BWX Technologies (BWXT) Operating Margin (2010 - 2026)
BWX Technologies' Operating Margin came in at 13.86% for Q3 2026, up 0.78 percentage points from 13.08% a year earlier and up 1.20 percentage points from the prior quarter.
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Analysis
BWX Technologies (BWXT) Operating Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, BWX Technologies reported Operating Margin of 12.36%, down 0.87 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 Q3 2026 figure represents the highest quarterly Operating Margin since Q1 2025.
- Year-over-year, Operating Margin increased in 1 of the last eight quarters, with an average year-over-year change of -1.49 percentage points.
- 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 12.66% (Q2 2026), 12.40% (Q1 2026) and 10.39% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 209.61 Bn | 160.70 Bn | 3.11 Bn | 11.03% |
| 2 | Bloom Energy | 56.09 Bn | 45.99 Bn | 417.10 Mn | 18.24% |
| 3 | First Solar | 19.82 Bn | 11.19 Bn | 713.06 Mn | 44.37% |
| 4 | Nextpower | 15.58 Bn | 11.28 Bn | 345.32 Mn | 18.71% |
| 5 | BWX Technologies | 11.75 Bn | 9.57 Bn | 227.14 Mn | 13.86% |
| 6 | Generac Holdings | 10.81 Bn | 9.54 Bn | 516.04 Mn | 12.40% |
| 7 | Innio | 10.80 Bn | 10.80 Bn | 367.70 Mn | 16.58% |
| 8 | EnerSys | 5.49 Bn | 3.69 Bn | 313.36 Mn | 16.18% |
| 9 | Mirion Technologies | 4.67 Bn | 3.03 Bn | 131.50 Mn | 6.19% |
| 10 | Enphase Energy | 3.73 Bn | -585.71 Mn | 127.12 Mn | 2.20% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 13.86% |
| 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% |
API Access
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_KEYimport 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();