Wednesday 14 October 2026 Export BWXT’s income statement to Excel — free account

BWX Technologies, Inc.

BWX Technologies, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.2 billion, up 18.3% from fiscal 2024. In the quarter to June 2026, revenue grew 18.0%, EPS grew 12.8%, free cash flow fell 8.98% and total debt rose 31.8%, each against the same quarter a year earlier. Dividend growth for ten consecutive years, revenue growth for ten, operating cash flow growth for three.

137.50 1.36 −0.98%

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Market cap: $12.7B
P/E: 35.8×
Fwd P/E: 42.0×
Dividend yield: 0.76%
F-score: 5/9
Altman Z: 5.32
Beneish M: −1.91
Dividend safety: 82/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 8.99

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	1	—	—	2	1	—	2	—	—	1	—	—

Insider Ownership 0.50%

Capital & Financial Ratios $m

Market Cap 12,720.00

Revenue 3,513.97

Net Income 356.16

Free Cash Flow 316.76

Net Debt 1,408.57

Current Ratio 2.40

Debt/Equity 1.51

P/E ratio 35.79

Fwd P/E 42.00

P/S ratio 3.62

P/B ratio 9.55

Past 5Y EPS Growth 4.23%

This Y EPS Growth 18.27%

Next Y EPS Growth 10.44%

Next Y revenue growth 19.31%

Next 5Y EPS Growth 14.00%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 75.87%

10-year low 10-year high

P/S against its own 10 years 76.42%

10-year low 10-year high

P/B against its own 10 years 35.57%

10-year low 10-year high

EV/Sales against its own 10 years 80.44%

10-year low 10-year high

EV/FCF against its own 10 years 38.23%

10-year low 10-year high

Dividends

Payout Ratio 0.27

Annual Dividend Rate 1.06

Annual Dividend Yield 0.76%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	1.06	0.27 0.27 0.27
2025	1.00	0.25 0.25 0.25 0.25
2024	0.96	0.24 0.24 0.24 0.24
2023	0.92	0.23 0.23 0.23 0.23
2022	0.88	0.22 0.22 0.22 0.22
2021	0.84	0.21 0.21 0.21 0.21
2020	0.76	0.19 0.19 0.19 0.19
2019	0.68	0.17 0.17 0.17 0.17
2018	0.64	0.16 0.16 0.16 0.16
2017	0.42	0.09 0.11 0.11 0.11
2016	0.36	0.09 0.09 0.09 0.09

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	79	77	503	611
Receivables	87	152	288	287
Inventory	—	40	47	46
Other	653	661	723	765
	818	930	1,560	1,710

	2023	2024	2025	Q'26
Payables	127	158	141	213
ST’ Debt	6	13	—	—
Other	107	161	305	313
	375	474	672	713

Compound Annual Growth %

	10y	5y	3y
Sales	8.49%	8.54%	12.73%
Cash Flow	3.65%	19.56%	25.17%
Earnings	9.61%	3.37%	11.36%
Book Value	15.99%	14.82%	18.11%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	860	902	—	—	—
’25	682	764	866	886	3,198
’24	604	681	672	746	2,704
’23	568	612	590	726	2,496
’22	531	554	524	624	2,233
’21	528	505	499	592	2,124
’20	542	505	520	557	2,124

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	93	156	—	—	—
’25	51	159	143	127	480
’24	33	66	33	277	408
’23	(13)	81	74	222	364
’22	(5)	77	65	108	245
’21	98	60	67	160	386
’20	(6)	162	(8)	48	196

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	50	115	—	—	—
’25	17	126	95	57	295
’24	3	35	(8)	224	255
’23	(43)	41	43	171	212
’22	(58)	35	25	44	46
’21	(4)	(8)	1	86	75
’20	(71)	111	(72)	(27)	(59)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.99	0.97	—	—	—
’25	0.82	0.85	0.89	1.01	3.58
’24	0.75	0.79	0.76	0.77	3.07
’23	0.67	0.64	0.66	0.72	2.68
’22	0.64	0.82	0.67	0.47	2.60
’21	0.73	0.62	0.63	1.26	3.24
’20	0.79	0.67	0.76	0.69	2.91

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	26.89	39.03	35.91	37.40	40.40	45.50	42.58	55.47	74.69	84.21	Analyst estimates 2026–2028 Powerpack
	High	40.66	62.85	72.18	64.11	70.57	68.68	62.84	81.66	136.31	218.50
People
People	Employees	5,900	6,100	6,250	6,450	6,700	6,600	7,000	7,800	8,700	10,400
	Revenue/emp, $m	0.26	0.28	0.29	0.29	0.32	0.32	0.32	0.32	0.31	0.31
Income, $m
Income, $m	Revenue	1,551	1,688	1,800	1,895	2,124	2,124	2,233	2,496	2,704	3,198
	Gross margin, %	29.94	29.37	28.00	28.17	27.10	25.91	24.72	24.86	24.23	22.91
	EBT	257	296	280	314	362	396	314	321	349	398
	EBT margin, %	16.59	17.53	15.56	16.56	17.06	18.63	14.08	12.88	12.90	12.45
	Net income	184	148	227	245	279	306	239	246	282	330
	Depreciation	51	57	60	62	61	69	74	79	86	109
Per share, $
Per share, $	Revenue	15.13	16.99	18.17	19.87	22.25	22.53	24.42	27.25	29.52	34.93
	Earnings	1.79	1.49	2.29	2.56	2.92	3.24	2.60	2.68	3.08	3.59
	Cash flow	2.34	2.23	1.71	2.93	2.06	4.09	2.68	3.97	4.46	5.24
	Capex	(0.51)	(0.98)	(1.10)	(1.91)	(2.67)	(3.30)	(2.17)	(1.65)	(1.68)	(2.02)
	Free cash flow	1.83	1.26	0.61	1.02	(0.61)	0.80	0.51	2.32	2.78	3.22
	Book value	1.47	2.88	2.38	4.24	6.47	6.76	8.18	10.19	11.80	13.47
	Shares, m	102	99	99	95	95	94	91	92	92	92
Valuation, ×
Valuation, ×	P/E	22.28	40.62	16.77	24.35	20.64	14.69	22.15	28.38	36.05	48.01
	P/S	2.59	3.56	2.10	3.12	2.71	2.13	2.36	2.80	3.77	4.95
	P/B	26.72	21.04	16.07	14.65	9.31	7.08	7.04	7.49	9.44	12.84
	EV/Sales	2.84	3.74	2.51	3.51	3.14	2.67	2.92	3.25	4.13	5.43
	EV/FCF	23.57	50.73	76.27	68.89	(112.29)	76.32	142.64	38.38	44.00	58.91
Cash, $m
Cash, $m	Operating cash flow	240	222	169	279	196	386	245	364	408	480
	Capex	(53)	(97)	(109)	(182)	(255)	(311)	(198)	(151)	(154)	(185)
	Free cash flow	187	125	60	97	(59)	75	46	212	255	295
Balance, $m
Balance, $m	Working capital	254	345	165	225	244	314	404	443	456	888
	Total debt	525	509	768	824	955	1,193	1,289	1,210	1,055	2,016
	Net debt	379	295	731	729	905	1,153	1,247	1,131	979	1,513
	Shareholders’ equity	150	286	236	404	618	637	748	933	1,080	1,233
Returns, %
Returns, %	ROA	12.39	8.98	13.48	13.70	13.26	12.76	9.30	9.16	10.04	9.21
	ROIC	27.69	31.42	19.73	17.96	14.71	12.08	10.92	11.60	11.55	9.21
	ROE	85.13	67.79	87.05	76.31	54.54	48.74	34.38	29.24	28.00	28.44

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
WWD Woodward, Inc.	$19.6B	35.9×	38.5×	+21.22% (above 0%: growing)	+35.71% (above 0%: growing)	−12.15% (below 0%: shrinking)	31.53%	16.66%	Compare
CW Curtiss-Wright Corporation	$18.6B	34.4×	48.5×	+5.41% (above 0%: growing)	+27.41% (above 0%: growing)	+37.04% (above 0%: growing)	39.40%	19.34%	Compare
FTAI FTAI Aviation Ltd.	$17.0B	35.8×	33.8×	+40.94% (above 0%: growing)	−27.22% (below 0%: shrinking)	−349.55% (below 0%: shrinking)	33.29%	20.44%	Compare
TXT Textron Inc.	$13.0B	14.0×	16.3×	+2.99% (above 0%: growing)	+5.19% (above 0%: growing)	−40.57% (below 0%: shrinking)	18.13%	6.98%	Compare
BWXT BWX Technologies, Inc.	$12.8B	35.8×	42.0×	+18.01% (above 0%: growing)	+12.79% (above 0%: growing)	−8.98% (below 0%: shrinking)	22.44%	15.37%
EMBJ Embraer-Empresa Brasileira de Aeronautica	$12.8B	29.1×	—	+22.87% (above 0%: growing)	+176.74% (above 0%: growing)	+287.11% (above 0%: growing)	19.90%	12.79%	Compare
MOG.A Moog Inc.	$11.8B	31.4×	36.7×	+15.16% (above 0%: growing)	+153.97% (above 0%: growing)	+67.52% (above 0%: growing)	31.10%	14.41%	Compare
HII Huntington Ingalls Industries, Inc.	$10.4B	15.4×	16.8×	+10.90% (above 0%: growing)	+36.53% (above 0%: growing)	−120.66% (below 0%: shrinking)	12.61%	6.76%	Compare
DRS Leonardo DRS, Inc.	$9.5B	28.8×	37.8×	+10.13% (above 0%: growing)	+65.00% (above 0%: growing)	+110.71% (above 0%: growing)	25.96%	11.17%	Compare
Median of peers	$12.9B	30.2×	36.7×	+13.03%	+36.12%	+12.45%	28.53%	13.60%

All 82 Aerospace & Defense stocks →

BWX Technologies, Inc. (BWXT) key facts

Strength: BWX Technologies, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.2 billion, up 18.3% from fiscal 2024.
Strength: Net income was $329.9 million, or $3.59 per share (basic), a net margin of 10.3%.
BWX Technologies, Inc. (BWXT) is an Aerospace & Defense company in the Industrials sector, listed on the New York Stock Exchange.
As of October 13, 2026, BWXT traded at $138.86, a market capitalization of $12.7 billion.
At that price the stock trades at 35.8× trailing-twelve-month earnings and 3.6× sales; its P/E is higher than 76% of its own readings over the past ten years.
BWX Technologies, Inc. pays an annual dividend of $1.06 per share, a yield of 0.76%, with a payout ratio of 27.5%.
Return on equity was 28.4% and debt-to-equity 1.51.
Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 5.32 (safe zone) for fiscal 2025.