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BWX Technologies, Inc.（BWXT）与OLIN Corp（OLN）财务数据对比。点击上方公司名可切换其他公司
OLIN Corp的季度营收约是BWX Technologies, Inc.的1.9倍（$1.7B vs $885.8M），BWX Technologies, Inc.净利率更高（10.5% vs -8.6%，领先19.1%），BWX Technologies, Inc.同比增速更快（18.7% vs -0.4%），过去两年BWX Technologies, Inc.的营收复合增速更高（21.1% vs 0.9%）
BWX Technologies Inc.（简称BWXT）总部位于美国弗吉尼亚州林奇堡，是一家面向全球供应核部件与核燃料的专业企业，产品广泛应用于核电及核工业相关领域，服务覆盖全球多个国家和地区的客户。
奥林公司是美国知名制造企业，主营弹药、氯气及氢氧化钠产品。其历史可追溯至1892年成立的两家企业：富兰克林·W·奥林创立的公平火药公司，以及马西森碱业公司。过往奥林旗下化工厂曾发生安全事故，对员工及周边居民健康造成风险。
BWXT vs OLN — 直观对比
营收规模更大
OLN
是对方的1.9倍
$885.8M
营收增速更快
BWXT
高出19.1%
-0.4%
净利率更高
BWXT
高出19.1%
-8.6%
两年增速更快
BWXT
近两年复合增速
0.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $885.8M | $1.7B |
| 净利润 | $93.0M | $-143.2M |
| 毛利率 | — | 1.9% |
| 营业利润率 | 10.4% | -9.4% |
| 净利率 | 10.5% | -8.6% |
| 营收同比 | 18.7% | -0.4% |
| 净利润同比 | 30.9% | -1517.8% |
| 每股收益（稀释后） | $1.02 | $-1.25 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收BWXTOLN
| Q4 25 | $885.8M | $1.7B | ||
| Q3 25 | $866.3M | $1.7B | ||
| Q2 25 | $764.0M | $1.8B | ||
| Q1 25 | $682.3M | $1.6B | ||
| Q4 24 | $746.3M | $1.7B | ||
| Q3 24 | $672.0M | $1.6B | ||
| Q2 24 | $681.5M | $1.6B | ||
| Q1 24 | $604.0M | $1.6B |
净利润BWXTOLN
| Q4 25 | $93.0M | $-143.2M | ||
| Q3 25 | $82.1M | $43.7M | ||
| Q2 25 | $78.4M | $-2.8M | ||
| Q1 25 | $75.5M | $1.2M | ||
| Q4 24 | $71.0M | $10.1M | ||
| Q3 24 | $69.5M | $-25.2M | ||
| Q2 24 | $73.0M | $72.3M | ||
| Q1 24 | $68.5M | $47.8M |
毛利率BWXTOLN
| Q4 25 | — | 1.9% | ||
| Q3 25 | 21.8% | 10.7% | ||
| Q2 25 | 25.1% | 7.9% | ||
| Q1 25 | 24.2% | 9.0% | ||
| Q4 24 | — | 9.4% | ||
| Q3 24 | 24.4% | 8.5% | ||
| Q2 24 | 24.7% | 14.5% | ||
| Q1 24 | 24.6% | 12.7% |
营业利润率BWXTOLN
| Q4 25 | 10.4% | -9.4% | ||
| Q3 25 | 13.1% | 4.8% | ||
| Q2 25 | 13.4% | 2.0% | ||
| Q1 25 | 14.2% | 2.7% | ||
| Q4 24 | 12.4% | 2.8% | ||
| Q3 24 | 14.4% | 1.0% | ||
| Q2 24 | 14.5% | 8.3% | ||
| Q1 24 | 15.4% | 5.9% |
净利率BWXTOLN
| Q4 25 | 10.5% | -8.6% | ||
| Q3 25 | 9.5% | 2.6% | ||
| Q2 25 | 10.3% | -0.2% | ||
| Q1 25 | 11.1% | 0.1% | ||
| Q4 24 | 9.5% | 0.6% | ||
| Q3 24 | 10.3% | -1.6% | ||
| Q2 24 | 10.7% | 4.4% | ||
| Q1 24 | 11.3% | 2.9% |
每股收益（稀释后）BWXTOLN
| Q4 25 | $1.02 | $-1.25 | ||
| Q3 25 | $0.89 | $0.37 | ||
| Q2 25 | $0.85 | $-0.01 | ||
| Q1 25 | $0.82 | $0.01 | ||
| Q4 24 | $0.77 | $0.10 | ||
| Q3 24 | $0.76 | $-0.21 | ||
| Q2 24 | $0.79 | $0.62 | ||
| Q1 24 | $0.75 | $0.40 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $499.8M | $167.6M |
| 总债务越低越好 | — | $2.8B |
| 股东权益账面价值 | $1.2B | $1.8B |
| 总资产 | $4.3B | $7.3B |
| 负债/权益比越低杠杆越低 | — | 1.55× |
8季度趋势，按日历期对齐
现金及短期投资BWXTOLN
| Q4 25 | $499.8M | $167.6M | ||
| Q3 25 | $79.6M | — | ||
| Q2 25 | $37.0M | — | ||
| Q1 25 | $55.4M | — | ||
| Q4 24 | $74.1M | $175.6M | ||
| Q3 24 | $35.5M | — | ||
| Q2 24 | $48.3M | — | ||
| Q1 24 | $45.9M | — |
总债务BWXTOLN
| Q4 25 | — | $2.8B | ||
| Q3 25 | — | $3.0B | ||
| Q2 25 | — | $3.0B | ||
| Q1 25 | — | $3.0B | ||
| Q4 24 | — | $2.7B | ||
| Q3 24 | — | $2.8B | ||
| Q2 24 | — | $2.8B | ||
| Q1 24 | — | $2.7B |
股东权益BWXTOLN
| Q4 25 | $1.2B | $1.8B | ||
| Q3 25 | $1.2B | $2.0B | ||
| Q2 25 | $1.2B | $2.0B | ||
| Q1 25 | $1.1B | $2.0B | ||
| Q4 24 | $1.1B | $2.0B | ||
| Q3 24 | $1.1B | $2.1B | ||
| Q2 24 | $998.5M | $2.1B | ||
| Q1 24 | $946.2M | $2.2B |
总资产BWXTOLN
| Q4 25 | $4.3B | $7.3B | ||
| Q3 25 | $3.8B | $7.6B | ||
| Q2 25 | $3.7B | $7.7B | ||
| Q1 25 | $3.1B | $7.7B | ||
| Q4 24 | $2.9B | $7.6B | ||
| Q3 24 | $2.9B | $7.5B | ||
| Q2 24 | $2.8B | $7.7B | ||
| Q1 24 | $2.8B | $7.6B |
负债/权益比BWXTOLN
| Q4 25 | — | 1.55× | ||
| Q3 25 | — | 1.52× | ||
| Q2 25 | — | 1.52× | ||
| Q1 25 | — | 1.50× | ||
| Q4 24 | — | 1.34× | ||
| Q3 24 | — | 1.34× | ||
| Q2 24 | — | 1.31× | ||
| Q1 24 | — | 1.24× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $127.0M | $321.2M |
| 自由现金流经营现金流 - 资本支出 | $56.8M | — |
| 自由现金流率自由现金流/营收 | 6.4% | — |
| 资本支出强度资本支出/营收 | 7.9% | — |
| 现金转化率经营现金流/净利润 | 1.37× | — |
| 过去12个月自由现金流最近4个季度 | $295.3M | — |
8季度趋势，按日历期对齐
经营现金流BWXTOLN
| Q4 25 | $127.0M | $321.2M | ||
| Q3 25 | $143.2M | $26.7M | ||
| Q2 25 | $159.0M | $212.3M | ||
| Q1 25 | $50.6M | $-86.0M | ||
| Q4 24 | $276.9M | $141.7M | ||
| Q3 24 | $32.6M | $189.9M | ||
| Q2 24 | $65.9M | $90.6M | ||
| Q1 24 | $33.0M | $81.0M |
自由现金流BWXTOLN
| Q4 25 | $56.8M | — | ||
| Q3 25 | $94.9M | $-44.4M | ||
| Q2 25 | $126.3M | — | ||
| Q1 25 | $17.3M | $-147.4M | ||
| Q4 24 | $224.4M | $90.7M | ||
| Q3 24 | $-7.7M | $146.6M | ||
| Q2 24 | $35.5M | $34.1M | ||
| Q1 24 | $2.6M | $36.7M |
自由现金流率BWXTOLN
| Q4 25 | 6.4% | — | ||
| Q3 25 | 11.0% | -2.6% | ||
| Q2 25 | 16.5% | — | ||
| Q1 25 | 2.5% | -9.0% | ||
| Q4 24 | 30.1% | 5.4% | ||
| Q3 24 | -1.1% | 9.2% | ||
| Q2 24 | 5.2% | 2.1% | ||
| Q1 24 | 0.4% | 2.2% |
资本支出强度BWXTOLN
| Q4 25 | 7.9% | — | ||
| Q3 25 | 5.6% | 4.2% | ||
| Q2 25 | 4.3% | — | ||
| Q1 25 | 4.9% | 3.7% | ||
| Q4 24 | 7.0% | 3.1% | ||
| Q3 24 | 6.0% | 2.7% | ||
| Q2 24 | 4.5% | 3.4% | ||
| Q1 24 | 5.0% | 2.7% |
现金转化率BWXTOLN
| Q4 25 | 1.37× | — | ||
| Q3 25 | 1.74× | 0.61× | ||
| Q2 25 | 2.03× | — | ||
| Q1 25 | 0.67× | -71.67× | ||
| Q4 24 | 3.90× | 14.03× | ||
| Q3 24 | 0.47× | — | ||
| Q2 24 | 0.90× | 1.25× | ||
| Q1 24 | 0.48× | 1.69× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
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% |
OLN
| Chlorinechlorinederivativesandothercoproducts | $456.2M | 27% |
| Causticsoda | $400.2M | 24% |
| Militaryandlawenforcement | $304.6M | 18% |
| Epoxyresins | $194.9M | 12% |
| Aromaticsandallylics | $164.4M | 10% |
| Commercial | $144.8M | 9% |
