BWX Technologies Inc (BWXT)
Return on equity (ROE)
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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 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 | 244,115 | 204,601 | 207,710 | 209,495 |
Total stockholders’ equity | US$ in thousands | 933,351 | 872,036 | 841,659 | 788,129 | 748,310 | 712,714 | 704,286 | 659,889 | 637,175 | 578,315 | 708,997 | 656,238 | 617,766 | 550,186 | 481,517 | 429,512 | 404,106 | 354,476 | 294,130 | 242,849 |
ROE | 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% | 60.41% | 57.72% | 70.62% | 86.27% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $245,849K ÷ $933,351K
= 26.34%
Based on the provided data, BWX Technologies Inc's return on equity (ROE) has ranged from 25.56% to 44.72% over the past eight quarters. The company's ROE showed a decreasing trend in 2023, dropping from 30.49% in Q1 to 26.34% in Q4. However, compared to the ROE values in 2022, the current values are generally lower, indicating a potential decline in profitability or efficiency in generating returns for shareholders. It is important to further analyze the company's financial performance and operations to understand the factors contributing to these fluctuations in ROE.
Peer comparison
Dec 31, 2023
Company name
Symbol
ROE
BWX Technologies Inc
BWXT
26.34%
Brunswick Corporation
BC
20.14%
Cummins Inc
CMI
8.31%