BWX Technologies Inc (BWXT)
Pretax margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 348,363 | 355,530 | 343,151 | 329,466 | 320,928 | 292,476 | 296,177 | 316,337 | 313,948 | 404,278 | 400,015 | 380,853 | 395,296 | 335,740 | 350,073 | 355,146 | 361,646 | 352,632 | 355,092 | 348,762 |
| Revenue (ttm) | US$ in thousands | 2,694,059 | 2,673,307 | 2,579,165 | 2,497,939 | 2,461,109 | 2,359,771 | 2,296,043 | 2,241,705 | 2,207,851 | 2,175,649 | 2,148,807 | 2,097,802 | 2,095,349 | 2,060,284 | 2,085,217 | 2,086,976 | 2,099,983 | 2,044,308 | 2,029,279 | 1,994,162 |
| Pretax margin | 12.93% | 13.30% | 13.30% | 13.19% | 13.04% | 12.39% | 12.90% | 14.11% | 14.22% | 18.58% | 18.62% | 18.15% | 18.87% | 16.30% | 16.79% | 17.02% | 17.22% | 17.25% | 17.50% | 17.49% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $348,363K ÷ $2,694,059K
= 12.93%
The pretax margin of BWX Technologies Inc has shown some fluctuations over the period from March 2020 to December 2024. The pretax margin started at 17.49% in March 2020 and remained relatively stable around 17% for the next few quarters. However, there was a slight decline in the pretax margin to 16.30% in September 2021 before it started to increase again.
The pretax margin experienced a significant increase to 18.87% in December 2021, followed by fluctuations in the range of 18% to 14%. By December 2024, the pretax margin settled at 12.93%, showing a decline compared to the earlier peak.
Overall, the trend in the pretax margin of BWX Technologies Inc shows variability over time, reflecting shifts in the company's operating efficiency and profitability before accounting for taxes. Further analysis would be needed to understand the specific factors influencing these fluctuations in the pretax margin.
Peer comparison
Dec 31, 2024