BWX Technologies Inc (BWXT)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 37.05% | 36.56% | 40.05% | 42.86% | 45.60% | 43.27% | 43.31% | 44.53% | 44.87% | 44.06% | 45.12% | 45.55% | 46.06% | 45.15% | 45.21% | 45.66% | 46.01% | 44.54% | 44.92% | 45.43% |
| Operating profit margin | 14.13% | 15.39% | 15.52% | 15.54% | 15.56% | 15.33% | 15.52% | 16.28% | 15.79% | 16.04% | 16.59% | 15.97% | 16.51% | 16.15% | 16.02% | 16.42% | 17.07% | 17.24% | 17.84% | 18.06% |
| 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% |
| Net profit margin | 10.47% | 10.35% | 10.38% | 10.14% | 9.99% | 9.45% | 9.77% | 10.72% | 10.79% | 14.34% | 14.45% | 14.07% | 14.60% | 12.36% | 12.85% | 13.08% | 13.27% | 13.42% | 13.60% | 13.57% |
BWX Technologies Inc's profitability ratios show fluctuating trends over the period analyzed.
The gross profit margin, which represents the percentage of revenue that exceeds the cost of goods sold, ranged from a high of 46.06% in December 2021 to a low of 36.56% in September 2024, indicating some variability in the company's ability to control production costs and generate profits from its core operations.
The operating profit margin, which measures the efficiency of the company's operations by showing what percentage of revenue is left over after accounting for operating expenses, remained relatively stable over the period studied, hovering around the mid to high teens.
The pretax margin, representing the percentage of each dollar of revenue that translates into pre-tax profit, showed significant fluctuations, reaching a peak of 18.87% in December 2021 before declining to 12.93% by December 2024. This suggests varying levels of effectiveness in managing taxes and other non-operating expenses.
The net profit margin, which reflects the company's bottom line profitability after all expenses have been deducted, also experienced fluctuations, with a high of 14.60% in December 2021 and a low of 9.45% in September 2023. This variability indicates changes in the company's ability to control expenses and generate net income.
Overall, while BWX Technologies Inc's gross profit margin remained relatively stable, its operating, pretax, and net profit margins fluctuated over the period analyzed, reflecting changes in the company's operational efficiency, cost management, and overall profitability.
Return on investment
| 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 return on assets (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% |
| Return on assets (ROA) | 9.82% | 9.39% | 9.42% | 9.08% | 8.95% | 8.03% | 8.18% | 8.84% | 9.09% | 11.68% | 11.47% | 11.49% | 12.23% | 10.23% | 10.44% | 11.60% | 12.15% | 12.92% | 14.00% | 13.76% |
| Return on total capital | 18.16% | 17.12% | 17.44% | 17.32% | 17.22% | 15.37% | 15.66% | 16.58% | 17.25% | 21.25% | 20.81% | 21.26% | 23.60% | 20.30% | 25.62% | 23.01% | 26.52% | 26.47% | 29.66% | 28.59% |
| Return on equity (ROE) | 26.09% | 26.14% | 26.80% | 26.76% | 26.34% | 25.56% | 26.64% | 30.49% | 31.83% | 43.79% | 44.07% | 44.72% | 48.00% | 44.05% | 37.80% | 41.59% | 45.11% | 49.87% | 57.32% | 63.01% |
Based on the provided data, let's analyze the profitability ratios of BWX Technologies Inc:
1. Operating Return on Assets (Operating ROA):
- BWX Technologies Inc's Operating ROA has shown a gradual decrease from 18.31% as of March 31, 2020, to 13.26% as of December 31, 2024. This indicates a declining trend in the company's operating efficiency in generating profits from its assets over the years.
2. Return on Assets (ROA):
- The general trend for ROA mirrors that of Operating ROA, with a decrease from 13.76% as of March 31, 2020, to 9.82% as of December 31, 2024. This suggests a consistent decline in the company's overall profitability in relation to its total assets.
3. Return on Total Capital:
- The Return on Total Capital also illustrates a similar pattern of decline, decreasing from 28.59% as of March 31, 2020, to 18.16% as of December 31, 2024. This indicates a decreasing efficiency in generating returns on the total capital employed by the company.
4. Return on Equity (ROE):
- The Return on Equity exhibits a declining trend over the period, from 63.01% as of March 31, 2020, to 26.09% as of December 31, 2024. This suggests that the company's ability to generate profits for its shareholders from their equity investments has been decreasing consistently.
Overall, the analysis of these profitability ratios indicates a declining trend in BWX Technologies Inc's profitability and efficiency in utilizing its assets and capital to generate returns for both operational and shareholder perspectives. Further investigation into the company's operational and financial strategies may be required to address and potentially reverse this downward trend in profitability.