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Side-by-side financial comparison of BWX Technologies, Inc. (BWXT) and Public Storage (PSA). Click either name above to swap in a different company.
Public Storage is the larger business by last-quarter revenue ($1.2B vs $885.8M, roughly 1.4× BWX Technologies, Inc.). Public Storage runs the higher net margin — 41.7% vs 10.5%, a 31.2% gap on every dollar of revenue. On growth, BWX Technologies, Inc. posted the faster year-over-year revenue change (18.7% vs 3.3%). Over the past eight quarters, BWX Technologies, Inc.'s revenue compounded faster (21.1% CAGR vs 2.5%).
BWX Technologies, Inc. is a company headquartered in Lynchburg, Virginia that supplies nuclear components and fuel internationally.
Public Storage, headquartered in Glendale, California, is a real estate investment trust that invests in self storage. It is the largest brand of self-storage services in the US and owns approximately 9% of the self storage square footage in the U.S. As of December 31, 2024, the company operated 3,073 self-storage facilities containing an aggregate of 221 million net rentable square feet of space.
BWXT vs PSA — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $885.8M | $1.2B |
| Net Profit | $93.0M | $507.1M |
| Gross Margin | — | — |
| Operating Margin | 10.4% | 40.7% |
| Net Margin | 10.5% | 41.7% |
| Revenue YoY | 18.7% | 3.3% |
| Net Profit YoY | 30.9% | -17.5% |
| EPS (diluted) | $1.02 | $2.59 |
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 | $1.2B | ||
| Q3 25 | $866.3M | $1.2B | ||
| Q2 25 | $764.0M | $1.2B | ||
| Q1 25 | $682.3M | $1.2B | ||
| Q4 24 | $746.3M | $1.2B | ||
| Q3 24 | $672.0M | $1.2B | ||
| Q2 24 | $681.5M | $1.2B | ||
| Q1 24 | $604.0M | $1.2B |
| Q4 25 | $93.0M | $507.1M | ||
| Q3 25 | $82.1M | $511.1M | ||
| Q2 25 | $78.4M | $358.4M | ||
| Q1 25 | $75.5M | $407.8M | ||
| Q4 24 | $71.0M | $614.6M | ||
| Q3 24 | $69.5M | $430.3M | ||
| Q2 24 | $73.0M | $518.1M | ||
| Q1 24 | $68.5M | $508.9M |
| 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% | 40.7% | ||
| Q3 25 | 13.1% | 42.3% | ||
| Q2 25 | 13.4% | 30.4% | ||
| Q1 25 | 14.2% | 34.8% | ||
| Q4 24 | 12.4% | 52.4% | ||
| Q3 24 | 14.4% | 36.7% | ||
| Q2 24 | 14.5% | 44.6% | ||
| Q1 24 | 15.4% | 44.3% |
| Q4 25 | 10.5% | 41.7% | ||
| Q3 25 | 9.5% | 41.8% | ||
| Q2 25 | 10.3% | 29.8% | ||
| Q1 25 | 11.1% | 34.5% | ||
| Q4 24 | 9.5% | 52.2% | ||
| Q3 24 | 10.3% | 36.2% | ||
| Q2 24 | 10.7% | 44.2% | ||
| Q1 24 | 11.3% | 44.0% |
| Q4 25 | $1.02 | $2.59 | ||
| Q3 25 | $0.89 | $2.62 | ||
| Q2 25 | $0.85 | $1.76 | ||
| Q1 25 | $0.82 | $2.04 | ||
| Q4 24 | $0.77 | $3.22 | ||
| Q3 24 | $0.76 | $2.16 | ||
| Q2 24 | $0.79 | $2.66 | ||
| Q1 24 | $0.75 | $2.60 |
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 | $318.1M |
| Total DebtLower is stronger | — | $10.3B |
| Stockholders' EquityBook value | $1.2B | $9.2B |
| Total Assets | $4.3B | $20.2B |
| Debt / EquityLower = less leverage | — | 1.11× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $499.8M | $318.1M | ||
| Q3 25 | $79.6M | $296.5M | ||
| Q2 25 | $37.0M | $1.1B | ||
| Q1 25 | $55.4M | $287.2M | ||
| Q4 24 | $74.1M | $447.4M | ||
| Q3 24 | $35.5M | $599.0M | ||
| Q2 24 | $48.3M | $542.3M | ||
| Q1 24 | $45.9M | $271.6M |
| Q4 25 | — | $10.3B | ||
| Q3 25 | — | $10.0B | ||
| Q2 25 | — | $10.4B | ||
| Q1 25 | — | $9.4B | ||
| Q4 24 | — | $9.4B | ||
| Q3 24 | — | $9.5B | ||
| Q2 24 | — | $9.4B | ||
| Q1 24 | — | $9.1B |
| Q4 25 | $1.2B | $9.2B | ||
| Q3 25 | $1.2B | $9.3B | ||
| Q2 25 | $1.2B | $9.4B | ||
| Q1 25 | $1.1B | $9.6B | ||
| Q4 24 | $1.1B | $9.7B | ||
| Q3 24 | $1.1B | $9.6B | ||
| Q2 24 | $998.5M | $9.7B | ||
| Q1 24 | $946.2M | $9.9B |
| Q4 25 | $4.3B | $20.2B | ||
| Q3 25 | $3.8B | $20.1B | ||
| Q2 25 | $3.7B | $20.5B | ||
| Q1 25 | $3.1B | $19.6B | ||
| Q4 24 | $2.9B | $19.8B | ||
| Q3 24 | $2.9B | $19.8B | ||
| Q2 24 | $2.8B | $19.8B | ||
| Q1 24 | $2.8B | $19.6B |
| Q4 25 | — | 1.11× | ||
| Q3 25 | — | 1.08× | ||
| Q2 25 | — | 1.11× | ||
| Q1 25 | — | 0.99× | ||
| Q4 24 | — | 0.96× | ||
| Q3 24 | — | 0.99× | ||
| Q2 24 | — | 0.97× | ||
| Q1 24 | — | 0.91× |
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 | $733.6M |
| Free Cash FlowOCF − Capex | $56.8M | — |
| FCF MarginFCF / Revenue | 6.4% | — |
| Capex IntensityCapex / Revenue | 7.9% | — |
| Cash ConversionOCF / Net Profit | 1.37× | 1.45× |
| TTM Free Cash FlowTrailing 4 quarters | $295.3M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $127.0M | $733.6M | ||
| Q3 25 | $143.2M | $875.1M | ||
| Q2 25 | $159.0M | $872.7M | ||
| Q1 25 | $50.6M | $705.1M | ||
| Q4 24 | $276.9M | $768.6M | ||
| Q3 24 | $32.6M | $798.8M | ||
| Q2 24 | $65.9M | $895.3M | ||
| Q1 24 | $33.0M | $665.6M |
| 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 | — |
| 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% | — |
| 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% | — |
| Q4 25 | 1.37× | 1.45× | ||
| Q3 25 | 1.74× | 1.71× | ||
| Q2 25 | 2.03× | 2.43× | ||
| Q1 25 | 0.67× | 1.73× | ||
| Q4 24 | 3.90× | 1.25× | ||
| Q3 24 | 0.47× | 1.86× | ||
| Q2 24 | 0.90× | 1.73× | ||
| Q1 24 | 0.48× | 1.31× |
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% |
PSA
| Self Storage Operations | $1.1B | 93% |
| Ancillary Operations | $86.9M | 7% |
