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Side-by-side financial comparison of BWX Technologies, Inc. (BWXT) and Royalty Pharma plc (RPRX). Click either name above to swap in a different company.

BWX Technologies, Inc. is the larger business by last-quarter revenue ($885.8M vs $622.0M, roughly 1.4× Royalty Pharma plc). Royalty Pharma plc runs the higher net margin — 34.4% vs 10.5%, a 23.9% gap on every dollar of revenue. On growth, BWX Technologies, Inc. posted the faster year-over-year revenue change (18.7% vs 4.8%). Over the past eight quarters, BWX Technologies, Inc.'s revenue compounded faster (21.1% CAGR vs 4.6%).

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

Acceleron Pharma, Inc. is an American clinical stage biopharmaceutical company based in Cambridge, Massachusetts with a broad focus on developing medicines that regulate the transforming growth factor beta (TGF-β) superfamily of proteins, which play fundamental roles in the growth and repair of cells and tissues such as red blood cells, muscle, bone, and blood vessels.

BWXT vs RPRX — Head-to-Head

Bigger by revenue
BWXT
BWXT
1.4× larger
BWXT
$885.8M
$622.0M
RPRX
Growing faster (revenue YoY)
BWXT
BWXT
+13.9% gap
BWXT
18.7%
4.8%
RPRX
Higher net margin
RPRX
RPRX
23.9% more per $
RPRX
34.4%
10.5%
BWXT
Faster 2-yr revenue CAGR
BWXT
BWXT
Annualised
BWXT
21.1%
4.6%
RPRX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BWXT
BWXT
RPRX
RPRX
Revenue
$885.8M
$622.0M
Net Profit
$93.0M
$214.2M
Gross Margin
Operating Margin
10.4%
62.4%
Net Margin
10.5%
34.4%
Revenue YoY
18.7%
4.8%
Net Profit YoY
30.9%
2.9%
EPS (diluted)
$1.02
$0.49

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
RPRX
RPRX
Q4 25
$885.8M
$622.0M
Q3 25
$866.3M
$609.3M
Q2 25
$764.0M
$578.7M
Q1 25
$682.3M
$568.2M
Q4 24
$746.3M
$593.6M
Q3 24
$672.0M
$564.7M
Q2 24
$681.5M
$537.3M
Q1 24
$604.0M
$568.0M
Net Profit
BWXT
BWXT
RPRX
RPRX
Q4 25
$93.0M
$214.2M
Q3 25
$82.1M
$288.2M
Q2 25
$78.4M
$30.2M
Q1 25
$75.5M
$238.3M
Q4 24
$71.0M
$208.2M
Q3 24
$69.5M
$544.0M
Q2 24
$73.0M
$102.0M
Q1 24
$68.5M
$4.8M
Gross Margin
BWXT
BWXT
RPRX
RPRX
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%
Operating Margin
BWXT
BWXT
RPRX
RPRX
Q4 25
10.4%
62.4%
Q3 25
13.1%
70.1%
Q2 25
13.4%
36.3%
Q1 25
14.2%
94.0%
Q4 24
12.4%
60.9%
Q3 24
14.4%
Q2 24
14.5%
50.2%
Q1 24
15.4%
-13.0%
Net Margin
BWXT
BWXT
RPRX
RPRX
Q4 25
10.5%
34.4%
Q3 25
9.5%
47.3%
Q2 25
10.3%
5.2%
Q1 25
11.1%
41.9%
Q4 24
9.5%
35.1%
Q3 24
10.3%
96.3%
Q2 24
10.7%
19.0%
Q1 24
11.3%
0.8%
EPS (diluted)
BWXT
BWXT
RPRX
RPRX
Q4 25
$1.02
$0.49
Q3 25
$0.89
$0.67
Q2 25
$0.85
$0.07
Q1 25
$0.82
$0.55
Q4 24
$0.77
$0.46
Q3 24
$0.76
$1.21
Q2 24
$0.79
$0.23
Q1 24
$0.75
$0.01

Balance Sheet & Financial Strength

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

Metric
BWXT
BWXT
RPRX
RPRX
Cash + ST InvestmentsLiquidity on hand
$499.8M
$618.7M
Total DebtLower is stronger
$9.0B
Stockholders' EquityBook value
$1.2B
$9.7B
Total Assets
$4.3B
$19.6B
Debt / EquityLower = less leverage
0.92×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BWXT
BWXT
RPRX
RPRX
Q4 25
$499.8M
$618.7M
Q3 25
$79.6M
$938.9M
Q2 25
$37.0M
$631.9M
Q1 25
$55.4M
$1.1B
Q4 24
$74.1M
$929.0M
Q3 24
$35.5M
$950.1M
Q2 24
$48.3M
$1.8B
Q1 24
$45.9M
$843.0M
Total Debt
BWXT
BWXT
RPRX
RPRX
Q4 25
$9.0B
Q3 25
$8.9B
Q2 25
$8.0B
Q1 25
$7.6B
Q4 24
$7.6B
Q3 24
$7.6B
Q2 24
$7.6B
Q1 24
$6.1B
Stockholders' Equity
BWXT
BWXT
RPRX
RPRX
Q4 25
$1.2B
$9.7B
Q3 25
$1.2B
$9.6B
Q2 25
$1.2B
$9.5B
Q1 25
$1.1B
$9.8B
Q4 24
$1.1B
$10.3B
Q3 24
$1.1B
$10.3B
Q2 24
$998.5M
$9.8B
Q1 24
$946.2M
$9.9B
Total Assets
BWXT
BWXT
RPRX
RPRX
Q4 25
$4.3B
$19.6B
Q3 25
$3.8B
$19.3B
Q2 25
$3.7B
$18.3B
Q1 25
$3.1B
$17.6B
Q4 24
$2.9B
$18.2B
Q3 24
$2.9B
$18.0B
Q2 24
$2.8B
$17.7B
Q1 24
$2.8B
$16.1B
Debt / Equity
BWXT
BWXT
RPRX
RPRX
Q4 25
0.92×
Q3 25
0.93×
Q2 25
0.84×
Q1 25
0.78×
Q4 24
0.74×
Q3 24
0.74×
Q2 24
0.78×
Q1 24
0.62×

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
RPRX
RPRX
Operating Cash FlowLast quarter
$127.0M
$827.1M
Free Cash FlowOCF − Capex
$56.8M
FCF MarginFCF / Revenue
6.4%
Capex IntensityCapex / Revenue
7.9%
Cash ConversionOCF / Net Profit
1.37×
3.86×
TTM Free Cash FlowTrailing 4 quarters
$295.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BWXT
BWXT
RPRX
RPRX
Q4 25
$127.0M
$827.1M
Q3 25
$143.2M
$702.6M
Q2 25
$159.0M
$364.0M
Q1 25
$50.6M
$596.1M
Q4 24
$276.9M
$742.5M
Q3 24
$32.6M
$703.6M
Q2 24
$65.9M
$658.2M
Q1 24
$33.0M
$664.6M
Free Cash Flow
BWXT
BWXT
RPRX
RPRX
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
RPRX
RPRX
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
RPRX
RPRX
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
RPRX
RPRX
Q4 25
1.37×
3.86×
Q3 25
1.74×
2.44×
Q2 25
2.03×
12.06×
Q1 25
0.67×
2.50×
Q4 24
3.90×
3.57×
Q3 24
0.47×
1.29×
Q2 24
0.90×
6.45×
Q1 24
0.48×
139.10×

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%

RPRX
RPRX

Financial Royalty Assets$592.4M95%
Royalty Income Other$29.6M5%

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