BWX Technologies Inc (BWXT)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 281,941 | 276,810 | 267,600 | 253,225 | 245,849 | 222,927 | 224,257 | 240,273 | 238,191 | 312,087 | 310,398 | 295,132 | 305,871 | 254,752 | 268,009 | 272,920 | 278,670 | 274,377 | 276,016 | 270,636 |
| 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 |
| 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% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $281,941K ÷ $2,869,920K
= 9.82%
The return on assets (ROA) for BWX Technologies Inc has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The ROA started at a relatively high level of 13.76% in March 2020 and increased to 14.00% by June 2020.
However, the ROA began to decline from September 2020 onwards, reaching its lowest point of 8.03% in September 2023. This suggests a decrease in the company's ability to generate profits from its assets during this period.
There was a slight improvement in ROA in the following quarters, with the ratio slowly increasing and stabilizing around 9% from December 2023 to December 2024. Despite this improvement, the ROA remained below the levels seen in the earlier periods.
Overall, the fluctuations in BWX Technologies Inc's ROA indicate varying levels of efficiency in utilizing its assets to generate profits during the period under review. It would be important for the company to assess the factors contributing to these fluctuations and work towards improving its asset management efficiency to enhance financial performance.
Peer comparison
Dec 31, 2024