BWX Technologies Inc (BWXT)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 1,080,680 | 933,351 | 748,310 | 637,175 | 617,766 |
| ROE | 26.09% | 26.34% | 31.83% | 48.00% | 45.11% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $281,941K ÷ $1,080,680K
= 26.09%
The return on equity (ROE) of BWX Technologies Inc has shown a positive trend from 2020 to 2021, increasing from 45.11% to 48.00%. This indicates that the company was generating higher profits relative to its shareholder equity during this period. However, there was a notable decline in ROE in 2022, dropping to 31.83%. This could be a result of various factors such as increased expenses or lower net income.
Subsequently, the ROE decreased further in 2023 to 26.34% and remained relatively stable at 26.09% by the end of 2024. While the ROE has shown a downward trend in the latter years, it still indicates that BWX Technologies Inc is generating profits efficiently with respect to its equity. It would be advisable for stakeholders to further investigate the underlying reasons for the declining ROE and assess the company's profitability and financial performance in greater detail.
Peer comparison
Dec 31, 2024