BWX Technologies Inc (BWXT)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 380,607 | 411,538 | 400,318 | 388,178 | 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 |
| Total assets | US$ in thousands | 2,869,920 | 2,947,460 | 2,840,630 | 2,788,010 | 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 |
| Operating ROA | 13.26% | 13.96% | 14.09% | 13.92% | 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% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $380,607K ÷ $2,869,920K
= 13.26%
Operating return on assets (Operating ROA) measures a company's efficiency in generating operating income from its assets. Analyzing the trend of BWX Technologies Inc's Operating ROA from March 31, 2020, to December 31, 2024, we observe fluctuations in the ratio:
- The ratio started at a relatively high level of 18.31% in March 2020, indicating strong operational performance relative to its asset base.
- There was a slight increase in June 2020 to 18.37%, indicating continued efficiency in generating operating income from assets.
- However, from September 2020 to March 2021, there was a gradual decline in Operating ROA, dropping to 14.57%. This decrease suggests a potential decrease in profitability or operational efficiency.
- The ratio continued to decrease through June 2021 but stabilized around the 13% range until September 2022.
- There was a slight increase in December 2022 to 13.31%, followed by fluctuations in the 13% range until December 2024.
- The ratio peaked at 14.09% in June 2024 but then decreased to 13.26% by the end of December 2024, indicating fluctuations in the company's ability to generate operating income from its assets over the analyzed period.
Overall, the trend in BWX Technologies Inc's Operating ROA suggests a mix of strong operational performance, occasional declines, and fluctuations in profitability relative to its asset base. Further analysis and comparison with industry peers may provide additional insights into the company's operational efficiency and performance.
Peer comparison
Dec 31, 2024