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BWXTBWX Technologies, Inc.
$141.81$13.0B
Overview & Tools
OverviewChart Terminal ↗Visualize
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Analyst TargetsPrice History
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BWXT logo

BWX Technologies, Inc.

BWXT
NYSE · Aerospace & Defense
$141.81
At close - Sep 23, 4:00 PM EDT - USD
Market Cap$12.99B
P/E39.5x
52W High$241.82
Volume765.66K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Accelerating Nuclear Revenue Masks Margin Compression Risk

BWXT is experiencing accelerating revenue growth, up 18.0% YoY in Q2 2026, driven by robust demand in nuclear operations and commercial services. However, gross margin has compressed to 22.4% from 25.1% a year earlier, and operating margin has fallen to 10.0% ...

GrowthAccelerating
ProfitabilityModerate
ValuationExpensive
TechnicalsWeak
Explore valuation models
MARKET ACTION

BWXT price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

12/12 Beats

EPS beat 12 of last 12 quarters

02

Valuation risk

+58% Peers

P/E is 58% above peer median

03

Market leadership

RS 19 · Lag

Laggard (Underperforming 81% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Nov 3
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

Revenue growth accelerated to 18.0% YoY in Q2 2026, but gross margin contracted to 22.4% from 25.1% a year earlier, and operating margin fell to 10.0% from 13.4%, reflecting cost pressures and mix shift.

Analyst Consensus+46.3% target
Buy(16 analysts)
11 Buy4 Hold1 Sell

The Bull Case

Upside Catalysts

Specialized nuclear technology focus

BWX Technologies is a specialized nuclear technology and services company focused on naval nuclear reactors, nuclear fuel, and commercial nuclear maintenance, positioning it as a critical player in defense, space, and clean-energy infrastructure.

Long-term government contracts

The company operates under high regulatory oversight with long-term government contracts, providing durable earnings and strong cash flow support.

High barriers to entry

BWXT's specialized nuclear technology and regulatory oversight create high barriers to entry, ensuring a competitive advantage in its markets.

The Bear Case

Key Downside Risks

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
BWXT-21.57%
S&P 500 (^GSPC)+12.39%
1-Year Return
BWXT-19.74%
S&P 500 (^GSPC)+15.77%
3-Year Return
BWXT+93.57%
S&P 500 (^GSPC)+72.47%
5-Year Return
BWXT+163.79%
S&P 500 (^GSPC)+66.40%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y High
39.5x
Forward P/EExpansion
29.9x
EV/EBITDA80th %ile
33.5x
FCF YieldCash Flow
2.3%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
39.5x
28.6x
80th· High
EV/EBITDA
33.5x
17.7x
80th· High
Price/FCF
44.0x
53.8x
40th· Fair
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$14.87-89.5%
Base (Fair)$41.72-71.7%
Bull$53.84-62.0%
$14.87 Bear$41.72 Base$53.84 Bull
Current Market Price: $141.81
Trades at a 239.9% premium to Base DCF ($41.72)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$3.2B+18.3% YoY
Net income
$330M+17.0% YoY
Free cash flow
$295M+15.9% YoY
Operating margin
10.1%-4.0 pts YoY
ROIC (TTM)10.1%
Avg ROIC 5Y-
ROE (TTM)28.5%
Piotroski Score5 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate12/12 (100%)
Revenue Beat Rate10/12 (83%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 3, 2026
$1.07+2.9%
vs $1.04
$902M-0.1%
vs $902M
Q2 2026
May 4, 2026
$1.12+21.7%
vs $0.92
$860M+2.7%
vs $837M
Q1 2026
Feb 23, 2026
$1.08+21.2%
vs $0.89
$886M+5.8%
vs $838M
Q4 2025
Nov 3, 2025
$1.00+17.2%
vs $0.85
$866M+9.2%
vs $793M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Business Wire·7h ago
BWX Technologies Receives BBB Investment Grade Rating from Fitch Ratings

LYNCHBURG, Va.--(BUSINESS WIRE)--BWX Technologies, Inc. (NYSE: BWXT) today announced that it has received an inaugural investment grade credit rating of BBB with a Stable Outlook from Fitch Ratings, Inc. (“Fitch”). Fitch assigned BWXT's revolving credit facility a BBB+ rating and its 4.125% senior notes due in 2028 and 2029, BBB ratings.“We are pleased to receive a BBB investment grade rating from Fitch, reflecting our critical role in providing nuclear solutions to national security and commerc.

Zacks Investment Research·11h ago
Nuclear Energy Stocks Rally as Demand for Reliable Clean Power Grows

Investors looking to benefit from nuclear energy's long-term growth may consider NNE, RYCEY and BWXT, which are expanding their nuclear capabilities amid rising demand for reliable, carbon-free power.

The Motley Fool·16h ago
Oklo vs. NuScale vs. BWX Technologies: Ranking the 3 Popular Nuclear Stocks From Worst to First

NuScale's reactor design already has NRC certification, but its TVA and Romania deals are still unsigned. Oklo cleared a big Department of Energy safety milestone, though it still hasn't deployed commercially.

24/7 Wall Street·6d ago
Jim Cramer Picks Nokia as AI Supercycle Winner While Dumping on BWX Technologies' 30x Multiple

Jim Cramer gave two nuclear and AI infrastructure plays completely opposite verdicts on the same night, and the reason comes down to a single number that separates a buy from a pass in a rising rate environment.

Filtered for BWX Technologies, Inc.More Headlines
04

Compare before deciding

Benchmark BWXT against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for BWX Technologies, Inc. (BWXT)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
BWXT logoBWXTBWX Technologies, Inc.Current
$141.81$12.99B39.5018.3%10.31%28.51%0.71%
CW logoCWCurtiss-Wright Corporation
$545.15$20.14B42.3612.08%14.81%20.69%—
LDOS logoLDOSLeidos Holdings, Inc.
$124.69$15.68B11.203.07%7.67%26.38%—
CACI logoCACICACI International Inc
$616.68$13.62B25.5210.89%5.6%12.68%—
HII logoHIIHuntington Ingalls Industries, Inc.
$269.80$10.63B17.538.23%5.01%12.89%—
GD logoGDGeneral Dynamics Corporation
$343.33$92.89B22.2110.13%8.18%17.43%—

Compare BWXT vs Peers

BWX Technologies, Inc. (BWXT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs CW

Most directly comparable listed peer for BWXT.

Scale Benchmark

vs RTX

Larger-name benchmark to compare BWXT against a more recognizable public peer.

Peer Set

Compare Top 5

vs CW, LDOS, CACI, HII

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

BWXT SEC Filings & Documents

BWX Technologies, Inc. (BWXT) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 3, 2026·SEC

Material company update

May 5, 2026·SEC

Material company update

May 4, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 23, 2026·SEC

FY 2025

Feb 24, 2025·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 3, 2026·SEC

FY 2026

May 4, 2026·SEC

FY 2025

Nov 3, 2025·SEC

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BWXT Frequently Asked Questions

BWX Technologies, Inc. (BWXT) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is BWX Technologies, Inc.'s revenue?

BWX Technologies, Inc. (BWXT) reported $3.51B in revenue for fiscal year 2025. This represents a 3% increase from $3.40B in 2008.

How fast is BWX Technologies, Inc. growing?

BWX Technologies, Inc. (BWXT) grew revenue by 18.3% over the past year. This is strong growth.

Is BWXT profitable?

Yes, BWX Technologies, Inc. (BWXT) is profitable, generating $355.3M in net income for fiscal year 2025 (10.3% net margin).

Dividend & Returns
Does BWXT pay dividends?

Yes, BWX Technologies, Inc. (BWXT) pays a dividend with a yield of 0.71%. This makes it attractive for income-focused investors.

What is BWXT's return on equity?

BWX Technologies, Inc. (BWXT) has a return on equity (ROE) of 28.5%. This is excellent, indicating efficient use of shareholder capital.

What is BWX Technologies, Inc.'s free cash flow?

BWX Technologies, Inc. (BWXT) generated $316.8M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in BWXT back in 2008?

Total return calculator · dividends reinvested · 18+ years of data

See returns →