BWX Technologies Inc
For the period ended Dec 31, 2024. Filed Feb 24, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 24, 2025
BWXT$126.64-1.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Income
| Year Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| (In thousands, except share and per share amounts) | |||
| Revenues | $2,703,654 | $2,496,309 | $2,232,834 |
| Costs and Expenses: | |||
| Cost of operations | 2,048,447 | 1,875,716 | 1,680,899 |
| Research and development costs | 7,478 | 7,613 | 9,535 |
| Losses on asset disposals and impairments, net | 4,390 | 1,034 | 5,520 |
| Selling, general and administrative expenses | 318,663 | 279,694 | 234,282 |
| Total Costs and Expenses | 2,378,978 | 2,164,057 | 1,930,236 |
| Equity in Income of Investees | 55,931 | 50,807 | 45,973 |
| Operating Income | 380,607 | 383,059 | 348,571 |
| Other Income (Expense): | |||
| Interest income | 2,554 | 2,359 | 758 |
| Interest expense | (39,475) | (47,036) | (36,410) |
| Other – net | 5,034 | (16,982) | 1,458 |
| Total Other Income (Expense) | (31,887) | (61,659) | (34,194) |
| Income before Provision for Income Taxes | 348,720 | 321,400 | 314,377 |
| Provision for Income Taxes | 66,422 | 75,079 | 75,757 |
| Net Income | $282,298 | $246,321 | $238,620 |
| Net Income Attributable to Noncontrolling Interest | (357) | (472) | (429) |
| Net Income Attributable to BWX Technologies, Inc. | $281,941 | $245,849 | $238,191 |
| Earnings per Common Share: | |||
| Basic: | |||
| Net Income Attributable to BWX Technologies, Inc. | $3.08 | $2.68 | $2.60 |
| Diluted: | |||
| Net Income Attributable to BWX Technologies, Inc. | $3.07 | $2.68 | $2.60 |
| Shares used in the computation of earnings per share (Note 17): | |||
| Basic | 91,572,674 | 91,619,156 | 91,447,088 |
| Diluted | 91,859,732 | 91,874,537 | 91,702,111 |
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