on Woodward L’Orange’s current operational results, expected performance, and operational strategies over a five year period. These projections are adjusted to reflect current economic conditions and demand for certain products and require considerable management judgment. The forecasted cash flow used in the July 31, 2024 impairment test was discounted using weighted-average cost of capital assumption of 10.20 %. The terminal value of the forecasted cash flow was calculated using the Gordon Growth Model and assumed an annual compound growth rate after five years of 5.07 % . These inputs, which are unobservable in the market and are Level 3 inputs, represent management’s best estimate of what market participants would use in determining the present value of the Company’s forecasted cash flows. Changes in these estimates and assumptions can have a significant impact on the fair value of the forecasted cash flow. The results of impairment test performed as of July 31, 2024 indicated the estimated fair value of the Woodward L’Orange trade name intangible asset was in excess of its carrying value, and accordingly, no impairment existed. Finite-lived intangible assets Woodward recorded amortization expense associated with intangibles of the following: Year Ended September 30, 2024 2023 2022 Amortization expense $ 33,592 $ 37,589 $ 37,609 Future amortization expense associated with intangibles is expected to be: Year Ending September 30: 2025 $ 28,360 2026 28,350 2027 28,297 2028 27,704 2029 26,375 Thereafter 236,582 $ 375,668

Credit Facilities, Short-term B

Credit Facilities, Short-term Borrowings and Long-term Debt	12 Months Ended
Credit Facilities, Short-term Borrowings and Long-term Debt	Sep. 30, 2024
Debt Disclosure [Abstract]
Credit Facilities, Short-term Borrowings and Long-term Debt	Note 15. Credit facilities, short-term borrowings, and long-term debt As of September 30, 2024, Woodward’s short-term borrowings and availability under its various short-term credit facilities follows: Total availability Outstanding Banker acceptance notes issued Outstanding Remaining Revolving credit facility $ 1,000,000 $ ( 7,864 ) $ — $ ( 217,000 ) $ 775,136 Foreign lines of credit and overdraft facilities 25,604 ( 244 ) ( 5,589 ) — 19,771 Foreign performance guarantee facilities 97 ( 59 ) — — 38 $ 1,025,701 $ ( 8,167 ) $ ( 5,589 ) $ ( 217,000 ) $ 794,945 Revolving credit facility Woodward maintains a $ 1,000,000 revolving credit facility established under a revolving credit agreement among Woodward, a syndicate of lenders and Wells Fargo Bank, National Association, as administrative agent, which provides for the option to increase available borrowings up to $ 1,500,000 , subject to lenders' participation (as amended in October 2022, the "Second Amended and Restated Revolving Credit Agreement"). Borrowings under the Second Amended and Restated Revolving Credit Agreement can be made by Woodward and certain of its foreign subsidiaries in U.S. dollars or in foreign currencies other than the U.S. dollar and generally bear interest at the Euro Interbank Offered Rate ("Euribor"), Sterling Overnight Index Average ("SONIA"), Tokyo Interbank Offered Rate ("TIBOR"), and Secured Overnight Financing Rate ("SOFR") base rates plus 0.875 % to 1.75 %. The Second Amended and Restated Revolving Credit Agreement matures on October 21, 2027 . Under the Second Amended and Restated Revolving Credit Agreement, there were $ 217,000 in principal borrowings outstanding as of September 30, 2024, at an effective interest rate of 5.82 %, compared to no borrowings outstanding as of September 30, 2023. The Second Amended and Restated Revolving Credit Agreement contains certain covenants customary with such agreements, which are generally consistent with the covenants applicable to Woodward’s long-term debt agreements, and contains customary events of default, including certain cross default provisions related to Woodward’s other outstanding material debt arrangements, the occurrence of which would permit the lenders to accelerate the amounts due thereunder. In addition, the Second Amended and Restated Revolving Credit Agreement includes the following financial covenants: (i) a maximum permitted leverage ratio of consolidated net debt to consolidated earnings before interest, taxes, depreciation, stock-based compensation, and amortization, plus any unusual non-cash charges to the extent deducted in computing net income and transaction costs associated with permitted acquisitions (incurred within six-months of the permitted acquisition), minus any unusual non-cash gains to the extent added in computing net income (“Leverage Ratio”) for Woodward and its consolidated subsidiaries of 3.5 to 1.0, which ratio, subject to certain restrictions, may increase to 4.0 to 1.0 for each period of four consecutive quarters during which a permitted acquisition occurs, and (ii) a minimum consolidated net worth of $ 1,156,000 plus (a) 50 % of Woodward’s positive net income for the prior fiscal year and (b) 50 % of Woodward’s net cash proceeds resulting from certain issuances of stock, subject to certain adjustments. The obligations of Woodward and from time-to-time certain of Woodward’s foreign subsidiaries, under the Second Amended and Restated Revolving Credit Agreement are guaranteed by Woodward MPC, Inc., Woodward HRT, Inc., or in case of obligations with any foreign subsidiaries of Woodward that are borrowers thereunder, Woodward L’Orange GmbH, each of which is a wholly owned subsidiary of Woodward. Short-term borrowings Woodward has other foreign lines of credit and foreign overdraft facilities at various financial institutions, which are generally reviewed annually for renewal and are subject to the usual terms and conditions applied by the financial institutions. Pursuant to the terms of the related facility agreements, Woodward’s foreign performance guarantee facilities are limited in use to providing performance guarantees to third parties. Consistent with common business practice in China, Woodward's Chinese subsidiaries have issued bankers' acceptance notes ("Bank drafts") to Chinese suppliers in settlement of certain customer accounts payable. Bank drafts are financial instruments issued by Chinese financial institutions as part of financing arrangements between the financial institution and a customer of the financial institution. Bank drafts represent a commitment by the issuing financial institution to pay a certain amount of money at a specified future maturity date to the legal owner of the bankers' acceptance note as of the maturity date. Woodward has elected to adopt the practical expedient to not adjust the promised amounts of consideration at contract inception as the financing component associated with issuing bank drafts has a duration of less than one year. There were no borrowings outstanding on Woodward’s foreign lines of credit and foreign overdraft facilities as of both September 30, 2024 and September 30, 2023. Long-term debt September 30, 2024 September 30, 2023 Series H notes – 4.03 %, due November 15, 2023 ; unsecured $ — $ 25,000 Series I notes – 4.18 %, due November 15, 2025 ; unsecured 25,000 25,000 Series K notes – 4.03 %, due November 15, 2023 ; unsecured — 50,000 Series L notes – 4.18 %, due November 15, 2025 ; unsecured 50,000 50,000 Series M notes – 1.12 % due September 23, 2026 ; unsecured 44,656 42,280 Series N notes – 1.31 % due September 23, 2028 ; unsecured 85,963 81,390 Series O notes – 1.57 % due September 23, 2031 ; unsecured 48,005 45,451 Series P notes – 4.27 % due May 30, 2025 ; unsecured 85,000 85,000 Series Q notes – 4.35 % due May 30, 2027 ; unsecured 85,000 85,000 Series R notes – 4.41 % due May 30, 2029 ; unsecured 75,000 75,000 Series S notes – 4.46 % due May 30, 2030 ; unsecured 75,000 75,000 Series T notes – 4.61 % due May 30, 2033 ; unsecured 80,000 80,000 Finance leases (Note 5) 2,736 3,550 Unamortized debt issuance costs ( 890 ) ( 1,145 ) Total long-term debt 655,470 721,526 Less: Current portion of long-term debt 85,719 75,817 Long-term debt, less current portion $ 569,751 $ 645,709 The Notes On October 1, 2013, Woodward entered into a note purchase agreement relating to the sale by Woodward of an aggregate principal amount of $ 250,000 of its senior unsecured notes in a series of private placement transactions. Woodward issued the Series H and I Notes (the “First Closing Notes”) on October 1, 2013 . Woodward issued the Series K and L Notes (the “Second Closing Notes” and with the First Closing Notes, collectively the “USD Notes”) on November 15, 2013 . On November 15, 2023, Woodward paid the entire principal balance of $ 75,000 on the Series H and K Notes using proceeds from borrowings under its existing revolving credit facility. On September 23, 2016, Woodward and the BV Subsidiary each entered into note purchase agreements (the “2016 Note Purchase Agreements”) relating to the sale by Woodward and the BV Subsidiary of an aggregate principal amount of € 160,000 of senior unsecured notes in a series of private placement transactions. Woodward issued € 40,000 Series M Notes. The BV Subsidiary issued (a) € 77,000 aggregate principal amount of the BV Subsidiary’s Series N Senior Notes (the “Series N Notes”) and (b) € 43,000 aggregate principal amount of the BV Subsidiary’s Series O Senior Notes (the “Series O Notes” and together with the Series M Notes and the Series N Notes, the “2016 Notes”). On May 31, 2018, Woodward entered into a note purchase agreement (the “2018 Note Purchase Agreement”) relating to the sale by Woodward of an aggregate principal amount of $ 400,000 of senior unsecured notes comprised of (a) $ 85,000 aggregate principal amount of its Series P Senior Notes (the “Series P Notes”), (b) $ 85,000 aggregate principal amount of its Series Q Senior Notes (the “Series Q Notes”), (c) $ 75,000 aggregate principal amount of its Series R Senior Notes (the “Series R Notes”), (d) $ 75,000 aggregate principal amount of its Series S Senior Notes (the “Series S Notes”), and (e) $ 80,000 aggregate principal amount of its Series T Senior Notes (the “Series T Notes”, and together with the Series P Notes, the Series Q Notes, the Series R Notes, and the Series S Notes, the “2018 Notes,” and, together with the USD Notes and 2016 Notes, the “Notes”), in a series of private placement transactions. In connection with the issuance of the 2018 Notes, the Company entered into cross-currency swap transactions in respect of each tranche of the 2018 Notes, which effectively reduced the interest rates on the Series P Notes to 1.82 % per annum, the Series Q Notes to 2.15 % per annum, the Series R Notes to 2.42 % per annum, the Series S Notes to 2.55 % per annum and the Series T Notes to 2.90 % per annum. The Company entered into the 2020 Floating-Rate Cross-Currency Swap and 2020 Fixed-Rate Cross-Currency Swaps, which effectively resulted in the interest rates on the Series P Notes being 3.44 % per annum, the Series Q Notes to 3.44 % per annum, the Series R Notes to 3.45 % per annum, the Series S Notes to 3.50 % per annum and the Series T Notes to 3.62 % per annum (see Note 8, Derivative instruments and hedging activities ). Interest on the USD Notes are payable semi-annually on April 1 and October 1 of each year until all principal is paid. Interest on the 2016 Notes is payable semi-annually on March 23 and September 23 of each year, until all principal is paid. None of the Notes were registered under the Securities Act of 1933 and they may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. Holders of the Notes do not have any registration rights. All of the issued Notes are held by multiple institutions. Woodward’s payment and performance obligations under the Notes, including without limitation the obligations for payment of all principal, interest, and any applicable prepayment compensation amount, are guaranteed by (i) Woodward FST, Inc., Woodward MPC, Inc., and Woodward HRT, Inc., each of which is a wholly owned subsidiary of Woodward, and (ii) in the case of the BV Subsidiary’s Series N and O Notes, by Woodward. Woodward’s obligations under the Notes rank equal in right of payment with all of Woodward’s other unsecured unsubordinated debt, including its outstanding debt under its revolving credit facility. The Notes contain restrictive covenants customary for such financings, including, among other things, covenants that place limits on Woodward’s ability to incur liens on assets, incur additional debt (including a leverage or coverage-based maintenance test), transfer or sell Woodward’s assets, merge or consolidate with other persons and enter into material transactions with affiliates. Under the financial covenants contained in the note purchase agreement governing each series of the Notes, Woodward’s priority debt may not exceed, at any time, 1 5 % of its consolidated net worth. Woodward’s Leverage Ratio cannot exceed 4.0 to 1.0 during any material acquisition period, or 3.5 to 1.0 at any other time on a rolling four quarter basis. In the event that Woodward’s Leverage Ratio exceeds 3.5 to 1.0 during any material acquisition period, the interest rate on each series of Notes will increase. The minimum consolidated net worth, prior year positive net income, and net cash proceeds resulting from certain issuances of stock for satisfaction of Woodward’s leverage ratio are consistent between the Notes and Revolving Credit Agreement. Required future principal payments of the Notes and financing leases as of September 30, 2024 are as follows: Year Ending September 30: 2025 $ 85,719 2026 119,658 2027 85,021 2028 87,209 2029 75,000 Thereafter 203,753 $ 656,360 Certain financial and other covenants under Woodward’s debt agreements contain customary restrictions on the operation of its business. Management believes that Woodward was in compliance with the covenants under the long-term debt agreements at September 30, 2024. Debt Issuance Costs In connection with the Second Amended and Restated Revolving Credit Agreement, Woodward incurred $ 2,236 in debt issuance costs, which are deferred and are being amortized using the straight-line method over the life of the agreement. Amounts recognized as interest expense from the amortization of debt issuance costs were $ 929 in fiscal year 2024, $ 963 in fiscal year 2023, and $ 917 in fiscal year 2022. Unamortized debt issuance costs associated with the Notes of $ 890 as of September 30, 2024 and $ 1,145 as of September 30, 2023 were recorded as a reduction in “Long-term debt, less current portion” in the Consolidated Balance Sheets. Unamortized debt issuance costs associated with Woodward’s Revolving Credit Agreements of $ 1,977 as of September 30, 2024 and $ 2,636 as of September 30, 2023 were recorded as “Other assets” in the Consolidated Balance Sheets. Amortization of debt issuance costs is included in operating activities in the Consolidated Statements of Cash Flows.

Accrued Liabilities

Accrued Liabilities	12 Months Ended
Accrued Liabilities	Sep. 30, 2024
Accrued Liabilities, Current [Abstract]
Accrued Liabilities	Note 16. Accrued liabilities September 30, 2024 September 30, 2023 Salaries and other member benefits $ 151,921 $ 146,713 Product warranties and related liabilities 18,844 18,162 Interest payable 12,163 13,611 Accrued retirement benefits 2,888 2,822 Net current contract liabilities 56,791 33,748 Taxes, other than income 15,884 13,436 Other 34,151 34,124 $ 292,642 $ 262,616 Product warranties and related liabilities Provisions of Woodward’s sales agreements include product warranties customary to these types of agreements. Accruals are established for specifically identified warranty issues and related liabilities that are probable to result in future costs. Warranty costs are accrued as revenue is recognized on a non-specific basis whenever past experience indicates a normal and predictable pattern exists. Changes in accrued product warranties and related liabilities were as follows: Year Ended September 30, 2024 2023 2022 Beginning of period $ 18,162 $ 40,042 $ 17,481 Additions, net of recoveries 13,797 25,984 29,827 Reductions for settlement ( 13,368 ) ( 47,949 ) ( 6,937 ) Foreign currency exchange rate changes 253 85 ( 329 ) End of period $ 18,844 $ 18,162 $ 40,042 Restructuring charges During fiscal year 2023, the Company committed to a cost reduction plan ("Cost Reduction Plan") to better align the cost structure and recorded $ 5,172 of restructuring charges. The charges recognized under the Cost Reduction Plan consist of workforce management costs primarily related to aligning the cost structure of the Company's Industrial segment with the current market conditions. All of the restructuring charges were recorded as nonsegment expenses and were paid as of September 30, 2023. In fiscal year 2022, the Company determined to implement a streamlined Aerospace and Industrial organizational and leadership structure designed to enhance the sales experience for customers, simplify operations, and increase profitability through improved execution. In connection with leadership changes arising from such reorganization, we recorded $ 1,083 of restructuring charges as nonsegment expenses and were paid as of September 30, 2023. In fiscal year 2021, the Company recorded aggregate restructuring charges totaling $ 5,008 as nonsegment expenses for two separate workforce management actions, one in our hydraulics systems business and one in our engine systems business. In fiscal year 2022, we experienced a challenging operating environment that included the ongoing impact of global supply chain and labor disruptions, along with high inflation, which resulted in changed business conditions as compared to when we initially recorded the restructuring charges in fiscal year 2021. We adapted to the changed business conditions by, among other initiatives, (i) developing and implementing plans to insource select machined components, (ii) redeploying talent and adding indirect resources to our factories to stabilize the production environment, and (iii) determining to retain employees that otherwise would have been impacted by the planned restructuring activities to support a stable workforce and effectively manage through attrition. As such, the remaining unpaid accrued restructuring charges, which amounted to $ 4,503 , were no longer needed and were reversed. The summary of activity in accrued restructuring charges is as follows: Period Activity September 30, 2022 Charges Payments Non-cash September 30, 2023 Workforce management costs associated with: Cost reduction plan $ — $ 5,172 $ ( 5,207 ) $ 35 $ — Aerospace 139 — ( 139 ) — — Industrial 944 — ( 944 ) — — Total $ 1,083 $ 5,172 $ ( 6,290 ) $ 35 $ — There were no restructuring charges during the year ended September 30, 2024.

Other Liabilities

Other Liabilities	12 Months Ended
Other Liabilities	Sep. 30, 2024
Other Liabilities, Noncurrent [Abstract]
Other Liabilities	Note 17. Other liabilities September 30, 2024 September 30, 2023 Net accrued retirement benefits, less amounts recognized within accrued liabilities $ 83,094 $ 72,570 Total unrecognized tax benefits 10,104 8,020 Noncurrent income taxes payable 5,894 10,714 Deferred economic incentives (1) 7,062 5,797 Noncurrent operating lease liabilities 22,670 20,685 Cross-currency swap derivative liability 10,562 — Net noncurrent contract liabilities 424,609 414,657 Other 13,385 11,047 $ 577,380 $ 543,490 (1) Woodward receives certain economic incentives from various state and local authorities related to capital expansion projects. Such amounts are initially recorded as deferred credits and are being recognized as a reduction to pre-tax expense over the economic lives of the related capital expansion projects.

Other (Income) Expense, Net

Other (Income) Expense, Net	12 Months Ended
Other (Income) Expense, Net	Sep. 30, 2024
Nonoperating Income (Expense) [Abstract]
Other (Income) Expense, Net	Note 18. Other (income) expense, net Year Ended September 30, 2024 2023 2022 Equity interest in the earnings of the JV $ ( 41,191 ) $ ( 36,846 ) $ ( 18,193 ) Net (gain) loss on sales of assets and businesses ( 457 ) 1,491 ( 1,775 ) Gain on non-recurring matter related to a previous acquisition ( 4,803 ) — — Rent income ( 347 ) ( 360 ) ( 672 ) Net (gain) loss on investments in deferred compensation program ( 6,571 ) ( 3,265 ) 6,295 Other components of net periodic pension and other postretirement benefit, excluding service cost and interest expense ( 11,764 ) ( 10,547 ) ( 11,572 ) Other ( 2,035 ) ( 764 ) ( 774 ) $ ( 67,168 ) $ ( 50,291 ) $ ( 26,691 )

Income Taxes

Income Taxes	12 Months Ended
Income Taxes	Sep. 30, 2024
Income Tax Disclosure [Abstract]
Income Taxes	Note 19. Income taxes Income taxes consisted of the following: Year Ended September 30, 2024 2023 2022 Current: Federal $ 46,102 $ 41,195 $ 21,869 State 4,841 2,641 2,310 Foreign 74,663 39,719 27,577 Deferred: Federal ( 18,888 ) ( 38,136 ) ( 13,216 ) State ( 7,341 ) ( 10,006 ) ( 8,623 ) Foreign ( 18,377 ) 7,987 ( 1,717 ) $ 81,000 $ 43,400 $ 28,200 Earnings before income taxes by geographical area consisted of the following: Year Ended September 30, 2024 2023 2022 United States $ 244,320 $ 122,389 $ 99,427 Other countries 209,651 153,379 100,471 $ 453,971 $ 275,768 $ 199,898 Significant components of deferred income taxes presented in the Consolidated Balance Sheets are related to the following: September 30, 2024 September 30, 2023 Deferred tax assets: Defined benefit plans, other postretirement $ 3,695 $ 3,769 Foreign net operating loss carryforwards 6,547 3,748 Inventory 77,013 68,034 Stock-based and other compensation 48,360 51,099 Deferred revenue net of unbilled receivables 43,400 46,283 Other reserves 7,850 8,244 Tax credits and incentives 30,886 28,319 Lease obligations 6,851 6,103 Other 4,622 4,476 Capitalized research and development costs 63,080 37,328 Valuation allowance ( 5,983 ) ( 3,827 ) Total deferred tax assets, net of valuation allowance 286,321 253,576 Deferred tax liabilities: Goodwill and intangibles - net ( 198,012 ) ( 194,891 ) Property, plant and equipment ( 97,340 ) ( 99,547 ) Right of use assets ( 6,691 ) ( 5,948 ) Defined benefit plans, pension ( 13,133 ) ( 9,892 ) Other ( 8,612 ) ( 17,568 ) Total deferred tax liabilities ( 323,788 ) ( 327,846 ) Net deferred tax liabilities $ ( 37,467 ) $ ( 74,270 ) Woodward has recorded a net operating loss (“NOL”) deferred tax asset of $ 6,547 as of September 30, 2024 and $ 3,748 as of September 30, 2023. The majority of the NOL carryforwards as of September 30, 2024 expire at various times beginning in fiscal years 2027 through 2029. Woodward has recorded tax credits and incentives deferred tax assets of $ 30,886 as of September 30, 2024 and $ 28,319 as of September 30, 2023. The majority of the tax credit and incentive carryforwards as of September 30, 2024 expire at various times beginning in fiscal year 2025 through 2035. Deferred tax assets are reduced by a valuation allowance when the realization of the deferred tax asset is less than 50 percent likely. Both positive and negative evidence are considered in forming Woodward’s judgment as to whether a valuation allowance is appropriate, and more weight is given to evidence that can be objectively verified. Valuation allowances are reassessed whenever there are changes in circumstances that may cause a change in judgment. The change in the valuation allowance was primarily the result of adjusting an existing valuation allowance for a current year foreign net operating loss that we assess is not realizable. At September 30, 2024 , Woodward has not provided for taxes on undistributed foreign earnings of $ 361,600 that it considered indefinitely reinvested. This balance has been reduced for foreign earnings that are now considered distributable and resulted in the booking of an associated net deferred tax liability of approximately $ 6,100 in the qu arter. These earnings could become subject to income taxes if they are remitted as dividends, are loaned to Woodward or any of Woodward’s subsidiaries located in the United States, or if Woodward sells its stock in the foreign subsidiaries. Any additional U.S. taxes could be offset, in part or in whole, by foreign tax credits. The amount of such taxes and application of tax credits would be dependent on the income tax laws and other circumstances at the time these amounts are repatriated. Based on these variables, it is impractical to determine the income tax liability that might be incurred if these funds were to be repatriated. The following is a reconciliation of the U.S. federal statutory tax 21 % in the fiscal years ended September 30, 2024, September 30, 2023, and September 30, 2022 to Woodward’s effective income tax rate: Year Ending September 30, 2024 2023 2022 Percent of pretax earnings Statutory tax rate 21.0 % 21.0 % 21.0 % State income taxes, net of federal tax benefit ( 0.4 ) ( 1.6 ) ( 2.5 ) Taxes on international activities ( 0.8 ) ( 0.6 ) 0.8 Research credit ( 2.1 ) ( 3.9 ) ( 4.5 ) Net excess income tax benefit from stock-based compensation ( 3.0 ) ( 3.7 ) ( 2.5 ) Adjustments of prior period tax items 0.9 ( 1.3 ) — Compensation and benefits 0.8 0.6 0.3 Distributable foreign earnings 1.4 4.6 — Other items, net — 0.6 1.5 Effective tax rate 17.8 % 15.7 % 14.1 % In determining the tax amounts in Woodward’s financial statements, estimates are sometimes used that are subsequently adjusted in the actual filing of tax returns or by updated calculations. In addition, Woodward occasionally has resolutions of tax items with tax authorities related to prior years due to the conclusion of audits and the lapse of applicable statutes of limitations. Such adjustments are included in the “Adjustments of prior period tax items” line in the above table. The increase in the effective tax rate for fiscal year 2024 compared to fiscal year 2023 is primarily attributable to a smaller research and development credit, smaller net excess income tax benefit from stock-based compensation as percent of current year earnings, fewer resolutions of tax items with taxing authorities in the current fiscal year, and increased return to provision items in the current fiscal year. This increase is partially offset by smaller current fiscal year projected future withholding taxes on unremitted earnings. A reconciliation of the beginning and ending amounts of gross unrecognized tax benefits follows: Year Ending September 30, 2024 2023 2022 Beginning balance $ 11,112 $ 11,938 $ 15,199 Additions to current year tax positions 5,673 3,933 1,783 Reductions to prior year tax positions ( 99 ) ( 141 ) ( 963 ) Additions to prior year tax positions 180 — 112 Lapse of applicable statute of limitations ( 2,592 ) ( 4,618 ) ( 4,193 ) Ending balance $ 14,274 $ 11,112 $ 11,938 Included in the balance of unrecognized tax benefits were $ 8,003 as of September 30, 2024 and $ 6,963 as of September 30, 2023 of tax benefits that, if recognized, would affect the effective tax rate. At this time, Woodward estimates that it is reasonably possible that the liability for unrecognized tax benefits will decrease by as much as $ 1,909 in the next twelve months due to the completion of review by tax authorities, lapses of statutes, and the settlement of tax positions. Woodward accrues for potential interest and penalties related to unrecognized tax benefits and all other interest and penalties related to tax payments in tax expense. Woodward’s tax returns are subject to audits by U.S. federal, state, and foreign tax authorities, and these audits are at various stages of completion at any given time. Reviews of tax matters by authorities and lapses of the applicable statutes of limitation may result in changes to tax expense. Woodward’s fiscal years remaining open to examination for U.S. federal income taxes include fiscal years 2021 and thereafter. Woodward’s fiscal years remaining open to examination for significant U.S. state income tax jurisdictions include fiscal years 2018 and thereafter. Woodward’s, fiscal years remaining open to examination in significant foreign jurisdictions include 2018 and thereafter.

Retirement Benefits

Retirement Benefits	12 Months Ended
Retirement Benefits	Sep. 30, 2024
Retirement Benefits [Abstract]
Retirement Benefits	Note 20. Retirement benefits Woodward provides various retirement benefits to eligible members of the Company, including contributions to various defined contribution plans, pension benefits associated with defined benefit plans, postretirement medical benefits, and postretirement life insurance benefits. Eligibility requirements and benefit levels vary depending on employee location. Defined contribution plans Most of the Company’s U.S. employees are eligible to participate in the U.S. defined contribution plan. The U.S. defined contribution plan allows employees to defer part of their annual income for income tax purposes into their personal 401(k) accounts. The Company makes matching contributions to eligible employee accounts, which are also deferred for employee personal income tax purposes. Certain non-U.S. employees are also eligible to participate in similar non-U.S. plans. Most of Woodward's U.S. employees receive an annual contribution of Woodward stock, equal to 5 % of their eligible prior year wages, to their personal Woodward Retirement Savings Plan accounts. In the second quarters of fiscal years 2024, 2023, and 2022, Woodward fulfilled its annual Woodward stock contribution obligation using shares held in treasury stock by issuing a total of 159 shares of common stock for a value of $ 21,889 in fiscal year 2024, 188 total shares of common stock for a value of $ 19,466 in fiscal year 2023, and 150 shares of common stock for a value of $ 17,132 in fiscal year 2022. The Woodward Retirement Savings Plan (the “WRS Plan”) held 2,222 shares of Woodward stock as of September 30, 2024 and 2,441 shares as of September 30, 2023. The shares held in the WRS Plan participate in dividends and are considered issued and outstanding for purposes of calculating basic and diluted earnings per share. Accrued liabilities included obligations to contribute shares of Woodward common stock to the WRS Plan in the amount of $ 19,532 as of September 30, 2024 and $ 16,634 as of September 30, 2023. The amount of expense associated with defined contribution plans was as follows: Year Ended September 30, 2024 2023 2022 Company costs $ 51,148 $ 44,202 $ 40,898 Defined benefit plans Woodward has defined benefit plans that provide pension benefits for certain retired employees in the United States, the United Kingdom, Japan, and Germany. Woodward also provides other postretirement benefits to its employees including postretirement medical benefits and life insurance benefits. Postretirement medical benefits are provided to certain current and retired employees and their covered dependents and beneficiaries in the United States and the United Kingdom. Life insurance benefits are provided to certain retirees in the United States under frozen plans, which are no longer available to current employees. A September 30 measurement date is utilized to value plan assets and obligations for all of Woodward’s defined benefit pension and other postretirement benefit plans. Excluding the Woodward HRT Plan, which is only partially frozen to salaried participants, the defined benefit plans in the United States were frozen in fiscal year 2007; no additional employees may participate in the U.S. plans, and no additional service costs will be incurred. Pension Plans The actuarial assumptions used in measuring the net periodic benefit cost and plan obligations of retirement pension benefits were as follows: At September 30, 2024 2023 2022 United States: Weighted-average assumptions to determine benefit obligation: Discount rate 5.05 % 6.20 % 5.70 % Weighted-average assumptions to determine periodic benefit costs: Discount rate 6.20 5.70 3.05 Long-term rate of return on plan assets 6.03 5.53 5.00 The discount rate assumption is intended to reflect the rate at which the retirement benefits could be effectively settled based upon the assumed timing of the benefit payments. In the United States, Woodward uses a bond portfolio matching analysis based on recently traded, non-callable bonds rated AA or better that have at least $50 million outstanding to determine the benefit obligations at year end . At September 30, 2024 2023 2022 United Kingdom: Weighted-average assumptions to determine benefit obligation: Discount rate 5.28 % 5.85 % 5.35 % Rate of compensation increase 3.40 3.60 4.00 Weighted-average assumptions to determine periodic benefit costs: Discount rate - service cost 5.91 4.99 2.15 Discount rate - interest cost 5.84 5.71 1.83 Rate of compensation increase 3.60 4.00 4.00 Long-term rate of return on plan assets 4.90 4.80 3.80 At September 30, 2024 2023 2022 Japan: Weighted-average assumptions to determine benefit obligation: Discount rate 1.92 % 2.01 % 1.60 % Rate of compensation increase 3.00 2.00 2.00 Weighted-average assumptions to determine periodic benefit costs: Discount rate - service cost 2.20 1.78 1.13 Discount rate - interest cost 1.58 1.17 0.65 Rate of compensation increase 2.00 2.00 2.25 Long-term rate of return on plan assets 3.25 2.75 2.00 At September 30, 2024 2023 2022 Germany: Weighted-average assumptions to determine benefit obligation: Discount rate 3.58 % 4.27 % 3.97 % Rate of compensation increase 2.50 2.50 2.50 Weighted-average assumptions to determine periodic benefit costs: Discount rate - service cost 4.23 3.95 1.54 Discount rate - interest cost 4.29 3.91 1.06 Rate of compensation increase 2.50 2.50 2.50 In the United Kingdom, Germany, and Japan, Woodward uses a high-quality corporate bond yield curve matched with separate cash flows to develop a single rate to determine the single rate equivalent to settle the entire benefit obligations in each jurisdiction. For the fiscal years ended September 30, 2024 and 2023, the discount rate used to determine periodic service cost and interest cost components of the overall benefit costs was based on spot rates derived from the same high-quality corporate bond yield curve used to determine the September 30, 2023 and 2022 benefit obligation, respectively, matched with separate cash flows for each future year . Compensation increase assumptions, where applicable, are based upon historical experience and anticipated future management actions. In determining the long-term rate of return on plan assets, Woodward assumes that the historical long-term compound growth rates of equity and fixed-income securities will predict the future returns of similar investments in the plan portfolio. Investment management and other fees paid out of the plan assets are factored into the determination of asset return assumptions. Mortality assumptions are based on published mortality studies developed primarily based on past experience of the broad population and modified for projected longevity trends. The projected benefit obligations in the United States as of September 30, 2024 and September 30, 2023 were based on the Society of Actuaries (“SOA”) Pri-2012 Mortality Tables Report using the SOA’s Mortality Improvement Scale MP-2019 (“MP-2019”) and projected forward using a custom projection scale based on MP-2019 with a 5 -year convergence period and a long-term rate of 0.75 %. As of September 30, 2024 and September 30, 2023 , mortality assumptions in Japan were based on the Standard rates 2020, and mortality assumptions for the United Kingdom pension scheme were based on the self-administered pension scheme (“SAPS”) S3 “all” tables with a projected 1.5 % annual improvement rate. As of September 30, 2024 and September 30, 2023, mortality assumptions in Germany were based on the Heubeck 2018 G mortality tables. Net periodic benefit costs consist of the following components reflected as expense in Woodward’s Consolidated Statement of Earnings: Year Ended September 30, United States Other Countries Total 2024 2023 2022 2024 2023 2022 2024 2023 2022 Service cost $ 775 $ 893 $ 1,554 $ 1,244 $ 1,333 $ 2,339 $ 2,019 $ 2,226 $ 3,893 Interest cost 7,598 7,297 5,281 3,213 3,137 1,612 10,811 10,434 6,893 Expected return on plan assets ( 9,084 ) ( 8,297 ) ( 10,853 ) ( 2,406 ) ( 2,300 ) ( 2,434 ) ( 11,490 ) ( 10,597 ) ( 13,287 ) Amortization of: Net loss (gain) 226 292 259 ( 679 ) ( 620 ) 555 ( 453 ) ( 328 ) 814 Net prior service cost 698 698 981 23 22 23 721 720 1,004 Net periodic cost (benefit) $ 213 $ 883 $ ( 2,778 ) $ 1,395 $ 1,572 $ 2,095 $ 1,608 $ 2,455 $ ( 683 ) The following tables provide a reconciliation of the changes in the projected benefit obligation and fair value of assets for the defined benefit pension plans: At or for the Year Ended September 30, United States Other Countries Total 2024 2023 2024 2023 2024 2023 Changes in projected benefit obligation: Projected benefit obligation at beginning of year $ 127,222 $ 132,444 $ 67,263 $ 65,477 $ 194,485 $ 197,921 Plan amendment 1,121 — — — 1,121 — Service cost 775 893 1,244 1,333 2,019 2,226 Interest cost 7,598 7,297 3,213 3,137 10,811 10,434 Net actuarial losses (gains) 13,249 ( 4,946 ) 4,128 ( 4,442 ) 17,377 ( 9,388 ) Contribution by participants — — 12 11 12 11 Benefits paid ( 9,010 ) ( 8,466 ) ( 3,647 ) ( 3,365 ) ( 12,657 ) ( 11,831 ) Foreign currency exchange rate changes — — 5,134 5,112 5,134 5,112 Projected benefit obligation at end of year $ 140,955 $ 127,222 $ 77,347 $ 67,263 $ 218,302 $ 194,485 Changes in fair value of plan assets: Fair value of plan assets at beginning of year $ 155,370 $ 154,481 $ 50,775 $ 47,579 $ 206,145 $ 202,060 Actual return on plan assets 33,382 9,355 3,866 573 37,248 9,928 Contributions by the Company 175 — 1,863 2,322 2,038 2,322 Contributions by plan participants — — 12 11 12 11 Benefits paid ( 9,010 ) ( 8,466 ) ( 3,647 ) ( 3,365 ) ( 12,657 ) ( 11,831 ) Foreign currency exchange rate changes — — 4,607 3,655 4,607 3,655 Fair value of plan assets at end of year $ 179,917 $ 155,370 $ 57,476 $ 50,775 $ 237,393 $ 206,145 Net over/(under) funded status at end of year $ 38,962 $ 28,148 $ ( 19,871 ) $ ( 16,488 ) $ 19,091 $ 11,660 At September 30, 2024, the Company’s defined benefit pension plans in the United Kingdom, Japan, and Germany represented $ 34,220 , $ 6,747 , and $ 36,380 of the total projected benefit obligation, respectively. At September 30, 2024, the United Kingdom and Japan pension plan assets represented $ 48,098 and $ 9,378 of the total fair value of all plan assets, respectively. The German pension plans are unfunded and have no plan assets. The largest contributor to the net actuarial losses affecting the funded status for the defined benefit pension plans in the United States, United Kingdom, Japan, and Germany is due to a decrease in the discount rates. The accumulated benefit obligations of the Company’s defined benefit pension plans at September 30, 2024 was $ 140,955 in the United States, $ 33,766 in the United Kingdom, $ 5,958 in Japan, and $ 36,380 in Germany, and at September 30, 2023 was $ 127,222 in the United States, $ 30,067 in the United Kingdom, $ 5,790 in Japan, and $ 30,547 in Germany. Plans with accumulated Plans with accumulated At September 30, At September 30, 2024 2023 2024 2023 Projected benefit obligation $ ( 56,783 ) $ ( 49,726 ) $ ( 161,519 ) $ ( 144,759 ) Accumulated benefit obligation ( 56,757 ) ( 49,711 ) ( 160,302 ) ( 143,914 ) Fair value of plan assets 20,053 18,047 217,340 188,098 The following tables provide the amounts recognized in the Consolidated Balance Sheets and accumulated other comprehensive (earnings) losses for the defined benefit pension plans: Year Ended September 30, United States Other Countries Total 2024 2023 2024 2023 2024 2023 Amounts recognized in the Consolidated Balance Sheets consist of: Other non-current assets $ 39,148 $ 29,172 $ 16,673 $ 14,167 $ 55,821 $ 43,339 Accrued liabilities — — ( 1,166 ) ( 1,084 ) ( 1,166 ) ( 1,084 ) Other non-current liabilities ( 186 ) ( 1,024 ) ( 35,378 ) ( 29,571 ) ( 35,564 ) ( 30,595 ) Net over/(under) funded status at end of year $ 38,962 $ 28,148 $ ( 19,871 ) $ ( 16,488 ) $ 19,091 $ 11,660 Amounts recognized in accumulated other Unrecognized net prior service cost $ 3,200 $ 2,777 $ 509 $ 487 $ 3,709 $ 3,264 Unrecognized net losses (gains) ( 2,749 ) 8,527 ( 4,655 ) ( 7,847 ) ( 7,404 ) 680 Total amounts recognized 451 11,304 ( 4,146 ) ( 7,360 ) ( 3,695 ) 3,944 Deferred taxes ( 3,499 ) ( 6,101 ) ( 191 ) 808 ( 3,690 ) ( 5,293 ) Amounts recognized in accumulated other comprehensive (earnings) losses $ ( 3,048 ) $ 5,203 $ ( 4,337 ) $ ( 6,552 ) $ ( 7,385 ) $ ( 1,349 ) The following table reconciles the changes in accumulated other comprehensive (earnings) losses for the defined benefit pension plans: Year Ended September 30, United States Other Countries Total 2024 2023 2024 2023 2024 2023 Beginning of year $ 11,304 $ 18,297 $ ( 7,360 ) $ ( 4,997 ) $ 3,944 $ 13,300 Net (gain) loss ( 11,050 ) ( 6,003 ) 2,668 ( 2,716 ) ( 8,382 ) ( 8,719 ) Prior service cost 1,121 — — — 1,121 — Amortization of: Net (loss) gain ( 226 ) ( 292 ) 679 620 453 328 Prior service cost ( 698 ) ( 698 ) ( 23 ) ( 22 ) ( 721 ) ( 720 ) Foreign currency exchange rate changes — — ( 110 ) ( 245 ) ( 110 ) ( 245 ) End of year $ 451 $ 11,304 $ ( 4,146 ) $ ( 7,360 ) $ ( 3,695 ) $ 3,944 Pension benefit payments are made from the assets of the pension plans. The German pension plans are unfunded; therefore, benefit payments are made from Company contributions into these plans as required to meet the payment obligations. Using foreign exchange rates as of September 30, 2024 and expected future service assumptions, it is anticipated that the future benefit payments will be as follows: Year Ending September 30, United States Other Total 2025 $ 9,637 $ 3,553 $ 13,190 2026 9,997 3,656 13,653 2027 10,253 3,768 14,021 2028 10,481 4,047 14,528 2029 10,655 4,097 14,752 2030-2034 53,308 24,350 77,658 Woodward expects its pension plan contributions in fiscal year 2025 will be $ 277 in the United Kingdom, $ 147 in Japan, and $ 1,185 in Germany. Woodward expects to have no pension plan contributions in fiscal year 2025 in the United States. Pension plan assets The overall investment objective of the pension plan assets is to earn a rate of return over time which, when combined with Company contributions, satisfies the benefit obligations of the pension plans and maintains sufficient liquidity to pay benefits. As the timing and nature of the plan obligations varies for each Company sponsored pension plan, investment strategies have been individually designed for each pension plan with a common focus on maintaining diversified investment portfolios that provide for long-term growth while minimizing the risk to principal associated with short-term market behavior. The strategy for each of the plans balances the requirements to generate returns, using investments expected to produce higher returns, such as equity securities, with the need to control risk within the pension plans using less volatile investment assets, such as debt securities. A strategy of more equity-oriented allocation is adopted for those plans which have a longer-term investment plan based on the timing of the associated benefit obligations. Risks associated with the plan assets include interest rate fluctuation risk, market fluctuation risk, risk of default by debt issuers, and liquidity risk. To manage these risks, the assets are managed by established, professional investment firms and performance is evaluated regularly by the Company’s investment committee against specific benchmarks and each plan’s investment objectives. Liability management and asset class diversification are central to the Company’s risk management approach and overall investment strategy. The assets of the U.S. plans are invested in actively managed mutual funds. The assets of the plans in the United Kingdom and Japan are invested in actively managed pooled investment funds. Each individual mutual fund or pooled investment fund has been selected based on the investment strategy of the related plan, which mirrors a specific asset class within the associated target allocation. The plans in Germany are unfunded and have no plan assets. Pension plan assets at September 30, 2024 and 2023 do not include any direct investment in Woodward’s common stock. The asset allocations are monitored and rebalanced regularly by investment managers assigned to the individual pension plans. The actual allocations of pension plan assets and target allocation ranges by asset class, are as follows: At September 30, 2024 2023 Percentage of Plan Target Allocation Percentage of Plan Target Allocation United States: Asset Class Equity Securities 30.5 % 2.3 % — 51.1 % 31.9 % 2.3 % — 51.2 % Debt Securities 67.6 % 58.9 % — 96.7 % 66.6 % 58.8 % — 96.5 % Other 1.9 % 0.0 % 1.5 % 0.0 % 100.0 % 100.0 % United Kingdom: Asset Class Equity Securities 0.0 % 0.0 % 20.7 % 10.0 % — 30.0 % Debt Securities 95.8 % 90.0 % — 100.0 % 79.2 % 70.0 % — 90.0 % Other 4.2 % 0.0 % — 10.0 % 0.1 % 0.0 % 100.0 % 100.0 % Japan: Asset Class Equity Securities 39.7 % 36.0 % — 44.0 % 40.0 % 36.0 % — 44.0 % Debt Securities 59.4 % 55.0 % — 63.0 % 60.0 % 55.0 % — 63.0 % Other 0.9 % 0.0 % — 2.0 % 0.0 % 0.0 % — 2.0 % 100.0 % 100.0 % Actual allocations to each asset class can vary from target allocations due to periodic market value fluctuations, investment strategy changes, and the timing of benefit payments and contributions. The following tables present Woodward’s pension plan assets using the fair value hierarchy established by U.S. GAAP: At September 30, 2024 Level 1 Level 2 Level 3 United Other United Other United Other Total Asset Category: Cash and cash equivalents $ 3,370 $ 2,130 $ — $ — $ — $ — $ 5,500 Mutual funds: U.S. corporate bond fund 121,581 — — — — — 121,581 U.S. equity large cap fund 33,454 — — — — — 33,454 International equity large cap growth fund 21,512 — — — — — 21,512 Pooled funds: Japanese equity securities — — — 1,939 — — 1,939 International equity securities — — — 1,786 — — 1,786 Japanese fixed income securities — — — 4,157 — — 4,157 International fixed income securities — — — 1,409 — — 1,409 Index linked U.K. corporate bonds fund — — — 17,085 — — 17,085 Index linked U.K. government securities fund — — — 12,049 — — 12,049 Index linked U.K. long-term government securities fund — — — 14,924 — — 14,924 Index U.K long-term government securities fund — — — 1,997 — — 1,997 Total assets $ 179,917 $ 2,130 $ — $ 55,346 $ — $ — $ 237,393 At September 30, 2023 Level 1 Level 2 Level 3 United Other United Other United Other Total Asset Category: Cash and cash equivalents $ 2,385 $ 149 $ — $ — $ — $ — $ 2,534 Mutual funds: U.S. corporate bond fund 103,401 — — — — — 103,401 U.S. equity large cap fund 31,136 — — — — — 31,136 International equity large cap growth fund 18,448 — — — — — 18,448 Pooled funds: Japanese equity securities — — — 1,830 — — 1,830 International equity securities — — — 1,600 — — 1,600 Japanese fixed income securities — — — 3,785 — — 3,785 International fixed income securities — — — 1,287 — — 1,287 Global target return equity/bond fund — — — 8,719 — — 8,719 Index linked U.K. corporate bonds fund — — — 14,319 — — 14,319 Index linked U.K. government securities fund — — — 14,601 — — 14,601 Index linked U.K. long-term government securities fund — — — 4,485 — — 4,485 Total assets $ 155,370 $ 149 $ — $ 50,626 $ — $ — $ 206,145 Cash and cash equivalents : Cash and cash equivalents held by the Company’s pension plans are held on deposit with creditworthy financial institutions. The fair value of the cash and cash equivalents are based on the quoted market price of the respective currency in which the cash is maintained. Pension assets invested in mutual funds : The assets of the Company’s U.S. pension plans are invested in various mutual funds which invest in both equity and debt securities. The fair value of the mutual funds is determined based on the quoted market price of each fund. Pension assets invested in pooled funds : The assets of the Company’s Japan and United Kingdom pension plans are invested in pooled investment funds, which include both equity and debt securities. The assets of the United Kingdom pension plan are invested in index-linked pooled funds which aim to replicate the movements of an underlying market index to which the fund is linked. Fair value of the pooled funds is based on the net asset value of shares held by the plan as reported by the fund sponsors. All pooled funds held by plans outside of the United States are considered to be invested in international equity and debt securities. Although the underlying securities may be largely domestic to the plan holding the investment assets, the underlying assets are considered international from the perspective of the Company. There were no transfers into or out of Level 3 assets in fiscal years 2024 or 2023. Other postretirement benefit plans Woodward provides other postretirement benefits to its employees including postretirement medical benefits and life insurance benefits. Postretirement medical benefits are provided to certain current and retired employees and their covered dependents and beneficiaries in the United States. Benefits include the option to elect company provided medical insurance coverage to age 65 and a Medicare supplemental plan after age 65 . Life insurance benefits are also provided to certain retirees in the United States under frozen plans which are no longer available to current employees. A September 30 measurement date is utilized to value plan assets and obligations for Woodward’s other postretirement benefit plans. The postretirement medical benefit plans, other than the plan assumed in an acquisition in fiscal year 2009, were frozen in fiscal year 2006, and no additional employees may participate in the plans. Generally, employees who had attained age 55 and had rendered 10 or more years of service before the plans were frozen were eligible for these postretirement medical benefits. Certain participating retirees are required to contribute to the plans in order to maintain coverage. The plans provide postretirement medical benefits for approximately 3 retired employees and their covered dependents and beneficiaries and may provide future benefits to 347 active employees and their covered dependents and beneficiaries, upon retirement, if the employees elect to participate. All the postretirement medical plans are fully insured for retirees who have attained age 65 . The actuarial assumptions used in measuring the net periodic benefit cost and plan obligations of postretirement benefits were as follows: At September 30, 2024 2023 2022 Weighted-average discount rate used to determine benefit obligation 5.00 % 6.25 % 5.70 % Weighted-average discount rate used to determine net periodic benefit cost 6.25 5.70 2.80 The discount rate assumption is intended to reflect the rate at which the postretirement benefits could be effectively settled based upon the assumed timing of the benefit payments. Woodward used a bond portfolio matching analysis based on recently traded, non-callable bonds rated AA or better that have at least $50 million outstanding to determine the benefit obligations at year end . Mortality assumptions are based on published mortality studies developed primarily based on past experience of the broad population and modified for projected longevity trends. The projected benefit obligations in the United States as of September 30, 2024 and September 30, 2023 were based on the SOA Pri-2012 Mortality Tables Report using the SOA’s MP-2019 and projected forward using a custom projection scale based on MP-2019 with a 5 -year convergence period and a long-term rate of 0.75 %. Assumed healthcare cost trend rates at September 30, were as follows: 2024 2023 Health care cost trend rate assumed for next year 6.00 % 6.00 % Rate to which the cost trend rate is assumed to decline (the ultimate trend rate) 5.00 % 5.00 % Year that the rate reaches the ultimate trend rate 2030 2030 Net periodic benefit costs consist of the following components reflected as expense in Woodward’s Consolidated Statements of Earnings: Year Ended September 30, 2024 2023 2022 Service cost $ — $ 1 $ 1 Interest cost 902 904 577 Amortization of: Net gain ( 555 ) ( 495 ) ( 94 ) Net periodic cost $ 347 $ 410 $ 484 The following table provides a reconciliation of the changes in the accumulated postretirement benefit obligation and fair value of assets for the postretirement benefits: Year Ended September 30, 2024 2023 Changes in accumulated postretirement benefit obligation: Accumulated postretirement benefit obligation at beginning of year $ 15,336 $ 16,797 Service cost — 1 Interest cost 902 904 Premiums paid by plan participants 834 873 Net actuarial loss (gain) 597 ( 682 ) Benefits paid ( 2,466 ) ( 2,557 ) Accumulated postretirement benefit obligation at end of year $ 15,203 $ 15,336 Changes in fair value of plan assets: Fair value of plan assets at beginning of year $ — $ — Contributions by the company 1,632 1,684 Premiums paid by plan participants 834 873 Benefits paid ( 2,466 ) ( 2,557 ) Fair value of plan assets at end of year $ — $ — Funded status at end of year $ ( 15,203 ) $ ( 15,336 ) The following tables provide the amounts recognized in the Consolidated Balance Sheets and accumulated other comprehensive (earnings) losses for the postretirement plans: Year Ended September 30, 2024 2023 Amounts recognized in Consolidated Balance Sheets consist of: Accrued liabilities $ ( 1,668 ) $ ( 1,739 ) Other non-current liabilities ( 13,535 ) ( 13,597 ) Funded status at end of year $ ( 15,203 ) $ ( 15,336 ) Amounts recognized in accumulated other comprehensive income consist of: Unrecognized net prior service cost (benefit) $ — $ — Unrecognized net gains ( 5,260 ) ( 6,412 ) Total amounts recognized ( 5,260 ) ( 6,412 ) Deferred taxes 1,009 1,292 Amounts recognized in accumulated other comprehensive (earnings) $ ( 4,251 ) $ ( 5,120 ) Woodward pays plan benefits from its general funds; therefore, there are no segregated plan assets as of September 30, 2024 or September 30, 2023. The accumulated benefit obligations of the Company’s postretirement plans were $ 15,203 at September 30, 2024 and $ 15,336 at September 30, 2023. The largest contributor to the actuarial loss affecting the Company’s postretirement plans accumulated benefit obligations was a decrease in the discount rate. The following table reconciles the changes in accumulated other comprehensive (earnings) losses for the other postretirement benefit plans: Year Ended September 30, 2024 2023 Beginning of year $ ( 6,412 ) $ ( 6,225 ) Net loss (gain) 597 ( 682 ) Amortization of: Net gain 555 495 End of year $ ( 5,260 ) $ ( 6,412 ) Using expected future service, it is anticipated that the future Company contributions to pay benefits for other postretirement benefit plans, excluding participate contributions, will be as follows: Year Ending September 30, 2025 $ 2,519 2026 2,447 2027 2,357 2028 2,267 2029 2,171 2030-2034 9,101

Stockholders' Equity

Stockholders' Equity	12 Months Ended
Stockholders' Equity	Sep. 30, 2024
Equity [Abstract]
Stockholders' Equity	Note 21. Stockholders’ equity Common stock and treasury stock Activity in common stock and treasury stock shares are as follows: Common Stock Treasury Stock Treasury stock held for deferred compensation Balances as of September 30, 2021 72,960 ( 9,702 ) ( 167 ) Purchase of treasury stock — ( 4,123 ) — Sales of treasury stock — 468 — Common shares issued for benefit plans — 150 — Purchases of stock by deferred compensation — — ( 3 ) Distribution of stock from deferred compensation — — 31 Balances as of September 30, 2022 72,960 ( 13,207 ) ( 139 ) Balances as of September 30, 2022 72,960 ( 13,207 ) ( 139 ) Purchase of treasury stock — ( 1,060 ) — Sales of treasury stock — 1,009 — Common shares issued for benefit plans — 188 — Purchases of stock by deferred compensation — — ( 2 ) Distribution of stock from deferred compensation — — 86 Balances as of September 30, 2023 72,960 ( 13,070 ) ( 55 ) Balances as of September 30, 2023 72,960 ( 13,070 ) ( 55 ) Purchase of treasury stock — ( 2,236 ) — Sales of treasury stock — 1,360 — Common shares issued for benefit plans — 159 — Purchases of stock by deferred compensation — — ( 1 ) Distribution of stock from deferred compensation — — 11 Balances as of September 30, 2024 72,960 ( 13,787 ) ( 45 ) Stock repurchase program In November 2019, the Board had authorized a program for the repurchase of up to $ 500,000 of Woodward’s outstanding shares of common stock on the open market or in privately negotiated transactions over a three-year period that was scheduled to expire in November 2022 (the “2019 Authorization”). During fiscal year 2022, we repurchased 233 shares of our common stock for $ 26,742 under the 2019 Authorization. In January 2022, the Board terminated the 2019 Authorization and concurrently authorized a program for the repurchase of up to $ 800,000 of Woodward’s outstanding shares of common stock on the open market or in privately negotiated transactions over a two-year period ending in January 2024 (the “2022 Authorization”). During fiscal year 2023, we repurchased 1,060 shares of our common stock for $ 126,380 under the 2022 Authorization, as compared to 3,890 shares of our common stock for $ 446,042 under the 2022 Authorization during fiscal year 2022. In January 2024, the Board terminated the 2022 Authorization, which was nearing expiration, and concurrently authorized a new program for the repurchase of up to $ 600,000 of Woodward's outstanding shares of common stock on the open market or in privately negotiated transactions over a three-year period ending in January 2027 (the "2024 Authorization"). During fiscal year 2024, we repurchased 2,236 shares of our common stock for $ 390,819 under the 2024 Authorization. Stock-based compensation Provisions governing non-qualified stock option awards, restricted stock units ("RSUs"), and performance restricted stock units ("PSUs") are included in the 2017 Omnibus Incentive Plan, as amended from time to time (the “2017 Plan”) and with respect to outstanding stock options awarded in or prior to fiscal year 2016, the 2006 Omnibus Incentive Plan (the “2006 Plan”). The 2017 Plan was approved by Woodward’s stockholders in January 2017 and is a successor plan to the 2006 Plan. As of September 14, 2016, the effective date of the 2017 Plan, the Board delegated authority to administer the 2017 Plan to the Human Capital & Compensation Committee of the Board, including, but not limited to, the power to determine the recipients of awards and the terms of those awards. Stock options Stock option awards are granted with an exercise price equal to the market price of Woodward's stock at the date the grants are awarded, a ten-year term, and generally have a four-year vesting schedule at a rate of 25 % per year. The fair value of options granted is estimated as of the grant date using the Black-Scholes-Merton option-valuation model using the assumptions in the following table. Woodward calculates the expected term, which represents the average period of time that stock options granted are expected to be outstanding, based upon historical experience of plan participants. Expected volatility is based on historical volatility using daily stock price observations. The estimated dividend yield is based upon Woodward’s historical dividend practice and the market value of its common stock. The risk-free rate is based on the U.S. treasury yield curve, for periods within the contractual life of the stock option, at the time of grant. Year Ended September 30, 2024 2023 2022 Weighted-average exercise price per share $ 137.36 $ 84.84 $ 115.3 Expected term (years) 6.6 - 8.7 6.6 - 8.8 6.6 - 8.7 Estimated volatility 35.0 % - 37.6 % 34.7 % - 37.6 % 33.8 % - 36.4 % Estimated dividend yield 0.7 % - 0.7 % 0.7 % - 0.9 % 0.6 % - 0.8 % Risk-free interest rate 4.2 % - 4.4 % 3.4 % - 4.4 % 1.1 % - 3.5 % The weighted average grant date fair value of options granted follows: Year Ended September 30, 2024 2023 2022 Weighted-average grant date fair value of options $ 58.34 $ 34.19 $ 41.78 The following is a summary of the activity for stock option awards during the fiscal year ended September 30, 2024: Number of options Weighted- Balance at September 30, 2023 4,842 $ 80.48 Granted 87 137.36 Exercised ( 1,340 ) 69.23 Forfeited ( 11 ) 96.82 Balance at September 30, 2024 3,578 $ 86.03 Changes in non-vested stock options during the fiscal year ended September 30, 2024 were as follows: Number of options Weighted- Balance at September 30, 2023 1,393 $ 33.96 Granted 87 58.34 Vested ( 572 ) 32.36 Forfeited ( 10 ) 37.76 Balance at September 30, 2024 898 $ 37.30 Information about stock options that have vested, or are expected to vest, and are exercisable at September 30, 2024 was as follows: Number of options Weighted- Weighted- Aggregate Options outstanding 3,578 $ 86.03 5.3 $ 305,872 Options vested and exercisable 2,680 82.14 4.5 239,541 Options vested and expected to vest 3,557 85.91 5.2 304,515 Other information follows: Year Ended September 30, 2024 2023 2022 Total fair value of stock options vested $ 18,527 $ 24,388 $ 18,945 Total intrinsic value of options exercised 115,198 67,203 32,709 Cash received from exercises of stock options 89,875 50,749 21,897 Excess tax benefit realized from exercise of stock options 17,939 12,595 6,472 Restricted stock units The Company generally grants RSUs to eligible employees under its form RSU agreement for employees (the “Standard Form RSU Agreement”). RSUs granted under the Standard Form RSU Agreement prior to November 14, 2023, generally have a four-year vesting schedule at a rate of 25 % per year, and RSUs granted after November 14, 2023 have a three-year vesting schedule at a rate of 33.3 % per year, in each case generally subject to continued employment. The fair value of RSUs granted are estimated using the closing price of the Company’s stock on the grant date. The Company has also granted RSUs to certain employees under its form attraction and retention RSU agreement (the “Form Attraction and Retention RSU Agreement”), which has from time to time been used for new hires and specific retention purposes. RSUs granted under the Form Attraction and Retention RSU Agreement are generally scheduled to fully vest on the third or fourth anniversary of the respective grant dates, and in each case, subject to continued employment. A summary of the activity for RSUs: Number of units Weighted-Average Grant Date Fair Value Balance at September 30, 2023 177 $ 93.46 Granted 178 139.04 Vested ( 30 ) 88.97 Forfeited ( 7 ) 149.02 Balance at September 30, 2024 318 $ 118.19 Performance restricted stock units In November 2023, the Company granted PSUs to certain eligible employees under the form PSU agreement that generally will vest subject to a market condition and a service condition through the performance period. The market condition associated with the awards is based on the Company's relative total shareholder return ("TSR") compared to the TSR generated by the other companies that comprise the S&P 400 Midcap Index over a three-year performance period. Performance at target will result in vesting and issuance of the number of PSUs granted, equal to 100 % payout. Performance below or above target can result in an issuance of between 0 % - 150 % of the target number of PSUs granted. Expense is recognized based on the weighted average grant date fair value on a straight line basis over the service period, irrespective as to whether the market condition is achieved. The fair value of the PSUs for the November 2023 grant was determined based upon a Monte Carlo valuation method. The assumptions used in the Monte Carlo method to value the PSUs granted, which includes the grant date fair value outcome from the Monte Carlo method, were as follows: September 30, 2024 Expected volatility 30.2 % Risk free interest rate 4.5 % Expected life 3 years Grant date fair value $ 146.47 The PSUs granted receive dividend equivalent units; therefore, no discount was applied for Woodward’s dividends. A summary of the activity for PSUs: Number of units Weighted-Average Grant Date Fair Value Beginning balance — $ — Granted 66 146.47 Forfeited ( 4 ) 146.47 Ending balance 62 $ 146.47 Stock-based compensation expense Woodward recognizes stock-based compensation expense on a straight-line basis over the requisite service period. Pursuant to the form agreements used by the Company, with terms approved by the administrator of the applicable plan, the requisite service period can be less than the four-year vesting period based on grantee’s retirement eligibility. As such, the recognition of stock-based compensation expense associated with some grants can be accelerated to a period of less than four years, including immediate recognition of stock-based compensation expense on the date of grant. Stock-based compensation expense recognized was as follows: Year Ended September 30, 2024 2023 2022 Employee stock-based compensation expense $ 33,052 $ 23,958 $ 20,109 In connection with an executive separation and release agreement entered into by the Company, Woodward recognized an additional $ 1,682 and $ 1,265 of stock-based compensation expense, before tax, during fiscal year 2024 and fiscal year 2023, respectively. At September 30, 2024 , there was approximately $ 26,694 of total unrecognized compensation expense related to non-vested stock-based compensation arrangements, including stock option s, restricted stock, and performance stock awards. The pre-vesting forfeiture rates for purposes of determining stock-base d compensation expense recognized were estimated to be 0.0 % for members of Woodward’s Board and 7.4 % for all others. The remaining unrecognized compensation cost is expected to be recognized over a weighted-average period of approximately 1.79 years.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
Commitments and Contingencies	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 22. Commitments and contingencies Woodward enters into unconditional purchase obligation arrangements (i.e., issuance of purchase orders, obligations to transfer funds in the future for fixed or minimum quantities of goods or services at fixed or minimum prices, such as "take-or-pay" contracts) in the normal course of business to ensure that adequate levels of sourced product are available to Woodward. Future minimum unconditional purchase obligations are as follows: Year Ending September 30: 2025 $ 676,009 2026 179,213 2027 70,212 2028 1,542 2029 5 Thereafter 88 Total $ 927,069 The U.S. Government, and other governments, may terminate any of Woodward’s government contracts (and, in general, subcontracts) at their convenience, as well as for default based on specified performance measurements. If any of Woodward’s government contracts were to be terminated for convenience, the Company generally would be entitled to receive payment for work completed and allowable termination or cancellation costs. If any of Woodward’s government contracts were to be terminated for Woodward’s default, the U.S. Government generally would pay only for the work accepted and could require Woodward to pay the difference between the original contract price and the cost to re-procure the contract items, net of the work accepted from the original contract. The U.S. Government could also hold Woodward liable for damages resulting from the default. Woodward is currently involved in claims, pending or threatened litigation or other legal proceedings, investigations, and/or regulatory proceedings arising in the normal course of business, including, among others, those relating to product liability claims, employment matters, worker’s compensation claims, contractual disputes, product warranty claims, and alleged violations of various laws and regulations. Woodward accrues for known individual matters using estimates of the most likely amount of loss where it believes that it is probable the matter will result in a loss when ultimately resolved and such loss is reasonably estimable. Legal costs are expensed as incurred and are classified in “Selling, general, and administrative expenses” on the Consolidated Statements of Earnings. Woodward is partially self-insured in the United States for healthcare and worker’s compensation up to predetermined amounts, above which third party insurance applies. Management regularly reviews the probable outcome of related claims and proceedings, the expenses expected to be incurred, the availability and limits of the insurance coverage, and the established accruals for liabilities. While the outcome of pending claims, legal and regulatory proceedings, and investigations cannot be predicted with certainty, management believes that any liabilities that may result from these claims, proceedings, and investigations will not have a material effect on Woodward’s liquidity, financial condition, or results of operations. In the event of a change in control of Woodward, as defined in change-in-control agreements with its current corporate officers, Woodward may be required to pay termination benefits to any such officer if such officer’s employment is terminated within two years following the change of control.

Segment Information

Segment Information	12 Months Ended
Segment Information	Sep. 30, 2024
Segment Reporting [Abstract]
Segment Information	Note 23. Segment information Woodward serves the aerospace and industrial markets through its two reportable segments - Aerospace and Industrial. When appropriate, Woodward’s reportable segments are aggregations of Woodward’s operating segments. Woodward uses operating segment information internally to manage its business, including the assessment of operating segment performance and decisions for the allocation of resources between operating segments. The accounting policies of the reportable segments are the same as those of the Company. Woodward evaluates segment profit or loss based on internal performance measures for each segment in a given period. In connection with that assessment, Woodward generally excludes matters such as certain charges for restructuring, interest income and expense, certain gains and losses from asset dispositions, or other non-recurring and/or non-operationally related expenses. A summary of consolidated net sales and earnings by segment follows: Year Ended September 30, 2024 2023 2022 Segment external net sales: Aerospace $ 2,028,618 $ 1,768,103 $ 1,519,322 Industrial 1,295,631 1,146,463 863,468 Total consolidated net sales $ 3,324,249 $ 2,914,566 $ 2,382,790 Segment earnings: Aerospace $ 385,360 $ 290,104 $ 230,933 Industrial 229,857 161,622 82,788 Nonsegment expenses ( 119,745 ) ( 130,811 ) ( 81,092 ) Interest Expense, net ( 41,501 ) ( 45,147 ) ( 32,731 ) Consolidated earnings before income taxes $ 453,971 $ 275,768 $ 199,898 Segment assets consist of accounts receivable, inventories, property, plant, and equipment, net, goodwill, and other intangibles, net. A summary of consolidated total assets, consolidated depreciation and amortization, and consolidated capital expenditures follows: Year Ended September 30, 2024 2023 2022 Segment assets: Aerospace $ 1,936,507 $ 1,829,410 $ 1,773,854 Industrial 1,509,495 1,490,341 1,380,446 Unallocated corporate property, plant and equipment, net 120,946 104,962 111,760 Other unallocated assets 801,967 585,490 540,386 Consolidated total assets $ 4,368,915 $ 4,010,203 $ 3,806,446 Segment depreciation and amortization: Aerospace $ 55,305 $ 59,880 $ 60,176 Industrial 49,779 51,167 50,584 Unallocated corporate amounts 11,086 8,696 9,868 Consolidated depreciation and amortization $ 116,170 $ 119,743 $ 120,628 Segment capital expenditures: Aerospace $ 55,989 $ 56,913 $ 23,253 Industrial 41,930 21,855 12,399 Unallocated corporate amounts ( 1,639 ) ( 2,268 ) 17,216 Consolidated capital expenditures $ 96,280 $ 76,500 $ 52,868 We had no customers who accounted for approximately 10% or more of our consolidated net sales for the fiscal year ended September 30, 2024. RTX Corporation was our largest customer during the fiscal year ended September 30, 2024. All sales were made by Woodward’s Aerospace segment and totaled approximately 9 % of net sales in fiscal year 2024 , 10 % of net sales in fiscal year 2023 , and 11 % of net sales in fiscal year 2022. Accounts receivable from RTX Corporation totaled approximately 6 % of accounts receivable at September 30, 2024 and 4 % of accounts receivable at September 30, 2023. U.S. Government related sales from Woodward’s reportable segments were as follows: Direct U.S. Indirect U.S. Total U.S. Fiscal year ended September 30, 2024 Aerospace $ 107,978 $ 443,370 $ 551,348 Industrial 9,039 10,273 19,312 Total net external sales $ 117,017 $ 453,643 $ 570,660 Percentage of total net sales 3 % 14 % 17 % Fiscal year ended September 30, 2023 Aerospace $ 99,848 $ 363,835 $ 463,683 Industrial 7,524 14,840 22,364 Total net external sales $ 107,372 $ 378,675 $ 486,047 Percentage of total net sales 4 % 13 % 17 % Fiscal year ended September 30, 2022 Aerospace $ 93,266 $ 433,646 $ 526,912 Industrial 4,759 6,052 10,811 Total net external sales $ 98,025 $ 439,698 $ 537,723 Percentage of total net sales 4 % 19 % 23 %

Subsequent Events

Subsequent Events	12 Months Ended
Subsequent Events	Sep. 30, 2024
Subsequent Events [Abstract]
Subsequent Events	Note 24. Subsequent events On November 15, 2024, Woodward entered into an agreement to sell the Industrial heavy duty gas turbine combustion parts product line located in Greenville, South Carolina to GE Vernova, subject to customary purchase price adjustments. The agreement for the sale of the product line is expected to result in a gain and close later in fiscal year 2025.

Operations and Summary of Sig_2

Operations and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Basis of presentation	Basis of presentation The Consolidated Financial Statements are prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and include the accounts of Woodward, Inc. and its subsidiaries (collectively “Woodward” or “the Company”).
Nature of operations	Nature of operations Woodward is an independent designer, manufacturer, and service provider of energy control and optimization solutions. Woodward designs, produces, and services reliable, efficient, low-emission, and high-performance energy control products for diverse applications in challenging environments. Woodward has significant production and assembly facilities primarily in the United States, Europe, and Asia, and promotes its products and services through its worldwide locations. Woodward’s strategic focus is providing energy control and optimization solutions for the aerospace and industrial markets. The precise and efficient control of energy, including motion, fluid, combustion, and electrical energy, is a growing requirement in the markets Woodward serves. Woodward’s customers look to it to optimize the efficiency, emissions, and operation of power equipment in both commercial and defense operations. Woodward’s core technologies leverage well across its markets and customer applications, enabling it to develop and integrate cost-effective and state-of-the-art fuel, combustion, fluid, actuation, and electronic systems. Woodward focuses its solutions and services primarily on serving original equipment manufacturers (“OEMs”) and equipment packagers, partnering with them to bring superior component and system solutions to their demanding applications. Woodward also provides aftermarket repair, maintenance, replacement, and other service support for its installed products. Woodward’s components and integrated systems optimize performance of commercial aircraft, defense aircraft, military ground vehicles and other equipment, gas and steam turbines, industrial diesel, gas, biodiesel and dual-fuel reciprocating engines, and electrical power systems. Woodward’s innovative motion, fluid, combustion, and electrical energy control systems help its customers offer more cost-effective, cleaner, and more reliable equipment.
Principles of consolidation	Principles of consolidation: These Consolidated Financial Statements are prepared in accordance with U.S. GAAP and include the accounts of Woodward and its wholly and majority-owned subsidiaries. Transactions within and between these companies are eliminated.
Use of estimates	Use of estimates: The preparation of the Consolidated Financial Statements requires management to make use of estimates and assumptions that affect the reported amount of assets and liabilities, at the date of the financial statements and the reported revenues and expenses recognized during the reporting period, and certain financial statement disclosures. Significant estimates include allowances for uncollectible amounts, net realizable value of inventories, customer rebates earned, useful lives of property and identifiable intangible assets, the evaluation of impairments of property, identifiable intangible assets and goodwill, the provision for income tax and related valuation reserves, the valuation of assets and liabilities acquired in business combinations, assumptions used in the determination of the funded status and annual expense of pension and postretirement employee benefit plans, the valuation of stock compensation instruments granted to employees, and contingencies. Actual results could differ from those estimates.
Foreign currency exchange rates	Foreign currency exchange rates: The assets and liabilities of substantially all subsidiaries outside the United States are translated at fiscal year-end rates of exchange, and earnings and cash flow statements are translated at weighted-average rates of exchange. The exchange rate in effect at the time of the cash flow is used for significant or infrequent cash flows, such as payments for a business acquisition, for which the use of weighted-average rates of exchange would result in a substantially different cash flow. Translation adjustments are accumulated with other comprehensive (losses) earnings as a separate component of stockholders’ equity and are presented net of tax effects in the Consolidated Statements of Stockholders’ Equity. The effects of changes in foreign currency exchange rates on loans between consolidated subsidiaries that are considered permanent in nature are also accumulated with other comprehensive earnings, net of tax. The Company is exposed to market risks related to fluctuations in foreign currency exchange rates because some sales transactions, and certain assets and liabilities of its domestic and foreign subsidiaries, are denominated in foreign currencies. Selling, general, and administrative expenses include a net foreign currency loss of $ 8,369 in fiscal year 2024, a net foreign currency loss of $ 1,020 in fiscal year 2023, and a net foreign currency gain of $ 1,450 in fiscal year 2022 .
Revenue recognition	Revenue recognition: Revenue is recognized on contracts with customers for arrangements in which quantities and pricing are fixed and/or determinable and are generally based on customer purchase orders, often within the framework of a long-term supply arrangement with the customer. Woodward has determined that it is the principal in its sales transactions, as Woodward is primarily responsible for fulfilling the promised performance obligations, has discretion to establish the selling price, and generally assumes the inventory risk. Woodward recognizes revenue for performance obligations within a customer contract when control of the associated product or service is transferred to the customer. Some of Woodward’s contracts with customers contain a single performance obligation, while other contracts contain multiple performance obligations. Each product within a contract generally represents a separate performance obligation as Woodward does not provide significant installation and integration services, the products do not customize each other, and the products can function independently of each other. A contract's transaction price is allocated to each performance obligation and recognized as revenue when, or as, the customer obtains control of the associated product or service. When there are multiple performance obligations within a contract, Woodward generally uses the observable standalone sales price for each distinct product or service within the contract to allocate the transaction price to the distinct products or services. In instances when a standalone sales price for each product or service is not observable within the contract, Woodward allocates the transaction price to each performance obligation using an estimate of the standalone selling price for each product or service, which is generally based on incurred costs plus a reasonable margin, for each distinct product or service in the contract. When determining the transaction price of each contract, Woodward considers contractual consideration payable by the customer and variable consideration that may affect the total transaction price. Variable consideration, consisting of early payment discounts, rebates, and other sources of price variability, are included in the estimated transaction price based on both customer-specific information as well as historical experience. Customers sometimes trade in used products in exchange for new or refurbished products. In addition, Woodward’s customers sometimes provide inventory to Woodward which will be integrated into final products sold to those customers. Woodward obtains control of these exchanged products and customer provided inventory, and therefore, both are forms of noncash consideration. Noncash consideration paid by customers on overall sales transactions is additive to the transaction price. Woodward’s net sales and cost of goods sold include the value of such noncash consideration for the same amount, with no resulting impact to earnings before income taxes. Upon receipt of such inventory, Woodward recognizes an inventory asset and a contract liability.
Point in time and over time revenue recognition	Point in time and over time revenue recognition: Control of the products generally transfers to the customer at a point in time, if the customer does not control the products as they are produced. Performance obligations are satisfied and revenue is recognized over time if: (i) the customer receives the benefits as Woodward performs work, if the customer controls the asset as it is being enhanced, or if the product being produced for the customer has no alternative use to Woodward; and (ii) Woodward has an enforceable right to payment with a profit. For products being produced for the customer that have no alternative use to Woodward and Woodward has an enforceable right to payment with a profit, and where the products are substantially the same and have the same pattern of transfer to the customer, revenue is recognized as a series of distinct products. As Woodward satisfies MRO performance obligations, revenue is recognized over time, as the customer, rather than Woodward, controls the asset being enhanced. When services are provided, revenue from those services is recognized over time because control is transferred continuously to customers as Woodward performs the work. For services that are not short-term in nature, MRO, and sales of products that have no alternative use to Woodward and an enforceable right to payment with a profit, Woodward uses an actual cost input measure to determine the extent of progress towards completion of the performance obligation. For these revenue streams, revenue is recognized over time as work is performed based on the relationship between actual costs incurred to-date for each contract and the total estimated costs for such contract at completion of the performance obligation (the cost-to-cost method). Woodward has concluded that this measure of progress best depicts the transfer of assets to the customer because incurred costs are integral to Woodward’s completion of the performance obligation under the specific customer contract and correlate directly to the transfer of control to the customer. Contract costs include labor, material, and overhead. Contract cost estimates are based on various assumptions to project the outcome of future events. These assumptions include labor productivity, and availability; the complexity of the work to be performed; the cost and availability of materials; the performance of subcontractors; and the availability and timing of funding from the customer. Revenues, including estimated fees or profits, are recorded proportionally as costs are incurred. If at any time the estimate of contract profitability indicates an anticipated loss on the contract, Woodward recognizes provisions for estimated losses on uncompleted contracts in the period in which such losses are determined. In situations where the creditworthiness of a customer becomes in doubt, Woodward ceases to recognize the over-time revenue on the associated customer contract. Occasionally, Woodward sells maintenance or service arrangements, extended warranties, or other stand ready services. Woodward recognizes revenue from such arrangements as a series of performance obligations over the time period in which the services are available to the customer.
Material rights and costs to fulfill a contract	Material rights and costs to fulfill a contract : Customers sometimes pay consideration to Woodward for product engineering and development activities that do not result in the immediate transfer of distinct products or services to the customer. There is an implicit assumption that without the customer making such advance payments to Woodward, Woodward’s future sales of products or services to the customer would be at a higher selling price; therefore, such payments create a “material right” to the customer that effectively gives the customer an option to acquire future products or services, at a discount, that are dependent upon the product engineering and development. Material rights are recorded as contract liabilities and will be recognized when control of the related products or services are transferred to the customer. Woodward capitalizes costs of product engineering and development identified as material rights up to the amount of customer funding as costs to fulfill a contract are incurred because the costs incurred up to the amount of the customer funding commitment are recoverable. Due to the uncertainty of the product success and/or demand, fulfillment costs in excess of the customer funding are expensed as incurred. Woodward recognizes the deferred material rights as revenue based on a percentage of actual sales to total estimated lifetime sales of the related developed products as the customers exercise their option to acquire additional products or services at a discount. Woodward amortizes the capitalized costs to fulfill a contract as cost of goods sold proportionally to the recognition of the associated deferred material rights. Estimated total lifetime sales are reviewed at least annually and more frequently when circumstances warrant a modification to the previous estimate. Woodward does not capitalize incremental costs of obtaining a contract, as Woodward does not pay sales commissions or incur other incremental costs related to contracts with Woodward’s customers for arrangements in which quantities and pricing are fixed and/or determinable.
Contract Liabilities	Contract liabilities: Advance payments and billings in excess of revenue recognized represent contract liabilities and are recorded as deferred revenues when customers remit contractual cash payments in advance of Woodward satisfying performance obligations under contractual arrangements, including those with performance obligations satisfied over time. Woodward generally receives advance payments from customers related to maintenance or service arrangements, extended warranties, or other stand ready services, which it recognizes over the performance period. Contract liabilities are satisfied when revenue is recognized and the performance obligation is satisfied. Advance payments and billings in excess of revenue recognized are included in deferred revenue, which is classified as current or noncurrent based on the timing of when Woodward expects to recognize revenue.
Customer Payments	Customer payments : Woodward occasionally agrees to make payments to certain customers in order to participate in anticipated sales activity. Payments made to customers are accounted for as a reduction of revenue unless they are made in exchange for identifiable goods or services with fair values that can be reasonably estimated. Reductions in revenue associated with these customer payments are recognized immediately to the extent that the payments cannot be attributed to anticipated future sales, and are recognized in future periods to the extent that the payments relate to anticipated future sales. Such determinations are based on the facts and circumstances underlying each payment.
Purchase Accounting	Purchase accounting : Business combinations are accounted for using the purchase method of accounting. Under this method, assets and liabilities, including intangible assets, are recorded at their fair values as of the acquisition date. Acquisition costs in excess of amounts assigned to assets acquired and liabilities assumed are recorded as goodwill. Transaction-related costs associated with business combinations are expensed as incurred.
Stock-based compensation	Stock-based compensation: Compensation cost relating to stock-based payment awards made to employees and directors is recognized in the financial statements using a fair value method. Non-qualified stock option awards, restricted stock units, and performance restricted stock units are issued under Woodward’s stock-based compensation plans. The cost of such awards, measured at the grant date, is based on the estimated fair value of the award. Forfeitures are estimated at the time of each grant in order to estimate the portion of the award that will ultimately vest. The estimate is based on Woodward’s historical rates of forfeitures and is updated periodically. The portion of the award that is ultimately expected to vest is recognized as expense over the requisite service periods, which is generally the vesting period of the awards.
Research and development costs	Research and development costs: Company funded expenditures related to new product development and significant product enhancement and/or upgrade activities are expensed as incurred and are separately reported in the Consolidated Statements of Earnings.
Income taxes	Income taxes: Deferred income taxes are provided for the temporary differences between the financial reporting basis and the tax basis of Woodward’s assets, liabilities, and certain unrecognized gains and losses recorded in accumulated other comprehensive (losses) earnings. Woodward provides for taxes that may be payable if undistributed earnings of overseas subsidiaries were to be remitted to the United States, except for those earnings that it considers to be indefinitely invested.
Cash equivalents	Cash equivalents: Highly liquid investments purchased with an original maturity of three months or less are considered to be cash equivalents.
Accounts receivable	Accounts receivable: Almost all of Woodward’s sales are made on credit and result in accounts receivable, which are recorded at the amount invoiced and are generally not collateralized. In the normal course of business, not all accounts receivable are collected and, therefore, an allowance for uncollectible amounts is provided equal to the amount that Woodward believes ultimately will not be collected, either from credit risk or other adjustments to the original selling price or anticipated cash discounts. In establishing the amount of the allowance related to the credit risk of accounts receivable, customer-specific information is considered related to delinquent accounts, past loss experience, bankruptcy filings, deterioration in the customer’s operating results or financial position, current and forecasted economic conditions, and other relevant factors. Bad debt losses are deducted from the allowance, and the related accounts receivable balances are written off when the receivables are deemed uncollectible. Recoveries of accounts receivable previously written off are recognized when received. The allowance associated with anticipated other adjustments to the selling price or cash discounts is also established and is included in the allowance for uncollectible amounts. In establishing this amount, both customer-specific information as well as historical experience is considered. In coordination with its customers and when terms are considered favorable to Woodward, Woodward from time-to-time transfers ownership to collect amounts due to Woodward for outstanding accounts receivable to third parties in exchange for cash. When the transfer of accounts receivable meets the criteria of Financial Accounting Standards Board (“FASB”) ASC Topic 860-10, “Transfers and Servicing,” and are without recourse, it is recognized as a sale and the accounts receivable is derecognized, resulting in an increase of approximately $ 1,398 in cash provided by operating activities during fiscal year 2024 , compared to an increase in cash provided by operating activities of approximately $ 26,273 during fiscal year 2023. Unbilled receivables (contract assets) arise when the timing of billing differs from the timing of revenue recognized, such as when contract provisions require revenue to be recognized over time rather than at a point in time. Unbilled receivables primarily relate to performance obligations satisfied over time when the cost-to-cost method is utilized and the revenue recognized exceeds the amount billed to the customer as there is not yet a right to payment in accordance with contractual terms. Unbilled receivables are recorded as a contract asset when the revenue associated with the contract is recognized prior to billing and derecognized when billed in accordance with the terms of the contract. For composition of accounts receivable, see Note 3, Revenue.
Inventories	Inventories: Inventories are valued at the lower of cost or net realizable value, with cost being determined using methods that approximate a first-in, first-out basis.
Short-term investments	Short-term investments: From time to time, certain of Woodward’s foreign subsidiaries will invest excess cash in short-term time deposits with a fixed maturity date of longer than three months but less than one year from the date of the deposit. Woodward believes that the investments are with creditworthy financial institutions. Amounts with maturities of less than 365 days are classified as “Other current assets.”
Property, plant and equipment	Property, plant, and equipment: Property, plant, and equipment are recorded at cost and are depreciated over the estimated useful lives of the assets. Assets are generally depreciated using the straight-line method. Assets are tested for recoverability whenever events or circumstances indicate the carrying value may not be recoverable. Estimated lives over which fixed assets are generally depreciated at September 30, 2024 were as follows: Land improvements 10 – 20 years Buildings and improvements 10 – 40 years Leasehold improvements 1 – 10 years Machinery and production equipment 3 – 25 years Computer equipment and software 3 – 10 years Office furniture and equipment 3 – 15 years Other 3 – 5 years Included in computer equipment and software are Woodward’s enterprise resource planning (“ERP”) systems, which have an estimated useful life of 15 years. All other computer equipment and software is generally depreciated over three years to five years .
Leases	Leases: Right-of-use (“ROU”) assets and lease liabilities are recognized at the lease commencement date based on the estimated present value of the remaining fixed lease payments over the lease term. In determining the estimated present value of lease payments, Woodward discounts the fixed lease payments using the rate implicit in the agreement or, if the implicit rate is not known, using the incremental borrowing rate. Woodward’s incremental borrowing rate is based on the information available at the lease commencement date, with consideration given to Woodward’s recent debt issuances as well as publicly available data for instruments with similar characteristics. For operating leases, lease expense is recognized over the expected lease term and classified as a cost of goods sold or selling, general, and administrative expense based on the nature of the underlying leased asset. For finance leases, the ROU asset is recognized over the shorter of the useful life of the asset, consistent with Woodward’s normal depreciation policy, or the lease term, and is classified as a cost of goods sold, selling, general, and administrative expense, or research and development expense, based on the nature and use of the underlying leased asset. Certain of Woodward’s operating lease agreements include variable payments that are passed through by the landlord, such as insurance, taxes, and common area maintenance, payments based on the usage of the asset, and rental payments adjusted periodically for inflation. Pass-through charges, payments due to changes in usage of the asset, and payments due to changes in indexation are included within variable rent expense and are recognized in the period in which the variable obligation for the payments was incurred.
Goodwill	Goodwill: Woodward tests goodwill for impairment at the reporting unit level on an annual basis and more often if an event occurs or circumstances change that indicates the fair value of a reporting unit may be below its carrying amount. Based on the relevant U.S. GAAP authoritative guidance, Woodward aggregates components of a single operating segment into a reporting unit, if appropriate. The impairment test consists of comparing the implied fair value of each reporting unit with its carrying amount that includes goodwill. If the carrying amount of the reporting unit exceeds its implied fair value, Woodward compares the implied fair value of goodwill with the recorded carrying amount of goodwill. If the carrying amount of goodwill exceeds the implied fair value of goodwill, an impairment loss would be recognized to reduce the carrying amount to its implied fair value. Based on the results of Woodward’s annual goodwill impairment testing, no impairment charges were recorded in the year ended September 30, 2024, 2023, or 2022 or since the goodwill was originally recorded.
Other intangibles	Other intangibles: Other intangibles are recognized apart from goodwill whenever an acquired intangible asset arises from contractual or other legal rights, or whenever it is capable of being separated or divided from the acquired entity and sold, transferred, licensed, rented, or exchanged, either individually or in combination with a related contract, asset, or liability. Woodward amortizes the cost of other intangibles over their useful lives unless such lives are deemed indefinite. The cost of finite-lived other intangibles are amortized over their respective useful life using patterns that reflect the periods over which the economic benefits of the assets are expected to be realized. Amortization expense is allocated to cost of goods sold and selling, general, and administrative expenses based on the nature of the intangible asset. Finite-lived other intangible assets are reviewed for impairment whenever an event occurs or circumstances change indicating that the related carrying amount of the other intangible asset may not be recoverable. Impairment losses are recognized if the carrying amount of an intangible is both not recoverable and exceeds its fair value. Woodward has recorded no impairment charges related to its other intangibles in the year ended September 30, 2024, 2023, or 2022. Estimated lives over which intangible assets are amortized at September 30, 2024 were as follows: Customer relationships and contracts 11 – 30 years Intellectual property 17 years Process technology 10 – 30 years Other 1 year Woodward has one indefinitely lived intangible asset consisting of the Woodward L’Orange trade name. The Woodward L’Orange trade name intangible asset is tested for impairment on an annual basis and more often if an event occurs or circumstances change that indicate the fair value of the Woodward L’Orange intangible asset may be below its carrying amount. The impairment test consists of comparing the fair value of the Woodward L’Orange trade name intangible asset, determined using discounted cash flows, with its carrying amount. If the carrying amount of the Woodward L’Orange intangible asset exceeds its fair value, an impairment loss would be recognized to reduce the carrying amount to its fair value. Woodward has not recorded any impairment charges against the L'Orange trade name intangible asset since it was acquired.
Impairment of long-lived assets	Impairment of long-lived assets: Woodward reviews the carrying amount of its long-lived assets or asset groups to be used in operations whenever events or changes in circumstances indicate that the carrying amount of the assets might not be recoverable. Factors that would necessitate an impairment assessment include a significant adverse change in the extent or manner in which an asset is used, a significant adverse change in legal factors or the business climate that could affect the value of the asset, or a significant decline in the observable market value of an asset, among others. If such facts indicate a potential impairment, the Company would assess the recoverability of an asset group by determining if the carrying amount of the asset group exceeds the sum of the projected undiscounted cash flows expected to result from the use and eventual disposition of the assets over the remaining economic life of the primary asset in the asset group. If the recoverability test indicates that the carrying amount of the asset group is not recoverable, the Company will estimate the fair value of the asset group using appropriate valuation methodologies, which would typically include an estimate of discounted cash flows. Any impairment would be measured as the difference between the asset group’s carrying amount and its estimated fair value.
Investments in marketable equity securities	Investment in marketable equity securities: Woodward holds marketable equity securities related to its deferred compensation program. Based on Woodward’s intentions regarding these instruments, marketable equity securities are classified as trading securities. The trading securities are reported at fair value, with realized gains and losses recognized in “Other (income) expense, net.” The trading securities are included in “Other assets.” The associated obligation to provide benefits under the deferred compensation program is included in “Other liabilities.”
Investments in unconsolidated subsidiaries	Investments in unconsolidated subsidiaries: Investments in, and operating results of, entities in which Woodward does not have a controlling financial interest or the ability to exercise significant influence over the operations are included in the financial statements using the cost method of accounting. Investments and operating results of entities in which Woodward does not have a controlling interest but does have the ability to exercise significant influence over operations are included in the financial statements using the equity method of accounting.
Deferred compensation	Deferred compensation: The Company maintains a deferred compensation plan, or “rabbi trust,” as part of its overall compensation package for certain employees. Deferred compensation obligations will be settled either by delivery of a fixed number of shares of Woodward’s common stock (in accordance with certain eligible members’ irrevocable elections) or in cash. Woodward has contributed shares of its common stock into a trust established for the future settlement of deferred compensation obligations that are payable in shares of Woodward’s common stock. Common stock held by the trust is reflected in the Consolidated Balance Sheets as “Treasury stock held for deferred compensation” and the related deferred compensation obligation is reflected as a separate component of equity in amounts equal to the fair value of the common stock at the dates of contribution. These accounts are not adjusted for subsequent changes in the fair value of the common stock. Deferred compensation obligations that will be settled in cash are accounted for on an accrual basis in accordance with the terms of the underlying contract and are reflected in the Consolidated Balance Sheet as “Other liabilities.”
Financial instruments	Financial instruments: The Company’s financial instruments include cash and cash equivalents, short-term investments, investments in the deferred compensation program, notes receivable from municipalities, investments in term deposits, cross-currency interest rate swaps, and debt. Because of their short-term maturity, the carrying amount of cash and cash equivalents and short-term debt approximate fair value. Financial assets and liabilities recorded at fair value in the Consolidated Balance Sheets are categorized based upon a fair value hierarchy established by U.S. GAAP, which prioritizes the inputs used to measure fair value into the following levels: Level 1: Inputs based on quoted market prices in active markets for identical assets or liabilities at the measurement date. Level 2: Quoted prices included in Level 1, such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets and liabilities in markets that are not active; or other inputs that are observable and can be corroborated by observable market data. Level 3: Inputs reflect management’s best estimates and assumptions of what market participants would use in pricing the asset or liability at the measurement date. The inputs are unobservable in the market and significant to the valuation of the instruments. Further information on the fair value of financial instruments can be found at Note 7, Financial instruments and fair value measurements .
Derivatives	Derivatives: The Company is exposed to various global market risks, including the effect of changes in interest rates, foreign currency exchange rates, changes in certain commodity prices, and fluctuations in various producer indices. From time to time, Woodward enters into derivative instruments for risk management purposes only, including derivatives designated as accounting hedges and/or those utilized as economic hedges. Woodward uses interest rate related derivative instruments to manage its exposure to fluctuations of interest rates. Woodward does not enter into or issue derivatives for trading or speculative purposes. By using derivative and/or hedging instruments to manage its risk exposure, Woodward is subject, from time to time, to credit risk and market risk on those derivative instruments. Credit risk arises from the potential failure of the counterparty to perform under the terms of the derivative and/or hedging instrument. When the fair value of a derivative contract is positive, the counterparty owes Woodward, which creates credit risk for Woodward. Woodward mitigates this credit risk by entering into transactions only with counterparties that are believed to be creditworthy. Market risk arises from the potential adverse effects on the value of derivative and/or hedging instruments that result from a change in interest rates, commodity prices, or foreign currency exchange rates. Woodward minimizes this market risk by establishing and monitoring parameters that limit the types and degree of market risk that may be undertaken. From time to time, in order to hedge against foreign currency exposure, Woodward designates certain non-derivative financial instrument loans as net investment hedges. Foreign exchange gains or losses on these loans are recognized in foreign currency translation adjustments within total comprehensive (losses) earnings. Also, to hedge against the foreign currency exposure attributable to non-functional currency denominated intercompany loans, Woodward has entered into derivative instruments in fair value hedging relationships and cash flow hedging relationships. Further information on net investment hedges and derivative instruments in fair value and cash flow hedging relationships, including the Company’s policy in accounting for these derivatives, can be found at Note 8, Derivative instruments and hedging activities .
Postretirement benefits	Postretirement benefits: The Company provides various benefits to certain current and former employees through defined benefit pension and postretirement plans. For financial reporting purposes, net periodic benefits expense and related obligations are calculated using a number of significant actuarial assumptions. Changes in net periodic expense and funding status may occur in the future due to changes in these assumptions. The funded status of defined pension and postretirement plans recognized in the statement of financial position is measured as the difference between the fair market value of the plan assets and the benefit obligation. For a defined benefit pension plan, the benefit obligation is the projected benefit obligation; for any other defined benefit postretirement plan, such as a retiree health care plan, the benefit obligation is the accumulated benefit obligation. Any over-funded status is recognized as an asset and any underfunded status is recognized as a liability. Projected benefit obligation is the actuarial present value as of the measurement date of all benefits attributed by the plan benefit formula to employee service rendered before the measurement date using assumptions as to future compensation levels if the plan benefit formula is based on those future compensation levels. The accumulated benefit obligation is the actuarial present value of benefits (whether vested or unvested) attributed by the plan benefit formula to employee service rendered before the measurement date and based on employee service and compensation, if applicable, prior to that date. The accumulated benefit obligation differs from the projected benefit obligation in that it includes no assumption about future compensation levels.

Operations and Summary of Sig_3

Operations and Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Sep. 30, 2024
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Schedule of Property, Plant and Equipment Useful Lives	Estimated lives over which fixed assets are generally depreciated at September 30, 2024 were as follows: Land improvements 10 – 20 years Buildings and improvements 10 – 40 years Leasehold improvements 1 – 10 years Machinery and production equipment 3 – 25 years Computer equipment and software 3 – 10 years Office furniture and equipment 3 – 15 years Other 3 – 5 years
Schedule of Finite-Lived Intangible Assets Useful Lives	Estimated lives over which intangible assets are amortized at September 30, 2024 were as follows: Customer relationships and contracts 11 – 30 years Intellectual property 17 years Process technology 10 – 30 years Other 1 year

Revenue (Tables)

Revenue (Tables)	12 Months Ended
Revenue (Tables)	Sep. 30, 2024
Revenue from Contract with Customer [Abstract]
Revenue Derived from Product Sales	Year Ended September 30, 2024 2023 2022 Manufactured products 83 % 84 % 84 % MRO 15 % 14 % 14 % Services 2 % 2 % 2 %
Schedule of Revenue Recognition Time	The amount of revenue recognized as point in time or over time follows: For the Year Ended September 30, 2024 2023 2022 Aerospace Industrial Consolidated Aerospace Industrial Consolidated Aerospace Industrial Consolidated Point in time $ 853,728 $ 780,794 $ 1,634,522 $ 748,278 $ 708,458 $ 1,456,736 $ 593,233 $ 509,737 $ 1,102,970 Over time 1,174,890 514,837 1,689,727 1,019,825 438,005 1,457,830 926,089 353,731 1,279,820 Total net sales $ 2,028,618 $ 1,295,631 $ 3,324,249 $ 1,768,103 $ 1,146,463 $ 2,914,566 $ 1,519,322 $ 863,468 $ 2,382,790
Summary of Amounts Recognized Related to Changes in Estimated Total Lifetime Sales for Material Rights and Costs to Fulfill Contracts With Customers	Amounts recognized related to changes in estimated total lifetime sales for material rights and costs to fulfill contracts with customers follows: Year Ended September 30, 2024 2023 2022 Revenue $ 17,154 $ 1,460 $ 1,514 Cost of goods sold 15,486 1,736 667
Summary of Amounts Recognized Related to Amortization of Costs to Fulfill Contracts and Contract Liabilities Not Related to Changes in Estimate	Amounts recognized related to amortization of costs to fulfill contracts and contract liabilities, which were not related to changes in estimate, follows: Year Ended September 30, 2024 2023 2022 Revenue $ 7,230 $ 6,741 $ 4,107 Cost of goods sold 3,112 5,559 3,077
Schedule of Accounts Receivable	Accounts receivable consisted of the following: September 30, 2024 September 30, 2023 Billed receivables Trade accounts receivable $ 455,831 $ 434,287 Other (Chinese financial institutions) 1,403 50,940 Total billed receivables 457,234 485,227 Current unbilled receivables (contract assets) 320,570 270,479 Total accounts receivable 777,804 755,706 Less: Allowance for uncollectible amounts ( 7,738 ) ( 5,847 ) Total accounts receivable, net $ 770,066 $ 749,859
Schedule of Uncollectible Amounts And Change in Expected Allowance for Credit Losses for Trade Accounts Receivable and Unbilled Receivables	The allowance for uncollectible amounts and change in expected credit losses for trade accounts receivable and unbilled receivables (contract assets) consisted of the following: Year Ended September 30, 2024 2023 2022 Balance, beginning $ 5,847 $ 3,922 $ 3,664 Changes in estimates 3,219 7,211 447 Write-offs ( 586 ) ( 5,305 ) ( 46 ) Other 1 ( 742 ) 19 ( 143 ) Balance, ending $ 7,738 $ 5,847 $ 3,922 (1) Includes effects of foreign exchange rate changes during the period.
Schedule of Contract Liability	Contract liabilities consisted of the following: September 30, 2024 September 30, 2023 Current Noncurrent Current Noncurrent Deferred revenue from material rights from JV formation $ 6,580 $ 232,164 $ 6,147 $ 233,997 Deferred revenue from advanced invoicing and/or prepayments from customers 23,706 6,437 6,868 2,196 Liability related to customer supplied inventory 20,563 — 14,543 — Deferred revenue from material rights related to engineering and development funding 5,942 186,008 6,190 178,464 Net contract liabilities $ 56,791 $ 424,609 $ 33,748 $ 414,657
Schedule of Revenue Recognized Related to Noncash Consideration	The amount of revenue recognized related to noncash consideration received from customers follows: For the Year Ended September 30, 2024 2023 2022 Aerospace $ 61,323 $ 50,329 $ 63,358 Industrial 4,974 1,939 2,343 Consolidated $ 66,297 $ 52,268 $ 65,701
Schedule of Disaggregation of Revenue	Revenue by primary market for the Aerospace reportable segment was as follows: Year Ended September 30, 2024 2023 2022 Commercial OEM $ 738,394 $ 651,275 $ 499,438 Commercial aftermarket 640,823 547,625 420,881 Defense OEM 406,810 368,653 422,016 Defense aftermarket 242,591 200,550 176,987 Total Aerospace segment net sales $ 2,028,618 $ 1,768,103 $ 1,519,322 Revenue by primary market for the Industrial reportable segment was as follows: Year Ended September 30, 2024 2023 2022 Power generation $ 423,872 $ 382,536 $ 317,026 Transportation 642,174 527,498 354,682 Oil and gas 229,585 236,429 191,760 Total Industrial segment net sales $ 1,295,631 $ 1,146,463 $ 863,468 The customers who account for approximately 10% or more of net sales of each of Woodward’s reportable segments are as follows: For the Year Ended September 30, 2024 2023 Aerospace RTX Corporation, The Boeing Company RTX Corporation, GE, The Boeing Company Industrial Weichai Power, Rolls-Royce PLC Rolls-Royce PLC, Caterpillar Inc., Weichai Power Net sales by geographic area, as determined based on the location of the customer, were as follows: Year Ended September 30, 2024 2023 2022 Aerospace Industrial Consolidated Aerospace Industrial Consolidated Aerospace Industrial Consolidated United States $ 1,404,223 $ 294,033 $ 1,698,256 $ 1,254,954 $ 283,121 $ 1,538,075 $ 1,105,860 $ 205,740 $ 1,311,600 Germany 72,583 196,775 269,358 80,450 193,392 273,842 57,840 174,216 232,056 Europe, excluding Germany 202,421 297,517 499,938 163,222 273,757 436,979 128,719 234,795 363,514 China 96,136 293,908 390,044 56,773 186,713 243,486 49,407 86,972 136,379 Asia, excluding China 59,103 163,603 222,706 37,107 162,922 200,029 23,334 128,855 152,189 Other countries 194,152 49,795 243,947 175,597 46,558 222,155 154,162 32,890 187,052 Total net sales $ 2,028,618 $ 1,295,631 $ 3,324,249 $ 1,768,103 $ 1,146,463 $ 2,914,566 $ 1,519,322 $ 863,468 $ 2,382,790

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
Earnings Per Share (Tables)	Sep. 30, 2024
Earnings Per Share [Abstract]
Reconciliation of Net Earnings to Net Earnings Per Share Basic and Diluted	The following is a reconciliation of net earnings to basic earnings per share and diluted earnings per share: Year Ended September 30, 2024 2023 2022 Numerator: Net earnings $ 372,971 $ 232,368 $ 171,698 Denominator: Basic shares outstanding 60,076 59,908 61,517 Dilutive effect of stock options; restricted and performance stock units 2,008 1,574 1,737 Diluted shares outstanding 62,084 61,482 63,254 Income per common share: Basic earnings per share $ 6.21 $ 3.88 $ 2.79 Diluted earnings per share $ 6.01 $ 3.78 $ 2.71
Anti-dilutive Stock Options Excluded from Computation of Earnings Per Share	The following stock option grants were outstanding but were excluded from the computation of diluted earnings per share because their inclusion would have been anti-dilutive: Year Ended September 30, 2024 2023 2022 Options 63 561 1,019 Weighted-average option price $ 135.26 $ 114.88 $ 110.71
Schedule of Treasury Stock Shares Held for Deferred Compensation Included in Basic and Diluted Shares Outstanding	The weighted-average shares of common stock outstanding for basic and diluted earnings per share included the weighted-average treasury stock shares held for deferred compensation obligations of the following: Year Ended September 30, 2024 2023 2022 Weighted-average treasury stock shares held for deferred compensation obligations 51 88 151

Leases (Tables)

Leases (Tables)	12 Months Ended
Leases (Tables)	Sep. 30, 2024
Leases [Abstract]
Lease-Related Assets and Liabilities	Lease-related assets and liabilities follows: Classification on the Consolidated Balance Sheets September 30, 2024 September 30, 2023 Assets: Operating lease assets Other assets $ 27,135 $ 24,680 Finance lease assets Property, plant, and equipment, net 2,516 3,337 Total lease assets 29,651 28,017 Current liabilities: Operating lease liabilities Accrued liabilities 5,029 4,594 Finance lease liabilities Current portion of long-term debt 719 817 Noncurrent liabilities: Operating lease liabilities Other liabilities 22,670 20,685 Finance lease liabilities L ong-term debt, less current portion 2,017 2,733 Total lease liabilities $ 30,435 $ 28,829
Supplemental Lease-Related Information	Supplemental lease-related information follows: September 30, 2024 September 30, 2023 Weighted average remaining lease term Operating leases 8.1 years 8.6 years Finance leases 3.8 years 4.6 years Weighted average discount rate Operating leases 4.4 % 4.0 % Finance leases 4.6 % 4.6 %
Lease-Related Expenses	Lease-related expenses were as follows: Year Ended September 30, 2024 2023 2022 Operating lease expense $ 6,804 $ 6,213 $ 6,335 Amortization of financing lease assets 820 914 454 Interest on financing lease liabilities 138 157 51 Variable lease expense 1,299 917 929 Short-term lease expense 164 196 190 Sublease income 1 — — ( 192 ) Total lease expense $ 9,225 $ 8,397 $ 7,767 (1) Relates to two separate subleases Woodward has entered into for a leased manufacturing building in Niles, Illinois, each of which expired during fiscal year 2022.
Lease-Related Supplemental Cash Flow Information	Lease-related supplemental cash flow information was as follows: Year Ended September 30, 2024 2023 2022 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for operating leases $ 5,375 $ 5,151 $ 5,303 Operating cash flows for finance leases 138 157 51 Financing cash flows for finance leases 818 779 796 Right-of-use assets obtained in exchange for recorded lease obligations: Operating leases 6,117 2,230 14,678 Finance leases — 48 4,046
Maturities of Lease Liabilities	Maturities of lease liabilities were as follows: Year Ending September 30: Operating Leases Finance Leases 2025 $ 5,997 $ 823 2026 5,255 824 2027 4,338 822 2028 3,962 234 2029 3,219 182 Thereafter 10,241 75 Total lease payments 33,012 2,960 Less: imputed interest ( 5,313 ) ( 224 ) Total lease obligations $ 27,699 $ 2,736
Property, Plant and Equipment Leased to Others through Embedded Leasing Arrangements	The carrying amount of property, plant, and equipment leased to others through embedded leasing arrangements, included in “Property, plant, and equipment, net” at the Consolidated Balance Sheets, was as follows: September 30, 2024 September 30, 2023 Property, plant, and equipment $ 48,495 $ 45,766 Less accumulated depreciation ( 32,994 ) ( 28,128 ) Property, plant, and equipment, net $ 15,501 $ 17,638

Joint Venture (Tables)

Joint Venture (Tables)	12 Months Ended
Joint Venture (Tables)	Sep. 30, 2024
Equity Method Investments and Joint Ventures [Abstract]
Unamortized Deferred Revenue from JV	Unamortized deferred revenue from material rights in connection with the JV formation included: September 30, 2024 September 30, 2023 Accrued liabilities $ 6,580 $ 6,147 Other liabilities 232,164 233,997
Other Income Related JV	Other income related to Woodward’s equity interest in the earnings of the JV was as follows: For the Year Ended September 30, 2024 2023 2022 Other income $ 41,191 $ 36,846 $ 18,193
Cash Distribution from JV	Cash distributions to Woodward from the JV, recognized in net cash provided by operating activities on the Consolidated Statements of Cash Flows, include: Year Ended September 30, 2024 2023 2022 Cash distributions $ 38,000 $ 29,000 $ 17,000
Net Sales to the JV	Net sales to the JV were as follows: For the Year Ended September 30, 2024 2023 2022 Net sales 1 $ 80,708 $ 47,607 $ 28,100 (1) Net sales include a reduction of $ 63,794 for the fiscal year ended September 30, 2024, $ 49,624 for the fiscal year ended September 30, 2023, and $ 28,054 for the fiscal year ended September 30, 2022 related to royalties owed to the JV by Woodward on sales by Woodward directly to third party aftermarket customers.
Accounts Receivable, Accounts Payable, and Other Assets Related to JV	The Consolidated Balance Sheets include “Accounts receivable” related to amounts the JV owed Woodward, “Accounts payable” related to amounts Woodward owed the JV, and “Other assets” related to Woodward’s net investment in the JV, as follows: September 30, 2024 September 30, 2023 Accounts receivable $ 5,205 $ 3,666 Accounts payable 11,378 6,276 Other assets 19,219 16,028
Contract Liabilities and Costs to Fulfill a Contract	Contract liabilities and costs to fulfill a contract was as follows: September 30, 2024 September 30, 2023 Contract liabilities $ 78,226 $ 84,059 Costs to fulfill a contract 78,226 84,059

Financial Instruments and Fai_2

Financial Instruments and Fair Value Measurements (Tables)	12 Months Ended
Financial Instruments and Fair Value Measurements (Tables)	Sep. 30, 2024
Fair Value Disclosures [Abstract]
Financial Assets and Liabilities that are Measured at Fair Value on a Recurring Basis	The table below presents information about Woodward’s financial assets and liabilities that are measured at fair value on a recurring basis and indicates the fair value hierarchy of the valuation techniques Woodward utilized to determine such fair value. At September 30, 2024 At September 30, 2023 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Financial assets: Investments in banks and financial institutions $ 23,128 $ — $ — $ 23,128 $ 28,560 $ — $ — $ 28,560 Equity securities 30,782 — — 30,782 24,913 — — 24,913 Cross-currency interest rate swaps — — — — — 5,389 — 5,389 Total financial assets $ 53,910 $ — $ — $ 53,910 $ 53,473 $ 5,389 $ — $ 58,862 Financial liabilities: Cross-currency interest rate swaps $ — $ 12,004 $ — $ 12,004 $ — $ — $ — $ — Total financial liabilities $ — $ 12,004 $ — $ 12,004 $ — $ — $ — $ —
Estimated Fair Values of Financial Instruments	The estimated fair values and carrying costs of other financial instruments that are not required to be remeasured at fair value in the Consolidated Balance Sheets were as follows At September 30, 2024 At September 30, 2023 Fair Value Estimated Carrying Estimated Carrying Assets: Notes receivable from municipalities 2 $ 6,961 $ 6,514 $ 7,794 $ 7,688 Investments in short-term time deposits 2 3,064 3,064 6,095 6,107 Liabilities: Long-term debt 2 $ 634,071 $ 656,360 $ 661,507 $ 722,671

Derivative Instruments and He_2

Derivative Instruments and Hedging Activities (Tables)	12 Months Ended
Derivative Instruments and Hedging Activities (Tables)	Sep. 30, 2024
Derivative Instruments and Hedges, Assets [Abstract]
Impact of Derivative Instruments on Earnings	The following table discloses the amount of (income) expense recognized in earnings on derivative instruments designated as qualifying hedging instruments: Year Ended September 30, Derivatives in: Location 2024 2023 2022 Cross-currency interest rate swap agreement designated as fair value hedges Selling, general and administrative expenses $ — $ 939 $ ( 2,844 ) Cross-currency interest rate swap agreements designated as cash flow hedges Selling, general and administrative expenses 23,093 32,285 ( 66,036 ) $ 23,093 $ 33,224 $ ( 68,880 ) The following table discloses the amount of (gain) loss recognized in accumulated OCI on derivative instruments designated as qualifying hedging instruments: Year Ended September 30, Derivatives in: Location 2024 2023 2022 Cross-currency interest rate swap agreement designated as fair value hedges Selling, general and administrative expenses $ — $ 875 $ ( 2,854 ) Cross-currency interest rate swap agreements designated as cash flow hedges Selling, general and administrative expenses 18,551 35,712 ( 86,194 ) $ 18,551 $ 36,587 $ ( 89,048 ) The following table discloses the amount of (gain) loss reclassified from accumulated OCI on derivative instruments designated as qualifying hedging instruments: Year Ended September 30, Derivatives in: Location 2024 2023 2022 Cross-currency interest rate swap agreement designated as fair value hedges Selling, general and administrative expenses $ — $ 939 $ ( 2,844 ) Cross-currency interest rate swap agreements designated as cash flow hedges Selling, general and administrative expenses 23,093 32,285 ( 66,036 ) $ 23,093 $ 33,224 $ ( 68,880 )

Supplemental Statement of Cas_2

Supplemental Statement of Cash Flows Information (Tables)	12 Months Ended
Supplemental Statement of Cash Flows Information (Tables)	Sep. 30, 2024
Supplemental Cash Flow Information [Abstract]
Schedule of Supplemental Statement of Cash Flows Information	Year Ended September 30, 2024 2023 2022 Interest paid $ 36,700 $ 35,306 $ 27,435 Income taxes paid 152,049 92,509 29,560 Income tax refunds received 6,521 3,661 7,481 Non-cash activities: Purchases of property, plant and equipment on account 22,056 11,276 6,452 Common shares issued from treasury to settle benefit obligations 21,889 19,466 17,132

Acquisitions (Tables)

Acquisitions (Tables)	12 Months Ended
Acquisitions (Tables)	Sep. 30, 2024
Acquisitions And Divestitures [Abstract]
Schedule of Purchase Price Consideration	The purchase price of PM Control, prepared consistent with the required ASC 805 framework, is allocated as follows: Cash paid to Sellers $ 22,890 Working capital adjustment ( 878 ) Less acquired cash and restricted cash ( 1,341 ) Plus settlement of pre-existing relationships 750 Total purchase price $ 21,421

Inventories (Tables)

Inventories (Tables)	12 Months Ended
Inventories (Tables)	Sep. 30, 2024
Inventory, Net [Abstract]
Schedule of Inventories	September 30, 2024 September 30, 2023 Raw materials $ 161,734 $ 133,699 Work in progress 147,676 127,438 Component parts (1) 376,456 327,522 Finished goods 91,787 74,594 Customer supplied inventory 20,563 14,543 On-hand inventory for which control has transferred to the customer ( 189,124 ) ( 159,953 ) $ 609,092 $ 517,843 (1) Component parts include items that can be sold separately as finished goods or included in the manufacture of other products.

Property, Plant, and Equipment

Property, Plant, and Equipment (Tables)	12 Months Ended
Property, Plant, and Equipment (Tables)	Sep. 30, 2024
Property, Plant and Equipment, Net [Abstract]
Schedule of Property Plant and Equipment, Net	September 30, 2024 September 30, 2023 Land and land improvements $ 91,105 $ 89,352 Buildings and building improvements 599,897 589,735 Leasehold improvements 22,022 21,079 Machinery and production equipment 849,595 807,244 Computer equipment and software 120,185 120,290 Office furniture and equipment 42,873 41,943 Other 33,392 20,073 Construction in progress 71,890 55,487 1,830,959 1,745,203 Less accumulated depreciation ( 890,244 ) ( 832,109 ) Property, plant, and equipment, net $ 940,715 $ 913,094
Schedule of Depreciation Expense	Woodward had depreciation expense as follows: Year Ended September 30, 2024 2023 2022 Depreciation expense $ 82,578 $ 82,154 $ 83,019

Goodwill (Tables)

Goodwill (Tables)	12 Months Ended
Goodwill (Tables)	Sep. 30, 2024
Goodwill And Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	September 30, 2023 Effects of Foreign Currency Translation September 30, 2024 Aerospace $ 455,423 $ — $ 455,423 Industrial 336,045 15,175 351,220 Consolidated $ 791,468 $ 15,175 $ 806,643 September 30, 2022 Effects of Foreign Currency Translation September 30, 2023 Aerospace $ 455,423 $ — $ 455,423 Industrial 317,136 18,909 336,045 Consolidated $ 772,559 $ 18,909 $ 791,468

Intangible Assets, Net (Tables)

Intangible Assets, Net (Tables)	12 Months Ended
Intangible Assets, Net (Tables)	Sep. 30, 2024
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Schedule of Finite-lived and Indefinite-lived Intangible Assets by Major Class	September 30, 2024 September 30, 2023 Gross Accumulated Net Gross Accumulated Net Intangible assets with finite lives: Customer relationships and contracts: Aerospace $ 281,683 $ ( 246,152 ) $ 35,531 $ 281,683 $ ( 236,143 ) $ 45,540 Industrial 399,030 ( 114,391 ) 284,639 378,804 ( 90,084 ) 288,720 Total $ 680,713 $ ( 360,543 ) $ 320,170 $ 660,487 $ ( 326,227 ) $ 334,260 Intellectual property: Aerospace $ — $ — $ — $ — $ — $ — Industrial 3,139 ( 3,139 ) — 3,139 ( 3,139 ) — Total $ 3,139 $ ( 3,139 ) $ — $ 3,139 $ ( 3,139 ) $ — Process technology: Aerospace $ 44,570 $ ( 40,346 ) $ 4,224 $ 44,570 $ ( 39,551 ) $ 5,019 Industrial 87,257 ( 35,983 ) 51,274 83,456 ( 31,709 ) 51,747 Total $ 131,827 $ ( 76,329 ) $ 55,498 $ 128,026 $ ( 71,260 ) $ 56,766 Other intangibles: Aerospace $ — $ — $ — $ — $ — $ — Industrial 592 ( 592 ) — 554 ( 524 ) 30 Total $ 592 $ ( 592 ) $ — $ 554 $ ( 524 ) $ 30 Intangible asset with indefinite life: Trade name: Aerospace $ — $ — $ — $ — $ — $ — Industrial 64,751 — 64,751 61,307 — 61,307 Total $ 64,751 $ — $ 64,751 $ 61,307 $ — $ 61,307 Total intangibles: Aerospace $ 326,253 $ ( 286,498 ) $ 39,755 $ 326,253 $ ( 275,694 ) $ 50,559 Industrial 554,769 ( 154,105 ) 400,664 527,260 ( 125,456 ) 401,804 Consolidated Total $ 881,022 $ ( 440,603 ) $ 440,419 $ 853,513 $ ( 401,150 ) $ 452,363
Schedule of Finite-Lived Intangible Assets Amortization Expense	Woodward recorded amortization expense associated with intangibles of the following: Year Ended September 30, 2024 2023 2022 Amortization expense $ 33,592 $ 37,589 $ 37,609
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	Future amortization expense associated with intangibles is expected to be: Year Ending September 30: 2025 $ 28,360 2026 28,350 2027 28,297 2028 27,704 2029 26,375 Thereafter 236,582 $ 375,668

Credit Facilities, Short-term_2

Credit Facilities, Short-term Borrowings and Long-term Debt (Tables)	12 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Short-term Borrowings and Availability Under Various Short-term Credit Facilities	As of September 30, 2024, Woodward’s short-term borrowings and availability under its various short-term credit facilities follows: Total availability Outstanding Banker acceptance notes issued Outstanding Remaining Revolving credit facility $ 1,000,000 $ ( 7,864 ) $ — $ ( 217,000 ) $ 775,136 Foreign lines of credit and overdraft facilities 25,604 ( 244 ) ( 5,589 ) — 19,771 Foreign performance guarantee facilities 97 ( 59 ) — — 38 $ 1,025,701 $ ( 8,167 ) $ ( 5,589 ) $ ( 217,000 ) $ 794,945
Schedule of Long-term Debt	September 30, 2024 September 30, 2023 Series H notes – 4.03 %, due November 15, 2023 ; unsecured $ — $ 25,000 Series I notes – 4.18 %, due November 15, 2025 ; unsecured 25,000 25,000 Series K notes – 4.03 %, due November 15, 2023 ; unsecured — 50,000 Series L notes – 4.18 %, due November 15, 2025 ; unsecured 50,000 50,000 Series M notes – 1.12 % due September 23, 2026 ; unsecured 44,656 42,280 Series N notes – 1.31 % due September 23, 2028 ; unsecured 85,963 81,390 Series O notes – 1.57 % due September 23, 2031 ; unsecured 48,005 45,451 Series P notes – 4.27 % due May 30, 2025 ; unsecured 85,000 85,000 Series Q notes – 4.35 % due May 30, 2027 ; unsecured 85,000 85,000 Series R notes – 4.41 % due May 30, 2029 ; unsecured 75,000 75,000 Series S notes – 4.46 % due May 30, 2030 ; unsecured 75,000 75,000 Series T notes – 4.61 % due May 30, 2033 ; unsecured 80,000 80,000 Finance leases (Note 5) 2,736 3,550 Unamortized debt issuance costs ( 890 ) ( 1,145 ) Total long-term debt 655,470 721,526 Less: Current portion of long-term debt 85,719 75,817 Long-term debt, less current portion $ 569,751 $ 645,709
Schedule of Future Principal Payments of Notes and Financing Leases	Required future principal payments of the Notes and financing leases as of September 30, 2024 are as follows: Year Ending September 30: 2025 $ 85,719 2026 119,658 2027 85,021 2028 87,209 2029 75,000 Thereafter 203,753 $ 656,360

Accrued Liabilities (Tables)

Accrued Liabilities (Tables)	12 Months Ended
Accrued Liabilities (Tables)	Sep. 30, 2024
Accrued Liabilities [Line Items]
Accrued Liabilities	September 30, 2024 September 30, 2023 Salaries and other member benefits $ 151,921 $ 146,713 Product warranties and related liabilities 18,844 18,162 Interest payable 12,163 13,611 Accrued retirement benefits 2,888 2,822 Net current contract liabilities 56,791 33,748 Taxes, other than income 15,884 13,436 Other 34,151 34,124 $ 292,642 $ 262,616
Changes in Accrued Product Warranties and Related Liabilities	Changes in accrued product warranties and related liabilities were as follows: Year Ended September 30, 2024 2023 2022 Beginning of period $ 18,162 $ 40,042 $ 17,481 Additions, net of recoveries 13,797 25,984 29,827 Reductions for settlement ( 13,368 ) ( 47,949 ) ( 6,937 ) Foreign currency exchange rate changes 253 85 ( 329 ) End of period $ 18,844 $ 18,162 $ 40,042
Employee Severance [Member]
Accrued Liabilities [Line Items]
Loss Reserve & Restructuring Reserve Activity	The summary of activity in accrued restructuring charges is as follows: Period Activity September 30, 2022 Charges Payments Non-cash September 30, 2023 Workforce management costs associated with: Cost reduction plan $ — $ 5,172 $ ( 5,207 ) $ 35 $ — Aerospace 139 — ( 139 ) — — Industrial 944 — ( 944 ) — — Total $ 1,083 $ 5,172 $ ( 6,290 ) $ 35 $ —

Other Liabilities (Tables)

Other Liabilities (Tables)	12 Months Ended
Other Liabilities (Tables)	Sep. 30, 2024
Other Liabilities, Noncurrent [Abstract]
Schedule of Other Liabilities	September 30, 2024 September 30, 2023 Net accrued retirement benefits, less amounts recognized within accrued liabilities $ 83,094 $ 72,570 Total unrecognized tax benefits 10,104 8,020 Noncurrent income taxes payable 5,894 10,714 Deferred economic incentives (1) 7,062 5,797 Noncurrent operating lease liabilities 22,670 20,685 Cross-currency swap derivative liability 10,562 — Net noncurrent contract liabilities 424,609 414,657 Other 13,385 11,047 $ 577,380 $ 543,490 (1) Woodward receives certain economic incentives from various state and local authorities related to capital expansion projects. Such amounts are initially recorded as deferred credits and are being recognized as a reduction to pre-tax expense over the economic lives of the related capital expansion projects.

Other (Income) Expense, Net (Ta

Other (Income) Expense, Net (Tables)	12 Months Ended
Other (Income) Expense, Net (Tables)	Sep. 30, 2024
Nonoperating Income (Expense) [Abstract]
Schedule of Other (Income) Expense, Net	Year Ended September 30, 2024 2023 2022 Equity interest in the earnings of the JV $ ( 41,191 ) $ ( 36,846 ) $ ( 18,193 ) Net (gain) loss on sales of assets and businesses ( 457 ) 1,491 ( 1,775 ) Gain on non-recurring matter related to a previous acquisition ( 4,803 ) — — Rent income ( 347 ) ( 360 ) ( 672 ) Net (gain) loss on investments in deferred compensation program ( 6,571 ) ( 3,265 ) 6,295 Other components of net periodic pension and other postretirement benefit, excluding service cost and interest expense ( 11,764 ) ( 10,547 ) ( 11,572 ) Other ( 2,035 ) ( 764 ) ( 774 ) $ ( 67,168 ) $ ( 50,291 ) $ ( 26,691 )

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
Income Taxes (Tables)	Sep. 30, 2024
Income Tax Disclosure [Abstract]
Components of Income Tax Expense (Benefit)	Income taxes consisted of the following: Year Ended September 30, 2024 2023 2022 Current: Federal $ 46,102 $ 41,195 $ 21,869 State 4,841 2,641 2,310 Foreign 74,663 39,719 27,577 Deferred: Federal ( 18,888 ) ( 38,136 ) ( 13,216 ) State ( 7,341 ) ( 10,006 ) ( 8,623 ) Foreign ( 18,377 ) 7,987 ( 1,717 ) $ 81,000 $ 43,400 $ 28,200
Earnings Before Income Taxes by Geographical Area	Earnings before income taxes by geographical area consisted of the following: Year Ended September 30, 2024 2023 2022 United States $ 244,320 $ 122,389 $ 99,427 Other countries 209,651 153,379 100,471 $ 453,971 $ 275,768 $ 199,898
Schedule of Deferred Tax Assets and Liabilities	Significant components of deferred income taxes presented in the Consolidated Balance Sheets are related to the following: September 30, 2024 September 30, 2023 Deferred tax assets: Defined benefit plans, other postretirement $ 3,695 $ 3,769 Foreign net operating loss carryforwards 6,547 3,748 Inventory 77,013 68,034 Stock-based and other compensation 48,360 51,099 Deferred revenue net of unbilled receivables 43,400 46,283 Other reserves 7,850 8,244 Tax credits and incentives 30,886 28,319 Lease obligations 6,851 6,103 Other 4,622 4,476 Capitalized research and development costs 63,080 37,328 Valuation allowance ( 5,983 ) ( 3,827 ) Total deferred tax assets, net of valuation allowance 286,321 253,576 Deferred tax liabilities: Goodwill and intangibles - net ( 198,012 ) ( 194,891 ) Property, plant and equipment ( 97,340 ) ( 99,547 ) Right of use assets ( 6,691 ) ( 5,948 ) Defined benefit plans, pension ( 13,133 ) ( 9,892 ) Other ( 8,612 ) ( 17,568 ) Total deferred tax liabilities ( 323,788 ) ( 327,846 ) Net deferred tax liabilities $ ( 37,467 ) $ ( 74,270 )
Reconciliation of U.S. Statutory Tax Rate to Effective Tax Rate	The following is a reconciliation of the U.S. federal statutory tax 21 % in the fiscal years ended September 30, 2024, September 30, 2023, and September 30, 2022 to Woodward’s effective income tax rate: Year Ending September 30, 2024 2023 2022 Percent of pretax earnings Statutory tax rate 21.0 % 21.0 % 21.0 % State income taxes, net of federal tax benefit ( 0.4 ) ( 1.6 ) ( 2.5 ) Taxes on international activities ( 0.8 ) ( 0.6 ) 0.8 Research credit ( 2.1 ) ( 3.9 ) ( 4.5 ) Net excess income tax benefit from stock-based compensation ( 3.0 ) ( 3.7 ) ( 2.5 ) Adjustments of prior period tax items 0.9 ( 1.3 ) — Compensation and benefits 0.8 0.6 0.3 Distributable foreign earnings 1.4 4.6 — Other items, net — 0.6 1.5 Effective tax rate 17.8 % 15.7 % 14.1 %
Reconciliation of the Beginning and Ending Amounts of Gross Unrecognized Tax Benefits	A reconciliation of the beginning and ending amounts of gross unrecognized tax benefits follows: Year Ending September 30, 2024 2023 2022 Beginning balance $ 11,112 $ 11,938 $ 15,199 Additions to current year tax positions 5,673 3,933 1,783 Reductions to prior year tax positions ( 99 ) ( 141 ) ( 963 ) Additions to prior year tax positions 180 — 112 Lapse of applicable statute of limitations ( 2,592 ) ( 4,618 ) ( 4,193 ) Ending balance $ 14,274 $ 11,112 $ 11,938

Retirement Benefits (Tables)

Retirement Benefits (Tables)	12 Months Ended
Retirement Benefits (Tables)	Sep. 30, 2024
Defined Benefit Plan Disclosure [Line Items]
Schedule of Amount of Expense Associated with Defined Contribution Plans	The amount of expense associated with defined contribution plans was as follows: Year Ended September 30, 2024 2023 2022 Company costs $ 51,148 $ 44,202 $ 40,898
Defined Benefit Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Schedule of Net Periodic Benefit Costs	Net periodic benefit costs consist of the following components reflected as expense in Woodward’s Consolidated Statement of Earnings: Year Ended September 30, United States Other Countries Total 2024 2023 2022 2024 2023 2022 2024 2023 2022 Service cost $ 775 $ 893 $ 1,554 $ 1,244 $ 1,333 $ 2,339 $ 2,019 $ 2,226 $ 3,893 Interest cost 7,598 7,297 5,281 3,213 3,137 1,612 10,811 10,434 6,893 Expected return on plan assets ( 9,084 ) ( 8,297 ) ( 10,853 ) ( 2,406 ) ( 2,300 ) ( 2,434 ) ( 11,490 ) ( 10,597 ) ( 13,287 ) Amortization of: Net loss (gain) 226 292 259 ( 679 ) ( 620 ) 555 ( 453 ) ( 328 ) 814 Net prior service cost 698 698 981 23 22 23 721 720 1,004 Net periodic cost (benefit) $ 213 $ 883 $ ( 2,778 ) $ 1,395 $ 1,572 $ 2,095 $ 1,608 $ 2,455 $ ( 683 )
Schedule of Changes in Projected Benefit Obligations, Fair Value of Plan Assets, and Funded Status of Plan	The following tables provide a reconciliation of the changes in the projected benefit obligation and fair value of assets for the defined benefit pension plans: At or for the Year Ended September 30, United States Other Countries Total 2024 2023 2024 2023 2024 2023 Changes in projected benefit obligation: Projected benefit obligation at beginning of year $ 127,222 $ 132,444 $ 67,263 $ 65,477 $ 194,485 $ 197,921 Plan amendment 1,121 — — — 1,121 — Service cost 775 893 1,244 1,333 2,019 2,226 Interest cost 7,598 7,297 3,213 3,137 10,811 10,434 Net actuarial losses (gains) 13,249 ( 4,946 ) 4,128 ( 4,442 ) 17,377 ( 9,388 ) Contribution by participants — — 12 11 12 11 Benefits paid ( 9,010 ) ( 8,466 ) ( 3,647 ) ( 3,365 ) ( 12,657 ) ( 11,831 ) Foreign currency exchange rate changes — — 5,134 5,112 5,134 5,112 Projected benefit obligation at end of year $ 140,955 $ 127,222 $ 77,347 $ 67,263 $ 218,302 $ 194,485 Changes in fair value of plan assets: Fair value of plan assets at beginning of year $ 155,370 $ 154,481 $ 50,775 $ 47,579 $ 206,145 $ 202,060 Actual return on plan assets 33,382 9,355 3,866 573 37,248 9,928 Contributions by the Company 175 — 1,863 2,322 2,038 2,322 Contributions by plan participants — — 12 11 12 11 Benefits paid ( 9,010 ) ( 8,466 ) ( 3,647 ) ( 3,365 ) ( 12,657 ) ( 11,831 ) Foreign currency exchange rate changes — — 4,607 3,655 4,607 3,655 Fair value of plan assets at end of year $ 179,917 $ 155,370 $ 57,476 $ 50,775 $ 237,393 $ 206,145 Net over/(under) funded status at end of year $ 38,962 $ 28,148 $ ( 19,871 ) $ ( 16,488 ) $ 19,091 $ 11,660
Schedule of Accumulated Benefit Obligations In Excess of and Less Than Fair Value of Plan Assets	Plans with accumulated Plans with accumulated At September 30, At September 30, 2024 2023 2024 2023 Projected benefit obligation $ ( 56,783 ) $ ( 49,726 ) $ ( 161,519 ) $ ( 144,759 ) Accumulated benefit obligation ( 56,757 ) ( 49,711 ) ( 160,302 ) ( 143,914 ) Fair value of plan assets 20,053 18,047 217,340 188,098
Schedule of Amounts Recognized in Balance Sheets and Accumulated Other Comprehensive (Earnings) Losses	The following tables provide the amounts recognized in the Consolidated Balance Sheets and accumulated other comprehensive (earnings) losses for the defined benefit pension plans: Year Ended September 30, United States Other Countries Total 2024 2023 2024 2023 2024 2023 Amounts recognized in the Consolidated Balance Sheets consist of: Other non-current assets $ 39,148 $ 29,172 $ 16,673 $ 14,167 $ 55,821 $ 43,339 Accrued liabilities — — ( 1,166 ) ( 1,084 ) ( 1,166 ) ( 1,084 ) Other non-current liabilities ( 186 ) ( 1,024 ) ( 35,378 ) ( 29,571 ) ( 35,564 ) ( 30,595 ) Net over/(under) funded status at end of year $ 38,962 $ 28,148 $ ( 19,871 ) $ ( 16,488 ) $ 19,091 $ 11,660 Amounts recognized in accumulated other Unrecognized net prior service cost $ 3,200 $ 2,777 $ 509 $ 487 $ 3,709 $ 3,264 Unrecognized net losses (gains) ( 2,749 ) 8,527 ( 4,655 ) ( 7,847 ) ( 7,404 ) 680 Total amounts recognized 451 11,304 ( 4,146 ) ( 7,360 ) ( 3,695 ) 3,944 Deferred taxes ( 3,499 ) ( 6,101 ) ( 191 ) 808 ( 3,690 ) ( 5,293 ) Amounts recognized in accumulated other comprehensive (earnings) losses $ ( 3,048 ) $ 5,203 $ ( 4,337 ) $ ( 6,552 ) $ ( 7,385 ) $ ( 1,349 )
Schedule of Changes in Plan Assets and Benefit Obligations Recorded in Other Comprehensive (Earnings) Losses	The following table reconciles the changes in accumulated other comprehensive (earnings) losses for the defined benefit pension plans: Year Ended September 30, United States Other Countries Total 2024 2023 2024 2023 2024 2023 Beginning of year $ 11,304 $ 18,297 $ ( 7,360 ) $ ( 4,997 ) $ 3,944 $ 13,300 Net (gain) loss ( 11,050 ) ( 6,003 ) 2,668 ( 2,716 ) ( 8,382 ) ( 8,719 ) Prior service cost 1,121 — — — 1,121 — Amortization of: Net (loss) gain ( 226 ) ( 292 ) 679 620 453 328 Prior service cost ( 698 ) ( 698 ) ( 23 ) ( 22 ) ( 721 ) ( 720 ) Foreign currency exchange rate changes — — ( 110 ) ( 245 ) ( 110 ) ( 245 ) End of year $ 451 $ 11,304 $ ( 4,146 ) $ ( 7,360 ) $ ( 3,695 ) $ 3,944
Schedule of Expected Benefit Payments	Pension benefit payments are made from the assets of the pension plans. The German pension plans are unfunded; therefore, benefit payments are made from Company contributions into these plans as required to meet the payment obligations. Using foreign exchange rates as of September 30, 2024 and expected future service assumptions, it is anticipated that the future benefit payments will be as follows: Year Ending September 30, United States Other Total 2025 $ 9,637 $ 3,553 $ 13,190 2026 9,997 3,656 13,653 2027 10,253 3,768 14,021 2028 10,481 4,047 14,528 2029 10,655 4,097 14,752 2030-2034 53,308 24,350 77,658
Schedule of Allocation of Plan Assets, Actual and Target Allocations	The asset allocations are monitored and rebalanced regularly by investment managers assigned to the individual pension plans. The actual allocations of pension plan assets and target allocation ranges by asset class, are as follows: At September 30, 2024 2023 Percentage of Plan Target Allocation Percentage of Plan Target Allocation United States: Asset Class Equity Securities 30.5 % 2.3 % — 51.1 % 31.9 % 2.3 % — 51.2 % Debt Securities 67.6 % 58.9 % — 96.7 % 66.6 % 58.8 % — 96.5 % Other 1.9 % 0.0 % 1.5 % 0.0 % 100.0 % 100.0 % United Kingdom: Asset Class Equity Securities 0.0 % 0.0 % 20.7 % 10.0 % — 30.0 % Debt Securities 95.8 % 90.0 % — 100.0 % 79.2 % 70.0 % — 90.0 % Other 4.2 % 0.0 % — 10.0 % 0.1 % 0.0 % 100.0 % 100.0 % Japan: Asset Class Equity Securities 39.7 % 36.0 % — 44.0 % 40.0 % 36.0 % — 44.0 % Debt Securities 59.4 % 55.0 % — 63.0 % 60.0 % 55.0 % — 63.0 % Other 0.9 % 0.0 % — 2.0 % 0.0 % 0.0 % — 2.0 % 100.0 % 100.0 %
Schedule of Allocation of Plan Assets, Fair Value Hierarchy	The following tables present Woodward’s pension plan assets using the fair value hierarchy established by U.S. GAAP: At September 30, 2024 Level 1 Level 2 Level 3 United Other United Other United Other Total Asset Category: Cash and cash equivalents $ 3,370 $ 2,130 $ — $ — $ — $ — $ 5,500 Mutual funds: U.S. corporate bond fund 121,581 — — — — — 121,581 U.S. equity large cap fund 33,454 — — — — — 33,454 International equity large cap growth fund 21,512 — — — — — 21,512 Pooled funds: Japanese equity securities — — — 1,939 — — 1,939 International equity securities — — — 1,786 — — 1,786 Japanese fixed income securities — — — 4,157 — — 4,157 International fixed income securities — — — 1,409 — — 1,409 Index linked U.K. corporate bonds fund — — — 17,085 — — 17,085 Index linked U.K. government securities fund — — — 12,049 — — 12,049 Index linked U.K. long-term government securities fund — — — 14,924 — — 14,924 Index U.K long-term government securities fund — — — 1,997 — — 1,997 Total assets $ 179,917 $ 2,130 $ — $ 55,346 $ — $ — $ 237,393 At September 30, 2023 Level 1 Level 2 Level 3 United Other United Other United Other Total Asset Category: Cash and cash equivalents $ 2,385 $ 149 $ — $ — $ — $ — $ 2,534 Mutual funds: U.S. corporate bond fund 103,401 — — — — — 103,401 U.S. equity large cap fund 31,136 — — — — — 31,136 International equity large cap growth fund 18,448 — — — — — 18,448 Pooled funds: Japanese equity securities — — — 1,830 — — 1,830 International equity securities — — — 1,600 — — 1,600 Japanese fixed income securities — — — 3,785 — — 3,785 International fixed income securities — — — 1,287 — — 1,287 Global target return equity/bond fund — — — 8,719 — — 8,719 Index linked U.K. corporate bonds fund — — — 14,319 — — 14,319 Index linked U.K. government securities fund — — — 14,601 — — 14,601 Index linked U.K. long-term government securities fund — — — 4,485 — — 4,485 Total assets $ 155,370 $ 149 $ — $ 50,626 $ — $ — $ 206,145
Other Postretirement Benefit Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Schedule of Actuarial Assumptions Used	The actuarial assumptions used in measuring the net periodic benefit cost and plan obligations of postretirement benefits were as follows: At September 30, 2024 2023 2022 Weighted-average discount rate used to determine benefit obligation 5.00 % 6.25 % 5.70 % Weighted-average discount rate used to determine net periodic benefit cost 6.25 5.70 2.80
Schedule of Net Periodic Benefit Costs	Net periodic benefit costs consist of the following components reflected as expense in Woodward’s Consolidated Statements of Earnings: Year Ended September 30, 2024 2023 2022 Service cost $ — $ 1 $ 1 Interest cost 902 904 577 Amortization of: Net gain ( 555 ) ( 495 ) ( 94 ) Net periodic cost $ 347 $ 410 $ 484
Schedule of Changes in Projected Benefit Obligations, Fair Value of Plan Assets, and Funded Status of Plan	The following table provides a reconciliation of the changes in the accumulated postretirement benefit obligation and fair value of assets for the postretirement benefits: Year Ended September 30, 2024 2023 Changes in accumulated postretirement benefit obligation: Accumulated postretirement benefit obligation at beginning of year $ 15,336 $ 16,797 Service cost — 1 Interest cost 902 904 Premiums paid by plan participants 834 873 Net actuarial loss (gain) 597 ( 682 ) Benefits paid ( 2,466 ) ( 2,557 ) Accumulated postretirement benefit obligation at end of year $ 15,203 $ 15,336 Changes in fair value of plan assets: Fair value of plan assets at beginning of year $ — $ — Contributions by the company 1,632 1,684 Premiums paid by plan participants 834 873 Benefits paid ( 2,466 ) ( 2,557 ) Fair value of plan assets at end of year $ — $ — Funded status at end of year $ ( 15,203 ) $ ( 15,336 )
Schedule of Amounts Recognized in Balance Sheets and Accumulated Other Comprehensive (Earnings) Losses	The following tables provide the amounts recognized in the Consolidated Balance Sheets and accumulated other comprehensive (earnings) losses for the postretirement plans: Year Ended September 30, 2024 2023 Amounts recognized in Consolidated Balance Sheets consist of: Accrued liabilities $ ( 1,668 ) $ ( 1,739 ) Other non-current liabilities ( 13,535 ) ( 13,597 ) Funded status at end of year $ ( 15,203 ) $ ( 15,336 ) Amounts recognized in accumulated other comprehensive income consist of: Unrecognized net prior service cost (benefit) $ — $ — Unrecognized net gains ( 5,260 ) ( 6,412 ) Total amounts recognized ( 5,260 ) ( 6,412 ) Deferred taxes 1,009 1,292 Amounts recognized in accumulated other comprehensive (earnings) $ ( 4,251 ) $ ( 5,120 )
Schedule of Changes in Plan Assets and Benefit Obligations Recorded in Other Comprehensive (Earnings) Losses	The following table reconciles the changes in accumulated other comprehensive (earnings) losses for the other postretirement benefit plans: Year Ended September 30, 2024 2023 Beginning of year $ ( 6,412 ) $ ( 6,225 ) Net loss (gain) 597 ( 682 ) Amortization of: Net gain 555 495 End of year $ ( 5,260 ) $ ( 6,412 )
Schedule of Health Care Cost Trend Rates	Assumed healthcare cost trend rates at September 30, were as follows: 2024 2023 Health care cost trend rate assumed for next year 6.00 % 6.00 % Rate to which the cost trend rate is assumed to decline (the ultimate trend rate) 5.00 % 5.00 % Year that the rate reaches the ultimate trend rate 2030 2030
Schedule of Future Postretirement Company Contributions	Using expected future service, it is anticipated that the future Company contributions to pay benefits for other postretirement benefit plans, excluding participate contributions, will be as follows: Year Ending September 30, 2025 $ 2,519 2026 2,447 2027 2,357 2028 2,267 2029 2,171 2030-2034 9,101
United States [Member] \| Defined Benefit Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Schedule of Actuarial Assumptions Used	The actuarial assumptions used in measuring the net periodic benefit cost and plan obligations of retirement pension benefits were as follows: At September 30, 2024 2023 2022 United States: Weighted-average assumptions to determine benefit obligation: Discount rate 5.05 % 6.20 % 5.70 % Weighted-average assumptions to determine periodic benefit costs: Discount rate 6.20 5.70 3.05 Long-term rate of return on plan assets 6.03 5.53 5.00
United Kingdom \| Defined Benefit Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Schedule of Actuarial Assumptions Used	At September 30, 2024 2023 2022 United Kingdom: Weighted-average assumptions to determine benefit obligation: Discount rate 5.28 % 5.85 % 5.35 % Rate of compensation increase 3.40 3.60 4.00 Weighted-average assumptions to determine periodic benefit costs: Discount rate - service cost 5.91 4.99 2.15 Discount rate - interest cost 5.84 5.71 1.83 Rate of compensation increase 3.60 4.00 4.00 Long-term rate of return on plan assets 4.90 4.80 3.80
Japan \| Defined Benefit Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Schedule of Actuarial Assumptions Used	At September 30, 2024 2023 2022 Japan: Weighted-average assumptions to determine benefit obligation: Discount rate 1.92 % 2.01 % 1.60 % Rate of compensation increase 3.00 2.00 2.00 Weighted-average assumptions to determine periodic benefit costs: Discount rate - service cost 2.20 1.78 1.13 Discount rate - interest cost 1.58 1.17 0.65 Rate of compensation increase 2.00 2.00 2.25 Long-term rate of return on plan assets 3.25 2.75 2.00
Germany [Member] \| Defined Benefit Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Schedule of Actuarial Assumptions Used	At September 30, 2024 2023 2022 Germany: Weighted-average assumptions to determine benefit obligation: Discount rate 3.58 % 4.27 % 3.97 % Rate of compensation increase 2.50 2.50 2.50 Weighted-average assumptions to determine periodic benefit costs: Discount rate - service cost 4.23 3.95 1.54 Discount rate - interest cost 4.29 3.91 1.06 Rate of compensation increase 2.50 2.50 2.50

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	12 Months Ended
Stockholders' Equity (Tables)	Sep. 30, 2024
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Summary of Activity in Common Stock and Treasury Stock Share	Activity in common stock and treasury stock shares are as follows: Common Stock Treasury Stock Treasury stock held for deferred compensation Balances as of September 30, 2021 72,960 ( 9,702 ) ( 167 ) Purchase of treasury stock — ( 4,123 ) — Sales of treasury stock — 468 — Common shares issued for benefit plans — 150 — Purchases of stock by deferred compensation — — ( 3 ) Distribution of stock from deferred compensation — — 31 Balances as of September 30, 2022 72,960 ( 13,207 ) ( 139 ) Balances as of September 30, 2022 72,960 ( 13,207 ) ( 139 ) Purchase of treasury stock — ( 1,060 ) — Sales of treasury stock — 1,009 — Common shares issued for benefit plans — 188 — Purchases of stock by deferred compensation — — ( 2 ) Distribution of stock from deferred compensation — — 86 Balances as of September 30, 2023 72,960 ( 13,070 ) ( 55 ) Balances as of September 30, 2023 72,960 ( 13,070 ) ( 55 ) Purchase of treasury stock — ( 2,236 ) — Sales of treasury stock — 1,360 — Common shares issued for benefit plans — 159 — Purchases of stock by deferred compensation — — ( 1 ) Distribution of stock from deferred compensation — — 11 Balances as of September 30, 2024 72,960 ( 13,787 ) ( 45 )
Summary of Activity for RSUs	A summary of the activity for RSUs: Number of units Weighted-Average Grant Date Fair Value Balance at September 30, 2023 177 $ 93.46 Granted 178 139.04 Vested ( 30 ) 88.97 Forfeited ( 7 ) 149.02 Balance at September 30, 2024 318 $ 118.19
Stock-based Compensation Expense Recognized	Stock-based compensation expense recognized was as follows: Year Ended September 30, 2024 2023 2022 Employee stock-based compensation expense $ 33,052 $ 23,958 $ 20,109
Stock Options [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Schedule of Assumptions Used in Estimate of Fair Value of Stock Option Awards	The fair value of options granted is estimated as of the grant date using the Black-Scholes-Merton option-valuation model using the assumptions in the following table. Woodward calculates the expected term, which represents the average period of time that stock options granted are expected to be outstanding, based upon historical experience of plan participants. Expected volatility is based on historical volatility using daily stock price observations. The estimated dividend yield is based upon Woodward’s historical dividend practice and the market value of its common stock. The risk-free rate is based on the U.S. treasury yield curve, for periods within the contractual life of the stock option, at the time of grant. Year Ended September 30, 2024 2023 2022 Weighted-average exercise price per share $ 137.36 $ 84.84 $ 115.3 Expected term (years) 6.6 - 8.7 6.6 - 8.8 6.6 - 8.7 Estimated volatility 35.0 % - 37.6 % 34.7 % - 37.6 % 33.8 % - 36.4 % Estimated dividend yield 0.7 % - 0.7 % 0.7 % - 0.9 % 0.6 % - 0.8 % Risk-free interest rate 4.2 % - 4.4 % 3.4 % - 4.4 % 1.1 % - 3.5 %
Weighted Average Grant Date Fair Value of Options Granted	The weighted average grant date fair value of options granted follows: Year Ended September 30, 2024 2023 2022 Weighted-average grant date fair value of options $ 58.34 $ 34.19 $ 41.78
Summary of Activity for Stock Option Awards	The following is a summary of the activity for stock option awards during the fiscal year ended September 30, 2024: Number of options Weighted- Balance at September 30, 2023 4,842 $ 80.48 Granted 87 137.36 Exercised ( 1,340 ) 69.23 Forfeited ( 11 ) 96.82 Balance at September 30, 2024 3,578 $ 86.03
Changes in Non-vested Stock Options	Changes in non-vested stock options during the fiscal year ended September 30, 2024 were as follows: Number of options Weighted- Balance at September 30, 2023 1,393 $ 33.96 Granted 87 58.34 Vested ( 572 ) 32.36 Forfeited ( 10 ) 37.76 Balance at September 30, 2024 898 $ 37.30
Stock Options Vested, or Expected to Vest and Exercisable	Information about stock options that have vested, or are expected to vest, and are exercisable at September 30, 2024 was as follows: Number of options Weighted- Weighted- Aggregate Options outstanding 3,578 $ 86.03 5.3 $ 305,872 Options vested and exercisable 2,680 82.14 4.5 239,541 Options vested and expected to vest 3,557 85.91 5.2 304,515
Other Stock Option Information	Other information follows: Year Ended September 30, 2024 2023 2022 Total fair value of stock options vested $ 18,527 $ 24,388 $ 18,945 Total intrinsic value of options exercised 115,198 67,203 32,709 Cash received from exercises of stock options 89,875 50,749 21,897 Excess tax benefit realized from exercise of stock options 17,939 12,595 6,472
Performance Restricted Stock Units [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Schedule of Assumptions to Value PSUs Granted	The fair value of the PSUs for the November 2023 grant was determined based upon a Monte Carlo valuation method. The assumptions used in the Monte Carlo method to value the PSUs granted, which includes the grant date fair value outcome from the Monte Carlo method, were as follows: September 30, 2024 Expected volatility 30.2 % Risk free interest rate 4.5 % Expected life 3 years Grant date fair value $ 146.47
Summary of Activity for PSUs	A summary of the activity for PSUs: Number of units Weighted-Average Grant Date Fair Value Beginning balance — $ — Granted 66 146.47 Forfeited ( 4 ) 146.47 Ending balance 62 $ 146.47

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
Commitments and Contingencies (Tables)	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Future Minimum Unconditional Purchase Obligations	Future minimum unconditional purchase obligations are as follows: Year Ending September 30: 2025 $ 676,009 2026 179,213 2027 70,212 2028 1,542 2029 5 Thereafter 88 Total $ 927,069

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
Segment Information (Tables)	Sep. 30, 2024
Entity Wide Revenue Major Customer [Line Items]
Summary of Consolidated Net Sales and Earnings by Segment	A summary of consolidated net sales and earnings by segment follows: Year Ended September 30, 2024 2023 2022 Segment external net sales: Aerospace $ 2,028,618 $ 1,768,103 $ 1,519,322 Industrial 1,295,631 1,146,463 863,468 Total consolidated net sales $ 3,324,249 $ 2,914,566 $ 2,382,790 Segment earnings: Aerospace $ 385,360 $ 290,104 $ 230,933 Industrial 229,857 161,622 82,788 Nonsegment expenses ( 119,745 ) ( 130,811 ) ( 81,092 ) Interest Expense, net ( 41,501 ) ( 45,147 ) ( 32,731 ) Consolidated earnings before income taxes $ 453,971 $ 275,768 $ 199,898
Summary of Consolidated Total Assets, Depreciation and Amortization, and Capital Expenditures by Segment	Segment assets consist of accounts receivable, inventories, property, plant, and equipment, net, goodwill, and other intangibles, net. A summary of consolidated total assets, consolidated depreciation and amortization, and consolidated capital expenditures follows: Year Ended September 30, 2024 2023 2022 Segment assets: Aerospace $ 1,936,507 $ 1,829,410 $ 1,773,854 Industrial 1,509,495 1,490,341 1,380,446 Unallocated corporate property, plant and equipment, net 120,946 104,962 111,760 Other unallocated assets 801,967 585,490 540,386 Consolidated total assets $ 4,368,915 $ 4,010,203 $ 3,806,446 Segment depreciation and amortization: Aerospace $ 55,305 $ 59,880 $ 60,176 Industrial 49,779 51,167 50,584 Unallocated corporate amounts 11,086 8,696 9,868 Consolidated depreciation and amortization $ 116,170 $ 119,743 $ 120,628 Segment capital expenditures: Aerospace $ 55,989 $ 56,913 $ 23,253 Industrial 41,930 21,855 12,399 Unallocated corporate amounts ( 1,639 ) ( 2,268 ) 17,216 Consolidated capital expenditures $ 96,280 $ 76,500 $ 52,868
U.S. Government Related [Member]
Entity Wide Revenue Major Customer [Line Items]
U.S. Government Related Sales by Segment	U.S. Government related sales from Woodward’s reportable segments were as follows: Direct U.S. Indirect U.S. Total U.S. Fiscal year ended September 30, 2024 Aerospace $ 107,978 $ 443,370 $ 551,348 Industrial 9,039 10,273 19,312 Total net external sales $ 117,017 $ 453,643 $ 570,660 Percentage of total net sales 3 % 14 % 17 % Fiscal year ended September 30, 2023 Aerospace $ 99,848 $ 363,835 $ 463,683 Industrial 7,524 14,840 22,364 Total net external sales $ 107,372 $ 378,675 $ 486,047 Percentage of total net sales 4 % 13 % 17 % Fiscal year ended September 30, 2022 Aerospace $ 93,266 $ 433,646 $ 526,912 Industrial 4,759 6,052 10,811 Total net external sales $ 98,025 $ 439,698 $ 537,723 Percentage of total net sales 4 % 19 % 23 %

Operations and Summary of Sig_4

Operations and Summary of Significant Accounting Policies (Narrative) (Details) - USD ($)	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Selling, general, and administrative expenses include net foreign currency transaction gain (loss)	$ 8,369,000	$ (1,020,000)	$ 1,450,000
Additional asset impairment charges	0	0	0
Additional asset impairment charges, intangible assets	0	0	$ 0
Increase in cash provided by operating activities as result of factoring activities	$ 1,398,000	$ 26,273,000

Operations and Summary of Sig_5

Operations and Summary of Significant Accounting Policies (Schedule of Property, Plant and Equipment Useful Lives) (Details)	Sep. 30, 2024
Land Improvements [Member] \| Minimum [Member]
Property Plant And Equipment [Line Items]
Property, Plant and Equipment, Useful Life	10 years
Land Improvements [Member] \| Maximum [Member]
Property Plant And Equipment [Line Items]
Property, Plant and Equipment, Useful Life	20 years
Building and Building Improvements [Member] \| Minimum [Member]
Property Plant And Equipment [Line Items]
Property, Plant and Equipment, Useful Life	10 years
Building and Building Improvements [Member] \| Maximum [Member]
Property Plant And Equipment [Line Items]
Property, Plant and Equipment, Useful Life	40 years
Leasehold Improvements [Member] \| Minimum [Member]
Property Plant And Equipment [Line Items]
Property, Plant and Equipment, Useful Life	1 year
Leasehold Improvements [Member] \| Maximum [Member]
Property Plant And Equipment [Line Items]
Property, Plant and Equipment, Useful Life	10 years
Machinery and Production Equipment [Member] \| Minimum [Member]
Property Plant And Equipment [Line Items]
Property, Plant and Equipment, Useful Life	3 years
Machinery and Production Equipment [Member] \| Maximum [Member]
Property Plant And Equipment [Line Items]
Property, Plant and Equipment, Useful Life	25 years
Computer Equipment and Software [Member] \| Minimum [Member]
Property Plant And Equipment [Line Items]
Property, Plant and Equipment, Useful Life	3 years
Computer Equipment and Software [Member] \| Maximum [Member]
Property Plant And Equipment [Line Items]
Property, Plant and Equipment, Useful Life	10 years
Office furniture and equipment [Member] \| Minimum [Member]
Property Plant And Equipment [Line Items]
Property, Plant and Equipment, Useful Life	3 years
Office furniture and equipment [Member] \| Maximum [Member]
Property Plant And Equipment [Line Items]
Property, Plant and Equipment, Useful Life	15 years
Other [Member] \| Minimum [Member]
Property Plant And Equipment [Line Items]
Property, Plant and Equipment, Useful Life	3 years
Other [Member] \| Maximum [Member]
Property Plant And Equipment [Line Items]
Property, Plant and Equipment, Useful Life	5 years
Computer Equipment and Software, Excluding ERP system [Member] \| Minimum [Member]
Property Plant And Equipment [Line Items]
Property, Plant and Equipment, Useful Life	3 years
Computer Equipment and Software, Excluding ERP system [Member] \| Maximum [Member]
Property Plant And Equipment [Line Items]
Property, Plant and Equipment, Useful Life	5 years
Enterprise Resource Planning system [Member]
Property Plant And Equipment [Line Items]
Property, Plant and Equipment, Useful Life	15 years

Operations and Summary of Sig_6

Operations and Summary of Significant Accounting Policies (Schedule of Finite-Lived Intangible Assets Useful Lives) (Details)	Sep. 30, 2024
Customer Relationships And Contracts [Member] \| Minimum [Member]
Finite Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	11 years
Customer Relationships And Contracts [Member] \| Maximum [Member]
Finite Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	30 years
Intellectual Property [Member]
Finite Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	17 years
Process Technology [Member] \| Minimum [Member]
Finite Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	10 years
Process Technology [Member] \| Maximum [Member]
Finite Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	30 years
Other [Member]
Finite Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	1 year

Revenue - Revenue Derived from

Revenue - Revenue Derived from Product Sales (Details) - Net Sales [Member] - Product Concentration Risk [Member]	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Manufacture [Member]
Disaggregation Of Revenue [Line Items]
Percentage of attributable to revenue	83%	84%	84%
MRO [Member]
Disaggregation Of Revenue [Line Items]
Percentage of attributable to revenue	15%	14%	14%
Service [Member]
Disaggregation Of Revenue [Line Items]
Percentage of attributable to revenue	2%	2%	2%

Revenue (Schedule of Revenue Re

Revenue (Schedule of Revenue Recognition Time) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Disaggregation Of Revenue [Line Items]
Net sales	$ 3,324,249	$ 2,914,566	$ 2,382,790
Aerospace [Member]
Disaggregation Of Revenue [Line Items]
Net sales	2,028,618	1,768,103	1,519,322
Industrial [Member]
Disaggregation Of Revenue [Line Items]
Net sales	1,295,631	1,146,463	863,468
Point In Time [Member]
Disaggregation Of Revenue [Line Items]
Net sales	1,634,522	1,456,736	1,102,970
Point In Time [Member] \| Aerospace [Member]
Disaggregation Of Revenue [Line Items]
Net sales	853,728	748,278	593,233
Point In Time [Member] \| Industrial [Member]
Disaggregation Of Revenue [Line Items]
Net sales	780,794	708,458	509,737
Over Time [Member]
Disaggregation Of Revenue [Line Items]
Net sales	1,689,727	1,457,830	1,279,820
Over Time [Member] \| Aerospace [Member]
Disaggregation Of Revenue [Line Items]
Net sales	1,174,890	1,019,825	926,089
Over Time [Member] \| Industrial [Member]
Disaggregation Of Revenue [Line Items]
Net sales	$ 514,837	$ 438,005	$ 353,731

Revenue (Summary of Amounts Rec

Revenue (Summary of Amounts Recognized Related to Changes in Estimated Total Lifetime Sales for Material Rights and Costs to Fulfill Contracts With Customers) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Change in Contract with Customer, Asset and Liability [Abstract]
Revenue	$ 17,154	$ 1,460	$ 1,514
Cost of goods sold	$ 15,486	$ 1,736	$ 667

Revenue (Summary of Amounts R_2

Revenue (Summary of Amounts Recognized Related to Amortization of Costs to Fulfill Contracts and Contract Liabilities Not Related to Changes in Estimate) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Change in Contract with Customer, Asset and Liability [Abstract]
Revenue	$ 7,230	$ 6,741	$ 4,107
Cost of goods sold	$ 3,112	$ 5,559	$ 3,077

Revenue (Narrative) (Details)

Revenue (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
Revenue (Narrative) (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Sep. 30, 2023
Capitalized cost	$ 185,102	$ 180,228
Billed accounts receivable due within	60 days
Noncurrent unbilled receivables	$ 11,237	$ 7,332
Percent of total billed and unbilled accounts receivable from U.S. Government	10%	10%
Revenue from contract liabilities	$ 44,398	$ 25,190

Revenue (Schedule of Accounts R

Revenue (Schedule of Accounts Receivable) (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Sep. 30, 2023
Contract With Customer Asset [Line Items]
Total billed receivables	$ 457,234	$ 485,227
Current unbilled receivables (contract assets)	320,570	270,479
Total accounts receivable	777,804	755,706
Less: Allowance for uncollectible amounts	(7,738)	(5,847)
Total accounts receivable, net	770,066	749,859
Trade Accounts Receivable [Member]
Contract With Customer Asset [Line Items]
Billed receivables	455,831	434,287
Other (Chinese Financial Institutions) [Member]
Contract With Customer Asset [Line Items]
Billed receivables	$ 1,403	$ 50,940

Revenue (Schedule of Uncollecti

Revenue (Schedule of Uncollectible Amounts And Change in Expected Allowance for Credit Losses for Trade Accounts Receivable and Unbilled Receivables) (Details) - USD ($) $ in Thousands		12 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Revenue from Contract with Customer [Abstract]
Balance, beginning		$ 5,847	$ 3,922	$ 3,664
Changes in estimates		3,219	7,211	447
Write-offs		(586)	(5,305)	(46)
Other	[1]	(742)	19	(143)
Balance, ending		$ 7,738	$ 5,847	$ 3,922

[1] Includes effects of foreign exchange rate changes during the period.

Revenue (Schedule of Contract L

Revenue (Schedule of Contract Liability) (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Sep. 30, 2023
Contract With Customer Liability [Line Items]
Current contract liabilities	$ 56,791	$ 33,748
Noncurrent contract liabilities	424,609	414,657
Deferred Revenue from Material Rights from JV Formation [Member]
Contract With Customer Liability [Line Items]
Current contract liabilities	6,580	6,147
Noncurrent contract liabilities	232,164	233,997
Deferred Revenue From Advance Invoicing And/Or Prepayments From Customers [Member]
Contract With Customer Liability [Line Items]
Current contract liabilities	23,706	6,868
Noncurrent contract liabilities	6,437	2,196
Liability Related To Customer Supplied Inventory [Member]
Contract With Customer Liability [Line Items]
Current contract liabilities	20,563	14,543
Deferred Revenue From Material Rights Related To Engineering And Development Funding [Member]
Contract With Customer Liability [Line Items]
Current contract liabilities	5,942	6,190
Noncurrent contract liabilities	$ 186,008	$ 178,464

Revenue (Schedule of Revenue _2

Revenue (Schedule of Revenue Recognized Related to Noncash Consideration) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Contract With Customer Noncash Consideration [Line Items]
Revenue recognized related to noncash consideration	$ 66,297	$ 52,268	$ 65,701
Aerospace [Member]
Contract With Customer Noncash Consideration [Line Items]
Revenue recognized related to noncash consideration	61,323	50,329	63,358
Industrial [Member]
Contract With Customer Noncash Consideration [Line Items]
Revenue recognized related to noncash consideration	$ 4,974	$ 1,939	$ 2,343

Revenue (Narrative - Performanc

Revenue (Narrative - Performance Obligations) (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Sep. 30, 2023
Remaining performance obligation amount	$ 2,932,793	$ 2,325,533
Material Rights [Member]
Remaining performance obligation amount	$ 509,366

Revenue (Narrative - Performa_2

Revenue (Narrative - Performance Obligations) (Details1) - USD ($) $ in Thousands	Sep. 30, 2024	Sep. 30, 2023
Remaining performance obligation amount	$ 2,932,793	$ 2,325,533
Material Rights [Member]
Remaining performance obligation amount	$ 509,366
Material Rights [Member] \| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2024-10-01
Period of remaining performance obligation, expected timing of satisfaction	1 year
Remaining performance obligation amount	$ 14,788
Remaining performance obligation, expected timing of satisfaction, year	2025
Maximum [Member] \| Material Rights [Member] \| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2024-10-01
Period of remaining performance obligation, expected timing of satisfaction	40 years
Aerospace [Member] \| Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2024-10-01
Period of remaining performance obligation, expected timing of satisfaction	2 years

Revenue (Schedule of Disaggrega

Revenue (Schedule of Disaggregation of Revenue) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Disaggregation Of Revenue [Line Items]
Total net sales	$ 3,324,249	$ 2,914,566	$ 2,382,790
United States [Member]
Disaggregation Of Revenue [Line Items]
Total net sales	1,698,256	1,538,075	1,311,600
Germany [Member]
Disaggregation Of Revenue [Line Items]
Total net sales	269,358	273,842	232,056
Europe, excluding Germany [Member]
Disaggregation Of Revenue [Line Items]
Total net sales	499,938	436,979	363,514
China [Member]
Disaggregation Of Revenue [Line Items]
Total net sales	390,044	243,486	136,379
Asia, excluding China [Member]
Disaggregation Of Revenue [Line Items]
Total net sales	222,706	200,029	152,189
Other Countries [Member]
Disaggregation Of Revenue [Line Items]
Total net sales	243,947	222,155	187,052
Aerospace [Member]
Disaggregation Of Revenue [Line Items]
Total net sales	2,028,618	1,768,103	1,519,322
Aerospace [Member] \| United States [Member]
Disaggregation Of Revenue [Line Items]
Total net sales	1,404,223	1,254,954	1,105,860
Aerospace [Member] \| Germany [Member]
Disaggregation Of Revenue [Line Items]
Total net sales	72,583	80,450	57,840
Aerospace [Member] \| Europe, excluding Germany [Member]
Disaggregation Of Revenue [Line Items]
Total net sales	202,421	163,222	128,719
Aerospace [Member] \| China [Member]
Disaggregation Of Revenue [Line Items]
Total net sales	96,136	56,773	49,407
Aerospace [Member] \| Asia, excluding China [Member]
Disaggregation Of Revenue [Line Items]
Total net sales	59,103	37,107	23,334
Aerospace [Member] \| Other Countries [Member]
Disaggregation Of Revenue [Line Items]
Total net sales	194,152	175,597	154,162
Aerospace [Member] \| Commercial OEM [Member]
Disaggregation Of Revenue [Line Items]
Total net sales	738,394	651,275	499,438
Aerospace [Member] \| Commercial Aftermarket [Member]
Disaggregation Of Revenue [Line Items]
Total net sales	640,823	547,625	420,881
Aerospace [Member] \| Defense OEM [Member]
Disaggregation Of Revenue [Line Items]
Total net sales	406,810	368,653	422,016
Aerospace [Member] \| Defense Aftermarket [Member]
Disaggregation Of Revenue [Line Items]
Total net sales	242,591	200,550	176,987
Industrial [Member]
Disaggregation Of Revenue [Line Items]
Total net sales	1,295,631	1,146,463	863,468
Industrial [Member] \| United States [Member]
Disaggregation Of Revenue [Line Items]
Total net sales	294,033	283,121	205,740
Industrial [Member] \| Germany [Member]
Disaggregation Of Revenue [Line Items]
Total net sales	196,775	193,392	174,216
Industrial [Member] \| Europe, excluding Germany [Member]
Disaggregation Of Revenue [Line Items]
Total net sales	297,517	273,757	234,795
Industrial [Member] \| China [Member]
Disaggregation Of Revenue [Line Items]
Total net sales	293,908	186,713	86,972
Industrial [Member] \| Asia, excluding China [Member]
Disaggregation Of Revenue [Line Items]
Total net sales	163,603	162,922	128,855
Industrial [Member] \| Other Countries [Member]
Disaggregation Of Revenue [Line Items]
Total net sales	49,795	46,558	32,890
Industrial [Member] \| Power Generation [Member]
Disaggregation Of Revenue [Line Items]
Total net sales	423,872	382,536	317,026
Industrial [Member] \| Transportation [Member]
Disaggregation Of Revenue [Line Items]
Total net sales	642,174	527,498	354,682
Industrial [Member] \| Oil and Gas [Member]
Disaggregation Of Revenue [Line Items]
Total net sales	$ 229,585	$ 236,429	$ 191,760

Earnings Per Share (Reconciliat

Earnings Per Share (Reconciliation of Net Earnings to Net Earnings Per Share Basic and Diluted) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Numerator:
Net earnings	$ 372,971	$ 232,368	$ 171,698
Denominator:
Basic shares outstanding	60,076	59,908	61,517
Dilutive effect of stock options; restricted and performance stock units	2,008	1,574	1,737
Diluted shares outstanding	62,084	61,482	63,254
Income per common share:
Basic earnings per share	$ 6.21	$ 3.88	$ 2.79
Diluted earnings per share	$ 6.01	$ 3.78	$ 2.71

Earnings Per Share (Anti-diluti

Earnings Per Share (Anti-dilutive Stock Options Excluded from Computation of Earnings Per Share) (Details) - Stock Options [Member] - $ / shares shares in Thousands	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Options	63	561	1,019
Weighted-average option price	$ 135.26	$ 114.88	$ 110.71

Earnings Per Share (Schedule of

Earnings Per Share (Schedule of Treasury Stock Shares Held for Deferred Compensation Included in Basic and Diluted Shares Outstanding) (Details) - shares shares in Thousands	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Earnings Per Share [Abstract]
Weighted-average treasury stock shares held for deferred compensation obligations	51	88	151

Leases (Lease-Related Assets an

Leases (Lease-Related Assets and Liabilities) (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Sep. 30, 2023
Assets:
Operating lease assets	$ 27,135	$ 24,680
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Other assets	Other assets
Finance lease assets	$ 2,516	$ 3,337
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Property, plant and equipment, net	Property, plant and equipment, net
Total lease assets	$ 29,651	$ 28,017
Current liabilities:
Operating lease liabilities	$ 5,029	$ 4,594
Operating Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Accrued liabilities	Accrued liabilities
Finance lease liabilities	$ 719	$ 817
Finance Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Current portion of long-term debt	Current portion of long-term debt
Noncurrent liabilities:
Operating lease liabilities	$ 22,670	$ 20,685
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Other liabilities	Other liabilities
Finance lease liabilities	$ 2,017	$ 2,733
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Long-term debt, less current portion	Long-term debt, less current portion
Total lease liabilities	$ 30,435	$ 28,829

Leases (Narrative) (Details)

Leases (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
Leases (Narrative) (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Lessee Lease Description [Line Items]
Revenue included embedded operating leases	$ 5,486	$ 5,030	$ 5,528
Operating Lease, Lease Income, Statement of Income or Comprehensive Income [Extensible Enumeration]	Net sales	Net sales	Net sales

Leases (Supplemental Lease-Rela

Leases (Supplemental Lease-Related Information) (Details)	Sep. 30, 2024	Sep. 30, 2023
Leases [Abstract]
Weighted average remaining lease term, Operating leases	8 years 1 month 6 days	8 years 7 months 6 days
Weighted average remaining lease term, Finance leases	3 years 9 months 18 days	4 years 7 months 6 days
Weighted average discount rate, Operating leases	4.40%	4%
Weighted average discount rate, Finance leases	4.60%	4.60%

Leases (Lease-Related Expenses)

Leases (Lease-Related Expenses) (Details) - USD ($) $ in Thousands		12 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Leases [Abstract]
Operating lease expense		$ 6,804	$ 6,213	$ 6,335
Amortization of financing lease assets		820	914	454
Interest on financing lease liabilities		138	157	51
Variable lease expense		1,299	917	929
Short-term lease expense		164	196	190
Sublease income	[1]			(192)
Total lease expense		$ 9,225	$ 8,397	$ 7,767

[1] Relates to two separate subleases Woodward has entered into for a leased manufacturing building in Niles, Illinois, each of which expired during fiscal year 2022.

Leases (Lease-Related Supplemen

Leases (Lease-Related Supplemental Cash Flow Information) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Leases [Abstract]
Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for operating leases	$ 5,375	$ 5,151	$ 5,303
Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for finance leases	138	157	51
Cash paid for amounts included in the measurement of lease liabilities: Financing cash flows for finance leases	818	779	796
Right-of-use assets obtained in exchange for recorded lease obligations: Operating leases	$ 6,117	2,230	14,678
Right-of-use assets obtained in exchange for recorded lease obligations: Finance leases		$ 48	$ 4,046

Leases (Maturities of Lease Lia

Leases (Maturities of Lease Liabilities) (Details) $ in Thousands	Sep. 30, 2024 USD ($)
Year Ending September 30:
Operating Leases, 2025	$ 5,997
Operating Leases, 2026	5,255
Operating Leases, 2027	4,338
Operating Leases, 2028	3,962
Operating Leases, 2029	3,219
Operating Leases, Thereafter	10,241
Operating Leases, Total lease payments	33,012
Operating Leases, Less: imputed interest	(5,313)
Operating lease liabilities	27,699
Year Ending September 30:
Finance Leases, 2025	823
Finance Leases, 2026	824
Finance Leases, 2027	822
Finance Leases, 2028	234
Finance Leases, 2029	182
Finance Leases, Thereafter	75
Finance Leases, Total lease payments	2,960
Finance Leases, Less: imputed interest	(224)
Finance Leases, Total lease obigations	$ 2,736

Leases (Property, Plant and Equ

Leases (Property, Plant and Equipment Leased to Others through Embedded Leasing Arrangements) (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Sep. 30, 2023
Leases [Abstract]
Property, plant, and equipment	$ 48,495	$ 45,766
Less accumulated depreciation	(32,994)	(28,128)
Property, plant, and equipment, net	$ 15,501	$ 17,638

Joint Venture (Unamortized Defe

Joint Venture (Unamortized Deferred Revenue from JV) (Details) - Woodward and General Electric Joint Venture [Member] - USD ($) $ in Thousands	Sep. 30, 2024	Sep. 30, 2023
Schedule Of Equity Method Investments [Line Items]
Accrued liabilities	$ 6,580	$ 6,147
Other liabilities	$ 232,164	$ 233,997

Joint Venture (Narrative) (Deta

Joint Venture (Narrative) (Details) - USD ($)	3 Months Ended		12 Months Ended
Joint Venture (Narrative) (Details) - USD ($)	Mar. 31, 2024	Mar. 31, 2023	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Schedule Of Equity Method Investments [Line Items]
Revenue from contract liabilities			$ 44,398,000	$ 25,190,000
Cost of goods sold from contract assets			$ 2,447,770,000	2,236,983,000	$ 1,857,485,000
Woodward and General Electric Joint Venture [Member]
Schedule Of Equity Method Investments [Line Items]
Ownership interest, joint venture			50%
Cash received annually from formation of joint venture	$ 4,894,000	$ 4,894,000	$ 4,894,000
Revenue from contract liabilities			812,000	870,000
Cost of goods sold from contract assets			1,236,000	870,000
Reduction in contract liability and costs to fulfill contract			9,680,000	0
Reduction in costs to fulfill a contract related to the termination			9,680,000	0
Woodward and General Electric Joint Venture [Member] \| Other Liabilities [Member]
Schedule Of Equity Method Investments [Line Items]
Contract liabilities			78,226,000	84,059,000
Woodward and General Electric Joint Venture [Member] \| Other Assets [Member]
Schedule Of Equity Method Investments [Line Items]
Costs to fulfill a contract			78,226,000	84,059,000
Woodward and General Electric Joint Venture [Member] \| Sales [Member]
Schedule Of Equity Method Investments [Line Items]
Amortization of deferred income recognized as an increase to sales			6,294,000	5,020,000	3,633,000
Reduction to sales related to royalties owed to joint venture			$ 63,794,000	$ 49,624,000	$ 28,054,000

Joint Venture (Other Income Rel

Joint Venture (Other Income Related JV) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Schedule Of Equity Method Investments [Line Items]
Other income	$ 41,191	$ 36,846	$ 18,193
Woodward and General Electric Joint Venture [Member]
Schedule Of Equity Method Investments [Line Items]
Other income	$ 41,191	$ 36,846	$ 18,193

Joint Venture (Cash Distributio

Joint Venture (Cash Distribution from JV) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Woodward and General Electric Joint Venture [Member]
Schedule Of Equity Method Investments [Line Items]
Cash distributions	$ 38,000	$ 29,000	$ 17,000

Joint Venture (Net Sales to the

Joint Venture (Net Sales to the JV) (Details) - USD ($) $ in Thousands		12 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Woodward and General Electric Joint Venture [Member] \| Related Party [Member]
Schedule Of Equity Method Investments [Line Items]
Net sales	[1]	$ 80,708	$ 47,607	$ 28,100

[1] Net sales include a reduction of $ 63,794 for the fiscal year ended September 30, 2024, $ 49,624 for the fiscal year ended September 30, 2023, and $ 28,054 for the fiscal year ended September 30, 2022 related to royalties owed to the JV by Woodward on sales by Woodward directly to third party aftermarket customers.

Joint Venture (Accounts Receiva

Joint Venture (Accounts Receivable, Accounts Payable, and Other Assets Related to JV) (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Sep. 30, 2023
Schedule Of Equity Method Investments [Line Items]
Accounts receivable	$ 457,234	$ 485,227
Accounts payable	287,457	234,328
Woodward and General Electric Joint Venture [Member]
Schedule Of Equity Method Investments [Line Items]
Other assets	19,219	16,028
Woodward and General Electric Joint Venture [Member] \| Related Party [Member]
Schedule Of Equity Method Investments [Line Items]
Accounts receivable	5,205	3,666
Accounts payable	$ 11,378	$ 6,276

Joint Venture (Contract Liabili

Joint Venture (Contract Liabilities and Costs to Fulfill a Contract) (Details) - Woodward and General Electric Joint Venture [Member] - USD ($) $ in Thousands	Sep. 30, 2024	Sep. 30, 2023
Other Liabilities [Member]
Schedule of Equity Method Investments [Line Items]
Contract liabilities	$ 78,226	$ 84,059
Other Assets [Member]
Schedule of Equity Method Investments [Line Items]
Costs to fulfill a contract	$ 78,226	$ 84,059

Financial Instruments and Fai_3

Financial Instruments and Fair Value Measurements (Financial Assets and Liabilities that are Measured at Fair Value on a Recurring Basis) (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Sep. 30, 2023
Financial assets:
Total financial assets	$ 53,910	$ 58,862
Financial liabilities:
Total financial liabilities	12,004
Investments in Banks and Financial Institutions [Member]
Financial assets:
Investments in term deposits with foreign banks	23,128	28,560
Equity Securities [Member]
Financial assets:
Equity securities	30,782	24,913
Cross Currency Interest Rate Swaps [Member]
Financial assets:
Cross currency interest rate swaps		5,389
Financial liabilities:
Cross currency interest rate swaps	12,004
Level 1 [Member]
Financial assets:
Total financial assets	53,910	53,473
Level 1 [Member] \| Investments in Banks and Financial Institutions [Member]
Financial assets:
Investments in term deposits with foreign banks	23,128	28,560
Level 1 [Member] \| Equity Securities [Member]
Financial assets:
Equity securities	30,782	24,913
Level 2 [Member]
Financial assets:
Total financial assets		5,389
Financial liabilities:
Total financial liabilities	12,004
Level 2 [Member] \| Cross Currency Interest Rate Swaps [Member]
Financial assets:
Cross currency interest rate swaps		$ 5,389
Financial liabilities:
Cross currency interest rate swaps	$ 12,004

Financial Instruments and Fai_4

Financial Instruments and Fair Value Measurements (Narrative) (Details) - Measurement Input, Discount Rate [Member]	Sep. 30, 2024	Sep. 30, 2023
Long-Term Debt [Member] \| Weighted Average [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Interest rate used to measure long-term debt	4.5	5.9
Long Term Notes Receivable from Municipalities [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Interest rate used to measure municipal notes	2.7	3.6
Investments in Short-Term Time Deposits [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Interest rate used to measure short-term time deposits	6.8	6.8

Financial Instruments and Fai_5

Financial Instruments and Fair Value Measurements (Estimated Fair Values of Financial Instruments) (Details) - Level 2 [Member] - USD ($) $ in Thousands	Sep. 30, 2024	Sep. 30, 2023
ASSETS
Investments in short-term time deposits, Estimated Fair Value	$ 3,064	$ 6,095
Liabilities:
Long-term debt, Estimated Fair Value	634,071	661,507
Investments in short-term time deposits, Carrying Cost	3,064	6,107
Long-term debt, Carrying Cost	656,360	722,671
Long Term Notes Receivable from Municipalities [Member]
ASSETS
Notes receivable, Estimated Fair Value	6,961	7,794
Liabilities:
Notes receivable, Carrying Cost	$ 6,514	$ 7,688

Derivative Instruments and He_3

Derivative Instruments and Hedging Activities (Narrative) (Details) $ in Thousands	12 Months Ended
	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2022 USD ($)	May 31, 2020 USD ($) Swap Loan	Sep. 23, 2016 EUR (€)
Derivative Instruments Gain Loss [Line Items]
Amount of (Gain) Loss Reclassified from Accumulated OCI into Earnings	$ (23,093)	$ (33,224)	$ 68,880
Remaining unrecognized gains (losses) associated with derivative instruments included in AOCI	$ (5,160)	(9,701)
2016 Note Purchase Agreements [Member]
Derivative Instruments Gain Loss [Line Items]
Issuance date	Sep. 23, 2016
Face amount \| €					€ 160,000,000
Series M Notes [Member]
Derivative Instruments Gain Loss [Line Items]
Face amount \| €					€ 40,000,000
Maturity date	Sep. 23, 2026
Gain (Loss) on foreign currency transaction designated as a hedge of a net investment in a foreign subsidiary	$ (2,381)	(3,090)	7,206
2020 Fixed-Rate Cross-Currency Swaps [Member]
Derivative Instruments Gain Loss [Line Items]
Derivative, notional amount	400,000			$ 400,000
2020 Fixed-Rate Cross-Currency Swaps [Member] \| Not Designated as Hedging Instrument, Economic Hedge [Member]
Derivative Instruments Gain Loss [Line Items]
Derivative, number of instruments \| Swap				5
2020 Floating-Rate Cross-Currency Swap [Member]
Derivative Instruments Gain Loss [Line Items]
Derivative, notional amount				$ 45,000
Fixed-Rate Cross Currency Interest Rate Contract [Member] \| Cash Flow Hedging
Derivative Instruments Gain Loss [Line Items]
Amount of (Gain) Loss Reclassified from Accumulated OCI into Earnings	$ (23,093)	$ (32,285)	$ 66,036
Fixed-Rate Cross Currency Interest Rate Contract [Member] \| Designated as Hedging Instrument \| Cash Flow Hedging
Derivative Instruments Gain Loss [Line Items]
Derivative, number of instruments \| Loan				5

Derivative Instruments and He_4

Derivative Instruments and Hedging Activities (Impact of Derivative Instruments on Earnings) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Derivative Instruments Gain Loss [Line Items]
Amount of (Income) Expense Recognized in Earnings on Derivative	$ 23,093	$ 33,224	$ (68,880)
Amount of (Gain) Loss Recognized in Accumulated OCI on Derivative	18,551	36,587	(89,048)
Amount of (Gain) Loss Reclassified from Accumulated OCI into Earnings	23,093	33,224	(68,880)
Floating-Rate Cross Currency Interest Rate Contract [Member] \| Derivatives in Fair Value Hedging Relationships [Member]
Derivative Instruments Gain Loss [Line Items]
Amount of (Income) Expense Recognized in Earnings on Derivative	$ 0	$ 939	$ (2,844)
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Selling, general and administrative expenses	Selling, general and administrative expenses	Selling, general and administrative expenses
Amount of (Gain) Loss Recognized in Accumulated OCI on Derivative	$ 0	$ 875	$ (2,854)
Derivative Instrument, Gain (Loss) Reclassified from AOCI into Income, Effective Portion, Statement of Income or Comprehensive Income [Extensible Enumeration]	Selling, general and administrative expenses	Selling, general and administrative expenses	Selling, general and administrative expenses
Amount of (Gain) Loss Reclassified from Accumulated OCI into Earnings	$ 0	$ 939	$ (2,844)
Fixed-Rate Cross Currency Interest Rate Contract [Member] \| Cash Flow Hedging
Derivative Instruments Gain Loss [Line Items]
Amount of (Income) Expense Recognized in Earnings on Derivative	$ 23,093	$ 32,285	$ (66,036)
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Selling, general and administrative expenses	Selling, general and administrative expenses	Selling, general and administrative expenses
Amount of (Gain) Loss Recognized in Accumulated OCI on Derivative	$ 18,551	$ 35,712	$ (86,194)
Derivative Instrument, Gain (Loss) Reclassified from AOCI into Income, Effective Portion, Statement of Income or Comprehensive Income [Extensible Enumeration]	Selling, general and administrative expenses	Selling, general and administrative expenses	Selling, general and administrative expenses
Amount of (Gain) Loss Reclassified from Accumulated OCI into Earnings	$ 23,093	$ 32,285	$ (66,036)

Supplemental Statement of Cas_3

Supplemental Statement of Cash Flows Information (Schedule of Supplemental Statement of Cash Flows Information) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Supplemental Cash Flow Information [Abstract]
Interest paid	$ 36,700	$ 35,306	$ 27,435
Income taxes paid	152,049	92,509	29,560
Income tax refunds received	6,521	3,661	7,481
Non-cash activities:
Purchases of property, plant and equipment on account	22,056	11,276	6,452
Common shares issued from treasury to settle benefit obligations	$ 21,889	$ 19,466	$ 17,132

Acquisitions (Narrative) (Detai

Acquisitions (Narrative) (Details) - P M Controls [Member] $ in Thousands	1 Months Ended
	Aug. 31, 2022 USD ($)
Business Acquisition [Line Items]
Total cash consideration	$ 22,890
P M Agreements [Member]
Business Acquisition [Line Items]
Total cash consideration	$ 21,421

Acquisitions (Schedule of Purch

Acquisitions (Schedule of Purchase Price Consideration) (Details) - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
	Aug. 31, 2022	Sep. 30, 2023	Sep. 30, 2022
Business Acquisition [Line Items]
Total purchase price		$ (878)	$ 21,549
P M Controls [Member]
Business Acquisition [Line Items]
Cash paid to Sellers	$ 22,890
Working capital adjustment	(878)
Less acquired cash and restricted cash	(1,341)
Plus settlement of pre-existing relationships	750
Total purchase price	$ 21,421

Inventories (Schedule of Invent

Inventories (Schedule of Inventories) (Details) - USD ($) $ in Thousands		Sep. 30, 2024	Sep. 30, 2023
Inventory, Net [Abstract]
Raw materials		$ 161,734	$ 133,699
Work in progress		147,676	127,438
Component parts	[1]	376,456	327,522
Finished goods		91,787	74,594
Customer supplied inventory		20,563	14,543
On-hand inventory for which control has transferred to the customer		(189,124)	(159,953)
Inventory, net		$ 609,092	$ 517,843

[1] Component parts include items that can be sold separately as finished goods or included in the manufacture of other products.

Property, Plant, and Equipmen_2

Property, Plant, and Equipment (Schedule of Property Plant and Equipment, Net) (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Sep. 30, 2023
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, gross	$ 1,830,959	$ 1,745,203
Less accumulated depreciation	(890,244)	(832,109)
Property, plant, and equipment, net	940,715	913,094
Land and Land Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, gross	91,105	89,352
Building and Building Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, gross	599,897	589,735
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, gross	22,022	21,079
Machinery and Production Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, gross	849,595	807,244
Computer Equipment and Software [Member]
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, gross	120,185	120,290
Office Furniture and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, gross	42,873	41,943
Other [Member]
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, gross	33,392	20,073
Construction in Progress [Member]
Property, Plant and Equipment [Line Items]
Property, plant, and equipment, gross	$ 71,890	$ 55,487

Property, Plant, and Equipmen_3

Property, Plant, and Equipment (Schedule of Depreciation Expense) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Property, Plant and Equipment, Net [Abstract]
Depreciation expense	$ 82,578	$ 82,154	$ 83,019

Goodwill (Schedule of Goodwill)

Goodwill (Schedule of Goodwill) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Goodwill [Line Items]
Goodwill, Beginning Balance	$ 791,468	$ 772,559
Effects of Foreign Currency Translation	15,175	18,909
Goodwill, Ending Balance	806,643	791,468
Aerospace [Member]
Goodwill [Line Items]
Goodwill, Beginning Balance	455,423	455,423
Goodwill, Ending Balance	455,423	455,423
Industrial [Member]
Goodwill [Line Items]
Goodwill, Beginning Balance	336,045	317,136
Effects of Foreign Currency Translation	15,175	18,909
Goodwill, Ending Balance	$ 351,220	$ 336,045

Goodwill (Narrative) (Details)

Goodwill (Narrative) (Details) - USD ($) $ in Thousands	Jul. 31, 2024	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Goodwill [Line Items]
Goodwill		$ 806,643	$ 791,468	$ 772,559
Assumed annual compound growth rate after five years	5.07%
Minimum [Member]
Goodwill [Line Items]
Weighted average cost of capital assumption	10.31%
Maximum [Member]
Goodwill [Line Items]
Weighted average cost of capital assumption	10.33%
Industrial [Member]
Goodwill [Line Items]
Goodwill		$ 351,220	$ 336,045	$ 317,136

Intangible Assets, Net (Schedul

Intangible Assets, Net (Schedule of Finite-Lived and Indefinite-Lived Intangible Assets by Major Class) (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Sep. 30, 2023
Finite-Lived Intangible Assets [Line Items]
Accumulated Amortization of Finite-Lived Intangible	$ (440,603)	$ (401,150)
Net Carrying Amount - Finite-Lived Intangible	375,668
Intangible Assets, Gross, Total	881,022	853,513
Intangible Assets, Net, Total	440,419	452,363
Customer Relationships And Contracts [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Value - Finite-Lived Intangible	680,713	660,487
Accumulated Amortization of Finite-Lived Intangible	(360,543)	(326,227)
Net Carrying Amount - Finite-Lived Intangible	320,170	334,260
Intellectual Property [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Value - Finite-Lived Intangible	3,139	3,139
Accumulated Amortization of Finite-Lived Intangible	(3,139)	(3,139)
Process Technology [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Value - Finite-Lived Intangible	131,827	128,026
Accumulated Amortization of Finite-Lived Intangible	(76,329)	(71,260)
Net Carrying Amount - Finite-Lived Intangible	55,498	56,766
Trade Name [Member]
Finite-Lived Intangible Assets [Line Items]
Indefinite-Lived Intangible Assets	64,751	61,307
Intangible Assets, Net, Total	64,751	61,307
Other [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Value - Finite-Lived Intangible	592	554
Accumulated Amortization of Finite-Lived Intangible	(592)	(524)
Net Carrying Amount - Finite-Lived Intangible		30
Aerospace [Member]
Finite-Lived Intangible Assets [Line Items]
Accumulated Amortization of Finite-Lived Intangible	(286,498)	(275,694)
Intangible Assets, Gross, Total	326,253	326,253
Intangible Assets, Net, Total	39,755	50,559
Aerospace [Member] \| Customer Relationships And Contracts [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Value - Finite-Lived Intangible	281,683	281,683
Accumulated Amortization of Finite-Lived Intangible	(246,152)	(236,143)
Net Carrying Amount - Finite-Lived Intangible	35,531	45,540
Aerospace [Member] \| Process Technology [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Value - Finite-Lived Intangible	44,570	44,570
Accumulated Amortization of Finite-Lived Intangible	(40,346)	(39,551)
Net Carrying Amount - Finite-Lived Intangible	4,224	5,019
Industrial [Member]
Finite-Lived Intangible Assets [Line Items]
Accumulated Amortization of Finite-Lived Intangible	(154,105)	(125,456)
Intangible Assets, Gross, Total	554,769	527,260
Intangible Assets, Net, Total	400,664	401,804
Industrial [Member] \| Customer Relationships And Contracts [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Value - Finite-Lived Intangible	399,030	378,804
Accumulated Amortization of Finite-Lived Intangible	(114,391)	(90,084)
Net Carrying Amount - Finite-Lived Intangible	284,639	288,720
Industrial [Member] \| Intellectual Property [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Value - Finite-Lived Intangible	3,139	3,139
Accumulated Amortization of Finite-Lived Intangible	(3,139)	(3,139)
Industrial [Member] \| Process Technology [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Value - Finite-Lived Intangible	87,257	83,456
Accumulated Amortization of Finite-Lived Intangible	(35,983)	(31,709)
Net Carrying Amount - Finite-Lived Intangible	51,274	51,747
Industrial [Member] \| Trade Name [Member]
Finite-Lived Intangible Assets [Line Items]
Indefinite-Lived Intangible Assets	64,751	61,307
Intangible Assets, Net, Total	64,751	61,307
Industrial [Member] \| Other [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Value - Finite-Lived Intangible	592	554
Accumulated Amortization of Finite-Lived Intangible	$ (592)	(524)
Net Carrying Amount - Finite-Lived Intangible		$ 30

Intangible Assets, Net (Narrati

Intangible Assets, Net (Narrative) (Details) $ in Thousands	Jul. 31, 2024 USD ($)
Intangible Assets, Net [Line Items]
Weighted average cost of capital assumption	10.20%
Assumed annual compound growth rate after five years	5.07%
Assumed annual compound growth rate period	5 years
Disposal Group [Member]
Intangible Assets, Net [Line Items]
Impairment of intangible assets, Indefinite-lived	$ 0

Intangible Assets, Net (Sched_2

Intangible Assets, Net (Schedule of Finite-Lived Intangible Assets Amortization Expense) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Amortization expense	$ 33,592	$ 37,589	$ 37,609

Intangible Assets, Net (Sched_3

Intangible Assets, Net (Schedule of Finite-Lived Intangible Assets, Future Amortization Expense) (Details) $ in Thousands	Sep. 30, 2024 USD ($)
Intangible Assets, Net (Excluding Goodwill) [Abstract]
2025	$ 28,360
2026	28,350
2027	28,297
2028	27,704
2029	26,375
Thereafter	236,582
Net Carrying Amount - Finite-Lived Intangible	$ 375,668

Credit Facilities, Short-term_3

Credit Facilities, Short-term Borrowings and Long-term Debt (Short-term Borrowings and Availability Under Various Short-term Credit Facilities) (Details)	Sep. 30, 2024 USD ($)
Line Of Credit Facility [Line Items]
Total availability	$ 1,025,701,000
Outstanding letters of credit and guarantees	(8,167,000)
Banker acceptance notes issued	(5,589,000)
Outstanding borrowings	(217,000,000)
Remaining availability	794,945,000
Revolving Credit Facility [Member]
Line Of Credit Facility [Line Items]
Total availability	1,000,000,000
Outstanding letters of credit and guarantees	(7,864,000)
Outstanding borrowings	(217,000,000)
Remaining availability	775,136,000
Foreign Lines of Credit and Overdraft Facilities [Member]
Line Of Credit Facility [Line Items]
Total availability	25,604,000
Outstanding letters of credit and guarantees	(244,000)
Banker acceptance notes issued	(5,589,000)
Remaining availability	19,771,000
Foreign Performance Guarantee Facilities [Member]
Line Of Credit Facility [Line Items]
Total availability	97,000
Outstanding letters of credit and guarantees	(59,000)
Remaining availability	$ 38,000

Credit Facilities, Short-term_4

Credit Facilities, Short-term Borrowings and Long-term Debt (Narrative) (Details)			12 Months Ended
	Nov. 15, 2023 USD ($)	Oct. 01, 2013 USD ($)	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2022 USD ($)	May 31, 2018 USD ($)	Sep. 23, 2016 EUR (€)
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity			$ 1,025,701,000
Outstanding borrowings			217,000,000
Short-term debt			217,000,000	$ 0
Amortization of debt financing costs recognized as interest expense			929,000	963,000	$ 917,000
Unamortized debt issuance costs			$ 890,000	1,145,000
The Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Covenant Description			The Notes contain restrictive covenants customary for such financings, including, among other things, covenants that place limits on Woodward’s ability to incur liens on assets, incur additional debt (including a leverage or coverage-based maintenance test), transfer or sell Woodward’s assets, merge or consolidate with other persons and enter into material transactions with affiliates. Under the financial covenants contained in the note purchase agreement governing each series of the Notes, Woodward’s priority debt may not exceed, at any time, 15% of its consolidated net worth. Woodward’s Leverage Ratio cannot exceed 4.0 to 1.0 during any material acquisition period, or 3.5 to 1.0 at any other time on a rolling four quarter basis. In the event that Woodward’s Leverage Ratio exceeds 3.5 to 1.0 during any material acquisition period, the interest rate on each series of Notes will increase. The minimum consolidated net worth, prior year positive net income, and net cash proceeds resulting from certain issuances of stock for satisfaction of Woodward’s leverage ratio are consistent between the Notes and Revolving Credit Agreement.
Percent of debt not exceed net worth			5%
Unamortized debt issuance costs			$ 890,000	1,145,000
The Notes [Member] \| Minimum [Member]
Debt Instrument [Line Items]
Leverage ratio			0.35
The Notes [Member] \| Maximum [Member]
Debt Instrument [Line Items]
Leverage ratio			0.4
Second Amended And Restated Revolving Credit Agreement [Member]
Debt Instrument [Line Items]
Principal amount borrowing outstanding			$ 217,000,000
Effective interest rate			0.0582
Outstanding borrowings				$ 0
Line of Credit Facility, Percentage of Positive Net Income as Part of Amended and Restated Revolving Credit Agreement			50%
Line Of Credit Facility, Percentage of Net Cash Proceeds as Part of Amended And Restated				50%
Line Of Credit Facility, Minimum Consolidated Net Worth Covenant			$ 1,156,000,000
Debt Instrument, Covenant Description			The Second Amended and Restated Revolving Credit Agreement contains certain covenants customary with such agreements, which are generally consistent with the covenants applicable to Woodward’s long-term debt agreements, and contains customary events of default, including certain cross default provisions related to Woodward’s other outstanding material debt arrangements, the occurrence of which would permit the lenders to accelerate the amounts due thereunder. In addition, the Second Amended and Restated Revolving Credit Agreement includes the following financial covenants: (i) a maximum permitted leverage ratio of consolidated net debt to consolidated earnings before interest, taxes, depreciation, stock-based compensation, and amortization, plus any unusual non-cash charges to the extent deducted in computing net income and transaction costs associated with permitted acquisitions (incurred within six-months of the permitted acquisition), minus any unusual non-cash gains to the extent added in computing net income (“Leverage Ratio”) for Woodward and its consolidated subsidiaries of 3.5 to 1.0, which ratio, subject to certain restrictions, may increase to 4.0 to 1.0 for each period of four consecutive quarters during which a permitted acquisition occurs, and (ii) a minimum consolidated net worth of $1,156,000 plus (a) 50% of Woodward’s positive net income for the prior fiscal year and (b) 50% of Woodward’s net cash proceeds resulting from certain issuances of stock, subject to certain adjustments.
Debt issuance costs			$ 2,236,000
Second Amended And Restated Revolving Credit Agreement [Member] \| Minimum [Member]
Debt Instrument [Line Items]
Leverage ratio			0.35
Second Amended And Restated Revolving Credit Agreement [Member] \| Maximum [Member]
Debt Instrument [Line Items]
Leverage ratio			0.4
Note Purchase Agreement [Member]
Debt Instrument [Line Items]
Face amount		$ 250,000,000
First Closing Notes [Member]
Debt Instrument [Line Items]
Issuance date		Oct. 01, 2013
USD Notes [Member]
Debt Instrument [Line Items]
Issuance date		Nov. 15, 2013
Series H and K Notes [Member]
Debt Instrument [Line Items]
Payment of principal balance	$ 75,000,000
2016 Note Purchase Agreements [Member]
Debt Instrument [Line Items]
Face amount \| €							€ 160,000,000
Issuance date			Sep. 23, 2016
Series M Notes [Member]
Debt Instrument [Line Items]
Maturity date			Sep. 23, 2026
Face amount \| €							40,000,000
Series N Notes [Member]
Debt Instrument [Line Items]
Face amount \| €							77,000,000
Series O Notes [Member]
Debt Instrument [Line Items]
Face amount \| €							€ 43,000,000
2018 Note Purchase Agreement [Member]
Debt Instrument [Line Items]
Face amount						$ 400,000,000
Series P Notes [Member]
Debt Instrument [Line Items]
Face amount						85,000,000
Series P Notes [Member] \| Cross Currency Interest Rate Swaps [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Effective Percentage			1.82%
Series P Notes [Member] \| 2020 Floating-Rate Cross-Currency Swap and 2020 Fixed-Rate Cross-Currency Swaps [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Effective Percentage			3.44%
Series Q Notes [Member]
Debt Instrument [Line Items]
Face amount						85,000,000
Series Q Notes [Member] \| Cross Currency Interest Rate Swaps [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Effective Percentage			2.15%
Series Q Notes [Member] \| 2020 Floating-Rate Cross-Currency Swap and 2020 Fixed-Rate Cross-Currency Swaps [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Effective Percentage			3.44%
Series R Notes [Member]
Debt Instrument [Line Items]
Face amount						75,000,000
Series R Notes [Member] \| Cross Currency Interest Rate Swaps [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Effective Percentage			2.42%
Series R Notes [Member] \| 2020 Floating-Rate Cross-Currency Swap and 2020 Fixed-Rate Cross-Currency Swaps [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Effective Percentage			3.45%
Series S Notes [Member]
Debt Instrument [Line Items]
Face amount						75,000,000
Series S Notes [Member] \| Cross Currency Interest Rate Swaps [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Effective Percentage			2.55%
Series S Notes [Member] \| 2020 Floating-Rate Cross-Currency Swap and 2020 Fixed-Rate Cross-Currency Swaps [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Effective Percentage			3.50%
Series T Notes [Member]
Debt Instrument [Line Items]
Face amount						$ 80,000,000
Series T Notes [Member] \| Cross Currency Interest Rate Swaps [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Effective Percentage			2.90%
Series T Notes [Member] \| 2020 Floating-Rate Cross-Currency Swap and 2020 Fixed-Rate Cross-Currency Swaps [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate, Effective Percentage			3.62%
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity			$ 1,000,000,000
Line of credit facility, maximum borrowing capacity extension			$ 1,500,000,000
Maturity date			Oct. 21, 2027
Outstanding borrowings			$ 217,000,000
Revolving Credit Facility [Member] \| Minimum [Member] \| SOFR [Member]
Debt Instrument [Line Items]
Basis spread on variable rate			0.875%
Revolving Credit Facility [Member] \| Maximum [Member] \| SOFR [Member]
Debt Instrument [Line Items]
Basis spread on variable rate			1.75%
Foreign Lines of Credit and Overdraft Facilities [Member]
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity			$ 25,604,000
Short-term debt			0	$ 0
Revolving Credit Agreement [Member]
Debt Instrument [Line Items]
Balance of unamortized debt issuance costs, line of credit			$ 1,977,000	$ 2,636,000

Credit Facilities, Short-term_5

Credit Facilities, Short-term Borrowings and Long-term Debt (Schedule of Long-term Debt) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Debt Instrument [Line Items]
Long-term debt	$ 655,470	$ 721,526
Unamortized debt issuance costs	(890)	(1,145)
Less: Current portion of long-term debt	85,719	75,817
Long-term debt, less current portion	$ 569,751	645,709
Series H Notes [Member] \| Notes Payable to Banks [Member]
Debt Instrument [Line Items]
Long-term debt		25,000
Interest rate	4.03%
Maturity date	Nov. 15, 2023
Series I Notes [Member] \| Notes Payable to Banks [Member]
Debt Instrument [Line Items]
Long-term debt	$ 25,000	25,000
Interest rate	4.18%
Maturity date	Nov. 15, 2025
Series K Notes [Member] \| Notes Payable to Banks [Member]
Debt Instrument [Line Items]
Long-term debt		50,000
Interest rate	4.03%
Maturity date	Nov. 15, 2023
Series L Notes [Member] \| Notes Payable to Banks [Member]
Debt Instrument [Line Items]
Long-term debt	$ 50,000	50,000
Interest rate	4.18%
Maturity date	Nov. 15, 2025
Series M Notes [Member]
Debt Instrument [Line Items]
Maturity date	Sep. 23, 2026
Series M Notes [Member] \| Notes Payable to Banks [Member]
Debt Instrument [Line Items]
Long-term debt	$ 44,656	42,280
Interest rate	1.12%
Maturity date	Sep. 23, 2026
Series N Notes [Member] \| Notes Payable to Banks [Member]
Debt Instrument [Line Items]
Long-term debt	$ 85,963	81,390
Interest rate	1.31%
Maturity date	Sep. 23, 2028
Series O Notes [Member] \| Notes Payable to Banks [Member]
Debt Instrument [Line Items]
Long-term debt	$ 48,005	45,451
Interest rate	1.57%
Maturity date	Sep. 23, 2031
Series P Notes [Member] \| Notes Payable to Banks [Member]
Debt Instrument [Line Items]
Long-term debt	$ 85,000	85,000
Interest rate	4.27%
Maturity date	May 30, 2025
Series Q Notes [Member] \| Notes Payable to Banks [Member]
Debt Instrument [Line Items]
Long-term debt	$ 85,000	85,000
Interest rate	4.35%
Maturity date	May 30, 2027
Series R Notes [Member] \| Notes Payable to Banks [Member]
Debt Instrument [Line Items]
Long-term debt	$ 75,000	75,000
Interest rate	4.41%
Maturity date	May 30, 2029
Series S Notes [Member] \| Notes Payable to Banks [Member]
Debt Instrument [Line Items]
Long-term debt	$ 75,000	75,000
Interest rate	4.46%
Maturity date	May 30, 2030
Finance Leases [Member] \| Notes Payable to Banks [Member]
Debt Instrument [Line Items]
Long-term debt	$ 2,736	3,550
Series T Notes [Member] \| Notes Payable to Banks [Member]
Debt Instrument [Line Items]
Long-term debt	$ 80,000	$ 80,000
Interest rate	4.61%
Maturity date	May 30, 2033

Credit Facilities, Short-term_6

Credit Facilities, Short-term Borrowings and Long-term Debt (Schedule of Future Principal Payments of Notes and Financing Leases) (Details) $ in Thousands	Sep. 30, 2024 USD ($)
Debt Disclosure [Abstract]
2025	$ 85,719
2026	119,658
2027	85,021
2028	87,209
2029	75,000
Thereafter	203,753
Notes and financing leases	$ 656,360

Accrued Liabilities (Accrued Li

Accrued Liabilities (Accrued Liabilities) (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Accrued Liabilities, Current [Abstract]
Salaries and other member benefits	$ 151,921	$ 146,713
Product warranties and related liabilities	18,844	18,162	$ 40,042	$ 17,481
Interest payable	12,163	13,611
Accrued retirement benefits	2,888	2,822
Net current contract liabilities	56,791	33,748
Taxes, other than income	15,884	13,436
Other	34,151	34,124
Accrued liabilities	$ 292,642	$ 262,616

Accrued Liabilities (Changes in

Accrued Liabilities (Changes in Accrued Product Warranties and Related Liabilities) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Accrued Liabilities, Current [Abstract]
Beginning of period	$ 18,162	$ 40,042	$ 17,481
Additions, net of recoveries	13,797	25,984	29,827
Reductions for settlement	(13,368)	(47,949)	(6,937)
Foreign currency exchange rate changes	253	85	(329)
End of period	$ 18,844	$ 18,162	$ 40,042

Accrued Liabilities (Narrative)

Accrued Liabilities (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Restructuring Cost and Reserve [Line Items]
Restructuring charges	$ 0	$ 5,172	$ (3,420)
Hydraulics Systems and Engine Systems [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring charges		$ 5,172	$ 1,083	$ 5,008
Restructuring Reserve, Accrual Adjustment	$ 4,503

Accrued Liabilities (Changes _2

Accrued Liabilities (Changes in Restructuring Reserve Activity) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	$ 0	$ 5,172	$ (3,420)
Restructuring Charges, Statement of Income or Comprehensive Income [Extensible Enumeration]		Restructuring Charges	Restructuring Charges
Employee Severance [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring charges, beginning of period		$ 1,083
Restructuring Charges		5,172
Payments		(6,290)
Non-cash activity		35
Restructuring charges, end of period			$ 1,083
Employee Severance [Member] \| Cost Reduction Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Charges		5,172
Payments		(5,207)
Non-cash activity		35
Employee Severance [Member] \| Aerospace [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring charges, beginning of period		139
Payments		(139)
Restructuring charges, end of period			139
Employee Severance [Member] \| Industrial [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring charges, beginning of period		944
Payments		$ (944)
Restructuring charges, end of period			$ 944

Other Liabilities (Schedule of

Other Liabilities (Schedule of Other Liabilities) (Details) - USD ($) $ in Thousands		Sep. 30, 2024	Sep. 30, 2023
Other Liabilities, Noncurrent [Abstract]
Net accrued retirement benefits, less amounts recognized within accrued liabilities		$ 83,094	$ 72,570
Total unrecognized tax benefits		10,104	8,020
Noncurrent income taxes payable		5,894	10,714
Deferred economic incentives	[1]	7,062	5,797
Noncurrent operating lease liabilities		22,670	20,685
Cross-currency swap derivative liability		10,562
Net noncurrent contract liabilities		424,609	414,657
Other		13,385	11,047
Other liabilities		$ 577,380	$ 543,490

[1] Woodward receives certain economic incentives from various state and local authorities related to capital expansion projects. Such amounts are initially recorded as deferred credits and are being recognized as a reduction to pre-tax expense over the economic lives of the related capital expansion projects.

Other (Income) Expense, Net (Sc

Other (Income) Expense, Net (Schedule of Other (Income) Expense, Net) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Equity interest in the earnings of the JV	$ (41,191)	$ (36,846)	$ (18,193)
Net (gain) loss on sales of assets and businesses	(457)	1,491	(1,775)
Gain on non-recurring matter related to a previous acquisition	(4,803)
Rent income	(347)	(360)	(672)
Net (gain) loss on investments in deferred compensation program	(6,571)	(3,265)	6,295
Other components of net periodic pension and other postretirement benefit, excluding service cost and interest expense	11,764	10,547	11,572
Other	(2,035)	(764)	(774)
Other (income) expense, net	$ (67,168)	$ (50,291)	$ (26,691)

Income Taxes (Components of Inc

Income Taxes (Components of Income Tax Expense (Benefit)) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Current:
Federal	$ 46,102	$ 41,195	$ 21,869
State	4,841	2,641	2,310
Foreign	74,663	39,719	27,577
Deferred:
Federal	(18,888)	(38,136)	(13,216)
State	(7,341)	(10,006)	(8,623)
Foreign	(18,377)	7,987	(1,717)
Income tax expense	$ 81,000	$ 43,400	$ 28,200

Income Taxes (Earnings Before I

Income Taxes (Earnings Before Income Taxes by Geographical Area) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Income Tax Disclosure [Abstract]
United States	$ 244,320	$ 122,389	$ 99,427
Other countries	209,651	153,379	100,471
Earnings before income taxes	$ 453,971	$ 275,768	$ 199,898

Income Taxes (Schedule of Defer

Income Taxes (Schedule of Deferred Tax Assets and Liabilities) (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Sep. 30, 2023
Deferred tax assets:
Defined benefit plans, other postretirement	$ 3,695	$ 3,769
Foreign net operating loss carryforwards	6,547	3,748
Inventory	77,013	68,034
Stock-based and other compensation	48,360	51,099
Deferred revenue net of unbilled receivables	43,400	46,283
Other reserves	7,850	8,244
Tax credits and incentives	30,886	28,319
Lease obligations	6,851	6,103
Other	4,622	4,476
Valuation allowance	(5,983)	(3,827)
Capitalized research and development costs	63,080	37,328
Total deferred tax assets, net of valuation allowance	286,321	253,576
Deferred tax liabilities:
Goodwill and intangibles - net	(198,012)	(194,891)
Property, plant and equipment	(97,340)	(99,547)
Right of use assets	(6,691)	(5,948)
Defined benefit plans, pension	(13,133)	(9,892)
Other	(8,612)	(17,568)
Total deferred tax liabilities	(323,788)	(327,846)
Net deferred tax liabilities	$ (37,467)	$ (74,270)

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
Income Taxes (Narrative) (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2020
Income Taxes [Line Items]
Statutory tax rate	21%	21%	21%
Net operating loss deferred tax asset, foreign	$ 6,547	$ 3,748
Tax credits and incentives	30,886	28,319
Undistributed foreign earnings not provided for taxes	361,600
Unrecognized tax benefits that, if recognized, would affect the effective tax rate	8,003	$ 6,963
Possible decrease in unrecognized tax benefits liability	1,909
Booking of associated net deferred tax liability	$ 6,100
Domestic Tax Authority [Member]
Income Taxes [Line Items]
Year remaining open to tax examination				2021
Foreign Jurisdiction [Member]
Income Taxes [Line Items]
Year remaining open to tax examination				2018
State and Local Jurisdiction [Member]
Income Taxes [Line Items]
Year remaining open to tax examination				2018

Income Taxes (Reconciliation of

Income Taxes (Reconciliation of U.S Statutory Rate to Effective Tax Rate) (Details)	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Income Tax Disclosure [Abstract]
Statutory tax rate	21%	21%	21%
State income taxes, net of federal tax benefit	(0.40%)	(1.60%)	(2.50%)
Taxes on international activities	(0.80%)	(0.60%)	0.80%
Research credit	(2.10%)	(3.90%)	(4.50%)
Net excess income tax benefit from stock-based compensation	(3.00%)	(3.70%)	(2.50%)
Adjustments of prior period tax items	0.90%	(1.30%)
Compensation and benefits	0.80%	0.60%	0.30%
Distributable foreign earnings	1.40%	4.60%
Other items, net	0%	0.60%	1.50%
Effective tax rate	17.80%	15.70%	14.10%

Income Taxes (Reconciliation _2

Income Taxes (Reconciliation of the Beginning and Ending Amounts of Gross Unrecognized Tax Benefits) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Income Tax Disclosure [Abstract]
Beginning Balance	$ 11,112	$ 11,938	$ 15,199
Additions to current year tax positions	5,673	3,933	1,783
Reductions to prior year tax positions	(99)	(141)	(963)
Additions to prior year tax positions	180		112
Lapse of applicable statute of limitations	(2,592)	(4,618)	(4,193)
Ending Balance	$ 14,274	$ 11,112	$ 11,938

Retirement Benefits (Narrative)

Retirement Benefits (Narrative) (Details) shares in Thousands, $ in Thousands	12 Months Ended
	Sep. 30, 2024 USD ($) yr shares	Sep. 30, 2023 USD ($) shares	Sep. 30, 2022 USD ($) shares
Defined Benefit Plan Disclosure [Line Items]
Percentage of annual contribution equal to eligible prior year wages	5%
Common shares issued from treasury to settle benefit obligations	$ 21,889	$ 19,466	$ 17,132
Shares of woodward stock held in woodward retirement savings plan \| shares	2,222	2,441
Accrued liabilities	$ 19,532	$ 16,634
Treasury Stock [Member]
Defined Benefit Plan Disclosure [Line Items]
Common shares issued from treasury to settle benefit obligations	$ 7,922	$ 8,523	$ 6,567
Common shares issued from treasury stock for benefit plans, shares \| shares	159	188	150
Defined Benefit Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Current portion of pension obligation	$ 1,166	$ 1,084
Projected benefit obligation	218,302	194,485	$ 197,921
Fair value of plan assets	237,393	206,145	202,060
Defined Benefit Pension Plan [Member] \| Cash and Cash Equivalents
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	5,500	2,534
Defined Benefit Pension Plan [Member] \| Pooled funds: Index linked U.K. government securities fund [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	12,049	14,601
Defined Benefit Pension Plan [Member] \| Pooled funds: Index linked U.K. long-term government securities fund [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 14,924	4,485
Defined Benefit Pension Plan [Member] \| United States [Member]
Defined Benefit Plan Disclosure [Line Items]
Discount rate support/source data	In the United States, Woodward uses a bond portfolio matching analysis based on recently traded, non-callable bonds rated AA or better that have at least $50 million outstanding to determine the benefit obligations at year end
Convergence period	5 years
Long term rate	0.75
Projected benefit obligation	$ 140,955	127,222	132,444
Fair value of plan assets	179,917	155,370	154,481
Accumulated benefit obligation	140,955
Estimated future employer contributions in the next fiscal year	0
Defined Benefit Pension Plan [Member] \| Foreign Plan
Defined Benefit Plan Disclosure [Line Items]
Current portion of pension obligation	$ 1,166	1,084
Discount rate support/source data	In the United Kingdom, Germany, and Japan, Woodward uses a high-quality corporate bond yield curve matched with separate cash flows to develop a single rate to determine the single rate equivalent to settle the entire benefit obligations in each jurisdiction. For the fiscal years ended September 30, 2024 and 2023, the discount rate used to determine periodic service cost and interest cost components of the overall benefit costs was based on spot rates derived from the same high-quality corporate bond yield curve used to determine the September 30, 2023 and 2022 benefit obligation, respectively, matched with separate cash flows for each future year
Projected benefit obligation	$ 77,347	67,263	65,477
Fair value of plan assets	57,476	50,775	47,579
Defined Benefit Pension Plan [Member] \| United Kingdom
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	34,220
Fair value of plan assets	48,098
Accumulated benefit obligation	33,766
Estimated future employer contributions in the next fiscal year	277
Defined Benefit Pension Plan [Member] \| Japan
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	6,747
Fair value of plan assets	9,378
Accumulated benefit obligation	5,958
Estimated future employer contributions in the next fiscal year	147
Defined Benefit Pension Plan [Member] \| Germany [Member]
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	36,380
Fair value of plan assets	0
Accumulated benefit obligation	36,380
Estimated future employer contributions in the next fiscal year	$ 1,185
Defined Benefit Pension Plan [Member] \| Japan And United Kingdom [Member]
Defined Benefit Plan Disclosure [Line Items]
Annual improvement rate	1.5
Other Postretirement Benefit Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Current portion of pension obligation	$ 1,668	1,739
Net periodic retirement (benefit) cost	347	410	484
Projected benefit obligation	15,203	15,336	$ 16,797
Accumulated benefit obligation	$ 15,203	15,336
Option to elect company provided medical insurance coverage up to this age and a Medicare supplemental plan after this age \| yr	65
Age employees were eligible to participate in plan \| yr	55
Defined benefit plan, minimum years of service required for employees to be eligible for benefits			10 years
Approximate number of retired employees and their covered dependents and beneficiaries currently providing postretirement benefits	3
Approximate number of active employees and their covered dependants and beneficiaries who may receive postretirement benefits in the future	347
As a result of a plan amendment, all postretirement medical benefits are fully insured for retirees who have attained this age	65
Other Postretirement Benefit Plans [Member] \| United States [Member]
Defined Benefit Plan Disclosure [Line Items]
Discount rate support/source data	Woodward used a bond portfolio matching analysis based on recently traded, non-callable bonds rated AA or better that have at least $50 million outstanding to determine the benefit obligations at year end
Convergence period	5 years
Long term rate	0.75
Woodward Retirement Savings Plan [Member] \| United States [Member]
Defined Benefit Plan Disclosure [Line Items]
Accumulated benefit obligation		127,222
Woodward Retirement Savings Plan [Member] \| United Kingdom
Defined Benefit Plan Disclosure [Line Items]
Accumulated benefit obligation		30,067
Woodward Retirement Savings Plan [Member] \| Japan
Defined Benefit Plan Disclosure [Line Items]
Accumulated benefit obligation		5,790
Woodward Retirement Savings Plan [Member] \| Germany [Member]
Defined Benefit Plan Disclosure [Line Items]
Accumulated benefit obligation		$ 30,547

Retirement Benefits (Schedule o

Retirement Benefits (Schedule of Amount of Expense Associated with Defined Contribution Plans) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Retirement Benefits [Abstract]
Company costs	$ 51,148	$ 44,202	$ 40,898

Retirement Benefits (Schedule_2

Retirement Benefits (Schedule of Assumptions Used) (Details)	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Defined Benefit Pension Plan [Member] \| United States [Member]
Weighted-average assumptions to determine benefit obligation:
Discount rate	5.05%	6.20%	5.70%
Weighted-average assumptions to determine periodic benefit costs:
Discount rate	6.20%	5.70%	3.05%
Long-term rate of return on plan assets	6.03%	5.53%	5%
Defined Benefit Pension Plan [Member] \| United Kingdom
Weighted-average assumptions to determine benefit obligation:
Discount rate	5.28%	5.85%	5.35%
Rate of compensation increase	3.40%	3.60%	4%
Weighted-average assumptions to determine periodic benefit costs:
Long-term rate of return on plan assets	4.90%	4.80%	3.80%
Discount rate - service cost	5.91%	4.99%	2.15%
Discount rate - interest cost	5.84%	5.71%	1.83%
Rate of compensation increase	3.60%	4%	4%
Defined Benefit Pension Plan [Member] \| Japan
Weighted-average assumptions to determine benefit obligation:
Discount rate	1.92%	2.01%	1.60%
Rate of compensation increase	3%	2%	2%
Weighted-average assumptions to determine periodic benefit costs:
Long-term rate of return on plan assets	3.25%	2.75%	2%
Discount rate - service cost	2.20%	1.78%	1.13%
Discount rate - interest cost	1.58%	1.17%	0.65%
Rate of compensation increase	2%	2%	2.25%
Defined Benefit Pension Plan [Member] \| Germany [Member]
Weighted-average assumptions to determine benefit obligation:
Discount rate	3.58%	4.27%	3.97%
Rate of compensation increase	2.50%	2.50%	2.50%
Weighted-average assumptions to determine periodic benefit costs:
Discount rate - service cost	4.23%	3.95%	1.54%
Discount rate - interest cost	4.29%	3.91%	1.06%
Rate of compensation increase	2.50%	2.50%	2.50%
Other Postretirement Benefit Plans [Member]
Weighted-average assumptions to determine benefit obligation:
Discount rate	5%	6.25%	5.70%
Weighted-average assumptions to determine periodic benefit costs:
Discount rate	6.25%	5.70%	2.80%

Retirement Benefits (Schedule_3

Retirement Benefits (Schedule of Net Periodic Benefit Costs) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Defined Benefit Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 2,019	$ 2,226	$ 3,893
Interest cost	10,811	10,434	6,893
Expected return on plan assets	(11,490)	(10,597)	(13,287)
Amortization of: Net loss (gain)	(453)	(328)	814
Amortization of: Net prior service cost	721	720	1,004
Net periodic cost (benefit)	1,608	2,455	(683)
Other Postretirement Benefit Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost		1	1
Interest cost	902	904	577
Amortization of: Net loss (gain)	(555)	(495)	(94)
Net periodic cost (benefit)	347	410	484
United States [Member] \| Defined Benefit Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	775	893	1,554
Interest cost	7,598	7,297	5,281
Expected return on plan assets	(9,084)	(8,297)	(10,853)
Amortization of: Net loss (gain)	226	292	259
Amortization of: Net prior service cost	698	698	981
Net periodic cost (benefit)	213	883	(2,778)
Foreign Plan \| Defined Benefit Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost	1,244	1,333	2,339
Interest cost	3,213	3,137	1,612
Expected return on plan assets	(2,406)	(2,300)	(2,434)
Amortization of: Net loss (gain)	(679)	(620)	555
Amortization of: Net prior service cost	23	22	23
Net periodic cost (benefit)	$ 1,395	$ 1,572	$ 2,095

Retirement Benefits (Schedule_4

Retirement Benefits (Schedule of Changes in Projected Benefit Obligations, Fair Value of Plan Assets, and Funded Status of Plan) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Defined Benefit Pension Plan [Member]
Changes in projected benefit obligation:
Projected benefit obligation at beginning of year	$ 194,485	$ 197,921
Plan amendment	1,121
Service cost	2,019	2,226
Interest cost	10,811	10,434
Net actuarial loss (gain)	17,377	(9,388)
Contribution by participants	12	11
Benefits paid	(12,657)	(11,831)
Foreign currency exchange rate changes	5,134	5,112
Projected benefit obligation at end of year	218,302	194,485	$ 197,921
Changes in fair value of plan assets:
Fair value of plan assets at beginning of year	206,145	202,060
Actual return on plan assets	37,248	9,928
Contributions by the Company	2,038	2,322
Contribution by participants	12	11
Benefits paid	(12,657)	(11,831)
Foreign currency exchange rate changes	4,607	3,655
Fair value of plan assets at end of year	237,393	206,145	202,060
Net over/(under) funded status at end of year	19,091	11,660
Other Postretirement Benefits Plan [Member]
Changes in projected benefit obligation:
Projected benefit obligation at beginning of year	15,336	16,797
Service cost		1	1
Interest cost	902	904	577
Net actuarial loss (gain)	597	(682)
Contribution by participants	834	873
Benefits paid	(2,466)	(2,557)
Projected benefit obligation at end of year	15,203	15,336	16,797
Changes in fair value of plan assets:
Contributions by the Company	1,632	1,684
Contribution by participants	834	873
Benefits paid	(2,466)	(2,557)
Net over/(under) funded status at end of year	(15,203)	(15,336)
United States [Member] \| Defined Benefit Pension Plan [Member]
Changes in projected benefit obligation:
Projected benefit obligation at beginning of year	127,222	132,444
Plan amendment	1,121
Service cost	775	893
Interest cost	7,598	7,297
Net actuarial loss (gain)	13,249	(4,946)
Benefits paid	(9,010)	(8,466)
Projected benefit obligation at end of year	140,955	127,222	132,444
Changes in fair value of plan assets:
Fair value of plan assets at beginning of year	155,370	154,481
Actual return on plan assets	33,382	9,355
Contributions by the Company	175
Benefits paid	(9,010)	(8,466)
Fair value of plan assets at end of year	179,917	155,370	154,481
Net over/(under) funded status at end of year	38,962	28,148
Foreign Plan \| Defined Benefit Pension Plan [Member]
Changes in projected benefit obligation:
Projected benefit obligation at beginning of year	67,263	65,477
Service cost	1,244	1,333
Interest cost	3,213	3,137
Net actuarial loss (gain)	4,128	(4,442)
Contribution by participants	12	11
Benefits paid	(3,647)	(3,365)
Foreign currency exchange rate changes	5,134	5,112
Projected benefit obligation at end of year	77,347	67,263	65,477
Changes in fair value of plan assets:
Fair value of plan assets at beginning of year	50,775	47,579
Actual return on plan assets	3,866	573
Contributions by the Company	1,863	2,322
Contribution by participants	12	11
Benefits paid	(3,647)	(3,365)
Foreign currency exchange rate changes	4,607	3,655
Fair value of plan assets at end of year	57,476	50,775	$ 47,579
Net over/(under) funded status at end of year	$ (19,871)	$ (16,488)

Retirement Benefits (Schedule_5

Retirement Benefits (Schedule of Accumulated Benefit Obligations In Excess of and Less Than Fair Value of Plan Assets) (Details) - Defined Benefit Pension Plan [Member] - USD ($) $ in Thousands	Sep. 30, 2024	Sep. 30, 2023
Plans with accumulated benefit obligation in excess of plan assets
Projected benefit obligation, plans with ABO in excess of plan assets	$ (56,783)	$ (49,726)
Accumulated benefit obligation, plans with ABO in excess of plan assets	(56,757)	(49,711)
Fair value of plan assets, plans with ABO in excess of plan assets	20,053	18,047
Plans with accumulated benefit obligation less than plan assets
Projected benefit obligation, plans with ABO less than plan assets	(161,519)	(144,759)
Accumulated benefit obligation, plans with ABO less than plan assets	(160,302)	(143,914)
Fair value of plan assets, plans with ABO less than plan assets	$ 217,340	$ 188,098

Retirement Benefits (Schedule_6

Retirement Benefits (Schedule of Amounts Recognized in Balance Sheets and Accumulated Other Comprehensive (Earnings) Losses) (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Defined Benefit Pension Plan [Member]
Amounts recognized in the Consolidated Balance Sheets consist of:
Other non-current assets	$ 55,821	$ 43,339
Accrued liabilities	(1,166)	(1,084)
Other non-current liabilities	(35,564)	(30,595)
Net over/(under) funded status at end of year	19,091	11,660
Amounts recognized in accumulated other comprehensive (earnings) losses consist of:
Unrecognized net prior service cost (benefit)	3,709	3,264
Unrecognized net losses (gains)	(7,404)	680
Total amounts recognized	(3,695)	3,944	$ 13,300
Deferred taxes	(3,690)	(5,293)
Amounts recognized in accumulated other comprehensive (earnings)	(7,385)	(1,349)
Other Postretirement Benefit Plans [Member]
Amounts recognized in the Consolidated Balance Sheets consist of:
Accrued liabilities	(1,668)	(1,739)
Other non-current liabilities	(13,535)	(13,597)
Net over/(under) funded status at end of year	(15,203)	(15,336)
Amounts recognized in accumulated other comprehensive (earnings) losses consist of:
Unrecognized net losses (gains)	(5,260)	(6,412)
Total amounts recognized	(5,260)	(6,412)	(6,225)
Deferred taxes	1,009	1,292
Amounts recognized in accumulated other comprehensive (earnings)	(4,251)	(5,120)
United States [Member] \| Defined Benefit Pension Plan [Member]
Amounts recognized in the Consolidated Balance Sheets consist of:
Other non-current assets	39,148	29,172
Other non-current liabilities	(186)	(1,024)
Net over/(under) funded status at end of year	38,962	28,148
Amounts recognized in accumulated other comprehensive (earnings) losses consist of:
Unrecognized net prior service cost (benefit)	3,200	2,777
Unrecognized net losses (gains)	(2,749)	8,527
Total amounts recognized	451	11,304	18,297
Deferred taxes	(3,499)	(6,101)
Amounts recognized in accumulated other comprehensive (earnings)	(3,048)	5,203
Foreign Plan \| Defined Benefit Pension Plan [Member]
Amounts recognized in the Consolidated Balance Sheets consist of:
Other non-current assets	16,673	14,167
Accrued liabilities	(1,166)	(1,084)
Other non-current liabilities	(35,378)	(29,571)
Net over/(under) funded status at end of year	(19,871)	(16,488)
Amounts recognized in accumulated other comprehensive (earnings) losses consist of:
Unrecognized net prior service cost (benefit)	509	487
Unrecognized net losses (gains)	(4,655)	(7,847)
Total amounts recognized	(4,146)	(7,360)	$ (4,997)
Deferred taxes	(191)	808
Amounts recognized in accumulated other comprehensive (earnings)	$ (4,337)	$ (6,552)

Retirement Benefits (Schedule_7

Retirement Benefits (Schedule of Changes in Plan Assets and Benefit Obligations Recorded in Other Comprehensive (Earnings) Losses) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Defined Benefit Plan Disclosure [Line Items]
Net loss (gain) arising during the period	$ (7,826)	$ (9,401)	$ (6,318)
Prior service cost	1,121	0	0
Amortization of: Net (loss) gain	1,049	823	(720)
Prior service (cost) benefit	(721)	(720)	(1,004)
Foreign currency exchange rate changes on minimum retirement benefit liabilities	110	247	1,158
Defined Benefit Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Beginning of year	3,944	13,300
Net loss (gain) arising during the period	(8,382)	(8,719)
Prior service cost	1,121
Amortization of: Net (loss) gain	453	328
Prior service (cost) benefit	(721)	(720)
Foreign currency exchange rate changes on minimum retirement benefit liabilities	(110)	(245)
End of year	(3,695)	3,944	13,300
Defined Benefit Pension Plan [Member] \| United States [Member]
Defined Benefit Plan Disclosure [Line Items]
Beginning of year	11,304	18,297
Net loss (gain) arising during the period	(11,050)	(6,003)
Prior service cost	1,121
Amortization of: Net (loss) gain	(226)	(292)
Prior service (cost) benefit	(698)	(698)
End of year	451	11,304	18,297
Defined Benefit Pension Plan [Member] \| Foreign Plan
Defined Benefit Plan Disclosure [Line Items]
Beginning of year	(7,360)	(4,997)
Net loss (gain) arising during the period	2,668	(2,716)
Amortization of: Net (loss) gain	679	620
Prior service (cost) benefit	(23)	(22)
Foreign currency exchange rate changes on minimum retirement benefit liabilities	(110)	(245)
End of year	(4,146)	(7,360)	(4,997)
Other Postretirement Benefit Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Beginning of year	(6,412)	(6,225)
Net loss (gain) arising during the period	597	(682)
Amortization of: Net (loss) gain	555	495
End of year	$ (5,260)	$ (6,412)	$ (6,225)

Retirement Benefits (Schedule_8

Retirement Benefits (Schedule of Expected Benefit Payments) (Details) $ in Thousands	Sep. 30, 2024 USD ($)
Defined Benefit Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
2025	$ 13,190
2026	13,653
2027	14,021
2028	14,528
2029	14,752
2030-2034	77,658
Other Postretirement Benefit Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
2025	2,519
2026	2,447
2027	2,357
2028	2,267
2029	2,171
2030-2034	9,101
United States [Member] \| Defined Benefit Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
2025	9,637
2026	9,997
2027	10,253
2028	10,481
2029	10,655
2030-2034	53,308
Foreign Plan \| Defined Benefit Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
2025	3,553
2026	3,656
2027	3,768
2028	4,047
2029	4,097
2030-2034	$ 24,350

Retirement Benefits (Schedule_9

Retirement Benefits (Schedule of Allocation of Plan Assets, Actual and Target Allocations) (Details) - Defined Benefit Pension Plan [Member]	Sep. 30, 2024	Sep. 30, 2023
United States [Member]
Defined Benefit Plan Disclosure [Line Items]
Percentage of Plan Assets	100%	100%
United States [Member] \| Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Percentage of Plan Assets	30.50%	31.90%
United States [Member] \| Equity Securities \| Minimum [Member]
Defined Benefit Plan Disclosure [Line Items]
Target Allocation Ranges	2.30%	2.30%
United States [Member] \| Equity Securities \| Maximum [Member]
Defined Benefit Plan Disclosure [Line Items]
Target Allocation Ranges	51.10%	51.20%
United States [Member] \| Debt Securities
Defined Benefit Plan Disclosure [Line Items]
Percentage of Plan Assets	67.60%	66.60%
United States [Member] \| Debt Securities \| Minimum [Member]
Defined Benefit Plan Disclosure [Line Items]
Target Allocation Ranges	58.90%	58.80%
United States [Member] \| Debt Securities \| Maximum [Member]
Defined Benefit Plan Disclosure [Line Items]
Target Allocation Ranges	96.70%	96.50%
United States [Member] \| Other Investment Asset
Defined Benefit Plan Disclosure [Line Items]
Percentage of Plan Assets	1.90%	1.50%
United States [Member] \| Other Investment Asset \| Minimum [Member]
Defined Benefit Plan Disclosure [Line Items]
Target Allocation Ranges	0%	0%
United Kingdom
Defined Benefit Plan Disclosure [Line Items]
Percentage of Plan Assets	100%	100%
United Kingdom \| Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Percentage of Plan Assets	0%	20.70%
United Kingdom \| Equity Securities \| Minimum [Member]
Defined Benefit Plan Disclosure [Line Items]
Target Allocation Ranges	0%	10%
United Kingdom \| Equity Securities \| Maximum [Member]
Defined Benefit Plan Disclosure [Line Items]
Target Allocation Ranges		30%
United Kingdom \| Debt Securities
Defined Benefit Plan Disclosure [Line Items]
Percentage of Plan Assets	95.80%	79.20%
United Kingdom \| Debt Securities \| Minimum [Member]
Defined Benefit Plan Disclosure [Line Items]
Target Allocation Ranges	90%	70%
United Kingdom \| Debt Securities \| Maximum [Member]
Defined Benefit Plan Disclosure [Line Items]
Target Allocation Ranges	100%	90%
United Kingdom \| Other Investment Asset
Defined Benefit Plan Disclosure [Line Items]
Percentage of Plan Assets	4.20%	0.10%
United Kingdom \| Other Investment Asset \| Minimum [Member]
Defined Benefit Plan Disclosure [Line Items]
Target Allocation Ranges	0%	0%
United Kingdom \| Other Investment Asset \| Maximum [Member]
Defined Benefit Plan Disclosure [Line Items]
Target Allocation Ranges	10%
Japan
Defined Benefit Plan Disclosure [Line Items]
Percentage of Plan Assets	100%	100%
Japan \| Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Percentage of Plan Assets	39.70%	40%
Japan \| Equity Securities \| Minimum [Member]
Defined Benefit Plan Disclosure [Line Items]
Target Allocation Ranges	36%	36%
Japan \| Equity Securities \| Maximum [Member]
Defined Benefit Plan Disclosure [Line Items]
Target Allocation Ranges	44%	44%
Japan \| Debt Securities
Defined Benefit Plan Disclosure [Line Items]
Percentage of Plan Assets	59.40%	60%
Japan \| Debt Securities \| Minimum [Member]
Defined Benefit Plan Disclosure [Line Items]
Target Allocation Ranges	55%	55%
Japan \| Debt Securities \| Maximum [Member]
Defined Benefit Plan Disclosure [Line Items]
Target Allocation Ranges	63%	63%
Japan \| Other Investment Asset
Defined Benefit Plan Disclosure [Line Items]
Percentage of Plan Assets	0.90%	0%
Japan \| Other Investment Asset \| Minimum [Member]
Defined Benefit Plan Disclosure [Line Items]
Target Allocation Ranges	0%	0%
Japan \| Other Investment Asset \| Maximum [Member]
Defined Benefit Plan Disclosure [Line Items]
Target Allocation Ranges	2%	2%

Retirement Benefits (Schedul_10

Retirement Benefits (Schedule of Allocation of Plan Assets, Fair Value Hierarchy) (Details) - Defined Benefit Pension Plan [Member] - USD ($) $ in Thousands	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 237,393	$ 206,145	$ 202,060
United States [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	179,917	155,370	154,481
Foreign Plan
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	57,476	50,775	$ 47,579
Level 1 [Member] \| United States [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	179,917	155,370
Level 1 [Member] \| Foreign Plan
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	2,130	149
Level 2 [Member] \| Foreign Plan
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	55,346	50,626
Cash and Cash Equivalents
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	5,500	2,534
Cash and Cash Equivalents \| Level 1 [Member] \| United States [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	3,370	2,385
Cash and Cash Equivalents \| Level 1 [Member] \| Foreign Plan
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	2,130	149
Debt Security, Corporate, US
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	121,581	103,401
Debt Security, Corporate, US \| Level 1 [Member] \| United States [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	121,581	103,401
Domestic Equity Large Cap Fund
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	33,454	31,136
Domestic Equity Large Cap Fund \| Level 1 [Member] \| United States [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	33,454	31,136
International Equity Large Cap Growth Fund
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	21,512	18,448
International Equity Large Cap Growth Fund \| Level 1 [Member] \| United States [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	21,512	18,448
Private Equity Funds Foreign Japan
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1,939	1,830
Private Equity Funds Foreign Japan \| Level 2 [Member] \| Foreign Plan
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1,939	1,830
Private Equity Funds Pooled Funds Foreign
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1,786	1,600
Private Equity Funds Pooled Funds Foreign \| Level 2 [Member] \| Foreign Plan
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1,786	1,600
Fixed Income Funds Japan
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	4,157	3,785
Fixed Income Funds Japan \| Level 2 [Member] \| Foreign Plan
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	4,157	3,785
Fixed Income Funds Foreign
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1,409	1,287
Fixed Income Funds Foreign \| Level 2 [Member] \| Foreign Plan
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1,409	1,287
Global Target Return Equity Bond Fund
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets		8,719
Global Target Return Equity Bond Fund \| Level 2 [Member] \| Foreign Plan
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets		8,719
Corporate Debt Securities United Kingdom
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	17,085	14,319
Corporate Debt Securities United Kingdom \| Level 2 [Member] \| Foreign Plan
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	17,085	14,319
Pooled funds: Index linked U.K. government securities fund [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	12,049	14,601
Pooled funds: Index linked U.K. government securities fund [Member] \| Level 2 [Member] \| Foreign Plan
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	12,049	14,601
Pooled funds: Index linked U.K. long-term government securities fund [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	14,924	4,485
Pooled funds: Index linked U.K. long-term government securities fund [Member] \| Level 2 [Member] \| Foreign Plan
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	14,924	$ 4,485
Pooled funds: Index U.K Long-term Government Securities Fund [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1,997
Pooled funds: Index U.K Long-term Government Securities Fund [Member] \| Level 2 [Member] \| Foreign Plan
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 1,997

Retirement Benefits (Schedul_11

Retirement Benefits (Schedule of Health Care Cost Trend Rates) (Details) - Other Postretirement Benefit Plans [Member]	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Defined Benefit Plan Disclosure [Line Items]
Health care cost trend rate assumed for next year	6%	6%
Rate to which the cost trend rate is assumed to decline (the ultimate trend rate)	5%	5%
Year that the rate reaches the ultimate trend rate	2030	2030

Stockholders' Equity (Summary o

Stockholders' Equity (Summary of Activity in Common Stock and Treasury Stock Share) (Details) - shares	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Balance, Common Stock, shares	72,960,000
Balance, Treasury Stock, shares	(13,070,000)
Balance, Treasury stock held for deferred compensation, shares	(55,000)
Balance, Common Stock, shares	72,960,000	72,960,000
Balance, Treasury Stock, shares	(13,787,000)	(13,070,000)
Balance, Treasury stock held for deferred compensation, shares	(45,000)	(55,000)
Common Stock [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Balance, Common Stock, shares	72,960,000	72,960,000	72,960,000
Balance, Common Stock, shares	72,960,000	72,960,000	72,960,000
Treasury Stock at Cost [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Balance, Treasury Stock, shares	(13,070,000)	(13,207,000)	(9,702,000)
Purchase of treasury stock, shares	(2,236,000)	(1,060,000)	(4,123,000)
Sales of treasury stock, shares	1,360,000	1,009,000	468,000
Common shares issued for benefit plans, shares	159,000	188,000	150,000
Balance, Treasury Stock, shares	(13,787,000)	(13,070,000)	(13,207,000)
Treasury Stock Held for Deferred Compensation [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Balance, Treasury stock held for deferred compensation, shares	(55,000)	(139,000)	(167,000)
Purchases of stock by deferred compensation, shares	(1,000)	(2,000)	(3,000)
Distribution of stock from deferred compensation, shares	11,000	86,000	31,000
Balance, Treasury stock held for deferred compensation, shares	(45,000)	(55,000)	(139,000)

Stockholders' Equity (Narrative

Stockholders' Equity (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands				1 Months Ended	12 Months Ended
	Jan. 31, 2024	Nov. 01, 2023	Jan. 31, 2022	Nov. 30, 2019	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022	Jan. 22, 2022
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total unrecognized compensation cost related to non-vested stock-based compensation arrangements					$ 26,694
Forfeiture rate, Board of Directors					0%
Forfeiture rate, non-Board of Directors					7.40%
Stock-based compensation expense, before tax					$ 33,052	$ 23,958	$ 20,109
Unrecognized compensation cost is expected to be recognized over a weighted-average period					1 year 9 months 14 days
Executive Separation and Release Agreement [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock-based compensation expense, before tax					$ 1,682	$ 1,265
Restricted Stock Units (RSUs) [Member] \| RSU Agreement prior to November 14, 2023 [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting period, in years					4 years
Vesting rate					25%
Restricted Stock Units (RSUs) [Member] \| RSUs Granted after November 14, 2023 [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting period, in years					3 years
Vesting rate					33.30%
Stock Options [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting period, in years					4 years
Vested contractual term, in years					10 years
Exercise prices of stock options outstanding					$ 86.03	$ 80.48
Weighted-average exercise price					$ 137.36
Stock Options [Member] \| RSU Agreement prior to November 14, 2023 [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting rate					25%
Performance Restricted Stock Units [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Award performance period (in years)		3 years
Performance based criteria plan payout percentage, target		100%
Discount for dividends					0%
Performance Restricted Stock Units [Member] \| Maximum [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Performance based criteria plan payout percentage		150%
Performance Restricted Stock Units [Member] \| Minimum [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Performance based criteria plan payout percentage		0%
2019 Authorization [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock repurchase program authorized amount							$ 26,742
Repurchase period in years				3 years
Stock repurchase program, number of shares authorized to be repurchased							233,000
2019 Authorization [Member] \| Maximum [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock repurchase program authorized amount				$ 500,000
2022 Authorization [Member] \| Maximum [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock repurchase program authorized amount								$ 800,000
2022 Authorization [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock repurchase program authorized amount						$ 126,380	$ 446,042
Repurchase period in years			2 years
Stock repurchase program, number of shares authorized to be repurchased						1,060,000	3,890,000
2024 Authorization [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock repurchase program authorized amount	$ 600,000				$ 390,819
Repurchase period in years	3 years
Stock repurchase program, number of shares authorized to be repurchased					2,236,000

Stockholders' Equity (Schedule

Stockholders' Equity (Schedule of Assumptions Used in Estimate of Fair Value of Stock Option Awards) (Details) - Stock Options [Member] - $ / shares	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Weighted-average exercise price per share	$ 137.36	$ 84.84	$ 115.3
Minimum [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Expected term (years)	6 years 7 months 6 days	6 years 7 months 6 days	6 years 7 months 6 days
Estimated volatility	35%	34.70%	33.80%
Estimated dividend yield	0.70%	0.70%	0.60%
Risk-free interest rate	4.20%	3.40%	1.10%
Maximum [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Expected term (years)	8 years 8 months 12 days	8 years 9 months 18 days	8 years 8 months 12 days
Estimated volatility	37.60%	37.60%	36.40%
Estimated dividend yield	0.70%	0.90%	0.80%
Risk-free interest rate	4.40%	4.40%	3.50%

Stockholders' Equity (Weighted

Stockholders' Equity (Weighted Average Grant Date Fair Value of Options Granted) (Details) - $ / shares	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Stock Options [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Weighted-average grant date fair value of options	$ 58.34	$ 34.19	$ 41.78

Stockholders' Equity (Summary_2

Stockholders' Equity (Summary of Activity for Stock Option Awards) (Details) - Stock Options [Member] shares in Thousands	12 Months Ended
	Sep. 30, 2024 $ / shares shares
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of options, Beginning balance \| shares	4,842
Granted, Number of options \| shares	87
Exercised, Number of options \| shares	(1,340)
Exercised, Number of options \| shares	(11)
Number of options, Ending balance \| shares	3,578
Weighted Average Exercise Price Per Share, Beginning balance \| $ / shares	$ 80.48
Granted, Weighted Average Exercise Price Per Share \| $ / shares	137.36
Exercised, Weighted Average Exercise Price Per Share \| $ / shares	69.23
Forfeited, Weighted Average Exercise Price Per Share \| $ / shares	96.82
Weighted Average Exercise Price Per Share, Ending balance \| $ / shares	$ 86.03

Stockholders' Equity (Changes i

Stockholders' Equity (Changes in Non-vested Stock Options) (Details) - Stock Options [Member] - $ / shares shares in Thousands	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of Options, Beginning balance	1,393
Granted, Number of options	87
Vested, Number of options	(572)
Options forfeited, Number of options	(10)
Number of Options, Ending balance	898	1,393
Weighted-Average Grant Date Fair Value Per Share, Beginning balance	$ 33.96
Options granted, Weighted-Average Grant Date Fair Value Per Share	58.34	$ 34.19	$ 41.78
Options vested, Weighted-Average Grant Date Fair Value Per Share	32.36
Options forfeited, Weighted-Average Grant Date Fair Value Per Share	37.76
Weighted-Average Grant Date Fair Value Per Share, Ending balance	$ 37.3	$ 33.96

Stockholders' Equity (Stock Opt

Stockholders' Equity (Stock Options Vested, or Expected to Vest and Exercisable) (Details) - Stock Options [Member] - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Options outstanding, Number of options	3,578	4,842
Options vested and exercisable, Number of options	2,680
Options vested and expected to vest, Number of options	3,557
Options outstanding, Weighted-Average Exercise Price	$ 86.03	$ 80.48
Options vested and exercisable, Weighted-Average Exercise Price Per Share	82.14
Options vested and expected to vest, Weighted-Average Exercise Price Per Share	$ 85.91
Options outstanding, Weighted-Average Remaining Life in Years	5 years 3 months 18 days
Options vested and exercisable, Weighted-Average Remaining Life in Years	4 years 6 months
Options vested and expected to vest, Weighted-Average Remaining Life in Years	5 years 2 months 12 days
Options outstanding, Aggregate Intrinsic Value	$ 305,872
Options vested and exercisable, Aggregate Intrinsic Value	239,541
Options vested and expected to vest, Aggregate Intrinsic Value	$ 304,515

Stockholders' Equity (Other Sto

Stockholders' Equity (Other Stock Option Information) (Details) - Stock Options [Member] - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total fair value of stock options vested	$ 18,527	$ 24,388	$ 18,945
Total intrinsic value of options exercised	115,198	67,203	32,709
Cash received from exercises of stock options	89,875	50,749	21,897
Excess tax benefit realized from exercise of stock options	$ 17,939	$ 12,595	$ 6,472

Stockholders' Equity (Summary_3

Stockholders' Equity (Summary of Activity for RSUs) (Details) - Restricted Stock Units (RSUs) [Member] shares in Thousands	12 Months Ended
	Sep. 30, 2024 $ / shares shares
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of units, Beginning balance \| shares	177
Granted, Number of units \| shares	178
Vested, Number of units \| shares	(30)
Forfeited, Number of units \| shares	(7)
Number of units, Ending balance \| shares	318
Weighted-Average Grant Date Fair Value, Beginning balance \| $ / shares	$ 93.46
Granted, Weighted-Average Grant Date Fair Value \| $ / shares	139.04
Vested, Weighted-Average Grant Date Fair Value \| $ / shares	88.97
Forfeited, Weighted-Average Grant Date Fair Value \| $ / shares	149.02
Weighted-Average Grant Date Fair Value, Ending balance \| $ / shares	$ 118.19

Stockholders' Equity (Schedul_2

Stockholders' Equity (Schedule of Assumptions to Value PSUs Granted ) (Details) - Performance Restricted Stock Units [Member]	12 Months Ended
	Sep. 30, 2024 $ / shares
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expected volatility	30.20%
Risk free interest rate	4.50%
Expected life	3 years
Grant date fair value	$ 146.47

Stockholders' Equity (Summary_4

Stockholders' Equity (Summary of Activity for PSUs) (Details) - Performance Restricted Stock Units [Member] shares in Thousands	12 Months Ended
	Sep. 30, 2024 $ / shares shares
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Granted, Number of units \| shares	66
Forfeited, Number of units \| shares	(4)
Number of units, Ending balance \| shares	62
Granted, Weighted-Average Grant Date Fair Value \| $ / shares	$ 146.47
Forfeited, Weighted-Average Grant Date Fair Value \| $ / shares	146.47
Weighted-Average Grant Date Fair Value, Ending balance \| $ / shares	$ 146.47

Stockholders' Equity (Stock-bas

Stockholders' Equity (Stock-based Compensation Expense Recognized) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Share Based Compensation [Abstract]
Employee stock-based compensation expense	$ 33,052	$ 23,958	$ 20,109

Commitments and Contingencies_2

Commitments and Contingencies (Future Minimum Unconditional Purchase Obligations) (Details) $ in Thousands	Sep. 30, 2024 USD ($)
Commitments and Contingencies Disclosure [Abstract]
2025	$ 676,009
2026	179,213
2027	70,212
2028	1,542
2029	5
Thereafter	88
Total	$ 927,069

Commitments and Contingencies_3

Commitments and Contingencies (Narrative) (Details)	12 Months Ended
Commitments and Contingencies (Narrative) (Details)	Sep. 30, 2024
Officer [Member]
Loss Contingencies [Line Items]
Period in which payments of termination benefits required for employment terminated following change of control	2 years

Segment Information (Narrative)

Segment Information (Narrative) (Details) - Segment	12 Months Ended
Segment Information (Narrative) (Details) - Segment	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Entity Wide Revenue Major Customer [Line Items]
Number of Reportable Segments	2
RTX Corporation [Member] \| Sales [Member] \| Product Concentration Risk [Member]
Entity Wide Revenue Major Customer [Line Items]
Percentage of total attributable to major customer	9%	10%	11%
RTX Corporation [Member] \| Trade Accounts Receivable [Member] \| Product Concentration Risk [Member]
Entity Wide Revenue Major Customer [Line Items]
Percentage of total attributable to major customer	6%	4%

Segment Information (Summary of

Segment Information (Summary of Consolidated Net Sales and Earnings by Segment) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Segment Reporting Information [Line Items]
Net earnings	$ 3,324,249	$ 2,914,566	$ 2,382,790
Interest Expense, net	(41,501)	(45,147)	(32,731)
Consolidated earnings before income taxes	453,971	275,768	199,898
Aerospace [Member]
Segment Reporting Information [Line Items]
Net earnings	2,028,618	1,768,103	1,519,322
Industrial [Member]
Segment Reporting Information [Line Items]
Net earnings	1,295,631	1,146,463	863,468
Operating Segments [Member] \| Aerospace [Member]
Segment Reporting Information [Line Items]
Net earnings	2,028,618	1,768,103	1,519,322
Segment earnings (loss)	385,360	290,104	230,933
Operating Segments [Member] \| Industrial [Member]
Segment Reporting Information [Line Items]
Net earnings	1,295,631	1,146,463	863,468
Segment earnings (loss)	229,857	161,622	82,788
Unallocated Corporate [Member]
Segment Reporting Information [Line Items]
Segment earnings (loss)	$ (119,745)	$ (130,811)	$ (81,092)

Segment Information (Summary _2

Segment Information (Summary of Consolidated Total Assets, Depreciation and Amortization, and Capital Expenditures by Segment) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Segment Reporting Information [Line Items]
Consolidated total assets	$ 4,368,915	$ 4,010,203	$ 3,806,446
Property, plant and equipment, net	940,715	913,094
Depreciation and amortization	116,170	119,743	120,628
Capital expenditures	96,280	76,500	52,868
Unallocated Corporate [Member]
Segment Reporting Information [Line Items]
Property, plant and equipment, net	120,946	104,962	111,760
Other assets	801,967	585,490	540,386
Depreciation and amortization	11,086	8,696	9,868
Capital expenditures	(1,639)	(2,268)	17,216
Aerospace [Member] \| Operating Segments [Member]
Segment Reporting Information [Line Items]
Consolidated total assets	1,936,507	1,829,410	1,773,854
Depreciation and amortization	55,305	59,880	60,176
Capital expenditures	55,989	56,913	23,253
Industrial [Member] \| Operating Segments [Member]
Segment Reporting Information [Line Items]
Consolidated total assets	1,509,495	1,490,341	1,380,446
Depreciation and amortization	49,779	51,167	50,584
Capital expenditures	$ 41,930	$ 21,855	$ 12,399

Segment Information (U.S. Gover

Segment Information (U.S. Government Related Sales by Segment) (Details) - USD ($) $ in Thousands	12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2022
Entity Wide Revenue Major Customer [Line Items]
Net sales	$ 3,324,249	$ 2,914,566	$ 2,382,790
Aerospace [Member]
Entity Wide Revenue Major Customer [Line Items]
Net sales	2,028,618	1,768,103	1,519,322
Industrial [Member]
Entity Wide Revenue Major Customer [Line Items]
Net sales	1,295,631	1,146,463	863,468
Direct Sales to U.S. Government [Member]
Entity Wide Revenue Major Customer [Line Items]
Net sales	117,017	107,372	98,025
Direct Sales to U.S. Government [Member] \| Aerospace [Member]
Entity Wide Revenue Major Customer [Line Items]
Net sales	107,978	99,848	93,266
Direct Sales to U.S. Government [Member] \| Industrial [Member]
Entity Wide Revenue Major Customer [Line Items]
Net sales	$ 9,039	$ 7,524	$ 4,759
Direct Sales to U.S. Government [Member] \| Sales [Member] \| Product Concentration Risk [Member]
Entity Wide Revenue Major Customer [Line Items]
Percentage of attributable to revenue	3%	4%	4%
Indirect Sales to U.S. Government [Member]
Entity Wide Revenue Major Customer [Line Items]
Net sales	$ 453,643	$ 378,675	$ 439,698
Indirect Sales to U.S. Government [Member] \| Aerospace [Member]
Entity Wide Revenue Major Customer [Line Items]
Net sales	443,370	363,835	433,646
Indirect Sales to U.S. Government [Member] \| Industrial [Member]
Entity Wide Revenue Major Customer [Line Items]
Net sales	$ 10,273	$ 14,840	$ 6,052
Indirect Sales to U.S. Government [Member] \| Sales [Member] \| Product Concentration Risk [Member]
Entity Wide Revenue Major Customer [Line Items]
Percentage of attributable to revenue	14%	13%	19%
U.S. Government Related [Member]
Entity Wide Revenue Major Customer [Line Items]
Net sales	$ 570,660	$ 486,047	$ 537,723
U.S. Government Related [Member] \| Aerospace [Member]
Entity Wide Revenue Major Customer [Line Items]
Net sales	551,348	463,683	526,912
U.S. Government Related [Member] \| Industrial [Member]
Entity Wide Revenue Major Customer [Line Items]
Net sales	$ 19,312	$ 22,364	$ 10,811
U.S. Government Related [Member] \| Sales [Member] \| Product Concentration Risk [Member]
Entity Wide Revenue Major Customer [Line Items]
Percentage of attributable to revenue	17%	17%	23%