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BWXT (BWX Technologies) Degree of Operating Leverage : 0.38 (As of Mar. 2025)


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What is BWX Technologies Degree of Operating Leverage?

Degree of Operating Leverage (DOL) measures the percentage change in EBIT for a unit change in Revenue. BWX Technologies's Degree of Operating Leverage for the quarter that ended in Mar. 2025 was 0.38. The higher Degree of Operating Leverage, the higher operating risk the company will take.

The industry rank for BWX Technologies's Degree of Operating Leverage or its related term are showing as below:

BWXT's Degree of Operating Leverage is ranked better than
60.06% of 308 companies
in the Aerospace & Defense industry
Industry Median: 1.05 vs BWXT: 0.38

BWX Technologies Degree of Operating Leverage Historical Data

The historical data trend for BWX Technologies's Degree of Operating Leverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BWX Technologies Degree of Operating Leverage Chart

BWX Technologies Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Degree of Operating Leverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.05 370.55 -3.65 0.43 0.65

BWX Technologies Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Degree of Operating Leverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.47 1.19 1.45 0.65 0.38

Competitive Comparison of BWX Technologies's Degree of Operating Leverage

For the Aerospace & Defense subindustry, BWX Technologies's Degree of Operating Leverage, along with its competitors' market caps and Degree of Operating Leverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BWX Technologies's Degree of Operating Leverage Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, BWX Technologies's Degree of Operating Leverage distribution charts can be found below:

* The bar in red indicates where BWX Technologies's Degree of Operating Leverage falls into.


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BWX Technologies Degree of Operating Leverage Calculation

BWX Technologies's Degree of Operating Leverage for the quarter that ended in Mar. 2025 is calculated as:

Degree of Operating Leverage=% Change in EBIT**/% Change in Revenue
=( 390.034 (Mar. 2025) / 375.915 (Mar. 2024) - 1 )/( 2781.946 (Mar. 2025) / 2531.915 (Mar. 2024) - 1 )
=0.0376/0.0988
=0.38***

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** TTM data of EBIT and Revenue was used to calculate Degree of Operating Leverage.
*** Please be aware that the Degree of Operating Leverage calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


BWX Technologies  (NYSE:BWXT) Degree of Operating Leverage Explanation

Degree of Operating Leverage (DOL) is a leverage ratio that measures the sensitivity of a company’s operting income, also referred to as Earnings Before Interest and Taxes (EBIT), to fluctuations in its Revenue. DOL is a method used to quantify a company’s operating risk. This risk is related to the company's structure of variable costs and fixed costs. Since the fixed costs do not allow the company to adjust the operating costs, the operating risk rises with a higher fixed-to-variable costs proportion.

A high Degree of Operating Leverage indicates that the company’s fixed costs exceed its variable costs. By increasing the sales, the company can earn more profits. In addition, the company must be able to maintain relatively high sales to cover all fixed costs.

Be Aware

The use of operating leverage varies across different industries and business sectors, and the application of Degree of Operating Leverage (DOL) should be adjusted accordingly.


BWX Technologies Degree of Operating Leverage Related Terms

Thank you for viewing the detailed overview of BWX Technologies's Degree of Operating Leverage provided by GuruFocus.com. Please click on the following links to see related term pages.


BWX Technologies Business Description

Traded in Other Exchanges
Address
800 Main Street, 4th Floor, Lynchburg, VA, USA, 24504
BWX Technologies Inc is a specialty manufacturer and service provider of nuclear components, operating in two segments: Government Operations and Commercial Operations. The Government Operations segment produces naval nuclear reactors and fuel for the U.S. Naval Nuclear Propulsion Program, while the Commercial Operations segment designs and manufactures commercial nuclear steam generators, heat exchangers, pressure vessels, reactor components, and other auxiliary equipment, including containers for the storage of spent nuclear fuel and other high-level nuclear waste. The majority of the company's revenue comes from Government Operations, with sales primarily in the United States, Canada, and other regions.
Executives
Robert L Duffy officer: SVP and Chief Admin. Officer HARRIS CORPORATION, 1025 W. NASA BOULEVARD, MELBOURNE FL 32919
Whitford Ronald Owen Jr officer: SVP, General Counsel and Sec. 800 MAIN STREET, LYNCHBURG VA 24504
Rex D Geveden officer: Chief Operating Officer 800 MAIN STREET, LYNCHBURG VA 24504
Gerhard F Burbach director C/O THORATEC CORPORATION, 6035 STONERIDGE DRIVE, PLEASANTON CA 94588
Michael Thomas Fitzgerald officer: VP & Chief Accounting Officer 11525 N. COMMUNITY HOUSE ROAD, SUITE 600, CHARLOTTE NC 28277
Robert L Nardelli director 2455 PACES FERRY ROAD, ATLANTA GA 30339
Omar Fathi Meguid officer: SVP and Chief Digital Officer 800 MAIN STREET, LYNCHBURG VA 24504
Richard W Loving officer: SVP, Human Resources 800 MAIN STREET, LYNCHBURG VA 24504
Jason S. Kerr officer: See Remarks 11215 N. COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
John A Fees director, officer: Executive Chairman 800 MAIN STREET, 4TH FLOOR, LYNCHBURG VA 24504
Thomas E Mccabe officer: SVP & General Counsel C/O ORBITAL SCIENCES CORPORATION, 45101 WARP DRIVE, DULLES VA 20166
Kevin M Mccoy officer: Pres., Government Operations 800 MAIN STREET, LYNCHBURG NC 24504
Robb A. Lemasters director 800 MAIN STREET, LYNCHBURG VA 24504
David S Black officer: See Remarks 800 MAIN STREET, LYNCHBURG VA 24504
Robert Fendlay Smith officer: President, Gov. Operations 800 MAIN STREET, LUNCHBURG VA 24504