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BWX Technologies, Inc.（BWXT）与OPEN TEXT CORP（OTEX）财务数据对比。点击上方公司名可切换其他公司
OPEN TEXT CORP的季度营收约是BWX Technologies, Inc.的1.5倍（$1.3B vs $885.8M），OPEN TEXT CORP净利率更高（12.7% vs 10.5%，领先2.2%），BWX Technologies, Inc.同比增速更快（18.7% vs -0.6%），OPEN TEXT CORP自由现金流更多（$279.4M vs $56.8M），过去两年BWX Technologies, Inc.的营收复合增速更高（21.1% vs -4.3%）
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。
Open Text Corporation是全球知名的跨国软件企业，专注于信息管理类软件的研发与销售，业务覆盖全球众多国家和地区，可为各行业客户提供成熟的信息管理解决方案，助力企业高效管理数据资产，推进数字化转型落地。
BWXT vs OTEX — 直观对比
营收规模更大
OTEX
是对方的1.5倍
$885.8M
营收增速更快
BWXT
高出19.3%
-0.6%
净利率更高
OTEX
高出2.2%
10.5%
自由现金流更多
OTEX
多$222.6M
$56.8M
两年增速更快
BWXT
近两年复合增速
-4.3%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $885.8M | $1.3B |
| 净利润 | $93.0M | $168.1M |
| 毛利率 | — | 74.0% |
| 营业利润率 | 10.4% | 22.0% |
| 净利率 | 10.5% | 12.7% |
| 营收同比 | 18.7% | -0.6% |
| 净利润同比 | 30.9% | -26.9% |
| 每股收益（稀释后） | $1.02 | $0.66 |
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BWXTOTEX
| Q4 25 | $885.8M | $1.3B | ||
| Q3 25 | $866.3M | $1.3B | ||
| Q2 25 | $764.0M | $1.3B | ||
| Q1 25 | $682.3M | $1.3B | ||
| Q4 24 | $746.3M | $1.3B | ||
| Q3 24 | $672.0M | $1.3B | ||
| Q2 24 | $681.5M | $1.4B | ||
| Q1 24 | $604.0M | $1.4B |
净利润BWXTOTEX
| Q4 25 | $93.0M | $168.1M | ||
| Q3 25 | $82.1M | $146.6M | ||
| Q2 25 | $78.4M | $28.8M | ||
| Q1 25 | $75.5M | $92.8M | ||
| Q4 24 | $71.0M | $229.9M | ||
| Q3 24 | $69.5M | $84.4M | ||
| Q2 24 | $73.0M | $248.2M | ||
| Q1 24 | $68.5M | $98.3M |
毛利率BWXTOTEX
| Q4 25 | — | 74.0% | ||
| Q3 25 | 21.8% | 72.8% | ||
| Q2 25 | 25.1% | 72.3% | ||
| Q1 25 | 24.2% | 71.6% | ||
| Q4 24 | — | 73.3% | ||
| Q3 24 | 24.4% | 71.7% | ||
| Q2 24 | 24.7% | 72.5% | ||
| Q1 24 | 24.6% | 73.0% |
营业利润率BWXTOTEX
| Q4 25 | 10.4% | 22.0% | ||
| Q3 25 | 13.1% | 21.0% | ||
| Q2 25 | 13.4% | 13.9% | ||
| Q1 25 | 14.2% | 16.7% | ||
| Q4 24 | 12.4% | 22.2% | ||
| Q3 24 | 14.4% | 16.3% | ||
| Q2 24 | 14.5% | 14.2% | ||
| Q1 24 | 15.4% | 15.7% |
净利率BWXTOTEX
| Q4 25 | 10.5% | 12.7% | ||
| Q3 25 | 9.5% | 11.4% | ||
| Q2 25 | 10.3% | 2.2% | ||
| Q1 25 | 11.1% | 7.4% | ||
| Q4 24 | 9.5% | 17.2% | ||
| Q3 24 | 10.3% | 6.6% | ||
| Q2 24 | 10.7% | 18.2% | ||
| Q1 24 | 11.3% | 6.8% |
每股收益（稀释后）BWXTOTEX
| Q4 25 | $1.02 | $0.66 | ||
| Q3 25 | $0.89 | $0.58 | ||
| Q2 25 | $0.85 | $0.11 | ||
| Q1 25 | $0.82 | $0.35 | ||
| Q4 24 | $0.77 | $0.87 | ||
| Q3 24 | $0.76 | $0.32 | ||
| Q2 24 | $0.79 | $0.91 | ||
| Q1 24 | $0.75 | $0.36 |
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 | $1.3B |
| 总债务越低越好 | — | $6.4B |
| 股东权益账面价值 | $1.2B | $4.0B |
| 总资产 | $4.3B | $13.6B |
| 负债/权益比越低杠杆越低 | — | 1.58× |
8季度趋势，按日历期对齐
现金及短期投资BWXTOTEX
| Q4 25 | $499.8M | $1.3B | ||
| Q3 25 | $79.6M | $1.1B | ||
| Q2 25 | $37.0M | $1.2B | ||
| Q1 25 | $55.4M | $1.3B | ||
| Q4 24 | $74.1M | $1.1B | ||
| Q3 24 | $35.5M | $1.0B | ||
| Q2 24 | $48.3M | $1.3B | ||
| Q1 24 | $45.9M | $1.1B |
总债务BWXTOTEX
| Q4 25 | — | $6.4B | ||
| Q3 25 | — | $6.4B | ||
| Q2 25 | — | $6.4B | ||
| Q1 25 | — | $6.4B | ||
| Q4 24 | — | $6.4B | ||
| Q3 24 | — | $6.4B | ||
| Q2 24 | — | $6.4B | ||
| Q1 24 | — | $8.4B |
股东权益BWXTOTEX
| Q4 25 | $1.2B | $4.0B | ||
| Q3 25 | $1.2B | $4.0B | ||
| Q2 25 | $1.2B | $3.9B | ||
| Q1 25 | $1.1B | $4.1B | ||
| Q4 24 | $1.1B | $4.2B | ||
| Q3 24 | $1.1B | $4.1B | ||
| Q2 24 | $998.5M | $4.2B | ||
| Q1 24 | $946.2M | $4.1B |
总资产BWXTOTEX
| Q4 25 | $4.3B | $13.6B | ||
| Q3 25 | $3.8B | $13.5B | ||
| Q2 25 | $3.7B | $13.8B | ||
| Q1 25 | $3.1B | $13.8B | ||
| Q4 24 | $2.9B | $13.7B | ||
| Q3 24 | $2.9B | $13.8B | ||
| Q2 24 | $2.8B | $14.2B | ||
| Q1 24 | $2.8B | $16.4B |
负债/权益比BWXTOTEX
| Q4 25 | — | 1.58× | ||
| Q3 25 | — | 1.61× | ||
| Q2 25 | — | 1.62× | ||
| Q1 25 | — | 1.55× | ||
| Q4 24 | — | 1.51× | ||
| Q3 24 | — | 1.55× | ||
| Q2 24 | — | 1.52× | ||
| Q1 24 | — | 2.02× |
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 | $318.7M |
| 自由现金流经营现金流 - 资本支出 | $56.8M | $279.4M |
| 自由现金流率自由现金流/营收 | 6.4% | 21.1% |
| 资本支出强度资本支出/营收 | 7.9% | 3.0% |
| 现金转化率经营现金流/净利润 | 1.37× | 1.90× |
| 过去12个月自由现金流最近4个季度 | $295.3M | $878.5M |
8季度趋势，按日历期对齐
经营现金流BWXTOTEX
| Q4 25 | $127.0M | $318.7M | ||
| Q3 25 | $143.2M | $147.8M | ||
| Q2 25 | $159.0M | $158.2M | ||
| Q1 25 | $50.6M | $402.2M | ||
| Q4 24 | $276.9M | $348.0M | ||
| Q3 24 | $32.6M | $-77.8M | ||
| Q2 24 | $65.9M | $185.2M | ||
| Q1 24 | $33.0M | $384.7M |
自由现金流BWXTOTEX
| Q4 25 | $56.8M | $279.4M | ||
| Q3 25 | $94.9M | $101.2M | ||
| Q2 25 | $126.3M | $124.0M | ||
| Q1 25 | $17.3M | $373.8M | ||
| Q4 24 | $224.4M | $306.7M | ||
| Q3 24 | $-7.7M | $-117.1M | ||
| Q2 24 | $35.5M | $145.2M | ||
| Q1 24 | $2.6M | $348.2M |
自由现金流率BWXTOTEX
| Q4 25 | 6.4% | 21.1% | ||
| Q3 25 | 11.0% | 7.9% | ||
| Q2 25 | 16.5% | 9.5% | ||
| Q1 25 | 2.5% | 29.8% | ||
| Q4 24 | 30.1% | 23.0% | ||
| Q3 24 | -1.1% | -9.2% | ||
| Q2 24 | 5.2% | 10.7% | ||
| Q1 24 | 0.4% | 24.1% |
资本支出强度BWXTOTEX
| Q4 25 | 7.9% | 3.0% | ||
| Q3 25 | 5.6% | 3.6% | ||
| Q2 25 | 4.3% | 2.6% | ||
| Q1 25 | 4.9% | 2.3% | ||
| Q4 24 | 7.0% | 3.1% | ||
| Q3 24 | 6.0% | 3.1% | ||
| Q2 24 | 4.5% | 2.9% | ||
| Q1 24 | 5.0% | 2.5% |
现金转化率BWXTOTEX
| Q4 25 | 1.37× | 1.90× | ||
| Q3 25 | 1.74× | 1.01× | ||
| Q2 25 | 2.03× | 5.49× | ||
| Q1 25 | 0.67× | 4.33× | ||
| Q4 24 | 3.90× | 1.51× | ||
| Q3 24 | 0.47× | -0.92× | ||
| Q2 24 | 0.90× | 0.75× | ||
| Q1 24 | 0.48× | 3.91× |
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% |
OTEX
| Transferred At Point In Time | $184.2M | 14% |
| Cybersecurity Enterprise Product | $174.5M | 13% |
| Business Network Product | $159.8M | 12% |
| Business Network Cloud Services And Subscriptions | $151.4M | 11% |
| Content Cloud Services And Subscriptions | $137.9M | 10% |
| Cybersecurity SMB Consumer Product | $127.6M | 10% |
| Application Delivery Management Product | $120.1M | 9% |
| IT Operations Management Product | $113.3M | 9% |
| Professional Service And Other | $82.5M | 6% |
| Analytics Product | $58.1M | 4% |
| IT Operations Management Cloud Services And Subscriptions | $7.8M | 1% |
