BWX Technologies Inc (BWXT)
Operating return on assets (Operating ROA)
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 383,059 | 361,749 | 356,269 | 364,840 | 348,571 | 348,903 | 356,493 | 335,007 | 345,848 | 332,714 | 334,016 | 342,699 | 358,552 | 352,351 | 362,043 | 360,144 | 325,521 | 345,786 | 297,719 | 288,733 |
| Total assets | US$ in thousands | 2,747,060 | 2,776,840 | 2,740,570 | 2,718,910 | 2,618,940 | 2,672,060 | 2,705,520 | 2,569,110 | 2,501,380 | 2,489,710 | 2,566,400 | 2,351,910 | 2,293,500 | 2,124,310 | 1,971,360 | 1,966,600 | 1,908,910 | 1,826,420 | 1,756,480 | 1,716,790 |
| Operating ROA | 13.94% | 13.03% | 13.00% | 13.42% | 13.31% | 13.06% | 13.18% | 13.04% | 13.83% | 13.36% | 13.01% | 14.57% | 15.63% | 16.59% | 18.37% | 18.31% | 17.05% | 18.93% | 16.95% | 16.82% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $383,059K ÷ $2,747,060K
= 13.94%
BWX Technologies Inc's operating return on assets (operating ROA) has been relatively stable over the past eight quarters, ranging from a low of 11.30% in Q2 2023 to a high of 12.13% in Q4 2023. This indicates the company's ability to generate operating profits from its assets consistently. The overall trend suggests that BWX Technologies Inc is effectively utilizing its assets to generate operating income. However, there was a slight decline in operating ROA from Q3 2022 to Q2 2023 before a rebound in Q4 2023. It is important for the company to monitor this ratio closely to ensure continued efficiency in asset utilization and profitability.
Peer comparison
Dec 31, 2023