BWX Technologies (BWXT) AI Stock Analysis

• Market Cap: $13.06B
• Dividend Yield: 0.7%
• Average Volume (3M): 1.44M
• Price to Earnings (P/E): 45.4
• Beta (1Y): 0.85
• Revenue Growth: 9.87%
• EPS Growth: 14.16%
• Country: US
• Employees: 8,700
• Sector: Industrials
• Sector Strength: 86
• Industry: Aerospace & Defense
• EPS (TTM): 0.91
• Shares Outstanding: 91,360,725
• 10 Day Avg. Volume: 1,632,627
• 30 Day Avg. Volume: 1,443,742
• PEG Ratio: 19.91
• Price to Book (P/B): 11.85
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 48.25
• Enterprise Value/Market Cap: 1.08
• Enterprise Value/Revenue: 1.31
• Enterprise Value/Gross Profit: 11.90
• Enterprise Value/Ebitda: 7.73
• 1Y Price Target: $134.27
• Price Target Upside: -6.05% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 8

• Rating: 75 Outperform
• Price Target: $158.00 ▲(10.56%Upside)

BWX Technologies demonstrates robust financial performance and positive strategic outlook, highlighted by strong earnings call results. However, concerns about valuation and potential technical pullbacks temper the overall score. The company's position within the Aerospace & Defense industry remains solid, with opportunities for future growth.

Positive Factors

Defense Sector

BWXT's strategic focus on supporting the defense industrial base strengthens its position at a time when other suppliers face challenges.

Market Opportunities

The radiopharma business represents a significant opportunity for BWXT, with the potential to serve a $30 billion market.

Strategic Partnerships

BWXT has secured content wins with GE Vernova, Rolls-Royce, and TerraPower, indicating a strong position in the SMR market.

Negative Factors

Contract Uncertainty

There are no contracts in place yet for BWXT's involvement with the AP1000 and AP300, indicating uncertainty in this area.

Margin Expectations

BWXT maintained most 2025 guidance including revenue, EBITDA and FCF, but expects margins in the commercial operations business segment to be at the lower end of the 2025 guidance range.

Quarterly Performance Expectations

BWXT expects a q/q decline in revenue & EBITDA in 2Q25.

BWX Technologies Business Overview & Revenue Model

Company Description

BWX Technologies, Inc. manufactures and sells nuclear components in the United States, Canada, and internationally. It operates in three segments: Nuclear Operations Group, Nuclear Power Group, and Nuclear Services Group. The Nuclear Operations Group segment provides precision naval and critical nuclear components, reactors, nuclear fuel, and assemblies for the United States Department of Energy/National Nuclear Security Administration's Naval Nuclear Propulsion Program and other uses; missile launch tubes for United States Navy submarines; close-tolerance and equipment for nuclear applications; and converts Cold War-era government stockpiles of high-enriched uranium, as well as receives, stores, characterizes, dissolves, recovers, and purifies uranium-bearing materials; supplies research reactor fuel elements for colleges, universities, and national laboratories; and components for defense applications. The Nuclear Power Group segment offers commercial nuclear steam generators, nuclear fuel, fuel handling systems, pressure vessels, reactor components, heat exchangers, tooling delivery systems, and containers; engineering and in-plant services for nuclear power plants; designs, manufactures, commissions, and services nuclear power generation equipment; in-plant inspection, maintenance, and modification services, as well as non-destructive examination and tooling/repair solutions; and supplies medical radioisotopes and radiopharmaceuticals for research, diagnostic, and therapeutic uses. The Nuclear Services Group segment provides nuclear materials processing, environmental site restoration, and management and operating services; develops technology for nuclear power sources application; and designs, engineers, licenses, and manufactures nuclear reactors. 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.

How the Company Makes Money

BWX Technologies makes money through several key revenue streams, primarily driven by government contracts and partnerships. The company is a major supplier of nuclear components and fuel for the U.S. Navy's nuclear-powered submarines and aircraft carriers, which constitutes a significant portion of its revenue. Additionally, BWXT generates income from the production and management of nuclear materials and facilities for various government and commercial clients. The company also capitalizes on its expertise in nuclear technology by providing engineering and technical services for government nuclear programs. Furthermore, BWXT is involved in the development and supply of medical isotopes, contributing to its revenue through sales in the healthcare sector.

BWX Technologies Financial Statement Overview

Summary

BWX Technologies shows strong financial performance with solid revenue growth and profitability. The robust EBIT and net profit margins, alongside a strong cash flow situation, demonstrate efficient financial management. However, there is room for improvement in strengthening its equity position.

Income Statement

BWX Technologies demonstrates solid performance in terms of revenue growth and profitability. The Gross Profit Margin improved significantly from prior years, reaching 42.7% TTM, indicating effective cost management. The company also achieved a robust EBIT margin of 13.4% and a Net Profit Margin of 10.4% TTM. Additionally, revenue growth over the past year was approximately 2.9%, showing consistent upward trajectory, though the EBIT margin saw a slight decrease compared to previous periods.

Balance Sheet

The company's balance sheet reflects a stable financial position with a Debt-to-Equity Ratio of 1.09 TTM, suggesting moderate leverage. ROE stands at 26.3% TTM, indicating efficient use of equity to generate profits. The Equity Ratio of 36% TTM shows a balanced approach toward financing through debt and equity, although it remains on the lower side, which could imply potential risk if liabilities increase significantly.

Cash Flow

BWX Technologies shows a commendable cash flow situation with an Operating Cash Flow to Net Income Ratio of 1.47 TTM, highlighting strong cash generation capabilities. Free Cash Flow grew by 5.8% compared to the previous year, and the Free Cash Flow to Net Income Ratio of 0.93 TTM indicates efficient conversion of net income into free cash. Despite moderate capital expenditures, the company maintains a healthy cash flow position, supporting future growth prospects.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.78B	2.70B	2.50B	2.23B	2.12B	2.12B
Gross Profit	1.19B	655.21M	620.59M	551.93M	550.28M	575.40M
EBITDA	439.74M	474.06M	447.00M	386.01M	470.85M	422.34M
Net Income	289.00M	281.94M	245.85M	238.19M	305.87M	278.67M
Balance Sheet
Total Assets	3.05B	2.87B	2.75B	2.62B	2.50B	2.29B
Cash, Cash Equivalents and Short-Term Investments	55.44M	74.11M	78.62M	39.05M	37.70M	46.32M
Total Debt	1.20B	1.06B	1.21B	1.29B	1.19B	951.42M
Total Liabilities	1.95B	1.79B	1.81B	1.87B	1.86B	1.68B
Stockholders Equity	1.10B	1.08B	933.35M	748.31M	637.17M	617.77M
Cash Flow
Free Cash Flow	269.46M	254.78M	212.41M	46.39M	74.97M	-58.59M
Operating Cash Flow	426.05M	408.43M	363.70M	244.70M	386.03M	196.44M
Investing Cash Flow	-280.59M	-154.56M	-155.64M	-256.24M	-304.65M	-265.32M
Financing Cash Flow	-135.84M	-252.78M	-169.37M	13.95M	-90.14M	25.05M

BWX Technologies Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 142.91
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BWXT, the sentiment is Positive. The current price of 142.91 is above the 20-day moving average (MA) of 138.83, above the 50-day MA of 123.33, and above the 200-day MA of 115.23, indicating a bullish trend. The MACD of 5.60 indicates Positive momentum. The RSI at 71.13 is Negative, neither overbought nor oversold. The STOCH value of 51.47 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BWXT.

BWX Technologies Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DRS	78 Outperform	$12.35B	53.23	9.50%	0.78%	13.58%	25.96%
BWXT	75 Outperform	$13.06B	45.44	28.24%	0.70%	9.87%	14.16%
AIR	74 Outperform	$2.58B	246.75	-1.08%	―	21.07%	-120.95%
KTOS	73 Outperform	$7.43B	353.60	1.45%	―	7.32%	―
HII	72 Outperform	$9.89B	18.17	12.27%	2.14%	-1.04%	-21.80%
SARO	68 Neutral	$10.33B	146.56		―	16.92%	―
Sector *	65 Neutral	$10.77B	15.80	5.51%	1.90%	3.03%	-26.66%

BWX Technologies Corporate Events

BWX Technologies Announces New Leadership Appointments

On June 16, 2025, BWX Technologies announced leadership changes with Kevin M. McCoy appointed as Chief Nuclear Officer to support the U.S. Navy’s submarine production, while Joseph K. Miller and Katherine Haggerty Kelly were promoted to key roles in Government Operations and Advanced Technologies, respectively. These appointments are expected to enhance BWXT’s capabilities in nuclear operations and advanced technology development, strengthening its position in the defense and energy sectors.

The most recent analyst rating on (BWXT) stock is a Buy with a $138.00 price target. To see the full list of analyst forecasts on BWX Technologies stock, see the BWXT Stock Forecast page.

BWX Technologies Announces New Interim CFO Appointment

On May 12, 2025, BWX Technologies announced the resignation of Robb A. LeMasters as CFO, with his decision unrelated to any company disagreements or financial issues. He will remain as a Special Advisor to the CEO until March 2026. Michael T. Fitzgerald, previously Vice President, Finance and Chief Accounting Officer, has been appointed as the interim CFO. Fitzgerald’s appointment is expected to support BWXT’s growth strategy and operational excellence, with his extensive corporate experience and financial understanding ensuring a smooth transition.

The most recent analyst rating on (BWXT) stock is a Buy with a $138.00 price target. To see the full list of analyst forecasts on BWX Technologies stock, see the BWXT Stock Forecast page.

BWX Technologies Grants CEO $5.5M Stock Incentive

On May 7, 2025, BWX Technologies‘ Board of Directors approved a special grant of performance restricted stock units and non-qualified performance stock options to CEO Rex D. Geveden, valued at $5.5 million, to incentivize long-term shareholder value creation. The awards, which will vest on December 31, 2027, are contingent on achieving specific revenue, EBITDA margin, and shareholder return targets, reflecting the company’s commitment to aligning executive compensation with performance metrics.

BWX Technologies Shareholders Approve Key Governance Measures

At the Annual Meeting on May 2, 2025, BWX Technologies‘ stockholders voted on four key matters. The election of nine directors for a one-year term was approved, along with the advisory vote on executive compensation and the ratification of Deloitte & Touche LLP as the independent auditor. An amendment to limit officer liability under Delaware law also passed, indicating strong shareholder support for the company’s governance and operational strategies.