BWXT BWX Technologies margins

Relative Growth: Rel. Growth:
Relative Strength: Rel. Strength:
Relative Valuation: Rel. Valuation:
Relative Profitability: Rel. Profitability: 62
Gross margin
22.6%
Operating margin
9.8%
EBITDA margin
16.7%
Net margin
10.4%

Using the latest TTM figures, BWX Technologies shows a gross margin of 22.6%, an operating margin of 9.8%, an EBITDA margin of 16.7%, and a net margin of 10.4%. Margin expansion was strongest in net margin, which increased by 0.4 percentage points. Gross margin had the strongest contraction, declining by 0.9 percentage points.

BWXT margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, BWX Technologies recorded average margins of 23.88% gross, 11.54% operating, 17.33% EBITDA, and 10.21% net. BWX Technologies's current performance shows that net margin is above its three-year average and gross, operating, and EBITDA margins are below their three-year averages.

BWXT margin expansion

Year-over-year margin changes in percentage points

The strongest improvement was in net margin, which increased by 0.4 percentage points, whereas gross margin contracted by 0.9 percentage points, operating margin by 0.9 percentage points, and EBITDA margin by 0.3 percentage points.

Gross margin expansion
-0.9pp
Operating margin expansion
-0.9pp
EBITDA margin expansion
-0.3pp
Net margin expansion
0.4pp

BWXT Gross margin

Across the last 3 years, BWX Technologies's gross margin came to 23.88%. The current gross margin stands at 22.6%, 1.3 percentage points below its three-year average. Gross margin was highest at 25.3% in Jun 2024 and lowest at 22.1% in Jun 2026.

BWXT Operating margin

BWX Technologies's operating margin averaged 11.54% across the past 3 years. The latest operating margin for BWX Technologies is 9.8%, 1.7 percentage points below its three-year average. Over the last 3 years, BWX Technologies's operating margin peaked at 13.5% in Jun 2024 and reached a low of 9.7% in Jun 2026.

BWXT EBITDA margin

BWX Technologies recorded an average EBITDA margin of 17.33% across the last 3 years. The latest EBITDA margin for BWX Technologies is 16.7%, 0.6 percentage points below its three-year average. BWX Technologies's EBITDA margin ranged from a low of 16.5% in Jun 2026 to a high of 18.1% in Jun 2024.

BWXT Net margin

The average net margin for BWX Technologies was 10.21% over the last 3 years. As of the latest period, the current net margin for BWX Technologies is 10.4%, 0.2 percentage points above its three-year average. The net margin for BWX Technologies moved between 9.8% in Dec 2023 and 10.4% in Sep 2026.

BWXT margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 22.6%, BWXT stands lower than the Industrials sector and the industry average. Looking at the Industrials sector average of 32.5%, BWX Technologies's gross margin is 30% lower.

BWXT margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is BWX Technologies's gross margin?

As of Sep 30, 2026, BWXT has a gross margin of 22.6%.

What is BWX Technologies's operating margin?

The current operating margin for BWXT is 9.8% as of Sep 30, 2026.

What is BWX Technologies's EBITDA margin?

The current EBITDA margin for BWXT is 16.7% as of Sep 30, 2026.

What is BWX Technologies's net margin?

For the period ending Sep 30, 2026, BWXT recorded a net margin of 10.4%.

What are the average margins of BWXT?

Across the last 3 years, BWXT averaged 23.9% gross, 11.5% operating, 17.3% EBITDA, and 10.2% net.

What are the highest historical margins of BWXT?

Across the 5-year period, BWXT posted its highest margins at 25.9% gross in Dec 2021, 14.7% operating in Dec 2021, 23.5% EBITDA in Dec 2021, and 14.4% net in Dec 2021.

What are the lowest historical margins of BWXT?

Over this 5-year history, BWX Technologies's margins fell as low as 22.1% gross in Jun 2026, 9.7% operating in Jun 2026, 16.5% EBITDA in Jun 2026, and 9.3% net in Sep 2023.