ALKS

Alkermes

Fundamental data last updated:April 13, 2026

company profile

SECTOR

Healthcare

industry

Drug Manufacturers - Specialty & Generic

Exchange

Nasdaq

County of HQ

United States

Next Earnings Date

05/07/26

Business Summary

Curtiss-Wright operates as a high-specification engineering and component supplier within Aerospace & Defense, generating cash by embedding itself into mission-critical systems that require reliability and regulatory compliance. Its moat stems from long qualification cycles, technical certifications, and integration into defense and aerospace platforms where switching costs are high. The company converts this positioning into durable operating margins of 19.10%, reflecting pricing power in specialized niches. Cash flow durability is supported by recurring demand from defense modernization and aerospace programs, allowing the firm to compound capital at a 14.00% ROIC while maintaining strong financial health.

VALUATION

P/E

23.3

Market Cap ($M USD)

$5,546

Forward P/E

16.7

PEG

-

PRICE TO SALES

3.8

PRICE TO BOOK

3.1

EV / EBITDA

15.2

5-Year Average P/E

DIVIDEND

Yield

-

Annual Payout

-

Payout Ratio

-

Consecutive Years of Dividend Growth

0

5-Year Dividend Growth Rate

-

Financial Health & Profitability

Earnings Per Share

$1.47

Next Year EPS Growth Estimate

$1.99

Next Year Revenue Growth Estimate

4.60%

Return on Equity (ROE)

13.30%

Operating Margin

17.20%

Debt-to-Equity

0

Piotroski F-Score

6

Altman Z-Score

6.2

Return on Invested Capital (ROIC)

12.50%%

Current Ratio

3.6

Quick Ratio

Gainseekers Quantitative Analysis

Summary

Curtiss-Wright trades at 56.5x earnings and 43.5x forward earnings, which is an aggressive premium for a company with a 4.4 forward PEG ratio and just 7.90% return on equity. The valuation implies strong sustained growth, yet the forward multiple remains elevated despite only moderate profitability metrics. That said, an Altman Z-Score of 8.4 signals extremely low bankruptcy risk, and a Piotroski F-Score of 8 reinforces strong underlying financial quality. This is not a distressed balance sheet story—it is a high-quality industrial trading at a premium price where execution must remain flawless to justify the multiple. The market is pricing in safety and growth simultaneously, leaving little room for error.

AI Exposure / Tech Reliance

As an Aerospace & Defense company, Curtiss-Wright operates in an industry directly tied to advanced systems, precision engineering, and mission-critical modernization. AI-driven defense systems, automation, and next-generation aerospace technologies structurally benefit suppliers embedded in high-spec components and platforms. The company’s positioning within Industrials gives it inherent exposure to long-cycle technology upgrades rather than consumer-driven disruption.

The Bull Case

A GARP investor could justify ownership based on capital efficiency and balance sheet strength. ROIC at 14.00% materially exceeds its cost of capital profile for a typical industrial, indicating disciplined capital deployment. Operating margins of 19.10% are robust for Aerospace & Defense, suggesting pricing power and operational control. A Piotroski F-Score of 8 confirms strong profitability, leverage discipline, and operating momentum, while an Altman Z-Score of 8.4 underscores financial resilience. With institutional ownership listed at $712.86 and a short float of 7.10%, the shareholder base appears engaged, and the company’s 1.4 current ratio supports liquidity stability. This is a financially sound operator with real earnings power, albeit at a premium valuation.

The Bear Case

The bear case is centered entirely on valuation compression risk. A 56.5 P/E and 43.5 forward P/E paired with a 4.4 PEG ratio suggests growth is expensive relative to expectations. Return on equity at 7.90% is underwhelming relative to its 10.6 price-to-book multiple, implying the company is not generating exceptional shareholder returns on its equity base. Debt-to-equity of 18.20% is manageable but not negligible, and a 7.10% short float indicates a meaningful minority betting on downside. With a 0.5 yield and payout ratio listed at $0.96, investors are not being materially compensated to wait if multiple contraction occurs. Any earnings disappointment could trigger sharp downside given the stretched multiple structure.

Market Sentiment & Smart Money

Short Interest %

17.90%

Analyst Consensus

1.63

Average Analyst Price Target

$43.65

Institutional Ownership %

110.20%

1-Year Beta

1.02

Insider Buying % (6 Mo)

1.60%%

Distance to 52-Week High

91.50%%

Distance to 52-Week Low

132.60%%