BWXT (BWX Technologies) Gross Margin %: 22.94% (As of Mar. 2026) — 13% Below Median


BWXT BWX Technologies Inc BWXT
90 GF Score
Price $198.85
GF Value $141.23
Valuation Significantly Overvalued
! 5 Warning Signs
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What is BWX Technologies Gross Margin %?

BWX Technologies BWXT -2.89% 90 Gross Margin % is 22.94% as of Mar. 2026, which is 13% below its 10-year median of 26.51. 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 342 Aerospace & Defense companies, BWX Technologies ranks worse than 59.06% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. BWX Technologies's Gross Profit for the three months ended in Mar. 2026 was $197 Mil. BWX Technologies's Revenue for the three months ended in Mar. 2026 was $860 Mil. Therefore, BWX Technologies's Gross Margin % for the quarter that ended in Mar. 2026 was 22.94%.

Warning Sign:

BWX Technologies Inc gross margin has been in long-term decline. The average rate of decline per year is -2.9%.


The historical rank and industry rank for BWX Technologies's Gross Margin % or its related term are showing as below:

BWXT' s Gross Margin % Range Over the Past 10 Years
Min: 22.66   Med: 26.51   Max: 29.94
Current: 22.66


During the past 13 years, the highest Gross Margin % of BWX Technologies was 29.94%. The lowest was 22.66%. And the median was 26.51%.

BWXT's Gross Margin % is ranked worse than
59.06% of 342 companies
in the Aerospace & Defense industry
Industry Median: 26.65 vs BWXT: 22.66

BWX Technologies had a gross margin of 22.94% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for BWX Technologies was -2.90% per year.


BWX Technologies  (NYSE:BWXT) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

BWX Technologies had a gross margin of 22.94% for the quarter that ended in Mar. 2026 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


BWX Technologies Gross Margin % Related Terms


BWX Technologies Gross Margin % Historical Data

* Premium members only.

The historical data trend for BWX Technologies's Gross Margin % 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 Gross Margin % Chart

BWX Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.91 24.72 24.86 24.23 22.91

BWX Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % 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 24.21 25.05 21.82 21.14 22.94

BWXT vs PL, ARXS, TXT: Gross Margin % Comparison

For the Aerospace & Defense subindustry, BWX Technologies's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, BWX Technologies's Gross Margin % distribution charts can be found below:

* The bar in red indicates where BWX Technologies's Gross Margin % falls into.


BWXT
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BWX Technologies Inc BWXT
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BWX Technologies Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

BWX Technologies's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=732.9 / 3198.425
=(Revenue - Cost of Goods Sold) / Revenue
=(3198.425 - 2465.566) / 3198.425
=22.91 %

BWX Technologies's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=197.4 / 860.217
=(Revenue - Cost of Goods Sold) / Revenue
=(860.217 - 662.849) / 860.217
=22.94 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 22.94% mean?
BWX Technologies (BWXT) has a Gross Margin % of 22.94% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on BWX Technologies and its competitors. This is 13% below median its historical median of 26.51. Over the past decade, BWX Technologies' Gross Margin % has ranged from 22.66 to 29.94. According to the industry distribution chart, BWX Technologies ranks #202 out of 342 companies in the Aerospace & Defense industry, placing it in the top 59.1%.
Is BWX Technologies' Gross Margin % too high?
BWX Technologies' current Gross Margin % of 22.94% is 13% below median its 10-year median of 26.51. Over the past 10 years, this metric has ranged from a low of 22.66 to a high of 29.94. The Aerospace & Defense industry median Gross Margin % is 26.65. BWX Technologies' value of 22.94% is 13.9% below this industry median. Based on the distribution chart, BWX Technologies ranks #202 out of 342 companies in the Aerospace & Defense industry, which is below 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' Gross Margin % compare to PL and ARXS?
According to the Aerospace & Defense industry distribution chart, BWX Technologies ranks #202 out of 342 companies for Gross Margin %. This places BWX Technologies in the lower half of its industry. The industry median Gross Margin % is 26.65. BWX Technologies' value of 22.94% is 13.9% below this benchmark. Historically, BWX Technologies' own Gross Margin % has ranged from 22.66 to 29.94 over the past decade. While the company's 10-year median is 26.51 vs. the industry median of 26.65, BWX Technologies has consistently been below 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 Gross Margin % for an Aerospace & Defense company?
The median Gross Margin % among Aerospace & Defense companies is 26.65, based on 342 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BWX Technologies's current Gross Margin % of 22.94% is 13.9% below 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on BWX Technologies and its competitors. For the Aerospace & Defense industry, the median Gross Margin % is 26.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BWX Technologies's current Gross Margin % is 22.94%, which is 13% below median its own 10-year median of 26.51. 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 $198.85 — trading 40.8% above its estimated fair value. The current Gross Margin % is 22.94%, which is 13% below median its 10-year median of 26.51 and 13.9% below the Aerospace & Defense industry median of 26.65. 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 Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For BWX Technologies (BWXT), the current Gross Margin % is 22.94% as of Mar. 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 $198.85 is trading 40.8% above its estimated GF Value™ of $141.23. GuruFocus considers BWX Technologies to be Significantly Overvalued.

Key valuation signals for BWXT:

  • Gross Margin %: 22.94% (13% below median its 10-year median of 26.51)
  • GF Value™: $141.23 vs. price of $198.85 (40.8% above fair value)
  • GF Score™: 90/100 with 5 warning signs
  • Industry Position: 13.9% below the Aerospace & Defense median (#202 of 342)

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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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$198.85
Price
$141.23
GF Value