BWX Technologies Inc (BWXT)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 380,607 | 383,059 | 348,571 | 345,848 | 358,552 |
| Total assets | US$ in thousands | 2,869,920 | 2,747,060 | 2,618,940 | 2,501,380 | 2,293,500 |
| Operating ROA | 13.26% | 13.94% | 13.31% | 13.83% | 15.63% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $380,607K ÷ $2,869,920K
= 13.26%
The operating return on assets (Operating ROA) for BWX Technologies Inc has shown a relatively consistent trend over the years based on the provided data. From December 31, 2020, where it stood at 15.63%, the Operating ROA has gradually declined to 13.26% by December 31, 2024.
This indicates that for every dollar of assets the company holds, the operating income generated has declined slightly over the years. Although there was a peak at 15.63% in 2020, the subsequent years saw a gradual decrease in the efficiency with which the company is utilizing its assets to generate operating profits.
It would be important for stakeholders and investors to monitor this trend closely to understand the factors influencing this decline and the company's ability to enhance its operational efficiency in the future.
Peer comparison
Dec 31, 2024