BWX Technologies, Inc.

BWX Technologies, Inc.

BWXTยทNYSE

$184.72

-1.4%
IndustrialsAerospace & Defense

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.

At a Glance

Live Snapshot
Market Cap$16.92B
EPS3.6000
P/E Ratio51.31
Earnings Date08/03/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

High confidence

Valuation multiple is elevated (P/E 51.3).

Valuation inputs: P/E 51.3, earnings yield +1.9%, momentum -1.4%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is strong (ROE +26.8%, ROIC +7.4%).

Profitability stack: net margin +10.3%, ROE +26.8%, ROIC +7.4%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +71.1%, momentum -1.4%, net margin +10.3%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

bwxt

BWX Technologies, Inc. Market vs Earnings Trajectory

BWXT ยท NYSE
Current Price
$184.72
EPS (TTM)
$3.77

Performance Analysis

EPS Growth

+17.1%

Positive earnings growth shows the company is improving its profitability over time.

Price-EPS Relationship

Aligned

Stock price is moving in line with earnings growthโ€”a healthy sign of fundamental-driven valuation.

Stock Price Change

+43.3%

Over the 1Y period, stock price has increased by 43.3%.

P/E Ratio (TTM)

51.3x

Very high P/E suggests premium valuation or high growth expectations.

Key Insight

Stock price (+43.3%) is outpacing earnings growth (+17.1%), suggesting the market may be pricing in future growth. Monitor if earnings can catch up to justify the valuation.

BWX Technologies, Inc.

BWX Technologies, Inc. Fair Value Envelope

BWXT ยท NYSE

Our analysis suggests that BWXT has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $184.72, this represents a potential HIDDEN relative to our calculated worth for BWX Technologies, Inc..

Intrinsic Value
Current Price: $184.72
3Y+38.0%
5Y+23.0%
10Y+101.0%
3Y+43.0%
5Y+51.0%
10Y+106.0%
3Y+38.0%
5Y+18.0%
10Y+80.0%
3Y+96.0%
5Y+144.0%
10Y+100.0%
3Y+537.0%
5Y-604.0%
10Y+58.0%
3Y+63.0%
5Y+86.0%
10Y+170.0%
BWX Technologies, Inc.

BWX Technologies, Inc. Profit Bridge

BWXT ยท NYSE
Revenue3.20B
Cost of Goods Sold (2.47B)
Gross Profit731.52M
Operating Expenses (408.28M)
Operating Income323.24M
Interest Expense (44.21M)
Other Income/Expense74.88M
Pretax Income398.12M
Income Tax (68.26M)
Net Income329.86M
Net Income
329.86M

Profitability Analysis

Gross Margin

22.9%

Moderate margins typical of competitive industries. Monitor for pricing pressure or rising costs.

Operating Margin

10.1%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

10.3%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

17.1%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Efficient profit conversion: Minimal margin compression from gross to net indicates lean operations and favorable tax/interest environment.

22.87%
Gross Profit Margin
-6%
3Y-7.0%
5Y-16.0%
10Y-26.0%
10.11%
Operating Profit Margin
-28%
3Y-35.0%
5Y-40.0%
10Y-33.0%
10.31%
Net Profit Margin
-1%
3Y-3.0%
5Y-21.0%
10Y-13.0%
26.75%
Return on Equity
3%
3Y-16.0%
5Y-41.0%
10Y-78.0%
7.72%
Return on Assets
-21%
3Y-15.0%
5Y-36.0%
10Y-33.0%
7.42%
Return on Invested Capital
-42%
3Y-37.0%
5Y-50.0%
10Y-48.0%
BWXT

BWX Technologies, Inc. Cash Conversion Engine

BWXT ยท NYSE
Net Income329.86M
Depreciation & Amortization109.19M
Stock-Based Compensation26.07M
Change in Working Capital-29.50M
Others-5.19M
Capital Expenditures-184.56M
Free Cash Flow295.29M

Cash Flow Quality Analysis

FCF Conversion Rate

89.5%

Strong cash conversion. Most reported earnings translate into actual cash flow, suggesting solid fundamentals.

CapEx Intensity

38.5%

Moderate capital requirements typical of many stable businesses. Healthy balance between reinvestment and cash generation.

FCF Growth Trend

+15.9%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$29.50M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Solid cash generation: Positive free cash flow with reasonable earnings quality provides financial flexibility for growth investments, debt reduction, or shareholder returns.

bwxt

BWX Technologies, Inc. Funding & Solvency Profile

BWXT ยท NYSE
Cash & Cash Equivalents0.00
Net Receivables0.00
Inventory0.00
Other Current Assets0.00
Total Current Assets0
Property, Plant & Equipment0.00
Goodwill & Intangible Assets0.00
Long-Term Investments0.00
Other Non-Current Assets0.00
Total Non-Current Assets0
Total Assets
0.00

Financial Health Analysis

Working Capital

-674221000

Negative working capital indicates short-term liabilities exceed short-term assetsโ€”potential liquidity stress.

Asset Composition

0% Current

bwxt

BWX Technologies, Inc. Street Expectations Map

BWXT ยท NYSE

Wall Street analysts project that BWXT stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 225.00, with estimates ranging from a low of 205.00 to a high of 255.00.

Lowest Target
205.00
10.98%
Consensus Target
225.00
21.81%
Highest Target
255.00
38.05%

The consensus 1-year price target stands at 225.00, with estimates ranging from a low of 205.00 to a high of 255.00.

Analyst Consensus Analysis

Upside Potential

+21.8%

Strong upside potential. Consensus indicates attractive return opportunity with favorable risk-reward profile.

Analyst Agreement

22.2% spread

Good consensus alignment. Moderate target spread reflects general agreement on value drivers with some variance in assumptions.

Analyst Conviction

Very High

Strong buy conviction: High upside with tight consensus suggests compelling investment opportunity backed by analyst confidence.

Market Sentiment Insight

Rare opportunity: Exceptional upside potential with strong analyst consensus creates a compelling setup. The combination of significant price target premium and tight agreement suggests high-conviction undervaluation that may attract institutional capital.

bwxt

BWX Technologies, Inc. Insider Positioning

BWXT ยท NYSE

During the last 12 months, insiders have sold $2.94M worth of BWXT shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

3.7K

756.03K

Net Activity

-756K

-$756K

3-6 Months

Bought

0

0.00

Sold

3.8K

792.92K

Net Activity

-793K

-$793K

6-9 Months

Bought

0

0.00

Sold

2.1K

409.10K

Net Activity

-409K

-$409K

9-12 Months

Bought

0

0.00

Sold

5.5K

980.36K

Net Activity

-980K

-$980K

Top Buyers

No buying activity

Top Sellers

1
GRD

Geveden Rex D

Director, Officer: President And Ceo

6.7K sharesโ€ข4 transactions

$1.35M

2
BGF

Burbach Gerhard F

Director

2.0K sharesโ€ข1 transactions

$414K

3
MOF

Meguid Omar Fathi

Officer: Svp And Chief Digital Officer

2.3K sharesโ€ข1 transactions

$407K

4
WROJ

Whitford Ronald Owen Jr

Officer: Svp, General Counsel And Sec.

2.1K sharesโ€ข1 transactions

$371K

5
GKJ

Gorman Kevin James

Officer: Vp & Chief Accounting Officer

1.3K sharesโ€ข1 transactions

$289K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $2.94M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Recent Trend (3 Months)

$756K

Heavy recent selling activity. Recent insider sales notably exceed purchasesโ€”may warrant investigation into company developments.

Insider Participation

High Selling

5 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

Insider Activity Insight

Multiple red flags: Heavy selling, numerous sellers, and continued recent selling create a concerning pattern. Investigate fundamental drivers and consider whether company guidance or industry conditions have deteriorated.

0.14%
Dividend Yield
-4%
3Y-63.0%
5Y-57.0%
10Y-46.0%
ย 

bwxt Dividend History

BWXT
10Y CAGR +12%
Latest $0.27
Annual $1.29
5 year growth trend
Last Period: +0%