BWX Technologies Inc (BWXT)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 348,363 | 320,928 | 313,948 | 395,296 | 361,646 |
| Revenue | US$ in thousands | 2,700,960 | 2,450,040 | 2,189,500 | 2,093,650 | 2,093,260 |
| Pretax margin | 12.90% | 13.10% | 14.34% | 18.88% | 17.28% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $348,363K ÷ $2,700,960K
= 12.90%
BWX Technologies Inc's pretax margin, which represents the company's efficiency in generating profits before taxes, has displayed fluctuations over the five-year period under analysis.
Starting at a level of 17.28% on December 31, 2020, the pretax margin saw an improvement, reaching 18.88% on December 31, 2021. However, the margin declined in the subsequent years, with figures dropping to 14.34% on December 31, 2022, and further decreasing to 13.10% on December 31, 2023.
Moreover, by December 31, 2024, the pretax margin had continued its downward trend, registering a level of 12.90%. This declining trend in the pretax margin over the years may indicate challenges faced by BWX Technologies Inc in controlling costs or maintaining profitability levels as compared to revenue generated.
Overall, the trajectory of the pretax margin suggests that BWX Technologies Inc may need to focus on improving operational efficiency and cost management to sustain or enhance profitability in the future.
Peer comparison
Dec 31, 2024