This page shows Bwx Technologies Inc (BWXT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Bwx Technologies Inc has an operating margin of 12.7%, meaning the company retains $13 of operating profit per $100 of revenue. This results in a moderate score of 50/100, indicating healthy but not exceptional operating efficiency. This is down from 14.1% the prior year.
Bwx Technologies Inc's revenue surged 18.3% year-over-year to $3.2B, reflecting rapid business expansion. This strong growth earns a score of 64/100.
Bwx Technologies Inc carries a low D/E ratio of 1.64, meaning only $1.64 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 69/100, indicating a strong balance sheet with room for future borrowing.
Bwx Technologies Inc's current ratio of 2.32 indicates adequate short-term liquidity, earning a score of 43/100. The company can meet its near-term obligations, though with limited headroom.
Bwx Technologies Inc has a free cash flow margin of 9.2%, earning a moderate score of 48/100. The company generates positive cash flow after capital investments, but with room for improvement.
Bwx Technologies Inc earns a strong 26.7% return on equity (ROE), meaning it generates $27 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 70/100. This is up from 26.1% the prior year.
Bwx Technologies Inc scores 6.03, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($19.7B) relative to total liabilities ($3.0B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Bwx Technologies Inc passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Bwx Technologies Inc generates $1.46 in operating cash flow ($479.8M OCF vs $328.9M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Bwx Technologies Inc earns $89.1 in operating income for every $1 of interest expense ($404.5M vs $4.5M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Bwx Technologies Inc generated $3.2B in revenue in fiscal year 2025. This represents an increase of 18.3% from the prior year.
Bwx Technologies Inc's EBITDA was $513.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 10.1% from the prior year.
Bwx Technologies Inc reported $328.9M in net income in fiscal year 2025. This represents an increase of 16.7% from the prior year.
Bwx Technologies Inc earned $3.58 per diluted share (EPS) in fiscal year 2025. This represents an increase of 16.6% from the prior year.
Cash & Balance Sheet
Bwx Technologies Inc generated $295.3M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 15.9% from the prior year.
Bwx Technologies Inc held $499.8M in cash against $2.0B in long-term debt as of fiscal year 2025.
Bwx Technologies Inc paid $0.96 per share in dividends in fiscal year 2025. This represents an increase of 0.0% from the prior year.
Margins & Returns
Bwx Technologies Inc's gross margin was 22.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 1.3 percentage points from the prior year.
Bwx Technologies Inc's operating margin was 12.7% in fiscal year 2025, reflecting core business profitability. This is down 1.4 percentage points from the prior year.
Bwx Technologies Inc's net profit margin was 10.3% in fiscal year 2025, showing the share of revenue converted to profit. This is down 0.2 percentage points from the prior year.
Bwx Technologies Inc's ROE was 26.7% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 0.6 percentage points from the prior year.
Capital Allocation
Bwx Technologies Inc invested $13.9M in research and development in fiscal year 2025. This represents an increase of 85.4% from the prior year.
Bwx Technologies Inc spent $30.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 50.0% from the prior year.
Bwx Technologies Inc invested $184.6M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 20.1% from the prior year.
BWXT Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $885.8M+2.3% | $866.3M+13.4% | $764.0M+12.0% | $682.3M-8.6% | $746.3M+11.1% | $672.0M-1.4% | $681.5M+12.8% | $604.0M |
| Cost of Revenue | N/A | $677.3M+18.3% | $572.6M+10.7% | $517.1M | N/A | $508.0M-1.0% | $513.2M+12.7% | $455.4M |
| Gross Profit | N/A | $189.0M-1.3% | $191.4M+15.9% | $165.2M | N/A | $164.0M-2.6% | $168.3M+13.2% | $148.6M |
| R&D Expenses | N/A | $3.5M-23.8% | $4.6M+126.8% | $2.0M | N/A | $2.1M+63.7% | $1.3M-14.7% | $1.5M |
| SG&A Expenses | N/A | $93.4M-9.3% | $102.9M+17.6% | $87.6M | N/A | $80.8M+1.3% | $79.8M+18.4% | $67.4M |
| Operating Income | $92.1M-18.8% | $113.3M+10.7% | $102.4M+6.0% | $96.6M+4.7% | $92.3M-4.5% | $96.6M-2.3% | $98.8M+6.3% | $93.0M |
| Interest Expense | N/A | $14.0M+19.4% | $11.7M+46.9% | $8.0M | N/A | $9.9M-7.3% | $10.7M+11.4% | $9.6M |
| Income Tax | N/A | $25.4M+31.5% | $19.3M+18.5% | $16.3M | N/A | $21.0M+12.9% | $18.6M-6.3% | $19.8M |
| Net Income | $93.0M+13.3% | $82.1M+4.7% | $78.4M+3.9% | $75.5M+6.3% | $71.0M+2.2% | $69.5M-4.8% | $73.0M+6.6% | $68.5M |
| EPS (Diluted) | $1.01+13.5% | $0.89+4.7% | $0.85+3.7% | $0.82+6.5% | $0.77+1.3% | $0.76-3.8% | $0.79+5.3% | $0.75 |
BWXT Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $4.3B+13.0% | $3.8B+2.2% | $3.7B+21.1% | $3.1B+6.4% | $2.9B-2.6% | $2.9B+3.8% | $2.8B+1.9% | $2.8B |
| Current Assets | $1.6B+41.3% | $1.1B+10.7% | $996.9M+2.2% | $975.8M+4.9% | $930.0M-5.4% | $982.9M+8.0% | $909.8M+5.2% | $864.7M |
| Cash & Equivalents | $499.8M+527.9% | $79.6M+115.2% | $37.0M-33.3% | $55.4M-25.2% | $74.1M+108.6% | $35.5M-26.5% | $48.3M+5.3% | $45.9M |
| Inventory | $46.5M-19.5% | $57.8M+12.1% | $51.6M+3.9% | $49.6M+23.2% | $40.3M+7.4% | $37.5M+16.1% | $32.3M-22.0% | $41.4M |
| Accounts Receivable | $220.4M+21.6% | $181.2M+21.8% | $148.8M+66.9% | $89.1M-10.1% | $99.1M+9.8% | $90.2M+1.0% | $89.4M+5.1% | $85.0M |
| Goodwill | $500.9M-0.1% | $501.6M-2.2% | $512.6M+46.7% | $349.3M+21.6% | $287.4M-2.6% | $295.1M+0.7% | $293.2M-0.4% | $294.3M |
| Total Liabilities | $3.0B+19.6% | $2.5B+1.0% | $2.5B+28.7% | $2.0B+9.2% | $1.8B-5.3% | $1.9B+2.5% | $1.8B0.0% | $1.8B |
| Current Liabilities | $672.0M+3.9% | $646.6M+9.6% | $590.2M+22.0% | $483.9M+2.1% | $474.2M+8.4% | $437.5M+7.1% | $408.6M+5.6% | $386.8M |
| Long-Term Debt | $2.0B+34.7% | $1.5B-1.5% | $1.5B+28.2% | $1.2B+13.7% | $1.0B-14.6% | $1.2B+1.4% | $1.2B-1.4% | $1.2B |
| Total Equity | $1.2B-0.7% | $1.2B+4.9% | $1.2B+7.6% | $1.1B+1.8% | $1.1B+2.1% | $1.1B+6.0% | $998.5M+5.5% | $946.2M |
| Retained Earnings | $2.5B+2.9% | $2.5B+2.5% | $2.4B+2.4% | $2.3B+2.3% | $2.3B+2.2% | $2.2B+2.2% | $2.2B+2.4% | $2.1B |
BWXT Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $127.0M-11.3% | $143.2M-10.0% | $159.0M+214.0% | $50.6M-81.7% | $276.9M+748.6% | $32.6M-50.5% | $65.9M+99.5% | $33.0M |
| Capital Expenditures | $70.2M+45.4% | $48.3M+47.5% | $32.7M-1.9% | $33.4M-36.5% | $52.5M+30.3% | $40.3M+32.5% | $30.4M-0.1% | $30.4M |
| Free Cash Flow | $56.8M-40.1% | $94.9M-24.9% | $126.3M+630.9% | $17.3M-92.3% | $224.4M+3024.0% | -$7.7M-121.6% | $35.5M+1262.9% | $2.6M |
| Investing Cash Flow | -$68.2M-53.6% | -$44.4M+90.6% | -$473.1M-202.6% | -$156.3M-191.5% | -$53.6M-33.1% | -$40.3M-33.0% | -$30.3M+0.1% | -$30.3M |
| Financing Cash Flow | $354.0M+866.0% | -$46.2M-115.4% | $301.0M+255.0% | $84.8M+146.4% | -$182.9M-3639.3% | -$4.9M+85.1% | -$32.8M-2.2% | -$32.2M |
| Dividends Paid | $22.8M-1.7% | $23.1M-0.2% | $23.2M-2.0% | $23.7M+7.4% | $22.0M-0.5% | $22.1M0.0% | $22.1M-1.2% | $22.4M |
| Share Buybacks | $0 | $0 | $0-100.0% | $30.0M | $0 | $0 | $0-100.0% | $20.0M |
BWXT Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | 21.8%-3.2pp | 25.1%+0.8pp | 24.2% | N/A | 24.4%-0.3pp | 24.7%+0.1pp | 24.6% |
| Operating Margin | 10.4%-2.7pp | 13.1%-0.3pp | 13.4%-0.8pp | 14.2%+1.8pp | 12.4%-2.0pp | 14.4%-0.1pp | 14.5%-0.9pp | 15.4% |
| Net Margin | 10.5%+1.0pp | 9.5%-0.8pp | 10.3%-0.8pp | 11.1%+1.5pp | 9.5%-0.8pp | 10.3%-0.4pp | 10.7%-0.6pp | 11.3% |
| Return on Equity | 7.5%+0.9pp | 6.6%0.0pp | 6.6%-0.2pp | 6.9%+0.3pp | 6.6%0.0pp | 6.6%-0.7pp | 7.3%+0.1pp | 7.2% |
| Return on Assets | 2.2%0.0pp | 2.2%+0.1pp | 2.1%-0.3pp | 2.5%0.0pp | 2.5%+0.1pp | 2.4%-0.2pp | 2.6%+0.1pp | 2.5% |
| Current Ratio | 2.32+0.6 | 1.71+0.0 | 1.69-0.3 | 2.02+0.1 | 1.96-0.3 | 2.25+0.0 | 2.230.0 | 2.24 |
| Debt-to-Equity | 1.64+0.4 | 1.21-0.1 | 1.28+0.2 | 1.08+0.1 | 0.97-0.2 | 1.15-0.1 | 1.21-0.1 | 1.29 |
| FCF Margin | 6.4%-4.5pp | 10.9%-5.6pp | 16.5%+14.0pp | 2.5%-27.5pp | 30.1%+31.2pp | -1.1%-6.3pp | 5.2%+4.8pp | 0.4% |
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Frequently Asked Questions
What is Bwx Technologies Inc's annual revenue?
Bwx Technologies Inc (BWXT) reported $3.2B in total revenue for fiscal year 2025. This represents a 18.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Bwx Technologies Inc's revenue growing?
Bwx Technologies Inc (BWXT) revenue grew by 18.3% year-over-year, from $2.7B to $3.2B in fiscal year 2025.
Is Bwx Technologies Inc profitable?
Yes, Bwx Technologies Inc (BWXT) reported a net income of $328.9M in fiscal year 2025, with a net profit margin of 10.3%.
What is Bwx Technologies Inc's EBITDA?
Bwx Technologies Inc (BWXT) had EBITDA of $513.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Bwx Technologies Inc have?
As of fiscal year 2025, Bwx Technologies Inc (BWXT) had $499.8M in cash and equivalents against $2.0B in long-term debt.
What is Bwx Technologies Inc's gross margin?
Bwx Technologies Inc (BWXT) had a gross margin of 22.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Bwx Technologies Inc's operating margin?
Bwx Technologies Inc (BWXT) had an operating margin of 12.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Bwx Technologies Inc's net profit margin?
Bwx Technologies Inc (BWXT) had a net profit margin of 10.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Bwx Technologies Inc pay dividends?
Yes, Bwx Technologies Inc (BWXT) paid $0.96 per share in dividends during fiscal year 2025.
What is Bwx Technologies Inc's return on equity (ROE)?
Bwx Technologies Inc (BWXT) has a return on equity of 26.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Bwx Technologies Inc's free cash flow?
Bwx Technologies Inc (BWXT) generated $295.3M in free cash flow during fiscal year 2025. This represents a 15.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Bwx Technologies Inc's operating cash flow?
Bwx Technologies Inc (BWXT) generated $479.8M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Bwx Technologies Inc's total assets?
Bwx Technologies Inc (BWXT) had $4.3B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Bwx Technologies Inc's capital expenditures?
Bwx Technologies Inc (BWXT) invested $184.6M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Bwx Technologies Inc spend on research and development?
Bwx Technologies Inc (BWXT) invested $13.9M in research and development during fiscal year 2025.
What is Bwx Technologies Inc's current ratio?
Bwx Technologies Inc (BWXT) had a current ratio of 2.32 as of fiscal year 2025, which is generally considered healthy.
What is Bwx Technologies Inc's debt-to-equity ratio?
Bwx Technologies Inc (BWXT) had a debt-to-equity ratio of 1.64 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Bwx Technologies Inc's return on assets (ROA)?
Bwx Technologies Inc (BWXT) had a return on assets of 7.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Bwx Technologies Inc's Altman Z-Score?
Bwx Technologies Inc (BWXT) has an Altman Z-Score of 6.03, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Bwx Technologies Inc's Piotroski F-Score?
Bwx Technologies Inc (BWXT) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Bwx Technologies Inc's earnings high quality?
Bwx Technologies Inc (BWXT) has an earnings quality ratio of 1.46x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Bwx Technologies Inc cover its interest payments?
Bwx Technologies Inc (BWXT) has an interest coverage ratio of 89.1x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Bwx Technologies Inc?
Bwx Technologies Inc (BWXT) scores 57 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.