BWX Technologies Inc (BWXT)

Gross profit margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Gross profit US$ in thousands 652,517 574,323 508,605 519,851 545,144
Revenue US$ in thousands 2,700,960 2,450,040 2,189,500 2,093,650 2,093,260
Gross profit margin 24.16% 23.44% 23.23% 24.83% 26.04%

December 31, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $652,517K ÷ $2,700,960K
= 24.16%

The gross profit margin of BWX Technologies Inc has shown a gradual decline over the past five years, starting at 26.04% in December 31, 2020, and decreasing to 24.16% by December 31, 2024. This indicates that the company's cost of goods sold has been increasing relative to its revenue during this period. While the margin fluctuated slightly from year to year, it generally exhibited a downward trend, suggesting potential challenges in managing production costs or pricing strategies. Further analysis of the company's cost structure and pricing decisions would help to determine the underlying factors driving this trend.


Peer comparison

Dec 31, 2024

Company name
Symbol
Gross profit margin
BWX Technologies Inc
BWXT
24.16%
Brunswick Corporation
BC
13.58%
Cummins Inc
CMI
24.75%