BWX Technologies, Inc. (BWXT)财务
NYSE · Industrials · Aerospace & Defense · 员工10,400人 · CEO Rex D. Geveden
- 股价
- $130.70 -5.24%
- 市值
- $120亿
- 企业价值
- $134亿
- 最近财报
- Q2 '26 2026-08-03提交
- 下次财报
- 2026-11-02 EPS预期 $1.18
营收(TTM)$35.1亿+22.7% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)9.7%-3.9 百分点 对比去年同期营业利润 $3.39亿
净利润(TTM)$3.55亿+20.7% 对比去年同期税后,含营业外收益
自由现金流(TTM)$3.17亿-12.1% 对比去年同期资本支出 $2.02亿
稀释EPS(TTM)$3.88+21.2% 对比去年同期最近4个季度之和
净现金-$14.1亿+5.6% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $120亿 EV $134亿
- 营收
- $35.1亿 过去12个月
- 营收增速
- +19% FY2026年一致预期
- 净利润率
- 10.1% 净利润 / 营收,TTM
- P/E
- 33.7× 预期 27.6×(FY2026)
- P/S
- 3.4× 股价 / 营收,TTM
- EV / EBITDA
- 24.2× TTM
- 自由现金流
- $3.17亿 过去12个月
- 净利润
- $3.55亿 过去12个月
- 营收预期
- $38.1亿 FY2026年一致预期
- 盈利
- 2026-11-02 营收预期 $9.71亿
- 股息
- $1.06 每股,过去12个月
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-08-03):营收符合预期,EPS 超预期2.9%营收$9.02亿,预期$9.02亿(-0.1%);EPS $1.07,预期$1.04(+2.9%)。
- 营收增长放缓:同比18.0%Q2 '26营收$9.02亿,此前四个季度的平均值为21.5%。
- 营业利润率9.7%(TTM),较去年同期-3.9 百分点营收增长22.7%,营业利润增长-12.5%。
- 税前利润的21.0%来自营业外收益税前利润$4.29亿,营业利润$3.39亿(TTM)。股权投资收益等一次性项目推高了净利润和EPS,营业利润更能反映业务本身。
- 资本支出占营收的5.8%(去年为5.5%)最近4个季度投入$2.02亿(同比+27.4%)。自由现金流$3.17亿,相当于净利润的89.2%。
- 股东回报$9610万 = 自由现金流的30.3%回购$0(去年为$3000万),股息$9610万,股权激励$3250万(TTM)。
- 稀释股数一年内增加0.3%Q2 '26稀释股数9200万,一年前为9170万。
- 净债务 $14.1亿现金 + 短期投资 $6.08亿,含租赁债务 $20.2亿;一年前净债务 $15亿。
上一季度:Q2 '26
截至2026-06-30的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q2 '26 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $9.02亿 | $7.64亿 | +18.0% |
| 毛利率 | 22.4% | 25.1% | -2.6 百分点 |
| 营业利润 | $8990万 | $1.02亿 | -12.2% |
| 营业利润率 | 10.0% | 13.4% | -3.4 百分点 |
| 净利润 | $8900万 | $7840万 | +13.6% |
| 稀释EPS | $0.97 | $0.85 | +14.1% |
| 经营现金流 | $1.56亿 | $1.59亿 | -1.7% |
| 资本支出 | $4140万 | $3270万 | +26.6% |
| 自由现金流 | $1.15亿 | $1.26亿 | -9.0% |
| R&D | $417万 | $457万 | -8.7% |
| 股权激励费用 | $995万 | $869万 | +14.5% |
实际 vs 一致预期
2026-08-03| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $9.02亿 | $9.02亿 | -0.1% |
| EPS(一致预期口径) | $1.07 | $1.04 | +2.9% |
来自2026-08-03发布的Q2 '26财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q1 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Government Operations Segment | $5.78亿 | +4.1% | 67.1% | $23.7亿 | +5.4% | |
| Commercial Operations Segment | $2.84亿 | +121.1% | 32.9% | $10.1亿 | +88.4% |
按地区划分的营收
占总额比例| 分部 | Q1 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| United States | $5.99亿 | +5.9% | 69.5% | $24.6亿 | +7.4% | |
| CANADA | $2.33亿 | +128.8% | 27.0% | $8.2亿 | +87.2% | |
| Other Geographic Location | $3010万 | +85.8% | 3.5% | $9710万 | +82.4% |
分部利润
取自每份10-Q / 10-K分部附注的各披露分部营业利润(多数数据源缺少的利润拆分)。
Q1 '26分部
| 分部 | 营收 | 同比 | 营业利润 | 同比 | 利润率 | 去年同期利润率 | TTM营业利润 |
|---|---|---|---|---|---|---|---|
| Government Operations Segment | – | – | $9910万 | – | – | – | – |
| Commercial Operations Segment | – | – | $2400万 | – | – | – | – |
| Corporate (unallocated) | – | – | -$1650万 | – | – | – | – |
各分部营业利润
季度各分部营业利润率
季度利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 经营现金流
- $5.19亿
- 资本支出
- -$2.02亿
- 股票回购
- $0
- 股息
- -$9610万
- 收购
- $636万
- 债务净发行
- $3.48亿
- 股权激励费用
- $3250万
- 自由现金流
- $3.17亿
- 股东回报 / FCF
- 30.3%
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | 33.7× | 30.0× | 14.8× – 48.0× |
| EV / EBITDA | 24.2× | 20.0× | 11.3× – 31.4× |
| EV / 营收 | 3.8× | 3.7× | 2.7× – 5.4× |
| 股价 / FCF | 37.8× | 60.3× | 33.1× – 114.5× |
| 股价 / 净资产 | 9.0× | 8.8× | 7.1× – 12.8× |
| FCF收益率 | 2.6% | 2.0% | 0.9% – 3.0% |
| 投入资本回报率 | 7.6% | 11.5% | 7.4% – 13.1% |
| 净资产收益率 | 27.9% | 31.8% | 26.1% – 48.0% |
分析师
一致目标价 $206.88 (+58.3%)
区间 $170.00 – $255.00 · 评级 Buy
强烈买入0
买入14
持有5
卖出1
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2026 | $38.1亿 | +19.0% | $4.74 | +32.1% | 27.6× | 12 |
| FY2027 | $41.4亿 | +8.9% | $5.24 | +10.5% | 24.9× | 12 |
| FY2028 | $45.5亿 | +9.7% | $5.97 | +13.9% | 21.9× | 8 |
| FY2029 | $49.7亿 | +9.4% | $6.75 | +13.0% | 19.4× | 5 |
| FY2030 | $55亿 | +10.6% | $7.71 | +14.3% | 16.9× | 5 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
BWX Technologies, Inc.在近期10-Q / 10-K文件中标记的全部265项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| Accounts Payable, Current | $2.13亿 | $1.92亿 | +11.2% | $1.41亿 | $1.58亿 | -10.6% |
| Accounts Receivable, after Allowance for Credit Loss, Current | $1.98亿 | $1.49亿 | +33.3% | $2.2亿 | $9910万 | +122.4% |
| Accounts Receivable, Allowance for Credit Loss | $60万2025-12-31 | $30万 | +100.0% | $60万 | $30万 | +100.0% |
| Accrued Environmental Loss Contingencies, Noncurrent | $1.04亿 | $9660万 | +7.5% | $1亿 | $9420万 | +6.4% |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $10.1亿 | $9.44亿 | +7.2% | $9.7亿 | $9亿 | +7.7% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | -$5130万 | -$2340万 | -119.5% | -$1940万 | -$4820万 | +59.8% |
| Additional Paid in Capital, Common Stock | $1.84亿 | $2.43亿 | -24.5% | $1.6亿 | $2.29亿 | -30.1% |
| Amortization of Intangible Assets | – | – | – | $2060万 | $1140万 | +81.1% |
| Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | -16.4万 | 27.9万 | -159.0% | 1.22万 | 6.46万 | -81.2% |
| Asset Retirement Obligation | $8670万2025-12-31 | $8170万 | +6.1% | $8670万 | $8170万 | +6.1% |
| Asset Retirement Obligation, Accretion Expense | – | – | – | $293万 | $700万 | -58.2% |
| Asset Retirement Obligation, Current | $20万2025-12-31 | $110万 | -81.8% | $20万 | $110万 | -81.8% |
| Asset Retirement Obligation, Foreign Currency Translation Gain (Loss) | – | – | – | -$20.6万 | $46.5万 | -144.3% |
| Asset Retirement Obligation, Liabilities Settled | – | – | – | $86.8万 | $117万 | -25.9% |
| Asset Retirement Obligation, Revision of Estimate | – | – | – | $272万 | -$320万 | +185.1% |
| Assets | $44.2亿 | $37亿 | +19.6% | $42.7亿 | $28.7亿 | +48.8% |
| Assets, Current | $17.1亿 | $9.97亿 | +71.5% | $15.6亿 | $9.3亿 | +67.8% |
| Capital Expenditures Incurred but Not yet Paid | $621万 | $511万 | +21.6% | $1230万 | $1750万 | -29.9% |
| Cash and Cash Equivalents, at Carrying Value | $6.08亿 | $3700万 | +1,544.5% | $5亿 | $7410万 | +574.4% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $6.16亿 | $4410万 | +1,296.3% | $5.07亿 | $8060万 | +529.5% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $9590万 | -$1780万 | +638.4% | $4.27亿 | -$104万 | +40,965.2% |
| Common Stock, Dividends, Per Share, Declared | $0.272026-03-31 | $0.25 | +8.0% | $0.96 | $0.96 | 0.0% |
| Common Stock, Par or Stated Value Per Share | $0.01 | $0.01 | 0.0% | $0.01 | $0.01 | 0.0% |
| Common Stock, Shares Authorized | 3.25亿 | 3.25亿 | 0.0% | 3.25亿 | 3.25亿 | 0.0% |
| Common Stock, Shares, Issued | 1.29亿 | 1.29亿 | +0.3% | 1.29亿 | 1.28亿 | +0.3% |
| Common Stock, Value, Issued | $129万 | $129万 | +0.2% | $129万 | $128万 | +0.4% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest | $8.4万 | $7.4万 | +13.5% | $91.6万 | $35.7万 | +156.6% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | $6910万 | $9830万 | -29.7% | $3.58亿 | $2.41亿 | +48.3% |
| Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest | $6920万 | $9840万 | -29.7% | $3.59亿 | $2.42亿 | +48.5% |
| Contract with Customer, Asset, Cumulative Catch-up Adjustment to Revenue, Change in Estimate of Transaction Price | – | – | – | $3530万 | -$3950万 | +189.4% |
| Contract with Customer, Liability | $3.05亿2025-12-31 | $1.61亿 | +89.3% | $3.05亿 | $1.61亿 | +89.3% |
| Contract with Customer, Liability, Cumulative Catch-up Adjustment to Revenue, Change in Estimate of Transaction Price | $881万 | $1750万 | -49.7% | $554万 | $3790万 | -85.4% |
| Contract with Customer, Liability, Cumulative Catch-up Adjustment to Revenue, Modification of Contract | $704万 | $1760万 | -60.0% | $432万 | $3680万 | -88.3% |
| Contract with Customer, Liability, Current | $3.13亿 | $1.98亿 | +57.9% | $3.05亿 | $1.61亿 | +89.3% |
| Contract with Customer, Liability, Revenue Recognized | $7930万 | $5410万 | +46.6% | $1.51亿 | $8700万 | +73.0% |
| Cost of Goods and Services Sold | $6.99亿 | $5.73亿 | +22.1% | – | – | – |
| Cost of Revenue | – | – | – | $24.7亿 | $20.5亿 | +20.4% |
| Costs and Expenses | $8.12亿 | $6.8亿 | +19.4% | $28.7亿 | $23.8亿 | +20.6% |
| Current Federal Tax Expense (Benefit) | – | – | – | $4000万 | $3660万 | +9.5% |
| Current Foreign Tax Expense (Benefit) | – | – | – | $1040万 | $802万 | +29.8% |
| Current Income Tax Expense (Benefit) | – | – | – | $5310万 | $4660万 | +14.0% |
| Current State and Local Tax Expense (Benefit) | – | – | – | $268万 | $201万 | +33.8% |
| Debt Issuance Costs, Net | $3600万2025-12-31 | $703万 | +411.9% | $3600万 | $703万 | +411.9% |
| Debt Related Commitment Fees and Debt Issuance Costs | – | – | – | $3350万 | $0 | – |
| Deferred Federal Income Tax Expense (Benefit) | – | – | – | $879万 | $1540万 | -43.1% |
| Deferred Foreign Income Tax Expense (Benefit) | – | – | – | $648万 | $176万 | +268.3% |
| Deferred Income Tax Assets, Net | $588万 | $473万 | +24.4% | $1230万 | $657万 | +86.9% |
| Deferred Income Tax Expense (Benefit) | – | – | – | $1510万 | $1980万 | -23.7% |
| Deferred Income Taxes and Tax Credits | – | – | – | $4940万 | $1980万 | +149.0% |
| Deferred State and Local Income Tax Expense (Benefit) | – | – | – | -$12.2万 | $265万 | -104.6% |
| Deferred Tax Assets, Equity Method Investments | $307万2025-12-31 | $275万 | +11.6% | $307万 | $275万 | +11.6% |
| Deferred Tax Assets, Gross | $2.01亿2025-12-31 | $1.72亿 | +17.2% | $2.01亿 | $1.72亿 | +17.2% |
| Deferred Tax Assets, Net of Valuation Allowance | $1.87亿2025-12-31 | $1.55亿 | +20.5% | $1.87亿 | $1.55亿 | +20.5% |
| Deferred Tax Assets, Operating Loss Carryforwards | $340万2025-12-31 | – | – | $340万 | – | – |
| Deferred Tax Assets, Operating Loss Carryforwards, Domestic | $340万2025-12-31 | $307万 | +10.7% | $340万 | $307万 | +10.7% |
| Deferred Tax Assets, Operating Loss Carryforwards, State and Local | $1150万2025-12-31 | $1010万 | +14.1% | $1150万 | $1010万 | +14.1% |
| Deferred Tax Assets, Other | $115万2025-12-31 | $169万 | -32.3% | $115万 | $169万 | -32.3% |
| Deferred Tax Assets, Tax Credit Carryforwards | $1980万2025-12-31 | $2340万 | -15.3% | $1980万 | $2340万 | -15.3% |
| Deferred Tax Assets, Tax Credit Carryforwards, Research | $5790万2025-12-31 | $6480万 | -10.7% | $5790万 | $6480万 | -10.7% |
| Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Compensated Absences | $272万2025-12-31 | $243万 | +11.8% | $272万 | $243万 | +11.8% |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标和预期均根据公司文件标准化。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
部分数据在上次刷新中未能更新，显示的是旧数据或无数据。
数据截至 2026-11-02