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Side-by-side financial comparison of BWX Technologies, Inc. (BWXT) and NEW JERSEY RESOURCES CORP (NJR). Click either name above to swap in a different company.
NEW JERSEY RESOURCES CORP is the larger business by last-quarter revenue ($939.4M vs $860.2M, roughly 1.1× BWX Technologies, Inc.). NEW JERSEY RESOURCES CORP runs the higher net margin — 23.3% vs 10.6%, a 12.7% gap on every dollar of revenue. On growth, BWX Technologies, Inc. posted the faster year-over-year revenue change (26.1% vs -33.0%). Over the past eight quarters, NEW JERSEY RESOURCES CORP's revenue compounded faster (111.6% CAGR vs 12.4%).
BWX Technologies, Inc. is a company headquartered in Lynchburg, Virginia that supplies nuclear components and fuel internationally.
New Jersey Resources is an energy services holding company based in Wall Township, New Jersey. It is a Fortune 1000 company, and a member of the Forbes Platinum 400. New Jersey Natural Gas is its principal subsidiary.
BWXT vs NJR — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $860.2M | $939.4M |
| Net Profit | $91.2M | $218.9M |
| Gross Margin | — | — |
| Operating Margin | 12.4% | 32.0% |
| Net Margin | 10.6% | 23.3% |
| Revenue YoY | 26.1% | -33.0% |
| Net Profit YoY | 20.7% | 7.2% |
| EPS (diluted) | $0.99 | $2.16 |
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.
| Q1 26 | $860.2M | $939.4M | ||
| Q4 25 | $885.8M | $440.9M | ||
| Q3 25 | $866.3M | $188.3M | ||
| Q2 25 | $764.0M | $234.8M | ||
| Q1 25 | $682.3M | $569.2M | ||
| Q4 24 | $746.3M | $359.0M | ||
| Q3 24 | $672.0M | $265.7M | ||
| Q2 24 | $681.5M | $209.9M |
| Q1 26 | $91.2M | $218.9M | ||
| Q4 25 | $93.0M | $122.5M | ||
| Q3 25 | $82.1M | $15.1M | ||
| Q2 25 | $78.4M | $-15.1M | ||
| Q1 25 | $75.5M | $204.3M | ||
| Q4 24 | $71.0M | $131.3M | ||
| Q3 24 | $69.5M | $91.1M | ||
| Q2 24 | $73.0M | $-11.6M |
| Q1 26 | — | — | ||
| 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 26 | 12.4% | 32.0% | ||
| Q4 25 | 10.4% | 40.6% | ||
| Q3 25 | 13.1% | 21.5% | ||
| Q2 25 | 13.4% | -0.5% | ||
| Q1 25 | 14.2% | 49.2% | ||
| Q4 24 | 12.4% | 52.8% | ||
| Q3 24 | 14.4% | 55.0% | ||
| Q2 24 | 14.5% | 2.8% |
| Q1 26 | 10.6% | 23.3% | ||
| Q4 25 | 10.5% | 27.8% | ||
| Q3 25 | 9.5% | 8.0% | ||
| Q2 25 | 10.3% | -6.4% | ||
| Q1 25 | 11.1% | 35.9% | ||
| Q4 24 | 9.5% | 36.6% | ||
| Q3 24 | 10.3% | 34.3% | ||
| Q2 24 | 10.7% | -5.5% |
| Q1 26 | $0.99 | $2.16 | ||
| Q4 25 | $1.02 | $1.21 | ||
| Q3 25 | $0.89 | $0.15 | ||
| Q2 25 | $0.85 | $-0.15 | ||
| Q1 25 | $0.82 | $2.02 | ||
| Q4 24 | $0.77 | $1.31 | ||
| Q3 24 | $0.76 | $0.91 | ||
| Q2 24 | $0.79 | $-0.12 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $512.4M | — |
| Total DebtLower is stronger | $2.0B | — |
| Stockholders' EquityBook value | $1.3B | — |
| Total Assets | $4.3B | — |
| Debt / EquityLower = less leverage | 1.58× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $512.4M | — | ||
| Q4 25 | $499.8M | $2.4M | ||
| Q3 25 | $79.6M | $591.0K | ||
| Q2 25 | $37.0M | $931.0K | ||
| Q1 25 | $55.4M | $83.7M | ||
| Q4 24 | $74.1M | $1.9M | ||
| Q3 24 | $35.5M | $1.0M | ||
| Q2 24 | $48.3M | $22.4M |
| Q1 26 | $2.0B | — | ||
| Q4 25 | — | $3.3B | ||
| Q3 25 | — | $3.3B | ||
| Q2 25 | — | $3.0B | ||
| Q1 25 | — | $3.0B | ||
| Q4 24 | — | $3.0B | ||
| Q3 24 | — | $2.9B | ||
| Q2 24 | — | $2.8B |
| Q1 26 | $1.3B | — | ||
| Q4 25 | $1.2B | $2.5B | ||
| Q3 25 | $1.2B | $2.4B | ||
| Q2 25 | $1.2B | $2.4B | ||
| Q1 25 | $1.1B | $2.5B | ||
| Q4 24 | $1.1B | $2.3B | ||
| Q3 24 | $1.1B | $2.2B | ||
| Q2 24 | $998.5M | $2.1B |
| Q1 26 | $4.3B | — | ||
| Q4 25 | $4.3B | $7.9B | ||
| Q3 25 | $3.8B | $7.6B | ||
| Q2 25 | $3.7B | $7.3B | ||
| Q1 25 | $3.1B | $7.3B | ||
| Q4 24 | $2.9B | $7.2B | ||
| Q3 24 | $2.9B | $7.0B | ||
| Q2 24 | $2.8B | $6.8B |
| Q1 26 | 1.58× | — | ||
| Q4 25 | — | 1.32× | ||
| Q3 25 | — | 1.36× | ||
| Q2 25 | — | 1.25× | ||
| Q1 25 | — | 1.20× | ||
| Q4 24 | — | 1.29× | ||
| Q3 24 | — | 1.31× | ||
| Q2 24 | — | 1.30× |
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 | $92.6M | — |
| Free Cash FlowOCF − Capex | $50.1M | — |
| FCF MarginFCF / Revenue | 5.8% | — |
| Capex IntensityCapex / Revenue | 4.9% | — |
| Cash ConversionOCF / Net Profit | 1.02× | — |
| TTM Free Cash FlowTrailing 4 quarters | $328.1M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $92.6M | — | ||
| Q4 25 | $127.0M | $26.7M | ||
| Q3 25 | $143.2M | $81.2M | ||
| Q2 25 | $159.0M | $-28.9M | ||
| Q1 25 | $50.6M | $423.0M | ||
| Q4 24 | $276.9M | $-9.0M | ||
| Q3 24 | $32.6M | $64.5M | ||
| Q2 24 | $65.9M | $24.3M |
| Q1 26 | $50.1M | — | ||
| 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 26 | 5.8% | — | ||
| 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 26 | 4.9% | — | ||
| 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 26 | 1.02× | — | ||
| Q4 25 | 1.37× | 0.22× | ||
| Q3 25 | 1.74× | 5.39× | ||
| Q2 25 | 2.03× | — | ||
| Q1 25 | 0.67× | 2.07× | ||
| Q4 24 | 3.90× | -0.07× | ||
| Q3 24 | 0.47× | 0.71× | ||
| Q2 24 | 0.90× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BWXT
Segment breakdown not available.
NJR
| Utility | $640.9M | 68% |
| Nonutility | $298.5M | 32% |
