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BWX Technologies, Inc.

BWX Technologies, Inc.

NYSE•BWXT
CEO: Mr. Rex D. Geveden
Sector: Industrials
Industry: Aerospace & Defense
Listing Date: 2010-08-02
BWX Technologies, Inc., together with its subsidiaries, manufactures and sells nuclear components in the United States, Canada, and internationally. It operates through two segments, Government Operations and Commercial Operations. The Government Operations segment designs and manufactures naval nuclear components, reactors, and nuclear fuel; fabrication activities; and supplies proprietary and sole-source valves, manifolds, and fittings to naval and commercial shipping customers. This segment also involved in manufacture of close-tolerance and equipment for nuclear applications; down blend government stockpiles of uranium; receives, stores, characterizes, dissolves, recovers, and purifies uranium-bearing materials; and supplies research reactor fuel elements for colleges, universities, and national laboratories, as well as components for defense applications. The Commercial Operations segment designs and manufactures commercial nuclear steam generators, heat exchangers, pressure vessels, and reactor components; and other auxiliary equipment, including containers for the storage of nuclear fuel and other high-level nuclear waste. This segment also offers nuclear fuel, fuel handling systems, tooling delivery systems, nuclear grade materials, and precisely machined components, and related services for CANDU nuclear power plants; provides in-plant inspection, maintenance, and modification services, as well as non-destructive examination and tooling/repair solutions; and manufactures medical radioisotopes, radiopharmaceuticals, and medical devices. The company was formerly known as The Babcock & Wilcox Company and changed its name to BWX Technologies, Inc. in June 2015. BWX Technologies, Inc. was founded in 1867 and is headquartered in Lynchburg, Virginia.
Contact Information
800 Main Street, 4th Floor, Lynchburg, VA, 24504, United States
434-522-3800
www.bwxt.com
Market Cap
$16.23B
P/E (TTM)
53.0
36.4
Dividend Yield
0.6%
52W High
$218.50
52W Low
$84.21
52W Range
70%
Rank16Top 2.4%
6.9
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Strong • 6.9 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q3 2025 Data

Revenue

$866.29M+28.92%
4-Quarter Trend

EPS

$0.90+18.42%
4-Quarter Trend

FCF

$94.89M-1336.71%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Nine Month Revenue Growth Nine months revenue reached $2.31B USD, increasing 18.1% versus prior year period due to segment expansion.
Net Income Rises Net Income Attributable to BWXT for nine months totaled $236.0M USD, up $25.1M compared to 2024 results.
Backlog Substantially Increases Ending Backlog reached $7.39B USD as of September 30, 2025, a $2.55B increase from December 31, 2024.
Operating Cash Flow Surge Net Cash Provided by Operating Activities was $352.9M USD for nine months, significantly higher than $131.5M last year.

Risk Factors

Acquisition Integration Ongoing Kinectrics integration into internal control structure is ongoing and expected to continue into 2026, posing potential disruption.
Government Contract Dependency Government Operations segment revenues rely heavily on U.S. Government spending, accounting for 90% to 93% of segment sales.
Tax Legislation Uncertainty Evaluating impact of recently enacted 'One Big Beautiful Bill Act' on future effective tax rates and financial results.
Contract Estimate Adjustments Refining estimates on variable consideration and costs impacts profitability via cumulative catch-up adjustments recognized in period.

Outlook

Strategic Acquisitions Completed Acquired A.O.T. and Kinectrics to enhance Government Operations and Commercial Operations capabilities across key markets.
Sufficient Liquidity Maintained Company believes cash, equivalents, and borrowing capacity are adequate to satisfy cash requirements for the next 12 months.
Backlog Recognition Schedule Expect to recognize approximately 35% of the current $7.39B backlog revenue by the end of fiscal year 2026.
Credit Facility Compliance All covenants under the Amended and Restated Credit Facility were in compliance as of September 30, 2025.

Peer Comparison

Revenue (TTM)

Southwest Airlines Co.LUV
$27.55B
+0.6%
AECOMACM
$16.14B
+0.2%
Textron Inc.TXT
$14.24B
+0.6%

Gross Margin (Latest Quarter)

Pentair plcPNR
41.0%
+1.4pp
Curtiss-Wright CorporationCW
37.7%
+0.3pp
Lennox International Inc.LII
33.3%
+0.7pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
ESLT$26.89B66.011.8%8.7%
LUV$21.49B60.14.3%18.6%
CW$21.45B46.018.5%24.0%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
5.1%
Steady Growth
4Q Net Income CAGR
5.0%
Profitability Slowly Improving
Cash Flow Stability
100%
Strong Cash Flow

Research & Insights

Next earnings:Feb 23, 2026
|
EPS:$0.90
|
Revenue:-
Reports
All Years
  • Form 10-Q - Q3 2025

    Period End: Sep 30, 2025|Filed: Nov 3, 2025|
    Revenue: $866.29M+28.9%
    |
    EPS: $0.90+18.4%
    Beat
  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Aug 4, 2025|
    Revenue: $764.04M+12.1%
    |
    EPS: $0.86+7.5%
    Beat
  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: May 5, 2025|
    Revenue: $682.26M+13.0%
    |
    EPS: $0.82+9.3%
    Beat
  • Form 10-K/A - FY 2024

    Period End: Dec 31, 2024|Filed: Mar 19, 2025|
    Revenue: $2.70B+8.3%
    |
    EPS: $3.08+14.9%
    Beat
  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Feb 24, 2025|Refer to amended data
  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Nov 4, 2024|
    Revenue: $671.96M+13.9%
    |
    EPS: $0.76+15.2%
    Meet
  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Aug 5, 2024|
    Revenue: $681.47M+11.3%
    |
    EPS: $0.80+25.0%
    Beat
  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: May 6, 2024|
    Revenue: $603.97M+6.3%
    |
    EPS: $0.75+11.9%
    Beat