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BWXT (BWX Technologies) ROE % : 27.02% (As of Sep. 2024)


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What is BWX Technologies ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. BWX Technologies's annualized net income for the quarter that ended in Sep. 2024 was $278 Mil. BWX Technologies's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was $1,029 Mil. Therefore, BWX Technologies's annualized ROE % for the quarter that ended in Sep. 2024 was 27.02%.

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

BWXT' s ROE % Range Over the Past 10 Years
Min: 2.72   Med: 51.65   Max: 88.06
Current: 28.78

During the past 13 years, BWX Technologies's highest ROE % was 88.06%. The lowest was 2.72%. And the median was 51.65%.

BWXT's ROE % is ranked better than
93% of 300 companies
in the Aerospace & Defense industry
Industry Median: 5.92 vs BWXT: 28.78

BWX Technologies ROE % Historical Data

The historical data trend for BWX Technologies's ROE % 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 ROE % Chart

BWX Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 76.31 54.54 48.75 34.38 29.24

BWX Technologies Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROE % 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 28.14 29.20 29.14 30.02 27.02

Competitive Comparison of BWX Technologies's ROE %

For the Aerospace & Defense subindustry, BWX Technologies's ROE %, along with its competitors' market caps and ROE % 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 ROE % Distribution in the Aerospace & Defense Industry

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

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



BWX Technologies ROE % Calculation

BWX Technologies's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=245.849/( (748.31+933.351)/ 2 )
=245.849/840.8305
=29.24 %

BWX Technologies's annualized ROE % for the quarter that ended in Sep. 2024 is calculated as

ROE %=Net Income (Q: Sep. 2024 )/( (Total Stockholders Equity (Q: Jun. 2024 )+Total Stockholders Equity (Q: Sep. 2024 ))/ count )
=277.932/( (998.488+1058.749)/ 2 )
=277.932/1028.6185
=27.02 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Sep. 2024) net income data. ROE % is displayed in the 30-year financial page.


BWX Technologies  (NYSE:BWXT) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=277.932/1028.6185
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(277.932 / 2687.824)*(2687.824 / 2894.0465)*(2894.0465 / 1028.6185)
=Net Margin %*Asset Turnover*Equity Multiplier
=10.34 %*0.9287*2.8135
=ROA %*Equity Multiplier
=9.6 %*2.8135
=27.02 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Sep. 2024 )
=Net Income/Total Stockholders Equity
=277.932/1028.6185
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (277.932 / 362.496) * (362.496 / 324.184) * (324.184 / 2687.824) * (2687.824 / 2894.0465) * (2894.0465 / 1028.6185)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7667 * 1.1182 * 12.06 % * 0.9287 * 2.8135
=27.02 %

Note: The net income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


BWX Technologies ROE % Related Terms

Thank you for viewing the detailed overview of BWX Technologies's ROE % 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 & service provider of nuclear components. It operates in two segments. The government Operations segment consists of legacy Nuclear Operations Group & Nuclear Services Group segments with certain research & development activities in the areas of advanced reactors & advanced manufacturing. The commercial Operations segment consists of the legacy Nuclear Power Group segment with certain research and development & commercialization activities in the areas of medical & industrial radioisotopes & radiopharmaceuticals. The majority is from the Government Operations segment. Geographically, it operates in the United States, Canada & United Kingdom, out of which the majority is from the United States.
Executives
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 Duffy officer: SVP and Chief Admin. Officer HARRIS CORPORATION, 1025 W. NASA BOULEVARD, MELBOURNE FL 32919
Robert L Nardelli director 2455 PACES FERRY ROAD, ATLANTA GA 30339
Whitford Ronald Owen Jr officer: SVP, General Counsel and Sec. 800 MAIN STREET, LYNCHBURG VA 24504
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
Rex D Geveden officer: Chief Operating Officer 800 MAIN STREET, LYNCHBURG VA 24504
Robert Fendlay Smith officer: President, Gov. Operations 800 MAIN STREET, LUNCHBURG VA 24504