BWX Technologies (BWXT) Operating Margin (2010 - 2026)
BWX Technologies' Operating Margin came in at 12.66% for Q2 2026, down 0.75 percentage points from 13.41% a year earlier but up 0.26 percentage points from the prior quarter.
BWX Technologies (BWXT) Operating Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, BWX Technologies reported Operating Margin of 12.13%, down 1.41 percentage points year-over-year; for FY2025, it came in at 12.65%, down 1.43 percentage points from FY2024.
- Operating Margin has declined in each of the last six years, with a five-year change of -4.24 percentage points (FY2020 to FY2025).
- Going back by year, Operating Margin was 14.08% in FY2024 (-1.27 pp), 15.35% in FY2023 (-0.27 pp), 15.61% in FY2022 (-0.67 pp) and 16.28% in FY2021 (-0.60 pp).
- The five-year range for quarterly Operating Margin is 10.39% (Q4 2025) to 17.54% (Q3 2021).
- Year-over-year, Operating Margin has declined for eight consecutive quarters, with an average year-over-year change of -1.60 percentage points over the last eight quarters.
- The fastest year-over-year change in Operating Margin over five years came in Q2 2022 (a gain of 2.58 percentage points), and the weakest in Q4 2024 (a drop of 4.62 percentage points).
- Business Quant data shows BWXT's Operating Margin at 12.40% (Q1 2026), 10.39% (Q4 2025) and 13.08% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 5.88% |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 17.11% |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 42.64% |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 12.66% |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 17.93% |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 20.41% |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 16.18% |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 17.65% |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 6.71% |
| 10 | Nuscale Power | 3.24 Bn | 3.19 Bn | -152,000.00 | -85,337.33% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.66% |
| Mar 31, 2026 | 12.40% |
| Dec 31, 2025 | 10.39% |
| Sep 30, 2025 | 13.08% |
| Jun 30, 2025 | 13.41% |
| Mar 31, 2025 | 14.16% |
| Dec 31, 2024 | 12.36% |
| Sep 30, 2024 | 14.37% |
| Jun 30, 2024 | 14.50% |
| Mar 31, 2024 | 15.39% |
| Dec 31, 2023 | 16.98% |
| Sep 30, 2023 | 14.47% |
| Jun 30, 2023 | 14.15% |
| Mar 31, 2023 | 15.46% |
| Dec 31, 2022 | 16.32% |
| Sep 30, 2022 | 15.25% |
| Jun 30, 2022 | 17.18% |
| Mar 31, 2022 | 13.49% |
| Dec 31, 2021 | 17.27% |
| Sep 30, 2021 | 17.54% |
BWX Technologies Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=BWXT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "BWXT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=BWXT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();