BWX Technologies Inc

BWX Technologies Inc

BWXT · NYSE · Industrials / Aerospace & Defense

122.97USD-1.02 (-0.82%)

Price History

Full chart

Market Stats

Previous Close123.99
Open124.59
Day Range120.28 – 125.04
52-Week Range136.50 – 241.12
Volume780.10K
Market Cap12.71B
P/E (TTM)35.93
Forward P/E26.95
EPS3.86
Dividend Yield0.76%
Beta0.74
50-Day Avg160.90
200-Day Avg190.95

About

BWX Technologies, Inc. manufactures and sells nuclear components in the United States, Canada, and internationally. The company operates through two segments, Government Operations and Commercial Operations. It manufactures precision naval nuclear components, reactors, and nuclear fuel; close-tolerance and high-quality equipment for nuclear applications; critical nuclear components, fuels and assemblies for government and limited other uses; down blend government stockpiles of uranium; and fabricate fuel-bearing precision components. The company also supplies proprietary and sole-source valves, manifolds, and fittings to naval and commercial shipping customers; research reactor fuel elements for colleges, universities, and national laboratories; and components for defense applications. In addition, it manufactures commercial nuclear steam generators, nuclear fuel, fuel handling systems, pressure vessels, reactor components, heat exchangers, tooling delivery systems; and containers for the storage of nuclear fuel and other high-level nuclear waste. Further, the company supplies nuclear fuel, fuel handling systems, tooling delivery systems, nuclear-grade materials and precisely machined components; and manufactures medical radioisotopes, radiopharmaceuticals, and medical devices. Additionally, it provides specialized engineering services that include structural component design, 3-D thermal-hydraulic engineering analysis, weld and robotic process development, electrical and controls engineering and metallurgy and materials engineering; in-plant inspection, maintenance and modification services; and non-destructive examination and tooling/repair solutions. It also offers nuclear power plant lifecycle support and management services. 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.

Company Details

  • SectorIndustrials
  • IndustryAerospace & Defense
  • CEOMr. Rex D. Geveden
  • Employees11.00K
  • Headquarters800 Main Street, Lynchburg, VA, United States, 24504, USA
  • Websitehttps://www.bwxt.com

Leadership

  • Mr. Rex D. GevedenPresident, CEO & Director · b. 1962
  • Mr. Michael T. FitzgeraldSenior VP & CFO · b. 1985
  • Mr. Robert L. DuffySenior VP & Chief Administrative Officer · b. 1967
  • Mr. Gonzalo R. CajadeSenior VP & CHRO · b. 1976
  • Mr. Joseph K. MillerPresident of Government Operations · b. 1980
  • Mr. Kevin M. McCoyChief Nuclear Officer · b. 1957
  • Ms. Suzanne MadduxSenior Vice President of Operations
  • Mr. Kevin GormanCorporate Controller & Chief Accounting Officer · b. 1975
  • Mr. Chase JacobsonVice President of Investor Relations & Strategic Finance
  • Mr. Toby W. SmithSenior VP General Counsel, Chief Compliance Officer & Corporate Secretary · b. 1974

Financials

Income Statement

Currency: USD2005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue601.00M2.52B3.20B3.40B2.85B2.69B2.95B3.29B1.55B1.45B1.42B1.55B1.69B1.80B1.89B2.12B2.12B2.23B2.50B2.70B3.20B
Growth (%)-+318.90%+27.10%+6.21%-16.01%-5.81%+9.79%+11.49%-53.01%-6.21%-2.42%+9.54%+8.85%+6.65%+5.28%+12.06%+0.03%+5.12%+11.80%+8.31%+18.30%
Cost of Revenue560.20M2.35B2.62B2.68B2.24B2.02B2.28B2.46B2.30B2.41B1.03B1.07B1.17B1.30B1.36B1.55B1.57B1.68B1.88B2.05B2.47B
Gross Profit40.80M169.00M579.90M720.64M619.25M664.78M673.83M830.15M967.56M513.64M388.09M476.04M516.88M504.01M533.86M575.40M550.28M551.93M620.59M655.21M731.52M
Gross Margin6.79%6.71%18.12%21.20%21.69%24.72%22.83%25.22%62.56%35.41%27.42%30.70%30.63%28.00%28.17%27.10%25.91%24.72%24.86%24.23%22.87%
Operating Expense-37.70M-39.80M242.30M276.16M349.69M415.92M578.16M483.56M660.65M488.52M182.15M241.62M224.65M199.04M208.34M216.84M204.43M203.36M237.53M274.60M408.28M
Operating Income78.50M208.80M337.60M444.48M269.56M248.85M95.67M346.59M306.91M25.13M205.94M234.43M292.22M304.98M325.52M358.55M345.85M348.57M383.06M380.61M323.24M
Operating Margin13.06%8.29%10.55%13.08%9.44%9.26%3.24%10.53%19.84%1.73%14.55%15.12%17.31%16.94%17.18%16.88%16.28%15.61%15.35%14.08%10.11%
EBITDA76.10M216.80M341.80M535.20M329.60M304.78M172.04M392.85M358.69M145.02M309.87M316.21M367.22M368.06M410.78M453.86M500.55M424.63M447.00M474.06M551.51M
EBITDA Margin12.66%8.61%10.68%15.75%11.55%11.34%5.83%11.94%23.19%10.00%21.89%20.39%21.76%20.45%21.68%21.37%23.57%19.02%17.91%17.53%17.24%
Net Income93.80M132.00M215.30M323.77M147.76M153.26M169.65M227.69M346.08M29.39M131.47M183.06M147.84M226.96M244.12M278.67M305.87M238.19M245.85M281.94M329.86M
Net Income Margin15.61%5.24%6.73%9.53%5.18%5.70%5.75%6.92%22.38%2.03%9.29%11.81%8.76%12.61%12.88%13.12%14.40%10.67%9.85%10.43%10.31%
R&D---38.50M53.25M69.17M106.40M120.56M79.23M73.23M10.54M6.41M7.19M15.22M17.67M14.19M11.06M9.54M7.61M7.48M13.87M
R&D as % of Total Revenue---1.13%1.87%2.57%3.60%3.66%5.12%5.05%0.74%0.41%0.43%0.85%0.93%0.67%0.52%0.43%0.30%0.28%0.43%
Interest Expense0014.20M22.74M24.59M12.94M4.54M3.73M2.65M7.09M10.18M8.39M14.88M27.82M35.32M31.01M35.76M36.41M47.04M39.48M44.21M
Interest Expense % of Total Revenue0.00%0.00%0.44%0.67%0.86%0.48%0.15%0.11%0.17%0.49%0.72%0.54%0.88%1.55%1.86%1.46%1.68%1.63%1.88%1.46%1.38%

Balance Sheet

Currency: USD2005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets2.51B2.51B2.51B2.51B2.60B2.50B2.79B2.84B2.61B2.86B1.38B1.58B1.71B1.66B1.91B2.29B2.50B2.62B2.75B2.87B4.27B
Total Liabilities--02.58B2.48B1.79B1.95B1.84B1.43B1.84B1.10B1.43B1.43B1.42B1.50B1.68B1.86B1.87B1.81B1.79B3.04B
Total Equity--2.51B-69.55M120.71M712.86M825.79M986.43M1.16B998.70M265.72M150.02M285.39M235.66M404.11M617.77M637.24M748.31M933.35M1.08B1.23B
Cash--0279.65M469.47M391.14M415.21M383.55M346.12M312.97M154.73M125.64M203.40M29.87M86.54M42.61M33.89M35.24M78.62M74.11M502.86M
Total Debt---333.33M331.22M5.64M5.29M4.49M4.90M303.21M300.00M525.09M508.93M767.84M824.15M951.42M1.19B1.29B1.21B1.06B2.02B
Net Debt---53.68M-138.25M-385.50M-409.92M-379.06M-341.22M-9.75M145.27M399.45M305.52M737.97M737.61M908.82M1.16B1.25B1.13B981.36M1.51B

Cash Flow

Currency: USD2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow603.10M60.09M252.82M192.41M173.59M184.93M137.89M74.92M330.16M239.85M222.15M169.29M279.37M196.44M386.03M244.70M363.70M408.43M479.85M
Investing Cash Flow-194.90M-304.56M-67.64M-90.31M-154.32M-111.40M20.05M-199.81M-71.89M-179.69M-90.66M-326.72M-180.00M-265.32M-304.65M-256.24M-155.64M-154.56M-742.11M
Financing Cash Flow-321.40M60.02M-5.60M-183.73M7.54M-108.01M-190.88M104.60M-409.43M-88.90M-61.18M-9.32M-43.71M25.05M-90.14M13.95M-169.37M-252.78M693.64M
Capital Expenditure60.70M63.01M93.72M63.65M63.87M86.64M67.15M76.75M68.33M52.63M96.88M109.34M182.12M255.03M311.05M198.31M151.29M153.65M184.56M
Free Cash Flow542.40M-2.93M159.10M128.76M109.72M98.29M70.74M-1.83M261.83M187.22M125.27M59.95M97.24M-58.59M74.97M46.39M212.41M254.78M295.29M
Dividends Paid---143.33M20.85M9.48M38.01M43.47M34.48M37.37M42.04M63.82M65.37M72.94M79.67M81.07M84.97M88.35M92.47M
FCF to OCF89.94%-4.87%62.93%66.92%63.20%53.15%51.30%-2.44%79.30%78.06%56.39%35.41%34.81%-29.82%19.42%18.96%58.40%62.38%61.54%
Dividend Paid to FCF---111.32%19.01%9.65%53.74%-2380.56%13.17%19.96%33.56%106.45%67.23%-124.50%106.26%174.76%40.00%34.68%31.31%

Earnings

Report DateAug 9, 2010Nov 8, 2010Mar 1, 2011May 9, 2011Aug 8, 2011Nov 7, 2011Feb 29, 2012May 9, 2012Aug 7, 2012Nov 7, 2012Feb 27, 2013May 7, 2013Aug 7, 2013Nov 12, 2013Feb 26, 2014May 12, 2014Aug 6, 2014Nov 5, 2014Feb 25, 2015May 6, 2015Aug 5, 2015Nov 4, 2015Feb 24, 2016May 2, 2016Aug 8, 2016Oct 31, 2016Feb 27, 2017May 1, 2017Aug 7, 2017Nov 6, 2017Feb 27, 2018May 4, 2018Aug 6, 2018Nov 6, 2018Feb 25, 2019May 1, 2019Aug 5, 2019Nov 4, 2019Feb 24, 2020May 4, 2020Aug 3, 2020Nov 2, 2020Feb 22, 2021May 3, 2021Aug 2, 2021Nov 1, 2021Feb 22, 2022May 9, 2022Aug 8, 2022Nov 7, 2022Feb 23, 2023May 8, 2023Aug 3, 2023Nov 1, 2023Feb 27, 2024May 6, 2024Aug 5, 2024Nov 4, 2024Feb 25, 2025May 5, 2025Aug 4, 2025Nov 3, 2025Feb 25, 2026May 4, 2026Aug 3, 2026Nov 2, 2026
EPS Estimate0.320.370.360.380.370.370.410.380.430.440.420.490.670.550.570.420.490.430.430.430.310.320.350.320.380.380.380.460.470.450.460.610.600.620.590.600.520.650.640.610.560.660.710.710.720.790.930.660.750.710.930.620.600.630.930.690.740.770.810.760.790.870.890.931.011.19
EPS Actual0.410.310.450.110.470.440.540.390.440.370.510.460.720.570.520.420.440.530.640.470.320.400.380.440.440.390.460.550.560.460.470.670.580.400.740.510.620.790.710.790.710.790.740.730.620.630.950.690.820.690.930.700.650.671.010.760.820.830.920.911.021.001.081.121.07-
Surprise28.13%-16.22%25.00%-71.05%27.03%18.92%31.71%2.63%2.33%-15.91%21.43%-6.12%7.46%3.64%-8.77%0.00%-10.20%23.26%48.84%9.30%3.23%25.00%8.57%37.50%15.79%2.63%21.05%19.57%19.15%2.22%2.17%9.84%-3.33%-35.48%25.42%-15.00%19.23%21.54%10.94%29.51%26.79%19.70%4.23%2.82%-13.89%-20.25%2.15%4.55%9.33%-2.82%0.00%12.90%8.33%6.35%8.60%10.14%10.81%7.79%13.09%19.74%29.11%14.94%22.03%20.43%5.94%-
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Key Statistics & Ratios

Market Cap12.71B
Enterprise Value14.40B
Trailing P/E35.93
Forward P/E26.95
PEG Ratio1.67
Price / Sales3.62
Price / Book9.74
EPS3.86
Book Value14.57
Revenue (TTM)3.51B
Gross Profit (TTM)775.94M
EBITDA476.49M
Profit Margin10.11%
Operating Margin10.39%
Return on Equity28.29%
Return on Assets5.53%
Shares Outstanding91.62M
Shares Float91.23M
Beta0.74
Dividend Yield0.76%
Dividend Rate1.06
Payout Ratio24.82%

Analyst Ratings

Buy
Based on 15 analystsTarget 222.07
  • Strong Buy
    8
  • Buy
    2
  • Hold
    4
  • Strong Sell
    1

Ownership Breakdown

Institutions
94.35%
Insiders
0.36%
Retail / Other
5.29%

Top Institutional Holders

  • BlackRock Inc
    12.49M13.63%
  • Vanguard Portfolio Management, LLC
    4.89M5.34%
  • Vanguard Capital Management, LLC
    4.09M4.47%
  • State Street Corp
    3.75M4.09%
  • JPMorgan Chase & Co
    2.57M2.81%
  • Amvescap Plc.
    2.52M2.75%
  • First Trust Advisors L.P.
    2.08M2.27%
  • Alkeon Capital Management, LLC
    2.02M2.21%
  • Franklin Templeton Inc
    1.90M2.08%
  • Geode Capital Management, LLC
    1.79M1.96%
  • Select Equity Group LP
    1.70M1.86%
  • Van Eck Associates Corporation
    1.58M1.73%
  • Blair William & Co
    1.56M1.70%
  • T. Rowe Price Investment Management,Inc.
    1.33M1.45%
  • MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.
    1.29M1.41%

Top Fund Holders

  • iShares Core S&P Mid-Cap ETF
    3.21M3.50%
  • Vanguard MStar Total Stk Mkt Idx Invest
    2.91M3.18%
  • Vanguard Small Cap Index
    2.11M2.30%
  • First Trust RBA Amer Indl RenaisTM ETF
    1.86M2.03%
  • VanEck Uranium & Nuclear ETF
    1.42M1.55%

Dividends

20263×
0.27Aug 18, 20260.27May 19, 20260.27Mar 11, 2026
20254×
0.25Nov 19, 20250.25Aug 18, 20250.25May 19, 20250.25Mar 11, 2025
20244×
0.24Nov 19, 20240.24Aug 16, 20240.24May 16, 20240.24Mar 8, 2024
20234×
0.23Nov 20, 20230.23Aug 16, 20230.23May 18, 20230.23Mar 9, 2023
20224×
0.22Nov 18, 20220.22Aug 18, 20220.22May 19, 20220.22Mar 9, 2022
20214×
0.21Nov 18, 20210.21Aug 18, 20210.21May 18, 20210.21Mar 9, 2021
20201×
0.19Nov 19, 2020

Stock Splits

  • Jul 1, 20151398:1000