Goodwin Working Capital Growth & History (GDWN)
Goodwin's working capital was £28.4M for fiscal 2026.
View full Goodwin company overviewGoodwin annual working capital history
| Fiscal year | Period ended | Working capital | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-04-30 | £28.4M | −£10.2M | −26.51% |
| 2025 | 2025-04-30 | £38.6M | −£35.1M | −47.62% |
| 2024 | 2024-04-30 | £73.6M | £26.0M | +54.49% |
| 2023 | 2023-04-30 | £47.7M | £1.4M | +2.98% |
| 2022 | 2022-04-30 | £46.3M | −£4.0M | −8.02% |
| 2021 | 2021-04-30 | £50.3M | — | — |
Goodwin quarterly working capital
| Fiscal quarter | Period ended | Working capital | Change | YoY change |
|---|---|---|---|---|
| Q4 2026 | 2026-04-30 | £74.0M | £35.4M | +91.84% |
| Q2 2026 | 2025-10-31 | £15.6M | — | — |
| Q4 2025 | 2025-04-30 | £38.6M | — | — |
Goodwin working capital trends
Over the last five fiscal years, Goodwin's working capital decreased from £50.3M to £28.4M, a change of −£22.0M. The latest reported quarter, Q4 2026, shows £74.0M.
What working capital means
Working capital is the difference between current assets and current liabilities. It provides a snapshot of short-term operating liquidity, although negative working capital can be normal for some business models and the measure is often not meaningful for banks.
How working capital is calculated
TickerStat calculates working capital as reported current assets minus reported current liabilities at the same balance-sheet date. Missing current classifications are not assumed to be zero. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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Goodwin reportedly nears £1 billion defence-business sale
The Financial Times reported that Cerberus was close to a deal worth about £1 billion to acquire Goodwin’s ($GDWN) defence business. Reuters included the report in its market coverage as Goodwin shares closed 23.2% lower. The story concerns ...