BWX Technologies, Inc.
BWX Technologies, Inc. (BWXT) is listed on NYSE and classified in Aerospace & Defense, part of the Industrials sector. It is headquartered in Lynchburg, United States and has 11,000 employees. The company is worth $11.66B and trades at 35.0x its earnings of the last twelve months; the median for its sector is 24.3x. Revenue was $3.2B in fiscal 2025, up 18.3% from the year before. Net income was $328.95M. The share price is 47.4% below its 52-week high of $241.82. It pays a dividend yielding 0.83%, and has raised its annual dividend for 10 years in a row in our records. 4 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Cliff Asness (AQR Capital Management), at $41.82M. In that quarter, 1 of them opened or added to the position and 3 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +187.2% over 5Y.
today you would have $2,551.07▲ +155.1%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 16 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $172.84 | $111.39 | $76.73 | $58.08 | $47.88 | $60.28 | $62.08 | $38.23 | $60.49 | $39.70 | $31.77 | $21.67 | $24.46 | $18.74 | $17.27 | $18.30 | |
| P/E | 23.5x | 48.3x |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 4.2% a year plus a 0.8% dividend yield. Growth capped at 25%.
Median P/E of 24.3 among peers in the sector.
Median P/E of 23.5 across this company’s own years on record.
Cash flow growing 4.2% a year for 10 years, discounted at 10%, then 2.5% forever.
Sector median of 13.2x operating profit, less net debt. Banks have no EBITDA.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Companies of similar size in Industrials, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| WSO.BWatsco Inc | $284.20 | 24.4x | 3.7x | 4.64% | 16.74% | $11.72B |
| AITApplied Industrial Technologies Inc | $319.40 | 29.2x | 6.5x | 0.64% | 22.37% | $11.73B |
| MAIRMadison Air Solutions Corp | $23.08 | 47.1x | 3.2x | 0.00% | — | $11.58B |
| QXOQXO, Inc. | $11.02 |
| 36.3x |
| 28.6x |
| 22.3x |
| 14.8x |
| 20.7x |
| 24.3x |
| 16.8x |
| 41.1x |
| 22.6x |
| 26.0x |
| 80.3x |
| 8.0x |
| 13.7x |
| 36.6x |
| 21.5x |
| P/S | 2.4x | 4.9x | 3.8x | 2.8x | 2.4x | 2.1x | 2.7x | 3.1x | 2.0x | 3.6x | 2.5x | 2.4x | 2.2x | 2.4x | 0.9x | 1.0x | 1.1x |
| P/B | 8.4x | 12.8x | 9.4x | 7.5x | 7.1x | 6.9x | 9.3x | 14.6x | 15.4x | 21.1x | 26.3x | 12.5x | 3.2x | 3.2x | 3.0x | 3.5x | 4.2x |
| EPS | $3.58 | $3.07 | $2.68 | $2.60 | $3.24 | $2.91 | $2.55 | $2.27 | $1.47 | $1.76 | $1.22 | $0.27 | $3.07 | $1.37 | $0.47 | $0.85 |
| Dividend yield | 1.04% | 0.58% | 0.86% | 1.20% | 1.52% | 1.75% | 1.26% | 1.10% | 1.67% | 0.69% | 0.91% | 0.64% | 1.32% | 0.99% | 0.31% | — | — |
| Payout | 27.30% | 27.93% | 31.27% | 34.33% | 33.85% | 25.93% | 26.12% | 26.67% | 28.19% | 28.57% | 20.45% | 16.64% | 105.97% | 7.92% | 4.19% | — | — |
| Profit margin | 10.36% | 10.28% | 10.43% | 9.85% | 10.67% | 14.40% | 13.12% | 12.88% | 12.61% | 8.76% | 11.81% | 9.29% | 2.03% | 22.38% | 6.92% | 2.65% | 5.20% |
| ROE | 30.77% | 26.69% | 26.09% | 26.34% | 31.83% | 48.00% | 45.11% | 60.41% | 96.31% | 51.80% | 122.02% | 49.48% | 2.94% | 29.71% | 23.08% | 9.48% | 19.63% |
Median of the years shown; P/E years above 200x are left out.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
6 methods answered, across 3 families.
Room for errors in the reported numbers.
-61.4% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| — |
| 0.9x |
| 0.00% |
| -4.60% |
| $11.43B |
| WTSWatts Water Technologies Inc | $356.94 | 31.2x | 5.4x | 0.64% | 18.80% | $11.92B |
| STRLSterling Infrastructure Inc | $372.83 | 26.9x | 8.4x | 0.00% | 40.01% | $11.4B |