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Companies / Industrials / BWX Technologies, Inc.
BWXT

BWX Technologies, Inc.

IndustrialsIndustrial Machinery
Ticker BWXTLYNCHBURG, VAFiscal year ends DecemberBook value per share $14.51Diluted shares 92.0M

BWX Technologies, Inc. (NYSE: BWXT) is a specialty manufacturer of nuclear components, developer of nuclear technologies, and service provider with an operating history exceeding 100 years. The company operates through two reportable segments: Government Operations and Commercial Operations. More information about the… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$3.20BFY2025
+18.3% year over year
Last 12 mo $3.51B
12.65%FY2025
−1.4 percentage points
Last 12 mo 12.13%
$329.86MFY2025
+16.8% year over year
Last 12 mo $356.16M
26.69%FY2025
+0.3 percentage points
Last 12 mo 26.62%
Cash & financing
$479.85MFY2025
+17.5% year over year
Last 12 mo $519.16M
$295.29MFY2025
+15.9% year over year
Last 12 mo $316.76M
1.64FY2025
Was 0.98× a year earlier
Last 12 mo 1.51
91.9MFY2025
No change, year over year
Last 12 mo 92.0M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What BWX Technologies, Inc. does

In the company’s own words

BWX Technologies, Inc. (NYSE: BWXT) is a specialty manufacturer of nuclear components, developer of nuclear technologies, and service provider with an operating history exceeding 100 years. The company operates through two reportable segments: Government Operations and Commercial Operations. More information about the company is available at www.bwxt.com.

The Government Operations segment, representing approximately 76 percent of backlog, engineers, designs, and manufactures precision naval nuclear components, reactors, and nuclear fuel for the U.S. Department of Energy and National Nuclear Security Administration's Naval Nuclear Propulsion Program. This segment also provides management and operation services for high-consequence U.S. Government nuclear facilities, environmental remediation services, and develops advanced nuclear reactors for space and terrestrial applications. The segment is the largest domestic supplier of research reactor fuel elements for colleges, universities, and national laboratories and performs uranium downblending and recovery operations.

The Commercial Operations segment, representing approximately 24 percent of backlog, designs and manufactures commercial nuclear steam generators, heat exchangers, pressure vessels, reactor components, and containers for spent nuclear fuel storage. This segment supplies heavy nuclear components to the worldwide nuclear industry and is the only commercial heavy nuclear component manufacturer in North America. It also manufactures nuclear fuel, fuel handling systems, reactor controls, and provides engineering and maintenance services for nuclear power plants. Additionally, this segment manufactures medical radioisotopes, radiopharmaceuticals, and medical devices while partnering with life science and pharmaceutical companies.

As of December 31, 2025, the company employed approximately 10,400 persons worldwide, with significant operations in the United States and Canada. The company maintains specialized technical capabilities and regulatory expertise that create substantial barriers to entry in its markets. Recent acquisitions include Aerojet Ordnance Tennessee, Inc. in January 2025 and Kinectrics Holdings, Inc. in May 2025, both expanding the company's advanced materials and lifecycle management capabilities. The company's business model relies on large, long-term contracts with government and commercial customers, with backlog of approximately $7.3 billion at year-end 2025.

Company details
Sector
Industrials
Industry (SIC)
Industrial Machinery
Headquarters
LYNCHBURG, VA
Fiscal year end
December
CIK
1486957
SIC
3510

Financial performance, year by year

Fiscal 2013–2025 · USD
$-351.40M$702.79M$1.76B$2.81B$3.87B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns BWX Technologies, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

579
funds hold it
1 of 35
superinvestors hold it
$9.18B
held by funds, at market
50.2%
of shares held by funds

Superinvestors in BWX Technologies, Inc. · what they did last quarter

Polen CapitalDECREASED -3.0%
Polen Capital Management
0.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · BWX Technologies, Inc.’s weight in each

iShares Core S&P Mid-Cap ETF
IJH · iShares Trust
0.49%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.02%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.22%of fund net assets
First Trust RBA American Industrial Renaissance ETF
AIRR · First Trust Exchange-Traded Fund VI
2.97%of fund net assets
VanEck Uranium and Nuclear ETF
NLR · VanEck ETF Trust
6.78%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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