BWX TechnologiesBWXT -0.53%93 Return-on-Tangible-Asset is 10.49% as of Mar. 2026, which is 23% below its 10-year median of 13.64. GuruFocus rates BWXT with a GF Score™ of 93/100 and a GF Value™ of $142.13 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 356 Aerospace & Defense companies, BWX Technologies ranks better than 87.36% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. BWX Technologies's annualizedNet Income for the quarter that ended in Mar. 2026 was $364 Mil. BWX Technologies's average total tangible assets for the quarter that ended in Mar. 2026 was $3,474 Mil. Therefore, BWX Technologies's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 10.49%.
The historical rank and industry rank for BWX Technologies's Return-on-Tangible-Asset or its related term are showing as below:
BWXT'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 11.18 Med: 13.64 Max: 18.82
Current: 11.28
During the past 13 years, BWX Technologies's highest Return-on-Tangible-Asset was 18.82%. The lowest was 11.18%. And the median was 13.64%.
BWXT's Return-on-Tangible-Asset is ranked better than 87.36% of 356
companies
in the Aerospace & Defense industry
Industry Median: 3.085
vs BWXT: 11.28
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
BWX Technologies Return-on-Tangible-Asset Related Terms
BWX Technologies Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for BWX Technologies's Return-on-Tangible-Asset 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.
BWXT vs ARXS, TXT, MOG.A: Return-on-Tangible-Asset Comparison
For the Aerospace & Defense subindustry, BWX Technologies's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, BWX Technologies's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where BWX Technologies's Return-on-Tangible-Asset falls into.
* 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 10.49% mean?
BWX Technologies (BWXT) has a Return-on-Tangible-Asset of 10.49% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on BWX Technologies and its competitors. This is 23% below median its historical median of 13.64. Over the past decade, BWX Technologies' Return-on-Tangible-Asset has ranged from 11.18 to 18.82. According to the industry distribution chart, BWX Technologies ranks #45 out of 356 companies in the Aerospace & Defense industry, placing it in the top 12.6%.
Is BWX Technologies' Return-on-Tangible-Asset too high?
BWX Technologies' current Return-on-Tangible-Asset of 10.49% is 23% below median its 10-year median of 13.64. Over the past 10 years, this metric has ranged from a low of 11.18 to a high of 18.82. The Aerospace & Defense industry median Return-on-Tangible-Asset is 3.09. BWX Technologies' value of 10.49% is 240% above this industry median. Based on the distribution chart, BWX Technologies ranks #45 out of 356 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, BWX Technologies has a GF Score™ of 93/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BWX Technologies' Return-on-Tangible-Asset compare to ARXS and TXT?
According to the Aerospace & Defense industry distribution chart, BWX Technologies ranks #45 out of 356 companies for Return-on-Tangible-Asset. This places BWX Technologies in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.09. BWX Technologies' value of 10.49% is 240% above this benchmark. Historically, BWX Technologies' own Return-on-Tangible-Asset has ranged from 11.18 to 18.82 over the past decade. While the company's 10-year median is 13.64 vs. the industry median of 3.09, 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 Return-on-Tangible-Asset for an Aerospace & Defense company?
The median Return-on-Tangible-Asset among Aerospace & Defense companies is 3.09, based on 356 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BWX Technologies's current Return-on-Tangible-Asset of 10.49% is 240% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on BWX Technologies and its competitors. For the Aerospace & Defense industry, the median Return-on-Tangible-Asset is 3.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BWX Technologies's current Return-on-Tangible-Asset is 10.49%, which is 23% below median its own 10-year median of 13.64. 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 $142.13, compared to a current price of $186.00 — trading 30.9% above its estimated fair value. The current Return-on-Tangible-Asset is 10.49%, which is 23% below median its 10-year median of 13.64 and 240% above the Aerospace & Defense industry median of 3.09. BWX Technologies' overall GF Score™ is 93/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For BWX Technologies (BWXT), the current Return-on-Tangible-Asset is 10.49% 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 $186.00 is trading 30.9% above its estimated GF Value™ of $142.13.
GuruFocus considers BWX Technologies to be Significantly Overvalued.
Key valuation signals for BWXT:
Return-on-Tangible-Asset: 10.49% (23% below median its 10-year median of 13.64)
GF Value™: $142.13 vs. price of $186.00 (30.9% above fair value)
Industry Position: 240% above the Aerospace & Defense median (#45 of 356)
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 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.
93GF Score
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