BWX Technologies, Inc.
BWX Technologies, Inc.
BWX Technologies, Inc. (BWXT) — SEC Financial Statements & Analysis
BWX Technologies, Inc. (BWXT) files its annual 10-K and quarterly 10-Q reports directly with the SEC. The financial data below is sourced as-filed from EDGAR — balance sheet, income statement, and cash flow as reported, without normalization or third-party adjustments.
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 512 | 500 | 80 | 37 | 55 | 74 | 36 | 48 | 46 | 76 | 50 | 34 | |||||
Restricted Cash And Cash Equivalents At Carrying V… | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | |||||
Accounts Receivable Net Current | 185 | 220 | 181 | 149 | 89 | 99 | 90 | 89 | 85 | 70 | 101 | 64 | |||||
Short Term Investments | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | |||||
Other Receivables Net Current | 67 | 68 | 30 | 25 | 43 | 53 | 16 | 17 | 13 | 16 | 21 | 31 | |||||
Inventory Net | 46 | 47 | 58 | 52 | 50 | 40 | - | - | - | - | - | - | |||||
Other Assets Current | 57 | 66 | 48 | 52 | 50 | 49 | 85 | 75 | 86 | 64 | 66 | 63 | |||||
Assets Current | 1,616 | 1,560 | 1,104 | 997 | 976 | 930 | 983 | 910 | 865 | 818 | 878 | 839 | |||||
Property Plant And Equipment Net | 1,596 | 1,585 | 1,536 | 1,538 | 1,298 | 1,278 | 1,278 | 1,278 | 1,278 | 1,229 | 1,186 | 1,183 | |||||
Goodwill | 496 | 501 | 502 | 513 | 349 | 287 | 295 | 293 | 294 | 297 | 294 | 297 | |||||
Deferred Income Tax Assets Net | 3 | 12 | 3 | 5 | 5 | 7 | 12 | 13 | 15 | 16 | 18 | 20 | |||||
Equity Method Investments | 158 | 150 | 176 | 176 | 124 | 99 | 98 | 92 | 91 | 89 | 105 | 104 | |||||
Intangible Assets Net Excluding Goodwill | 321 | 330 | 330 | 325 | 188 | 165 | 175 | 176 | 180 | 186 | 185 | 191 | |||||
Other Assets Noncurrent | 126 | 125 | 122 | 139 | 106 | 92 | 98 | 105 | 102 | 104 | 102 | 96 | |||||
Assets | 4,325 | 4,271 | 3,782 | 3,699 | 3,054 | 2,870 | 2,947 | 2,841 | 2,788 | 2,747 | 2,777 | 2,741 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Long Term Debt Current | - | 0 | 13 | 13 | 13 | 13 | 11 | 9 | 8 | 6 | 6 | 6 | |||||
Accounts Payable Current | 216 | 141 | 212 | 192 | 162 | 158 | 172 | 164 | 148 | 127 | 151 | 144 | |||||
Employee Related Liabilities Current | 73 | 118 | 91 | 83 | 43 | 77 | 53 | 47 | 40 | 65 | 58 | 49 | |||||
Other Accrued Liabilities Current | 114 | 108 | 120 | 105 | 72 | 65 | 81 | 63 | 79 | 70 | 63 | 61 | |||||
Contract With Customer Liability | - | 305 | - | - | - | 161 | - | - | - | 107 | - | - | |||||
Liabilities Current | 674 | 672 | 647 | 590 | 484 | 474 | 437 | 409 | 387 | 375 | 351 | 348 | |||||
Long Term Debt Noncurrent | 2,018 | 2,016 | 1,497 | 1,520 | 1,185 | 1,043 | 1,221 | 1,203 | 1,221 | 1,203 | 1,334 | 1,331 | |||||
Other Postretirement Defined Benefit Plan Liabilit… | 78 | 78 | 86 | 77 | 16 | 17 | 18 | 18 | 18 | 18 | 17 | 18 | |||||
Accrued Environmental Loss Contingencies Noncurren… | 102 | 100 | 98 | 97 | 96 | 94 | 93 | 91 | 92 | 91 | 96 | 95 | |||||
Defined Benefit Pension Plan Liabilities Noncurren… | 74 | 78 | 91 | 108 | 79 | 83 | 74 | 77 | 80 | 83 | 51 | 54 | |||||
Other Liabilities Noncurrent | 98 | 94 | 121 | 123 | 93 | 79 | 46 | 45 | 45 | 43 | 54 | 54 | |||||
Liabilities | 3,045 | 3,038 | - | - | - | 1,790 | - | - | - | - | - | - | |||||
Stockholders Equity Inclu… | |||||||||||||||||
Common Stock Value | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Additional Paid In Capital Common Stock | 173 | 160 | 252 | 243 | 234 | 229 | 222 | 217 | 211 | 206 | 203 | 198 | |||||
Retained Earnings Accumulated Deficit | 2,590 | 2,524 | 2,454 | 2,395 | 2,340 | 2,287 | 2,238 | 2,191 | 2,140 | 2,094 | 2,049 | 2,010 | |||||
Treasury Stock Common Value | -1,452 | -1,433 | -1,433 | -1,432 | -1,432 | -1,388 | -1,388 | -1,388 | -1,388 | -1,361 | -1,361 | -1,360 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -31 | -19 | -33 | -23 | -43 | -48 | -15 | -23 | -19 | -7 | -20 | -8 | |||||
Stockholders Equity | 1,280 | 1,233 | 1,242 | 1,184 | 1,100 | 1,080 | 1,059 | 998 | 946 | 933 | 872 | 842 | |||||
Minority Interest | -0 | 1 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | |||||
Liabilities And Stockholders Equity | 4,325 | 4,271 | 3,782 | 3,699 | 3,054 | 2,870 | 2,947 | 2,841 | 2,788 | 2,747 | 2,777 | 2,741 | |||||
Common Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Common Stock Shares Authorized | 325 | 325 | 325 | 325 | 325 | 325 | 325 | 325 | 325 | 325 | 325 | 325 | |||||
Common Stock Shares Issued | 129 | 129 | 129 | 129 | 129 | 128 | 128 | 128 | 128 | 128 | 128 | 128 | |||||
Preferred Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Preferred Stock Shares Authorized | 75 | 75 | 75 | 75 | 75 | 75 | 75 | 75 | 75 | 75 | 75 | 75 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Treasury Stock Common Shares | 37 | 37 | 37 | 37 | 37 | 37 | 37 | 37 | 37 | 37 | 37 | 37 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -9.48% | -8.54% | - | - | - | - | - | - | - | - | - | - |
| 2025 | 12.39% | 28.13% | 32.40% | 5.02% | 17.07% | 31.75% | -17.01% | -18.41% | -3.62% | 0.83% | 19.02% | 3.34% |
| 2024 | -6.58% | -3.67% | 0.53% | 11.77% | 17.84% | 33.50% | 9.54% | -5.80% | 6.86% | -0.26% | 4.08% | 10.08% |
| 2023 | -2.88% | 10.35% | 5.93% | 6.21% | 8.28% | 11.85% | 6.00% | 3.62% | 6.94% | 15.11% | 2.83% | -0.48% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 2.40 | 2.32 | 1.71 | 1.69 | 2.02 | 1.96 | 2.25 | 2.23 | 2.24 | 2.18 | 2.50 | 2.41 | |||||
| Quick Ratio | 2.33 | 2.25 | 1.62 | 1.60 | 1.91 | 1.88 | 2.25 | 2.23 | 2.24 | 2.18 | 2.50 | 2.41 | |||||
| Working Capital | 942.16M | 888.34M | 457.46M | 406.70M | 491.84M | 455.80M | 545.48M | 501.26M | 477.84M | 442.76M | 526.71M | 491.14M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 2.38 | 2.46 | 0.52 | 0.50 | 0.44 | 1.66 | 0.41 | 0.41 | 0.41 | 0.40 | 0.40 | 0.41 | |||||
| Interest Coverage TTM | 10.12 | 9.15 | 9.40 | 9.96 | 10.15 | 9.64 | 9.79 | 9.04 | 8.47 | 8.14 | 7.76 | 8.08 | |||||
| Debt Ratio | 0.70 | 0.71 | 0.17 | 0.16 | 0.16 | 0.62 | 0.15 | 0.14 | 0.14 | 0.14 | 0.13 | 0.13 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.92 | 0.90 | 0.91 | 0.88 | 0.95 | 0.96 | 0.94 | 0.93 | 0.92 | 0.93 | 0.88 | 0.86 | |||||
| Days Sales Outstanding TTM | 14.83 | 18.23 | 16.19 | 15.17 | 11.43 | 11.43 | 12.98 | 10.78 | 11.30 | 9.57 | 13.18 | 11.77 | |||||
| Receivables Turnover TTM | 24.61 | 20.02 | 22.54 | 24.06 | 31.95 | 31.94 | 28.12 | 33.85 | 32.30 | 38.12 | 27.69 | 31.00 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 3.76 | 3.59 | 3.35 | 3.21 | 3.15 | 3.07 | 3.01 | 2.92 | 2.76 | 2.68 | 2.43 | 2.44 | |||||
| Free Cash Flow Per Share TTM | 3.58 | 3.22 | 5.05 | 3.94 | 2.94 | 2.78 | 2.20 | 2.76 | 2.82 | 2.32 | 0.93 | 0.73 | |||||
| Dividend Per Share TTM | 1.03 | 1.01 | 1.00 | 0.99 | 0.98 | 0.96 | 0.95 | 0.95 | 0.94 | 0.93 | 0.92 | 0.91 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 22.66% | 22.91% | 23.54% | 24.26% | 24.15% | 24.23% | 24.95% | 25.34% | 24.96% | 24.86% | 24.74% | 24.18% | |||||
| Operating Profit Margin TTM | 12.28% | 12.65% | 13.23% | 13.54% | 13.81% | 14.08% | 15.34% | 15.39% | 15.33% | 15.35% | 15.10% | 15.30% | |||||
| Net Profit Margin TTM | 10.24% | 10.31% | 10.04% | 10.29% | 10.40% | 10.44% | 10.33% | 10.29% | 10.00% | 9.85% | 9.31% | 9.63% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 21.37% | 18.30% | 14.01% | 10.13% | 9.88% | 8.31% | 12.02% | 11.69% | 11.52% | 11.80% | 8.83% | 7.03% | |||||
| Net Income Growth (1Y) | 19.49% | 16.85% | 10.89% | 10.05% | 14.19% | 14.83% | 24.22% | 19.39% | 5.42% | 3.22% | -28.55% | -27.82% | |||||
| EPS Growth (1Y) | 19.40% | 16.86% | 10.90% | 10.07% | 14.14% | 14.88% | 24.34% | 19.47% | 5.36% | 3.02% | -28.75% | -28.00% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 54.17 | 47.85 | 54.73 | 44.51 | 31.00 | 35.76 | 35.49 | 32.01 | 36.45 | 28.04 | 30.13 | 28.50 | |||||
| P/B | 14.62 | 12.80 | 13.54 | 11.08 | 8.15 | 9.34 | 9.29 | 8.58 | 9.76 | 7.39 | 7.71 | 7.59 | |||||
| P/S TTM | 5.54 | 4.93 | 5.50 | 4.58 | 3.22 | 3.73 | 3.66 | 3.30 | 3.65 | 2.76 | 2.81 | 2.74 | |||||
| Market Cap | 18.72B | 15.78B | 16.81B | 13.11B | 8.96B | 10.09B | 9.83B | 8.57B | 9.23B | 6.89B | 6.72B | 6.39B | |||||
| Enterprise Value | 20.22B | 17.49B | 18.23B | 14.60B | 10.10B | 11.07B | 11.02B | 9.73B | 10.41B | 8.02B | 8.00B | 7.69B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 328.10M | 295.29M | 462.85M | 360.28M | 269.46M | 254.78M | 201.40M | 252.50M | 257.82M | 212.42M | 85.39M | 67.31M | |||||
| Net Debt | 1.50B | 1.70B | 1.42B | 1.49B | 1.14B | 974.90M | 1.19B | 1.16B | 1.18B | 1.13B | 1.28B | 1.30B | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
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| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
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| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
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| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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