• Woodward average return on investment for 2023 was 8.32, a 34.85% increase from 2022.
• Woodward average return on investment for 2022 was 6.17, a 14.9% increase from 2021.
• Woodward average return on investment for 2021 was 7.25, a 21.96% decline from 2020.

Roi - return on investment can be defined as an indicator of how profitable a company is relative to its assets invested by shareholders and long-term bond holders. Calculated by dividing a company's operating earnings by its long-term debt and shareholders equity.