BWXT (BWX Technologies) Piotroski F-Score: 6 (As of Jun. 26, 2026) — Near Median


BWXT BWX Technologies Inc BWXT
90 GF Score
Price $198.58
GF Value $141.23
Valuation Significantly Overvalued
! 5 Warning Signs
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What is BWX Technologies Piotroski F-Score?

BWX Technologies BWXT -3.03% 90 Piotroski F-Score is 6 as of Jun. 26, 2026, which is at its 10-year median of 6.00. GuruFocus rates BWXT with a GF Score™ of 90/100 and a GF Value™ of $141.23 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 319 Aerospace & Defense companies, BWX Technologies ranks better than 73.98% on this metric.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

BWX Technologies has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for BWX Technologies's Piotroski F-Score or its related term are showing as below:

BWXT' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 9
Current: 6

During the past 13 years, the highest Piotroski F-Score of BWX Technologies was 9. The lowest was 3. And the median was 6.

BWX Technologies  (NYSE:BWXT) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


BWX Technologies Piotroski F-Score Related Terms


BWX Technologies Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for BWX Technologies's Piotroski F-Score 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.

BWX Technologies Piotroski F-Score Chart

BWX Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 5.00 7.00 7.00 6.00

BWX Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Piotroski F-Score 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 6.00 6.00 6.00 6.00 6.00

BWXT vs PL, ARXS, TXT: Piotroski F-Score Comparison

For the Aerospace & Defense subindustry, BWX Technologies's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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 Piotroski F-Score vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, BWX Technologies's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where BWX Technologies's Piotroski F-Score falls into.


BWXT
90GF Score
BWX Technologies Inc BWXT
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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How is the Piotroski F-Score calculated?

* 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.

This Year (Mar26) TTM:Last Year (Mar25) TTM:
Net Income was 78.388 + 82.106 + 92.989 + 91.068 = $345 Mil.
Cash Flow from Operations was 159.043 + 143.16 + 126.995 + 92.6 = $522 Mil.
Revenue was 764.039 + 866.286 + 885.842 + 860.217 = $3,376 Mil.
Gross Profit was 191.397 + 188.994 + 187.275 + 197.368 = $765 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(3054.008 + 3699.072 + 3781.537 + 4271.495 + 4324.91) / 5 = $3826.2044 Mil.
Total Assets at the begining of this year (Mar25) was $3,054 Mil.
Long-Term Debt & Capital Lease Obligation was $2,018 Mil.
Total Current Assets was $1,616 Mil.
Total Current Liabilities was $674 Mil.
Net Income was 72.972 + 69.483 + 71.018 + 75.462 = $289 Mil.

Revenue was 681.465 + 671.956 + 746.267 + 682.258 = $2,782 Mil.
Gross Profit was 168.269 + 163.956 + 174.373 + 165.193 = $672 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(2788.01 + 2840.633 + 2947.46 + 2869.924 + 3054.008) / 5 = $2900.007 Mil.
Total Assets at the begining of last year (Mar24) was $2,788 Mil.
Long-Term Debt & Capital Lease Obligation was $1,185 Mil.
Total Current Assets was $976 Mil.
Total Current Liabilities was $484 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

BWX Technologies's current Net Income (TTM) was 345. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

BWX Technologies's current Cash Flow from Operations (TTM) was 522. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar25)
=344.551/3054.008
=0.11281929

ROA (Last Year)=Net Income/Total Assets (Mar24)
=288.935/2788.01
=0.10363485

BWX Technologies's return on assets of this year was 0.11281929. BWX Technologies's return on assets of last year was 0.10363485. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

BWX Technologies's current Net Income (TTM) was 345. BWX Technologies's current Cash Flow from Operations (TTM) was 522. ==> 522 > 345 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Mar26)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar25 to Mar26
=2017.946/3826.2044
=0.52740152

Gearing (Last Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=1185.356/2900.007
=0.40874246

BWX Technologies's gearing of this year was 0.52740152. BWX Technologies's gearing of last year was 0.40874246. ==> Last year is lower than this year ==> Score 0.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Mar26)=Total Current Assets/Total Current Liabilities
=1616.376/674.221
=2.39739789

Current Ratio (Last Year: Mar25)=Total Current Assets/Total Current Liabilities
=975.785/483.945
=2.01631384

BWX Technologies's current ratio of this year was 2.39739789. BWX Technologies's current ratio of last year was 2.01631384. ==> This year's current ratio is higher. ==> Score 1.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

BWX Technologies's number of shares in issue this year was 91.909. BWX Technologies's number of shares in issue last year was 91.874. ==> There is larger number of shares in issue this year. ==> Score 0.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=765.034/3376.384
=0.22658382

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=671.791/2781.946
=0.2414824

BWX Technologies's gross margin of this year was 0.22658382. BWX Technologies's gross margin of last year was 0.2414824. ==> Last year's gross margin is higher ==> Score 0.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar25)
=3376.384/3054.008
=1.10555834

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar24)
=2781.946/2788.01
=0.99782497

BWX Technologies's asset turnover of this year was 1.10555834. BWX Technologies's asset turnover of last year was 0.99782497. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+1+0+1+0+0+1
=6

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

BWX Technologies has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 6 mean?
BWX Technologies (BWXT) has a Piotroski F-Score of 6 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on BWX Technologies and its competitors. This is near median its historical median of 6.00. Over the past decade, BWX Technologies' Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, BWX Technologies ranks #83 out of 319 companies in the Aerospace & Defense industry, placing it in the top 26%.
Is BWX Technologies' Piotroski F-Score too high?
BWX Technologies' current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. The Aerospace & Defense industry median Piotroski F-Score is 5.00. BWX Technologies' value of 6 is 20% above this industry median. Based on the distribution chart, BWX Technologies ranks #83 out of 319 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, BWX Technologies has a GF Score™ of 90/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BWX Technologies' Piotroski F-Score compare to PL and ARXS?
According to the Aerospace & Defense industry distribution chart, BWX Technologies ranks #83 out of 319 companies for Piotroski F-Score. This puts BWX Technologies in the upper half of its industry. The industry median Piotroski F-Score is 5.00. BWX Technologies' value of 6 is 20% above this benchmark. Historically, BWX Technologies' own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, BWX Technologies has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for an Aerospace & Defense company?
The median Piotroski F-Score among Aerospace & Defense companies is 5.00, based on 319 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BWX Technologies's current Piotroski F-Score of 6 is 20% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on BWX Technologies and its competitors. For the Aerospace & Defense industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BWX Technologies's current Piotroski F-Score is 6, which is near median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BWX Technologies stock overvalued right now?
Based on GuruFocus' analysis, BWX Technologies (BWXT) is currently considered Significantly Overvalued. The stock's GF Value™ is $141.23, compared to a current price of $198.58 — trading 40.6% above its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Aerospace & Defense industry median of 5.00. BWX Technologies' overall GF Score™ is 90/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For BWX Technologies (BWXT), the current Piotroski F-Score is 6 as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is BWX Technologies (BWXT) Overvalued in 2026?

Based on GuruFocus' analysis, BWX Technologies stock appears to be overvalued. The current stock price of $198.58 is trading 40.6% above its estimated GF Value™ of $141.23. GuruFocus considers BWX Technologies to be Significantly Overvalued.

Key valuation signals for BWXT:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: $141.23 vs. price of $198.58 (40.6% above fair value)
  • GF Score™: 90/100 with 5 warning signs
  • Industry Position: 20% above the Aerospace & Defense median (#83 of 319)

No single metric tells the full story. See the BWXT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BWX Technologies Business Description

Other Exchanges BWXT:Mexico4BW:Germany
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 principally in the United States, Canada, and other regions.
90GF Score

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Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$198.58
Price
$141.23
GF Value