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%