Tearsheet

BWX Technologies (BWXT)


Market Price (9/16/2025): $175.2 | Market Cap: $16.0 Bil
Sector: Industrials | Industry: Aerospace & Defense

BWX Technologies (BWXT)


Market Price (9/16/2025): $175.2
Market Cap: $16.0 Bil
Sector: Industrials
Industry: Aerospace & Defense

Investment Highlights

0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 18%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 13%
Trading close to highs
Dist 52W High is -4.1%, Dist 3Y High is -4.1%
Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 40x, P/EPrice/Earnings or Price/(Net Income) is 54x
1 Low stock price volatility
Vol 12M is 39%
  Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.1%
0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 18%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 13%
1 Low stock price volatility
Vol 12M is 39%
2 Trading close to highs
Dist 52W High is -4.1%, Dist 3Y High is -4.1%
3 Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 40x, P/EPrice/Earnings or Price/(Net Income) is 54x
4 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.1%

Market Valuation

 9/16/252024202320222021
Share Price CYE$175.20$110.69$75.54$56.43$45.77
Market Cap CYE ($ Bil)16.010.16.95.24.2
Total Debt ($ Bil)1.51.11.21.31.2
Total Cash ($ Bil)0.00.10.10.00.0
Enterprise Value ($ Bil)17.511.28.16.55.4
Valuation Ratios     
P/S TTM5.63.82.82.42.1
P/EBIT TTM40.426.319.115.110.5
P/E TTM54.536.228.622.314.8
Sector Ratios     
P/S TTM (Sector)1.61.41.41.11.6
P/EBIT TTM (Sector)11.410.210.08.312.1
P/E TTM (Sector)16.613.714.011.215.6
 9/16/2520242023
Share Price CYE$175.20$110.69$75.54
Market Cap CYE ($ Bil)16.010.16.9
Total Debt ($ Bil)1.51.11.2
Total Cash ($ Bil)0.00.10.1
Enterprise Value ($ Bil)17.511.28.1
Valuation Ratios   
P/S TTM5.63.82.8
P/EBIT TTM40.426.319.1
P/E TTM54.536.228.6
Sector Ratios   
P/S TTM (Sector)1.61.41.4
P/EBIT TTM (Sector)11.410.210.0
P/E TTM (Sector)16.613.714.0

Business Description

BWX Technologies, Inc. manufactures and sells nuclear components in the United States, Canada, and internationally. It operates in three segments: Nuclear Operations Group, Nuclear Power Group, and Nuclear Services Group. Show more

Price Returns Compared

Expand for Detailed View

 202020212022202320242025Total [1]
Returns
BWXT Return-2%-19%23%34%47%57%192%
Peers Return20%41%-22%30%6%6%92%
S&P 500 Return16%27%-19%24%23%12%104%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: WWD, AYI, RRX, BC, NOVT. See BWXT Returns vs. Peers.
[3] 2025 data is for the year up to 9/15/2025 (YTD)

Latest Trefis Analyses

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for BWX Technologies

Financials

BWXTWWDAYIRRXBCNOVTMedian
NameBWX Tech.Woodward Acuity Regal Re.BrunswickNovanta  
Mkt Price174.30239.88340.71141.0765.40113.78157.69
Mkt Cap16.014.310.59.44.34.19.9
Rev LTM2,8653,4264,1695,8535,0979573,798
Op Inc LTM322423570651312126373
FCF LTM360277506888514118433
FCF 3Y Avg227275518652387109331
CFO LTM519380573994663131546
CFO 3Y Avg385364582760631127484

Growth & Margins

BWXTWWDAYIRRXBCNOVTMedian
NameBWX Tech.Woodward Acuity Regal Re.BrunswickNovanta  
Rev Chg LTM10.1%5.5%9.2%-7.9%-11.6%6.3%5.9%
Rev Chg 3Y Avg9.6%14.2%2.5%7.8%-6.9%6.4%7.1%
Rev Chg Q12.1%8.0%21.7%-3.3%0.2%2.2%5.1%
QoQ Delta Rev Chg LTM3.0%2.0%5.3%-0.9%0.1%0.5%1.3%
Op Mgn LTM11.2%12.4%13.7%11.1%6.1%13.1%11.8%
Op Mgn 3Y Avg12.7%11.4%13.4%10.3%10.2%13.3%12.0%
QoQ Delta Op Mgn LTM-0.5%-0.2%-0.1%0.2%-1.1%-0.2%-0.2%
CFO/Rev LTM18.1%11.1%13.7%17.0%13.0%13.7%13.7%
CFO/Rev 3Y Avg14.5%11.5%14.5%12.9%10.9%13.9%13.4%
FCF/Rev LTM12.6%8.1%12.1%15.2%10.1%12.3%12.2%
FCF/Rev 3Y Avg8.4%8.7%12.9%11.1%6.8%11.9%9.9%

Valuation

BWXTWWDAYIRRXBCNOVTMedian
NameBWX Tech.Woodward Acuity Regal Re.BrunswickNovanta  
Mkt Cap16.014.310.59.44.34.19.9
P/S5.64.22.51.60.84.33.3
P/EBIT40.228.019.014.120.332.624.1
P/E54.236.926.237.4103.866.845.8
P/CFO30.737.718.39.46.531.224.5
Total Yield2.4%3.1%4.0%2.9%3.6%1.5%3.0%
Dividend Yield0.6%0.4%0.2%0.2%2.6%0.0%0.3%
FCF Yield 3Y Avg2.2%2.7%7.6%6.8%8.7%2.0%4.7%
D/E0.10.10.10.50.60.10.1
Net D/E0.10.00.10.50.50.10.1

Returns

BWXTWWDAYIRRXBCNOVTMedian
NameBWX Tech.Woodward Acuity Regal Re.BrunswickNovanta  
1M Rtn0.5%-2.2%8.6%-3.1%3.4%-1.0%-0.3%
3M Rtn25.0%2.2%27.0%-0.6%14.6%-8.5%8.4%
6M Rtn75.0%31.9%27.7%19.8%11.3%-17.5%23.7%
12M Rtn78.6%46.1%32.3%-8.1%-15.7%-33.5%12.1%
3Y Rtn242.0%172.4%121.6%4.1%-4.3%-9.7%62.8%
1M Excs Rtn-2.5%-4.5%4.3%-7.1%-0.6%-6.0%-3.5%
3M Excs Rtn15.7%-7.2%17.7%-8.0%6.9%-17.6%-0.2%
6M Excs Rtn60.7%15.9%12.5%4.2%-3.1%-33.7%8.4%
12M Excs Rtn62.9%27.2%18.6%-23.2%-31.3%-51.0%-2.3%
3Y Excs Rtn174.6%93.9%41.1%-63.4%-69.5%-78.5%-11.1%

Financials

Segment Financials

Revenue by Segment

$ Mil20242023202220212020
Government Operations2,0311,8081,725  
Commercial Operations466427407  
Eliminations-1-3-8-31-18
Nuclear Operations Group   1,6461,429
Nuclear Power Group   371353
Nuclear Services Group   136131
Total2,4962,2332,1242,1241,895


Operating Income by Segment
$ Mil20242023202220212020
Government Operations375337330  
Commercial Operations382735  
Unallocated Corporate-29-15-19-24-18
Nuclear Operations Group   326298
Nuclear Power Group   5254
Nuclear Services Group   2614
Other   -22-23
Total383349346359326


Price Behavior

Short Interest

Short Interest: As Of Date8292025
Short Interest: Shares Quantity2,503,631
Short Interest: % Change Since 8152025-17.9%
Average Daily Volume1,239,604
Days-to-Cover Short Interest2.02
Basic Shares Quantity91,542,967
Short % of Basic Shares2.7%

Earnings Returns History

Expand for More

 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/4/202517.8%15.3%4.3%
5/5/2025-3.5%-4.4%15.3%
2/24/20254.2%1.6%5.1%
11/4/2024-2.3%5.7%9.2%
8/5/20240.9%5.3%7.1%
2/27/202412.9%17.4%14.4%
11/1/20233.1%1.9%6.0%
8/3/20237.6%6.5%8.1%
...
SUMMARY STATS   
# Positive131718
# Negative1065
Median Positive4.2%5.2%6.6%
Median Negative-1.6%-4.6%-5.7%
Max Positive17.8%26.3%28.5%
Max Negative-12.4%-20.0%-33.9%

SEC Filings

Expand for More

Report DateFiling DateFiling
6302025804202510-Q 6/30/2025
3312025505202510-Q 3/31/2025
12312024224202510-K 12/31/2024
93020241104202410-Q 9/30/2024
6302024805202410-Q 6/30/2024
3312024506202410-Q 3/31/2024
12312023227202410-K 12/31/2023
93020231101202310-Q 9/30/2023
6302023803202310-Q 6/30/2023
3312023508202310-Q 3/31/2023
12312022223202310-K 12/31/2022
93020221107202210-Q 9/30/2022
6302022808202210-Q 6/30/2022
3312022509202210-Q 3/31/2022
12312021222202210-K 12/31/2021
93020211101202110-Q 9/30/2021

Insider Activity

Expand for More

 OwnerTitleFiling DateActionPriceSharesTransacted
Value
Value of
Held Shares
Form
0Melvin Leland D 8122025Sell178.26600106,959994,540Form
1Meguid Omar FathiSVP and Chief Digital Officer8082025Sell179.842,261406,618424,602Form
2Geveden Rex DPresident and CEO8082025Sell178.9924,4684,379,50335,462,375Form
3DUFFY ROBERT LSVP and Chief Admin. Officer3062025Sell104.036,000624,161333,510Form
4Geveden Rex DPresident and CEO2282025Sell107.1329,8823,201,33925,064,874Form