BWX Technologies (BWXT)

NYSE Industrials Aerospace & Defense S&P MidCap 400

$119.52

+4.56 (+3.97%)

Close of Nov 06, 2026 · end-of-day data

Source: BWX Technologies's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 03, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$1.55B	$1.69B	$1.80B	$1.89B	$2.12B	$2.12B	$2.23B	$2.50B	$2.70B	$3.20B
Cost of revenue	$1.09B	$1.19B	$1.30B	$1.36B	$1.55B	$1.57B	$1.68B	$1.88B	$2.05B	$2.47B
Gross profit	$464.23M	$495.75M	$504.01M	$533.86M	$575.40M	$550.28M	$551.93M	$620.59M	$655.21M	$732.86M
Research & development	$6.41M	$7.19M	$15.22M	$17.67M	$14.19M	$11.06M	$9.54M	$7.61M	$7.48M	$13.87M
Selling, general & admin	$209.51M	$210.15M	$214.09M	$216.77M	$231.17M	$230.40M	$234.28M	$279.69M	$318.66M	$394.42M
Operating income	$234.43M	$292.22M	$304.98M	$325.52M	$358.55M	$345.85M	$348.57M	$383.06M	$380.61M	$404.46M
Interest expense	$8.39M	$14.88M	$27.82M	$35.32M	$31.01M	$35.76M	$36.41M	$47.04M	$39.48M	$44.21M
Pre-tax income	$257.27M	$295.78M	$280.14M	$313.74M	$362.17M	$395.71M	$314.38M	$321.40M	$348.72M	$398.12M
Income tax	$73.66M	$147.41M	$52.84M	$69.06M	$82.98M	$89.42M	$75.76M	$75.08M	$66.42M	$68.26M
Net income	$183.06M	$147.84M	$226.96M	$244.12M	$278.67M	$305.87M	$238.19M	$245.85M	$281.94M	$328.94M
EBITDA	$284.98M	$348.78M	$365.07M	$387.24M	$419.23M	$414.93M	$422.41M	$461.62M	$466.47M	$513.64M
EPS (basic)	$1.79	$1.49	$2.29	$2.56	$2.92	$3.24	$2.60	$2.68	$3.08	$3.59
EPS (diluted)	$1.76	$1.47	$2.27	$2.55	$2.91	$3.24	$2.60	$2.68	$3.07	$3.58
Diluted shares	103.84M	100.37M	100.02M	95.81M	95.73M	94.52M	91.70M	91.87M	91.86M	91.86M
Gross margin	29.9%	29.4%	28.0%	28.2%	27.1%	25.9%	24.7%	24.9%	24.2%	22.9%
Operating margin	15.1%	17.3%	16.9%	17.2%	16.9%	16.3%	15.6%	15.3%	14.1%	12.6%
Net margin	11.8%	8.8%	12.6%	12.9%	13.1%	14.4%	10.7%	9.8%	10.4%	10.3%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$125.64M	$203.40M	$29.87M	$86.54M	$42.61M	$33.89M	$35.24M	$75.77M	$74.11M	$499.78M
Short-term investments	$14.52M	$2.93M	$3.60M	$5.84M	$3.71M	$3.81M	$3.80M	$0	—	—
Receivables	$135.95M	$189.22M	$71.57M	$56.72M	$153.37M	$70.66M	$60.78M	$70.18M	$99.11M	$220.39M
Inventory	$7.70M	$8.60M	$16.00M	$17.10M	$15.00M	$16.30M	$22.90M	$27.40M	$40.29M	$46.54M
Total current assets	$693.57M	$873.09M	$542.45M	$629.75M	$773.60M	$773.73M	$771.62M	$817.80M	$930.00M	$1.56B
Goodwill	$210.79M	$218.33M	$274.08M	$275.50M	$283.71M	$285.50M	$293.17M	$297.02M	$287.36M	$500.86M
Total assets	$1.58B	$1.71B	$1.66B	$1.91B	$2.29B	$2.50B	$2.62B	$2.75B	$2.87B	$4.27B
Total current liabilities	$439.88M	$528.13M	$377.35M	$404.71M	$529.73M	$459.62M	$367.86M	$375.05M	$474.20M	$672.02M
Short-term debt	$27.37M	$27.87M	$14.23M	$14.71M	$0	$0	$6.25M	$6.25M	$12.50M	$0
Long-term debt	$497.72M	$481.06M	$753.62M	$809.44M	$862.73M	$1.19B	$1.28B	$1.20B	$1.04B	$2.02B
Total debt	$525.09M	$508.93M	$767.84M	$824.15M	$862.73M	$1.19B	$1.29B	$1.21B	$1.06B	$2.02B
Total liabilities	$1.43B	$1.43B	$1.42B	$1.50B	$1.68B	$1.86B	$1.87B	$1.81B	$1.79B	$3.04B
Shareholders' equity	$150.02M	$285.39M	$235.66M	$404.11M	$617.77M	$637.17M	$748.31M	$933.35M	$1.08B	$1.23B

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$239.91M	$221.96M	$169.29M	$279.37M	$196.44M	$386.03M	$244.70M	$363.70M	$408.43M	$479.85M
Capital expenditures	$52.63M	$96.88M	$109.34M	$182.12M	$255.03M	$311.05M	$198.31M	$151.29M	$153.65M	$184.56M
Free cash flow	$187.27M	$125.08M	$59.95M	$97.24M	-$58.59M	$74.97M	$46.39M	$212.41M	$254.78M	$295.29M
Investing cash flow	-$188.92M	-$89.68M	-$326.72M	-$180.00M	-$265.32M	-$304.65M	-$256.24M	-$155.64M	-$154.56M	-$742.11M
Financing cash flow	-$88.90M	-$61.18M	-$9.32M	-$43.71M	$25.05M	-$90.14M	$13.95M	-$169.37M	-$252.78M	$693.64M
Dividends paid	$37.37M	$42.04M	$63.82M	$65.37M	$72.94M	$79.67M	$81.07M	$84.97M	$88.35M	$92.47M
Share buybacks	$293.00M	$0	$214.76M	$20.00M	$21.96M	$225.79M	$20.00M	$0	$20.00M	$30.00M
Stock-based compensation	$15.37M	$15.22M	$11.88M	$12.73M	$16.84M	$18.61M	$14.13M	$15.90M	$21.68M	$26.07M
Depreciation & amortization	$50.55M	$56.56M	$60.10M	$61.72M	$60.67M	$69.08M	$73.84M	$78.57M	$85.86M	$109.19M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$725.51M	$603.97M	$681.47M	$671.96M	$746.27M	$682.26M	$764.04M	$866.29M	$885.84M	$860.22M	$901.62M	$952.97M
Cost of revenue	$536.97M	$455.36M	$513.20M	$508.00M	—	$517.07M	$572.64M	$677.29M	—	$662.85M	$699.32M	$725.83M
Gross profit	$188.55M	$148.61M	$168.27M	$163.96M	—	$165.19M	$191.40M	$188.99M	—	$197.37M	$202.31M	$227.14M
Research & development	$1.66M	$1.49M	$1.27M	$2.08M	$2.64M	$2.01M	$4.57M	$3.48M	$3.81M	$4.10M	$4.17M	$3.83M
Selling, general & admin	$74.59M	$67.36M	$79.78M	$80.83M	$90.69M	$87.57M	$102.94M	$93.38M	$110.53M	$108.02M	$108.43M	$117.22M
Operating income	$123.19M	$92.96M	$98.81M	$96.58M	$92.26M	$96.63M	$102.42M	$113.35M	$92.06M	$106.69M	$114.14M	$132.08M
Interest expense	$11.84M	$9.60M	$10.69M	$9.91M	$9.29M	$7.99M	$11.74M	$14.02M	$10.45M	$4.73M	$5.28M	$5.11M
Pre-tax income	$85.62M	$88.38M	$91.63M	$90.62M	$78.09M	$91.82M	$97.76M	$107.57M	$100.98M	$107.32M	$113.59M	$131.90M
Income tax	$19.31M	$19.84M	$18.58M	$20.98M	$7.01M	$16.29M	$19.30M	$25.38M	$7.29M	$16.13M	$24.50M	$29.92M
Net income	$65.89M	$68.47M	$72.97M	$69.48M	$71.02M	$75.46M	$78.39M	$82.11M	$92.99M	$91.07M	$89.01M	$101.71M
EBITDA	$143.55M	$113.51M	$120.41M	$117.85M	$114.69M	$120.54M	$129.68M	$141.81M	$121.61M	$135.70M	$145.50M	$165.59M
EPS (basic)	$0.72	$0.75	$0.80	$0.76	$0.78	$0.82	$0.86	$0.90	$1.02	$0.99	$0.97	$1.11
EPS (diluted)	$0.72	$0.75	$0.79	$0.76	$0.77	$0.82	$0.85	$0.89	$1.01	$0.99	$0.97	$1.11
Diluted shares	41.09K	91.86M	91.80M	91.89M	10.01K	91.87M	91.70M	91.79M	68.01K	91.91M	92.01M	91.99M
Gross margin	26.0%	24.6%	24.7%	24.4%	—	24.2%	25.1%	21.8%	—	22.9%	22.4%	23.8%
Operating margin	17.0%	15.4%	14.5%	14.4%	12.4%	14.2%	13.4%	13.1%	10.4%	12.4%	12.7%	13.9%
Net margin	9.1%	11.3%	10.7%	10.3%	9.5%	11.1%	10.3%	9.5%	10.5%	10.6%	9.9%	10.7%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$75.77M	$45.90M	$48.34M	$35.52M	$74.11M	$55.44M	$36.98M	$79.59M	$499.78M	$512.36M	$608.20M	$568.53M
Short-term investments	$0	—	—	—	—	—	—	—	—	—	—	—
Receivables	$70.18M	$85.02M	$89.37M	$90.23M	$99.11M	$89.14M	$148.76M	$181.17M	$220.39M	$185.22M	$198.25M	$168.80M
Inventory	$27.40M	$41.40M	$32.30M	$37.50M	$40.29M	$49.65M	$51.56M	$57.80M	$46.54M	$45.60M	$46.29M	$35.97M
Total current assets	$817.80M	$864.66M	$909.84M	$982.95M	$930.00M	$975.78M	$996.88M	$1.10B	$1.56B	$1.62B	$1.71B	$1.80B
Goodwill	$297.02M	$294.34M	$293.16M	$295.13M	$287.36M	$349.33M	$512.60M	$501.57M	$500.86M	$496.26M	$494.92M	$472.97M
Total assets	$2.75B	$2.79B	$2.84B	$2.95B	$2.87B	$3.05B	$3.70B	$3.78B	$4.27B	$4.32B	$4.42B	$4.75B
Total current liabilities	$375.05M	$386.82M	$408.58M	$437.47M	$474.20M	$483.94M	$590.19M	$646.56M	$672.02M	$674.22M	$713.27M	$960.93M
Short-term debt	$6.25M	$7.81M	$9.38M	$10.94M	$12.50M	$12.50M	$12.50M	$12.50M	$0	—	—	—
Long-term debt	$1.20B	$1.22B	$1.20B	$1.22B	$1.04B	$1.19B	$1.52B	$1.50B	$2.02B	$2.02B	$2.02B	$2.02B
Total debt	$1.21B	$1.23B	$1.21B	$1.23B	$1.06B	$1.20B	$1.53B	$1.51B	$2.02B	$2.02B	$2.02B	$2.02B
Total liabilities	$1.81B	$1.84B	$1.84B	$1.89B	$1.79B	$1.95B	$2.51B	$2.54B	$3.04B	$3.04B	$3.09B	$3.34B
Shareholders' equity	$933.35M	$946.22M	$998.49M	$1.06B	$1.08B	$1.10B	$1.18B	$1.24B	$1.23B	$1.28B	$1.33B	$1.42B

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$221.76M	$33.03M	$65.89M	$32.63M	$276.88M	$50.65M	$159.04M	$143.16M	$127.00M	$92.60M	$156.40M	$202.72M
Capital expenditures	$50.79M	$30.42M	$30.41M	$40.30M	$52.52M	$33.37M	$32.73M	$48.27M	$70.19M	$42.51M	$41.43M	$52.26M
Free cash flow	$170.98M	$2.60M	$35.49M	-$7.67M	$224.36M	$17.28M	$126.31M	$94.89M	$56.80M	$50.09M	$114.97M	$150.45M
Investing cash flow	-$50.66M	-$30.32M	-$30.30M	-$40.30M	-$53.64M	-$156.35M	-$473.13M	-$44.41M	-$68.22M	-$46.94M	-$37.50M	-$220.45M
Financing cash flow	-$147.18M	-$32.16M	-$32.85M	-$4.89M	-$182.89M	$84.79M	$301.04M	-$46.22M	$354.03M	-$34.20M	-$22.79M	-$24.02M
Dividends paid	$21.10M	$22.40M	$21.98M	$21.95M	$22.02M	$23.66M	$23.14M	$22.91M	$22.76M	$25.79M	$24.66M	$24.74M
Share buybacks	$0	$20.00M	$0	$0	$0	$30.00M	$0	$0	$0	$0	$0	$0
Stock-based compensation	$3.59M	$4.30M	$5.98M	$4.57M	$6.83M	$5.05M	$8.69M	$6.99M	$5.35M	$10.17M	$9.95M	$9.77M
Depreciation & amortization	$20.36M	$20.55M	$21.61M	$21.27M	$22.43M	$23.91M	$27.26M	$28.46M	$29.56M	$29.01M	$31.36M	$33.51M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.