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Side-by-side financial comparison of BWX Technologies, Inc. (BWXT) and MSCI Inc. (MSCI). Click either name above to swap in a different company.
BWX Technologies, Inc. is the larger business by last-quarter revenue ($885.8M vs $822.5M, roughly 1.1× MSCI Inc.). MSCI Inc. runs the higher net margin — 34.6% vs 10.5%, a 24.1% gap on every dollar of revenue. On growth, BWX Technologies, Inc. posted the faster year-over-year revenue change (18.7% vs 10.6%). MSCI Inc. produced more free cash flow last quarter ($488.7M vs $56.8M). Over the past eight quarters, BWX Technologies, Inc.'s revenue compounded faster (21.1% CAGR vs 10.0%).
BWX Technologies, Inc. is a company headquartered in Lynchburg, Virginia that supplies nuclear components and fuel internationally.
MSCI Inc. is an American finance company headquartered in New York City. MSCI is a global provider of equity, fixed income, real estate indices, multi-asset portfolio analysis tools, ESG and climate finance products. It operates the MSCI World, MSCI Emerging Markets, and MSCI All Country World (ACWI) indices, among others.
BWXT vs MSCI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $885.8M | $822.5M |
| Net Profit | $93.0M | $284.7M |
| Gross Margin | — | — |
| Operating Margin | 10.4% | 56.4% |
| Net Margin | 10.5% | 34.6% |
| Revenue YoY | 18.7% | 10.6% |
| Net Profit YoY | 30.9% | -6.8% |
| EPS (diluted) | $1.02 | $3.81 |
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.
| Q4 25 | $885.8M | $822.5M | ||
| Q3 25 | $866.3M | $793.4M | ||
| Q2 25 | $764.0M | $772.7M | ||
| Q1 25 | $682.3M | $745.8M | ||
| Q4 24 | $746.3M | $743.5M | ||
| Q3 24 | $672.0M | $724.7M | ||
| Q2 24 | $681.5M | $707.9M | ||
| Q1 24 | $604.0M | $680.0M |
| Q4 25 | $93.0M | $284.7M | ||
| Q3 25 | $82.1M | $325.4M | ||
| Q2 25 | $78.4M | $303.6M | ||
| Q1 25 | $75.5M | $288.6M | ||
| Q4 24 | $71.0M | $305.5M | ||
| Q3 24 | $69.5M | $280.9M | ||
| Q2 24 | $73.0M | $266.8M | ||
| Q1 24 | $68.5M | $256.0M |
| 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% | — |
| Q4 25 | 10.4% | 56.4% | ||
| Q3 25 | 13.1% | 56.4% | ||
| Q2 25 | 13.4% | 55.0% | ||
| Q1 25 | 14.2% | 50.6% | ||
| Q4 24 | 12.4% | 54.5% | ||
| Q3 24 | 14.4% | 55.4% | ||
| Q2 24 | 14.5% | 54.0% | ||
| Q1 24 | 15.4% | 49.9% |
| Q4 25 | 10.5% | 34.6% | ||
| Q3 25 | 9.5% | 41.0% | ||
| Q2 25 | 10.3% | 39.3% | ||
| Q1 25 | 11.1% | 38.7% | ||
| Q4 24 | 9.5% | 41.1% | ||
| Q3 24 | 10.3% | 38.8% | ||
| Q2 24 | 10.7% | 37.7% | ||
| Q1 24 | 11.3% | 37.6% |
| Q4 25 | $1.02 | $3.81 | ||
| Q3 25 | $0.89 | $4.25 | ||
| Q2 25 | $0.85 | $3.92 | ||
| Q1 25 | $0.82 | $3.71 | ||
| Q4 24 | $0.77 | $3.89 | ||
| Q3 24 | $0.76 | $3.57 | ||
| Q2 24 | $0.79 | $3.37 | ||
| Q1 24 | $0.75 | $3.22 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $499.8M | $515.3M |
| Total DebtLower is stronger | — | $6.2B |
| Stockholders' EquityBook value | $1.2B | $-2.7B |
| Total Assets | $4.3B | $5.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $499.8M | $515.3M | ||
| Q3 25 | $79.6M | $400.1M | ||
| Q2 25 | $37.0M | $347.3M | ||
| Q1 25 | $55.4M | $360.7M | ||
| Q4 24 | $74.1M | $409.4M | ||
| Q3 24 | $35.5M | $501.0M | ||
| Q2 24 | $48.3M | $451.4M | ||
| Q1 24 | $45.9M | $519.3M |
| Q4 25 | — | $6.2B | ||
| Q3 25 | — | $5.5B | ||
| Q2 25 | — | $4.5B | ||
| Q1 25 | — | $4.5B | ||
| Q4 24 | — | $4.5B | ||
| Q3 24 | — | $4.5B | ||
| Q2 24 | — | $4.5B | ||
| Q1 24 | — | $4.5B |
| Q4 25 | $1.2B | $-2.7B | ||
| Q3 25 | $1.2B | $-1.9B | ||
| Q2 25 | $1.2B | $-886.2M | ||
| Q1 25 | $1.1B | $-958.6M | ||
| Q4 24 | $1.1B | $-940.0M | ||
| Q3 24 | $1.1B | $-751.0M | ||
| Q2 24 | $998.5M | $-734.5M | ||
| Q1 24 | $946.2M | $-650.5M |
| Q4 25 | $4.3B | $5.7B | ||
| Q3 25 | $3.8B | $5.4B | ||
| Q2 25 | $3.7B | $5.4B | ||
| Q1 25 | $3.1B | $5.3B | ||
| Q4 24 | $2.9B | $5.4B | ||
| Q3 24 | $2.9B | $5.4B | ||
| Q2 24 | $2.8B | $5.5B | ||
| Q1 24 | $2.8B | $5.5B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $127.0M | $501.1M |
| Free Cash FlowOCF − Capex | $56.8M | $488.7M |
| FCF MarginFCF / Revenue | 6.4% | 59.4% |
| Capex IntensityCapex / Revenue | 7.9% | 1.5% |
| Cash ConversionOCF / Net Profit | 1.37× | 1.76× |
| TTM Free Cash FlowTrailing 4 quarters | $295.3M | $1.5B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $127.0M | $501.1M | ||
| Q3 25 | $143.2M | $449.4M | ||
| Q2 25 | $159.0M | $336.1M | ||
| Q1 25 | $50.6M | $301.7M | ||
| Q4 24 | $276.9M | $430.6M | ||
| Q3 24 | $32.6M | $421.6M | ||
| Q2 24 | $65.9M | $349.2M | ||
| Q1 24 | $33.0M | $300.1M |
| Q4 25 | $56.8M | $488.7M | ||
| Q3 25 | $94.9M | $445.5M | ||
| Q2 25 | $126.3M | $324.7M | ||
| Q1 25 | $17.3M | $290.2M | ||
| Q4 24 | $224.4M | $416.4M | ||
| Q3 24 | $-7.7M | $415.0M | ||
| Q2 24 | $35.5M | $340.6M | ||
| Q1 24 | $2.6M | $295.9M |
| Q4 25 | 6.4% | 59.4% | ||
| Q3 25 | 11.0% | 56.2% | ||
| Q2 25 | 16.5% | 42.0% | ||
| Q1 25 | 2.5% | 38.9% | ||
| Q4 24 | 30.1% | 56.0% | ||
| Q3 24 | -1.1% | 57.3% | ||
| Q2 24 | 5.2% | 48.1% | ||
| Q1 24 | 0.4% | 43.5% |
| Q4 25 | 7.9% | 1.5% | ||
| Q3 25 | 5.6% | 0.5% | ||
| Q2 25 | 4.3% | 1.5% | ||
| Q1 25 | 4.9% | 1.5% | ||
| Q4 24 | 7.0% | 1.9% | ||
| Q3 24 | 6.0% | 0.9% | ||
| Q2 24 | 4.5% | 1.2% | ||
| Q1 24 | 5.0% | 0.6% |
| Q4 25 | 1.37× | 1.76× | ||
| Q3 25 | 1.74× | 1.38× | ||
| Q2 25 | 2.03× | 1.11× | ||
| Q1 25 | 0.67× | 1.05× | ||
| Q4 24 | 3.90× | 1.41× | ||
| Q3 24 | 0.47× | 1.50× | ||
| Q2 24 | 0.90× | 1.31× | ||
| Q1 24 | 0.48× | 1.17× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BWXT
| Nuclear Component Program | $436.4M | 49% |
| Nuclear Manufacturing | $134.8M | 15% |
| Cost Plus Fee | $116.1M | 13% |
| Uranium And Nuclear Services | $103.8M | 12% |
| Commercial Operations | $49.0M | 6% |
| Commercial Operations Segment | $33.7M | 4% |
| Transferred At Point In Time | $1.3M | 0% |
MSCI
| Recurring Subscriptions | $246.4M | 30% |
| Asset Based Fees | $211.7M | 26% |
| Analytics Segment | $182.3M | 22% |
| Sustainability And Climate Segment | $90.3M | 11% |
| Other | $70.9M | 9% |
| Non Recurring | $21.1M | 3% |