vs

Side-by-side financial comparison of AvalonBay Communities (AVB) and BWX Technologies, Inc. (BWXT). Click either name above to swap in a different company.

BWX Technologies, Inc. is the larger business by last-quarter revenue ($885.8M vs $767.9M, roughly 1.2× AvalonBay Communities). AvalonBay Communities runs the higher net margin — 9040.6% vs 10.5%, a 9030.1% gap on every dollar of revenue. On growth, BWX Technologies, Inc. posted the faster year-over-year revenue change (18.7% vs 3.7%). AvalonBay Communities produced more free cash flow last quarter ($1.4B vs $56.8M). Over the past eight quarters, BWX Technologies, Inc.'s revenue compounded faster (21.1% CAGR vs 3.8%).

AvalonBay Communities, Inc. is a publicly traded real estate investment trust that invests in apartments.

BWX Technologies, Inc. is a company headquartered in Lynchburg, Virginia that supplies nuclear components and fuel internationally.

AVB vs BWXT — Head-to-Head

Bigger by revenue
BWXT
BWXT
1.2× larger
BWXT
$885.8M
$767.9M
AVB
Growing faster (revenue YoY)
BWXT
BWXT
+15.0% gap
BWXT
18.7%
3.7%
AVB
Higher net margin
AVB
AVB
9030.1% more per $
AVB
9040.6%
10.5%
BWXT
More free cash flow
AVB
AVB
$1.4B more FCF
AVB
$1.4B
$56.8M
BWXT
Faster 2-yr revenue CAGR
BWXT
BWXT
Annualised
BWXT
21.1%
3.8%
AVB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AVB
AVB
BWXT
BWXT
Revenue
$767.9M
$885.8M
Net Profit
$166.0M
$93.0M
Gross Margin
Operating Margin
64.2%
10.4%
Net Margin
9040.6%
10.5%
Revenue YoY
3.7%
18.7%
Net Profit YoY
-41.2%
30.9%
EPS (diluted)
$1.18
$1.02

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AVB
AVB
BWXT
BWXT
Q4 25
$767.9M
$885.8M
Q3 25
$766.8M
$866.3M
Q2 25
$760.2M
$764.0M
Q1 25
$745.9M
$682.3M
Q4 24
$740.5M
$746.3M
Q3 24
$734.3M
$672.0M
Q2 24
$726.0M
$681.5M
Q1 24
$712.9M
$604.0M
Net Profit
AVB
AVB
BWXT
BWXT
Q4 25
$166.0M
$93.0M
Q3 25
$381.3M
$82.1M
Q2 25
$268.7M
$78.4M
Q1 25
$236.6M
$75.5M
Q4 24
$282.1M
$71.0M
Q3 24
$372.5M
$69.5M
Q2 24
$253.9M
$73.0M
Q1 24
$173.4M
$68.5M
Gross Margin
AVB
AVB
BWXT
BWXT
Q4 25
Q3 25
21.8%
Q2 25
25.1%
Q1 25
24.2%
Q4 24
Q3 24
24.4%
Q2 24
24.7%
Q1 24
24.6%
Operating Margin
AVB
AVB
BWXT
BWXT
Q4 25
64.2%
10.4%
Q3 25
65.7%
13.1%
Q2 25
67.6%
13.4%
Q1 25
68.5%
14.2%
Q4 24
63.1%
12.4%
Q3 24
65.4%
14.4%
Q2 24
66.6%
14.5%
Q1 24
67.2%
15.4%
Net Margin
AVB
AVB
BWXT
BWXT
Q4 25
9040.6%
10.5%
Q3 25
49.7%
9.5%
Q2 25
35.3%
10.3%
Q1 25
31.7%
11.1%
Q4 24
38.1%
9.5%
Q3 24
50.7%
10.3%
Q2 24
35.0%
10.7%
Q1 24
24.3%
11.3%
EPS (diluted)
AVB
AVB
BWXT
BWXT
Q4 25
$1.18
$1.02
Q3 25
$2.68
$0.89
Q2 25
$1.88
$0.85
Q1 25
$1.66
$0.82
Q4 24
$1.99
$0.77
Q3 24
$2.61
$0.76
Q2 24
$1.78
$0.79
Q1 24
$1.22
$0.75

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AVB
AVB
BWXT
BWXT
Cash + ST InvestmentsLiquidity on hand
$187.2M
$499.8M
Total DebtLower is stronger
$9.3B
Stockholders' EquityBook value
$11.6B
$1.2B
Total Assets
$22.2B
$4.3B
Debt / EquityLower = less leverage
0.80×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVB
AVB
BWXT
BWXT
Q4 25
$187.2M
$499.8M
Q3 25
$123.3M
$79.6M
Q2 25
$102.8M
$37.0M
Q1 25
$53.3M
$55.4M
Q4 24
$108.6M
$74.1M
Q3 24
$552.4M
$35.5M
Q2 24
$545.8M
$48.3M
Q1 24
$287.9M
$45.9M
Total Debt
AVB
AVB
BWXT
BWXT
Q4 25
$9.3B
Q3 25
$8.7B
Q2 25
$8.7B
Q1 25
$8.3B
Q4 24
$8.1B
Q3 24
$8.4B
Q2 24
$8.4B
Q1 24
$8.0B
Stockholders' Equity
AVB
AVB
BWXT
BWXT
Q4 25
$11.6B
$1.2B
Q3 25
$11.9B
$1.2B
Q2 25
$11.9B
$1.2B
Q1 25
$11.9B
$1.1B
Q4 24
$11.9B
$1.1B
Q3 24
$11.9B
$1.1B
Q2 24
$11.7B
$998.5M
Q1 24
$11.7B
$946.2M
Total Assets
AVB
AVB
BWXT
BWXT
Q4 25
$22.2B
$4.3B
Q3 25
$21.9B
$3.8B
Q2 25
$21.8B
$3.7B
Q1 25
$21.2B
$3.1B
Q4 24
$21.0B
$2.9B
Q3 24
$21.3B
$2.9B
Q2 24
$21.0B
$2.8B
Q1 24
$20.6B
$2.8B
Debt / Equity
AVB
AVB
BWXT
BWXT
Q4 25
0.80×
Q3 25
0.73×
Q2 25
0.72×
Q1 25
0.70×
Q4 24
0.68×
Q3 24
0.70×
Q2 24
0.71×
Q1 24
0.68×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AVB
AVB
BWXT
BWXT
Operating Cash FlowLast quarter
$1.7B
$127.0M
Free Cash FlowOCF − Capex
$1.4B
$56.8M
FCF MarginFCF / Revenue
183.5%
6.4%
Capex IntensityCapex / Revenue
34.1%
7.9%
Cash ConversionOCF / Net Profit
10.07×
1.37×
TTM Free Cash FlowTrailing 4 quarters
$2.5B
$295.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVB
AVB
BWXT
BWXT
Q4 25
$1.7B
$127.0M
Q3 25
$477.0M
$143.2M
Q2 25
$377.8M
$159.0M
Q1 25
$415.9M
$50.6M
Q4 24
$1.6B
$276.9M
Q3 24
$486.2M
$32.6M
Q2 24
$380.0M
$65.9M
Q1 24
$412.9M
$33.0M
Free Cash Flow
AVB
AVB
BWXT
BWXT
Q4 25
$1.4B
$56.8M
Q3 25
$402.2M
$94.9M
Q2 25
$317.1M
$126.3M
Q1 25
$367.5M
$17.3M
Q4 24
$1.4B
$224.4M
Q3 24
$434.2M
$-7.7M
Q2 24
$333.0M
$35.5M
Q1 24
$375.4M
$2.6M
FCF Margin
AVB
AVB
BWXT
BWXT
Q4 25
183.5%
6.4%
Q3 25
52.5%
11.0%
Q2 25
41.7%
16.5%
Q1 25
49.3%
2.5%
Q4 24
191.0%
30.1%
Q3 24
59.1%
-1.1%
Q2 24
45.9%
5.2%
Q1 24
52.7%
0.4%
Capex Intensity
AVB
AVB
BWXT
BWXT
Q4 25
34.1%
7.9%
Q3 25
9.8%
5.6%
Q2 25
8.0%
4.3%
Q1 25
6.5%
4.9%
Q4 24
26.1%
7.0%
Q3 24
7.1%
6.0%
Q2 24
6.5%
4.5%
Q1 24
5.3%
5.0%
Cash Conversion
AVB
AVB
BWXT
BWXT
Q4 25
10.07×
1.37×
Q3 25
1.25×
1.74×
Q2 25
1.41×
2.03×
Q1 25
1.76×
0.67×
Q4 24
5.70×
3.90×
Q3 24
1.31×
0.47×
Q2 24
1.50×
0.90×
Q1 24
2.38×
0.48×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AVB
AVB

Segment breakdown not available.

BWXT
BWXT

Nuclear Component Program$436.4M49%
Nuclear Manufacturing$134.8M15%
Cost Plus Fee$116.1M13%
Uranium And Nuclear Services$103.8M12%
Commercial Operations$49.0M6%
Commercial Operations Segment$33.7M4%
Transferred At Point In Time$1.3M0%

Related Comparisons