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Side-by-side financial comparison of BWX Technologies, Inc. (BWXT) and Essex Property Trust (ESS). Click either name above to swap in a different company.

BWX Technologies, Inc. is the larger business by last-quarter revenue ($885.8M vs $479.6M, roughly 1.8× Essex Property Trust). Essex Property Trust runs the higher net margin — 17.9% vs 10.5%, a 7.4% gap on every dollar of revenue. On growth, BWX Technologies, Inc. posted the faster year-over-year revenue change (18.7% vs 5.5%). Over the past eight quarters, BWX Technologies, Inc.'s revenue compounded faster (21.1% CAGR vs 6.0%).

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

Essex Property Trust is a publicly traded real estate investment trust that invests in apartments in California and in the Seattle metropolitan area.

BWXT vs ESS — Head-to-Head

Bigger by revenue
BWXT
BWXT
1.8× larger
BWXT
$885.8M
$479.6M
ESS
Growing faster (revenue YoY)
BWXT
BWXT
+13.2% gap
BWXT
18.7%
5.5%
ESS
Higher net margin
ESS
ESS
7.4% more per $
ESS
17.9%
10.5%
BWXT
Faster 2-yr revenue CAGR
BWXT
BWXT
Annualised
BWXT
21.1%
6.0%
ESS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BWXT
BWXT
ESS
ESS
Revenue
$885.8M
$479.6M
Net Profit
$93.0M
$85.7M
Gross Margin
70.0%
Operating Margin
10.4%
31.7%
Net Margin
10.5%
17.9%
Revenue YoY
18.7%
5.5%
Net Profit YoY
30.9%
-71.6%
EPS (diluted)
$1.02
$1.24

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
BWXT
BWXT
ESS
ESS
Q4 25
$885.8M
$479.6M
Q3 25
$866.3M
$473.3M
Q2 25
$764.0M
$469.8M
Q1 25
$682.3M
$464.6M
Q4 24
$746.3M
$454.5M
Q3 24
$672.0M
$450.7M
Q2 24
$681.5M
$442.4M
Q1 24
$604.0M
$426.9M
Net Profit
BWXT
BWXT
ESS
ESS
Q4 25
$93.0M
$85.7M
Q3 25
$82.1M
$172.7M
Q2 25
$78.4M
$231.5M
Q1 25
$75.5M
$212.8M
Q4 24
$71.0M
$301.7M
Q3 24
$69.5M
$125.5M
Q2 24
$73.0M
$99.0M
Q1 24
$68.5M
$285.1M
Gross Margin
BWXT
BWXT
ESS
ESS
Q4 25
70.0%
Q3 25
21.8%
69.2%
Q2 25
25.1%
70.7%
Q1 25
24.2%
69.6%
Q4 24
70.0%
Q3 24
24.4%
69.5%
Q2 24
24.7%
70.8%
Q1 24
24.6%
69.7%
Operating Margin
BWXT
BWXT
ESS
ESS
Q4 25
10.4%
31.7%
Q3 25
13.1%
44.5%
Q2 25
13.4%
59.5%
Q1 25
14.2%
55.3%
Q4 24
12.4%
67.0%
Q3 24
14.4%
28.6%
Q2 24
14.5%
31.1%
Q1 24
15.4%
31.0%
Net Margin
BWXT
BWXT
ESS
ESS
Q4 25
10.5%
17.9%
Q3 25
9.5%
36.5%
Q2 25
10.3%
49.3%
Q1 25
11.1%
45.8%
Q4 24
9.5%
66.4%
Q3 24
10.3%
27.8%
Q2 24
10.7%
22.4%
Q1 24
11.3%
66.8%
EPS (diluted)
BWXT
BWXT
ESS
ESS
Q4 25
$1.02
$1.24
Q3 25
$0.89
$2.56
Q2 25
$0.85
$3.44
Q1 25
$0.82
$3.16
Q4 24
$0.77
$4.00
Q3 24
$0.76
$1.84
Q2 24
$0.79
$1.45
Q1 24
$0.75
$4.25

Balance Sheet & Financial Strength

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

Metric
BWXT
BWXT
ESS
ESS
Cash + ST InvestmentsLiquidity on hand
$499.8M
$76.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.2B
$5.5B
Total Assets
$4.3B
$13.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BWXT
BWXT
ESS
ESS
Q4 25
$499.8M
$76.2M
Q3 25
$79.6M
$66.0M
Q2 25
$37.0M
$58.7M
Q1 25
$55.4M
$98.7M
Q4 24
$74.1M
$66.8M
Q3 24
$35.5M
$71.3M
Q2 24
$48.3M
$55.2M
Q1 24
$45.9M
$499.0M
Total Debt
BWXT
BWXT
ESS
ESS
Q4 25
Q3 25
$6.4B
Q2 25
$6.4B
Q1 25
$6.8B
Q4 24
Q3 24
$6.4B
Q2 24
$6.2B
Q1 24
$6.6B
Stockholders' Equity
BWXT
BWXT
ESS
ESS
Q4 25
$1.2B
$5.5B
Q3 25
$1.2B
$5.6B
Q2 25
$1.2B
$5.6B
Q1 25
$1.1B
$5.6B
Q4 24
$1.1B
$5.5B
Q3 24
$1.1B
$5.4B
Q2 24
$998.5M
$5.5B
Q1 24
$946.2M
$5.5B
Total Assets
BWXT
BWXT
ESS
ESS
Q4 25
$4.3B
$13.2B
Q3 25
$3.8B
$13.2B
Q2 25
$3.7B
$13.2B
Q1 25
$3.1B
$13.2B
Q4 24
$2.9B
$12.9B
Q3 24
$2.9B
$12.6B
Q2 24
$2.8B
$12.5B
Q1 24
$2.8B
$12.9B
Debt / Equity
BWXT
BWXT
ESS
ESS
Q4 25
Q3 25
1.15×
Q2 25
1.14×
Q1 25
1.22×
Q4 24
Q3 24
1.18×
Q2 24
1.13×
Q1 24
1.19×

Cash Flow & Capital Efficiency

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

Metric
BWXT
BWXT
ESS
ESS
Operating Cash FlowLast quarter
$127.0M
$1.1B
Free Cash FlowOCF − Capex
$56.8M
FCF MarginFCF / Revenue
6.4%
Capex IntensityCapex / Revenue
7.9%
Cash ConversionOCF / Net Profit
1.37×
12.53×
TTM Free Cash FlowTrailing 4 quarters
$295.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BWXT
BWXT
ESS
ESS
Q4 25
$127.0M
$1.1B
Q3 25
$143.2M
$342.6M
Q2 25
$159.0M
$216.1M
Q1 25
$50.6M
$281.5M
Q4 24
$276.9M
$1.1B
Q3 24
$32.6M
$316.2M
Q2 24
$65.9M
$218.9M
Q1 24
$33.0M
$314.9M
Free Cash Flow
BWXT
BWXT
ESS
ESS
Q4 25
$56.8M
Q3 25
$94.9M
Q2 25
$126.3M
Q1 25
$17.3M
Q4 24
$224.4M
Q3 24
$-7.7M
Q2 24
$35.5M
Q1 24
$2.6M
FCF Margin
BWXT
BWXT
ESS
ESS
Q4 25
6.4%
Q3 25
11.0%
Q2 25
16.5%
Q1 25
2.5%
Q4 24
30.1%
Q3 24
-1.1%
Q2 24
5.2%
Q1 24
0.4%
Capex Intensity
BWXT
BWXT
ESS
ESS
Q4 25
7.9%
Q3 25
5.6%
Q2 25
4.3%
Q1 25
4.9%
Q4 24
7.0%
Q3 24
6.0%
Q2 24
4.5%
Q1 24
5.0%
Cash Conversion
BWXT
BWXT
ESS
ESS
Q4 25
1.37×
12.53×
Q3 25
1.74×
1.98×
Q2 25
2.03×
0.93×
Q1 25
0.67×
1.32×
Q4 24
3.90×
3.54×
Q3 24
0.47×
2.52×
Q2 24
0.90×
2.21×
Q1 24
0.48×
1.10×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

ESS
ESS

Segment breakdown not available.

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