BWX Technologies Inc (BWXT)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 383,059 | 348,571 | 345,848 | 358,552 | 325,521 |
| Revenue | US$ in thousands | 2,450,040 | 2,189,500 | 2,093,650 | 2,093,260 | 1,857,780 |
| Operating profit margin | 15.63% | 15.92% | 16.52% | 17.13% | 17.52% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $383,059K ÷ $2,450,040K
= 15.63%
The operating profit margin of BWX Technologies Inc has shown a general decreasing trend over the past five years, declining from 15.80% in 2019 to 13.35% in 2023. This indicates that the company's ability to generate profits from its core operations has gradually eroded. The downward trajectory suggests potential challenges in controlling operating expenses, managing production costs, or sustaining pricing power in the market. Further analysis is recommended to identify the specific factors contributing to this trend and to develop strategies for improving operational efficiency and profitability.
Peer comparison
Dec 31, 2023