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Income Taxes (Tables)
9 Months Ended
Jun. 30, 2023
Income Tax Disclosure [Abstract]  
Tax Expense and Effective Tax Rate

The following table sets forth the tax expense and the effective tax rate for Woodward’s earnings before income taxes:

 

 

Three Months Ended June 30,

 

 

Nine Months Ended June 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Earnings before income taxes

 

$

105,738

 

 

$

50,287

 

 

$

177,728

 

 

$

142,129

 

Income tax expense

 

 

21,139

 

 

 

10,841

 

 

 

28,012

 

 

 

24,472

 

Effective tax rate

 

 

20.0

%

 

 

21.6

%

 

 

15.8

%

 

 

17.2

%