BWX Technologies Inc (BWXT)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 385,552 | 390,323 | 384,007 | 375,278 | 367,964 | 339,103 | 340,254 | 356,515 | 350,358 | 436,294 | 433,889 | 416,623 | 431,054 | 371,946 | 382,497 | 385,232 | 392,660 | 384,382 | 387,999 | 383,346 |
| Long-term debt | US$ in thousands | 1,042,970 | 1,220,580 | 1,203,200 | 1,220,810 | 1,203,420 | 1,334,470 | 1,330,520 | 1,361,570 | 1,282,620 | 1,340,720 | 1,380,250 | 1,299,780 | 1,189,300 | 1,253,830 | 784,111 | 1,018,260 | 862,731 | 902,197 | 826,831 | 911,312 |
| Total stockholders’ equity | US$ in thousands | 1,080,680 | 1,058,750 | 998,488 | 946,222 | 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 |
| Return on total capital | 18.16% | 17.12% | 17.44% | 17.32% | 17.22% | 15.37% | 15.66% | 16.58% | 17.25% | 21.25% | 20.81% | 21.26% | 23.60% | 20.30% | 25.62% | 23.01% | 26.52% | 26.47% | 29.66% | 28.59% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $385,552K ÷ ($1,042,970K + $1,080,680K)
= 18.16%
BWXT Technologies Inc's Return on Total Capital has shown some fluctuations over the period from March 31, 2020, to December 31, 2024. The ratios varied between a high of 29.66% in June 2020 and a low of 15.37% in September 30, 2023. Generally, the company has maintained a healthy return on total capital, with figures mostly above 20% during this period. However, there was a slight downward trend observed in recent years, with the ratio decreasing to 18.16% by December 31, 2024, from a peak of 29.66% in June 2020. This suggests that the company may have faced some challenges in generating returns relative to the capital it employs in its operations. Further investigation into the reasons behind these fluctuations would provide valuable insights into the company's financial performance and efficiency in utilizing its capital resources.
Peer comparison
Dec 31, 2024