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Side-by-side financial comparison of BWX Technologies, Inc. (BWXT) and Envista Holdings Corp (NVST). Click either name above to swap in a different company.

BWX Technologies, Inc. is the larger business by last-quarter revenue ($860.2M vs $705.5M, roughly 1.2× Envista Holdings Corp). BWX Technologies, Inc. runs the higher net margin — 10.6% vs 5.5%, a 5.1% gap on every dollar of revenue. On growth, BWX Technologies, Inc. posted the faster year-over-year revenue change (26.1% vs 14.4%). BWX Technologies, Inc. produced more free cash flow last quarter ($50.1M vs $-15.7M). Over the past eight quarters, BWX Technologies, Inc.'s revenue compounded faster (12.4% CAGR vs 5.6%).

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

Envista Forensics is a United States based company that provides forensic engineering and recovery solutions for the insurance, legal, and risk management industries in the United States and internationally. Originally LWG Consulting, Inc., The company rebranded itself as Envista Forensics in 2017.

BWXT vs NVST — Head-to-Head

Bigger by revenue
BWXT
BWXT
1.2× larger
BWXT
$860.2M
$705.5M
NVST
Growing faster (revenue YoY)
BWXT
BWXT
+11.7% gap
BWXT
26.1%
14.4%
NVST
Higher net margin
BWXT
BWXT
5.1% more per $
BWXT
10.6%
5.5%
NVST
More free cash flow
BWXT
BWXT
$65.8M more FCF
BWXT
$50.1M
$-15.7M
NVST
Faster 2-yr revenue CAGR
BWXT
BWXT
Annualised
BWXT
12.4%
5.6%
NVST

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BWXT
BWXT
NVST
NVST
Revenue
$860.2M
$705.5M
Net Profit
$91.2M
$39.0M
Gross Margin
55.3%
Operating Margin
12.4%
8.9%
Net Margin
10.6%
5.5%
Revenue YoY
26.1%
14.4%
Net Profit YoY
20.7%
116.7%
EPS (diluted)
$0.99
$0.23

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
NVST
NVST
Q1 26
$860.2M
$705.5M
Q4 25
$885.8M
$750.6M
Q3 25
$866.3M
$669.9M
Q2 25
$764.0M
$682.1M
Q1 25
$682.3M
$616.9M
Q4 24
$746.3M
$652.9M
Q3 24
$672.0M
$601.0M
Q2 24
$681.5M
$633.1M
Net Profit
BWXT
BWXT
NVST
NVST
Q1 26
$91.2M
$39.0M
Q4 25
$93.0M
$32.9M
Q3 25
$82.1M
$-30.3M
Q2 25
$78.4M
$26.4M
Q1 25
$75.5M
$18.0M
Q4 24
$71.0M
$1.2M
Q3 24
$69.5M
$8.2M
Q2 24
$73.0M
$-1.2B
Gross Margin
BWXT
BWXT
NVST
NVST
Q1 26
55.3%
Q4 25
54.7%
Q3 25
21.8%
55.3%
Q2 25
25.1%
54.2%
Q1 25
24.2%
54.5%
Q4 24
57.1%
Q3 24
24.4%
52.8%
Q2 24
24.7%
51.6%
Operating Margin
BWXT
BWXT
NVST
NVST
Q1 26
12.4%
8.9%
Q4 25
10.4%
9.8%
Q3 25
13.1%
8.6%
Q2 25
13.4%
6.8%
Q1 25
14.2%
6.3%
Q4 24
12.4%
7.1%
Q3 24
14.4%
3.5%
Q2 24
14.5%
-182.2%
Net Margin
BWXT
BWXT
NVST
NVST
Q1 26
10.6%
5.5%
Q4 25
10.5%
4.4%
Q3 25
9.5%
-4.5%
Q2 25
10.3%
3.9%
Q1 25
11.1%
2.9%
Q4 24
9.5%
0.2%
Q3 24
10.3%
1.4%
Q2 24
10.7%
-181.9%
EPS (diluted)
BWXT
BWXT
NVST
NVST
Q1 26
$0.99
$0.23
Q4 25
$1.02
$0.20
Q3 25
$0.89
$-0.18
Q2 25
$0.85
$0.16
Q1 25
$0.82
$0.10
Q4 24
$0.77
$0.00
Q3 24
$0.76
$0.05
Q2 24
$0.79
$-6.69

Balance Sheet & Financial Strength

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

Metric
BWXT
BWXT
NVST
NVST
Cash + ST InvestmentsLiquidity on hand
$512.4M
$1.1B
Total DebtLower is stronger
$2.0B
$1.4B
Stockholders' EquityBook value
$1.3B
$3.1B
Total Assets
$4.3B
$5.6B
Debt / EquityLower = less leverage
1.58×
0.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BWXT
BWXT
NVST
NVST
Q1 26
$512.4M
$1.1B
Q4 25
$499.8M
$1.2B
Q3 25
$79.6M
$1.1B
Q2 25
$37.0M
$1.1B
Q1 25
$55.4M
$1.1B
Q4 24
$74.1M
$1.1B
Q3 24
$35.5M
$991.3M
Q2 24
$48.3M
$1.0B
Total Debt
BWXT
BWXT
NVST
NVST
Q1 26
$2.0B
$1.4B
Q4 25
$1.4B
Q3 25
$1.4B
Q2 25
$1.4B
Q1 25
$1.4B
Q4 24
$1.4B
Q3 24
$1.4B
Q2 24
$1.5B
Stockholders' Equity
BWXT
BWXT
NVST
NVST
Q1 26
$1.3B
$3.1B
Q4 25
$1.2B
$3.1B
Q3 25
$1.2B
$3.1B
Q2 25
$1.2B
$3.1B
Q1 25
$1.1B
$3.0B
Q4 24
$1.1B
$2.9B
Q3 24
$1.1B
$3.1B
Q2 24
$998.5M
$3.0B
Total Assets
BWXT
BWXT
NVST
NVST
Q1 26
$4.3B
$5.6B
Q4 25
$4.3B
$5.7B
Q3 25
$3.8B
$5.6B
Q2 25
$3.7B
$5.7B
Q1 25
$3.1B
$5.5B
Q4 24
$2.9B
$5.4B
Q3 24
$2.9B
$5.5B
Q2 24
$2.8B
$5.4B
Debt / Equity
BWXT
BWXT
NVST
NVST
Q1 26
1.58×
0.47×
Q4 25
0.47×
Q3 25
0.47×
Q2 25
0.46×
Q1 25
0.47×
Q4 24
0.48×
Q3 24
0.46×
Q2 24
0.51×

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
NVST
NVST
Operating Cash FlowLast quarter
$92.6M
Free Cash FlowOCF − Capex
$50.1M
$-15.7M
FCF MarginFCF / Revenue
5.8%
-2.2%
Capex IntensityCapex / Revenue
4.9%
1.8%
Cash ConversionOCF / Net Profit
1.02×
TTM Free Cash FlowTrailing 4 quarters
$328.1M
$220.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BWXT
BWXT
NVST
NVST
Q1 26
$92.6M
Q4 25
$127.0M
$108.0M
Q3 25
$143.2M
$78.7M
Q2 25
$159.0M
$88.7M
Q1 25
$50.6M
$300.0K
Q4 24
$276.9M
$132.4M
Q3 24
$32.6M
$70.7M
Q2 24
$65.9M
$93.1M
Free Cash Flow
BWXT
BWXT
NVST
NVST
Q1 26
$50.1M
$-15.7M
Q4 25
$56.8M
$91.7M
Q3 25
$94.9M
$67.9M
Q2 25
$126.3M
$76.4M
Q1 25
$17.3M
$-5.6M
Q4 24
$224.4M
$123.8M
Q3 24
$-7.7M
$63.3M
Q2 24
$35.5M
$86.3M
FCF Margin
BWXT
BWXT
NVST
NVST
Q1 26
5.8%
-2.2%
Q4 25
6.4%
12.2%
Q3 25
11.0%
10.1%
Q2 25
16.5%
11.2%
Q1 25
2.5%
-0.9%
Q4 24
30.1%
19.0%
Q3 24
-1.1%
10.5%
Q2 24
5.2%
13.6%
Capex Intensity
BWXT
BWXT
NVST
NVST
Q1 26
4.9%
1.8%
Q4 25
7.9%
2.2%
Q3 25
5.6%
1.6%
Q2 25
4.3%
1.8%
Q1 25
4.9%
1.0%
Q4 24
7.0%
1.3%
Q3 24
6.0%
1.2%
Q2 24
4.5%
1.1%
Cash Conversion
BWXT
BWXT
NVST
NVST
Q1 26
1.02×
Q4 25
1.37×
3.28×
Q3 25
1.74×
Q2 25
2.03×
3.36×
Q1 25
0.67×
0.02×
Q4 24
3.90×
110.33×
Q3 24
0.47×
8.62×
Q2 24
0.90×

Financial Flow Comparison

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

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