BWX Technologies Inc.

BWXT ·Industrials, Farm & Heavy Construction Machinery, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011
Revenue $1.80B $1.69B $1.55B $1.42B $1.45B $1.55B $3.29B $2.95B
Cost of Revenue $1.30B $1.19B $1.09B $1.03B $1.15B $1.01B $2.46B $2.38B
Gross Profit $504.0M $495.8M $464.2M $388.1M $297.6M $534.3M $830.2M $567.9M
Gross Margin 28.0% 29.4% 29.9% 27.4% 20.5% 34.5% 25.2% 19.2%
Operating Expenses
Research & Development $15.2M $7.2M $6.4M $10.5M $54.8M $58.2M $120.6M $106.4M
SG&A Expense $214.1M $210.1M $209.5M $207.8M $230.4M $197.7M $428.3M $447.6M
Operating Income $305.0M $292.2M $234.4M $205.9M $25.1M $306.9M $346.6M $95.7M
Operating Margin 16.9% 17.3% 15.1% 14.5% 1.7% 19.8% 10.5% 3.2%
Interest Expense $27.8M $14.9M $8.4M $10.2M $7.1M $2.7M $3.7M $4.5M
Pretax Income $280.1M $295.8M $257.3M $221.1M $32.1M $285.5M $319.4M $94.5M
Income Tax Expense $52.8M $147.4M $73.7M $80.4M $1.7M $100.8M $101.9M $23.9M
Net Income $227.0M $147.8M $183.1M $131.5M $29.4M $346.1M $227.7M $78.3M
Net Margin 12.6% 8.8% 11.8% 9.3% 2.0% 22.4% 6.9% 2.7%
EPS (Basic) $2.29 $1.49 $1.79 $1.23 $0.27 $3.09 $1.92 $0.67
EPS (Diluted) $2.27 $1.47 $1.76 $1.22 $0.27 $3.07 $1.91 $0.66
Shares Outstanding (Basic) 99.1M 99.3M 102.5M 106.7M 108.5M 111.9M 118.4M 117.6M
Shares Outstanding (Diluted) 100.0M 100.4M 103.8M 107.6M 108.8M 112.7M 119.0M 118.4M
Dividends Per Share $0.64 $0.42 $0.36 $0.32 $0.40 $0.34 $0.08
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