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BWX Technologies BWXT Commercial Operations — Goodwill

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$248.92M+43.8%

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Other financials

Income statement

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Revenue$860.2M+26.1%
Gross profit$197.4M+19.5%
Operating income$106.7M+10.4%
Net income$91.1M+20.7%
EPS (diluted)$0.99+20.7%

Balance sheet

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Cash & equivalents$520.3M+740%
Total debt$2.0B+68.5%
Total equity$1.3B+16.4%
Total assets$4.3B+41.6%

Cash flow

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Operating cash flow$92.6M+82.8%
CapEx$42.5M+27.4%
Free cash flow$50.1M+190%

Valuation

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Market cap$16.23B+29.3%
Enterprise value$17.73B+26.3%
P/E47.1×+4.5×
P/S4.8×+0.4×

Profitability

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Gross margin22.7%-1.5pp
Operating margin12.3%-1.5pp
Net margin10.2%-0.2pp
FCF margin9.7%-0.2pp

Returns & leverage

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Return on equity28.9%+0.7pp
Debt / equity1.6×+0.5×
Current ratio2.4×+0.4×

Where this comes from

Reported directly by BWX Technologies in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The official record: BWX Technologies’s 10-K, filed February 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is BWX Technologies's commercial operations — goodwill?
BWX Technologies (BWXT) reported commercial operations — goodwill of $251.94M in Q4 2025.
How has BWX Technologies's commercial operations — goodwill changed year-over-year?
BWX Technologies's commercial operations — goodwill increased by 120.4% year-over-year, from $114.31M to $251.94M.
What does commercial operations — goodwill mean?
Represents the excess of the purchase price over the fair value of identifiable net assets acquired in business combinations within the commercial operations segment. It reflects the value of intangible assets such as brand reputation, customer relationships, and proprietary technology that cannot be separately identified. This metric is subject to periodic impairment testing to ensure its carrying value remains supported by future cash flows.