BWX Technologies, Inc. BWXT

Industrials SIC 3510 - Engines & Turbines NAICS Manufacturing › Machinery Manufacturing › Engine, Turbine, and Power Transmission Equipment Manufacturing derived NYSE

BWX Technologies, Inc. is a specialty manufacturer of nuclear components, a developer of nuclear technologies and a service provider with an operating history of more than 100 years. Our core businesses focus on the design, engineering and manufacture of precision naval nuclear components, nuclear reactors and nuclear fuel for the U.S. Government. We also provide special nuclear materials processing, environmental site restoration services, products and services to customers in the nuclear power industry, critical medical radioisotopes and radiopharmaceuticals and other advanced nuclear technologies. While we provide a wide range of products and services, our business segments are heavily focused on major projects. At any given time, a relatively small number of projects can represent a significant part of our operations.

Last close 127.19 2026-10-23
Market cap $11.65B 2026-06-30 share count
52-week range 123.05 - 241.82

Valuation FY2025 figures against the last close

P/S3.6x
P/E35.5x
P/FCF39.5x
EV/EBITDA25.6x
Dividend yield0.8%
Diluted EPS3.58

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $3.20B$2.70B$2.50B$2.23B$2.12B$2.12B$1.89B$1.80B$1.69B$1.55B
Cost of revenue $2.47B$2.05B$1.88B$1.68B$1.57B$1.55B$1.36B$1.30B$1.19B$1.09B
Gross profit $732.9M$655.2M$620.6M$551.9M$550.3M$575.4M$533.9M$504.0M$495.8M$464.2M
R&D $13.9M$7.5M$7.6M$9.5M$11.1M$14.2M$17.7M$15.2M$7.2M$6.4M
SG&A $394.4M$318.7M$279.7M$234.3M$230.4M$231.2M$216.8M$214.1M$210.1M$209.5M
Total operating expenses $2.87B$2.38B$2.16B$1.93B$1.81B$1.79B$1.60B$1.53B$1.41B$1.33B
Operating income $404.5M$380.6M$383.1M$348.6M$345.8M$358.6M$325.5M$305.0M$292.2M$234.4M
Interest expense $44.2M$39.5M$47.0M$36.4M$35.8M$31.0M$35.3M$27.8M$14.9M$8.4M
Pre-tax income $398.1M$348.7M$321.4M$314.4M$395.7M$362.2M$313.7M$280.1M$295.8M$257.3M
Income tax $68.3M$66.4M$75.1M$75.8M$89.4M$83.0M$69.1M$52.8M$147.4M$73.7M
Net income $328.9M$281.9M$245.8M$238.2M$305.9M$278.7M$244.1M$227.0M$147.8M$183.1M
EPS, basic 3.593.082.682.603.242.922.562.291.491.79
EPS, diluted 3.583.072.682.603.242.912.552.271.471.76
Shares, diluted (wtd. avg.) 91.9M91.9M91.9M91.7M94.5M95.7M95.8M100.0M100.4M103.8M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $499.8M$74.1M$81.6M$41.0M$39.8M$48.3M$92.4M$36.4M$213.1M$134.6M
Short-term investments ——$0$3.8M$3.8M$3.7M$5.8M$3.6M$2.9M$14.5M
Receivables $220.4M$99.1M$70.2M$60.8M$70.7M$153.4M$56.7M$71.6M$189.2M$135.9M
Inventory $46.5M$40.3M$27.4M$22.9M$16.3M$15.0M$17.1M$16.0M$8.6M$7.7M
Total current assets $1.56B$930.0M$817.8M$771.6M$773.7M$773.6M$629.8M$542.4M$873.1M$693.6M
Property, plant and equipment $1.59B$1.28B$1.23B$1.13B$1.05B$816.5M$580.2M$439.2M$348.6M$299.7M
Goodwill $500.9M$287.4M$297.0M$293.2M$285.5M$283.7M$275.5M$274.1M$218.3M$210.8M
Other intangibles $329.9M$165.3M$185.5M$193.6M$185.6M$192.8M$191.4M$228.7M$110.4M$114.7M
Total assets $4.27B$2.87B$2.75B$2.62B$2.50B$2.29B$1.91B$1.66B$1.71B$1.58B
Accounts payable $141.3M$158.1M$126.7M$127.1M$189.8M$184.4M$170.7M$114.8M$93.4M$100.0M
Short-term debt $0$12.5M$6.2M$6.2M$0$0$14.7M$14.2M$27.9M$27.4M
Total current liabilities $672.0M$474.2M$375.0M$367.9M$459.6M$529.7M$404.7M$377.3M$528.1M$439.9M
Long-term debt $2.02B$1.04B$1.20B$1.28B$1.19B$862.7M$809.4M$753.6M$481.1M$497.7M
Total liabilities $3.04B$1.79B————————
Retained earnings $2.52B$2.29B$2.09B$1.93B$1.78B$1.55B$1.34B$1.17B$990.7M$885.1M
Total equity $1.23B$1.08B$933.3M$748.4M$637.2M$617.8M$404.1M$235.7M$285.8M$150.4M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $479.8M$408.4M$363.7M$244.7M$386.0M$196.4M$279.4M$169.3M$222.0M$239.9M
Depreciation and amortisation $109.2M$85.9M$78.6M$73.8M$69.1M$60.7M$61.7M$60.1M$56.6M$50.6M
Stock-based compensation $26.1M$21.7M$15.9M$14.1M$18.6M$16.8M$12.7M$11.9M$15.2M$15.4M
Capital expenditure $184.6M$153.6M$151.3M$198.3M$311.1M$255.0M$182.1M$109.3M$96.9M$52.6M
Investing cash flow -$742.1M-$154.6M-$155.6M-$256.2M-$304.7M-$265.3M-$180.0M-$326.7M-$89.7M-$188.9M
Financing cash flow $693.6M-$252.8M-$169.4M$14.0M-$90.1M$25.0M-$43.7M-$9.3M-$61.2M-$88.9M
Dividends paid $92.5M$88.3M$85.0M$81.1M$79.7M$72.9M$65.4M$63.8M$42.0M$37.4M
Buybacks $30.0M$20.0M$0$20.0M$225.8M$22.0M$20.0M$214.8M$0$293.0M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001486957-26-000007.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 1B 2B 3B 4B Revenue, FY2016: 1.6B Gross profit, FY2016: 464.2M Net income, FY2016: 183.1M Revenue, FY2017: 1.7B Gross profit, FY2017: 495.8M Net income, FY2017: 147.8M Revenue, FY2018: 1.8B Gross profit, FY2018: 504M Net income, FY2018: 227M Revenue, FY2019: 1.9B Gross profit, FY2019: 533.9M Net income, FY2019: 244.1M Revenue, FY2020: 2.1B Gross profit, FY2020: 575.4M Net income, FY2020: 278.7M Revenue, FY2021: 2.1B Gross profit, FY2021: 550.3M Net income, FY2021: 305.9M Revenue, FY2022: 2.2B Gross profit, FY2022: 551.9M Net income, FY2022: 238.2M Revenue, FY2023: 2.5B Gross profit, FY2023: 620.6M Net income, FY2023: 245.8M Revenue, FY2024: 2.7B Gross profit, FY2024: 655.2M Net income, FY2024: 281.9M Revenue, FY2025: 3.2B Gross profit, FY2025: 732.9M Net income, FY2025: 328.9M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $1.55B $1.69B $1.80B $1.89B $2.12B $2.12B $2.23B $2.50B $2.70B $3.20B
Gross profit $464.2M $495.8M $504.0M $533.9M $575.4M $550.3M $551.9M $620.6M $655.2M $732.9M
Net income $183.1M $147.8M $227.0M $244.1M $278.7M $305.9M $238.2M $245.8M $281.9M $328.9M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Unregistered share sale Shares issued outside a registered offering. Dilution, and for a small company often the way it is funded. Item 3.02
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Other event Item 8.01
  • Officer or director change Item 5.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

Others in SIC 3510

TickerCompanyMarket capP/ERevenue growth
CMI CUMMINS INC $71.23B 25.2x -1.3%
BC BRUNSWICK CORP $4.27B — 2.4%
PSIX POWER SOLUTIONS INTERNATIONAL, INC. $1.05B 9.2x 51.8%
CEPL Capstone Energy Plus, Inc. — — 27.8%
CYD CHINA YUCHAI INTERNATIONAL LTD — — —
WPRT WESTPORT FUEL SYSTEMS INC. — — -42.7%