BWX Technologies Inc (BWXT)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 281,941 | 245,849 | 238,191 | 305,871 | 278,670 |
| Total assets | US$ in thousands | 2,869,920 | 2,747,060 | 2,618,940 | 2,501,380 | 2,293,500 |
| ROA | 9.82% | 8.95% | 9.09% | 12.23% | 12.15% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $281,941K ÷ $2,869,920K
= 9.82%
Based on the provided data, BWX Technologies Inc's return on assets (ROA) has fluctuated over the years. The ROA was 12.15% in 2020, which increased slightly to 12.23% in 2021. However, in the following years, the ROA decreased to 9.09% in 2022, further declining to 8.95% in 2023. There was a slight improvement in 2024, with the ROA reaching 9.82%.
These fluctuations in the ROA indicate that BWX Technologies Inc's ability to generate profits relative to its total assets has been somewhat inconsistent in recent years. It would be important for stakeholders to further investigate the factors contributing to these changes and assess the company's operational efficiency and asset utilization strategies to ensure sustained financial performance in the future.
Peer comparison
Dec 31, 2024