BWX Technologies Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	3,198	2,704	2,496	2,233	2,124
Revenue Growth (YoY)	18.30%	8.31%	11.80%	5.12%	0.03%
Cost of Revenue	2,466	2,048	1,876	1,681	1,574
Gross Profit	732.86	655.21	620.59	551.94	550.28
Selling, General & Admin	379.18	317.88	300.59	230.23	137.45
Research & Development	13.87	7.48	7.61	9.54	11.06
Operating Expenses	393.05	325.36	308.2	239.77	148.51
Operating Income	339.81	329.85	312.4	312.17	401.77
Interest Expense	-44.21	-39.48	-47.04	-36.41	-35.76
Interest & Investment Income	3.89	2.55	2.36	0.76	0.42
Earnings From Equity Investments	74.91	55.93	50.81	45.97	33.5
Currency Exchange Gain (Loss)	17.7	1.7	1.8	-1.4	1.8
Other Non Operating Income (Expenses)	0.66	2.55	2.11	-1.19	5.47
EBT Excluding Unusual Items	392.77	353.11	322.43	319.9	407.19
Gain (Loss) on Sale of Investments	0.38	-	-	-	-
Gain (Loss) on Sale of Assets	4.97	-4.39	-1.03	-5.52	3.53
Other Unusual Items	-	-	-	-	-15.01
Pretax Income	398.12	348.72	321.4	314.38	395.71
Income Tax Expense	68.26	66.42	75.08	75.76	89.43
Earnings From Continuing Operations	329.86	282.3	246.32	238.62	306.29
Net Income to Company	329.86	282.3	246.32	238.62	306.29
Minority Interest in Earnings	-0.92	-0.36	-0.47	-0.43	-0.42
Net Income	328.95	281.94	245.85	238.19	305.87
Net Income to Common	328.95	281.94	245.85	238.19	305.87
Net Income Growth	16.67%	14.68%	3.21%	-22.13%	9.76%
Shares Outstanding (Basic)	92	92	92	91	94
Shares Outstanding (Diluted)	92	92	92	92	95
Shares Change (YoY)	-0.00%	-0.02%	0.19%	-2.98%	-1.26%
EPS (Basic)	3.59	3.08	2.68	2.60	3.24
EPS (Diluted)	3.58	3.07	2.68	2.60	3.24
EPS Growth	16.61%	14.55%	3.08%	-19.75%	11.34%
Free Cash Flow	295.29	254.78	212.42	46.39	74.97
Free Cash Flow Per Share	3.21	2.77	2.31	0.51	0.79
Dividend Per Share	1.000	0.960	0.920	0.880	0.840
Dividend Growth	4.17%	4.35%	4.54%	4.76%	10.53%
Gross Margin	22.91%	24.23%	24.86%	24.72%	25.91%
Operating Margin	10.62%	12.20%	12.51%	13.98%	18.92%
Profit Margin	10.29%	10.43%	9.85%	10.67%	14.40%
Free Cash Flow Margin	9.23%	9.42%	8.51%	2.08%	3.53%
EBITDA	447.5	415.71	390.96	386.01	470.85
EBITDA Margin	13.99%	15.38%	15.66%	17.29%	22.17%
D&A For EBITDA	107.69	85.86	78.57	73.84	69.08
EBIT	339.81	329.85	312.4	312.17	401.77
EBIT Margin	10.62%	12.20%	12.51%	13.98%	18.92%
Effective Tax Rate	17.14%	19.05%	23.36%	24.10%	22.60%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.