vs
BWX Technologies, Inc.（BWXT）与微博公司（WB）财务数据对比。点击上方公司名可切换其他公司
微博公司的季度营收约是BWX Technologies, Inc.的1.4倍（$1.3B vs $885.8M），微博公司净利率更高（35.7% vs 10.5%，领先25.2%），过去两年微博公司的营收复合增速更高（22.6% vs 21.1%）
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。
微博公司是中国知名的社交网络企业，旗下运营的新浪微博是国内极具影响力的微博客平台，公司总部位于中国北京，为数以亿计的用户提供社交互动、资讯传播、内容创作等多元互联网服务。
BWXT vs WB — 直观对比
营收规模更大
WB
是对方的1.4倍
$885.8M
净利率更高
WB
高出25.2%
10.5%
两年增速更快
WB
近两年复合增速
21.1%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $885.8M | $1.3B |
| 净利润 | $93.0M | $458.3M |
| 毛利率 | — | — |
| 营业利润率 | 10.4% | 29.1% |
| 净利率 | 10.5% | 35.7% |
| 营收同比 | 18.7% | — |
| 净利润同比 | 30.9% | — |
| 每股收益（稀释后） | $1.02 | — |
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BWXTWB
| Q4 25 | $885.8M | — | ||
| Q3 25 | $866.3M | $1.3B | ||
| Q2 25 | $764.0M | $841.7M | ||
| Q1 25 | $682.3M | $396.9M | ||
| Q4 24 | $746.3M | — | ||
| Q3 24 | $672.0M | $1.3B | ||
| Q2 24 | $681.5M | $833.4M | ||
| Q1 24 | $604.0M | $395.5M |
净利润BWXTWB
| Q4 25 | $93.0M | — | ||
| Q3 25 | $82.1M | $458.3M | ||
| Q2 25 | $78.4M | $234.8M | ||
| Q1 25 | $75.5M | $108.1M | ||
| Q4 24 | $71.0M | — | ||
| Q3 24 | $69.5M | $297.4M | ||
| Q2 24 | $73.0M | $164.6M | ||
| Q1 24 | $68.5M | $51.1M |
毛利率BWXTWB
| 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% | — |
营业利润率BWXTWB
| Q4 25 | 10.4% | — | ||
| Q3 25 | 13.1% | 29.1% | ||
| Q2 25 | 13.4% | 30.4% | ||
| Q1 25 | 14.2% | 27.8% | ||
| Q4 24 | 12.4% | — | ||
| Q3 24 | 14.4% | 29.0% | ||
| Q2 24 | 14.5% | 28.2% | ||
| Q1 24 | 15.4% | 25.2% |
净利率BWXTWB
| Q4 25 | 10.5% | — | ||
| Q3 25 | 9.5% | 35.7% | ||
| Q2 25 | 10.3% | 27.9% | ||
| Q1 25 | 11.1% | 27.2% | ||
| Q4 24 | 9.5% | — | ||
| Q3 24 | 10.3% | 22.9% | ||
| Q2 24 | 10.7% | 19.8% | ||
| Q1 24 | 11.3% | 12.9% |
每股收益（稀释后）BWXTWB
| Q4 25 | $1.02 | — | ||
| Q3 25 | $0.89 | — | ||
| Q2 25 | $0.85 | — | ||
| Q1 25 | $0.82 | — | ||
| Q4 24 | $0.77 | — | ||
| Q3 24 | $0.76 | — | ||
| Q2 24 | $0.79 | — | ||
| Q1 24 | $0.75 | — |
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 | $1.1B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.2B | $3.9B |
| 总资产 | $4.3B | $6.9B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资BWXTWB
| Q4 25 | $499.8M | — | ||
| Q3 25 | $79.6M | $1.1B | ||
| Q2 25 | $37.0M | $1.2B | ||
| Q1 25 | $55.4M | $1.2B | ||
| Q4 24 | $74.1M | — | ||
| Q3 24 | $35.5M | — | ||
| Q2 24 | $48.3M | $1.9B | ||
| Q1 24 | $45.9M | $2.1B |
股东权益BWXTWB
| Q4 25 | $1.2B | — | ||
| Q3 25 | $1.2B | $3.9B | ||
| Q2 25 | $1.2B | $3.6B | ||
| Q1 25 | $1.1B | $3.5B | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $1.1B | — | ||
| Q2 24 | $998.5M | $3.4B | ||
| Q1 24 | $946.2M | $3.3B |
总资产BWXTWB
| Q4 25 | $4.3B | — | ||
| Q3 25 | $3.8B | $6.9B | ||
| Q2 25 | $3.7B | $6.5B | ||
| Q1 25 | $3.1B | $6.7B | ||
| Q4 24 | $2.9B | — | ||
| Q3 24 | $2.9B | — | ||
| Q2 24 | $2.8B | $7.1B | ||
| Q1 24 | $2.8B | $7.3B |
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 | — |
| 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BWXTWB
| Q4 25 | $127.0M | — | ||
| Q3 25 | $143.2M | — | ||
| Q2 25 | $159.0M | — | ||
| Q1 25 | $50.6M | — | ||
| Q4 24 | $276.9M | — | ||
| Q3 24 | $32.6M | — | ||
| Q2 24 | $65.9M | — | ||
| Q1 24 | $33.0M | — |
自由现金流BWXTWB
| 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 | — |
自由现金流率BWXTWB
| 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% | — |
资本支出强度BWXTWB
| 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% | — |
现金转化率BWXTWB
| Q4 25 | 1.37× | — | ||
| Q3 25 | 1.74× | — | ||
| Q2 25 | 2.03× | — | ||
| Q1 25 | 0.67× | — | ||
| Q4 24 | 3.90× | — | ||
| Q3 24 | 0.47× | — | ||
| Q2 24 | 0.90× | — | ||
| Q1 24 | 0.48× | — |
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% |
WB
| Income from operations | $373.2M | 29% |
| Shares used in computing diluted net income per share attributable to Weibos shareholders | $268.1M | 21% |
| Shares used in computing basic net income per share attributable to Weibos shareholders | $238.6M | 19% |
| Value-added services | $186.1M | 14% |
| Less: Income tax expenses | $113.2M | 9% |
| Investment related income, net | $45.0M | 4% |
| Product development | $16.7M | 1% |
| General and administrative | $10.6M | 1% |
| Sales and marketing | $7.1M | 1% |
| Accretion to redeemable non-controlling interests | $3.0M | 0% |
