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Side-by-side financial comparison of BWX Technologies, Inc. (BWXT) and ZIONS BANCORPORATION, NATIONAL ASSOCIATION (ZION). Click either name above to swap in a different company.
ZIONS BANCORPORATION, NATIONAL ASSOCIATION is the larger business by last-quarter revenue ($891.0M vs $885.8M, roughly 1.0× BWX Technologies, Inc.). ZIONS BANCORPORATION, NATIONAL ASSOCIATION runs the higher net margin — 29.5% vs 10.5%, a 19.0% gap on every dollar of revenue. On growth, BWX Technologies, Inc. posted the faster year-over-year revenue change (18.7% vs 8.7%). ZIONS BANCORPORATION, NATIONAL ASSOCIATION produced more free cash flow last quarter ($952.0M vs $56.8M). Over the past eight quarters, BWX Technologies, Inc.'s revenue compounded faster (21.1% CAGR vs 9.6%).
BWX Technologies, Inc. is a company headquartered in Lynchburg, Virginia that supplies nuclear components and fuel internationally.
Zions Bancorporation is an American national bank headquartered in Salt Lake City, Utah. It operates as a national bank rather than as a bank holding company and does business under the following seven brands: Zions Bank, Amegy Bank of Texas, California Bank and Trust, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and the Commerce Bank of Washington.
BWXT vs ZION — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $885.8M | $891.0M |
| Net Profit | $93.0M | $263.0M |
| Gross Margin | — | — |
| Operating Margin | 10.4% | — |
| Net Margin | 10.5% | 29.5% |
| Revenue YoY | 18.7% | 8.7% |
| Net Profit YoY | 30.9% | 21.8% |
| EPS (diluted) | $1.02 | $1.77 |
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 | $891.0M | ||
| Q3 25 | $866.3M | $861.0M | ||
| Q2 25 | $764.0M | $838.0M | ||
| Q1 25 | $682.3M | $795.0M | ||
| Q4 24 | $746.3M | $820.0M | ||
| Q3 24 | $672.0M | $792.0M | ||
| Q2 24 | $681.5M | $777.0M | ||
| Q1 24 | $604.0M | $742.0M |
| Q4 25 | $93.0M | $263.0M | ||
| Q3 25 | $82.1M | $222.0M | ||
| Q2 25 | $78.4M | $244.0M | ||
| Q1 25 | $75.5M | $170.0M | ||
| Q4 24 | $71.0M | $216.0M | ||
| Q3 24 | $69.5M | $214.0M | ||
| Q2 24 | $73.0M | $201.0M | ||
| Q1 24 | $68.5M | $153.0M |
| 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% | — | ||
| Q3 25 | 13.1% | — | ||
| Q2 25 | 13.4% | — | ||
| Q1 25 | 14.2% | — | ||
| Q4 24 | 12.4% | — | ||
| Q3 24 | 14.4% | — | ||
| Q2 24 | 14.5% | — | ||
| Q1 24 | 15.4% | — |
| Q4 25 | 10.5% | 29.5% | ||
| Q3 25 | 9.5% | 25.8% | ||
| Q2 25 | 10.3% | 29.1% | ||
| Q1 25 | 11.1% | 21.4% | ||
| Q4 24 | 9.5% | 26.3% | ||
| Q3 24 | 10.3% | 27.0% | ||
| Q2 24 | 10.7% | 25.9% | ||
| Q1 24 | 11.3% | 20.6% |
| Q4 25 | $1.02 | $1.77 | ||
| Q3 25 | $0.89 | $1.48 | ||
| Q2 25 | $0.85 | $1.63 | ||
| Q1 25 | $0.82 | $1.13 | ||
| Q4 24 | $0.77 | $1.34 | ||
| Q3 24 | $0.76 | $1.37 | ||
| Q2 24 | $0.79 | $1.28 | ||
| Q1 24 | $0.75 | $0.96 |
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 | — |
| Total DebtLower is stronger | — | $1.5B |
| Stockholders' EquityBook value | $1.2B | $7.2B |
| Total Assets | $4.3B | $89.0B |
| Debt / EquityLower = less leverage | — | 0.21× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $499.8M | — | ||
| Q3 25 | $79.6M | — | ||
| Q2 25 | $37.0M | — | ||
| Q1 25 | $55.4M | — | ||
| Q4 24 | $74.1M | — | ||
| Q3 24 | $35.5M | — | ||
| Q2 24 | $48.3M | — | ||
| Q1 24 | $45.9M | — |
| Q4 25 | — | $1.5B | ||
| Q3 25 | — | $1.5B | ||
| Q2 25 | — | $970.0M | ||
| Q1 25 | — | $964.0M | ||
| Q4 24 | — | $950.0M | ||
| Q3 24 | — | $548.0M | ||
| Q2 24 | — | $546.0M | ||
| Q1 24 | — | $544.0M |
| Q4 25 | $1.2B | $7.2B | ||
| Q3 25 | $1.2B | $6.9B | ||
| Q2 25 | $1.2B | $6.6B | ||
| Q1 25 | $1.1B | $6.3B | ||
| Q4 24 | $1.1B | $6.1B | ||
| Q3 24 | $1.1B | $6.4B | ||
| Q2 24 | $998.5M | $6.0B | ||
| Q1 24 | $946.2M | $5.8B |
| Q4 25 | $4.3B | $89.0B | ||
| Q3 25 | $3.8B | $88.5B | ||
| Q2 25 | $3.7B | $88.9B | ||
| Q1 25 | $3.1B | $88.0B | ||
| Q4 24 | $2.9B | $88.8B | ||
| Q3 24 | $2.9B | $87.0B | ||
| Q2 24 | $2.8B | $87.6B | ||
| Q1 24 | $2.8B | $87.1B |
| Q4 25 | — | 0.21× | ||
| Q3 25 | — | 0.21× | ||
| Q2 25 | — | 0.15× | ||
| Q1 25 | — | 0.15× | ||
| Q4 24 | — | 0.16× | ||
| Q3 24 | — | 0.09× | ||
| Q2 24 | — | 0.09× | ||
| Q1 24 | — | 0.09× |
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 | $1.1B |
| Free Cash FlowOCF − Capex | $56.8M | $952.0M |
| FCF MarginFCF / Revenue | 6.4% | 106.8% |
| Capex IntensityCapex / Revenue | 7.9% | 13.6% |
| Cash ConversionOCF / Net Profit | 1.37× | 4.08× |
| TTM Free Cash FlowTrailing 4 quarters | $295.3M | $1.4B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $127.0M | $1.1B | ||
| Q3 25 | $143.2M | $438.0M | ||
| Q2 25 | $159.0M | $-62.0M | ||
| Q1 25 | $50.6M | $179.0M | ||
| Q4 24 | $276.9M | $1.1B | ||
| Q3 24 | $32.6M | $119.0M | ||
| Q2 24 | $65.9M | $251.0M | ||
| Q1 24 | $33.0M | $261.0M |
| Q4 25 | $56.8M | $952.0M | ||
| Q3 25 | $94.9M | $413.0M | ||
| Q2 25 | $126.3M | $-93.0M | ||
| Q1 25 | $17.3M | $152.0M | ||
| Q4 24 | $224.4M | $1.1B | ||
| Q3 24 | $-7.7M | $97.0M | ||
| Q2 24 | $35.5M | $234.0M | ||
| Q1 24 | $2.6M | $231.0M |
| Q4 25 | 6.4% | 106.8% | ||
| Q3 25 | 11.0% | 48.0% | ||
| Q2 25 | 16.5% | -11.1% | ||
| Q1 25 | 2.5% | 19.1% | ||
| Q4 24 | 30.1% | 128.2% | ||
| Q3 24 | -1.1% | 12.2% | ||
| Q2 24 | 5.2% | 30.1% | ||
| Q1 24 | 0.4% | 31.1% |
| Q4 25 | 7.9% | 13.6% | ||
| Q3 25 | 5.6% | 2.9% | ||
| Q2 25 | 4.3% | 3.7% | ||
| Q1 25 | 4.9% | 3.4% | ||
| Q4 24 | 7.0% | 11.8% | ||
| Q3 24 | 6.0% | 2.8% | ||
| Q2 24 | 4.5% | 2.2% | ||
| Q1 24 | 5.0% | 4.0% |
| Q4 25 | 1.37× | 4.08× | ||
| Q3 25 | 1.74× | 1.97× | ||
| Q2 25 | 2.03× | -0.25× | ||
| Q1 25 | 0.67× | 1.05× | ||
| Q4 24 | 3.90× | 5.31× | ||
| Q3 24 | 0.47× | 0.56× | ||
| Q2 24 | 0.90× | 1.25× | ||
| Q1 24 | 0.48× | 1.71× |
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% |
ZION
Segment breakdown not available.
